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Summary of (Unaudited) Quarterly Financial Information (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Summary of Company's (Unaudited) Quarterly Results of Operations

The following is a summary of the Company’s (unaudited) quarterly results of operations for the years ended December 31 (in thousands, except per share amounts):

 

2017:

 

March 31,

 

 

June 30,

 

 

Sept. 30,

 

 

Dec. 31,

 

Total revenues

 

$

3,205

 

 

$

3,421

 

 

$

3,240

 

 

$

3,953

 

Total operating expenses

 

 

6,118

 

 

 

6,832

 

 

 

6,421

 

 

 

7,834

 

Net loss

 

 

(2,824

)

 

 

(3,320

)

 

 

(3,088

)

 

 

(3,728

)

Basic and diluted net loss per share (1)

 

 

(0.25

)

 

 

(0.30

)

 

 

(0.27

)

 

 

(0.21

)

 

2016:

 

March 31,

 

 

June 30,

 

 

Sept. 30,

 

 

Dec. 31,

 

Total revenues

 

$

4,604

 

 

$

4,122

 

 

$

2,642

 

 

$

3,163

 

Total operating expenses

 

 

7,114

 

 

 

5,443

 

 

 

5,213

 

 

 

5,938

 

Net income (loss)

 

 

(2,423

)

 

 

(1,255

)

 

 

(2,523

)

 

 

(2,772

)

Basic and diluted net loss per share (1)

 

 

(0.26

)

 

 

(0.14

)

 

 

(0.24

)

 

 

(0.25

)

 

(1)

Net income (loss) per share is computed independently for each quarter and the full year based upon respective shares outstanding. Therefore, the sum of the quarterly loss per share amounts may not equal the annual amounts reported.