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Business Combination (Tables)
12 Months Ended
Dec. 31, 2017
Business Combinations [Abstract]  
Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following is a summary of the preliminary purchase price allocation to the estimated fair values of assets acquired and liabilities assumed in the PTF Acquisition (in thousands):

 

Purchase consideration

 

$

295

 

Net assets acquired:

 

 

 

 

Current assets

 

 

45

 

Fixed assets

 

 

85

 

Intangible assets

 

 

214

 

Current liabilities

 

 

(45

)

Net assets acquired

 

$

299

 

Bargain purchase gain

 

$

(4

)

 

Certain Unaudited Pro Forma Information

The following table sets forth certain unaudited pro forma information for the year ended December 31, 2016  assuming that the PTF Acquisition occurred prior to January 1, 2016 (in thousands, except per share data):

 

 

 

Year Ended December 31, 2016

 

 

 

Historical

 

 

Pro Forma

Adjustments

 

 

Pro Forma

 

Revenue

 

$

21,129

 

 

$

 

 

$

21,129

 

Net income

 

$

136

 

 

$

25

 

 

$

161

 

Basic net income per share

 

$

0.05

 

 

$

0.01

 

 

$

0.06

 

Diluted net income per share

 

$

0.05

 

 

$

0.01

 

 

$

0.06