While we have experienced revenue growth over these same periods, we may not be able to achieve profitability in the future or on a consistent basis. We experienced net losses of $10.6 million for 2013, $9.4 million for 2014, and $21.6 million for 2015 and we have an accumulated deficit of approximately $160.9 million as of December 31, 2015. These risks include, but are not limited to, those set forth under Item 1A of this Annual Report.
Forward-looking statements are based on information available at the time those statements are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at or by which such performance or results will be achieved.
We have based these forward-looking statements on our current expectations and projections about future events and financial trends affecting the financial condition of our business. In light of risks and uncertainties discussed in this Annual Report, the forward-looking events and circumstances discussed in this Annual Report may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. The words “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “predict,” “potential,” and similar expressions, as well as the negatives thereof, as they relate to us, our business, our management, and our industry, are intended to identify forward-looking statements. This Annual Report on Form 10-K (this "Annual Report"), including the sections entitled “Business,” “Risk Factors,” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” includes forward-looking statements.
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