Quarterly Financial Data

12 Months Ended

Dec. 31, 2013

15. QUARTERLY FINANCIAL DATA (UNAUDITED)

The quarterly financial data presented below is in thousands except for per share data:



	For the three months ended
	March 31, 2013		June 30, 2013		September 30, 2013		December 31, 2013

Revenues	$	0	$	0	$	0	$	0
Gross margin		0		0		0		0
Net loss		(6,462)		(7,127)		(6,424)		(7,859)

Basic and diluted net loss per common share	$	(0.08)	$	(0.08)	$	(0.07)	$	(0.08)



	For the three months ended
	March 31, 2012		June 30, 2012		September 30, 2012		December 31, 2012

Revenues	$	0	$	0	$	0	$	0
Gross margin		0		0		0		0
Net loss		(4,068)		(5,061)		(5,019)		(6,174)

Basic and diluted net loss per common share	$	(0.06)	$	(0.07)	$	(0.06)	$	(0.07)

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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