diff --git a/float16.cr b/float16.cr
new file mode 100644
index 0000000..b363372
--- /dev/null
+++ b/float16.cr
@@ -0,0 +1,135 @@
+f32_to_f16 1.5
+f32_to_f16 50.5
+f32_to_f16 0.0
+f32_to_f16 -1.0
+f32_to_f16 0.15625
+f32_to_f16 (1_f32 / 0_f32).as(Float32)
+
+def binary_8(v)
+	sprintf "%08b", v & 0xFF
+end
+
+def binary_16(v)
+	sprintf "%08b %08b",
+		(v >> 8) & 0xFF,
+		v        & 0xFF
+end
+
+def binary_24(v)
+    sprintf "%08b %08b %08b",
+    	(v >> 16) & 0xFF,
+    	(v >> 8)  & 0xFF,
+    	v         & 0xFF
+end
+
+def binary_mantisse(v)
+	binary_24(v)[1..]
+end
+
+def binary_32(v)
+    sprintf "%08b %08b %08b %08b",
+    	(v >> 24) & 0xFF,
+    	(v >> 16) & 0xFF,
+    	(v >> 8)  & 0xFF,
+    	v         & 0xFF
+end
+
+def print_summary(value : Float32)
+
+	# 0 or 1
+	sign = (buffer[0].to_u32 >> 7) 
+	# 8-bit value
+	exp  = ((buffer[0].to_u32 & 0x7F) << 1) | (buffer[1].to_u32 >> 7)
+	# 23-bit value
+	man  = (buffer[1].to_u32 << 16) | (buffer[2].to_u32 << 8) | buffer[3].to_u32
+
+	str_value = "%10.6f" % value
+	str_sign  = binary_8(sign)[-1]
+	str_exp   = binary_8(exp)
+	str_man   = binary_mantisse(man)
+
+	puts "#{str_value} => #{str_sign} #{str_exp} #{str_man}"
+end
+
+def print_summary(value : Float32)
+end
+
+def f32_to_f16(value : Float32)
+    # TODO: is there a simpler way to perform binary operations over a float?
+    # Extract IEEE754 components
+    io = IO::Memory.new
+    io.write_bytes(value, IO::ByteFormat::NetworkEndian)
+    io.rewind
+    v = io.gets(4)
+
+    if v.nil?
+    	raise "cannot perform f32 to f16 on value #{value}"
+	end
+
+	buffer = v.to_slice
+
+	# 0 or 1
+	sign = (buffer[0].to_u32 >> 7) 
+	# 8-bit value
+	exp  = ((buffer[0].to_u32 & 0x7F) << 1) | (buffer[1].to_u32 >> 7)
+	# 23-bit value
+	man  = (buffer[1].to_u32 << 16) | (buffer[2].to_u32 << 8) | buffer[3].to_u32
+
+	print_summary value, buffer
+
+	# Check for all exponent bits being set, which is Infinity or NaN
+	if exp == 0xFF
+		puts "exp == 0xFF"
+		# Set mantissa MSB for NaN (and also keep shifted mantissa bits)
+		nan_bit = man == 0 ? 0 : 0x0200
+		pp! binary_24(nan_bit)
+		float16_value = ((sign << 15) | 0x7C00 | nan_bit | man) & 0xFFFF
+		f16_value = sprintf "%08b %08b", float16_value >> 8, float16_value & 0xFF
+		pp! f16_value
+		return float16_value
+	end
+
+	return 0
+
+#    // The number is normalized, start assembling half precision version
+#    let half_sign = sign >> 16;
+#    // Unbias the exponent, then bias for half precision
+#    let unbiased_exp = ((exp >> 23) as i32) - 127;
+#    let half_exp = unbiased_exp + 15;
+#
+#    // Check for exponent overflow, return +infinity
+#    if half_exp >= 0x1F {
+#        return (half_sign | 0x7C00u32) as u16;
+#    }
+#
+#    // Check for underflow
+#    if half_exp <= 0 {
+#        // Check mantissa for what we can do
+#        if 14 - half_exp > 24 {
+#            // No rounding possibility, so this is a full underflow, return signed zero
+#            return half_sign as u16;
+#        }
+#        // Don't forget about hidden leading mantissa bit when assembling mantissa
+#        let man = man | 0x0080_0000u32;
+#        let mut half_man = man >> (14 - half_exp);
+#        // Check for rounding (see comment above functions)
+#        let round_bit = 1 << (13 - half_exp);
+#        if (man & round_bit) != 0 && (man & (3 * round_bit - 1)) != 0 {
+#            half_man += 1;
+#        }
+#        // No exponent for subnormals
+#        return (half_sign | half_man) as u16;
+#    }
+#
+#    // Rebias the exponent
+#    let half_exp = (half_exp as u32) << 10;
+#    let half_man = man >> 13;
+#    // Check for rounding (see comment above functions)
+#    let round_bit = 0x0000_1000u32;
+#    if (man & round_bit) != 0 && (man & (3 * round_bit - 1)) != 0 {
+#        // Round it
+#        ((half_sign | half_exp | half_man) + 1) as u16
+#    } else {
+#        (half_sign | half_exp | half_man) as u16
+#    }
+end