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Quarterly Financial Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information (Unaudited)  
Summary of quarterly financial information

 

 

Quarter Ended

 

 

December 31, 

 

September 30, 

 

June 30, 

 

March 31, 

 

    

2017

    

2017

    

2017

    

2017

Revenue

 

$

 —

 

$

 —

 

$

 —

 

$

 —

Loss from operations

 

$

(82,523)

 

$

(49,520)

 

$

(58,360)

 

$

(29,964)

Interest income

 

$

858

 

$

881

 

$

331

 

$

246

Net loss and comprehensive loss

 

$

(81,665)

 

$

(48,639)

 

$

(58,029)

 

$

(29,718)

Basic and diluted net loss per common share (1)

 

$

(2.55)

 

$

(1.52)

 

$

(2.07)

 

$

(1.07)

Weighted-average basic and diluted common shares outstanding

 

 

32,030

 

 

31,941

 

 

27,972

 

 

27,734

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

 

December 31, 

 

September 30, 

 

June 30, 

 

March 31, 

 

    

2016

    

2016

    

2016

    

2016

Revenue

 

$

 —

 

$

 —

 

$

 —

 

$

 —

Loss from operations

 

$

(25,547)

 

$

(21,180)

 

$

(15,798)

 

$

(20,889)

Interest income

 

$

172

 

$

99

 

$

79

 

$

53

Net loss and comprehensive loss

 

$

(25,375)

 

$

(21,082)

 

$

(15,719)

 

$

(20,836)

Basic and diluted net loss per common share (1)

 

$

(0.92)

 

$

(0.87)

 

$

(0.68)

 

$

(1.24)

Weighted-average basic and diluted common shares outstanding

 

 

27,678

 

 

24,166

 

 

23,014

 

 

16,775

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) The sum of the four quarters of net loss per share for 2017 and 2016 may not add to the full year net loss per share amount due to rounding and/or the use of quarter-to-date weighted average shares to calculate the net loss per share amount in each respective quarter.