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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2015
Summary of Significant Accounting Policies  
Schedule Of Inventories

 

 

March 31,

 

December 31,

 

 

 

2015

 

2014

 

Raw materials

 

$

102,000 

 

$

110,000 

 

Work-in-process

 

30,000 

 

8,000 

 

Finished goods

 

377,000 

 

405,000 

 

 

 

$

509,000 

 

$

523,000 

 

 

Schedule Of Property And Equipment

 

 

March 31,

 

December 31,

 

 

 

2015

 

2014

 

Property and Equipment:

 

 

 

 

 

Production tooling, machinery and equipment

 

$

3,942,000

 

$

3,976,000

 

Office furniture and fixtures

 

260,000

 

260,000

 

Computer equipment and software

 

1,087,000

 

1,065,000

 

Web site

 

40,000

 

40,000

 

Leasehold improvements

 

616,000

 

616,000

 

Construction in-progress

 

89,000

 

35,000

 

 

 

6,034,000

 

5,992,000

 

Accumulated depreciation and amortization

 

(4,655,000

)

(4,525,000

)

Net Property and Equipment

 

$

1,379,000

 

$

1,467,000

 

 

Schedule Of Weighted Average Common Shares Outstanding

Three months ended March 31

 

2015

 

2014

 

Denominator for basic net income per share - weighted average shares

 

12,210,000 

 

12,853,000 

 

Effect of dilutive securities: Stock options and restricted stock units

 

210,000 

 

238,000 

 

Denominator for diluted net income per share - weighted average shares

 

12,420,000 

 

13,091,000