Unaudited Quarterly Financial Information

12 Months Ended

Dec. 31, 2023

The tables herein set forth the Company’s unaudited condensed consolidated 2023 and 2022 quarterly statements of operations.

The following table sets forth the Company’s unaudited condensed consolidated statements of operations for the 2023 quarters ended (in thousands):


2023 Quarter Ended	December 31,		September 30,		June 30,		March 31,
Revenue, net	$	132,099	$	126,173	$	110,792	$	95,306
Operating expenses	(166,196)		(155,886)		(157,971)		(143,698)
Interest income	5,966		5,498		4,530		4,349
Income tax expense	(448)		(43)		(135)		(10)
Net loss	$	(28,579)	$	(24,258)	$	(42,784)	$	(44,053)
Basic and diluted net loss per share	$	(0.30)	$	(0.25)	$	(0.45)	$	(0.46)

The following table sets forth the Company’s unaudited condensed consolidated statements of operations for the 2022 quarters ended (in thousands):


2022 Quarter Ended	December 31,		September 30,		June 30,		March 31,
Revenue, net	$	87,869	$	71,870	$	55,579	$	34,996
Operating expenses	(135,281)		(127,499)		(143,502)		(107,658)
Interest income	3,386		2,122		1,320		548
Income tax expense	—		(1)		—		(5)
Net loss	$	(44,026)	$	(53,508)	$	(86,603)	$	(72,119)
Basic and diluted net loss per share	$	(0.45)	$	(0.57)	$	(0.92)	$	(0.78)