Onvia (ONVI) 10-Q 8 Nov 16 2016 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Oct. 31, 2016
Document Information [Line Items]
Entity Registrant Name	ONVIA INC
Entity Central Index Key	1,100,917
Trading Symbol	onvi
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)		7,131,956
Document Type	10-Q
Document Period End Date	Sep. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
CURRENT ASSETS:
Cash and cash equivalents	$ 2,082,000	$ 1,483,000
Short-term investments, available-for-sale	5,564,000	5,275,000
Accounts receivable, net of allowance for doubtful accounts of $36 and $32	1,293,000	1,298,000
Prepaid expenses and other current assets	682,000	1,075,000
Total current assets	9,621,000	9,131,000
LONG TERM ASSETS:
Property and equipment, net of accumulated depreciation	871,000	1,036,000
Internal use software, net of accumulated amortization	5,438,000	5,091,000
Other long-term assets	233,000	260,000
Total long term assets	6,542,000	6,387,000
TOTAL ASSETS	16,163,000	15,518,000
CURRENT LIABILITIES:
Accounts payable	933,000	499,000
Accrued expenses	1,206,000	937,000
Unearned revenue, current portion	9,432,000	9,040,000
Other current liabilities	128,000	103,000
Total current liabilities	11,699,000	10,579,000
LONG TERM LIABILITIES:
Unearned revenue, net of current portion	48,000	64,000
Deferred rent, net of current portion	556,000	575,000
Other long-term liabilities	23,000	43,000
Total long term liabilities	627,000	682,000
TOTAL LIABILITIES	12,326,000	11,261,000
STOCKHOLDERS’ EQUITY:
Preferred stock; $.0001 par value: 2,000,000 shares authorized; no shares issued or outstanding	0	0
Common stock; $.0001 par value: 11,000,000 shares authorized; 8,724,260 and 8,717,788 shares issued; and 7,131,956 and 7,125,484 shares outstanding	1,000	1,000
Treasury stock, at cost: 1,592,304 and 1,592,304 shares	(5,446,000)	(5,446,000)
Additional paid in capital	354,386,000	354,212,000
Accumulated other comprehensive gain/(loss)	1,000	(3,000)
Accumulated deficit	(345,105,000)	(344,507,000)
Total stockholders’ equity	3,837,000	4,257,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 16,163,000	$ 15,518,000

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Allowance for doubtful accounts	$ 36	$ 32
Preferred stock par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, shares authorized (in shares)	2,000,000	2,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	11,000,000	11,000,000
Common stock, shares issued (in shares)	8,724,260	8,717,788
Common stock, shares outstanding (in shares)	7,131,956	7,125,484
Treasury stock, shares (in shares)	1,592,304	1,592,304

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Income/(Loss) (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Subscription	$ 5,762	$ 5,417	$ 16,977	$ 16,048
Content license	328	403	1,050	1,295
Management information reports	43	20	96	109
Other	40	47	132	174
Total revenue	6,173	5,887	18,255	17,626
Cost of revenue (exclusive of depreciation and amortization included below)	689	783	2,195	2,414
Gross margin	5,484	5,104	16,060	15,212
Operating expenses:
Sales and marketing	3,207	2,735	9,058	8,252
Technology and development	1,732	1,578	4,636	4,363
General and administrative	1,050	788	2,992	3,015
Total operating expenses	5,989	5,101	16,686	15,630
Income/(loss) from operations	(505)	3	(626)	(418)
Interest and other income, net	13	6	28	30
Net income/( loss)	(492)	9	(598)	(388)
Unrealized gain/( loss) on available-for-sale securities	(1)	(1)	(4)	(1)
Comprehensive income/(loss)	$ (491)	$ 10	$ (594)	$ (387)
Basic net income/(loss) per share (in dollars per share)	$ (0.07)	$ 0	$ (0.08)	$ (0.05)
Diluted net income/(loss) per share (in dollars per share)	$ (0.07)	$ 0	$ (0.08)	$ (0.05)
Shares used to compute basic net income/(loss) per share (in shares)	7,131	7,449	7,129	7,421
Diluted weighted average shares outstanding (in shares)	7,131	7,561	7,129	7,421

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (598,000)	$ (388,000)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	1,754,000	1,766,000
Stock-based compensation	153,000	78,000
Gain/Loss on sale of property and equipment	(4,000)	2,000
Change in operating assets and liabilities:
Accounts receivable	5,000	435,000
Prepaid expenses and other assets	420,000	(84,000)
Accounts payable	128,000	(124,000)
Accrued expenses	269,000	(244,000)
Unearned revenue	377,000	176,000
Deferred rent	6,000	20,000
Net cash provided by operating activities	2,510,000	1,637,000
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to property and equipment	(138,000)	(296,000)
Additions to internal use software	(1,510,000)	(1,403,000)
Purchases of investments	(5,756,000)	(6,803,000)
Sales of investments	252,000	340,000
Maturities of investments	5,217,000	6,511,000
Proceeds from sale of equipment	4,000	8,000
Net cash used in investing activities	(1,931,000)	(1,643,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from exercise of stock options	20,000	223,000
Net cash provided by financing activities	20,000	223,000
Net increase in cash and cash equivalents	599,000	217,000
Cash and cash equivalents, beginning of period	1,483,000	1,577,000
Cash and cash equivalents, end of period	2,082,000	1,794,000
SUPPLEMENTAL SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Property and equipment additions in accounts payable	(114,000)	(38,000)
Internal use software additions in accounts payable	$ (251,000)	$ (122,000)

