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Business Description, Basis of Presentation and Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2019
Business Description, Basis of Presentation and Significant Accounting Policies  
Schedule of allowance for doubtful accounts activity

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

Balance at beginning of the year

 

$

631

 

 

$

472

 

Allowance increase

 

 

92

 

 

 

159

 

Write offs, net of recoveries

 

 

(299

 

 

 

Balance at end of the year

 

$

424

 

 

$

631

 

Schedule of deferred revenue and associated cost of goods sold and gross profit

 

 

As of December 31,

 

 

 

2019

 

 

2018

 

Deferred revenue

 

$

173

 

 

$

283

 

Deferred cost of goods sold

 

 

 

 

 

 

Deferred gross profit

 

$

173

 

 

$

283

 

Schedule of disaggregates the Company’s revenue into primary product groups and major regions

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

North and South America

 

$

14,040

 

 

$

16,534

 

Asia (including Middle East) and Australia

 

 

7,773

 

 

 

7,924

 

Europe and Africa

 

 

3,229

 

 

 

3,698


 

 

$

25,042

 

 

$

28,156

 



Year Ended December 31

 

 

2019

 

 

2018

 

Audio Conferencing

 

$

11,609

 

 

$

13,946

 

Microphones

 

 

8,818

 

 

 

9,012

 

Video products

 

 

4,615

 

 

 

5,198

 

 

 

$

25,042

 

 

$

28,156

 

Schedule of changes in the warranty accrual

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

Balance at the beginning of year

 

$

194

 

 

$

245

 

Accruals/additions

 

 

121

 

 

 

288

 

Usage/claims

 

 

(121

)

 

 

(339

)

Balance at end of year

 

$

194

 

 

$

194

 

Schedule of the computation of basic and diluted loss per common share

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

Net loss

 

$

(8,408

)

 

$

(16,687

)

Denominator:

 

 

 

 

 

 

 

 

Basic weighted average shares

 

 

16,638,580

 

 

 

8,942,629

 

Dilutive common stock equivalents using treasury stock method

 

 

 

 

 

 

Diluted weighted average shares

 

 

16,638,580

 

 

 

8,942,629

 

 

 

 

 

 

 

 

 

 

Basic loss per common share:

 

$

(0.51

)

 

$

(1.87

)

 

Diluted loss per common share:

 

$

(0.51

)

 

$

(1.87

)

 

 

 

 

 

 

 

 

 

 

 

Weighted average options outstanding

 

 

566,200

 

 

 

713,331

 

 

Anti-dilutive options not included in the computation

 

 

566,200

 

 

 

713,331