Quarterly Financial Information
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information

NOTE 12—QUARTERLY FINANCIAL INFORMATION (Unaudited)

The following table presents unaudited selected quarterly financial information (in thousands, except per share data) for the periods indicated. This information has been derived from the Company’s unaudited quarterly consolidated financial statements, which in the opinion of management include adjustments, consisting only of normal recurring adjustments, necessary for a fair statement of such information. These operating results are not necessarily indicative of results for any future period.

 

     First
Quarter
    Second
Quarter
    Third
Quarter
    Fourth
Quarter
 

Year Ended December 31, 2014

        

Net sales

   $ 11,624      $ 10,445      $ 8,138      $ 17,937   

Gross profit

     2,073        2,029        1,195        2,956   

Net income (loss)

     55        109        (633 )      730   

Basic and diluted net income (loss) per share

     0.00        0.01        (0.04 )      0.05   

Year Ended December 31, 2013

        

Net sales

   $ 7,821      $ 8,342      $ 9,867      $ 11,865   

Gross profit

     1,382        1,730        1,828        2,002   

Net income (loss)

     (709 )      (47 )      34        125   

Basic and diluted net income (loss) per share

     (0.05 )      (0.00 )      0.00        0.01