Annual report pursuant to Section 13 and 15(d)

Selected Quarterly Financial Data (unaudited) (Tables)

v3.19.3.a.u2
Selected Quarterly Financial Data (unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of selected quarterly financial information

 

 

Three Months Ended

 

 

 

March 31, 2019

 

 

June 30, 2019

 

 

September 30, 2019

 

 

December 31, 2019

 

Revenue

 

$

454

 

 

$

462

 

 

$

558

 

 

 

508

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research and development

 

 

12,562

 

 

 

15,475

 

 

 

15,931

 

 

 

14,277

 

General and administrative

 

 

4,865

 

 

 

5,195

 

 

 

5,016

 

 

 

6,402

 

Total operating expenses

 

 

17,427

 

 

 

20,670

 

 

 

20,947

 

 

 

20,679

 

Loss from operations

 

 

(16,973

)

 

 

(20,208

)

 

 

(20,389

)

 

 

(20,171

)

Other income, net

 

 

512

 

 

 

753

 

 

 

596

 

 

 

442

 

Net loss applicable to common stockholders

 

$

(16,461

)

 

$

(19,455

)

 

$

(19,793

)

 

 

(19,729

)

Net loss per share applicable to common stockholders - basic and diluted

 

$

(0.49

)

 

$

(0.47

)

 

$

(0.47

)

 

 

(0.46

)

Weighted-average number of common shares used in net loss per share applicable to common stockholders - basic and diluted

 

 

33,766,333

 

 

 

41,673,275

 

 

 

42,439,338

 

 

 

42,885,208

 

 

 

 

Three Months Ended

 

 

 

March 31, 2018

 

 

June 30, 2018

 

 

September 30, 2018

 

 

December 31, 2018

 

Revenue

 

$

370

 

 

$

375

 

 

$

412

 

 

$

893

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research and development

 

 

11,116

 

 

 

11,082

 

 

 

12,856

 

 

 

15,128

 

General and administrative

 

 

4,075

 

 

 

3,841

 

 

 

3,876

 

 

 

4,372

 

Total operating expenses

 

 

15,191

 

 

 

14,923

 

 

 

16,732

 

 

 

19,500

 

Loss from operations

 

 

(14,821

)

 

 

(14,548

)

 

 

(16,320

)

 

 

(18,607

)

Other income, net

 

 

358

 

 

 

501

 

 

 

583

 

 

 

575

 

Net loss applicable to common stockholders

 

$

(14,463

)

 

$

(14,047

)

 

$

(15,737

)

 

$

(18,032

)

Net loss per share applicable to common stockholders - basic and diluted

 

$

(0.48

)

 

$

(0.43

)

 

$

(0.47

)

 

$

(0.54

)

Weighted-average number of common shares used in net loss per share applicable to common stockholders - basic and diluted

 

 

30,335,164

 

 

 

32,892,712

 

 

 

33,653,479

 

 

 

33,694,756