Annual report pursuant to Section 13 and 15(d)

Note 7 - Restatement (Tables)

v3.8.0.1
Note 7 - Restatement (Tables)
12 Months Ended
Dec. 31, 2015
Note 7 - Restatement Tables  
Schedule of restatements
Liabilities and Stockholders:  

As previously

reported

 

Effects of

restatement/

reclassification

  Restated  
               
Warrant liability   $     44,531,000   $    33,266,000   $ (11,265,000)  
Accumulated deficit   $ (145,682,000)   $ (134,417,000)   $   11,265,000  

 

Liabilities and Stockholders:  

As previously

reported

 

Effects of

restatement/

reclassification

  Restated
             
Change in value of warrants and derivative liabilities   $     (6,760,000)   $        4,505,000   $    11,265,000
Net loss   $   (32,726,000)   $    (21,461,000)   $    11,265,000
Loss per share – basic and diluted   $            (13.67)   $               (8.96)   $               4.71