Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Operations (Unaudited)

v3.23.1
Condensed Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Net Sales $ 4,190 $ 3,709
Cost of Sales 3,435 2,804
Gross profit 755 905
Operating Expenses    
Sales and marketing 333 405
Research and development 346 476
General and administrative 1,111 1,131
Total operating expenses 1,790 2,012
Loss from operations (1,035) (1,107)
Other income (expenses)    
Interest expense and finance costs (78) (13)
Other income (expense), net
Total other income (expenses), net (78) (13)
Net loss $ (1,113) $ (1,120)
Net loss per share – basic and diluted $ (0.09) $ (0.10)
Weighted average shares outstanding, basic and diluted 12,949,550 12,788,203