Walker Innovation (WLKR) 10-Q 12 Aug 14 2014 Q2 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	6 Months Ended
	Jun. 30, 2014	Aug. 12, 2014
Document Information [Line Items]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Jun-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'
Entity Registrant Name	'Patent Properties, Inc.	'
Entity Central Index Key	'0001294649	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Smaller Reporting Company	'
Trading Symbol	'PPRO	'
Entity Common Stock, Shares Outstanding	'	20,741,572

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current Assets:	'	'
Cash	$19,864	$24,703
Accounts receivable	0	12
Prepaid and other current assets	341	525
Total current assets	20,205	25,240
Other Assets:	'	'
Investments, at cost	250	250
TOTAL ASSETS	20,455	25,490
Current Liabilities:	'	'
Accounts payable	829	634
Accrued expenses	1,341	703
TOTAL LIABILITIES	2,170	1,337
COMMITMENTS AND CONTINGENCIES	'	'
STOCKHOLDERS' EQUITY	'	'
Common stock, $0.001 par value, 100,000,000 shares authorized; 21,134,744 shares issued as of June 30, 2014 and December 31, 2013, respectively	21	21
Treasury stock, 393,172 shares, at cost	-840	-840
Additional paid-in capital	41,735	37,398
Accumulated deficit	-22,646	-12,441
TOTAL STOCKHOLDERS' EQUITY	18,285	24,153
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	20,455	25,490
Preferred Stock [Member]	'	'
STOCKHOLDERS' EQUITY	'	'
Preferred stock	0	0
Series B Preferred Stock [Member]	'	'
STOCKHOLDERS' EQUITY	'	'
Preferred stock	$15	$15

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Preferred stock, par value	$0.00	$0.00
Preferred stock, authorized	15,000,000	15,000,000
Common stock, par value	$0.00	$0.00
Common stock, authorized	100,000,000	100,000,000
Common stock, shares issued	21,134,744	21,134,744
Treasury Stock, Shares	393,172	393,172
Series B Convertible Preferred Stock [Member]	'	'
Preferred stock, par value	$0.00	$0.00
Preferred stock, designated	14,999,000	14,999,000
Preferred stock, shares issued	14,999,000	14,999,000
Preferred stock, shares outstanding	14,999,000	14,999,000

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Revenues:	'	'	'	'
Licensing fees	$6	$172	$6	$1,124
Patent sales	0	0	0	0
Total revenues	6	172	6	1,124
Legal and consulting contingency fees	0	12	0	387
Net revenue	6	160	6	737
Operating expenses:	'	'	'	'
Other legal and consulting fees	746	328	819	943
Patent prosecution and maintenance fees	296	204	511	407
Compensation and benefits	2,031	286	3,634	596
Professional fees	732	293	4,558	293
Software	202	0	202	0
General and administrative	248	33	506	69
Total operating expenses	4,255	1,144	10,230	2,308
Operating net loss	-4,249	-984	-10,224	-1,571
Other income	'	'	'	'
Interest income	9	0	19	0
Net loss	($4,240)	($984)	($10,205)	($1,571)
Net loss per common share:	'	'	'	'
Basic	($0.20)	($0.13)	($0.50)	($0.20)
Diluted	($0.20)	($0.13)	($0.50)	($0.20)
Weighted average common shares outstanding:	'	'	'	'
Basic	21,135	7,668	20,528	7,668
Diluted	21,135	7,668	20,528	7,668

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Cash Flows from Operating Activities:	'	'
Net loss	($10,205)	($1,571)
Adjustments to reconcile net loss to net cash used in operating activities:	'	'
Net contribution from (net distribution to) related party shareholder	81	1,310
Stock-based compensation	4,256	0
Decrease (increase) in:	'	'
Accounts receivable	12	803
Prepaid and other current assets	184	19
Increase (decrease) in:	'	'
Accounts payable	195	-334
Accrued expenses	638	-227
Net cash used in operating activities	-4,839	0
Net change in cash	-4,839	0
Cash:	'	'
Beginning	24,703	0
Ending	$19,864	$0

