Identiv (INVE) 10-K 31 Mar 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 06, 2016	Jun. 30, 2015
Document Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Trading Symbol	INVE
Entity Registrant Name	Identiv, Inc.
Entity Central Index Key	1,036,044
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		10,746,911
Entity Public Float			$ 57,815,133

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash	$ 16,667	$ 36,547
Accounts receivable, net of allowances of $346 and $156 as of December 31, 2015 and 2014, respectively	7,915	13,612
Inventories	14,726	9,254
Prepaid expenses	841	1,002
Other current assets	1,125	1,200
Total current assets	41,274	61,615
Property and equipment, net	4,218	5,311
Goodwill		8,853
Intangible assets, net	7,275	8,730
Other assets	1,129	1,371
Total assets	53,896	85,880
Current liabilities:
Accounts payable	6,280	8,372
Earn-out liability		3,510
Current portion - payment obligation	681	635
Deferred revenue	1,515	508
Accrued compensation and related benefits	1,905	2,139
Other accrued expenses and liabilities	5,835	4,471
Total current liabilities	16,216	19,635
Long-term payment obligation	4,878	5,545
Long-term financial liabilities	18,104	13,938
Other long-term liabilities	508	630
Total liabilities	$ 39,706	$ 39,748
Commitments and contingencies (see Note 14)
Identiv, Inc. stockholders' equity:
Preferred stock, $0.001 par value: 10,000 shares authorized; none issued and outstanding
Common stock, $0.001 par value: 130,000 shares authorized; 11,365 and 10,884 shares issued and 10,747 and 10,640 outstanding as of December 31, 2015 and 2014, respectively	$ 11	$ 11
Additional paid-in capital	396,407	389,401
Treasury stock, 618 and 244 shares as of December 31, 2015 and 2014, respectively	(6,487)	(4,572)
Accumulated deficit	(377,814)	(338,670)
Accumulated other comprehensive income	2,229	1,699
Total Identiv, Inc. stockholders' equity	14,346	47,869
Noncontrolling interest	(156)	(1,737)
Total stockholders´ equity	14,190	46,132
Total liabilities and stockholders´equity	$ 53,896	$ 85,880

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Statement Of Financial Position [Abstract]
Accounts receivable, allowances	$ 346	$ 156
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	130,000,000	130,000,000
Common stock, shares issued	11,365,000	10,884,000
Common stock, shares outstanding	10,747,000	10,640,000
Treasury stock, shares	618,000	244,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Statement [Abstract]
Net revenue	$ 60,794	$ 81,249
Cost of revenue	37,645	47,793
Gross profit	23,149	33,456
Operating expenses:
Research and development	9,151	6,902
Selling and marketing	20,236	20,635
General and administrative	19,604	12,751
Earn-out consideration		3,510
Impairment of goodwill	8,771
Restructuring and severance	1,266	3,098
Total operating expenses	59,028	46,896
Loss from operations	(35,879)	(13,440)
Non-operating income (expense):
Interest expense, net	(1,908)	(3,619)
Foreign currency losses, net	(1,211)	(1,270)
Loss from continuing operations before income taxes and noncontrolling interest	(38,998)	(18,329)
Income tax provision	(222)	(95)
Loss from continuing operations before noncontrolling interest	(39,220)	(18,424)
Income from discontinued operations, net of income taxes		521
Consolidated net loss	(39,220)	(17,903)
Less: Loss attributable to noncontrolling interest	76	109
Net loss attributable to Identiv, Inc. common stockholders	$ (39,144)	$ (17,794)
Basic and diluted net income (loss) per share attributable to Identiv, Inc. common stockholders:
Loss from continuing operations	$ (3.62)	$ (2.12)
Income from discontinued operations		0.06
Net loss	$ (3.62)	$ (2.06)
Weighted average shares used to compute basic and diluted loss per share	10,812	8,648

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Statement Of Income And Comprehensive Income [Abstract]
Consolidated net loss	$ (39,220)	$ (17,903)
Other comprehensive income (loss), net of income taxes:
Foreign currency translation adjustment	971	594
Foreign currency translation reclassified into net loss upon acquisition of noncontrolling interest	(444)
Total other comprehensive income, net of income taxes	527	594
Consolidated comprehensive loss	(38,693)	(17,309)
Less: Comprehensive loss (income) attributable to noncontrolling interest	79	(13)
Comprehensive loss attributable to Identiv, Inc. common stockholders	$ (38,614)	$ (17,322)

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Treasury Stock	Accumulated Deficit	Accumulated Other Comprehensive Income	Noncontrolling Interest
Beginning Balances at Dec. 31, 2013	$ 24,744	$ 8	$ 348,912	$ (2,777)	$ (320,876)	$ 1,227	$ (1,750)
Beginning Balances (in shares) at Dec. 31, 2013		7,445
Net loss	(17,903)				(17,794)		(109)
Other comprehensive income	594					472	122
Issuance of common stock in connection with equity offerings, net of issuance costs	35,755	$ 3	35,752
Issuance of common stock in connection with capital raise and equity offerings, net of issuance costs (in shares)		2,803
Issuance of common stock in connection with ESPP	35		35
Issuance of common stock in connection with ESPP (in shares)		7
Issuance of common stock in connection with stock bonus and incentive plans	428		428
Issuance of common stock in connection with stock bonus and incentive plans (in shares)		42
Stock option grants in connection with stock bonus and incentive plans	68		68
Issuance of common stock in connection with exercise of options and warrants	869		869
Issuance of common stock in connection with exercise of options and warrants (in shares)		520
Stock-based compensation expense	1,877		1,877
Stock-based compensation expense (in shares)		5
Modification of equity awards	350		350
Issuance of warrants	1,110		1,110
Repurchase of common stock	(1,795)			(1,795)
Repurchase of common stock (in shares)		(182)
Ending Balances at Dec. 31, 2014	$ 46,132	$ 11	389,401	(4,572)	(338,670)	1,699	(1,737)
Ending Balances (in shares) at Dec. 31, 2014	10,640	10,640
Net loss	$ (39,220)				(39,144)		(76)
Other comprehensive income	971					974	(3)
Issuance of common stock in connection with settlement of earn-out	3,510		3,510
Issuance of common stock in connection with settlement of earn-out (in shares)		326
Issuance of common stock to acquire share of noncontrolling interest			(1,216)			(444)	1,660
Issuance of common stock to acquire share of noncontrolling interest (in shares)		95
Issuance of common stock in connection with exercise of options and warrants	46		46
Issuance of common stock in connection with exercise of options and warrants (in shares)		60
Stock-based compensation expense	4,666		4,666
Repurchase of common stock	(1,915)			(1,915)
Repurchase of common stock (in shares)		(374)
Ending Balances at Dec. 31, 2015	$ 14,190	$ 11	$ 396,407	$ (6,487)	$ (377,814)	$ 2,229	$ (156)
Ending Balances (in shares) at Dec. 31, 2015	10,747	10,747

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net loss	$ (39,220)	$ (17,903)
Adjustments to reconcile net loss to net cash used in operating activities:
Gain on sale of discontinued operations		(459)
Earn-out consideration		3,510
Depreciation and amortization	3,148	3,015
Impairment of goodwill and long-lived assets	8,771
Accretion of interest to payment obligation	536	432
Amortization of debt issuance costs	408	2,099
Stock-based compensation expense	4,667	2,163
Modification of equity awards		350
Loss on disposal of fixed assets	17	7
Changes in operating assets and liabilities:
Accounts receivable	5,450	(1,472)
Inventories	(5,858)	(710)
Prepaid expenses and other assets	196	(168)
Accounts payable	(1,890)	115
Payment obligation liability	(1,157)	(973)
Deferred revenue	1,009	(199)
Accrued expenses and other liabilities	920	(1,540)
Net cash used in operating activities	(23,003)	(11,733)
Cash flows from investing activities:
Capital expenditures	(341)	(1,311)
Proceeds (net cash disposed of) related to sale of businesses		1,395
Net cash provided by (used in) investing activities	(341)	84
Cash flows from financing activities:
Proceeds from issuance of debt	4,000	16,000
Payment of debt issue costs		(601)
Proceeds from capital raise, net of issuance costs		35,755
Proceeds from issuance of common stock under employee stock purchase plan and option and warrant exercises	46	904
Payments on financial liabilities		(8,354)
Repurchase of common stock	(1,915)	(1,795)
Net cash provided by financing activities	2,131	41,909
Effect of exchange rates on cash	1,333	1,176
Net (decrease) increase in cash	(19,880)	31,436
Cash of continuing operations, at beginning of period	36,547	5,095
Add: Cash of discontinued operations, at beginning of period		16
Cash of continuing operations, at end of period	16,667	36,547
Supplemental disclosures of cash flow information:
Cash paid for interest	1,364	1,528
Cash paid for income taxes	135	353
Non-cash investing and financing activities:
Common stock issued to settle earn-out obligation	3,510
Common stock issued to acquire share of noncontrolling interest	1,216
Common stock issued in connection with stock bonus and incentive plans		428
Stock option grants issued in connection with stock bonus and incentive plans		68
Property and equipment included in accrued expenses and other liabilities	$ 333	$ 30

Organization and Summary of Sig

Organization and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Organization and Summary of Significant Accounting Policies	1. Organization and Summary of Significant Accounting Policies Identiv, Inc. (“Identiv” or the “Company,”) is a global security technology company that secures data, physical places and things. The Company’s corporate headquarters are in Fremont, California. The Company maintains research and development facilities in California, and Chennai, India and local operations and sales facilities in Australia, Germany, Hong Kong, Japan, Singapore, and the U.S. The Company was founded in 1990 in Munich, Germany and was incorporated in 1996 under the laws of the State of Delaware. Principles of Consolidation and Basis of Presentation — The accompanying consolidated financial statements include the accounts of the Company and its wholly and majority owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. Reverse Stock Split — On May 22, 2014, the stockholders approved, and the Company filed a certificate of amendment to its Amended and Restated Certificate of Incorporation with the Secretary of the State of Delaware effecting, a one-for-ten reverse split of the Company's common stock, par value $0.001. T he reverse stock split did not change the par value of the Company’s common stock or the number of shares of preferred stock authorized for issuance. Upon the effectiveness of the reverse stock split, the Company’s issued shares of common stock decreased from approximately 80 million to approximately 8 million shares, all with a par value of $0.001. The Company has no outstanding shares of preferred stock. All share, per share and stock option information in the accompanying consolidated financial statements and the notes thereto have been restated for all periods to reflect the reverse stock split . Discontinued Operations — Financial information related to certain divested businesses of the Company is reported as discontinued operations for all periods presented as discussed in Note 2, . Allowance for Doubtful Accounts — The allowance for doubtful accounts is based on the Company’s assessment of the collectibility of customer accounts. The Company regularly reviews its receivables that remain outstanding past their applicable payment terms and establishes allowance and potential write-offs by considering factors such as historical experience, credit quality, age of the accounts receivable balances, and current economic conditions that may affect a customer’s ability to pay. Although the Company expects to collect net amounts due as stated on the consolidated balance sheets, actual collections may differ from these estimated amounts. Inventories — Inventories are stated at the lower of cost, using standard cost, approximating average cost, or FIFO method, as applicable, or market value. Inventory is written down for excess inventory, technical obsolescence and the inability to sell based primarily on historical sales and expectations for future use. The Company operates in an industry characterized by technological change. The planning of production and inventory levels is based on internal forecasts of customer demand, which are highly unpredictable and can fluctuate substantially. Should the demand for the Company’s products prove to be significantly less than anticipated, the ultimate realizable value of the Company’s inventory could be substantially less than amounts in the consolidated balance sheets. Once inventory has been written down below cost, it is not subsequently written up. Property and Equipment — Property and equipment are stated at cost less accumulated depreciation. Depreciation and amortization are computed using the straight-line method over estimated useful lives of three to ten years for furniture, fixture and office equipment, five to seven years for machinery, five years for automobiles and three years for computer software. Leasehold improvements are amortized over the shorter of the lease term or their estimated useful life. Goodwill — Goodwill represents the excess of the purchase price over the fair value of the net tangible and identifiable intangible assets acquired in a business combination. Goodwill is not subject to amortization but is subject to annual assessment for impairment in accordance with ASC Topic 350, (“ASC 350”). The Company evaluates goodwill, at a minimum, on an annual basis and on an interim basis whenever events and changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The Company performs interim goodwill impairment reviews between its annual reviews if certain events and circumstances have occurred, including a deterioration in general economic conditions, an increased competitive environment, a change in management, key personnel, strategy or customers, negative or declining cash flows, or a decline in actual or planned revenue or earnings compared with actual and projected results of relevant prior periods. Impairment of goodwill is tested at the reporting unit level, which is one level below its operating segment. The reporting units are identified in accordance with ASC 350-20-35-33 through 35-46. Prior to testing for goodwill impairment, the Company tests long-lived assets for impairment and adjusts the carrying value of each asset group to its fair value and records the associated impairment charge in its consolidated statements of operations. The Company first assesses qualitative factors to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If, after assessing the totality of events or circumstances, it is determined it is more likely than not that the fair value of a reporting unit is less than its carrying amount, the Company tests for goodwill impairment using a two-step method as required by ASC 350. The first step of the impairment test compares the fair value of the reporting unit to its carrying amount, including goodwill. If the carrying value of the reporting unit exceeds the fair value, goodwill is considered impaired and a second step is performed to measure the amount of the impairment loss, if any. Under this second step, the implied fair value of the goodwill is determined, in the same manner as the amount of goodwill recognized in a business combination, to assess the level of goodwill impairment, if any. The second step of the impairment test compares the implied fair value of goodwill to the carrying value of goodwill. If the carrying value of goodwill exceeds the implied fair value of goodwill, an impairment loss is recognized equal to that excess (i.e., write goodwill down to the implied fair value of goodwill amount). Under the first step of the impairment test, the Company determines the fair value of the reporting units using the income, or discounted cash flows, approach (“DCF model”) and verifies the reasonableness of such fair value calculations of the reporting units using the market approach, which utilizes comparable firms in similar lines of business that are publicly traded or which are part of a public or private transaction. The completion of the DCF model requires the Company to make a number of significant assumptions to produce an estimate of future cash flows. These assumptions include, but are not limited to, projections of future revenue, gross profit rates, working capital requirements, and discount rates. In determining an appropriate discount rate for each reporting unit the Company makes assumptions about the estimated cost of capital and relevant risks, as appropriate. The projections used by the Company in its DCF model are updated as required and will change over time based on the historical performance and changing business conditions for each of the Company’s reporting units. The determination of whether goodwill is impaired involves a significant level of judgment in these assumptions, and changes in the Company’s business strategy, government regulations, or economic or market conditions could significantly impact these judgments. See Note 6, Goodwill and Intangible Assets Intangible and Long-lived Assets — The Company evaluates its long-lived assets and amortizable intangible assets in accordance with ASC Topic 360, (“ASC 360”) The Company evaluates its long-lived assets and identifiable amortizable intangible assets for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets or intangibles may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future net undiscounted cash flows expected to be generated by an asset. If such assets are considered to be impaired (i.e., if the sum of its estimated future undiscounted cash flows used to test for recoverability is less than its carrying value), the impairment loss to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Intangible assets with definite lives are amortized on a straight-line basis over their estimated useful lives of the related assets as the straight-line method is considered to align with expected cash flows. Each period the Company evaluates the estimated remaining useful life of purchased intangible assets and whether events or changes in circumstances warrant a revision to the remaining period of amortization. For intangible assets determined to have an indefinite useful life, no amortization is recognized until the assets´ useful life is determined to be no longer indefinite. As discussed in Note 6, , the Company performed an impairment analysis in the fourth quarter of 2015 and found no indicators of impairment. Product Warranty — The Company accrues the estimated cost of product warranties at the time of sale. The Company’s warranty obligation is affected by actual warranty costs, including material usage or service delivery costs incurred in correcting a product failure. If actual material usage or service delivery costs differ from estimates, revisions to the estimated warranty liability would be required. Historically the warranty accrual and the expense amounts have been immaterial. Revenue Recognition — Revenue is recognized when all of the following criteria have been met: · Persuasive evidence of an arrangement exists. The Company generally relies upon sales contracts or agreements, and customer purchase orders to determine the existence of an arrangement. · Delivery has occurred. The Company uses shipping terms and related documents, or written evidence of customer acceptance, when applicable, to verify delivery or performance. · Sales price is fixed or determinable. The Company assesses whether the sales price is fixed or determinable based on the payment terms and whether the sales price is subject to refund or adjustment. · Collectability is reasonably assured. The Company assesses collectability based on creditworthiness of customers as determined by credit checks and customer payment histories. The Company records accounts receivable net of allowance for doubtful accounts, estimated customer returns, and pricing credits. The Company recognizes revenue in accordance with Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) ASC 605-25, Revenue Recognition – Multiple Element Arrangements Software – Revenue Recognition In multiple-element arrangements, some sales arrangement are accounted for under the software provisions of ASC 985-605 and others under the provisions that relate to the sale of non-software products. In multiple-element arrangements that include hardware, bundled with professional services, maintenance contracts, and in some cases with its software products, he Company evaluates each element, delivered and undelivered, in an arrangement to determine whether it represents a separate unit of accounting. In these multiple element arrangements, revenue is allocated among all elements, delivered and undelivered, a vendor-specific objective evidence (“VSOE”), if available, third-party evidence (“TPE”) if VSOE is not available, or estimated selling price (“ESP”) if neither VSOE nor TPE is available. VSOE of selling price is based on the price charged when the element is sold separately. TPE of selling price is established by evaluating largely interchangeable competitor products or services in stand-alone sales to similarly situated customers. The best estimate of selling price is established considering multiple factors, including pricing practices in different geographies and through different sales channels, gross margin objectives, internal costs, competitor pricing strategies and industry technology lifecycles. Some of the Company’s offerings contain a significant element of proprietary technology and provide substantially unique features and functionality; as a result, the comparable pricing of products with similar functionality typically cannot be obtained. Additionally, as the Company is unable to reliably determine what competitors products’ selling prices are on a stand-alone basis, typically the Company is not able to determine TPE for such products. Therefore ESP is used for such products in the selling price hierarchy for allocating the total arrangement consideration. In multiple-element arrangements that include software, the Company accounts for each element under the standards of ASC 985-605 related to software. When software is a delivered element, the Company uses the residual method (ASC 605-25) for determining the amount of revenue to recognize for the delivered software component if VSOE for all of the undelivered elements has been established. In sales arrangements where VSOE of fair value has not been established, revenue for all elements is deferred and amortized over the life of the arrangement. Revenue from professional services contracts is recognized upon completion of services and customer acceptance, if applicable. Professional services include security system integration, system migration and database conversion services. Revenue from maintenance contracts is deferred and recognized ratably over the period of the maintenance contracts. Certain sales arrangement contains hardware, software and professional service elements where professional services are essential to the functionality of the hardware and software system and a test of the functionality of the complete system is required before the customer accepts the system. As a result, hardware, software and professional service elements are accounted for as one unit of accounting and revenue from these arrangements is recognized upon completion of the project. Research and Development — Costs to research, design, and develop the Company’s products are expensed as incurred and consist primarily of employee compensation and fees for the development of prototype products. Software development costs are capitalized beginning when a product’s technological feasibility has been established and ending when a product is available for general release to customers. Generally, the Company’s products are released soon after technological feasibility has been established. As a result, costs subsequent to achieving technological feasibility have not been significant, and all software development costs generally have been expensed as incurred. The Company capitalizes certain costs for its internal-use software incurred during the application development stage. Costs related to preliminary project activities and post implementation activities are expensed as incurred. Internal-use software is amortized on a straight line basis over its estimated useful life, generally three years. The estimated useful life is determined based on management’s judgment on how long the core technology and functionality serves internal needs and the customer base. Management evaluates the useful lives of these assets on an annual basis and tests for impairment whenever events or changes in circumstances occur that could impact the recoverability of these assets. The Company recorded amortization expense related to software development costs, including amounts written-off related to capitalized costs, in the amount of $0.3 million and $0.1 million for the years ended December 31, 2015 and 2014, respectively. Freight Costs — The Company reflects the cost of shipping its products to customers as a cost of revenue. Reimbursements received from customers for freight costs are recognized as product revenue. Income Taxes — The Company accounts for income taxes in accordance with ASC Topic 740, (“ASC 740”), which requires the asset and liability approach for financial accounting and reporting of income taxes. Deferred income taxes reflect the recognition of future tax consequences of events that have been recognized in the Company’s financial statements or tax returns. The carrying value of net deferred tax assets reflects that the Company has been unable to generate sufficient taxable income in certain tax jurisdictions. A valuation allowance is provided to reduce the deferred tax asset to an amount that is more likely than not to be realized. The deferred tax assets are still available for the Company to use in the future to offset taxable income, which would result in the recognition of a tax benefit and a reduction in the Company’s effective tax rate. Actual operating results and the underlying amount and category of income in future years could render the Company’s current assumptions, judgments and estimates of the realizability of deferred tax assets inaccurate, which could have a material impact on its financial position or results of operations. The Company accounts for uncertain tax positions in accordance with ASC 740, which clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements. It prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. Such changes in recognition or measurement might result in the recognition of a tax benefit or an additional charge to the tax provision in the period. The Company recognizes interest and penalties related to unrecognized tax benefits within the income tax expense line in the accompanying Consolidated Statement of Operations. Accrued interest and penalties are included within the related tax liability line in the Consolidated Balance Sheet. See Note 9, Income Taxes Stock-based Compensation — The Company accounts for all stock-based payment awards, including employee stock options, restricted stock awards, performance share awards, employee stock purchase plan, in accordance with ASC Topic 718, (“ASC 718”). Under the fair value recognition provisions of this topic, stock-based compensation cost is measured at the grant date based on the fair value of the award. Compensation expense for all stock-based payment awards is recognized using the straight-line single-option approach. Employee stock options awards are valued under the single-option approach and amortized on a straight-line basis, net of estimated forfeitures. The value of the portion of the stock options award that is ultimately expected-to-vest is recognized as expense over the requisite service periods in the Company’s consolidated statements of operations. See Note 4 for further information regarding the Company’s stock-based compensation assumptions and expenses. The Company has elected to use the Black-Scholes-Merton (“BSM”) option-pricing model to estimate the fair value of its options, which incorporates various subjective assumptions including volatility, risk-free interest rate, expected life, and dividend yield to calculate the fair value of stock option awards. Since the Company has been publicly traded for many years, it utilizes its own historical volatility in valuing its stock option grants. The expected life of an award is based on historical experience, the terms and conditions of the stock awards granted to employees, as well as the potential effect from options that have not been exercised at the time. The assumptions used in calculating the fair value of stock-based payment awards represent management’s best estimates. These estimates involve inherent uncertainties and the application of management’s judgment. If factors change and the Company uses different assumptions, its stock-based compensation expense could be materially different in the future. In addition, the Company estimates the expected forfeiture rate and recognizes expense only for those awards which are ultimately expected-to-vest shares. If the actual forfeiture rate is materially different from the Company’s estimate, the recorded stock-based compensation expense could be different. ASC 718 requires forfeitures to be estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates. Concentration of Credit Risk — One customer accounted 14% of net revenue for the year ended December 31, 2015, and one customer accounted for 23% of net revenue for the year ended December 31, 2014. No customers accounted for more than 10% of the Company’s accounts receivable balance as of December 31, 2015. Two customers accounted for more than 10% of the Company’s accounts receivable balance at December 31, 2014. The Company does not require collateral or other security to support accounts receivable. To reduce risk, the Company’s management performs ongoing credit evaluations of its customers’ financial condition. The Company maintains allowances for potential credit losses in its consolidated financial statements. Net Loss Per Share — Basic and diluted net loss per share is based upon the weighted average number of common shares outstanding during the period. Diluted net loss per share is based upon the weighted average number of common shares and dilutive-potential common share equivalents outstanding during the period, if applicable. Dilutive-potential common share equivalents are excluded from the computation of net loss per share in the loss periods as their effect would be antidilutive. As the Company has incurred losses from continuing operations during each of the last two fiscal years, shares issuable under stock options are excluded from the computation of diluted net loss per share in the accompanying consolidated statements of operations as their effect is anti-dilutive. Comprehensive Loss — ASU No. 2011-05, (“ASU No. 2001-05”) requires an entity to present the total of comprehensive income, the components of net income, and the components of other comprehensive income either in a single continuous statement of comprehensive income or in two separate but consecutive statements. Comprehensive loss for the years ended December 31, 2015 and 2014 has been disclosed within the consolidated statements of comprehensive loss. Other accumulated comprehensive loss includes net foreign currency translation adjustments which are excluded from consolidated net loss. Foreign Currency Translation and Transactions — The functional currencies of the Company’s foreign subsidiaries are the local currencies, except for the Singapore subsidiary, which uses the U.S. dollar as its functional currency. For those subsidiaries whose functional currency is the local currency, the Company translates assets and liabilities to U.S. dollars using period-end exchange rates and translates revenues and expenses using average exchange rates during the period. Exchange gains and losses arising from translation of foreign entity financial statements are included as a component of other comprehensive loss and gains and losses from transactions denominated in currencies other than the functional currencies of the Company are included in the Company’s consolidated statements of operations. The Company recognized a currency loss of $1.2 million in 2015 and $1.3 million in 2014. Recent Accounting Pronouncements and Accounting Changes In April 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2015-05, “Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement” In April 2015, the FASB issued ASU 2015-03, “Simplifying the Presentation of Debt Issuance Costs” In January 2015, the FASB issued ASU 2015-01, “Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items” In August 2014, the FASB issued ASU No. 2014-15, “Disclosure of Uncertainties About an Entity's Ability to Continue as a Going Concern” In May 2014, the FASB issued ASU No. 2014-09 “ Revenue from Contracts with Customers In August 2015, the FASB issued ASU 2015-14, “Revenue From Contracts With Customers (Topic 606)” (“ASU 2015-14”), which defer the effective date of ASU 2014-09 by one year to annual periods beginning after December 15, 2017, including interim reporting periods within that reporting period. Early adoption is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The new guidance is effective for the Company beginning January 1, 2018 and will provide the Company additional time to evaluate the method and impact that ASU 2014-09 will have on its consolidated financial statements

