| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Revenues | |||||||||
23,492 | 20,342 | 18,843 | 86,461 | - | - | - | - | - | - |
Product revenues | |||||||||
- | - | - | - | - | - | - | 41,031 | 38,877 | 37,502 |
Revenue from freight | |||||||||
- | - | - | - | - | - | - | 53 | 60 | 72 |
Total revenues | |||||||||
- | - | - | - | 86,240 | 76,045 | 60,652 | 41,084 | 38,938 | 37,575 |
Cost of revenues | |||||||||
17,680 | 17,783 | 12,913 | 54,200 | 53,948 | 47,494 | 37,147 | 25,958 | 24,133 | 22,727 |
Gross profit | |||||||||
5,812 | 2,559 | 5,930 | 32,261 | 32,292 | 28,551 | 23,505 | 15,125 | 14,805 | 14,847 |
Operating expenses: | |||||||||
Selling, general and administrative expense | |||||||||
20,063 | 18,629 | 17,506 | 34,239 | 33,023 | 25,924 | 19,446 | 15,491 | 12,577 | 11,991 |
Depreciation and amortization | |||||||||
1,544 | 1,549 | 1,366 | 2,366 | 2,862 | 4,197 | 3,011 | 479 | 770 | - |
Research and development | |||||||||
139 | 155 | 222 | 2,016 | 1,848 | 1,306 | 943 | 791 | 716 | 740 |
Provision for (credit to) for bad debt | |||||||||
131 | 13 | -16 | 93 | 195 | -39 | 211 | 65 | 82 | 64 |
Impairment of goodwill | |||||||||
- | 4,347 | 3,152 | - | - | - | - | - | - | - |
Other operating (income) expenses | |||||||||
20 | - | -5 | - | - | - | - | - | - | - |
Unrealized gain (loss) on derivative | |||||||||
- | - | - | - | - | - | - | 0 | - | - |
Derivative expense | |||||||||
- | - | - | - | - | - | - | - | 0 | - |
Gain on sale of technology rights | |||||||||
- | - | - | - | - | - | - | - | 143 | - |
Impairment of goodwill and intangible assets | |||||||||
- | - | - | - | 4 | - | 502 | 0 | 0 | - |
Other operating expenses | |||||||||
- | - | - | 57 | 54 | - | - | - | - | - |
Other income | |||||||||
- | - | - | - | - | - | - | 95 | 53 | 87 |
Other operating expenses | |||||||||
- | - | - | - | - | 59 | 10 | 18 | 38 | 158 |
Impairment of intangible assets | |||||||||
- | - | - | - | - | - | - | - | 0 | - |
Loss on disposals of fixed assets | |||||||||
- | - | - | - | - | - | - | 0 | - | - |
Total operating expenses | |||||||||
21,857 | 24,693 | 22,235 | 38,771 | 37,986 | 31,447 | 23,621 | 17,106 | 14,146 | 16,321 |
Continuing loss from operations | |||||||||
-16,045 | -22,134 | -16,305 | -6,510 | -5,694 | -2,896 | -116 | -1,980 | 658 | -1,473 |
Other (expense) income | |||||||||
567 | -316 | 310 | -251 | -260 | -123 | -280 | - | - | - |
Amortization of investment premiums and discounts | |||||||||
- | - | - | - | - | - | - | 0 | 0 | - |
Amortization of debt offering costs and debt discount | |||||||||
- | - | - | - | - | - | - | 73 | 334 | - |
Amortization of debt offering costs | |||||||||
- | - | - | - | - | - | - | - | - | 3,859 |
Interest expense | |||||||||
61 | 216 | 201 | 467 | 441 | 508 | 443 | 575 | 918 | 1,151 |
Loss from continuing operations before income taxes and equity in net loss of affiliate | |||||||||
-15,539 | -22,666 | -16,196 | - | - | - | - | - | - | - |
Net loss of affiliate | |||||||||
-1,043 | - | - | - | - | - | - | 59 | 41 | 78 |
Total other income (expense), net | |||||||||
- | - | - | - | - | - | - | -512 | -1,052 | -5,004 |
Loss from continuing operations before taxes | |||||||||
-16,582 | -22,666 | -16,196 | -7,228 | -6,395 | -3,527 | -1,341 | -2,492 | -393 | -6,477 |
Income tax benefit | |||||||||
-2,956 | -1,342 | -2,251 | 38 | -408 | -726 | -398 | 33 | - | 111 |
Loss from continuing operations, net of income taxes | |||||||||
-13,626 | -21,324 | -13,945 | - | - | - | - | - | - | - |
Discontinued operations (Note 3) | |||||||||
(Loss) income from operations of discontinued power and electromechanical components businesses | |||||||||
12,908 | 5,135 | 2,001 | - | - | - | - | - | - | - |
Income tax (benefit) expense | |||||||||
411 | 1,136 | 645 | - | - | - | - | - | - | - |
(Loss) income from discontinued operations, net of income taxes | |||||||||
12,497 | 3,999 | 1,356 | - | - | - | - | - | - | - |
(Loss) from discontinued operations | |||||||||
- | - | - | - | - | - | - | - | -160 | -871 |
Gain on divestment of Comex Electronics | |||||||||
- | - | - | - | - | - | - | - | 603 | - |
Net income from discontinued operations | |||||||||
- | - | - | - | - | - | - | - | 442 | -871 |
Consolidated Net income (loss) | |||||||||
- | - | - | - | - | - | - | - | 19 | - |
Consolidated Net profit (loss) | |||||||||
- | - | - | - | - | - | - | - | - | -7,460 |
Less: Net income from discontinued operations - noncontrolling interest | |||||||||
- | - | - | - | - | - | - | - | 67 | -444 |
Net loss | |||||||||
-1,129 | -17,325 | -12,589 | -7,266 | -5,987 | -2,801 | -943 | - | -48 | -7,015 |
Basic and diluted weighted average common shares outstanding (in shares) | |||||||||
28,654 | 28,517 | 22,397 | 20,897 | 20,792 | 20,658 | 17,751 | 10,175 | 7,249 | - |
Provision (benefit) for taxes | |||||||||
- | - | - | - | - | - | - | - | 29 | - |
Consolidated net (loss) | |||||||||
- | - | - | - | - | - | - | -2,526 | -423 | -6,588 |
Loss from continuing operations per common share - basic and diluted (in dollars per share) | |||||||||
-0.48 | -0.75 | -0.62 | - | - | - | - | - | -0.06 | -1.05 |
(Loss) income from discontinued operations - basic and diluted (in dollars per share) | |||||||||
0.44 | 0.14 | 0.06 | - | - | - | - | - | 0.05 | -0.07 |
Loss per common share - basic and diluted (in dollars per share) | |||||||||
-0.04 | -0.61 | -0.56 | -0.35 | -0.29 | -0.14 | -0.05 | -0.25 | -0.01 | -1.12 |
Basic and diluted weighted average common and common equivalents shares outstanding | |||||||||
- | - | - | - | - | - | - | - | - | 6,285 |