| Note 17 - Selected Quarterly Results of Operations (unaudited) |
A summary of the Company’s quarterly
results of operations for the years ended June 30, 2016 and 2015 is as follows (rounded to nearest thousand, except for
shares):
| |
|
|
Years Ended June 30, 2016 |
|
|
|
|
Quarter 1
2016 |
|
|
Quarter 2
2016 |
|
|
Quarter 3
2016 |
|
|
Quarter 4
2016 |
|
|
Total
2016 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
| Gross profit |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
| Net loss |
|
|
$ |
(2,577,000 |
) |
|
$ |
(3,323,000 |
) |
|
$ |
(3,709,000 |
) |
|
$ |
(3,243,000 |
) |
|
$ |
(12,852,000 |
) |
| Net loss attributable to common stockholders |
|
|
$ |
(2,577,000 |
) |
|
$ |
(3,323,000 |
) |
|
$ |
(3,709,000 |
) |
|
$ |
(3,243,000 |
) |
|
$ |
(12,852,000 |
) |
| Loss per share attributable to common stockholders |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
-Basic |
|
|
$ |
(0.02 |
) |
|
$ |
(0.03 |
) |
|
$ |
(0.03 |
) |
|
$ |
(0.03 |
) |
|
$ |
(0.11 |
) |
| |
-Diluted |
|
|
$ |
(0.02 |
) |
|
$ |
(0.03 |
) |
|
$ |
(0.03 |
) |
|
$ |
(0.03 |
) |
|
$ |
(0.11 |
) |
| Weighted average number of common shares |
|
|
|
118,140,424 |
|
|
|
118,673,362 |
|
|
|
120,204,272 |
|
|
|
122,647,514 |
|
|
|
119,908,145 |
|
| |
|
|
Years Ended June 30, 2015 |
|
|
|
|
Quarter 1
2015 |
|
|
Quarter 2
2015 |
|
|
Quarter 3
2015 |
|
|
Quarter 4
2015 |
|
|
Total
2015 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
| Gross profit |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
| Net loss |
|
|
$ |
(4,395,000 |
) |
|
$ |
(2,754,000 |
) |
|
$ |
(2,895,000 |
) |
|
$ |
(3,101,000 |
) |
|
$ |
(13,145,000 |
) |
| Net loss attributable to common stockholders |
|
|
$ |
(4,395,000 |
) |
|
$ |
(2,754,000 |
) |
|
$ |
(2,895,000 |
) |
|
$ |
(3,101,000 |
) |
|
$ |
(13,145,000 |
) |
| Loss per share attributable to common stockholders |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
-Basic |
|
|
$ |
(0.04 |
) |
|
$ |
(0.02 |
) |
|
$ |
(0.02 |
) |
|
$ |
(0.02 |
) |
|
$ |
(0.11 |
) |
| |
-Diluted |
|
|
$ |
(0.04 |
) |
|
$ |
(0.02 |
) |
|
$ |
(0.02 |
) |
|
$ |
(0.02 |
) |
|
$ |
(0.11 |
) |
| Weighted average number of common shares |
|
|
|
111,121,912 |
|
|
|
114,716,009 |
|
|
|
116,885,350 |
|
|
|
117,693,617 |
|
|
|
115,087,368 |
|
|