Discontinued Operations

Discontinued Operations	12 Months Ended
	Dec. 31, 2015
Discontinued Operations And Disposal Groups [Abstract]
Discontinued Operations	2. Discontinued Operations During the fourth quarter of 2013, the Company committed to sell its Rockwest Technology Group, Inc. d/b/a/ Multicard US (“Multicard US”) subsidiary to George Levy, Matt McDaniel and Hugo Garcia (the “Buyers”), the founders and former owners of the Multicard US business. The sale of the Multicard US subsidiary was completed on February 4, 2014 and was made pursuant to a Share Purchase Agreement dated January 21, 2014 between the Company and the Buyers whereby the Company agreed to sell 80.1% of its holdings in Multicard US, to the Buyers for cash consideration of $1.2 million. Based on the carrying value of the assets and the liabilities attributed to Multicard US on the date of sale, and the estimated costs and expenses incurred in connection with the sale, the Company recorded a gain of $0.4 million, net of income taxes of nil, in the consolidated statement of operations in the year ended December 31, 2014, which is included in income (loss) from discontinued operations, net of income taxes. On June 30, 2014, the Company entered into an Asset Purchase Agreement with a former employee to sell certain non-core assets consisting of inventory, some prepaid items, certain fully depreciated office equipment and certain intellectual property (“Non-Core Assets”) relating to one of its subsidiaries for cash consideration of $0.1 million. The sale of these Non-Core Assets was completed on July 7, 2014. In accordance with ASC Topic 205-20, Discontinued Operations The key components of income from discontinued operations consist of the following (in thousands): Years Ended December 31, 2015 2014 Net revenue $ — $ 1,276 Discontinued operations: Income from discontinued operations before income taxes $ — $ 62 Income tax provision — — Income from discontinued operations, net of income taxes — 62 Gain on sale of discontinued operations, net of income taxes of nil — 459 Income from discontinued operations, net of income taxes $ — $ 521

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	3. Fair Value Measurements The Company determines the fair values of its financial instruments based on a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The classification of a financial asset or liability within the hierarchy is based upon the lowest level input that is significant to the fair value measurement. Under ASC Topic 820, Fair Value Measurement and Disclosures · Level 1 – Quoted prices (unadjusted) for identical assets and liabilities in active markets; · Level 2 – Inputs other than quoted prices in active markets for identical assets and liabilities that are observable either directly or indirectly; and · Level 3 – Unobservable inputs. Assets and Liabilities Measured at Fair Value on a Recurring Basis As of December 31, 2015 and 2014, there were no assets that are measured and recognized at fair value on a recurring basis. There were no cash equivalents as of December 31, 2015 and 2014. The Company’s only liability measured at fair value on a recurring basis is the contingent consideration related to the acquisition of idOnDemand, Inc. (“idOnDemand”). The sellers of idOnDemand (the “Selling Shareholders”) are eligible to receive limited earn-out payments (“Earn-out Consideration”) in the form of shares of common stock subject to certain lock-up periods under the terms of the Stock Purchase Agreement dated April 29, 2011 between the Company and the Selling Shareholders of idOnDemand (the “SPA”). The fair value of the Earn-out Consideration is based on achieving certain revenue and profit targets as defined under the SPA. The accrual of the Earn-out Consideration for periods prior to the year ended December 31, 2015 is probability weighted and discounted to reflect the restriction on the resale or transfer of such shares. The valuation of the Earn-out Consideration is classified as a Level 3 measurement as it is based on significant unobservable inputs and involves management judgment and assumptions about achieving revenue and profit targets and discount rates. The unobservable inputs used in the measurement of the Earn-out Consideration are highly sensitive to fluctuations and any changes in the inputs or the probability weighting thereof could significantly change the measured value of the Earn-out Consideration at each reporting period. The number of shares issued to settle the obligation was based on the 30-calendar day average price of the Company’s common stock immediately preceding the settlement date. Thus, in accordance with ASC Distinguishing Liabilities from Equity, As of December 31, 2014, the maximum amount payable for Earn-out Consideration was $5.0 million. For the period ended December 31, 2014, the Company engaged a third party independent valuation firm to assist in the determination of the Earn-out Consideration liability. The Company recorded an earn-out obligation of $3.51 million as of December 31, 2014. The Earn-out Consideration liability of $3.51 million was settled during the quarter ended June 30, 2015 by the issuance of common stock to the Selling Shareholders, including the Company’s former CEO and former CFO. The common stock issued has a lock-up period of 12 months from the date of issuance . Fair Value Measurements (Level 3) (in thousands) Earn-out Liability Balance at January 1, 2014 $ - Remeasurement of obligation 3,510 Balance at December 31, 2014 $ 3,510 Remeasurement of obligation - Issuance of shares to settle earn-out obligation (3,510 ) Balance at December 31, 2015 $ - Assets and Liabilities Measured at Fair Value on a Non-recurring Basis Certain of the Company's assets, including intangible assets, goodwill, and privately-held investments, are measured at fair value on a nonrecurring basis if impairment is indicated. Purchased intangible assets are measured at fair value primarily using discounted cash flow projections. For additional discussion of measurement criteria used in evaluating potential impairment involving goodwill and intangible assets, refer to Note 6, Goodwill and Intangible Assets Privately-held investments, which are normally carried at cost, are measured at fair value due to events and circumstances that the Company identified as significantly impacting the fair value of investments. The Company estimates the fair value of its privately-held investments using an analysis of the financial condition and near-term prospects of the investee, including recent financing activities and the investee's capital structure. As of December 31, 2015 and 2014, the Company had $0.3 million of privately-held investments measured at fair value on a nonrecurring basis which were classified as Level 3 assets due to the absence of quoted market prices and inherent lack of liquidity. The Company reviews its investments to identify and evaluate investments that have an indication of possible impairment. The Company adjusts the carrying value for its privately-held investments for any impairment if the fair value is less than the carrying value of the respective assets on an other-than-temporary basis. The amount of privately-held investments is included in other assets in the accompanying consolidated balance sheets. As of December 31, 2015 and 2014, there were no liabilities that are measured and recognized at fair value on a non-recurring basis. Assets and Liabilities Not Measured at Fair Value The carrying amounts of the Company's accounts receivable, prepaid expenses and other current assets, accounts payable, financial liabilities and other accrued liabilities approximate fair value due to their short maturities.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Stockholders' Equity	4. Stockholders’ Equity Reverse Stock Split On May 22, 2014, the stockholders approved, and the Company filed a certificate of amendment to its Amended and Restated Certificate of Incorporation with the Secretary of the State of Delaware effecting a one-for-ten reverse stock split. The reverse stock split did not change the par value of the Company’s common stock or the number of shares of preferred stock authorized for issuance. Preferred Stock The Company is authorized to issue 10,000,000 shares of preferred stock, 40,000 of which have been designated as Series A Participating Preferred Stock, par value $0.001 per share. No shares of the Company’s preferred stock, including the Series A Participating Preferred Stock, were outstanding as of December 31, 2015 and 2014. The Company’s board of directors may from time to time, without further action by the Company’s stockholders, direct the issuance of shares of preferred stock in series and may, at the time of issuance, determine the rights, preferences and limitations of each series, including voting rights, dividend rights and redemption and liquidation preferences. Satisfaction of any dividend preferences of outstanding shares of preferred stock would reduce the amount of funds available for the payment of dividends on shares of the Company’s common stock. Holders of shares of preferred stock may be entitled to receive a preference payment in the event of any liquidation, dissolution or winding-up of the Company before any payment is made to the holders of shares of the Company’s common stock. Upon the affirmative vote of the Board, without stockholder approval, the Company may issue shares of preferred stock with voting and conversion rights which could adversely affect the holders of shares of its common stock. Private Placement On August 14, 2013, in a private placement, the Company issued 834,847 shares of its common stock at a price of $8.50 per share and warrants to purchase an additional 834,847 shares of its common stock at an exercise price of $10.00 per share (the “2013 Private Placement Warrants”) to accredited and other qualified investors (the “Investors”). Aggregate gross consideration of $7.1 million and $0.8 million in issuance costs were recorded in connection with the private placement. The Company engaged a placement agent in connection with private placement outside the United States. As compensation at closing, the Company paid $0.6 million in cash and issued 100,000 shares of common stock to the placement agent on the same terms as those sold to the Investors in the offering. In addition, the placement agent was issued warrants to purchase 100,000 shares of common stock at an exercise price of $10.00 per share as bonus compensation. Sale of Common Stock On September 16, 2014, the Company entered into an underwritten public offering of 2,000,000 shares of its common stock at a public offering price of $15.00 per share and also granted the underwriter a 30-day option to purchase up to an additional 300,000 shares of common stock to cover overallotments, if any. The Company received net proceeds of approximately $31.6 million from the sale of 2,300,000 shares of common stock in the public offering, after deducting the underwriting discount of $2.5 million and estimated offering expenses of $0.4 million. The Company used the net proceeds from the offering for working capital and other general corporate purposes. Common Stock Warrants In connection with the Company’s entry into a consulting agreement, the Company issued a consultant a warrant to purchase up to 85,000 shares of the Company’s common stock at a per share exercise price of $10.70 (the “Consultant Warrant”). One fourth of the shares under the warrant are exercisable for cash three months from the date the Consultant Warrant was issued and quarterly thereafter. The Consultant Warrant expires on August 13, 2019. In the event of an acquisition of the Company, the Consultant Warrant shall terminate and no longer be exercisable as of the closing of the acquisition. As of December 31, 2015, the Consultant Warrant has not been exercised. In connection with the Company’s entry into a credit agreement with Opus Bank (“Opus”) as discussed in Note 8, Financial Liabilities The Company issued warrants to purchase 409,763 shares of its common stock at an exercise price of $26.50 per share in a private placement to accredited and other qualified investors in November 2010 (the “2010 Private Placement Warrants”). The 2010 Private Placement Warrants are exercisable beginning on the date of issuance and expired on November 14, 2015. Below is a summary of outstanding warrants issued by the Company as of December 31, 2015: Warrant Type Shares Issuable Pursuant to the Exercise of Warrants Weighted Average Exercise Price Issue Date Expiration Date Consultant Warrant 85,000 $ 10.70 August 13, 2014 August 13, 2019 Opus Warrant 100,000 9.90 March 31, 2014 March 31, 2019 2013 Private Placement Warrants 186,878 10.00 August 14, 2013 August 14, 2017 Total 371,878 2011 Employee Stock Purchase Plan In June 2011, the Company’s stockholders approved the 2011 Employee Stock Purchase Plan (the “ESPP”). On December 18, 2013, the Compensation Committee of the Board suspended the ESPP effective January 1, 2014. No additional shares will be authorized and no shares will be issued under the ESPP until further notice. As of December 31, 2015, there were 293,888 shares reserved for future purchase under the ESPP. Since the ESPP was suspended effective January 1, 2014, there was no stock-based compensation expense resulting from the ESPP included in the consolidated statements of operations for the years ended December 31, 2015 and 2014, respectively. Stock-Based Compensation Plans The Company has various stock-based compensation plans to attract, motivate, retain and reward employees, directors and consultants by providing its Board or a committee of the Board the discretion to award equity incentives to these persons. The Company’s stock-based compensation plans consist of the Director Option Plan, 1997 Stock Option Plan, 2000 Stock Option Plan, 2007 Stock Option Plan (the “2007 Plan”), the 2010 Bonus and Incentive Plan (the “2010 Plan”) and the 2011 Incentive Compensation Plan (the “2011 Plan”), as amended. Stock Bonus and Incentive Plans In June 2010, the Company’s stockholders approved the 2010 Plan which granted cash and equity-based awards to executive officers, directors, and other key employees as designated by the Compensation Committee of the Board. An aggregate of 300,000 shares of the Company’s common stock was reserved for issuance under the 2010 Plan as equity-based awards, including shares, nonqualified stock options, restricted stock or deferred stock awards. These awards provide the Company´s executive officers, directors, and key employees with the opportunity to earn shares of common stock depending on the extent to which certain performance goals are met. Since the adoption of the 2011 Plan (described below), the Company utilizes shares from the 2010 Plan only for performance-based awards to Participants and all equity awards granted under the 2010 Plan are issued pursuant to the 2011 Plan. On June 6, 2011, the Company’s stockholders approved the 2011 Plan, which is administered by the Compensation Committee of the Board. The 2011 Plan provides that stock options, stock units, restricted shares, and stock appreciation rights may be granted to executive officers, directors, consultants, and other key employees. The Company reserved 400,000 shares of common stock under the 2011 Plan, plus 459,956 shares of common stock that remained available for delivery under the 2007 Plan and the 2010 Plan as of June 6, 2011. In aggregate, as of June 6, 2011, 859,956 shares were available for future grants under the 2011 Plan, including shares rolled over from 2007 Plan and 2010 Plan. Stock Option Plans The Company’s stock option plans are generally time-based and expire seven to ten years from the date of grant. Vesting varies, with some grants vesting 25% each year over four years; some vesting 25% after one year and monthly thereafter over three years; some vesting 100% on the date of grant; some vesting 1/12 th As of December 31, 2015, an aggregate of 11,509 options were outstanding under the Director Option Plan and 1997 Stock Option Plan, 15,169 options were outstanding under the 2000 Stock Option Plan, 53,560 options were outstanding under the 2007 Plan, and 709,644 options were outstanding under the 2011 Plan. These outstanding options remain exercisable in accordance with the terms of the original grant agreements under the respective plans. A summary of activity for the Company’s stock option plans for the year ended December 31, 2015 follows: Number Outstanding Average Exercise Price per Share Weighted Average Remaining Contractual Term (Years) Average Intrinsic Value Balance at December 31, 2014 897,115 $ 12.09 Granted — — Cancelled or expired (110,131 ) 16.64 Exercised (5,180 ) 8.01 Balance at December 31, 2015 781,804 $ 11.48 6.72 $ - Vested or expected to vest at December 31, 2015 744,258 $ 11.59 6.54 $ - Exercisable at December 31, 2015 495,206 $ 12.88 5.85 $ - The following table summarizes information about options outstanding as of December 31, 2015: Options Outstanding Options Exercisable Range of Exercise Prices Number Outstanding Weighted Average Remaining Contractual Life (Years) Weighted Average Exercise Price Number Exercisable Weighted Average Exercise Price $5.20 - $8.40 158,222 7.59 $ 6.40 100,345 $ 6.64 $8.41 - $8.80 230,688 7.84 8.80 106,382 8.80 $8.81 - $12.00 247,769 6.80 11.21 147,229 11.41 $12.01 - $40.20 140,775 3.39 21.06 136,900 21.24 $40.21 - $43.40 4,350 1.22 43.38 4,350 43.38 $5.20 - $43.40 781,804 6.63 11.48 495,206 12.88 The weighted-average grant date fair value per option for options granted during the years ended December 31, 2015 and 2014 was $0 and $9.71, respectively. A total of 5,180 and 27,733 options were exercised during the years ended December 31, 2015 and 2014, respectively. The fair value of option grants was estimated using the Black-Scholes-Merton model with the following weighted-average assumptions for the years ended December 31: 2015 2014 Risk-free interest rate N/A 1.54 % Expected volatility N/A 88.7 % Expected term in years N/A 4.79 Dividend yield N/A None At December 31, 2015, there was $1.5 million of unrecognized stock-based compensation expense, net of estimated forfeitures related to unvested options, that is expected to be recognized over a weighted-average period of 2.2 years. Restricted Stock and Restricted Stock Units The following is a summary of restricted stock and RSU activity for the year ended December 31, 2015: Number Outstanding Weighted Average Fair Value Weighted Average Remaining Contractual Term (Years) Average Intrinsic Value Balance at December 31, 2014 542,342 $ 13.74 Granted 285,247 12.34 Vested (52,421 ) 14.53 Forfeited (53,250 ) 11.17 Balance at December 31, 2015 721,918 $ 13.32 1.3 $ 1,436,619 The fair value of the Company’s restricted stock awards and RSUs is calculated based upon the fair market value of the Company’s stock at the date of grant. As of December 31, 2015, there was $5.3 million of unrecognized compensation cost related to unvested RSUs granted, which is expected to be recognized over a weighted average period of 2.5 years. As of December 31, 2015, an aggregate of 721,918 RSUs were outstanding under the 2011 Plan. Stock-Based Compensation Expense The following table illustrates all stock-based compensation expense related to the ESPP, stock options and RSUs included in the consolidated statements of operations for the years ended December 31, 2015 and 2014 (in thousands): Year Ended December 31, 2015 2014 Cost of revenue $ 85 $ 36 Research and development 324 142 Selling and marketing 1,085 303 General and administrative 3,022 1,396 Total $ 4,516 $ 1,877 Common Stock Reserved for Future Issuance Common stock reserved for future issuance as of December 31, 2015 was as follows: Exercise of outstanding stock options and vesting of RSUs 1,503,722 ESPP 293,888 Shares of common stock available for grant under the 2011 Plan 218,244 Noncontrolling interest in Bluehill AG 10,355 Warrants to purchase common stock 741,047 Total 2,767,256 Net Loss per Common Share Attributable to Identiv Stockholders’ Equity Basic and diluted net loss per share is based upon the weighted average number of common shares outstanding during the period. For the years ended December 31, 2015 and 2014, common stock equivalents consisting of outstanding stock options, RSUs and warrants were excluded from the calculation of diluted loss per share because these securities were anti-dilutive due to the net loss in the respective periods. The total number of common stock equivalents excluded from diluted loss per share relating to these securities was 2,255,124 common stock equivalents for the year ended December 31, 2015, and 1,354,866 common stock equivalents for the year ended December 31, 2014. Accumulated Other Comprehensive Income Accumulated other comprehensive income (“AOCI”) Stock Repurchases On October 9, 2014, the Company’s Board of Directors authorized a program to repurchase shares of the Company’s common stock. Under the stock repurchase program, the Company may repurchase up to $5.0 million of its common stock over a period of one year. The program allowed stock repurchases from time to time at management’s discretion in the open market or in private transactions at prevailing market prices. The stock repurchase program may be limited or terminated at any time by the Board of Directors without prior notice. During the year ended December 31, 2015, the Company repurchased 358,502 shares of common stock under the stock repurchase program for total consideration of approximately $1.8 million. Additionally, during the year ended December 31, 2015, the Company repurchased 15,143 shares of common stock surrendered to the Company to satisfy tax withholding obligations in connection with the vesting of RSUs issued to employees.

