LookSmart 10-K 14 Apr 16 2015 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Mar. 26, 2016	Jun. 30, 2015
Document And Entity Information [Abstract]
Entity Registrant Name	LookSmart Group, Inc.
Entity Central Index Key	1,641,129
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Trading Symbol	LOOK
Entity Common Stock, Shares Outstanding		5,638,726
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,015
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$ 3,496,010

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 207	$ 305
Short-term investments	36	129
Total cash, cash equivalents and short-term investments	243	434
Trade accounts receivable, net	810	255
Prepaid expenses and other current assets	1,007	602
Total current assets	2,060	1,291
Long-term investments	0	0
Property and equipment, net	2,061	3,403
Other assets, net	418	62
Total assets	4,539	$ 4,756
Current liabilities:
Short-term Notes Payable	600
Trade accounts payable	1,479	$ 901
Accrued liabilities	371	398
Deferred revenue and customer deposits	767	$ 1,018
Current portion of capital lease obligations	16
Total current liabilities	3,233	$ 2,317
Long-term debt	$ 1,764
Long-term portion of deferred rent		22
Total liabilities	$ 4,998	$ 2,339
Commitment and contingencies
Stockholders' equity:
Convertible preferred stock, $0.001 par value; Authorized: 5,000 shares; Issued and Outstanding: none at Dec 31, 2015 and December 31 , 2014
Common stock, $0.001 par value; Authorized: 80,000 shares; Issued and Outstanding: 5,769 shares par value 0.001 at December 31, 2015 and 5,769 par value 0.003 at December 31, 2014	$ 6	$ 17
Additional paid-in capital	263,119	262,508
Accumulated other comprehensive loss	(691)	(424)
Accumulated deficit	(262,643)	(259,435)
Treasury stock at cost: 130 shares at both December 31, 2015 and 2014	(249)	(249)
Total stockholders' equity	(458)	2,417
Total liabilities and stockholders' equity	$ 4,539	$ 4,756

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Convertible preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Convertible preferred stock, shares authorized (in shares)	5,000	5,000
Convertible preferred stock, shares issued (in shares)	0	0
Convertible preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.003
Common stock, shares authorized (in shares)	80,000	80,000
Common stock, shares issued (in shares)	5,769	5,769
Common stock, shares outstanding (in shares)	5,769	5,769
Treasury stock (in shares)	130	130

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Statement [Abstract]
Revenue	$ 4,548	$ 4,702
Cost of revenue	2,110	2,441
Gross profit	2,438	2,261
Operating expenses:
Sales and marketing	1,190	1,690
Product development and technical operations	2,516	4,561
General and administrative	1,492	2,561
Restructuring charge	430	30
Total operating expenses	5,628	8,842
Loss from operations	$ (3,190)	(6,581)
Non-operating income (expense), net
Interest income		81
Interest expense	$ (34)	(14)
Other income (expense), net	16	95
Loss from operations before income taxes	$ (3,208)	$ (6,419)
Income tax expense
Net loss	$ (3,208)	$ (6,419)
Net loss per share - Basic and Diluted	$ (0.58)	$ (1.12)
Weighted average shares outstanding used in computing basic and diluted net loss per share	5,639	5,709

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Statement of Comprehensive Income [Abstract]
Net loss	$ (3,208)	$ (6,419)
Other comprehensive income (loss):
Foreign currency translation adjustments	(267)	(177)
Unrealized loss on investments	0	(93)
Change in accumulated other comprehensive loss	(267)	(270)
Comprehensive loss	$ (3,475)	$ (6,689)

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Gain (Loss)	Accumulated Deficit	Treasury Stock	Total
Begining balance, shares at Dec. 31, 2013	5,769				(32)
Begining balance, amount at Dec. 31, 2013	$ 17	$ 262,502	$ (154)	$ (253,016)	$ (74)	$ 9,275
Stock-based compensation		$ 6				6
Treasury stock at cost, shares					(98)
Treasury stock at cost, amount					$ (175)	(175)
Changes in accumulated other comprehensive loss			$ (270)			(270)
Net loss				$ (6,419)		(6,419)
Ending balance, shares at Dec. 31, 2014	5,769				(130)
Ending balance, amount at Dec. 31, 2014	$ 17	$ 262,508	$ (424)	$ (259,435)	$ (249)	$ 2,417
Restructure and re-domicile, shares
Restructure and re-domicile, amount	$ (11)	11
Addition capital contribution		$ 600				$ 600
Stock-based compensation
Changes in accumulated other comprehensive loss			$ (267)			(267)
Net loss				$ (3,208)		(3,208)
Ending balance, shares at Dec. 31, 2015	5,769				(130)
Ending balance, amount at Dec. 31, 2015	$ 6	$ 263,119	$ (691)	$ (262,643)	$ (249)	$ (458)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net loss	$ (3,208)	$ (6,419)
Adjustment to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	$ 1,095	1,316
Provision for doubtful accounts		55
Share-based compensation		6
Other non-cash charges		210
Deferred rent	$ (8)	(164)
Deferred lease incentive		77
Restructuring charge	$ (35)	30
Changes in operating assets and liabilities:
Trade accounts receivable	(555)	296
Prepaid expenses and other current assets	$ (340)	423
Other current assets
Trade accounts payable	$ 578	132
Accrued liabilities	(27)	(37)
Deferred revenue and customer deposits	(251)	16
Net cash used in operating activities	$ (2,751)	(4,059)
Cash flows from investing activities:
Purchase of investments		(76)
Proceeds from sale of investments	$ 66	$ 3,202
Proceeds from sale of equipment
Payments for property and equipment		$ (1,026)
Purchase of intangible assets	$ (356)
Net cash provided by investing activities	$ (290)	$ 2,100
Cash flows from financing activities:
Principal payments of capital lease obligations		$ (173)
Proceeds from short-term debt	$ 572
Proceeds from additional paid-in capital	600
Proceeds from long-term debt	$ 1,764
Payments for repurchase of common stock		$ (175)
Net cash used in financing activities	$ 2,936	(348)
Effect of exchange rate changes on cash and cash equivalents	7	(177)
Decrease in cash and cash equivalents	(98)	(2,484)
Cash and cash equivalents, beginning of period	305	2,789
Cash and cash equivalents, end of period	207	305
Supplemental disclosure of cash flow information:
Interest paid	$ 1	$ 14
Income taxes paid
Supplemental disclosure of noncash activities:
Assets acquired through capital lease obligations		$ 164
Change in unrealized gain (loss) on investments		$ (93)

