Selected Quarterly Financial Data (unaudited)

12 Months Ended

Dec. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Data (unaudited)

13. Selected Quarterly Financial Data (unaudited)

The following table contains unaudited quarterly financial information for the years ended December 31, 2020 and 2019. 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.

in thousands (except per share amounts)	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
Year Ended December 31, 2020
Operating expenses	$	7,452		$	6,610		$	6,516		$	8,970
Net loss		(7,837	)		(6,461	)		(6,597	)		(8,918	)
Net loss per common share, basic and diluted	$	(0.45	)	$	(0.37	)	$	(0.31	)	$	(0.36	)
Year Ended December 31, 2019
Operating expenses	$	6,348		$	6,439		$	6,324		$	7,616
Net loss		(5,950	)		(6,069	)		(6,014	)		(7,567	)
Net loss per common share, basic and diluted	$	(0.34	)	$	(0.35	)	$	(0.35	)	$	(0.44	)