Balance Sheet Components

Balance Sheet Components	12 Months Ended
	Dec. 31, 2015
Statement Of Financial Position [Abstract]
Balance Sheet Components	5. Balance Sheet Components The Company’s inventories are stated at the lower of cost or market. Inventories consist of (in thousands): December 31, 2015 2014 Raw materials $ 5,033 $ 3,272 Work-in-progress 12 571 Finished goods 9,681 5,411 Total $ 14,726 $ 9,254 Property and equipment, net consists of (in thousands): December 31, 2015 2014 Building and leasehold improvements $ 2,670 $ 1,298 Furniture, fixtures and office equipment 2,242 4,236 Plant and machinery 8,858 6,732 Purchased software 2,510 2,520 Total 16,280 14,786 Accumulated depreciation (12,062 ) (9,475 ) Property and equipment, net $ 4,218 $ 5,311 The Company recorded depreciation expense of $1.7 million and $1.6 million during the years ended December 31, 2015 and 2014, respectively. Other accrued expenses and liabilities consist of (in thousands): December 31, 2015 2014 Accrued restructuring $ 633 $ 1,377 Accrued professional fees 1,731 679 Income taxes payable 282 275 Other accrued expenses 3,189 2,140 Total $ 5,835 $ 4,471

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2015
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	6. Goodwill and Intangible Assets Goodwill The following table presents goodwill by reporting unit, which is the same as operating segment, as of December 31, 2015 and 2014 as well as changes in the carrying amount of goodwill (in thousands): Premises(1) Credentials(1) Identity(1) All Other(1) Total Balance at December 31, 2014 $ 7,783 $ — $ 1,070 $ — $ 8,853 Goodwill impairment during the year (7,783 ) — (988 ) — (8,771 ) Currency translation adjustment — — (82 ) — (82 ) Balance at December 31, 2015 $ — $ — $ — $ — $ — (1) During the first quarter of 2014, in connection with the Company's 2014 organizational realignment, certain prior period amounts were reclassified to conform to the current period's operating segment presentation. A certain amount of goodwill is designated in a currency other than U. S. dollars and is adjusted each reporting period for the change in foreign exchange rates between balance sheet dates. In accordance with its accounting policy and ASC 350, the Company tests goodwill annually for impairment and assesses whether there are any indicators of impairment on an interim basis. The Company performs interim goodwill impairment reviews between its annual reviews if certain events and circumstances have occurred, including a deterioration in general economic conditions, an increased competitive environment, a change in management, key personnel, strategy or customers, negative or declining cash flows, or a decline in actual or planned revenue or earnings compared with actual and projected results of relevant prior periods. The Company believes the methodology that it uses to review impairment of goodwill, which includes a significant amount of judgment and estimates, provides it with a reasonable basis to determine whether impairment has occurred. However, many of the factors employed in determining whether its goodwill is impaired are outside of its control and it is reasonably likely that assumptions and estimates will change in future periods. These changes in assumptions and estimates could result in future impairments. When performing its annual goodwill impairment test and during its interim assessments, the Company first assesses qualitative factors to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If, after assessing the totality of events or circumstances, it is determined it is more likely than not that the fair value of a reporting unit is less than its carrying amount, the Company tests for goodwill impairment using a two-step method as required by ASC 350. The first step of the impairment test compares the fair value of the reporting unit to its carrying amount, including goodwill. If the carrying value of the reporting unit exceeds the fair value, goodwill is considered impaired and a second step is performed to measure the amount of the impairment loss, if any. Under this second step, the implied fair value of the goodwill is determined, in the same manner as the amount of goodwill recognized in a business combination, to assess the level of goodwill impairment, if any. The second step of the impairment test compares the implied fair value of goodwill to the carrying value of goodwill. If the carrying value of goodwill exceeds the implied fair value of goodwill, an impairment loss is recognized equal to that excess (i.e., goodwill is written down to the implied fair value of goodwill). If the first step of the impairment test is required after determining it is more likely than not that the fair value of a reporting unit is less than its carrying amount, the Company calculates the fair value of its reporting units using a combination of market and income approaches. Prior to its goodwill impairment test, the Company first tests its long-lived assets for impairment and adjusts the carrying value of each asset group to its fair value and records the associated impairment charge, if any, in its Consolidated Statements of Operations. The Company then performs its analysis of goodwill impairment using a two-step method as required by ASC 350. The first step of the impairment test compares the fair value of each reporting unit to its carrying value, including the goodwill related to the respective reporting units. The market approach of the fair value calculation estimates the fair value of a business based on a comparison of the Company to comparable firms in similar lines of business that are publicly traded or which are part of a public or private transaction. The income approach requires estimates of expected revenue, gross margin and operating expenses in order to discount the sum of estimated future cash flows using each particular reporting unit’s weighted average cost of capital. The Company’s growth estimates are based on historical data and internal estimates developed as part of its long-term planning process. The Company tests the reasonableness of the inputs and outcomes of its discounted cash flow analysis by comparing these items to available market data. The second step of the impairment test compares the implied fair value of goodwill to the carrying value of goodwill. The implied fair value of goodwill value is determined, in the same manner as the amount of goodwill recognized in a business combination, to assess the level of goodwill impairment, if any. During the second step, management estimates the fair value of the Company’s tangible and intangible net assets. Intangible assets are identified and valued for each reporting unit for which the second step is performed. The difference between the estimated fair value of each reporting unit and the sum of the fair value of the identified net assets results in the implied value of goodwill. If the carrying value of goodwill exceeds the implied fair value of goodwill, an impairment loss is recognized equal to that excess. During the second quarter of 2015, the Company noted certain indicators of impairment, including a sustained decline in its stock price and continued reduced performance in its Identity reporting unit. Based on the results of step one of the goodwill impairment analysis, it was determined that the Company’s net adjusted carrying value exceeded its estimated fair value for the Identity reporting unit. As a result, the Company concluded that the carrying value of goodwill for the Identity reporting unit was fully impaired and recorded an impairment charge of approximately $ million in its consolidated statements of operations during the second quarter of 2015. During the quarter ended December 31, 2015, the Company’s stock price declined significantly which resulted in a significant reduction in its fair value and market capitalization. The stock price declined from $3.64 as of October 1, 2015 to $1.99 as of December 31, 2015, and subsequently dropped further, reaching a low of $1.56 in February 2016. Additionally, the Company’s net losses continued in the quarter ended December 31, 2015, and the Company announced a worldwide restructuring plan designed to refocus resources on its core business segments and to consolidate operations in several worldwide locations. As a result, the Company performed an impairment test and determined that its goodwill was fully impaired based on qualitative factors as the Company’s net fair value exceeded its carrying value. As a result, the Company recorded an impairment charge of $7.8 million in its consolidated statement of operations in the fourth quarter of 2015. Intangible Assets The following table summarizes the gross carrying amount and accumulated amortization for intangible assets resulting from acquisitions (in thousands): Existing Technology Customer Relationships Trade Name Total Amortization period (in years) 11.75 4.0 – 11.75 1.0 Gross carrying amount at December 31, 2014 $ 4,600 $ 10,701 $ 570 $ 15,871 Accumulated amortization (1,914 ) (4,657 ) (570 ) (7,141 ) Intangible Assets, net at December 31, 2014 $ 2,686 $ 6,044 $ — $ 8,730 Gross carrying amount at December 31, 2015 $ 4,600 $ 10,639 $ 570 $ 15,809 Accumulated amortization (2,361 ) (5,603 ) (570 ) (8,534 ) Intangible Assets, net at December 31, 2015 $ 2,239 $ 5,036 $ — $ 7,275 Each period, the Company evaluates the estimated remaining useful lives of purchased intangible assets and whether events or changes in circumstances warrant a revision to the remaining period of amortization. If a revision to the remaining period of amortization is warranted, amortization is prospectively adjusted over the remaining useful life of the intangible asset. Intangible assets subject to amortization are amortized on a straight-line basis over their useful lives as outlined in the table above. The Company performs an evaluation of its amortizable intangible assets for impairment at the end of each reporting period. The Company did not identify any impairment indicators during the year ended December 31, 2015. The following table illustrates the amortization expense included in the consolidated statements of operations for the years ended December 31, 2015 and 2014 (in thousands): Years Ended December 31, 2015 2014 Cost of revenue $ 448 $ 448 Selling and marketing 1,007 1,007 Total $ 1,455 $ 1,455 The estimated annual future amortization expense for purchased intangible assets with definite lives over the next five years is as follows (in thousands): 2016 $ 1,455 2017 1,455 2018 1,455 2019 1,455 Thereafter 1,455 Total $ 7,275

Long-Term Payment Obligation

Long-Term Payment Obligation	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Long-Term Payment Obligation	7. Long-Term Payment Obligation Hirsch Acquisition – Secure Keyboards and Secure Networks . Prior to the 2009 acquisition of Hirsch by the Company, effective November 1994, Hirsch had entered into a settlement agreement (the “1994 Settlement Agreement”) with two limited partnerships, Secure Keyboards, Ltd. (“Secure Keyboards”) and Secure Networks, Ltd. (“Secure Networks”). At the time, Secure Keyboards and Secure Networks were related to Hirsch through certain common shareholders and limited partners, including Hirsch’s then President Lawrence Midland, who resigned as President of the Company effective July 31, 2014. Immediately following the acquisition, Mr. Midland owned 30% of Secure Keyboards and 9% of Secure Networks. Secure Networks was dissolved in 2012 and Mr. Midland owned 24.5% of Secure Keyboards upon his resignation effective July 31, 2014. On April 8, 2009, Secure Keyboards, Secure Networks and Hirsch amended and restated the 1994 Settlement Agreement to replace the royalty-based payment arrangement under the 1994 Settlement Agreement with a new, definitive installment payment schedule with contractual payments to be made in future periods through 2020 (the “2009 Settlement Agreement”). The Company was not an original party to the 2009 Settlement Agreement as the acquisition of Hirsch occurred subsequent to the 2009 Settlement Agreement being entered into. The Company has, however, provided Secure Keyboards and Secure Networks with a limited guarantee of Hirsch’s payment obligations under the 2009 Settlement Agreement (the “Guarantee”). The 2009 Settlement Agreement and the Guarantee became effective upon the acquisition of Hirsch on April 30, 2009. The Company’s annual payment to Secure Keyboards and Secure Networks in any given year under the 2009 Settlement Agreement is subject to an increase based on the percentage increase in the Consumer Price Index during the previous calendar year. The final payment to Secure Networks was made on January 30, 2012 and the final payment to Secure Keyboards is due on January 30, 2021. The Company’s payment obligations under the 2009 Settlement Agreement will continue through the calendar year period ending December 31, 2020, unless the Company elects at any time on or after January 1, 2012 to earlier satisfy its obligations by making a lump-sum payment to Secure Keyboards. The Company does not intend to make a lump-sum payment and therefore a portion of the payment obligation amount is classified as a long-term liability. The Company included $0.5 million and $0.6 million of interest expense during the years ended December 31, 2015 and 2014, respectively, in its consolidated statements of operations for interest accreted on the long-term payment obligation. The ongoing payment obligation in connection with the Hirsch acquisition as of December 31, 2015 is as follows (in thousands): 2016 $ 1,160 2017 1,200 2018 1,248 2019 1,298 2020 1,444 Thereafter 372 Present value discount factor (1,163 ) Total $ 5,559

