FAIR VALUE (Tables)

9 Months Ended

Sep. 30, 2018

FAIR VALUE [Abstract]

Schedule of Changes in Fair Value of Liability

During the three and nine months ended September 30, 2018, the change in the fair value of the warrant liabilities measured using significant unobservable inputs (Level 3) were comprised of the following: 

Dollars in Thousands
	Three Months Ended September 30, 2018
		2016 Warrant Liability		2018 Warrant Liabilities		Total Warrant Liabilities
Beginning balance at July 1	$	124	$	882	$	1,006
Additions:		-		720		720
Total (gain) loss:
Revaluation recognized in earnings		-		(176)		(176)
Modification recognized in earnings		-		143		143
Deductions – warrant liability settlement		-		-		-
Balance at September 30	$	124	$	1,569	$	1,693

Dollars in Thousands
	Nine Months Ended September 30, 2018
		2016 Warrant Liability		2018 Warrant Liabilities		Total Warrant Liabilities
Beginning balance at January 1	$	841	$	-	$	841
Additions:		-		1,925		1,925
Total (gain) loss:
Revaluation recognized in earnings		(261)		(499)		(760)
Modification recognized in earnings		-		143		143
Deductions – warrant liability settlement		(456)		-		(456)
Balance at September 30	$	124	$	1,569	$	1,693

Schedule of Change in the Fair Value of the Derivative Liabilities

During the three and nine months ended September 30, 2018, the change in the fair value of the derivative liabilities were comprised of the following:

	Three Months Ended September 30, 2018
		Bridge Notes Redemption Feature		Conversion Option		Total Derivative Liabilities
Beginning balance at July 1	$	143	$	-	$	143
Additions:		69		241		310
Total (gain) loss:
Revaluation recognized in earnings		(96)		(20)		(116)
Balance at September 30	$	116	$	221	$	337

	Nine Months Ended September 30, 2018
		Bridge Notes Redemption Feature		Conversion Option		Total Derivative Liabilities
Beginning balance at January 1	$	-	$	-	$	-
Additions:		212		241		453
Total (gain) loss:
Revaluation recognized in earnings		(96)		(20)		(116)
Balance at September 30	$	116	$	221	$	337