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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)        
Net sales $ 7,212 $ 6,730 $ 16,946 $ 19,478
Cost of goods sold 3,101 2,642 7,774 8,215
Gross margin 4,111 4,088 9,172 11,263
Operating expenses:        
Research and development 1,432 1,730 4,605 5,009
Selling, general and administrative 1,967 2,216 5,943 6,332
Total operating expenses 3,399 3,946 10,548 11,341
Operating income (loss) 712 142 (1,376) (78)
Non-operating income (loss):        
Interest income 9 8 11 11
Gain on sale of assets 0 0 57 0
Foreign currency transaction gain (loss) 307 (26) 378 (64)
Total non-operating income (loss) 316 (18) 446 (53)
Income (loss) before income taxes 1,028 124 (930) (131)
Income tax (expense) benefit 181 112 700 219
Net income (loss) $ 847 $ 12 $ (1,630) $ (350)
Basic earnings (loss) per share $ 0.10 $ 0.00 $ (0.19) $ (0.04)
Diluted earnings (loss) per share $ 0.10 $ 0.00 $ (0.19) $ (0.04)
Weighted-average basic shares 8,816 8,621 8,715 8,519
Weighted-average diluted shares 8,859 8,760 8,715 8,519