Walker Innovation (WLKR) 10-K 2 Feb 18 2017 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2017	Feb. 01, 2018	Jun. 30, 2017
Document Information [Line Items]
Entity Registrant Name	WALKER INNOVATION INC.
Entity Central Index Key	1,294,649
Trading Symbol	wlkr
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)		20,094,314
Entity Public Float			$ 7,249,927
Document Type	10-K
Document Period End Date	Dec. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Current Assets:
Cash and cash equivalents	$ 24,041	$ 10,285
Short-term investment	25	25
Prepaid expenses and other current assets	73	398
Total current assets	24,139	10,708
Property and equipment, net		9
Other Assets:
Investment, at fair value		14,621
Investment, at cost		250
TOTAL ASSETS	24,139	25,588
Current Liabilities:
Accounts payable	121	214
Accrued expenses	229	461
Deferred revenue		316
Total current liabilities	350	991
TOTAL LIABILITIES	350	991
COMMITMENTS AND CONTINGENCIES (NOTE 8)
STOCKHOLDERS' EQUITY
Preferred stock, value	0	0
Common stock, $0.001 par value, 100,000,000 shares authorized; 21,184,744 and 21,134,744 shares issued and 20,094,314 and 20,741,572 outstanding as of December 31, 2017 and 2016 respectively	21	21
Treasury stock, 1,090,430 and 393,172 shares, at cost as of December 31, 2017 and 2016, respectively	(1,122)	(840)
Additional paid-in capital	47,350	46,985
Accumulated deficit	(22,475)	(21,584)
TOTAL STOCKHOLDERS' EQUITY	23,789	24,597
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	24,139	25,588
Series B Convertible Preferred Stock [Member]
STOCKHOLDERS' EQUITY
Preferred stock, value	$ 15	$ 15

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Dec. 31, 2017	Dec. 31, 2016
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, authorized (in shares)	15,000,000	15,000,000
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	21,184,744	21,134,744
Common stock, shares outstanding (in shares)	20,094,314	20,741,572
Treasury stock, shares (in shares)	1,090,430	393,172
Series B Convertible Preferred Stock [Member]
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, designated (in shares)	14,999,000	14,999,000
Preferred stock shares issued (in shares)	14,999,000	14,999,000
Preferred stock, shares outstanding (in shares)	14,999,000	14,999,000

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Revenues:
Licensing fees	$ 300	$ 1,642
Subscription revenue		75
Custom innovation – related party		2,561
Total revenues	300	4,278
Cost of Revenues:
Legal and consulting contingency fees		35
Cost of subscription revenue		200
Cost of custom innovation		1,572
Total cost of revenues		1,807
Net revenue	300	2,471
Operating expenses:
Other legal and consulting fees	374	1,427
Patent prosecution and maintenance fees	87	164
Compensation and benefits, includes non cash compensation of $0.4 million and $1.7 million, for 2017 and 2016, respectively	1,722	3,793
Professional fees	769	969
General and administrative	493	814
Restructuring expenses		575
Total Operating Expenses	3,445	7,742
Operating loss	(3,145)	(5,271)
Other income – related party	386	917
Unrealized gain on investment		14,103
Realized gain on sales of investment	2,189	7,121
Interest income	45	7
Net (loss) income before taxes	(525)	16,877
Provision for income taxes	(366)
Net (loss) income	$ (891)	$ 16,877
Net (loss) income per common share
Basic (in dollars per share)	$ (0.04)	$ 0.81
Diluted (in dollars per share)	$ (0.04)	$ 0.47
Weighted average common shares outstanding
Basic (in shares)	20,527,624	20,741,572
Diluted (in shares)	20,527,624	35,973,231

Consolidated Statements of Ope5

Consolidated Statements of Operations (Parentheticals) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Non-cash stock based compensation	$ 0.4	$ 1.7

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Preferred Stock [Member]Series B Convertible Preferred Stock [Member]	Common Stock [Member]	Treasury Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance (in shares) at Dec. 31, 2015	14,999,000	21,135,000	394,000
Balance at Dec. 31, 2015	$ 15	$ 21	$ (840)	$ 45,136	$ (38,461)	$ 5,871
Stock based compensation				1,849		1,849
Net income (loss)					16,877	$ 16,877
Options Exercised (in shares)						0
Related party payment in shares
Balance (in shares) at Dec. 31, 2016	14,999,000	21,135,000	394,000
Balance at Dec. 31, 2016	$ 15	$ 21	$ (840)	46,985	(21,584)	24,597
Stock based compensation				344		344
Net income (loss)					(891)	$ (891)
Options Exercised (in shares)		50,000				50,000
Options exercised				21		$ 21
Related party payment in shares			$ (282)			(282)
Balance (in shares) at Dec. 31, 2017	14,999,000	21,185,000	1,090,000
Balance at Dec. 31, 2017	$ 15	$ 21	$ (1,122)	$ 47,350	$ (22,475)	$ 23,789
Related party payment in shares (in shares)			696,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Cash Flows from Operating Activities
Net income (loss)	$ (891)	$ 16,877
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Unrealized gain on investment		(14,103)
Realized gain on investment	(2,189)	(7,121)
Stock-based compensation	344	1,849
Depreciation and amortization	9	36
Accelerated amortization related to write off of Haystack IQ asset		213
Decrease (increase) in:
Accounts receivable and other receivable	(6)	858
Prepaid and other current assets	48	236
Increase (decrease) in:
Accounts payable	(93)	(209)
Accrued expenses	(231)	(105)
Deferred expenses and deferred revenue	(316)	(1,404)
Net cash used in operating activities	(3,325)	(2,873)
Cash Flows from Investing Activities:
Proceeds from sales of investments in Tagged and Upside	18,362	7,500
Exercise of Upside Warrant	(759)	(225)
Commission in connection with the sale of Upside Warrant	(543)
Net change in short-term investment		25
Net cash provided by investing activities	17,060	7,300
Cash Flows from Financing Activities:
Proceeds from exercise of options	21
Net cash provided by financing activities	21
Net increase in cash and cash equivalents	13,756	4,427
Cash and cash equivalents
Beginning	10,285	5,858
Ending	24,041	10,285
Supplemental disclosure of non-cash investing and financing transactions
Reclassification as treasury stock of shares received in connection with settlement of related party matter (Note 9)	$ 282

Note 1 - The Company

Note 1 - The Company	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE 1. Walker Innovation Inc., a Delaware corporation (collectively, with its subsidiaries, the “Company” or “Walker Innovation”), seeks to develop and commercialize its unique portfolio of intellectual property assets through licensing and enforcement operations (“Licensing and Enforcement”). In response to challenging developments in the patent licensing and enforcement environment and the cessation of the Company ’s custom innovation work described below, the Company’s current plan of operations includes a carefully focused Licensing and Enforcement program, and an effort to acquire, through merger, share exchange, asset acquisition, plan of arrangement, recapitalization, reorganization or similar business combination, one Walker Digital, LLC (“Walker Digital”), a related party, is the owner of approximately 82% 48% 42%

Note 2 - Business

Note 2 - Business	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Nature of Operations [Text Block]	NOTE 2. BUSINESS Nature of Business Licensing and Enforcement The Company seeks to develop, license and otherwise enforce patented technologies through its wholly owned subsidiaries. Historically, the Company generated revenues from the granting of intellectual property rights for the use of, or pertaining to, its patented technologies. The Company may ’s business model, because it provides the Company with a period of exclusive ownership during which the Company has the opportunity to recoup risk capital and generate a profit from inventions. The Company’s recent Licensing and Enforcement efforts have focused on a specific family of patents. The Company continues to investigate other potential infringers of its patents and may Innovation Business Prior to 2017, first 2016 one $575.

