XML 39 R27.htm IDEA: XBRL DOCUMENT v3.6.0.2
The Company (Tables)
12 Months Ended
Dec. 31, 2016
The Company [Abstract]  
Fair Value Measurements on Recurring Basis
The Company's recurring fair value measurements at December 31, 2016 and 2015 are as follows:
  
Fair Value
as of December
 31, 2016
  
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
  
Significant
other
Observable Inputs
(Level 2)
  
Significant
Unobservable
Inputs
(Level 3)
 
Liabilities:
            
Warrant liability (Note 12)
 
$
105
  
$
-
  
$
-
  
$
105
 
 
 
                 
  
Fair Value as of December 31, 2015
  
Quoted Prices in Active Markets for Identical Assets
(Level 1)
  
Significant other Observable Inputs
(Level 2)
  
Significant Unobservable Inputs
(Level 3)
 
Liabilities:
                
Warrant liability (Note 12)
 
$
7,042
  
$
-
  
$
-
  
$
7,042
 
Accrued Warranty Costs Activity
The activity in the warranty accrual during the years ended December 31, 2016 and 2015 is summarized as follows:
  
December 31,
 
  
2016
  
2015
 
       
Accrual at beginning of year
 
$
226
  
$
48
 
Acquired in asset purchase
  
-
   
265
 
Additions charged to warranty expense
  
196
   
98
 
Expiring warranties/claimed satisfied
  
(307
)
  
(185
)
Total
  
115
   
226
 
Less: current portion
  
(102
)
  
(168
)
  
$
13
  
$
58
 
Diluted Earnings Per Common Share Calculated Using Net Loss and Weighted Average Shares Outstanding
Diluted earnings per common share were calculated using the following net loss and weighted average shares outstanding for the year ended December 31, 2016:
  
Year Ended December 31, 2016
 
    
Net loss
 
(3,335
)
Gain on the change in fair value of the warrant liability
  
(5,396
)
Diluted loss
 
(8,731
)
     
Weighted average number of common and common equivalent shares outstanding:
    
Basic number of common shares outstanding
  
10,595,068
 
Dilutive effect of warrants
  
983,505
 
Diluted number of common and common stock equivalent shares outstanding
  
11,578,573
 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
Potential common stock equivalents outstanding as of December 31, 2016 and 2015 consist of common stock equivalents of common stock purchase warrants, senior secured convertible debentures, convertible preferred stock and common stock options, which are summarized as follows:
   
December 31,
  
2016
  
2015
Common stock equivalents of convertible debentures
 
46,105,715
  
46,435,127
Common stock purchase warrants
 
12,033,098
  
16,729,362
Common stock equivalents of convertible preferred stock
 
2,339,180
  
2,535,866
Common stock options
 
4,503,522
  
2,684,352
Total
 
64,981,515
  
68,384,707