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Selected Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Results from Operations

Selected quarterly results from operations for the years ended December 31, 2017 and 2016 are as follows (in thousands except per share amounts):

 

     2017 Quarter Ended  
     March 31      June 30      September 30      December 31  

Revenue

   $ 8,230      $ 8,937      $ 9,029      $ 56,301  

Net income (loss)

   $ (5,996    $ (9,240    $ (6,560    $ 39,655  

Basic net income (loss) per share

   $ (0.12    $ (0.19    $ (0.13    $ 0.81  

Diluted net income (loss) per share

   $ (0.12    $ (0.19    $ (0.13    $ 0.80  
     2016 Quarter Ended  
     March 31      June 30      September 30      December 31  

Revenue

   $ —        $ 2,795      $ 4,251      $ 4,889  

Net loss

   $ (15,243    $ (9,983    $ (7,072    $ (7,665

Basic net loss per share

   $ (0.34    $ (0.22    $ (0.15    $ (0.16

Diluted net loss per share

   $ (0.34    $ (0.22    $ (0.15    $ (0.16