Annual report pursuant to Section 13 and 15(d)

SUMMARY QUARTERLY DATA (unaudited) (Tables)

v3.3.1.900
SUMMARY QUARTERLY DATA (unaudited) (Tables)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information [Table Text Block]
Unaudited quarterly financial data for fiscal 2015 and 2014 is summarized as follows:
 
 
2015 Quarter Ended
 
 
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
 
 
(in thousands, except per share amounts)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating Loss
 
$
(9,696)
 
$
(11,784)
 
$
(13,280)
 
$
(13,402)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
NET LOSS
 
$
(9,681)
 
$
(11,763)
 
$
(13,250)
 
$
(13,360)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss per common share, basic and diluted
 
$
(0.71)
 
$
(0.73)
 
$
(0.72)
 
$
(0.71)
 
 
 
 
2014 Quarter Ended
 
 
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
 
 
(in thousands, except per share amounts)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating Loss
 
$
(5,169)
 
$
(6,049)
 
$
(7,434)
 
$
(9,004)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
NET LOSS
 
$
(5,164)
 
$
(6,044)
 
$
(7,419)
 
$
(8,989)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss per common share, basic and diluted
 
$
(0.59)
 
$
(0.61)
 
$
(0.71)
 
$
(0.83)