Annual report pursuant to Section 13 and 15(d)

Selected Quarterly Financial Data (Unaudited)

v2.4.1.9
Selected Quarterly Financial Data (Unaudited)
 12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information
19. Selected Quarterly Financial Data (Unaudited)
 
The following table contains quarterly financial information for fiscal years 2014 and 2013. The Company believes that the following information reflects all normal recurring adjustments necessary for a fair statement of the information for the periods presented.
 
(in thousands, except per share data)
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
2014
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating expenses
 
$
(6,582)
 
$
(4,763)
 
$
(4,346)
 
$
(4,961)
 
Other income/(expense)
 
$
(788)
 
$
52
 
$
(246)
 
$
1,248
 
Net loss
 
$
(7,370)
 
$
(4,711)
 
$
(4,592)
 
$
(3,713)
 
Basic and diluted net loss per common share
 
$
(0.21)
 
$
(0.13)
 
$
(0.13)
 
$
(0.10)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2013
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating expenses
 
$
(8,458)
 
$
(10,294)
 
$
(7,504)
 
$
(9,524)
 
Other income/(expense)
 
$
(400)
 
$
(376)
 
$
(328)
 
$
(274)
 
Net loss
 
$
(8,858)
 
$
(10,670)
 
$
(7,832)
 
$
(9,798)
 
Basic and diluted net loss per common share
 
$
(0.35)
 
$
(0.38)
 
$
(0.24)
 
$
(0.27)