Prism Technologies 10-Q 15 May 17 2017 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information	3 Months Ended
	Mar. 31, 2017shares
Document Information [Line Items]
Entity Registrant Name	Prism Technologies Group, Inc.
Entity Central Index Key	1,077,370
Trading Symbol	przm
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)	10,073,688
Document Type	10-Q
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 655,000	$ 589,000
Restricted cash equivalents	0	400,000
Prepaid expenses and other current assets	538,000	599,000
Total current assets	1,193,000	1,588,000
Intangible assets, net	13,691,000	15,255,000
Goodwill	54,000	54,000
Other assets	22,000	22,000
Total assets	14,960,000	16,919,000
Current liabilities:
Accounts payable	388,000	384,000
Accrued expenses	2,563,000	1,508,000
Accrued contingent consideration, current	358,000
Notes payable, net	3,487,000	3,298,000
Derivative liability	464,000	405,000
Debt due to related party	315,000	252,000
Total current liabilities	7,575,000	5,847,000
Accrued contingent consideration, non-current	8,946,000	11,539,000
Other liabilities		45,000
Total liabilities	16,521,000	17,431,000
Commitments and contingencies (Note 12)
Stockholders’ deficit:
Common stock	15,000	15,000
Paid-in capital	231,393,000	231,374,000
Treasury stock	(10,323,000)	(10,323,000)
Accumulated deficit	(222,646,000)	(221,578,000)
Total stockholders’ deficit	(1,561,000)	(512,000)
Total liabilities and stockholders’ deficit	$ 14,960,000	$ 16,919,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Total revenues	$ 110
Cost of revenues	(91)
Gross margin	19
Operating expenses:
General and administrative	1,445	1,112
Amortization	1,325	2,182
Asset Impairment Charges	239
Total operating expenses	3,009	3,294
Loss from operations	(2,990)	(3,294)
Other income (expense), net	2,251	2
Interest expense	(266)	(170)
Interest expense to a related party	(63)
Net loss before income taxes	(1,068)	(3,462)
Income tax benefit
Net loss	$ (1,068)	$ (3,462)
Net loss per share:
Basic and diluted (in dollars per share)	$ (0.11)	$ (0.34)
Shares used in computing net loss per share:
Basic and diluted (in shares)	10,074	10,074

Condensed Consolidated Stateme4

Condensed Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Net loss	$ (1,068)	$ (3,462)
Comprehensive loss	$ (1,068)	$ (3,462)

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash flows from operating activities:
Net loss	$ (1,068)	$ (3,462)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation	19	19
Amortization	1,325	2,182
Revaluation of derivative liability	59
Impairment of intangible assets	239
Imputed interest expense on contingent consideration	74	86
Imputed interest on notes payable	252	83
Revaluation of contingent consideration	(2,309)
Net changes in operating assets and liabilities:
Prepaid expenses and other current assets	61	24
Accounts payable	4	104
Accrued expenses and other current liabilities	1,010	(30)
Net cash used in operating activities	(334)	(994)
Cash flows from investing activities:
Redemptions of short-term investments		1,494
Redemptions of restricted cash equivalents	400	200
Net cash provided by investing activities	400	1,694
Net increase in cash and cash equivalents	66	700
Cash and cash equivalents, beginning of period	589	1,756
Cash and cash equivalents, end of period	$ 655	$ 2,456

Note 1 - Business of Prism Tech

Note 1 - Business of Prism Technologies Group, Inc.	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	1. Prism Technologies Group, Inc. (referred to herein as “PTG”, “we”, “our” or “us”) was originally incorporated in California in February 1995 October 1996.The 101 100, 95630, (916) 932 2860. www.przmgroup.com . Since December 21, 2011, March 26, 2015, two 50 September 2015,

