Quarterly report [Sections 13 or 15(d)]

Segment Data (Tables)

v3.25.1
Segment Data (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Schedule of Reportable Segment Product Sales, Net and Net Loss

The Company's reportable segment product sales, net and net loss for the three months ended March 31, 2025 and 2024 consisted of the following (in thousands):

 

 

Three months ended March 31,

 

 

2025

 

 

2024

 

Product sales, net

 

$

3,606

 

 

$

4,002

 

Cost of goods sold

 

 

1,948

 

 

 

2,149

 

Gross profit

 

 

1,658

 

 

 

1,853

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

Research and development expense

 

 

30

 

 

 

36

 

Sales expense

 

 

731

 

 

 

813

 

Marketing expense

 

 

448

 

 

 

622

 

General and administrative expense

 

 

960

 

 

 

1,002

 

Benefit from reversal of accrued payroll taxes

 

 

(522

)

 

 

 

Total operating expenses

 

 

1,647

 

 

 

2,473

 

 

 

 

 

 

 

 

Operating income (loss)

 

 

11

 

 

 

(620

)

Gain on extinguishment of debt

 

 

(38

)

 

 

 

Other expense, net

 

 

151

 

 

 

2

 

Loss before income taxes

 

 

(102

)

 

 

(622

)

Income tax expense

 

 

7

 

 

 

6

 

Net loss

 

$

(109

)

 

$

(628

)