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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Financial Information

The following table sets forth our unaudited quarterly consolidated statements of operations for each of the last four quarters for the periods ended December 31, 2016 and 2015. This unaudited quarterly information has been prepared on the same basis as our annual audited financial statements and includes all adjustments, consisting only of normal recurring adjustments that are necessary to present fairly the financial information for the fiscal quarters presented.

 

2016:

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

Revenue

 

$

10,359

 

 

$

8,494

 

 

$

10,927

 

 

$

29,451

 

Cost of goods sold

 

 

5,337

 

 

 

6,531

 

 

 

5,931

 

 

 

8,770

 

Operating expenses

 

 

2,188

 

 

 

2,214

 

 

 

2,461

 

 

 

5,408

 

Net income (loss)

 

 

382

 

 

 

(2,349

)

 

 

(95

)

 

 

12,441

 

Earnings per share, basic

 

 

0.02

 

 

 

(0.11

)

 

 

 

 

 

0.40

 

Earnings per share, diluted

 

 

0.01

 

 

 

(0.11

)

 

 

 

 

 

0.40

 

Weighted average number of shares

   outstanding, basic

 

 

22,135

 

 

 

22,169

 

 

 

22,189

 

 

 

30,952

 

Weighted average number of shares

   outstanding, diluted

 

 

26,410

 

 

 

22,169

 

 

 

22,189

 

 

 

31,210

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015:

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

Revenue

 

$

13,071

 

 

$

10,437

 

 

$

9,025

 

 

$

15,165

 

Cost of goods sold

 

 

7,804

 

 

 

4,467

 

 

 

4,865

 

 

 

3,867

 

Operating expenses

 

 

2,739

 

 

 

2,805

 

 

 

2,314

 

 

 

2,254

 

Net income (loss)

 

 

203

 

 

 

726

 

 

 

1,796

 

 

 

2,265

 

Earnings per share, basic

 

 

0.01

 

 

 

0.03

 

 

 

0.08

 

 

 

0.10

 

Earnings per share, diluted

 

 

0.01

 

 

 

0.03

 

 

 

0.07

 

 

 

0.09

 

Weighted average number of shares

   outstanding, basic

 

 

22,039

 

 

 

22,092

 

 

 

22,112

 

 

 

22,114

 

Weighted average number of shares

   outstanding, diluted

 

 

26,411

 

 

 

26,410

 

 

 

26,388

 

 

 

26,400