Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

v3.19.2
FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
3 Months Ended
Jun. 30, 2019
Fair Value Disclosures [Abstract]  
Schedule of Changes in the Fair value of Level 3 valuation for Warrant liability
The table presented below is a summary of changes in the fair value of the Company’s Level 3 valuations for the warrant liability for the three months ended June 30, 2018 (in thousands):
 
   
Warrant liability
 
Balance, March 31, 2018
  $ 272  
Changes in fair value
    (108
   
 
 
 
Balance, June 30, 2018
  $ 164  
   
 
 
 
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments The carrying value and fair value of the financial liabilities were primarily comprised of the following as of June 30, 2019 and March 31, 2019 (in thousands):
 
   
As of
 
   
June 30, 2019
   
March 31, 2019
 
   
Carrying
Value
   
Fair Value
   
Carrying
Value
   
Fair Value
 
Long term debt:
(1)
                               
Term loan agreement
  $ 164,175     $ 156,918     $ 164,588     $ 160,259  
Total long-term debt
  $ 164,175     $ 156,918     $ 164,588     $ 160,259  
 
(1)
 
Fair value based on outstanding borrowings and market interest rates (level 2)