| Selected Quarterly Data (Unaudited) |
Selected Quarterly Data (Unaudited) Summarized unaudited consolidated quarterly information for the years ended December 31, 2016 and 2015 is provided below (in thousands, except per common share data). During the year ended December 31, 2016, we revised our Consolidated Statement of Operations for the year ended December 31, 2015 to reflect the accounting for platform fees paid to third-party websites selling our products. Previously, these fees were presented as a reduction to net revenue when the fees should have been presented as sales and marketing expense. The net impact of the revision on our net revenue and gross profit is presented in the quarterly information below. The revision, which we determined is not a material error, had no impact on the other items presented below. | | | | | | | | | | | | | | | | | | For the Three Months Ended, | | Mar 31, 2016 | | Jun 30, 2016 | | Sep 30, 2016 | | Dec 31, 2016 | | (In thousands, except per share amounts) | Net revenue as previously reported | $ | 18,078 |
| | $ | 19,841 |
| | $ | 19,165 |
| | $ | 43,727 |
| Revision | 441 |
| | 463 |
| | 493 |
| | — |
| Net revenue as revised | 18,519 |
| | 20,304 |
| | 19,658 |
| | 43,727 |
| Gross profit as previously reported | 7,435 |
| | 8,219 |
| | 7,944 |
| | 16,807 |
| Revision | 441 |
| | 463 |
| | 493 |
| | — |
| Gross profit as revised | 7,876 |
| | 8,682 |
| | 8,437 |
| | 16,807 |
| Net (loss) income | (2,981 | ) | | (22,979 | ) | | (3,413 | ) | | 2,903 |
| Total net (loss) income per basic and diluted common share | $ | (0.18 | ) | | $ | (1.37 | ) | | $ | (0.20 | ) | | $ | 0.17 |
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| | | | | | | | | | | | | | | | | | For the Three Months Ended, | | Mar 31, 2015 | | Jun 30, 2015 | | Sep 30, 2015 | | Dec 31, 2015 | | (In thousands, except per share amounts) | Net revenue as previously reported | $ | 23,576 |
| | $ | 21,764 |
| | $ | 19,472 |
| | $ | 39,696 |
| Revision | 616 |
| | 510 |
| | 495 |
| | 996 |
| Net revenue as revised | 24,192 |
| | 22,274 |
| | 19,967 |
| | 40,692 |
| Gross profit as previously reported | 8,702 |
| | 8,888 |
| | 8,009 |
| | 15,840 |
| Revision | 616 |
| | 510 |
| | 495 |
| | 996 |
| Gross profit as revised | 9,318 |
| | 9,398 |
| | 8,504 |
| | 16,836 |
| Net (loss) income from continuing operations | (2,330 | ) | | (1,074 | ) | | (3,670 | ) | | 811 |
| Income (loss) from discontinued operations, net of tax | 14,512 |
| | (7,704 | ) | | 1,610 |
| | — |
| Net income (loss) | 12,182 |
| | (8,778 | ) | | (2,060 | ) | | 811 |
| Net income (loss) per basic and diluted common share from continuing operations | $ | (0.13 | ) | | $ | (0.06 | ) | | $ | (0.21 | ) | | $ | 0.05 |
| Net income (loss) per basic and diluted common share from discontinued operations | $ | 0.83 |
| | $ | (0.44 | ) | | $ | 0.09 |
| | $ | — |
| Total net income (loss) per diluted common share | $ | 0.69 |
| | $ | (0.50 | ) | | $ | (0.12 | ) | | $ | 0.05 |
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