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Selected Quarterly Results (Unaudited)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Results (Unaudited)

SELECTED QUARTERLY RESULTS (UNAUDITED)

The following table sets forth certain quarterly financial data for the periods indicated (in thousands, except per share data):

 

     Quarter Ended  
     March 31,
2017
     June 30,
2017
     September 30,
2017
    December 31,
2017
 

Revenue

   $ 29,478      $ 8,744      $ 11,253     $ 12,510  

Gross profit

     23,833        4,573        6,808       7,275  

Income (loss) from operations

     7,903        (12,987 )       (10,045 )      (14,291 ) 

Net income (loss)

     48,325        (14,879 )       (11,951 )      (16,210 ) 

Basic income (loss) per share

     0.89        (0.27 )       (0.21 )      (0.31 ) 

Diluted income (loss) per share

     0.87        (0.27 )       (0.21 )      (0.30 ) 

 

     Quarter Ended  
     March 31,
2016
     June 30,
2016
     September 30,
2016
    December 31,
2016
 

Revenue

   $   3,040      $  5,004      $ 3,571     $  3,931  

Gross profit

     490        910        1,257       1,631  

Loss from operations

     (17,942 )       (15,594 )       (15,199 )      (15,200 ) 

Net loss

     (18,733 )       (16,486 )       (15,977 )      (15,942 ) 

Basic loss per share

     (0.35 )       (0.31 )       (0.30 )      (0.29 ) 

Diluted loss per share

     (0.35 )       (0.31 )       (0.30 )      (0.29 ) 

 

     Quarter Ended  
     March 31,
2015
     June 30,
2015
     September 30,
2015
    December 31,
2015
 

Revenue

   $   13,054      $  1,733      $ 1,235     $  32,209  

Gross profit

     11,930        (888 )       (464 )      29,552  

Income (loss) from operations

     (7,800 )       (18,681 )       (19,652 )      10,954  

Net (loss) income

     (8,193 )       (19,211 )       (20,439 )      10,171  

Basic (loss) income per share

     (0.16 )       (0.37 )       (0.39 )      0.20  

Diluted (loss) income per share

     (0.16 )       (0.37 )       (0.39 )      0.20