Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

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Fair Value Measurements (Tables)
 3 Months Ended
Mar. 31, 2017
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]  
Schedule of Financial Liabilities Measured at Fair Value on Recurring Basis by Level within Fair Value Hierarchy

The following tables set forth the financial liabilities measured at fair value on a recurring basis by level within the fair value hierarchy as of March 31, 2017 and December 31, 2016:

 

    Fair Value Measurements as of March 31, 2017  
Description   Level 1     Level 2     Level 3     Total  
Derivative liability                                
Common stock warrants   $ -     $ -     $ 517     $ 517  

 

    Fair Value Measurements as of December 31, 2016  
Description   Level 1     Level 2     Level 3     Total  
Derivative liability                                
Common stock warrants   $ -     $ -     $ 528     $ 528  

Common Stock Warrants [Member]  
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]  
Schedule of Assumptions Used in Estimating Fair Value

The assumptions used in estimating the common stock warrant liability as of March 31, 2017 and December 31, 2016 were as follows:

 

    March 31, 2017     December 31, 2016  
Weighted-average risk free interest rate     1.64 %     0.92 %
Weighted-average expected life (in years)     2.0       2.5  
Expected dividend yield     0 %     0 %
Weighted-average expected volatility     125 %     136 %