Quarterly Financial Information [Text Block] |
NOTE 13 – QUARTERLY INFORMATION (UNAUDITED)
The following table presents unaudited quarterly financial information for Fiscal 2011 and Fiscal 2010 (in thousands, except per share amounts):
|
|
Quarter Ended |
|
|
|
March 31, |
|
|
June 30, |
|
|
September 30, |
|
|
December 31, |
|
Fiscal 2011 |
|
|
|
|
|
|
|
|
|
|
|
|
Net sales |
|
$ |
3,166 |
|
|
$ |
1,744 |
|
|
$ |
5,083 |
|
|
$ |
7,460 |
|
Gross profit |
|
$ |
1,994 |
|
|
$ |
896 |
|
|
$ |
3,596 |
|
|
$ |
4,796 |
|
Income (loss) from continuing operations |
|
$ |
(1,013 |
) |
|
$ |
(976 |
) |
|
$ |
1,110 |
|
|
$ |
(1,831 |
) |
Net income (loss) |
|
$ |
(1,013 |
) |
|
$ |
(976 |
) |
|
$ |
1,110 |
|
|
$ |
(1,831 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic and diluted earnings (loss) per share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income (loss) from continuing operations |
|
$ |
(0.07 |
) |
|
$ |
(0.07 |
) |
|
$ |
0.07 |
|
|
$ |
(0.12 |
) |
Net income (loss) |
|
$ |
(0.07 |
) |
|
$ |
(0.07 |
) |
|
$ |
0.07 |
|
|
$ |
(0.12 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fiscal 2010 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net sales |
|
$ |
1,976 |
|
|
$ |
1,131 |
|
|
$ |
5,204 |
|
|
$ |
6,191 |
|
Gross profit |
|
$ |
1,170 |
|
|
$ |
471 |
|
|
$ |
3,610 |
|
|
$ |
3,579 |
|
Income (loss) from continuing operations |
|
$ |
(1,062 |
) |
|
$ |
(2,254 |
) |
|
$ |
947 |
|
|
$ |
(1,132 |
) |
Net income (loss) |
|
$ |
(1,062 |
) |
|
$ |
(2,254 |
) |
|
$ |
947 |
|
|
$ |
(1,132 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic and diluted earnings (loss) per share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income (loss) from continuing operations |
|
$ |
(0.08 |
) |
|
$ |
(0.15 |
) |
|
$ |
0.06 |
|
|
$ |
(0.08 |
) |
Net income (loss) |
|
$ |
(0.08 |
) |
|
$ |
(0.15 |
) |
|
$ |
0.06 |
|
|
$ |
(0.08 |
) |
|