Note 2 - Basis of Presentation

Note 2 - Basis of Presentation and Liquidity	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Business Description and Basis of Presentation [Text Block]	2. The consolidated financial statements include the accounts of P TG and its wholly-owned subsidiaries, Goldrush Insurance Services, Inc. and Prism Technologies LLC. All significant inter-company accounts and transactions have been eliminated in the consolidated financial statements. The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information and with the instructions to Form 10 8 03 March 31, 2017 three March 31, 2017 2016 three March 31, 2017 2016. three March 31, 2017 The accompanying financial statements have been prepared under the assumption that PTG will continue to operate as a going concern, which contemplates the realization of assets and the settlement of liabilities in the normal course of business. The consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts of liabilities that may As of March 31, 201 7, $0.7 $4.3 $3.3 2017. one two 2016 $750,000 10), fourth 2017. twelve 10 may These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in our Annual Report on Form 10 December 31, 2016 Summary of Significant Accounting Policies Revenue recognition In general, patent licensing arrangements are expected to provide for the payment of contractually determined fees in consideration for the grant of certain intellectual property rights for patented technologies owned or controlled by PTG. Complex revenue arrangements may PTG recognizes revenue when (i) persuasive evidence of a contractual arrangement between PTG and the licensee exists, which create legally enforceable rights and obligations, (ii) delivery of the licensee agreement was provided to the licensee, based upon the point at which control of license transfers to the licensee, (iii) the price to the licensee was fixed or determinable, represents the amount of consideration to which PTG expects to be entitled in exchange for transferring the promised licensee agreement to a licensee and (iv) collectability of consideration to which PTG is entitled to is reasonably assured. Cost of Revenues Cost of revenues include the costs and expenses incurred in connection with PTG''s patent licensing and enforcement activities, including contingent fee based legal expenses, other patent-related legal expenses paid to external patent counsel, licensing and enforcement related research, consulting and other expenses paid to third-parties. These costs are included under the caption "Cost of revenues" in the accompanying consolidated statements of operations. Business Combination Accounting We account for acquisitions in accordance with ASC 805 “Business Combinations.” March 26, 2015 may one first, Intangible Assets The fair value amount assigned to each acquired patent asset is being amortized on a straight-line basis over a period ranging from 1.5 6.5 4.8 100% The amortization period of the covenants not to compete with Prism LLC’s officers is three PTG evaluates the recoverability of its long-lived assets, including intangible assets subject to amortization in accordance with Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 360, Property, Plant and Equipment 360 may As a result of adverse litigation events in the first 2017, ASC 360 $0.2 first 2017. $0.2 Goodwill Goodwill represents the excess of: (a) the aggregate of the fair value of consideration transferred, the fair value of any noncontrolling interest in the acquiree (if any) and the acquisition date fair value of PTG’s previously held equity interest in the acquiree (if any), over (b) the fair value of assets acquired and liabilities assumed. Goodwill, deemed to have an indefinite life is subject to periodic impairment testing as described below. Goodwill is tested for impairment on a periodic basis, and at least annually in the fourth first second second In addition, PTG would evaluate goodwill for impairment if events or circumstances change between annual tests indicating a possible impairment. Examples of such events or circumstances include the following: ● a significant adverse change in legal factors or in the business climate; ● a more likely than not expectation that a segment or a significant portion thereof will be sold; or ● the testing for recoverability of a significant asset group within the segment. Derivative instruments We assess whether activities which provide capital to fund our operations include embedded features that are derivatives instruments. If a derivative instrument is embedded, the instrument is accounted for separately from the host contract. Changes in fair value are recognized in other income or loss, consistent with the underlying derivative instrument. As a result, any change in the value of our derivative instrument would be substantially offset by an opposite change in the value of the underlying derivative item. We do not use derivative instruments for trading or speculative purposes. Since this activity is not part of our normal course of business, we consider the risk in this area to be low. Share-Based Payments We account for share-based compensation in accordance with ASC 718 “Compensation – Stock Compensation.” 718, may Recent ly Adopted Accounting Pronouncements In March 2016, 2016 09, Compensation - Stock Compensation 718) : Improvements to Employee Share-Based Payment Accounting December 15, 2016. 2016 09 January 1, 2017. $4.0 $64.7 $68.7 the valuation allowance at March 31, 2017. In November 2015, 2015 17, 2015 17”), 2015 17 December 15, 2016, may 2015 17 January 1, 2017. Recent Accounting Pronouncements In May 2014, 2014 09, December 15, 2017. 2014 09 In August 2016, (“ASU”) No. 2016 15, 2016 15 December 15, 2017, 2016 15

Note 3 - Acquisition and Purcha

Note 3 - Acquisition and Purchase Accounting	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Business Combination Disclosure [Text Block]	3. Acquisition and Purchase Accounting On March 26, 2015, $58.3 805 “Business Combinations.” $75.4 $75.4 $16.5 ($1.3 $15.2 April, 2015); $9.4 3.5 $49.5 Contingent Consideration The contingent consideration payable to Prism LLC’s former members consists of a share of future revenues related to lawsuits filed by Prism LLC prior to the Closing Date (“Open Suits”). Under the terms of the Merger Agreement, we will retain the first $16.5 70% $49.5 March 31, September 30 December 31, 20% December 31. 4

Note 4 - Fair Value Measurement

Note 4 - Fair Value Measurements	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Fair Value Disclosures [Text Block]	4. Fair Value Measurements The following table presents the assets measured at fair value on a recurring basis as of March 31, 201 7 March 31, 201 7 Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 655 $ 655 $ — $ — Restricted cash equivalents — — — — Total assets at fair value $ 655 $ 655 $ — $ — March 31, 201 7 Level 1 Level 2 Level 3 Liabilities: Contingent consideration $ 9,304 $ — $ — $ 9,304 Derivative liability 464 464 Total liabilities at fair value $ 9,768 $ — $ — $ 9,768 The following table presents the financial assets measured at fair value on a recurring basis as of December 31, 2016 December 31, 201 6 Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 589 $ 589 $ — $ — Restricted cash equivalents 400 400 — — Total assets at fair value $ 989 $ 989 $ — $ — December 31, 201 6 Level 1 Level 2 Level 3 Liabilities: Contingent consideration $ 11,539 $ — $ — $ 11,539 Derivative liability 405 — — 405 Total liabilities at fair value $ 11,944 $ — $ — $ 11,944 Cash equivalents and restricted cash equivalents include certificates of deposit, money market deposit accounts and money market funds. The carrying value of these cash equivalents and restricted cash equivalents approximates fair value. For these securities, we use quoted prices in active markets for identical assets to determine their fair value that are considered to be Level 1 . The contingent consideration payable to Prism LLC's former members consists of a share of future revenues related to lawsuits filed by Prism LLC prior to the Closing Date ("Open Suits"). See Note 3 3 As discussed in Note 9, December 21, 2016 $500,000 815, 3

Note 5 - Restricted Cash Equiva

Note 5 - Restricted Cash Equivalents	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Restricted Assets Disclosure [Text Block]	5. As of March 31, 201 7 December 31, 2016, $0 $0.4 February 28, 2017, March 15, 2017, $0.4 restricted cash equivalents.

