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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Net sales $ 3,849 $ 3,302 $ 7,431 $ 6,730
Cost of sales 2,497 2,022 4,874 4,125
Gross profit 1,352 1,280 2,557 2,605
Operating expenses:        
Selling, general and administrative 1,431 986 2,848 1,952
Research and development 314 279 631 544
Total operating expenses 1,745 1,265 3,479 2,496
Operating (loss) income (393) 15 (922) 109
Non-operating income (expense), net 81 52 282 16
Net (loss) income before income taxes (312) 67 (640) 125
Income taxes 0 0 0 2
Net (loss) income $ (312) $ 67 $ (640) $ 123
Basic (loss) income per common share (in dollars per share) $ (0.02) $ 0 $ (0.03) $ 0.01
Diluted (loss) income per common share (in dollars per share) $ (0.02) $ 0 $ (0.03) $ 0.01
Weighted average common shares outstanding (in shares) 20,578 19,406 20,545 19,406
Weighted average common shares outstanding, assuming dilution (in shares) 20,578 24,285 20,545 24,285