Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.7.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue:        
Products $ 6,375,000 $ 4,918,000 $ 10,709,000 $ 11,200,000
Services 4,331,000 3,986,000 7,996,000 8,181,000
Revenue, Net, Total 10,706,000 8,904,000 18,705,000 19,381,000
Cost of revenue:        
Cost of products 3,427,000 3,142,000 6,242,000 7,328,000
Cost of services 1,738,000 1,037,000 2,772,000 2,130,000
Cost of Goods and Services Sold, Total 5,165,000 4,179,000 9,014,000 9,458,000
Gross profit 5,541,000 4,725,000 9,691,000 9,923,000
Operating expenses:        
Selling, general and administrative expenses 5,189,000 5,019,000 9,971,000 9,805,000
Research and development expenses 854,000 1,192,000 2,092,000 2,322,000
Operating Expenses, Total 6,043,000 6,211,000 12,063,000 12,127,000
Loss from operations (502,000) (1,486,000) (2,372,000) (2,204,000)
Interest income 54,000 76,000 110,000 153,000
Interest expense (75,000) (87,000) (148,000) (144,000)
Other income, net (1,000)
Net loss $ (524,000) $ (1,497,000) $ (2,410,000) $ (2,195,000)
Net loss per share - basic and diluted $ (0.04) $ (0.12) $ (0.18) $ (0.17)
Weighted average common shares outstanding - basic and diluted 13,450,000 12,939,000 13,356,000 12,917,000