Quarterly Financial Data (unaudited)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data (unaudited)

27. Quarterly Financial Data (unaudited)

The following table contains selected quarterly data for 2019 and 2018. The information should be read in conjunction with the Company’s financial statements and related notes included elsewhere in this report. The Company believes that the following information reflects all normal recurring adjustments necessary for a fair presentation of the information for the periods presented. The operating results for any quarter are not necessarily indicative of results for any future period.

	Three months ended
	March 31,			June 30,			September 30,			December 31,
2019¹
Revenue	$	23,038		$	45,904		$	51,101		$	46,936
Gross profit		5,385			12,273			15,853			(57,007	)
Operating loss		(28,332	)		(32,961	)		(23,785	)		(216,624	)
Net loss		(29,369	)		(36,301	)		(36,351	)		(219,148	)
Net loss per share—basic and diluted²	$	(0.31	)	$	(0.37	)	$	(0.37	)	$	(2.14	)
2018
Revenue	$	7,808		$	9,744		$	10,047		$	15,531
Gross profit		3,896			4,177			3,068			3,134
Operating loss		(3,740	)		(10,990	)		(20,012	)		(22,908	)
Net loss		(5,181	)		(12,833	)		(18,699	)		(31,010	)
Net loss per share—basic and diluted²	$	(0.07	)	$	(0.17	)	$	(0.21	)	$	(0.33	)

¹ In the fourth quarter of 2019, the Company adopted ASU 2016-01, ASC 842, ASC 606 and ASU 2018-07. Each interim period in 2019 has been recast to reflect the effects of this adoption. Refer to Note 2 for further discussion of the new accounting pronouncements recently adopted.

² Earnings per share for the four quarters combined may not equal earnings per share for the year due to rounding.