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Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (Unaudited)
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
The following table represents certain unaudited quarterly information for the eight quarters ended December 31, 2017. This data has been derived from unaudited consolidated financial statements that, in the opinion of the Company’s management, include all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of such information when read in conjunction with the Company’s annual audited consolidated financial statements and notes thereto appearing elsewhere in this report. These operating results are not necessarily indicative of results for any future period (in thousands, except per share data):
 
Year Ended December 31, 2017
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Total net revenues
$

 
 
$
2

 
 
$
1

 
 
$
568

(1)
Gross profit(2)

 
 

 
 

 
 
551

 
Net loss
(16,028
)
 
 
(20,745
)
 
 
(23,360
)
 
 
(29,357
)
 
Net loss per share, basic and diluted
(0.72
)
 
 
(0.93
)
 
 
(1.04
)
 
 
(1.27
)
 
 
Year Ended December 31, 2016
 
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Total net revenues
$
175

 
 
$
222

 
 
$
138

 
 
$
37

 
Gross profit

 
 

 
 

 
 

 
Net loss
(13,828
)
 
 
(16,876
)
 
 
(14,394
)
 
 
(14,960
)
 
Net loss per share, basic and diluted
(0.65
)
 
 
(0.78
)
 
 
(0.66
)
 
 
(0.68
)
 

(1)
In the fourth quarter of 2017 the Company commenced commercial sales of GOCOVRI.
(2)
Gross profit is computed by subtracting cost of product sales from product sales, net.