BUSINESS_ORGANIZATION_AND_NATU

BUSINESS ORGANIZATION AND NATURE OF OPERATIONS	6 Months Ended
	Jun. 30, 2014
Organization Consolidation And Presentation Of Financial Statements [Abstract]	'
BUSINESS ORGANIZATION AND NATURE OF OPERATIONS	'
	NOTE 1 – BUSINESS ORGANIZATION AND NATURE OF OPERATIONS
	Patent Properties, Inc. and Subsidiaries (the "Company") was previously known as GlobalOptions Group, Inc. (a Delaware corporation) with a wholly owned subsidiary GlobalOptions, Inc. On July 11, 2013, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) pursuant to which, on September 18, 2013 (the “Closing Date”) Walker Digital Holdings, LLC (“Walker Holdings”), a wholly-owned subsidiary of Walker Digital, LLC (“Walker Digital”) became a wholly-owned subsidiary of the Company (the “Merger”). Subsequent to the Closing Date, Walker Holdings changed its name to Inventor Holdings, LLC (“IH LLC”). As a result of the Merger, the Company is now a holding company with its primary operations conducted through IH LLC, as more fully discussed below. Under the transaction, Walker Digital received shares of the Company’s common stock and shares of a new Series B Preferred Stock, resulting in Walker Digital (after giving effect to a resale transaction in February 2014) owning approximately 48% of the economic interest and approximately 82.2% of the voting interest in the Company. Walker Digital may also receive an additional 2,166,667 shares of common stock, subject to certain performance conditions ("Contingency Shares").
	Prior to the merger, Walker Digital Licensing and Enforcement (“Walker Licensing”) was a business segment of Walker Digital and was engaged in developing and commercializing patents and other intellectual property assets created by Walker Digital, which was the research and development lab founded and led by Jay Walker. Walker Licensing generated revenues from the granting of intellectual property rights for the use of, or pertaining to, patented technologies. It also monetized its intellectual property through the sale of select patent assets.
	On June 3, 2013, IH LLC f/k/a Walker Holdings, was formed as a limited liability company in the State of Delaware. Walker Digital was the sole member of IH LLC. Immediately prior to the closing of the Merger, Walker Digital contributed Walker Licensing’s assets and business to IH LLC. In connection with the Merger, the Company acquired IH LLC and Walker Digital transferred ownership of the intellectual property assets that were primary to Walker Licensing’s business to IH LLC. All improvements to those assets, together with any intellectual property produced in connection with the patent licensing system under development, were assigned pursuant to an Invention Assignment Agreement with Mr. Walker.
	Simultaneously with the closing of the Merger, we completed the closing of a private placement (the “Placement”) of units, each consisting of one newly issued share of common stock and one warrant to purchase half a share of newly issued common stock, at the price of $3.00 per unit, to unaffiliated, accredited third parties. The investors in the Placement collectively purchased 3,960,615 shares of common stock and warrants to purchase 1,980,318 shares of common stock for consideration net of offering costs of $11.7 million. The warrants issued to the investors are exercisable for a period of three years at a purchase price of $3.00 per share of our common stock and are subject to a call option in favor of the Company. It is a condition to our right to exercise the call option that, prior to the exercise of the call option, the closing price of our common stock equals or exceeds $6.00 per share for any 20 trading days within any period of 30 consecutive trading days. The Placement was made to a limited number of accredited investors and was deemed to be exempt from registration.
	Nature of Business
	The Company develops, licenses and otherwise enforces patented technologies. The Company generates revenues from the granting of intellectual property rights for the use of, or pertaining to, patented technologies. The Company may also monetize its intellectual property through the sale of select patent assets. Patent protection is a key part of the Company’s business model, because it provides the Company with a period of exclusive ownership during which the Company can recoup risk capital and generate a profit from inventions. As an entrepreneurially driven entity, the Company is committed to a flexible approach when it comes to business models, deal terms and allocations of risk. The Company is also creating an innovative licensing solution for the mass market of patent owners and users “The United States Patent Utility™” (the “Patent Utility”). As of June 30, 2014, the Company has developed the specifications for the Patent Utility and the products associated with it. On July 20, 2014, a patent application covering the patent licensing system currently in development was filed by us with the United States Patent and Trademark Office. Although the Company has not yet completed development of the system and while no assurances may be given that it will be completed and able to be commercialized to create value, the Company believes that patent licensing is a large market characterized by significant price inefficiency and discontinuity between the participating parties.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2014
Accounting Policies [Abstract]	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Basis of Presentation
	The accompanying condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information, the instructions to Form 10-Q and the rules and regulations of the SEC. Accordingly, since they are interim statements, the accompanying condensed consolidated financial statements do not include all of the information and notes required by GAAP for annual financial statements, but reflect all adjustments consisting of normal, recurring adjustments, that are necessary for a fair presentation of the financial position, results of operations and cash flows for the interim periods presented. In the opinion of the Company’s management, all adjustments, consisting of only normal and recurring adjustments, necessary for a fair presentation of the financial position and the results of operations for the periods presented have been included. Interim results are not necessarily indicative of results for a full year. The condensed consolidated financial statements and notes should be read in conjunction with the financial statements and notes for the year ended December 31, 2013 included in the Company’s Form 10-K filed with the Securities and Exchange Commission on March 31, 2014.
	The Merger was accounted for as a “reverse merger.” Furthermore, the Merger was deemed to be a recapitalization of IH LLC, and as such, all capital accounts have been restated as if the Merger had occurred prior to the earliest period presented. IH LLC was deemed to be the acquirer in the Merger for accounting purposes. Consequently, the assets and liabilities and the historical operations of the Company that are reflected in the condensed consolidated financial statements prior to the Merger are those of IH LLC, and the condensed consolidated financial statements of the Company after completion of the Merger include the assets and liabilities of IH LLC, historical operations of IH LLC and operations of IH LLC from the Closing Date of the Merger.
	Use of Estimates
	The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements. Actual results could differ from these estimates. The Company's significant estimates and assumptions include stock-based compensation and the valuation allowance related to the Company's deferred tax assets. Certain of the Company's estimates could be affected by external conditions, including those unique to the Company and general economic conditions. It is reasonably possible that these external factors could have an effect on the Company's estimates and could cause actual results to differ from those estimates and assumptions.
	Earnings per Share
	Basic earnings per share (“EPS”) is computed by dividing net income applicable to common stock by the weighted-average number of common shares outstanding.
	For purposes of calculating basic and diluted earnings per share, vested restricted stock awards are considered outstanding. Under the treasury stock method, diluted EPS reflects the potential dilution that could occur if securities or other instruments that are convertible into common stock were exercised or could result in the issuance of common stock. The following financial instruments were not included in the diluted loss per share calculation for the three and six months ended June 30, 2014 because their effect was anti-dilutive:
		As of June 30, 2014
	Common stock options		3,223,000
	Common stock warrants		1,980,318
	Common shares underlying Series B Preferred Stock		14,999,000
	Contingency shares		2,166,667
	Excluded potentially dilutive securities		22,368,985
	Revenue Recognition
	Revenue is recognized when (i) persuasive evidence of an arrangement exists, (ii) all obligations have been substantially performed pursuant to the terms of the arrangement, (iii) amounts are fixed or determinable, and (iv) the collectability of amounts is reasonably assured.
	Licensing Fees
	We derive the majority of our revenue from patent licensing. In general, these revenue arrangements 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 the Company. Significantly all of the patent licenses are granted on the entire portfolio rather than individual patents. The intellectual property rights granted may be perpetual in nature, extending until the expiration of the related patents, or can be granted for a defined, relatively short period of time, with the licensee possessing the right to renew the agreement at the end of each contractual term for an additional minimum upfront payment. The Company recognizes licensing fees when there is persuasive evidence of a licensing arrangement, all obligations have been substantially performed, fees are fixed or determinable and collectability is reasonably assured.
	An allowance for doubtful accounts is established based on the Company’s best estimate of the amount of probable credit losses in the Company’s existing license fee receivables, using historical experience. The Company reviews its allowance for doubtful accounts periodically. Past due accounts are reviewed individually for collectability. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote.
	Patent Sales
	All patents have been internally developed. Research and development cost, if any, are expensed as incurred. The Company monetizes its intellectual property through the sale of select patent assets. As patent sales represents a component of the Company’s ongoing major or central operations and activities, the Company records the related proceeds as revenue. The Company recognizes the patent sales revenue when there is persuasive evidence of a sales arrangement, all obligations have been substantially performed, fees are fixed or determinable and collectability is reasonably assured. These requirements are generally fulfilled upon closing of the patent sale transaction.
	Amounts related to revenue arrangements that do not meet the revenue recognition criteria described above are deferred until the revenue recognition criteria are met.
	The Company assesses the collectability of fees receivable based on a number of factors, including past transaction history and credit-worthiness of licensees. If it is determined that collection is not reasonably assured, the fee is recognized when collectability becomes reasonably assured, assuming all other revenue recognition criteria have been met.
	Software Development Costs
	In accordance with Accounting Standards Codification ("ASC") 985-20 "Accounting for the Costs of Computer Software to be Sold, Leased, or Otherwise Marketed," development costs related to software products are expensed as incurred until the technological feasibility of the product has been established. Technological feasibility occurs when a working model is completed or a detail program design exists. After technological feasibility is established, additional costs are capitalized.
	Contingent Legal and Consulting Fees
	Contingent legal and consulting fees are expensed in the condensed consolidated statements of operations in the period that the related revenues are recognized. In instances where there are no recoveries from potential infringers, no contingent legal and consulting fees are required to be paid; however, the Company may be liable for certain out of pocket legal and consulting costs incurred pursuant to the underlying legal and consulting services agreement. Legal fees advanced by contingent law firms, if any, that are required to be paid in the event that no license recoveries are obtained are expensed as incurred and included in liabilities in the condensed consolidated balance sheets.
	Investments
	In cases where the Company’s investment is less than 20% of the outstanding voting stock and significant influence does not exist, the investment is carried at cost.
	Income Taxes
	As a result of the Merger, beginning on September 18, 2013, the Company’s results of operations are taxed as a C Corporation. Prior to the Merger, the Company’s operations were taxed as a limited liability company, whereby the Company elected to be taxed as a partnership and the income or loss was required to be reported by each respective member on their separate income tax returns.
	The Company recognizes deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the financial statements or tax returns. Deferred tax liabilities and assets are determined based on the difference between the financial statement basis and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The Company estimates the degree to which tax assets and credit carryforwards will result in a benefit based on expected profitability by tax jurisdiction. A valuation allowance for such tax assets and loss carryforwards is provided when it is determined to be more likely than not that the benefit of such deferred tax asset will not be realized in future periods. Tax benefits of operating loss carryforwards are evaluated on an ongoing basis, including a review of historical and projected future operating results, the eligible carryforward period, and other circumstances. If it becomes more likely than not that a tax asset will be used, the related valuation allowance on such assets would be reduced.
	Revenue Concentrations
	The Company considers significant revenue concentrations to be counterparties who account for 10% or more of the total revenues generated by the Company during the period. For the six month periods ended June 30, 2014, there was no material revenue and for the six month period ended June 30, 2013, the amount of revenue derived from counterparties representing more than 10% of our total revenues was 79%.
	Stock Based Compensation
	The Company measures the cost of services received in exchange for an award of equity instruments based on the fair value of the award. For employees and directors, the fair value of the award is measured on the grant date and for non-employees, the fair value of the award is generally re-measured on interim financial reporting dates and vesting dates until the service period is complete. The fair value amount is then recognized over the period services are required to be provided in exchange for the award, usually the vesting period. The Company recognizes employee stock-based compensation expense on a straight line basis over the requisite service period for each separately vesting tranche of each award. Stock-based compensation expense is reflected within operating expenses in the condensed consolidated statements of operations.
	Net Contribution (Distribution) to Related Party Shareholder
	Net contribution (distribution) to related party shareholder consists of non-cash net transfers to/from Walker Digital in relation to cash pooling and various allocations.

