Relationship question

I started talking to this girl I used to know back in college. We had a non-exclusive relationship back then, went on a few dates and had fun times into the night, then she fell in love with another person. We went our separate ways and talked every once in a while by email then stopped talking entirely. About a year ago she got out of a relationship with the same guy she'd been seeing for five years, who she had a kid with.

We started talking about two months ago and I've been seeing her more lately, because I still have feelings for her after all this time. She put her kid to bed and we finally had some alone time on the couch, started to cuddle, then I started to give her a massage. In the middle of all of that she asked me "What are your intentions?" which came off as a rather loaded question, I'm not sure what she meant. I just told her that I liked her and I wanted to see where the night would take us, then she said that she had class the next morning and should probably get to bed. She said that she wasn't looking for anything serious. She said "I like you too" but what exactly does a question like that mean? I told it "It doesn't have to be serious, lets just have some fun" even though I want more. I've never dated a single mom and I wonder if she has trust issues since her last boyfriend was such an asshole.

Whats your take on this? Do I even have a chance with this woman? And why would she ask such a question?