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	1. Summary of Significant Accounting Policies Nature of Business LookSmart Group, Inc. (“LookSmart” or the “Company”) is a digital advertising solutions company that provides relevant solutions for search and display advertising customers. LookSmart was organized in 1996 and is incorporated in the State of Delaware. LookSmart operates in a large online advertising ecosystem serving ads that target user queries on partner sites. LookSmart offers search advertising customers targeted search via a monitored search advertising distribution network using the Company’s “AdCenter” platform technology. The Company’s search advertising network includes publishers and search advertising customers, including intermediaries and direct advertising customers and their agencies as well as self-service customers in the United States and certain other countries. LookSmart also offers advertisers the ability to buy graphical display advertising. LookSmart’s trading desk personnel utilize DSP technology and licensed data from third party providers to buy targeted advertising on a real-time bidded basis. By leveraging our extensive historical search marketing network data along with performance data from a conversion pixel, LookSmart constructs models of the highest performing audiences, and targets them via exchange inventory. LookSmart offers its trading desk as a managed service. In addition, Looksmart, under its “Clickable” and “Syncapse” brands, allows customers to manage paid, owned and earned media by providing a suite of solutions for social media marketers that include publishing, monitoring, data storage, compliance, management, ad placement and analytics. Further, LookSmart offers publishers licensed private-label search advertiser network solutions based on its AdCenter platform technology (“Publisher Solutions”). Publisher Solutions consist of hosted auction-based ad serving with an ad backfill capability that allows publishers and portals to manage their advertiser relationships, distribution channels and accounts. Lastly, in the fourth quarter of 2013 the Company began to make available a LookSmart-branded search engine. For parties submitting search queries, the Company offers free-of-charge search results ranked and presented based on proprietary algorithms. While early in its evolution, part of the Company's current search engine monetization strategy is to generate sponsored search results as a part of overall search results and provide links to paying advertisers’ websites. Our largest category of customers is Intermediaries, the majority of which sell into the affiliate networks of the large search engine providers. Another category of customers is Direct Advertisers and their agencies whose objective is to obtain conversions or sales from the clicks, while others want unique page views. The last category of customers is Self-Service advertisers that sign-up online and pay by credit card. In 2013, the Company made the decision to decrease the amount of revenue that it received from Intermediaries compared to 2012. Current Management believes that this decision is in the best interests of the Company on a go-forward basis. Decreasing Intermediary revenue represented a continued trend from 2012 and was the primary driver of the Company's overall 2013 revenue decreases. The Company believes its revenue trends are tied to market-wide changes in the search ecosystem that have had a severe impact on Intermediary business models and consequently the business Intermediaries conduct with us. In both 2013 and 2012, we ceased business with a number of Intermediaries. Intermediaries continue as our largest category of customer. In September 2013, LookSmart purchased the Syncapse Technology Assets for $3 million from MNP Ltd., a Receiver appointed by Ontario Superior Court of Justice under the Appointment Order. Upon the completion of this transaction, the Company acquired a social media platform that allows enterprise customers the ability to publish, monitor and analyze their social media presence on paid, owned and earned media. The Company has begun to work with large international brands to assist them in creating, maintaining and analyzing their social media presence online. As a result of the Syncapse asset purchase, the Company is expanding its offerings to our current customer base. Our expanded offering allows LookSmart’s traditional customers the ability to manage ad spend in both search and social platforms. The Company intends to partner with social media companies such as Facebook, Twitter, Pinterest and YouTube, as well as others, to offer customers the ability to maximize their ad spend in all relevant ad categories. In November of 2013, LookSmart acquired an approximate 10,000 square foot Data Center facility in Phoenix, Arizona. This facility will allow the Company to consolidate its data needs in a company-owned Data Center, as well as expand its cloud based offerings to our customers. Looksmart is in the process of consolidating its cloud services in its newly occupied wholly owned secure Data Center. In addition, LookSmart offers publishers licensed private-label search advertiser network solutions based on its AdCenter platform technology (“Publisher Solutions”). Publisher Solutions consist of hosted auction-based ad serving with an ad backfill capability that allows publishers and portals to manage their advertiser relationships, distribution channels and accounts. Principles of Consolidation The Consolidated Financial Statements include the accounts of the Company and its Subsidiaries. All significant inter-company balances and transactions have been eliminated in consolidation. Use of Estimates and Assumptions The Consolidated Financial Statements have been prepared in conformity with accounting principles generally accepted in the United States (“GAAP”). This requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, revenue, expenses, and contingent assets and liabilities during the reporting period. The Company bases its estimates on various factors and information which may include, but are not limited to, history and prior experience, experience of other enterprises in the same industry, new related events, and current economic conditions and information from third party professionals that is believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ from those estimates. Investments The Company invests its excess cash primarily in debt instruments of high-quality corporate and government issuers. All highly liquid instruments with maturities at the date of purchase greater than ninety days are considered investments. All instruments with maturities greater than one year from the balance sheet date are considered long-term investments unless management intends to liquidate such securities in the current operating cycle. Such securities are classified as short-term investments. These securities are classified as available-for-sale and carried at fair value. Changes in the value of these investments are primarily related to changes in interest rates and are considered to be temporary in nature. Except for declines in fair value that are not considered temporary, net unrealized gains or losses on these investments are reported in the Consolidated Statements of Comprehensive Loss. The Company recognizes realized gains and losses upon sale of investments using the specific identification method. Fair Value of Financial Instruments The Company’s estimate of fair value for assets and liabilities is based on a framework that establishes a hierarchy of the inputs used in valuation and gives the highest priority to quoted prices in active markets and requires that observable inputs be used in the valuations when available. The disclosure of fair value estimates is based on whether the significant inputs into the valuation are observable. In determining the level of the hierarchy in which the estimate is disclosed, the highest priority is given to unadjusted quoted prices in active markets and the lowest priority to unobservable inputs that reflect our significant market assumptions. The three levels of the hierarchy are as follows: Level 1: Unadjusted quoted market prices for identical assets or liabilities in active markets that we have the ability to access. Level 2: Quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets in inactive markets; or valuations based on models where the significant inputs are observable (e.g., interest rates, yield curves, default rates, etc.) or can be corroborated by observable market data. Level 3: Valuations based on models where significant inputs are not observable. The unobservable inputs reflect our assumptions about the assumptions that market participants would use. Revenue Recognition Our online search advertising revenue is composed of per-click fees that we charge customers and profit sharing arrangements we enter with Intermediaries. The per-click fee charged for keyword-targeted listings is calculated based on the results of online bidding for keywords or page content, up to a maximum cost per keyword or page content set by the customer. The Company has profit-sharing agreements with several customers that call for the sharing of profits and losses. Profit sharing arrangements are governed by contractual agreements. Revenue from these profit-sharing agreements is reported net of the customer’s share of profit. Revenue also includes revenue share from licensing of private-labeled versions of our AdCenter Platform. Revenues associated with online advertising products, including Advertiser Networks, are generally recognized once collectability is established, delivery of services has occurred, all performance obligations have been satisfied, and no refund obligations exist. We pay distribution network partners based on clicks on the advertiser’s ad that are displayed on the websites of these distribution network partners. These payments are called TAC and are included in cost of revenue. The revenue derived from these arrangements that involve traffic supplied by distribution network partners is reported gross of the payment to the distribution network partners. This revenue is reported gross due to the fact that we are the primary obligor to the advertisers who are the customers of the advertising service. We