Income Statement
Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2018 |
Jun. 30, 2017 |
Jun. 30, 2018 |
Jun. 30, 2017 |
|
Revenue | $ 36,444 | $ 43,375 | $ 70,183 | $ 73,945 |
Cost of sales | 24,669 | 29,127 | 46,909 | 49,623 |
Gross profit | 11,775 | 14,248 | 23,274 | 24,322 |
Operating expenses: | ||||
Selling, general and administrative | 9,585 | 10,368 | 19,681 | 20,458 |
Research and development | 934 | 694 | 1,752 | 1,116 |
Amortization and depreciation | 1,047 | 1,793 | 2,048 | 3,732 |
Acquisition, severance and transition costs | 790 | 883 | 959 | 1,541 |
Stock-based compensation | 522 | 478 | 1,195 | 1,596 |
Total operating expenses | 12,878 | 14,216 | 25,635 | 28,443 |
Operating income (loss) | (1,103) | 32 | (2,361) | (4,121) |
Interest expense and other charges | (1,095) | (759) | (2,027) | (1,561) |
Net loss | $ (2,198) | $ (727) | $ (4,388) | $ (5,682) |
Net loss per share, basic and diluted | $ (0.10) | $ (0.03) | $ (0.20) | $ (0.27) |
Weighted average shares outstanding, basic and diluted | 22,232 | 20,761 | 22,027 | 20,680 |