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Quarterly Financial Information
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information [Abstract]  
Quarterly Financial Information

Note 13 – Quarterly  Financial  Information (Unaudited)

 

Summarized quarterly financial information for 2016 and 2015 are as follows (in thousands except share data):





 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Quarters Ended



 

 

March 31,

 

 

June 30,

 

 

September 30,

 

 

December 31,



 

 

2016

 

 

2016

 

 

2016

 

 

2016

Revenues

 

$

7,001 

 

$

5,533 

 

$

4,305 

 

$

4,558 

Gross profit

 

$

3,335 

 

$

1,335 

 

$

1,282 

 

$

490 

Net (loss) income before income tax

 

$

14 

 

$

(2,164)

 

$

(2,430)

 

$

(3,468)

Net (loss) income

 

$

14 

 

$

(2,164)

 

$

(2,431)

 

$

(3,468)

Net (loss) income per share - basic

 

$

 -

 

$

(0.07)

 

$

(0.08)

 

$

(0.11)

Net (loss) income per share - diluted

 

$

 -

 

$

(0.07)

 

$

(0.08)

 

$

(0.11)

Weighted average number of shares outstanding - basic

 

 

29,388,104 

 

 

29,388,104 

 

 

30,292,166 

 

 

31,623,334 

Weighted average number of shares outstanding - diluted

 

 

29,637,804 

 

 

29,388,104 

 

 

30,292,166 

 

 

31,623,334 



 

 

 

 

 

 

 

 

 

 

 

 



 

Quarters Ended



 

 

March 31,

 

 

June 30,

 

 

September 30,

 

 

December 31,



 

 

2015

 

 

2015

 

 

2015

 

 

2015

Revenues

 

$

5,989 

 

$

7,034 

 

$

5,405 

 

$

6,714 

Gross profit

 

$

2,360 

 

$

2,608 

 

$

1,106 

 

$

904 

Net (loss) income before income tax

 

$

320 

 

$

(66)

 

$

(2,234)

 

$

(2,125)

Net (loss) income

 

$

320 

 

$

(66)

 

$

(2,234)

 

$

(2,125)

Net (loss) income per share - basic

 

$

0.01 

 

$

 —

 

$

(0.09)

 

$

(0.08)

Net (loss) income per share - diluted

 

$

0.01 

 

$

 —

 

$

(0.09)

 

$

(0.08)

Weighted average number of shares outstanding - basic

 

 

25,041,380 

 

 

25,142,371 

 

 

25,287,849 

 

 

25,712,562 

Weighted average number of shares outstanding - diluted

 

 

25,747,631 

 

 

25,142,371 

 

 

25,287,849 

 

 

25,712,562