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CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share amounts) (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]    
Net sales $ 6,015 $ 4,785
Cost of goods sold 2,677 2,001
Gross margin 3,338 2,784
OPERATING EXPENSES:    
Research and development 1,606 1,582
Selling, general and administrative 2,062 1,811
Total operating expenses 3,668 3,393
Operating income (loss) (330) (609)
NON-OPERATING INCOME:    
Interest income 3 8
Foreign currency transaction gain (loss) 26 52
Total non-operating income (loss) 29 60
Income (loss) before income taxes (301) (549)
Income tax (expense) benefit (32) (5)
Net income (loss) $ (333) $ (554)
Basic earnings (loss) per share $ (0.04) $ (0.07)
Diluted earnings (loss) per share $ (0.04) $ (0.07)
Weighted-average basic shares (in thousands) 8,420 8,219
Weighted-average diluted shares (in thousands) 8,420 8,219