Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2017

Accounting Policies [Abstract]

Schedule of earnings (loss) per share

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

	For the Three Months Ended September 30,					For the Nine Months Ended September 30,
	2017		2016			2017			2016
Basic earnings per share
Numerator:
Net income (loss)	$	459	$	(446	)	$	(2,320	)	$	(2,573	)
Deemed capital contribution on extinguishment of preferred stock		—		—			—			31,480
Net income (loss) available to common stockholders	$	459	$	(446	)	$	(2,320	)	$	28,907
Denominator:
Weighted average number of common shares outstanding,		5,998,920		4,163,245			5,304,201			3,312,969
Earnings per basic share:
Net income (loss)		0.08		(0.11	)		(0.44	)		(0.78	)
Deemed capital contribution on extinguishment of preferred stock		—		—			—			9.50
Net income (loss) available to common stockholders	$	0.08	$	(0.11	)	$	(0.44	)	$	8.72
Dilutive earnings per share
Numerator:
Net income (loss)	$	459	$	(446	)	$	(2,320	)	$	(2,573	)
Deemed capital contribution on extinguishment of preferred stock		—		—			—			31,480
Net income (loss) available to common stockholders	$	459	$	(446	)	$	(2,320	)	$	28,907
Denominator:
Weighted average basic shares outstanding,		5,998,920		4,163,245			5,304,201			3,312,969
Weighted average effect of dilutive securities
Employee stock options		7,196		—			—			260
Convertible preferred stock		2,926		—			—			173,418
Restricted stock units		—		—			—			17,088
Weighted average diluted shares outstanding		6,009,042		4,163,245			5,304,201			3,503,735
Earnings per diluted share:
Net income (loss)	$	0.08	$	(0.11	)	$	(0.44	)	$	(0.73	)
Deemed capital contribution on extinguishment of preferred stock		—		—			—			8.98
Net income (loss) available to common stockholders	$	0.08	$	(0.11	)	$	(0.44	)	$	8.25

Schedule of potentially dilute loss per share

Securities that could potentially dilute loss per share in the future as follows:

	As of September 30,
	2017		2016
Convertible preferred stock		2,926		2,926
Warrants to purchase common stock		1,251,709		1,251,709
Non-vested restricted stock units		—		59,256
Options to purchase common stock		328,716		289,380
Total		1,583,351		1,603,271