Identiv (INVE) 10-Q 15 May 18 2018 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2018	May 04, 2018
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
Trading Symbol	INVE
Entity Registrant Name	Identiv, Inc.
Entity Central Index Key	1,036,044
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		15,172,425

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Current assets:
Cash	$ 16,685	$ 19,052
Accounts receivable, net of allowances of $270 and $306 as of March 31, 2018 and December 31, 2017, respectively	12,518	12,282
Inventories	11,556	11,126
Prepaid expenses and other current assets	1,853	1,779
Total current assets	42,612	44,239
Property and equipment, net	2,151	2,043
Intangible assets, net	10,217	4,365
Goodwill	5,880
Other assets	1,072	715
Total assets	61,932	51,362
Current liabilities:
Accounts payable	7,028	5,863
Current portion - payment obligation	919	888
Current portion - financial liabilities, net of discount and debt issuance costs of $557 and $404, respectively	12,401	9,829
Notes payable	2,000
Deferred revenue	4,327	1,090
Accrued compensation and related benefits	1,897	1,515
Other accrued expenses and liabilities	3,202	2,020
Total current liabilities	31,774	21,205
Long-term payment obligation	2,731	2,998
Long-term financial liabilities, net of discount and debt issuance costs of $424 and $582, respectively	2,622	2,921
Other long-term liabilities	387	385
Total liabilities	37,514	27,509
Commitments and contingencies (see Note 13)
Identiv, Inc. stockholders' equity:
Common stock, $0.001 par value: 50,000 shares authorized; 16,088 and 15,341 shares issued and 15,143 and 14,436 shares outstanding as of March 31, 2018 and December 31, 2017, respectively	16	15
Additional paid-in capital	431,383	428,470
Treasury stock, 947 and 905 shares as of March 31, 2018 and December 31, 2017, respectively	(7,647)	(7,485)
Accumulated deficit	(401,951)	(399,647)
Accumulated other comprehensive income	2,784	2,675
Total Identiv, Inc. stockholders' equity	24,588	24,031
Noncontrolling interest	(170)	(178)
Total stockholders´ equity	24,418	23,853
Total liabilities and stockholders' equity	61,932	51,362
Series B Preferred Stock
Identiv, Inc. stockholders' equity:
Series B Preferred stock, $0.001 par value: 5,000 shares authorized; 0 and 3,000 shares issued and outstanding as of March 31, 2018 and December 31, 2017, respectively	3	3
Total stockholders´ equity	$ 3	$ 3

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Accounts receivable, allowances	$ 270	$ 306
Debt instrument unamortized discount and debt issuance costs, current	557	404
Debt instrument unamortized discount and debt issuance costs, non-current	$ 424	$ 582
Preferred stock, par value	$ 0.001
Preferred stock, shares authorized	10,000,000
Preferred stock, outstanding		0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	16,088,000	15,341,000
Common stock, shares outstanding	15,143,000	14,436,000
Treasury stock, shares	947,000	905,000
Series B Preferred Stock
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, issued	0	3,000,000
Preferred stock, outstanding	0	3,000,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Income Statement [Abstract]
Net revenue	$ 16,528	$ 13,392
Cost of revenue	10,020	7,695
Gross profit	6,508	5,697
Operating expenses:
Research and development	1,687	1,477
Selling and marketing	3,903	3,379
General and administrative	2,555	1,787
Restructuring and severance	110
Total operating expenses	8,255	6,643
Loss from operations	(1,747)	(946)
Non-operating income (expense):
Interest expense, net	(476)	(674)
Gain on extinguishment of debt		977
Foreign currency (losses) gains, net	(38)	(152)
Loss before income taxes and noncontrolling interest	(2,261)	(795)
Income tax (provision) benefit	(40)	118
Loss before noncontrolling interest	(2,301)	(677)
Less: Income attributable to noncontrolling interest	(5)	(10)
Net loss attributable to Identiv, Inc.	$ (2,306)	$ (687)
Basic and diluted net loss per share attributable to Identiv, Inc.	$ (0.15)	$ (0.06)
Weighted average shares used to compute basic and diluted loss per share	15,111	11,127

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Statement Of Income And Comprehensive Income [Abstract]
Net loss	$ (2,301)	$ (677)
Other comprehensive income (loss), net of income taxes:
Foreign currency translation adjustment	112	183
Total other comprehensive income (loss), net of income taxes	112	183
Comprehensive loss	(2,189)	(494)
Less: Comprehensive income attributable to noncontrolling interest	(8)	(6)
Comprehensive loss attributable to Identiv, Inc. common stockholders	$ (2,197)	$ (500)

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENT OF EQUITY (Unaudited) - 3 months ended Mar. 31, 2018 - USD ($) shares in Thousands, $ in Thousands	Total	Series B Convertible Preferred Stock	Common Stock	Additional Paid-in Capital	Treasury Stock	Accumulated Deficit	Accumulated Other Comprehensive Income	Noncontrolling Interest
Beginning Balances at Dec. 31, 2017	$ 23,853	$ 3	$ 15	$ 428,470	$ (7,485)	$ (399,647)	$ 2,675	$ (178)
Beginning Balances (in shares) at Dec. 31, 2017		3,000	14,436
Net loss	(2,301)					(2,306)		5
Other comprehensive loss	112						109	3
Impact of adoption of Topic 606 (Note 2) | Topic 606	2					2
Issuance of common stock in connection with acquisition of business	2,294		$ 1	2,293
Issuance of common stock in connection with acquisition of business (shares)			610
Issuance of common stock in connection with vesting of stock awards (shares)			139
Stock-based compensation	635			635
Shares withheld in payment of taxes in connection with net share settlement of restricted stock units	(162)				(162)
Shares withheld in payment of taxes in connection with net share settlement of restricted stock units (Shares)			(42)
Issuance costs associated with issuance of Series B preferred stock	(20)			(20)
Issuance of shares to non- employees	5			5
Ending Balances at Mar. 31, 2018	$ 24,418	$ 3	$ 16	$ 431,383	$ (7,647)	$ (401,951)	$ 2,784	$ (170)
Ending Balances (in shares) at Mar. 31, 2018		3,000	15,143

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities:
Net loss	$ (2,301)	$ (677)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	740	630
Gain on extinguishment of debt		(977)
Accretion of interest on long-term payment obligation	64	87
Amortization of debt issuance costs	109	223
Stock-based compensation expense	635	591
Changes in operating assets and liabilities:
Accounts receivable	2,327	625
Inventories	(167)	(995)
Prepaid expenses and other assets	(262)	(359)
Accounts payable	(429)	1,431
Payment obligation liability	(300)	(291)
Deferred revenue	311	(159)
Accrued expenses and other liabilities	(262)	(910)
Net cash provided by (used in) operating activities	465	(781)
Cash flows from investing activities:
Capital expenditures	(67)	(50)
Acquisition of business, net of acquired cash	(1,384)
Net cash used in investing activities	(1,451)	(50)
Cash flows from financing activities:
Proceeds from issuance of debt, net of issuance costs	9,599	21,484
Repayment of debt	(10,952)	(22,014)
Taxes paid related to net share settlement of restricted stock units	(162)	(68)
Net cash used in financing activities	(1,515)	(598)
Effect of exchange rates on cash	134	195
Net decrease in cash	(2,367)	(1,234)
Cash at beginning of period	19,052	9,116
Cash at end of period	16,685	7,882
Supplemental Disclosures of Cash Flow Information
Interest paid	353	415
Taxes paid, net	44	46
Non-cash investing and financing activities:
Warrants issued as debt issuance costs in connection with debt agreements		$ 2,319
Stock issued for acquisition of business	1,000
Promissory notes issued for acquisition of business	2,000
Common Stock
Non-cash investing and financing activities:
Stock issued for acquisition of business	$ 2,294

Organization and Summary of Sig

Organization and Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2018
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Organization and Summary of Significant Accounting Policies	1. Organization and Summary of Significant Accounting Policies The accompanying unaudited condensed consolidated financial statements of Identiv, Inc. (“Identiv” or the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information and the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments, consisting of normal recurring adjustments, considered necessary for a fair presentation of the Company’s unaudited condensed consolidated financial statements have been included. The results of operations for the three months ended March 31, 2018 are not necessarily indicative of the results that may be expected for the year ending December 31, 2018 or any future period. The information included in this Quarterly Report on Form 10-Q should be read in conjunction with “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” “Risk Factors,” “Quantitative and Qualitative Disclosures About Market Risk,” and the audited Consolidated Financial Statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017. The preparation of unaudited condensed consolidated financial statements necessarily requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the condensed consolidated balance sheet dates and the reported amounts of revenues and expenses for the periods presented. The Company may experience significant variations in demand for its products quarter to quarter and typically experiences a stronger demand cycle in the second half of its fiscal year. As a result, the quarterly results may not be indicative of the full year results. The December 31, 2017 balance sheet was derived from the audited financial statements as of that date. Reclassifications — Certain reclassifications have been made to the fiscal year 2017 financial statements to conform to the fiscal year 2018 presentation. The reclassifications had no impact on net loss, total assets, or stockholders’ equity. Concentration of Credit Risk — No customer represented more than 10% of net revenue for either of the three months ended March 31, 2018 or 2017. No customer represented 10% or more of the Company’s accounts receivable balance at March 31, 2018 or December 31, 2017. Business Combinations — Business combinations are accounted for at fair value under the purchase method of accounting. Acquisition costs are expensed as incurred and recorded in general and administrative expenses and changes in deferred tax asset valuation allowances and income tax uncertainties after the acquisition date affect income tax expense. The accounting for business combinations requires estimates and judgment as to expectations for future cash flows of the acquired business, and the allocation of those cash flows to identifiable intangible assets, in determining the estimated fair value for assets acquired and liabilities assumed. The fair values assigned to tangible and intangible assets acquired and liabilities assumed are based on management’s estimates and assumptions, as well as other information compiled by management, including valuations that utilize customary valuation procedures and techniques. If the actual results differ from the estimates and judgments used in these estimates, the amounts recorded in the condensed consolidated financial statements could result in a possible impairment of the intangible assets and goodwill, or require acceleration of the amortization expense of finite-lived intangible assets. In circumstances where an acquisition involves a contingent consideration arrangement that meets the definition of a liability under the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 480, Distinguishing Liabilities from Equity Results of operations and cash flows of acquired companies are included in the Company’s operating results from the date of acquisition. Intangible Assets — Amortizable intangible assets include trade names, non-compete agreements, developed technology and customer relationships acquired as part of business combinations. Intangible assets subject to amortization are amortized using the straight-line method over their estimated useful lives ranging from three to twelve years and are reviewed for impairment in accordance with ASC 360, Goodwill — In accordance with ASC 350, (“ASC 350”), the Company’s goodwill is not amortized but is tested for impairment on an annual basis or whenever events or changes in circumstances indicate that the carrying amount of these assets may not be recoverable. In testing for goodwill, the Company compares the fair value of its reporting unit to its carrying value including the goodwill of that unit. If the carrying value, including goodwill, exceeds the reporting unit’s fair value, the Company will recognize an impairment loss for the amount by which the carrying amount exceeds the reporting unit’s fair value. The loss recognized cannot exceed the total amount of goodwill allocated to that reporting unit. 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. Costs incurred subsequent to achieving technological feasibility have not been significant and generally have been expensed as incurred. At March 31, 2018, the amount of capitalized software development costs totaled $0.4 million and is included primarily in other assets in the accompanying condensed consolidated balance sheet. Software development costs capitalized in 2017 totaled $0.4 million. Recent Accounting Pronouncements From time to time, new accounting pronouncements are issued by the FASB or other standard setting bodies that the Company adopts as of the specified effective date. Unless otherwise discussed, the Company does not believe that the impact of recently issued standards that are not yet effective will have a material impact on its financial position or results of operations upon adoption. In March 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-09, Compensation – Stock Compensation , which provides The Company adopted this guidance effective January 1, 2017. The Company's adoption of this standard did not have a significant impact on its condensed consolidated financial statements. No excess income tax benefit or tax deficiencies have been recorded as a result of the adoption and there will be no change to accumulated deficit with respect to previously unrecognized excess tax benefits. The Company is electing to continue to account for forfeitures on an estimated basis. The Company has elected to present the condensed consolidated statements of cash flows on a prospective transition method and no prior periods have been adjusted. In February 2016, the FASB issued ASU 2016-02, Leases (“ASU 2016-02”), which Recently Adopted Accounting Pronouncements In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers Revenue Recognition The Company adopted Topic 606 on January 1, 2018 using the modified retrospective transition method. Under this method, the Company evaluated contracts that were in effect at the beginning of fiscal 2018 as if those contracts had been accounted for under Topic 606. Under the modified retrospective transition approach, periods prior to the adoption date were not adjusted and continue to be reported in accordance with historical, pre-Topic 606 accounting. On the adoption date, a cumulative catch up adjustment was recorded to beginning retained earnings to reflect the impact of all existing arrangements under Topic 606. T he Company increased retained earnings and decreased deferred revenue by approximately $2,000 for an uncompleted software development and technical support services contract with a customer. Under Topic 605 accounting, since the Company The Company does not expect the impact of the adoption of Topic 606 to be material to its annual revenue and net income on an ongoing basis. Revenue generated under Topic 606 is expected to be materially comparable to revenue recognized under Topic 605 in fiscal 2018 primarily due to the elimination of deferred revenue associated with the product development services discussed above that, under Topic 605, would have continued to be recognized into revenue in 2018 and 2019, offset by an increase in the revenue recognized related to the amount and timing of technical support services provided in the contract discussed above. The actual effects on revenue recognized for the first quarter of fiscal 2018 are reported in the table below. No incremental sales commission costs or other costs related to obtaining customer contracts were capitalized at the adoption date as they were immaterial. The timing of revenue recognition for hardware and professional services is expected to remain substantially unchanged. The Company’s overall mix of revenue recognized at a point in time versus over time is expected to increase in the future due to the intended growth and expansion of its services offerings. For the three months ended March 31, 2018, approximately 95% of the Company’s revenue was recognizable on delivery and 5% over time . The following table summarizes the effects of adopting Topic 606 on the Company’s condensed consolidated balance sheet as of March 31, 2018 (in thousands): Balance at December 31, 2017 Adjustments Balance at January 1, 2018 Deferred revenue - current $ 1,090 $ (2 ) $ 1,088 Accumulated deficit (399,647 ) 2 (399,645 ) The following table summarizes the effects of adopting Topic 606 on the Company’s condensed consolidated statement of operations for the three months ended March 31, 2018 (in thousands, except per share amounts): As Reported Under Topic 606 Adjustments Balance Under Prior GAAP Net revenue $ 16,528 $ — $ 16,528 Cost of revenue 10,020 — 10,020 Operating expenses 8,255 — 8,255 Provision for income taxes (40 ) — (40 ) Net loss (2,306 ) — (2,306 ) Basic and diluted net loss per share (0.15 ) (0.15 ) The adoption of Topic 606 had no impact on the Company’s net cash provided by operating activities, net cash used in investing activities or net cash used in financing activities.