Financial Liabilities

Financial Liabilities	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Financial Liabilities	8. Financial Liabilities Financial liabilities consist of (in thousands): December 31, December 31, 2015 2014 Secured term loan $ 10,000 $ 10,000 Bank revolving loan facility 8,300 4,300 Less: Unamortized discount (196 ) (362 ) Long-term financial liabilities $ 18,104 $ 13,938 Bank Term Loan and Revolving Loan Facility On March 31, 2014, the Company entered into a credit agreement (the “Credit Agreement”) with Opus. The Credit Agreement provides for a term loan in aggregate principal amount of $10.0 million (“Term Loan”) which was drawn down on March 31, 2014, and an additional $10.0 million revolving loan facility (“Revolving Loan Facility”), of which $4.0 million was drawn down on March 31, 2014 and an additional $2.0 million was drawn down during the three months ended June 30, 2014. On August 8, 2014, the Company repaid $1.7 million on the Revolving Loan Facility. In connection with the closing of the Credit Agreement, the Company repaid all outstanding amounts under its Hercules Debt Facility. The proceeds of the Term Loan and the initial proceeds under the Revolving Loan Facility, after payment of fees and expenses and all outstanding amounts under the Hercules Debt Facility, were approximately $7.8 million. The obligations of the Company under the Credit Agreement are secured by substantially all the assets of the Company. Certain of the Company’s material domestic subsidiaries have guaranteed the Term Loan and the Revolving Loan Facility and have granted Opus security interests in substantially all of their respective assets. In connection with the Company’s entry into the Credit Agreement, the Company paid $170,000 in customary lender fees and expenses, including facility fees. As discussed in Note 4, Stockholders’ Equity On November 10, 2014, the Company entered into an amendment to its Credit Agreement The Amended Credit Agreement contains customary representations and warranties and customary affirmative and negative covenants, including, limits or restrictions on the Company’s ability to incur liens, incur indebtedness, make certain restricted payments, merge or consolidate and dispose of assets. The Amended Credit Agreement also provides for customary financial covenants, including a minimum tangible net worth covenant, a maximum senior leverage ratio and a minimum asset coverage ratio. On December 4, 2015, the Company entered into an amendment (the “Credit Amendment”) to the Amended Credit Agreement. The Credit Amendment amended and restated Section 7.11(a) Financial Covenants to read as follows: “Tangible Net Worth. Permit the sum of the Consolidated Tangible Net Worth plus plus Tangible Net Worth In addition, it contains customary events of default that entitle Opus to cause any or all of the Company’s indebtedness under the Amended Credit Agreement to become immediately due and payable. Events of default (some of which are subject to applicable grace or cure periods), include, among other things, non-payment defaults, covenant defaults, cross-defaults to other material indebtedness, bankruptcy and insolvency defaults and material judgment defaults. Upon the occurrence and during the continuance of an event of default, Opus may terminate its lending commitments and/or declare all or any part of the unpaid principal of all loans, all interest accrued and unpaid thereon and all other amounts payable under the Amended Credit Agreement to be immediately due and payable. The Company has considered the components of the material adverse change clause of the Amended Credit Agreement and determined the likelihood of default under the existing terms is remote. Accordingly, all amounts outstanding under the Amended Credit Agreement are classified as long-term in the accompanying consolidated balance sheets. The following table summarizes the timing of repayment obligations for the Company’s financial liabilities for the next five years under the terms of the Amended Credit Agreement as of December 31, 2015 (in thousands): 2016 2017 2018 2019 Total Bank term loan and revolving loan facility $ — $ 18,300 $ — $ — $ 18,300

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	9. Income Taxes Loss before income taxes for domestic and non-U.S. continuing operations is as follows: (In thousands) 2015 2014 Loss from continuing operations before income taxes and noncontrolling interest: U.S. $ (43,518 ) $ (16,022 ) Foreign 4,520 (2,307 ) Loss from continuing operations before income taxes and noncontrolling interest $ (38,998 ) $ (18,329 ) The benefit (provision) for income taxes consisted of the following: December 31, (In thousands) 2015 2014 Deferred: Federal $ — $ — State — — Foreign — — $ — $ — Current Federal $ — $ 44 State (16 ) 56 Foreign (206 ) (195 ) Total current (222 ) (95 ) Total provision for income taxes $ (222 ) $ (95 ) Significant items making up deferred tax assets and liabilities are as follows: December 31, (In thousands) 2015 2014 Deferred tax assets: Allowances not currently deductible for tax purposes $ 3,481 $ 3,555 Net operating loss carryforwards 62,779 60,774 Accrued and other 8,781 2,759 75,041 67,088 Less valuation allowance (70,478 ) (62,646 ) 4,563 4,442 Deferred tax liability: Depreciation and amortization (2,774 ) (3,525 ) Other (1,789 ) (917 ) (4,563 ) (4,442 ) Net deferred tax liability $ — $ — Management assesses the available positive and negative evidence to estimate if sufficient future taxable income will be generated to use the existing deferred tax assets. A significant piece of objective negative evidence evaluated was the cumulative loss incurred over the three-year period ended December 31, 2015. Such objective evidence limits the ability to consider other subjective evidence such as the Company’s projections for future growth. A valuation allowance of $70.5 million and $62.6 million at December 31, 2015 and December 31, 2014, respectively, has been recorded to offset the related net deferred tax assets as the Company is unable to conclude that it is more likely than not that such deferred tax assets will be realized. The net deferred tax liabilities are primarily from foreign tax liabilities as well as intangibles acquired as a result of the acquisition of Hirsch, which are not deductible for tax purposes. As of December 31, 2015, the Company has net operating loss carryforwards of $89.7 million for federal, $17.6 million for state and $117.5 million for foreign income tax purposes. The Company’s loss carryforwards began to expire in 2015, and will continue to expire through 2033 if not utilized. The Tax Reform Act of 1986 (the “Reform Act”) limits the use of net operating loss and tax credit carryforwards in certain situations where changes occur in stock ownership. The Company completed its acquisition of Bluehill ID on January 4, 2010, which resulted in a stock ownership change as defined by the Reform Act. This transaction resulted in limitations on the annual utilization of federal and state net operating loss carryforwards. As a result, the Company reevaluated its deferred tax assets available under the Reform Act. The loss carryforward amounts, excluding the valuation allowance, presented above have been adjusted for the limitation resulting from the change in ownership in accordance with the provisions of the Reform Act. The (benefit) provision for income taxes reconciles to the amount computed by applying the statutory federal tax rate to the loss before income taxes from continuing operation is as follows: December 31, (In thousands) 2015 2014 Income tax expense (benefit) at statutory federal tax rate of 34% $ (13,247 ) $ (6,035 ) Earn-out consideration — 1,193 State taxes, net of federal benefit 11 (37 ) Foreign taxes benefits provided for at rates other than U.S statutory rate (1,349 ) 965 Change in valuation allowance 11,728 3,845 Goodwill impairment 2,646 — Permanent differences 731 492 Other (298 ) (328 ) Total provision for income taxes $ 222 $ 95 The Company has no present intention of remitting undistributed retained earnings of any of its foreign subsidiaries. Accordingly, the Company has not established a deferred tax liability with respect to undistributed earnings of its foreign subsidiaries. U.S. income and foreign withholding taxes have not been recognized on the excess of the amount for financial reporting over the tax basis of investments in foreign subsidiaries that is indefinitely reinvested outside the United States. This amount becomes taxable upon a repatriation of assets from the subsidiary or a sale or liquidation of the subsidiary. The determination and presentation of the amount of such temporary differences as of December 31, 2015 and 2014, is not practicable because of complexities of the hypothetical calculation. The Company applies the provisions of, and accounted for uncertain tax positions in accordance with ASC 740. ASC 740 clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements. It prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC 740 also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. A reconciliation of the beginning and ending amount of unrecognized tax benefits with an impact on the Company’s consolidated balance sheets or results of operations is as follows: (In thousands) 2015 2014 Balance at January 1 $ 2,886 $ 2,800 Additions based on tax positions related to the current year 352 319 Additions for tax positions of prior years — 4 Reductions in prior year tax positions — (125 ) Reductions in prior year tax positions due to completion of audit — — Other reductions in prior year tax positions (15 ) (112 ) Balance at December 31 $ 3,223 $ 2,886 While timing of the resolution and/or finalization of tax audits is uncertain, the Company does not believe that its unrecognized tax benefits as disclosed in the above table would materially change in the next 12 months. The reduction to the amount of unrecognized tax benefits during 2015 was primarily due to the expiration of statutes of limitations on tax attributes carried forward for prior years. As of December 31, 2015 and 2014, the Company recognized liabilities for unrecognized tax benefits of $3.1 million and $2.8 million, respectively, which were accounted for as a decrease to deferred tax assets. Since there was a full valuation allowance against these deferred tax assets, there was no impact on the Company’s consolidated balance sheets or results of operations for the years 2015 and 2014. Also the subsequent recognition, if any, of these previously unrecognized tax benefits would not affect the effective tax rate. Such recognition would result in adjustments to other tax accounts, primarily deferred taxes. The amount of unrecognized tax benefits, which, if recognized would affect the tax rate is $0.1 million as of December 31, 2015 and 2014. The Company recognizes interest accrued related to unrecognized tax benefits and penalties as income tax expense. During fiscal 2015, the Company recorded a reduction to accrued penalties of $400 and a reduction to accrued interest of $3,000 related to the unrecognized tax benefits noted above. As of December 31, 2015, the Company has recognized a total liability for penalties of $15,000 and interest of $24,000. During fiscal 2014, the Company recorded a reduction to accrued penalties of $51,000 and a reduction to accrued interest of $7,000 related to the unrecognized tax benefits noted above. As of December 31, 2014, the Company has recognized a total liability for penalties of $15,000 and interest of $21,000. The Company files U.S. federal, U.S. state and foreign tax returns. The Company generally is no longer subject to tax examinations for years prior to 2010. However, if loss carryforwards of tax years prior to 2010 are utilized in the U.S., these tax years may become subject to investigation by the tax authorities.

Segment Reporting and Geographi

Segment Reporting and Geographic Information	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Segment Reporting and Geographic Information	10. Segment Reporting and Geographic Information ASC Topic 280, Segment Reporting The CODM reviews financial information and business performance for each operating segment. The Company evaluates the performance of its operating segments at the revenue and gross profit levels. The Company does not report total assets, capital expenditures or operating expenses by operating segment as such information is not used by the CODM for purposes of assessing performance or allocating resources or has not been accounted for at the segment level. Net revenue and gross profit information by segment for the years ended December 31, 2015 and 2014 are as follows (in thousands): Year Ended December 31, 2015 2014 Premises: Net revenue $ 19,963 $ 19,033 Gross profit 11,522 11,358 Gross profit margin 58 % 60 % Identity: Net revenue 11,950 17,045 Gross profit 5,040 8,232 Gross profit margin 42 % 48 % Credentials: Net revenue 27,336 41,565 Gross profit 5,613 11,898 Gross profit margin 21 % 29 % All Other: Net revenue 1,545 3,606 Gross profit 974 1,968 Gross profit margin 63 % 55 % Total: Net revenue 60,794 81,249 Gross profit 23,149 33,456 Gross profit margin 38 % 41 % Operating expenses: Research and development 9,151 6,902 Selling and marketing 20,236 20,635 General and administrative 19,604 12,751 Earn-out consideration — 3,510 Impairment of goodwill 8,771 — Restructuring and severance 1,266 3,098 Total operating expenses: 59,028 46,896 Loss from operations (35,879 ) (13,440 ) Non-operating income (expense): Interest expense, net (1,908 ) (3,619 ) Foreign currency loss (gain), net (1,211 ) (1,270 ) Loss from continuing operations before income taxes and noncontrolling interest $ (38,998 ) $ (18,329 ) Geographic net revenue is based on customer’s ship-to location. Information regarding net revenue by geographic region is as follows (in thousands): Year Ended December 31, 2015 2014 Americas United States $ 40,848 $ 51,318 Other — 4 Total Americas 40,848 51,322 Europe and the Middle East 9,472 15,835 Asia-Pacific 10,474 14,092 Total $ 60,794 $ 81,249 Revenues Americas 67 % 63 % Europe and the Middle East 16 % 20 % Asia-Pacific 17 % 17 % Total 100 % 100 % Long-lived assets by geographic location as of December 31, 2015 and 2014 are as follows (in thousands): December 31, December 31, 2015 2014 Property and equipment, net: Americas United States $ 2,096 $ 2,134 Other — — Total Americas 2,096 2,134 Europe and the Middle East Germany 295 1,252 Total Europe and the Middle East 295 1,252 Asia-Pacific Singapore 1,807 1,867 Other 20 58 Total Asia-Pacific 1,827 1,925 Total property and equipment, net $ 4,218 $ 5,311 The Company’s net revenue is represented by the following product categories as of December 31, 2015 and 2014 (in thousands): Year Ended December 31, 2015 2014 Tags and transponders $ 20,310 $ 34,659 Logical and physical access control readers 17,165 21,084 Controller panels 10,272 9,215 Access cards and provisioning 7,394 7,413 Third party access control products 1,523 2,097 Other 4,130 6,781 Total $ 60,794 $ 81,249

Restructuring and Severance

Restructuring and Severance	12 Months Ended
	Dec. 31, 2015
Restructuring And Related Activities [Abstract]
Restructuring and Severance	11. Restructuring and Severance During the year ended December 31, 2014, certain employees were terminated as part of management’s efforts to simplify business operations and facilities were closed or are scheduled to close. As a result, the Company recorded $3.1 million in restructuring and severance costs, lease termination costs, stock award modification charges and other closure related costs in its consolidated statement of operations for the year ended December 31, 2014. In addition, the Company recorded an additional $0.4 million in severance costs during the year ended December 31, 2014 in general and administrative expenses related to executive position resignations and eliminations in conjunction with recent corporate restructuring and cost reduction activities. During 2015, the Company recorded an additional $1.3 million in severance costs, as part of management’s continuing efforts to simplify business operations. All unpaid restructuring and severance accruals are included in other accrued expenses and liabilities within current liabilities in the consolidated balance sheets at December 31, 2015 and 2014, respectively. Restructuring and severance activities during the year ended December 31, 2015 were as follows (in thousands): Restructuring and Severance Balance at December 31, 2014 $ 1,377 Restructuring expense incurred and changes in estimates 1,266 Other cost reduction activities 81 Payments and non-cash item adjustment (2,091 ) Balance at December 31, 2015 $ 633 In addition to the initiatives noted above, on January 27, 2016, the Company commenced the implementation of a worldwide restructuring plan designed to refocus its resources on its core business segments, including physical access and transponders, and to consolidate its operations in several worldwide locations. The restructuring plan includes a reduction of approximately 25% of its non-manufacturing employee base, reallocating overhead roles into direct business activities and the elimination of certain management and executive roles. See Note 15 Subsequent Events

Legal Proceedings

Legal Proceedings	12 Months Ended
	Dec. 31, 2015
Commitments And Contingencies Disclosure [Abstract]
Legal Proceedings	12. Legal Proceedings On December 7, 2015, the Company and certain of its present and former officers and directors were named as defendants in a putative class action lawsuit filed in the United States District Court for the Northern District of California, entitled Ruggiero v. Identiv, Inc. Between December 2015 and February 2016, a number of other shareholder lawsuits were filed. On December 16, 2015, the Company and certain of its present and former officers and directors were named as defendants in a putative class action lawsuit filed in the United States District Court for the Northern District of California, entitled Rok v. Identiv, Inc., et al. Oswald v. Humphreys, et al. Chopra v. Hart, et al. Wollnik v. Wenzel, et al. From time to time, the Company could be subject to claims arising in the ordinary course of business or be a defendant in additional lawsuits. The outcome of such claims or other proceedings cannot be predicted with certainty and may have a material effect on the Company’s financial condition, results of operations or cash flows.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	13. Commitments and Contingencies The Company leases its facilities, certain equipment, and automobiles under non-cancelable operating lease agreements. Those lease agreements existing as of December 31, 2015 expire at various dates during the next six years. The Company recognized rent expense of $1.8 million and $1.6 million for the years ended December 31, 2015 and 2014, respectively, in its consolidated statements of operations. The following table summarizes the Company’s principal contractual commitments as of December 31, 2015 (in thousands): Operating Leases Purchase Commitments Other Contractual Commitments Total 2016 $ 1,737 $ 8,153 $ 9 $ 9,899 2017 1,191 — 6 1,197 2018 430 — — 430 2019 328 — — 328 2020 329 — — 329 Thereafter 110 — — 110 $ 4,125 $ 8,153 $ 15 $ 12,293 Purchase commitments for inventories are highly dependent upon forecasts of customer demand. Due to the uncertainty in demand from its customers, the Company may have to change, reschedule, or cancel purchases or purchase orders from its suppliers. These changes may lead to vendor cancellation charges on these purchases or contractual commitments. The Company provides warranties on certain product sales for periods ranging from 12 to 24 months, and allowances for estimated warranty costs are recorded during the period of sale. The determination of such allowances requires the Company to make estimates of product return rates and expected costs to repair or to replace the products under warranty. The Company currently establishes warranty reserves based on historical warranty costs for each product line combined with liability estimates based on the prior 12 months’ sales activities. If actual return rates and/or repair and replacement costs differ significantly from the Company’s estimates, adjustments to recognize additional cost of sales may be required in future periods. Historically the warranty accrual and the expense amounts have been immaterial. On May 21, 2015, the Company received notification from NASDAQ that it no longer met the requirements for continued listing under NASDAQ’s listing rules because of the failure to file its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2015. The Company subsequently submitted a plan of compliance to NASDAQ, and was given until November 16, 2015 to regain compliance with the continued listing requirements. The plan of compliance included an undertaking to file our Quarterly Report on Form 10-Q for the quarter ended June 30, 2015, which had also become delinquent. The Company subsequently was unable to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2015. On November 17, 2015, the Company received a notice from NASDAQ informing the Company that as a result of its failure to regain compliance with the continued listing requirements by November 16, 2015, and because the September 30, 2015 Form 10-Q was also delinquent, The Company’s common stock was subject to delisting. The Company requested and was granted a hearing before the NASDAQ Listing Qualifications Panel (“the Panel”) to appeal the delisting determination. On January 26, 2016, the Company was notified that the Panel had granted its request to remain listed on The NASDAQ Capital Market, subject to certain conditions. The Panel determined the Company’s common stock would remain listed subject to the Company becoming current with its periodic filings with the SEC by March 30, 2016, and the Company holding its annual meeting of stockholders on or before May 12, 2016. If the Company does not maintain compliance with the remainder of The NASDAQ Capital Market’s continued listing requirements on an ongoing basis and timely comply with the conditions of the Panel’s decision, the Company’s common stock may be immediately delisted from The NASDAQ Capital Market.

