Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.7.0.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2017
Accounting Policies [Abstract]  
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]
The following table provides the financial assets and liabilities reported at fair value and measured on a recurring basis at March 31:
 
In thousands   
 
 
 
 
 
Quoted Prices in Active Markets for Identical
 
 
 
Significant Other Unobservable Inputs (Level
 
Description
 
Liabilities Measured at Fair Value
 
Assets (Level 1)
 
Significant Other Observable Inputs (Level 2)
 
3)
 
 
 
 
 
 
 
 
 
 
 
Fair value of warrant liability:
 
 
 
 
 
 
 
 
 
 
 
 
 
2017
 
$
3,084
 
$
-
 
$
-
 
$
3,084
 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
The following table provides a summary of changes in fair value associated with the Level 3 liabilities for the quarter ended March 31:
 
Fair Value Measurements Using Significant Unobservable Inputs (Level 3) – in thousands
 
 
 
Warrant Liability –
 
Warrant Liability –
 
Warrant Liability –
 
 
 
Current
 
Long-Term
 
Total
 
Balance, beginning of period
 
$
-
 
$
-
 
$
-
 
Issuances of warrants
 
 
2,453
 
 
1,690
 
 
4,143
 
Change in fair value
 
 
(964)
 
 
(95)
 
 
(1,059)
 
Transfer in/out (exercise of warrants)
 
 
(251)
 
 
251
 
 
-
 
Balance, end of period
 
$
1,238
 
$
1,846
 
$
3,084