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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Net sales $ 5,704 $ 8,659 $ 15,729 $ 23,065
Cost of goods sold 4,931 5,173 12,040 14,347
Gross profit 773 3,486 3,689 8,718
Operating expenses:        
Selling 776 807 2,392 2,500
General and administrative 1,003 1,161 3,085 3,631
Research and development 869 865 2,598 2,634
Total Operating expenses 2,648 2,833 8,075 8,765
Earnings (loss) from operations (1,875) 653 (4,386) (47)
Other Expense: Interest expense (net) (83) (69) (249) (183)
Earnings (loss) before income taxes (1,958) 584 (4,635) (230)
Provision (benefit) for income taxes 0 0 0 0
Net earnings (loss) $ (1,958) $ 584 $ (4,635) $ (230)
Basic and diluted net earnings (loss) per share (in dollars per share) $ (0.30) $ 0.09 $ (0.72) $ (0.04)
Basic weighted averages shares outstanding (in shares) 6,555 6,226 6,407 6,220
Diluted weighted average shares outstanding (in shares) 6,555 6,320 6,407 6,220