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

15.

Selected quarterly consolidated financial data (unaudited):

The following table presents certain unaudited quarterly consolidated financial information for the years ended December 31, 2017 and 2016 (in thousands of U.S. dollars except per share amounts). This information reflects all normal recurring adjustments, which are, in the opinion of management, necessary for a fair statement of the results of the interim periods.

 

 

 

Three Months Ended

 

 

 

March 31,

2017

 

 

June 30,

2017

 

 

September 30,

2017

 

 

December 31,

2017

 

Revenue

 

$

16

 

 

$

15

 

 

$

264

 

 

$

16

 

Loss from operations

 

 

(7,987

)

 

 

(7,893

)

 

 

(8,644

)

 

 

(8,051

)

Net loss

 

 

(7,517

)

 

 

(7,380

)

 

 

(7,742

)

 

 

(8,065

)

Basic net loss per common share

 

$

(0.42

)

 

$

(0.41

)

 

$

(0.43

)

 

$

(0.45

)

Diluted net loss per common share

 

$

(0.43

)

 

$

(0.41

)

 

$

(0.43

)

 

$

(0.45

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

March 31,

2016

 

 

June 30,

2016

 

 

September 30,

2016

 

 

December 31,

2016

 

Revenue

 

$

601

 

 

$

413

 

 

$

413

 

 

$

376

 

Loss from operations

 

 

(5,658

)

 

 

(6,366

)

 

 

(7,331

)

 

 

(5,462

)

Net loss

 

 

(3,263

)

 

 

(6,016

)

 

 

(7,714

)

 

 

(6,004

)

Basic and diluted net loss per common share

 

$

(0.23

)

 

$

(0.42

)

 

$

(0.51

)

 

$

(0.34

)