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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2014
Summary of Significant Accounting Policies  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

 

 

 

 

Fair Value Measurements Using

 

 

 

Total
Carrying
Value

 

Quoted Prices
in Active
Markets
(Level 1)

 

Significant
Other
Observable
Inputs
(Level 2)

 

Significant
Unobservable
Inputs
(Level 3)

 

Available-for-sale securities

 

$

9,698,000 

 

$

 

$

9,698,000 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule Of Allowance For Doubtful Accounts

 

December 31

 

2014

 

2013

 

Beginning balance

 

$

17,000

 

$

22,000

 

Bad debt provision

 

72,000

 

101,000

 

Accounts written-off

 

 

(106,000

)

Ending balance

 

$

89,000

 

$

17,000

 

 

Schedule Of Inventories

 

December 31

 

2014

 

2013

 

Raw materials

 

$

110,000 

 

$

71,000 

 

Work-in-process

 

8,000 

 

12,000 

 

Finished goods

 

405,000 

 

224,000 

 

 

 

$

523,000 

 

$

307,000 

 

 

Schedule Of Estimated Useful Lives

 

 

Production tooling, machinery and equipment

 

1 - 6 years

Office furniture and fixtures

 

3 years

Computer equipment and software

 

3 years

Web development

 

3 years

 

Schedule Of Weighted Average Common Shares Outstanding

 

Year ended December 31

 

2014

 

2013

 

Denominator for basic net income per share - weighted average shares

 

12,635,000 

 

13,324,000 

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

Stock options and restricted stock units

 

238,000 

 

98,000 

 

Denominator for diluted net income per share - weighted average shares

 

12,873,000 

 

13,422,000