Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Data (Unaudited) (Tables)

v3.19.1
Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Quarterly Financial Data

Summarized quarterly financial data for the years ended December 31, 2018 and 2017 are presented below.

 

    Quarter Ended  
    March 2018     June 2018     September 2018     December 2018  
Revenue   $ 12,683,226     $ 15,015,646     $ 12,503,599     $ 507,150  
Operating loss     (9,746,075 )     (12,890,473 )     (30,050,053 )     (12,840,169 )
Loss before income taxes     (10,188,758 )     (13,525,627 )     (32,956,848 )     (10,815,182 )
Net loss from continuing operations     (10,188,758 )     (13,525,627 )     (32,953,863 )     (10,818,167 )
Basic and diluted loss per share-continued operations   $ (0.14 )   $ (0.18 )   $ (0.44 )   $ (0.14 )
Net loss from discontinued operations     (2,671,759 )     (3,050,835 )     (2,244,834 )     (12,413,228 )
Basic and diluted loss per share – discontinued operations   $ (0.04 )   $ (0.04 )   $ (0.03 )   $ (0.16 )

  

    Quarter Ended  
    March 2017     June 2017     September 2017     December 2017  
Revenue   $     $ 3,092,722     $ 7.369.376     $ 14,002,066  
Operating loss     (1,599,912 )     (3,396,262 )     (3.263.783 )     (5,477,113 )
Loss before income taxes     (3,115,954 )     (2,823,964 )     (3.258.841 )     (5,611,975 )
Net loss from continuing operations     (3,115,954 )     (2,823,964 )     (3.258.841 )     (5,611,975 )
Basic and diluted loss per share-continued operations   $ (0.21 )   $ (0.16 )   $ (0.05 )   $ (0.08 )
Net loss from discontinued operations     (1,913,072 )     (3,323,870 )     (3,381,221 )     (3,517,980 )
Basic and diluted loss per share – discontinued operations   $ (0.13 )   $ (0.19 )   $ (0.05 )   $ (0.05 )