Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.21.2
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Revenues, net of returns and allowances $ 23,100 $ 15,227 $ 60,865 $ 50,379
Cost of sales 13,021 9,276 35,546 30,896
Gross profit 10,079 5,951 25,319 19,483
Selling, general and administrative 7,281 4,804 18,182 16,134
Research, development and engineering 1,523 899 4,637 2,436
Restructuring charges 71 217 71 217
Operating income 1,204 31 2,429 696
Loss on sale of subsidiary       (2,793)
Interest (expense) income and other, net (155) (13) (337) 512
Income (loss) from continuing operations before income taxes 1,049 18 2,092 (1,585)
Income tax provision 680 90 1,250 297
Income (loss) from continuing operations, net of tax 369 (72) 842 (1,882)
Loss from discontinued operations, net of tax       (11,816)
Net income (loss) $ 369 $ (72) $ 842 $ (13,698)
Income (Loss) Per Basic Share:        
Basic income (loss) per share from continuing operations $ 0.03 $ (0.01) $ 0.06 $ (0.13)
Basic loss per share from discontinued operations       (0.83)
Net income (loss) per basic share 0.03 (0.01) 0.06 (0.96)
Income (Loss) Per Diluted Share:        
Diluted income (loss) per share from continuing operations 0.03 (0.01) 0.06 (0.13)
Diluted loss per share from discontinued operations       (0.83)
Net income (loss) per diluted share $ 0.03 $ (0.01) $ 0.06 $ (0.96)
Weighted average shares outstanding - basic 14,176 14,155 14,163 14,195
Weighted average shares outstanding - diluted 14,373 14,155 14,292 14,195