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SUPPLEMENTARY DATA - QUARTERLY FINANCIAL DATA (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2016
Selected Quarterly Financial Information [Abstract]  
SUPPLEMENTARY DATA - QUARTERLY FINANCIAL DATA
Selected unaudited quarterly consolidated financial data is shown below (in thousands except per share amounts):
 
 
 
For Three Month Periods Ended
 
 
 
Mar. 31,
 
June 30,
 
Sept. 30,
 
Dec. 31,
 
 
 
2016
 
2016
 
2016
 
2016
 
Net revenues
 
$
224
 
$
257
 
$
218
 
$
3,765
 
Operating expenses
 
 
3,362
 
 
3,336
 
 
2,287
 
 
2,036
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating (loss) income
 
 
(3,138)
 
 
(3,079)
 
 
(2,069)
 
 
1,729
 
Net (loss) income
 
$
(3,384)
 
$
(3,288)
 
$
(2,250)
 
$
1,534
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic (loss) income per share
 
$
(0.28)
 
$
(0.28)
 
$
(0.19)
 
$
0.13
 
Diluted (loss) income per share
 
$
(0.28)
 
$
(0.28)
 
$
(0.19)
 
$
0.13
 
 
 
 
For Three Month Periods Ended
 
 
 
Mar. 31,
 
June 30,
 
Sept. 30,
 
Dec. 31,
 
 
 
2015
 
2015
 
2015
 
2015
 
Net revenues
 
$
5,357
 
$
341
 
$
210
 
$
2,679
 
Operating expenses
 
 
3,845
 
 
2,739
 
 
2,615
 
 
3,389
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating income (loss)
 
 
1,512
 
 
(2,398)
 
 
(2,405)
 
 
(710)
 
Net loss
 
$
1,239
 
$
(2,663)
 
$
(2,649)
 
$
(916)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic income (loss) per share
 
$
0.13
 
$
(0.28)
 
$
(0.23)
 
$
(0.08)
 
Diluted income (loss) per share
 
$
0.13
 
$
(0.28)
 
$
(0.23)
 
$
(0.08)