XML 35 R25.htm IDEA: XBRL DOCUMENT v3.7.0.1

Stockholders' Equity (Tables)

3 Months Ended

5 Months Ended

Mar. 31, 2017

Dec. 31, 2016

Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]

Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]

Restricted stock award activity for the period from July 22, 2016 (Inception) to March 31, 2017, including the reevaluation of the shares estimated to be release, was as follows:

		Shares			Shares Remeasured			Weighted- Average Price
Stock awards granted at Inception			12,209,677						0.20
Granted October 13, 2016			62,041						0.70
Granted October 16, 2016			245,434						0.70
Remeasurement at November 4, 2016			-			5,837,788	*		0.43
Vested			-						-
Reevaluation of shares expected to be released as of March 31, 2017			-			1,007,633			0.06
			-
Unvested at March 31, 2017			12,517,152						0.47
Expected to vest after March 31, 2017			12,517,152						0

* The number of shares Remeasured as of November 4, 2016 reflect the effect of the Monte Carlo simulation determination of the estimated number of shares expected to be released from the performance condition escrow. This estimate will be reevaluated at each quarter end until the final outcome of the performance condition is satisfied on December 31, 2017.

Restricted stock award activity for the period from July 22, 2016 (Inception) to December 31, 2016 was as follows: 

								Weighted-
					Shares			Average
		Shares			Remeasured			Price
Stock awards granted at Inception			12,209,677						0.20
Granted October 13, 2016			62,041						0.70
Granted October 16, 2016			245,434						0.70
Remeasurement at November 4, 2016			-			5,837,788	*		0.43
Vested			-						-
Forfeited			-						-
			-
Unvested at December 31, 2016			12,517,152						0.41
Expected to vest after December 31, 2016			12,517,152						0

* The number of shares Remeasured as of November 4, 2016 reflect the effect of the Monte Carlo simulation determination of the estimated number of shares expected to be released from the performance condition escrow. This estimate will be reevaluated at each quarter end until the final outcome of the performance condition is satisfied on December 31, 2017.

Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]

The fair value of stock options granted during the three months ended March 31, 2017 were estimated with the following assumptions:

Expected life		6.0 years
Risk-free interest rate		2.13	%
Expected annual volatility		114.20	%
Dividend yield		0.00	%

The fair value of stock options granted during 2016 were estimated with the following assumptions:

		2016
Expected life			6.0 years
Risk-free interest rate			2.17	%
Expected annual volatility			113.79	%
Dividend yield			0.00	%

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

For the three months ended March 31, 2017 option activity was as follows:

		Number of Shares			Weighted Average Exercise Price			Weighted Average Remaining Contractual Life (in years)			Average Intrinsic Value
Outstanding at January 1, 2017			275,137			0.48			5.15
									.
Granted			664,000			1.17			9.88
Exercised			-			-
Forfeited			-			-
Outstanding at March 31, 2017			939,137			0.97			8.41			253,000
Vested and expected to vest at March 31. 2017			939,137			0.97			8.41			253,000
Exercisable at March 31, 2017			175,000			0.17			2.12			187,000

For the period from July 22, 2016 (Inception) to December 31, 2016 option activity was as follows:

								Weighted
								Average
					Weighted			Remaining			Average
		Number of			Average			Contractual			Intrinsic
		Shares			Exercise Price			Life (in years)			Value
Outstanding at July 22, 2016 (Inception)			-			-			-
Assumed through Recapitalization			175,000			0.17			2.38
Granted			100,137			1.02			9.99
Exercised			-			-
Forfeited			-			-
Outstanding at December 31, 2016			275,137			0.48			5.15			157,000
Vested and expected to vest at December 31, 2016			275,137			0.48			5.15			157,000
Exercisable at December 31, 2016			175,000			0.17			2.38			154,000

Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value [Table Text Block]

The following table summarizes certain information about stock options for the three months ended March 31, 2017:

 

Weighted average grant-date fair value for options granted during the year		$	1.01
Vested options in-the-money at March 31, 2017			175,000
Aggregate intrinsic value of options exercised during the year		$	-

The following table summarizes certain information about stock options:

		2016
Weighted average grant-date fair value for options granted during the year		$	0.88
Vested options in-the-money at December 31, 2016			175,000
Aggregate intrinsic value of options exercised during the year		$	-

Common Stock Shares Reserved For Future Issuance [Table Text Block]

The following table summarizes the common shares reserved for future issuance under the Plan:

Stock options outstanding			764,137
Stock options available for future grant			906,730
			1,670,867

The following table summarizes the common shares reserved for future issuance under the Plan:

Stock options outstanding			100,137
Stock options available for future grant			1,570,730
			1,670,867

Schedule of Other Share-based Compensation, Activity [Table Text Block]

The following table summarizes the activity in Channel Partner Warrants during the three months ended March 31, 2017:

		Number of Shares			Weighted Average Exercise Price			Weighted Average Remaining Contractual Life (in years)			Average Intrinsic Value
Outstanding at January 1, 2017			350,000			1.05			4.75
Granted			1,280,000			1.11			4.82
Exercised			-			-
Forfeited			-			-
Outstanding at March 31, 2017			1,630,000			1.10			4.79			-
Vested and expected to vest at March 31, 2017			1,100,000			1.10			4.79			-
Exercisable at March 31, 2017			-			-			-			-

								Weighted
								Average
					Weighted			Remaining			Average
		Number of			Average			Contractual			Intrinsic
		Shares			Exercise Price			Life (in years)			Value
Outstanding at July 22, 2016 (Inception)			-			-			-
Granted			350,000			1.05			4.98
Exercised			-			-
Forfeited			-			-
Outstanding at December 31, 2016			350,000			1.05			4.98			-
Vested and expected to vest at December 31, 2016			239,000			1.05			4.98			-
Exercisable at December 31, 2016			-			-			-			-

Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Table Text Block]

The impact on our results of operations of recording stock-based compensation expense for the three months ended March 31, 2017 was as follows:

		Restricted						Channel			Common
		Stock at			Stock			Partner			Stock to
		Inception			Options			Warrants			be Issued			Total
Research and development			-			-			-			-			-
General and administrative			270,653			15,496			-			-			286,149
			270,653			15,496			-			-			286,149

The impact on our results of operations of recording stock-based compensation expense was as follows:

		Restricted						Channel			Common
		Stock at			Stock			Partner			Stock to
		Inception			Options			Warrants			be Issued			Total
Research and development			67,842			-			-			-			67,842
General and administrative			1,026,135			5,542			-			6,250			1,037,927
			1,093,977			5,542			-			6,250			1,105,769

Schedule Of Capitalized Website Development Costs [Table Text Block]

 

		Restricted
		Stock
Capitalized website development costs			139,375

X

- Definition

The tabular disclosure of total common stock shares reserved for future issuance.

+ References

No definition available.

+ Details

Name:	mven_CommonStockSharesReservedForFutureIssuanceTableTextBlock
Namespace Prefix:	mven_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of capitalized website development costs.

+ References

No definition available.

+ Details

Name:	mven_ScheduleOfCapitalizedWebsiteDevelopmentCostsTableTextBlock
Namespace Prefix:	mven_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amount of total share-based compensation cost, including the amounts attributable to each share-based compensation plan and any related tax benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the changes in other outstanding share-based compensation awards other than stock options or nonvested awards.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(2)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfOtherShareBasedCompensationActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the total intrinsic value of options exercised (or share units converted), share-based liabilities paid, and the total fair value of shares vested during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)(2)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of employee stock purchase plans, including, but not limited to: (a) expected term, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardEmployeeStockPurchasePlanValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration