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Selected Quarterly Financial Data
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data
13. Selected Quarterly Financial Data (Unaudited)

The following tables present certain selected unaudited consolidated quarterly financial information for each of the eight quarters ended December 31, 2015. This consolidated quarterly information has been prepared on the same basis as the consolidated financial statements and includes all adjustments necessary to state fairly the information for the periods presented. The Selected consolidated quarterly financial results from operations for the years ended December 31, 2015 and 2014 are set forth therein. Net loss per share for all periods presented has been retroactively adjusted to reflect the 7.45-for-1 reverse stock split effected on June 29, 2015.

 

    Fiscal 2015 Quarter Ended  
    March 31,
2015
    June 30,
2015
    September 30,
2015
    December 31,
2015
 
    (in thousands, except per share amounts)  

Operating expenses

  $ 6,737      $ 6,612      $ 11,033      $ 11,446   

Net loss

  $ (8,048   $ (15,249   $ (18,505   $ (11,458

Net loss attributable to common stockholders

  $ (19,053   $ (156,129   $ (266,544   $ (11,458

Basic and diluted net loss per share

  $ (12.83   $ (104.10   $ (11.03   $ (0.38

 

    Fiscal 2014 Quarter Ended  
    March 31,
2014
    June 30,
2014
    September 30,
2014
    December 31,
2014
 
    (in thousands, except per share amounts)  

Operating expenses

  $ 2,320      $ 13,508      $ 3,480      $ 3,270   

Net loss

  $ (2,467   $ (13,824   $ (3,961   $ (3,621

Net loss attributable to common stockholders

  $ (4,909   $ (50,657   $ (9,552   $ (8,604

Basic and diluted net loss per share

  $ (5.77   $ (55.04   $ (9.37   $ (5.85