v3.23.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Sales $ 13,696 $ 19,198 $ 45,970 $ 56,006
Cost of goods sold 8,460 11,755 28,137 33,902
Gross profit 5,236 7,443 17,833 22,104
Operating expenses:        
Research and development 2,298 2,901 7,337 9,117
Sales and marketing 1,704 2,808 6,875 8,552
General and administrative 3,144 2,998 10,533 9,738
Total operating expenses 7,146 8,707 24,745 27,407
Loss from operations (1,910) (1,264) (6,912) (5,303)
Other expense (income):        
Interest income, net (34) (26) (68) (37)
Other expense 1 9 16 39
Total other (income) expense (33) (17) (52) 2
Loss before income taxes (1,877) (1,247) (6,860) (5,305)
Income tax expense (benefit) 4 52 84 134
Net loss $ (1,881) $ (1,299) $ (6,944) $ (5,439)
Net loss per share:        
Basic $ (0.18) $ (0.13) $ (0.67) $ (0.53)
Diluted $ (0.18) $ (0.13) $ (0.67) $ (0.53)
Weighted average shares used in calculating loss per share:        
Basic 10,430 10,210 10,370 10,179
Diluted 10,430 10,210 10,370 10,179

Source