| Quarterly Results of Operations (Unaudited) |
12. Quarterly Results of Operations (Unaudited)
The following tables set forth our unaudited results of operations for each of the quarters in 2017 and 2016.
|
|
|
Year 2017 Quarters Ended
|
|
|
(in thousands, except per share data)
|
|
March 31
|
|
|
June 30
|
|
|
September 30
|
|
|
December 31
|
|
|
Net revenues
|
|
$
|
5,784
|
|
|
$
|
6,558
|
|
|
$
|
7,522
|
|
|
$
|
8,426
|
|
|
Gross profit
|
|
|
4,964
|
|
|
|
5,647
|
|
|
|
6,485
|
|
|
|
7,267
|
|
|
Loss from continuing operations
|
|
|
(6,180
|
)
|
|
|
(6,310
|
)
|
|
|
(5,634
|
)
|
|
|
(5,577
|
)
|
|
Income from discontinued operations
|
|
|
—
|
|
|
|
—
|
|
|
|
429
|
|
|
|
—
|
|
|
Net loss
|
|
|
(6,180
|
)
|
|
|
(6,310
|
)
|
|
|
(5,205
|
)
|
|
|
(5,577
|
)
|
|
Basic and diluted net loss per share
|
|
$
|
(0.41
|
)
|
|
$
|
(0.42
|
)
|
|
$
|
(0.34
|
)
|
|
$
|
(0.37
|
)
|
|
Weighted average shares outstanding - basic and
diluted
|
|
|
15,153
|
|
|
|
15,157
|
|
|
|
15,161
|
|
|
|
15,168
|
|
|
|
|
Year 2016 Quarters Ended
|
|
|
(in thousands, except per share data)
|
|
March 31
|
|
|
June 30
|
|
|
September 30
|
|
|
December 31
|
|
|
Net revenues
|
|
$
|
3,830
|
|
|
$
|
4,198
|
|
|
$
|
4,462
|
|
|
$
|
4,757
|
|
|
Gross profit
|
|
|
3,117
|
|
|
|
3,451
|
|
|
|
(3,761
|
)
|
|
|
4,075
|
|
|
Loss from continuing operations
|
|
|
(4,126
|
)
|
|
|
(3,085
|
)
|
|
|
(151
|
)
|
|
|
(3,421
|
)
|
|
Income (loss) from discontinued operations
|
|
|
(3,498
|
)
|
|
|
646
|
|
|
|
100,595
|
|
|
|
106
|
|
|
Net income (loss)
|
|
|
(7,624
|
)
|
|
|
(2,439
|
)
|
|
|
100,444
|
|
|
|
(3,315
|
)
|
|
Basic and diluted net income (loss) per share
|
|
$
|
(0.31
|
)
|
|
$
|
(0.10
|
)
|
|
$
|
6.64
|
|
|
$
|
(0.22
|
)
|
|
Weighted average shares outstanding - basic and
diluted
|
|
|
24,531
|
|
|
|
24,580
|
|
|
|
15,138
|
|
|
|
15,148
|
|
|