INVESTMENTS

INVESTMENTS	6 Months Ended
	Jun. 30, 2014
Investments All Other Investments [Abstract]	'
INVESTMENTS	'
	NOTE 3 - INVESTMENTS
	The Company received 57,000 shares of common stock in Tagged, Inc. as part of payment in connection with a license agreement. If on liquidation date (i.e. public offering or change of control), the grant value of the stock is less than $250 thousand (“grant value” or “floor value”), Tagged will pay the Company the difference between the $250 thousand floor value and the grant value. The investment is carried at cost and the cost was established as floor value.

SHARED_SERVICES_AGREEMENT

SHARED SERVICES AGREEMENT	6 Months Ended
	Jun. 30, 2014
Shared Services Agreement [Abstract]	'
SHARED SERVICES AGREEMENT	'
	NOTE 4 - SHARED SERVICES AGREEMENT
	In connection with the Merger, the Company entered into a Shared Services Agreement (“Shared Services Agreement”) with Walker Digital Management (“WDM”), which became effective at the closing of the Merger. The cost of such services varies monthly based on the terms of the Shared Services Agreement. The incurred expenses prior to the Closing of the Merger, including but not limited to executive compensation, information technology services and supplies, administrative and general services and supplies and rent and utilities, are based either on specific attribution of those expenses or, where necessary and appropriate, based on the Company’s best estimate of an appropriate proportional allocation.
	The following table represents expenses incurred under the Shares Services Agreement and contributed by WDM on behalf of the Company:
			Three Months Ended				Six Months Ended
			June 30, 2014		June 30, 2013		June 30, 2014		June 30, 2013
	(dollars in thousands)
	Operating Expenses:
	Compensation Expenses (1)		$	-1	$	79	$	8	$	172
	Rent and utilities			26		22		53		48
	Office services and supplies			5		10		13		13
	Telephone			4		2		7		4
	Other			12		-3		20		3
	Insurance			-		-		-		1
	Total Operating Expenses		$	46	$	110	$	101	$	241
		-1	Compensation expenses are net of services charged to WDM. During the three months ended June 30, 2014, and 2013, the Company charged approximately $26,000 and $0 of expenses, respectively, and during the six months ended June 30, 2014, and 2013, the Company charged approximately $42,000 and $0 of expenses, respectively related to such services.
	As of June 30, 2014 and December 31, 2013, due from WDM included in prepaid and other current assets on the condensed consolidated balance sheets was $11,000 and $19,000, respectively.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2014
Commitments And Contingencies Disclosure [Abstract]	'
COMMITMENTS AND CONTINGENCIES	'
	NOTE 5 - COMMITMENTS AND CONTINGENCIES
	Litigation
	The Company is subject to claims, counterclaims and legal actions that arise in the ordinary course of business. Management believes that the ultimate liability with respect to these claims and legal actions, if any, will not have a material effect on the Company’s financial position, results of operations or cash flows. The Company recognizes a liability for a contingency when it is probable that liability has been incurred and when the amount of loss can be reasonably estimated. When a range of probable loss can be estimated, the Company accrues the most likely amount of such loss, at no less than the minimum of the range. As of June 30, 2014, the litigation accrual was not material.
	Accrued Bonuses and Severance
	As of June 30, 2014 and December 31, 2013, accrued bonuses were $333,000 and $208,000, respectively. Most accrued bonuses are discretionary in nature, although some are based on specific performance goals. As of June 30. 2014, the Company had accrued severance payments of $519,000 payable to two former executives in connection with their employment agreements and pursuant to their separation agreements.
	These amounts are included in accrued expenses on the consolidated balance sheets.

