Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Financial Statements Detail

v3.19.2
Condensed Consolidated Financial Statements Detail
6 Months Ended
Jun. 30, 2019
Condensed Consolidated Financial Statements Detail [Abstract]  
Condensed Consolidated Financial Statements Detail

3. Condensed Consolidated Financial Statements Details

Long-term Equity Securities

As of June 30, 2019 and December 31, 2018, long-term equity securities consisted of an investment in Rezolute’s common stock of $1.1 million and $0.4 million, respectively (see Note 4). The Company recognized gains of $31,000 and $0.7 million due to the change in fair value of its investment in Rezolute’s common stock in the other income (expense), net line item of the condensed consolidated statements of operations and comprehensive loss for the three and six months ended June 30, 2019, respectively, and $0.4 million for the three and six months ended June 30, 2018.

Accrued and Other Liabilities  

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

 

 

June 30,

 

 

December 31,

 

 

 

2019

 

 

2018

 

Accrued legal and accounting fees

 

$

169

 

 

$

396

 

Accrued restructuring

 

 

 

 

 

1,361

 

Accrued incentive compensation

 

 

162

 

 

 

152

 

Accrued payroll and other benefits

 

 

107

 

 

 

155

 

Other

 

 

177

 

 

 

318

 

Total

 

$

615

 

 

$

2,382

 

Net Loss Per Share Available to Common Stockholders

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 June 30,

 

 

Six Months Ended June 30,

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Convertible preferred stock

 

6,256

 

 

 

5,003

 

 

 

6,256

 

 

 

5,003

 

Common stock options and RSUs

 

1,934

 

 

 

1,625

 

 

 

1,861

 

 

 

1,635

 

Warrants for common stock

 

28

 

 

 

21

 

 

 

27

 

 

 

19

 

Total

 

8,218

 

 

 

6,649

 

 

 

8,144

 

 

 

6,657