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)

6 Months Ended

Jun. 30, 2018

Condensed Consolidated Financial Statements Detail [Abstract]

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

	June 30,		December 31,
	2018		2017
Accrued legal and accounting fees	$	259	$	431
Accrued restructuring		217		130
Accrued incentive compensation		194		229
Deferred rent		182		765
Liability related to sublease		147		800
Accrued payroll and other benefits		108		141
Other		35		179
Total	$	1,142	$	2,675

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

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

	Three Months Ended June 30,						Six Months Ended June 30,
	2018			2017			2018			2017
Numerator
Net (loss) income	$	(1,947	)	$	285		$	(5,753	)	$	(10,429	)
Less: Deemed dividend on convertible preferred stock		—			—			—			(5,603	)
Less: Allocation of undistributed earnings to participating securities		—			(113	)		—			—
Net (loss) income available to common stockholders, basic and diluted	$	(1,947	)	$	172		$	(5,753	)	$	(16,032	)

Denominator
Weighted average shares used in computing basic net (loss) income per share available to common stockholders		8,362			7,588			8,338			7,240
Effect of dilutive stock options		—			55			—			—
Weighted average shares used in computing diluted net (loss) income per share available to common stockholders		8,362			7,643			8,338			7,240

Outstanding Securities Considered Anti-Dilutive

Potentially dilutive securities are excluded from the calculation of diluted net (loss) income 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) income per share available to common stockholders (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2018		2017		2018		2017
Convertible preferred stock		5,003		—		5,003		3,732
Common stock options and RSUs		1,625		1,138		1,635		1,391
Warrants for common stock		21		19		19		19
Total		6,649		1,157		6,657		5,142