Quarterly report pursuant to Section 13 or 15(d)

Basis of Presentation and Significant Accounting Policies (Tables)

Basis of Presentation and Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2019

Schedule of Reconciliation of Cash And Restricted Cash

The following table provides a reconciliation of cash and restricted cash reported within the condensed consolidated balance sheets that sum to the total of the same such amounts shown in the condensed consolidated statements of cash flows (in thousands):

	September 30, 2019		September 30, 2018
Cash	$	5,994	$	4,684
Restricted cash		50		29
Total cash and restricted cash shown in the statements of cash flows	$	6,044	$	4,713

Summary of Fair Values of Assets and Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis

The following tables present a summary of fair values of assets and liabilities that are re-measured at fair value at each balance sheet date presented as of September 30, 2019 and December 31, 2018, and their placement within the fair value hierarchy as discussed above (in thousands):

			Quoted Prices in Active Markets		Significant Other Observable Inputs		Unobservable Inputs
Description	September 30, 2019		(Level 1)		(Level 2)		(Level 3)
Assets:
Cash and restricted cash	$	6,044	$	6,044	$	-	$	-
Total assets	$	6,044	$	6,044	$	-	$	-

Liabilities:
Warrants potentially settleable in cash (Note 9)	$	90	$	-	$	-	$	90
Total liabilities	$	90	$	-	$	-	$	90

			Quoted Prices in Active Markets		Significant Other Observable Inputs		Unobservable Inputs
Description	December 31, 2018		(Level 1)		(Level 2)		(Level 3)
Assets:
Cash and restricted cash	$	2,752	$	2,752	$	-	$	-
Total assets	$	2,752	$	2,752	$	-	$	-

Liabilities:
Warrants potentially settleable in cash (Note 9)	$	263	$	-	$	-	$	263
Total liabilities	$	263	$	-	$	-	$	263

Schedule of Reconciliation of Beginning and Ending Level 3 Liabilities

The Company has not transferred any financial instruments into or out of Level 3 classification during the nine months ended September 30, 2019 and 2018. A reconciliation of the beginning and ending Level 3 liabilities is as follows (in thousands):

	Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
	September 30, 2019			September 30, 2018
Balance, January 1,	$	263		$	569
Change in fair value of warrants potentially settleable in cash (Note 9)		(173	)		(410	)
Balance at September 30,	$	90		$	159