Note 3 - Summary of Significant

Note 3 - Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Significant Accounting Policies [Text Block]	NOTE 3. Basis of Presentation The accompanying consolidated financial statements of the Company were prepared in accordance with accounting principles generally accepted in the United States (“US GAAP”) and include the assets, liabilities, revenues and expenses of the Company’s wholly-owned subsidiaries over which the Company exercises control. Intercompany transactions and balances were eliminated in consolidation. Use of Estimates The preparation of Consolidated Financial Statements in conformity with US GAAP requires management of the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the 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, and revenue recognition. 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. Cash and Cash Equivalents The Company maintains its cash in bank deposit and money market accounts that, at times, may three Short term Investments The Company classifies its investment consisting of a certificate of deposit with a maturity greater than three one Earnings (Loss) per Share Basic earnings (loss) per share (“EPS”) is computed by dividing net income (loss) applicable to common stock by the weighted-average number of shares of common stock outstanding. 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. As of December 31, 201 7 2016, 201 7 201 6 Common Stock options 4,928,832 4,745,500 Convertible Preferred Stock 14,999,000 14,999,000 Potentially dilutive securities 19,927,832 19,744,500 A reconciliation of basic and diluted EPS is given in the following table: Year ended December 31, 201 7 Net Income (loss) Shares Amount per Share Basic EPS $ (891 ) 20,527,624 $ (0.04 ) No e ffect of Dilutive Securities: anti dilutive -- -- Diluted EPS $ (891 ) 20,527,624 $ (0.04 ) Year ended December 31, 201 6 Basic EPS $ 16,877 20,741,572 $ 0.81 E ffect of Dilutive Securities — 15,231,659 — Diluted EPS $ 16,877 35,973,231 $ 0.47 Revenue Recognition Licensing and Enforcement The Company derives its revenue from patent licensing and enforcement. 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. A significant number of the patent licenses are granted on the entire portfolio rather than individual patents. Most of the intellectual property rights granted are perpetual in nature, extending until the expiration of the related patents, although they can be granted for a defined, relatively short period of time. The Company recognizes licensing and enforcement fees when there is persuasive evidence of a licensing arrangement, fees are fixed or determinable, delivery has occurred and collectability is reasonably assured. Haystack IQ On March 31, 2016, one $575. Custom Innovation Revenu es were recognized as services were performed using the percentage of completion method for fixed price contracts. Revenues were determined by multiplying the estimated margin at completion for each contract by the project’s percentage of completion to date, adding costs incurred to date, and subtracting revenues recognized in prior periods. In applying the percentage-of-completion method to these contracts, the Company measured the extent of progress toward completion as the ratio of costs incurred to date over total estimated costs at completion. As work was performed under contracts, estimates of the costs to complete were regularly reviewed and updated. As changes in estimates of total costs at completion on projects were identified, appropriate earnings adjustments were recorded using the cumulative catch-up method. Provisions for estimated losses on uncompleted contracts were recorded during the period in which such losses become evident. Profit incentives and/or award fees were recorded as revenues when the amounts were both probable and reasonably estimable. Costs Associated with Revenue Licensing and Enforcement Contingent legal and consulting fees are expensed in the Consolidated Statements of Operations in the period that the related revenues are recognized. In instances where there are no no may no Haystack IQ Cost of services was comprised of compensation for Company employees within the software and systems engineering groups in addition to data costs and amortization expenses. The expenses related to hosted software applications were affected by the number of customers who subscribed to our products and the complexity and redundancy of our software applications and hosting infrastructure. The Company expensed these costs as they were incurred. On March 31, 2016, one $575. Custom Innovation Costs represent ed the staff and related other costs associated with any of the services provided. Fair Value Measurements The carrying amounts of cash and cash equivalents, the short term investment, accounts receivable, accounts payable approximate fair value due to the short-term nature of these instruments. Fair value is defined as an exit price, representing the amount that would be received upon the sale of an asset or payment to transfer a liability in an orderly transaction between market participants. Fair value is a market-based measurement that is determined based on assumptions that market participants would use in pricing an asset or liability. A three Level 1. Quoted prices in active markets for identical assets or liabilities. Level 2. Quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not Level 3. Significant unobservable inputs that cannot be corroborated by market data. These valuation techniques involve some level of management estimation and judgment, the degree of which is dependent on the price transparency of the asset, liability or market and the nature of the asset or liability. Investment In cases where the Company ’s investment is less than 20% not The Company elected the fair value option for its investment in The Upside Commerce Group, LLC, formerly known as Flexible Travel Company, LLC (“Upside”). The investment was classified as a Level 3 December 31, 2016 until its disposal in June 2017. On June 2, 2017, 12,650,000 June 2, 2017, $0.06 Upside Warrant”) previously granted to the Company by Jay S. Walker, the controlling stockholder of Walker Digital. The Upside Class A Common Shares were redeemed at $1.43182745 $16.8 no T he fair value of this investment was approximately $14,621 December 31, 2016 ( 6 The following table sets forth a summary of the changes in the fair value of the Company ’s Level 3 For the Years Ended December 31, 201 7 201 6 Beginning balance $ 14,621 $ 672 Change in fair value of Upside Warrant 3,491 18,283 Exercise and sale of Upside Warrant (18,112 ) (4,334 ) Ending balance $ -- $ 14,621 While the Company believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date. The decision to elect the fair value option, which is irrevocable once elected, is determined on an instrument by instrument basis and applied to an entire instrument. The net gains or losses, if any, on an investment for which the fair value option has been elected, are recognized as an unrealized gain on investment in the Consolidated Statements of Operations. Revenue Concentrations The Company considers significant revenue concentrations to be counterparties or customers who account for 10% December 31, 201 7, $300 one December 31, 2016, 93% three one 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 measured on the measurement date and re-measured on each financial reporting date and vesting date 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 and cost of sales in the Consolidated Statements of Operations. Property and Equipment, net Property and equipment consist primarily of computer and network hardware and are stated at cost net of accumulated depreciation and amortization expenses. Leasehold improvements are amortized over the shorter of their estimated useful lives or the remaining term of the lease. Lease amortization is included in depreciation expense. Equipment and software are depreciated on a straight-line basis over two five Deferred Revenue Deferred revenue represents amounts to be recognized in connection with the amortization of the Upside Warrant (See Note 6 Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in operations in the period that includes the enactment date. A valuation allowance is provided when it is more likely than not not ’s income tax returns are recognized in the Consolidated Financial Statements if such positions are more likely than not On December 22, 2017, relates to a significant corporate rate reduction. The Act reduces the corporate tax rate to 21 January 1, 2018. 740, Recent Accounting Pronouncements In May 2014, 2014 09, July 2015, No. 2015 14, December 15, 2017. January 1, 2017. March 2016, No. 2016 08, 2014 09. April 2016, No. 2016 10, May 2016, No. 2016 12, No. 2014 09. 2016 20 606, December 2016, February 2017, No. 2017 - 05, 610.20 No. 2014 09. The Company has completed its analysis of the new revenue standards, which were adopted on January 1, 2018, not ’s Licensing and Enforcement contracts with its customers have a single performance obligation – the transfer of a license to functional intellectual property – and therefore, revenue would be recognized at the point in time when license is transferred. Contract consideration is generally in the form of a fixed, non-refundable, upfront cash payment received shortly after contracts are signed. The Company has decided to adopt the modified retrospective method on January 1, 2018. 2017 not January 1, 2018 not In June 2016, No. 2016 13, Financial Instruments - Credit Losses: Measurement of Credit Losses on Financial Instruments No. 2016 13” 2016 13 No. 2016 13 January 1, 2020. January 1, 2019. In August 2016, No. 2016 15, Classification of Certain Cash Receipts and Cash Payments No. 2016 15” eight December 15, 2017, In October 2016, No. 2016 16, Income Taxes: Intra-Entity Transfers of Assets Other than Inventory No. 2016 16” December 15, 2017. not In November 2016, No. 2016 18, Statement of Cash Flows: Restricted Cash No. 2016 18” December 15, 2017. not In January 2017, 2017 01, Business Combinations (Topic 805 December 15, 2017, In May 2017, 2017 09, —Stock Compensation (Topic 718 1 2 718, 718. December 15, 2017. not In July 2017, 2017 11, per Share (Topic 260 480 815 2017 11 two no no 260 470 20, 260 480 not December 15, 2018. December 15, 2019, December 15, 2020. not not not Subsequent Events Subsequent events have been evaluated through the date of filing.

