XML 48 R24.htm IDEA: XBRL DOCUMENT v3.7.0.1
Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (Unaudited)

16. Selected Quarterly Financial Data (unaudited)

The following table presents selected unaudited financial data for each of the eight quarters in the two-year period ended December 31, 2016. The Company believes this information reflects all recurring adjustments necessary to fairly state this information when read in conjunction with the Company's financial statements and the related notes. Net loss per common share, basic and diluted, for the four quarters of each fiscal year may not sum to the total for the fiscal year because of the different number of shares outstanding during each period. The results of operations for any quarter are not necessarily indicative of the results to be expected for any future period (in thousands of dollars, except for share and per share data):

 

Quarter Ended

 

March 31

 

 

June 30

 

 

September 30

 

 

December 31

 

2016:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

12,854

 

 

$

15,734

 

 

$

16,780

 

 

$

18,704

 

Gross profit

 

 

8,195

 

 

 

10,578

 

 

 

11,498

 

 

 

12,918

 

Net loss

 

 

(6,126

)

 

 

(4,436

)

 

 

(4,075

)

 

 

(6,266

)

Net loss per common share, basic and diluted

 

$

(4.34

)

 

$

(3.12

)

 

$

(2.80

)

 

$

(0.37

)

2015:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

7,055

 

 

$

8,887

 

 

$

9,344

 

 

$

10,854

 

Gross profit

 

 

3,882

 

 

 

5,269

 

 

 

5,596

 

 

 

6,693

 

Net loss

 

 

(4,392

)

 

 

(4,959

)

 

 

(5,746

)

 

 

(7,702

)

Net loss per common share, basic and diluted

 

$

(3.31

)

 

$

(3.66

)

 

$

(4.07

)

 

$

(5.46

)