Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Financial Statements Detail (Tables)

v2.4.1.9
Condensed Consolidated Financial Statements Detail (Tables)
3 Months Ended
Mar. 31, 2015
Condensed Consolidated Financial Statements Detail [Abstract]  
Outstanding securities considered anti-dilutive
The following table shows the total outstanding securities considered anti-dilutive and therefore excluded from the computation of diluted net loss per share (in thousands):

    March 31,  
   
2015
   
2014
 
Common stock options and restricted stock units
   
8,756
     
5,732
 
Warrants for common stock
   
20,690
     
1,910
 
Total
   
29,446
     
7,642
 
Reconciliation of the numerators and denominators of the basic and diluted net loss per share of common stock
For the three months ended March 31, 2015 and 2014, the following is a reconciliation of the numerators and denominators of the basic and diluted net loss per share of common stock (in thousands):

   
Three Months Ended March 31,
 
   
2015
   
2014
 
Numerator
 
   
 
Net loss
 
   
 
Basic
 
$
(21,718
)
 
$
(4,687
)
Adjustment for revaluation of contingent warrant liabilities
   
-
     
(19,534
)
Diluted
 
$
(21,718
)
 
$
(24,221
)
                 
Denominator
               
Weighted average shares outstanding used for basic net loss per share
   
116,193
     
106,158
 
Effect of dilutive warrants
   
-
     
9,366
 
Weighted average shares outstanding and dilutive securities used for diluted net loss per share
   
116,193
     
115,524
 
Accrued liabilities
Accrued and other liabilities consisted of the following at March 31, 2015 and December 31, 2014 (in thousands):

   
March 31,
2015
   
December 31,
2014
 
Accrued payroll and other benefits
 
$
2,578
   
$
3,061
 
Accrued management incentive compensation
   
1,149
     
4,295
 
Accrued clinical trial costs
   
1,079
     
1,424
 
Other
   
1,186
     
1,112
 
Total
 
$
5,992
   
$
9,892