Quarterly report pursuant to Section 13 or 15(d)

Loans Receivable (Tables)

v3.7.0.1
Loans Receivable (Tables)
6 Months Ended
Jun. 30, 2017
Loans Receivable [Abstract]  
Schedule of loans receivable

    March 31,     December 31,  
    2017     2016  
Loans to employees, net of reserves of $891 and $891, respectively, due December 2017   $ 37     $ 37  
Loan to third party, due December 2017     385       345  
Loans receivable   $ 422     $ 382  
Schedule of fair value derivative asset factors, assumptions and methodologies
    June 30,
2017
 
Principal amount and guaranteed interest   $ 2,009  
         
Conversion price per share      *  
Conversion trigger price per share      None  
Risk free rate     1.02 %
Life of conversion feature (in years)     0.82  
Volatility     136 %

 

* The conversion price per share is equal to 75% of the lowest VWAP during the fifteen trading days immediately prior to the conversion date.