2017 Q2 Form 10-Q Financial Statement
#000143774917014570 Filed on August 14, 2017
Income Statement
Concept | 2017 Q2 | 2016 Q2 |
---|---|---|
Revenue | $188.6K | $134.9K |
YoY Change | 39.85% | -95.34% |
Cost Of Revenue | $277.4K | $175.8K |
YoY Change | 57.76% | -92.62% |
Gross Profit | -$88.77K | -$40.96K |
YoY Change | 116.75% | -107.98% |
Gross Profit Margin | -47.07% | -30.37% |
Selling, General & Admin | $1.433M | $840.1K |
YoY Change | 70.6% | -80.7% |
% of Gross Profit | ||
Research & Development | $309.5K | $224.4K |
YoY Change | 37.94% | -62.47% |
% of Gross Profit | ||
Depreciation & Amortization | $81.00K | $209.0K |
YoY Change | -61.24% | 16.11% |
% of Gross Profit | ||
Operating Expenses | $3.822M | $1.065M |
YoY Change | 259.05% | -78.5% |
Operating Profit | -$3.911M | -$1.105M |
YoY Change | 253.77% | -75.09% |
Interest Expense | -$1.259K | -$109.00 |
YoY Change | 1055.05% | -99.99% |
% of Operating Profit | ||
Other Income/Expense, Net | -$1.240K | -$189.4K |
YoY Change | -99.35% | -105.3% |
Pretax Income | -$3.910M | -$1.295M |
YoY Change | 201.97% | 49.63% |
Income Tax | $0.00 | |
% Of Pretax Income | ||
Net Earnings | -$3.912M | -$1.295M |
YoY Change | 202.13% | 48.79% |
Net Earnings / Revenue | -2074.26% | -960.16% |
Basic Earnings Per Share | -$0.39 | $0.17 |
Diluted Earnings Per Share | -$0.39 | -$0.13 |
COMMON SHARES | ||
Basic Shares Outstanding | 9.927M | 9.794M |
Diluted Shares Outstanding | 9.927M | 9.794M |
Balance Sheet
Concept | 2017 Q2 | 2016 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $330.0K | $6.070M |
YoY Change | -94.56% | -11.9% |
Cash & Equivalents | $331.0K | $10.36M |
Short-Term Investments | ||
Other Short-Term Assets | $330.0K | $750.0K |
YoY Change | -56.0% | -75.33% |
Inventory | $89.18K | $56.35K |
Prepaid Expenses | ||
Receivables | $150.0K | $1.230M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $900.0K | $12.35M |
YoY Change | -92.71% | -3.69% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $307.1K | $865.7K |
YoY Change | -64.53% | -0.95% |
Goodwill | $0.00 | $2.100M |
YoY Change | -100.0% | 86.08% |
Intangibles | $7.414M | $8.400M |
YoY Change | -11.73% | -70.62% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $218.3K | $340.0K |
YoY Change | -35.79% | -88.83% |
Total Long-Term Assets | $7.940M | $11.70M |
YoY Change | -32.13% | -65.23% |
TOTAL ASSETS | ||
Total Short-Term Assets | $900.0K | $12.35M |
Total Long-Term Assets | $7.940M | $11.70M |
Total Assets | $8.840M | $24.05M |
YoY Change | -63.24% | -48.24% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $645.0K | $2.877M |
YoY Change | -77.58% | 65.53% |
Accrued Expenses | $1.205M | $3.112M |
YoY Change | -61.28% | -45.6% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $0.00 | |
YoY Change | ||
Total Short-Term Liabilities | $1.850M | $5.989M |
YoY Change | -69.11% | -23.81% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | -100.0% | |
Other Long-Term Liabilities | $80.34K | $171.6K |
YoY Change | -53.18% | -65.49% |
Total Long-Term Liabilities | $80.34K | $171.6K |
YoY Change | -53.18% | -65.49% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $1.850M | $5.989M |
Total Long-Term Liabilities | $80.34K | $171.6K |
Total Liabilities | $1.930M | $2.789M |
YoY Change | -30.79% | -89.57% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$11.30M | $0.00 |
YoY Change | -100.0% | |
Common Stock | $993.00 | $993.00 |
YoY Change | 0.0% | -92.04% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $6.909M | $17.89M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $8.840M | $24.05M |
YoY Change | -63.24% | -48.24% |
Cashflow Statement
Concept | 2017 Q2 | 2016 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$3.912M | -$1.295M |
YoY Change | 202.13% | 48.79% |
Depreciation, Depletion And Amortization | $81.00K | $209.0K |
YoY Change | -61.24% | 16.11% |
Cash From Operating Activities | -$1.010M | -$4.830M |
YoY Change | -79.09% | -2.62% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $0.00 | |
YoY Change | ||
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $0.00 | $0.00 |
YoY Change | -100.0% | |
Cash From Investing Activities | $0.00 | $0.00 |
YoY Change | -100.0% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 0.000 | 10.20M |
YoY Change | -100.0% | |
NET CHANGE | ||
Cash From Operating Activities | -1.010M | -4.830M |
Cash From Investing Activities | 0.000 | 0.000 |
Cash From Financing Activities | 0.000 | 10.20M |
Net Change In Cash | -1.010M | 5.370M |
YoY Change | -118.81% | -208.92% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$1.010M | -$4.830M |
Capital Expenditures | $0.00 | |
Free Cash Flow | -$4.830M | |
YoY Change | -2.62% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2017Q2 | nuot |
Authorized Shares Common And Preferred
AuthorizedSharesCommonAndPreferred
|
32500000 | |
CY2016Q2 | nuot |
Debt Free Net Cash Flow Growth Rate
DebtFreeNetCashFlowGrowthRate
|
0.034 | |
CY2016Q4 | nuot |
Debt Instrument Number Of Periodic Payments
DebtInstrumentNumberOfPeriodicPayments
|
3 | |
nuot |
Debt Issuance Costs On Short Term Debtor In Posession Note Payable
DebtIssuanceCostsOnShortTermDebtorInPosessionNotePayable
|
|||
CY2016Q2 | nuot |
Debt Issuance Costs On Short Term Debtor In Posession Note Payable
DebtIssuanceCostsOnShortTermDebtorInPosessionNotePayable
|
||
CY2016Q2 | nuot |
Debtor Reorganization Items Gain Loss On Reorganization Adjustments Net
DebtorReorganizationItemsGainLossOnReorganizationAdjustmentsNet
|
||
CY2017Q2 | nuot |
Direct Operating Cost Royalty Expense Recovery
DirectOperatingCostRoyaltyExpenseRecovery
|
||
CY2016Q2 | nuot |
Direct Operating Cost Royalty Expense Recovery
DirectOperatingCostRoyaltyExpenseRecovery
|
||
nuot |
Direct Operating Cost Royalty Expense Recovery
DirectOperatingCostRoyaltyExpenseRecovery
|
|||
CY2016Q2 | nuot |
Fresh Start Accounting Percent Of Voting Share Of Emerging Entity
FreshStartAccountingPercentOfVotingShareOfEmergingEntity
|
0.5 | |
CY2016Q2 | nuot |
Fresh Start Adjustment Increase Decrease Common And Preferred Stock At Par
FreshStartAdjustmentIncreaseDecreaseCommonAndPreferredStockAtPar
|
-753 | |
CY2016Q2 | nuot |
Freshstart Adjustment Increase Decrease Common Stock Issuable
FreshstartAdjustmentIncreaseDecreaseCommonStockIssuable
|
-392950 | |
CY2016Q2 | nuot |
Freshstart Adjustment Increase Decrease Intangible Assets Including Goodwill
FreshstartAdjustmentIncreaseDecreaseIntangibleAssetsIncludingGoodwill
|
10476284 | |
nuot |
Noncash Gain Loss On Reorganisation
NoncashGainLossOnReorganisation
|
|||
CY2016Q2 | nuot |
Noncash Gain Loss On Reorganisation
NoncashGainLossOnReorganisation
|
||
CY2016Q2 | nuot |
Payment For Offering Cost
PaymentForOfferingCost
|
100000 | |
CY2016Q2 | nuot |
Payments For Reorganization Items
PaymentsForReorganizationItems
|
1054426 | |
CY2017Q2 | nuot |
Percentage Of Revenues Generated Outside Of United States
PercentageOfRevenuesGeneratedOutsideOfUnitedStates
|
0.22 | |
CY2016Q2 | nuot |
Percentage Of Revenues Generated Outside Of United States
PercentageOfRevenuesGeneratedOutsideOfUnitedStates
|
0.1 | |
nuot |
Percentage Of Revenues Generated Outside Of United States
PercentageOfRevenuesGeneratedOutsideOfUnitedStates
|
0.28 | ||
nuot |
Percentage Of Revenues Generated Outside Of United States
PercentageOfRevenuesGeneratedOutsideOfUnitedStates
|
0.11 | ||
CY2016Q2 | nuot |
Post Confirmation Tangible Assets
PostConfirmationTangibleAssets
|
13574000 | |
CY2016Q2 | nuot |
Post Confirmation Tangible Assets
PostConfirmationTangibleAssets
|
13574000 | |
CY2016Q2 | nuot |
Postconfirmation Common Stock Issuable
PostconfirmationCommonStockIssuable
|
||
CY2016Q2 | nuot |
Postconfirmation Conditionally Redeemable Common Stock
PostconfirmationConditionallyRedeemableCommonStock
|
||
CY2016Q2 | nuot |
Postconfirmation Deferred Costs And Other Assets Noncurrent
PostconfirmationDeferredCostsAndOtherAssetsNoncurrent
|
355741 | |
CY2016Q2 | nuot |
Preconfirmation Common Stock Issuable
PreconfirmationCommonStockIssuable
|
392950 | |
CY2016Q2 | nuot |
Preconfirmation Conditionally Redeemable Common Stock
PreconfirmationConditionallyRedeemableCommonStock
|
500000 | |
CY2016Q2 | nuot |
Preconfirmation Deferred Costs And Other Assets Noncurrent
PreconfirmationDeferredCostsAndOtherAssetsNoncurrent
|
355741 | |
nuot |
Preferred Stock Issued
PreferredStockIssued
|
|||
CY2016Q2 | nuot |
Preferred Stock Issued
PreferredStockIssued
|
8288719 | |
nuot |
Proceeds From Issuance Of Commonstock And Preferred Stock Net Of Issuance Costs
ProceedsFromIssuanceOfCommonstockAndPreferredStockNetOfIssuanceCosts
|
|||
CY2016Q2 | nuot |
Proceeds From Issuance Of Commonstock And Preferred Stock Net Of Issuance Costs
ProceedsFromIssuanceOfCommonstockAndPreferredStockNetOfIssuanceCosts
|
||
CY2016Q2 | nuot |
Reorganization Adjustment Increase Decrease Additional Paidin Capital
ReorganizationAdjustmentIncreaseDecreaseAdditionalPaidinCapital
|
-126011808 | |
CY2016Q2 | nuot |
Reorganization Adjustment Increase Decrease Assets
ReorganizationAdjustmentIncreaseDecreaseAssets
|
-2422510 | |
CY2016Q2 | nuot |
Reorganization Adjustment Increase Decrease Common Stock
