Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Information (unaudited) (Tables)

v3.19.3.a.u2
Quarterly Financial Information (unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Results of Operations

The following is a summary of the quarterly results of operations for the years ended December 31, 2019 and 2018 (in thousands except per share data):

 

 

For the three months ended

 

2019

 

December 31

 

 

September 30

 

 

June 30

 

 

March 31

 

Sales

 

$

13,028

 

 

$

13,142

 

 

$

14,462

 

 

$

15,107

 

Gross profit

 

 

5,779

 

 

 

6,075

 

 

 

6,685

 

 

 

6,785

 

Total operating expenses

 

 

5,868

 

 

 

6,280

 

 

 

6,189

 

 

 

6,607

 

Net income (loss)

 

 

63

 

 

 

(135

)

 

 

662

 

 

 

336

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income (loss) per share

 

 

0.01

 

 

 

(0.01

)

 

 

0.07

 

 

 

0.03

 

Diluted net income (loss) per share

 

 

0.01

 

 

 

(0.01

)

 

 

0.07

 

 

 

0.03

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales

 

$

16,562

 

 

$

15,787

 

 

$

14,972

 

 

$

13,305

 

Gross profit

 

 

6,850

 

 

 

6,865

 

 

 

6,602

 

 

 

6,194

 

Total operating expenses

 

 

5,730

 

 

 

6,558

 

 

 

10,251

 

 

 

7,358

 

Net income (loss)

 

 

1,275

 

 

 

437

 

 

 

(3,190

)

 

 

(1,106

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net loss per share

 

 

0.13

 

 

 

0.05

 

 

 

(0.34

)

 

 

(0.12

)

Diluted net loss per share

 

 

0.13

 

 

 

0.04

 

 

 

(0.34

)

 

 

(0.12

)