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Selected Quarterly Financial Information (unaudited)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Information (unaudited)
Selected Quarterly Financial Information (unaudited)
The following is a summary of the quarterly results of operations for the years ended December 31, 2019 and 2018:
 
2019
 
March 31
 
June 30
 
September 30
 
December 31
Research and development expenses
7,685

 
10,009

 
10,383

 
11,567

General and administrative expenses
5,481

 
5,198

 
4,674

 
6,275

Loss from operations
(13,166
)
 
(15,207
)
 
(15,057
)
 
(17,842
)
Net income (loss) attributable to common stockholders
$
(12,501
)
 
$
(14,443
)
 
$
(14,437
)
 
$
(17,478
)
Basic earnings (loss) per common share
$
(0.30
)
 
$
(0.35
)
 
$
(0.35
)
 
$
(0.39
)
Diluted earnings (loss) per common share
$
(0.30
)
 
$
(0.35
)
 
$
(0.35
)
 
$
(0.39
)

 
2018
 
March 31
 
June 30
 
September 30
 
December 31
Research and development expenses
7,686

 
8,516

 
9,407

 
16,128

General and administrative expenses
5,645

 
6,332

 
5,968

 
5,667

Income (loss) from operations
(13,331
)
 
(14,848
)
 
(15,375
)
 
(21,795
)
Net income (loss) attributable to common stockholders
$
(13,073
)
 
$
(13,209
)
 
$
(14,745
)
 
$
104,114

Basic earnings (loss) per common share
$
(0.36
)
 
$
(0.37
)
 
$
(0.41
)
 
$
2.62

Diluted earnings (loss) per common share
$
(0.36
)
 
$
(0.37
)
 
$
(0.41
)
 
$
2.62