XML 15 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Sales $ 26,255 $ 20,091 $ 48,799 $ 40,730
Cost of Sales 19,387 13,981 35,628 28,946
Gross Profit 6,868 6,110 13,171 11,784
Operating Expenses:        
Selling, General and Administrative 3,625 3,863 7,661 7,575
Professional Fees 360 320 841 630
Depreciation 22 29 43 59
Amortization of Other Intangible Assets 57 70 121 143
Consulting Fees 398 146 536 298
Total Operating Expenses 4,462 4,428 9,202 8,705
Operating Income 2,406 1,682 3,969 3,079
Other (Income) Expense:        
Interest Expense 56 304 117 626
Interest Expense – Related Party 0 183 0 366
Interest Expense – Amortization of Discount 0 45 0 90
Other, Net (59) (561) (48) (611)
Total Other (Income) Expense (3) (29) 69 471
Income Before Income Taxes 2,409 1,711 3,900 2,608
Provision for Income Taxes 254 46 336 112
Net Income $ 2,155 $ 1,665 $ 3,564 $ 2,496
Earnings Per Share:        
Basic (usd per share) $ 0.02 $ 0.01 $ 0.03 $ 0.02
Diluted (usd per share) $ 0.02 $ 0.01 $ 0.03 $ 0.02
Basic, weighted average shares outstanding (shares) 124 123 124 122
Diluted, weighted average shares outstanding (shares 125 123 125 122