| Summary of Quarterly Results of Operations |
The following is a summary of the quarterly results of operations for the years ended December 31, 2016 and 2015:
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For the Three Months Ended
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December 31, 2016
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September 30, 2016
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June 30, 2016
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March 31, 2016
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Revenues
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$
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12,625,966
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$
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12,439,279
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$
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9,856,317
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$
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8,512,305
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Gross Profit
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5,476,403
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|
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5,576,287
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4,546,761
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3,677,624
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Total operating expenses
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4,345,198
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4,345,965
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3,572,915
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3,560,830
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Net income
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1,100,302
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1,183,044
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1,311,209
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139,153
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Basic net income (loss) per share
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$
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0.14
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$
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0.21
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$
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0.97
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$
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(0.70
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)
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Diluted net income (loss) per share
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$
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0.12
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$
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0.16
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$
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0.15
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$
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(0.82
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)
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For the Three Months Ended
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December 31, 2015
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September 30, 2015
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June 30, 2015
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March 31, 2015
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Revenues
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$
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9,333,483
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$
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6,668,732
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$
|
6,058,125
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$
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5,732,733
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Gross Profit
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3,842,816
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2,775,075
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|
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2,544,324
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|
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2,482,695
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Total operating expenses
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3,646,865
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2,846,106
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2,717,331
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2,765,309
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Net income (loss)
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(42,159
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)
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|
669
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|
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(171,352
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)
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(57,500
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)
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Basic net loss per share
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$
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(0.99
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)
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$
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(0.93
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)
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$
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(1.20
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)
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$
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(1.05
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)
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Diluted net loss per share
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$
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(0.99
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)
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$
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(1.05
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)
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$
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(1.22
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)
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$
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(1.44
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)
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