Annual report pursuant to Section 13 and 15(d)

Statements of Operations

v3.24.1
Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]    
Net sales $ 15,293 $ 16,056
Cost of Sales (includes inventory write-downs of $450 and $nil, respectively) 14,598 13,931
Gross profit 695 2,125
Operating Expenses    
Sales and marketing 1,172 1,471
Research and development 1,222 1,460
General and administrative 4,291 4,727
Total operating expenses 6,685 7,658
Loss from operations (5,990) (5,533)
Other income (expenses)    
Interest expense and finance costs (559) (58)
Other income (expenses), net 1 7
Total other income (expenses), net (558) (51)
Net Loss $ (6,548) $ (5,584)
Net loss per share, basic $ (0.49) $ (0.43)
Net loss per share, diluted $ (0.49) $ (0.43)
Weighted average shares outstanding, basic 13,291,575 12,878,350
Weighted average shares outstanding, diluted 13,291,575 12,878,350