Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2016

Financial instruments carried at fair value on a recurring

	September 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	$	5,906	$	5,906	$	—	$	—
Total assets	$	5,906	$	5,906	$	—	$	—

Liabilities:
Warrants potentially settleable in cash	$	1,907	$	—	$	—	$	1,907
Total liabilities	$	1,907	$	—	$	—	$	1,907

	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)
	September 30, 2016			September 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		(2,173	)		8,494
Balance at September 30, 2016 and 2015	$	1,907		$	3,096

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

+ References + Details