Business Description, Basis of Presentation and Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2020

Business Description, Basis of Presentation and Significant Accounting Policies

Schedule of allowance for doubtful accounts activity

	Year Ended December 31,
	2020			2019
Balance at beginning of the year	$	424		$	631
Allowance increase		120			92
Write offs, net of recoveries		(38	)		(299	)
Balance at end of the year	$	506		$	424

Schedule of deferred revenue and associated cost of goods sold and gross profit

	As of December 31,
	2020		2019
Deferred revenue	$	123	$	173
Deferred cost of goods sold		—		—
Deferred gross profit	$	123	$	173

Schedule of disaggregates the Company’s revenue into primary product groups and major regions

	Year Ended December 31
	2020		2019
Audio Conferencing	$	10,926	$	11,609
Microphones		9,149		8,818
Video products		8,994		4,615
	$	29,069	$	25,042

The following table disaggregates the Company’s revenue into major regions:

	Year Ended December 31,
	2020		2019
North and South America	$	18,320	$	14,040
Asia (including Middle East) and Australia		5,998		7,773
Europe and Africa		4,751		3,229
	$	29,069	$	25,042

Warranty Costs – The Company accrues for warranty costs based on estimated warranty return rates and estimated costs to repair. These reserve costs are classified as accrued liabilities on the consolidated balance sheets. Factors that affect the Company’s warranty liability include the number of units sold, historical and anticipated rates of warranty returns, and repair cost. The Company reviews the adequacy of its recorded warranty accrual on a quarterly basis.

The details of changes in the Company’s warranty accrual are as follows:

	Year Ended December 31,
	2020			2019
Balance at the beginning of year	$	194		$	194
Accruals/additions		119			121
Usage/claims		(119	)		(121	)
Balance at end of year	$	194		$	194

	Year Ended December 31,
	2020		2019
North and South America	$	18,320	$	14,040
Asia (including Middle East) and Australia		5,998		7,773
Europe and Africa		4,751		3,229
	$	29,069	$	25,042

Schedule of changes in the warranty accrual

	Year Ended December 31,
	2020			2019
Balance at the beginning of year	$	194		$	194
Accruals/additions		119			121
Usage/claims		(119	)		(121	)
Balance at end of year	$	194		$	194

Schedule of the computation of basic and diluted loss per common share

	Year Ended December 31,
	2020		2019
Numerator:
Net income (loss)	$	505	$	(8,408	)
Denominator:
Basic weighted average shares		17,271,629		16,638,580
Dilutive common stock equivalents using treasury stock method		53,722		—
Diluted weighted average shares		17,325,351		16,638,580

Basic income (loss) per common share:	$	0.03	$	(0.51	)
Diluted income (loss) per common share:	$	0.03	$	(0.51	)

Weighted average options, warrants and convertible portion of senior convertible notes outstanding		2,611,574		566,200
Anti-dilutive options, warrants and convertible portion of senior convertible notes not included in the computation		3,323,272		566,200