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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2014
Summary of Significant Accounting Policies  
Schedule Of Inventories

 

 

 

 

June 30,

 

December 31,

 

 

 

2014

 

2013

 

Raw materials

 

$

69,000

 

$

71,000

 

Work-in-process

 

11,000

 

12,000

 

Finished goods

 

260,000

 

224,000

 

 

 

$

340,000

 

$

307,000

 

Schedule Of property and equipment

 

 

 

 

June 30,

 

December 31,

 

 

 

2014

 

2013

 

Property and Equipment:

 

 

 

 

 

Production tooling, machinery and equipment

 

$

3,847,000

 

$

3,826,000

 

Office furniture and fixtures

 

260,000

 

260,000

 

Computer equipment and software

 

916,000

 

896,000

 

Web site

 

65,000

 

65,000

 

Leasehold improvements

 

616,000

 

616,000

 

Construction in-progress

 

82,000

 

34,000

 

 

 

5,786,000

 

5,697,000

 

Accumulated depreciation and amortization

 

(4,182,000

)

(3,944,000

)

Net Property and Equipment

 

$

1,604,000

 

$

1,753,000

 

Schedule Of Weighted Average Common Shares Outstanding

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30

 

June 30

 

 

 

2014

 

2013

 

2014

 

2013

 

Denominator for basic net income per share - weighted average shares

 

12,854,000

 

13,660,000

 

12,854,000

 

13,657,000

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Stock options and restricted stock units

 

239,000

 

27,000

 

238,000

 

29,000

 

Denominator for diluted net income per share - weighted average shares

 

13,093,000

 

13,687,000

 

13,092,000

 

13,686,000