XML 16 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues    
Product revenues $ 10,074,000 $ 7,726,000
Service revenues 5,450,000 3,521,000
Total revenues 15,524,000 11,247,000
Cost of product revenues 6,016,000 4,313,000
Cost of service revenues 3,010,000 2,243,000
Total cost of revenues 9,026,000 6,556,000
Gross profit 6,498,000 4,691,000
Operating expenses    
Sales and marketing 419,000 379,000
Research and development 974,000 1,346,000
General and administrative 4,089,000 4,421,000
Total operating expenses 5,482,000 6,146,000
Income (loss) from operations 1,016,000 (1,455,000)
Interest expense, net (45,000) (28,000)
Other income, net (199,000) 42,000
Total non-operating (expense) income (244,000) 14,000
Income (loss) before income taxes 772,000 (1,441,000)
Income tax (benefit) expense 0 0
Net income (loss) 772,000 (1,441,000)
Adjustments attributable to preferred stockholders   (7,000)
Net income (loss) available to common stockholders $ 772,000 $ (1,448,000)
Basic net income (loss) per common share $ 0.07 $ (0.13)
Diluted net income (loss) per common share $ 0.06 $ (0.13)
Basic weighted average common shares outstanding 10,943 10,803
Diluted weighted average common shares outstanding 12,287 10,803