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Summary of Quarterly Financial Data (unaudited) (Tables)
12 Months Ended
Dec. 31, 2013
Summary of Quarterly Financial Data (unaudited)  
Summary of unaudited quarterly financial data

 

 

 
  Quarter ended  
 
  March 31,   June 30,   September 30,   December 31,  

2013

                         

Total revenues

  $ 1,943   $ 1,706   $ 855   $ 890  

Loss from operations

    (6,785 )   (7,857 )   (7,242 )   (8,618 )

Net loss

    (6,763 )   (7,866 )   (7,251 )   (8,626 )

Basic net loss per share

    (0.20 )   (0.23 )   (0.21 )   (0.24 )

Diluted net loss per share

    (0.20 )   (0.23 )   (0.21 )   (0.24 )

2012

                         

Total revenues

  $ 39,322 (1) $ 923   $ 674   $ 1,397  

Income (loss) from operations

    28,823     (7,957 )   (7,743 )   (9,520 )

Net income (loss)

    28,840     (7,948 )   (7,745 )   (9,517 )

Basic net income (loss) per share

    0.84     (0.23 )   (0.23 )   (0.28 )

Diluted net income (loss) per share

    0.84     (0.23 )   (0.23 )   (0.28 )

Full year amounts may not sum due to rounding.

(1)
In 2012, the Company recognized $38,885 of deferred revenue associated with the termination of its commercial alliance with Archer Daniels Midland Company. See Note 3 to these financial statements for a more detailed explanation for the Company's recognition of this deferred revenue.