Revenue

Revenue	3 Months Ended
	Mar. 31, 2018
Revenue From Contract With Customer [Abstract]
Revenue	2. Revenue Revenue Recognition Revenue is recognized upon transfer of control of the promised products or services to customers in an amount that reflects the consideration the Company expects to receive in exchange for those products or services. The Company enters into contracts that can include various combinations of its products, licenses, and services, which are generally capable of being distinct and accounted for as separate performance obligations. For contracts with multiple performance obligations, the Company allocates the transaction price of the contract to each performance obligation, generally on a relative basis using its standalone selling price. The stated contract value is generally the transaction price to be allocated to the separate performance obligations. Revenue is recognized net of any taxes collected from customers that are subsequently remitted to governmental authorities. Nature of Products and Services The Company derives revenues primarily from sales of hardware products, software licensing, professional services, software maintenance and support, and extended hardware warranties. Hardware Product Revenues — The Company generally has two performance obligations in arrangements involving the sale of hardware products. The first performance obligation is to transfer the hardware product (which includes software integral to the functionality of the hardware product). The second performance obligation is to provide assurance that the product complies with its agreed-upon specifications and is free from defects in material and workmanship for a period of one to three years (i.e. assurance warranty). The entire transaction price is allocated to the hardware product is generally recognized as revenue at the time of delivery because the customer obtains control of the product at that point in time. The Company has concluded that control generally transfers at that point in time because the customer has title to the hardware, physical possession, and a present obligation to pay for the hardware. None of the transaction price is allocated to the assurance warranty component, as the Company accounts for these product warranty costs in accordance with ASC 460, . Payments for hardware contracts are generally due 30 to 60 days after shipment of the hardware product. Software Licensing Revenues — The Company’s license arrangements grant customers the perpetual right to access and use the licensed software products at the outset of an arrangement. Technical support and software updates are generally made available throughout the term of the support agreement, which is generally one to three years. The Company accounts for these arrangements as two performance obligations (1) the software licenses, and (2) the related updates and technical support. The software license revenue is recognized upon delivery of the license to the customer, while the software updates and technical support is recognized over the term of the support contract. Payments are generally due 30 to 60 days after delivery of the software licenses. Professional Services Revenues — Professional services revenues consist primarily of programming customization services performed relating to the integration of the Company’s software products with the customers other systems, such as HR systems. Professional services contracts are generally billed on a time and materials basis and revenue is recognized as the services are performed. For contracts billed on a fixed price basis, revenue is recognized once the contract is complete. Payments for services are generally due when services are performed. Software Maintenance and Support Revenues — Support and maintenance contract revenues consist of the services provided to support the specialized programming applications performed by our professional services group. Support and maintenance contracts are typically billed at inception of the contract and recognized as revenue over the contract period, typically over a 1 to 3 year period. Extended Hardware Warranties Revenues — Sales of some of our hardware products may also include optional extended hardware warranties, which typically provide assurance that the product will continue function as initially intended. Extended hardware warranty contracts are typically billed at inception of the contract and recognized as revenue over the respective contract period, typically over 1 to 2 year periods after the expiration of the original assurance warranty. Performance Obligation When Performance Obligation is Typically Satisfied When Payment is Typically Due How Standalone Selling Price is Typically Estimated Hardware products When customer obtains control of the product (point-in-time) Within 30-60 days of shipment Observable in transactions without multiple performance obligations Software licenses When license is delivered to customer or made available for download, and the applicable license period has begun (point-in-time) Within 30-60 days of the beginning of license period Established pricing practices for software licenses bundled with software maintenance, which are separately observable in renewal transactions Professional services As services are performed and/or when contract is fulfilled (point-in-time) Within 30-60 days of delivery Observable in transactions without multiple performance obligations Software maintenance and support services Ratably over the course of the support contract (over time) Within 30-60 days of the beginning of the contract period Observable in renewal transactions Extended hardware warranties Ratably over the course of the support contract (over time) Within 30-60 days of the beginning of the contract period Observable in renewal transactions Significant Judgments Judgment is required to determine the standalone selling price ("SSP") for each distinct performance obligation. The Company uses a single amount to estimate SSP for items that are not sold separately, including perpetual licenses sold with technical support and software maintenance. The Company uses the SSP when each of the products and services are sold separately and needs to determine whether there is a discount that needs to be allocated based on the relative SSP of the various products and services. The Company’s products are generally sold with a right of return which are accounted for as variable consideration when estimating the amount of revenue to recognize. Returns and credits are estimated at contract inception and updated at the end of each reporting period as additional information becomes available and only to the extent that it is probable that a significant reversal of any incremental revenue will not occur. Disaggregation of Revenues The Company disaggregates revenue from contracts with customers based on the timing of transfer of goods or services to customers (point-in-time or over time) and geographic region based on the shipping location of the customer. The geographic regions that are tracked are the Americas, Europe and the Middle East, and Asia-Pacific regions. The Company operates as four operating segments. Total net sales based on the disaggregation criteria described above are as follows (in thousands): Three Months Ended March 31, 2018 2017 (1) Point-in- Time Over Time Total Point-in- Time Over Time Total Americas $ 12,484 $ 748 $ 13,232 $ 8,859 $ 249 $ 9,108 Europe and the Middle East 2,294 14 2,308 1,867 12 1,879 Asia-Pacific 985 3 988 2,403 2 2,405 Total $ 15,763 $ 765 $ 16,528 $ 13,129 $ 263 $ 13,392 (1) As discussed in Note 1, prior periods have not been adjusted for the adoption of Topic 606. Information about Contract Balances Amounts invoiced in advance of services being provided are accounted for as deferred revenue. Nearly all of the Company’s deferred revenue balance is primarily related software maintenance contracts. Payment terms and conditions vary by contract type, although payment is typically due within 30 to 90 days of contract inception. In instances where the timing of revenue recognition differs from the timing of invoicing, the Company has determined its contracts generally do not include a significant financing component. The primary purpose of the Company’s invoicing terms is to provide customers with simplified and predictable ways of purchasing the Company’s products and services, not to receive financing from its customers. Changes in deferred revenue during the three months ended March 31, 2018 were as follows (in thousands): Amount Deferred revenue at December 31, 2017 $ 1,090 Impact of adoption of Topic 606 (2 ) Deferred revenue at January 1, 2018 1,088 Fair value of deferred revenue acquired in acquisition, net of recognition 2,637 Deferral of revenue billed in current period, net of recognition 895 Recognition of revenue deferred in prior periods (293 ) Balance as of March 31, 2018 $ 4,327 Unsatisfied Performance Obligations Revenue expected to be recognized in any future period related to remaining performance obligations, excluding revenue pertaining to contracts that have an original expected duration of one year or less, and contracts where revenue is recognized as invoiced, was approximately $3.5 million as of March 31, 2018. Since the Company typically invoices customers at contract inception, this amount is included in deferred revenue balance. As of March 31, 2018, the Company expects to recognize approximately 54% of the revenue related to these unsatisfied performance obligations during the remainder of 2018, 34% during 2019, and 12% thereafter. Assets Recognized from the Costs to Obtain a Contract with a Customer The Company recognizes an asset for the incremental costs of obtaining a contract with a customer if it expects the benefit of those costs to be longer than one year. The Company has determined that certain sales incentive programs (i.e. commissions) meet the requirements to be capitalized. Capitalized incremental costs related to contracts are amortized over the respective contract periods. For the three months ended March 31, 2018, total capitalized costs to obtain a contract were immaterial. Practical Expedients As discussed in Note 1, Organization and Summary of Significant Accounting Policies, Revenue • The Company expenses costs as incurred for costs to obtain a contract when the amortization period would have been one year or less. These costs include internal sales force compensation programs and certain partner sales incentive programs as the Company has determined annual compensation is commensurate with annual sales activities. • The Company generally expenses sales commissions when incurred because the amortization period would have been one year or less. These costs are recorded within sales and marketing expense. • The Company does not disclose the value of unsatisfied performance obligations for contracts with an original expected length of one year or less. • The Company does not consider the time value of money for contracts with original durations of one year or less.

Business Combinations

Business Combinations	3 Months Ended
	Mar. 31, 2018
Business Combinations [Abstract]
Business Combinations	3. Business Combinations On February 14, 2018, the Company acquired 3VR Security, Inc. (“3VR”), a video technology and analytics company, pursuant to an Agreement and Plan of Merger (the “Merger Agreement”) by and among the Company, Eagle Acquisition, Inc., a California corporation and a wholly owned subsidiary of the Company (“Merger Sub”), 3VR, and Fortis Advisors LLC, a Delaware limited liability company, acting as Security Holder Representative. Pursuant to the Merger Agreement, at the effective time, Merger Sub merged with and into 3VR and 3VR became a wholly-owned subsidiary of the Company (the “Acquisition”). Under the terms of the Merger Agreement, at the closing of the Acquisition, the Company acquired all of the outstanding shares of 3VR for total purchase consideration of $6.9 million, consisting of (i) payment in cash of approximately $1.6 million; (ii) issuance of subordinated unsecured promissory notes in an aggregate principal amount of $2.0 million; (iii) issuance of 609,880 shares of the Company’s common stock with a value of approximately $2.3 million. An aggregate of up to $1.0 million, or an additional 294,927 shares, of the Company’s common stock issuable at the closing of the transaction were held back for a period of up to 12 months following the closing for the satisfaction of certain indemnification claims. Additionally, in the event that the surviving corporation achieves $24.1 million in product shipments in 2018, the Company will be obligated to issue a further earn-out consideration of $3.5 million payable in shares of the Company’s common stock (subject to certain conditions) with a potential maximum earn-out value of $7.0 million in the event that such shipments exceed $48.2 million. Further, in calendar year 2019, the Company may also be obligated to pay, in cash, and subject to certain conditions, contingent consideration equal to the lesser of (a) 35% of the gross margin of certain products sold and services rendered by 3VR in 2018 pursuant to a supply arrangement and (b) $25.0 million, each subject to adjustments. Management has assessed the probability of the issuance of shares related to the earn-out consideration, and the payment of the contingent consideration noted above, and determined it as remote, accordingly no value was ascribed to the earn-out as of March 31, 2018. Assets acquired and liabilities assumed are recorded based on valuations derived from estimated fair value assessments and assumptions used by the Company. Such estimates and assumptions are subject to change within the measurement period (up to one year from the Acquisition. The following table summarizes the fair values of assets acquired and liabilities assumed at the date of acquisition (in thousands): Cash $ 195 Accounts receivable 2,589 Inventory 257 Prepaid expenses and other current assets 169 Property and equipment 334 Trademarks 400 Customer relationships 2,900 Developed technology 3,000 Total identifiable assets acquired 9,844 Accounts payable (1,590 ) Accrued expenses and liabilities (711 ) Deferred revenue (2,928 ) Debt (3,622 ) Total liabilities assumed (8,851 ) Net identifiable assets acquired 993 Goodwill 5,880 Purchase price $ 6,873 Acquisition related intangibles included in the above table are finite-lived and are being amortized on a straight-line basis over their estimated lives, which approximates the pattern in which the economic benefits of the intangible assets are expected to be realized, as follows (in thousands): Gross Purchased Intangible Assets Estimated Useful Life (in Years) Trademarks $ 400 5 Customer relationships 2,900 10 Developed technology 3,000 10 $ 6,300 Goodwill represents the excess of the purchase price over the fair value of the net tangible and intangible assets acquired. The acquisition of 3VR resulted in $5.9 million of goodwill. With the addition of the 3VR video security and analytics platform, the Company believes this goodwill largely reflects the expansion of its Hirsch product and service offerings through the complementary offerings of 3VR. In accordance with ASC 350, goodwill will not be amortized but will be tested for impairment at least annually. The results of operations of 3VR for the period from the acquisition date through March 31, 2018 are included in the accompanying condensed consolidated statements of operations. Pursuant to ASC 805, Business Combinations

