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Quarterly Results of Operations (Unaudited)
12 Months Ended
Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations (Unaudited)

Quarterly Results of Operations (Unaudited)

Consolidated quarterly results of operations for fiscal year 2020 and 2019 were as follows:

 

     Quarter Ended  
     March 31,
2020
     June 30,
2020
     September 30,
2020
     December 31,
2020
 
     (in thousands, except per share data)  

2020

           

Total revenue

     17,430      22,067      29,762      39,633

Gross profit

     14,935      20,240      27,266      36,665

Operating income

     8,931      3,946      19,554      24,286

Change in fair value of contingent consideration

     —          (48,802      (83,130      —    

Net income (loss) and comprehensive income (loss)

     8,172      (49,805      (71,133      15,202

Basic net income (loss) per common share

   $ 0.29    $ (1.01    $ (0.62    $ 0.12

Diluted net income (loss) per common share

   $ 0.16    $ (1.01    $ (0.62    $ 0.12

 

     Quarter Ended  
     March 31,
2019
     June 30,
2019
     September 30,
2019
     December 31,
2019
 
     (in thousands, except per share data)  

2019

           

Total revenue

   $ 19,484    $ 25,183    $ 22,104    $ 26,076

Gross profit

   $ 17,957    $ 23,116    $ 20,181    $ 23,787

Operating income

   $ 12,863    $ 17,580    $ 14,817    $ 17,355

Net income (loss) and comprehensive income (loss)

   $ 12,904    $ 17,484    $ 14,716    $ 17,440

Basic net income (loss) per common share

   $ (0.34    $ (0.19    $ (1.25    $ (1.19

Diluted net income (loss) per common share

   $ (0.34    $ (0.19    $ (1.25    $ (1.19