also enter into agreements to provide private-labeled versions of our products, including licenses to the AdCenter platform technology. These license arrangements may include some or all of the following elements: revenue-sharing based on the publisher’s customer’s monthly revenue generated through the AdCenter application; upfront fees; minimum monthly fees; and other license fees. We recognize upfront fees over the term of the arrangement or the expected period of performance, other license fees over the term of the license, and revenue-sharing portions over the period in which such revenue is earned. In all cases, revenue is recognized only when the price is fixed or determinable, persuasive evidence of an arrangement exists, the service is performed, and collectability of the resulting receivable is reasonably assured. We provide a provision against revenue for estimated reductions resulting from billing adjustments and customer refunds. The amounts of these provisions are evaluated periodically based upon customer experience and historical trends. The allowance included in trade receivables, net is insignificant at both December 31, 2015 and 2014, respectively. Deferred revenue is recorded when payments are received in advance of performance in underlying agreements. Customer deposits are recorded when customers make prepayments for online advertising. The Company evaluates individual arrangements with customers to make a determination under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 605-45 Revenue Recognition Allowance for Doubtful Accounts The Company maintains an allowance for doubtful accounts for estimated losses resulting from customers failing to make required payments. This valuation allowance is reviewed on a periodic basis. The review is based on factors including the application of historical collection rates to current receivables and economic conditions. Additional allowances for doubtful accounts are considered and recorded if there is deterioration in past due balances, if economic conditions are less favorable than the Company anticipated or for customer-specific circumstances, such as bankruptcy. The allowance for doubtful accounts included in trade accounts receivable, net is $ .84 million for each of the years ended December 31, 2015 and 2014. Bad debt expense included in general and administrative expense is insignificant and $0 and $ .12 million for the years ended December 31, 2015 and 2014, respectively. Concentrations, Credit Risk and Credit Risk Evaluation Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents, investments, and accounts receivable. As of December 31, 2015 and 2014, the Company placed its cash equivalents and investments primarily through one financial institution, City National Bank (“CNB”), and mitigated the concentration of credit risk by placing percentage limits on the maximum portion of the investment portfolio which may be invested in any one investment instrument. The Company also invests in fully collateralized funds with maturities of less than two years. These amounts exceed federally insured limits at December 31, 2015 and 2014. The Company has not experienced any credit losses on these cash equivalents and investment accounts and does not believe it is exposed to any significant credit risk on these funds. The fair value of these accounts is subject to fluctuation based on market prices. Credit Risk, Customer and Vendor Evaluation Accounts receivable are typically unsecured and are derived from sales to customers. The Company performs ongoing credit evaluations of its customers and maintains allowances for estimated credit losses. The Company applies judgment as to its ability to collect outstanding receivables based primarily on management’s evaluation of the customer’s financial condition and past collection history and records a specific allowance. In addition, the Company records an allowance based on the length of time the receivables are past due. Historically, such losses have been within management’s expectations. The following table reflects customers that accounted for more than 10% of net accounts receivable: Revenue and Cost Concentrations The following table reflects the concentration of revenue by geographic locations that accounted for more than 10% of net revenue: Year Ended December 31, 2015 2014 Company 1 13 % 17 % Company 2 12 % 9 % Company 3 11 % 8 % Company 4 10 % 7 % Company 5 ** ** Company 6 ** ** Company 7 ** ** ** Less than 10% Year Ended December 31, 2015 2014 United States 94 % 93 % Europe, Middle East and Africa ** ** ** Less than 10% LookSmart derives its revenue from two service offerings, or “products”: Advertiser Networks and Publisher Solutions. The percentage distributions between the two service offerings are as follows: Year Ended December 31 2015 2014 Advertiser Networks 100 % 91 % Publisher Solutions 0 % 9 % The following table reflects the percentage of revenue attributed to customers who accounted for 10% or more of net revenue, all of which are Intermediaries: Year Ended December 31, 2015 2014 Company 1 12 % 12 % Company 2 11 % Company 3 ** The Company derives its revenue primarily from its relationships with significant distribution network partners. The following table reflects the distribution partners that accounted for more than 10% of the total TAC: Year Ended December 31, 2015 2014 Distribution Partner 1 15 % 20 % Distribution Partner 2 10 % 15 % Distribution Partner 3 10 % 11 % Distribution Partner 4 ** ** ** Less than 10% Property and Equipment Property and equipment are stated at cost, except when an impairment analysis requires use of fair value, and depreciated using the straight-line method over the estimated useful lives of the assets as follows: Computer equipment 3 to 4 years Furniture and fixtures 5 to 7 years Software 2 to 3 years Building Improvements 10 years Building 39 years Leasehold improvements are amortized on a straight-line basis over the shorter of their estimated useful lives or the lease term. When assets are retired or otherwise disposed of, the cost and accumulated depreciation and amortization are removed from their respective accounts, and any gain or loss on such sale or disposal is reflected in operating expenses. Maintenance and repairs are charged to expense as incurred. Expenditures that substantially increase an asset’s useful life are capitalized. In the fourth quarter of 2013, the Company acquired a 10,000 square foot Data Center facility in Phoenix, Arizona. This facility will allow the Company to consolidate its data needs in a company-owned Data Center, as well as expand its cloud-based offerings to our customers. Internal Use Software Development Costs The Company capitalizes external direct costs of materials and services consumed in developing and obtaining internal-use computer software and the payroll and payroll-related costs for employees who are directly associated with and who devote time to developing the internal-use computer software. These costs are capitalized after certain milestones have been achieved and generally amortized over a three year period once the project is placed in service. Management exercises judgment in determining when costs related to a project may be capitalized, in assessing the ongoing value of the capitalized costs, and in determining the amortization period for the capitalized costs, which is generally three years. The Company expects to continue to invest in internally developed software, although no such costs were capitalized in 2013. Restructuring Charges In 2015, the Predecessor completed the transaction with Pyxis on October 28 th In 2012, the Company entered into an agreement to sublease its office space in San Francisco under terms generally equivalent to its existing commitment. Restructuring costs associated with the sub-lease of the San Francisco office, totaling $0.04 in the year ended 2014 are being amortized over the remaining term of the underlying lease which ended in 2014. Impairment of Long-Lived Assets The Company reviews long-lived assets held or used in operations, including property and equipment and internally developed software, for impairment in accordance with ASC 360-10 “ Impairment and Disposal of Long-Lived Assets The Company reviews assets for evidence of impairment annually at year end and whenever events or changes in circumstances indicate the carrying values may not be recoverable. The impairment review requires the Company to make significant estimates about its future performance and cash flows, as well as other assumptions. These estimates can be affected by numerous factors, including changes in economic, industry or market conditions, changes in business operations and changes in competition. The fair value of the long-lived assets was derived based on Level 3 inputs, which are based on significant inputs that are not observable. The fair value of the capitalized software long-lived assets was determined using an income approach, based on expected future cash flows and market considerations. The fair value of the computer equipment, furniture and fixtures, software and leasehold improvements long-lived assets was determined using a market approach, based on comparable fair values of similar assets. Traffic Acquisition Costs The Company enters into agreements of varying durations with its distribution network partners that display the Company’s listings ads on their sites in return for a percentage of the revenue-per-click that the Company receives when the ads are clicked on those partners’ sites. The Company also enters into agreements of varying durations with third party affiliates. These affiliate agreements provide for variable payments based on a percentage of the Company’s revenue or based on a certain metric, such as number of searches or paid clicks. TAC expense is recorded in cost of revenue. Share-Based Compensation The Company recognizes share-based compensation costs for all share-based payment transactions with employees, including grants of employee stock options, restricted stock awards, and employee stock purchases related to the Employee Stock Purchase Plan, over the requisite service period based on their relative fair values. We estimate the fair value of each option award on the date of grant using the Black-Scholes option valuation model. Our assumptions