Note 1 - Accounting Policies

Note 1 - Accounting Policies	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Basis of Presentation and Significant Accounting Policies [Text Block]	1. Accounting Policies Basis of Presentation The unaudited interim Condensed Consolidated Financial Statements and related notes thereto have been prepared pursuant to generally accepted accounting principles in the United States of America, (“GAAP”), and the rules and regulations of the Securities and Exchange Commission. Accordingly, certain information and note disclosures normally included in annual financial statements prepared in accordance with GAAP have been omitted pursuant to such rules and regulations. The accompanying unaudited interim Condensed Consolidated Financial Statements and related notes thereto should be read in conjunction with the audited Consolidated Financial Statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2015 (“2015 Annual Report”). The information furnished is unaudited, but reflects, in the opinion of management, all adjustments, consisting of only normal recurring items, necessary for a fair presentation of the results for the interim periods presented. Interim results are not necessarily indicative of results for a full year. Reclassifications Certain prior year amounts have been reclassified for consistency with the current period presentation. These reclassifications had no effect on the reported results of operations. Sales and marketing operating expenses of $511,000 and $1.2 million for the three and nine month periods ended September 30, 2015, respectively, have been reclassified as technology and development operating expenses to conform to current period presentation. The reclassification has no impact on net income/(loss) as presented on the unaudited Condensed Consolidated Statements of Operations. Use of Estimates The preparation of financial statements in conformity with GAAP requires the Company’s management to make estimates and judgments that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Significant estimates include the fair value of stock-based compensation, allowance for doubtful accounts, capitalization of costs for internally developed software, recoverability of long-lived assets, including internally developed software, and the valuation allowance for Onvia’s net deferred tax assets. The Company bases its estimates on historical experience and on various other assumptions that it believes to be reasonable under the circumstances. Actual results may differ significantly from the Company’s estimates. In addition, any significant unanticipated changes in any of the Company’s assumptions could have a material adverse effect on its business, financial condition, and results of operations. During the third quarter of 2016, the Company determined it was appropriate to reduce the remaining estimated useful lives of certain internally developed software costs. See Note 7 below for further discussion of this reduction in remaining estimated useful lives and the corresponding impact to the results of operations. Recently Issued Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued authoritative guidance for revenue from contracts with customers, which provides a single comprehensive revenue recognition model to apply in determining how and when to recognize revenue. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. When applying the new revenue model to contracts with customers the guidance requires five steps to be applied, which include: 1) identify the contract(s) with a customer, 2) identify the performance obligations in the contract, 3) determine the transaction price, 4) allocate the transaction price to the performance obligations in the contract and 5) recognize revenue when (or as) the entity satisfies a performance obligation. The guidance also requires both quantitative and qualitative disclosures, which are more comprehensive than existing revenue standards. The disclosures are intended to enable financial statement users to understand the nature, timing and uncertainty of revenue and the related cash flow. This guidance will be effective for Onvia in the first quarter of 2018 and early adoption is permitted beginning in the first quarter of 2017. The Company is currently assessing the impact the guidance will have upon adoption. In November 2015, the FASB issued authoritative guidance amending the accounting for income taxes and requiring all deferred tax assets and liabilities to be classified as non-current on the balance sheet. The objective of the guidance is to simplify the presentation as current GAAP requires the Company to separate the deferred tax assets into current and noncurrent amounts. The FASB concluded that the current presentation does not benefit financial statement users because the classification does not align with the time period in which the deferred tax amounts are expected to be recovered. The guidance will be effective for reporting periods beginning after December 15, 2016, with early adoption permitted. The guidance may be adopted either prospectively or retrospectively. The Company does not expect it to have a material impact on its consolidated financial statements upon adoption. In February 2016, the FASB issued authoritative guidance which requires lessees to recognize on the balance sheet assets and liabilities for leases with lease terms of more than 12 months. Consistent with current GAAP, the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee primarily will depend on its classification as a finance or operating lease. However, unlike current GAAP—which requires only capital leases to be recognized on the balance sheet—the new guidance will require both types of leases to be recognized on the balance sheet. The guidance will take effect for public companies for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. This guidance shall be applied at the beginning of the earliest period presented using the modified retrospective approach, which includes a number of practical expedients that an entity may elect to apply. Early application of the guidance is permitted. The Company is evaluating the adoption of this guidance and the potential effects on its consolidated financial statements. In March 2016, the FASB issued authoritative guidance on accounting for share-based payment transactions. The guidance makes several modifications related to the accounting for forfeitures, employer tax withholding on share-based compensation and the financial statement presentation of excess tax benefits or deficiencies and clarifies the statement of cash flows presentation for certain components of share-based awards. The standard is effective for interim and annual reporting periods beginning after December 15, 2016, although early adoption is permitted. The Company is currently assessing how the adoption of this standard may impact its consolidated financial statements.

