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Condensed Quarterly Financial Data (unaudited)
 12 Months Ended
Dec. 31, 2014
Condensed Quarterly Financial Data (unaudited)  
Condensed Quarterly Financial Data (unaudited)

13. Condensed Quarterly Financial Data (unaudited)

The following table contains selected unaudited financial data for each quarter of 2014 and 2013. The unaudited information should be read in conjunction with the Company’s financial statements and related notes included elsewhere in this report. The Company believes that the following information reflects all normal recurring adjustments necessary for a fair presentation of the information for the periods presented. The operating results for any quarter are not necessarily indicative of results for any future period.

Quarterly Financial Data (in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014 Quarter Ended

 

 

    

March 31,

    

June 30,

    

September 30,

    

December 31,

 

Total revenue

 

$
2,184 

 

$
824 

 

$
848 

 

$
5,664 

 

Loss from operations

 

 
(3,767)

 

 
(5,053)

 

 
(6,287)

 

 
(1,350)

 

Net loss

 

 
(3,751)

 

 
(5,044)

 

 
(6,278)

 

 
(1,349)

 

Basic net loss per common share

 

 
(0.12)

 

 
(0.16)

 

 
(0.20)

 

 
(0.04)

 

Diluted net loss per common share

 

$
(0.12)

 

$
(0.16)

 

$
(0.20)

 

$
(0.04)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2013 Quarter Ended

 

 

 

March 31,

 

June 30,

 

September 30,

 

December 31,

 

Total revenue

    

$
1,345 

    

$
3,921 

    

$
3,161 

    

$
1,745 

 

Loss from operations

 

 
(3,961)

 

 
(1,006)

 

 
(1,843)

 

 
(3,710)

 

Net loss

 

 
(4,612)

 

 
(50,109)

 

 
(1,835)

 

 
(3,703)

 

Basic net loss per common share

 

 
(63.78)

 

 
1,341.67 

 

 
(57.87)

 

 
(0.37)

 

Diluted net loss per common share

 

$
(63.78)

 

$
(3.88)

 

$
(57.87)

 

$
(0.37)