Note 4 - Prepaid Expenses and O

Note 4 - Prepaid Expenses and Other Current Assets	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Prepaid Expense and Other Assets Disclosure [Text Block]	NOTE 4 . PREPAID EXPENSES AND OTHER CURRENT ASSETS As of December 31, 201 7 2016 201 7 201 6 Prepaid insurance $ 42 $ 61 Prepaid patent costs 3 11 Due from Walker Digital and Upside 1 301 Other prepaid expenses 27 25 Total prepaid expenses and other current assets $ 73 $ 398

Note 5 - Property and Equipment

Note 5 - Property and Equipment	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	NOTE 5 . PROPERTY AND EQUIPMENT As of December 31, 201 7 2016 201 7 201 6 Computer equipment and software $ 9 $ 30 Less: Accumulated Depreciation (1) (9 ) (21 ) Total property and equipment, net $ — $ 9 ( 1 Excludes $213 2016.

Note 6 - Investments

Note 6 - Investments	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Cost-method Investments, Description [Text Block]	NOTE 6 . INVESTMENTS Investment in Tagged The Company received 57,000 $250 $250 April 2017, $244 $6 $250 one Investment in The Upside Commerce Group, LLC The Company entered into a Shared Services Agreement (the “Upside Services Agreement,”) dated as of December 4, 2015, ’s controlling stockholder, regarding the provision of executive management, marketing, innovation, legal and financial consulting services. There are no In connection with the Upside Services Agreement, the Company was granted a warrant to purchase limited liability company interests in Upside at an exercise price of $0.06 December 31, 2015, 37% 16,400,000 16% December 31, 2015. not On November 21, 2016 “November 2,500,000 “November $2.00 not 1933. November $0.06 November November $4.7 The Company entered into a Securities Purchase Agreement dated as of December 5, 2016 ( “December November 1,250,000 $2.00 not 1933. December of the Upside Warrant at a price of $0.06 $2.4 may 12,650,000 11% In connection with the November December $7.1 December 31, 2016. $14.1 December 31, 2016 The fair value of the Upside Warrant at December 31, 2016 $14.6 – 1.93%, 66.0%, 5 $1.16 Valuation of Privately-Held-Company Equity Securities Issues as Compensation. 1.79%, 50%, 5 On June 2, 2017, 12,650,000 June 2, 2017, $0.06 $1.43182745 ’s Audit Committee. Net proceeds from the transaction after giving effect to fees and the exercise price was approximately $16.8 $2,189. no In connection with the issuance of the Upside Warrant, the Company recorded deferred revenue of $6 71 $316 $330 December 31, 2017 2016,

Note 7 - Shared Services Agreem

Note 7 - Shared Services Agreement	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Agreement [Text Block]	NOTE 7 . SHARED SERVICES AGREEMENT Walker Digital Management, LLC The Company has a Shared Services Agreement (“WDM Shared Services Agreement”) with Walker Digital Management, LLC (“WDM”). The cost of such services varies monthly based on the terms of the WDM Shared Services Agreement. The incurred expenses include but are not The following table represents operating expenses contributed by WDM on behalf of the Company and expenses incurred under the WDM Shared Services Agreement for the years ended December 31, 201 7 2016: 201 7 201 6 Compensation Expenses (1) $ 7 $ (27 ) Rent and Utilities 131 174 Office Services and Supplies 17 36 Telephone 4 39 Other 44 74 Total Operating Expenses $ 203 $ 296 ( 1 Compensation expenses are net of services charged to WDM. During the years ended December 31, 201 7 2016, $0 $41 As of December 31, 201 7 2016, $0 $283, $12, $59, December 31, 2017 2016 The Upside Commerce Group, LLC In December 2015, s ended December 31, 2017 2016 $70 $461 $1 $18 December 31, 2017 2016,

Note 8 - Commitments and Contin

Note 8 - Commitments and Contingencies	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE 8 . COMMITMENTS AND CONTINGENCIES Leases The Company ’s corporate headquarters is located at Two High Ridge Park, Stamford, Connecticut. The Company leases space pursuant to the WDM Shared Services Agreement. The lease will expire in September 2018. $103. Litigation The Company is subject to claims, counterclaims and legal actions that arise in the ordinary course of business. The plaintiff in each patent suit may may may no December 31, 2017 2016, not Accrued Bonuses As of December 31, 201 7 2016, $18 $100,

Note 9 - Equity

Note 9 - Equity	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	NOTE 9 . EQUITY The Company has authorized and issued an aggregate of 100,000,000 $0.001 15,000,000 $0.001 14,999,000 December 31, 2017 2016, 21,184,744 21,134,744 20,094,314 20,741,572 14,999,000 Common Stock The holders of our common stock are entitled to one not may pari passu Upon liquidation, dissolution or winding-up of the Company the holders of the common stock and the holders of the Series B Convertible Preferred Stock, based on the number of shares of the Company ’s common stock into which the Series B Convertible Preferred Stock is convertible, are entitled to share ratably in all assets of the Company which are legally available for distribution, after payment of or provision for all actual and potential liabilities and the liquidation preference of any outstanding preferred stock bearing such a preference, of which currently there are none. no Series B Convertible Preferred Stock Holders of the Series B Convertible Preferred Stock are entitled at any time to convert their shares of Series B Convertible Preferred Stock into an equal number of shares of the Company ’s common stock, subject to adjustment in the event of a stock dividend, subdivision or combination of the Company’s common stock. Upon liquidation, dissolution or winding-up of the Company, the holders of our common stock and the holders of the Series B Convertible Preferred Stock, based on the number of shares of the Company’s common stock into which the Series B Convertible Preferred Stock is convertible, are entitled to share ratably in all assets of the Company which are legally available for distribution, after payment of or provision for all actual and potential liabilities and the liquidation preference of any outstanding preferred stock bearing such a preference, of which currently there are none. may pari passu 80.0% may Treasury Shares On November 28, 2016, third $125 $125 six . On May 24, 2017, $125. December 18, 2017, $157,

Note 10 - Stock-based Compensat

Note 10 - Stock-based Compensation	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	NOTE 1 0 – STOCK-BASED COMPENSATION Option Repricing On January 12, 2017, ’s Board of Directors, and Walker Digital, a stockholder entitled to vote 2,358,500 14,999,000 82.3% one February 19, 2017. $1.37 2,743,000 58% $0.43. The impact of the repricing was a one $216, $114 first 2017 $102 Stock-based Compensation Total stock-based compensation to employees and non-employees for the years ended December 31, 201 7 2016 201 7 201 6 Employee Option Awards $ 343 $ 1,771 Non-employee Compensation Expense 1 78 Total Compensation Expense $ 344 $ 1,849 Primarily all of the stock-based compensation incurred in 2017 cluded in Compensation expense in the Consolidated Statement of Operations for the year ended December 31, 2017. 2016, December 31, 2016, $42 $78, Stock-Based Compensation Plans The Company ’s Board of Directors has adopted two 2006 2015 not may not 1,000,000 As of December 31, 201 7, 678,510 Stock Option Awards The following table summarizes the Company ’s stock option award activity: Number of Shares Weighted Average Exercise Price Outstanding at January 1, 2016 4,263,166 $ 3.01 Options Granted 1,160,000 0.33 Options Exercised — — Options Cancelled (372,497 ) 3.22 Options Forfeited (305,169 ) 2.29 Outstanding at December 31, 2016 4,745,500 $ 2.38 Options Granted 640,000 0.39 Options Exercised (50,000 ) 0.42 Options Cancelled /Forfeited (406,668 ) 2.16 Outstanding at December 31, 2017 4,928,832 $ 0.64 Options Vested and Exercisable at December 31, 2017 4,076,155 $ 0.70 The stock option awards are exercisable at various times through 20 20. December 31, 2017, Options Outstanding Options Exercisable Range of Exercise Prices Options Outstanding Weighted Average Remaining Contractual Life in Years Weighted Average Exercise Price Per Share Options Exercisable Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Life $0.00 - 0.50 4,516,332 6.92 $ 0.39 3,663,655 $ 0.40 6.46 $0.51 - 1.00 — — — — — — $1.01 - 1.50 40,000 0.44 1.37 40,000 1.37 0.44 $1.51 - 2.00 -- -- -- -- -- -- $2.01 - 2.50 — — — — — — $2.51 – 3.00 47,500 6.73 2.66 47,500 2.66 6.73 $3.01 – 3.50 125,000 6.41 3.18 125,000 3.18 6.41 $3.51 – 4.00 -- -- -- -- -- -- $4.01 – 4.50 200,000 5.88 4.05 200,000 4.05 5.88 Total 4,928,832 6.81 $ 0.64 4,076,155 $ 0.70 6.37 As of December 31, 2017, $139 2.1 The total fair value of the 400,161 $5.18 December 31, 2017, $187 6.8 not no December 31, 2017 2016 50,000 zero December 31, 2017 2016, Other selected information is as follows: 201 7 201 6 Aggregate intrinsic value of outstanding options at December 31 $ 251 $ 85 Weighted average fair value per share of options granted during year $ 0.09 $ 0.15 Total intrinsic value of options exercised during the year 7 -- The fair value of stock option awards granted is estimated on the date of grant using a Black-Scholes option pricing model. The expected life of the options was calculated using the simplified method, using the average of the contractual term and the vesting period and the Company used historical volatility rates to calculate the expected volatility used to calculate the fair value of options granted. Management monitors stock option exercises and employee termination patterns to estimate forfeiture rates within the valuation model. The expected holding period of options represents the period of time that options granted are expected to be outstanding. The risk-free interest rate for periods within the expected life of the option is based on the interest rate of the U.S. Treasury note in effect on the date of the grant. The table below presents the weighted average assumptions used to calculate the fair value of stock option awards granted during the years ended December 31, 201 7 2016, 201 7 201 6 Risk Free Interest Rate 1.37 – 2.03% 0.74 – 1.49% Expected Volatility 98.9 – 102.2% 91.1% – 91.8% Dividend Yield 0% 0% Expected Life in Years 6.0 6.0 Stock-based Compensation 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 remeasured at each reporting date.

