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Organization and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Sep. 30, 2013
Accounting Policies [Abstract]  
Summary of warrants measured at fair value on a recurring basis
The following table presents the Company’s warrants measured at fair value on a recurring basis as of September 30, 2013 and March 31, 2013 classified using the valuation hierarchy:
 
 
Level 3
 
Level 3
 
 
Carrying  Value
 
Carrying Value
 
 
September 30,
 
March 31,
 
 
2013
 
2013
 
 
(unaudited)
 
 
 
 
Derivative Liabilities
$
1,199
 
$
20,848
 
Summary of reconciliation of beginning and ending balances for derivative liabilities measured at fair value
The following table provides a reconciliation of the beginning and ending balances for the Company’s derivative liabilities measured at fair value using Level 3 inputs for the three months ended September 30, 2013 and 2012:
 
 
 
Level 3
 
Level 3
 
 
 
Carrying Value
 
Carrying Value
 
 
 
2013
 
2012
 
Balance at March 31,
 
$
20,848
 
$
37,334
 
Change in fair value
 
 
(19,649)
 
 
(33,824)
 
 
 
 
 
 
 
 
 
Balance at September 30, (unaudited)
 
$
1,199
 
$
3,510