XML 47 R35.htm IDEA: XBRL DOCUMENT v3.20.1
Notes Payable (Details Narrative)
$ in Thousands
1 Months Ended 12 Months Ended
Jul. 15, 2019
shares
May 15, 2019
shares
May 10, 2019
USD ($)
Integer
Apr. 12, 2019
shares
Apr. 09, 2019
USD ($)
Integer
Mar. 28, 2019
USD ($)
Jan. 28, 2019
USD ($)
Jan. 07, 2019
USD ($)
Dec. 10, 2018
USD ($)
Dec. 06, 2018
USD ($)
Nov. 09, 2018
USD ($)
Oct. 24, 2018
USD ($)
Aug. 31, 2018
USD ($)
Jun. 01, 2018
USD ($)
May 23, 2018
USD ($)
Mar. 26, 2018
shares
Mar. 15, 2018
shares
Feb. 06, 2018
shares
Mar. 31, 2018
Dec. 31, 2019
USD ($)
shares
Dec. 31, 2018
USD ($)
shares
Unsecured promissory notes                                       $ 929 $ 3,199
Vwap percentage of common stock       9.99%                             20.00%    
Gain on extinguishment of debt                                       $ 3,540 1,875
Debt conversion, shares issued | shares                                       113,521,104  
Debt conversion                                       $ 2,315  
Stock issued during period shares | shares                               3,381,819 200,000 3,381,819   43,100,000  
Accretion of debt discount                                       $ 5,605 $ 919
Common Stock [Member]                                          
Stock issued during period shares | shares                                         2,000,000
Preferred Stock [Member]                                          
Stock issued during period shares | shares 10     190                                
May 2018 Notes [Member]                                          
Notes payable     $ 421                                    
Vwap percentage of common stock     70.00%                                    
Threshold trading days | Integer     20                                    
Debt instrument conversion description     The original holders of the Company's May 2018 Notes assigned and sold all notes to Oasis Capital, LLC ("Oasis Capital"). On the same date, the Company and Oasis Capital executed a letter agreement to amend the terms of the May 2018 Notes allowing Oasis Capital to convert the total outstanding principal amount of $421 into shares of the Company's common stock, at a price equal to 70% of the lowest trading price during the 20 days preceding the conversion dates, or any lower price made available to any other holder of the Company's securities. This amendment also eliminated the Company's mandatory monthly amortization payments and extended the maturity of the May 2018 Notes until August 15, 2019. On May 15, 2019, the Company issued 10,568,087 shares of its common stock to Oasis Capital pursuant to the full conversion of the May 2018 Notes.                                    
Debt conversion, shares issued | shares   10,568,087                                      
Threshold consecutive trading days | Integer     10                                    
June 2018 Note [Member]                                          
Notes payable     $ 3,159                                    
Vwap percentage of common stock     70.00%                                    
Gain on extinguishment of debt     $ 1,310                                    
Threshold trading days | Integer     20                                    
Debt instrument conversion description     The Company executed a letter agreement with the holder of the June 2018 Note to amend the terms of the June 2018 Note allowing the holder to covert the total outstanding principal amount of $3,159 into shares of the Company's common stock, at a price equal to 70% of the lowest trading price during the 20 day period preceding the conversion dates, or any lower price made available to any other holder of the Company's securities. This amendment also eliminated the Company's mandatory monthly amortization payments and extended the maturity of the June 2018 Note until December 15, 2019. After such date, and within 10 business days, any outstanding balance shall be satisfied, at the Company's election, either with: cash, common stock conversion, or any combination thereof. The Company accounted for this amendment as an extinguishment of debt and recorded a gain of $1,310.                                    
Threshold consecutive trading days | Integer     10                                    
Beneficial ownership percentage       9.99%                                  
June 2018 Note [Member] | Common Stock [Member]                                          
Stock issued during period shares | shares       17,500,000                                  
June 2018 Note [Member] | Preferred Stock [Member]                                          
Stock issued during period shares | shares       160                               160  
Preferred stock, shares issued | shares                                       115  
Preferred stock, shares outstanding | shares                                       115  
August 2018 Note [Member]                                          
Unsecured promissory notes                         $ 1,062                
Notes payable                         $ 1,000                
Maturity date of notes                         Feb. 28, 2019                
Debt instrument accrued interest rate                         8.00%                
January 2019 and March 2019 Amendments [Member]                                          
Gain on extinguishment of debt                                       $ 320  
May 2018 Notes Amendment [Member]                                          
Notes payable         $ 50                                
Maturity date of notes         Aug. 15, 2019                                
Vwap percentage of common stock         70.00%                                
Gain on extinguishment of debt         $ 127                                
Debt extinguishment amendment description         The Company entered an amendment to one of its May 2018 Notes to (a) forego the installment payments due on February 23, 2019 and March 23, 2019, (b) extend the maturity date of the note to August 15, 2019, and (c) include a substantial conversion feature allowing the debt holder, in its sole discretion, to have the right to convert the April 15, 2019 monthly payment, and each payment thereafter, into shares of the Company's common stock. The number of shares issuable was based on the lower of: i) 70% of the lowest intra-day price of the Company's common stock during the preceding twenty (20) trading days, or ii) any lower price that is made available to any other holder of the Company's securities, whether by sale or conversion, on the date of a conversion notice. In exchange for the amendment, the Company compensated the holder of the note by increasing the outstanding principal due by $50. The Company accounted for this amendment as an extinguishment of debt and recorded a gain of $127.                                