EQUITY

EQUITY	6 Months Ended
	Jun. 30, 2014
Stockholders Equity Note [Abstract]	'
EQUITY	'
	NOTE 6 - EQUITY
	As of June 30, 2014, the Company had authorized an aggregate of 100,000,000 shares of common stock, par value $0.001 per share. The Company, had authorized an aggregate of 15,000,000 shares of preferred stock, par value $0.001 per share, 14,999,000 shares of which have been designated Series B Convertible Preferred Stock. As of June 30, 2014, there were 21,134,744 shares of the Company’s common stock issued and 20,741,572 outstanding. As of June 30, 2014, 14,999,000 shares of the Company’s Series B Convertible Preferred Stock were issued and outstanding.
	Registration Rights
	On September 18, 2013, upon the closing of a private placement (the “Placement”) of newly issued shares of the Company’s common stock and warrants, the Company entered into a registration rights agreement (the “Offering Registration Rights Agreement”) with the investors participating in the Placement. Under the terms of the Offering Registration Rights Agreement, the Company committed to file a registration statement covering the resale of the common stock issued in the Placement, as well as the common stock issuable on exercise of the warrants, within 30 calendar days from the Closing Date of the Placement (the “Filing Deadline”) and to use reasonable best efforts to cause the registration statement to become effective by certain dates or be subject to partial liquidated damages. The Company’s Form S-1 Registration Statement was filed with the Securities and Exchange Commission (the “SEC”) on October 17, 2013 and declared effective on February 13, 2014. Accordingly, the Company met its commitment in connection with the Offering Registration Rights Agreement.

STOCK_BASED_COMPENSATION

STOCK- BASED COMPENSATION	6 Months Ended
	Jun. 30, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]	'
STOCK- BASED COMPENSATION	'
	NOTE 7 - STOCK-BASED COMPENSATION
	Total stock-based compensation to employees and non-employees for the three and six months ended June 30, 2014 and 2013, respectively, is presented in the following table:
			Three Months Ended				Six Months Ended
			June 30, 2014		June 30, 2013		June 30, 2014		June 30, 2013
	(dollars in thousands)
	Employee option awards		$	493		-	$	1,054		-
	Non employee compensation expenses			83		-		114		-
	Non-employee restricted stock awards			-		-		3,088		-
	Total compensation expense		$	576		-	$	4,256		-
	Stock-based Compensation
	Stock Options to Employees
	During the second quarter 2014, the Company granted options for the purchase of 538,000 shares of its Common Stock at various exercise prices under the Incentive Plan to various employees. These options have an aggregate grant date fair value of approximately $1.1 million utilizing the Black-Scholes option pricing model with the following assumptions used:
	Exercise Price	$3.10 - $3.80
	Term	10 years
	Expected Life	5.4 – 6.5 years
	Volatility	62.8% – 72.7%
	Dividends	0%
	Risk Free Rate of Interest	1.64% - 2.38%
	Vesting:	March 2015 – June 2017
	The expected life of the options was calculated using the simplified method, using the average of the contractual term and the vesting period.  Due to the limited operating history of the Company, the expected volatility used to calculate the fair value of options granted during the three months ended June 30, 2014 was based on an index of comparable companies as permitted.
	In March 2014, the Company entered into a separation agreement with a former executive of the Company effective March 15, 2014. The agreement provided an accelerated vesting of one tranche of stock options awards previously granted to the executive.  On the effective date, these options had an fair value of approximately $0.2 million utilizing the Black-Scholes option pricing model with the following assumptions used:  contractual life of 1.7 years; volatility of 80.3%; dividends of 0%; and a risk free interest rate of 0.36%.  The expense of the accelerated vesting of these outstanding stock options was included in stock-based compensation for the quarter ended March 31, 2014, there was no related expense during the quarter ended June 30, 2014.
	Stock Options to Non-employees
	Stock-based compensation expense related to stock-based awards to non-employees is recognized as the stock-based awards are earned, generally through the provision of services. The Company believes that the fair value of the stock-based awards is more reliably measurable than the fair value of the services received. The fair value of the granted stock-based awards is calculated at each reporting date.
	During the second quarter of 2014 the Company granted options to non-employees for the purchase of 115,000 shares of its Common Stock at various exercise prices under the Incentive Plan, to advisors of the Company. These options have an aggregate grant date fair value of approximately $0.3 million utilizing the Black-Scholes option pricing model with the following assumptions used:
	Exercise Price	$3.10 - $3.80
	Term	10 years
	Remaining Contractual Life	9.8 – 10 years
	Volatility	72.70%
	Dividends	0%
	Risk Free Rate of Interest	2.53%
	Vesting:	March 2015 – June 2016
	Due to the limited operating history of the Company, the expected volatility used to calculate the fair value of options granted during the three months ended June 30, 2014 was based on an index of comparable companies as permitted.
	Restricted Stock to Non-employees
	On September 18, 2013, in connection with the amendment of a service agreement with a vendor pursuant to which the vendor reduced its future fees, the Company issued 1,445,000 shares of common stock to the vendor. The common stock vested on March 17, 2014. The Company recorded the pro rata portion of this non-employee award as a component of professional fees. The amounts recorded to such award were $3.1 million during the first quarter ended March 31, 2014, there was no related expense for the three months ended June 30, 2014.
	A summary of the status of the Company’s stock option plans and the changes during the six months ended June 30, 2014, is presented in the table below:
			Number of Shares		Weighted		Intrinsic		Weighted
					Average		Value		Average
					Exercise Price				Remaining
									Contractual
									Life (in
									years)
	Outstanding at December 31, 2013			2,305,000	$	3.96		130		9.9
	Options Granted			1,238,000	$	3.5		-		9
	Options Exercised			-
	Options Cancelled			-320,000	$	4.05
	Outstanding at June 30, 2014			3,223,000	$	3.78		-		8.9
	Options vested and exercisable			300,000	$	3.38		-		2.8
	As of June 30, 2014, the Company had unrecognized stock-based compensation expense related to all unvested stock options of $5.4 million, which is expected to be recognized over the remaining weighted-average vesting period of 2.22 years.

