Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

v3.6.0.2
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2016
Fair Value Measurements Tables  
Schedule of Fair Value, Financial Assets and Liabilities

    Fair value measurement using  
    Quoted prices     Significant     Significant        
    in     other     unobservable        
    active markets     observable Inputs     inputs        
($ rounded to nearest thousand)   (Level 1)     (Level 2)     (Level 3)     Total  
                         
Balance at December 31, 2015                        
Liabilities:                        
Warrant liability   $ -     $ -     $ 2,327,000     $ 2,327,000  

Schedule of Reconciliation of Warrant Liability

($ rounded to nearest thousand)  

Warrant

Liability

 
       
Balance at December 31, 2015   $ 2,327,000  
Reclassification to equity     (817,000 )
Warrant modification expense     162,000  
Change in fair value of warrant liability     (1,672,000 )
Balance at December 31, 2016   $ -