about stock-price volatility are based on the actual volatility of our publicly traded stock. The risk-free interest rate for periods within the contractual life of the award is based on the U.S. Treasury yield curve in effect at the time of the grant. We estimate the expected term based upon the historical exercise activity. The value of the portion of the award that is ultimately expected to vest is recognized as expense in the Company’s Consolidated Statements of Operations over the requisite service periods. Share-based compensation expense recognized for the years ended December 31, 2015 and 2014 was $0.04 million and $0.2 million, respectively, which was related to stock grants, options and employee stock purchases. Forfeitures are estimated at the time of grant in order to estimate the amount of share-based awards that will ultimately vest. The forfeiture rate is determined at the end of each fiscal quarter, based on historical rates. The Company elected to adopt the alternative transition method for calculating the tax effects of share-based compensation to establish the beginning balance of the additional paid-in capital pool (“APIC pool”) related to the tax effects of employee share-based compensation, and to determine the subsequent impact on the APIC pool and Consolidated Statements of Cash Flows of the tax effects of employee share-based compensation awards. Advertising Costs Advertising costs are charged to sales and marketing expenses as incurred and were insignificant in both years ended December 31, 2015 and 2014. Product Development Costs Research of new product ideas and enhancements to existing products are charged to expense as incurred. Income Taxes The Company accounts for income taxes using the liability method. Under the liability method, deferred tax liabilities and assets are determined based on the difference between the financial statement and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. Valuation allowances are established when necessary to reduce deferred tax assets to the amounts expected to be realized. The Company records liabilities, where appropriate, for all uncertain income tax positions. The Company recognizes potential accrued interest and penalties related to unrecognized tax benefits within operations as income tax expense. Comprehensive Loss Other comprehensive loss as of December 31, 2015 and 2014 consists of unrealized gains and losses on marketable securities categorized as available-for-sale and foreign currency translation adjustments. Net Loss per Common Share Basic net loss per share is calculated using the weighted average shares of common stock outstanding, excluding treasury stock. Diluted net loss per share is calculated using the weighted average number of common and potentially dilutive common shares outstanding, excluding treasury stock, during the period, using the treasury stock method for stock options. As a result of the Company’s net loss position at December 31, 2015 and 2014, there is no dilution. Segment Information The Company has one operating segment, online advertising. While the Company operates under one operating segment, management reviews revenue under two product offerings—Advertiser Networks and Publisher Solutions. As of December 31, 2015 and 2014, all of the Company’s accounts receivable, intangible assets, and deferred revenue are related to the online advertising segment. All long-lived assets are located in the United States and Canada. Recent Accounting Pronouncements The FASB has issued Accounting Standards Update (“ASU”) No. 2015-01 about Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items. The objective is to reduce the cost and complexity of income statement presentation by eliminating the concept of extraordinary items while maintaining or improving the usefulness of the information provided to the users of financial statements. The extraordinary items must met two criteria’s: unusual nature and infrequency of occurrence. If an event or transaction meets the criteria for extraordinary classification, an entity is required to segregate the extraordinary item from the results of ordinary operations and show the item separately in the income statement, net of tax, after income from continuing operations. The entity also is required todisclose applicable income taxes. This amendment will be effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2015. The board decided to permit early adoption provided that the guidance is applied from the beginning of the fiscal year of adoption. The FASB has issued ASU No. 2015-03 about Simplifying the Presentation of Debt Issuance Costs. The objective is to require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this Update. For public business entities, the amendments in this Update are effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal year. For all other entities, the amendments in this Update are effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within fiscal years beginning after December 15, 2016. Early adoption of the amendments in the Update is permitted for financial statements that have not been previously issued. The FASB has issued ASU No. 2015-05 about Intangibles-Goodwill and Other-Internal-Use Software. The objective is to provide a guidance about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, then the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. The amendment will not change GAAP for a customer’s accounting for service contracts. In addition, the guidance in this Update supersedes paragraph 350-40-25-16. Consequently, all software licenses within the scope of Subtopic 350-40 will be accounted for consistent with other licenses of intangible assets. For public business entities, the Board decided that the amendments will be effective for annual periods, including interim periods within those annual periods, beginning after December 15, 2015. For all other entities, the amendment will be effective for annual periods beginning after December 15, 2015, and interim periods in annual periods beginning after December 15, 2016. Early adoption is permitted for all entities. The FASB has issued ASU No. 2015-06 about Topic 260, Earnings Per Share, which contains guidance that addresses master limited partnerships that originated from Emerging Issues Task Force (EITF) Issue No. 07-4. This amendment in this Update specify that for purposes of calculating historical earnings per unit under the two-class method, the earnings (losses) of a transferred business before the date of a dropdown transaction should be allocated entirely to the general partner. In that circumstance, the previously reported earnings per unit of the limited partners (which is typically the earnings per unit measure presented in the financial statements) would not change as a result of the dropdown transaction. Qualitative disclosures about how the rights to the earnings (losses) differ before and after the dropdown transaction occurs for purposes of computing earnings per unit under the two-class method also are required. The amendments in this Update are effective for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. Earlier application is permitted. The FASB has issued ASU No. 2015-07 about Topic 820, Fair Value Measurement, which permits a reporting entity, as a practical expedient, to measure the fair value of certain investments using the net asset value per share of the investment. The amendments in this Update remove the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient. The amendments also remove the requirement to make certain disclosures for all investments that are eligible to be measured at fair value using the net asset value per share practical expedient. Rather, those disclosures are limited to investments for which the entity has elected to measure the fair value using that practical expedient. The amendments in this Update apply to reporting entities that elect to measure the fair value of an investment within the related scope by using the net asset value per share (or its equivalent) practical expedient. The FASB has issued No. 2015-10 “Technical Corrections and Improvements”, which aims to address feedback received from stakeholders on the Codification and make improvements to GAAP. The amendments in this update represent changes to clarify the Codification, correct unintended application of guidance, or make minor improvements to the Codification that are not expected to have a significant effect on current accounting practice or create a significant administrative cost to most entities. Some of the amendments will make the Codification easier to understand and apply by eliminating inconsistencies, providing needed clarifications, and improving the presentation of guidance in the Codification. The amendments in this update will apply to all reporting entities within the scope of the affected accounting guidance. The amendments in this update are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted. The FASB has issued No. 2015-11“Topic 330, Inventory”, which aims to simplify the measurement of inventory by changing the subsequent measurement guidance from the lower of cost or market to the lower of cost and net realizable value for inventory within the scope of this Update. The amendments in this update do not apply to inventory that is measured using last-in, first-out (LIFO) or the retail inventory method. The amendments apply to all other inventory, which includes inventory that is measured using first-in, first-out (FIFO) or average cost. An entity should measure inventory within the scope of this Update at the lower of cost and net realizable value. Subsequent measurement is unchanged for inventory measured using LIFO or the retail inventory method. For public business entities, the amendments in this update are effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. For all other entities, the amendments in this update are effective for fiscal years beginning after December 15, 2016, and interim periods within fiscal years beginning after December 15, 2017. The FASB has issued No. 2015-14“Topic 606, Revenue from Contracts with Customers”, which aims to respond to stakeholders’ requests to defer the effective date of the guidance in Update 2014-09 and to consider feedback received through extensive outreach with preparers, practitio

