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Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2019
Selected Quarterly Financial Data (Unaudited)  
Selected Quarterly Financial Data (Unaudited)

18.         SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

Selected quarterly financial results from operations for the years ended December 31, 2019 and 2018 are as follows (in thousands, except per share amounts):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2019 Quarter Ended

 

    

March 31

    

June 30

    

September 30

    

December 31

Total revenue

 

$

 —

 

$

18

 

$

3,013

 

$

2,250

Gross profit

 

$

 —

 

$

18

 

$

2,413

 

$

2,250

Operating expenses

 

$

25,498

 

$

24,846

 

$

24,502

 

$

21,098

Net loss

 

$

(26,144)

 

$

(25,467)

 

$

(23,539)

 

$

(19,790)

Net loss per share - basic and diluted

 

$

(0.42)

 

$

(0.41)

 

$

(0.37)

 

$

(0.27)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018 Quarter Ended

 

    

March 31

    

June 30

    

September 30

    

December 31

Total revenue

 

$

2,320

 

$

30

 

$

172

 

$

85

Gross profit

 

$

1,856

 

$

30

 

$

170

 

$

85

Operating expenses

 

$

19,541

 

$

22,184

 

$

23,902

 

$

27,461

Net loss

 

$

(17,019)

 

$

(22,291)

 

$

(24,126)

 

$

(27,862)

Net loss per share - basic and diluted

 

$

(0.36)

 

$

(0.42)

 

$

(0.39)

 

$

(0.45)