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Quarterly Financial Data (unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of quarterly financial information

 

 

 

Year ended December 31, 2019

 

 

 

(In thousands, except per share data)

 

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product revenue

 

$

1,314

 

 

$

1,274

 

 

$

1,177

 

 

$

1,562

 

Research revenue

 

 

142

 

 

 

71

 

 

 

56

 

 

 

294

 

Contribution revenue

 

 

329

 

 

 

459

 

 

 

444

 

 

 

1,213

 

Total revenue

 

$

1,785

 

 

$

1,804

 

 

$

1,677

 

 

$

3,069

 

Costs and expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of product revenue

 

 

4,388

 

 

 

4,820

 

 

 

3,944

 

 

 

3,611

 

Research and development

 

 

3,901

 

 

 

4,048

 

 

 

4,098

 

 

 

4,279

 

Selling, general and administrative

 

 

7,055

 

 

 

6,722

 

 

 

5,981

 

 

 

7,546

 

Total costs and expenses

 

 

15,344

 

 

 

15,590

 

 

 

14,023

 

 

 

15,436

 

Loss from operations

 

$

(13,559

)

 

$

(13,786

)

 

$

(12,346

)

 

$

(12,367

)

Net loss

 

$

(15,147

)

 

$

(15,647

)

 

$

(14,171

)

 

$

(14,041

)

Per share data:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per common share—basic and diluted

 

$

(0.34

)

 

$

(0.35

)

 

$

(0.31

)

 

$

(0.29

)

 

 

 

Year ended December 31, 2018

 

 

 

(In thousands, except per share data)

 

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product revenue

 

$

1,048

 

 

$

1,220

 

 

$

1,218

 

 

$

1,319

 

Research revenue

 

 

1,263

 

 

 

2,711

 

 

 

1,248

 

 

 

473

 

Total revenue

 

$

2,311

 

 

$

3,931

 

 

$

2,466

 

 

$

1,792

 

Costs and expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of product revenue

 

 

3,273

 

 

 

3,458

 

 

 

3,042

 

 

 

5,631

 

Research and development

 

 

4,718

 

 

 

3,749

 

 

 

2,725

 

 

 

3,297

 

Selling, general and administrative

 

 

5,755

 

 

 

7,611

 

 

 

5,873

 

 

 

6,458

 

Total costs and expenses

 

 

13,746

 

 

 

14,818

 

 

 

11,640

 

 

 

15,386

 

Loss from operations

 

$

(11,435

)

 

$

(10,887

)

 

$

(9,174

)

 

$

(13,594

)

Net loss

 

$

(12,913

)

 

$

(12,324

)

 

$

(10,767

)

 

$

(15,149

)

Per share data:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per common share—basic and diluted

 

$

(0.36

)

 

$

(0.32

)

 

$

(0.25

)

 

$

(0.34

)