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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
The following tables present selected quarterly financial data for the years ended December 31, 2017 and 2016 (in thousands, except per share data):
 
Three Months Ended
 
March 31,
2017
 
June 30,
2017
 
September 30,
2017
 
December 31,
2017
Total revenues
$
69,283

 
$
70,934

 
$
67,335

 
$
79,078

Cost of goods sold
24,581

 
23,811

 
18,228

 
21,295

Total operating expenses
83,333

 
86,714

 
70,907

 
70,613

Net income (loss)
(19,866
)
 
(19,743
)
 
(7,597
)
 
4,595

Basic and diluted net income (loss) per common share
$
(0.52
)
 
$
(0.49
)
 
$
(0.19
)
 
$
0.11

 
Three Months Ended
 
March 31,
2016
 
June 30,
2016
 
September 30,
2016
 
December 31,
2016
Total revenues
$
65,474

 
$
69,640

 
$
68,355

 
$
72,902

Cost of goods sold
20,278

 
23,053

 
43,152

 
23,621

Total operating expenses
67,728

 
76,084

 
89,220

 
75,363

Net loss
(3,854
)
 
(7,958
)
 
(22,164
)
 
(3,973
)
Basic and diluted net loss per common share
$
(0.10
)
 
$
(0.21
)
 
$
(0.59
)
 
$
(0.11
)
For periods where the Company reported a net loss, no potentially dilutive securities were included in the computation of diluted net loss per share.