Annual report pursuant to Section 13 and 15(d)

Quarterly Results of Operations (Unaudited) (Tables)

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Quarterly Results of Operations (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2015
Quarterly Information (Unaudited)

(in thousands, except per share data)

   First
Quarter
     Second
Quarter
     Third
Quarter
     Fourth
Quarter
 

Fiscal year ended December 31, 2015:

           

Revenues

   $ 20,330       $ 27,245       $ 37,733       $ 44,348   

Gross profit

     7,171         9,072         12,186         14,861   

Net (loss) income

     (2,046      (1,488      (285      1,437   

Net (loss) income attributable to common stockholders

     (2,046      (1,488      (285      1,437   

Basic and diluted (loss) income per common share attributable to common stockholders (1)

   $ (0.01    $ (0.01    $ (0.00    $ 0.01   
  

 

 

    

 

 

    

 

 

    

 

 

 

Fiscal year ended December 31, 2014:

           

Revenues

   $ 4,952       $ 17,517       $ 26,877       $ 27,494   

Gross profit

     1,603         5,563         8,559         8,498   

Net (loss) income

     (3,570      2,410         (1,404      (2,616

Net (loss) income attributable to common stockholders

     (3,977      1,100         (2,055      (7,913

Basic and diluted (loss) income per common share attributable to common stockholders (1)

   $ (0.04    $ 0.01       $ (0.02    $ (0.07
  

 

 

    

 

 

    

 

 

    

 

 

 

The 2015 and 2014 acquisitions are included in consolidated results of operations from their respective acquisition dates.

 

(2) The quarterly earnings per share information is computed separately for each period. Therefore, the sum of such quarterly per share amounts may differ from the total for the year.