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Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Data [Abstract]  
Selected Quarterly Financial Data (Unaudited)

14.

Selected Quarterly Financial Data (Unaudited)

The following table contains quarterly financial information for 2015 and 2014. The Company believes that the following information reflects all normal recurring adjustments necessary for a fair statement of the information for the periods presented. The operating results for any quarter are not necessarily indicative of results for any future period.

 

 

 

2015

 

 

 

First

Quarter

 

 

Second

Quarter

 

 

Third

Quarter

 

 

Fourth

Quarter

 

 

Total

 

 

 

 

 

Total operating expenses

 

$

8,167

 

 

$

12,340

 

 

$

14,561

 

 

$

19,788

 

 

$

54,856

 

Loss from operations

 

 

(8,167

)

 

 

(12,340

)

 

 

(14,561

)

 

 

(19,788

)

 

 

(54,856

)

Net loss

 

 

(7,971

)

 

 

(12,555

)

 

 

(14,620

)

 

 

(19,634

)

 

 

(54,780

)

Net loss per share applicable to common

   stockholders - basic and diluted

 

$

(1.15

)

 

$

(1.45

)

 

$

(0.38

)

 

$

(0.50

)

 

$

(2.33

)

 

 

 

2014

 

 

 

First

Quarter

 

 

Second

Quarter

 

 

Third

Quarter

 

 

Fourth

Quarter

 

 

Total

 

 

 

 

 

Total operating expenses

 

$

1,672

 

 

$

2,618

 

 

$

3,579

 

 

$

7,213

 

 

$

15,082

 

Loss from operations

 

 

(1,672

)

 

 

(2,618

)

 

 

(3,579

)

 

 

(7,213

)

 

 

(15,082

)

Net loss

 

 

(1,689

)

 

 

(2,677

)

 

 

(4,161

)

 

 

(8,182

)

 

 

(16,709

)

Net loss per share applicable to common

   stockholders - basic and diluted

 

$

(0.29

)

 

$

(0.45

)

 

$

(0.68

)

 

$

(1.24

)

 

$

(2.67

)