ReorganizationAdjustmentIncreaseDecreaseCommonStock
|
-12477 | |
CY2016Q2 | nuot |
Reorganization Adjustment Increase Decrease Conditionally Redeemable Common Stock
ReorganizationAdjustmentIncreaseDecreaseConditionallyRedeemableCommonStock
|
-500000 | |
CY2016Q2 | nuot |
Reorganization Adjustment Increase Decrease Current Assets
ReorganizationAdjustmentIncreaseDecreaseCurrentAssets
|
-16053 | |
CY2016Q2 | nuot |
Reorganization Adjustment Increase Decrease Deferred Revenue Current Portion
ReorganizationAdjustmentIncreaseDecreaseDeferredRevenueCurrentPortion
|
-899920 | |
CY2016Q2 | nuot |
Reorganization Adjustment Increase Decrease Elimination Of Various Payables And Accruals
ReorganizationAdjustmentIncreaseDecreaseEliminationOfVariousPayablesAndAccruals
|
-773756 | |
CY2016Q2 | nuot |
Reorganization Adjustment Increase Decrease Equity Excluding Retained Earnings
ReorganizationAdjustmentIncreaseDecreaseEquityExcludingRetainedEarnings
|
-126917235 | |
CY2016Q2 | nuot |
Reorganization Adjustment Increase Decrease Intangible Assets Net Excluding Goodwill
ReorganizationAdjustmentIncreaseDecreaseIntangibleAssetsNetExcludingGoodwill
|
-2406457 | |
CY2016Q2 | nuot |
Reorganization Adjustment Increase Decrease Liabilities
ReorganizationAdjustmentIncreaseDecreaseLiabilities
|
-45739797 | |
CY2016Q2 | nuot |
Reorganization Adjustment Increase Decrease Liabilities And Stockholders Equity
ReorganizationAdjustmentIncreaseDecreaseLiabilitiesAndStockholdersEquity
|
-2422510 | |
CY2016Q2 | nuot |
Reorganization Adjustment Increase Decrease Liabilities Subject To Compromise
ReorganizationAdjustmentIncreaseDecreaseLiabilitiesSubjectToCompromise
|
-39089877 | |
CY2016Q2 | nuot |
Reorganization Adjustment Increase Decrease Prepaid And Other Current Assets
ReorganizationAdjustmentIncreaseDecreasePrepaidAndOtherCurrentAssets
|
-16053 | |
CY2016Q2 | nuot |
Reorganization Adjustment Increase Decrease Retained Earnings Deficit
ReorganizationAdjustmentIncreaseDecreaseRetainedEarningsDeficit
|
170234522 | |
CY2016Q2 | nuot |
Reorganization Adjustment Increase Decrease Stockholders Equity
ReorganizationAdjustmentIncreaseDecreaseStockholdersEquity
|
43817287 | |
CY2016Q2 | nuot |
Reorganization Adjustment Increase Decrease Termination Of Debt Agreements And Accrued Interest
ReorganizationAdjustmentIncreaseDecreaseTerminationOfDebtAgreementsAndAccruedInterest
|
-44066121 | |
CY2017Q2 | nuot |
Time Deposits Annual Interest Rate
TimeDepositsAnnualInterestRate
|
0.001 | |
CY2017Q2 | nuot |
Time Deposits Interest Rate Renewal Term
TimeDepositsInterestRateRenewalTerm
|
P240D | |
CY2016Q2 | nuot |
Warrant Expiration Date
WarrantExpirationDate
|
2016-11-05 | |
CY2017Q2 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
153507 | |
CY2016Q4 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
294298 | |
CY2017Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
644968 | |
CY2016Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
392615 | |
CY2017Q2 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
562418 | |
CY2017Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1205118 | |
CY2016Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1054677 | |
CY2017Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
455762 | |
CY2016Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
279601 | |
CY2017Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
18208629 | |
CY2016Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
18180658 | |
CY2017Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
409000 | |
CY2016Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
409000 | |
CY2017Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
408911 | |
us-gaap |
Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
|
-466 | ||
CY2016Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
|
||
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
400000 | ||
CY2017Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1228750 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
6180000 | ||
CY2016Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
6180000 | |
CY2017Q2 | us-gaap |
Assets
Assets
|
8839766 | |
CY2016Q4 | us-gaap |
Assets
Assets
|
14056753 | |
CY2017Q2 | us-gaap |
Assets Current
AssetsCurrent
|
899985 | |
CY2016Q4 | us-gaap |
Assets Current
AssetsCurrent
|
3372215 | |
CY2017Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
331034 | |
CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2620023 | |
CY2016Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
10358209 | |
CY2016Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
6066991 | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-2288989 | ||
CY2016Q2 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-4291218 | |
CY2017Q2 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | |
CY2017Q2 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
81000 | |
CY2016Q2 | us-gaap |
Class Of Warrant Or Righst Date From Which Warrants Or Rights Exercisable
ClassOfWarrantOrRighstDateFromWhichWarrantsOrRightsExercisable
|
2021-05-05 | |
CY2017Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2016Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2017Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2016Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2016Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2017Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
31500000 | |
CY2016Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
31500000 | |
CY2017Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
9927112 | |
CY2016Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
9927112 | |
CY2017Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
9927112 | |
CY2016Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
9927112 | |
CY2017Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
993 | |
CY2016Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
993 | |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" margin: 0pt 15pt 0pt 18pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; text-decoration: underline;">Credit Concentration</div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">We generate accounts receivable from the sale of our products. In addition, other receivables consist primarily of the receivable due from our contract manufacturer for the cost of raw materials required to manufacture the Angel products that are purchased by the Company and immediately resold, at cost, to the contract manufacturer and a refund due for Delaware franchise taxes. Specific customer<div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;"> or other receivables balances in excess of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10%</div> of total receivables at <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2017 </div>and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 31, 2016 </div>were as follows:</div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"> </div> <div> <table style="; text-indent: 0px; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-right: 15%; margin-left: 54pt;" cellspacing="0" cellpadding="0" border="0"> <tr style="vertical-align: bottom;"> <td style="width: 58%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td colspan="2" style="width: 1%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 18pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"> <div style=" margin: 0pt 0pt 0pt 18pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Successor</div></div></div></div> </td> <td style="width: 1%; padding-bottom: 1px; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td colspan="2" style="width: 1%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 18pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"> <div style=" margin: 0pt 0pt 0pt 18pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Successor</div></div></div></div> </td> <td style="width: 1%; padding-bottom: 1px; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="width: 58%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td colspan="2" style="width: 1%; text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 18pt; border-bottom: thin solid rgb(0, 0, 0); padding: 0px;" nowrap="nowrap"> <div style=" margin: 0pt 0pt 0pt 18pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">June 30</div><div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">, 2017</div></div></div></div></div> </td> <td style="width: 1%; padding-bottom: 1px; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td colspan="2" style="width: 1%; text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 18pt; border-bottom: thin solid rgb(0, 0, 0); padding: 0px;" nowrap="nowrap"> <div style=" margin: 0pt 0pt 0pt 18pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">December 31, 2016</div></div></div></div> </td> <td style="width: 1%; padding-bottom: 1px; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="width: 58%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Other receivable A</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 18%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 18pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">72%</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 18%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 18pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">58%</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="width: 58%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Customer B</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 18%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 18pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 18%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 18pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10%</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> </table> </div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"> </div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">Revenue from significant customers exceeding <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10%</div> of total revenues for the periods presented was as follows:</div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"> </div> <div> <table style="; text-indent: 0px; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-right: 10%; margin-left: 36pt;" cellspacing="0" cellpadding="0" border="0"> <tr style="vertical-align: bottom;"> <td style="width: 39%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td colspan="2" style="width: 1%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"> <div style=" margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Successor</div></div></div></div> </td> <td style="width: 1%; padding-bottom: 1px; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td colspan="2" style="width: 1%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"> <div style=" margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Successor</div></div></div></div> </td> <td style="width: 1%; padding-bottom: 1px; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td colspan="2" style="width: 1%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"> <div style=" margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Predecessor</div></div></div></div> </td> <td style="width: 1%; padding-bottom: 1px; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="width: 39%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td colspan="2" style="width: 1%; text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: thin solid rgb(0, 0, 0); padding: 0px;" nowrap="nowrap"> <div style=" margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Three months ended</div></div></div></div> <div style=" margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">June 30, 2017</div></div></div></div> </td> <td style="width: 1%; padding-bottom: 1px; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td colspan="2" style="width: 1%; text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: thin solid rgb(0, 0, 0); padding: 0px;" nowrap="nowrap"> <div style=" margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Period from May 5, 2016</div></div></div></div> <div style=" margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">through June 30, 2016</div></div></div></div> </td> <td style="width: 1%; padding-bottom: 1px; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td colspan="2" style="width: 1%; text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: thin solid rgb(0, 0, 0); padding: 0px;" nowrap="nowrap"> <div style=" margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Period from April 1, 2016</div></div></div></div> <div style=" margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">through May 4, 2016</div></div></div></div> </td> <td style="width: 1%; padding-bottom: 1px; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="width: 39%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Customer A</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="width: 16%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"><div style="display: inline; font-weight: bold;">-</div></div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 18%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 18%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">66%</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="width: 39%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Customer B</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="width: 16%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"><div style="display: inline; font-weight: bold;">-</div></div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 18%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">24%</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 18%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="width: 39%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Customer C</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 16%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">22%</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 18%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">19%</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 18%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="width: 39%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Customer D</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="width: 16%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"><div style="display: inline; font-weight: bold;">-</div></div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 18%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">16%</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 18%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="width: 39%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Customer E</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 16%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">15%</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 18%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 18%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="width: 39%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Customer F</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 16%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">13%</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td style="width: 18%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 18%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> </table> </div> <div style=" margin: 0pt;"> </div> <div> <table style="; text-indent: 0px; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-right: 10%; margin-left: 36pt;" cellspacing="0" cellpadding="0" border="0"> <tr style="vertical-align: bottom;"> <td style="width: 39%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td colspan="2" style="width: 1%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"> <div style=" margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Successor</div></div></div> </td> <td style="width: 1%; padding-bottom: 1px; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td colspan="2" style="width: 1%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"> <div style=" margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Successor</div></div></div> </td> <td style="width: 1%; padding-bottom: 1px; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td colspan="2" style="width: 1%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"> <div style=" margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Predecessor</div></div></div> </td> <td style="width: 1%; padding-bottom: 1px; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="width: 39%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td colspan="2" style="width: 1%; text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: thin solid rgb(0, 0, 0); padding: 0px;" nowrap="nowrap"> <div style=" margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Six months ended</div></div></div> <div style=" margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">June 30, 2017</div></div></div> </td> <td style="width: 1%; padding-bottom: 1px; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td colspan="2" style="width: 1%; text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: thin solid rgb(0, 0, 0); padding: 0px;" nowrap="nowrap"> <div style=" margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Period from May 5, 2016</div></div></div> <div style=" margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">through June 30, 2016</div></div></div> </td> <td style="width: 1%; padding-bottom: 1px; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td colspan="2" style="width: 1%; text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: thin solid rgb(0, 0, 0); padding: 0px;" nowrap="nowrap"> <div style=" margin: 0pt; text-align: center; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Period from January 1, 2016<br /> through May 4, 2016</div></div></div> </td> <td style="width: 1%; padding-bottom: 1px; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="width: 39%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Customer A</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="width: 16%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"><div style="display: