Quarterly Results of Operations (Unaudited)

12 Months Ended

Dec. 31, 2012

Quarterly Results of Operations (Unaudited)

Quarterly Results of Operations (Unaudited)

23. Quarterly Results of Operations (Unaudited)

        The following table summarizes the Company's quarterly results of operations for the years ended December 31, 2012, 2011 and 2010:

	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	(in thousands except per share data)
The Year Ended December 31, 2012
Net sales	$	6,383		$	4,938		$	7,063		$	7,702
Gross loss	$	(1,544	)	$	(1,665	)	$	(1,510	)	$	(2,564	)
Net loss	$	(10,131	)	$	(7,640	)	$	(63,316	)	$	(10,938	)
Net income (loss) per Ordinary Share—basic and diluted:
Loss	$	(0.29	)	$	(0.22	)	$	(1.74	)	$	(0.26	)
The Year Ended December 31, 2011
Net sales	$	—		$	—		$	—		$	1,836
Gross loss	$	—		$	—		$	—		$	(4,250	)
Net loss	$	(15,925	)	$	(18,591	)	$	(11,744	)	$	(16,411	)
Net income (loss) per Ordinary Share—basic and diluted:
Loss	$	(1.08	)	$	(1.24	)	$	(0.59	)	$	(0.47	)

        The net loss for the third quarter 2012 includes a goodwill impairment charge of $58.5 million (see Note 10).

        Net sales and gross profit for the four quarters of 2012 and for the fourth quarter of 2011 are all related to metals sales from the Velardeña Operations (see Note 17).