Annual report pursuant to Section 13 and 15(d)

Accrued Expenses and Warrant Liability (Tables)

v3.19.1
Accrued Expenses and Warrant Liability (Tables)
12 Months Ended
Dec. 31, 2018
Payables and Accruals [Abstract]  
Components of Accrued Expense
The components of accrued expenses are as below:
 
As of December 31,
 
2018
 
2017
 
(In thousands)
Compensation
$
336

 
$
1,233

Other
58

 
70

 
$
394

 
$
1,303

Components of Warrant Liability
A roll forward of the Company’s Level 3 derivative liabilities is as follows (in thousands):
Balance, December 31, 2016
$

Fair value of derivative liabilities at issuance
3,313

Change in the fair value of derivative liabilities
(2,217
)
Balance, December 31, 2017
1,096

Change in fair value of warrant liability
3,445

Reclassification to additional paid-in capital
(4,541
)
Balance, December 31, 2018
$