Subsequent Events

12 Months Ended

Dec. 31, 2017

Subsequent Events [Abstract]

Subsequent Events

Subsequent Events

As announced on February 2, 2018, Johan J. Roets ceased serving as the Chief Executive Officer of the Company effective January 29, 2018. Effective February 22, 2018, the Company terminated the employment of Mr. Roets for “cause.” On March 22, 2018, Mr. Roets filed a civil Complaint against the Company in the Circuit Court of Fairfax County Virginia. The Complaint alleges that the Company’s termination of Mr. Roets’ employment on February 22, 2018 violated his Employment Agreement and seeks monetary damages from the Company. The Company believes that this litigation is without merit and intends to vigorously defend the claims set forth therein. The Company’s Board of Directors has appointed Michael R. Stanfield, the Chairman and Founder of the Company, as the Company’s Executive Chairman and President, effective January 29, 2018, pursuant to which he has assumed the duties as the principal executive officer of the Company. Mr. Stanfield co-founded the predecessor to the Company in 1996 and has served as Chairman of the Board of Directors since that time, and was previously the Chief Executive Officer until January 2017.

Effective February 20, 2018, the Company promoted Melba Amissi to Chief Operating Officer. For additional information, please see "—Executive Officers of the Registrant" under Part I of this report.