Annual report pursuant to Section 13 and 15(d)

Selected Quarterly Financial Information (Unaudited)

v3.20.1
Selected Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Information (Unaudited)

14. Selected Quarterly Financial Information (Unaudited)

The following amounts are in thousands, except per share amounts:

 

 

 

Quarter Ended

 

(in thousands, except per share amounts)

 

March 31, 2019

 

 

June 30, 2019

 

 

September 30, 2019

 

 

December 31, 2019

 

 

 

(Unaudited)

 

Operating expenses

 

$

8,309

 

 

$

9,355

 

 

$

9,681

 

 

$

9,997

 

Net loss

 

$

(7,642

)

 

$

(8,718

)

 

$

(9,148

)

 

$

(9,579

)

Net loss per share, basic and diluted

 

$

(0.40

)

 

$

(0.46

)

 

$

(0.48

)

 

$

(0.50

)

 

 

 

Quarter Ended

 

(in thousands, except per share amounts)

 

March 31, 2018

 

 

June 30, 2018

 

 

September 30, 2018

 

 

December 31, 2018

 

 

 

(Unaudited)

 

Operating expenses

 

$

5,086

 

 

$

6,950

 

 

$

6,264

 

 

$

6,426

 

Net loss

 

$

(4,947

)

 

$

(6,775

)

 

$

(5,663

)

 

$

(5,782

)

Net loss per share, basic and diluted

 

$

(6.53

)

 

$

(3.31

)

 

$

(0.30

)

 

$

(0.30

)

 

Basic and diluted net loss per share is computed independently for each of the quarters presented. Therefore, the sum of quarterly basic and diluted per share amounts may not equal annual basic and diluted net loss per share amounts.