Annual report [Section 13 and 15(d), not S-K Item 405]

Statements of Operations

v3.25.1
Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]    
Net sales $ 13,970 $ 15,293
Cost of Sales (includes inventory write-downs of $900 and $450, respectively) 12,656 14,598
Gross profit 1,314 695
Operating Expenses    
Sales and marketing 1,010 1,172
Research and development 771 1,222
General and administrative 3,908 4,291
Total operating expenses 5,689 6,685
Loss from operations (4,375) (5,990)
Other income (expenses)    
Interest expense and finance costs (649) (559)
Interest Income 221
Other income (expenses), net 126 1
Total other income (expenses), net (302) (558)
Net Loss $ (4,677) $ (6,548)
Net loss per share, basic $ (1.86) $ (3.45)
Net loss per share, diluted $ (1.86) $ (3.45)
Weighted average shares outstanding, basic 2,508,853 1,898,800
Weighted average shares outstanding, diluted 2,508,853 1,898,800