|
Consolidated Statement of Operation Statement (USD $)
In Thousands, except Share data, unless otherwise specified
|
3 Months Ended |
6 Months Ended |
|
Jun. 30, 2013
|
Jun. 30, 2012
|
Jun. 30, 2013
|
Jun. 30, 2012
|
| Net sales and revenues |
|
|
|
|
| Sales of goods |
$ 1,467 |
$ 4,449 |
$ 2,437 |
$ 9,938 |
| Contract research and service revenues |
2,107 |
2,171 |
4,375 |
4,157 |
| Total net sales and revenues |
3,574 |
6,620 |
6,812 |
14,095 |
| Cost of sales and revenues |
|
|
|
|
| Cost of goods sold |
1,902 |
4,134 |
3,693 |
8,422 |
| Cost of contract research and services |
1,159 |
1,240 |
2,381 |
2,474 |
| Total cost of sales and revenues |
3,061 |
5,374 |
6,074 |
10,896 |
| Gross margin |
513 |
1,246 |
738 |
3,199 |
| Operating expenses |
|
|
|
|
| Selling, general and administrative expenses |
2,271 |
2,940 |
5,085 |
6,404 |
| Internal research and development expenses |
10 |
93 |
23 |
191 |
| Total operating expenses |
2,281 |
3,033 |
5,108 |
6,595 |
| Operating loss from continuing operations |
(1,768) |
(1,787) |
(4,370) |
(3,396) |
| Interest expense, net |
(13) |
(36) |
(29) |
(67) |
| Foreign exchange gain (loss) |
(1) |
1 |
(9) |
3 |
| Total other expense, net |
(14) |
(35) |
(38) |
(64) |
| Loss from continuing operations before income tax benefit (provision) |
(1,782) |
(1,822) |
(4,408) |
(3,460) |
| Income tax benefit (provision) - continuing operations |
0 |
0 |
(2) |
1,992 |
| Loss from continuing operations |
(1,782) |
(1,822) |
(4,410) |
(1,468) |
| Loss from discontinued operations before sale of business unit |
0 |
0 |
0 |
(430) |
| Gain on sale of business unit, net of transaction expenses |
0 |
0 |
0 |
5,449 |
| Income tax provision - discontinued operations |
0 |
0 |
0 |
2,008 |
| Income from discontinued operations, net of tax |
0 |
0 |
0 |
3,011 |
| Net income (loss) |
$ (1,782) |
$ (1,822) |
$ (4,410) |
$ 1,543 |
| Basic income (loss) per share: |
|
|
|
|
| From continuing operations, net of tax |
$ (0.19) |
$ (0.21) |
$ (0.48) |
$ (0.17) |
| From discontinued operations, net of tax |
$ 0.00 |
$ 0.00 |
$ 0.00 |
$ 0.35 |
| Basic income (loss) per share |
$ (0.19) |
$ (0.21) |
$ (0.48) |
$ 0.18 |
| Diluted income (loss) per share: |
|
|
|
|
| From continuing operations, net of tax |
$ (0.19) |
$ (0.21) |
$ (0.48) |
$ (0.17) |
| From discontinued operations, net of tax |
$ 0.00 |
$ 0.00 |
$ 0.00 |
$ 0.35 |
| Diluted income (loss) per share |
$ (0.19) |
$ (0.21) |
$ (0.48) |
$ 0.18 |
| Weighted average number of common and common equivalent shares outstanding – basic |
9,207,874 |
8,562,633 |
9,144,482 |
8,562,633 |
| Weighted average number of common and common equivalent shares outstanding – diluted |
9,207,874 |
8,562,633 |
9,144,482 |
8,562,633 |