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 |