FAIR VALUE (Tables)

9 Months Ended

Sep. 30, 2019

FAIR VALUE [Abstract]

Schedule of Changes in Fair Value of Liability

Dollars in Thousands
	Three Months Ended September 30, 2019
	2016 Warrant		Bridge Note		Total Warrant
	Liability		Warrant Liabilities		Liabilities
Beginning balance at July 1	$	86	$	2,250	$	2,336
Additions:		–		–		–
Total (gains) losses:
Revaluation recognized in earnings		(7)		(556)		(563)
Modification recognized in earnings		–		–		–
Deductions – warrant exercises		–		–		–
Balance at September 30	$	79	$	1,694	$	1,773
	Three Months Ended September 30, 2018
	2016 Warrant		Bridge Note		Total Warrant
	Liability		Warrant Liabilities		Liabilities
Beginning balance at July 1	$	124	$	882	$	1,006
Additions:		–		720		720
Total (gains) losses:
Revaluation recognized in earnings		–		(176)		(176)
Modification recognized in earnings		–		143		143
Balance at September 30	$	124	$	1,569	$	1,693

Dollars in Thousands
	Nine Months Ended September 30, 2019
	2016 Warrant		Bridge Note		Total Warrant
	Liability		Warrant Liabilities		Liabilities
Beginning balance at January 1	$	116	$	1,016	$	1,132
Additions:		–		1,858		1,858
Total (gains) losses:
Revaluation recognized in earnings		(37)		56		19
Modification recognized in earnings		–		1,128		1,128
Deductions – warrant exercises		–		(2,364)		(2,364)
Balance at September 30	$	79	$	1,694	$	1,773
	Nine Months Ended September 30, 2018
	2016 Warrant		Bridge Note		Total Warrant
	Liability		Warrant Liabilities		Liabilities
Beginning balance at January 1	$	841	$	–	$	841
Additions:		–		1,925		1,925
Total (gains) losses:
Revaluation recognized in earnings		(261)		(499)		(760)
Modification recognized in earnings		–		143		143
Deductions – warrant liability settlement		(456)		–		(456)
Balance at September 30	$	124	$	1,569	$	1,693

Schedule of Change in the Fair Value of the Derivative Liabilities

(Dollars in thousands)
	Three Months Ended September 30, 2018
	Bridge Notes
	Redemption		Conversion		Total Derivative
	Feature		Option		Liabilities
Beginning balance at July 1	$	143	$	—	$	143
Additions:		69		241		310
Total loss:
Revaluation recognized in earnings		(96)		(20)		(116)
Balance at September 30	$	116	$	221	$	337

	Nine Months Ended September 30, 2019
	Bridge Notes
	Redemption		Conversion		Total Derivative
	Feature		Option		Liabilities
Beginning balance at January 1	$	30	$	32	$	62
Deductions:		(438)		(39)		(477)
Total loss:
Revaluation recognized in earnings		408		7		415
Balance at September 30	$	—	$	—	$	—
	Nine Months Ended September 30, 2018
	Bridge Notes
	Redemption		Conversion		Total Derivative
	Feature		Option		Liabilities
Beginning balance at January 1	$	—	$	—	$	—
Additions:		212		241		453
Total loss:
Revaluation recognized in earnings		(96)		(20)		(116)
Balance at September 30	$	116	$	221	$	337