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Unaudited Quarterly Financial Data
 12 Months Ended
Sep. 30, 2016
Quarterly Financial Information Disclosure [Abstract]  
Unaudited Quarterly Financial Data

NOTE 12. UNAUDITED QUARTERLY FINANCIAL DATA

 

The following table presents selected unaudited quarterly financial data for each full quarterly period of the years ended September 30, 2016 and 2015:

 

  

 

First

 

Second

 

Third

 

Fourth

 

Year ended September 30, 2016

 

Quarter

 

Quarter

 

Quarter

 

Quarter

 

Revenues

 

$

43,750

 

$

43,750

 

$

39,583

 

$

31,250

 

Operating Losses

 

$

(19,341,270)

 

$

(21,264,855)

 

$

(19,341,487)

 

$

(21,795,114)

 

Net Loss

 

$

(19,264,414)

 

$

(20,815,860)

 

$

(19,420,743)

 

$

(22,221,985)

 

Net Loss Attributable to Arrowhead

 

$

(19,264,414)

 

$

(20,815,860)

 

$

(19,420,743)

 

$

(22,221,985)

 

Loss per share (Basic and Diluted)

 

$

(0.32)

 

$

(0.35)

 

$

(0.32)

 

$

(0.34)

 

 

 

 

First

 

Second

 

Third

 

Fourth

 

Year ended September 30, 2015

 

Quarter

 

Quarter

 

Quarter

 

Quarter

 

Revenues

 

$

170,750

 

$

43,750

 

$

123,750

 

$

43,750

 

Operating Losses

 

$

(25,115,276)

 

$

(29,632,743)

 

$

(15,993,706)

 

$

(25,232,251)

 

Net Loss

 

$

(22,575,282)

 

$

(28,683,993)

 

$

(15,936,053)

 

$

(24,745,554)

 

Net Loss Attributable to Arrowhead

 

$

(22,575,282)

 

$

(28,683,993)

 

$

(15,936,053)

 

$

(24,745,554)

 

Loss per share (Basic and Diluted)

 

$

(0.41)

 

$

(0.51)

 

$

(0.27)

 

$

(0.42)