XML 69 R17.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Issuance of Common Stock | 12 Months Ended
--- | ---
Dec. 31, 2017
Equity [Abstract] |
Issuance of Common Stock | 11. ISSUANCE OF COMMON STOCK On February 24, 2016, the Company entered into a stock repurchase agreement with two former directors, who were also members of management (the “Former Executives”) for the repurchase of all 979,114 shares owned by the Former Executives of the Company’s common stock for $1,096,608. The transaction was finalized on March 4, 2016. On June 15, 2016, the Company completed a public offering of 1,200,000 shares of its common stock and five-year warrants to purchase 600,000 shares with an exercise price of $2.20 per share, at a combined public offering of $1.75 per share and half-warrant. Net proceeds to the Company from this offering were approximately $1,902,000 after deducting underwriting discounts and commissions paid by the Company. Direct offering costs totaling approximately $124,000 were recorded as a reduction to the net proceeds on the consolidated statement of stockholders’ equity. As part of the offering, there was an overallotment option for the underwriters to purchase up to 180,000 shares of common stock at a purchase price of $1.63 per share. Through December 31, 2017, certain warrant holders exercised their right to purchase 216,500 shares of our common stock which resulted in net proceeds of approximately $476,000. On August 4, 2017, the Company completed a public offering of 4,168,750 shares of its common stock, offered to the public at $2.25 per share. Net proceeds to the Company from this offering were approximately $8,670,000 after deducting underwriting discounts and commissions paid by the Company. Direct offering costs totaling approximately $157,000 were recorded as a reduction to the net proceeds on the consolidated statement of stockholders’ equity.

X
- Definition Issuance of Common Stock [Text Block] + References No definition available. + Details
Name: | IDN_IssuanceOfCommonStockTextBlock
Namespace Prefix: | IDN_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration