Shareholders' Equity (Details Narrative 1) - USD ($) $ / shares in Units, $ in Thousands |
3 Months Ended | ||||||
---|---|---|---|---|---|---|---|
Mar. 05, 2019 |
Feb. 13, 2019 |
Jan. 31, 2019 |
Jul. 03, 2018 |
Mar. 31, 2019 |
Mar. 31, 2018 |
Dec. 31, 2018 |
|
Number of options exercised | 416 | ||||||
Exercise price (in dollars per share) | $ 4.32 | ||||||
Proceeds from exercise options | $ 2 | ||||||
Unamortized stock compensation for stock options | $ 4,448 | ||||||
Unamortized stock compensation for stock options period | 1 year 3 months 18 days | ||||||
Number of outstanding options to purchase | 1,258,982 | ||||||
Option expected life | 5 years 9 months 18 days | 5 years 8 months 12 days | |||||
Stock option recorded | $ 615 | $ 527 | |||||
General and administrative expense | $ 2,797 | $ 2,133 | |||||
Restricted Stock Units (RSUs) [Member] | |||||||
Number of shares issued | 165,000 | 241,112 | |||||
Proceeds from exercise options | $ 329 | ||||||
Unamortized stock compensation for stock options | $ 1,026 | ||||||
Option expected life | 1 year 11 months 5 days | ||||||
Granted shares | 76,112 | 76,112 | |||||
Vesting period | 4 years | ||||||
General and administrative expense | $ 63 | ||||||
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 Firms 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 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. | ||||||
Employee [Member] | |||||||
Number of options exercised | 416 | ||||||
Number of shares issued | 416 | ||||||
Exercise price (in dollars per share) | $ 3.78 | ||||||
Proceeds from exercise options | $ 2 | ||||||
Consultant [Member] | |||||||
Accounts payable and accrued expenses | $ 96 | $ 93 |