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Quarterly Financial Information
 12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information
Note 16 – Quarterly Financial Information (Unaudited)
 
The Company’s unaudited quarterly information for the years ended December 31, 2016 and 2015 is as follows:
 
 
 
Quarter Ended
 
 
 
March 31
 
June 30
 
September 30
 
December 31
 
 
 
(in thousands, except per share data)
 
2016:
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
4,218
 
$
2,505
 
$
3,231
 
$
5,399
 
Net loss
 
$
(77,252)
 
$
(79,351)
 
$
(66,254)
 
$
(57,109)
 
Net loss per share
 
$
(0.29)
 
$
(0.29)
 
$
(0.24)
 
$
(0.21)
 
 
 
 
Quarter Ended
 
 
 
March 31
 
June 30
 
September 30
 
December 31
 
 
 
(in thousands, except per share data)
 
2015:
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
9,877
 
$
13,996
 
$
6,525
 
$
5,853
 
Net loss
 
$
(24,370)
 
$
(20,641)
 
$
(33,120)
 
$
(78,806)
 
Net loss per share
 
$
(0.10)
 
$
(0.08)
 
$
(0.12)
 
$
(0.29)
 
 
The net loss per share was calculated for each three-month period on a stand-alone basis. As a result, the sum of the net loss per share for the four quarters may not equal the net loss per share for the respective twelve-month period.