Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Operations (Unaudited)

v3.22.2.2
Condensed Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Net Sales $ 4,274 $ 4,847 $ 7,983 $ 8,137
Cost of Sales 3,213 3,880 6,017 7,228
Gross profit 1,061 967 1,966 909
Operating Expenses        
Sales and marketing 400 379 805 747
Research and development 350 463 826 952
General and administrative 1,036 990 2,167 1,973
Total operating expenses 1,786 1,832 3,798 3,672
Loss from operations (725) (865) (1,832) (2,763)
Other income (expenses)        
Interest expense and finance costs (14) (15) (27) (31)
Other income (expense), net 14 25
Total other income (expenses), net (14) (1) (27) (6)
Net loss $ (739) $ (866) $ (1,859) $ (2,769)
Net loss per share – basic and diluted $ (0.06) $ (0.07) $ (0.15) $ (0.22)
Weighted average shares outstanding, basic and diluted 12,788,203 12,788,203 12,788,203 12,651,672