Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Operations

v3.26.1
Consolidated Statements of Operations - USD ($)
shares in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Income Statement [Abstract]    
Net revenues $ 61,674,000 $ 59,117,000
Cost of goods sold 55,701,000 59,115,000
Gross profit 5,973,000 2,000
Selling, general and administrative expenses 16,416,000 14,491,000
Research and development 1,291,000 1,172,000
Loss on disposal of property and equipment 1,000 21,000
Loss from operations (11,735,000) (15,682,000)
Other income (expense):    
Interest income 1,123,000 921,000
Interest expense (230,000) (473,000)
Interest expense-financing fees (84,000) (66,000)
Other 261,000 166,000
Loss from continuing operations before taxes (10,665,000) (15,134,000)
Income tax expense 4,435,000
Loss from continuing operations, net of taxes (10,665,000) (19,569,000)
Loss from discontinued operations (Note 8) (3,119,000) (410,000)
Net loss $ (13,784,000) $ (19,979,000)
Net loss per common share - basic and diluted:    
Continuing operations - basic $ (0.58) $ (1.30)
Continuing operations - diluted (0.58) (1.30)
Discontinued operations - basic (0.17) (0.03)
Discontinued operations - diluted (0.17) (0.03)
Net income (loss) per common share - basic (0.75) (1.33)
Net income (loss) per common share - diluted $ (0.75) $ (1.33)
Weighted average number of common shares used in computing net loss per share:    
Basic 18,464 15,072
Diluted 18,464 15,072