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Condensed Consolidated Financial Statements Details | 3 Months Ended
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Mar. 31, 2020
Condensed Consolidated Financial Statements Details |
Condensed Consolidated Financial Statements Details | 3. Condensed Consolidated Financial Statements Details Equity Securities As of March 31, 2020 and December 31, 2019, equity securities consisted of an investment in Rezolute’s common stock of $0.4 million and $0.7 million, respectively (Note 4). During the three months ended March 31, 2020 and 2019, the Company recognized a loss of $0.3 million and a gain of $0.7 million, respectively, in the other (expense) income, net line item of the condensed consolidated statements of operations and comprehensive (loss) income due to the change in fair value of its investment in Rezolute’s common stock. Accrued and Other Liabilities Accrued and other liabilities consisted of the following (in thousands):
|  | March 31, |  | December 31,
|  | 2020 |  | 2019
Accrued legal and accounting fees |  | $ | 398 |  | $ | 256
Accrued payroll and other benefits |  |  | 131 |  |  | 231
Interest payable |  |  | 62 |  |  | 69
Accrued incentive compensation |  |  | 55 |  |  | 332
Other |  |  | 63 |  |  | 57
Total |  | $ | 709 |  | $ | 945
Net (Loss) Income Per Share Attributable 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 attributable to common stockholders (in thousands, except per share amounts):
|  | Three Months Ended March 31,
|  | 2020 |  | 2019
Numerator |  |  |  |  |  |
Net (loss) income |  | $ | (4,758) |  | $ | 3,233
Less: Allocation of undistributed earnings to participating securities |  |  | — |  |  | (1,352)
Net (loss) income available to common stockholders, basic |  |  | (4,758) |  |  | 1,881
Add: Adjustments to undistributed earnings allocated to participating securities |  |  | — |  |  | 54
Net (loss) income available to common stockholders, diluted |  | $ | (4,758) |  | $ | 1,935
Denominator |  |  |  |  |  |
Weighted average shares used in computing basic net (loss) income per share available to common stockholders |  |  | 9,761 |  |  | 8,706
Effect of dilutive stock options |  |  | — |  |  | 618
Weighted average shares used in computing diluted net (loss) income per share available to common stockholders |  |  | 9,761 |  |  | 9,324
Basic net (loss) income per share of common stock |  | $ | (0.49) |  | $ | 0.22
Diluted net (loss) income per share of common stock |  | $ | (0.49) |  | $ | 0.21
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 attributable to common stockholders (in thousands):
|  | Three Months Ended March 31,
|  | 2020 |  | 2019
Convertible preferred stock |  | 6,256 |  | —
Common stock options and RSUs |  | 532 |  | 830
Warrants for common stock |  | 15 |  | 25
Total |  | 6,803 |  | 855

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