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Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net product revenue $ 1,187,000 $ 1,563,000 $ 3,374,000 $ 5,139,000
Cost of products sold 635,000 645,000 1,664,000 2,222,000
Gross profit 552,000 918,000 1,710,000 2,917,000
Selling, general and administrative expenses 530,000 530,000 1,683,000 1,703,000
Operating income 22,000 388,000 27,000 1,214,000
Interest income, net 68,000 72,000 223,000 139,000
Other income, net 163,000 13,000 976,000 494,000
Income before income taxes 253,000 473,000 1,226,000 1,847,000
Income tax provision (8,000) (62,000) (23,000) (143,000)
Net income 245,000 411,000 1,203,000 1,704,000
Other comprehensive income:        
Foreign currency translation adjustment 36,000 5,000 8,000 3,000
Comprehensive income $ 281,000 $ 416,000 $ 1,211,000 $ 1,707,000
Net income per share: Basic (in Dollars per share) $ 0.04 $ 0.07 $ 0.2 $ 0.28
Diluted (in Dollars per share) $ 0.04 $ 0.07 $ 0.2 $ 0.28
Weighted average shares outstanding: Basic (in Shares) 6,021,180 6,007,847 6,021,180 6,000,069
Diluted (in Shares) 5,999,180 6,035,847 6,011,180 6,025,069
Cash dividends declared per common share (in Dollars per share) $ 0.05 $ 0.05 $ 0.15 $ 0.15