Annual report pursuant to Section 13 and 15(d)

Statements of Operations

v3.23.1
Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]    
Net sales $ 16,056 $ 16,896
Cost of Sales 13,931 13,451
Gross profit 2,125 3,445
Operating Expenses    
Sales and marketing 1,471 1,488
Research and development 1,460 1,986
General and administrative 4,727 3,069
Total operating expenses 7,658 6,543
Loss from operations (5,533) (3,098)
Other income (expenses)    
Interest expense and finance costs (58) (60)
Gain on forgiveness of PPP loan payable 1,715
Other income (expenses), net 7 29
Total other income (expenses), net (51) 1,684
Net Loss $ (5,584) $ (1,414)
Net loss per share, basic and diluted $ (0.43) $ (0.11)
Weighted average shares outstanding, basic and diluted 12,878,350 12,720,499