Annual report pursuant to Section 13 and 15(d)

Supplemental Quarterly Data - Unaudited

v3.3.1.900
Supplemental Quarterly Data - Unaudited
12 Months Ended
Dec. 31, 2015
Supplemental Income Statement Elements [Abstract]  
Supplemental Quarterly Data - Unaudited
Supplemental Quarterly Data – Unaudited (In thousands, except per share data)
 
2014
 
2015
 
First
 
Second
 
Third
 
Fourth
 
First
 
Second
 
Third
 
Fourth
Revenues
$
3,929

 
$
8,404

 
$
5,853

 
$
8,335

 
$
5,969

 
$
8,764

 
$
9,602

 
$
10,119

Cost of revenues
2,539

 
4,242

 
3,223

 
4,468

 
3,775

 
4,492

 
4,870

 
4,362

Gross profit
1,390

 
4,162

 
2,630

 
3,867

 
2,194

 
4,272

 
4,732

 
5,757

Operating expenses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Research and development
2,024

 
2,264

 
2,321

 
2,897

 
2,802

 
2,858

 
2,848

 
2,181

Sales and marketing
3,759

 
4,601

 
4,157

 
5,474

 
4,828

 
4,740

 
4,706

 
3,720

General and administrative
2,758

 
2,820

 
3,316

 
3,732

 
4,364

 
3,558

 
4,353

 
4,603

Amortization of intangibles
157

 
156

 
157

 
182

 
199

 
200

 
200

 
199

Total operating expenses
8,698

 
9,841

 
9,951

 
12,285

 
12,193

 
11,356

 
12,107

 
10,703

Operating loss
(7,308
)
 
(5,679
)
 
(7,321
)
 
(8,418
)
 
(9,999
)
 
(7,084
)
 
(7,375
)
 
(4,946
)
Other income (expense):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest, net
12

 
10

 
11

 
27

 
16

 
15

 
(10
)
 
(14
)
Other, net
(27
)
 
(6
)
 
(61
)
 
(147
)
 
(64
)
 
(4
)
 
(89
)
 
26

Total other income (loss), net
(15
)
 
4

 
(50
)
 
(120
)
 
(48
)
 
11

 
(99
)
 
12

Loss before income taxes
(7,323
)
 
(5,675
)
 
(7,371
)
 
(8,538
)
 
(10,047
)
 
(7,073
)
 
(7,474
)
 
(4,934
)
Income tax benefit
(1,150
)
 
(296
)
 
(4,492
)
 
(626
)
 
(174
)
 
(146
)
 
(163
)
 
(357
)
Net loss from continuing operations
(6,173
)
 
(5,379
)
 
(2,879
)
 
(7,912
)
 
(9,873
)
 
(6,927
)
 
(7,311
)
 
(4,577
)
Net income (loss) from discontinued operations, net of tax
2,244

 
562

 
11,559

 
(542
)
 
(67
)
 
(22
)
 
79

 

Net income (loss)
$
(3,929
)
 
$
(4,817
)
 
$
8,680

 
$
(8,454
)
 
$
(9,940
)
 
$
(6,949
)
 
$
(7,232
)
 
$
(4,577
)
Net income (loss) per basic and diluted share
$
(0.45
)
 
$
(0.55
)
 
$
0.99

 
$
(0.93
)
 
$
(1.08
)
 
$
(0.75
)
 
$
(0.78
)
 
$
(0.50
)