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Quarterly Financial Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Unaudited Financial Data

The following tables summarize the Company’s quarterly financial information for the years ended December 31, 2018 and 2017 (in thousands except per share amounts):

 

 

 

Three Months Ended

 

 

 

March 31,

2018

 

 

June 30,

2018

 

 

September 30,

2018

 

 

December 31,

2018

 

Product revenue

 

$

13,564

 

 

$

15,420

 

 

$

15,399

 

 

$

16,525

 

Gross profit on product revenue

 

 

6,234

 

 

 

7,700

 

 

 

7,257

 

 

 

8,083

 

Government contract revenue

 

 

3,455

 

 

 

4,047

 

 

 

3,928

 

 

 

3,713

 

Net loss

 

 

(13,885

)

 

 

(13,282

)

 

 

(14,192

)

 

 

(16,205

)

Net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

(0.11

)

 

 

(0.10

)

 

 

(0.11

)

 

 

(0.12

)

Diluted

 

 

(0.11

)

 

 

(0.10

)

 

 

(0.11

)

 

 

(0.12

)

 

 

 

 

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

)