Related Party Transaction

Related Party Transaction	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Related Party Transaction	14. Related Party Transaction As discussed in Note 3 Fair Value Measurements As outlined in the SPA, certain of the Selling Shareholders include the Company’s former CEO and former CFO. The $3.51 million Earn-out Consideration liability was settled during the quarter ended June 30, 2015 by the issuance of common stock to the Selling Shareholders in proportion to their former shareholdings, which included approximately 87% held by Jason Hart representing approximately $3,040,000 and approximately 0.3% held by Brian Nelson representing approximately $10,500 of the total Earn-out Consideration. The Company issued 294,750 and 921 shares of common stock to Mr. Hart and Mr. Nelson, respectively, which shares have a lock-up period of 12 months from the date of issuance. For the year ended December 31, 2014, the Company allocated as additional compensation to Mr. Hart $97,868 of previously reimbursed expenses in 2014 which the Company subsequently determined should not have been reimbursed either because such expenses were not consistent with its expense guidelines and policies or because insufficient documentation was provided to support such expense reimbursements. At the Company’s request, in February 2016 Mr. Hart repaid the Company $35,784 of such amount.

Subsequent Event

Subsequent Event	12 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Event	15. Subsequent Events On January 26, 2016, the Company was notified that the NASDAQ Listing Qualifications Panel (the “Panel”) had granted the Company’s request to remain listed on The NASDAQ Capital Market, subject to certain conditions. The Panel determined the Company’s common stock would remain listed subject to the Company becoming current in its periodic filings with the Securities and Exchange Commission by March 30, 2016, and holding its annual meeting of stockholders on or before May 12, 2016. The Company filed its delinquent Quarterly Reports on Form 10-Q on March 29, 2016. If the Company does not maintain compliance with the remainder of The NASDAQ Capital Market’s continued listing requirements on an ongoing basis and timely comply with the conditions of the Panel’s decision, its common stock may be immediately delisted from The NASDAQ Capital Market. Any such delisting could have a material adverse effect on the price of the Company’s common stock, the liquidity of its stock, the Company’s business and its ability to raise capital. On January 27, 2016, the Company commenced the implementation of a worldwide restructuring plan designed to refocus the Company’s resources on its core business segments, including physical access and transponders, and to consolidate its operations in several worldwide locations. The restructuring plan includes a reduction of approximately 25% of the Company’s non-manufacturing employee base, reallocates overhead roles into direct business activities and eliminates certain management and executive roles. In connection with the restructuring, the Company estimates that it will incur aggregate cash charges of approximately $1.6 million to $2.0 million, consisting of approximately $1.5 million to $1.75 million related to severance payments to employees and approximately $100,000 to $250,000 in lease termination fees. The majority of the charges are expected to be paid out during the first quarter of 2016.

Organization and Summary of S23

Organization and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Principles of Consolidation and Basis of Presentation	Principles of Consolidation and Basis of Presentation — The accompanying consolidated financial statements include the accounts of the Company and its wholly and majority owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.
Reverse Stock Split	Reverse Stock Split — On May 22, 2014, the stockholders approved, and the Company filed a certificate of amendment to its Amended and Restated Certificate of Incorporation with the Secretary of the State of Delaware effecting, a one-for-ten reverse split of the Company's common stock, par value $0.001. T he reverse stock split did not change the par value of the Company’s common stock or the number of shares of preferred stock authorized for issuance. Upon the effectiveness of the reverse stock split, the Company’s issued shares of common stock decreased from approximately 80 million to approximately 8 million shares, all with a par value of $0.001. The Company has no outstanding shares of preferred stock. All share, per share and stock option information in the accompanying consolidated financial statements and the notes thereto have been restated for all periods to reflect the reverse stock split .
Discontinued Operations	Discontinued Operations — Financial information related to certain divested businesses of the Company is reported as discontinued operations for all periods presented as discussed in Note 2, .
Allowance for Doubtful Accounts	Allowance for Doubtful Accounts — The allowance for doubtful accounts is based on the Company’s assessment of the collectibility of customer accounts. The Company regularly reviews its receivables that remain outstanding past their applicable payment terms and establishes allowance and potential write-offs by considering factors such as historical experience, credit quality, age of the accounts receivable balances, and current economic conditions that may affect a customer’s ability to pay. Although the Company expects to collect net amounts due as stated on the consolidated balance sheets, actual collections may differ from these estimated amounts.
Inventories	Inventories — Inventories are stated at the lower of cost, using standard cost, approximating average cost, or FIFO method, as applicable, or market value. Inventory is written down for excess inventory, technical obsolescence and the inability to sell based primarily on historical sales and expectations for future use. The Company operates in an industry characterized by technological change. The planning of production and inventory levels is based on internal forecasts of customer demand, which are highly unpredictable and can fluctuate substantially. Should the demand for the Company’s products prove to be significantly less than anticipated, the ultimate realizable value of the Company’s inventory could be substantially less than amounts in the consolidated balance sheets. Once inventory has been written down below cost, it is not subsequently written up.
Property and Equipment	Property and Equipment — Property and equipment are stated at cost less accumulated depreciation. Depreciation and amortization are computed using the straight-line method over estimated useful lives of three to ten years for furniture, fixture and office equipment, five to seven years for machinery, five years for automobiles and three years for computer software. Leasehold improvements are amortized over the shorter of the lease term or their estimated useful life.
Goodwill	Goodwill — Goodwill represents the excess of the purchase price over the fair value of the net tangible and identifiable intangible assets acquired in a business combination. Goodwill is not subject to amortization but is subject to annual assessment for impairment in accordance with ASC Topic 350, (“ASC 350”). The Company evaluates goodwill, at a minimum, on an annual basis and on an interim basis whenever events and changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The Company performs interim goodwill impairment reviews between its annual reviews if certain events and circumstances have occurred, including a deterioration in general economic conditions, an increased competitive environment, a change in management, key personnel, strategy or customers, negative or declining cash flows, or a decline in actual or planned revenue or earnings compared with actual and projected results of relevant prior periods. Impairment of goodwill is tested at the reporting unit level, which is one level below its operating segment. The reporting units are identified in accordance with ASC 350-20-35-33 through 35-46. Prior to testing for goodwill impairment, the Company tests long-lived assets for impairment and adjusts the carrying value of each asset group to its fair value and records the associated impairment charge in its consolidated statements of operations. The Company first assesses qualitative factors to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If, after assessing the totality of events or circumstances, it is determined it is more likely than not that the fair value of a reporting unit is less than its carrying amount, the Company tests for goodwill impairment using a two-step method as required by ASC 350. The first step of the impairment test compares the fair value of the reporting unit to its carrying amount, including goodwill. If the carrying value of the reporting unit exceeds the fair value, goodwill is considered impaired and a second step is performed to measure the amount of the impairment loss, if any. Under this second step, the implied fair value of the goodwill is determined, in the same manner as the amount of goodwill recognized in a business combination, to assess the level of goodwill impairment, if any. The second step of the impairment test compares the implied fair value of goodwill to the carrying value of goodwill. If the carrying value of goodwill exceeds the implied fair value of goodwill, an impairment loss is recognized equal to that excess (i.e., write goodwill down to the implied fair value of goodwill amount). Under the first step of the impairment test, the Company determines the fair value of the reporting units using the income, or discounted cash flows, approach (“DCF model”) and verifies the reasonableness of such fair value calculations of the reporting units using the market approach, which utilizes comparable firms in similar lines of business that are publicly traded or which are part of a public or private transaction. The completion of the DCF model requires the Company to make a number of significant assumptions to produce an estimate of future cash flows. These assumptions include, but are not limited to, projections of future revenue, gross profit rates, working capital requirements, and discount rates. In determining an appropriate discount rate for each reporting unit the Company makes assumptions about the estimated cost of capital and relevant risks, as appropriate. The projections used by the Company in its DCF model are updated as required and will change over time based on the historical performance and changing business conditions for each of the Company’s reporting units. The determination of whether goodwill is impaired involves a significant level of judgment in these assumptions, and changes in the Company’s business strategy, government regulations, or economic or market conditions could significantly impact these judgments. See Note 6, Goodwill and Intangible Assets
Intangible and Long-lived Assets	Intangible and Long-lived Assets — The Company evaluates its long-lived assets and amortizable intangible assets in accordance with ASC Topic 360, (“ASC 360”) The Company evaluates its long-lived assets and identifiable amortizable intangible assets for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets or intangibles may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future net undiscounted cash flows expected to be generated by an asset. If such assets are considered to be impaired (i.e., if the sum of its estimated future undiscounted cash flows used to test for recoverability is less than its carrying value), the impairment loss to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Intangible assets with definite lives are amortized on a straight-line basis over their estimated useful lives of the related assets as the straight-line method is considered to align with expected cash flows. Each period the Company evaluates the estimated remaining useful life of purchased intangible assets and whether events or changes in circumstances warrant a revision to the remaining period of amortization. For intangible assets determined to have an indefinite useful life, no amortization is recognized until the assets´ useful life is determined to be no longer indefinite. As discussed in Note 6, , the Company performed an impairment analysis in the fourth quarter of 2015 and found no indicators of impairment.
Product Warranty	Product Warranty — The Company accrues the estimated cost of product warranties at the time of sale. The Company’s warranty obligation is affected by actual warranty costs, including material usage or service delivery costs incurred in correcting a product failure. If actual material usage or service delivery costs differ from estimates, revisions to the estimated warranty liability would be required. Historically the warranty accrual and the expense amounts have been immaterial.
Revenue Recognition	Revenue from professional services contracts is recognized upon completion of services and customer acceptance, if applicable. Professional services include security system integration, system migration and database conversion services. Revenue from maintenance contracts is deferred and recognized ratably over the period of the maintenance contracts. Certain sales arrangement contains hardware, software and professional service elements where professional services are essential to the functionality of the hardware and software system and a test of the functionality of the complete system is required before the customer accepts the system. As a result, hardware, software and professional service elements are accounted for as one unit of accounting and revenue from these arrangements is recognized upon completion of the project.
Research and Development	Research and Development — Costs to research, design, and develop the Company’s products are expensed as incurred and consist primarily of employee compensation and fees for the development of prototype products. Software development costs are capitalized beginning when a product’s technological feasibility has been established and ending when a product is available for general release to customers. Generally, the Company’s products are released soon after technological feasibility has been established. As a result, costs subsequent to achieving technological feasibility have not been significant, and all software development costs generally have been expensed as incurred. The Company capitalizes certain costs for its internal-use software incurred during the application development stage. Costs related to preliminary project activities and post implementation activities are expensed as incurred. Internal-use software is amortized on a straight line basis over its estimated useful life, generally three years. The estimated useful life is determined based on management’s judgment on how long the core technology and functionality serves internal needs and the customer base. Management evaluates the useful lives of these assets on an annual basis and tests for impairment whenever events or changes in circumstances occur that could impact the recoverability of these assets. The Company recorded amortization expense related to software development costs, including amounts written-off related to capitalized costs, in the amount of $0.3 million and $0.1 million for the years ended December 31, 2015 and 2014, respectively.
Freight Costs	Freight Costs — The Company reflects the cost of shipping its products to customers as a cost of revenue. Reimbursements received from customers for freight costs are recognized as product revenue.
Income Taxes	Income Taxes — The Company accounts for income taxes in accordance with ASC Topic 740, (“ASC 740”), which requires the asset and liability approach for financial accounting and reporting of income taxes. Deferred income taxes reflect the recognition of future tax consequences of events that have been recognized in the Company’s financial statements or tax returns. The carrying value of net deferred tax assets reflects that the Company has been unable to generate sufficient taxable income in certain tax jurisdictions. A valuation allowance is provided to reduce the deferred tax asset to an amount that is more likely than not to be realized. The deferred tax assets are still available for the Company to use in the future to offset taxable income, which would result in the recognition of a tax benefit and a reduction in the Company’s effective tax rate. Actual operating results and the underlying amount and category of income in future years could render the Company’s current assumptions, judgments and estimates of the realizability of deferred tax assets inaccurate, which could have a material impact on its financial position or results of operations. The Company accounts for uncertain tax positions in accordance with ASC 740, which clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements. It prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. Such changes in recognition or measurement might result in the recognition of a tax benefit or an additional charge to the tax provision in the period. The Company recognizes interest and penalties related to unrecognized tax benefits within the income tax expense line in the accompanying Consolidated Statement of Operations. Accrued interest and penalties are included within the related tax liability line in the Consolidated Balance Sheet. See Note 9, Income Taxes
Stock-based Compensation	Stock-based Compensation — The Company accounts for all stock-based payment awards, including employee stock options, restricted stock awards, performance share awards, employee stock purchase plan, in accordance with ASC Topic 718, (“ASC 718”). Under the fair value recognition provisions of this topic, stock-based compensation cost is measured at the grant date based on the fair value of the award. Compensation expense for all stock-based payment awards is recognized using the straight-line single-option approach. Employee stock options awards are valued under the single-option approach and amortized on a straight-line basis, net of estimated forfeitures. The value of the portion of the stock options award that is ultimately expected-to-vest is recognized as expense over the requisite service periods in the Company’s consolidated statements of operations. See Note 4 for further information regarding the Company’s stock-based compensation assumptions and expenses. The Company has elected to use the Black-Scholes-Merton (“BSM”) option-pricing model to estimate the fair value of its options, which incorporates various subjective assumptions including volatility, risk-free interest rate, expected life, and dividend yield to calculate the fair value of stock option awards. Since the Company has been publicly traded for many years, it utilizes its own historical volatility in valuing its stock option grants. The expected life of an award is based on historical experience, the terms and conditions of the stock awards granted to employees, as well as the potential effect from options that have not been exercised at the time. The assumptions used in calculating the fair value of stock-based payment awards represent management’s best estimates. These estimates involve inherent uncertainties and the application of management’s judgment. If factors change and the Company uses different assumptions, its stock-based compensation expense could be materially different in the future. In addition, the Company estimates the expected forfeiture rate and recognizes expense only for those awards which are ultimately expected-to-vest shares. If the actual forfeiture rate is materially different from the Company’s estimate, the recorded stock-based compensation expense could be different. ASC 718 requires forfeitures to be estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates.
Concentration of Credit Risk	Concentration of Credit Risk — One customer accounted 14% of net revenue for the year ended December 31, 2015, and one customer accounted for 23% of net revenue for the year ended December 31, 2014. No customers accounted for more than 10% of the Company’s accounts receivable balance as of December 31, 2015. Two customers accounted for more than 10% of the Company’s accounts receivable balance at December 31, 2014. The Company does not require collateral or other security to support accounts receivable. To reduce risk, the Company’s management performs ongoing credit evaluations of its customers’ financial condition. The Company maintains allowances for potential credit losses in its consolidated financial statements.
Net Loss Per Share	Net Loss Per Share — Basic and diluted net loss per share is based upon the weighted average number of common shares outstanding during the period. Diluted net loss per share is based upon the weighted average number of common shares and dilutive-potential common share equivalents outstanding during the period, if applicable. Dilutive-potential common share equivalents are excluded from the computation of net loss per share in the loss periods as their effect would be antidilutive. As the Company has incurred losses from continuing operations during each of the last two fiscal years, shares issuable under stock options are excluded from the computation of diluted net loss per share in the accompanying consolidated statements of operations as their effect is anti-dilutive.
Comprehensive Loss	Comprehensive Loss — ASU No. 2011-05, (“ASU No. 2001-05”) requires an entity to present the total of comprehensive income, the components of net income, and the components of other comprehensive income either in a single continuous statement of comprehensive income or in two separate but consecutive statements. Comprehensive loss for the years ended December 31, 2015 and 2014 has been disclosed within the consolidated statements of comprehensive loss. Other accumulated comprehensive loss includes net foreign currency translation adjustments which are excluded from consolidated net loss.
Foreign Currency Translation and Transactions	Foreign Currency Translation and Transactions — The functional currencies of the Company’s foreign subsidiaries are the local currencies, except for the Singapore subsidiary, which uses the U.S. dollar as its functional currency. For those subsidiaries whose functional currency is the local currency, the Company translates assets and liabilities to U.S. dollars using period-end exchange rates and translates revenues and expenses using average exchange rates during the period. Exchange gains and losses arising from translation of foreign entity financial statements are included as a component of other comprehensive loss and gains and losses from transactions denominated in currencies other than the functional currencies of the Company are included in the Company’s consolidated statements of operations. The Company recognized a currency loss of $1.2 million in 2015 and $1.3 million in 2014.
Recent Accounting Pronouncements and Accounting Changes	Recent Accounting Pronouncements and Accounting Changes In April 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2015-05, “Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement” In April 2015, the FASB issued ASU 2015-03, “Simplifying the Presentation of Debt Issuance Costs” In January 2015, the FASB issued ASU 2015-01, “Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items” In August 2014, the FASB issued ASU No. 2014-15, “Disclosure of Uncertainties About an Entity's Ability to Continue as a Going Concern” In May 2014, the FASB issued ASU No. 2014-09 “ Revenue from Contracts with Customers In August 2015, the FASB issued ASU 2015-14, “Revenue From Contracts With Customers (Topic 606)” (“ASU 2015-14”), which defer the effective date of ASU 2014-09 by one year to annual periods beginning after December 15, 2017, including interim reporting periods within that reporting period. Early adoption is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The new guidance is effective for the Company beginning January 1, 2018 and will provide the Company additional time to evaluate the method and impact that ASU 2014-09 will have on its consolidated financial statements

Discontinued Operations (Tables

Discontinued Operations (Tables)	12 Months Ended
	Dec. 31, 2015
Discontinued Operations And Disposal Groups [Abstract]
Schedule of Discontinued Operations Income (Loss), Assets and Liabilities	The key components of income from discontinued operations consist of the following (in thousands): Years Ended December 31, 2015 2014 Net revenue $ — $ 1,276 Discontinued operations: Income from discontinued operations before income taxes $ — $ 62 Income tax provision — — Income from discontinued operations, net of income taxes — 62 Gain on sale of discontinued operations, net of income taxes of nil — 459 Income from discontinued operations, net of income taxes $ — $ 521

