Debt (Tables)

9 Months Ended

Sep. 30, 2017

Debt Disclosure [Abstract]

Schedules of Long-term Debt and Long-term Debt Instruments

Debt consisted of the following (in thousands):

	September 30, 2017			December 31, 2016
Main Street Term Loan	$	—		$	9,000
SRS Note	—			1,785
Western Alliance Bank A/R Revolver	1,000			—
Super G Loan	1,096			—
Unamortized debt discounts	(308		)	(125		)
Net carrying value	1,788			10,660
Less: current maturities	(1,298		)	(10,660		)
Long-term obligations, net of debt discount	$	490		$	—

The Company reduced debt and accrued interest obligations by $9,362,000 as of July 31, 2017 in the Debt Recapitalization and lowered outstanding shares of common stock by 404,587, as summarized in the following two tables.

	Former Debt Obligations as of July 31, 2017 *		Debt Obligations Extinguished on July 31, 2017 *			New Outstanding Debt Obligations as of July 31, 2017**
Main Street Term Loan: principal	$	9,000,000	$	(9,000,000	)	—
SRS Note: principal	1,784,692		(1,784,692		)	—
SRS Note: accrued interest	777,568		(777,568		)	—
Western Alliance Bank: principal						$	1,100,000
Super G Capital: principal						1,100,000
Total	$	11,562,260	$	(11,562,260	)	$	2,200,000
* The amounts presented herein represent the gross outstanding principal amounts and exclude approximately $89,000 of unamortized debt discounts.
** The amounts presented herein represent the gross outstanding principal amounts and exclude approximately $335,000 of unamortized debt discounts.

Schedule of Common Stock Outstanding

Outstanding Shares of Common Stock on July 31, 2017 prior to the Debt Recapitalization	36,534,840
Shares of common stock purchased in connection with the Main Street Payoff	(7,711,517	)
Shares of common stock issued in connection with the SRS Note Exchange	7,306,930
Outstanding Shares of Common Stock on July 31, 2017 after the Debt Recapitalization	36,130,253

Schedule of Future Minimum Principal Payments

Future minimum principal payments on debt as of September 30, 2017, are as follows (in thousands):

Year Ending December 31,	Western Alliance Bank		Super G		Total
Remaining 2017	$	200	$	64	$	264
2018	400		570		970
Seven months ended July 31, 2019	400		462		862
	$	1,000	$	1,096	$	2,096