Note 6 - Other Assets

Note 6 - Other Assets	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Other Assets Disclosure [Text Block]	6. Prism LLC owns several life insurance policies (also referred to as “life settlement contracts”). These life settlement contracts were part of the assets we acquired in the Merger. A life settlement contract is the payment of cash to an insured in return for an assignment of ownership or beneficial interest in, and the right to receive the value of, a life insurance policy upon the death of the insured. In 2016, $40,000 $38,000 five Life settlement contracts are preliminarily recorded at cash surrender value, with premium payments expensed as incurred. The policies are not subject to amortization; however, we analyze the carrying value for the impairment annually. Based upon our analysis, no three March 31, 2017. December 31, 2016, two $37,000. December 31, 2016. $40,000 Life settlement contracts consist of the following (in thousands): March 31, 201 7 December 31, 201 6 Number of individual life insurance policies held 4 4 Aggregate face/maturity value of all policies $ 1,800 $ 1,800 Cash surrender value of all policies $ 18 $ 18

Note 7 - Intangible Assets

Note 7 - Intangible Assets	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	7. Intangible assets, net, include the following amounts (in thousands): March 31, 201 7 December 31, 201 6 Goodwill $ 54 $ 54 Patent portfolio 33,791 34,030 Covenant not to compete 1,332 1,332 Total goodwill and other intangible assets 35,177 35,416 Accumulated amortization patent portfolio (20,356 ) (19,096 ) Accumulated amortization covenant not to compete (1,076 ) (1,011 ) Total goodwill and other intangible assets, net $ 13,745 $ 15,309 Goodwill, the excess of the purchase price paid to former members of Prism LLC over the fair market value of the net assets acquired, in the amount of $0.1 not Acquisition-related intangible assets are amortized using the straight-line method over their estimated economic lives from 3 6.5 March 31, 2017, 2.38 As of March 31, 201 7, $3.9 nine 2017. Year Ended December 31, 2017 3,903 2018 5,003 2019 3,767 2020 588 202 1 430 Thereafter — Total $ 13,691

Note 8 - Impairment of Long-liv

Note 8 - Impairment of Long-lived Assets	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Asset Impairment Charges [Text Block]	8. Impairment of long-lived assets When indicators are present, PTG evaluates the recoverability of the patent assets based on comparison to estimated undiscounted cash flows to the carrying value of the patent assets, discounte d using a rate commensurate with the risk involved. ● As a result of adverse litigation events in the first 2017, $0.2 $0.2 The events resulting in the reassessment of the patent assets described above also required a reassessment of the contingent consideration liability. Adjustments to the contingent consideration liability were made representing the difference between the contingent consideration as of the acquisition date and accrued imputed interest compared to the contingent consideration expected to be paid, based upon the estimated future undiscounted cash flows expected to be generated. The fair value of the contingent consideration liability was reduced by $2.3 first 2017.

Note 9 - Accrued Expenses

Note 9 - Accrued Expenses	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Other Liabilities Disclosure [Text Block]	9. Accrued expenses and other current liabilities consist of the following (in thousands ): March 31, 2017 December 31, 2016 Accrued lease obligations (See Note 12) $ — $ 34 Incentive compensation accrual 1,572 912 Payroll accrual 991 562 Total accrued expenses $ 2,563 $ 1,508

Note 10 - Notes Payable

Note 10 - Notes Payable	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Debt Disclosure [Text Block]	10. As part of the Merger, PTG assumed $3.6 two four $1,000,000 June 2015 December 2016. 12% On December 21, 2016, $500,000 Prism LLC Technologies LLC v Sprint Spectrum L.P. D/B/A/ Sprint PCS; 16 1456 16 1457), ● two ($1.25 18 ● three amount ($1.5 18 To the extent not recovered from the proceeds associated with the Sprint Litigation, however, the financing party is entitled to recover its principal ($500,000) $59,000. The balance s of the notes payable consist of the following (in thousands): March 31, 201 7 December 31, 201 6 Notes payable, assumed debt $ 3,062 $ 3,062 Notes payable, net due to financing company 201 108 Add accreted interest 224 128 Fair Value $ 3,487 $ 3,298 The installment payments due on December 31, 2015, June 30, 2016 December 2016 PTG has postponed payments of the notes payable upon permission from the note holder. Note Payable, Related Party On December 29, 2016, PTG approved a transaction by which Mr. Enan, Chairman and CEO of PTG, provided PTG with $250,000 $625,000 $7.5 The maturit y of the non-recourse financing agreement with Mr. Enan consists of the following (in thousands): March 31, 201 7 December 31, 201 6 Notes payable $ 250 $ 250 Add accreted interest 65 2 Fair Value $ 315 $ 252 Derivative instruments Our primary objective in holding derivative instruments is to provide capital to fund our operations. Accounting Standards Update ("ASU") No. 2016 06, Derivatives and Hedging, 815) December 21, 2016 $500,000 815, Fair Value of Derivative Instruments The fair values of our outstanding derivative instruments are as follows (in thousands): Derivative Liabilities Balance Sheet Location March 31, 201 7 December 31 , 201 6 Derivative liability Derivative liability 464 405 Fair Value $ 464 $ 405

