XML 25 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Net sales $ 8,659 $ 6,823 $ 23,065 $ 20,688
Cost of goods sold 5,173 4,550 14,347 13,475
Gross profit 3,486 2,273 8,718 7,213
Operating expenses:        
Selling 807 874 2,500 2,585
General and administrative 1,161 1,243 3,631 3,777
Research and development 865 780 2,634 2,471
Total Operating expenses 2,833 2,897 8,765 8,833
Earnings (loss) from operations 653 (624) (47) (1,620)
Other Expense: Interest expense (net) (69) (64) (183) (210)
Earnings (loss) before income taxes 584 (688) (230) (1,830)
Provision (benefit) for income taxes 0 0 0 0
Net earnings (loss) $ 584 $ (688) $ (230) $ (1,830)
Basic and diluted net earnings (loss) per share $ 0.09 $ (0.11) $ (0.04) $ (0.29)
Basic weighted averages shares outstanding 6,226 6,216 6,220 6,216
Diluted weighted average shares outstanding 6,320 6,216 6,220 6,216