QUARTERLY RESULTS OF OPERATIONS - UNAUDITED

12 Months Ended

Dec. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY RESULTS OF OPERATIONS - UNAUDITED

12. QUARTERLY RESULTS OF OPERATIONS – UNAUDITED

The following table is a summary of certain items in the consolidated statements of income and comprehensive income for each of our quarters in the two-year period ended December 31, 2018 (in thousands, except per share data).

	2018 Quarters Ended
	March 31			June 30			September 30		December 31
Revenue	$	2,911		$	3,760		$	5,401	$	4,058
Operating income (loss)		(723	)		(381	)		1,142		343
Net income (loss)		(495	)		(188	)		1,277		639
Net income (loss) per share – basic	$	(0.02	)	$	(0.01	)	$	0.06	$	0.03
Net income (loss) per share – diluted	$	(0.02	)	$	(0.01	)	$	0.06	$	0.03

	2017 Quarters Ended
	March 31		June 30		September 30		December 31
Revenue	$	4,156	$	2,542	$	5,707	$	3,060
Operating income (loss)		222		64		1,492		(671	)
Net income (loss)		301		114		1,145		(559	)
Net income (loss) per share – basic	$	0.01	$	0.01	$	0.05	$	(0.03	)
Net income (loss) per share – diluted	$	0.01	$	0.01	$	0.05	$	(0.03	)

Quarterly amounts may not sum to annual amounts due to rounding and dilution.