Note 11 - Net Loss Per Share

Note 11 - Net Loss Per Share	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	11. Basic net loss per share is computed using the weighted-average number of shares of common stock outstanding. Diluted income per share is a measure of the potential dilution that would occur if stock options had been exercised. The following table reconciles the numerator and denominator used to calculate basic and diluted net loss per share of common stock: Three months ended March 31, (In thousands, except per share amounts) 201 7 201 6 Numerator for basic and diluted net loss per share: Net loss available to common stockholders $ (1,068 ) $ (3,462 ) Denominator for net loss per share: Basic and diluted —weighted average shares of common stock outstanding 10,074 10,074 Net loss per share: Basic and diluted $ (0.11 ) $ (0.34 ) Potentially dilutive securities are not included in the diluted net loss calculation because we had a net loss from operations, net of tax. There were no three March 31, 201 7 2016.

Note 12 - Commitments and Conti

Note 12 - Commitments and Contingencies	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	12. Leases We have a non-cancelable 24 May 15, 2017 650 sixty 2,200 August 31, 2017. We had a non-cancelable five February 14, 2017 16,000 May 2013. April 16, 2013, , which also terminated in February 2017.

Note 13 - Legal Proceedings

Note 13 - Legal Proceedings	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Legal Matters and Contingencies [Text Block]	13. Litigation In the ordinary course of business, we are the subject of, or party to, various pending or threatened legal actions, including various counterclaims in connection with our patent enforcement activities. We believe that any liability arising from these actions will not have a material adverse effect on our consolidated financial position, results of operations or cash flows. In connection with any of our patent enforcement actions, it is possible that a defendant may may may Wireless Litigation On June 23, 2015, Prism LLC won a jury verdict in its patent infringement lawsuit against Sprint Spectrum LP d/b/a Sprint PCS (“Sprint”). At the end of a seven 8,387,155 8,127,345. $30 February 2012 December 2014.Sprint March 7, 2017, three April 5, 2017, en banc May 8 th , 2017 No portion of the judgment has been paid by Sprint as of the date of this Quarterly Report on Form 10 On October 30, 2015, 8,387,155 8,127,345. April 6, 2016, ’s motion for judgment as a matter of law and its motion for attorney fees; the court also denied Prism LLC’s motion for judgment as a matter of law and its motion for a new trial. Both parties have appealed to the Federal Circuit and oral arguments are scheduled for June 7, 2017. Patent Infringement lawsuits against United States Cellular Corporation (8:12 125 (8:12 126 Glazer Patent Litigation The U.S. Patent Trial and Appeal Board (“PTAB”) issued two September 8, 2015 7,631,191 B2 Prism LLC Technologies Group, Inc. ● In CBM2014 00100 CBM2015 00009), 1 –32 one 35 103(a). ● In IPR2014 00475, 1 –23 25 32 In a separate and third June 13, 2016 CBM2015 00027, 1 5, 16, 29 32 35 102 103(a). On February 21, 2017, IPR2014 00475 CBM2014 00100 CBM2014 00100 March 23, 2017, CBM2015 00027 ’s ruling in CBM2014 00100. The Glazer patent is the subject of patent infringement litigation in the U.S. District Court for the Eastern District of Texas (Secure Axcess, LLC v. U.S. Bank, et al. 6:13 00717 System on Chip Litigation In March 2015, six ’ motion or by joint stipulations of dismissal. The defendant in the remaining case was HP Enterprise Services, LLC. On July 21, 2016, November 9, 2016, February 3, 2017.

Note 14 - Equity and Stock Opti

Note 14 - Equity and Stock Options	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	14. As of March 31, 2017, $78,000 500,000 five $2.68. 33.33% first first 1/24 66.67% 24 The remaining one five Prism LLC officers are performance based and vest as follows: (i) 33.33% first first 33.33% second first second 33.34% third first third On June 11, 2015, PTG granted 72,500 72,500 70,000 33% one two For the performance based options noted above, in accordance with ASC 718 “Compensation – Stock Compensation.” 0% 100% 2017 March 31, 2017, 50% 2015 none 2016 2017 The 2008 5,000 July 1st first July 1, 2016, 5,000 three $0.27. PTG recognized $19,000 three March 31, 2017 $19,000 2016. During the three March 31, 201 7 2016 no

Note 15 - Subsequent Event

Note 15 - Subsequent Event	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Subsequent Events [Text Block]	15. On May 8 th 2017

