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DEBT FINANCING (Details Narrative) - USD ($)
$ / shares in Units, $ in Thousands
12 Months Ended
Dec. 31, 2014
Sep. 30, 2015
Exercise price of warrants [1] $ 0.75 $ 0.51
Aggregate principal balance (exclusive of unamortized discounts) $ 25,455  
Unamortized discounts $ 2,511 [2] $ (4,099) [3]
Stated interest rate 15.00%  
Calm Waters [Member]    
Accrued interest payable   $ 1,251
Warrants issued   5,995,453
Exercise price of warrants   $ 0.21
Forbearance amount   $ 1,251
Interest rate   14.00%
Vapestick Credit Facility [Member]    
Borrowings in credit facility   $ 310
Interest rate in credit facility   4.80%
Outstanding amount in credit facility   $ 170
Vapestick Credit Facility [Member] | Minimum [Member]    
Interest rate in credit facility   3.60%
Vapestick Credit Facility [Member] | Maximum [Member]    
Interest rate in credit facility   4.80%
[1] Represents the weighted average exercise price for this group of warrants.
[2] ExWorks Revolving Loan. On June 30, 2015, the Company entered into a credit agreement with ExWorks Capital Fund I, L.P. ("ExWorks"). The credit agreement provides for a revolving line of credit (the "Revolving Loan Agreement") with a total commitment up to $6,000. The borrowing base is equal to (i) up to 75% of eligible accounts receivable and inventory of certain of the Company's U.S. based subsidiaries (up to a maximum of $4,000), plus (ii) up to 75% of the value of eligible inventory of certain of the Company's U.K based subsidiaries (up to a maximum of $2,500), minus (iii) certain availability reserves as determined by ExWorks. The advance rate against eligible accounts is subject to reduction based on credits, returned goods and setoffs. Borrowings under the Revolving Loan Agreement bear interest at an effective annual rate of 27.0%. Either party may elect to terminate the Revolving Loan on June 30, 2016; however, if neither party elects to terminate, the agreement will be automatically extended for an additional 12 months. On September 29, 2015, the Company entered into an amendment to the Revolving Loan Agreement, whereby ExWorks agreed that during the four-month period through January 31, 2016, it will permit borrowings up to $1,500 in excess of the borrowing base calculation set forth in the Loan Agreement. As of September 30, 2015, borrowings under the Revolving Loan Agreement amounted to $2,788 and the Company had unused borrowing availability of $2,076. As discussed in Note 17, the Company repaid all outstanding borrowings under the Revolving Loan Agreement in October 2015 although the credit agreement remains in effect.
[3] Unamortized Discounts. Original issue discounts ("OID") are amortized to interest expense using the effective interest method. The unamortized discount represents the portion of OID that will be charged to interest expense over the remaining term of the respective debt agreements.