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Business, Liquidity and Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of liabilities measured at fair value on a recurring basis
          Level 1           Level 3  
    Balance at     Quoted prices in     Level 2     Significant  
    December 31,     active markets for     Significant other     unobservable  
(In thousands)   2014     identical assets     observable inputs     inputs  
Liabilities:                                
Fair value liability for price adjustable warrants   $ 9,225     $ -     $ -     $ 9,225  
Fair value liability for shares to be issued     75       75       -       -  
Total liabilities at fair value   $ 9,300     $ 75     $ -     $ 9,225  

 

          Level 1           Level 3  
          Quoted prices in     Level 2     Significant  
    Balance at     active markets for     Significant other     unobservable  
 (In thousands)   March 31, 2015     identical assets     observable inputs     inputs  
Liabilities:                                
Fair value liability for price adjustable warrants   $ 7,496     $ -     $ -     $ 7,496  
Total liabilities at fair value   $ 7,496     $ -     $ -     $ 7,496  
Schedule of fair value liability of price adjustable warrants determined by Level 3
          Weighted average as of each measurement date  
    Fair value                                
    liability for price                       Contractual        
    adjustable warrants     Exercise     Stock           life     Risk free  
    (in thousands)     Price     Price     Volatility     (in years)     rate  
                                     
Balance at December 31, 2014   $ 9,225     $ 0.42     $ 0.95       121 %     3.51       0.90 %
Change in fair value included in statement of operations     (1,729 )                                        
Balance at March 31, 2015   $ 7,496     $ 0.42     $ 0.64       110 %     2.42       0.66 %
Schedule of anti-dilutive securities
Three Months Ended March 31,
2014 2015
Stock options outstanding 284,829 1,316,106
Warrants 21,235,695 1,285,693
Total 21,520,524 2,601,799
Schedule of reconciliation of diluted weighted average shares outstanding

 

Three Months Ended March 31,
2014 2015
Net income (loss) – numerator basic $ (15,078 ) $ 414
Change in fair value liability for price adjustable warrants - (1,729 )
Net loss excluding change in fair value liability for price adjustable warrants $ (15,078 ) $ (1,315 )
Weighted average common shares outstanding – denominator basic 21,447 25,632
Effect of price adjustable warrants - 6,923
Weighted average dilutive common shares outstanding 21,447 32,555
Net income (loss) per common share – basic $ (0.70 ) $ 0.02
Net income (loss) per common share – diluted $ (0.70 ) $ (0.04 )