XML 40 R26.htm IDEA: XBRL DOCUMENT v3.10.0.1
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2018
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value On Recurring Basis by Level

 

    Fair Value Measurement Using  
    Total     Quoted Prices in
Active Markets
for Identical
Instruments
(Level 1)
    Significant
Other
Observable
 Inputs 
(Level 2)
    Significant
Unobservable
Inputs
(Level 3)
 
Liabilities at September 30, 2018:                                
Warrants issued August 2013   $     $     $     $  
Warrants issued September 2016                        
Total liabilities at fair value:   $     $     $     $  
Liabilities at December 31, 2017:                                
Warrants issued August 2013   $ 5,746     $     $     $ 5,746  
Warrants issued September 2016     19,569,231                   19,569,231  
Total liabilities at fair value:   $ 19,574,977     $     $     $ 19,574,977  

Summary of Changes in Fair Value of Level 3 Financial Liabilities

The following table sets forth a summary of changes in the fair value of the Company’s Level 3 financial liabilities for the nine month period ended September 30, 2018:

 

    Warrants issued August 2013     Warrants issued September 2016     Total Liabilities  
Balance at beginning of period   $ 5,746     $ 19,569,231     $ 19,574,977  
Issues     -       -       -  
Reclassifications     -       (16,984,616 )     (16,984,616 )
Settlements     -       -       -  
Revaluation     (5,746 )     (2,584,615 )     (2,590,361 )
Balance at end of period   $ -     $ -     $ -