SOFTWARE_AGREEMENT

SOFTWARE AGREEMENT	6 Months Ended
	Jun. 30, 2014
Software Agreement [Abstract]	'
SOFTWARE AGREEMENT	'
	NOTE 8 – SOFTWARE AGREEMENT
	On May 8, 2014 (the "Effective Date"), the Company entered into a Software as Service Agreement (the "Agreement") with Innography, Inc. ("Innography") under which the Company will have access to Innography’s proprietary web-based application software platforms and patent related data and analytics functionality in connection with the development and commercialization of the Patent Utility.
	The term of the Agreement commences on the Effective Date and continues until the two year anniversary of the Effective Date (the "Initial Term"). The Agreement may be renewed for up to three additional and consecutive one year renewal periods (each a "Renewal Term"). The Agreement will renew for the first and second Renewal Terms unless the Company elects to terminate the Agreement in advance of renewal and will renew for the third Renewal Term unless either party elects to terminate the agreement in advance of renewal. In the event of a change of control, as defined in the Agreement, of Innography, on or after June 30, 2015 Innography may terminate the then current term on 60 days notice (“Control Termination”). In the event of a Control Termination or if the Agreement is not renewed for an optional Renewal Term, or after the last of up to three Renewal Terms expires, the Company may renew for an additional one year period during which Innography will provide its services and reasonably assist the Company in migrating to a replacement service (the "Wind Down Term").
	Concurrent with the execution of the Agreement, the Company paid a one-time fee of $200,000. In consideration for the access to Innography's software application, the Company paid a fee of $350,000 on July 1, 2014, and will pay $500,000 on January 1, 2015 and $650,000 on July 1, 2015. For each Renewal Term the Company will pay semi-annual payments of $800,000 on January 1 and July 1, but the semi-annual payments may increase from $800,000 to $1,100,000 if the Company's semi-annual net revenues, as defined in the Agreement, exceed $15 million. In the event that the Wind Down Term extends beyond the fifth anniversary of the Effective Date, the semi-annual rates shall increase 20% for any portion of the Wind Down Term that occurs after the fifth anniversary of the Effective Date.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2014
Accounting Policies [Abstract]	'
Basis of Presentation	'
	Basis of Presentation
	The accompanying condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information, the instructions to Form 10-Q and the rules and regulations of the SEC. Accordingly, since they are interim statements, the accompanying condensed consolidated financial statements do not include all of the information and notes required by GAAP for annual financial statements, but reflect all adjustments consisting of normal, recurring adjustments, that are necessary for a fair presentation of the financial position, results of operations and cash flows for the interim periods presented. In the opinion of the Company’s management, all adjustments, consisting of only normal and recurring adjustments, necessary for a fair presentation of the financial position and the results of operations for the periods presented have been included. Interim results are not necessarily indicative of results for a full year. The condensed consolidated financial statements and notes should be read in conjunction with the financial statements and notes for the year ended December 31, 2013 included in the Company’s Form 10-K filed with the Securities and Exchange Commission on March 31, 2014.
	The Merger was accounted for as a “reverse merger.” Furthermore, the Merger was deemed to be a recapitalization of IH LLC, and as such, all capital accounts have been restated as if the Merger had occurred prior to the earliest period presented. IH LLC was deemed to be the acquirer in the Merger for accounting purposes. Consequently, the assets and liabilities and the historical operations of the Company that are reflected in the condensed consolidated financial statements prior to the Merger are those of IH LLC, and the condensed consolidated financial statements of the Company after completion of the Merger include the assets and liabilities of IH LLC, historical operations of IH LLC and operations of IH LLC from the Closing Date of the Merger.
Use of Estimates	'
	Use of Estimates
	The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements. Actual results could differ from these estimates. The Company's significant estimates and assumptions include stock-based compensation and the valuation allowance related to the Company's deferred tax assets. Certain of the Company's estimates could be affected by external conditions, including those unique to the Company and general economic conditions. It is reasonably possible that these external factors could have an effect on the Company's estimates and could cause actual results to differ from those estimates and assumptions.
Earnings Per Share	'
	Earnings per Share
	Basic earnings per share (“EPS”) is computed by dividing net income applicable to common stock by the weighted-average number of common shares outstanding.
	For purposes of calculating basic and diluted earnings per share, vested restricted stock awards are considered outstanding. Under the treasury stock method, diluted EPS reflects the potential dilution that could occur if securities or other instruments that are convertible into common stock were exercised or could result in the issuance of common stock. The following financial instruments were not included in the diluted loss per share calculation for the three and six months ended June 30, 2014 because their effect was anti-dilutive:
		As of June 30, 2014
	Common stock options		3,223,000
	Common stock warrants		1,980,318
	Common shares underlying Series B Preferred Stock		14,999,000
	Contingency shares		2,166,667
	Excluded potentially dilutive securities		22,368,985
Revenue Recognition	'
	Revenue Recognition
	Revenue is recognized when (i) persuasive evidence of an arrangement exists, (ii) all obligations have been substantially performed pursuant to the terms of the arrangement, (iii) amounts are fixed or determinable, and (iv) the collectability of amounts is reasonably assured.
	Licensing Fees
	We derive the majority of our revenue from patent licensing. In general, these revenue arrangements 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 the Company. Significantly all of the patent licenses are granted on the entire portfolio rather than individual patents. The intellectual property rights granted may be perpetual in nature, extending until the expiration of the related patents, or can be granted for a defined, relatively short period of time, with the licensee possessing the right to renew the agreement at the end of each contractual term for an additional minimum upfront payment. The Company recognizes licensing fees when there is persuasive evidence of a licensing arrangement, all obligations have been substantially performed, fees are fixed or determinable and collectability is reasonably assured.
	An allowance for doubtful accounts is established based on the Company’s best estimate of the amount of probable credit losses in the Company’s existing license fee receivables, using historical experience. The Company reviews its allowance for doubtful accounts periodically. Past due accounts are reviewed individually for collectability. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote.
	Patent Sales
	All patents have been internally developed. Research and development cost, if any, are expensed as incurred. The Company monetizes its intellectual property through the sale of select patent assets. As patent sales represents a component of the Company’s ongoing major or central operations and activities, the Company records the related proceeds as revenue. The Company recognizes the patent sales revenue when there is persuasive evidence of a sales arrangement, all obligations have been substantially performed, fees are fixed or determinable and collectability is reasonably assured. These requirements are generally fulfilled upon closing of the patent sale transaction.
	Amounts related to revenue arrangements that do not meet the revenue recognition criteria described above are deferred until the revenue recognition criteria are met.
	The Company assesses the collectability of fees receivable based on a number of factors, including past transaction history and credit-worthiness of licensees. If it is determined that collection is not reasonably assured, the fee is recognized when collectability becomes reasonably assured, assuming all other revenue recognition criteria have been met.
Software Development Costs	'
	Software Development Costs
	In accordance with Accounting Standards Codification ("ASC") 985-20 "Accounting for the Costs of Computer Software to be Sold, Leased, or Otherwise Marketed," development costs related to software products are expensed as incurred until the technological feasibility of the product has been established. Technological feasibility occurs when a working model is completed or a detail program design exists. After technological feasibility is established, additional costs are capitalized.
Contingent Legal and Consulting Fees	'
	Contingent Legal and Consulting Fees
	Contingent legal and consulting fees are expensed in the condensed consolidated statements of operations in the period that the related revenues are recognized. In instances where there are no recoveries from potential infringers, no contingent legal and consulting fees are required to be paid; however, the Company may be liable for certain out of pocket legal and consulting costs incurred pursuant to the underlying legal and consulting services agreement. Legal fees advanced by contingent law firms, if any, that are required to be paid in the event that no license recoveries are obtained are expensed as incurred and included in liabilities in the condensed consolidated balance sheets.
Investments	'
	Investments
	In cases where the Company’s investment is less than 20% of the outstanding voting stock and significant influence does not exist, the investment is carried at cost.
Income Taxes	'
	Income Taxes
	As a result of the Merger, beginning on September 18, 2013, the Company’s results of operations are taxed as a C Corporation. Prior to the Merger, the Company’s operations were taxed as a limited liability company, whereby the Company elected to be taxed as a partnership and the income or loss was required to be reported by each respective member on their separate income tax returns.
	The Company recognizes deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the financial statements or tax returns. Deferred tax liabilities and assets are determined based on the difference between the financial statement basis and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The Company estimates the degree to which tax assets and credit carryforwards will result in a benefit based on expected profitability by tax jurisdiction. A valuation allowance for such tax assets and loss carryforwards is provided when it is determined to be more likely than not that the benefit of such deferred tax asset will not be realized in future periods. Tax benefits of operating loss carryforwards are evaluated on an ongoing basis, including a review of historical and projected future operating results, the eligible carryforward period, and other circumstances. If it becomes more likely than not that a tax asset will be used, the related valuation allowance on such assets would be reduced.
Revenue Concentrations	'
	Revenue Concentrations
	The Company considers significant revenue concentrations to be counterparties who account for 10% or more of the total revenues generated by the Company during the period. For the six month periods ended June 30, 2014, there was no material revenue and for the six month period ended June 30, 2013, the amount of revenue derived from counterparties representing more than 10% of our total revenues was 79%.
Stock Based Compensation	'
	Stock Based Compensation
	The Company measures the cost of services received in exchange for an award of equity instruments based on the fair value of the award. For employees and directors, the fair value of the award is measured on the grant date and for non-employees, the fair value of the award is generally re-measured on interim financial reporting dates and vesting dates until the service period is complete. The fair value amount is then recognized over the period services are required to be provided in exchange for the award, usually the vesting period. The Company recognizes employee stock-based compensation expense on a straight line basis over the requisite service period for each separately vesting tranche of each award. Stock-based compensation expense is reflected within operating expenses in the condensed consolidated statements of operations.
Net Contribution (Distribution) to Related Party Shareholder	'
	Net Contribution (Distribution) to Related Party Shareholder
	Net contribution (distribution) to related party shareholder consists of non-cash net transfers to/from Walker Digital in relation to cash pooling and various allocations.

