| Reconciliation of warrant liability, additional paid-in capital and accumulated deficit |
| |
|
Consolidated Balance Sheet |
|
| |
|
Warrant
Liability
|
|
|
Additional
paid in capital
|
|
|
Accumulated
deficit
|
|
| Balance, Septermber 30, 2017 (Prior to adoption of ASU 2017-11) |
|
$ |
163,000 |
|
|
$ |
52,109,076 |
|
|
$ |
(54,787,813 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Reverse beginning balance as of January 1, 2017 |
|
|
(1,313,000 |
) |
|
|
(9,806,844 |
) |
|
|
11,119,844 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Change in fair value of warrant liability |
|
|
919,023 |
|
|
|
- |
|
|
|
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Stock issued upon cashless warrant exercise |
|
|
230,977 |
|
|
|
- |
|
|
|
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Balance, September 30, 2017 (After adoption of ASU 2017-11) |
|
|
- |
|
|
$ |
42,302,232 |
|
|
$ |
(43,667,969 |
) |
|
| Summary of the changes in fair value of the warrant liability |
| |
|
Consolidated Statement
Of Operations
|
|
| |
|
Change in value of warrant liability |
|
|
Net
loss
|
|
| Balance, September 30, 2017 (Prior to adoption of ASU 2017-11) |
|
$ |
919,023 |
|
|
$ |
95,410 |
|
| |
|
|
|
|
|
|
|
|
| Change in fair value of warrant liability |
|
|
(919,023 |
) |
|
|
(919,023 |
) |
| |
|
|
|
|
|
|
|
|
| Balance, September 30, 2017 (After adoption of ASU 2017-11) |
|
|
- |
|
|
$ |
(823,613 |
) |
|