QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2016

Quarterly Financial Data [Abstract]

QUARTERLY FINANCIAL DATA (UNAUDITED)

12. QUARTERLY FINANCIAL DATA (UNAUDITED)

The results of any single quarter are not necessarily indicative of the Company’s results for the full year. Earnings (loss) per share data is computed independently for each of the periods presented. As a result, the sum of the earnings per share amounts for the quarter may not equal the total for the year.

	Quarter ended
2016	March 31,			June 30,		September 30,		December 31,
Revenue	$	12,670,032		$	22,280,964	$	22,110,829	$	24,268,033
Gross Profit (loss)		(11,639,104	)		5,034,001		5,024,368		5,899,653
Net Income (loss)		(9,220,220	)		1,790,580		1,686,065		2,134,999
Income (loss) per common share
Basic		(1.07	)		0.21		0.19		0.24
Diluted		(1.07	)		0.21		0.19		0.24
2015
Revenue	$	19,876,566		$	21,944,320	$	26,790,881	$	31,590,790
Gross Profit		3,602,071			3,848,369		5,596,432		3,554,831
Net Income		928,120			990,108		2,446,085		651,680
Income per common share
Basic		0.11			0.12		0.29		0.08
Diluted		0.11			0.12		0.28		0.08