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Stockholders' Equity and Redeemable Convertible Preferred Stock (Tables)
12 Months Ended
Dec. 31, 2016
Stockholders' Equity Note [Abstract]  
Schedule of designated separate series of capital stock

The Company had designated separate series of its capital stock as of December 31, 2016 and December 31, 2015 as summarized below:

 

    Number of Shares Issued            
    and Outstanding as of            
    December 31,
2016
    December 31,
2015
    Par Value     Conversion Ratio
Series "A"     -       -     $ 0.0001     N/A
Series "C"     -       -       0.0001     0.05:1
Series “D"     4,725       4,725       0.0001     0.53:1
Series “D-1"     834       834       0.0001     0.53:1
Series “F-1"     -       -       0.0001     0.05:1
Series “H"     -       381,967       0.0001     0.53:1
Series “I”     -       -       0.0001     1.05:1
Series “J”     -       -       0.0001     0.05:1
Series “K”     -       1,240       0.0001     263.16:1
Schedule of warrant activity

A summary of warrant activity for year ended December 31, 2016 is presented below:

 

    Warrants     Weighted Average
Exercise Price
    Total Intrinsic Value     Weighted Average
Remaining Contractual
Life
(in years)
 
Outstanding as of December 31, 2015     2,304,888     $ 7.98     $ -       2.83  
Exercised     (200,000 )     3.80                  
Expired     (854,577 )                     -  
Outstanding as of December 31, 2016     1,250,311     $ 9.21               3.91  
Exercisable as of December 31, 2016     1,250,311     $ 9.21     $ -       3.91
Schedule of fair value of options granted

The fair value of options granted in 2016 and 2015 was estimated using the following assumptions:

 

    For the Years Ended December 31,
    2016   2015
Exercise price   $1.42 - $1.98   $4.18 - $32.87
Expected stock price volatility   122.4% - 141.3%   117.2% - 130.4%
Risk-free rate of interest   0.96% - 1.15%   0.74% - 1.08%
Term (years)    4.34 - 9.65    1.9 - 3.0
Schedule of option activity

A summary of option activity under the Company’s employee stock option plan for year ended December 31, 2016 is presented below:

 

    Number of Shares     Weighted Average
Exercise Price
    Total Intrinsic Value     Weighted Average
Remaining Contractual
Life (in years)
 
Outstanding as of December 31, 2015     286,487     $ 89.07     $ -       5.0  
Employee options granted     23,682       1.89       -       5.2  
Employee options expired     (78 )     -                  
Outstanding as of December 31, 2016     310,091     $ 82.25     $ -       4.1  
Options vested and expected to vest     310,091     $ 82.25     $ -       4.1  
Options vested and exercisable     302,199     $ 84.35     $ -       4.1  

 

A summary of options that the Company granted to non-employees for the year ended December 31, 2016 is presented below:

 

    Number of Shares     Weighted Average
Exercise Price
    Total Intrinsic Value     Weighted Average
Remaining Contractual
Life (in years)
 
Outstanding as of December 31, 2015     2,893     $ 98.07     $ -       5.4  
Non-employee options granted     -       -       -       -  
Outstanding as of December 31, 2016     2,893     $ 98.07     $ -       4.4  
Options vested and expected to vest     2,893     $ 98.07     $ -       4.4  
Options vested and exercisable     2,893     $ 98.07     $ -       4.4
Schedule of restricted stock award activity

A summary of the restricted stock award activity for the year ended December 31, 2016 is as follows:

 

    Number of Units     Weighted Average
Grant Day Fair Value
 
Nonvested at December 31, 2015     -     $ -  
Granted     287,085       1.86  
Vested     (287,085 )     1.86  
Nonvested at December 31, 2016     -     $ -  
Schedule of restricted stock units activity

A summary of the restricted stock award activity for the year ended December 31, 2016 is as follows:

 

    Number of Units     Weighted Average
Grant Day Fair Value
 
Nonvested at December 31, 2015     -     $ -  
Granted     118,512       1.08  
Vested     (59,256 )     -  
Forfeited     (59,256 )     -  
Nonvested at December 31, 2016     -     $ -  
Schedule of stock-based compensation

Stock-based compensation expense for the year ended December 31, 2016 and 2015 was comprised of the following ($ in thousands):

 

    For the Years Ended December 31,  
    2016     2015  
Employee restricted stock units   $ 121     $ -  
Employee restricted stock awards     151       132  
Employee stock option awards     35       155  
Non-employee restricted stock awards     255       84  
Total compensation expense   $ 562     $ 371