Note 2 - Stock-based Compensati

Note 2 - Stock-based Compensation	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	2. Stock-Based Compensation The impact to Onvia’s interim unaudited Condensed Consolidated Statements of Operations for recording stock-based compensation was as follows for the periods presented (in thousands): Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Sales and marketing $ 20 $ (5 ) $ 52 $ 1 Technology and development 9 14 35 13 General and administrative 21 25 66 64 Total stock-based compensation $ 50 $ 34 $ 153 $ 78

Note 3 - Earnings Per Share

Note 3 - Earnings Per Share	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Earnings Per Share [Text Block]	3. Earnings per Share Basic net income/(loss) per share is calculated by dividing the net income/(loss) for the period by the weighted average shares of common stock outstanding for the period. Diluted net income/(loss) per share is calculated by dividing the net income/(loss) per share by the weighted average common stock outstanding for the period, plus dilutive potential common shares using the treasury stock method. In periods with a net loss, basic and diluted net loss per share are identical because inclusion of potentially dilutive common shares would be anti-dilutive. The following table sets forth the computation of basic and diluted net income/(loss) per share for the three and nine months ended September 30, 2016 and 2015 (in thousands, except per share data): Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Net income/(loss) $ (492 ) $ 9 $ (598 ) $ (388 ) Shares used to compute basic net income/(loss) per share 7,131 7,449 7,129 7,421 Dilutive potential common shares: Stock options 112 Shares used to compute diluted net income/(loss) per share 7,131 7,561 7,129 7,421 Basic net income/(loss) per share $ (0.07 ) $ 0.00 $ (0.08 ) $ (0.05 ) Diluted net income/(loss) per share $ (0.07 ) $ 0.00 $ (0.08 ) $ (0.05 ) For the three and nine months ended September 30, 2016, the weighted average effect of stock options to purchase approximately 885,000 and 864,000 shares of common stock, respectively, were excluded from the computation of diluted net loss per share because the exercise price is greater than the average market price of common stock for the respective period. For the three and nine months ended September 30, 2015, the weighted average effect of stock options to purchase approximately 314,000 and 853,000 shares of common stock, respectively, were excluded from the computation of diluted net loss per share because the exercise price is greater than the average market price of common stock for the respective period.

Note 4 - Investments

Note 4 - Investments	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	4. Investments Onvia classifies investments in debt securities as available-for-sale, stated at fair value as summarized in the following table (in thousands): September 30, 2016 Amortized Gross Gross Fair Value U.S. Government backed securities $ 110 $ - $ - $ 110 Certificates of Deposit (1) 5,453 1 - 5,454 Total Investments $ 5,563 $ 1 $ - $ 5,564 December 31, 2015 Amortized Gross Gross Fair Value U.S. Government backed securities $ 902 $ - $ - $ 902 Certificates of Deposit (1) 4,375 - (2 ) 4,373 Total Investments $ 5,277 $ - $ (2 ) $ 5,275 (1) . Onvia accounts for investments held as available for sale according to their fair values, which is defined as the exchange price that would be received for an asset, or paid to transfer a liability (an exit price), in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The Company utilizes 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 following are the three levels of inputs that may be used to measure fair value: Level 1 — Quoted prices in active markets for identical assets or liabilities. Level 2 — Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 — Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Onvia uses the market approach to measure fair value for its financial assets and liabilities. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. The following table summarizes, by major security type, investments classified as available-for-sale at September 30, 2016 and at December 31, 2015, stated at fair value (in thousands): Fair Value Measurements as of September 30, 2016 Level 1 Level 2 Level 3 Total U.S. Government backed securities $ - $ 110 $ - $ 110 Certificates of Deposit - 5,454 - 5,454 Total Investments $ - $ 5,564 $ - $ 5,564 Fair Value Measurements as of December 31, 2015 Level 1 Level 2 Level 3 Total U.S. Government backed securities $ - $ 902 $ - $ 902 Certificates of Deposit - 4,373 - 4,373 Total Investments $ - $ 5,275 $ - $ 5,275 There were no transfers in or out of Level 2 investments during the first nine months of 2016 and fourth quarter of 2015, and there was no activity in Level 1 or Level 3 fair value measurements during those periods.

