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Derivative Warrant Liabilities (Tables)

12 Months Ended

Dec. 31, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Outstanding Warrants Liabilities

The remaining outstanding warrants and terms as of the closing date of the Merger (November 28, 2016) and as of Dec 31 2016 is as follows:

Issuance Date		Outstanding as of November 28, 2016				Exercise Price Per Share				Exercisable as of December 31, 2016				Exercisable Through

Series A (2011)			64,230				$151.20				–			December 2016
Series A (2013)			57,814				$194.40				57,814			October 2018
Series A (2013)			2,718				$183.60				2,718			April 2023
Series A (2015)			10,139				$91.80				10,139			April 2020
Series A (2016)(a)			10,047				$2.70				10,047			March 2018
Series B (2016)(a)			41,116				$2.70				41,116			March 2022

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	(a)	These warrants contain a full ratchet anti-dilution price protection so that, in most situations upon the issuance of any common stock or securities convertible into common stock at a price below the then-existing exercise price of the outstanding warrants, the warrant exercise price will be reset to the lower common stock sales price.

Schedule of Valuation of Derivative Warrant Liabilities

The following table summarizes the observable inputs used in the valuation of the derivative warrant liabilities as of November 28, 2016 and December 31, 2016 (in thousands):

		Series A (2011)				Series A (2013)				Series A (2013)				Series A (2015)				Series A (2016)				Series B (2016)				Total
Balances at November 28, 2016		$	-			$	43			$	18			$	45			$	81			$	388			$	575
Exercised			-				-				-				-				-				-				-
Cancelled			-				-				-				-				-				-				-
Changes in fair value			-				(31	)			(9	)			(23	)			(38	)			(161	)			(262	)
Balances at December 31, 2016		$	-			$	12			$	9			$	22			$	43			$	227			$	313

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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