Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Financial Statements Detail (Tables)

v3.8.0.1
Condensed Consolidated Financial Statements Detail (Tables)
3 Months Ended
Mar. 31, 2018
Condensed Consolidated Financial Statements Detail [Abstract]  
Accrued and Other Liabilities

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