v3.23.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Sales $ 15,830 $ 19,286 $ 32,274 $ 36,808
Cost of goods sold 9,551 11,793 19,677 22,159
Gross profit 6,279 7,493 12,597 14,649
Operating expenses:        
Research and development 2,590 2,962 5,039 6,204
Sales and marketing 2,305 2,889 5,171 5,744
General and administrative 3,596 3,255 7,389 6,740
Total operating expenses 8,491 9,106 17,599 18,688
Loss from operations (2,212) (1,613) (5,002) (4,039)
Other expense (income):        
Interest income, net (16) (6) (34) (11)
Other expense 11 15 15 30
Total other (income) expense 5 9 (19) 19
Loss before income taxes (2,207) (1,622) (4,983) (4,058)
Income tax expense (benefit) 2 (3) 80 82
Net loss $ (2,205) $ (1,619) $ (5,063) $ (4,140)
Net loss per share:        
Basic $ (0.21) $ (0.16) $ (0.49) $ (0.41)
Diluted $ (0.21) $ (0.16) $ (0.49) $ (0.41)
Weighted average shares used in calculating loss per share:        
Basic 10,413 10,219 10,340 10,188
Diluted 10,413 10,219 10,340 10,188

Source