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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues        
Product revenues $ 9,343,000 $ 9,569,000 $ 19,417,000 $ 17,295,000
Service revenues 5,717,000 4,387,000 11,167,000 7,908,000
License revenues 250,000   250,000  
Total revenues 15,310,000 13,956,000 30,834,000 25,203,000
Cost of product revenues 6,158,000 5,303,000 12,174,000 9,617,000
Cost of service revenues 2,959,000 2,347,000 5,969,000 4,590,000
Total cost of revenues 9,117,000 7,650,000 18,143,000 14,207,000
Gross profit 6,193,000 6,306,000 12,691,000 10,996,000
Operating expenses        
Sales and marketing 563,000 410,000 982,000 788,000
Research and development 1,055,000 1,648,000 2,029,000 2,994,000
General and administrative 6,518,000 4,604,000 10,607,000 9,025,000
Total operating expenses 8,136,000 6,662,000 13,618,000 12,807,000
Loss from operations (1,943,000) (356,000) (927,000) (1,811,000)
Interest expense, net (29,000) (30,000) (74,000) (58,000)
Other income, net 758,000 10,000 559,000 52,000
Total non-operating income (expense) 729,000 (20,000) 485,000 (6,000)
Loss before income taxes (1,214,000) (376,000) (442,000) (1,817,000)
Income tax expense 300,000 0 300,000 0
Net loss (1,514,000) (376,000) (742,000) (1,817,000)
Adjustments attributable to preferred stockholders   452,000   445,000
Net (loss) income available to common stockholders $ (1,514,000) $ 76,000 $ (742,000) $ (1,372,000)
Basic net (loss) income per common share $ (0.14) $ 0.01 $ (0.07) $ (0.13)
Diluted net (loss) income per common share $ (0.14) $ (0.03) $ (0.07) $ (0.13)
Basic weighted average common shares outstanding 11,103 10,803 11,023 10,803
Diluted weighted average common shares outstanding 11,103 10,954 11,023 10,803