Cash and Available for Sale Sec

Cash and Available for Sale Securities	12 Months Ended
	Dec. 31, 2015
Cash and Available for Sale Securities [Abstract]
Cash and Available for Sale Securities	2. Cash and Available for Sale Securities The following table summarizes the Company’s cash and available-for-sale securities’ amortized cost and estimated fair value by significant investment category as of December 31, 2015 and 2014 ( in thousands): Amortized Cost and Estimated Fair Value December 31, December 31, 2015 2014 Cash and cash equivalents: Cash $ 207 $ 304 Cash equivalents Money market mutual funds - 1 Commercial paper - - Total cash equivalents - 1 Total cash and cash equivalents 207 305 Short-term investments: Corporate bonds - - Certificates of deposit - 123 Commercial paper 29 - Other commodities 7 6 Collateralized debt obligations - - Total short-term investments 36 129 Long-term investments: Certificates of deposit - - Total long-term investments - - Total cash, and cash equivalents, short-term and long-term investments $ 243 $ 434 Realized gains and realized losses were not significant for either of the years ended December 31, 2015 or 2014. As of December 31, 2015, there were no significant unrealized losses on investments. The cost of all securities sold is based on the specific identification method. The contractual maturities of cash equivalents and short-term investments at December 31, 2015 and 2014 were less than one year. There were no long-term investments at December 31, 2015. The Company typically invests in highly-rated securities, and its policy generally limits the amount of credit exposure to any one issuer. When evaluating the investments for other-than-temporary impairment, the Company reviews such factors as the length of time and extent to which fair value has been below cost basis, the financial condition of the issuer, and the Company’s intent to sell, or whether it is more likely than not it will be required to sell the investment before recovery of the investment’s amortized cost basis. During the years ended December 31, 2015 and 2014, the Company did not recognize any impairment charges on outstanding investments. As of December 31, 2015, the Company does not consider any of its investments to be other-than-temporarily impaired.

