Annual report pursuant to Section 13 and 15(d)

Selected Quarterly Financial Data (Unaudited) (Tables)

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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2012
Schedule of Quarterly Financial Information

The following table presents the Company’s unaudited quarterly financial data for each of the eight quarters in the period ended December 31, 2012.  

     Year Ended December 31, 2012  
     First
Quarter
    Second
Quarter
    Third
Quarter
    Fourth
Quarter
 
     (in thousands)  

Net revenue

   $ 20,683      $ 24,420      $ 27,795      $ 24,830   

Gross profit

     12,416        15,122        17,467        15,704   

Net income (loss)

     (6,562     (2,559     450 (1)      (4,581

Net income (loss) per share:

        

Basic

   $ (0.20   $ (0.08   $ 0.01      $ (0.14

Diluted

   $ (0.20   $ (0.08   $ 0.01      $ (0.14
     Year Ended December 31, 2011  
     First
Quarter
    Second
Quarter
    Third
Quarter
    Fourth
Quarter
 
     (in thousands)  

Net revenue

   $ 16,908      $ 18,094      $ 17,639      $ 19,296   

Gross profit

     10,831        11,435        11,332        11,723   

Net loss

     (1,148     (4,796     (11,388     (4,692

Net loss per share:

        

Basic

   $ (0.04   $ (0.15   $ (0.35   $ (0.14

Diluted

   $ (0.04   $ (0.15   $ (0.35   $ (0.14

 

(1) Includes the reduction of the Company’s previously recorded estimate of OFAC penalties and fines by $0.6 million.