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

19. Quarterly Financial Data (Unaudited)

The following table sets forth selected quarterly data for the years presented, in thousands, except per share data.

 

 

 

Quarter Ended

 

 

Quarter Ended

 

 

Quarter Ended

 

 

Quarter Ended

 

 

Year Ended

 

2015

 

December 31,

 

 

September 30,

 

 

June 30,

 

 

March 31,

 

 

December 31,

 

Revenues

 

$

1,337

 

 

$

1,103

 

 

$

1,173

 

 

$

977

 

 

$

4,590

 

Operating costs and expenses

 

$

18,997

 

 

$

36,738

 

 

$

11,706

 

 

$

11,154

 

 

$

78,595

 

Net loss attributable to Sorrento

 

$

(26,599

)

 

$

(2,079

)

 

$

(10,958

)

 

$

(10,438

)

 

$

(50,074

)

Net loss per share - basic and diluted

 

$

(0.62

)

 

$

(0.03

)

 

$

(0.30

)

 

$

(0.29

)

 

$

(1.24

)

Weighted-average shares

 

 

37,770

 

 

 

37,328

 

 

 

36,315

 

 

 

36,206

 

 

 

36,909

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

 

Quarter Ended

 

 

Quarter Ended

 

 

Quarter Ended

 

 

Year Ended

 

2014

 

December 31,

 

 

September 30,

 

 

June 30,

 

 

March 31,

 

 

December 31,

 

Revenues

 

$

798

 

 

$

1,276

 

 

$

775

 

 

$

976

 

 

$

3,825

 

Operating costs and expenses

 

$

10,544

 

 

$

8,407

 

 

$

8,766

 

 

$

10,850

 

 

$

38,567

 

Net loss attributable to Sorrento

 

$

(8,505

)

 

$

(7,605

)

 

$

(8,454

)

 

$

(10,093

)

 

$

(34,657

)

Net loss per share - basic and diluted

 

$

(0.26

)

 

$

(0.27

)

 

$

(0.33

)

 

$

(0.44

)

 

$

(1.30

)

Weighted-average shares

 

 

29,636

 

 

 

28,533

 

 

 

25,341

 

 

 

23,051

 

 

 

26,679