v3.22.2.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Sales $ 19,198 $ 15,455 $ 56,006 $ 50,129
Cost of goods sold 11,755 9,909 33,902 30,387
Gross profit 7,443 5,546 22,104 19,742
Operating expenses:        
Research and development 2,901 2,698 9,117 8,130
Sales and marketing 2,808 2,484 8,552 7,412
General and administrative 2,998 3,307 9,738 10,201
Change in fair value of contingent consideration 0 103 0 1,660
Total operating expenses 8,707 8,592 27,407 27,403
Loss from operations (1,264) (3,046) (5,303) (7,661)
Other expense (income):        
Interest income, net (26) (6) (37) (21)
Other expense 9 1 39 15
Total other expense 17 7 2 6
Loss before income taxes (1,247) (3,039) (5,305) (7,655)
Income tax (benefit) expense (52) (30) 134 (2,214)
Net loss $ (1,299) $ (3,069) $ (5,439) $ (5,441)
Net loss per share:        
Basic $ (0.13) $ (0.30) $ (0.53) $ (0.54)
Diluted $ (0.13) $ (0.30) $ (0.53) $ (0.54)
Weighted average shares used in calculating income (loss) per share:        
Basic 10,210 10,082 10,179 9,993
Diluted 10,210 10,082 10,179 9,993

Source