Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.7.0.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue $ 43,375 $ 43,122 $ 73,945 $ 70,711
Cost of sales 29,127 29,774 49,623 48,313
Gross profit 14,248 13,348 24,322 22,398
Operating expenses:        
Selling, general and administrative 10,368 9,283 20,458 16,874
Research and development 694 588 1,116 1,219
Amortization and depreciation 1,793 1,565 3,732 2,875
Acquisition, severance and transition costs 883 1,860 1,541 3,001
Stock-based compensation 478 593 1,596 1,023
Total operating expenses 14,216 13,889 28,443 24,992
Operating income (loss) 32 (541) (4,121) (2,594)
Interest expense and other charges (759) (586) (1,561) (1,149)
Net loss $ (727) $ (1,127) $ (5,682) $ (3,743)
Loss per share, basic and diluted $ (0.03) $ (0.06) $ (0.27) $ (0.21)
Weighted average shares outstanding, basic and diluted 20,761 18,850 20,680 17,699