Note 5 - Prepaid Expenses and O

Note 5 - Prepaid Expenses and Other Current Assets	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Other Current Assets [Text Block]	5. Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets consist of the following (in thousands): September 30, December 31, 2016 2015 Prepaid software licenses and maintenance $ 241 $ 690 Prepaid insurance 168 108 Other prepaid expenses 99 175 Other receivables 88 94 Prepaid rent 73 - Interest receivable 13 8 Total prepaid expenses and other current assets $ 682 $ 1,075

Note 6 - Property and Equipment

Note 6 - Property and Equipment	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	6. Property and Equipment Property and equipment, net of accumulated depreciation, consist of the following (in thousands): September 30, December 31, 2016 2015 Computer equipment $ 3,722 $ 3,932 Software 1,805 1,856 Furniture and fixtures 120 117 Leasehold improvements 815 815 Total cost basis 6,462 6,720 Less accumulated depreciation (5,591 ) (5,684 ) Net book value $ 871 $ 1,036 Depreciation expense was $122,000 and $398,000 for the three and nine months ended September 30, 2016, respectively, compared to $156,000 and $473,000, respectively, for the same periods in 2015.

Note 7 - Internal Use Software

Note 7 - Internal Use Software	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Internal Use Software Disclosure [Text Block]	7. Internal Use Software Onvia capitalizes qualifying computer software costs incurred during the “application development stage” and other costs. Amortization of these costs begins once the product is ready for its intended use. These costs are amortized on a straight-line basis over the estimated useful life of the product, typically 3 to 5 years. The amount of costs capitalized within any period is dependent on the nature of software development activities and projects in each period. Onvia periodically evaluates the remaining useful lives and carrying values of internal use software. If management determines that all or a portion of the asset will no longer be used, or the estimated remaining useful life differs from existing estimates, an abandonment will be recorded to reduce the carrying value or adjust the remaining useful life to reflect revised estimates. In addition, if the carrying value of the software exceeds the estimated future cash flows, an impairment will be recorded to reduce the carrying value to the expected realizable value. No impairment has been recorded for the nine months ended September 30, 2016 and 2015. During the third quarter of 2016 the Company determined that ongoing product development would replace the functionality of certain internal use software costs and evaluated the then current estimates of remaining useful lives of the affected internal use software. The Company determined that unamortized internal software costs of approximately $892,000 are subject to a reduced estimated remaining useful life. The Company will recognize expense related to the reduced estimated useful lives of these assets over the next year. The expense related to the reduced estimated useful lives of these assets was $205,000 in the third quarter of 2016 and is reflected in operating expenses in the interim unaudited Condensed Consolidated Statements of Operations as additional amortization expense. The following table presents a roll-forward of capitalized internal use software for the nine months ended September 30, 2016 (in thousands): Balance at Additions Balance at Capitalized internal use software $ 18,812 $ 1,703 $ 20,515 Accumulated amortization (13,721 ) (1,356 ) (15,077 ) Internal use software, net $ 5,091 $ 347 $ 5,438 Amortization expense was $616,000 and $1.4 million for the three and nine months ended September 30, 2016, respectively, compared to $388,000 and $1.3 million, respectively, for the same periods of 2015. Amortization expense is included in operating expenses in the interim unaudited Condensed Consolidated Statements of Operations.

Note 8 - Accrued Expenses and O

Note 8 - Accrued Expenses and Other Current Liabilities	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	8. Accrued Expenses and Other Current Liabilities Accrued expenses consist of the following (in thousands): September 30, December 31, 2016 2015 Payroll and related liabilities $ 1,134 $ 855 Taxes payable and other 72 82 Total accrued expenses $ 1,206 $ 937 Other current liabilities consist of the following (in thousands): September 30, December 31, 2016 2015 Deferred rent, current portion $ 102 $ 78 Obligations under capital leases, current portion 26 25 Total other current liabilities $ 128 $ 103

Note 9 - Commitments and Contin

Note 9 - Commitments and Contingencies	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	9. Commitments and Contingencies Operating Leases Onvia has a lease agreement for its corporate offices located in Seattle, Washington that expires in April 2021. Onvia also has a non-cancellable operating lease for office equipment, which expires in June 2019. The office lease contains rent escalation clauses and rent holidays. Rent expense is recorded on a straight-line basis over the lease term with the difference between the rent paid and the straight-line rent expense recorded as a deferred rent liability. Total rent expense associated with real estate operating leases was $193,000 and $578,000 for the three and nine months ended September 30, 2016, respectively, compared to $192,000 and $576,000 for the same periods in 2015. Rent expense is included in operating expenses in the interim unaudited Condensed Consolidated Statements of Operations. As of September 30, 2016, remaining future minimum lease payments required on non-cancellable operating leases are as follows for the years ending December 31 (in thousands): Real Estate Office Equipment Total Operating Leases Operating Lease Operating Leases 2016 213 4 217 2017 873 20 893 2018 896 20 916 2019 918 10 928 2020 940 - 940 2021 and thereafter 320 - 320 Total $ 4,160 $ 54 $ 4,214 Purchase Obligations Onvia has non-cancellable purchase obligations for software development and license agreements, co-location hosting arrangements, telecom agreements, marketing agreements and third-party content agreements. The agreements expire in dates ranging from April 2017 to October 2019. Future required payments under these non-cancellable agreements are as follows for the years ending December 31 (in thousands): Purchase Obligations 2016 $ 490 2017 417 2018 337 Total $ 1,244 CEO Transition Agreement On March 28, 2016, the Company and its current President and Chief Executive Officer (“Riner”) entered into a Transition and Release Agreement (the “Transition Agreement”). Under the terms of the Transition Agreement, Riner will transition into planned retirement and a 12-month consulting relationship with the Company effective no later than June 30, 2017, or such earlier date that Onvia selects and announces a new Chief Executive Officer (“CEO”) (the “Transition Date”). Riner will continue to serve as the Company’s President and CEO on a full-time basis through the Transition Date. In exchange for Riner’s entry into the Transition Agreement, his covenants and promises described therein, and his entry into an additional Release of Claims Agreement on his last of date of employment with the Company, the Company has agreed to pay Riner a lump sum cash payment of $362,000 on July 8, 2017. Costs related to the Transition Agreement are being accrued over the requisite service period and the expense is included in operating expenses in the interim unaudited Condensed Consolidated Statements of Operations. Legal Proceedings From time to time, legal proceedings may arise in the ordinary course of business. Although the outcomes of legal proceedings are inherently difficult to predict, the Company is not currently involved in any legal proceeding in which the outcome, in its judgment based on information currently available, is likely to have a material adverse effect on its business or financial position.

