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Equity Transactions (Tables)
9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Schedule of Reconciliation of Warrant Liability, Additional Paid-in Capital, Accumulated Deficit and Change in Fair Value of Warrant Liability on Balance Sheets

The following tables provide a reconciliation of Warrant liability, Additional paid-in capital, Accumulated deficit and Change in fair value of warrant liability on the consolidated balance sheets as of September 30, 2016, December 31, 2016, March 31, 2017, and June 30, 2017 (in thousands):

 

 

 

Consolidated Balance Sheet

 

 

 

Related-party

notes payable

 

 

Notes payable

 

 

Warrant liability

 

 

Additional

paid-in capital

 

 

Accumulated

deficit

 

Balance, September 30, 2016 (Prior to

   adoption of ASU 2017-11)

 

$

883

 

 

$

883

 

 

$

1,761

 

 

$

227,565

 

 

$

(222,185

)

Change in valuation of notes payable

 

 

359

 

 

 

359

 

 

 

 

 

 

(718

)

 

 

 

Reclassification of warrant liability

 

 

 

 

 

 

 

 

(1,761

)

 

 

1,761

 

 

 

 

Change in fair value of warrant liability

 

 

 

 

 

 

 

 

 

 

 

335

 

 

 

(335

)

Change in interest (expense) income, net

 

 

 

 

 

 

 

 

 

 

 

(17

)

 

 

17

 

Balance, September 30, 2016 (After adoption

   of ASU 2017-11)

 

$

1,242

 

 

$

1,242

 

 

$

 

 

$

228,926

 

 

$

(222,503

)

 

 

Consolidated Balance Sheet

 

 

 

Related-party

notes payable

 

 

Notes payable

 

 

Warrant liability

 

 

Additional

paid-in capital

 

 

Accumulated

deficit

 

Balance, December 31, 2016 (Prior to

   adoption of ASU 2017-11)

 

$

967

 

 

$

967

 

 

$

1,210

 

 

$

227,889

 

 

$

(225,397

)

Change in valuation of notes payable

 

 

328

 

 

 

328

 

 

 

 

 

 

(656

)

 

 

 

Reclassification of warrant liability

 

 

 

 

 

 

 

 

(1,210

)

 

 

1,210

 

 

 

 

Change in fair value of warrant liability

 

 

 

 

 

 

 

 

 

 

 

910

 

 

 

(910

)

Change in interest (expense) income, net

 

 

 

 

 

 

 

 

 

 

 

(79

)

 

 

79

 

Balance, December 31, 2016 (After adoption

   of ASU 2017-11)

 

$

1,295

 

 

$

1,295

 

 

$

 

 

$

229,274

 

 

$

(226,228

)

 

 

 

 

Consolidated Balance Sheet

 

 

 

Related-party

notes payable

 

 

Notes payable

 

 

Warrant liability

 

 

Additional

paid-in capital

 

 

Accumulated

deficit

 

Balance, March 31, 2017 (Prior to

   adoption of ASU 2017-11)

 

$

1,062

 

 

$

1,062

 

 

$

502

 

 

$

228,265

 

 

$

(227,629

)

Change in valuation of notes payable

 

 

298

 

 

 

298

 

 

 

 

 

 

(596

)

 

 

 

Reclassification of warrant liability

 

 

 

 

 

 

 

 

(502

)

 

 

502

 

 

 

 

Change in fair value of warrant liability

 

 

 

 

 

 

 

 

 

 

 

1,618

 

 

 

(1,618

)

Change in interest (expense) income, net

 

 

 

 

 

 

 

 

 

 

 

(139

)

 

 

139

 

Balance, March 31, 2017 (After adoption

   of ASU 2017-11)

 

$

1,360

 

 

$

1,360

 

 

$

 

 

$

229,650

 

 

$

(229,108

)

 

 

Consolidated Balance Sheet

 

 

 

Related-party

notes payable

 

 

Notes payable

 

 

Warrant liability

 

 

Additional

paid-in capital

 

 

Accumulated

deficit

 

Balance, June 30, 2017 (Prior to

   adoption of ASU 2017-11)

 

$

1,158

 

 

$

1,158

 

 

$

1,063

 

 

$

230,657

 

 

$

(230,203

)

Change in valuation of notes payable

 

 

267

 

 

 

267

 

 

 

 

 

 

(534

)

 

 

 

Reclassification of warrant liability

 

 

 

 

 

 

 

 

(1,063

)

 

 

1,063

 

 

 

 

Change in fair value of warrant liability

 

 

 

 

 

 

 

 

 

 

 

1,060

 

 

 

(1,060

)

Change in interest (expense) income, net

 

 

 

 

 

 

 

 

 

 

 

(200

)

 

 

200

 

Balance, June 30, 2017 (After adoption

   of ASU 2017-11)

 

$

1,425

 

 

$

1,425

 

 

$

 

 

$

232,046

 

 

$

(231,063

)