XML 81 R68.htm IDEA: XBRL DOCUMENT v3.8.0.1
11. ACQUISITION (Details)
1 Months Ended 3 Months Ended 12 Months Ended
Nov. 23, 2015
USD ($)
employee
patent
May 31, 2017
USD ($)
Dec. 31, 2017
USD ($)
Mar. 31, 2018
USD ($)
Mar. 31, 2016
USD ($)
$ / shares
Mar. 31, 2017
USD ($)
Acquisition disclosure            
Cash paid for acquisition         $ 4,359,000  
Assets acquired and liabilities assumed            
Goodwill       $ 7,978,000   $ 7,978,000
Other accrued expenses            
Acquisition disclosure            
Contingent consideration liability       4,400,000   5,100,000
Accrued expenses and other liabilities            
Acquisition disclosure            
Contingent consideration liability       1,100,000   1,100,000
MikaMonu            
Acquisition disclosure            
Cash paid for acquisition $ 4,400,000          
Amount of payment held in escrow 484,000          
Payment of escrow deposit   $ 479,000 $ 743,000      
Potential cash retention payments $ 2,500,000          
Number of former shareholders receiving retention payments | employee 3          
Term of additional retention payments 4 years          
Discount rate (as a percent) 14.80%          
Change in contingent consideration liability       (308,000)    
Assets acquired and liabilities assumed            
Cash and cash equivalents $ 1,000          
Other receivables 54,000          
Property and equipment, net 10,000          
Intangible assets 3,500,000          
Goodwill 8,030,000          
Total assets acquired 11,595,000          
Accrued expenses (10,000)          
Net deferred tax liability (821,000)          
Total liabilities assumed (831,000)          
Fair value of net assets acquired $ 10,764,000          
Pro forma financial information            
Pro forma net revenues         52,736,000  
Pro forma net loss         $ (2,575,000)  
Pro forma net loss per share, basic and diluted | $ / shares         $ (0.11)  
MikaMonu | Patents            
Acquisition disclosure            
Discount rate (as a percent) 14.00%          
Assets acquired and liabilities assumed            
Intangible assets $ 3,500,000          
Useful life 15 years          
MikaMonu | Selling, general and administrative            
Acquisition disclosure            
Acquisition related costs         $ 426,000  
MikaMonu | Other assets            
Acquisition disclosure            
Amount of payment held in escrow       1,000,000    
MikaMonu | Prepaid expenses and other current assets            
Acquisition disclosure            
Amount of payment held in escrow       750,000    
MikaMonu | Other accrued expenses            
Acquisition disclosure            
Contingent consideration liability $ 5,800,000     4,400,000   5,100,000
MikaMonu | Accrued expenses and other liabilities            
Acquisition disclosure            
Contingent consideration liability       1,100,000   $ 1,100,000
MikaMonu | United States            
Acquisition disclosure            
Number of patents held | patent 12          
MikaMonu | Continued employment of Dr. Avidan Akerib            
Acquisition disclosure            
Amount of payment held in escrow $ 2,500,000          
Contingent consideration $ 1,200,000          
MikaMonu | Product development milestones and revenue targets            
Acquisition disclosure            
Term of additional contingent payments 10 years          
Contingent consideration       1,300,000    
MikaMonu | Product development milestones and revenue targets | Maximum            
Acquisition disclosure            
Contingent consideration       38,800,000    
MikaMonu | Product development milestones and revenue targets | Accrued expenses and other liabilities            
Acquisition disclosure            
Contingent consideration       $ 750,000    
MikaMonu | Revenue milestones to be achieved by January, 1 2021            
Acquisition disclosure            
Contingent consideration $ 2,750,000          
MikaMonu | Revenue milestones to be achieved by January, 1 2022            
Acquisition disclosure            
Contingent consideration 4,000,000          
MikaMonu | Quarterly payments based on net revenue | Maximum            
Acquisition disclosure            
Contingent consideration $ 30,000,000          
Contingent consideration, percent of net revenue 5.00%