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property and Equipment	3. Property and Equipment Property and equipment consisted of the following at December 31, 2015 and 2014 (in thousands) December 31, 2015 December 31, 2014 Cost Accumulated Net Cost Accumulated Net Book Computer equipment $ 1,082 $ (829 ) $ 253 $ 1,108 $ (602 ) $ 246 $ 506 Furniture and fixtures 22 (7 ) 15 22 (4 ) 20 18 Software 2,294 (1,714 ) 580 2,733 (1,137 ) 2,716 1,596 Building and Leasehold improvements 541 (90 ) 451 541 (36 ) 55 505 Land and Buildings 797 (35 ) 762 797 (19 ) 794 778 Total $ 4,736 $ (2,675 ) $ 2,061 $ 5,201 $ (1,798 ) $ 3,403 Depreciation expense on property and equipment for the years ended December 31, 2015 and 2014, including cost of property and equipment under capital lease, was $0.9 million and $1.4 million, respectively, and is recorded in operating expenses.

Capitalized Software and Other

Capitalized Software and Other Assets	12 Months Ended
	Dec. 31, 2015
Other Assets [Abstract]
Capitalized Software and Other Assets	4. Capitalized Software and Other Assets The Company’s capitalized software and other assets are as follows at December 31, 2015 and 2014 (in thousands) December 31, 2015 December 31, 2014 Gross Amount Accumulated Amortization Net Book Value Gross Amount Accumulated Amortization Net Book Value Other assets 418 - 418 62 - 62 Total $ 418 $ - $ 418 $ 62 $ - $ 62 Capitalized software consists of external direct costs of materials and services consumed in developing and obtaining internal-use computer software and the payroll and payroll-related costs for employees who are directly associated with and who devote time to developing the internal-use computer software and is amortized over three years. Amortization expense was zero for both years ended December 31, 2015 and 2014.

Accrued Liabilities

Accrued Liabilities	12 Months Ended
	Dec. 31, 2015
Payables and Accruals [Abstract]
Accrued Liabilities	5. Accrued Liabilities Accrued liabilities consisted of the following as of December 31, 2015 and 2014 (in thousands) December 31, December 31, 2015 2014 Accrued distribution and partner costs $ 5 $ 89 Accrued compensation and related expenses 91 102 Accrued professional service fees 68 117 Other 207 3 Capital lease obligation (Note 7) - 87 Total accrued liabilities $ 371 $ 398

Restructuring Charges

Restructuring Charges	12 Months Ended
	Dec. 31, 2015
Restructuring and Related Activities [Abstract]
Restructuring Charges	6. Restructuring Charges In 2015, the Predecessor completed the transaction with Pyxis on October 28 th In 2012, the Company entered into an agreement to sublease its office space in San Francisco under terms generally equivalent to its existing commitment. Restructuring costs associated with the sub-lease of the San Francisco office, totaling $0.04 in the year ended 2014 are being amortized over the remaining term of the underlying lease which ended in 2014.

Capital Lease and Other Obligat

Capital Lease and Other Obligations	12 Months Ended
	Dec. 31, 2015
Leases, Capital [Abstract]
Capital Lease and Other Obligations	7. Capital Lease and Other Obligations Capital lease and other obligations consist of the following at December 31, 2015 and 2014 (in thousands) December 31, December 31, 2015 2014 Capital lease obligations $ 16 $ 87 Deferred rent 14 22 Notes Payable 1,750 - Total capital lease and other obligations 1,780 109 Less: current portion of capital lease obligations (16 ) (87 ) Capital lease and other obligations, net of current portion $ 1,764 $ 22 Refer to Note 9 for future minimum payment details. Capital Lease Obligations City National Bank We have an outstanding standby letter of credit (“SBLC”) issued by City National Bank (“CNB”) of approximately $0.2 million at December 31, 2014, related to security of the subleased corporate office lease and secured by a money market account held at CNB. For further discussion see Note 9, Commitments and Contingencies. Other Obligations From December 2014 to March 2015, Snowy August Management LLC advanced certain funds to the Company in the aggregate amount of $0.6 million. The Company incorrectly stated the amount of the funds advanced as $0.75 million in its Annual Report on Form 10-K for the year ended December 31, 2014, but does not consider such misstatement material. The Company’s Chief Executive Officer, Michael Onghai is the manager of Snowy August Management LLC. The Company intends to repay in full such funds to Snowy August Management LLC. From April 2015 to June 2015, Snowy August Management LLC advanced certain funds to the Company in the aggregate amount of $0.1 million. On June 5, 2015, LookSmart Ltd. obtained a 12 month loan from Inca Capital in the amount of $0.6 million collateralized by our data center facility in Phoenix, Arizona. The interest-only loan carries an interest rate of 10.5%. The loan’s maturity date is May 30, 2016. From July 2015 to September 2015, Snowy August Management LLC advanced certain funds to the Company in the aggregate of $0.25 million From September 2015 to December 2015, Snowy August Management LLC advanced certain funds to the Company in the aggregate of $0.95 million

