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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenue:        
Product sales $ 1,376 $ 1,629 $ 2,220 $ 3,069
Royalties 2,517 1,846 4,683 3,490
Total Revenue 3,893 3,475 6,903 6,559
Cost of revenue:        
Product sales 609 708 964 1,252
Royalties 92 90 184 180
Total Cost of revenue 701 798 1,148 1,432
Gross profit 3,192 2,677 5,755 5,127
Operating expenses:        
Selling, general and administrative 1,765 1,656 3,526 3,092
Research and development 916 728 1,735 1,544
Total Operating expenses 2,681 2,384 5,261 4,636
Operating income from operations 511 293 494 491
Other, net 0 30 0 33
Income from operations before income taxes 511 323 494 524
Income tax expense 0 0 0 4
Net income $ 511 $ 323 $ 494 $ 520
Net income per share:        
Basic (in dollars per share) $ 0.10 $ 0.06 $ 0.10 $ 0.10
Diluted (in dollars per share) $ 0.10 $ 0.06 $ 0.10 $ 0.10
Weighted average number of common shares outstanding:        
Basic (in shares) 5,206 5,117 5,194 5,107
Diluted (in shares) 5,219 5,128 5,194 5,107