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value Measurements	4. 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 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 March 31, 2018 and December 31, 2017, there were no assets that are measured and recognized at fair value on a recurring basis. There were no cash equivalents as of March 31, 2018 and December 31, 2017. Assets and Liabilities Measured at Fair Value on a Non-recurring Basis Certain of the Company's assets, including intangible assets, 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 5, 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 March 31, 2018 and December 31, 2017, 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 condensed consolidated balance sheets. As of March 31, 2018, the Company had $1.0 million of liabilities measured at fair value on a nonrecurring basis which were classified as Level 1 liabilities due to the settlement provisions being a set amount of shares of the Company’s common stock. There were no share settled liabilities as of March 31, 2018. The share settled liabilities is included in accrued expenses in the accompanying condensed consolidated balance sheet. 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	3 Months Ended
	Mar. 31, 2018
Equity [Abstract]
Stockholders' Equity	5. Stockholders’ Equity 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, and 5,000,000 of which have been designated as Series B Non-Voting Convertible Preferred Stock, par value $0.001 per share (the “Series B Preferred Stock”). No shares of the Company’s Series A Participating Preferred Stock were outstanding as of December 31, 2017 and 2016. During 2017, the Company’s board of directors (the “Board”) authorized the issuance of up to 5,000,000 shares of the Series B Preferred Stock, 3,000,000 of which were outstanding as of March 31, 2018. The Board may from time to time, without further action by the Company’s stockholders, direct the issuance of shares of preferred stock in other 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 of Series B Preferred Stock On December 20, 2017, the Company entered into a Securities Purchase Agreement (the “Purchase Agreement”) with each of 21 April Fund, Ltd. and 21 April Fund, LP (collectively, the “Purchasers”), pursuant to which the Company, in a private placement, agreed to issue and sell to the Purchasers an aggregate of up to 5,000,000 shares of the Series B Preferred Stock, $0.001 par value per share (collectively referred to as the “Shares”). The Purchasers agreed to purchase an aggregate of 3,000,000 Shares at a price of $4.00 per share in cash at the initial closing of the transaction, and at the sole option of the Company, an additional 2,000,000 Shares at a price of $4.00 per share in cash at a second closing, if any (the “Private Placement”). The total purchase price payable to the Company is $20,000,000, of which $12,000,000 was paid at the initial closing and $8,000,000 will be paid, if at all, at the second closing. The Company is required to use the proceeds from the issuance of the Shares to pay off existing debt obligations and to fund future acquisitions of technology, business and other assets. Each Share shall be convertible into the Company’s common stock (i) following the sixth (6th) anniversary of the initial closing of the Private Placement or (ii) if earlier, during the thirty (30) day period following the last trading day of any period of three (3) or more consecutive trading days that the closing market price of the Company’s common stock exceeds $10.00. Each Share is convertible at the option of the holder of shares of Series B Preferred Stock into such number of shares of the Company’s common stock determined by taking the accreted value of such Share (purchase price plus accrued but unpaid dividends) and dividing such value by the stated value of such Share ($4.00 per share, subject to adjustment for dilutive issuances, stock splits, stock dividends and the like); provided, however, that the Company shall not convert any Shares if doing so would cause the holder thereof, along with its affiliates, to beneficially own in excess of 19.9% of the outstanding common stock immediately after giving effect to the applicable conversion (the “Ownership Limitation”), unless waiver of this restriction has been effected by the holder requesting conversion of Shares. Based on the current conversion price, the outstanding shares of the Series B Preferred Stock as of March 31, 2018 would be convertible into 3,000,000 shares of the Company’s common stock. However, the conversion rate will be subject to adjustment in the event of certain instances, such as if the Company issues shares of its common stock at a price less than $4.00 per common share, subject to a minimum conversion price of $3.27 per share. As of March 31, 2018, none of the contingent conditions to adjust the total common shares to convert the Shares had been met. Each Share is entitled to an annual dividend of 5% for the first six (6) years following the issuance of such Share and 3% for each year thereafter, with the Company retaining the option to settle each year’s dividend after the tenth (10 th Common Stock Warrants On August 13, 2014, 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 “2014 Consultant Warrant”). One fourth of the shares under the warrant are exercisable for cash three months from the date the 2014 Consultant Warrant was issued and quarterly thereafter. The 2014 Consultant Warrant expires on August 13, 2019. In the event of an acquisition of the Company, the 2014 Consultant Warrant shall terminate and no longer be exercisable as of the closing of the acquisition. As of March 31, 2018, none of the shares under the 2014 Consultant Warrant had On February 8, 2017, the Company entered into Loan and Security Agreements (each, a “Loan and Security Agreement”) with each of East West Bank ("EWB") and Venture Lending & Leasing VII, Inc. and Venture Lending & Leasing VIII, Inc. (collectively referred to as “VLL7 and VLL8”) as discussed in Note 7, Financial Liabilities In connection with securing of the new credit facilities and cancelling of all the warrants previously issued to the previous lender, the Company issued a warrant to a consultant to purchase 60,000 shares of its common stock at an exercise price of $4.60 per share (the “2017 Consultant Warrant”). The Company calculated the fair value of the 2017 Consultant Warrant using the Black Scholes pricing model using the following assumptions: estimated volatility of 78.8%, risk-free interest rate of 1.22%, no dividend yield, and an expected life of two years. The fair value of the 2017 Consultant Warrant of $119,000 was classified as equity as the settlement of the warrant will be in shares and is within the control of the Company. The 2017 Consultant Warrant is immediately exercisable for cash or by net exercise and will expire two years after its issuance, or on February 8, 2019. Below is the summary of outstanding warrants issued by the Company as of March 31, 2018: Warrant Type Number of Shares Issuable Upon Exercise Weighted Average Exercise Price Issue Date Expiration Date 2014 Consultant Warrant 85,000 $ 10.70 August 13, 2014 August 13, 2019 East West Bank Warrant 40,000 3.64 February 8, 2017 February 8, 2022 VLL7 and VLL8 Warrants 580,000 2.00 February 8, 2017 February 8, 2022 2017 Consultant Warrant 60,000 4.60 February 8, 2017 February 8, 2019 Total 765,000 Stock-Based Compensation Plans The Company has 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 2007 Stock Option Plan (the “2007 Plan”) and the 2011 Incentive Compensation Plan (the “2011 Plan”), as amended. Shares are no longer available for issuance under the Company’s 2010 Bonus and Incentive Plan (the “2010 Plan”). Stock Bonus and Incentive Plans 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. Subsequent to June 6, 2011 through December 31, 2015, the number of shares of common stock authorized for issuance under the 2011 Plan had been increased by 1.0 million shares. On May 12, 2016, the Company’s stockholders approved an amendment and restatement of the 2011 Plan to, among other things, increase the number of shares of common stock authorized for issuance by 2.0 million shares and extend the term of the 2011 Plan. Stock Option Plans A summary of activity for the Company’s stock option plans for the three months ended March 31, 2018 follows: Number Outstanding Average Exercise Price per Share Weighted Average Remaining Contractual Term (Years) Average Intrinsic Value Balance at December 31, 2017 672,441 $ 6.28 — $ — Granted — — Cancelled or Expired (10,589 ) 17.85 Exercised — — Balance at March 31, 2018 661,852 $ 6.09 7.09 $ — Vested or expected to vest at March 31, 2018 653,617 $ 6.11 7.08 $ — Exercisable at March 31, 2018 491,847 $ 6.64 6.73 $ — The following table summarizes information about options outstanding as of March 31, 2018: 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 $4.36 - $7.20 479,810 7.94 $ 4.48 313,138 $ 4.55 $7.50 - $11.30 157,311 5.03 9.29 153,978 9.26 $12.00 - $19.70 17,396 4.26 13.66 17,396 13.66 $21.70 - $29.20 7,335 2.70 24.66 7,335 24.66 $4.36 - $29.20 661,852 7.09 $ 6.09 491,847 $ 6.64 At March 31, 2018, there was $0.4 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 1.4 years. Restricted Stock and Restricted Stock Units The following is a summary of restricted stock and restricted stock unit (“RSU”) activity for the three months ended March 31, 2018: Number Outstanding Weighted Average Fair Value Unvested at December 31, 2017 1,460,044 $ 3.08 Granted 352,969 3.71 Vested (156,013 ) 3.60 Forfeited (114,510 ) 2.67 Unvested at March 31, 2018 1,542,490 $ 3.20 Shares vested but not released 329,056 $ 2.77 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 March 31, 2018, there was $4.6 million of unrecognized compensation cost related to unvested RSUs granted, which is expected to be recognized over a weighted average period of 2.9 years. As of March 31, 2018, an aggregate of 1,542,490 RSUs were outstanding under the 2011 Plan. Stock-Based Compensation Expense The following table illustrates all employee stock-based compensation expense related to stock options and RSUs included in the condensed consolidated statements of operations for the three months ended March 31, 2018 and 2017 (in thousands): Three Months Ended March 31, 2018 2017 Cost of revenue $ 19 $ 24 Research and development 135 115 Selling and marketing 158 160 General and administrative 323 292 Total $ 635 $ 591 Common Stock Reserved for Future Issuance Common stock reserved for future issuance as of March 31, 2018 was as follows: Exercise of outstanding stock options and vesting of RSUs, issuance of RSUs vested but not released 2,533,398 ESPP 293,888 Shares of common stock available for grant under the 2011 Plan 282,995 Noncontrolling interest in Bluehill ID AG 10,355 Warrants to purchase common stock 765,000 Shares of common stock issuable on conversion of Series B Preferred Stock 5,000,000 Shares of common stock subject to holdback provisions of acquisition of 3VR 294,927 Total 9,180,563 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. The following common stock equivalents have been excluded from diluted net loss per share for the three months ended March 31, 2018 and 2017 because their inclusion would be anti-dilutive: Three Months Ended March 31, 2018 2017 Shares of common stock subject to outstanding RSUs 1,542,490 1,922,111 Shares of common stock subject to outstanding options 661,852 780,937 Shares of common stock subject to outstanding warrants 765,000 951,878 Shares of common stock reserved to acquire remaining share of noncontrolling interest 10,355 10,355 Shares of common stock issuable upon conversion of Series B Preferred Stock 3,000,000 — Shares of common stock subject to holdback provisions of acquisition of 3VR 294,927 — Total 6,274,624 3,665,281 Accumulated Other Comprehensive Income Accumulated other comprehensive income at March 31, 2018 and December 31, 2017 consists of foreign currency translation adjustments totaling $2.8 million and $2.7 million, respectively. Restricted Stock Unit Net Share Settlements During the three months ended March 31, 2018 and 2017, the Company repurchased 42,447 and 16,160 shares, respectively 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	3 Months Ended
	Mar. 31, 2018
Statement Of Financial Position [Abstract]
Balance Sheet Components	6. Balance Sheet Components The Company’s inventories are stated at the lower of cost or net realizable value. Inventories consist of (in thousands): March 31, December 31, 2018 2017 Raw materials $ 3,900 $ 3,700 Work-in-progress 12 22 Finished goods 7,644 7,404 Total $ 11,556 $ 11,126 Property and equipment, net consists of (in thousands): March 31, December 31, 2018 2017 Building and leasehold improvements $ 2,099 $ 1,917 Furniture, fixtures and office equipment 1,833 1,771 Plant and machinery 9,520 9,411 Purchased software 2,104 2,050 Total 15,556 15,149 Accumulated depreciation (13,405 ) (13,106 ) Property and equipment, net $ 2,151 $ 2,043 The Company recorded depreciation expense of $0.3 million during each of the three months ended March 31, 2018 and 2017. Other accrued expenses and liabilities consist of (in thousands): March 31, December 31, 2018 2017 Share-settled liability $ 1,000 $ — Accrued professional fees 596 1,065 Income taxes payable 36 19 Other accrued expenses 1,570 936 Total $ 3,202 $ 2,020

Goodwill and Intangible Assets

Goodwill and Intangible Assets	3 Months Ended
	Mar. 31, 2018
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	7. Goodwill and Intangible Assets Goodwill The following table summarizes the carrying amount of goodwill resulting from the Acquisition of 3VR (in thousands): Premises Credentials Identity All Other Total Balance at December 31, 2017 $ — $ — $ — $ — $ — Acquisition of business 5,880 — — — 5,880 Goodwill impairment during the period — — — — — Balance at March 31, 2018 $ 5,880 $ — $ — $ — $ 5,880 In accordance with its accounting policy and ASC 350, the Company tests goodwill with indefinite lives 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. During the quarter ended March 31, 2018, the Company noted no indicators of goodwill impairment and concluded no further testing necessary. Intangible Assets The following table summarizes the gross carrying amount and accumulated amortization for intangible assets resulting from acquisitions (in thousands): Developed Customer Trademarks Technology Relationship Total Amortization period (in years) 5 10 – 12 4 – 12 Gross carrying amount at December 31, 2017 $ — $ 4,600 $ 10,639 $ 15,239 Accumulated amortization — (3,257 ) (7,617 ) (10,874 ) Intangible Assets, net at December 31, 2017 $ — $ 1,343 $ 3,022 $ 4,365 Gross carrying amount at March 31, 2018 $ 400 $ 7,600 $ 13,539 $ 21,539 Accumulated amortization (10 ) (3,406 ) (7,906 ) (11,322 ) Intangible Assets, net at March 31, 2018 $ 390 $ 4,194 $ 5,633 $ 10,217 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 over their useful lives as shown in the table above. The Company evaluates its amortizable intangible assets for impairment at the end of each reporting period. The Company did not identify any impairment indicators during the three months ended March 31, 2018. The following table illustrates the amortization expense included in the condensed consolidated statements of operations for the three months ended March 31, 2018 and 2017, respectively (in thousands): Three Months Ended March 31, 2018 2017 Cost of revenue $ 149 $ 112 Selling and marketing 298 252 Total $ 447 $ 364 The estimated annual future amortization expense for purchased intangible assets with definite lives as of March 31, 2018 is as follows (in thousands): 2018 (remaining nine months) $ 1,594 2019 2,125 2020 2,125 2021 670 2022 670 Thereafter 3,033 Total $ 10,217

Long-Term Payment Obligation

Long-Term Payment Obligation	3 Months Ended
	Mar. 31, 2018
Related Party Transactions [Abstract]
Long-Term Payment Obligation	8. 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 January 30, 2021, 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 $0.1 million of interest expense during each of the three months ended March 31, 2018 and 2017 in its condensed 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 March 31, 2018 is as follows (in thousands): 2018 (remaining nine months) $ 930 2019 1,277 2020 1,422 2021 367 Present value discount factor (346 ) Total 3,650 Less: Current portion - payment obligation (919 ) Long-term payment obligation $ 2,731

Financial Liabilities

Financial Liabilities	3 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Financial Liabilities	9. Financial Liabilities Financial liabilities consist of (in thousands): March 31, December 31, 2018 2017 Notes payable $ 2,000 $ — Term loan 4,859 5,000 Revolving loan facility 11,145 8,736 Total before discount and debt issuance costs 18,004 13,736 Less: Current portion of notes payable (2,000 ) — Less: Current portion of financial liabilities (12,401 ) (9,829 ) Less: Current portion of unamortized discount and debt issuance costs (557 ) (404 ) Less: Long-term portion of unamortized discount and debt issuance costs (424 ) (582 ) Long-term financial liabilities $ 2,622 $ 2,921 Bank Term Loan and Revolving Loan Facility On February 8, 2017, the Company entered into Loan and Security Agreements with EWB and VLL7 and VLL8, which provide for a $16.0 million Revolving Loan Facility and a $10.0 million Term Loan Facility, respectively. In connection with the closing of such agreements, the Company repaid all outstanding amounts under its credit agreement with its previous lender. The Revolving Loan Facility, as amended, bears interest at prime rate plus 1.0%, matures and becomes due and payable on February 8, 2019 and includes a non-formula line of credit sublimit of up to $3.0 million. Interest is payable monthly beginning on March 1, 2017. The Company may voluntarily prepay amounts outstanding under the Revolving Loan Facility, without prepayment charges. In the event the Revolving Loan Facility is terminated prior to its maturity, the Company would be required to pay an early termination fee in the amount of 1.0% of the revolving line. Additional borrowing requests under the Revolving Loan Facility are subject to various customary conditions precedent, including satisfaction of a borrowing base test as more fully described in the Revolving Loan Facility. The Term Loan matures on August 8, 2020. Payments under the Term Loan Facility are interest-only for the first twelve months at a per annum rate of 12.5%, followed by principal and interest payments amortized over the remaining term of the Term Loan. If the Company elects to prepay the Term Loan before its maturity, all accrued and unpaid interest outstanding at the prepayment date will be due and payable, together with all the scheduled interest that would have accrued and been payable through the stated maturity of the Term Loan, provided that at any time after the Company has made at least twelve scheduled amortization payments of principal and interest on the Term Loan, the Company shall only be required to pay 80% of the scheduled interest that would have accrued and been payable through the stated maturity of the Term Loan. On December 28, 2017, the Company paid down an aggregate principal amount of $5.0 million of the $10.0 million outstanding principal balance of its Term Loan Facility. The Company paid to VLL7 and VLL8 approximately $5.9 million, consisting of $5.0 million in outstanding principal, and $0.9 million of accrued and unpaid interest outstanding at the prepayment date, together with all scheduled interest that would have accrued and been payable through the stated maturity of the Term Loan. As a result, the Company recorded a loss on extinguishment of debt totaling $1.8 million, representing the difference between the reacquisition price of the repaid portion of the Term Loan and the its net carrying amount. The Company is obligated to pay customary fees and expenses, including customary facility fees for credit facilities of this size and type, in the aggregate amount of approximately $120,000, in connection with the closing of the two facilities. An additional facility fee of $40,000 was paid in connection with the Revolving Loan Facility on February 8, 2018. Each of the Revolving Loan Facility and the Term Loan Facility contain 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 Revolving Loan Facility also contains various financial covenants, including but not limited to a liquidity covenant requiring the Company to maintain at least $4.0 million of cash. In addition, each of the Revolving Loan Facility and the Term Loan Facility contains customary events of default that entitle EWB or VLL7 and VLL8, as appropriate, to cause any or all of the Company's indebtedness under the Revolving Loan Facility or the Term Loan Facility, respectively, to become immediately due and payable. The 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, EWB and VLL7 and VLL8 may terminate their 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 Loan and Security Agreements to be immediately due and payable. As of March 31, 2018, the Company was in compliance with all financial covenants under the Revolving Loan Facility. The proceeds of the Term Loan and the initial draw under the Revolving Loan Facility, after payment of fees and expenses, were used to repay all outstanding amounts under the credit agreement with the Company’s previous lender. In connection with the repayment, warrants to purchase an aggregate of 400,000 shares of common stock issued to the Company’s previous lender were cancelled. The proceeds of any additional draws under the Revolving Loan Facility will be used for working capital and other general corporate purposes. On February 14, 2018, the Company completed the acquisition of 3VR. As part of the purchase price consideration paid in the acquisition of 3VR, the Company issued subordinated unsecured promissory notes (“notes payable”) in the aggregate principal amount of $2.0 million, with an annual interest rate of 3.0%, payable on the one year anniversary of the closing date. On February 21, 2018, the Company paid 3VR’s lender $3.6 million in full repayment of all indebtedness outstanding of 3VR. The following table summarizes the timing of repayment obligations for the Company’s long-term financial liabilities for the next three years under the current terms of the Loan and Security Agreement with VLL7 and VLL8, as amended, at March 31, 2018 (in thousands): 2018 2019 2020 Total Term loan facility $ 1,339 $ 1,990 $ 1,530 $ 4,859