Threshold trading days | Integer         20                                
June 2018 Note Amendment [Member]                                          
Notes payable                                       $ 929  
Maturity date of notes                                       Jun. 30, 2020  
Installment payments due date description                       The Company entered into first amendment to its June 2018 Note to (a) forego the installment payment due on November 1, 2018; (b) extend the maturity date of the note to May 1, 2019;                  
Gain on extinguishment of debt                                       $ 792  
Debt extinguishment amendment description                                       The Company entered into an amendment to the June 2018 Note to extend the maturity date to June 30, 2020. The Company has also agreed to pay an extension fee in the amount of $84, which has been added to outstanding balance for a total outstanding principal balance of $929 as of December 31, 2019. Additionally, this amendment deleted in its entirety, the requirement for Iliad Research and Trading, L.P. to settle the outstanding balance with: (a) cash, (b) common stock conversion with a defined formula, or (c) any combination of (a) and (b) by no later than December 15, 2019. The Company accounted for this amendment as an extinguishment of debt and recorded a gain of $792.  
Increase the principal amount of debt                       $ 48                  
Debt discount                                       $ 877  
June 2018 Note Second Amendment [Member]                                          
Maturity date of notes                 Jul. 01, 2019                        
Gain on extinguishment of debt                                         $ 1,875
Debt extinguishment amendment description                 The Company entered into second amendment to its June 2018 Note to (a) forego the installment payment due on December 1, 2018; (b) extend the maturity date of the note to July 1, 2019; and (c) increase the principal amount on the note by $245. In addition to the changes in the payment terms of the June 2018 Note described above, the holder has agreed to change the convertibility terms of the June 2018 Note from a non-convertible note to a convertible note.                        
Increase the principal amount of debt                 $ 245                        
June 2018 Note Third Amendment [Member]                                          
Maturity date of notes             Oct. 01, 2019                            
Vwap percentage of common stock             70.00%                            
Fees payable to borrower             $ 527                            
Gain on extinguishment of debt             $ 991                            
Debt extinguishment amendment description             The Company entered into the third amendment to the June 2018 Note. Pursuant to the amendment, the borrower agreed to extend the maturity date to October 1, 2019 and not require the Company to make its installment payment due under the Note Purchase Agreement during January, February, and March 2019. The Company and the borrower agreed the Company would pay all installment payments in cash unless both the Company and the borrower agreed to make payments in shares of the Company's common stock, in which case the number of shares issuable would be based on the lowest intra-day trade price of the Company's common stock during the preceding twenty trading days multiplied by 70%. In consideration of this amendment, the Company incurred an extension fee payable to the borrower of $527. The Company accounted for this amendment as an extinguishment of debt and recorded a gain of $991.                            
May 2018 Notes [Member]                                          
Unsecured promissory notes                             $ 840           400
Notes payable                             $ 700            
Maturity date of notes                             Mar. 23, 2019            
Debt instrument, description of event of default                             Upon the occurrence of an event of default, the outstanding balance of the May 2018 Notes shall immediately increase to 120% of the outstanding balance immediately prior to the event of default and become immediately due and payable.            
Installment payments due date description                     The Company entered into an amendment of one of its May 2018 Notes to (a) forego the installment payments due on November 23, 2018, December 23, 2018, and January 23, 2019; and (b) extend the maturity date of the note to June 23, 2019.                    
Company paid amount of holder note                     $ 11                    
May 2018 Notes [Member]                                          
Maturity date of notes           Jul. 15, 2019   Jul. 15, 2019                          
Vwap percentage of common stock           70.00%   70.00%                          
Fees payable to borrower           $ 121   $ 121                          
June 2018 Note [Member]                                          
Unsecured promissory notes                           $ 3,600           $ 929 2,448
Notes payable                           $ 3,000              
Maturity date of notes                           Apr. 01, 2019              
Debt instrument, description of event of default                           Upon the occurrence of an event of default, the outstanding balance of the June 2018 Note shall immediately increase to 120% of the outstanding balance immediately prior to the event of default and become immediately due and payable.              
December 2018 Note [Member]                                          
Unsecured promissory notes                   $ 598                     $ 351
Notes payable                   $ 500                      
Maturity date of notes                   May 06, 2019                      
Debt instrument accrued interest rate                   8.00%