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Selected Quarterly Data (Unaudited)
 12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Data (Unaudited)

(17)

Selected Quarterly Data (Unaudited)

The following tables contain quarterly financial information for 2019 and 2018 (in thousands).  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.

 

 

 

2019 Quarter Ended

 

 

 

March 31

 

 

June 30

 

 

September 30

 

 

December 31

 

Revenue

 

$

338

 

 

$

350

 

 

$

305

 

 

$

1,231

 

Operating expenses

 

 

14,035

 

 

 

13,445

 

 

 

14,443

 

 

 

14,710

 

Loss from operations

 

 

(13,697

)

 

 

(13,095

)

 

 

(14,138

)

 

 

(13,479

)

Net loss

 

 

(12,946

)

 

 

(12,344

)

 

 

(13,285

)

 

 

(12,798

)

Net loss per share - basic and diluted

 

$

(0.51

)

 

$

(0.45

)

 

$

(0.39

)

 

$

(0.37

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018 Quarter Ended

 

 

 

March 31

 

 

June 30

 

 

September 30

 

 

December 31

 

Revenue

 

$

354

 

 

$

254

 

 

$

1,801

 

 

$

111

 

Operating expenses

 

 

11,990

 

 

 

15,606

 

 

 

13,335

 

 

 

12,819

 

Loss from operations

 

 

(11,636

)

 

 

(15,352

)

 

 

(11,534

)

 

 

(12,708

)

Net loss

 

 

(11,165

)

 

 

(14,591

)

 

 

(10,748

)

 

 

(11,931

)

Net loss per share - basic and diluted

 

$

(0.55

)

 

$

(0.59

)

 

$

(0.43

)

 

$

(0.47

)