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2018
Income Tax Disclosure [Abstract]
Income Taxes	10. Income Taxes The Company conducts business globally and, as a result, files federal, state and foreign tax returns. The Company strives to resolve open matters with each tax authority at the examination level and could reach agreement with a tax authority at any time. While the Company has accrued for amounts it believes are the probable outcomes, the final outcome with a tax authority may result in a tax liability that is more or less than that reflected in the condensed consolidated financial statements. Furthermore, the Company may later decide to challenge any assessments, if made, and may exercise its right to appeal. In December 2017, the Tax Cuts and Jobs Act of 2017 (the “Act”) was signed into law making significant changes to the Internal Revenue Code. Changes include, but are not limited to, a corporate tax rate decrease from 35% to 21% effective for tax years after December 31, 2017, the transition of U.S. international taxation from a worldwide tax system to a territorial system, and a one-time transition tax on the mandatory deemed repatriation of cumulative foreign earnings, as of December 31, 2017. As the Company’s previously unremitted earnings have now been subjected to U.S. federal income tax, any repatriation of these earnings to the U.S. would not be expected to incur significant additional taxes related to such amounts. The Company applies the provisions of, and accounted for uncertain tax positions in accordance with ASC 740, Income Taxes The Company generally is no longer subject to tax examinations for years prior to 2013. However, if loss carryforwards of tax years prior to 2013 are utilized in the U.S., these tax years may become subject to investigation by the tax authorities. While timing of the resolution and/or finalization of tax audits is uncertain, the Company does not believe that its unrecognized tax benefits would materially change in the next 12 months.

Segment Reporting and Geographi

Segment Reporting and Geographic Information	3 Months Ended
	Mar. 31, 2018
Segment Reporting [Abstract]
Segment Reporting and Geographic Information	11. Segment Reporting and Geographic Information ASC 280, Segment Reporting The Company is organized into four reportable operating segments: Premises, Identity, Credentials and All Other. 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. Net revenue and gross profit information by segment for the three months ended March 31, 2018 and 2017 is as follows (in thousands): Three Months Ended March 31, 2018 2017 Premises: Net revenue $ 7,506 $ 5,364 Gross profit 4,155 3,099 Gross profit margin 55 % 58 % Identity: Net revenue 2,780 3,089 Gross profit 929 1,124 Gross profit margin 33 % 36 % Credentials: Net revenue 6,242 4,935 Gross profit 1,424 1,470 Gross profit margin 23 % 30 % All Other: Net revenue — 4 Gross profit — 4 Gross profit margin — 100 % Total: Net revenue 16,528 13,392 Gross profit 6,508 5,697 Gross profit margin 39 % 43 % Operating expenses: Research and development 1,687 1,477 Selling and marketing 3,903 3,379 General and administrative 2,555 1,787 Restructuring and severance 110 — Total operating expenses: 8,255 6,643 Loss from operations (1,747 ) (946 ) Non-operating income (expense): Interest expense, net (476 ) (674 ) Gain on extinguishment of debt — 977 Foreign currency (losses) gains, net (38 ) (152 ) Loss before income taxes and noncontrolling interest $ (2,261 ) $ (795 ) Geographic net revenue is based on the customer’s ship-to location. Information regarding net revenue by geographic region for the three months ended March 31, 2018 and 2017 is as follows (in thousands): Three Months Ended March 31, 2018 2017 Americas $ 13,232 $ 9,108 Europe and the Middle East 2,308 1,879 Asia-Pacific 988 2,405 Total $ 16,528 $ 13,392 Revenues: Americas 80 % 68 % Europe and the Middle East 14 % 14 % Asia-Pacific 6 % 18 % Total 100 % 100 % Long-lived assets by geographic location as of March 31, 2018 and December 31, 2017 are as follows (in thousands): March 31, December 31, 2018 2017 Property and equipment, net: Americas $ 1,123 $ 868 Europe and the Middle East 62 89 Asia-Pacific 966 1,086 Total property and equipment, net $ 2,151 $ 2,043

Restructuring and Severance

Restructuring and Severance	3 Months Ended
	Mar. 31, 2018
Restructuring And Related Activities [Abstract]
Restructuring and Severance	12. Restructuring and Severance In the first quarter of 2018, the Company engaged a property management firm to actively market and search for a tenant to sublease the newly acquired 3VR office facility in San Francisco, California. The Company currently occupies only a small area of the leased space. Restructuring expenses recorded in the three months ended March 31, 2018 consists primarily of facility rental related costs. No restructuring accrual was recorded at March 31, 2018 as the Company has not yet ceased use of the facility. At March 31, 2017, unpaid restructuring and severance accruals are included in other accrued expenses and liabilities within current liabilities in the condensed consolidated balance sheets. Restructuring and severance activities during the three months ended March 31, 2018 and 2017 were as follows (in thousands): Three Months Ended March 31, 2018 2017 Balance at beginning of period $ — $ 237 Restructuring expense incurred for the period 110 — Payments and non-cash item adjustment during the period (110 ) (103 ) Balance at end of period $ — $ 134

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2018
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	13. Commitments and Contingencies The following table summarizes the Company’s principal contractual commitments as of March 31, 2018 (in thousands): Operating Leases Purchase Commitments Other Contractual Commitments Total 2018 (remaining nine months) $ 1,455 $ 13,574 $ 68 $ 15,097 2019 1,812 450 13 2,275 2020 1,612 450 13 2,075 2021 1,375 450 13 1,838 2022 578 450 13 1,041 Thereafter 37 — 13 50 Total $ 6,869 $ 15,374 $ 133 $ 22,376 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.

Organization and Summary of S21

Organization and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2018
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Reclassifications	Reclassifications — Certain reclassifications have been made to the fiscal year 2017 financial statements to conform to the fiscal year 2018 presentation. The reclassifications had no impact on net loss, total assets, or stockholders’ equity.
Concentration of Credit Risk	Concentration of Credit Risk — No customer represented more than 10% of net revenue for either of the three months ended March 31, 2018 or 2017. No customer represented 10% or more of the Company’s accounts receivable balance at March 31, 2018 or December 31, 2017.
Business Combinations	Business Combinations — Business combinations are accounted for at fair value under the purchase method of accounting. Acquisition costs are expensed as incurred and recorded in general and administrative expenses and changes in deferred tax asset valuation allowances and income tax uncertainties after the acquisition date affect income tax expense. The accounting for business combinations requires estimates and judgment as to expectations for future cash flows of the acquired business, and the allocation of those cash flows to identifiable intangible assets, in determining the estimated fair value for assets acquired and liabilities assumed. The fair values assigned to tangible and intangible assets acquired and liabilities assumed are based on management’s estimates and assumptions, as well as other information compiled by management, including valuations that utilize customary valuation procedures and techniques. If the actual results differ from the estimates and judgments used in these estimates, the amounts recorded in the condensed consolidated financial statements could result in a possible impairment of the intangible assets and goodwill, or require acceleration of the amortization expense of finite-lived intangible assets. In circumstances where an acquisition involves a contingent consideration arrangement that meets the definition of a liability under the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 480, Distinguishing Liabilities from Equity Results of operations and cash flows of acquired companies are included in the Company’s operating results from the date of acquisition.
Intangible Assets	Intangible Assets — Amortizable intangible assets include trade names, non-compete agreements, developed technology and customer relationships acquired as part of business combinations. Intangible assets subject to amortization are amortized using the straight-line method over their estimated useful lives ranging from three to twelve years and are reviewed for impairment in accordance with ASC 360,
Goodwill	Goodwill — In accordance with ASC 350, (“ASC 350”), the Company’s goodwill is not amortized but is tested for impairment on an annual basis or whenever events or changes in circumstances indicate that the carrying amount of these assets may not be recoverable. In testing for goodwill, the Company compares the fair value of its reporting unit to its carrying value including the goodwill of that unit. If the carrying value, including goodwill, exceeds the reporting unit’s fair value, the Company will recognize an impairment loss for the amount by which the carrying amount exceeds the reporting unit’s fair value. The loss recognized cannot exceed the total amount of goodwill allocated to that reporting unit.
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. Costs incurred subsequent to achieving technological feasibility have not been significant and generally have been expensed as incurred. At March 31, 2018, the amount of capitalized software development costs totaled $ 0.4 million and is included primarily in other assets in the accompanying condensed consolidated balance sheet. Software development costs capitalized in 2017 totaled $0.4 million.
Recent Accounting Pronouncements	Recent Accounting Pronouncements From time to time, new accounting pronouncements are issued by the FASB or other standard setting bodies that the Company adopts as of the specified effective date. Unless otherwise discussed, the Company does not believe that the impact of recently issued standards that are not yet effective will have a material impact on its financial position or results of operations upon adoption. In March 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-09, Compensation – Stock Compensation , which provides The Company adopted this guidance effective January 1, 2017. The Company's adoption of this standard did not have a significant impact on its condensed consolidated financial statements. No excess income tax benefit or tax deficiencies have been recorded as a result of the adoption and there will be no change to accumulated deficit with respect to previously unrecognized excess tax benefits. The Company is electing to continue to account for forfeitures on an estimated basis. The Company has elected to present the condensed consolidated statements of cash flows on a prospective transition method and no prior periods have been adjusted. In February 2016, the FASB issued ASU 2016-02, Leases (“ASU 2016-02”), which Recently Adopted Accounting Pronouncements In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers Revenue Recognition The Company adopted Topic 606 on January 1, 2018 using the modified retrospective transition method. Under this method, the Company evaluated contracts that were in effect at the beginning of fiscal 2018 as if those contracts had been accounted for under Topic 606. Under the modified retrospective transition approach, periods prior to the adoption date were not adjusted and continue to be reported in accordance with historical, pre-Topic 606 accounting. On the adoption date, a cumulative catch up adjustment was recorded to beginning retained earnings to reflect the impact of all existing arrangements under Topic 606. T he Company increased retained earnings and decreased deferred revenue by approximately $2,000 for an uncompleted software development and technical support services contract with a customer. Under Topic 605 accounting, since the Company The Company does not expect the impact of the adoption of Topic 606 to be material to its annual revenue and net income on an ongoing basis. Revenue generated under Topic 606 is expected to be materially comparable to revenue recognized under Topic 605 in fiscal 2018 primarily due to the elimination of deferred revenue associated with the product development services discussed above that, under Topic 605, would have continued to be recognized into revenue in 2018 and 2019, offset by an increase in the revenue recognized related to the amount and timing of technical support services provided in the contract discussed above. The actual effects on revenue recognized for the first quarter of fiscal 2018 are reported in the table below. No incremental sales commission costs or other costs related to obtaining customer contracts were capitalized at the adoption date as they were immaterial. The timing of revenue recognition for hardware and professional services is expected to remain substantially unchanged. The Company’s overall mix of revenue recognized at a point in time versus over time is expected to increase in the future due to the intended growth and expansion of its services offerings. For the three months ended March 31, 2018, approximately 95% of the Company’s revenue was recognizable on delivery and 5% over time . The following table summarizes the effects of adopting Topic 606 on the Company’s condensed consolidated balance sheet as of March 31, 2018 (in thousands): Balance at December 31, 2017 Adjustments Balance at January 1, 2018 Deferred revenue - current $ 1,090 $ (2 ) $ 1,088 Accumulated deficit (399,647 ) 2 (399,645 ) The following table summarizes the effects of adopting Topic 606 on the Company’s condensed consolidated statement of operations for the three months ended March 31, 2018 (in thousands, except per share amounts): As Reported Under Topic 606 Adjustments Balance Under Prior GAAP Net revenue $ 16,528 $ — $ 16,528 Cost of revenue 10,020 — 10,020 Operating expenses 8,255 — 8,255 Provision for income taxes (40 ) — (40 ) Net loss (2,306 ) — (2,306 ) Basic and diluted net loss per share (0.15 ) (0.15 ) The adoption of Topic 606 had no impact on the Company’s net cash provided by operating activities, net cash used in investing activities or net cash used in financing activities.