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	The consolidated financial statements include the accounts of P TG and its wholly-owned subsidiaries, Goldrush Insurance Services, Inc. and Prism Technologies LLC. All significant inter-company accounts and transactions have been eliminated in the consolidated financial statements. The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information and with the instructions to Form 10 8 03 March 31, 2017 three March 31, 2017 2016 three March 31, 2017 2016. three March 31, 2017 The accompanying financial statements have been prepared under the assumption that PTG will continue to operate as a going concern, which contemplates the realization of assets and the settlement of liabilities in the normal course of business. The consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts of liabilities that may As of March 31, 201 7, $0.7 $4.3 $3.3 2017. one two 2016 $750,000 10), fourth 2017. twelve 10 may These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in our Annual Report on Form 10 December 31, 2016
Revenue Recognition, Policy [Policy Text Block]	Revenue recognition In general, patent licensing arrangements are expected to provide for the payment of contractually determined fees in consideration for the grant of certain intellectual property rights for patented technologies owned or controlled by PTG. Complex revenue arrangements may PTG recognizes revenue when (i) persuasive evidence of a contractual arrangement between PTG and the licensee exists, which create legally enforceable rights and obligations, (ii) delivery of the licensee agreement was provided to the licensee, based upon the point at which control of license transfers to the licensee, (iii) the price to the licensee was fixed or determinable, represents the amount of consideration to which PTG expects to be entitled in exchange for transferring the promised licensee agreement to a licensee and (iv) collectability of consideration to which PTG is entitled to is reasonably assured.
Cost of Sales, Policy [Policy Text Block]	Cost of Revenues Cost of revenues include the costs and expenses incurred in connection with PTG''s patent licensing and enforcement activities, including contingent fee based legal expenses, other patent-related legal expenses paid to external patent counsel, licensing and enforcement related research, consulting and other expenses paid to third-parties. These costs are included under the caption "Cost of revenues" in the accompanying consolidated statements of operations.
Business Combinations Policy [Policy Text Block]	Business Combination Accounting We account for acquisitions in accordance with ASC 805 “Business Combinations.” March 26, 2015 may one first,
Intangible Assets, Finite-Lived, Policy [Policy Text Block]	Intangible Assets The fair value amount assigned to each acquired patent asset is being amortized on a straight-line basis over a period ranging from 1.5 6.5 4.8 100% The amortization period of the covenants not to compete with Prism LLC’s officers is three PTG evaluates the recoverability of its long-lived assets, including intangible assets subject to amortization in accordance with Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 360, Property, Plant and Equipment 360 may As a result of adverse litigation events in the first 2017, ASC 360 $0.2 first 2017. $0.2
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]	Goodwill Goodwill represents the excess of: (a) the aggregate of the fair value of consideration transferred, the fair value of any noncontrolling interest in the acquiree (if any) and the acquisition date fair value of PTG’s previously held equity interest in the acquiree (if any), over (b) the fair value of assets acquired and liabilities assumed. Goodwill, deemed to have an indefinite life is subject to periodic impairment testing as described below. Goodwill is tested for impairment on a periodic basis, and at least annually in the fourth first second second In addition, PTG would evaluate goodwill for impairment if events or circumstances change between annual tests indicating a possible impairment. Examples of such events or circumstances include the following: ● a significant adverse change in legal factors or in the business climate; ● a more likely than not expectation that a segment or a significant portion thereof will be sold; or ● the testing for recoverability of a significant asset group within the segment.
Derivatives, Embedded Derivatives [Policy Text Block]	Derivative instruments We assess whether activities which provide capital to fund our operations include embedded features that are derivatives instruments. If a derivative instrument is embedded, the instrument is accounted for separately from the host contract. Changes in fair value are recognized in other income or loss, consistent with the underlying derivative instrument. As a result, any change in the value of our derivative instrument would be substantially offset by an opposite change in the value of the underlying derivative item. We do not use derivative instruments for trading or speculative purposes. Since this activity is not part of our normal course of business, we consider the risk in this area to be low.
Compensation Related Costs, Policy [Policy Text Block]	Share-Based Payments We account for share-based compensation in accordance with ASC 718 “Compensation – Stock Compensation.” 718, may
New Accounting Pronouncements, Policy [Policy Text Block]	Recent ly Adopted Accounting Pronouncements In March 2016, 2016 09, Compensation - Stock Compensation 718) : Improvements to Employee Share-Based Payment Accounting December 15, 2016. 2016 09 January 1, 2017. $4.0 $64.7 $68.7 the valuation allowance at March 31, 2017. In November 2015, 2015 17, 2015 17”), 2015 17 December 15, 2016, may 2015 17 January 1, 2017. Recent Accounting Pronouncements In May 2014, 2014 09, December 15, 2017. 2014 09 In August 2016, (“ASU”) No. 2016 15, 2016 15 December 15, 2017, 2016 15

Note 4 - Fair Value Measureme22

Note 4 - Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	March 31, 201 7 Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 655 $ 655 $ — $ — Restricted cash equivalents — — — — Total assets at fair value $ 655 $ 655 $ — $ — March 31, 201 7 Level 1 Level 2 Level 3 Liabilities: Contingent consideration $ 9,304 $ — $ — $ 9,304 Derivative liability 464 464 Total liabilities at fair value $ 9,768 $ — $ — $ 9,768 December 31, 201 6 Level 1 Level 2 Level 3 Assets: Cash and cash equivalents $ 589 $ 589 $ — $ — Restricted cash equivalents 400 400 — — Total assets at fair value $ 989 $ 989 $ — $ — December 31, 201 6 Level 1 Level 2 Level 3 Liabilities: Contingent consideration $ 11,539 $ — $ — $ 11,539 Derivative liability 405 — — 405 Total liabilities at fair value $ 11,944 $ — $ — $ 11,944

Note 6 - Other Assets (Tables)

