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Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (Unaudited)

16.

Quarterly Financial Information (Unaudited)

 

 

 

Condensed Consolidated Statements of Operations

 

 

 

2017

 

 

 

Q1

 

 

Q2

 

 

Q3

 

 

Q4

 

 

 

 

 

 

 

(in thousands, except per share data)

 

 

 

 

 

Revenue

 

$

22,841

 

 

$

18,848

 

 

$

19,653

 

 

$

19,469

 

Gross profit

 

$

6,253

 

 

$

3,873

 

 

$

4,380

 

 

$

3,616

 

Income (loss) from operations

 

$

41

 

 

$

(2,619

)

 

$

(2,546

)

 

$

(4,297

)

Net income (loss)

 

$

202

 

 

$

(2,560

)

 

$

(2,468

)

 

$

(4,232

)

Basic income (loss) per share

 

$

0.02

 

 

$

(0.20

)

 

$

(0.20

)

 

$

(0.33

)

Diluted income (loss) per share

 

$

0.02

 

 

$

(0.20

)

 

$

(0.20

)

 

$

(0.33

)

Shares used in per share calculations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

12,550

 

 

 

12,577

 

 

 

12,607

 

 

 

12,640

 

Diluted

 

 

12,848

 

 

 

12,577

 

 

 

12,607

 

 

 

12,640

 

  

 

 

2016

 

 

 

Q1

 

 

Q2

 

 

Q3

 

 

Q4

 

 

 

 

 

 

 

(in thousands, except per share data)

 

 

 

 

 

Revenue

 

$

25,439

 

 

$

22,738

 

 

$

22,467

 

 

$

26,797

 

Gross profit

 

$

4,296

 

 

$

3,893

 

 

$

3,677

 

 

$

3,954

 

Income (loss) from operations

 

$

649

 

 

$

(85

)

 

$

(415

)

 

$

(1,307

)

Net income (loss)

 

$

500

 

 

$

(185

)

 

$

(106

)

 

$

(1,261

)

Basic income (loss) per share

 

$

0.04

 

 

$

(0.02

)

 

$

(0.01

)

 

$

(0.10

)

Diluted income (loss) per share

 

$

0.04

 

 

$

(0.02

)

 

$

(0.01

)

 

$

(0.10

)

Shares used in per share calculations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

12,102

 

 

 

12,152

 

 

 

12,310

 

 

 

12,473

 

Diluted

 

 

12,531

 

 

 

12,152

 

 

 

12,310

 

 

 

12,473

 

  

 

 

Condensed Consolidated Balance Sheets

 

 

 

2017

 

 

 

March 31

 

 

June 30

 

 

September 30

 

 

December 31

 

 

 

(in thousands)

 

Cash, cash equivalents and short-term investments

 

$

30,984

 

 

$

27,296

 

 

$

26,758

 

 

$

24,754

 

Total current assets

 

$

49,092

 

 

$

47,077

 

 

$

45,021

 

 

$

44,253

 

Total assets

 

$

54,403

 

 

$

52,395

 

 

$

50,247

 

 

$

49,434

 

Total current liabilities

 

$

14,310

 

 

$

14,445

 

 

$

14,351

 

 

$

17,427

 

Total shareholders' equity

 

$

39,206

 

 

$

37,099

 

 

$

35,238

 

 

$

31,430

 

  

 

 

2016

 

 

 

March 31

 

 

June 30

 

 

September 30

 

 

December 31

 

 

 

(in thousands)

 

Cash, cash equivalents and short-term investments

 

$

27,626

 

 

$

26,898

 

 

$

31,577

 

 

$

33,200

 

Total current assets

 

$

49,683

 

 

$

47,059

 

 

$

51,844

 

 

$

55,657

 

Total assets

 

$

55,389

 

 

$

52,680

 

 

$

57,355

 

 

$

61,008

 

Total current liabilities

 

$

16,322

 

 

$

13,407

 

 

$

15,502

 

 

$

20,221

 

Total shareholders' equity

 

$

37,873

 

 

$

38,166

 

 

$

38,790

 

 

$

38,112