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
	Jun. 30, 2014
Accounting Policies [Abstract]	'
Financial Instruments that Were Not Included in Diluted Loss Per Share Calculation	'
	The following financial instruments were not included in the diluted loss per share calculation for the three and six months ended June 30, 2014 because their effect was anti-dilutive:
		As of June 30, 2014
	Common stock options		3,223,000
	Common stock warrants		1,980,318
	Common shares underlying Series B Preferred Stock		14,999,000
	Contingency shares		2,166,667
	Excluded potentially dilutive securities		22,368,985

SHARED_SERVICES_AGREEMENT_Tabl

SHARED SERVICES AGREEMENT (Tables)	6 Months Ended
	Jun. 30, 2014
Shared Services Agreement [Abstract]	'
Summery Of Expenses Contributed by WDM on Behalf of the Company and Expenses Incurred under the Shares Services Agreement:	'
	The following table represents expenses incurred under the Shares Services Agreement and contributed by WDM on behalf of the Company:
			Three Months Ended				Six Months Ended
			June 30, 2014		June 30, 2013		June 30, 2014		June 30, 2013
	(dollars in thousands)
	Operating Expenses:
	Compensation Expenses (1)		$	-1	$	79	$	8	$	172
	Rent and utilities			26		22		53		48
	Office services and supplies			5		10		13		13
	Telephone			4		2		7		4
	Other			12		-3		20		3
	Insurance			-		-		-		1
	Total Operating Expenses		$	46	$	110	$	101	$	241
		-1	Compensation expenses are net of services charged to WDM. During the three months ended June 30, 2014, and 2013, the Company charged approximately $26,000 and $0 of expenses, respectively, and during the six months ended June 30, 2014, and 2013, the Company charged approximately $42,000 and $0 of expenses, respectively related to such services.

