Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2016

Accounting Policies [Abstract]

Estimated useful lives

The Company computes depreciation and amortization under the straight-line method and typically over the following estimated useful lives of the related assets:

•	Office furniture and equipment	3 to 10 years
•	Computer hardware and software	3 to 5 years

Schedule of earnings (loss) per share

The following table summarizes the earnings (loss) per share calculation (in thousands, except per share amount):

	For the Years Ended December 31,
	2016			2015
Basic earnings per share
Numerator:
Net Loss	$	(6,476	)	$	(51,465	)
Deemed dividend related to immediate accretion of beneficial conversion feature of convertible preferred stock		-			(323	)
Deemed capital contribution on extinguishment of preferred stock		31,480			9,485
Net income (loss) available to common stockholders	$	25,004		$	(42,303	)
Denominator:
Weighted average number of common shares outstanding,		3,700,090			1,693,365
Earnings per basic share:
Net Loss	$	(1.75	)	$	(30.39	)
Deemed dividend related to immediate accretion of beneficial conversion feature of convertible preferred stock		-			(0.19	)
Deemed capital contribution on extinguishment of preferred stock		8.51			5.60
Net income (loss) available to common stockholders	$	6.76		$	(24.98	)
Dilutive earnings per share
Numerator:
Net Loss	$	(6,476	)	$	(51,465	)
Deemed dividend related to immediate accretion of beneficial conversion feature of convertible preferred stock		-			(323	)
Deemed capital contribution on extinguishment of preferred stock		31,480			9,485
Net income (loss) available to common stockholders	$	25,004		$	(42,303	)
Denominator:
Weighted average basic shares outstanding,		3,700,090			1,693,365
Weighted average effect of dilutive securities
Employee stock options		296			-
Convertible preferred stock		130,562			-
Restricted stock units		7,418			-
Weighted average diluted shares outstanding		3,838,366			1,693,365
Earnings per diluted share:
Net Loss	$	(1.69	)	$	(30.39	)
Deemed dividend related to immediate accretion of beneficial conversion feature of convertible preferred stock		-			(0.19	)
Deemed capital contribution on extinguishment of preferred stock		8.20			5.60
Net income (loss) available to common stockholders	$	6.51		$	(24.98	)

Schedule of potentially dilute loss per share

Securities that could potentially dilute loss per share in the future that were not included in the computation of diluted loss per share at December 31, 2016 and 2015 are as follows:

	As of December 31,
	2016		2015
Convertible preferred stock		2,926		530,277
Warrants to purchase common stock		1,251,709		2,304,888
Options to purchase common stock		309,037		289,380
Total		1,563,672		3,124,545