inline; font-weight: bold;">-</div></div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 18%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 18%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">78%</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="width: 39%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Customer B</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> </div></td> <td style="width: 16%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"><div style="display: inline; font-weight: bold;">-</div></div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 18%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">24%</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 18%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="width: 39%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Customer C</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 16%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">28%</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 18%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">19%</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 18%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="width: 39%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Customer D</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 16%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10%</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 18%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">16%</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 18%; text-align: center; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">-</div></td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;" nowrap="nowrap"> </td> </tr> </table> </div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"> </div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"> </div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">Historically, we used single suppliers for several components of the Aurix product line. We outsource the manufacturing of various products to contract manufacturers. While we believe these manufacturers demonstrate competency, reliability and stability, there is <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div> assurance that <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">one</div> or more of them will <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> experience an interruption or inability to provide us with the products needed to satisfy customer demand. Additionally, while most of the components of Aurix are generally readily available on the open market, a reagent, bovine thrombin, is available exclusively through Pfizer, with whom we have an established vendor relationship.</div></div></div></div></div></div></div></div></div> | ||
CY2017Q2 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
277371 | |
CY2016Q2 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
175813 | |
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
547458 | ||
CY2017Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
277371 | |
CY2016Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
175813 | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
547458 | ||
CY2016Q4 | us-gaap |
Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
|
33333 | |
CY2017Q2 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
0 | |
CY2016Q2 | us-gaap |
Debtor Reorganization Items Legal And Advisory Professional Fees
DebtorReorganizationItemsLegalAndAdvisoryProfessionalFees
|
209402 | |
CY2017Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
81000 | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
178000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
604347 | ||
CY2016Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
208999 | |
us-gaap |
Dilutive Securities
DilutiveSecurities
|
|||
CY2016Q2 | us-gaap |
Dilutive Securities
DilutiveSecurities
|
||
CY2017Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.39 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.56 | ||
CY2016Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.13 | |
CY2016Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.17 | |
CY2017Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.39 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.56 | ||
CY2016Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.13 | |
us-gaap |
Fair Value Assumptions Expected Dividend Rate
FairValueAssumptionsExpectedDividendRate
|
0 | ||
CY2016Q2 | us-gaap |
Fair Value Inputs Discount Rate
FairValueInputsDiscountRate
|
0.29 | |
CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
982625 | |
CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
556592 | |
CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
3580000 | |
CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
426000 | |
CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
852000 | |
CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
852000 | |
CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
852000 | |
CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
852000 | |
CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
8397000 | |
CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
8397000 | |
CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
7414375 | |
CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
7840408 | |
CY2016Q2 | us-gaap |
Fresh Start Adjustment Increase Decrease Additional Paid In Capital
FreshStartAdjustmentIncreaseDecreaseAdditionalPaidInCapital
|
17887966 | |
CY2016Q2 | us-gaap |
Fresh Start Adjustment Increase Decrease Amortizable Intangible Assets
FreshStartAdjustmentIncreaseDecreaseAmortizableIntangibleAssets
|
8397000 | |
CY2016Q2 | us-gaap |
Fresh Start Adjustment Increase Decrease Assets
FreshStartAdjustmentIncreaseDecreaseAssets
|
17528784 | |
CY2016Q2 | us-gaap |
Fresh Start Adjustment Increase Decrease Cash And Cash Equivalents
FreshStartAdjustmentIncreaseDecreaseCashAndCashEquivalents
|
7052500 | |
CY2016Q2 | us-gaap |
Fresh Start Adjustment Increase Decrease Common Stock
FreshStartAdjustmentIncreaseDecreaseCommonStock
|
750 | |
CY2016Q2 | us-gaap |
Fresh Start Adjustment Increase Decrease Current Assets
FreshStartAdjustmentIncreaseDecreaseCurrentAssets
|
7052500 | |
CY2016Q4 | us-gaap |
Fresh Start Adjustment Increase Decrease Goodwill
FreshStartAdjustmentIncreaseDecreaseGoodwill
|
2079284 | |
CY2016Q2 | us-gaap |
Fresh Start Adjustment Increase Decrease Goodwill
FreshStartAdjustmentIncreaseDecreaseGoodwill
|
2079284 | |
CY2016Q2 | us-gaap |
Fresh Start Adjustment Increase Decrease Liabilities And Stockholders Equity
FreshStartAdjustmentIncreaseDecreaseLiabilitiesAndStockholdersEquity
|
17528784 | |
CY2016Q2 | us-gaap |
Fresh Start Adjustment Increase Decrease Preferred Stock
FreshStartAdjustmentIncreaseDecreasePreferredStock
|
3 | |
CY2016Q2 | us-gaap |
Fresh Start Adjustment Increase Decrease Retained Earnings Deficit
FreshStartAdjustmentIncreaseDecreaseRetainedEarningsDeficit
|
-359935 | |
CY2016Q2 | us-gaap |
Fresh Start Adjustment Increase Decrease Stockholders Equity
FreshStartAdjustmentIncreaseDecreaseStockholdersEquity
|
17528784 | |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
1205 | ||
CY2016Q2 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
||
CY2017Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1272599 | |
CY2016Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
602817 | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2247012 | ||
CY2016Q2 | us-gaap |
Goodwill
Goodwill
|
2100000 | |
CY2017Q2 | us-gaap |
Goodwill
Goodwill
|
0 | |
CY2015Q4 | us-gaap |
Goodwill
Goodwill
|
0 | |
CY2016Q4 | us-gaap |
Goodwill
Goodwill
|
2079284 | |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
2079284 | ||
CY2017Q2 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
2079284 | |
CY2016Q2 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
||
CY2017Q2 | us-gaap |
Gross Profit
GrossProfit
|
-88771 | |
CY2016Q2 | us-gaap |
Gross Profit
GrossProfit
|
-40956 | |
us-gaap |
Gross Profit
GrossProfit
|
-186115 | ||
us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
-141257 | ||
CY2016Q2 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
-60926 | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
252353 | ||
CY2016Q2 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1606527 | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
150441 | ||
CY2016Q2 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-1534977 | |
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29600 | |
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18100 | |
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89179 | |
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59800 | |
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9200 | |
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8000 | |
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1570726 | |
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8839766 | |
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14056753 | |
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1850086 | |
