XML 58 R42.htm IDEA: XBRL DOCUMENT v3.7.0.1
Quarterly Financial Data - Unaudited (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data - Unaudited

The following tables present certain unaudited consolidated quarterly financial information for each of the past eight quarters ended December 31, 2016 and 2015. This quarterly information has been prepared on the same basis as the Consolidated Financial Statements and includes all adjustments necessary to state fairly the information for the periods presented.

 

     Fiscal Year Ended December 31, 2016  
     Quarter Ending  
     March 31      June 30      September 30      December 31  

Revenue – net

   $ 582,477      $ 1,217,318      $ 2,883,240      $ —  

Gross profit

     582,477        1,217,318        2,883,240        —  

Net income (loss)

     84,644        (1,858,778      (2,132,303      (2,409,584

Basic and diluted net income per share

   $ 0.01      $ (0.25    $ (0.28    $ (0.32
     Fiscal Year Ended December 31, 2015  
     Quarter Ending  
     March 31      June 30      September 30      December 31  

Revenue – net

   $ 115,292      $ 443,543      $ 1,458,653      $ 3,312,763  

Gross profit

     (97,584      278,957        585,136        3,116,411  

Net income (loss)

     (9,714,471      (6,126,218      (4,580,255      2,213,781  

Basic and diluted net income per share

   $ (1.33    $ (0.85    $ (0.61    $ 0.33