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Selected Quarterly Information (unaudited)
12 Months Ended
Dec. 31, 2011
Selected Quarterly Information (unaudited)  
Selected Quarterly Information (unaudited)

16             Selected Quarterly Information (unaudited)

 

The following unaudited quarterly financial information includes, in management’s opinion, all the normal and recurring adjustments necessary to fairly state the results of operations and related information for the periods presented.

 

 

 

For the three months ended

 

 

 

March 31,
2011

 

June 30,
2011

 

September
30,
2011

 

December
31,
2011

 

 

 

$000, except per share amounts

 

Revenues

 

192

 

168

 

164

 

175

 

Loss before taxes

 

(4,779

)

(3,678

)

(3,571

)

(3,780

)

Net loss applicable to common shareholders

 

(4,770

)

(3,734

)

(3,627

)

(3,840

)

Net loss per share — basic and diluted (1)

 

$

(0.10

)

$

(0.08

)

$

(0.07

)

$

(0.07

)

 

 

 

For the three months ended

 

 

 

March 31,
2010

 

June 30,
2010

 

September
30,
2010

 

December
31,
2010

 

 

 

$000, except per share amounts

 

Revenues

 

271

 

119

 

159

 

137

 

Loss before taxes

 

(5,244

)

(4,163

)

(3,950

)

(3,321

)

Net loss applicable to common shareholders

 

(5,819

)

(6,543

)

(3,989

)

(3,352

)

Net loss per share — basic and diluted (1)

 

$

(0.18

)

$

(0.18

)

$

(0.11

)

$

(0.07

)

 

(1) The addition of loss per common share by quarter may not equal the total loss per common share for the year or year to date due to rounding.