Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.8.0.1
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2017
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The Company’s fair value hierarchies for its financial assets and liabilities which require fair value measurement are as follows:
 
 
 
Total
 
Level 1
 
Level 2
 
Level 3
 
September 30, 2017
 
 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
Warrant liabilities
 
$
767
 
$
-
 
$
-
 
$
767
 
Contingent consideration liability
 
$
248
 
$
-
 
$
-
 
$
248
 
Contingent success fee liability
 
$
13
 
$
-
 
$
-
 
$
13
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
Warrant liability
 
$
3,546
 
$
-
 
$
-
 
$
3,546
 
Contingent consideration liability
 
$
217
 
$
-
 
$
-
 
$
217
 
Contingent success fee liability
 
$
116
 
$
-
 
$
-
 
$
116
 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following table sets forth a summary of the changes in the fair value of the Company’s Level 3 financial liabilities for the nine months ended September 30, 2017, which were measured at fair value on a recurring basis:
 
 
 
 
 
Contingent
 
Contingent
 
 
 
Warrant
 
Consideration
 
Success Fee
 
 
 
Liabilities
 
Liability
 
Liability
 
Balance at December 31, 2016
 
$
3,546
 
$
217
 
$
116
 
Initial fair value of April 2017 Warrants
 
 
3,301
 
 
-
 
 
-
 
Revaluation of 2015 and April 2017 Warrants
 
 
(4,851)
 
 
-
 
 
-
 
Repurchase of April 2017 Warrants
 
 
(2,296)
 
 
-
 
 
-
 
Loss on repurchase of April 2017 Warrants
 
 
1,067
 
 
-
 
 
-
 
Loss on increase in fair value of obligation
 
 
-
 
 
31
 
 
-
 
Gain on decrease in fair value of obligation
 
 
-
 
 
-
 
 
(103)
 
Balance at September 30, 2017
 
$
767
 
$
248
 
$
13