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Fair Value Measurements (Tables)
3 Months Ended
Jun. 30, 2017
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Carried at Fair Value on Recurring Basis
The following table provides the assets and liabilities carried at fair value on a recurring basis, measured as of June 30, 2017 and March 31, 2017 (in thousands):
 
Total
Carrying
Value
 
Quoted Prices in
Active Markets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
Significant
Unobservable Inputs
(Level 3)
June 30, 2017:
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
Cash equivalents
$
27,334

 
$
27,334

 
$

 
$

Derivative liabilities:
 
 
 
 
 
 
 
Warrants
$
998

 
$

 
$

 
$
998

 
Total
Carrying
Value
 
Quoted Prices in
Active Markets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
Significant
Unobservable Inputs
(Level 3)
March 31, 2017:
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
Cash equivalents
$
14,105

 
$
14,105

 
$

 
$

Derivative liabilities:
 
 
 
 
 
 
 
Warrants
$
1,923

 
$

 
$

 
$
1,923

Schedule of Liabilities Measured at Fair Value on Recurring Basis
The table below reflects the activity for the Company’s major classes of liabilities measured at fair value on a recurring basis (in thousands):
 
Warrants
April 1, 2017
$
1,923

Mark to market adjustment
(925
)
Balance at June 30, 2017
$
998

 
Warrants
April 1, 2016
$
3,227

Mark to market adjustment
(1,304
)
Balance at March 31, 2017
$
1,923