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SELECTED QUARTERLY INFORMATION (UNAUDITED) | 12 Months Ended
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Dec. 31, 2015
Notes to Financial Statements |
Note 18. SELECTED QUARTERLY INFORMATION (UNAUDITED) | The following table sets forth certain unaudited quarterly data for each of the four quarters in the years ended December 31, 2015 and 2014, respectively. The data has been derived from the Company's unaudited consolidated financial statements that, in management's opinion, include all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of such information when read in conjunction with the Consolidated Financial Statements and Notes thereto. The results of operations for any quarter are not necessarily indicative of the results of operations for any future period.
|  | First Quarter |  |  | Second Quarter |  |  | Third Quarter |  |  | Fourth Quarter |
Year ended December 31, 2015 |  |  |  |  |  |  |  |  |  |  |  |
Total revenue |  | $ | 6,128 |  |  | $ | 7,274 |  |  | $ | 7,823 |  |  | $ | 8,295 |
Gross profit |  | $ | 2,674 |  |  | $ | 3,140 |  |  | $ | 3,229 |  |  | $ | 3,514 |
Net income (loss) attributable to common shareholders |  | $ | 12,858 |  |  | $ | (1,497 | ) |  | $ | (1,587 | ) |  | $ | (1,410 | )
Income (loss) per basic share |  | $ | 0.69 |  |  | $ | (0.06 | ) |  | $ | (0.06 | ) |  | $ | (0.05 | )
Year ended December 31, 2014 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total revenue |  | $ | 6,482 |  |  | $ | 6,945 |  |  | $ | 6,788 |  |  | $ | 7,466 |
Gross profit |  | $ | 2,756 |  |  | $ | 1,877 |  |  | $ | 1,919 |  |  | $ | 2,441 |
Net loss attributable to common shareholders |  | $ | (9,811 | ) |  | $ | 29 |  |  | $ | 2,976 |  |  | $ | (5,454 | )
Loss per basic share |  | $ | (0.55 | ) |  | $ | - |  |  | $ | (0.17 | ) |  | $ | (0.31 | )

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- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=35737889&loc=d3e1280-108306 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
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