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Quarterly Results of Operations
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations
Quarterly Results of Operations (Unaudited)
The following table presents selected quarterly results of operations data for the years ended December 31, 2018 and 2017 (in thousands, except per share amounts):

 
Three Months Ended
 
December 31
 
September 30
 
June 30
 
March 31
2018
 
 
 
 
 
 
 
Total Revenue
$
240,120

 
$
204,960

 
$
170,538

 
$
144,363

Cost of customer agreements and incentives
$
65,317

 
$
63,195

 
$
57,769

 
$
54,576

Cost of solar energy systems and product sales
$
89,040

 
$
76,179

 
$
64,268

 
$
64,579

Net loss
$
(49,515
)
 
$
(47,524
)
 
$
(71,727
)
 
$
(91,420
)
Net (loss) income attributable to common stockholders
$
(5,888
)
 
$
(2,896
)
 
$
7,409

 
$
28,032

Net (loss) income per share attributable to common stockholders, basic
$

 
$

 
$

 
$

Net (loss) income per share attributable to common stockholders, diluted
$

 
$

 
$

 
$

2017
 
 
 
 
 
 
 
Total Revenue
$
152,265

 
$
144,546

 
$
130,622

 
$
105,109

Cost of customer agreements and incentives
$
51,234

 
$
47,299

 
$
45,289

 
$
42,613

Cost of solar energy systems and product sales
$
74,174

 
$
69,588

 
$
60,938

 
$
49,431

Net loss
$
(56,035
)
 
$
(82,815
)
 
$
(73,610
)
 
$
(75,155
)
Net income attributable to common stockholders
$
69,254

 
$
28,007

 
$
18,346

 
$
9,882

Net income per share attributable to common stockholders, basic
$
0.65

 
$
0.26

 
$
0.17

 
$
0.09

Net income per share attributable to common stockholders, diluted
$
0.63

 
$
0.26

 
$
0.17

 
$
0.09


In the second and third quarter of 2018, the Company reflected amounts received for ITCs from the investor in a pass-through financing obligation arrangement as proceeds from pass-through financing and other obligations in its consolidated statement of cash flows in the respective 2018 periods. The presentation of amounts received for ITCs from investors in pass-through financing obligation arrangements for the year ended December 31, 2018 are presented in cash from operating activities upon the adoption of Topic 606 in January 2018. Accordingly, $53.5 million and $103.0 million previously reported in cash provided by financing activities during the six months ended June 30, 2018 and nine months ended September 30, 2018 have been reclassed to net cash used in operating activities in the Company’s consolidated statement of cash flows for the year ended December 31, 2018.