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Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Net product revenue $ 1,224,000 $ 1,490,000 $ 2,187,000 $ 3,576,000
Cost of products sold 562,000 644,000 1,029,000 1,577,000
Gross profit 662,000 846,000 1,158,000 1,999,000
Selling, general and administrative expenses 583,000 583,000 1,153,000 1,173,000
Operating income 79,000 263,000 5,000 826,000
Interest income, net 77,000 48,000 155,000 67,000
Other income, net 257,000 260,000 813,000 481,000
Income before income taxes 413,000 571,000 973,000 1,374,000
Income tax provision (7,000) (40,000) (15,000) (81,000)
Net income 406,000 531,000 958,000 1,293,000
Other comprehensive income:        
Foreign currency translation adjustment (36,000) (1,000) (28,000) (2,000)
Comprehensive income $ 370,000 $ 530,000 $ 930,000 $ 1,291,000
Net income per share: Basic (in Dollars per share) $ 0.07 $ 0.09 $ 0.16 $ 0.22
Diluted (in Dollars per share) $ 0.07 $ 0.09 $ 0.16 $ 0.21
Weighted average shares outstanding: Basic (in Shares) 6,021,180 5,996,180 6,021,180 5,996,180
Diluted (in Shares) 6,022,180 6,033,180 6,017,180 6,033,180
Cash dividends declared per common share (in Dollars per share) $ 0.05 $ 0.05 $ 0.1 $ 0.1