Note 10 - Income Taxes

Note 10 - Income Taxes	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Income Tax Disclosure [Text Block]	10. Income Taxes As of September 30, 2016 and December 31, 2015, Onvia has recorded a full valuation allowance against its net deferred tax assets because the Company has determined it is not more likely than not that the asset will be realized. Onvia will continue to evaluate the likelihood that these tax benefits may be realized, and may reverse all or a portion of its valuation allowance in the future if it is determined that realization of these benefits is more likely than not. Pursuant to Section 382 of the Internal Revenue Code of 1986, as amended (the “Code”), utilization of net operating loss (NOL) carryforwards to offset future taxable income are subject to substantial annual limitations if we experience a cumulative change in ownership as defined by the Code. In general, an ownership change, as defined by the Code, results from transactions increasing the ownership of certain stockholders or public groups in the stock of a corporation by more than 50 percentage points over a three-year period. As of September 30, 2016 and December 31, 2015, Onvia’s Federal NOL carryforwards for income tax purposes were approximately $76.8 million. The Federal NOL carryforwards are subject to limitations under Section 382 of the Internal Revenue Code. If not utilized, the Federal NOL carryforwards will begin to expire in 2021. The latest date available for a portion of the Federal NOL carryforwards to be utilized to offset future income is 2033.

Note 11 - Security Deposits

Note 11 - Security Deposits	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Lease Security Deposit [Text Block]	11. Security Deposits Pursuant to Onvia’s lease for its current corporate office space, Onvia has established a stand by letter of credit as security to the lease in the amount of $150,000. The letter of credit will be returned at lease termination in April 2021, or earlier, subject to certain office lease conditions. As of September 30, 2016, the stand by letter of credit is secured by a security deposit of $150,000 and included within other long-term assets on the unaudited Condensed Consolidated Balance Sheets.

