Annual report pursuant to Section 13 and 15(d)

Stockholder's Equity (Details Narrative 1)

v3.19.1
Stockholder's Equity (Details Narrative 1) - USD ($)
$ / shares in Units, $ in Thousands
12 Months Ended
Jan. 02, 2019
Nov. 08, 2018
Sep. 14, 2018
Aug. 23, 2018
Jul. 31, 2018
Jul. 05, 2018
Jul. 03, 2018
Feb. 21, 2018
Dec. 31, 2018
Dec. 31, 2017
Dec. 30, 2017
Feb. 13, 2019
Feb. 06, 2019
Jan. 02, 2018
Buy-out payments                 $ 240          
General and administrative expense                 $ 8,547 $ 6,287        
Number of options exercised                 15,294   1,438      
Exercise price (in dollars per share)                 $ 3.31   $ 2.38      
Proceeds from exercise options                 $ 48        
Unamortized stock compensation for stock options                 $ 2,898          
Unamortized stock compensation for stock options period                 1 year 1 month 28 days          
Number of outstanding options to purchase                 1,113,792          
Option expected life                 4 years 4 months 10 days          
Number of option available for grant                 812,000   2,020,769      
Stock option recorded                 $ 1,832 $ 1,744        
Executive Search Firm [Member]                            
Description of compensation paid to executive search firm             The terms of the engagement were that upon a successful search, the Company would compensate the Firm one-third of the total first-year actual cash compensation for the position. The Company agreed to (a) make payments based on the CEO’s base salary of $475, and (b) make a true-up payment (the “True-up Payment”) at the end of the CEO’s first year of employment base on the actual cash compensation earned within the CEO’s first year of employment, exclusive of any Employment Buy-Out Payments.              
Buy-out payments             $ 475              
Description of firm compensation             The Firm’s total compensation is to be paid 75% in cash and 25% in equity in the form of a warrant valued per the last round valuation. The cash component for the initial base salary measurement for $119 was payable in three (3) monthly installments with the first installment dated at the start date of the engagement.   The Firm’s total compensation is the aggregate of one-third of the base salary of $475 which was paid as of December 31, 2018 and one-third of any additional cash compensation          
Description of contingent payments terms                 (i) a warrant (the “Contingent Warrant”) for 25% of one-third of any additional cash compensation earned by the CEO during his first year of employment, and (ii) a cash payment for 75% of one-third of any additional cash compensation earned by the CEO during his first year of employment. For items (i) and (ii), a True-up Payment will be determined after the first year of employment ends and the additional cash compensation is known.          
General and administrative expense             $ 119              
Employee [Member]                            
Number of options exercised     5,000 3,943 1,792 773                
Number of shares issued     5,000 3,943 1,792 773                
Exercise price (in dollars per share)     $ 4.50 $ 2.38 $ 2.52 $ 4.50                
Proceeds from exercise options     $ 23 $ 9 $ 5 $ 3                
Consultant [Member]                            
General and administrative expense               $ 251            
Description of consultant expense                 (i) $158 earned for one-third of $475 paid 75% in cash and 25% by issuing the Base Warrant, and (ii) $93 for the estimated cash portion of the True-up Payment that will also be paid 75% in cash and 25% by issuing a variable number of warrants. As of December 31, 2018, the Company has recorded in the aggregate $93 in accounts payable and accrued expenses in relation to this agreement.          
Number of options exercised               896            
Number of shares issued               391            
Employee [Member]                            
Number of options exercised     499 2,389                    
Number of shares issued     499 2,389                    
Exercise price (in dollars per share)     $ 5.00 $ 2.52                    
Proceeds from exercise options     $ 2 $ 6                    
Warrant [Member]                            
Exercise price (in dollars per share)   $ 5.00                        
Warrant expiartion date   Nov. 08, 2021                        
Fair Value of warrants   $ 7,917                        
General and administrative expense   $ 11                        
Number of shares issued   7,917                        
2016 Equity Incentive Plan [Member]                            
Weighted-average exercise price (in dollars per share)                 $ 2.59          
Option expected life                 5 years 9 months 18 days 5 years 9 months 18 days        
Option volatility                 68.72% 60.00%        
Option risk-free rate                 3.01%          
Option dividend rate                 0.00% 0.00%        
Number of common stock available for issuance                 2,641,250         629,594
Number of option available for grant                 99,417          
Percentage of increase in shares annually                 6.00%          
2016 Equity Incentive Plan [Member] | Minimum [Member]                            
Option risk-free rate                   1.92%        
2016 Equity Incentive Plan [Member] | Maximum [Member]                            
Option risk-free rate                   2.36%        
Subsequent Event [Member]                            
Total reserve available for future issuance                       165,000    
Subsequent Event [Member] | Employee [Member]                            
Total reserve available for future issuance                       672,144    
Subsequent Event [Member] | Warrant [Member]                            
Exercise price (in dollars per share) $ 10.00                       $ 7.25  
Subsequent Event [Member] | 2016 Equity Incentive Plan [Member]                            
Percentage of increase in shares annually 6.00%                          
Common stock available for issuance 1,286,409                          
Total reserve available for future issuance 3,927,659                          
Additional shares available for future issuance 1,381,473