Quarterly Financial Data (Unaudited)
|12 Months Ended|
Dec. 31, 2015
|Quarterly Financial Information Disclosure [Abstract]|
|Quarterly Financial Data (Unaudited)||
NOTE 12—QUARTERLY FINANCIAL DATA (UNAUDITED)
The following table presents certain unaudited quarterly financial information for the eight quarters ended December 31, 2015. This information has been prepared on the same basis as the audited consolidated financial statements and includes all adjustments necessary to state fairly the unaudited quarterly results of operations. Net loss per common share, basic and diluted for the four quarters of each fiscal year, may not sum to the total for the fiscal year because of the different weighted average number of shares outstanding in each of the periods.
The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.
Reference 1: http://www.xbrl.org/2003/role/presentationRef