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2015
Statement Of Financial Position [Abstract]
Summary of Earn-Out Liability	Fair Value Measurements (Level 3) (in thousands) Earn-out Liability Balance at January 1, 2014 $ - Remeasurement of obligation 3,510 Balance at December 31, 2014 $ 3,510 Remeasurement of obligation - Issuance of shares to settle earn-out obligation (3,510 ) Balance at December 31, 2015 $ -

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Summary of Outstanding Warrants Issued By Company	Below is a summary of outstanding warrants issued by the Company as of December 31, 2015: Warrant Type Shares Issuable Pursuant to the Exercise of Warrants Weighted Average Exercise Price Issue Date Expiration Date Consultant Warrant 85,000 $ 10.70 August 13, 2014 August 13, 2019 Opus Warrant 100,000 9.90 March 31, 2014 March 31, 2019 2013 Private Placement Warrants 186,878 10.00 August 14, 2013 August 14, 2017 Total 371,878
Summary of Activity under Stock-Based Compensation Plans	A summary of activity for the Company’s stock option plans for the year ended December 31, 2015 follows: Number Outstanding Average Exercise Price per Share Weighted Average Remaining Contractual Term (Years) Average Intrinsic Value Balance at December 31, 2014 897,115 $ 12.09 Granted — — Cancelled or expired (110,131 ) 16.64 Exercised (5,180 ) 8.01 Balance at December 31, 2015 781,804 $ 11.48 6.72 $ - Vested or expected to vest at December 31, 2015 744,258 $ 11.59 6.54 $ - Exercisable at December 31, 2015 495,206 $ 12.88 5.85 $ -
Summary Information about Options Outstanding	The following table summarizes information about options outstanding as of December 31, 2015: Options Outstanding Options Exercisable Range of Exercise Prices Number Outstanding Weighted Average Remaining Contractual Life (Years) Weighted Average Exercise Price Number Exercisable Weighted Average Exercise Price $5.20 - $8.40 158,222 7.59 $ 6.40 100,345 $ 6.64 $8.41 - $8.80 230,688 7.84 8.80 106,382 8.80 $8.81 - $12.00 247,769 6.80 11.21 147,229 11.41 $12.01 - $40.20 140,775 3.39 21.06 136,900 21.24 $40.21 - $43.40 4,350 1.22 43.38 4,350 43.38 $5.20 - $43.40 781,804 6.63 11.48 495,206 12.88
Weighted-average Assumptions Used in Estimating Fair Value of Option Grants by Using Black-Scholes-Merton Model	The fair value of option grants was estimated using the Black-Scholes-Merton model with the following weighted-average assumptions for the years ended December 31: 2015 2014 Risk-free interest rate N/A 1.54 % Expected volatility N/A 88.7 % Expected term in years N/A 4.79 Dividend yield N/A None
Summary of Restricted Stock Unit Activity	The following is a summary of restricted stock and RSU activity for the year ended December 31, 2015: Number Outstanding Weighted Average Fair Value Weighted Average Remaining Contractual Term (Years) Average Intrinsic Value Balance at December 31, 2014 542,342 $ 13.74 Granted 285,247 12.34 Vested (52,421 ) 14.53 Forfeited (53,250 ) 11.17 Balance at December 31, 2015 721,918 $ 13.32 1.3 $ 1,436,619
Stock-Based Compensation Expense	The following table illustrates all stock-based compensation expense related to the ESPP, stock options and RSUs included in the consolidated statements of operations for the years ended December 31, 2015 and 2014 (in thousands): Year Ended December 31, 2015 2014 Cost of revenue $ 85 $ 36 Research and development 324 142 Selling and marketing 1,085 303 General and administrative 3,022 1,396 Total $ 4,516 $ 1,877
Summary of Common Stock Reserved For Future Issuance	Common stock reserved for future issuance as of December 31, 2015 was as follows: Exercise of outstanding stock options and vesting of RSUs 1,503,722 ESPP 293,888 Shares of common stock available for grant under the 2011 Plan 218,244 Noncontrolling interest in Bluehill AG 10,355 Warrants to purchase common stock 741,047 Total 2,767,256

Balance Sheet Components (Table

Balance Sheet Components (Tables)	12 Months Ended
	Dec. 31, 2015
Statement Of Financial Position [Abstract]
Inventories	The Company’s inventories are stated at the lower of cost or market. Inventories consist of (in thousands): December 31, 2015 2014 Raw materials $ 5,033 $ 3,272 Work-in-progress 12 571 Finished goods 9,681 5,411 Total $ 14,726 $ 9,254
Property and Equipment, Net	Property and equipment, net consists of (in thousands): December 31, 2015 2014 Building and leasehold improvements $ 2,670 $ 1,298 Furniture, fixtures and office equipment 2,242 4,236 Plant and machinery 8,858 6,732 Purchased software 2,510 2,520 Total 16,280 14,786 Accumulated depreciation (12,062 ) (9,475 ) Property and equipment, net $ 4,218 $ 5,311
Other Accrued Expenses and Liabilities	Other accrued expenses and liabilities consist of (in thousands): December 31, 2015 2014 Accrued restructuring $ 633 $ 1,377 Accrued professional fees 1,731 679 Income taxes payable 282 275 Other accrued expenses 3,189 2,140 Total $ 5,835 $ 4,471

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2015
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill by Segment and Changes in Carrying Amount of Goodwill	The following table presents goodwill by reporting unit, which is the same as operating segment, as of December 31, 2015 and 2014 as well as changes in the carrying amount of goodwill (in thousands): Premises(1) Credentials(1) Identity(1) All Other(1) Total Balance at December 31, 2014 $ 7,783 $ — $ 1,070 $ — $ 8,853 Goodwill impairment during the year (7,783 ) — (988 ) — (8,771 ) Currency translation adjustment — — (82 ) — (82 ) Balance at December 31, 2015 $ — $ — $ — $ — $ — (1) During the first quarter of 2014, in connection with the Company's 2014 organizational realignment, certain prior period amounts were reclassified to conform to the current period's operating segment presentation. A certain amount of goodwill is designated in a currency other than U. S. dollars and is adjusted each reporting period for the change in foreign exchange rates between balance sheet dates.
Summary of Gross Carrying Amount and Accumulated Amortization for Intangible Assets Resulting from Acquisitions	The following table summarizes the gross carrying amount and accumulated amortization for intangible assets resulting from acquisitions (in thousands): Existing Technology Customer Relationships Trade Name Total Amortization period (in years) 11.75 4.0 – 11.75 1.0 Gross carrying amount at December 31, 2014 $ 4,600 $ 10,701 $ 570 $ 15,871 Accumulated amortization (1,914 ) (4,657 ) (570 ) (7,141 ) Intangible Assets, net at December 31, 2014 $ 2,686 $ 6,044 $ — $ 8,730 Gross carrying amount at December 31, 2015 $ 4,600 $ 10,639 $ 570 $ 15,809 Accumulated amortization (2,361 ) (5,603 ) (570 ) (8,534 ) Intangible Assets, net at December 31, 2015 $ 2,239 $ 5,036 $ — $ 7,275
Amortization Expense Included in Consolidated Statements of Operations	The following table illustrates the amortization expense included in the consolidated statements of operations for the years ended December 31, 2015 and 2014 (in thousands): Years Ended December 31, 2015 2014 Cost of revenue $ 448 $ 448 Selling and marketing 1,007 1,007 Total $ 1,455 $ 1,455
Estimated Future Amortization Expense of Purchased Intangible Assets with Definite Lives	The estimated annual future amortization expense for purchased intangible assets with definite lives over the next five years is as follows (in thousands): 2016 $ 1,455 2017 1,455 2018 1,455 2019 1,455 Thereafter 1,455 Total $ 7,275

Long-Term Payment Obligation (T

Long-Term Payment Obligation (Tables)	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Payment Obligations To Former Related Party Liability	The ongoing payment obligation in connection with the Hirsch acquisition as of December 31, 2015 is as follows (in thousands): 2016 $ 1,160 2017 1,200 2018 1,248 2019 1,298 2020 1,444 Thereafter 372 Present value discount factor (1,163 ) Total $ 5,559

Financial Liabilities (Tables)

Financial Liabilities (Tables)	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Financial Liabilities	Financial liabilities consist of (in thousands): December 31, December 31, 2015 2014 Secured term loan $ 10,000 $ 10,000 Bank revolving loan facility 8,300 4,300 Less: Unamortized discount (196 ) (362 ) Long-term financial liabilities $ 18,104 $ 13,938
Company's Financial Obligations	The following table summarizes the timing of repayment obligations for the Company’s financial liabilities for the next five years under the terms of the Amended Credit Agreement as of December 31, 2015 (in thousands): 2016 2017 2018 2019 Total Bank term loan and revolving loan facility $ — $ 18,300 $ — $ — $ 18,300

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Loss before Income Taxes for Domestic and Non-U.S. Continuing Operations	Loss before income taxes for domestic and non-U.S. continuing operations is as follows: (In thousands) 2015 2014 Loss from continuing operations before income taxes and noncontrolling interest: U.S. $ (43,518 ) $ (16,022 ) Foreign 4,520 (2,307 ) Loss from continuing operations before income taxes and noncontrolling interest $ (38,998 ) $ (18,329 )
Benefit (Provision) for Income Taxes	The benefit (provision) for income taxes consisted of the following: December 31, (In thousands) 2015 2014 Deferred: Federal $ — $ — State — — Foreign — — $ — $ — Current Federal $ — $ 44 State (16 ) 56 Foreign (206 ) (195 ) Total current (222 ) (95 ) Total provision for income taxes $ (222 ) $ (95 )
Significant Items Making up Deferred Tax Assets and Liabilities	Significant items making up deferred tax assets and liabilities are as follows: December 31, (In thousands) 2015 2014 Deferred tax assets: Allowances not currently deductible for tax purposes $ 3,481 $ 3,555 Net operating loss carryforwards 62,779 60,774 Accrued and other 8,781 2,759 75,041 67,088 Less valuation allowance (70,478 ) (62,646 ) 4,563 4,442 Deferred tax liability: Depreciation and amortization (2,774 ) (3,525 ) Other (1,789 ) (917 ) (4,563 ) (4,442 ) Net deferred tax liability $ — $ —
Reconciliation of Statutory Federal Income Tax Rate to Effective Income Tax Rate	The (benefit) provision for income taxes reconciles to the amount computed by applying the statutory federal tax rate to the loss before income taxes from continuing operation is as follows: December 31, (In thousands) 2015 2014 Income tax expense (benefit) at statutory federal tax rate of 34% $ (13,247 ) $ (6,035 ) Earn-out consideration — 1,193 State taxes, net of federal benefit 11 (37 ) Foreign taxes benefits provided for at rates other than U.S statutory rate (1,349 ) 965 Change in valuation allowance 11,728 3,845 Goodwill impairment 2,646 — Permanent differences 731 492 Other (298 ) (328 ) Total provision for income taxes $ 222 $ 95
Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits	A reconciliation of the beginning and ending amount of unrecognized tax benefits with an impact on the Company’s consolidated balance sheets or results of operations is as follows: (In thousands) 2015 2014 Balance at January 1 $ 2,886 $ 2,800 Additions based on tax positions related to the current year 352 319 Additions for tax positions of prior years — 4 Reductions in prior year tax positions — (125 ) Reductions in prior year tax positions due to completion of audit — — Other reductions in prior year tax positions (15 ) (112 ) Balance at December 31 $ 3,223 $ 2,886

Segment Reporting and Geograp32

Segment Reporting and Geographic Information (Tables)	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Information Regarding Net Revenue and Gross Profit by Segment	Net revenue and gross profit information by segment for the years ended December 31, 2015 and 2014 are as follows (in thousands): Year Ended December 31, 2015 2014 Premises: Net revenue $ 19,963 $ 19,033 Gross profit 11,522 11,358 Gross profit margin 58 % 60 % Identity: Net revenue 11,950 17,045 Gross profit 5,040 8,232 Gross profit margin 42 % 48 % Credentials: Net revenue 27,336 41,565 Gross profit 5,613 11,898 Gross profit margin 21 % 29 % All Other: Net revenue 1,545 3,606 Gross profit 974 1,968 Gross profit margin 63 % 55 % Total: Net revenue 60,794 81,249 Gross profit 23,149 33,456 Gross profit margin 38 % 41 % Operating expenses: Research and development 9,151 6,902 Selling and marketing 20,236 20,635 General and administrative 19,604 12,751 Earn-out consideration — 3,510 Impairment of goodwill 8,771 — Restructuring and severance 1,266 3,098 Total operating expenses: 59,028 46,896 Loss from operations (35,879 ) (13,440 ) Non-operating income (expense): Interest expense, net (1,908 ) (3,619 ) Foreign currency loss (gain), net (1,211 ) (1,270 ) Loss from continuing operations before income taxes and noncontrolling interest $ (38,998 ) $ (18,329 )
Information Regarding Net Revenue by Geographic Region	Geographic net revenue is based on customer’s ship-to location. Information regarding net revenue by geographic region is as follows (in thousands): Year Ended December 31, 2015 2014 Americas United States $ 40,848 $ 51,318 Other — 4 Total Americas 40,848 51,322 Europe and the Middle East 9,472 15,835 Asia-Pacific 10,474 14,092 Total $ 60,794 $ 81,249 Revenues Americas 67 % 63 % Europe and the Middle East 16 % 20 % Asia-Pacific 17 % 17 % Total 100 % 100 %
Long-Lived Assets by Geographic Location	Long-lived assets by geographic location as of December 31, 2015 and 2014 are as follows (in thousands): December 31, December 31, 2015 2014 Property and equipment, net: Americas United States $ 2,096 $ 2,134 Other — — Total Americas 2,096 2,134 Europe and the Middle East Germany 295 1,252 Total Europe and the Middle East 295 1,252 Asia-Pacific Singapore 1,807 1,867 Other 20 58 Total Asia-Pacific 1,827 1,925 Total property and equipment, net $ 4,218 $ 5,311
Summary of Company's Net Revenues	The Company’s net revenue is represented by the following product categories as of December 31, 2015 and 2014 (in thousands): Year Ended December 31, 2015 2014 Tags and transponders $ 20,310 $ 34,659 Logical and physical access control readers 17,165 21,084 Controller panels 10,272 9,215 Access cards and provisioning 7,394 7,413 Third party access control products 1,523 2,097 Other 4,130 6,781 Total $ 60,794 $ 81,249

Restructuring and Severance (Ta

Restructuring and Severance (Tables)	12 Months Ended
	Dec. 31, 2015
Restructuring And Related Activities [Abstract]
Restructuring and Severance	All unpaid restructuring and severance accruals are included in other accrued expenses and liabilities within current liabilities in the consolidated balance sheets at December 31, 2015 and 2014, respectively. Restructuring and severance activities during the year ended December 31, 2015 were as follows (in thousands): Restructuring and Severance Balance at December 31, 2014 $ 1,377 Restructuring expense incurred and changes in estimates 1,266 Other cost reduction activities 81 Payments and non-cash item adjustment (2,091 ) Balance at December 31, 2015 $ 633

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2015
Commitments And Contingencies Disclosure [Abstract]
Summary of Principal Contractual Obligations	The following table summarizes the Company’s principal contractual commitments as of December 31, 2015 (in thousands): Operating Leases Purchase Commitments Other Contractual Commitments Total 2016 $ 1,737 $ 8,153 $ 9 $ 9,899 2017 1,191 — 6 1,197 2018 430 — — 430 2019 328 — — 328 2020 329 — — 329 Thereafter 110 — — 110 $ 4,125 $ 8,153 $ 15 $ 12,293

Organization and Summary of S35

Organization and Summary of Significant Accounting Policies - Additional Information (Detail) $ / shares in Units, $ in Thousands, shares in Millions	May. 22, 2014$ / sharesshares	Dec. 31, 2015USD ($)Customer$ / shares	Dec. 31, 2014USD ($)Customer$ / shares
Accounting Policies [Line Items]
Reverse stock split, conversion ratio	0.1
Stock issued during period, Shares, Stock splits | shares	80
Decrease in stock issued during period shares stock splits | shares	8
Common stock, par value | $ / shares	$ 0.001	$ 0.001	$ 0.001
Amortization expense		$ 1,455	$ 1,455
Concentration Risk, Customer		One customer accounted 14% of net revenue for the year ended December 31, 2015, and one customer accounted for 23% of net revenue for the year ended December 31, 2014. No customers accounted for more than 10% of the Company’s accounts receivable balance as of December 31, 2015. Two customers accounted for more than 10% of the Company’s accounts receivable balance at December 31, 2014.
Number of major customer represented stated percentage of total net revenue | Customer		1	1
Number of customers who accounted for more than 10% accounts receivable balance | Customer		0	2
Foreign currency translation and transactions loss		$ (1,200)	$ (1,300)
Net Revenue | Customer Concentration Risk
Accounting Policies [Line Items]
Percentage concentration risk		14.00%	23.00%
Furniture, Fixtures and Office Equipment | Minimum
Accounting Policies [Line Items]
Property and equipment, estimated useful lives		3 years
Furniture, Fixtures and Office Equipment | Maximum
Accounting Policies [Line Items]
Property and equipment, estimated useful lives		10 years
Plant and Machinery | Minimum
Accounting Policies [Line Items]
Property and equipment, estimated useful lives		5 years
Plant and Machinery | Maximum
Accounting Policies [Line Items]
Property and equipment, estimated useful lives		7 years
Automobiles
Accounting Policies [Line Items]
Property and equipment, estimated useful lives		5 years
Purchased Software
Accounting Policies [Line Items]
Property and equipment, estimated useful lives		3 years
Research and Development
Accounting Policies [Line Items]
Estimated useful life, Internal-use software		3 years
Amortization expense		$ 300	$ 100

Discontinued Operations - Addit

Discontinued Operations - Additional Information (Detail) - USD ($)	3 Months Ended	6 Months Ended	12 Months Ended
	Dec. 31, 2013	Jun. 30, 2014	Dec. 31, 2015	Dec. 31, 2014
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Percentage of shares agreed to sell	80.10%
Gain on sale of discontinued operations				$ 459,000
Gain on sale of discontinued operations, income taxes			$ 0	0
Cash consideration on sale of non-core assets		$ 100,000
Multicard US
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Proceed from divesture of business	$ 1,200,000
Gain on sale of discontinued operations				$ 400,000

