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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues    
Product revenues $ 7,726,000 $ 6,325,000
Service revenues 3,521,000 3,253,000
Royalties   899,000
Total revenues 11,247,000 10,477,000
Cost of product revenues 4,313,000 4,027,000
Cost of service revenues 2,243,000 2,323,000
Total cost of revenues 6,556,000 6,350,000
Gross profit 4,691,000 4,127,000
Operating expenses    
Sales and marketing 379,000 272,000
Research and development 1,346,000 2,133,000
General and administrative 4,421,000 3,460,000
Total operating expenses 6,146,000 5,865,000
Loss from operations (1,455,000) (1,738,000)
Interest expense, net (28,000) (26,000)
Other income, net 42,000 125,000
Total non-operating income 14,000 99,000
Loss before income taxes (1,441,000) (1,639,000)
Provision for income taxes 0 4,000
Net loss $ (1,441,000) $ (1,643,000)
Basic net loss per common share $ (0.13) $ (0.15)
Diluted net loss per common share $ (0.13) $ (0.15)
Basic weighted average common shares outstanding 10,803 10,789
Diluted weighted average common shares outstanding 10,803 10,789