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Fair Value Considerations (Tables)
3 Months Ended
Mar. 31, 2019
Fair Value Considerations [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table presents Ampio’s financial assets and liabilities that were accounted for at fair value on a recurring basis as of March 31, 2019 and December 31, 2018, by level within the fair value hierarchy:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Fair Value Measurements Using

 

    

Level 1

    

Level 2

    

Level 3

    

Total

March 31, 2019

 

 

  

 

 

  

 

 

  

 

 

  

LIABILITIES

 

 

  

 

 

  

 

 

  

 

 

  

Warrant derivative liability

 

$

 —

 

$

 —

 

$

10,093,000

 

$

10,093,000

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

 

  

 

 

  

 

 

  

 

 

  

LIABILITIES

 

 

  

 

 

  

 

 

  

 

 

  

Warrant derivative liability

 

$

 —

 

$

 —

 

$

6,933,000

 

$

6,933,000

 

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

The following table sets forth a reconciliation of changes in the fair value of financial liabilities classified as Level 3 in the fair value hierarchy:

 

 

 

 

 

    

Derivative Instruments

 

 

 

 

Balance as of December 31, 2018

 

$

6,933,000

Warrant exercises

 

 

(24,000)

Change in fair value

 

 

3,184,000

Balance as of March 31, 2019

 

$

10,093,000