Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v2.4.1.9
FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Mar. 31, 2015
Fair Value Disclosures [Abstract]  
Fair Value Measurements
The table below sets forth a summary of changes in the fair value of our (Level 3) financial instruments for the nine months ended March 31, 2015:
 
 
 
 
 
Estimated fair
 
Change in estimated
 
 
 
 
 
Balance at
 
value of new
 
fair value
 
Balance at
 
 
 
June 30,
 
derivative
 
recognized in results
 
March 31,
 
 
 
2014
 
liabilities
 
of operations
 
2015
 
 
 
 
 
 
 
 
 
 
 
Warrant derivative liabilities
 
$
571,000
 
$
-
 
$
(498,000)
 
$
73,000