XOMA Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Financial Statements Detail (Tables)

Condensed Consolidated Financial Statements Detail (Tables)

3 Months Ended

Mar. 31, 2018

Condensed Consolidated Financial Statements Detail [Abstract]

Accrued and other liabilities consisted of the following (in thousands):

	March 31,		December 31,
	2018		2017
Accrued payroll and other benefits	$	83	$	141
Accrued restructuring		—		130
Accrued incentive compensation		90		229
Accrued legal and accounting fees		237		431
Deferred rent		754		765
Liability related to sublease		—		800
Other		174		179
Total	$	1,338	$	2,675

Reconciliation of Numerator and Denominator Used in Calculation of Basic and Diluted Net Loss per Share Available to Common Stockholders

The following is a reconciliation of the numerator (net loss) and the denominator (number of shares) used in the calculation of basic and diluted net loss per share available to common stockholders (in thousands):

	Three Months Ended March 31,
	2018			2017
Numerator
Net loss	$	(3,806	)	$	(10,715	)
Less: Deemed dividend on convertible preferred stock		—			(5,603	)
Net loss available to common stockholders, basic and diluted	$	(3,806	)	$	(16,318	)

Denominator
Weighted average shares outstanding used for basic and diluted net loss per share available to common stockholders		8,313			6,887

Outstanding Securities Considered Anti-Dilutive

Potentially dilutive securities are excluded from the calculation of diluted net loss per share available to common stockholders if their inclusion is anti-dilutive. The following table shows the weighted-average outstanding securities considered anti-dilutive and therefore excluded from the computation of diluted net loss per share available to common stockholders (in thousands):

	Three Months Ended March 31,
	2018		2017
Common stock options and RSUs		1,645		653
Warrants for common stock		17		381
Convertible preferred stock		5,003		2,446
Total		6,665		3,480