Convertible Notes (Details) - USD ($) $ / shares in Units, $ in Thousands |
1 Months Ended | |
|---|---|---|
May 14, 2018 |
Oct. 23, 2018 |
|
| 6.5% convertible senior secured notes [Member] | ||
| Convertible Notes (Details) [Line Items] | ||
| Principal amount | $ 15,000 | |
| Conversion price percentage | 6.50% | |
| Net proceeds from offering | $ 13,100 | |
| Description of interest payment date | Interest on the notes accrues at the rate of 6.5% per year and is payable at the Company’s option quarterly in cash and/or freely tradable shares of the Company’s common stock, subject to certain limitations. | |
| Description of debt conversion | The notes may be converted into common stock at the option of the holder at any time prior to maturity at an initial conversion price of $6.55 per share, subject to adjustment under certain circumstances. | |
| Purchase price | 100.00% | |
| Shares issued price per share | $ 4.25 | |
| 6.5% Convertible Senior Notes [Member] | ||
| Convertible Notes (Details) [Line Items] | ||
| Principal amount | $ 10,000 | |
| Conversion price percentage | 6.50% | |
| Net proceeds from offering | $ 8,900 | |
| Description of interest payment date | Interest on the notes accrues at the rate of 6.5% per year and is payable in cash on each February 28, May 31, August 31 and November 30, beginning February 28, 2019. | |
| Description of debt conversion | The notes are convertible into common stock at the option of the holder at any time prior to maturity at an initial conversion price of $5.10 per share, subject to adjustment under certain circumstances. | |
| Maturity date | Nov. 30, 2023 | |
| Redemption price of principal amount and date, description | (1) on or after November 30, 2019 until November 29, 2020, if the closing sale price per share of the Common Stock exceeds 175% of the then-effective conversion price of the notes for each of 20 of any 30 consecutive trading days immediately preceding the optional redemption notice delivered by the Company; (2) on or after November 30, 2020 until November 29, 2021, if the closing sale price per share of the Common Stock exceeds 150% of the then-effective conversion price of the notes for each of 20 of any 30 consecutive trading days immediately preceding the optional redemption notice delivered by the Company and (3) on or after November 30, 2021, if the closing sale price per share of the Common Stock exceeds 125% of the then-effective conversion price of the notes for each of 20 of any 30 consecutive trading days immediately preceding the optional redemption notice delivered by the Company. Upon redemption, each noteholder will receive an interest make-whole payment equal to the remaining scheduled interest payments that would have been made on the redeemed notes had the notes remained outstanding through the Maturity Date, which will be paid in cash; provided, however, that so long as the Make-Whole VWAP Price (as defined below) is not less than $5.01 per share (as appropriately adjusted for any stock split, reverse stock split, stock dividend or other reclassification or combination of our common stock occurring after the date of issuance of the notes offered hereby), the Company will have the option to pay interest make-whole payments in freely tradable shares of Common Stock valued at the product of (x) 95% and (y) the volume weighted average price of Common Stock for the ten trading days ending on and including the trading day immediately preceding the redemption date (such product, the “Make-Whole VWAP Price”). | |
| Notes repurchase, description | In addition, if a “fundamental change” (as defined in the indenture) occurs prior to the maturity date, subject to certain conditions, holders of the notes will have the right to require the Company to repurchase for cash all of the notes, or any portion thereof that is equal to $1,000 or an integral multiple of $1,000, at a purchase price equal to 100% of the principal amount of the notes to be repurchased, plus accrued and unpaid interest on such principal, if any, up to such repurchase date. | |
| Fair value debt discount | $ 0 | |
| Maximum [Member] | 6.5% convertible senior secured notes [Member] | ||
| Convertible Notes (Details) [Line Items] | ||
| Conversion price | 6.55 | |
| Minimum [Member] | 6.5% convertible senior secured notes [Member] | ||
| Convertible Notes (Details) [Line Items] | ||
| Conversion price | $ 5.00 |