Note 11 - Income Taxes

Note 11 - Income Taxes	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE 1 1 —INCOME TAXES The Company ’s deferred tax assets consisted of the effects of temporary differences attributable to the following: As of December 31, 201 7 201 6 Deferred Tax Asset Net-operating loss carryforward $ 4,350 $ 9,648 Unrealized gain on investment — (5,633 ) Stock-based compensation 1,433 2,532 Others (25 ) (40 ) Total Deferred Tax Assets 5,758 6,507 Valuation Allowance (5,758 ) (6,507 ) Deferred Tax Asset, Net of Allowance $ — $ — As of December 31, 201 7, $10.2, 2033. 1986, change of ownership as defined within Section 382 382 December 31, 2016. not change of ownership as of the year ended December 31, 2016. 2017 not change of ownership , effective through December 31, 2017, not In assessing the realization of deferred tax assets, management considers whether it is more likely than not not not December 31, 201 7 2016. December 31, 2014, 2015 2016, The expected tax expense (benefit) based on the U.S. federal statutory rate is reconciled with actual tax expense (benefit) as follows: For the Years Ended December 31, 201 7 201 6 Statutory Federal Income Tax Rate 34.0 % 34.0 % State Taxes, Net of Federal Tax Benefit (9.4 )% 5.9 % Change in Federal Rate (213.4 )% — Return to Provision (1.4 )% — Change in Valuation Reserve 117.1 % (39.9 )% Permanent items and other 3.2 % — Income Tax Provision (69.9 )% 0.0 % For the Years Ended December 31, 201 7 201 6 Federal Current $ 273 $ — Deferred 1,753 5,660 State Current 93 — Deferred (1,010 ) 1,005 Income Tax Provision (Benefit) 1,109 6,665 Valuation allowance (743 ) (6,665 ) Income Tax Provision (Benefit), net of valuation allowance $ 366 $ — The Company accounts for uncertain tax positions in accordance with the provisions of ASC 740. not not December 31, 201 7 2016, not The Act signed into law in December 2017, not 1 35% 21% 2 minimum tax (AMT) and changing how the credits can be realized and ( 3 4 December 31, 2017. 21%, January 1, 2018. 740, December 22, 2017. After enactment, the SEC issued SAB 118, 118, ative information about the income tax effects of the Act and disclose existing current or deferred tax amounts also effected. Management has reviewed the effect of the new law and the implementation of SAB 118

