Reconciliation of warrant liability, additional paid-in capital and accumulated deficit |
|
|
Consolidated
Balance Sheet |
|
|
|
Warrant
Liability
|
|
|
Additional
paid in capital |
|
|
Accumulated
deficit
|
|
Balance,
March 31, 2017 (Prior to adoption of ASU 2017-11) |
|
$ |
991,000 |
|
|
$ |
49,838,468 |
|
|
$ |
(54,883,223 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Reverse
beginning balance as of January 1, 2017 |
|
|
(1,313,000 |
) |
|
|
(9,806,844 |
) |
|
|
11,119,844 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Change
in fair value of warrant liability |
|
|
208,000 |
|
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock
issued upon cashless warrant exercise |
|
|
114,000 |
|
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance,
March 31, 2017 (After adoption of ASU 2017-11) |
|
|
- |
|
|
$ |
40,031,625 |
|
|
$ |
(43,763,379 |
) |
|
Summary of the changes in fair value of the warrant liability |
|
|
Consolidated Statement
Of Operations
|
|
|
|
Change in value of warrant liability |
|
|
Net loss |
|
Balance, March 31, 2017 (Prior to adoption of ASU 2017-11) |
|
$ |
208,000 |
|
|
$ |
(1,445,285 |
) |
|
|
|
|
|
|
|
|
|
Change in fair value of warrant liability |
|
|
(208,000 |
) |
|
|
(208,000 |
) |
|
|
|
|
|
|
|
|
|
Balance, March 31, 2017 (After adoption of ASU 2017-11) |
|
|
- |
|
|
$ |
(1,653,285 |
) |
|