STOCK_BASED_COMPENSATION_Table

STOCK BASED COMPENSATION (Tables)	6 Months Ended
	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Schedule Of Share Based Compensation Activity	'
	Total stock-based compensation to employees and non-employees for the three and six months ended June 30, 2014 and 2013, respectively, is presented in the following table:
			Three Months Ended				Six Months Ended
			June 30, 2014		June 30, 2013		June 30, 2014		June 30, 2013
	(dollars in thousands)
	Employee option awards		$	493		-	$	1,054		-
	Non employee compensation expenses			83		-		114		-
	Non-employee restricted stock awards			-		-		3,088		-
	Total compensation expense		$	576		-	$	4,256		-
Schedule Of Share Based Compensation Stock Options Activity	'
	A summary of the status of the Company’s stock option plans and the changes during the six months ended June 30, 2014, is presented in the table below:
			Number of Shares		Weighted		Intrinsic		Weighted
					Average		Value		Average
					Exercise Price				Remaining
									Contractual
									Life (in
									years)
	Outstanding at December 31, 2013			2,305,000	$	3.96		130		9.9
	Options Granted			1,238,000	$	3.5		-		9
	Options Exercised			-
	Options Cancelled			-320,000	$	4.05
	Outstanding at June 30, 2014			3,223,000	$	3.78		-		8.9
	Options vested and exercisable			300,000	$	3.38		-		2.8
Employee Stock Option [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Schedule of Assumptions Used	'
	These options have an aggregate grant date fair value of approximately $1.1 million utilizing the Black-Scholes option pricing model with the following assumptions used:
	Exercise Price	$3.10 - $3.80
	Term	10 years
	Expected Life	5.4 – 6.5 years
	Volatility	62.8% – 72.7%
	Dividends	0%
	Risk Free Rate of Interest	1.64% - 2.38%
	Vesting:	March 2015 – June 2017
Non Employee Stock Option [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Schedule of Assumptions Used	'
	These options have an aggregate grant date fair value of approximately $0.3 million utilizing the Black-Scholes option pricing model with the following assumptions used:
	Exercise Price	$3.10 - $3.80
	Term	10 years
	Remaining Contractual Life	9.8 – 10 years
	Volatility	72.70%
	Dividends	0%
	Risk Free Rate of Interest	2.53%
	Vesting:	March 2015 – June 2016

Recovered_Sheet1

Business Organization and Nature of Operations - Additional Information (Detail) (USD $)	6 Months Ended		1 Months Ended
In Millions, except Share data, unless otherwise specified	Jun. 30, 2014	Sep. 18, 2013	Sep. 18, 2013	Sep. 18, 2013
		Performance Shares	Private Placement, Global Options	Walker Digital Holdings, LLC
Organization Consolidation And Presentation Of Financial Statements [Line Items]	'	'	'	'
Percentage of stock acquired by walker digital	'	'	'	48.00%
Controlling voting interest owned as a result of change of name	'	'	'	82.20%
Shares of common stock to be received	'	2,166,667	'	'
Offering price of share issued	$3	'	'	'
Stock issued during period shares new issues	'	'	3,960,615	'
Warrants issued to purchase common stock	1,980,318	'	'	'
Stock issued during period value new issues	'	'	$11.70	'
Warrant exercise price	$3	'	'	'
Closing price per share	$6	'	'	'
Number of trading days	'20 days	'	'	'
Number of consecutive trading days	'30 days	'	'	'

Recovered_Sheet2

Summary Of Significant Accounting Policies - Additional Information (Detail) (Percentage of major customers revenue accounted for 10% or more of total revenues)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
		Settled amount
Significant Accounting Policies [Line Items]	'	'
Concentration percentage	0.00%	79.00%

Financial_Instruments_That_Wer

Financial Instruments That Were Not Included In Diluted Loss Per Share Calculation (Detail)	6 Months Ended
	Jun. 30, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'
Excluded potentially dilutive securities	22,368,985
Employee Stock Option [Member]	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'
Excluded potentially dilutive securities	3,223,000
Warrant [Member]	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'
Excluded potentially dilutive securities	1,980,318
Contingency shares [Member]	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'
Excluded potentially dilutive securities	2,166,667
Series B Preferred Stock [Member]	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'
Excluded potentially dilutive securities	14,999,000

Investments_Additional_Informa

Investments - Additional Information (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2014
In Thousands, except Share data, unless otherwise specified			Licensing Agreements
Schedule of Cost-method Investments [Line Items]	'	'	'
Number of Common stock received in connection with license agreement	'	'	57,000
Investments, at cost	$250	$250	$250

Shared_Services_Agreement_Addi

Shared Services Agreement - Additional Information (Detail) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Shared Services Agreement [Line Items]	'	'	'	'	'
Labor And Related Expense	$2,031	$286	$3,634	$596	'
Walker Digital Management	'	'	'	'	'
Shared Services Agreement [Line Items]	'	'	'	'	'
Labor And Related Expense	26	0	42	0	'
Due from Related Parties	$11	'	$11	'	$19

Shares_Services_Agreement_Deta

Shares Services Agreement (Detail) (USD $)	3 Months Ended				6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013
Operating Expenses:	'		'		'		'
Compensation Expenses	$2,031		$286		$3,634		$596
Total Operating Expenses	4,255		1,144		10,230		2,308
Shared Services Agreement	'		'		'		'
Operating Expenses:	'		'		'		'
Compensation Expenses	-1	[1]	79	[1]	8	[1]	172	[1]
Rent and utilities	26		22		53		48
Office services and supplies	5		10		13		13
Telephone	4		2		7		4
Other	12		-3		20		3
Insurance	0		0		0		1
Total Operating Expenses	$46		$110		$101		$241
[1]	Compensation expenses are net of services charged to WDM. During the three months ended June 30, 2014, and 2013, the Company charged approximately $26,000 and $0 of expenses, respectively, and during the six months ended June 30, 2014, and 2013, the Company charged approximately $42,000 and $0 of expenses, respectively related to such services.

