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Quarterly Results of Operations (Unaudited)
12 Months Ended
Dec. 31, 2013
Quarterly Results of Operations (Unaudited)

18. Quarterly Results of Operations (Unaudited)

The following is a summary of the unaudited quarterly results of operations for 2013 and 2012:

 

 

Quarter Ended

 

(In thousands, except per share data; Unaudited)

March 31

 

 

June 30

 

 

September 30

 

 

December 31

 

2013:

 

 

 

 

 

 

 

Net revenues

$

15,955

 

 

$

18,540

 

 

$

21,203

 

 

$

19,912

 

Gross profit

 

6,753

 

 

 

8,123

 

 

 

10,014

 

 

 

8,750

 

Loss from continuing operations before noncontrolling interest

 

(4,180

)

 

 

(2,095

)

 

 

(12,857

)

 

 

(5,689

)

(Loss) income from discontinued operations, net of
income taxes

 

(776

)

 

 

(1,011

)

 

 

(12,678

)

 

 

3,488

 

Consolidated net loss

 

(4,956

)

 

 

(3,106

)

 

 

(25,535

)

 

 

(2,201

)

Net loss attributable to Identive Group, Inc. stockholders’
equity

 

(4,781

)

 

 

(2,895

)

 

 

(24,213

)

 

 

(2,976

)

Basic and diluted loss per share attributable to Identive Group, Inc. stockholders’ equity

$

(0.08

)

 

$

(0.05

)

 

$

(0.35

)

 

$

(0.04

)

Weighted average shares used to compute basic and diluted loss per share:

 

60,233

 

 

 

62,248

 

 

 

68,518

 

 

 

74,132

 

 

 

Quarter Ended

 

(In thousands, except per share data; Unaudited)

March 31

 

 

June 30

 

 

September 30

 

 

December 31

 

2012:

 

 

 

 

 

 

 

Net revenues

$

16,313

 

 

$

17,849

 

 

$

17,155

 

 

$

21,044

 

Gross profit

 

7,412

 

 

 

7,914

 

 

 

7,837

 

 

 

8,840

 

(Loss) income from continuing operations before noncontrolling interest

 

(5,761

)

 

 

(21,497

)

 

 

(3,321

)

 

 

1,180

 

Loss from discontinued operations, net of income taxes

 

(845

)

 

 

(17,343

)

 

 

(5,270

)

 

 

(711)

 

Consolidated net (loss) income

 

(6,606

)

 

 

(38,840

)

 

 

(8,591

)

 

 

469

 

Net (loss) income attributable to Identive Group, Inc. stockholders’ equity

 

(6,229

)

 

 

(36,371

)

 

 

(7,913

)

 

 

177

 

Basic and diluted (loss) income per share attributable to Identive Group, Inc. stockholders’ equity

$

(0.11

)

 

$

(0.61

)

 

$

(0.13

)

 

$

0.00

 

Weighted average shares used to compute basic and diluted loss per share:

 

58,599

 

 

 

59,686

 

 

 

60,033

 

 

 

60,165