XML 38 R15.htm IDEA: XBRL DOCUMENT v3.2.0.727
Description of Business and Summary of Significant Accounting Policies (Tables)
3 Months Ended
Jun. 30, 2015
Accounting Policies [Abstract]  
Estimated Fair Values of Liabilities Measured on Recurring Basis

The estimated fair values of the liabilities measured on a recurring basis are as follows:

 

 

 

Fair Value Measurements at June 30 and March 31, 2015 (in thousands):

 

 

 

Balance at

June 30, 2015

 

 

Quoted

Prices in

Active

Markets

(Level 1)

 

 

Significant

Other

Observable

Inputs

(Level 2)

 

 

Significant

Other

Unobservable

Inputs

(Level 3)

 

Warrant liability

 

$

26

 

 

 

 

 

 

 

 

$

26

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at

March 31, 2015

 

 

Quoted

Prices in

Active

Markets

(Level 1)

 

 

Significant

Other

Observable

Inputs

(Level 2)

 

 

Significant

Other

Unobservable

Inputs

(Level 3)

 

Warrant liability

 

$

126

 

 

 

 

 

 

 

 

$

126

 

 

Activity for Liabilities Measured at Estimated Fair Value Using Unobservable Inputs

 

The following table presents the activity for liabilities measured at estimated fair value using unobservable inputs for the three months ended June 30, 2015:

Fair Value Measurements Using Significant Unobservable Inputs (Level 3)

 

 

Warrant

Derivative

Liability

(in thousands)

 

Balance at March 31, 2015

$

126

 

Issuances

 

 

Adjustments to estimated fair value

 

38

 

Warrant liability removal due to settlements

 

(138

)

Warrant liability reclassified to equity

 

 

Balance at June 30, 2015

$

26