Annual report pursuant to Section 13 and 15(d)

Selected Quarterly Financial Data (Unaudited) (Tables)

v3.20.1
Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Summary of Unaudited Quarterly Financial Data
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