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Summary of Selected Quarterly Financial Data (Unaudited)
 12 Months Ended
Dec. 31, 2017
Summary of Selected Quarterly Financial Data (Unaudited) [Abstract]  
Summary of Selected Quarterly Financial Data (Unaudited)
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
 
2017
            
Revenue
 
$
23,110
  
$
21,096
  
$
28,243
  
$
35,278
 
Gross profit
  
8,443
   
7,391
   
9,262
   
15,470
 
(Loss) income before income taxes and non-controlling interest
  
(2,807
)
  
(3,011
)
  
(1,755
)
  
1,308
 
Net (loss) income attributable to Telos Corporation (1)(2)
  
(3,099
)
  
(3,389
)
  
(3,044
)
  
3,699
 
                 
2016
                
Revenue
 
$
27,078
  
$
26,798
  
$
54,940
  
$
26,052
 
Gross profit
  
10,582
   
9,452
   
14,538
   
8,874
 
(Loss) income before income taxes and non-controlling interest
  
(149
)
  
(1,323
)
  
1,503
   
(3,366
)
Net loss attributable to Telos Corporation (1)
  
(867
)
  
(1,912
)
  
(91
)
  
(4,305
)

(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 tax benefit was recorded due primarily to the remeasurement of our deferred tax assets and liabilities, and the adjustment of valuation allowance related to our hanging credit deferred tax liability in the fourth quarter of 2017, as a result of the Tax Act enacted in December 2017.