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The accompanying consolidated financial statements of the Company were prepared in accordance with accounting principles generally accepted in the United States (“US GAAP”) and include the assets, liabilities, revenues and expenses of the Company’s wholly-owned subsidiaries over which the Company exercises control. Intercompany transactions and balances were eliminated in consolidation.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of Consolidated Financial Statements in conformity with US GAAP requires management of the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the 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, and revenue recognition. 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.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents The Company maintains its cash in bank deposit and money market accounts that, at times, may three
Short-term Investments , Policy [Policy Text Block]	Short term Investments The Company classifies its investment consisting of a certificate of deposit with a maturity greater than three one
Earnings Per Share, Policy [Policy Text Block]	Earnings (Loss) per Share Basic earnings (loss) per share (“EPS”) is computed by dividing net income (loss) applicable to common stock by the weighted-average number of shares of common stock outstanding. 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. As of December 31, 201 7 2016, 201 7 201 6 Common Stock options 4,928,832 4,745,500 Convertible Preferred Stock 14,999,000 14,999,000 Potentially dilutive securities 19,927,832 19,744,500 A reconciliation of basic and diluted EPS is given in the following table: Year ended December 31, 201 7 Net Income (loss) Shares Amount per Share Basic EPS $ (891 ) 20,527,624 $ (0.04 ) No e ffect of Dilutive Securities: anti dilutive -- -- Diluted EPS $ (891 ) 20,527,624 $ (0.04 ) Year ended December 31, 201 6 Basic EPS $ 16,877 20,741,572 $ 0.81 E ffect of Dilutive Securities — 15,231,659 — Diluted EPS $ 16,877 35,973,231 $ 0.47
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition Licensing and Enforcement The Company derives its revenue from patent licensing and enforcement. 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. A significant number of the patent licenses are granted on the entire portfolio rather than individual patents. Most of the intellectual property rights granted are perpetual in nature, extending until the expiration of the related patents, although they can be granted for a defined, relatively short period of time. The Company recognizes licensing and enforcement fees when there is persuasive evidence of a licensing arrangement, fees are fixed or determinable, delivery has occurred and collectability is reasonably assured. Haystack IQ On March 31, 2016, one $575. Custom Innovation Revenu es were recognized as services were performed using the percentage of completion method for fixed price contracts. Revenues were determined by multiplying the estimated margin at completion for each contract by the project’s percentage of completion to date, adding costs incurred to date, and subtracting revenues recognized in prior periods. In applying the percentage-of-completion method to these contracts, the Company measured the extent of progress toward completion as the ratio of costs incurred to date over total estimated costs at completion. As work was performed under contracts, estimates of the costs to complete were regularly reviewed and updated. As changes in estimates of total costs at completion on projects were identified, appropriate earnings adjustments were recorded using the cumulative catch-up method. Provisions for estimated losses on uncompleted contracts were recorded during the period in which such losses become evident. Profit incentives and/or award fees were recorded as revenues when the amounts were both probable and reasonably estimable.
Cost of Sales, Policy [Policy Text Block]	Costs Associated with Revenue Licensing and Enforcement Contingent legal and consulting fees are expensed in the Consolidated Statements of Operations in the period that the related revenues are recognized. In instances where there are no no may no Haystack IQ Cost of services was comprised of compensation for Company employees within the software and systems engineering groups in addition to data costs and amortization expenses. The expenses related to hosted software applications were affected by the number of customers who subscribed to our products and the complexity and redundancy of our software applications and hosting infrastructure. The Company expensed these costs as they were incurred. On March 31, 2016, one $575. Custom Innovation Costs represent ed the staff and related other costs associated with any of the services provided.
Fair Value Measurement, Policy [Policy Text Block]	Fair Value Measurements The carrying amounts of cash and cash equivalents, the short term investment, accounts receivable, accounts payable approximate fair value due to the short-term nature of these instruments. Fair value is defined as an exit price, representing the amount that would be received upon the sale of an asset or payment to transfer a liability in an orderly transaction between market participants. Fair value is a market-based measurement that is determined based on assumptions that market participants would use in pricing an asset or liability. A three Level 1. Quoted prices in active markets for identical assets or liabilities. Level 2. Quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not Level 3. Significant unobservable inputs that cannot be corroborated by market data. These valuation techniques involve some level of management estimation and judgment, the degree of which is dependent on the price transparency of the asset, liability or market and the nature of the asset or liability.
Investment, Policy [Policy Text Block]	Investment In cases where the Company ’s investment is less than 20% not The Company elected the fair value option for its investment in The Upside Commerce Group, LLC, formerly known as Flexible Travel Company, LLC (“Upside”). The investment was classified as a Level 3 December 31, 2016 until its disposal in June 2017. On June 2, 2017, 12,650,000 June 2, 2017, $0.06 Upside Warrant”) previously granted to the Company by Jay S. Walker, the controlling stockholder of Walker Digital. The Upside Class A Common Shares were redeemed at $1.43182745 $16.8 no T he fair value of this investment was approximately $14,621 December 31, 2016 ( 6 The following table sets forth a summary of the changes in the fair value of the Company ’s Level 3 For the Years Ended December 31, 201 7 201 6 Beginning balance $ 14,621 $ 672 Change in fair value of Upside Warrant 3,491 18,283 Exercise and sale of Upside Warrant (18,112 ) (4,334 ) Ending balance $ -- $ 14,621 While the Company believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date. The decision to elect the fair value option, which is irrevocable once elected, is determined on an instrument by instrument basis and applied to an entire instrument. The net gains or losses, if any, on an investment for which the fair value option has been elected, are recognized as an unrealized gain on investment in the Consolidated Statements of Operations.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Revenue Concentrations The Company considers significant revenue concentrations to be counterparties or customers who account for 10% December 31, 201 7, $300 one December 31, 2016, 93% three one
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	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 measured on the measurement date and re-measured on each financial reporting date and vesting date 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 and cost of sales in the Consolidated Statements of Operations.
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment, net Property and equipment consist primarily of computer and network hardware and are stated at cost net of accumulated depreciation and amortization expenses. Leasehold improvements are amortized over the shorter of their estimated useful lives or the remaining term of the lease. Lease amortization is included in depreciation expense. Equipment and software are depreciated on a straight-line basis over two five
Revenue Recognition, Deferred Revenue [Policy Text Block]	Deferred Revenue Deferred revenue represents amounts to be recognized in connection with the amortization of the Upside Warrant (See Note 6
Income Tax, Policy [Policy Text Block]	Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in operations in the period that includes the enactment date. A valuation allowance is provided when it is more likely than not not ’s income tax returns are recognized in the Consolidated Financial Statements if such positions are more likely than not On December 22, 2017, relates to a significant corporate rate reduction. The Act reduces the corporate tax rate to 21 January 1, 2018. 740,
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In May 2014, 2014 09, July 2015, No. 2015 14, December 15, 2017. January 1, 2017. March 2016, No. 2016 08, 2014 09. April 2016, No. 2016 10, May 2016, No. 2016 12, No. 2014 09. 2016 20 606, December 2016, February 2017, No. 2017 - 05, 610.20 No. 2014 09. The Company has completed its analysis of the new revenue standards, which were adopted on January 1, 2018, not ’s Licensing and Enforcement contracts with its customers have a single performance obligation – the transfer of a license to functional intellectual property – and therefore, revenue would be recognized at the point in time when license is transferred. Contract consideration is generally in the form of a fixed, non-refundable, upfront cash payment received shortly after contracts are signed. The Company has decided to adopt the modified retrospective method on January 1, 2018. 2017 not January 1, 2018 not In June 2016, No. 2016 13, Financial Instruments - Credit Losses: Measurement of Credit Losses on Financial Instruments No. 2016 13” 2016 13 No. 2016 13 January 1, 2020. January 1, 2019. In August 2016, No. 2016 15, Classification of Certain Cash Receipts and Cash Payments No. 2016 15” eight December 15, 2017, In October 2016, No. 2016 16, Income Taxes: Intra-Entity Transfers of Assets Other than Inventory No. 2016 16” December 15, 2017. not In November 2016, No. 2016 18, Statement of Cash Flows: Restricted Cash No. 2016 18” December 15, 2017. not In January 2017, 2017 01, Business Combinations (Topic 805 December 15, 2017, In May 2017, 2017 09, —Stock Compensation (Topic 718 1 2 718, 718. December 15, 2017. not In July 2017, 2017 11, per Share (Topic 260 480 815 2017 11 two no no 260 470 20, 260 480 not December 15, 2018. December 15, 2019, December 15, 2020. not not not
Subsequent Events, Policy [Policy Text Block]	Subsequent Events Subsequent events have been evaluated through the date of filing.

Note 3 - Summary of Significa20

Note 3 - Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	201 7 201 6 Common Stock options 4,928,832 4,745,500 Convertible Preferred Stock 14,999,000 14,999,000 Potentially dilutive securities 19,927,832 19,744,500
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Year ended December 31, 201 7 Net Income (loss) Shares Amount per Share Basic EPS $ (891 ) 20,527,624 $ (0.04 ) No e ffect of Dilutive Securities: anti dilutive -- -- Diluted EPS $ (891 ) 20,527,624 $ (0.04 ) Year ended December 31, 201 6 Basic EPS $ 16,877 20,741,572 $ 0.81 E ffect of Dilutive Securities — 15,231,659 — Diluted EPS $ 16,877 35,973,231 $ 0.47
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	For the Years Ended December 31, 201 7 201 6 Beginning balance $ 14,621 $ 672 Change in fair value of Upside Warrant 3,491 18,283 Exercise and sale of Upside Warrant (18,112 ) (4,334 ) Ending balance $ -- $ 14,621

Note 4 - Prepaid Expenses and21

Note 4 - Prepaid Expenses and Other Current Assets (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Prepaid Expense and Other Assets [Table Text Block]	201 7 201 6 Prepaid insurance $ 42 $ 61 Prepaid patent costs 3 11 Due from Walker Digital and Upside 1 301 Other prepaid expenses 27 25 Total prepaid expenses and other current assets $ 73 $ 398

Note 5 - Property and Equipme22

Note 5 - Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Property, Plant and Equipment [Table Text Block]	201 7 201 6 Computer equipment and software $ 9 $ 30 Less: Accumulated Depreciation (1) (9 ) (21 ) Total property and equipment, net $ — $ 9

Note 7 - Shared Services Agre23

Note 7 - Shared Services Agreement (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Expenses by Category [Table Text Block]	201 7 201 6 Compensation Expenses (1) $ 7 $ (27 ) Rent and Utilities 131 174 Office Services and Supplies 17 36 Telephone 4 39 Other 44 74 Total Operating Expenses $ 203 $ 296

