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Quarterly Financial Data - Unaudited
12 Months Ended
Dec. 31, 2019
Quarterly Financial Data [Abstract]  
Quarterly Financial Data - Unaudited Quarterly Financial Data (Unaudited)
The following tables presents selected unaudited financial data for each of the eight quarters in the two-year period ended December 31, 2019, which have been updated to reflect the revisions discussed in Note 2 (Summary of Significant Accounting Policies). The revisions to the Company's unaudited interim financial statements during 2019 will be incorporated when it issues its Forms 10-Q for the first three quarter of 2020.

The Company believes this information reflects all recurring adjustments necessary to fairly state this information when read in conjunction with the Company's financial statements and the related notes. Please note that amounts in the tables below may not sum due to rounding differences.


(in thousands, except per share)
2019Q1Q2Q3Q4Total
Total revenue$17,991  $19,895  $20,852  $19,706  $78,444  
Operating income (loss)(145) 302  (14,021) (1,289) (15,153) 
Net income (loss)98  327  (12,579) (1,710) (13,864) 
Earnings (loss) per share, basic0.01  0.02  (0.96) (0.13) (1.06) 
Earnings (loss) per share, diluted0.01  0.02  (0.96) (0.13) (1.06) 
Earnings (loss) per share, year to date, basic0.01  0.03  (0.93) (1.06) (1.06) 
Earnings (loss) per share, year to date, diluted0.01  0.03  (0.93) (1.06) (1.06) 


2018Q1Q2Q3Q4Total
Total revenue$14,718  $18,204  $16,396  $16,160  $65,478  
Operating income (loss)305  179  (500) (491) (507) 
Net income (loss)190  211  (118) (749) (466) 
Earnings (loss) per share, basic0.01  0.02  (0.01) (0.06) (0.04) 
Earnings (loss) per share, diluted0.01  0.02  (0.01) (0.06) (0.04) 
Revisions to our unaudited quarterly financial data are as follows:


For the Three Months Ended September 30, 2019
($ in thousands, except per share)As ReportedRevisionsAs Revised
Total revenue$20,852  $—  $20,852  
Operating loss(13,561) (460) (14,021) 
Net loss(12,232) (347) (12,579) 
Loss per share, basic(0.93) (0.03) (0.96) 
Loss per share, diluted(0.93) (0.03) (0.96) 


For the Three Months Ended June 30, 2019
($ in thousands, except per share)As ReportedRevisionsAs Revised
Total revenue$19,895  $—  $19,895  
Operating income (loss)593  (291) 302  
Net income (loss)573  (246) 327  
Earnings (loss) per share, basic0.04  (0.02) 0.02  
Earnings (loss) per share, diluted0.04  (0.02) 0.02  


For the Three Months Ended March 31, 2019
($ in thousands, except per share)As ReportedRevisionsAs Revised
Total revenue$17,991  $—  $17,991  
Operating income (loss)209  (354) (145) 
Net income (loss)357  (259) 98  
Earnings (loss) per share, basic0.03  (0.02) 0.01  
Earnings (loss) per share, diluted0.03  (0.02) 0.01  


For the Three Months Ended December 31, 2018
($ in thousands, except per share)As ReportedRevisionsAs Revised
Total revenue$16,160  $—  $16,160  
Operating loss106  (597) (491) 
Net loss(282) (467) (749) 
Loss per share, basic(0.02) (0.04) (0.06) 
Loss per share, diluted(0.02) (0.04) (0.06) 


For the Three Months Ended September 30, 2018
($ in thousands, except per share)As ReportedRevisionsAs Revised
Total revenue$16,396  $—  $16,396  
Operating (loss)(44) (456) (500) 
Net income (loss)236  (354) (118) 
Earnings (loss) per share, basic0.02  (0.03) (0.01) 
Earnings (loss) per share, diluted0.02  (0.03) (0.01) 
For the Three Months Ended June 30, 2018
($ in thousands, except per share)As ReportedRevisionsAs Revised
Total revenue$18,204  $—  $18,204  
Operating income (loss)226  (47) 179  
Net income (loss)247  (36) 211  
Earnings (loss) per share, basic0.02  —  0.02  
Earnings (loss) per share, diluted0.02  —  0.02  


For the Three Months Ended March 31, 2018
($ in thousands, except per share)As ReportedRevisionsAs Revised
Total revenue$14,718  $—  $14,718  
Operating income (loss)350  (45) 305  
Net income (loss)225  (35) 190  
Earnings (loss) per share, basic0.02  (0.01) 0.01  
Earnings (loss) per share, diluted0.02  (0.01) 0.01