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

The following table sets forth unaudited quarterly consolidated statements of operations data for each of the eight quarters in the period ended December 31, 2016. The Company has prepared the unaudited quarterly consolidated statements of operations data on a basis consistent with the audited annual consolidated financial statements.  In the opinion of management, the financial information in this table reflects all adjustments, consisting of normal and recurring adjustments, necessary for the fair statement of this data.

 

 

 

Quarter Ended

 

 

 

2016

 

 

2015

 

 

 

December 31,

 

 

September 30,

 

 

June 30,

 

 

March 31,

 

 

December 31,

 

 

September 30,

 

 

June 30,

 

 

March 31,

 

 

 

(in thousands, except per share data)

 

Revenues

 

$

35,340

 

 

$

32,196

 

 

$

29,026

 

 

$

26,561

 

 

$

24,474

 

 

$

21,661

 

 

$

19,425

 

 

$

18,047

 

Gross profit

 

 

26,673

 

 

 

24,655

 

 

 

21,963

 

 

 

19,621

 

 

 

18,127

 

 

 

15,718

 

 

 

13,939

 

 

 

13,094

 

Net loss

 

$

(15,664

)

 

$

(6,619

)

 

$

(7,541

)

 

$

(9,335

)

 

$

(7,207

)

 

$

(6,735

)

 

$

(6,538

)

 

$

(4,254

)

Net loss per share, basic and

   diluted

 

$

(0.33

)

 

$

(0.16

)

 

$

(0.19

)

 

$

(0.23

)

 

$

(0.18

)

 

$

(0.17

)

 

$

(0.16

)

 

$

(0.11

)