Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.10.0.1
Fair Value Measurements (Tables)
 6 Months Ended
Jun. 30, 2018
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
 
June 30, 2018
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
Liabilities
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
Warrant liabilities
 
 $ 1,128
 
 
 $ -
 
 
 $ -
 
 
 $ 1,128
 
Contingent consideration liability
 
 $ 35
 
 
 $ -
 
 
 $ -
 
 
 $ 35
 
Contingent success fee liability
 
 $ 41
 
 
 $ -
 
 
 $ -
 
 
 $ 41
 
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
December 31, 2017
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
Liabilities
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
Warrant liability
 
 $ 1,648
 
 
 $ -
 
 
 $ -
 
 
 $ 1,648
 
Contingent consideration liability
 
 $ 42
 
 
 $ -
 
 
 $ -
 
 
 $ 42
 
Contingent success fee liability
 
 $ 39
 
 
 $ -
 
 
 $ -
 
 
 $ 39
 
 
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 period ended June 30, 2018, which were measured at fair value on a recurring basis:
 
 
 
Warrant Liability
 
 
Contingent
Consideration Liability
 
 
Contingent Success
Fee Liability
 
Balance at December 31, 2017
 
 $ 1,648
 
 
 $ 42
 
 
 $ 39
 
Gain on revaluation of warrants issued in conjunction with 2015 financing
 
 
 (520 )
 
 
 -
 
 
 
 -
 
Gain on revaluation of fair value obligation
 
 
 -
 
 
 
 (17 )
 
 
 -
 
Reclassification from accrued liabilities
 
 
 -
 
 
 
 10
 
 
 
 -
 
Loss on revaluation of fair value obligation
 
 
 -
 
 
 
 -
 
 
 
 2
 
Balance at June 30, 2018
 
 $ 1,128
 
 
 $ 35
 
 
 $ 41