Organization and Summary of S22

Organization and Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2018
Topic 606
Summary of Effects of Adopting Topic 606 on Condensed Consolidated Balance Sheet and Operations	The following table summarizes the effects of adopting Topic 606 on the Company’s condensed consolidated balance sheet as of March 31, 2018 (in thousands): Balance at December 31, 2017 Adjustments Balance at January 1, 2018 Deferred revenue - current $ 1,090 $ (2 ) $ 1,088 Accumulated deficit (399,647 ) 2 (399,645 ) The following table summarizes the effects of adopting Topic 606 on the Company’s condensed consolidated statement of operations for the three months ended March 31, 2018 (in thousands, except per share amounts): As Reported Under Topic 606 Adjustments Balance Under Prior GAAP Net revenue $ 16,528 $ — $ 16,528 Cost of revenue 10,020 — 10,020 Operating expenses 8,255 — 8,255 Provision for income taxes (40 ) — (40 ) Net loss (2,306 ) — (2,306 ) Basic and diluted net loss per share (0.15 ) (0.15 )

Revenue (Tables)

Revenue (Tables)	3 Months Ended
	Mar. 31, 2018
Revenue From Contract With Customer [Abstract]
Schedule of Performance Obligation	Performance Obligation When Performance Obligation is Typically Satisfied When Payment is Typically Due How Standalone Selling Price is Typically Estimated Hardware products When customer obtains control of the product (point-in-time) Within 30-60 days of shipment Observable in transactions without multiple performance obligations Software licenses When license is delivered to customer or made available for download, and the applicable license period has begun (point-in-time) Within 30-60 days of the beginning of license period Established pricing practices for software licenses bundled with software maintenance, which are separately observable in renewal transactions Professional services As services are performed and/or when contract is fulfilled (point-in-time) Within 30-60 days of delivery Observable in transactions without multiple performance obligations Software maintenance and support services Ratably over the course of the support contract (over time) Within 30-60 days of the beginning of the contract period Observable in renewal transactions Extended hardware warranties Ratably over the course of the support contract (over time) Within 30-60 days of the beginning of the contract period Observable in renewal transactions
Total Net Sales Based on Disaggregation Criteria	Total net sales based on the disaggregation criteria described above are as follows (in thousands): Three Months Ended March 31, 2018 2017 (1) Point-in- Time Over Time Total Point-in- Time Over Time Total Americas $ 12,484 $ 748 $ 13,232 $ 8,859 $ 249 $ 9,108 Europe and the Middle East 2,294 14 2,308 1,867 12 1,879 Asia-Pacific 985 3 988 2,403 2 2,405 Total $ 15,763 $ 765 $ 16,528 $ 13,129 $ 263 $ 13,392 (1) As discussed in Note 1, prior periods have not been adjusted for the adoption of Topic 606.
Changes in Deferred Revenue	Changes in deferred revenue during the three months ended March 31, 2018 were as follows (in thousands): Amount Deferred revenue at December 31, 2017 $ 1,090 Impact of adoption of Topic 606 (2 ) Deferred revenue at January 1, 2018 1,088 Fair value of deferred revenue acquired in acquisition, net of recognition 2,637 Deferral of revenue billed in current period, net of recognition 895 Recognition of revenue deferred in prior periods (293 ) Balance as of March 31, 2018 $ 4,327

Business Combinations (Tables)

Business Combinations (Tables)	3 Months Ended
	Mar. 31, 2018
Business Combinations [Abstract]
Summary of Fair Values of Assets Acquired and Liabilities Assumed at Acquisition	The following table summarizes the fair values of assets acquired and liabilities assumed at the date of acquisition (in thousands): Cash $ 195 Accounts receivable 2,589 Inventory 257 Prepaid expenses and other current assets 169 Property and equipment 334 Trademarks 400 Customer relationships 2,900 Developed technology 3,000 Total identifiable assets acquired 9,844 Accounts payable (1,590 ) Accrued expenses and liabilities (711 ) Deferred revenue (2,928 ) Debt (3,622 ) Total liabilities assumed (8,851 ) Net identifiable assets acquired 993 Goodwill 5,880 Purchase price $ 6,873
Summary of Acquisition Related Finite-lived Intangibles and Estimated Lives	Acquisition related intangibles included in the above table are finite-lived and are being amortized on a straight-line basis over their estimated lives, which approximates the pattern in which the economic benefits of the intangible assets are expected to be realized, as follows (in thousands): Gross Purchased Intangible Assets Estimated Useful Life (in Years) Trademarks $ 400 5 Customer relationships 2,900 10 Developed technology 3,000 10 $ 6,300

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2018
Equity [Abstract]
Summary of Outstanding Warrants Issued by Company	Below is the summary of outstanding warrants issued by the Company as of March 31, 2018: Warrant Type Number of Shares Issuable Upon Exercise Weighted Average Exercise Price Issue Date Expiration Date 2014 Consultant Warrant 85,000 $ 10.70 August 13, 2014 August 13, 2019 East West Bank Warrant 40,000 3.64 February 8, 2017 February 8, 2022 VLL7 and VLL8 Warrants 580,000 2.00 February 8, 2017 February 8, 2022 2017 Consultant Warrant 60,000 4.60 February 8, 2017 February 8, 2019 Total 765,000
Summary of Activity under Stock-Based Compensation Plans	A summary of activity for the Company’s stock option plans for the three months ended March 31, 2018 follows: Number Outstanding Average Exercise Price per Share Weighted Average Remaining Contractual Term (Years) Average Intrinsic Value Balance at December 31, 2017 672,441 $ 6.28 — $ — Granted — — Cancelled or Expired (10,589 ) 17.85 Exercised — — Balance at March 31, 2018 661,852 $ 6.09 7.09 $ — Vested or expected to vest at March 31, 2018 653,617 $ 6.11 7.08 $ — Exercisable at March 31, 2018 491,847 $ 6.64 6.73 $ —
Summary Information about Options Outstanding	The following table summarizes information about options outstanding as of March 31, 2018: 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 $4.36 - $7.20 479,810 7.94 $ 4.48 313,138 $ 4.55 $7.50 - $11.30 157,311 5.03 9.29 153,978 9.26 $12.00 - $19.70 17,396 4.26 13.66 17,396 13.66 $21.70 - $29.20 7,335 2.70 24.66 7,335 24.66 $4.36 - $29.20 661,852 7.09 $ 6.09 491,847 $ 6.64
Summary of Restricted Stock and Restricted Stock Unit (RSU) Activity	The following is a summary of restricted stock and restricted stock unit (“RSU”) activity for the three months ended March 31, 2018: Number Outstanding Weighted Average Fair Value Unvested at December 31, 2017 1,460,044 $ 3.08 Granted 352,969 3.71 Vested (156,013 ) 3.60 Forfeited (114,510 ) 2.67 Unvested at March 31, 2018 1,542,490 $ 3.20 Shares vested but not released 329,056 $ 2.77
Stock-Based Compensation Expense Related to Stock Options and RSUs	The following table illustrates all employee stock-based compensation expense related to stock options and RSUs included in the condensed consolidated statements of operations for the three months ended March 31, 2018 and 2017 (in thousands): Three Months Ended March 31, 2018 2017 Cost of revenue $ 19 $ 24 Research and development 135 115 Selling and marketing 158 160 General and administrative 323 292 Total $ 635 $ 591
Schedule of Common Stock Reserved for Future Issuance	Common stock reserved for future issuance as of March 31, 2018 was as follows: Exercise of outstanding stock options and vesting of RSUs, issuance of RSUs vested but not released 2,533,398 ESPP 293,888 Shares of common stock available for grant under the 2011 Plan 282,995 Noncontrolling interest in Bluehill ID AG 10,355 Warrants to purchase common stock 765,000 Shares of common stock issuable on conversion of Series B Preferred Stock 5,000,000 Shares of common stock subject to holdback provisions of acquisition of 3VR 294,927 Total 9,180,563
Common Stock Equivalents Excluded from Diluted Net loss Per Share	The following common stock equivalents have been excluded from diluted net loss per share for the three months ended March 31, 2018 and 2017 because their inclusion would be anti-dilutive: Three Months Ended March 31, 2018 2017 Shares of common stock subject to outstanding RSUs 1,542,490 1,922,111 Shares of common stock subject to outstanding options 661,852 780,937 Shares of common stock subject to outstanding warrants 765,000 951,878 Shares of common stock reserved to acquire remaining share of noncontrolling interest 10,355 10,355 Shares of common stock issuable upon conversion of Series B Preferred Stock 3,000,000 — Shares of common stock subject to holdback provisions of acquisition of 3VR 294,927 — Total 6,274,624 3,665,281

Balance Sheet Components (Table

Balance Sheet Components (Tables)	3 Months Ended
	Mar. 31, 2018
Statement Of Financial Position [Abstract]
Inventories	The Company’s inventories are stated at the lower of cost or net realizable value. Inventories consist of (in thousands): March 31, December 31, 2018 2017 Raw materials $ 3,900 $ 3,700 Work-in-progress 12 22 Finished goods 7,644 7,404 Total $ 11,556 $ 11,126
Property and Equipment, Net	Property and equipment, net consists of (in thousands): March 31, December 31, 2018 2017 Building and leasehold improvements $ 2,099 $ 1,917 Furniture, fixtures and office equipment 1,833 1,771 Plant and machinery 9,520 9,411 Purchased software 2,104 2,050 Total 15,556 15,149 Accumulated depreciation (13,405 ) (13,106 ) Property and equipment, net $ 2,151 $ 2,043
Other Accrued Expenses and Liabilities	Other accrued expenses and liabilities consist of (in thousands): March 31, December 31, 2018 2017 Share-settled liability $ 1,000 $ — Accrued professional fees 596 1,065 Income taxes payable 36 19 Other accrued expenses 1,570 936 Total $ 3,202 $ 2,020

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2018
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): Developed Customer Trademarks Technology Relationship Total Amortization period (in years) 5 10 – 12 4 – 12 Gross carrying amount at December 31, 2017 $ — $ 4,600 $ 10,639 $ 15,239 Accumulated amortization — (3,257 ) (7,617 ) (10,874 ) Intangible Assets, net at December 31, 2017 $ — $ 1,343 $ 3,022 $ 4,365 Gross carrying amount at March 31, 2018 $ 400 $ 7,600 $ 13,539 $ 21,539 Accumulated amortization (10 ) (3,406 ) (7,906 ) (11,322 ) Intangible Assets, net at March 31, 2018 $ 390 $ 4,194 $ 5,633 $ 10,217
Amortization Expense Included in Condensed Consolidated Statements of Operations	The following table illustrates the amortization expense included in the condensed consolidated statements of operations for the three months ended March 31, 2018 and 2017, respectively (in thousands): Three Months Ended March 31, 2018 2017 Cost of revenue $ 149 $ 112 Selling and marketing 298 252 Total $ 447 $ 364
Estimated Future Amortization Expense of Purchased Intangible Assets with Definite Lives	The estimated annual future amortization expense for purchased intangible assets with definite lives as of March 31, 2018 is as follows (in thousands): 2018 (remaining nine months) $ 1,594 2019 2,125 2020 2,125 2021 670 2022 670 Thereafter 3,033 Total $ 10,217
3VR
Summary of Carrying Amount of Goodwill Resulting from Acquisition of 3VR	The following table summarizes the carrying amount of goodwill resulting from the Acquisition of 3VR (in thousands): Premises Credentials Identity All Other Total Balance at December 31, 2017 $ — $ — $ — $ — $ — Acquisition of business 5,880 — — — 5,880 Goodwill impairment during the period — — — — — Balance at March 31, 2018 $ 5,880 $ — $ — $ — $ 5,880

Long-Term Payment Obligation (T

Long-Term Payment Obligation (Tables)	3 Months Ended
	Mar. 31, 2018
Related Party Transactions [Abstract]
Payment Obligations To Former Related Party Liability	The ongoing payment obligation in connection with the Hirsch acquisition as of March 31, 2018 is as follows (in thousands): 2018 (remaining nine months) $ 930 2019 1,277 2020 1,422 2021 367 Present value discount factor (346 ) Total 3,650 Less: Current portion - payment obligation (919 ) Long-term payment obligation $ 2,731

Financial Liabilities (Tables)

Financial Liabilities (Tables)	3 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Summary of Financial Liabilities	Financial liabilities consist of (in thousands): March 31, December 31, 2018 2017 Notes payable $ 2,000 $ — Term loan 4,859 5,000 Revolving loan facility 11,145 8,736 Total before discount and debt issuance costs 18,004 13,736 Less: Current portion of notes payable (2,000 ) — Less: Current portion of financial liabilities (12,401 ) (9,829 ) Less: Current portion of unamortized discount and debt issuance costs (557 ) (404 ) Less: Long-term portion of unamortized discount and debt issuance costs (424 ) (582 ) Long-term financial liabilities $ 2,622 $ 2,921
Summary of Timing of Repayment Obligations for Company’s Long-term Financial Liabilities for Next Three Years	The following table summarizes the timing of repayment obligations for the Company’s long-term financial liabilities for the next three years under the current terms of the Loan and Security Agreement with VLL7 and VLL8, as amended, at March 31, 2018 (in thousands): 2018 2019 2020 Total Term loan facility $ 1,339 $ 1,990 $ 1,530 $ 4,859

Segment Reporting and Geograp30

Segment Reporting and Geographic Information (Tables)	3 Months Ended
	Mar. 31, 2018
Segment Reporting [Abstract]
Information Regarding Net Revenue and Gross Profit by Segment	Net revenue and gross profit information by segment for the three months ended March 31, 2018 and 2017 is as follows (in thousands): Three Months Ended March 31, 2018 2017 Premises: Net revenue $ 7,506 $ 5,364 Gross profit 4,155 3,099 Gross profit margin 55 % 58 % Identity: Net revenue 2,780 3,089 Gross profit 929 1,124 Gross profit margin 33 % 36 % Credentials: Net revenue 6,242 4,935 Gross profit 1,424 1,470 Gross profit margin 23 % 30 % All Other: Net revenue — 4 Gross profit — 4 Gross profit margin — 100 % Total: Net revenue 16,528 13,392 Gross profit 6,508 5,697 Gross profit margin 39 % 43 % Operating expenses: Research and development 1,687 1,477 Selling and marketing 3,903 3,379 General and administrative 2,555 1,787 Restructuring and severance 110 — Total operating expenses: 8,255 6,643 Loss from operations (1,747 ) (946 ) Non-operating income (expense): Interest expense, net (476 ) (674 ) Gain on extinguishment of debt — 977 Foreign currency (losses) gains, net (38 ) (152 ) Loss before income taxes and noncontrolling interest $ (2,261 ) $ (795 )
Information Regarding Net Revenue by Geographic Region	Geographic net revenue is based on the customer’s ship-to location. Information regarding net revenue by geographic region for the three months ended March 31, 2018 and 2017 is as follows (in thousands): Three Months Ended March 31, 2018 2017 Americas $ 13,232 $ 9,108 Europe and the Middle East 2,308 1,879 Asia-Pacific 988 2,405 Total $ 16,528 $ 13,392 Revenues: Americas 80 % 68 % Europe and the Middle East 14 % 14 % Asia-Pacific 6 % 18 % Total 100 % 100 %
Long-Lived Assets by Geographic Location	Long-lived assets by geographic location as of March 31, 2018 and December 31, 2017 are as follows (in thousands): March 31, December 31, 2018 2017 Property and equipment, net: Americas $ 1,123 $ 868 Europe and the Middle East 62 89 Asia-Pacific 966 1,086 Total property and equipment, net $ 2,151 $ 2,043

