Annual report pursuant to Section 13 and 15(d)

Selected Quarterly Financial Data (Unaudited)

v3.20.1
Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (Unaudited)
14. Selected Quarterly Financial Data (Unaudited)
The following tables show a summary of the Company’s unaudited quarterly financial data for each of the four quarters of 2019 and 2018:
 
    
2019
 
    
1
st
Quarter
    
2
nd
Quarter
    
3
rd
Quarter
    
4
th
Quarter
 
Loss from operations
   $ (6,361,733    $ (7,407,479    $ (7,626,575    $ (6,470,661
Net
income
(loss) 
   $ 11,587,015      $ (8,666,906    $ (5,359,118    $ (10,355,484
Net
income
(loss) per share of common stock, basic and diluted
   $ 1.46      $ (1.09    $ (0.67    $ (1.11
 
    
2018
 
    
1
st
Quarter
    
2
nd
Quarter
    
3
rd
Quarter
    
4
th
Quarter
 
Loss from operations
   $ (6,984,169    $ (7,496,454    $ (7,799,290    $ (8,844,512
Net (loss) income
   $ (19,106,481    $ (20,135,892    $ (4,377,747    $ 5,935,696  
Net (loss) income per share of common stock, basic and diluted
   $ (2.59    $ (2.73    $ (0.57    $ 0.75