| Selected Quarterly Financial Data (Unaudited) |
The following table contains quarterly financial information for
2019 and 2018. The Company believes that the following information
reflects all normal recurring adjustments necessary for a fair
statement of the information for the periods presented. The
operating results for any quarter are not necessarily indicative of
results for any future period.
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2019 |
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First
Quarter |
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Second
Quarter |
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Third
Quarter |
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Fourth
Quarter |
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Total |
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(In thousands,
except per share data) |
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|
Total operating expenses
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|
$ |
11,691 |
|
|
$ |
19,169 |
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|
$ |
25,161 |
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|
$ |
29,436 |
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|
$ |
85,457 |
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Loss from operations
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|
|
(11,691 |
) |
|
|
(19,169 |
) |
|
|
(25,161 |
) |
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|
(29,436 |
) |
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|
(85,457 |
) |
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Net loss
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|
(11,069 |
) |
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|
(18,332 |
) |
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|
(24,448 |
) |
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|
(28,890 |
) |
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|
(82,739 |
) |
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Net loss per share—basic and diluted
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|
$ |
(0.38 |
) |
|
$ |
(0.51 |
) |
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$ |
(0.68 |
) |
|
$ |
(0.79 |
) |
|
$ |
(2.41 |
) |
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2018 |
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First
Quarter |
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Second
Quarter |
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Third
Quarter |
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Fourth
Quarter |
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Total |
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|
(In thousands,
except per share data) |
|
|
Total operating expenses
|
|
$ |
10,200 |
|
|
$ |
14,113 |
|
|
$ |
9,032 |
|
|
$ |
6,360 |
|
|
$ |
39,705 |
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|
Loss from operations
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|
|
(10,200 |
) |
|
|
(14,113 |
) |
|
|
(9,032 |
) |
|
|
(6,360 |
) |
|
|
(39,705 |
) |
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Net loss
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|
|
(9,859 |
) |
|
|
(13,591 |
) |
|
|
(8,407 |
) |
|
|
(5,757 |
) |
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|
(37,614 |
) |
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Net loss per share—basic and diluted
|
|
$ |
(0.46 |
) |
|
$ |
(0.48 |
) |
|
$ |
(0.30 |
) |
|
$ |
(0.21 |
) |
|
$ |
(1.42 |
) |
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