Restructuring and Severance (Ta

Restructuring and Severance (Tables)	3 Months Ended
	Mar. 31, 2018
Restructuring And Related Activities [Abstract]
Restructuring and Severance	Restructuring and severance activities during the three months ended March 31, 2018 and 2017 were as follows (in thousands): Three Months Ended March 31, 2018 2017 Balance at beginning of period $ — $ 237 Restructuring expense incurred for the period 110 — Payments and non-cash item adjustment during the period (110 ) (103 ) Balance at end of period $ — $ 134

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2018
Commitments And Contingencies Disclosure [Abstract]
Summary of Principal Contractual Obligations	The following table summarizes the Company’s principal contractual commitments as of March 31, 2018 (in thousands): Operating Leases Purchase Commitments Other Contractual Commitments Total 2018 (remaining nine months) $ 1,455 $ 13,574 $ 68 $ 15,097 2019 1,812 450 13 2,275 2020 1,612 450 13 2,075 2021 1,375 450 13 1,838 2022 578 450 13 1,041 Thereafter 37 — 13 50 Total $ 6,869 $ 15,374 $ 133 $ 22,376

Organization and Summary of S33

Organization and Summary of Significant Accounting Policies - Additional Information (Detail)	3 Months Ended		12 Months Ended
	Mar. 31, 2018USD ($)Customer	Mar. 31, 2017Customer	Dec. 31, 2017USD ($)Customer	Jan. 01, 2018USD ($)
Accounting Policies [Line Items]
Number of major customer represented stated percentage of total net revenue | Customer	0	0
Number of customers who accounted for 10% or more of accounts receivable balance | Customer	0		0
Concentration Risk, Customer	No customer represented more than 10% of net revenue for either of the three months ended March 31, 2018 or 2017. No customer represented 10% or more of the Company’s accounts receivable balance at March 31, 2018 or December 31, 2017.
Capitalized software development costs	$ 400,000		$ 400,000
Accumulated deficit	(401,951,000)		(399,647,000)
Deferred Revenue	$ 4,327,000		$ 1,090,000
Topic 606
Accounting Policies [Line Items]
Accumulated deficit				$ (399,645,000)
Deferred Revenue				1,088,000
Capitalized incremental sales commision costs or other costs				0
Topic 606 | On Delivery
Accounting Policies [Line Items]
Percentage of revenue recognized	95.00%
Topic 606 | Over Time
Accounting Policies [Line Items]
Percentage of revenue recognized	5.00%
Topic 606 | Adjustments
Accounting Policies [Line Items]
Accumulated deficit				2,000
Deferred Revenue				$ (2,000)
Minimum
Accounting Policies [Line Items]
Estimated useful lives of intangible asset	3 years
Maximum
Accounting Policies [Line Items]
Estimated useful lives of intangible asset	12 years

Summary of Effects of Adopting

Summary of Effects of Adopting Topic 606 on Condensed Consolidated Balance Sheet (Detail) - USD ($)	Mar. 31, 2018	Jan. 01, 2018	Dec. 31, 2017
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Deferred Revenue	$ 4,327,000		$ 1,090,000
Accumulated deficit	$ (401,951,000)		$ (399,647,000)
Topic 606
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Deferred Revenue		$ 1,088,000
Accumulated deficit		(399,645,000)
Topic 606 | Adjustments
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Deferred Revenue		(2,000)
Accumulated deficit		$ 2,000

Summary of Effects of Adoptin35

Summary of Effects of Adopting Topic 606 on Condensed Consolidated Statement of Operations (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Net revenue	$ 16,528	$ 13,392
Cost of revenue	10,020	7,695
Operating expenses	8,255	6,643
Income tax (provision) benefit	(40)	118
Net loss	$ (2,306)	$ (687)
Basic and diluted net loss per share attributable to Identiv, Inc.	$ (0.15)	$ (0.06)
Topic 606 | Balance Under Prior GAAP
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Net revenue	$ 16,528
Cost of revenue	10,020
Operating expenses	8,255
Income tax (provision) benefit	(40)
Net loss	$ (2,306)
Basic and diluted net loss per share attributable to Identiv, Inc.	$ (0.15)

Revenue - Additional Informatio

Revenue - Additional Information (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2018USD ($)Segment
Revenue From Contract With Customer [Line Items]
Number of operating segments | Segment	4
Remaining performance obligations | $	$ 3.5
Revenue, practical expedient, unsatisfied performance obligations non disclosure	true
Revenue, practical expedient, time value of money for contracts consideration	false
Minimum
Revenue From Contract With Customer [Line Items]
Payment period from contract inception	30 days
Maximum
Revenue From Contract With Customer [Line Items]
Payment period from contract inception	90 days
Hardware Products | Minimum
Revenue From Contract With Customer [Line Items]
Payment period, after shipment	30 days
Hardware Products | Maximum
Revenue From Contract With Customer [Line Items]
Payment period, after shipment	60 days
Software Licenses | Minimum
Revenue From Contract With Customer [Line Items]
Payment period, after shipment	30 days
Contract period	1 year
Software Licenses | Maximum
Revenue From Contract With Customer [Line Items]
Payment period, after shipment	60 days
Contract period	3 years
Software Maintenance and Support Services | Minimum
Revenue From Contract With Customer [Line Items]
Payment period, after shipment	30 days
Contract period	1 year
Software Maintenance and Support Services | Maximum
Revenue From Contract With Customer [Line Items]
Payment period, after shipment	60 days
Contract period	3 years
Extended Hardware Warranties | Minimum
Revenue From Contract With Customer [Line Items]
Payment period, after shipment	30 days
Contract period	1 year
Extended Hardware Warranties | Maximum
Revenue From Contract With Customer [Line Items]
Payment period, after shipment	60 days
Contract period	2 years

Schedule of Performance Obligat

Schedule of Performance Obligation (Detail)	3 Months Ended
	Mar. 31, 2018
Hardware Products
Revenue Recognition Multiple Deliverable Arrangements [Line Items]
Performance Obligation	Hardware products
When Performance Obligation is Typically Satisfied	When customer obtains control of the product (point-in-time)
When Payment is Typically Due	Within 30-60 days of shipment
How Standalone Selling Price is Typically Estimated	Observable in transactions without multiple performance obligations
Software Licenses
Revenue Recognition Multiple Deliverable Arrangements [Line Items]
Performance Obligation	Software licenses
When Performance Obligation is Typically Satisfied	When license is delivered to customer or made available for download, and the applicable license period has begun (point-in-time)
When Payment is Typically Due	Within 30-60 days of the beginning of license period
How Standalone Selling Price is Typically Estimated	Established pricing practices for software licenses bundled with software maintenance, which are separately observable in renewal transactions
Professional Services
Revenue Recognition Multiple Deliverable Arrangements [Line Items]
Performance Obligation	Professional services
When Performance Obligation is Typically Satisfied	As services are performed and/or when contract is fulfilled (point-in-time)
When Payment is Typically Due	Within 30-60 days of delivery
How Standalone Selling Price is Typically Estimated	Observable in transactions without multiple performance obligations
Software Maintenance and Support Services
Revenue Recognition Multiple Deliverable Arrangements [Line Items]
Performance Obligation	Software maintenance and support services
When Performance Obligation is Typically Satisfied	Ratably over the course of the support contract (over time)
When Payment is Typically Due	Within 30-60 days of the beginning of the contract period
How Standalone Selling Price is Typically Estimated	Observable in renewal transactions
Extended Hardware Warranties
Revenue Recognition Multiple Deliverable Arrangements [Line Items]
Performance Obligation	Extended hardware warranties
When Performance Obligation is Typically Satisfied	Ratably over the course of the support contract (over time)
When Payment is Typically Due	Within 30-60 days of the beginning of the contract period
How Standalone Selling Price is Typically Estimated	Observable in renewal transactions

Schedule of Performance Oblig38

Schedule of Performance Obligation (Parenthetical) (Detail)	3 Months Ended
	Mar. 31, 2018
Hardware Products | Minimum
Revenue Recognition Multiple Deliverable Arrangements [Line Items]
Payment period, after shipment	30 days
Hardware Products | Maximum
Revenue Recognition Multiple Deliverable Arrangements [Line Items]
Payment period, after shipment	60 days
Software Licenses | Minimum
Revenue Recognition Multiple Deliverable Arrangements [Line Items]
Payment period, after shipment	30 days
Software Licenses | Maximum
Revenue Recognition Multiple Deliverable Arrangements [Line Items]
Payment period, after shipment	60 days
Professional Services | Minimum
Revenue Recognition Multiple Deliverable Arrangements [Line Items]
Payment period, after shipment	30 days
Professional Services | Maximum
Revenue Recognition Multiple Deliverable Arrangements [Line Items]
Payment period, after shipment	60 days
Software Maintenance and Support Services | Minimum
Revenue Recognition Multiple Deliverable Arrangements [Line Items]
Payment period, after shipment	30 days
Software Maintenance and Support Services | Maximum
Revenue Recognition Multiple Deliverable Arrangements [Line Items]
Payment period, after shipment	60 days
Extended Hardware Warranties | Minimum
Revenue Recognition Multiple Deliverable Arrangements [Line Items]
Payment period, after shipment	30 days
Extended Hardware Warranties | Maximum
Revenue Recognition Multiple Deliverable Arrangements [Line Items]
Payment period, after shipment	60 days

Total Net Sales Based on Disagg

Total Net Sales Based on Disaggregation Criteria (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Disaggregation Of Revenue [Line Items]
Total net sales	$ 16,528	$ 13,392
Point-in-Time
Disaggregation Of Revenue [Line Items]
Total net sales	15,763	13,129
Over Time
Disaggregation Of Revenue [Line Items]
Total net sales	765	263
Americas
Disaggregation Of Revenue [Line Items]
Total net sales	13,232	9,108
Americas | Point-in-Time
Disaggregation Of Revenue [Line Items]
Total net sales	12,484	8,859
Americas | Over Time
Disaggregation Of Revenue [Line Items]
Total net sales	748	249
Europe and the Middle East
Disaggregation Of Revenue [Line Items]
Total net sales	2,308	1,879
Europe and the Middle East | Point-in-Time
Disaggregation Of Revenue [Line Items]
Total net sales	2,294	1,867
Europe and the Middle East | Over Time
Disaggregation Of Revenue [Line Items]
Total net sales	14	12
Asia-Pacific
Disaggregation Of Revenue [Line Items]
Total net sales	988	2,405
Asia-Pacific | Point-in-Time
Disaggregation Of Revenue [Line Items]
Total net sales	985	2,403
Asia-Pacific | Over Time
Disaggregation Of Revenue [Line Items]
Total net sales	$ 3	$ 2

Changes in Deferred Revenue (De

Changes in Deferred Revenue (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2018	Jan. 01, 2018	Dec. 31, 2017
Disaggregation Of Revenue [Line Items]
Deferred revenue	$ 4,327,000		$ 1,090,000
Fair value of deferred revenue acquired in acquisition, net of recognition	2,637,000
Deferral of revenue billed in current period, net of recognition	895,000
Recognition of revenue deferred in prior periods	$ (293,000)
Topic 606
Disaggregation Of Revenue [Line Items]
Deferred revenue		$ 1,088,000
Topic 606 | Impact of Adoption of Topic 606
Disaggregation Of Revenue [Line Items]
Deferred revenue		$ (2,000)

Revenue - Unsatisfied Performan

Revenue - Unsatisfied Performance Obligation - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2018
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2018-04-01
Revenue From Contract With Customer [Line Items]
Unsatisfied performance obligations, expected to recognize	54.00%
Unsatisfied performance obligations, expected to recognize, period	9 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2019-01-01
Revenue From Contract With Customer [Line Items]
Unsatisfied performance obligations, expected to recognize	34.00%
Unsatisfied performance obligations, expected to recognize, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2020-01-01
Revenue From Contract With Customer [Line Items]
Unsatisfied performance obligations, expected to recognize	12.00%
Unsatisfied performance obligations, expected to recognize, period	1 year

Business Combinations - Additio

Business Combinations - Additional Information (Detail) - USD ($)	Feb. 14, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2017
Business Acquisition [Line Items]
Goodwill	$ 5,880,000	$ 5,880,000
3VR
Business Acquisition [Line Items]
Date of acquisition completed	Feb. 14, 2018	Feb. 14, 2018
Business combination, aggregate consideration	$ 6,900,000
Business combination, Payment of cash	1,600,000
Business combination, issuance of notes	$ 2,000,000
Business combination, issuance of common stock, shares	609,880
Business combination, issuance of common stock	$ 2,300,000
Business combination, issuance of additional common stock shares held back	294,927
Product shipments have to be achieved to obligate earn-out consideration	$ 24,100,000
Amount of earn-out consideration of payable in shares of common stock	3,500,000
Potential maximum earn-out value	7,000,000
Amount of shipments should exceed to obligate potential maximum earn-out value	48,200,000
Goodwill		$ 5,880,000
3VR | ASC 805
Business Acquisition [Line Items]
Acquisition and transitional costs		$ 485,000		$ 212,000
3VR | Scenario, Forecast
Business Acquisition [Line Items]
Percentage of contingent consideration obligated to pay			35.00%
Amount of contingent consideration obligated to pay for each subject adjustments			$ 25,000,000
3VR | Maximum
Business Acquisition [Line Items]
Business combination, issuance of common stock value held	$ 1,000,000

Summary of Fair Values of Asset

Summary of Fair Values of Assets Acquired and Liabilities Assumed at Acquisition (Detail) - USD ($) $ in Thousands	Mar. 31, 2018	Feb. 14, 2018
Business Acquisition [Line Items]
Cash		$ 195
Accounts receivable		2,589
Inventory		257
Prepaid expenses and other current assets		169
Property and equipment		334
Finite-lived intangibles		6,300
Total identifiable assets acquired		9,844
Accounts payable		(1,590)
Accrued expenses and liabilities		(711)
Deferred revenue		(2,928)
Debt		(3,622)
Total liabilities assumed		(8,851)
Net identifiable assets acquired		993
Goodwill	$ 5,880	5,880
Purchase price		6,873
Trademarks
Business Acquisition [Line Items]
Finite-lived intangibles		400
Customer Relationships
Business Acquisition [Line Items]
Finite-lived intangibles		2,900
Developed Technology
Business Acquisition [Line Items]
Finite-lived intangibles		$ 3,000