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1447292 | |
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Nature Of Operations
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<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" margin: 0pt 15pt 0pt 18pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">Note <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1</div> <div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;">– Description of Business and Bankruptcy Proceedings</div></div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"> </div> <div style=" margin: 0pt 51pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; text-decoration: underline;">Description of Business</div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">Nuo Therapeutics, Inc. (“Nuo Therapeutics,” the “Company,” “we,” “us,” or “our”) is a biomedical company marketing its products primarily within the U.S. We commercialize innovative cell-based technologies that harness the regenerative capacity of the human body to trigger natural healing. The use of autologous (from self) biological therapies for tissue repair and regeneration is part of a transformative clinical strategy designed to improve long term recovery in complex chronic conditions with significant unmet medical needs. Growth opportunities for the Aurix System in the United States in the near to intermediate term include the treatment of chronic wounds with Aurix in: (i) the Medicare population under a National Coverage Determination (“NCD”), when registry data is collected under the Coverage with Evidence Development (“CED”)<div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;"> program of the Centers for Medicare & Medicaid Services (“CMS”); and (ii) the Veterans Affairs (“VA”) healthcare system and other federal accounts settings. </div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"> </div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">As of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> June 30</div><div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;">, <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> our commercial offering consists solely of the Aurix point of care technology for the safe and efficient separation of autologous blood to produce a platelet based therapy for the chronic wound care market. Prior to the Effective Date (as defined below), we had <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">two</div> distinct platelet rich plasma (“PRP”) devices: the Aurix System for wound care, and the Angel® concentrated Platelet Rich Plasma (“cPRP”) System for orthopedics markets. Prior to the Effective Date, Arthrex, Inc. (“Arthrex”) was our exclusive distributor for Angel. Pursuant to the Plan of Reorganization (as defined below), on <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> May 5, 2016, </div>the Company assigned its rights, title and interest in and to its existing license agreement with Arthrex to Deerfield (as defined below), as well as rights to collect royalty payments thereunder.</div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"> </div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; text-decoration: underline;">Bankruptcy Proceedings</div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">On <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January 26, 2016, </div>the Company filed a voluntary petition in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”) seeking relief under Chapter <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11</div> of Title <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11</div> of the United States Code (the “Bankruptcy Code”), which is administered under the caption “In re: Nuo Therapeutics, Inc.”, Case <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">No.</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">16</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10192</div> (MFW) (the “Chapter <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11</div> Case”).</div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"> </div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">On <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> April 25, 2016</div><div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;"> (the “Confirmation Date”), the Bankruptcy Court entered an Order Granting Final Approval of Disclosure Statement and Confirming Debtor’s Plan of Reorganization (the “Confirmation Order”), which confirmed the Modified First Amended Plan of Reorganization of the Debtor under Chapter <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11</div> of the Bankruptcy Code (as confirmed, the “Plan,” or “Plan of Reorganization”).</div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"> </div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">Scenario A<div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;"> contemplated by the Plan of Reorganization became effective on <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> May 5, 2016 (</div>the “Effective Date”). Pursuant to the Plan, as of the Effective Date: (i) all equity interests of the Company, including but <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> limited to all shares of the Company’s common stock, <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.0001</div> par value per share (including its redeemable common stock) (the “Old Common Stock”), warrants, and options that were issuable or issued and outstanding immediately prior to the Effective Date, were cancelled; (ii) the Company’s certificate of incorporation that was in effect immediately prior to the Effective Date was amended and restated in its entirety; (iii) the Company’s by-laws that were in effect immediately prior to the Effective Date were amended and restated in their entirety; and (iv) the Company issued New Common Stock, Warrants and Series A Preferred Stock (all as defined below).</div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"> </div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">Upon emergence from bankruptcy on the Effective Date, the Company applied fresh start accounting, resulting in the Company becoming a new entity for financial reporting purposes (see Note <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2</div> <div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;">– <div style="display: inline; font-style: italic;">Fresh Start Accounting</div>). As a result of the application of fresh start accounting, the Company reflected the disposition of its pre-petition debt and changes in its equity structure effected under the Confirmation Order in its balance sheet as of the Effective Date. Accordingly, all financial statements prior to <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> May 5, 2016 </div>are referred to as those of the "Predecessor Company", as they reflect the periods prior to application of fresh start accounting. The financial statements for periods subsequent to <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> May 4, 2016, </div>are referred to as those of the "Successor Company." Under fresh start accounting, the Company's assets and liabilities were adjusted to their fair values, and a reorganization value for the entity was determined by the Company based upon the estimated fair value of the enterprise before considering values allocated to debt to be settled in the reorganization. The fresh start adjustments are material and affect the Company’s results of operations from and after <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> May 5, 2016. </div>As a result of the application of fresh start accounting and the effects of the implementation of the Plan of Reorganization, the financial statements on or after <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> May 5, 2016 </div>are <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> comparable to the financial statements prior to that date.</div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"> </div> <div style=" margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; text-decoration: underline;">Common Stock</div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-style: italic;">Recapitalization</div></div> <div style=" margin: 0pt 7.5pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">In accordance with the Plan of Reorganization, as of the Effective Date, the Company issued <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">7,500,000</div> shares (the “Recapitalization Shares”) of new common stock, par value <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.0001</div> per share (the “New Common Stock”), to certain accredited investors (the “Recapitalization Investors”) for gross cash proceeds of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$7,300,000</div> and net cash to the Company of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$7,052,500</div> (the “Recapitalization Financing”).