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Quarterly Financial Data (unaudited)
12 Months Ended
Mar. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (unaudited)

12. Quarterly Financial Data (unaudited)

The following quarterly financial data, in the opinion of management, fairly presents the results for the periods presented (in thousands, except per share data):

 

 

 

Year Ended March 31, 2016

 

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

Revenue

 

$

306

 

 

$

301

 

 

$

328

 

 

$

548

 

Net loss

 

 

(8,491

)

 

 

(11,257

)

 

 

(10,455

)

 

 

(8,372

)

Net loss per common share - basic and diluted

 

 

(0.10

)

 

 

(0.12

)

 

 

(0.11

)

 

 

(0.09

)

Weighted average shares used in computing net

   loss per common share—basic and diluted

 

 

82,993,966

 

 

 

92,385,150

 

 

 

92,396,358

 

 

 

92,402,668

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended March 31, 2015

 

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

Revenue

 

$

99

 

 

$

50

 

 

$

155

 

 

$

267

 

Net loss

 

 

(6,433

)

 

 

(8,858

)

 

 

(6,993

)

 

 

(7,798

)

Net loss per common share - basic and diluted

 

 

(0.08

)

 

 

(0.11

)

 

 

(0.09

)

 

 

(0.10

)

Weighted average shares used in computing net

   loss per common share—basic and diluted

 

 

78,241,373

 

 

 

78,933,884

 

 

 

80,491,120

 

 

 

80,946,849