Debt - Additional Information (Details) (USD $)
|
9 Months Ended | 9 Months Ended | 1 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | |||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sep. 30, 2014
|
Dec. 31, 2013
|
Sep. 30, 2013
|
Dec. 31, 2012
|
Sep. 30, 2014
Magna
|
Sep. 30, 2014
Magna
Common Stock
|
Sep. 30, 2014
G E Secured Lending Facility
|
Dec. 31, 2013
G E Secured Lending Facility
|
Dec. 31, 2012
G E Secured Lending Facility
|
Sep. 30, 2014
G E Secured Lending Facility
Revolving Credit Facility
|
Dec. 31, 2013
G E Secured Lending Facility
Revolving Credit Facility
|
Dec. 31, 2012
G E Secured Lending Facility
Revolving Credit Facility
|
Jan. 31, 2014
G E Secured Lending Facility
Long-term Debt
|
Sep. 30, 2014
G E Secured Lending Facility
Long-term Debt
|
Dec. 31, 2012
G E Secured Lending Facility
Long-term Debt
|
Sep. 30, 2014
Hercules Term Loan
|
Sep. 30, 2013
Hercules Term Loan
|
Sep. 30, 2014
Hercules Term Loan
Prime rate plus
|
Sep. 30, 2014
Hercules Term Loan
Maximum
Installment
|
Sep. 30, 2014
Hercules Term Loan
Minimum
Installment
|
Sep. 30, 2014
Hercules Term Loan
Scenario, Forecast
|
Sep. 30, 2014
Hercules Term Loan
Thereafter August 15, 2014
Minimum
|
Sep. 30, 2014
Hercules Term Loan
Hercules Warrant
|
Sep. 30, 2014
Hercules Term Loan
Hercules Warrant
Scenario Forecast One
|
Sep. 30, 2014
Hercules Term Loan
Estimate of Fair Value Measurement
Hercules Warrant
|
Sep. 30, 2014
Conversion Feature of Note
|
Sep. 30, 2014
Conversion Feature of Note
Portion at Fair Value Measurement
|
Sep. 30, 2014
Conversion Feature of Note
Portion at Fair Value Measurement
Embedded Derivative
Fair Value, Measurements, Recurring
|
Sep. 30, 2014
Magna Additional Convertible Notes
|
Sep. 30, 2014
Magna Convertible Notes
|
Sep. 30, 2014
Magna Convertible Notes
Maximum
|
Sep. 30, 2014
Magna Convertible Notes
Prior to July 30, 2014
|
Sep. 30, 2014
Magna Convertible Notes
On or prior to the earlier of October 13, 2014
|
Sep. 30, 2014
Magna Convertible Notes
Magna Warrant
|
Sep. 30, 2014
Magna Convertible Notes
Estimate of Fair Value Measurement
Magna Warrant
|
|
Debt Instrument [Line Items] | |||||||||||||||||||||||||||||||||||
Senior secured credit facility, maximum borrowing capacity | $ 21,500,000 | $ 3,500,000 | |||||||||||||||||||||||||||||||||
Original principal amount | 26,000,000 | 18,000,000 | 18,000,000 | 18,000,000 | 20,000,000 | 2,900,000 | 3,500,000 | 6,000,000 | |||||||||||||||||||||||||||
Debt and line of credit maturity date | May 31, 2016 | Jan. 01, 2018 | Aug. 11, 2016 | Jun. 30, 2016 | |||||||||||||||||||||||||||||||
Term loan, payment terms | The term loan included interest only payments for a period of 12 months, followed by monthly principal payments of approximately $600,000 for a period of 30 months, which the Company commenced paying in January 2014. | Interest accrues from the closing date of the loan and interest payments are due monthly. Principal payments are required commencing August 1, 2015 and are to be made in 30 equal installments of approximately $700,000, with the remainder due at maturity. If, however, the Company meets certain revenue conditions, the interest only period may be extended through February 1, 2016, reducing the number of required principal payments to 24 equal installments. Additionally, under certain circumstances the Company may, or Hercules Technology may, require that $1.5 million of the principal be paid in the form of shares of common stock at a fixed conversion price of $5.72 per share. | |||||||||||||||||||||||||||||||||
Frequency for interest payments | 12 months | ||||||||||||||||||||||||||||||||||
Frequency for principal payments | 30 months | ||||||||||||||||||||||||||||||||||
Debt instruments, date of first required payment | Jan. 31, 2014 | ||||||||||||||||||||||||||||||||||
Debt instrument, periodic principal payment | 600,000 | 700,000 | |||||||||||||||||||||||||||||||||
Debt instrument, fixed rate | 7.50% | 10.95% | 6.00% | ||||||||||||||||||||||||||||||||
Revolving line of credit | 0 | 0 | |||||||||||||||||||||||||||||||||
Final payment fee for debt | 720,000 | 1,500,000 | |||||||||||||||||||||||||||||||||
Annual management fee | 15,000 | ||||||||||||||||||||||||||||||||||
