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Proforma Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2015
Revenue:  
Product sales $ 2,572
Royalties 2,609
Total revenue 5,181
Cost of revenue:  
Product sales 977
Total cost of revenue 977
Gross profit 4,204
Operating expenses:  
Selling, marketing and product support 1,322
General and administrative 1,390
Research and development 1,123
Amortization of intangible assets 382
LPR business unit sale costs 751
Total operating expenses 4,968
Loss from operations (764)
Other, net 30
Loss before income taxes (734)
Income tax expense (benefit) 8
Net loss $ (742)
Net loss per share:  
Basic $ (0.15)
Diluted $ (0.15)
Weighted average number of common shares outstanding:  
Basic 5,008,000
Diluted 5,008,000
Scenario, Actual [Member]  
Revenue:  
Product sales $ 2,572
Royalties 2,609
Total revenue 5,181
Cost of revenue:  
Product sales 977
Total cost of revenue 977
Gross profit 4,204
Operating expenses:  
Selling, marketing and product support 1,322
General and administrative 1,390
Research and development 1,123
Amortization of intangible assets 382
LPR business unit sale costs 751
Total operating expenses 4,968
Loss from operations (764)
Other, net 30
Loss before income taxes (734)
Income tax expense (benefit) 8
Net loss $ (742)
Net loss per share:  
Basic $ (0.15)
Diluted $ (0.15)
Weighted average number of common shares outstanding:  
Basic 5,008,000
Diluted 5,008,000
Pro Forma Adjustments LPR Disposition [Member]  
Revenue:  
Product sales [1] $ 774
Royalties  
Total revenue $ 774
Cost of revenue:  
Product sales [1] 121
Total cost of revenue 121
Gross profit 653
Operating expenses:  
Selling, marketing and product support [2] 466
General and administrative [2] 410
Research and development [2] 164
Amortization of intangible assets [2] 259
LPR business unit sale costs [3] 751
Total operating expenses 2,050
Loss from operations $ (1,397)
Other, net  
Loss before income taxes $ (1,397)
Income tax expense (benefit)  
Net loss $ (1,397)
Net loss per share:  
Basic $ (0.28)
Diluted $ (0.28)
Weighted average number of common shares outstanding:  
Basic 5,008,000
Diluted 5,008,000
Image Sensing Systems Pro Forma Consolidated [Member]  
Revenue:  
Product sales $ 1,798
Royalties 2,609
Total revenue 4,407
Cost of revenue:  
Product sales 856
Total cost of revenue 856
Gross profit 3,551
Operating expenses:  
Selling, marketing and product support 856
General and administrative 980
Research and development 959
Amortization of intangible assets $ 123
LPR business unit sale costs  
Total operating expenses $ 2,918
Loss from operations 633
Other, net 30
Loss before income taxes 663
Income tax expense (benefit) 8
Net loss $ 655
Net loss per share:  
Basic $ 0.13
Diluted $ 0.13
Weighted average number of common shares outstanding:  
Basic 5,008,000
Diluted 5,008,000
[1] Represents the decrease of LPR revenue and cost of sales as if the divestiture occurred on April 1, 2015.
[2] Represents the pro forma decrease of operating cost as if the LPR divestiture occurred on April 1, 2015.
[3] Represents the LPR business unit sale costs.