Note 10 - Stock-based Compens24

Note 10 - Stock-based Compensation (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Share-based Compensation, Activity [Table Text Block]	201 7 201 6 Employee Option Awards $ 343 $ 1,771 Non-employee Compensation Expense 1 78 Total Compensation Expense $ 344 $ 1,849
Share-based Compensation, Stock Options, Activity [Table Text Block]	Number of Shares Weighted Average Exercise Price Outstanding at January 1, 2016 4,263,166 $ 3.01 Options Granted 1,160,000 0.33 Options Exercised — — Options Cancelled (372,497 ) 3.22 Options Forfeited (305,169 ) 2.29 Outstanding at December 31, 2016 4,745,500 $ 2.38 Options Granted 640,000 0.39 Options Exercised (50,000 ) 0.42 Options Cancelled /Forfeited (406,668 ) 2.16 Outstanding at December 31, 2017 4,928,832 $ 0.64 Options Vested and Exercisable at December 31, 2017 4,076,155 $ 0.70
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]	Options Outstanding Options Exercisable Range of Exercise Prices Options Outstanding Weighted Average Remaining Contractual Life in Years Weighted Average Exercise Price Per Share Options Exercisable Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Life $0.00 - 0.50 4,516,332 6.92 $ 0.39 3,663,655 $ 0.40 6.46 $0.51 - 1.00 — — — — — — $1.01 - 1.50 40,000 0.44 1.37 40,000 1.37 0.44 $1.51 - 2.00 -- -- -- -- -- -- $2.01 - 2.50 — — — — — — $2.51 – 3.00 47,500 6.73 2.66 47,500 2.66 6.73 $3.01 – 3.50 125,000 6.41 3.18 125,000 3.18 6.41 $3.51 – 4.00 -- -- -- -- -- -- $4.01 – 4.50 200,000 5.88 4.05 200,000 4.05 5.88 Total 4,928,832 6.81 $ 0.64 4,076,155 $ 0.70 6.37
Schedule of Share-based Payment Award, Stock Options, Other Selected Information [Table Text Block]	201 7 201 6 Aggregate intrinsic value of outstanding options at December 31 $ 251 $ 85 Weighted average fair value per share of options granted during year $ 0.09 $ 0.15 Total intrinsic value of options exercised during the year 7 --
Schedule of Assumptions Used [Table Text Block]	201 7 201 6 Risk Free Interest Rate 1.37 – 2.03% 0.74 – 1.49% Expected Volatility 98.9 – 102.2% 91.1% – 91.8% Dividend Yield 0% 0% Expected Life in Years 6.0 6.0

Note 11 - Income Taxes (Tables)

Note 11 - Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	As of December 31, 201 7 201 6 Deferred Tax Asset Net-operating loss carryforward $ 4,350 $ 9,648 Unrealized gain on investment — (5,633 ) Stock-based compensation 1,433 2,532 Others (25 ) (40 ) Total Deferred Tax Assets 5,758 6,507 Valuation Allowance (5,758 ) (6,507 ) Deferred Tax Asset, Net of Allowance $ — $ —
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	For the Years Ended December 31, 201 7 201 6 Statutory Federal Income Tax Rate 34.0 % 34.0 % State Taxes, Net of Federal Tax Benefit (9.4 )% 5.9 % Change in Federal Rate (213.4 )% — Return to Provision (1.4 )% — Change in Valuation Reserve 117.1 % (39.9 )% Permanent items and other 3.2 % — Income Tax Provision (69.9 )% 0.0 %
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	For the Years Ended December 31, 201 7 201 6 Federal Current $ 273 $ — Deferred 1,753 5,660 State Current 93 — Deferred (1,010 ) 1,005 Income Tax Provision (Benefit) 1,109 6,665 Valuation allowance (743 ) (6,665 ) Income Tax Provision (Benefit), net of valuation allowance $ 366 $ —

Note 1 - The Company (Details T

Note 1 - The Company (Details Textual) - Walker Digital Holdings, LLC [Member]	Dec. 31, 2017
Percentage for Voting Interest	82.00%
Percentage for Economic Ownership Interest	48.00%
Percentage for Economic Ownership Interest, Diluted	42.00%

Note 2 - Business (Details Text

Note 2 - Business (Details Textual) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Restructuring Charges			$ 575
Haystack IQ [Member]
Restructuring Charges	$ 575

Note 3 - Summary of Significa28

Note 3 - Summary of Significant Accounting Policies (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	Jan. 01, 2018	Jun. 02, 2017	Dec. 31, 2017	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Restructuring Charges						$ 575
Investments, Fair Value Disclosure						14,621
Revenues					$ 300	$ 4,278
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			35.00%		34.00%	34.00%
Subsequent Event [Member]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%
Equipment and Software [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life					2 years
Equipment and Software [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life					5 years
Sales Revenue, Net [Member] | Customer Concentration Risk [Member]
Number of Major Customers						3
Sales Revenue, Net [Member] | Customer Concentration Risk [Member] | Three Customers [Member]
Concentration Risk, Percentage						93.00%
Common Class A [Member]
Proceeds from Warrant Exercises		$ 16,800
Common Class A [Member] | Upside [Member]
Stock Redeemed or Called During Period, Shares		12,650,000
Class of Warrant or Right, Exercise Price of Warrants or Rights		$ 0.06
Stock Redeemed or Called, Redemption Price Per Share		$ 1.43182745
Haystack IQ [Member]
Restructuring Charges				$ 575

Note 3 - Summary of Significa29

Note 3 - Summary of Significant Accounting Policies - Financial Instruments Were Not Included in Diluted Loss Per Share Calculation (Details) - shares	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Potentially dilutive securities (in shares)	19,927,832	19,744,500
Employee Stock Option [Member]
Potentially dilutive securities (in shares)	4,928,832	4,745,500
Convertible Equity Securities, Preferred Stock [Member]
Potentially dilutive securities (in shares)	14,999,000	14,999,000

Note 3 - Summary of Significa30

Note 3 - Summary of Significant Accounting Policies - Reconciliation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Income, basic	$ (891)	$ 16,877
Basic EPS (in shares)	20,527,624	20,741,572
Basic EPS, amount per share (in dollars per share)	$ (0.04)	$ 0.81
Effect of Dilutive Securities: (in shares)		15,231,659
Income, diluted	$ (891)	$ 16,877
Diluted EPS (in shares)	20,527,624	35,973,231
Diluted EPS, amount per share (in dollars per share)	$ (0.04)	$ 0.47

Note 3 - Summary of Significa31

Note 3 - Summary of Significant Accounting Policies - Fair Value Liabilities Measured on Recurring Basis (Details) - Fair Value, Inputs, Level 3 [Member] - Upside Warrant [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Beginning balance	$ 14,621	$ 672
Change in fair value of Upside Warrant	3,491	18,283
Exercise and sale of Upside Warrant	(18,112)	(4,334)
Ending balance		$ 14,621

Note 4 - Prepaid Expenses and32

Note 4 - Prepaid Expenses and Other Current Assets - Prepaid Expenses and Other Current Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Prepaid insurance	$ 42	$ 61
Prepaid patent costs	3	11
Due from Walker Digital and Upside	1	301
Other prepaid expenses	27	25
Total prepaid expenses and other current assets	$ 73	$ 398

Note 5 - Property and Equipme33

Note 5 - Property and Equipment (Details Textual) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)
Haystack IQ [Member]
Depreciation	$ 213

Note 5 - Property and Equipme34

Note 5 - Property and Equipment - Property and Equipment, Net (Details) - USD ($) $ in Thousands		Dec. 31, 2017	Dec. 31, 2016
Computer equipment and software		$ 9	$ 30
Less: Accumulated Depreciation (1)	[1]	(9)	(21)
Total property and equipment, net			$ 9
[1]	Excludes $213 of accelerated depreciation recorded in connection with the Haystack IQ restructuring charge in 2016.

