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QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (Tables)
12 Months Ended
Dec. 31, 2019
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)  
Schedule of quarterly financial information

Quarterly financial information is as follows (in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

    

First Quarter

    

Second Quarter

    

Third Quarter

    

Fourth Quarter

 

 

 

  

 

 

  

 

 

  

 

 

  

Total Revenue

 

$

6,876

 

$

7,573

 

$

8,131

 

$

9,337

Less: cost of revenue and operating expenses

 

 

4,921

 

 

4,858

 

 

5,312

 

 

6,457

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from operations

 

 

1,955

 

 

2,715

 

 

2,819

 

 

2,880

 

 

 

 

 

 

 

 

 

 

 

 

 

Income before income taxes

 

 

1,840

 

 

2,678

 

 

2,818

 

 

2,880

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

1,921

 

$

2,418

 

$

2,591

 

$

2,622

Net income per common share:

 

 

  

 

 

  

 

 

  

 

 

  

Basic income per share - net income

 

$

0.06

 

$

0.07

 

$

0.08

 

$

0.08

Diluted income per share - net income

 

$

0.06

 

$

0.07

 

$

0.07

 

$

0.08

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2019

 

 

First Quarter

 

Second Quarter

 

Third Quarter

 

Fourth Quarter

 

 

 

  

 

 

  

 

 

  

 

 

  

Total Revenue

 

$

9,196

 

$

10,297

 

$

11,817

 

$

14,162

Less: cost of revenue and operating expenses

 

 

6,940

 

 

7,713

 

 

9,322

 

 

10,431

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from operations

 

 

2,256

 

 

2,584

 

 

2,495

 

 

3,731

 

 

 

 

 

 

 

 

 

 

 

 

 

Income before income taxes

 

 

3,136

 

 

2,584

 

 

2,496

 

 

3,725

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

2,350

 

$

2,162

 

$

2,033

 

$

2,947

Net income per common share:

 

 

  

 

 

  

 

 

  

 

 

  

Basic income per share - net income

 

$

0.07

 

$

0.07

 

$

0.06

 

$

0.09

Diluted income per share - net income

 

$

0.07

 

$

0.06

 

$

0.06

 

$

0.09