Quarterly report pursuant to Section 13 or 15(d)

Organization and Summary of Significant Accounting Policies (Tables)

v2.4.0.6
Organization and Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2012
Organization and Summary of Significant Accounting Policies [Abstract]  
Fair value of the warrant liability

The following table rolls forward the fair value of the Company’s warrant liabilities, the fair value of which is determined by Level 3 inputs for the three and nine month periods ended September 30, 2012 and 2011 (in thousands):

 

                                 
    Three Months Ended
September 30,
    Nine months Ended
September 30,
 
    2012     2011     2012     2011  

Fair value, beginning of period

  $ 4,535     $ 7,103     $ 3,611     $ —    

Issuance of warrants

    —         —         2,863       5,473  

Change in fair value

    3,673       (2,390     1,734       (760
   

 

 

   

 

 

   

 

 

   

 

 

 

Fair value, end of period

  $ 8,208     $ 4,713     $ 8,208     $ 4,713