Note 6 - Investments (Details T

Note 6 - Investments (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	Jun. 02, 2017	Dec. 05, 2016	Nov. 21, 2016	Apr. 30, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Common Stock, Par or Stated Value Per Share						$ 0.001	$ 0.001
Gain (Loss) on Sale of Equity Investments		$ 2,400	$ 4,700
Gain (Loss) on Sale of Investments	$ 2,189					$ 2,189	$ 7,121
Unrealized Gain (Loss) on Investments							14,103
Investments in Affiliates, Subsidiaries, Associates, and Joint Ventures, Fair Value Disclosure							14,621
Deferred Revenue						671
Other Income [Member]
Deferred Revenue, Revenue Recognized						$ 316	$ 330
Black-Scholes Method [Member] | Investment in Upside [Member]
Fair Value Assumptions, Risk Free Interest Rate							1.93%
Fair Value Assumptions, Expected Volatility Rate							66.00%
Fair Value Assumptions, Expected Term							5 years
Option Pricing Method Backsolve [Member] | Investment in Upside [Member]
Investment Price Per Share							$ 1.16
Option Pricing Method Backsolve [Member] | Underlying Shares of Warrants [Member]
Fair Value Assumptions, Risk Free Interest Rate							1.79%
Fair Value Assumptions, Expected Volatility Rate							50.00%
Fair Value Assumptions, Expected Term							5 years
Upside Warrant [Member] | Black-Scholes Method [Member]
Investments in Affiliates, Subsidiaries, Associates, and Joint Ventures, Fair Value Disclosure							$ 14,600
Common Class A [Member]
Sale of Stock, Number of Shares Issued in Transaction		1,250,000	2,500,000
Sale of Stock, Price Per Share		$ 2	$ 2
Common Stock, Par or Stated Value Per Share		$ 0.06	$ 0.06
Proceeds from Warrant Exercises	$ 16,800
Common Class A [Member] | Upside [Member]
Stock Redeemed or Called During Period, Shares	12,650,000
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 0.06
Stock Redeemed or Called, Redemption Price Per Share	$ 1.43182745
Jay Walker [Member] | Upside [Member]
Limited Liability Company or Limited Partnership, Members or Limited Partners, Ownership Interest								37.00%
The Upside Commerce Group, LLC [Member]
Limited Liability Company or Limited Partnership, Members or Limited Partners, Ownership Interest		11.00%
Number of Shares Agreed to Purchase		12,650,000
Upside Warrant [Member]
Investment Warrants, Exercise Price								$ 0.06
Investment Warrants, Number of Shares Called by Warrants								16,400,000
Investment Warrants, Number of Shares Called by Warrants, Percentage of Investee's Outstanding Interests								16.00%
Tagged, Inc. [Member]
Cost Method Investment, Number of Shares Owned						57,000
Cost Method Investement, Floor Value						$ 250
Proceeds from Sale of Cost Method Investments				$ 244
Tagged, Inc. [Member] | Scenario, Forecast [Member]
Proceeds from Sale of Cost Method Investments					$ 6

Note 7 - Shared Services Agre36

Note 7 - Shared Services Agreement (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Labor and Related Expense	$ 1,722,000	$ 3,793,000
Prepaid Expense and Other Assets, Current	73,000	398,000
Walker Digital Management [Member]
Labor and Related Expense	0	41,000
Due from Related Parties	0	283,000
Due to Related Parties	12,000	59,000
Flexible Travel Company [Member]
Cost of Services	70,000	461,000
Prepaid Expense and Other Assets, Current	$ 1,000	$ 18,000

Note 7 - Shared Services Agre37

Note 7 - Shared Services Agreement - Operating Expenses (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016
Total Operating Expenses		$ 3,445	$ 7,742
Shared Services Agreement [Member]
Compensation expenses	[1]	7	(27)
Rent and Utilities		131	174
Office Services and Supplies		17	36
Telephone		4	39
Other		44	74
Total Operating Expenses		$ 203	$ 296
[1]	Compensation expenses are net of services charged to WDM. During the years ended December 31, 2017 and 2016, the Company charged approximately $0 and $41 of expenses, respectively, related to such services.

Note 8 - Commitments and Cont38

Note 8 - Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Accrued Bonuses, Current	$ 18	$ 100
Corporate Headquarters [Member]
Operating Leases, Annual Rent Expense, Net	$ 103

Note 9 - Equity (Details Textua

Note 9 - Equity (Details Textual) $ / shares in Units, $ in Thousands	Dec. 18, 2017USD ($)	May 24, 2017USD ($)	Nov. 28, 2016USD ($)	Dec. 31, 2017USD ($)$ / sharesshares	Dec. 31, 2016USD ($)$ / sharesshares
Common Stock, Shares Authorized				100,000,000	100,000,000
Common Stock, Par or Stated Value Per Share | $ / shares				$ 0.001	$ 0.001
Preferred Stock, Shares Authorized				15,000,000	15,000,000
Preferred Stock, Par or Stated Value Per Share | $ / shares				$ 0.001	$ 0.001
Common Stock, Shares, Issued				21,184,744	21,134,744
Common Stock, Shares, Outstanding				20,094,314	20,741,572
Common Stock, Votes per Share Owned				1
Preferred Stock with Liquidation Preference, Outstanding				0
Reclassification of Treasury Stock | $	$ (157)	$ (125)		$ 282
Indemnification Rights from Walker Digital [Member]
Litigation Settlement, Amount Awarded from Other Party | $			$ 125
Series B Convertible Preferred Stock [Member]
Preferred Stock, Par or Stated Value Per Share | $ / shares				$ 0.001	$ 0.001
Preferred Stock Shares Designated				14,999,000	14,999,000
Preferred Stock, Shares Issued				14,999,000	14,999,000
Preferred Stock, Voting Percentage				80.00%
Preferred Stock, Shares Outstanding				14,999,000	14,999,000

Note 10 - Stock-based Compens40

Note 10 - Stock-based Compensation (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	Jan. 12, 2017	Mar. 31, 2017	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Common Stock, Shares, Outstanding			20,094,314	20,741,572
Majority Shareholder, Ownership Percentage	82.30%
Share-based Compensation Arrangement by Share-based Payment Award, Options, Threshold of Weighted Average Exercise Price to Trigger Option Repricing	$ 1.37
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number			4,928,832	4,745,500	4,263,166
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	$ 0.43		$ 0.39	$ 0.33
Allocated Share-based Compensation Expense			$ 344	$ 1,849
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized			$ 139
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition			2 years 36 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares			400,161
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value			$ 5,180
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value			$ 187
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Weighted Average Remaining Contractual Term			6 years 292 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period			50,000	0
Long-term Incentive Plans [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized Annually per Individual			1,000,000
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant			678,510
Professional Fees [Member]
Professional and Contract Services Expense				$ 78
Employee Stock Option with One-time Repricing [Member]
Gross Share-based Compensation Expense		$ 216
Allocated Share-based Compensation Expense		114
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options		$ 102
Employee Stock Option [Member]
Allocated Share-based Compensation Expense			$ 343	1,771
Employee Stock Option [Member] | Cost of Sales [Member]
Employee Benefits and Share-based Compensation				$ 42
Exercise Price of $1.37 per Share or Greater [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	2,743,000
Share-based Compensation Arrangement By Share-based Payment Award, Options Outstanding Percentage	58.00%
Series B Convertible Preferred Stock [Member]
Preferred Stock, Shares Outstanding			14,999,000	14,999,000
Majority Shareholder [Member]
Common Stock, Shares, Outstanding	2,358,500
Majority Shareholder [Member] | Series B Convertible Preferred Stock [Member]
Preferred Stock, Shares Outstanding	14,999,000

Note 10 - Stock-based Compens41

Note 10 - Stock-based Compensation - Stock-based Compensation to Employees and Non-employees (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Share Based Compensation	$ 344	$ 1,849
Employee Stock Option [Member]
Share Based Compensation	343	1,771
Non-employee Compensation Expense [Member]
Share Based Compensation	$ 1	$ 78

Note 10 - Stock-based Compens42

Note 10 - Stock-based Compensation - Stock Option Activity (Details) - $ / shares	Jan. 12, 2017	Dec. 31, 2017	Dec. 31, 2016
Outstanding (in shares)		4,745,500	4,263,166
Outstanding, weighted average exercise price (in dollars per share)		$ 2.38	$ 3.01
Options Granted (in shares)		640,000	1,160,000
Options Granted, weighted average exercise price (in dollars per share)	$ 0.43	$ 0.39	$ 0.33
Options Exercised (in shares)		50,000	0
Options Cancelled (in shares)			(372,497)
Options Cancelled, weighted average exercise price (in dollars per share)			$ 3.22
Options Forfeited (in shares)			(305,169)
Options Forfeited, weighted average exercise price (in dollars per share)			$ 2.29
Options Exercised (in shares)		(50,000)	0
Options Exercised, weighted average exercise price (in dollars per share)		$ 0.42
Options Cancelled/Forfeited (in shares)		(406,668)
Options Cancelled/Forfeited, weighted average exercise price (in dollars per share)		$ 2.16
Outstanding (in shares)		4,928,832	4,745,500
Outstanding, weighted average exercise price (in dollars per share)		$ 0.64	$ 2.38
Options Vested and Exercisable (in shares)		4,076,155
Options Vested and Exercisable, weighted average exercise price (in dollars per share)		$ 0.70