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	8. Income Taxes In accordance with ASC 740, Income Taxes The Company files income tax returns in the U.S. federal jurisdiction, Canada and various state jurisdictions. The Company remains subject to U.S. federal tax examinations for years 2012-present and Canadian examinations for 2012 to present. The tax years that remain subject to examination in state jurisdictions include 2012-present. The Company believes that its income tax filing positions and deductions will be sustained on audit and does not anticipate any adjustments that will result in a material adverse effect on the Company’s financial condition, results of operations, or cash flows. Therefore, no reserves for uncertain income tax positions have been recorded at December 31, 2015. The Company’s policy is to recognize interest and penalties accrued on any unrecognized tax benefits as a component of income tax expense. The Company did not have any accrued interest or penalties associated with unrecognized tax benefits, nor were any interest expenses or penalties recognized during the years ended December 31, 2015 and 2014. The Company was in a net taxable loss position in 2015 and 2014. The income tax provision for all years includes minimum state tax and revisions of prior years’ estimated taxes. Total income tax expense of $7 thousand and $6 thousand for the years ended December 31, 2015 and 2014, respectively, were allocated to income from continuing operations and is classified as a current provision. The primary components of the net deferred tax asset are as follows at December 31, 2015 and 2014 (in thousands) December 31, 2015 2014 Deferred tax asset: Net operating loss carry forwards $ 75,349 $ 71,387 Depreciation and amortization 705 1,387 Accruals and reserves 537 621 Tax credits 535 535 Share-based compensation 3941 3,939 Total deferred tax assets 81067 77,869 Less: valuation allowance -81067 -77,869 Total $ - $ - According to U.S. Code Chapter 26, Section 382, the Company may carryover the NOL from Looksmart Corp. to Looksmart Group, Inc. if the successor company is continuing the business enterprise of the predecessor company for two years. As of December 31, 2015, the Company had Net Operating Loss (“NOL”) carryforwards of approximately $75.4 million for federal purposes. The Company also has Alternative Minimum Tax (“AMT”) credit carryforwards of $110 thousand for federal purposes. The NOL carryforwards will expire at various dates beginning in 2015 through 2032 if not utilized. The AMT tax credit carryforwards may be carried forward indefinitely. Both federal and state NOL carryforwards will be significantly limited. The Company is currently assessing the amount of the limitation. A valuation allowance fully offsets the deferred tax asset associated with these NOL carryforwards. A valuation allowance existed as of December 31, 2015 and 2014, due to the uncertainty of net operating loss utilization based on the Company’s history of losses. The valuation allowance increased by $1.5 million and $2.7 million for the years ended December 31, 2015 and 2014, respectively. The difference between the Company’s effective income tax rate and the federal statutory rate for the years ended December 31, 2015 and 2014 is reconciled below:

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	9. Commitments and Contingencies As of December 31, 2015, future minimum payments under all operating leases, net of related subleases, are as follows (in thousands): Capital Lease Operating Leases Total Years ending December 31, 2016 $ 16 $ - $ - 2017 - - - 2018 - - - 2019 - - - Total minimum net payments $ 16 $ - $ - Less: amount representing interest - Present value of net minimum payments 16 Less: current portion - Long-term portion of capital lease obligations $ 16 Operating Leases The Company no longer has any operating lease. . Guarantees and Indemnities During its normal course of business, the Company has made certain guarantees, indemnities and commitments under which it may be required to make payments in relation to certain transactions. These indemnities include intellectual property and other indemnities to the Company’s customers and distribution network partners in connection with the sales of its products, and indemnities to various lessors in connection with facility leases for certain claims arising from such facility or lease. Officer and Director Indemnification Further, the Company has agreements whereby it indemnifies its officers and directors for certain events or occurrences while the officer or director is, or was, serving, at the Company’s request, in such capacity, to the maximum extent permitted under the laws of the State of Nevada. The maximum potential amount of future payments the Company could be required to make under these indemnification agreements is unlimited. However, the Company maintains directors and officers insurance coverage that may contribute, up to certain limits, a portion of any future amounts paid, for indemnification of directors and officers. The Company believes the estimated fair value of these indemnification agreements in excess of applicable insurance coverage is minimal. Historically, the Company has not incurred any losses or recorded any liabilities related to performance under these types of indemnities. Legal Proceedings The Company is involved, from time to time, in various legal proceedings arising from the normal course of business activities. Although the results of litigation and claims cannot be predicted with certainty, the Company does not expect resolution of these matters to have a material adverse impact on its consolidated results of operations, cash flows or financial position unless stated otherwise. However, an unfavorable resolution of a matter could, depending on its amount and timing, materially affect its results of operations, cash flows or financial position in a future period. Regardless of the outcome, litigation can have an adverse impact on the Company because of defense costs, diversion of management resources and other factors.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2015
Stockholders' Equity Note [Abstract]
Stockholders' Equity	10. Stockholders’ Equity Stock Awards The Company did not issue restricted stock during the years ended December 31, 2015 and 2014. Repurchase of Equity Securities by the Company No shares were repurchased in 2015.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	11. Fair Value Measurements Fair Value of Financial Assets The Company’s financial assets measured at fair value on a recurring basis subject to disclosure requirements at December 31, 2015 and 2014 were as follows (in thousands) Balance at December 31, 2015 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobserved Inputs (Level 3) Cash equivalents: Money market mutual funds $ 1 $ 1 $ - $ - Total cash equivalents 1 1 - - Short-term investments: Certificates of deposit - - - - Other Commodities 6 - 6 - Total short-term investments 6 - 6 - Total financial assets measured at fair value $ 7 $ 1 $ 6 $ - Balance at December 31, 2014 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobserved Inputs (Level 3) Cash equivalents: Money market mutual funds $ 1 $ 1 $ - $ - Total cash equivalents 1 1 - - Short-term investments: Certificates of deposit 123 - 123 - Other Commodities 6 - 6 - Total short-term investments 129 - 129 - Total financial assets measured at fair value $ 130 $ 1 $ 129 $ - The Company held no Level 3 investments at December 31, 2015 and at December 31, 2014. Investments For investments that have quoted market prices in active markets, the Company uses the quoted market prices as fair value and includes these prices in the amounts disclosed in Level 1 of the hierarchy. The Company receives the quoted market prices from a third party, nationally recognized pricing service (“pricing service”). When quoted market prices are unavailable, the Company utilizes a pricing service to determine a single estimate of fair value, which is mainly for its fixed maturity investments. The fair value estimates provided from this pricing service are included in the amount disclosed in Level 2 of the hierarchy. The Company bases all of its estimates of fair value for assets on the bid price as it represents what a third party market participant would be willing to pay in an arm’s length transaction. The Company validates the prices received from the pricing service using various methods including, applicability of Federal Deposit Insurance Corporation or other national government insurance or guarantees, comparison of proceeds received on individual investments subsequent to reporting date, prices received from publicly available sources, and review of transaction volume data to confirm the presence of active markets. The Company does not adjust the prices received from the pricing service unless such prices are determined to be inconsistent. At December 31, 2015 and 2014, the Company did not adjust prices received from the pricing service.