Note 6 - Other Assets (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Life Settlement Contracts, Investment Method [Table Text Block]	March 31, 201 7 December 31, 201 6 Number of individual life insurance policies held 4 4 Aggregate face/maturity value of all policies $ 1,800 $ 1,800 Cash surrender value of all policies $ 18 $ 18

Note 7 - Intangible Assets (Tab

Note 7 - Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Intangible Assets and Goodwill [Table Text Block]	March 31, 201 7 December 31, 201 6 Goodwill $ 54 $ 54 Patent portfolio 33,791 34,030 Covenant not to compete 1,332 1,332 Total goodwill and other intangible assets 35,177 35,416 Accumulated amortization patent portfolio (20,356 ) (19,096 ) Accumulated amortization covenant not to compete (1,076 ) (1,011 ) Total goodwill and other intangible assets, net $ 13,745 $ 15,309
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	Year Ended December 31, 2017 3,903 2018 5,003 2019 3,767 2020 588 202 1 430 Thereafter — Total $ 13,691

Note 9 - Accrued Expenses (Tabl

Note 9 - Accrued Expenses (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Accrued Liabilities [Table Text Block]	March 31, 2017 December 31, 2016 Accrued lease obligations (See Note 12) $ — $ 34 Incentive compensation accrual 1,572 912 Payroll accrual 991 562 Total accrued expenses $ 2,563 $ 1,508

Note 10 - Notes Payable (Tables

Note 10 - Notes Payable (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Long-term Debt Instruments [Table Text Block]	March 31, 201 7 December 31, 201 6 Notes payable, assumed debt $ 3,062 $ 3,062 Notes payable, net due to financing company 201 108 Add accreted interest 224 128 Fair Value $ 3,487 $ 3,298 March 31, 201 7 December 31, 201 6 Notes payable $ 250 $ 250 Add accreted interest 65 2 Fair Value $ 315 $ 252
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	Derivative Liabilities Balance Sheet Location March 31, 201 7 December 31 , 201 6 Derivative liability Derivative liability 464 405 Fair Value $ 464 $ 405

Note 11 - Net Loss Per Share (T

Note 11 - Net Loss Per Share (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three months ended March 31, (In thousands, except per share amounts) 201 7 201 6 Numerator for basic and diluted net loss per share: Net loss available to common stockholders $ (1,068 ) $ (3,462 ) Denominator for net loss per share: Basic and diluted —weighted average shares of common stock outstanding 10,074 10,074 Net loss per share: Basic and diluted $ (0.11 ) $ (0.34 )

Note 1 - Business of Prism Te28

Note 1 - Business of Prism Technologies Group, Inc. (Details Textual)	3 Months Ended
	Mar. 31, 2017
Number of Operating Subsidiaries	2
Patents [Member] | Prism Technologies [Member]
Issued Patents	50

Note 2 - Basis of Presentatio29

Note 2 - Basis of Presentation and Liquidity (Details Textual) - USD ($)	Dec. 29, 2016	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016	Dec. 31, 2015
Cash and Cash Equivalents, at Carrying Value		$ 655,000	$ 2,456,000	$ 589,000	$ 1,756,000
Long-term Debt, Maturities, Repayments of Principal, Remainder of Fiscal Year		$ 3,300,000
Proceeds from Issuance of Debt	$ 750,000
Acquired Finite-lived Intangible Assets, Estimates Used to Determine Useful Lives, Percentage of Cash Flows on a Discounted Basis		100.00%
Asset Impairment Charges		$ 239,000
Deferred Tax Assets, Gross		68,700,000
Deferred Tax Assets, Gross, Amount before New Accounting Pronouncement Adjustment		64,700,000
Accounting Standards Update 2016-09 [Member]
Deferred Tax Assets, Gross		4,000,000
Deferred Tax Assets, Valuation Allowance		4,000,000
Prism Acquisition [Member]
Asset Impairment Charges		$ 200,000
Minimum [Member] | Prism Acquisition [Member]
Finite-Lived Intangible Asset, Useful Life		3 years
Maximum [Member] | Prism Acquisition [Member]
Finite-Lived Intangible Asset, Useful Life		6 years 182 days
Patents [Member] | Minimum [Member]
Finite-Lived Intangible Asset, Useful Life		1 year 182 days
Patents [Member] | Maximum [Member]
Finite-Lived Intangible Asset, Useful Life		6 years 182 days
Patents [Member] | Weighted Average [Member]
Finite-Lived Intangible Asset, Useful Life		4 years 292 days
Noncompete Agreements [Member] | Weighted Average [Member]
Finite-Lived Intangible Asset, Useful Life		3 years
Notes Payable, Other Payables [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities		$ 4,300,000

Note 3 - Acquisition and Purc30

Note 3 - Acquisition and Purchase Accounting (Details Textual) - Prism Acquisition [Member] - USD ($) shares in Millions, $ in Millions	Mar. 26, 2015	Apr. 30, 2015
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	$ 58.3
Business Combination, Maximum Purchase Price	75.4
Business Combination Cash Agreed to Pay	16.5
Payments to Acquire Businesses, Gross	1.3	$ 15.2
Business Acquisition, Equity Interest Issued or Issuable, Value Assigned	$ 9.4
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares	3.5
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High	$ 49.5
Percentage of Litigation and Settlement Proceeds for Prism Security Holders	70.00%
Business Combination, Contingent Consideration, Earn-out Calculation, Quarterly Retention Percentage	20.00%

