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Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (Unaudited)

Note 17. Quarterly Financial Information (Unaudited)

The following tables summarize the Company’s quarterly financial information for the years ended December 31, 2017 and 2016 (in thousands except per share amounts):

 

 

 

Three Months Ended

 

 

 

March 31,

2017

 

 

June 30,

2017

 

 

September 30,

2017

 

 

December 31,

2017

 

Product revenue

 

$

7,006

 

 

$

9,525

 

 

$

10,797

 

 

$

16,240

 

Gross profit on product revenue

 

 

3,312

 

 

 

5,165

 

 

 

5,449

 

 

 

7,111

 

Government contract revenue

 

 

1,428

 

 

 

1,667

 

 

 

2,285

 

 

 

2,378

 

Net loss

 

 

(18,598

)

 

 

(17,083

)

 

 

(13,418

)

 

 

(11,486

)

Net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

(0.18

)

 

 

(0.16

)

 

 

(0.12

)

 

 

(0.10

)

Diluted

 

 

(0.18

)

 

 

(0.16

)

 

 

(0.12

)

 

 

(0.10

)

 

 

 

 

Three Months Ended

 

 

 

March 31,

2016

 

 

June 30,

2016

 

 

September 30,

2016

 

 

December 31,

2016

 

Product revenue

 

$

7,632

 

 

$

9,251

 

 

$

10,175

 

 

$

10,125

 

Gross profit on product revenue

 

 

3,369

 

 

 

4,275

 

 

 

4,724

 

 

 

4,520

 

Government contract revenue

 

 

 

 

 

 

 

 

261

 

 

 

1,831

 

Net loss

 

 

(16,863

)

 

 

(18,166

)

 

 

(14,376

)

 

 

(13,501

)

Net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

(0.17

)

 

 

(0.18

)

 

 

(0.14

)

 

 

(0.13

)

Diluted

 

 

(0.17

)

 

 

(0.18

)

 

 

(0.14

)

 

 

(0.13

)