Components of Income (Loss) fro

Components of Income (Loss) from Discontinued Operations (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2014USD ($)
Discontinued Operations And Disposal Groups [Abstract]
Net revenue	$ 1,276
Discontinued operations:
Income from discontinued operations before income taxes	62
Income from discontinued operations, net of income taxes	62
Gain on sale of discontinued operations, net of income taxes of nil	459
Income from discontinued operations, net of income taxes	$ 521

Components of Income (Loss) f38

Components of Income (Loss) from Discontinued Operations (Parenthetical) (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Discontinued Operations And Disposal Groups [Abstract]
Gain on sale of discontinued operations, income taxes	$ 0	$ 0

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Jun. 30, 2015	Dec. 31, 2013
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Asset measured and recognized at fair value on recurring basis	$ 0	$ 0
Earn-out consideration		3,510,000
Earn-out liability		3,510,000
Fair Value, Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Earn-out consideration	0	3,510,000
Earn-out liability	$ 0	3,510,000		$ 0
SPA
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Earn-out consideration		3,510,000
Earn-out liability			$ 3,510,000
Common shares issuance lock-up period	12 months
Maximum | SPA
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Earn-out consideration related to the acquisition		5,000,000
Fair Value, Measurements, Recurring
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Cash equivalent at recurring basis	$ 0	0
Fair Value Measurements, Non-recurring
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value liabilities measured and recognized	0	0
Fair Value Measurements, Non-recurring | Fair Value, Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Privately-held investments measured at fair value	$ 300,000	$ 300,000

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Earn-Out Liability (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Balance at January 1, 2014	$ 3,510
Earn-out consideration		$ 3,510
Balance at December 31, 2014		3,510
Issuance of shares to settle earn-out obligation	(3,510)
Fair Value, Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Balance at January 1, 2014	3,510	0
Earn-out consideration	0	3,510
Balance at December 31, 2014	0	$ 3,510
Issuance of shares to settle earn-out obligation	$ (3,510)

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail)	Oct. 09, 2014USD ($)	Sep. 16, 2014USD ($)$ / sharesshares	May. 22, 2014	Aug. 14, 2013USD ($)$ / sharesshares	Jun. 06, 2011shares	Nov. 30, 2010$ / sharesshares	Dec. 31, 2015USD ($)$ / sharesshares	Dec. 31, 2014USD ($)$ / sharesshares	Jun. 30, 2010shares
Stockholders Equity [Line Items]
Reverse stock split, conversion ratio			0.1
Preferred stock, shares authorized							10,000,000	10,000,000
Preferred stock, par value | $ / shares							$ 0.001	$ 0.001
Preferred stock, outstanding							0	0
Issuance of common stock in connection with common stock offerings (in shares)				834,847
Shares issued, price per share | $ / shares				$ 8.50
Number of additional common stock to be purchased by the warrant						409,763
Warrant exercise price | $ / shares				$ 10		$ 26.50
Issuance of common stock in connection with capital raise and common stock offerings, net of issuance costs | $				$ 7,100,000				$ 35,755,000
Cash paid to placement agent | $				$ 600,000
Additional warrants issued to purchase common stock				100,000
Common stock reserved for future issuance							2,767,256
Stock-based compensation expense | $							$ 4,667,000	$ 2,163,000
Stock options, outstanding number							781,804	897,115
Exercise share warrant							5,180	27,733
Unrecognized compensation expense | $							$ 1,500,000
Unrecognized stock-based compensation expense, weighted average period of recognition							2 years 2 months 12 days
Shares excluded from calculation of diluted loss per share							2,255,124	1,354,866
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax | $							$ 2,200,000	$ 1,700,000
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Net of Tax | $							444,000
Repurchase of common stock | $	$ 5,000,000						$ 1,800,000
Repurchase of common stock, Period	1 year
Repurchase of common stock (in shares)							358,502
Employee Stock Option
Stockholders Equity [Line Items]
Weighted-average grant date fair value per option for options granted | $ / shares							$ 0	$ 9.71
Employee Stock Option | Minimum
Stockholders Equity [Line Items]
Stock options plans expiration period							7 years
Employee Stock Option | Maximum
Stockholders Equity [Line Items]
Stock options plans expiration period							10 years
Stock Options One
Stockholders Equity [Line Items]
Percentage of stock options vesting							25.00%
Stock options vesting period							4 years
Stock Options Two
Stockholders Equity [Line Items]
Percentage of stock options vesting							25.00%
Stock options vesting period							1 year
Stock Options Five
Stockholders Equity [Line Items]
Percentage of stock options vesting							100.00%
Stock Options Three
Stockholders Equity [Line Items]
Percentage of stock options vesting							100.00%
Stock options vesting period							1 year
Stock Options Four
Stockholders Equity [Line Items]
Stock options vesting period							4 years
Stock Option Plan 1997
Stockholders Equity [Line Items]
Stock options, outstanding number							11,509
Stock Option Plan 2000
Stockholders Equity [Line Items]
Stock options, outstanding number							15,169
Stock Option Plan 2007
Stockholders Equity [Line Items]
Stock options, outstanding number							53,560
Stock Option Plan 2011
Stockholders Equity [Line Items]
Stock options, outstanding number							709,644
Restricted Stock Units (RSUs)
Stockholders Equity [Line Items]
Unrecognized compensation expense | $							$ 5,300,000
Unrecognized stock-based compensation expense, weighted average period of recognition							2 years 6 months
Restricted Stock And R S U
Stockholders Equity [Line Items]
Repurchase of common stock (in shares)							15,143
Stock Option Plan Twenty Ten
Stockholders Equity [Line Items]
Common stock reserved for future issuance									300,000
Stock Option Plan 2011
Stockholders Equity [Line Items]
Common stock reserved for future issuance					400,000
Authorized					459,956
Number of shares available for grant					859,956
Stock Incentive Plan Twenty Eleven
Stockholders Equity [Line Items]
Common stock reserved for future issuance							218,244
Stock Incentive Plan Twenty Eleven | Restricted Stock Units (RSUs)
Stockholders Equity [Line Items]
Aggregate restricted stock units outstanding							721,918
Consultant Warrant
Stockholders Equity [Line Items]
Number of additional common stock to be purchased by the warrant							85,000
Warrant exercise price | $ / shares							$ 10.70
Warrants expiration date							Aug. 31, 2019
Warrants exercised							0
Opus Warrant
Stockholders Equity [Line Items]
Warrant exercise price | $ / shares							$ 9.90
Opus Warrant | Opus Bank
Stockholders Equity [Line Items]
Number of additional common stock to be purchased by the warrant							100,000
Warrant exercise price | $ / shares							$ 9.90
Warrants expiration date							Mar. 31, 2014
Warrants exercised							0
Underwritten Public Offering
Stockholders Equity [Line Items]
Issuance of common stock in connection with common stock offerings (in shares)		2,000,000
Initial Public Offering
Stockholders Equity [Line Items]
Issuance of common stock in connection with common stock offerings (in shares)		2,300,000
Shares issued, price per share | $ / shares		$ 15
Issuance cost of common stock | $		$ 400,000
Net proceeds from sale of common stock in public offering | $		31,600,000
Underwriting discount on issuance of shares | $		$ 2,500,000
Over-Allotments
Stockholders Equity [Line Items]
Common stock additional shares issued		300,000
Employee Stock Purchase Plan
Stockholders Equity [Line Items]
Common stock reserved for future issuance							293,888
Stock-based compensation expense | $							$ 0	$ 0
Temporary suspension effective date							Jan. 1, 2014
Private Placement Investors
Stockholders Equity [Line Items]
Number of additional common stock to be purchased by the warrant				834,847
Private Placement
Stockholders Equity [Line Items]
Issuance cost of common stock | $				$ 800,000
Private Placement Agent.
Stockholders Equity [Line Items]
Number of additional common stock to be purchased by the warrant				100,000
Series A Preferred Stock
Stockholders Equity [Line Items]
Preferred stock, shares authorized							40,000	40,000
Preferred stock, par value | $ / shares							$ 0.001	$ 0.001
Preferred stock, outstanding							0	0

Summary of Outstanding Warrants

Summary of Outstanding Warrants Issued (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2015	Aug. 14, 2013	Nov. 30, 2010
Class Of Warrant Or Right [Line Items]
Shares Issuable Pursuant to the Exercise of Warrants	371,878
Weighted Average Exercise Price		$ 10	$ 26.50
Consultant Warrant
Class Of Warrant Or Right [Line Items]
Shares Issuable Pursuant to the Exercise of Warrants	85,000
Weighted Average Exercise Price	$ 10.70
Issue Date	Aug. 13, 2014
Expiration Date	Aug. 13, 2019
Opus Warrant
Class Of Warrant Or Right [Line Items]
Shares Issuable Pursuant to the Exercise of Warrants	100,000
Weighted Average Exercise Price	$ 9.90
Issue Date	Mar. 31, 2014
Expiration Date	Mar. 31, 2019
2013 Private Placement Warrants
Class Of Warrant Or Right [Line Items]
Shares Issuable Pursuant to the Exercise of Warrants	186,878
Weighted Average Exercise Price	$ 10
Issue Date	Aug. 14, 2013
Expiration Date	Aug. 14, 2017

Summary of Activity under Stock

Summary of Activity under Stock-Based Compensation Plans (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Stock Options Number Outstanding
Beginning Balance	897,115
Cancelled or expired	(110,131)
Exercised	(5,180)	(27,733)
Ending Balance	781,804	897,115
Vested or expected to vest at December 31, 2015	744,258
Exercisable at December 31, 2015	495,206
Stock Options Average Exercise Price per share
Beginning Balance	$ 12.09
Cancelled or expired	16.64
Exercised	8.01
Ending Balance	11.48	$ 12.09
Vested or expected to vest at December 31, 2015	11.59
Exercisable at December 31, 2015	$ 12.88
Stock Options Remaining Contractual Life (in years)
Remaining Contractual Life	6 years 8 months 19 days
Vested or expected to vest at December 31, 2015	6 years 6 months 15 days
Exercisable at December 31, 2015	5 years 10 months 6 days

Summary Information about Optio

Summary Information about Options Outstanding (Detail)	12 Months Ended
	Dec. 31, 2015$ / sharesshares
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Range of Exercise Prices, lower limit	$ 5.20
Range of Exercise Prices, upper limit	$ 43.40
Options Number Outstanding | shares	781,804
Options Outstanding Weighted Average Remaining Contractual Life (Years)	6 years 7 months 17 days
Options Outstanding Weighted Average Exercise Price	$ 11.48
Options Number Exercisable | shares	495,206
Options Exercisable Weighted Average Exercise Price	$ 12.88
Range 1
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Range of Exercise Prices, lower limit	5.20
Range of Exercise Prices, upper limit	$ 8.40
Options Number Outstanding | shares	158,222
Options Outstanding Weighted Average Remaining Contractual Life (Years)	7 years 7 months 2 days
Options Outstanding Weighted Average Exercise Price	$ 6.40
Options Number Exercisable | shares	100,345
Options Exercisable Weighted Average Exercise Price	$ 6.64
Range 2
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Range of Exercise Prices, lower limit	8.41
Range of Exercise Prices, upper limit	$ 8.80
Options Number Outstanding | shares	230,688
Options Outstanding Weighted Average Remaining Contractual Life (Years)	7 years 10 months 2 days
Options Outstanding Weighted Average Exercise Price	$ 8.80
Options Number Exercisable | shares	106,382
Options Exercisable Weighted Average Exercise Price	$ 8.80
Range 3
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Range of Exercise Prices, lower limit	8.81
Range of Exercise Prices, upper limit	$ 12
Options Number Outstanding | shares	247,769
Options Outstanding Weighted Average Remaining Contractual Life (Years)	6 years 9 months 18 days
Options Outstanding Weighted Average Exercise Price	$ 11.21
Options Number Exercisable | shares	147,229
Options Exercisable Weighted Average Exercise Price	$ 11.41
Range 4
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Range of Exercise Prices, lower limit	12.01
Range of Exercise Prices, upper limit	$ 40.20
Options Number Outstanding | shares	140,775
Options Outstanding Weighted Average Remaining Contractual Life (Years)	3 years 4 months 21 days
Options Outstanding Weighted Average Exercise Price	$ 21.06
Options Number Exercisable | shares	136,900
Options Exercisable Weighted Average Exercise Price	$ 21.24
Range 5
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Range of Exercise Prices, lower limit	40.21
Range of Exercise Prices, upper limit	$ 43.40
Options Number Outstanding | shares	4,350
Options Outstanding Weighted Average Remaining Contractual Life (Years)	1 year 2 months 19 days
Options Outstanding Weighted Average Exercise Price	$ 43.38
Options Number Exercisable | shares	4,350
Options Exercisable Weighted Average Exercise Price	$ 43.38

Weighted-Average Assumptions Us

Weighted-Average Assumptions Used in Estimating Fair Value of Option Grants by Using Black-Scholes-Merton Model (Detail)	12 Months Ended
	Dec. 31, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Risk-free interest rate	1.54%
Expected volatility	88.70%
Expected term in years	4 years 9 months 15 days
Dividend yield	0.00%

Summary of Restricted Stock and

Summary of Restricted Stock and RSU Activity (Detail) - Restricted Stock And Restricted Stock Units	12 Months Ended
	Dec. 31, 2015USD ($)$ / sharesshares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Beginning Balance | shares	542,342
Granted | shares	285,247
Vested | shares	(52,421)
Forfeited | shares	(53,250)
Ending Balance | shares	721,918
Beginning Balance | $ / shares	$ 13.74
Granted | $ / shares	12.34
Vested | $ / shares	14.53
Forfeited | $ / shares	11.17
Ending Balance | $ / shares	$ 13.32
Weighted Average Remaining Contractual Term	1 year 3 months 18 days
Average Intrinsic Value | $	$ 1,436,619

Stock-Based Compensation Expens

Stock-Based Compensation Expense Related To ESPP, Stock Options And RSUs (Detail) - Stock Options And Restricted Stock Units - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-Based Compensation Expense	$ 4,516	$ 1,877
Cost of revenue
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-Based Compensation Expense	85	36
Research and Development Expense
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-Based Compensation Expense	324	142
Selling and Marketing Expense
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-Based Compensation Expense	1,085	303
General and Administrative Expense
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-Based Compensation Expense	$ 3,022	$ 1,396

Summary of Common Stock Reserve

Summary of Common Stock Reserved for Future Issuance (Detail)	Dec. 31, 2015shares
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Common stock reserved for future issuance	2,767,256
Warrant
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Common stock reserved for future issuance	741,047
Stock Options And Restricted Stock Units
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Common stock reserved for future issuance	1,503,722
Bluehill AG
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Common stock reserved for future issuance	10,355
Stock Incentive Plan Twenty Eleven
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Common stock reserved for future issuance	218,244
Employee Stock Purchase Plan
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Common stock reserved for future issuance	293,888

Inventories (Detail)

Inventories (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Inventory Disclosure [Abstract]
Raw materials	$ 5,033	$ 3,272
Work-in-progress	12	571
Finished goods	9,681	5,411
Total	$ 14,726	$ 9,254

Property and Equipment, Net (De

Property and Equipment, Net (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Property Plant And Equipment [Line Items]
Property and equipment, gross	$ 16,280	$ 14,786
Accumulated depreciation	(12,062)	(9,475)
Property and equipment, net	4,218	5,311
Building and Leasehold Improvements
Property Plant And Equipment [Line Items]
Property and equipment, gross	2,670	1,298
Furniture, Fixtures and Office Equipment
Property Plant And Equipment [Line Items]
Property and equipment, gross	2,242	4,236
Plant and Machinery
Property Plant And Equipment [Line Items]
Property and equipment, gross	8,858	6,732
Purchased Software
Property Plant And Equipment [Line Items]
Property and equipment, gross	$ 2,510	$ 2,520

Balance Sheet Components - Addi

Balance Sheet Components - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Property Plant And Equipment [Abstract]
Depreciation expense	$ 1.7	$ 1.6

Other Accrued Expenses and Liab

Other Accrued Expenses and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Accrued Liabilities And Other Liabilities Current [Abstract]
Accrued restructuring	$ 633	$ 1,377
Accrued professional fees	1,731	679
Income taxes payable	282	275
Other accrued expenses	3,189	2,140
Total	$ 5,835	$ 4,471

Goodwill by Segment and Changes

Goodwill by Segment and Changes in Carrying Amount of Goodwill (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)
Goodwill [Line Items]
Beginning Balance	$ 8,853
Goodwill impairment during the year	(8,771)
Currency translation adjustment	(82)
Premises
Goodwill [Line Items]
Beginning Balance	7,783	[1]
Goodwill impairment during the year	(7,783)	[1]
Identity
Goodwill [Line Items]
Beginning Balance	1,070	[1]
Goodwill impairment during the year	(988)	[1]
Currency translation adjustment	$ (82)	[1]
[1]	During the first quarter of 2014, in connection with the Company's 2014 organizational realignment, certain prior period amounts were reclassified to conform to the current period's operating segment presentation. A certain amount of goodwill is designated in a currency other than U. S. dollars and is adjusted each reporting period for the change in foreign exchange rates between balance sheet dates.

