Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.5.0.2
Fair Value Measurements (Tables)
 6 Months Ended
Jun. 30, 2016
Fair Value Measurements Tables  
Financial instruments carried at fair value on a recurring
   

 

June 30,

     Quoted Prices in Active Markets     Significant Other Observable Inputs     Unobservable Inputs  
Description   2016     (Level 1)     (Level 2)     (Level 3)  
Assets:                                
Cash and cash equivalents   $ 5,022      $ 5,022      $ -      $ -  
Total assets   $ 5,022      $ 5,022      $ -      $ -  
                                 
Liabilities:                                
Warrants potentially settleable in cash   $ 1,869      $ -      $ -      $ 1,869  
Total liabilities   $ 1,869      $ -      $ -      $ 1,869  
                                 
      December 31,      Quoted Prices in Active Markets     Significant Other Observable Inputs     Unobservable Inputs  
Description   2015     (Level 1)     (Level 2)     (Level 3)  
Assets:                                
Cash and cash equivalents   $ 9,276      $ 9,276      $ -      $ -  
Total assets   $ 9,276      $ 9,276      $ -      $ -  
                                 
Liabilities:                                
Warrants potentially settleable in cash   $ 4,115      $ -      $ -      $ 4,115  
Total liabilities   $ 4,115      $ -      $ -      $ 4,115  
Level 3 financial assets and liabilities
    Fair Value Measurements Using Significant Unobservable Inputs (Level 3)  
    June 30, 2016     June 30, 2015  
 Balance , January 1,   $ 4,115     $ 8,464  
 Estimated fair value of warrants exchanged for common shares     (35 )     (13,862 )
 Change in fair value of warrants     (2,211 )     11,528  
 Balance at June 30, 2016 and 2015   $ 1,869     $ 6,130