<div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;"> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">200,000</div> of the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">7,500,000</div> shares of New Common Stock were issued in partial payment of an advisory fee. The net cash amount excludes the effect of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$100,000</div> in offering expenses paid from the proceeds of the DIP Financing (as defined below in Note <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">8</div> - <div style="display: inline; font-style: italic;">Debt</div>), which was converted into Series A Preferred Stock as of the Effective Date, as described below under <div style="display: inline; font-style: italic;">“Series A Preferred Stock</div>.” As part of the Recapitalization Financing, the Company also issued warrants to purchase <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">6,180,000</div> shares of New Common Stock to certain of the Recapitalization Investors (the “Warrants”). The Warrants terminate on <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">May 5, 2021</div>, </div>and are exercisable at any time on or after <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">November 5, 2016</div> </div>at exercise prices ranging from <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.50</div> per share to <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$1.00</div> per share. The number of shares of New Common Stock underlying a Warrant and its exercise price are subject to customary adjustments upon subdivisions, combinations, payment of stock dividends, reclassifications, reorganizations and consolidations. A significant majority of the Recapitalization Investors executed backstop commitments to purchase up to <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">12,800,000</div> additional shares of New Common Stock for an aggregate purchase price of up to <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$3,000,000</div> (collectively, the “Backstop Commitment”). The Company could <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> call the Backstop Commitment prior to <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">June 30, 2017</div> (</div>see Note <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">12</div> - <div style="display: inline; font-style: italic;">Subsequent Event</div><div style="display: inline; font-style: italic;">s</div> for additional details).</div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"> </div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">With respect to each Recapitalization Investor who executed a Backstop Commitment, the commitment would have terminated on the earlier of: (i) the date on which the Company received net proceeds (after deducting all costs, expenses and commissions) from the sale of New Common Stock in the aggregate amount of the Backstop Commitment; (ii) the date that all shares of Series A Preferred Stock (as defined below) had been redeemed by the Company; or (iii) the date that all shares of Series A Preferred Stock were <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div> longer owned by entities affiliated with Deerfield Mgmt, L.P., Deerfield Management Company, L.P., Deerfield Special Situations Fund, L.P., and Deerfield Private Design Fund II, L.P.<div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;"> (“Deerfield”). We refer to this date as the “Termination Date.” Under the terms of the Backstop Commitment, the Company would have been obligated to pay to the committed Recapitalization Investors a commitment fee of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$250,000</div> in the aggregate upon the Termination Date.</div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"> </div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">As of the Effective Date, the Company entered into a registration rights agreement (the “Registration Rights Agreement”) with the Recapitalization Investors.<div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;"> The Registration Rights Agreement provides certain resale registration rights to the Recapitalization Investors with respect to securities received in the Recapitalization Financing. Pursuant to the Registration Rights Agreement, the Company filed, and has to update periodically, a registration statement covering the resale of all shares of New Common Stock issued to the Recapitalization Investors on the Effective Date until such time as such shares have been sold or <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div>be sold without registration or restriction pursuant to Rule <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">144</div> under the Securities Act. </div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"> </div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-style: italic;">Issuance of New Common Stock to Holders of Old Common Stock</div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">As of the Effective Date, the Company committed to the issuance of up to <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3,000,000</div> shares of New Common Stock and subsequently issued <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,264,612</div> shares of New Common Stock (the “Exchange Shares”) to record holders of the Old Common Stock as of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 28, 2016, </div>who executed and timely delivered the required release documents <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div> later than <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> July 5, 2016, </div>in accordance with the Confirmation Order and the Plan.<div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;"> The holders of Old Common Stock who executed and timely delivered the required release documents are referred to as the “Releasing Holders.”</div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"> </div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">The <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,264,612</div> Exchange Shares were issued as of the Effective Date to Releasing Holders who asserted ownership of a number of shares of Old Common Stock that matched the Company<div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;">’s records or could otherwise be confirmed at a rate of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">one</div> share of New Common Stock for every <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">41.8934</div> shares of Old Common Stock held by such holders as of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 28, 2016. </div>In accordance with the Plan, if the calculation would otherwise have resulted in the issuance to any Releasing Holder of a number of shares of New Common Stock that is <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> a whole number, then the number of shares actually issued to such Releasing Holder was determined by rounding down to the nearest number.</div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"> </div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-style: italic;">Issuance of Shares in Exchange for Administrative Claims</div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">On <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> June 20, 2016, </div>the Company issued <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">162,500</div> shares of New Common Stock (the “Administrative Claim Shares”) pursuant to the Order Granting Application of the Ad Hoc Equity Committee Pursuant to <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11</div> U.S.C. §§ <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">503</div>(b)(<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3</div>)(D) and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">503</div>(b)(<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4</div>) for Allowance of Fees and Expenses Incurred in Making a Substantial Contribution, entered by the Bankruptcy Court on <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> June 20, 2016.</div><div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;"> The Administrative Claim Shares were issued to holders of administrative claims under sections <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">503</div>(b)(<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3</div>)(D) and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">503</div>(b)(<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4</div>) of the Bankruptcy Code. Of the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">162,500</div> shares, <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">100,000</div> shares were issued to outside counsel to the Ad Hoc Equity Committee of the Company’s equity holders as compensation of all remaining allowed fees for legal services provided by such counsel. The remaining <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">62,500</div> were issued to designees of the Ad Hoc Equity Committee who had granted loans in an aggregate amount of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$62,500</div> to the Ad Hoc Equity Committee in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 2015 </div>as repayment of such loans.