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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2016
Summary of Significant Accounting Policies  
Schedule Of Inventories

 

 

March 31,

 

December 31,

 

 

 

2016

 

2015

 

Raw materials

 

$

48,000 

 

$

69,000 

 

Work-in-process

 

15,000 

 

4,000 

 

Finished goods

 

425,000 

 

318,000 

 

 

 

 

 

 

 

 

 

$

488,000 

 

$

391,000 

 

 

 

 

 

 

 

 

 

 

Schedule of Property and Equipment

 

 

March 31,

 

December 31,

 

 

 

2016

 

2015

 

Property and Equipment:

 

 

 

 

 

Production tooling, machinery and equipment

 

$

3,725,000

 

$

3,722,000

 

Office furniture and fixtures

 

322,000

 

145,000

 

Computer equipment and software

 

1,276,000

 

1,233,000

 

Web site

 

40,000

 

40,000

 

Leasehold improvements

 

570,000

 

 

Construction in-progress

 

30,000

 

616,000

 

 

 

 

 

 

 

 

 

5,963,000

 

5,756,000

 

Accumulated depreciation and amortization

 

(4,254,000

)

(4,172,000

)

 

 

 

 

 

 

Net Property and Equipment

 

$

1,709,000

 

$

1,584,000

 

 

 

 

 

 

 

 

 

 

Schedule Of Weighted Average Common Shares Outstanding

Three months ended March 31

 

2016

 

2015

 

Denominator for basic net income per share - weighted average shares

 

11,624,000 

 

12,210,000 

 

Effect of dilutive securities:

 

 

 

 

 

Stock options and restricted stock units

 

 

210,000 

 

 

 

 

 

 

 

Denominator for diluted net income per share - weighted average shares

 

11,624,000 

 

12,420,000