Note 4 - Fair Value Measureme31

Note 4 - Fair Value Measurements (Details Textual)	Dec. 21, 2016USD ($)
Non-Recourse Note Payable [Member]
Proceeds from Notes Payable	$ 500,000

Note 4 - Fair Value Measureme32

Note 4 - Fair Value Measurements - Assets and Liabilities at Fair Value (Details) - USD ($)	Mar. 31, 2017	Mar. 15, 2017	Dec. 31, 2016
Assets:
Restricted cash equivalents	$ 0	$ 400,000	$ 400,000
Fair Value, Measurements, Recurring [Member]
Assets:
Cash and cash equivalents	655,000		589,000
Restricted cash equivalents			400,000
Total assets at fair value	655,000		989,000
Liabilities:
Contingent consideration	9,304,000		11,539,000
Derivative liability	464,000		405,000
Total liabilities at fair value	9,768,000		11,944,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Assets:
Cash and cash equivalents	655,000		589,000
Restricted cash equivalents			400,000
Total assets at fair value	655,000		989,000
Liabilities:
Contingent consideration
Derivative liability
Total liabilities at fair value
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Assets:
Cash and cash equivalents
Restricted cash equivalents
Total assets at fair value
Liabilities:
Contingent consideration
Derivative liability
Total liabilities at fair value
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Assets:
Cash and cash equivalents
Restricted cash equivalents
Total assets at fair value
Liabilities:
Contingent consideration	9,304,000		11,539,000
Derivative liability	464,000		405,000
Total liabilities at fair value	$ 9,768,000		$ 11,944,000

Note 5 - Restricted Cash Equi33

Note 5 - Restricted Cash Equivalents (Details Textual) - USD ($)	Mar. 31, 2017	Mar. 15, 2017	Dec. 31, 2016
Restricted Cash and Investments, Current	$ 0	$ 400,000	$ 400,000

Note 6 - Other Assets (Details

Note 6 - Other Assets (Details Textual)	3 Months Ended	12 Months Ended
	Mar. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Payment to Acquire Life Insurance Policy, Investing Activities		$ 40,000
Life Insurance Policies, Future Anticipated Payment Amount per Year	$ 38,000
Anticipated Period to Keep Life Settlement Contracts	5 years
Number of Life Insurance Policies Sold		2
Proceeds from Sale of Life Insurance Policies		$ 37,000
Cash Surrender Value [Member]
Other Asset Impairment Charges	$ 0

Note 6 - Other Assets - Life Se

Note 6 - Other Assets - Life Settlement Contracts (Details) $ in Thousands	Mar. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Number of individual life insurance policies held	4	4
Aggregate face/maturity value of all policies	$ 1,800	$ 1,800
Cash surrender value of all policies	$ 18	$ 18

Note 7 - Intangible Assets (Det

Note 7 - Intangible Assets (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016	Mar. 26, 2015	Mar. 25, 2015
Goodwill	$ 54	$ 54		$ 0
Finite-Lived Intangible Assets, Amortization Expense, Remainder of Fiscal Year	$ 3,903
Prism Acquisition [Member]
Goodwill			$ 100
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	2 years 138 days
Prism Acquisition [Member] | Minimum [Member]
Finite-Lived Intangible Asset, Useful Life	3 years
Prism Acquisition [Member] | Maximum [Member]
Finite-Lived Intangible Asset, Useful Life	6 years 182 days

Note 7 - Intangible Assets - In

Note 7 - Intangible Assets - Intangible Assets, Net (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 25, 2015
Goodwill	$ 54	$ 54	$ 0
Total goodwill and other intangible assets	35,177	35,416
Total goodwill and other intangible assets, net	13,745	15,309
Patents [Member]
Intangible assets, gross, excluding goodwill	33,791	34,030
Accumulated amortization	(20,356)	(19,096)
Noncompete Agreements [Member]
Intangible assets, gross, excluding goodwill	1,332	1,332
Accumulated amortization	$ (1,076)	$ (1,011)

Note 7 - Intangible Assets - Fu

Note 7 - Intangible Assets - Future Amortization Expense (Details) $ in Thousands	Mar. 31, 2017USD ($)
2,017	$ 3,903
2,018	5,003
2,019	3,767
2,020	588
2,021	430
Thereafter
Total	$ 13,691

Note 8 - Impairment of Long-l39

Note 8 - Impairment of Long-lived Assets (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Asset Impairment Charges	$ 239,000
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	(2,309,000)
Prism Acquisition [Member]
Asset Impairment Charges	200,000
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	2,300,000
Prism Acquisition [Member] | Patents [Member]
Impairment of Intangible Assets, Finite-lived	$ 200,000

Note 9 - Accrued Expenses - Acc

Note 9 - Accrued Expenses - Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Accrued lease obligations (See Note 12)		$ 34
Incentive compensation accrual	1,572	912
Payroll accrual	991	562
Total accrued expenses	$ 2,563	$ 1,508

