Annual report pursuant to Section 13 and 15(d)

Selected Quarterly Financial Data

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Selected Quarterly Financial Data
12 Months Ended
Dec. 31, 2011
Selected Quarterly Financial Data [Abstract]  
Selected Quarterly Financial Data

10. Selected Quarterly Financial Data (Unaudited)

The following table presents the Company's unaudited quarterly financial data for each of the eight quarters in the period ended December 31, 2011. In management's opinion, this information has been presented on the same basis as the audited consolidated financial statements included in a separate section of this report, and all necessary adjustments, consisting only of normal recurring adjustments, have been included in the amounts below to present fairly the unaudited quarterly results when read in conjunction with the audited consolidated financial statements and related notes. The operating results for any quarter should not be relied upon as necessarily indicative of results for any future period.

 

     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 attributable to common stockholders

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

Net loss per share attributable to common stockholders:

        

Basic

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

Diluted

   $ (0.04   $ (0.15   $ (0.35   $ (0.14
     Year Ended December 31, 2010  
     First
Quarter
    Second
Quarter
    Third
Quarter
    Fourth
Quarter
 
     (in thousands)  

Net revenue

   $ 16,137      $ 18,176      $ 18,523      $ 15,865   

Gross profit

     10,979        12,705        13,036        10,421   

Net income

     1,334        1,766        1,352        5,662   

Net income attributable to common stockholders

     119        1,766        1,352        5,662   

Net income per share attributable to common stockholders:

        

Basic

   $ 0.01      $ 0.06      $ 0.04      $ 0.18   

Diluted

   $ 0.01      $ 0.05      $ 0.04      $ 0.17