|
Condensed Consolidated Statements Of Operations (USD $)
In Thousands, except Share data, unless otherwise specified |
3 Months Ended | 9 Months Ended | 12 Months Ended | ||||
|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
Sep. 30, 2010
|
Sep. 30, 2011
|
Sep. 30, 2010
|
Dec. 31, 2010
|
Dec. 31, 2009
|
Dec. 31, 2008
|
|
| Revenue: | |||||||
| Product | $ 6,306 | $ 6,936 | $ 16,564 | $ 17,826 | $ 23,596 | $ 19,775 | $ 15,730 |
| Contract | 1,957 | 1,320 | 4,589 | 4,669 | 6,862 | 4,047 | 3,009 |
| Total revenue, net | 8,263 | 8,256 | 21,153 | 22,495 | 30,458 | 23,822 | 18,739 |
| Cost of goods sold: | |||||||
| Product | 2,902 | 2,105 | 8,554 | 6,590 | 8,373 | 7,865 | 9,086 |
| Contract | 1,002 | 683 | 2,368 | 2,380 | 3,645 | 2,310 | 1,587 |
| Total Cost of goods sold | 3,904 | 2,788 | 10,922 | 8,970 | 12,018 | 10,175 | 10,673 |
| Gross profit | 4,359 | 5,468 | 10,231 | 13,525 | 18,440 | 13,647 | 8,066 |
| Operating expenses: | |||||||
| Research and development | 765 | 511 | 2,071 | 1,888 | 2,370 | 1,996 | 2,081 |
| Selling, general and administrative | 1,992 | 2,054 | 6,361 | 6,873 | 10,055 | 6,900 | 6,254 |
| Total operating expenses | 2,757 | 2,565 | 8,432 | 8,761 | 12,425 | 8,896 | 8,335 |
| Income (loss) from operations | 1,602 | 2,903 | 1,799 | 4,764 | 6,015 | 4,751 | (269) |
| Other income (expense): | |||||||
| Interest expense | (26) | (21) | (85) | (79) | (115) | (466) | (1,990) |
| Interest income | 3 | 2 | 32 | 10 | |||
| Change in fair value of warrant liability | 3,028 | 723 | 2,548 | (9,620) | (15,987) | (6,533) | |
| Other income, net | 16 | 67 | 400 | ||||
| Total other income (expense), net | 3,005 | 704 | 2,495 | (9,689) | (16,086) | (6,932) | (1,590) |
| Income (loss) before provision for income taxes | 4,607 | 3,607 | 4,294 | (4,925) | (10,071) | (2,181) | (1,859) |
| Provision for income tax (benefit) expense | 488 | 56 | 542 | 75 | (8,931) | 90 | |
| Net loss (income) | $ 4,119 | $ 3,551 | $ 3,752 | $ (5,000) | $ (1,140) | $ (2,271) | $ (1,859) |
| Loss (income) per common share, basic | $ 0.13 | $ 0.13 | $ 0.13 | $ (0.27) | $ (0.06) | $ (0.14) | $ (0.13) |
| Loss (income) per common share, diluted | $ 0.03 | $ 0.08 | $ 0.02 | $ (0.27) | $ (0.06) | $ (0.14) | $ (0.13) |
| Weighted average number of shares outstanding: | |||||||
| Basic | 23,084,229 | 19,883,029 | 22,153,525 | 18,781,185 | 19,239,933 | 16,343,650 | 14,175,220 |
| Diluted | 25,322,920 | 24,244,477 | 25,642,105 | 18,781,185 | 19,239,933 | 16,343,650 | 14,175,220 |