v3.22.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Sales $ 19,286 $ 17,297 $ 36,808 $ 34,674
Cost of goods sold 11,793 9,998 22,159 20,478
Gross profit 7,493 7,299 14,649 14,196
Operating expenses:        
Research and development 2,962 2,726 6,204 5,432
Sales and marketing 2,889 2,489 5,744 4,928
General and administrative 3,255 3,261 6,740 6,894
Change in fair value of contingent consideration 0 1,557 0 1,557
Total operating expenses 9,106 10,033 18,688 18,811
Loss from operations (1,613) (2,734) (4,039) (4,615)
Other expense (income):        
Interest income, net (6) (7) (11) (15)
Other expense 15 9 30 16
Total other expense 9 2 19 1
Loss before income taxes (1,622) (2,736) (4,058) (4,616)
Income tax (benefit) expense (3) (127) 82 (2,244)
Net loss $ (1,619) $ (2,609) $ (4,140) $ (2,372)
Net loss per share:        
Basic $ (0.16) $ (0.26) $ (0.41) $ (0.24)
Diluted $ (0.16) $ (0.26) $ (0.41) $ (0.24)
Weighted average shares used in calculating income (loss) per share:        
Basic 10,219 10,026 10,188 9,948
Diluted 10,219 10,026 10,188 9,948

Source