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2016
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The unaudited interim Condensed Consolidated Financial Statements and related notes thereto have been prepared pursuant to generally accepted accounting principles in the United States of America, (“GAAP”), and the rules and regulations of the Securities and Exchange Commission. Accordingly, certain information and note disclosures normally included in annual financial statements prepared in accordance with GAAP have been omitted pursuant to such rules and regulations. The accompanying unaudited interim Condensed Consolidated Financial Statements and related notes thereto should be read in conjunction with the audited Consolidated Financial Statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2015 (“2015 Annual Report”). The information furnished is unaudited, but reflects, in the opinion of management, all adjustments, consisting of only normal recurring items, necessary for a fair presentation of the results for the interim periods presented. Interim results are not necessarily indicative of results for a full year.
Reclassification, Policy [Policy Text Block]	Reclassifications Certain prior year amounts have been reclassified for consistency with the current period presentation. These reclassifications had no effect on the reported results of operations. Sales and marketing operating expenses of $511,000 and $1.2 million for the three and nine month periods ended September 30, 2015, respectively, have been reclassified as technology and development operating expenses to conform to current period presentation. The reclassification has no impact on net income/(loss) as presented on the unaudited Condensed Consolidated Statements of Operations.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements in conformity with GAAP requires the Company’s management to make estimates and judgments that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Significant estimates include the fair value of stock-based compensation, allowance for doubtful accounts, capitalization of costs for internally developed software, recoverability of long-lived assets, including internally developed software, and the valuation allowance for Onvia’s net deferred tax assets. The Company bases its estimates on historical experience and on various other assumptions that it believes to be reasonable under the circumstances. Actual results may differ significantly from the Company’s estimates. In addition, any significant unanticipated changes in any of the Company’s assumptions could have a material adverse effect on its business, financial condition, and results of operations. During the third quarter of 2016, the Company determined it was appropriate to reduce the remaining estimated useful lives of certain internally developed software costs. See Note 7 below for further discussion of this reduction in remaining estimated useful lives and the corresponding impact to the results of operations.
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued authoritative guidance for revenue from contracts with customers, which provides a single comprehensive revenue recognition model to apply in determining how and when to recognize revenue. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. When applying the new revenue model to contracts with customers the guidance requires five steps to be applied, which include: 1) identify the contract(s) with a customer, 2) identify the performance obligations in the contract, 3) determine the transaction price, 4) allocate the transaction price to the performance obligations in the contract and 5) recognize revenue when (or as) the entity satisfies a performance obligation. The guidance also requires both quantitative and qualitative disclosures, which are more comprehensive than existing revenue standards. The disclosures are intended to enable financial statement users to understand the nature, timing and uncertainty of revenue and the related cash flow. This guidance will be effective for Onvia in the first quarter of 2018 and early adoption is permitted beginning in the first quarter of 2017. The Company is currently assessing the impact the guidance will have upon adoption. In November 2015, the FASB issued authoritative guidance amending the accounting for income taxes and requiring all deferred tax assets and liabilities to be classified as non-current on the balance sheet. The objective of the guidance is to simplify the presentation as current GAAP requires the Company to separate the deferred tax assets into current and noncurrent amounts. The FASB concluded that the current presentation does not benefit financial statement users because the classification does not align with the time period in which the deferred tax amounts are expected to be recovered. The guidance will be effective for reporting periods beginning after December 15, 2016, with early adoption permitted. The guidance may be adopted either prospectively or retrospectively. The Company does not expect it to have a material impact on its consolidated financial statements upon adoption. In February 2016, the FASB issued authoritative guidance which requires lessees to recognize on the balance sheet assets and liabilities for leases with lease terms of more than 12 months. Consistent with current GAAP, the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee primarily will depend on its classification as a finance or operating lease. However, unlike current GAAP—which requires only capital leases to be recognized on the balance sheet—the new guidance will require both types of leases to be recognized on the balance sheet. The guidance will take effect for public companies for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. This guidance shall be applied at the beginning of the earliest period presented using the modified retrospective approach, which includes a number of practical expedients that an entity may elect to apply. Early application of the guidance is permitted. The Company is evaluating the adoption of this guidance and the potential effects on its consolidated financial statements. In March 2016, the FASB issued authoritative guidance on accounting for share-based payment transactions. The guidance makes several modifications related to the accounting for forfeitures, employer tax withholding on share-based compensation and the financial statement presentation of excess tax benefits or deficiencies and clarifies the statement of cash flows presentation for certain components of share-based awards. The standard is effective for interim and annual reporting periods beginning after December 15, 2016, although early adoption is permitted. The Company is currently assessing how the adoption of this standard may impact its consolidated financial statements.

Note 2 - Stock-based Compensa18

Note 2 - Stock-based Compensation (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]	Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Sales and marketing $ 20 $ (5 ) $ 52 $ 1 Technology and development 9 14 35 13 General and administrative 21 25 66 64 Total stock-based compensation $ 50 $ 34 $ 153 $ 78

Note 3 - Earnings Per Share (Ta

Note 3 - Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Schedule of Weighted Average Number of Shares [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Net income/(loss) $ (492 ) $ 9 $ (598 ) $ (388 ) Shares used to compute basic net income/(loss) per share 7,131 7,449 7,129 7,421 Dilutive potential common shares: Stock options 112 Shares used to compute diluted net income/(loss) per share 7,131 7,561 7,129 7,421 Basic net income/(loss) per share $ (0.07 ) $ 0.00 $ (0.08 ) $ (0.05 ) Diluted net income/(loss) per share $ (0.07 ) $ 0.00 $ (0.08 ) $ (0.05 )

Note 4 - Investments (Tables)

Note 4 - Investments (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	September 30, 2016 Amortized Gross Gross Fair Value U.S. Government backed securities $ 110 $ - $ - $ 110 Certificates of Deposit (1) 5,453 1 - 5,454 Total Investments $ 5,563 $ 1 $ - $ 5,564 December 31, 2015 Amortized Gross Gross Fair Value U.S. Government backed securities $ 902 $ - $ - $ 902 Certificates of Deposit (1) 4,375 - (2 ) 4,373 Total Investments $ 5,277 $ - $ (2 ) $ 5,275
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Fair Value Measurements as of September 30, 2016 Level 1 Level 2 Level 3 Total U.S. Government backed securities $ - $ 110 $ - $ 110 Certificates of Deposit - 5,454 - 5,454 Total Investments $ - $ 5,564 $ - $ 5,564 Fair Value Measurements as of December 31, 2015 Level 1 Level 2 Level 3 Total U.S. Government backed securities $ - $ 902 $ - $ 902 Certificates of Deposit - 4,373 - 4,373 Total Investments $ - $ 5,275 $ - $ 5,275

Note 5 - Prepaid Expenses and21

Note 5 - Prepaid Expenses and Other Current Assets (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]	September 30, December 31, 2016 2015 Prepaid software licenses and maintenance $ 241 $ 690 Prepaid insurance 168 108 Other prepaid expenses 99 175 Other receivables 88 94 Prepaid rent 73 - Interest receivable 13 8 Total prepaid expenses and other current assets $ 682 $ 1,075

