FAIR VALUE (Tables)

6 Months Ended

Jun. 30, 2020

FAIR VALUE [Abstract]

Schedule of Changes in Fair Value of Liability

Dollars in Thousands
	Three Months Ended June 30, 2020
	2016 Warrant		Bridge Note		Total Warrant
	Liability		Warrant Liabilities		Liabilities
Beginning balance at April 1	$	58	$	344	$	402
Total (gains) losses:
Revaluation recognized in earnings		(19)		391		372
Balance at June 30	$	39	$	735	$	774
	Three Months Ended June 30, 2019
	2016 Warrant		Bridge Note		Total Warrant
	Liability		Warrant Liabilities		Liabilities
Beginning balance at April 1	$	93	$	799	$	892
Additions:		–		1,858		1,858
Total (gains) losses:
Revaluation recognized in earnings		(7)		829		822
Modification recognized in earnings		–		1,128		1,128
Deductions – warrant exercises		–		(2,364)		(2,364)
Balance at June 30	$	86	$	2,250	$	2,336

Dollars in Thousands
	Six Months Ended June 30, 2020
	2016 Warrant		Bridge Note		Total Warrant
	Liability		Warrant Liabilities		Liabilities
Beginning balance at January 1	$	70	$	1,268	$	1,338
Total gains:
Revaluation recognized in earnings		(31)		(533)		(564)
Balance at June 30	$	39	$	735	$	774
	Six Months Ended June 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		(30)		612		582
Modification recognized in earnings		–		1,128		1,128
Deductions – warrant liability settlement		–		(2,364)		(2,364)
Balance at June 30	$	86	$	2,250	$	2,336

Schedule of Change in the Fair Value of the Derivative Liabilities

During the three and six months ended June 30, 2019, the change in the fair value of the derivative liabilities measured using significant unobservable inputs (Level 3) was comprised of the following:

(Dollars in thousands)
	Three Months Ended June 30, 2019
	Bridge Notes
	Redemption		Conversion		Total Derivative
	Feature		Option		Liabilities
Beginning balance at April 1	$	—	$	—	$	—
Deductions - write-off in conjunction with convertible note conversions		(438)		—		(438)
Total loss:
Revaluation recognized in earnings		438		—		438
Balance at June 30	$	—	$	—	$	—

	Six Months Ended June 30, 2019
	Bridge Notes
	Redemption		Conversion		Total Derivative
	Feature		Option		Liabilities
Beginning balance at January 1	$	30	$	32	$	62
Deductions - write-off in conjunction with convertible note conversions		(438)		(39)		(477)
Total loss:
Revaluation recognized in earnings		408		7		415
Balance at June 30	$	—	$	—	$	—