Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.22.4
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Net sales $ 49,134 $ 60,005
Cost of sales 12,661 15,010
Gross profit 36,473 44,995
Operating expenses:    
Commissions expense 20,747 25,578
Selling, general and administrative expenses 15,996 17,846
Total operating expenses 36,743 43,424
Income (loss) from operations (270) 1,571
Other income (expense), net 872 (61)
Income before income taxes 602 1,510
Income tax provision 289 425
Net income $ 313 $ 1,085
Net income per common share:    
Basic (in dollars per share) $ 0.03 $ 0.10
Diluted (in dollars per share) $ 0.03 $ 0.09
Weighted-average number of common shares outstanding:    
Basic (in shares) 11,362 11,017
Diluted (in shares) 11,423 11,423