Quarterly Results of Operations

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]


Unaudited	Three Months Ended
2019	March 31,		June 30,		September 30,		December 31,
Revenue	$	13,622	$	18,216	$	16,564	$	19,636
Gross profit	11,171		14,748		13,145		15,349
Income (loss) from continuing operations, net of income taxes	(4,333)		(1,484)		(2,801)		(389)

Net loss	$	(4,333)	$	(1,484)	$	(2,801)	$	(389)
Net earnings (loss) per share - basic and diluted:
Loss from continuing operations, net of income taxes⁽¹⁾	$	(0.10)	$	(0.03)	$	(0.06)	$	(0.01)

Net loss⁽¹⁾	$	(0.10)	$	(0.03)	$	(0.06)	$	(0.01)







Basic and diluted weighted-average number of shares outstanding⁽²⁾	44,831,453		45,702,810		46,158,465		46,710,402


Unaudited	Three Months Ended
2018	March 31,		June 30,		September 30,		December 31,
Revenue	$	9,601	$	12,430	$	13,478	$	19,656
Gross profit	8,573		11,294		11,610		16,844
Income (loss) from continuing operations, net of income taxes	(6,127)		(2,960)		(1,581)		1,438
Total income (loss) from discontinued operations, net of income taxes	26		(161)		—		(1)
Net income (loss)	(6,101)		(3,121)		(1,581)		1,437
Net earnings (loss) per share - basic
Loss from continuing operations, net of income taxes⁽¹⁾	(0.12)		(0.06)		(0.03)		0.03
Income (loss) from discontinued operations, net of income taxes⁽¹⁾	—		—		—		—
Net income (loss)⁽¹⁾	$	(0.12)	$	(0.06)	$	(0.03)	$	0.03

Net earnings (loss) per share - diluted:
Income (loss) from continuing operations, net of income taxes(¹⁾	(0.12)		(0.06)		(0.03)		0.03
Income from discontinued operations, net of income taxes⁽¹⁾	—		—		—		—
Net income (loss)⁽¹⁾	$	(0.12)	$	(0.06)	$	(0.03)	$	0.03

Weighted-average number of shares of common stock outstanding:
Basic	51,827,685		52,241,605		52,716,626		50,278,668
Diluted	51,827,685		52,241,605		52,716,626		51,266,321

(1) Basic and diluted loss from continuing operations, net of income taxes; income (loss) from discontinued operations, net of income taxes and net income (loss) is computed independently for each of the quarters presented. Therefore, the sum of all quarterly basic and diluted loss from continuing operations, net of income taxes; income (loss) discontinued operations, net of income taxes and net income (loss) per share may not equal the annual basic and diluted earnings (loss) per share calculations.

(2) Due to the Company’s loss from continuing operations, net of income taxes, all potentially dilutive securities are anti-dilutive and, therefore, basic and diluted weighted average common shares outstanding are equal for all periods presented.