Quarterly report pursuant to Section 13 or 15(d)

Organization and Summary of Significant Accounting Policies (Tables)

v3.2.0.727
Organization and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2015
Organization and Summary of Significant Accounting Policies [Abstract]  
Fair Value of Warrant Liability [Table Text Block]
As a result of the fair value adjustment of the warrant liabilities, we recorded a non-cash loss on an increase in the fair value of $1.2 million and $4.5 million for the three and six months ended June 30, 2015, respectively, in our Condensed Statements of Operations and Comprehensive Income (Loss). See Note 7, “Warrant Liability” for further discussion on the calculation of the fair value of the warrant liability.
 
 
 
Warrant
 
(in thousands)
 
liability
 
Total warrant liability at December 31, 2014
 
$
5,578
 
Adjustment to record warrants at fair value
 
 
4,464
 
Total warrant liability at June 30, 2015
 
$
10,042