Quarterly report pursuant to Section 13 or 15(d)

Fair Value of Financial Instruments (Tables)

v2.4.0.8
Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2014
Fair Value of Financial Instruments [Abstract]  
Financial assets and liabilities measured at fair value on a recurring basis
Financial assets and liabilities measured at fair value on a recurring basis as of March 31, 2014 and December 31, 2013 are summarized below:


(in thousands)
 
 
 
 
 
 
Description
As of
March 31, 2014
 
Level 1
 
Level 2
 
Level 3
 
Total Gains
(Losses)
 
Liabilities:
  Derivative liability-
 
 
 
 
 
    preferred stock
 
$
607
   
$
-
   
$
-
   
$
607
   
$
583
 
 
                                       

(in thousands)
 
 
 
 
 
 
 
Description
As of
December 31, 2013
 
Level 1
 
Level 2
 
Level 3
 
Total Gains
(Losses)
 
Liabilities:
  Derivative liability-
 
 
 
 
 
    preferred stock
 
$
1,190
   
$
-
   
$
-
   
$
1,190
   
$
8,010