Quarterly Financial Data

12 Months Ended

Mar. 31, 2015

18. Quarterly Financial Data (Unaudited)

(In thousands, except per share amount)	For the year ended March 31, 2015:
Three Months Ended	June 30,			September 30,			December 31,			March 31,
	2014			2014			2014			2015
Total revenue	$	11,696		$	12,455		$	21,250		$	25,129
Operating loss		(12,667	)		(26,400	)		(7,735	)		(5,715	)
Net loss		(13,517	)		(25,423	)		(6,353	)		(3,363	)
Net loss per common share—basic		(1.74	)		(3.12	)		(0.72	)		(0.36	)
Net loss per common share—diluted		(1.74	)		(3.12	)		(0.72	)		(0.36	)

	For the year ended March 31, 2014:
Three Months Ended	June 30,			September 30,			December 31,			March 31,
	2013			2013			2013			2014
Total revenue	$	23,086		$	24,181		$	20,563		$	16,287
Operating loss		(8,850	)		(11,028	)		(6,675	)		(14,876	)
Net loss		(10,513	)		(14,623	)		(8,417	)		(22,705	)
Net loss per common share—basic		(1.80	)		(2.39	)		(1.35	)		(3.30	)
Net loss per common share—diluted		(1.80	)		(2.39	)		(1.35	)		(3.30	)

- Definition

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.

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