Because we have a limited operating history to evaluate our company, the likelihood of our success must be considered in light of the problems, expenses, difficulties, complications and delays frequently encountered by an early-stage company.
Since we have a limited operating history in our current business of patent licensing and monetization, it will make it difficult for investors and securities analysts to evaluate our business and prospects. You must consider our prospects in light of the risks, expenses and difficulties we face as an early stage company with a limited operating history. Investors should evaluate an investment in our securities in light of the uncertainties encountered by early-stage companies in an intensely competitive industry and in which the potential licenses and/or defendants from which we seek to obtain recoveries are largely well capitalized companies with resources (financial and otherwise) significantly greater than us. There can be no assurance that our efforts will be successful or that we will be able to become profitable.
We continue to incur operating losses and may not achieve profitability.
Our loss from operations for the years ended December 31, 2015 and 2014 was $52.0 million and $30.6 million, respectively. Our net loss attributable to common stockholders for the years ended December 31, 2015 and 2014 was $42.3 million and $30.5 million, respectively. Our accumulated deficit was $135.3 million at December 31, 2015.
Our loss from operations for the three and six months ended June 30, 2016 was $1.6 million and 3.2 million. Our net income attributable to common stockholders for the three and six months ended June 30, 2016 was $29.4 million and $29.4 million. Our accumulated deficit was $137.4 million at June 30, 2016. We may not achieve profitable operations.
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