</div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-style: italic;"> </div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; text-decoration: underline;">Series A Preferred Stock</div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">On the Effective Date, the Company filed a Certificate of Designations of Series A Preferred Stock (the “Certificate of Designations”) with the Delaware Secretary of State, designating <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">29,038</div> shares of the Company<div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;">’s undesignated preferred stock, par value <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.0001</div> per share, as Series A Preferred Stock (the “Series A Preferred Stock”). On the Effective Date, the Company issued <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">29,038</div> shares of Series A Preferred Stock to Deerfield in accordance with the Plan pursuant to the exemption from the registration requirements of the Securities Act provided by Section <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1145</div> of the Bankruptcy Code. Deerfield did <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div></div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"></div> receive any shares of New Common Stock or other equity interests in the Company.</div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"> <div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;"> </div></div> <div style=" margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"></div> <div style=" margin: 0pt 7.5pt 0pt 18pt; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: justify;">The Series A Preferred Stock has <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div> stated maturity date, is <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> convertible or redeemable, and carries a liquidation preference of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$29,038,000,</div> which is required to be paid to holders of such Series A Preferred Stock before any payments are made with respect to shares of New Common Stock (and other capital stock that is <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> issued on parity or senior to the Series A Preferred Stock) upon a liquidation or change in control transaction.<div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;"> For so long as Series A Preferred Stock is outstanding, the holders of Series A Preferred Stock have the right to nominate and elect <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">one</div> member of the board of directors of the Company (the “Board of Directors”) and to have such director serve on a standing committee of the Board of Directors established to exercise powers of the Board of Directors in respect of decisions or actions relating to the Backstop Commitment. The holders of the Series A Preferred Stock nominated and elected <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">one</div> member of the Board of Directors to serve as the designee of the holders of Series A Preferred Stock. The Series A Preferred Stock has voting rights, voting with the New Common Stock as a single class, with each share of Series A Preferred Stock having the right to <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">five</div></div> votes, which currently represents approximately <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">one</div> percent (<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1%</div>) of the voting rights of the capital stock of the Company. The holders of Series A Preferred Stock have the right to approve certain transactions and incurrences of debt. The Certificate of Designations limits the Company’s ability to pay dividends on or purchase shares of its capital stock.</div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"> </div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; text-decoration: underline;">Assignment and Assumption Agreement; Transition Services Agreement</div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">Pursuant to the Plan, on <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> May 5, 2016, </div>the Company entered into an Assignment and Assumption Agreement with Deerfield SS, LLC (the “Assignee”), the designee of Deerfield, to assign to the Assignee the Company<div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;">’s rights, title and interest in and to its existing license agreement with Arthrex, and to transfer and assign to the Assignee associated intellectual property owned by the Company and licensed thereunder, as well as rights to collect royalty payments thereunder. The assignment and transfer was effected in exchange for a reduction of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$15,000,000</div> in the amount of the allowed claim of Deerfield pursuant to the Plan. As a result of the assignment and transfer, the Aurix System currently represents the Company’s only commercial product offering.</div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"> </div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; text-decoration: underline;">Termination of Deerfield Facility Agreement and DIP Credit Agreement</div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">On the Effective Date, the obligations of the Company under the Deerfield Facility Agreement, and under the DIP Credit Agreement (as defined below in Note <div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">8</div> - <div style="display: inline; font-style: italic;">Debt</div>), were cancelled in accordance with the Plan of Reorganization, and the Company ceased to have any obligations thereunder.</div></div></div> | ||
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
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CY2016Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
||
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
5417 | ||
CY2016Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
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us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-2294406 | ||
CY2016Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-4291218 | |
CY2017Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3912061 | |
CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1294843 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-5604661 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-5604661 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-5604661 | ||
CY2017Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1240 | |
CY2016Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-189387 | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-8969 | ||
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | ||
us-gaap |
Number Of Reporting Units
NumberOfReportingUnits
|
1 | ||
CY2017Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
3822050 | |
CY2016Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
1064500 | |
us-gaap |
Operating Expenses
OperatingExpenses
|
5409577 | ||
CY2017Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-3910821 | |
CY2016Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1105456 | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-5595692 | ||
CY2017Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
218313 | |
CY2016Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
278730 | |
CY2017Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
80343 | |
CY2016Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
123434 | |
CY2017Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
19 | |
CY2016Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
20124 | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-1131 | ||
CY2016Q2 | us-gaap |
Postconfirmation Additional Paid In Capital
PostconfirmationAdditionalPaidInCapital
|
17887966 | |
CY2016Q2 | us-gaap |
Postconfirmation Amortizable Intangible Assets
PostconfirmationAmortizableIntangibleAssets
|
8397000 | |
CY2016Q2 | us-gaap |
Postconfirmation Amortizable Intangible Assets
PostconfirmationAmortizableIntangibleAssets
|
8397000 | |
CY2016Q2 | us-gaap |
Postconfirmation Assets
PostconfirmationAssets
|
24049746 | |
CY2016Q2 | us-gaap |
Postconfirmation Cash And Cash Equivalents
PostconfirmationCashAndCashEquivalents
|
10358209 | |
CY2016Q2 | us-gaap |
Postconfirmation Common Stock
PostconfirmationCommonStock
|
750 | |
CY2016Q2 | us-gaap |
Postconfirmation Current Assets
PostconfirmationCurrentAssets
|
12352005 | |
CY2016Q2 | us-gaap |
Postconfirmation Goodwill
PostconfirmationGoodwill
|
2079000 | |
CY2016Q2 | us-gaap |
Postconfirmation Goodwill
PostconfirmationGoodwill
|
2079284 | |
CY2016Q2 | us-gaap |
Postconfirmation Inventories
PostconfirmationInventories
|
56348 | |
CY2016Q2 | us-gaap |
Postconfirmation Liabilities
PostconfirmationLiabilities
|
6161027 | |
CY2016Q2 | us-gaap |
Postconfirmation Liabilities And Stockholders Equity
PostconfirmationLiabilitiesAndStockholdersEquity
|
24049746 | |
CY2016Q2 | us-gaap |
Postconfirmation Liabilities Subject To Compromise