Note 10 - Notes Payable (Detail

Note 10 - Notes Payable (Details Textual)	Dec. 29, 2016USD ($)	Dec. 21, 2016USD ($)	Mar. 26, 2015USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Chief Executive Officer [Member] | Issuance of Debt Due to Related Party [Member]
Proceeds from Related Party Debt	$ 250,000
Due to Officers or Stockholders	625,000
Related Party Transaction, Payments to Officers, Threshold Cumulative Net Cash Flows	$ 7,500,000
Notes Payable, Other Payables [Member]
Long-term Debt, Fair Value				$ 3,487,000	$ 3,298,000
Non-Recourse Note Payable [Member]
Long-term Debt, Fair Value				$ 315,000	$ 252,000
Proceeds from Notes Payable		$ 500,000
Debt Covenant, Repayment Multiple for Full Repayment in Under 18 Months or Less		2.5
Debt Instrument, Amount to Be Paid if Repayment is Made in Under 18 Months or Less		$ 1,250,000
Debt Covenant, Number of Months Used to Determine Repayment Multiple		1 year 180 days
Debt Covenant, Repayment Multiple for Full Repayment in Over 18 Months		3
Debt Instrument, Amount to Be Paid if Repayment is Made in over 18 Months		$ 1,500,000
Debt Instrument, Financing Costs to Be Reimbursed		$ 59,000
Prism Acquisition [Member] | Notes Payable, Other Payables [Member]
Long-term Debt, Fair Value			$ 3,600,000
Debt Instrument, Number of Installments			4
Debt Instrument, Periodic Payment			$ 1,000,000
Debt Instrument, Interest Rate, Imputed Percentage			12.00%

Note 10 - Notes Payable - Balan

Note 10 - Notes Payable - Balances of the Notes Payable (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Notes Payable, Other Payables [Member]
Notes payable	$ 3,062	$ 3,062
Add accreted interest	224	128
Fair Value	3,487	3,298
Notes Payable, Other Payables [Member] | Net Due to Financing Company [Member]
Notes payable	201	108
Non-Recourse Note Payable [Member]
Notes payable	250	250
Add accreted interest	65	2
Fair Value	$ 315	$ 252

Note 10 - Notes Payable - Fair

Note 10 - Notes Payable - Fair Value of Derivative Instruments (Details) - Embedded Derivative Financial Instruments [Member] - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Fair Value	$ 464	$ 405
Derivative Liability [Member]
Derivative liability	$ 464	$ 405

Note 11 - Net Loss Per Share (D

Note 11 - Net Loss Per Share (Details Textual) - shares	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0

Note 11 - Net Loss Per Share -

Note 11 - Net Loss Per Share - Calculation of Basic and Diluted Net Loss Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Net loss	$ (1,068)	$ (3,462)
Basic and diluted (in shares)	10,074	10,074
Basic and diluted (in dollars per share)	$ (0.11)	$ (0.34)

Note 12 - Commitments and Con46

Note 12 - Commitments and Contingencies (Details Textual)	3 Months Ended
	Mar. 31, 2017ft²
Folsom, California Corporate Headquarters [Member]
Lease Term	2 years
Area of Real Estate Property	650
Office Space in Omaha, Nebraska [Member] | Prism Technologies [Member]
Lease Term	5 years
Area of Real Estate Property	2,200
Rancho Cordova C A [Member]
Lease Term	5 years
Area of Real Estate Property	16,000

Note 13 - Legal Proceedings (De

Note 13 - Legal Proceedings (Details Textual) $ in Thousands	Jun. 23, 2015USD ($)	Mar. 31, 2015	Mar. 31, 2017USD ($)
Sprint Spectrum LP Vs. Prism [Member]
Litigation Settlement, Amount Awarded from Other Party	$ 30,000
Proceeds from Legal Settlements			$ 0
Lawsuits Filed by Secure Axcess Alleging Patent Infringement [Member]
Loss Contingency, Number of Defendants		6

Note 14 - Equity and Stock Op48

Note 14 - Equity and Stock Options (Details Textual) - USD ($)	Jul. 01, 2016	Jun. 11, 2015	Mar. 26, 2015	Mar. 31, 2017	Mar. 31, 2016
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options				$ 78,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares		70,000
Allocated Share-based Compensation Expense				$ 19,000	$ 19,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period				0	0
Service-based Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross		72,500
Service-based Options [Member] | Share-based Compensation Award, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		33.00%
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period		1 year
Service-based Options [Member] | Share-based Compensation Award, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period		2 years
Performance-based Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross		72,500
Performance-based Options [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage				0.00%
Performance-based Options [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage				100.00%
Performance-based Options [Member] | Share-based Compensation Award, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage				50.00%
Performance-based Options [Member] | Share-based Compensation Award, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage				0.00%
Five Prism Executive Officers [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross			500,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price			$ 2.68
Five Prism Executive Officers [Member] | Service-based Options [Member] | Vesting on the First Employment Anniversary Date [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage			33.33%
Five Prism Executive Officers [Member] | Service-based Options [Member] | Vesting at the End of Each of the 24 Months Following the First Employment Anniversary [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage			66.67%
Five Prism Executive Officers [Member] | Performance-based Options [Member] | Vesting at the End of Each of the 24 Months Following the First Employment Anniversary [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage			33.33%
Five Prism Executive Officers [Member] | Performance-based Options [Member] | Vesting on the Second Employment Anniversary Date [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage			33.33%
Five Prism Executive Officers [Member] | Performance-based Options [Member] | Vesting on the Third Employment Anniversary Date [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage			33.34%
Each Non-employee Directors [Member] | The 2008 Stock Option Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	5,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	$ 0.27
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized				5,000