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Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (Unaudited)

14. Selected Quarterly Financial Data (Unaudited)

The following interim financial information presents the Company’s 2016 and 2017 results of operations on a quarterly basis:

 

 

 

Quarter Ended

 

 

 

March 31,

 

 

June 30,

 

 

September 30,

 

 

December 31,

 

 

 

2016

 

 

2016

 

 

2016

 

 

2016

 

Net Operating Loss

 

$

(6,228,452

)

 

$

(7,572,638

)

 

$

(7,234,204

)

 

$

(6,247,048

)

Net Loss

 

 

(5,999,699

)

 

 

(7,294,245

)

 

 

(7,210,591

)

 

 

(6,620,102

)

Net Loss per common share, basic

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

and diluted

 

 

(0.33

)

 

 

(0.41

)

 

 

(0.86

)

 

 

(3.22

)

 

 

 

 

 

 

Quarter Ended

 

 

 

March 31,

 

 

June 30,

 

 

September 30,

 

 

December 31,

 

 

 

2017

 

 

2017

 

 

2017

 

 

2017

 

Net Operating Loss

 

$

(9,214,375

)

 

$

(12,394,490

)

 

$

(11,589,319

)

 

$

(17,568,845

)

Net Loss

 

 

(9,050,773

)

 

 

(12,126,152

)

 

 

(11,573,273

)

 

 

(18,255,896

)

Net Loss per common share, basic

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

and diluted

 

 

(0.50

)

 

 

(0.67

)

 

 

(1.37

)

 

 

(3.68

)