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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue:        
Product sales $ 2,321 $ 1,798 $ 3,935 $ 3,014
Royalties 2,356 2,609 3,980 4,620
Total Revenue: 4,677 4,407 7,915 7,634
Cost of revenue:        
Product sales 964 856 1,882 1,443
Total Cost of revenue: 964 856 1,882 1,443
Gross profit 3,713 3,551 6,033 6,191
Operating expenses:        
Selling, general and administrative 1,916 1,836 3,605 3,580
Research and development 603 959 1,397 1,865
Amortization of intangible assets 0 123 0 245
Restructuring 0 0 126 119
Total Operating expenses: 2,519 2,918 5,128 5,809
Operating income from continuing operations 1,194 633 905 382
Other, net 1 30 0 29
Income from continuing operations before income taxes 1,195 663 905 411
Income tax expense 2 8 4 24
Net income from continuing operations 1,193 655 901 387
Net loss from discontinued operations, net of tax 0 (1,397) 0 (2,296)
Net income (loss) $ 1,193 $ (742) $ 901 $ (1,909)
Basic        
Continuing operations $ 0.24 $ 0.13 $ 0.18 $ 0.08
Discontinued operations 0 (0.28) 0 (0.46)
Net basic income (loss) per share 0.24 (0.15) 0.18 (0.38)
Diluted        
Continuing operations 0.24 0.13 0.18 0.08
Discontinued operations 0 (0.28) 0 (0.46)
Net diluted income (loss) per share $ 0.24 $ (0.15) $ 0.18 $ (0.38)
Weighted average number of common shares outstanding:        
Basic 5,041 5,008 5,035 5,003
Diluted 5,041 5,008 5,035 5,003