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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
NET SALES $ 3,960 $ 4,064 $ 13,670 $ 11,595
COST OF GOODS SOLD: 2,196 2,347 6,732 6,891
Gross profit 1,764 1,717 6,938 4,704
OPERATING EXPENSES:        
Selling, general and administrative 3,103 5,063 12,270 14,855
Research and development 561 641 1,704 2,171
Impairment of long-lived assets 7,024 0 7,024 0
Operating Expenses 10,688 5,704 20,998 17,026
OPERATING LOSS FROM CONTINUING OPERATIONS (8,924) (3,987) (14,060) (12,322)
OTHER INCOME (EXPENSE):        
Interest expense, net (174) (162) (550) (490)
Warrant revaluation 385 (50) (30) 200
Other, net (6) (1) (19) (1)
Other Income (Expense) 205 (213) (599) (291)
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (8,719) (4,200) (14,659) (12,613)
INCOME TAX BENEFIT (486) (1,456) (466) (1,204)
LOSS FROM CONTINUING OPERATIONS (8,233) (2,744) (14,193) (11,409)
INCOME FROM DISCONTINUED OPERATIONS, NET OF TAXES 934 2,664 578 3,260
NET LOSS (7,299) (80) (13,615) (8,149)
PREFERRED STOCK DIVIDENDS (331) (304) (993) (839)
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS $ (7,630) $ (384) $ (14,608) $ (8,988)
BASIC AND DILUTED LOSS PER COMMON SHARE (IN DOLLARS PER SHARE) $ (0.55) $ (0.05) $ (1.24) $ (1.22)
BASIC AND DILUTED WEIGHTED-AVERAGE SHARES OF COMMON STOCK OUTSTANDING (IN SHARES) 13,763,240 7,353,695 11,784,583 7,353,695
Continuing operations        
OTHER INCOME (EXPENSE):        
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS $ (8,564) $ (3,048) $ (15,186) $ (12,248)
BASIC AND DILUTED LOSS PER COMMON SHARE (IN DOLLARS PER SHARE) $ (0.62) $ (0.41) $ (1.29) $ (1.67)
Discontinued operations        
OTHER INCOME (EXPENSE):        
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS $ 934 $ 2,664 $ 578 $ 3,260
BASIC AND DILUTED LOSS PER COMMON SHARE (IN DOLLARS PER SHARE) $ 0.07 $ 0.36 $ 0.05 $ 0.44