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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information

The following table contains quarterly financial information for fiscal years 2017 and 2016. The Company believes that the following information reflects all normal recurring adjustments necessary for a fair statement of the information for the periods presented.

 

 

 

First

Quarter

 

 

Second

Quarter

 

 

Third

Quarter

 

 

Fourth

Quarter

 

2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

26,328

 

 

$

35,004

 

 

$

42,658

 

 

$

48,913

 

Costs and expenses

 

$

73,015

 

 

$

79,318

 

 

$

75,084

 

 

$

86,429

 

Net loss

 

$

(46,453

)

 

$

(44,258

)

 

$

(32,644

)

 

$

(38,111

)

Basic and diluted net loss per share

 

$

(1.31

)

 

$

(1.24

)

 

$

(0.90

)

 

$

(1.05

)

2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

30,378

 

 

$

28,237

 

 

$

29,426

 

 

$

28,824

 

Costs and expenses

 

$

47,863

 

 

$

57,439

 

 

$

60,850

 

 

$

64,529

 

Net loss

 

$

(17,307

)

 

$

(28,994

)

 

$

(31,282

)

 

$

(35,609

)

Basic and diluted net loss per share

 

$

(0.50

)

 

$

(0.84

)

 

$

(0.90

)

 

$

(1.02

)