Condensed Quarterly Financial Data (unaudited)

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

Condensed Quarterly Financial Data (unaudited)

18. Condensed Quarterly Financial Data (unaudited)

The following table contains selected unaudited financial data for each quarter of 2015 and 2014. The unaudited information should be read in conjunction with the Company’s financial statements and related notes included elsewhere in this report. The Company believes that the following unaudited information reflects all normal recurring adjustments necessary for a fair statement of the information for the periods presented. The operating results for any quarter are not necessarily indicative of results for any future period.

	Three months ended
	March 31,			June 30,			September 30,			December 31,
	(in thousands, except per share data)
2015
Total revenue	$	11,593		$	13,066		$	15,693		$	22,315
Net loss	$	(14,894	)	$	(12,404	)	$	(9,467	)	$	(8,816	)
Net loss per share – basic and diluted	$	(0.81	)	$	(0.66	)	$	(0.49	)	$	(0.44	)
2014
Total revenue	$	8,751		$	10,881		$	12,343		$	15,618
Net loss	$	(11,422	)	$	(14,088	)	$	(12,148	)	$	(12,380	)
Net loss per share – basic and diluted	$	(0.68	)	$	(0.78	)	$	(0.67	)	$	(0.68	)