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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2013
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)  
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

NOTE 17. SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

        The following tables set forth certain unaudited quarterly financial data for each of the eight quarters beginning with the quarter ended March 31, 2012 through the quarter ended December 31, 2013 (in thousands). This quarterly financial data is unaudited, but has been prepared on the same basis as the annual financial statements and, in the opinion of management, reflects all adjustments, consisting only of normal recurring adjustments necessary for a fair representation of the information for the periods presented. Operating results for any quarter are not necessarily indicative of results for any future period.

 
  2013 Quarter Ended  
(in thousands)
  March 31   June 30   September 30   December 31  

Product sales

  $ 9,129   $ 14,106   $ 16,278   $ 18,789  

Total revenues

    26,174     29,963     37,460     40,608  

Gross margin on product sales

    7,645     12,418     14,527     16,621  

Income (loss) from operations

    (5,533 )   532     6,838     7,480  

Net income (loss)

    (5,480 )   478     6,514     41,801  

Basic net income (loss) per share

  $ (0.10 ) $ 0.01   $ 0.11   $ 0.73  

Diluted net income (loss) per share

  $ (0.10 ) $ 0.01   $ 0.11   $ 0.72  


 

 
  2012 Quarter Ended  
 
  March 31   June 30   September 30   December 31  

Product sales

  $ 2,109   $ 3,201   $ 9,684   $ 12,489  

Total revenues

    16,835     14,110     33,282     26,590  

Gross margin on product sales

    1,591     1,759     7,921     10,173  

Income (loss) from operations

    (8,938 )   (15,983 )   (1,541 )   (3,891 )

Net income (loss)

    (8,804 )   (15,780 )   (1,495 )   (3,704 )

Basic net income (loss) per share

  $ (0.16 ) $ (0.28 ) $ (0.03 ) $ (0.07 )

Diluted net income (loss) per share

  $ (0.16 ) $ (0.28 ) $ (0.03 ) $ (0.07 )