Commitments And Contingencies Commitments And Contingencies (Notes)

6 Months Ended

Jun. 30, 2019

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies Disclosure [Text Block]

Contingencies

As previously disclosed, in 2017, the Company received a Civil Investigative Demand (“CID”) from the Federal Trade Commission (the “FTC”). The CID requested information in connection with an FTC review for compliance of the Company’s advertising about its product Quell with Sections 5 and 12 of the Federal Trade Commission Act (the “FTC Act”). During 2017 and 2018, the Company provided responses to those requests. The Company met with the staff of the FTC (the “Staff”) on three occasions between March and July 2019 to discuss the Company’s responses to FTC inquiries, and the Company has provided additional information in response to further requests from the FTC. As part of those discussions, the parties are engaged in a dialogue regarding the possible structuring of a settlement of this matter, which is likely to include a monetary judgment that would be payable to the FTC. The Company and the FTC will also be negotiating the scope and terms of a proposed consent order (the “Order”), which is expected to prohibit the Company from making certain claims in the Company’s advertising about Quell, as will likely be defined by the Order.

The Company is currently awaiting feedback from the Staff on the latest discussions and responses to Staff inquiries, and intends to continue the dialogue with the Staff regarding a resolution of this matter. The ultimate outcome cannot be reasonably estimated at this time; however, the Company believes that a material financial loss is probable.