Note 6 - Property and Equipme22

Note 6 - Property and Equipment (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Property, Plant and Equipment [Table Text Block]	September 30, December 31, 2016 2015 Computer equipment $ 3,722 $ 3,932 Software 1,805 1,856 Furniture and fixtures 120 117 Leasehold improvements 815 815 Total cost basis 6,462 6,720 Less accumulated depreciation (5,591 ) (5,684 ) Net book value $ 871 $ 1,036

Note 7 - Internal Use Software

Note 7 - Internal Use Software (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Capitalized Internal Use Software Roll Forward [Table Text Block]	Balance at Additions Balance at Capitalized internal use software $ 18,812 $ 1,703 $ 20,515 Accumulated amortization (13,721 ) (1,356 ) (15,077 ) Internal use software, net $ 5,091 $ 347 $ 5,438

Note 8 - Accrued Expenses and24

Note 8 - Accrued Expenses and Other Current Liabilities (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]	September 30, December 31, 2016 2015 Payroll and related liabilities $ 1,134 $ 855 Taxes payable and other 72 82 Total accrued expenses $ 1,206 $ 937
Schedule of Other Assets and Other Liabilities [Table Text Block]	September 30, December 31, 2016 2015 Deferred rent, current portion $ 102 $ 78 Obligations under capital leases, current portion 26 25 Total other current liabilities $ 128 $ 103

Note 9 - Commitments and Cont25

Note 9 - Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Real Estate Office Equipment Total Operating Leases Operating Lease Operating Leases 2016 213 4 217 2017 873 20 893 2018 896 20 916 2019 918 10 928 2020 940 - 940 2021 and thereafter 320 - 320 Total $ 4,160 $ 54 $ 4,214
Long-term Purchase Commitment [Table Text Block]	Purchase Obligations 2016 $ 490 2017 417 2018 337 Total $ 1,244

Note 1 - Accounting Policies (D

Note 1 - Accounting Policies (Details Textual) - Sales and Marketing Operating Expenses Reclassified as Technology and Development Operating Expenses [Member]	9 Months Ended
	Sep. 30, 2016USD ($)
Three Month Period Ended September 30, 2015 [Member]
Prior Period Reclassification Adjustment	$ 511,000
Nine Month Period Ended September 30, 2015 [Member]
Prior Period Reclassification Adjustment	$ 1,200,000

Note 2 - Stock-based Compensa27

Note 2 - Stock-based Compensation - Impact on Results of Operations for Recording Stock-based Compensation (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Selling and Marketing Expense [Member]
Stock-based compensation	$ 20	$ (5)	$ 52	$ 1
Technology and Development [Member]
Stock-based compensation	9	14	35	13
General and Administrative Expense [Member]
Stock-based compensation	21	25	66	64
Stock-based compensation	$ 50	$ 34	$ 153	$ 78

Note 3 - Earnings Per Share (De

Note 3 - Earnings Per Share (Details Textual) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	885,000	314,000	864,000	853,000

Note 3 - Earnings Per Share - B

Note 3 - Earnings Per Share - Basic and Diluted Net Income (Loss) Per Share Calculation (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Net income/(loss)	$ (492)	$ 9	$ (598)	$ (388)
Shares used to compute basic net income/(loss) per share (in shares)	7,131	7,449	7,129	7,421
Stock options (in shares)		112
Shares used to compute diluted net income/(loss) per share (in shares)	7,131	7,561	7,129	7,421
Basic net income/(loss) per share (in dollars per share)	$ (0.07)	$ 0	$ (0.08)	$ (0.05)
Diluted net income/(loss) per share (in dollars per share)	$ (0.07)	$ 0	$ (0.08)	$ (0.05)

Note 4 - Investments - Availabl

Note 4 - Investments - Available-for-sale Debt Securities at Fair Value (Details) - Short-term Investments [Member] - USD ($) $ in Thousands		9 Months Ended	12 Months Ended
		Sep. 30, 2016	Dec. 31, 2015
US Government Agencies Debt Securities [Member]
Amortized Cost		$ 110	$ 902
Gross Unrealized Gains
Gross Unrealized Losses
Fair Value		110	902
Certificate of Deposit [Member]
Amortized Cost	[1]	5,453	4,375
Gross Unrealized Gains	[1]	1
Gross Unrealized Losses	[1]		(2)
Fair Value	[1]	5,454	4,373
Amortized Cost		5,563	5,277
Gross Unrealized Gains		1
Gross Unrealized Losses			(2)
Fair Value		$ 5,564	$ 5,275
[1]	The Company evaluated certificates of deposits held as of September 30, 2016 and December 31, 2015 and concluded that they meet the definition of securities as available for sale.

