CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2016 |
Jun. 30, 2015 |
Jun. 30, 2016 |
Jun. 30, 2015 |
|
| Revenue | $ 1,683 | $ 1,334 | $ 2,220 | $ 2,718 |
| Cost of goods sold | 1,253 | 1,248 | 1,743 | 2,457 |
| Gross Profit | 430 | 86 | 477 | 261 |
| Operating expenses | ||||
| Research and development | 65 | 119 | 114 | 246 |
| Selling and marketing | 591 | 532 | 1,227 | 1,389 |
| General and administrative | 675 | 492 | 1,470 | 1,375 |
| Total operating expenses | 1,331 | 1,143 | 2,811 | 3,010 |
| Operating loss | (901) | (1,057) | (2,334) | (2,749) |
| Other expense, net | ||||
| Interest and finance expense | 339 | 99 | 787 | 630 |
| Debt conversion expense | 0 | 0 | 0 | 898 |
| Total other expenses | 339 | 99 | 787 | 1,528 |
| Loss before income taxes | (1,240) | (1,156) | (3,121) | (4,277) |
| Provision for income taxes | 0 | 0 | 0 | 0 |
| Net Loss | $ (1,240) | $ (1,156) | $ (3,121) | $ (4,277) |
| Loss Per Share | ||||
| Basic and Diluted | $ (0.33) | $ (0.38) | $ (0.83) | $ (1.42) |
| Number of Shares used in Computation | ||||
| Basic and Diluted | 3,750 | 3,076 | 3,749 | 3,013 |