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SUPPLEMENTARY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2018
SUPPLEMENTARY FINANCIAL DATA (UNAUDITED)  
SUPPLEMENTARY FINANCIAL DATA (UNAUDITED)

SUPPLEMENTARY FINANCIAL DATA (UNAUDITED)

(In thousands, except per share data)

The following table presents certain unaudited consolidated quarterly financial information for the eight quarters in the periods ended December 31, 2018 and 2017. This information has been prepared on the same basis as the audited consolidated financial statements and includes all adjustments (consisting only of normal recurring adjustments) necessary to present fairly the unaudited quarterly results of operations set forth herein.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Quarters Ended

 

    

March 31, 

    

June 30, 

    

September 30, 

    

December 31, 

2018

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue 

 

$

8,319

 

$

23,476

 

$

12,838

 

$

15,737

Costs and expenses

 

 

73,295

 

 

72,180

 

 

75,288

 

 

78,358

Loss from operations

 

 

(64,976)

 

 

(48,704)

 

 

(62,450)

 

 

(62,621)

Net loss

 

 

(65,087)

 

 

(40,818)

 

 

(59,433)

 

 

(50,186)

Basic and diluted net loss per share

 

$

(1.22)

 

$

(0.76)

 

$

(1.10)

 

$

(0.92)

2017

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue

 

$

3,087

 

$

3,509

 

$

4,275

 

$

4,515

Costs and expenses

 

 

61,916

 

 

68,630

 

 

61,272

 

 

83,691

Loss from operations

 

 

(58,829)

 

 

(65,121)

 

 

(56,997)

 

 

(79,176)

Net loss

 

 

(65,319)

 

 

(66,287)

 

 

(66,877)

 

 

(86,922)

Basic and diluted net loss per share

 

$

(1.27)

 

$

(1.27)

 

$

(1.27)

 

$

(1.64)