Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.19.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenue:    
Total Revenue $ 13,611,000 $ 13,379,000
Cost of revenue:    
Total Cost of revenue 6,593,000 6,917,000
Gross profit 7,018,000 6,462,000
Operating expenses:    
Selling, general and administrative expenses 6,110,000 5,517,000
Research and development expenses 1,660,000 1,743,000
Acquisition-related fees 1,449,000 179,000
Total Operating expenses 9,219,000 7,439,000
Loss from operations (2,201,000) (977,000)
Interest income 65,000 77,000
Interest expense (20,000) (57,000)
Other income (loss), net (38,000) (33,000)
Net loss $ (2,194,000) $ (990,000)
Net loss per share - basic and diluted $ (0.12) $ (0.06)
Weighted average common shares outstanding - basic and diluted 17,621,000 16,981,000
Products [Member]    
Revenue:    
Total Revenue $ 7,249,000 $ 9,898,000
Cost of revenue:    
Total Cost of revenue 4,239,000 5,842,000
Service [Member]    
Revenue:    
Total Revenue 6,362,000 3,481,000
Cost of revenue:    
Total Cost of revenue $ 2,354,000 $ 1,075,000