Note 10 - Stock-based Compens43

Note 10 - Stock-based Compensation - Exercise Price Ranges of Stock Options (Details)	12 Months Ended
	Dec. 31, 2017$ / sharesshares
Options outstanding (in shares) | shares	4,928,832
Options outstanding, weighted average remaining contractual life (Year)	6 years 295 days
Options outstanding, weighted average exercise price per share (in dollars per share)	$ 0.64
Options exercisable (in shares) | shares	4,076,155
Options exercisable, weighted average exercise price per share (in dollars per share)	$ 0.70
Options exercisable, weighted average remaining contractual life (Year)	6 years 135 days
Exercise Price Range 1 [Member]
Range of exercise prices, minimum (in dollars per share)	$ 0
Range of exercise prices, maximum (in dollars per share)	$ 0.50
Options outstanding (in shares) | shares	4,516,332
Options outstanding, weighted average remaining contractual life (Year)	6 years 335 days
Options outstanding, weighted average exercise price per share (in dollars per share)	$ 0.39
Options exercisable (in shares) | shares	3,663,655
Options exercisable, weighted average exercise price per share (in dollars per share)	$ 0.39
Options exercisable, weighted average remaining contractual life (Year)	6 years 167 days
Exercise Price Range 2 [Member]
Range of exercise prices, minimum (in dollars per share)	$ 0.51
Range of exercise prices, maximum (in dollars per share)	$ 1
Options outstanding (in shares) | shares
Options outstanding, weighted average remaining contractual life (Year)
Options outstanding, weighted average exercise price per share (in dollars per share)
Options exercisable (in shares) | shares
Options exercisable, weighted average exercise price per share (in dollars per share)
Options exercisable, weighted average remaining contractual life (Year)
Exercise Price Range 3 [Member]
Range of exercise prices, minimum (in dollars per share)	$ 1.01
Range of exercise prices, maximum (in dollars per share)	$ 1.50
Options outstanding (in shares) | shares	40,000
Options outstanding, weighted average remaining contractual life (Year)	160 days
Options outstanding, weighted average exercise price per share (in dollars per share)	$ 1.37
Options exercisable (in shares) | shares	40,000
Options exercisable, weighted average exercise price per share (in dollars per share)	$ 1.37
Options exercisable, weighted average remaining contractual life (Year)	160 days
Exercise Price Range 4 [Member]
Range of exercise prices, minimum (in dollars per share)	$ 1.51
Range of exercise prices, maximum (in dollars per share)	$ 2
Options outstanding (in shares) | shares
Options outstanding, weighted average remaining contractual life (Year)
Options outstanding, weighted average exercise price per share (in dollars per share)
Options exercisable (in shares) | shares
Options exercisable, weighted average exercise price per share (in dollars per share)
Options exercisable, weighted average remaining contractual life (Year)
Exercise Price Range 5 [Member]
Range of exercise prices, minimum (in dollars per share)	$ 2.01
Range of exercise prices, maximum (in dollars per share)	$ 2.50
Options outstanding (in shares) | shares
Options outstanding, weighted average remaining contractual life (Year)
Options outstanding, weighted average exercise price per share (in dollars per share)
Options exercisable (in shares) | shares
Options exercisable, weighted average exercise price per share (in dollars per share)
Options exercisable, weighted average remaining contractual life (Year)
Exercise Price Range 6 [Member]
Range of exercise prices, minimum (in dollars per share)	$ 2.51
Range of exercise prices, maximum (in dollars per share)	$ 3
Options outstanding (in shares) | shares	47,500
Options outstanding, weighted average remaining contractual life (Year)	6 years 266 days
Options outstanding, weighted average exercise price per share (in dollars per share)	$ 2.66
Options exercisable (in shares) | shares	47,500
Options exercisable, weighted average exercise price per share (in dollars per share)	$ 2.66
Options exercisable, weighted average remaining contractual life (Year)	6 years 266 days
Exercise Price Range 7 [Member]
Range of exercise prices, minimum (in dollars per share)	$ 3.01
Range of exercise prices, maximum (in dollars per share)	$ 3.50
Options outstanding (in shares) | shares	125,000
Options outstanding, weighted average remaining contractual life (Year)	6 years 149 days
Options outstanding, weighted average exercise price per share (in dollars per share)	$ 3.18
Options exercisable (in shares) | shares	125,000
Options exercisable, weighted average exercise price per share (in dollars per share)	$ 3.18
Options exercisable, weighted average remaining contractual life (Year)	6 years 149 days
Exercise Price Range 8 [Member]
Range of exercise prices, minimum (in dollars per share)	$ 3.51
Range of exercise prices, maximum (in dollars per share)	$ 4
Options outstanding (in shares) | shares
Options outstanding, weighted average remaining contractual life (Year)
Options outstanding, weighted average exercise price per share (in dollars per share)
Options exercisable (in shares) | shares
Options exercisable, weighted average exercise price per share (in dollars per share)
Options exercisable, weighted average remaining contractual life (Year)
Exercise Price Range 9 [Member]
Range of exercise prices, minimum (in dollars per share)	$ 4.01
Range of exercise prices, maximum (in dollars per share)	$ 4.50
Options outstanding (in shares) | shares	200,000
Options outstanding, weighted average remaining contractual life (Year)	5 years 321 days
Options outstanding, weighted average exercise price per share (in dollars per share)	$ 4.05
Options exercisable (in shares) | shares	200,000
Options exercisable, weighted average exercise price per share (in dollars per share)	$ 4.05
Options exercisable, weighted average remaining contractual life (Year)	5 years 321 days

Note 10 - Stock-based Compens44

Note 10 - Stock-based Compensation - Other Selected Information (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Aggregate intrinsic value of outstanding options at December 31	$ 251	$ 85
Weighted average fair value per share of options granted during year (in dollars per share)	$ 0.09	$ 0.15
Total intrinsic value of options exercised during the year	$ 7

Note 10 - Stock-based Compens45

Note 10 - Stock-based Compensation - Weighted Average Assumptions Used to Calculate the Fair Value of Stock Option Awards (Details) - Incentive Plan [Member] - Employee Stock Option [Member]	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Dividend Yield	0.00%	0.00%
Expected Life (Year)	6 years	6 years
Minimum [Member]
Risk Free Interest Rate	1.37%	0.74%
Expected Volatility	98.90%	91.10%
Maximum [Member]
Risk Free Interest Rate	2.03%	1.49%
Expected Volatility	102.20%	91.80%

Note 11 - Income Taxes (Details

Note 11 - Income Taxes (Details Textual) - USD ($) $ in Thousands	Jan. 01, 2018	Dec. 31, 2017	Dec. 31, 2017	Dec. 31, 2016
Operating Loss Carryforwards		$ 10,200	$ 10,200
Operating Loss Carryforward, Expiration Year			2,033
Unrecognized Tax Benefits		$ 0	$ 0	$ 0
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent		35.00%	34.00%	34.00%
Subsequent Event [Member]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%

Note 11 - Income Taxes - Deferr

Note 11 - Income Taxes - Deferred Tax Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Deferred Tax Asset
Net-operating loss carryforward	$ 4,350	$ 9,648
Unrealized gain on investment		(5,633)
Stock-based compensation	1,433	2,532
Others	(25)	(40)
Total Deferred Tax Assets	5,758	6,507
Valuation Allowance	(5,758)	(6,507)
Deferred Tax Asset, Net of Allowance

Note 11 - Income Taxes - Income

Note 11 - Income Taxes - Income Tax Rate Reconciliation (Details)	1 Months Ended	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2017	Dec. 31, 2016
Statutory Federal Income Tax Rate	35.00%	34.00%	34.00%
State Taxes, Net of Federal Tax Benefit		(9.40%)	5.90%
Change in Federal Rate		(213.40%)
Return to Provision		(1.40%)
Change in Valuation Reserve		117.10%	(39.90%)
Permanent items and other		3.20%
Income Tax Provision		(69.90%)	0.00%

Note 11 - Income Taxes - Inco49

Note 11 - Income Taxes - Income Tax Provision (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Federal
Current	$ 273
Deferred	1,753	5,660
State
Current	93
Deferred	(1,010)	1,005
Income Tax Provision (Benefit)	1,109	6,665
Valuation allowance	(743)	(6,665)
Income Tax Provision (Benefit), net of valuation allowance	$ 366