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)
9 Months Ended
Sep. 30, 2013
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, 2013 and December 31, 2012 are summarized below:

(in thousands)
         
 
 
Description
As of
September 30, 2013
 
Level 1
 
Level 2
 
Level 3
 
Total Gains
 
Liabilities:
  Derivative liability-
         
    warrants
  $131     $-     $131     $-     $140  
    preferred stock
  $729     $-     $-     $729     $8,471  

(in thousands)
         
 
 
Description
As of
December 31, 2012
 
Level 1
 
Level 2
 
Level 3
 
Total Gains
(Losses)
 
Liabilities:
  Derivative liability-
         
    warrants
  $271     $-     $271     $-     $1,236  
    preferred stock
  $9,200     $-     $-     $9,200     $(4,770 )