Summary of Acquisition Related

Summary of Acquisition Related Finite-lived Intangibles and Estimated Lives (Detail) $ in Thousands	Feb. 14, 2018USD ($)
Acquired Finite Lived Intangible Assets [Line Items]
Gross Purchased Intangible Assets	$ 6,300
Trademarks
Acquired Finite Lived Intangible Assets [Line Items]
Gross Purchased Intangible Assets	$ 400
Estimated Useful Life (in Years)	5 years
Customer Relationships
Acquired Finite Lived Intangible Assets [Line Items]
Gross Purchased Intangible Assets	$ 2,900
Estimated Useful Life (in Years)	10 years
Developed Technology
Acquired Finite Lived Intangible Assets [Line Items]
Gross Purchased Intangible Assets	$ 3,000
Estimated Useful Life (in Years)	10 years

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
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
Share settled liabilities	0
Fair Value, Inputs, Level 1
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Liability measured and recognized at fair value on non-recurring basis	1,000,000
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, 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

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) - USD ($)	Dec. 20, 2017	Feb. 08, 2017	May 12, 2016	Aug. 13, 2014	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2015	Dec. 31, 2017	Dec. 31, 2016	Jun. 06, 2011
Stockholders Equity [Line Items]
Preferred stock, shares authorized					10,000,000
Preferred stock, par value					$ 0.001
Preferred stock, outstanding								0	0
Common stock reserved for future issuance					9,180,563
Unrecognized compensation expense					$ 400,000
Unrecognized stock-based compensation expense, weighted average period of recognition					1 year 4 months 24 days
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax					$ 2,800,000			$ 2,700,000
Restricted Stock Units (RSUs)
Stockholders Equity [Line Items]
Unrecognized compensation expense					$ 4,600,000
Unrecognized stock-based compensation expense, weighted average period of recognition					2 years 10 months 24 days
Repurchase of common stock (in shares)					42,447	16,160
2010 Bonus and Incentive Plan
Stockholders Equity [Line Items]
Common stock reserved for future issuance					0
2011 Plan
Stockholders Equity [Line Items]
Common stock reserved for future issuance										400,000
Number of shares available for grant										859,956
Increase in shares of common stock authorized for issuance			2,000,000				1,000,000
2011 Plan | Restricted Stock Units (RSUs)
Stockholders Equity [Line Items]
Aggregate restricted stock units outstanding					1,542,490
2007 Plan and 2010 Plan
Stockholders Equity [Line Items]
Number of shares available for grant										459,956
Loan and Security Agreements | East West Bank | Revolving Credit Facility
Stockholders Equity [Line Items]
Borrowing capacity under credit facility		$ 16,000,000
Loan and Security Agreements | Venture Lending & Leasing VII and VIII, Inc. | Term Loan Facility
Stockholders Equity [Line Items]
Borrowing capacity under credit facility		$ 10,000,000
2014 Consultant Warrant
Stockholders Equity [Line Items]
Warrant exercise price				$ 10.70	$ 10.70
Warrants expiration date				Aug. 13, 2019	Aug. 13, 2019
Warrants exercised					0
VLL7 Warrant
Stockholders Equity [Line Items]
Warrants issued to purchase common stock		290,000
Warrant exercise price		$ 2
Warrants expiration date		Feb. 8, 2022
Private placement warrant estimated volatility		78.80%
Private placement warrant risk free interest rate		1.94%
Private placement warrant dividend yield		0.00%
Private placement warrant expected life (in years)		5 years
Common stock warrants fair value		$ 1,037,500
Warrants expiration period		5 years
EWB Warrant
Stockholders Equity [Line Items]
Warrants issued to purchase common stock		40,000
Warrant exercise price		$ 3.64			$ 3.64
Warrants expiration date		Feb. 8, 2022			Feb. 8, 2022
Private placement warrant estimated volatility		78.80%
Private placement warrant risk free interest rate		1.94%
Private placement warrant dividend yield		0.00%
Private placement warrant expected life (in years)		5 years
Common stock warrants fair value		$ 125,000
Warrants expiration period		5 years
VLL8 Warrant
Stockholders Equity [Line Items]
Warrants issued to purchase common stock		290,000
Warrant exercise price		$ 2
Warrants expiration date		Feb. 8, 2022
Private placement warrant estimated volatility		78.80%
Private placement warrant risk free interest rate		1.94%
Private placement warrant dividend yield		0.00%
Private placement warrant expected life (in years)		5 years
Common stock warrants fair value		$ 1,037,500
Warrants expiration period		5 years
Previous Lender
Stockholders Equity [Line Items]
Warrants to purchase common stock cancelled		400,000
2017 Consultant Warrant
Stockholders Equity [Line Items]
Warrants issued to purchase common stock		60,000
Warrant exercise price		$ 4.60			$ 4.60
Warrants expiration date		Feb. 8, 2019			Feb. 8, 2019
Private placement warrant estimated volatility		78.80%
Private placement warrant risk free interest rate		1.22%
Private placement warrant dividend yield		0.00%
Private placement warrant expected life (in years)		2 years
Common stock warrants fair value		$ 119,000
Warrants expiration period		2 years
Maximum | Common Stock
Stockholders Equity [Line Items]
Shares issued, price per share					$ 4
Maximum | Common Stock | 2014 Consultant Warrant
Stockholders Equity [Line Items]
Warrants issued to purchase common stock				85,000
Series A Participating Preferred Stock
Stockholders Equity [Line Items]
Preferred stock, shares authorized					40,000
Preferred stock, par value					$ 0.001
Preferred stock, outstanding								0	0
Series B Preferred Stock
Stockholders Equity [Line Items]
Preferred stock, shares authorized					5,000,000
Preferred stock, par value	$ 0.001				$ 0.001
Preferred stock, outstanding					3,000,000
Shares issued, price per share	$ 4
Total purchase price payable	$ 20,000,000
Convertible preferred stock, terms of conversion					Each Share shall be convertible into the Company’s common stock (i) following the sixth (6th) anniversary of the initial closing of the Private Placement or (ii) if earlier, during the thirty (30) day period following the last trading day of any period of three (3) or more consecutive trading days that the closing market price of the Company’s common stock exceeds $10.00. Each Share is convertible at the option of the holder of shares of Series B Preferred Stock into such number of shares of the Company’s common stock
Convertible preferred stock, threshold closing market price of entity stock	$ 10
Percentage of beneficially ownership limitation in excess of outstanding common stock immediately after effect to applicable conversion	19.90%
Minimum conversion price					$ 3.27
Dividend payment terms					Each Share is entitled to an annual dividend of 5% for the first six (6) years following the issuance of such Share and 3% for each year thereafter, with the Company retaining the option to settle each year’s dividend after the tenth (10th) year in cash. The dividends accrue and are payable in kind upon such time as the Shares convert into the Company’s common stock
Annual dividend for first six years					5.00%
Annual dividend for each year after sixth year					3.00%
Expected price per share distributable to stockholders	$ 4
Series B Preferred Stock | Common Stock
Stockholders Equity [Line Items]
Preferred stock shares convertible into common stock					3,000,000
Series B Preferred Stock | Private Placement at Initial Closing of Transaction
Stockholders Equity [Line Items]
Issuance of stock (in shares)	3,000,000
Shares issued, price per share	$ 4
Total purchase price payable	$ 12,000,000
Series B Preferred Stock | Private Placement at Second Closing of Transaction
Stockholders Equity [Line Items]
Issuance of stock (in shares)	2,000,000
Shares issued, price per share	$ 4
Total purchase price payable	$ 8,000,000
Series B Preferred Stock | Maximum
Stockholders Equity [Line Items]
Preferred stock, shares authorized					5,000,000
Preferred stock, issued	5,000,000

Summary of Outstanding Warrants

Summary of Outstanding Warrants Issued by Company (Detail) - $ / shares	Feb. 08, 2017	Aug. 13, 2014	Mar. 31, 2018
Class Of Warrant Or Right [Line Items]
Number of Shares Issuable Upon Exercise			765,000
2014 Consultant Warrant
Class Of Warrant Or Right [Line Items]
Number of Shares Issuable Upon Exercise			85,000
Weighted Average Exercise Price		$ 10.70	$ 10.70
Issue Date			Aug. 13, 2014
Expiration Date		Aug. 13, 2019	Aug. 13, 2019
East West Bank Warrant
Class Of Warrant Or Right [Line Items]
Number of Shares Issuable Upon Exercise			40,000
Weighted Average Exercise Price	$ 3.64		$ 3.64
Issue Date			Feb. 8, 2017
Expiration Date	Feb. 8, 2022		Feb. 8, 2022
VLL7 and VLL8 Warrants
Class Of Warrant Or Right [Line Items]
Number of Shares Issuable Upon Exercise			580,000
Weighted Average Exercise Price			$ 2
Issue Date			Feb. 8, 2017
Expiration Date			Feb. 8, 2022
2017 Consultant Warrant
Class Of Warrant Or Right [Line Items]
Number of Shares Issuable Upon Exercise			60,000
Weighted Average Exercise Price	$ 4.60		$ 4.60
Issue Date			Feb. 8, 2017
Expiration Date	Feb. 8, 2019		Feb. 8, 2019

Summary of Activity under Stock

Summary of Activity under Stock-Based Compensation Plans (Detail)	3 Months Ended
	Mar. 31, 2018$ / sharesshares
Stock Options Number Outstanding
Beginning Balance | shares	672,441
Cancelled or Expired | shares	(10,589)
Ending Balance | shares	661,852
Vested or expected to vest at March 31, 2018 | shares	653,617
Exercisable at March 31, 2018 | shares	491,847
Stock Options Average Exercise Price per share
Beginning Balance | $ / shares	$ 6.28
Cancelled or Expired | $ / shares	17.85
Ending Balance | $ / shares	6.09
Vested or expected to vest at March 31, 2018 | $ / shares	6.11
Exercisable at March 31, 2018 | $ / shares	$ 6.64
Stock Options Remaining Contractual Life (in years)
Remaining Contractual Life	7 years 1 month 2 days
Vested or expected to vest at March 31, 2018	7 years 29 days
Exercisable at March 31, 2018	6 years 8 months 23 days

Summary Information about Optio

Summary Information about Options Outstanding (Detail)	3 Months Ended
	Mar. 31, 2018$ / sharesshares
$4.36 - $7.20
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Range of Exercise Prices, lower limit	$ 4.36
Range of Exercise Prices, upper limit	$ 7.20
Options Number Outstanding | shares	479,810
Options Outstanding Weighted Average Remaining Contractual Life (Years)	7 years 11 months 8 days
Options Outstanding Weighted Average Exercise Price	$ 4.48
Options Number Exercisable | shares	313,138
Options Exercisable Weighted Average Exercise Price	$ 4.55
$7.50 - $11.30
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Range of Exercise Prices, lower limit	7.50
Range of Exercise Prices, upper limit	$ 11.30
Options Number Outstanding | shares	157,311
Options Outstanding Weighted Average Remaining Contractual Life (Years)	5 years 10 days
Options Outstanding Weighted Average Exercise Price	$ 9.29
Options Number Exercisable | shares	153,978
Options Exercisable Weighted Average Exercise Price	$ 9.26
$12.00 - $19.70
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Range of Exercise Prices, lower limit	12
Range of Exercise Prices, upper limit	$ 19.70
Options Number Outstanding | shares	17,396
Options Outstanding Weighted Average Remaining Contractual Life (Years)	4 years 3 months 3 days
Options Outstanding Weighted Average Exercise Price	$ 13.66
Options Number Exercisable | shares	17,396
Options Exercisable Weighted Average Exercise Price	$ 13.66
$21.70 - $29.20
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Range of Exercise Prices, lower limit	21.70
Range of Exercise Prices, upper limit	$ 29.20
Options Number Outstanding | shares	7,335
Options Outstanding Weighted Average Remaining Contractual Life (Years)	2 years 8 months 12 days
Options Outstanding Weighted Average Exercise Price	$ 24.66
Options Number Exercisable | shares	7,335
Options Exercisable Weighted Average Exercise Price	$ 24.66
$4.36 - $29.20
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Range of Exercise Prices, lower limit	4.36
Range of Exercise Prices, upper limit	$ 29.20
Options Number Outstanding | shares	661,852
Options Outstanding Weighted Average Remaining Contractual Life (Years)	7 years 1 month 2 days
Options Outstanding Weighted Average Exercise Price	$ 6.09
Options Number Exercisable | shares	491,847
Options Exercisable Weighted Average Exercise Price	$ 6.64

Summary of Restricted Stock and

Summary of Restricted Stock and Restricted Stock Unit (RSU) Activity (Detail) - Restricted Stock and Restricted Stock Units	3 Months Ended
	Mar. 31, 2018$ / sharesshares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unvested beginning balance, Number Outstanding | shares	1,460,044
Granted, Number Outstanding | shares	352,969
Vested, Number Outstanding | shares	(156,013)
Forfeited, Number Outstanding | shares	(114,510)
Unvested ending balance, Number Outstanding | shares	1,542,490
Shares vested but not released, Number Outstanding | shares	329,056
Unvested beginning balance, Weighted Average Fair Value | $ / shares	$ 3.08
Granted, Weighted Average Fair Value | $ / shares	3.71
Vested, Weighted Average Fair Value | $ / shares	3.60
Forfeited, Weighted Average Fair Value | $ / shares	2.67
Unvested ending balance, Weighted Average Fair Value | $ / shares	3.20
Shares vested but not released, Weighted Average Fair Value | $ / shares	$ 2.77

Stock-Based Compensation Expens

Stock-Based Compensation Expense Related to Stock Options and RSUs (Detail) - Stock Options and Restricted Stock Units - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-Based Compensation Expense	$ 635	$ 591
Cost of revenue
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-Based Compensation Expense	19	24
Research and Development Expense
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-Based Compensation Expense	135	115
Selling and Marketing Expense
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-Based Compensation Expense	158	160
General and Administrative Expense
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-Based Compensation Expense	$ 323	$ 292

Summary of Common Stock Reserve

Summary of Common Stock Reserved for Future Issuance (Detail)	Mar. 31, 2018shares
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Common stock reserved for future issuance	9,180,563
Exercise of Outstanding Stock Options and Vesting of RSUs, Issuance of RSUs Vested but not Released
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Common stock reserved for future issuance	2,533,398
ESPP
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Common stock reserved for future issuance	293,888
Shares of Common Stock Available for Grant Under the 2011 Plan
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Common stock reserved for future issuance	282,995
Noncontrolling Interest in Bluehill ID AG
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Common stock reserved for future issuance	10,355
Warrants to Purchase Common Stock
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Common stock reserved for future issuance	765,000
Shares of Common Stock Issuable on Conversion of Series B Preferred Stock
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Common stock reserved for future issuance	5,000,000
Shares of Common Stock Subject to Holdback Provisions of Acquisition of 3VR
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Common stock reserved for future issuance	294,927

