XML 38 R20.htm IDEA: XBRL DOCUMENT v3.20.2
Selected Quarterly Financial Information (Unaudited)
 12 Months Ended
Jun. 30, 2020
Selected Quarterly Financial Information (Unaudited)
Note 14. Selected Quarterly Financial Information (Unaudited)
The following table presents our unaudited quarterly results of operations for the years ended June 30, 2020 and 2019 (in thousands, except per share amounts).
 
                                                                           
   
Quarters Ended
  
Year Ended
 
   
June 30,
2020
  
March 31,
2020
  
December 31,
2019
  
September 30,
2019
  
June 30,
2020
 
Total revenues
  
$
25,504
 
 
$
1,244
 
 
$
1,008
 
 
$
1,157
 
 
$
28,913
 
Net loss (1)
  
$
(18,476
) 
 
$
 
 
 
 
(4,329
) 
 
$
(20,217
) 
 
$
(2,994
) 
 
$
(46,016
) 
Basic loss per share
  
$
(0.17
) 
 
$
(0.04
) 
 
$
(0.26
) 
 
$
(0.04
) 
 
$
(0.51
) 
Diluted loss per share
  
$
(0.17
) 
 
$
(0.04
) 
 
$
(0.26
) 
 
$
(0.04
) 
 
$
(0.51
) 
 
                                                                           
   
Quarters Ended
  
Year Ended
 
   
June 30,
2019
  
March 31,
2019
  
December 31,
2018
  
September 30,
2018
  
June 30,
2019
 
Total revenues
  
$
1,129
 
 
$
1,249
 
 
$
2,049
 
 
$
488
 
 
$
4,915
 
Net income (loss) (1)
  
$
3,052
 
 
$
 
 
 
 
(17,354
) 
 
$
12,025
 
 
$
(14,542
) 
 
$
(16,819
) 
Basic income (loss) per share
  
$
0.04
 
 
$
(0.24
) 
 
$
0.17
 
 
$
(0.21
) 
 
$
(0.24
) 
Diluted loss per share
  
$
(0.15
) 
 
$
(0.24
) 
 
$
(0.15
) 
 
$
(0.21
) 
 
$
(0.75
) 
 
(1)
We have experienced large changes in our net loss which relates to the change in fair value of the warrant liability for the years ended June 30, 2020 and 2019. Refer to Note 1 for further discussion.