SUPPLEMENTARY DATA - QUARTERLY RESULTS OF OPERATION (Tables)
12 Months Ended
Dec. 31, 2017
Selected Quarterly Financial Information [Abstract]  
SUPPLEMENTARY DATA - QUARTERLY RESULTS OF OPERATION
Selected unaudited quarterly consolidated financial data is shown below (in thousands except per share amounts):
 
 
 
For Three Month Periods Ended
 
 
 
Mar. 31,
2017
 
June 30,
2017
 
Sept. 30,
2017
 
Dec. 31,
2017
 
Net revenues
 
$
2,717
 
$
92
 
$
83
 
$
74
 
Operating expenses
 
 
2,135
 
 
2,083
 
 
2,145
 
 
1,828
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating income (loss)
 
 
582
 
 
(1,991)
 
 
(2,062)
 
 
(1,754)
 
Net income (loss)
 
$
405
 
$
(2,149)
 
$
(2,200)
 
$
(1,738)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic income (loss) per share
 
$
0.03
 
$
(0.18)
 
$
(0.12)
 
$
(0.08)
 
Diluted income (loss) per share
 
$
0.03
 
$
(0.18)
 
$
(0.12)
 
$
(0.08)
 
 
 
 
For Three Month Periods Ended
 
 
 
Mar. 31,
2016
 
June 30,
2016
 
Sept. 30,
2016
 
Dec. 31,
2016
 
Net revenues
 
$
224
 
$
257
 
$
218
 
$
3,765
 
Operating expenses
 
 
3,362
 
 
3,336
 
 
2,287
 
 
2,036
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating (loss) income
 
 
(3,138)
 
 
(3,079)
 
 
(2,069)
 
 
1,729
 
Net (loss) income
 
$
(3,384)
 
$
(3,288)
 
$
(2,250)
 
$
1,534
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic (loss) income per share
 
$
(0.28)
 
$
(0.28)
 
$
(0.19)
 
$
0.13
 
Diluted (loss) income per share
 
$
(0.28)
 
$
(0.28)
 
$
(0.19)
 
$
0.13