Annual report pursuant to Section 13 and 15(d)

Quarterly Results of Operations (Unaudited)

v3.10.0.1
Quarterly Results of Operations (Unaudited)
12 Months Ended
Dec. 31, 2018
Quarterly Results of Operations (Unaudited)  
Quarterly Results of Operations (Unaudited)

 

15.  Quarterly Results of Operations (Unaudited)

 

The following is a summary of the quarterly results of operations for the years ended December 31, 2018 and 2017:

 

 

 

 

 

 

 

 

 

 

 

 

Quarter

 

 

 

 

First

 

Second

 

Third

 

Fourth

 

Total

2018

 

 

 

 

 

 

 

 

 

 

Revenues

$

17,260

$

20,584

$

22,660

$

23,433

$

83,937

Gross profit

 

14,547

 

17,478

 

19,196

 

19,793

 

71,014

Net loss

 

(5,644)

 

(7,427)

 

(4,102)

 

(5,224)

 

(22,397)

Loss per common share - basic and diluted

 

(0.16)

 

(0.20)

 

(0.11)

 

(0.13)

 

(0.60)

 

 

 

 

 

 

 

 

 

 

 

2017

 

 

 

 

 

 

 

 

 

 

Revenues

$

12,241

$

15,168

$

16,046

$

16,971

$

60,426

Gross profit

 

10,325

 

12,891

 

13,542

 

14,357

 

51,115

Net loss

 

(3,762)

 

(2,060)

 

(2,124)

 

(2,499)

 

(10,445)

Loss per common share - basic and diluted

 

(0.11)

 

(0.06)

 

(0.06)

 

(0.07)

 

(0.31)