Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.3.1.900
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement [Abstract]      
Net sales (Note 2 and 12)) $ 20,604 $ 22,070 $ 25,032
Cost of sales (Note 2) 8,426 7,891 8,361
Gross profit 12,178 14,179 16,671
Operating expenses:      
Sales and marketing 7,698 8,965 9,538
Administrative 6,986 8,143 5,893
Research and development (Note 2) $ 1,078 1,322 $ 824
Impairment charge (Note 10) 3,577
Total operating expense $ 15,762 22,007 $ 16,255
Income (loss) from operations (3,584) (7,828) 416
Interest income 2 4 2
Interest expense (Note 5) (18) (10) (13)
Income (loss) from operations before taxes $ (3,600) $ (7,834) $ 405
Income tax(benefit) (Note 8)
Net income (loss) $ (3,600) $ (7,834) $ 405
Basic income (loss) per share:      
Net income (loss) $ (0.22) $ (0.47) $ 0.03
Diluted income (loss) per share:      
Net income (loss) $ (0.22) $ (0.47) $ 0.03
Weighted average common shares outstanding:      
Basic 16,398 16,773 15,839
Diluted 16,398 16,773 16,276