Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

v3.8.0.1
Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 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 on a recurring basis are as follows:
 
 
 
Total
 
Level 1
 
Level 2
 
Level 3
 
December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
Warrant liability
 
$
1,648
 
$
-
 
$
-
 
$
1,648
 
Contingent consideration liability
 
$
42
 
$
-
 
$
-
 
$
42
 
Contingent success fee liability
 
$
39
 
$
-
 
$
-
 
$
39
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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 Company’s Level 3 financial liabilities during the year ended December 31, 2017, which were measured at fair value on a recurring basis: 
 
 
 
Warrant
Liability
 
Contingent
Consideration
Liability
 
Contingent
Success Fee
Liability
 
Balance at December 31, 2016
 
$
3,546
 
$
217
 
$
116
 
Initial fair value of April 2017 Warrants
 
 
3,301
 
 
-
 
 
-
 
Repurchase of April 2017 Warrants
 
 
(2,296)
 
 
-
 
 
-
 
Loss on repurchase of April 2017 Warrants
 
 
1,067
 
 
-
 
 
-
 
Gain on revaluation of 2015 and April 2017 Warrants
 
 
(3,909)
 
 
 
 
 
 
 
Reclassification of warrant liability to equity upon exercise of warrants
 
 
(61)
 
 
 
 
 
 
 
Gain on revaluation
 
 
-
 
 
(255)
 
 
(77)
 
Reclassification to accrued liabilities
 
 
-
 
 
80
 
 
-
 
Balance at December 31, 2017
 
$
1,648
 
$
42
 
$
39