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Common Shares (Tables)
6 Months Ended
Jun. 30, 2018
Capital Stock [Abstract]  
Summary of Warrant Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

Weighted

 

 

 

 

 

 

 

 

average

 

average

 

 

 

 

 

 

Warrants

 

exercise price

 

remaining life

 

 

 

 

 

    

outstanding

    

per share

    

(yrs.)

    

Intrinsic value

  

As of December 31, 2017

 

6,514,625

 

$

1.92

 

1.6

 

$

 —

 

As of June 30, 2018

 

6,514,625

 

$

1.92

 

1.1

 

$

 —

 

 

Summary of Stock-based Compensation Expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 

 

Six Months Ended June 30, 

 

 

    

2018

    

2017

    

2018

    

2017

    

Stock options

 

$

54

 

$

12

 

$

200

 

$

24

 

Restricted stock units

 

 

192

 

 

169

 

 

384

 

 

403

 

 

 

$

246

 

$

181

 

$

584

 

$

427

 

 

Summary of Option Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average

 

Weighted average

 

Aggregate

 

 

 

Number of

 

exercise price

 

remaining

 

intrinsic

 

 

    

options

    

per option

    

contractual term

    

value

 

Outstanding - December 31, 2017

 

1,144,500

    

$

0.42

 

1.15

 

$

346

 

Granted

 

820,000

 

 

0.75

 

 

 

 

 

 

Exercised

 

(30,000)

 

 

0.36

 

 

 

 

 

 

Outstanding - June 30, 2018

 

1,934,500

 

$

0.56

 

2.36

 

$

327

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable - June 30, 2018

 

1,134,912

 

$

0.51

 

1.64

 

$

246

 

 

Summary of the Status of Unvested Stock Options

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

Weighted

 

average

 

 

 

 

 

average

 

remaining

 

 

 

 

 

grant-date

 

amortization

 

 

 

Number of

 

fair value

 

period

 

 

    

options

    

per option

    

(Years)

  

Unvested - December 31, 2017

 

246,250

 

$

0.22

 

0.99

 

Granted

 

820,000

 

 

0.48

 

 

 

Vested

 

(266,662)

 

 

0.48

 

 

 

Unvested - June 30, 2018

 

799,588

 

$

0.40

 

1.20

 

 

Summary of Stock Option Assumptions

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

    

Expected volatility

 

77.1

%

 

Risk-free interest rate

 

2.6

%

 

Expected life (years)

 

 5

 

 

Dividend yield

 

 —

 

 

Forfeiture assumption

 

 —

%

 

 

Summary of Restricted Stock Units Activity

 

 

 

 

 

 

 

 

 

 

 

Weighted average

 

 

 

Number

 

grant-date fair

 

 

    

of units

    

value per unit

 

Unvested - December 31, 2017

 

1,567,907

    

$

0.85

  

Cancelled/forfeited

 

(101,392)

 

 

0.98

 

Vested, net of shares withheld

 

(127,942)

 

 

0.97

 

Granted

 

319,000

 

 

0.75

 

Unvested - June 30, 2018

 

1,657,573

 

$

0.81