XML 39 R21.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 15 - Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2017
Notes to Financial Statements  
Quarterly Financial Information [Text Block]
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
 
The following table presents selected quarterly financial data derived from the Company’s unaudited interim financial statements. The following data is only a summary and should be read with the Company’s historical consolidated financial statements and related notes contained in this document.
 
   
First Quarter
   
Second Quarter
   
Third Quarter
   
Fourth Quarter
 
2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total revenues
  $
11,538,272
    $
11,073,502
    $
14,404,979
    $
24,019,051
 
Operating loss
   
(3,183,707
)    
(3,709,594
)    
(6,342,528
)    
(2,657,037
)
Net loss
   
(3,093,143
)    
(3,487,971
)    
(6,235,543
)    
(2,599,892
)
Net loss per share:(1)
                               
Basic
  $
(0.10
)   $
(0.09
)   $
(0.16
)   $
(0.07
)
Diluted
  $
(0.10
)   $
(0.09
)   $
(0.16
)   $
(0.07
)
                                 
2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total revenues
  $
-
    $
-
    $
1,465,121
    $
3,750,538
 
Operating loss
   
(3,833,323
)    
(603,330
)    
(1,483,406
)    
(1,609,725
)
Net loss
   
(3,834,565
)    
(612,799
)    
(1,532,698
)    
(1,535,087
)
Net loss per share:(2)
                               
Basic
   
     
     
     
 
Diluted
   
     
     
     
 
 
(
1
)
The sum of quarterly per share amounts
may
not
equal amounts reported for year-to-date periods due to the effects of rounding.
(
2
)
For all quarters in
201
6,
this presentation is
not
applicable as the Company was
not
a public company until
February 8, 2017.