Goodwill and Intangible Asset54

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		12 Months Ended
	Dec. 31, 2015	Jun. 30, 2015	Dec. 31, 2015	Feb. 29, 2016	Oct. 01, 2015
Goodwill And Intangible Assets Disclosure [Line Items]
Impairment of goodwill	$ 7,800	$ 1,000	$ 8,771
Stock price	$ 1.99		$ 1.99		$ 3.64
Subsequent Event
Goodwill And Intangible Assets Disclosure [Line Items]
Stock price				$ 1.56

Summary of Gross Carrying Amoun

Summary of Gross Carrying Amount and Accumulated Amortization for Intangible Assets Resulting from Acquisitions (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Acquired Intangible Assets By Major Class [Line Items]
Gross carrying amount	$ 15,809	$ 15,871
Accumulated amortization	(8,534)	(7,141)
Intangible Assets, net	$ 7,275	8,730
Existing Technology
Acquired Intangible Assets By Major Class [Line Items]
Amortization period (in years)	11 years 9 months
Gross carrying amount	$ 4,600	4,600
Accumulated amortization	(2,361)	(1,914)
Intangible Assets, net	2,239	2,686
Customer Relationship
Acquired Intangible Assets By Major Class [Line Items]
Gross carrying amount	10,639	10,701
Accumulated amortization	(5,603)	(4,657)
Intangible Assets, net	$ 5,036	6,044
Customer Relationship | Minimum
Acquired Intangible Assets By Major Class [Line Items]
Amortization period (in years)	4 years
Customer Relationship | Maximum
Acquired Intangible Assets By Major Class [Line Items]
Amortization period (in years)	11 years 9 months
Trade Name
Acquired Intangible Assets By Major Class [Line Items]
Amortization period (in years)	1 year
Gross carrying amount	$ 570	570
Accumulated amortization	$ (570)	$ (570)

Amortization Expense Included i

Amortization Expense Included in Consolidated Statements of Operations (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Finite Lived Intangible Assets [Line Items]
Amortization expense	$ 1,455	$ 1,455
Cost of revenue
Finite Lived Intangible Assets [Line Items]
Amortization expense	448	448
Selling and Marketing Expense
Finite Lived Intangible Assets [Line Items]
Amortization expense	$ 1,007	$ 1,007

Estimated Future Amortization E

Estimated Future Amortization Expense of Purchased Intangible Assets with Definite Lives (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Goodwill And Intangible Assets Disclosure [Abstract]
2,016	$ 1,455
2,017	1,455
2,018	1,455
2,019	1,455
Thereafter	1,455
Intangible Assets, net	$ 7,275	$ 8,730

Long-Term Payment Obligation -

Long-Term Payment Obligation - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2012
Related Party Transaction [Line Items]
Interest accreted on long-term payment obligation	$ 0.5	$ 0.6
Secure Keyboards Ltd
Related Party Transaction [Line Items]
Percentage of ownership by a related party following acquisition	24.50%		30.00%
Secure Networks Ltd
Related Party Transaction [Line Items]
Percentage of ownership by a related party following acquisition			9.00%
Settlement Agreement | Maximum
Related Party Transaction [Line Items]
Installment payment, contractual payment year	2,020

Payment Obligation in Connectio

Payment Obligation in Connection with Hirsch Acquisition (Detail) - Hirsch Electronics $ in Thousands	Dec. 31, 2015USD ($)
Related Party Transaction [Line Items]
2,016	$ 1,160
2,017	1,200
2,018	1,248
2,019	1,298
2,020	1,444
Thereafter	372
Present value discount factor	(1,163)
Total	$ 5,559

Financial Liabilities (Detail)

Financial Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Less: Unamortized discount	$ (196)	$ (362)
Long-term financial liabilities	18,104	13,938
Secured Term Loan
Debt Instrument [Line Items]
Debt, gross	10,000	10,000
Bank Revolving Loan Facility
Debt Instrument [Line Items]
Debt, gross	$ 8,300	$ 4,300

Financial Liabilities - Additio

Financial Liabilities - Additional Information (Detail) - USD ($)	Dec. 04, 2015	Nov. 10, 2014	Aug. 08, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Jun. 30, 2014	Aug. 14, 2013	Nov. 30, 2010
Debt Instrument [Line Items]
Borrowing capacity under credit facility				$ 10,000,000
Net proceeds from term loan and credit agreement				7,800,000
Debt issuance cost						$ 601,000
Warrant exercise price								$ 10	$ 26.50
Revolving credit agreement amendment date		Nov. 10, 2014
Revolving credit agreement date		Mar. 31, 2014
Credit facility and term loan maturity date		Mar. 31, 2017
Additional loan fee payable to lender		$ 75,000
Percentage of lender fee on revolving loan facility		0.333%
Fee payable to lender		$ 100,000
Opus Bank
Debt Instrument [Line Items]
Revolving credit agreement amendment date	Dec. 4, 2015
Credit agreement, financial covenant description					Tangible Net Worth. Permit the sum of the Consolidated Tangible Net Worth plus the amount shown on the Borrower’s current balance sheet for the 1994 Settlement Agreement to be less than the sum of $8,000,000 plus, an amount equal to 50% of the amount of any Cash proceeds from any equity or Subordinated Debt issued by the Borrower after December 1, 2015 as of the end of any fiscal quarter of the Borrower measured quarterly beginning at the end of the fiscal quarter ending December 31, 2015.
Percentage of Cash Proceeds from Equity or Subordinated Debt	50.00%
Maximum | Opus Bank
Debt Instrument [Line Items]
Consolidated tangible net worth amount	$ 8,000,000
Amended Credit Agreement
Debt Instrument [Line Items]
Amount borrowed under term loan					$ 18,300,000
Borrowing capacity under credit facility		$ 30,000,000
Credit facility and term loan maturity date		Nov. 10, 2017
Debt instrument, payment terms					monthly
Revolving credit facility interest rate term					Under the terms of the Amended Credit Agreement, both the principal amount of the Term Loan and the principal amount outstanding under the Revolving Loan Facility bear interest at a floating rate equal to: (a) if the Company holds more than $30.0 million in cash with Opus, the greater of (i) the prime rate plus 1.50% and (ii) 4.75%; (b) if the Company holds $30.0 million or less but more than $20.0 million in cash with Opus, the greater of (i) the prime rate plus 2.25% and (ii) 5.50%; or (c) if the Company holds $20.0 million or less in cash with Opus, the greater of (i) the prime rate plus 2.75% and (ii) 6.00%. Interest on both facilities continues to be payable monthly.
Scenario One | Amended Credit Agreement
Debt Instrument [Line Items]
Debt instrument, interest rate		4.75%
Scenario One | Amended Credit Agreement | Minimum
Debt Instrument [Line Items]
Cash held with opus		$ 30,000,000
Scenario Two | Amended Credit Agreement
Debt Instrument [Line Items]
Debt instrument, interest rate		5.50%
Scenario Two | Amended Credit Agreement | Minimum
Debt Instrument [Line Items]
Cash held with opus		$ 20,000,000
Scenario Two | Amended Credit Agreement | Maximum
Debt Instrument [Line Items]
Cash held with opus		$ 30,000,000
Scenario Three | Amended Credit Agreement
Debt Instrument [Line Items]
Debt instrument, interest rate		6.00%
Scenario Three | Amended Credit Agreement | Maximum
Debt Instrument [Line Items]
Cash held with opus		$ 20,000,000
Prime Rate | Scenario One | Amended Credit Agreement
Debt Instrument [Line Items]
Percentage points added to base rate		1.50%
Prime Rate | Scenario Two | Amended Credit Agreement
Debt Instrument [Line Items]
Percentage points added to base rate		2.25%
Prime Rate | Scenario Three | Amended Credit Agreement
Debt Instrument [Line Items]
Percentage points added to base rate		2.75%
Bank Term Loan
Debt Instrument [Line Items]
Write off of discounts on loan				500,000
Opus Bank
Debt Instrument [Line Items]
Amount borrowed under term loan				10,000,000
Borrowing capacity under credit facility				10,000,000
Amount drawn under credit facility				4,000,000			$ 2,000,000
Debt issuance cost				$ 170,000
Warrants issued to purchase common stock				100,000
Warrant exercise price				$ 9.90
Private placement warrant estimated volatility				92.09%
Private placement warrant dividend yield				0.00%
Private placement warrant expected life (in years)				5 years
Private placement warrant risk free interest rate				1.73%
Private placement warrant fair value				$ 800,000
Bank Revolving Loan Facility
Debt Instrument [Line Items]
Repaid on revolving credit facility			$ 1,700,000
Deferred charges				400,000
Bank Revolving Loan Facility | Opus Bank | Bank Term Loan
Debt Instrument [Line Items]
Payments of debt issuance costs				$ 900,000

Company's Financial Obligations

Company's Financial Obligations (Detail) - Amended Credit Agreement $ in Thousands	Dec. 31, 2015USD ($)
Debt Instrument [Line Items]
2,017	$ 18,300
Total	$ 18,300

Loss before Income Taxes for Do

Loss before Income Taxes for Domestic and Non-U.S. Continuing Operations (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Loss from continuing operations before income taxes and noncontrolling interest:
U.S.	$ (43,518)	$ (16,022)
Foreign	4,520	(2,307)
Loss from continuing operations before income taxes and noncontrolling interest	$ (38,998)	$ (18,329)

Benefit (Provision) for Income

Benefit (Provision) for Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Current
Federal		$ 44
State	$ (16)	56
Foreign	(206)	(195)
Total current	(222)	(95)
Total provision for income taxes	$ (222)	$ (95)

Significant Items Making up Def

Significant Items Making up Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Disclosure Significant Items Making Up Deferred Tax Assets And Liabilities [Abstract]
Allowances not currently deductible for tax purposes	$ 3,481	$ 3,555
Net operating loss carryforwards	62,779	60,774
Accrued and other	8,781	2,759
Deferred Tax Assets, Gross, Total	75,041	67,088
Less valuation allowance	(70,478)	(62,646)
Deferred Tax Assets, Net of Valuation Allowance, Total	4,563	4,442
Depreciation and amortization	(2,774)	(3,525)
Other	(1,789)	(917)
Deferred Tax Liabilities, Gross, Total	$ (4,563)	$ (4,442)

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Taxes [Line Items]
Less valuation allowance	$ 70,478,000	$ 62,646,000
Liabilities for unrecognized tax benefits	3,100,000	2,800,000
Amount of unrecognized tax benefits, which, if recognized, would affect the tax rate	100,000	100,000
Penalties accrued related to unrecognized tax benefits	400	51,000
Interest accrued related to unrecognized tax benefits	3,000	7,000
Recognized total liability for penalties	15,000	15,000
Recognized total liability for interest	24,000	$ 21,000
Federal
Income Taxes [Line Items]
Operating loss carryforwards	89,700,000
State
Income Taxes [Line Items]
Operating loss carryforwards	17,600,000
Foreign
Income Taxes [Line Items]
Operating loss carryforwards	$ 117,500,000

Reconciliation of Difference Be

Reconciliation of Difference Between Company's Income Tax Provision (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Disclosure Reconciliation Of Difference Between Companies Income Tax Provision [Abstract]
Income tax expense (benefit) at statutory federal tax rate of 34%	$ (13,247)	$ (6,035)
Earn-out consideration		1,193
State taxes, net of federal benefit	11	(37)
Foreign taxes benefits provided for at rates other than U.S statutory rate	(1,349)	965
Change in valuation allowance	11,728	3,845
Goodwill impairment	2,646
Permanent differences	731	492
Other	(298)	(328)
Total provision for income taxes	$ 222	$ 95

Reconciliation of Difference 68

Reconciliation of Difference Between Company's Income Tax Provision (Parenthetical) (Detail)	12 Months Ended
	Dec. 31, 2015
Disclosure Reconciliation Of Difference Between Companies Income Tax Provision [Abstract]
Statutory federal tax rate of income tax expense (benefit)	34.00%

Reconciliation of Beginning and

Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Disclosure Reconciliation Of Beginning And Ending Amount Of Unrecognized Tax Benefits [Abstract]
Balance at January 1	$ 2,886	$ 2,800
Additions based on tax positions related to the current year	352	319
Additions for tax positions of prior years		4
Reductions in prior year tax positions		(125)
Other reductions in prior year tax positions	(15)	(112)
Balance at December 31	$ 3,223	$ 2,886

Information Regarding Net Reven

Information Regarding Net Revenue and Gross Profit by Segment (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Dec. 31, 2015	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Net revenue			$ 60,794	$ 81,249
Gross profit			$ 23,149	$ 33,456
Gross profit margin			38.00%	41.00%
Operating expenses:
Research and development			$ 9,151	$ 6,902
Selling and marketing			20,236	20,635
General and administrative			19,604	12,751
Earn-out consideration				3,510
Impairment of goodwill	$ 7,800	$ 1,000	8,771
Restructuring and severance			1,266	3,098
Total operating expenses			59,028	46,896
Loss from operations			(35,879)	(13,440)
Non-operating income (expense):
Interest expense, net			(1,908)	(3,619)
Foreign currency loss (gain), net			(1,211)	(1,270)
Loss from continuing operations before income taxes and noncontrolling interest			(38,998)	(18,329)
Premises
Segment Reporting Information [Line Items]
Net revenue			19,963	19,033
Gross profit			$ 11,522	$ 11,358
Gross profit margin			58.00%	60.00%
Identity
Segment Reporting Information [Line Items]
Net revenue			$ 11,950	$ 17,045
Gross profit			$ 5,040	$ 8,232
Gross profit margin			42.00%	48.00%
Credentials
Segment Reporting Information [Line Items]
Net revenue			$ 27,336	$ 41,565
Gross profit			$ 5,613	$ 11,898
Gross profit margin			21.00%	29.00%
All Other
Segment Reporting Information [Line Items]
Net revenue			$ 1,545	$ 3,606
Gross profit			$ 974	$ 1,968
Gross profit margin			63.00%	55.00%

Information Regarding Net Rev71

Information Regarding Net Revenue by Geographic Region (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Net revenue	$ 60,794	$ 81,249
Percentage of net revenue	100.00%	100.00%
Americas - United States
Segment Reporting Information [Line Items]
Net revenue	$ 40,848	$ 51,318
Americas - Other
Segment Reporting Information [Line Items]
Net revenue		4
Americas
Segment Reporting Information [Line Items]
Net revenue	$ 40,848	$ 51,322
Percentage of net revenue	67.00%	63.00%
Europe And Middle East
Segment Reporting Information [Line Items]
Net revenue	$ 9,472	$ 15,835
Percentage of net revenue	16.00%	20.00%
Asia-Pacific
Segment Reporting Information [Line Items]
Net revenue	$ 10,474	$ 14,092
Percentage of net revenue	17.00%	17.00%

Long-Lived Assets by Geographic

Long-Lived Assets by Geographic Location (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Property and equipment, net	$ 4,218	$ 5,311
Americas - United States
Segment Reporting Information [Line Items]
Property and equipment, net	2,096	2,134
Americas
Segment Reporting Information [Line Items]
Property and equipment, net	2,096	2,134
Europe and the Middle East - Germany
Segment Reporting Information [Line Items]
Property and equipment, net	295	1,252
Europe And Middle East
Segment Reporting Information [Line Items]
Property and equipment, net	295	1,252
Asia-Pacific, Singapore
Segment Reporting Information [Line Items]
Property and equipment, net	1,807	1,867
Asia-Pacific, Other
Segment Reporting Information [Line Items]
Property and equipment, net	20	58
Asia-Pacific
Segment Reporting Information [Line Items]
Property and equipment, net	$ 1,827	$ 1,925

Summary of Company's Net Revenu

Summary of Company's Net Revenues (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Net revenue	$ 60,794	$ 81,249
Tags and transponders
Segment Reporting Information [Line Items]
Net revenue	20,310	34,659
Logical and physical access control readers
Segment Reporting Information [Line Items]
Net revenue	17,165	21,084
Controller panels
Segment Reporting Information [Line Items]
Net revenue	10,272	9,215
Access cards and provisioning
Segment Reporting Information [Line Items]
Net revenue	7,394	7,413
Third party access control products
Segment Reporting Information [Line Items]
Net revenue	1,523	2,097
Other
Segment Reporting Information [Line Items]
Net revenue	$ 4,130	$ 6,781

Restructuring and Severance - A

Restructuring and Severance - Additional Information (Detail) - USD ($) $ in Thousands	Jan. 27, 2016	Dec. 31, 2015	Dec. 31, 2014
Restructuring Cost And Reserve [Line Items]
Restructuring and severance		$ 1,266	$ 3,098
Severance costs		$ 1,300
Subsequent Event
Restructuring Cost And Reserve [Line Items]
Reduction in number of non-manufacturing employee base	25.00%
General and Administrative Expense
Restructuring Cost And Reserve [Line Items]
Severance costs			$ 400

Restructuring and Severance (De

Restructuring and Severance (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Restructuring And Related Activities [Abstract]
Restructuring and Severance Beginning Balance	$ 1,377
Restructuring expense incurred and changes in estimates	1,266	$ 3,098
Other cost reduction activities	81
Payments and non-cash item adjustment	(2,091)
Restructuring and Severance Ending Balance	$ 633	$ 1,377

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Commitment And Contingencies [Line Items]
Operating leases expiration period	6 years
Rent expense	$ 1.8	$ 1.6
Minimum
Commitment And Contingencies [Line Items]
Term of warranties on certain product sales	12 months
Maximum
Commitment And Contingencies [Line Items]
Term of warranties on certain product sales	24 months

Summary of Principal Contractua

Summary of Principal Contractual Obligations (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Operating Leases
2,016	$ 1,737
2,017	1,191
2,018	430
2,019	328
2,020	329
Thereafter	110
Contractual Obligation, Total	4,125
Purchase Commitments
2,016	8,153
Contractual Obligation, Total	8,153
Other Contractual Commitments
2,016	9
2,017	6
Contractual Obligation, Total	15
Total Commitments
2,016	9,899
2,017	1,197
2,018	430
2,019	328
2,020	329
Thereafter	110
Contractual Obligation, Total	$ 12,293

Related Party Transaction - Add

Related Party Transaction - Additional Information (Detail) - USD ($)	1 Months Ended	3 Months Ended	12 Months Ended
	Feb. 29, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014
Related Party Transaction [Line Items]
Earn-out consideration				$ 3,510,000
Earn-out liability				3,510,000
Former CEO
Related Party Transaction [Line Items]
Allocated additional compensation from previously reimbursed expenses				97,868
Repayment of previously reimbursed expenses	$ 35,784
SPA
Related Party Transaction [Line Items]
Earn-out consideration				$ 3,510,000
Earn-out liability		$ 3,510,000
Common shares issuance lock-up period			12 months
SPA | Former CEO
Related Party Transaction [Line Items]
Earn-out liability		$ 3,040,000
Percentage of earn-out liability		87.00%
Common stock shares issued on settlement of Earn-out consideration		294,750
SPA | Former CFO
Related Party Transaction [Line Items]
Earn-out liability		$ 10,500
Percentage of earn-out liability		0.30%
Common stock shares issued on settlement of Earn-out consideration		921

Subsequent Event - Additional I

Subsequent Event - Additional Information (Detail) - USD ($)	Jan. 27, 2016	Dec. 31, 2015
Subsequent Event [Line Items]
Severance payments to employees		$ 1,300,000
Subsequent Event
Subsequent Event [Line Items]
Reduction in number of non-manufacturing employee base	25.00%
Subsequent Event | Minimum
Subsequent Event [Line Items]
Estimated aggregate cash charges on restructuring	$ 1,600,000
Severance payments to employees	1,500,000
Lease termination fees	100,000
Subsequent Event | Maximum
Subsequent Event [Line Items]
Estimated aggregate cash charges on restructuring	2,000,000
Severance payments to employees	1,750,000
Lease termination fees	$ 250,000