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SUPPLEMENTAL UNAUDITED QUARTERLY FINANCIAL INFORMATION OF CONTINUING OPERATIONS (Tables)
12 Months Ended
Dec. 31, 2019
Selected Quarterly Financial Information [Abstract]  
Schedule of quarterly information
The following table sets forth certain unaudited quarterly data of continuing operations for each of the four quarters in the years ended December 31, 2019, and 2018, respectively. The data has been derived from the Company’s unaudited consolidated financial statements that, in management’s opinion, include all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of such information when read in conjunction with the Consolidated Financial Statements and Notes thereto. The results of operations for any quarter are not necessarily indicative of the results of operations for any future period. The results presented have been updated for restatements and revisions as discussed in Notes 4 and 5.
(In thousands, except per share data)
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Year ended December 31, 2019
 
 
 
 
 
 
 
Sales
$
5,629

 
$
6,649

 
$
7,575

 
$
8,382

Gross profit
3,563

 
4,674

 
5,294

 
5,563

Net loss
(5,608
)
 
(4,295
)

(4,370
)

(5,433
)
Basic loss per common share
(0.17
)
 
(0.13
)
 
(0.13
)
 
(0.16
)
 
 
 
 
 
 
 
 
Year ended December 31, 2018
 
 
 
 
 
 
 
Sales
$
3,397

 
$
3,691

 
$
3,672

 
$
5,845

Gross profit
2,212

 
2,537

 
2,521

 
3,556

Net loss
(2,791
)
 
(2,938
)
 
(1,143
)
 
(3,912
)
Basic loss per common share
(0.08
)
 
(0.09
)
 
(0.03
)
 
(0.12
)


*Fourth quarter 2018 period includes approximately $0.7 million of non-recurring severance and expenses related to former members of the Company’s executive management team.