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Quarterly Consolidated Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Consolidated Financial Data (Unaudited)

Note 13. Quarterly Consolidated Financial Data (Unaudited)

 

 

 

2020

 

 

 

Mar. 31

 

 

June 30

 

 

Sept. 30

 

 

Dec. 31

 

Total operating expenses

 

$

32,491,457

 

 

$

17,778,834

 

 

$

21,126,801

 

 

$

27,744,236

 

Net loss

 

$

(32,484,146

)

 

$

(18,326,992

)

 

$

(22,924,815

)

 

$

(29,164,647

)

Net loss per common share, basic and diluted (1)

 

$

(0.88

)

 

$

(0.49

)

 

$

(0.61

)

 

$

(0.79

)

 

 

 

2019

 

 

 

Mar. 31

 

 

June 30

 

 

Sept. 30

 

 

Dec. 31

 

Total operating expenses

 

$

10,421,473

 

 

$

13,448,219

 

 

$

18,947,235

 

 

$

24,428,170

 

Net loss

 

$

(10,640,376

)

 

$

(13,762,214

)

 

$

(19,135,612

)

 

$

(24,806,984

)

Net loss per common share, basic and diluted (1)

 

$

(0.32

)

 

$

(0.41

)

 

$

(0.56

)

 

$

(0.71

)

 

(1)

Basic and diluted net loss per common share is computed independently for each of the quarters presented. Therefore, the sum of all quarterly basic and fully diluted net loss per common share may not equal the annual basic and diluted net loss per common share.