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Summary of Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2015
Summary of Selected Quarterly Financial Data (Unaudited) [Abstract]  
Selected Quarterly Financial Data
Note 12. Summary of Selected Quarterly Financial Data (Unaudited)

The following is a summary of selected quarterly financial data for the previous two fiscal years (in thousands):

  
Quarters Ended
 
  
March 31
  
June 30
  
Sept. 30
  
Dec. 31
 
2015
        
Revenue
 
$
28,019
  
$
32,028
  
$
33,662
  
$
26,925
 
Gross profit
  
6,778
   
7,170
   
8,674
   
8,051
 
Loss before income taxes and non-controlling interest
  
(3,030
)
  
(2,564
)
  
(959
)
  
(2,684
)
Net loss attributable to Telos Corporation (1)(2)
  
(2,746
)
  
(2,408
)
  
(1,406
)
  
(9,380
)
                 
2014
                
Revenue
 
$
30,144
  
$
29,009
  
$
38,507
  
$
29,902
 
Gross profit
  
6,442
   
5,396
   
7,504
   
5,611
 
Loss before income taxes and non-controlling interest
  
(4,786
)
  
(5,384
)
  
(3,611
)
  
(2,819
)
Net loss attributable to Telos Corporation (1)
  
(5,559
)
  
(4,346
)
  
(774
)
  
(1,609
)

(1)
Changes in net income are the result of several factors, including seasonality of the government year-end buying season, as well as the nature and timing of other deliverables.
(2)
A full valuation allowance was recorded against the Company's deferred tax assets in the fourth quarter of 2015.