XML 77 R66.htm IDEA: XBRL DOCUMENT v3.10.0.1
Subsequent Events - Additional Information (Details)
9 Months Ended
Dec. 01, 2018
USD ($)
Installment
Aug. 29, 2018
shares
Aug. 27, 2018
USD ($)
TradingDay
$ / shares
shares
Nov. 01, 2017
USD ($)
Installment
Jul. 31, 2018
TradingDay
$ / shares
shares
Oct. 31, 2017
shares
Subsequent Event [Line Items]            
Preferred stock, par value         $ 0.01  
Series D Preferred Stock [Member] | Scenario Forecast [Member]            
Subsequent Event [Line Items]            
Preferred stock redemption maturity date Mar. 01, 2020          
Number of preferred stock redemption equal installments | Installment 31          
Redemption of preferred shares in installments, each installment amount | $ $ 989,677          
Series C Preferred Stock [Member]            
Subsequent Event [Line Items]            
Conversion of stock conversion price         $ 1.84  
Preferred stock redemption maturity date         Mar. 01, 2019  
Number of preferred stock redemption equal installments | Installment       33    
Redemption of preferred shares in installments, each installment amount | $       $ 1,000,000    
Common stock consecutive trading day | TradingDay         10  
Repayment percentage of installment amount         108.00%  
Preferred shares, triggering event redemption terms         Redemption. In the event of a triggering event, as defined in the Series C Certificate of Designations, the holders of the Series C Preferred Shares can force redemption at a price equal to the greater of (a) the conversion amount to be redeemed multiplied by 125% and (b) the product of (i) the conversion rate with respect to the conversion amount in effect at such time as such holder delivers a triggering event redemption notice multiplied by (ii) the greatest closing sale price of the common stock on any trading day during the period commencing on the date immediately preceding such triggering event and ending on the date the Company makes the entire payment required.  
Redemption pice percentage         125.00%  
Preferred stock, dividend rate, percentage         15.00%  
Series C Preferred Stock [Member] | Volume Weighted Average Price [Member]            
Subsequent Event [Line Items]            
Percentage of common stock on trading day immediately prior to applicable installment date         87.50%  
Series C Preferred Stock [Member] | Arithmetic Average Of Two Lowest Volume Weighted Average Price [Member]            
Subsequent Event [Line Items]            
Percentage of common stock on trading day immediately prior to applicable installment date         87.50%  
Series C Preferred Stock [Member] | Convertible Preferred Offering [Member]            
Subsequent Event [Line Items]            
Preferred stock, shares issued | shares         11,681 33,300
Conversion of stock conversion price         $ 1.84  
Preferred stock, shares outstanding | shares         11,681 33,300
Convertible preferred stock, terms of conversion         Conversion Rights. The Series C Preferred Shares are convertible into shares of common stock subject to the beneficial ownership limitations provided in the Certificate of Designations for the Series C Preferred Stock (the “Series C Certificate of Designations”), at an initial conversion price equal to $1.84 per share of common stock. The initial conversion price was reduced to $1.50 per share effective August 27, 2018 in connection with the offering of the Company’s Series D Preferred Stock (as defined and further described in Note 19. “Subsequent Events”). The conversion price is subject to further adjustment as provided in the Series C Certificate of Designations, including adjustments if we sell shares of common stock or equity securities convertible into or exercisable for shares of common stock, at variable prices below the conversion price then in effect. In the event of a triggering event, as defined in the Series C Certificate of Designations, the Series C Preferred Shares are convertible into shares of common stock at a conversion price of the lower of the conversion price then in effect and 85% of the lowest volume weighted average price (“VWAP”) of the common stock of the five trading days immediately prior to delivery of the applicable conversion notice. The holders will be prohibited from converting Series C Preferred Shares into shares of common stock if, as a result of such conversion, such holder, together with its affiliates, would own more than 8.99% of the total number of shares of common stock then issued and outstanding. Each holder has the right to increase its maximum percentage up to 9.99% upon 60 days’ notice to the Company.  
Conversion terms, increase beneficial ownership limitation percentage upon notice periods         60 days  
Percentage of lowest volume weighted average price of common stock considered as conversion price         85.00%  
Series C Preferred Stock [Member] | Convertible Preferred Offering [Member] | Minimum [Member]            
Subsequent Event [Line Items]            
Conversion terms, beneficial ownership limitation, percentage         8.99%  
Series C Preferred Stock [Member] | Convertible Preferred Offering [Member] | Maximum [Member]            
Subsequent Event [Line Items]            
Conversion terms, beneficial ownership increase, percentage         9.99%  
Subsequent Event [Member]            
Subsequent Event [Line Items]            
Offering closed date     Aug. 29, 2018      
Subsequent Event [Member] | Series D Preferred Stock [Member]            
Subsequent Event [Line Items]            
Preferred stock, shares issued | shares   30,680        
Conversion of stock conversion price     $ 1.38      
Proceeds from Issuance of preferred stock | $     $ 25,400,000      
Preferred stock, shares outstanding | shares   30,680        
Convertible preferred stock, terms of conversion     The Series D Preferred Shares are convertible into shares of the Company’s common stock, subject to the requirements of Nasdaq Listing Rule 5635(d), and the beneficial ownership limitation provided in the Series D Certificate of Designation, at a conversion price equal to $1.38 per share of common stock (“Series D Conversion Price”), subject to adjustment as provided in the Series D Certificate of Designation, including adjustments if the Company sells shares of common stock or equity securities convertible into or exercisable for shares of common stock, at prices below $1.38 per share, in certain types of transactions.      
