Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.21.2
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2021
Schedule of Company's financial assets and liabilities that are measured at fair value on a recurring basis

The Company’s financial assets and liabilities that are measured at fair value on a recurring basis as of June 30, 2021 and December 31, 2020 by level within the fair value hierarchy, are as follows:

(in thousands)

June 30, 2021

Significant

Quoted prices

other

Significant

in active

  observable

  unobservable

markets

inputs

inputs

    

(Level 1)

    

(Level 2)

    

(Level 3)

Liabilities:

  

  

  

Warrant liability

$

-

$

-

$

8

(in thousands)

December 31, 2020

Significant

Quoted prices

other

Significant

in active

  observable

  unobservable

markets

inputs

inputs

    

(Level 1)

    

(Level 2)

    

(Level 3)

Liabilities:

  

  

  

Derivative liability

$

-

$

-

$

387

Warrant liability

$

-

$

-

$

8

Warrant  
Schedule of changes in fair value of the Company's warrant liability and derivative liability measured at fair value using significant unobservable inputs (Level 3)

The following table includes a summary of changes in fair value of the Company’s warrant liability measured at fair value using significant unobservable inputs (Level 3) for the three and six months ended June 30, 2021 and 2020:

For the three months ended

For the six months ended

(in thousands)

    

June 30, 2021

    

June 30, 2020

    

June 30, 2021

    

June 30, 2020

Beginning balance

$

8

$

5

$

8

$

24

Additions

 

-

-

 

-

-

Change in fair value

 

-

(5)

 

-

(24)

Ending balance

$

8

$

-

$

8

$

-