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Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Summarized Quarterly Information

Summarized quarterly data for fiscal 2016 and 2015 are as follows (in thousands, except per share data):

 

 

Year ended December 31, 2016

 

 

 

1st Quarter

 

 

2nd Quarter

 

 

3rd Quarter

 

 

4th Quarter

 

Selected quarterly financial data:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

7,214

 

 

$

7,459

 

 

$

6,478

 

 

$

7,084

 

Gross profit

 

$

5,101

 

 

$

5,547

 

 

$

4,680

 

 

$

5,343

 

Operating loss

 

$

(3,679

)

 

$

(3,907

)

 

$

(4,557

)

 

$

(3,762

)

Net loss

 

$

(3,706

)

 

$

(3,279

)

 

$

(4,314

)

 

$

(3,725

)

Net (loss) per share, basic (1)

 

$

(0.32

)

 

$

(0.28

)

 

$

(0.35

)

 

$

(0.30

)

Weighted average shares outstanding, basic

 

 

11,524

 

 

 

11,741

 

 

 

12,209

 

 

 

12,323

 

Net (loss) per share, diluted (1)

 

$

(0.32

)

 

$

(0.28

)

 

$

(0.35

)

 

$

(0.30

)

Weighted average shares outstanding, diluted

 

 

11,524

 

 

 

11,741

 

 

 

12,209

 

 

 

12,323

 

 

 

 

Year ended December 31, 2015

 

 

 

1st Quarter

 

 

2nd Quarter

 

 

3rd Quarter

 

 

4th Quarter

 

Selected quarterly financial data:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

10,529

 

 

$

9,386

 

 

$

9,586

 

 

$

10,006

 

Gross profit

 

$

8,411

 

 

$

7,315

 

 

$

7,627

 

 

$

8,002

 

Operating income (loss)

 

$

2

 

 

$

(1,225

)

 

$

(768

)

 

$

(547

)

Net income (loss)

 

$

(10

)

 

$

(1,231

)

 

$

(770

)

 

$

(591

)

Net (loss) per share, basic (1)

 

$

(0.00

)

 

$

(0.11

)

 

$

(0.07

)

 

$

(0.05

)

Weighted average shares outstanding, basic

 

 

11,375

 

 

 

11,564

 

 

 

11,540

 

 

 

11,465

 

Net (loss) per share, diluted (1)

 

$

(0.00

)

 

$

(0.11

)

 

$

(0.07

)

 

$

(0.05

)

Weighted average shares outstanding, diluted

 

 

11,375

 

 

 

11,564

 

 

 

11,540

 

 

 

11,465

 

 

(1)

Basic and diluted net (loss) per share is computed independently for each of the quarters presented. Therefore, the sum of the quarterly per share amounts will not necessarily equal the total for the year.