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Selected Quarterly Financial Data
12 Months Ended
Dec. 31, 2017
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, 2017. 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, 2017 and 2016 are set forth therein.

 

     Fiscal 2017 Quarter Ended  
     March 31,
2017
     June 30,
2017
     September 30,
2017
     December 31,
2017
 
     (in thousands, except per share amounts)  

Operating expenses

   $ 11,154      $ 10,477      $ 10,183      $ 10,805  

Net loss

   $ (11,092    $ (10,329    $ (9,995    $ (10,599

Basic and diluted net loss per share

   $ (0.26    $ (0.20    $ (0.19    $ (0.20

 

     Fiscal 2016 Quarter Ended  
     March 31,
2016
     June 30,
2016
     September 30,
2016
     December 31,
2016
 
     (in thousands, except per share amounts)  

Operating expenses

   $ 10,613      $ 12,946      $ 15,283      $ 9,233  

Net loss

   $ (10,538    $ (12,872    $ (15,209    $ (9,248

Basic and diluted net loss per share

   $ (0.35    $ (0.43    $ (0.50    $ (0.30