Quarterly report pursuant to Section 13 or 15(d)

Organization and Summary of Significant Accounting Policies (Tables)

v3.4.0.3
Organization and Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2016
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 gain on a decrease in the fair value of approximately $4,000 for the three months ended March 31, 2016 and a non-cash loss on an increase in the fair value of approximately $3.3 million for the three months ended March 31, 2015 in our Condensed Statements of Operations and Comprehensive Income (Loss). See Note 6, “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, 2015
 
$
1,444
 
Adjustment to record warrants at fair value
 
 
(4)
 
Total warrant liability at March 31, 2016
 
$
1,440