Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]    
REVENUES, NET $ 5,335,000 $ 6,954,000
COST OF GOODS SOLD 436,000 478,000
GROSS PROFIT 4,899,000 6,476,000
OPERATING EXPENSES    
Research and development 1,809,000 617,000
Selling 1,283,000 1,068,000
General and administrative 3,422,000 3,657,000
Total operating expenses 6,514,000 5,342,000
INCOME (LOSS) FROM OPERATIONS (1,615,000) 1,134,000
OTHER INCOME (EXPENSE)    
Loss on debt extinguishment (1,172,000)  
Change in fair value of warrant derivative liabilities (529,000) 25,000
Change in fair value of conversion feature derivative, notes payable (2,338,000) (29,000)
Net gain on investment in marketable securities   6,839,000
Net losses on equity method investment (754,000) (407,000)
Foreign exchange gain (loss) (1,132,000) 1,000
Interest and other income 190,000 32,000
Interest expense (1,054,000) (1,800,000)
Total other income (expense) (6,789,000) 4,661,000
INCOME (LOSS) BEFORE INCOME TAXES (8,404,000) 5,795,000
INCOME TAXES 18,000 286,000
NET INCOME (LOSS) (8,422,000) 5,509,000
COMPONENTS OF OTHER COMPREHENSIVE INCOME (LOSS)    
Unrealized gain on debt securities available for sale (net of tax) 58,000  
Foreign currency translation adjustments 165,000 61,000
Other comprehensive income (loss) 223,000 61,000
COMPREHENSIVE INCOME (LOSS) $ (8,199,000) $ 5,570,000
EARNINGS (NET LOSS) PER COMMON SHARE - BASIC and DILUTED $ (0.17) $ 0.11
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING 49,073,769 48,624,469