Common stock consecutive trading day | TradingDay     10      
Repayment percentage of installment amount     108.00%      
Preferred shares, triggering event redemption terms     Redemption Upon a Triggering Event. In the event of a triggering event (as defined in the Series D Certificate of Designation), the holders of Series D Preferred Shares may require us to redeem such Series D Preferred Shares in cash at a price equal to the greater of (a) 125% of the stated value of the Series D Preferred Shares being redeemed plus accrued dividends, if any, and (b) the market value of the number of shares issuable on conversion of the Series D Preferred Shares, valued at the greatest closing sales price during the period from the date immediately before the triggering event through the date the Company makes the redemption payment.      
Redemption pice percentage     125.00%      
Preferred shares, change of control, redemption terms     Redemption Upon a Change of Control. In the event of a change of control, as defined in the Series D Certificate of Designation, the holders of Series D Preferred Shares can force redemption at a price equal to the greater of (a) the conversion amount to be redeemed multiplied by 125%, (b) the product of (i) the conversion amount being redeemed multiplied by (ii) the quotient determined by dividing (A) the greatest closing sale price of the common stock on any Trading Day during the period commencing immediately preceding the earlier to occur of (1) the consummation of the applicable change of control and (2) the public announcement of such change of control and ending on the date such holder delivers the change of control redemption notice, by (B) the conversion price then in effect and (c) the product of (i) the conversion amount being redeemed multiplied by (ii) the quotient determined by dividing (A) the aggregate value of the cash and non-cash consideration per share of common stock being paid to holders of common stock in the change of control transaction by (B) the conversion price then in effect. Redemptions of the Series D Preferred Shares required under the Series D Certificate of Designation in connection with a change of control will have priority over payments to all other stockholders of the Company in connection with such change of control.      
Preferred stock, dividend rate, percentage     15.00%      
Preferred stock, participation rights   Participation Rights. Until August 29, 2019, the holders of the Series D Preferred Shares have the right to receive notice of and to participate in any offering, issuance or sale of equity or equity-equivalent securities by the Company or its subsidiaries, other than issuances under certain employee benefit plans, upon the conversion of certain options or other convertible securities, or pursuant to certain acquisitions or strategic transactions. Pursuant to such participation rights, the Company must offer to issue and sell to such holders at least 35% of the offered securities.        
Subsequent Event [Member] | Series D Preferred Stock [Member] | Volume Weighted Average Price [Member]            
Subsequent Event [Line Items]            
Percentage of common stock on trading day immediately prior to applicable installment date     87.50%      
Subsequent Event [Member] | Series D Preferred Stock [Member] | Arithmetic Average Of Two Lowest Volume Weighted Average Price [Member]            
Subsequent Event [Line Items]            
Percentage of common stock on trading day immediately prior to applicable installment date     87.50%      
Subsequent Event [Member] | Series D Preferred Stock [Member] | Minimum [Member]            
Subsequent Event [Line Items]            
Preferred stock, percentage of offered securities   35.00%        
Preferred stock, conversion basis, stock issuance, threshold percentage of outstanding voting stock     20.00%      
Subsequent Event [Member] | Series D Preferred Stock [Member] | Convertible Preferred Offering [Member]            
Subsequent Event [Line Items]            
Conversion terms, increase beneficial ownership limitation percentage upon notice periods     60 days      
Percentage of lowest volume weighted average price of common stock considered as conversion price     85.00%      
Subsequent Event [Member] | Series D Preferred Stock [Member] | Convertible Preferred Offering [Member] | Minimum [Member]            
Subsequent Event [Line Items]            
Conversion terms, beneficial ownership limitation, percentage     4.99%      
Conversion terms, prior receiving beneficial ownership, percentage     19.90%      
Subsequent Event [Member] | Series D Preferred Stock [Member] | Convertible Preferred Offering [Member] | Maximum [Member]            
Subsequent Event [Line Items]            
Conversion terms, beneficial ownership increase, percentage     9.99%      
Subsequent Event [Member] | Series D Preferred Stock [Member] | Convertible Preferred Offering [Member] | Oppenheimer & Co [Member]            
Subsequent Event [Line Items]            
Preferred stock, par value     $ 0.01      
Preferred stock, shares issued | shares     30,680      
Preferred stock, initial convertibel shares | shares     22,231,884      
Conversion of stock conversion price     $ 1.38      
Subsequent Event [Member] | Series C Preferred Stock [Member] | Convertible Preferred Offering [Member]            
Subsequent Event [Line Items]            
Conversion of stock conversion price     $ 1.50