XML 92 R23.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
SUPPLEMENTARY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2019
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, 2019 and 2018. 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, 

2019

Total revenue

$

5,338

$

26,150

$

12,427

$

29,499

Costs and expenses

 

79,004

 

68,626

 

77,628

 

100,071

Loss from operations

 

(73,666)

 

(42,476)

 

(65,201)

 

(70,572)

Net loss

 

(72,580)

 

(39,838)

 

(58,431)

 

(65,606)

Basic and diluted net loss per share

$

(1.32)

$

(0.72)

$

(1.05)

$

(1.17)

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)