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CONSOLIDATED STATEMENTS OF CHANGES IN REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' DEFICIT - USD ($)
$ in Thousands
Redeemable Convertible Preferred Stock Series B [Member]
Common Stock [Member]
Additional Paid in Capital [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive Loss [Member]
Non-controlling Interest [Member]
Series A Preferred Stock [Member]
Series C Preferred Stock [Member]
Series D Preferred Stock [Member]
Total
Opening balance at Dec. 31, 2016 $ 44 $ 118,762 $ (115,635) $ (4,579)     $ (1,408)
Opening balance (in shares) at Dec. 31, 2016 4,418,266    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Issuance of common stock (in shares)                  
Partial exercise of Series B redeemable convertible preferred stock written call option                  
Dividend on Series B redeemable convertible preferred stock [1]                  
Stock-based compensation related to stock options and restricted stock     $ 1,466           1,466
Common shares issued for asset contribution $ 9 1,266         1,275
Common shares issued for asset contribution (in shares) 879,234              
Preferred A stock issued for asset contribution   4,482     $ 1     4,483
Preferred A stock issued for asset contribution (in shares)           123,668      
Common shares issued for Note Payout $ 56 5,570         5,626
Common shares issued for Note Payout (in shares) 5,628,291              
Common shares issued for severance $ 10 900         910
Common shares issued for severance (in shares) 1,000,000              
Issuance of series B redeemable convertible preferred stock and embedded option, net of stock issuance costs of $42 (in shares) 1,500,000                
Amortization of discount related to written call option $ 84          
Accretion of dividend 3 (3)   (3)
Noncontrolling interest from asset acquisition           182       182
Reclassification of cumulative translation adjustment         3,228         3,228
Foreign currency translation adjustment         189         189
Net Loss       (19,384)   (8)       (19,392)
Closing balance at Dec. 31, 2017 $ 87 $ 119 $ 132,446 $ (135,022) $ (1,162) $ 174 $ 1 $ (3,444)
Closing balance (in shares) at Dec. 31, 2017 1,500,000 11,925,791 123,668
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Stock based compensation (including restricted shares to the Company's CEO)   $ 4 $ 72         $ 76
Stock based compensation (including restricted shares to the Company's CEO) (in shares)   400,000                
Issuance of Series B redeemable convertible preferred stock and embedded option $ 2,325                  
Issuance of Series B redeemable convertible preferred stock and embedded option (in shares) 2,325,000                  
Issuance of common stock   $ 34 1,969             2,003
Issuance of common stock (in shares)   3,441,939         27,898      
Issuance of warrants to purchase common stock     98             98
Partial exercise of Series B redeemable convertible preferred stock written call option $ 682                
Dividend on Series B redeemable convertible preferred stock 177     (177)           (177) [1]
Accretion of Series B redeemable convertible preferred stock to redemption value 2,001     (2,001)           2,001 [2]
Conversion of series B redeemable convertible preferred stock into common stock $ (2,553) $ 30 2,523           2,553
Conversion of series B redeemable convertible preferred stock into common stock (in shares) (1,869,663) 2,965,301              
Cancellation of Series B preferred stock and related portion of common stock converted from Series B in exchange for Series D preferred stock $ (2,719) $ (30) 2,727         $ 62 2,759
Cancellation of Series B preferred stock and related portion of common stock converted from Series B in exchange for Series D preferred stock (in shares) (1,955,337) (2,965,301)           6,217,490  
Cancellation of common stock issued to noteholders in exchange for Series C preferred stock   $ (56) 427 (446)     $ 75    
Cancellation of common stock issued to noteholders in exchange for Series C preferred stock (in shares)   (5,628,291)         7,485,627    
Issuance of Series D convertible preferred stock     197           $ 3 200
Issuance of Series D convertible preferred stock (in shares)               307,692  
Conversion of Series C preferred stock into common stock   $ 75       $ (75)    
Conversion of Series C preferred stock into common stock (in shares)   7,485,627       (7,485,627)  
Conversion of Series D preferred stock into common stock   $ 66 $ (1)       $ (65)  
Conversion of Series D preferred stock into common stock (in shares)   6,619,483         (6,525,182)  
Conversion of Series A preferred stock into common stock   $ 24 (23)       $ (1)      
Conversion of Series A preferred stock into common stock (in shares)   2,394,250         (95,770)      
Foreign currency translation adjustment         7         7
Net Loss       (2,044)   $ (42)       (2,086)
Closing balance at Dec. 31, 2018 $ 266 $ 140,435 $ (139,690) $ (1,155) $ 132 $ (12)
Closing balance (in shares) at Dec. 31, 2018 26,638,799         27,898  
[1] 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).
[2] 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).