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Quarterly Results of Operations (Unaudited)
12 Months Ended
Dec. 31, 2016
Quarterly Results of Operations (Unaudited)  
Quarterly Results of Operations (Unaudited)

 

19.  Quarterly Results of Operations (Unaudited)

 

 

 

Three Months Ended

 

2016

 

March 31,

 

June 30,

 

September 30,

 

December 31,

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

34,565

 

37,107

 

41,281

 

53,808

 

Gross profit

 

$

16,218

 

17,200

 

18,583

 

24,272

 

Net loss

 

$

(11,074

)

(5,855

)

(3,617

)

(401

)

Basic and diluted net loss per share (1)

 

$

(0.21

)

(0.11

)

(0.07

)

(0.01

)

Basic and diluted weighted-average number of shares outstanding(2) 

 

52,372,857

 

52,633,054

 

52,473,601

 

51,644,295

 

 

 

 

Three Months Ended

 

2015

 

March 31,

 

June 30,

 

September 30,

 

December 31,

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

38,052

 

42,404

 

41,624

 

51,757

 

Gross profit

 

$

16,193

 

18,010

 

17,600

 

22.768

 

Net loss

 

$

(6,950

)

(5,240

)

(28,622

)

(2,418

)

Basic and diluted net loss per share (1)

 

$

(0.14

)

(0.10

)

(0.55

)

(0.05

)

Basic and diluted weighted-average number of shares outstanding(2) 

 

51,217,220

 

51,445,613

 

51,875,785

 

52,186,221

 

 

 

(1)

Basic and diluted net loss per share is computed independently for each of the quarters presented.  Therefore, the sum of all quarterly basic and diluted net loss per share may not equal the annual basic and diluted net loss per share. 

 

(2)

Due to the Company’s net losses, all potentially dilutive securities are anti-dilutive and, therefore, basic and diluted weighted average common shares outstanding are equal for all periods presented.