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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Selected Unaudited Quarterly Consolidated Statements of Operations Data

The following tables set forth selected unaudited quarterly consolidated statements of operations data for each of the eight quarters in the years ended December 31, 2014 and 2013 (in thousands except per share data):

 

 

Quarter ended

 

 

Dec 31, 2014

 

 

Sept 30, 2014

 

 

June 30, 2014

 

 

Mar 31, 2014

 

 

Dec 31, 2013

 

 

Sept 30, 2013

 

 

June 30, 2013

 

 

Mar 31, 2013

 

Consolidated Statement of Operations Data:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

$

61,893

 

 

$

56,944

 

 

$

52,787

 

 

$

48,262

 

 

$

45,342

 

 

$

41,934

 

 

$

37,704

 

 

$

35,525

 

Gross profit

 

41,972

 

 

 

37,539

 

 

 

33,244

 

 

 

30,359

 

 

 

28,190

 

 

 

25,966

 

 

 

23,042

 

 

 

21,788

 

Operating loss

 

(9,343

)

 

 

(10,814

)

 

 

(12,810

)

 

 

(12,238

)

 

 

(10,355

)

 

 

(8,151

)

 

 

(13,119

)

 

 

(9,408

)

Net Loss (1)

 

(10,120

)

 

 

(11,986

)

 

 

(13,330

)

 

 

(12,904

)

 

 

(13,365

)

 

 

(8,852

)

 

 

(13,619

)

 

 

(10,262

)

Net loss per share, basic and diluted

$

(0.15

)

 

$

(0.18

)

 

$

(0.20

)

 

$

(0.20

)

 

$

(0.22

)

 

$

(0.36

)

 

$

(0.60

)

 

$

(0.45

)

 

In the fourth quarter of 2013, in connection with a debt refinancing transaction, the Company recorded a $1.8 million loss on early extinguishment of debt, which was classified in interest expense. Refer to Note 4 for additional details.