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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Schedule of basic and diluted loss per common share using weighted-average shares outstanding

The net loss from continuing operations and the weighted average number of shares used in computing basic and diluted net loss per share from continuing operations for the years ended December 31, 2018 and 2017, is as follows:

 

    Year ended December 31,  
    2018     2017  
Numerator:            
Net loss   $ (2,044 )   $ (19,384 )
Net loss from discontinued operations attributable to common stockholders     172       2,459  
Accretion of Series B Preferred Stock to redemption value (*)     (2,001 )     (3 )
Preferred dividend on Series B Preferred Stock (**)     (177 )      
Deemed dividend related to redemption agreement     (446 )      
Participation of stockholders of Series A and Series C Preferred Stock in the net loss from continuing operations     1,176       1,365  
Net basic and diluted loss from continuing operations attributable to common stockholders   $ (3,320 )   $ (15,563 )
                 
Denominator:                
Shares of common stock used in computing basic and diluted net loss per share     12,552,292       5,073,751  
Net loss per share of common stock of common stock from continuing operations, basic and diluted   $ (0.26 )   $ (3.07 )

  

  (*) Based on the rights and privileges of Series B Preferred Stock, since the Company did not obtain shareholder approval at March 31, 2018, the then outstanding Series B Preferred Stock became redeemable at the option of OFI. Consequently, in each reporting period commencing March 31, 2018, the outstanding Series B Preferred Stock is recorded at its maximum redemption value until occurrence of redemption or conversion. These shares were cancelled as a result of the entry into the Remediation Agreement on September 24, 2018 as described below (see also Note 10).

  

  (**) The net loss used for the computation of basic and diluted net loss per share for the year ended December 31, 2018, includes the preferred dividend requirement of 8% per share per annum for the Series B Preferred Stock, for the portion of the year during which these securities were issued and outstanding, compounded annually which shall be distributed to stockholders in case of distributable assets determined in the Company’s certificate of designation under the liquidation preference right (see also Note 10).