Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Information (Tables)

v3.8.0.1
Quarterly Financial Information (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information

The following table summarizes the unaudited statements of operations for each quarter of 2017 and 2016 (in thousands, except per share amounts):

 

 

 

March 31

 

 

June 30

 

 

September 30

 

 

December 31

 

2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research and development

 

 

61

 

 

 

62

 

 

 

825

 

 

 

2,153

 

General and administrative

 

 

260

 

 

 

96

 

 

 

1,546

 

 

 

1,629

 

Total operating expenses

 

 

321

 

 

 

158

 

 

 

2,371

 

 

 

3,782

 

Other income

 

 

(8

)

 

 

(11

)

 

 

(7,025

)

 

 

42

 

Recovery of deferred income taxes

 

 

124

 

 

 

 

 

 

2,927

 

 

 

 

Net loss

 

 

(205

)

 

 

(169

)

 

 

(6,469

)

 

 

(3,740

)

Basic and diluted net loss per share

 

$

(9.66

)

 

$

(7.96

)

 

$

(0.90

)

 

$

(0.32

)

2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research and development

 

 

65

 

 

 

72

 

 

 

69

 

 

 

80

 

General and administrative

 

 

289

 

 

 

281

 

 

 

329

 

 

 

529

 

Total operating expenses

 

 

354

 

 

 

353

 

 

 

398

 

 

 

609

 

Other income

 

 

(6

)

 

 

(7

)

 

 

(7

)

 

 

(4

)

Recovery of deferred income taxes

 

 

118

 

 

 

122

 

 

 

137

 

 

 

127

 

Net loss

 

 

(242

)

 

 

(238

)

 

 

(268

)

 

 

(486

)

Basic and diluted net loss per share

 

$

(11.40

)

 

$

(11.21

)

 

$

(12.62

)

 

$

(22.89

)