PostconfirmationLiabilitiesSubjectToCompromise
|
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CY2016Q2 | us-gaap |
Postconfirmation Preferred Stock
PostconfirmationPreferredStock
|
3 | |
CY2016Q2 | us-gaap |
Postconfirmation Prepaid And Other Current Assets
PostconfirmationPrepaidAndOtherCurrentAssets
|
595540 | |
CY2016Q2 | us-gaap |
Postconfirmation Property And Equipment Net
PostconfirmationPropertyAndEquipmentNet
|
865716 | |
CY2016Q2 | us-gaap |
Postconfirmation Receivables Net
PostconfirmationReceivablesNet
|
1288445 | |
CY2016Q2 | us-gaap |
Postconfirmation Restricted Cash And Cash Equivalents Current
PostconfirmationRestrictedCashAndCashEquivalentsCurrent
|
53463 | |
CY2016Q2 | us-gaap |
Postconfirmation Retained Earnings Deficit
PostconfirmationRetainedEarningsDeficit
|
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CY2016Q2 | us-gaap |
Postconfirmation Stockholders Equity
PostconfirmationStockholdersEquity
|
17888719 | |
CY2016Q2 | us-gaap |
Preconfirmation Additional Paid In Capital
PreconfirmationAdditionalPaidInCapital
|
126011808 | |
CY2016Q2 | us-gaap |
Preconfirmation Amortizable Intangible Assets Net
PreconfirmationAmortizableIntangibleAssetsNet
|
2406457 | |
CY2016Q2 | us-gaap |
Preconfirmation Assets
PreconfirmationAssets
|
8943472 | |
CY2016Q2 | us-gaap |
Preconfirmation Cash And Cash Equivalents
PreconfirmationCashAndCashEquivalents
|
3305709 | |
CY2016Q2 | us-gaap |
Preconfirmation Common Stock
PreconfirmationCommonStock
|
12477 | |
CY2016Q2 | us-gaap |
Preconfirmation Current Assets
PreconfirmationCurrentAssets
|
5315558 | |
CY2016Q2 | us-gaap |
Preconfirmation Goodwill
PreconfirmationGoodwill
|
0 | |
CY2016Q2 | us-gaap |
Preconfirmation Inventories
PreconfirmationInventories
|
56348 | |
CY2016Q2 | us-gaap |
Preconfirmation Liabilities
PreconfirmationLiabilities
|
51900824 | |
CY2016Q2 | us-gaap |
Preconfirmation Liabilities And Stockholders Equity
PreconfirmationLiabilitiesAndStockholdersEquity
|
8943472 | |
CY2016Q2 | us-gaap |
Preconfirmation Liabilities Subject To Compromise
PreconfirmationLiabilitiesSubjectToCompromise
|
39089877 | |
CY2016Q2 | us-gaap |
Preconfirmation Preferred Stock
PreconfirmationPreferredStock
|
0 | |
CY2016Q2 | us-gaap |
Preconfirmation Prepaid And Other Current Assets
PreconfirmationPrepaidAndOtherCurrentAssets
|
611593 | |
CY2016Q2 | us-gaap |
Preconfirmation Property And Equipment Net
PreconfirmationPropertyAndEquipmentNet
|
865716 | |
CY2016Q2 | us-gaap |
Preconfirmation Receivables Net
PreconfirmationReceivablesNet
|
1288445 | |
CY2016Q2 | us-gaap |
Preconfirmation Restricted Cash And Cash Equivalents Current
PreconfirmationRestrictedCashAndCashEquivalentsCurrent
|
53463 | |
CY2016Q2 | us-gaap |
Preconfirmation Retained Earnings Deficit
PreconfirmationRetainedEarningsDeficit
|
-169874587 | |
CY2016Q2 | us-gaap |
Preconfirmation Stockholders Equity
PreconfirmationStockholdersEquity
|
-43457352 | |
CY2017Q2 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
29038000 | |
CY2016Q4 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
29038000 | |
CY2017Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2016Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2017Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | |
CY2016Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | |
CY2017Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
29038 | |
CY2016Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
29038 | |
CY2017Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
29038 | |
CY2016Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
29038 | |
CY2017Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
3 | |
CY2016Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
3 | |
CY2017Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
276265 | |
CY2016Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
334437 | |
us-gaap |
Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
|
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CY2016Q2 | us-gaap |
Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
|
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us-gaap |
Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
|
1914 | ||
CY2016Q2 | us-gaap |
Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
|
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CY2017Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
762855 | |
CY2016Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
765717 | |
CY2017Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
307093 | |
CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
486116 | |
CY2016Q2 | us-gaap |
Reorganization Items
ReorganizationItems
|
209402 | |
CY2017Q2 | us-gaap |
Reorganization Items
ReorganizationItems
|
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us-gaap |
Reorganization Items
ReorganizationItems
|
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CY2016Q2 | us-gaap |
Reorganization Value
ReorganizationValue
|
24050000 | |
CY2016Q2 | us-gaap |
Reorganization Value
ReorganizationValue
|
24050000 | |
CY2017Q2 | us-gaap |
Reorganization Value Present Value Of Discounted Cash Flows Of Emerging Entity
ReorganizationValuePresentValueOfDiscountedCashFlowsOfEmergingEntity
|
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CY2016Q2 | us-gaap |
Reorganization Value Present Value Of Discounted Cash Flows Of Emerging Entity
ReorganizationValuePresentValueOfDiscountedCashFlowsOfEmergingEntity
|
1054426 | |
CY2016Q4 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
201200 | |
CY2017Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
309486 | |
CY2016Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
224369 | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
708900 | ||
CY2017Q2 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
50000 | |
CY2016Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
53503 | |
CY2017Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-11300288 | |
CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-5695627 | |
CY2017Q2 | us-gaap |
Revenues
Revenues
|
188600 | |
CY2016Q2 | us-gaap |
Revenues
Revenues
|
134857 | |
us-gaap |
Revenues
Revenues
|
361343 | ||
CY2017Q2 | us-gaap |
Royalty Revenue
RoyaltyRevenue
|
40885 | |
CY2016Q2 | us-gaap |
Royalty Revenue
RoyaltyRevenue
|
25967 | |
us-gaap |
Royalty Revenue
RoyaltyRevenue
|
100546 | ||
CY2017Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
147715 | |
CY2016Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
108890 | |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
260797 | ||
CY2017Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
160681 | |
CY2016Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
237314 | |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
374381 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
27971 | ||
CY2016Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
||
CY2017Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
12163 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
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CY2016 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.83 | ||
CY2016 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.83 | |
us-gaap |
Stock Issued1
StockIssued1
|
|||
CY2016Q2 | us-gaap |
Stock Issued1
StockIssued1
|
217936 | |
CY2017Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6909337 | |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
12486027 | |
CY2017Q2 | us-gaap |
Time Deposits At Carrying Value
TimeDepositsAtCarryingValue
|
50000 | |
us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
|||
CY2016Q2 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" margin: 0pt 51pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; text-decoration: underline;">Use of Estimates</div></div> <div style=" margin: 0pt 15pt 0pt 18pt; text-align: justify; font-family: Times New Roman, Times, serif; font-size: 10pt;">The preparation of financial statements in conformity with U.S. GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. In the accompanying condensed consolidated financial statements, estimates are used for, but <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> limited to, the application of fresh start accounting, stock-based compensation, allowance for inventory obsolescence, allowance for doubtful accounts, valuation of derivative liabilities, contingent liabilities, fair value and depreciable lives of long-lived assets (including property and equipment, intangible assets and goodwill), deferred taxes and associated valuation allowance and the classification of our long-term debt. Actual results could differ from those estimates.</div></div></div></div></div></div></div></div></div> | ||
CY2017Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
9927112 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
9927112 | ||
CY2016Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
9793630 | |
CY2017Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9927112 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9927112 | ||
CY2016Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9793630 |