Net Loss per Common Share Attri

Net Loss per Common Share Attributable to Identiv Stockholders' Equity (Detail) - shares	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Common stock equivalents diluted net loss per share inclusion anti-dilutive	6,274,624	3,665,281
RSUs
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Common stock equivalents diluted net loss per share inclusion anti-dilutive	1,542,490	1,922,111
Options
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Common stock equivalents diluted net loss per share inclusion anti-dilutive	661,852	780,937
Warrants
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Common stock equivalents diluted net loss per share inclusion anti-dilutive	765,000	951,878
Noncontrolling Interest
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Common stock equivalents diluted net loss per share inclusion anti-dilutive	10,355	10,355
Shares of Common Stock Issuable upon Conversion of Series B Preferred Stock
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Common stock equivalents diluted net loss per share inclusion anti-dilutive	3,000,000
Shares of Common Stock Subject to Holdback Provisions of Acquisition of 3VR
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Common stock equivalents diluted net loss per share inclusion anti-dilutive	294,927

Inventories (Detail)

Inventories (Detail) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Inventory Disclosure [Abstract]
Raw materials	$ 3,900	$ 3,700
Work-in-progress	12	22
Finished goods	7,644	7,404
Total	$ 11,556	$ 11,126

Property and Equipment, Net (De

Property and Equipment, Net (Detail) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Property Plant And Equipment [Line Items]
Property and equipment, gross	$ 15,556	$ 15,149
Accumulated depreciation	(13,405)	(13,106)
Property and equipment, net	2,151	2,043
Building and Leasehold Improvements
Property Plant And Equipment [Line Items]
Property and equipment, gross	2,099	1,917
Furniture, Fixtures and Office Equipment
Property Plant And Equipment [Line Items]
Property and equipment, gross	1,833	1,771
Plant and Machinery
Property Plant And Equipment [Line Items]
Property and equipment, gross	9,520	9,411
Purchased Software
Property Plant And Equipment [Line Items]
Property and equipment, gross	$ 2,104	$ 2,050

Balance Sheet Components - Addi

Balance Sheet Components - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Property Plant And Equipment [Abstract]
Depreciation expense	$ 0.3	$ 0.3

Other Accrued Expenses and Liab

Other Accrued Expenses and Liabilities (Detail) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Accrued Liabilities And Other Liabilities Current [Abstract]
Share-settled liability	$ 1,000
Accrued professional fees	596	$ 1,065
Income taxes payable	36	19
Other accrued expenses	1,570	936
Total	$ 3,202	$ 2,020

Summary of Carrying Amount of G

Summary of Carrying Amount of Goodwill Resulting from Acquisition of 3VR (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)
Goodwill [Line Items]
Ending Balance	$ 5,880
3VR
Goodwill [Line Items]
Acquisition of business	5,880
Ending Balance	5,880
3VR | Premises
Goodwill [Line Items]
Acquisition of business	5,880
Ending Balance	$ 5,880

Summary of Gross Carrying Amoun

Summary of Gross Carrying Amount and Accumulated Amortization for Intangible Assets Resulting from Acquisitions (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Acquired Finite Lived Intangible Assets [Line Items]
Gross carrying amount	$ 21,539	$ 15,239
Accumulated amortization	(11,322)	(10,874)
Intangible Assets, net	$ 10,217	4,365
Minimum
Acquired Finite Lived Intangible Assets [Line Items]
Amortization period (in years)	3 years
Maximum
Acquired Finite Lived Intangible Assets [Line Items]
Amortization period (in years)	12 years
Trademarks
Acquired Finite Lived Intangible Assets [Line Items]
Amortization period (in years)	5 years
Gross carrying amount	$ 400
Accumulated amortization	(10)
Intangible Assets, net	390
Developed Technology
Acquired Finite Lived Intangible Assets [Line Items]
Gross carrying amount	7,600	4,600
Accumulated amortization	(3,406)	(3,257)
Intangible Assets, net	$ 4,194	1,343
Developed Technology | Minimum
Acquired Finite Lived Intangible Assets [Line Items]
Amortization period (in years)	10 years
Developed Technology | Maximum
Acquired Finite Lived Intangible Assets [Line Items]
Amortization period (in years)	12 years
Customer Relationship
Acquired Finite Lived Intangible Assets [Line Items]
Gross carrying amount	$ 13,539	10,639
Accumulated amortization	(7,906)	(7,617)
Intangible Assets, net	$ 5,633	$ 3,022
Customer Relationship | Minimum
Acquired Finite Lived Intangible Assets [Line Items]
Amortization period (in years)	4 years
Customer Relationship | Maximum
Acquired Finite Lived Intangible Assets [Line Items]
Amortization period (in years)	12 years

Amortization Expense Included i

Amortization Expense Included in Condensed Consolidated Statements of Operations (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Finite Lived Intangible Assets [Line Items]
Amortization expense	$ 447	$ 364
Cost of revenue
Finite Lived Intangible Assets [Line Items]
Amortization expense	149	112
Selling and Marketing Expense
Finite Lived Intangible Assets [Line Items]
Amortization expense	$ 298	$ 252

Estimated Future Amortization E

Estimated Future Amortization Expense of Purchased Intangible Assets with Definite Lives (Detail) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Goodwill And Intangible Assets Disclosure [Abstract]
2018 (remaining nine months)	$ 1,594
2,019	2,125
2,020	2,125
2,021	670
2,022	670
Thereafter	3,033
Intangible Assets, net	$ 10,217	$ 4,365

Long-Term Payment Obligation -

Long-Term Payment Obligation - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2012
Related Party Transaction [Line Items]
Interest accreted on long-term payment obligation	$ 0.1	$ 0.1
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) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Related Party Transaction [Line Items]
Less: Current portion - payment obligation	$ (919)	$ (888)
Long-term payment obligation	2,731	$ 2,998
Hirsch Electronics
Related Party Transaction [Line Items]
2018 (remaining nine months)	930
2,019	1,277
2,020	1,422
2,021	367
Present value discount factor	(346)
Total	3,650
Less: Current portion - payment obligation	(919)
Long-term payment obligation	$ 2,731

Summary of Financial Liabilitie

Summary of Financial Liabilities (Detail) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Total before discount and debt issuance costs	$ 18,004	$ 13,736
Less: Current portion of notes payable	(2,000)
Less: Current portion of financial liabilities	(12,401)	(9,829)
Less: Current portion of unamortized discount and debt issuance costs	(557)	(404)
Less: Long-term portion of unamortized discount and debt issuance costs	(424)	(582)
Long-term financial liabilities	2,622	2,921
Term Loan
Debt Instrument [Line Items]
Total before discount and debt issuance costs	4,859	5,000
Notes Payable
Debt Instrument [Line Items]
Total before discount and debt issuance costs	2,000
Revolving Credit Facility
Debt Instrument [Line Items]
Total before discount and debt issuance costs	$ 11,145	$ 8,736

Financial Liabilities - Additio

Financial Liabilities - Additional Information (Detail) - USD ($)	Feb. 21, 2018	Feb. 14, 2018	Dec. 28, 2017	Feb. 08, 2017	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Debt Instrument [Line Items]
Payment of debt instrument, aggregate principal amount					$ 10,952,000	$ 22,014,000
Debt instrument, outstanding prinicipal balance					$ 18,004,000		$ 13,736,000
Loss on extinguishment of debt						$ (977,000)
3VR
Debt Instrument [Line Items]
Date of acquisition completed		Feb. 14, 2018			Feb. 14, 2018
Business combination, issuance of notes		$ 2,000,000
Repayment of indebtedness outstanding of acquiree	$ 3,600,000
Term Loan
Debt Instrument [Line Items]
Debt instrument, outstanding prinicipal balance					$ 4,859,000		5,000,000
Term Loan | Venture Lending & Leasing VII and VIII, Inc.
Debt Instrument [Line Items]
Loan maturity date					Aug. 8, 2020
Debt instrument, interest per annum rate				12.50%
Debt instrument scheduled interest accrued and payable				80.00%
Debt instrument, interest term				12 months
Payment of debt instrument, aggregate principal amount			$ 5,000,000
Debt instrument, outstanding prinicipal balance			10,000,000
Debt instrument payment, principal and interest			5,900,000
Debt instrument, outstanding principal			5,000,000
Debt instrument, accrued and unpaid interest outstanding			900,000
Loss on extinguishment of debt			$ 1,800,000
Revolving Credit Facility
Debt Instrument [Line Items]
Debt instrument, outstanding prinicipal balance					$ 11,145,000		$ 8,736,000
Revolving Credit Facility | Minimum
Debt Instrument [Line Items]
Line of credit facility liquidity covenant in cash				$ 4,000,000
Notes Payable
Debt Instrument [Line Items]
Debt instrument, outstanding prinicipal balance					2,000,000
Notes Payable | 3VR
Debt Instrument [Line Items]
Business combination, issuance of notes					$ 2,000,000
Annual interest rate of notes					3.00%
Notes payable, description					The Company issued subordinated unsecured promissory notes (“notes payable”) in the aggregate principal amount of $2.0 million, with an annual interest rate of 3.0%, payable on the one year anniversary of the closing date.
Previous Lender
Debt Instrument [Line Items]
Warrants to purchase common stock cancelled					400,000
Loan and Security Agreements
Debt Instrument [Line Items]
Line of credit facility customary fees and expenses including facility fees					$ 120,000
Loan and Security Agreements | Revolving Credit Facility
Debt Instrument [Line Items]
Borrowing capacity under non-formula line of credit				$ 3,000,000
Line of credit facility early termination fee percentage				1.00%
Interest payable monthly date					Mar. 1, 2017
Line of credit facility additional facility fees paid				$ 40,000
Loan and Security Agreements | Revolving Credit Facility | Prime Rate
Debt Instrument [Line Items]
Percentage of interest rate				1.00%
Loan facility payable date					Feb. 8, 2019
Loan and Security Agreements | East West Bank | Revolving Credit Facility
Debt Instrument [Line Items]
Borrowing capacity under credit facility				$ 16,000,000
Loan and Security Agreements | Venture Lending & Leasing VII and VIII, Inc. | Term Loan Facility
Debt Instrument [Line Items]
Borrowing capacity under credit facility				$ 10,000,000

Summary of Timing of Repayment

Summary of Timing of Repayment Obligations for Company's Long-term Financial Liabilities for Next Four Years (Detail) - Amended Credit Agreement - Term Loan $ in Thousands	Mar. 31, 2018USD ($)
Debt Instrument [Line Items]
2,018	$ 1,339
2,019	1,990
2,020	1,530
Total	$ 4,859

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail)	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Corporate tax rate	21.00%	35.00%

Segment Reporting and Geograp68

Segment Reporting and Geographic Information - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2018Segment
Segment Reporting [Abstract]
Number of reportable business segments	4

Information Regarding Net Reven

Information Regarding Net Revenue and Gross Profit by Segment (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Segment Reporting Information [Line Items]
Net revenue	$ 16,528	$ 13,392
Gross profit	$ 6,508	$ 5,697
Gross profit margin	39.00%	43.00%
Operating expenses:
Research and development	$ 1,687	$ 1,477
Selling and marketing	3,903	3,379
General and administrative	2,555	1,787
Restructuring and severance	110
Total operating expenses	8,255	6,643
Loss from operations	(1,747)	(946)
Non-operating income (expense):
Interest expense, net	(476)	(674)
Gain on extinguishment of debt		977
Foreign currency (losses) gains, net	(38)	(152)
Loss before income taxes and noncontrolling interest	(2,261)	(795)
Premises
Segment Reporting Information [Line Items]
Net revenue	7,506	5,364
Gross profit	$ 4,155	$ 3,099
Gross profit margin	55.00%	58.00%
Identity
Segment Reporting Information [Line Items]
Net revenue	$ 2,780	$ 3,089
Gross profit	$ 929	$ 1,124
Gross profit margin	33.00%	36.00%
Credentials
Segment Reporting Information [Line Items]
Net revenue	$ 6,242	$ 4,935
Gross profit	$ 1,424	$ 1,470
Gross profit margin	23.00%	30.00%
All Other
Segment Reporting Information [Line Items]
Net revenue		$ 4
Gross profit		$ 4
Gross profit margin		100.00%

Information Regarding Net Rev70

Information Regarding Net Revenue by Geographic Region (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Segment Reporting Information [Line Items]
Net revenue	$ 16,528	$ 13,392
Percentage of net revenue	100.00%	100.00%
Americas
Segment Reporting Information [Line Items]
Net revenue	$ 13,232	$ 9,108
Percentage of net revenue	80.00%	68.00%
Europe and the Middle East
Segment Reporting Information [Line Items]
Net revenue	$ 2,308	$ 1,879
Percentage of net revenue	14.00%	14.00%
Asia-Pacific
Segment Reporting Information [Line Items]
Net revenue	$ 988	$ 2,405
Percentage of net revenue	6.00%	18.00%

Long-Lived Assets by Geographic

Long-Lived Assets by Geographic Location (Detail) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Property and equipment, net	$ 2,151	$ 2,043
Americas
Segment Reporting Information [Line Items]
Property and equipment, net	1,123	868
Europe and the Middle East
Segment Reporting Information [Line Items]
Property and equipment, net	62	89
Asia-Pacific
Segment Reporting Information [Line Items]
Property and equipment, net	$ 966	$ 1,086

Restructuring and Severance - A

Restructuring and Severance - Additional Information (Detail) - USD ($)	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2016
Restructuring And Related Activities [Abstract]
Restructuring accrual	$ 0	$ 134,000	$ 237,000

Restructuring and Severance (De

Restructuring and Severance (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Restructuring And Related Activities [Abstract]
Balance at beginning of period		$ 237,000
Restructuring expense incurred for the period	$ 110,000
Payments and non-cash item adjustment during the period	(110,000)	(103,000)
Balance at end of period	$ 0	$ 134,000

Summary of Principal Contractua

Summary of Principal Contractual Obligations (Detail) $ in Thousands	Mar. 31, 2018USD ($)
Operating Leases
2018 (remaining nine months)	$ 1,455
2,019	1,812
2,020	1,612
2,021	1,375
2,022	578
Thereafter	37
Contractual Obligation, Total	6,869
Purchase Commitments
2018 (remaining nine months)	13,574
2,019	450
2,020	450
2,021	450
2,022	450
Contractual Obligation, Total	15,374
Other Contractual Commitments
2018 (remaining nine months)	68
2,019	13
2,020	13
2,021	13
2,022	13
Thereafter	13
Contractual Obligation, Total	133
Total Commitments
2018 (remaining nine months)	15,097
2,019	2,275
2,020	2,075
2,021	1,838
2,022	1,041
Thereafter	50
Contractual Obligation, Total	$ 22,376

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2018
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