Fair Value (Tables)

12 Months Ended

Dec. 31, 2013

Defined Benefit Plan Disclosure [Line Items]

Summary of Fair Value

The following are the major categories of assets and liabilities measured at fair value on a recurring basis as of December 31, 2013 and 2012, using quoted prices in active markets for identical assets (Level 1); significant other observable inputs (Level 2); and significant unobservable inputs (Level 3):

	December 31, 2013
	(In thousands)
Description	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs		Total
	(Level 1)		(Level 2)		(Level 3)		December 31, 2013
Assets measured at fair value
Cash and Cash Equivalents	$	10,014	$	-	$	-	$	10,014
Restricted Cash		375		-		-		375
Short term investments		-	$	6,191		-	$	6,191
Total Assets measured at     fair value	$	10,389	$	6,191	$	-	$	16,580

	December 31, 2012
	(In thousands)
	Quoted Prices in
	Active Markets for		Significant Other		Significant
	Identical Assets		Observable Inputs		Unobservable Inputs		Total
Description	(Level 1)		(Level 2)		(Level 3)		December 31, 2012
Assets measured at fair value
Cash and Cash Equivalents	$	8,896	$	-	$	-	$	8,896
Restricted Cash		375		-		-		375
Short term investments		-		907		-		907
Total Assets measured at fair value	$	9,271	$	907	$	-	$	10,178
Liabilities measured at fair value
Preferred Stock Warrant Liability	$	-	$	-	$	(109)	$	(109)
Total Liabilities measured at fair value	$	-	$	-	$	(109)	$	(109)

Fair Value, Inputs, Level 3 [Member]

Defined Benefit Plan Disclosure [Line Items]

Summary of Preferred Stock Warrent Liability

The change in the fair value of the Level III preferred stock warrant liability is summarized below:

	December 31,
	2013		2012
	(In thousands)
Fair value at beginning of year	$	109	$	-
Issuances		-		128
Change in fair value recorded in other income (expense)		1,800		(19)
Reclassification to additional paid-in capital upon the merger		(1,909)		-
Fair value at end of year	$	-	$	109