Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Data (Unaudited)

v3.6.0.2
Quarterly Financial Data (Unaudited)
 12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]
Note 11 – Quarterly Financial Data (Unaudited)
 
(in thousands, except per share data)
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
2016
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Revenue
 
$
277
 
$
1,249
 
$
546
 
$
498
 
Operating expenses
 
$
3,549
 
$
6,667
 
$
5,685
 
$
8,833
 
Other income/(expense)
 
$
(333)
 
$
13
 
$
11
 
$
12
 
Net loss
 
$
(3,605)
 
$
(5,405)
 
$
(5,128)
 
$
(8,323)
 
Basic and diluted net loss per common share
 
$
(0.17)
 
$
(0.25)
 
$
(0.24)
 
$
(0.38)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2015
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Revenue
 
$
500
 
$
-
 
$
25
 
$
65
 
Operating expenses
 
$
2,117
 
$
475
 
$
3,704
 
$
7,515
 
Other income/(expense)
 
$
-
 
$
-
 
$
(70)
 
$
(601)
 
Net loss
 
$
(1,617)
 
$
(475)
 
$
(3,749)
 
$
(8,051)
 
Basic and diluted net loss per common share
 
$
(0.20)
 
$
(0.06)
 
$
(0.44)
 
$
(0.55)