| Quarterly Financial Data |
The following tables set forth our unaudited results of operations for each of the quarters in 2016 and 2015.
|
|
|
Year 2016 Quarters Ended
|
|
|
(in thousands, except per share data)
|
|
March 31
|
|
|
June 30
|
|
|
September 30
|
|
|
December 31
|
|
|
Net revenue
|
|
$
|
3,830
|
|
|
$
|
4,198
|
|
|
$
|
4,462
|
|
|
$
|
4,757
|
|
|
Gross profit
|
|
|
3,117
|
|
|
|
3,451
|
|
|
|
3,762
|
|
|
|
4,075
|
|
|
Loss from continuing operations
|
|
|
(4,125
|
)
|
|
|
(3,085
|
)
|
|
|
(151
|
)
|
|
|
(3,421
|
)
|
|
Income (loss) from discontinued operations
|
|
|
(3,499
|
)
|
|
|
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
|
|
|
|
|
Year 2015 Quarters Ended
|
|
|
(in thousands, except per share data)
|
|
March 31
|
|
|
June 30
|
|
|
September 30 (a)
|
|
|
December 31
|
|
|
Net revenue
|
|
$
|
3,106
|
|
|
$
|
3,285
|
|
|
$
|
3,501
|
|
|
$
|
3,567
|
|
|
Gross profit
|
|
|
2,444
|
|
|
|
2,595
|
|
|
|
2,893
|
|
|
|
2,930
|
|
|
Loss from continuing operations
|
|
|
(3,036
|
)
|
|
|
(1,960
|
)
|
|
|
(660
|
)
|
|
|
(3,363
|
)
|
|
Income (loss) from discontinued operations
|
|
|
(856
|
)
|
|
|
843
|
|
|
|
(8,154
|
)
|
|
|
5,480
|
|
|
Net income (loss)
|
|
|
(3,892
|
)
|
|
|
(1,117
|
)
|
|
|
(8,814
|
)
|
|
|
2,117
|
|
|
Basic and diluted net income (loss) per share
|
|
$
|
(0.16
|
)
|
|
$
|
(0.05
|
)
|
|
$
|
(0.36
|
)
|
|
$
|
0.09
|
|
|
Weighted average shares outstanding - basic and
diluted
|
|
|
24,490
|
|
|
|
24,610
|
|
|
|
24,604
|
|
|
|
24,626
|
|
|
|
(a)
|
During the third quarter of 2015, we focused on operating the Gaia segment profitably for a quarter. Excluding allocated corporate costs and transaction related items, we achieved profitability during this quarter of $0.2 million.
|
|