Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (Unaudited)

v3.24.2
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Net sales $ 10,475 $ 10,511 $ 21,426 $ 22,372
Cost of sales 2,699 2,666 5,611 5,697
Gross profit 7,776 7,845 15,815 16,675
Operating expenses:        
Commissions expense 4,203 4,508 8,689 9,500
Selling, general and administrative expenses 3,811 4,080 7,729 8,312
Total operating expenses 8,014 8,588 16,418 17,812
Loss from operations (238) (743) (603) (1,137)
Other income, net 519 442 1,082 1,123
Income (loss) before income taxes 281 (301) 479 (14)
Income tax provision (benefit) 108 (82) 118 (52)
Net income (loss) $ 173 $ (219) $ 361 $ 38
Net income (loss) per common share:        
Basic (in dollars per share) $ 0.02 $ (0.02) $ 0.03 $ 0
Diluted (in dollars per share) $ 0.02 $ (0.02) $ 0.03 $ 0
Weighted average common shares outstanding:        
Basic (in shares) 11,464 11,432 11,460 11,428
Diluted (in shares) 11,483 11,432 11,481 11,439