Note 4 - Investments - Availa31

Note 4 - Investments - Available-for-sale Debt Securities, Fair Value Measurements (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities
US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities	110	902
US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities
US Government Agencies Debt Securities [Member]
Available-for-sale securities	110	902
Certificate of Deposit [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities
Certificate of Deposit [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities	5,454	4,373
Certificate of Deposit [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities
Certificate of Deposit [Member]
Available-for-sale securities	5,454	4,373
Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities
Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities	5,564	5,275
Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities
Available-for-sale securities	$ 5,564	$ 5,275

Note 5 - Prepaid Expenses and32

Note 5 - Prepaid Expenses and Other Current Assets - Summary of Prepaid Expenses and Other Current Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Prepaid software licenses and maintenance	$ 241	$ 690
Prepaid insurance	168	108
Other prepaid expenses	99	175
Other receivables	88	94
Prepaid rent	73
Interest receivable	13	8
Total prepaid expenses and other current assets	$ 682	$ 1,075

Note 6 - Property and Equipme33

Note 6 - Property and Equipment (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Depreciation	$ 122,000	$ 156,000	$ 398,000	$ 473,000

Note 6 - Property and Equipme34

Note 6 - Property and Equipment - Summary of Property and Equipment (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Computer equipment	$ 3,722	$ 3,932
Software	1,805	1,856
Furniture and fixtures	120	117
Leasehold improvements	815	815
Total cost basis	6,462	6,720
Less accumulated depreciation	(5,591)	(5,684)
Net book value	$ 871	$ 1,036

Note 7 - Internal Use Softwar35

Note 7 - Internal Use Software (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Computer Software, Intangible Asset [Member] | Operating Expense [Member]
Additional Amortization from Reduction in Estimated Remaining Useful Life	$ 205,000
Amortization of Intangible Assets	616,000	$ 388,000	$ 1,400,000	$ 1,300,000
Computer Software, Intangible Asset [Member]
Impairment of Intangible Assets, Finite-lived			$ 0	$ 0
Minimum [Member]
Capitalized Internal Use Software Usefu Life			3 years
Maximum [Member]
Capitalized Internal Use Software Usefu Life			5 years
Finite-lived Computer Software, Net, Subject to Reduced Estimated Remaining Useful Life	$ 892,000		$ 892,000

Note 7 - Internal Use Softwar36

Note 7 - Internal Use Software - Roll-forward of Capitalized Internal Use Software (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2016USD ($)
Beginning balance, Capitalized internal use software	$ 18,812
Additions, Capitalized internal use software	1,703
Ending balance, Capitalized internal use software	20,515
Beginning balance, Accumulated amortization	(13,721)
Additions, Accumulated amortization	(1,356)
Ending balance, Accumulated amortization	(15,077)
Beginning balance, Internal use software, net	5,091
Additions, Internal use software, net	347
Ending balance, Internal use software, net	$ 5,438

Note 8 - Accrued Expenses and37

Note 8 - Accrued Expenses and Other Current Liabilities - Summary of Accrued Expenses (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Payroll and related liabilities	$ 1,134	$ 855
Taxes payable and other	72	82
Total accrued expenses	$ 1,206	$ 937

Note 8 - Accrued Expenses and38

Note 8 - Accrued Expenses and Other Current Liabilities - Summary of Other Current Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Deferred rent, current portion	$ 102	$ 78
Obligations under capital leases, current portion	26	25
Total other current liabilities	$ 128	$ 103

Note 9 - Commitments and Cont39

Note 9 - Commitments and Contingencies (Details Textual) - USD ($)	Mar. 28, 2016	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
President and Chief Executive Officer [Member]
Deferred Compensation Arrangement with Individual, Consulting Term	1 year
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount	$ 362,000
Operating Leases, Rent Expense		$ 193,000	$ 192,000	$ 578,000	$ 576,000

Note 9 - Commitments and Cont40

Note 9 - Commitments and Contingencies - Remaining Future Minimum Operating Lease Payments (Details) $ in Thousands	Sep. 30, 2016USD ($)
Real Estate Operating Leases [Member]
2,016	$ 213
2,017	873
2,018	896
2,019	918
2,020	940
2021 and thereafter	320
Total	4,160
Office Equipment Operating Lease [Member]
2,016	4
2,017	20
2,018	20
2,019	10
2,020
2021 and thereafter
Total	54
2,016	217
2,017	893
2,018	916
2,019	928
2,020	940
2021 and thereafter	320
Total	$ 4,214

Note 9 - Commitments and Cont41

Note 9 - Commitments and Contingencies - Non-cancellable Purchase Obligations for Software Development and License Agreements (Details) $ in Thousands	Sep. 30, 2016USD ($)
2,016	$ 490
2,017	417
2,018	337
Total	$ 1,244

Note 10 - Income Taxes (Details

Note 10 - Income Taxes (Details Textual) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Operating Loss Carryforwards	$ 76.8	$ 76.8

Note 11 - Security Deposits (De

Note 11 - Security Deposits (Details Textual)	Sep. 30, 2016USD ($)
Secured by Standby Letter of Credit [Member]
Letters of Credit Outstanding, Amount	$ 150,000
Other Noncurrent Assets [Member]
Security Deposit	$ 150,000