Quarterly report pursuant to Section 13 or 15(d)

Fair Value of Financial Instruments (Tables)

v2.4.0.6
Fair Value of Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2012
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 September 30, 2012 and December 31, 2011 are summarized below:

(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Description
 
As of September 30, 2012
 
 
 
Level 1
 
 
 
Level 2
 
 
 
Level 3
 
 
Total Gains (Losses)
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative liability-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
warrants
 
$
271
 
 
$
-
 
 
$
271
 
 
$
-
 
 
$
1,236
 
preferred stock
 
$
30,200
 
 
$
-
 
 
$
-
 
 
$
30,200
 
 
$
(25,770
 )

(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Description
 
As of December 31, 2011
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
 
 
Total Gains
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative liability-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
warrants
 
$
1,507
 
 
$
-
 
 
$
1,507
 
 
$
-
 
 
$
3,580
 
preferred stock
 
$
4,430
 
 
$
-
 
 
$
-
 
 
$
4,430
 
 
$
1,410