Debt instrument, frequency of fee | annual management fee of $15,000 per year | ||||||||||||||||||||||||||||||||||
Long-term debt outstanding including unamortized discount | 14,400,000 | 150,000 | 250,000 | ||||||||||||||||||||||||||||||||
Long-term debt outstanding | 18,984,000 | 17,925,000 | 14,300,000 | ||||||||||||||||||||||||||||||||
Deferred financing cost | 1,100,000 | 1,100,000 | |||||||||||||||||||||||||||||||||
Repayment of term loan | 15,300,000 | ||||||||||||||||||||||||||||||||||
Loss on extinguishment of debt | (1,596,000) | 1,600,000 | |||||||||||||||||||||||||||||||||
Debt instrument purchase price | 2,500,000 | 3,500,000 | |||||||||||||||||||||||||||||||||
Term loan fee amount | 200,000 | ||||||||||||||||||||||||||||||||||
Debt description | The Hercules Term Loan also includes a non-refundable final payment fee of $1.5 million. The final payment fee is being accrued and recorded to interest expense over the life of the loan. In addition, the Company issued a warrant to Hercules Technology (“Hercules Warrant”) to purchase 516,129 shares of the Company’s common stock at an initial exercise price of $4.65, subject to adjustment. | ||||||||||||||||||||||||||||||||||
Warrants issued | 516,129 | 568,889 | |||||||||||||||||||||||||||||||||
Initial exercisable price | $ 4.65 | $ 4.65 | |||||||||||||||||||||||||||||||||
Estimated fair value | 900,000 | 290,000 | |||||||||||||||||||||||||||||||||
Warrant expires date | Jun. 30, 2019 | ||||||||||||||||||||||||||||||||||
Termination fee | 1,200,000 | ||||||||||||||||||||||||||||||||||
Debt instrument, variable interest rate | 7.70% | ||||||||||||||||||||||||||||||||||
Debt instrument, interest rate description | The Hercules Term Loan bears interest at the rate of the greater of either (i) the prime rate plus 7.7%, and (ii) 10.95%. | The Initial Convertible Note and the Additional Convertible Note mature on June 30, 2016 and August 11, 2016, respectively, (subject to extension by the holder) and accrue interest at an annual rate of 6.0%. | |||||||||||||||||||||||||||||||||
Number of installments for principal payments | 30 | 24 | |||||||||||||||||||||||||||||||||
Conversion of stock, amount issued | 1,500,000 | ||||||||||||||||||||||||||||||||||
Common stock at a fixed conversion price | $ 5.72 | $ 3.75 | |||||||||||||||||||||||||||||||||
Debt instrument, covenant description | The Hercules Term Loan contains certain covenants related to restrictions on payments to certain Company affiliates, financial reporting requirements and a minimum liquidity covenant that requires the Company to maintain cash and cash equivalents of not less than $9.0 million. | ||||||||||||||||||||||||||||||||||
Debt instrument, covenant compliance | Although the Company was in compliance with the liquidity covenant at September 30, 2014, the Company anticipates that it will be non-compliant with the liquidity covenant during the fourth quarter of 2014 if additional financing is not obtained, and has therefore classified the entire obligation as a current liability. | ||||||||||||||||||||||||||||||||||
Cash and cash equivalents | 10,360,000 | 2,279,000 | 7,562,000 | 2,741,000 | 9,000,000 | ||||||||||||||||||||||||||||||
Common stock shares issued as a commitment fee | 12,878,681 | 597,675 | 50,853 | ||||||||||||||||||||||||||||||||
Estimated fair value of the common stock shares | 229,000 | ||||||||||||||||||||||||||||||||||
Closing sale price of the common stock, percentage | 110.00% | ||||||||||||||||||||||||||||||||||
Common stock at a fixed conversion price | $ 4.13 | ||||||||||||||||||||||||||||||||||
Debt instrument, convertible, threshold consecutive trading days | 2 days | ||||||||||||||||||||||||||||||||||
Debt Instrument convertible notes premium | 127.50% | ||||||||||||||||||||||||||||||||||
Days of redeemable interest remaining convertible notes | 60 days | ||||||||||||||||||||||||||||||||||
Percentage of volume weighted average price | 80.00% | ||||||||||||||||||||||||||||||||||
Debt instrument, convertible, number of threshold consecutive trading days | 5 | ||||||||||||||||||||||||||||||||||
Derivative liabilities | $ 2,045,000 | $ 210,000 | $ 1,100,000 | $ 848,000 |