Commitments_And_Contingencies_

Commitments And Contingencies - Additional Information (Detail) (USD $)	6 Months Ended
	Jun. 30, 2014	Dec. 31, 2013
Loss Contingencies [Line Items]	'	'
Litigation accrual	$0	'
Accrued Bonuses	333,000	208,000
Severance Costs	$519,000	'

Equity_Additional_Information_

Equity - Additional Information (Detail) (USD $)	6 Months Ended
	Jun. 30, 2014	Dec. 31, 2013
Equity [Line Items]	'	'
Common stock, authorized	100,000,000	100,000,000
Common stock, par value	$0.00	$0.00
Common Stock, Issued	21,134,744	21,134,744
Preferred stock, authorized	15,000,000	15,000,000
Preferred stock, par value	$0.00	$0.00
Common stock, shares outstanding	20,741,572	'
Number of consecutive trading days	'30 days	'
Series B Convertible Preferred Stock	'	'
Equity [Line Items]	'	'
Preferred Stock, Issued	14,999,000	'
Preferred stock, designated	14,999,000	'
Series B Convertible Preferred Stock	'	'
Equity [Line Items]	'	'
Preferred stock, par value	$0.00	$0.00
Preferred Stock, Issued	14,999,000	14,999,000
Preferred stock, designated	14,999,000	14,999,000

StockBased_Compensation_Additi

Stock-Based Compensation - Additional Information (Detail) (USD $)	0 Months Ended	3 Months Ended	6 Months Ended	1 Months Ended	3 Months Ended
In Millions, except Share data, unless otherwise specified	Mar. 15, 2014	Mar. 31, 2014	Jun. 30, 2014	Sep. 18, 2013	Jun. 30, 2014	Jun. 30, 2014
				Vendor [Member]	Non Employee Stock Option [Member]	Employee Stock Option [Member]
				Common Stock [Member]
Stock Based Compensation [Line Items]	'	'	'	'	'	'
Option to purchase common stock, shares granted	'	'	1,238,000	'	115,000	538,000
Options vested, aggregate grant date fair value	$0.20	'	'	'	$0.30	$1.10
Expected Term	'1 year 8 months 12 days	'	'	'	'	'
Volatility rate	80.30%	'	'	'	'	'
Dividends rate	0.00%	'	'	'	'	'
Risk free interest rate	0.36%	'	'	'	'	'
Stock-based compensation expense unvested stock options	'	'	5.4	'	'	'
Weighted-average vesting period	'	'	'2 years 2 months 19 days	'	'	'
Shares of common stock to vendor	'	'	'	1,445,000	'	'
Non-employee award as a component of professional fees	'	$3.10	'	'	'	'

Total_Stockbased_Compensation_

Total Stock-based Compensation to Employees and Non-employees (Detail) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Share Based Compensation	$576	$0	$4,256	$0
Non-employee Compensation Expenses [Member]	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Share Based Compensation	83	0	114	0
Non-employee Restricted Stock Awards [Member]	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Share Based Compensation	0	0	3,088	0
Employee Stock Option [Member]	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Share Based Compensation	$493	$0	$1,054	$0

Summary_of_Employees_Stock_Opt

Summary of Employees Stock Options Based on Black-Scholes Option Pricing Model (Detail) (Employee Stock Option [Member], USD $)	3 Months Ended
	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Term	'10 years
Dividends	0.00%
Minimum [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Exercise Price	3.1
Expected Life	'5 years 4 months 24 days
Volatility	62.80%
Risk Free Rate of Interest	1.64%
Vesting:	'March 2015
Maximum [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Exercise Price	3.8
Expected Life	'6 years 6 months
Volatility	72.70%
Risk Free Rate of Interest	2.38%
Vesting:	'June 2017

Summary_of_Non_Employees_Stock

Summary of Non Employees Stock Options Based on Black-Scholes Option Pricing Model (Detail) (Non Employee Stock Option [Member], USD $)	3 Months Ended
	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Term	'10 years
Volatility	72.70%
Dividends	0.00%
Risk Free Rate of Interest	2.53%
Maximum [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Exercise Price	3.8
Remaining Contractual Life	'10 years
Vesting:	'June 2016
Minimum [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Exercise Price	3.1
Remaining Contractual Life	'9 years 9 months 18 days
Vesting:	'March 2015

Summary_of_Status_of_Companys_

Summary of Status of Company's Stock Option Plans and Changes (Detail) (USD $)	6 Months Ended	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Balances at beginning of period, Number of shares	2,305,000	'
Number of Shares Options Granted	1,238,000	'
Number of Shares Options Exercised	0	'
Number of Shares Options Cancelled	-320,000	'
Balances at End of period, Number of shares	3,223,000	2,305,000
Number of Shares Options Vested and Exercisable	300,000	'
Weighted Average Exercise Price Outstanding Beginning of period	$3.96	'
Weighted Average Exercise Price Options Granted	$3.50	'
Weighted Average Exercise Price Options cancelled	$4.05	'
Weighted Average Exercise Price Outstanding end of period	$3.78	$3.96
Weighted Average Exercise Price Options Vested and Exercisable	$3.38	'
Intrinsic Value Beginning of period	$130	'
Intrinsic Value Options granted	0	'
Intrinsic Value Ending of period	0	130
Intrinsic Value Options Vested and Exercisable	$0	'
Weighted Average Remaining Contractual Life (in years) Outstanding	'8 years 10 months 24 days	'9 years 10 months 24 days
Weighted Average Remaining Contractual Life (in years) Options granted	'9 years	'
Weighted Average Remaining Contractual Life (in years) Options Vested and Exercisable	'2 years 9 months 18 days	'

Software_Agreement_Additional_

Software Agreement - Additional Information (Detail) (USD $)	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2014	Jul. 01, 2014	Jul. 01, 2015	Jun. 30, 2014	Jun. 30, 2014
		Maximum [Member]	Minimum [Member]	Subsequent Event	Subsequent Event	January one	July one
						Subsequent Event	Subsequent Event
Software Agreement [Line Items]	'	'	'	'	'	'	'
Agreement One Time Fee	'	'	'	$200,000	'	'	'
Semi Annual Fee	'	'	'	350,000	'	800,000	800,000
Semi Annual Fee One	'	'	'	'	500,000	'	'
Semi Annual Fee Two	'	'	'	'	650,000	'	'
Agreement Renewal Cost	'	1,100,000	800,000	'	'	'	'
Semi Annual Net Revenue Amount	$15,000,000	'	'	'	'	'	'
Semi Annual Rate	'	'	'	'	20.00%	'	'