Employee Benefit Plan

Employee Benefit Plan	12 Months Ended
	Dec. 31, 2015
Defined Benefit Plan, Funded Status of Plan [Abstract]
Employee Benefit Plan	12. Employee Benefit Plan The Company has a 401(k) retirement plan covering all eligible employees. Employees may contribute amounts ranging from 1% to 50% of annual salary, up to the maximum limits established by the Internal Revenue Service. The Company matches these contributions in cash up to 5% of annual salary up to a total match of $3 thousand per year per employee. Employees vest 100% immediately in their own contributions and 50% per year in Company matching contributions. Any employer contributions that are not vested are forfeited if an employee leaves the Company, but are reinstated if the employee returns to service within five years.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Related Party Transactions	13. Related Party Transactions The Company paid Michael Onghai $0.08 million in the year ended December 31, 2015, in connection with his services as the Company’s Chief Executive Officer.

Net Income (Loss) per Share

Net Income (Loss) per Share	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Net Income (Loss) per Share	14. Net Income (Loss) per Share A reconciliation of the numerator and denominator of basic and diluted net income (loss) per share (“EPS”) is provided as follows (in thousands, except per share amounts) Year Ended December 31, 2015 2014 Numerator Net loss $ (3,208 ) $ (6,419 ) Denominator Weighted average shares used to compute basic EPS 5,639 5,709 Effect of dilutive securities: Dilutive common stock equivalents - - Weighted average shares used to compute diluted EPS 5,639 5,709 Net loss per share - Basic and Diluted Net loss per share - Basic and Diluted $ (0.58 ) $ (1.12 )

Going Concern

Going Concern	12 Months Ended
	Dec. 31, 2015
Going Concern
Going Concern	15. Going Concern The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business. As of and for the year ended December 31, 2015, the Company had a loss from operations of $3.2 million and accumulated deficit of $263 million. As of year ended December 31, 2015, the working capital was $1.2 million; the cash used in operating activities was $3 million. The Company intends to fund operations through debt and equity financing arrangements. The ability of the Company to survive is dependent upon, among other things, obtaining additional financing to continue operations, and development of its business plan. In response to these problems, management intends to cut expenses, raise revenues, raise additional funds through public or private placement offerings, and related party loans. These factors, among others, raise substantial doubt about the Company's ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	16. Subsequent Events From December 2015 to March 2016, Snowy August Management LLC advanced certain funds to the Company in the aggregate amount of $150,000. The Company’s Chief Executive Officer, Michael Onghai is the manager of Snowy August Management LLC. The Company intends to repay in full such funds to Snowy August Management LLC.

Summary of Significant Accoun24

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Nature of Business	Nature of Business LookSmart Group, Inc. (“LookSmart” or the “Company”) is a digital advertising solutions company that provides relevant solutions for search and display advertising customers. LookSmart was organized in 1996 and is incorporated in the State of Delaware. LookSmart operates in a large online advertising ecosystem serving ads that target user queries on partner sites. LookSmart offers search advertising customers targeted search via a monitored search advertising distribution network using the Company’s “AdCenter” platform technology. The Company’s search advertising network includes publishers and search advertising customers, including intermediaries and direct advertising customers and their agencies as well as self-service customers in the United States and certain other countries. LookSmart also offers advertisers the ability to buy graphical display advertising. LookSmart’s trading desk personnel utilize DSP technology and licensed data from third party providers to buy targeted advertising on a real-time bidded basis. By leveraging our extensive historical search marketing network data along with performance data from a conversion pixel, LookSmart constructs models of the highest performing audiences, and targets them via exchange inventory. LookSmart offers its trading desk as a managed service. In addition, Looksmart, under its “Clickable” and “Syncapse” brands, allows customers to manage paid, owned and earned media by providing a suite of solutions for social media marketers that include publishing, monitoring, data storage, compliance, management, ad placement and analytics. Further, LookSmart offers publishers licensed private-label search advertiser network solutions based on its AdCenter platform technology (“Publisher Solutions”). Publisher Solutions consist of hosted auction-based ad serving with an ad backfill capability that allows publishers and portals to manage their advertiser relationships, distribution channels and accounts. Lastly, in the fourth quarter of 2013 the Company began to make available a LookSmart-branded search engine. For parties submitting search queries, the Company offers free-of-charge search results ranked and presented based on proprietary algorithms. While early in its evolution, part of the Company's current search engine monetization strategy is to generate sponsored search results as a part of overall search results and provide links to paying advertisers’ websites. Our largest category of customers is Intermediaries, the majority of which sell into the affiliate networks of the large search engine providers. Another category of customers is Direct Advertisers and their agencies whose objective is to obtain conversions or sales from the clicks, while others want unique page views. The last category of customers is Self-Service advertisers that sign-up online and pay by credit card. In 2013, the Company made the decision to decrease the amount of revenue that it received from Intermediaries compared to 2012. Current Management believes that this decision is in the best interests of the Company on a go-forward basis. Decreasing Intermediary revenue represented a continued trend from 2012 and was the primary driver of the Company's overall 2013 revenue decreases. The Company believes its revenue trends are tied to market-wide changes in the search ecosystem that have had a severe impact on Intermediary business models and consequently the business Intermediaries conduct with us. In both 2013 and 2012, we ceased business with a number of Intermediaries. Intermediaries continue as our largest category of customer. In September 2013, LookSmart purchased the Syncapse Technology Assets for $3 million from MNP Ltd., a Receiver appointed by Ontario Superior Court of Justice under the Appointment Order. Upon the completion of this transaction, the Company acquired a social media platform that allows enterprise customers the ability to publish, monitor and analyze their social media presence on paid, owned and earned media. The Company has begun to work with large international brands to assist them in creating, maintaining and analyzing their social media presence online. As a result of the Syncapse asset purchase, the Company is expanding its offerings to our current customer base. Our expanded offering allows LookSmart’s traditional customers the ability to manage ad spend in both search and social platforms. The Company intends to partner with social media companies such as Facebook, Twitter, Pinterest and YouTube, as well as others, to offer customers the ability to maximize their ad spend in all relevant ad categories. In November of 2013, LookSmart acquired an approximate 10,000 square foot Data Center facility in Phoenix, Arizona. This facility will allow the Company to consolidate its data needs in a company-owned Data Center, as well as expand its cloud based offerings to our customers. Looksmart is in the process of consolidating its cloud services in its newly occupied wholly owned secure Data Center. In addition, LookSmart offers publishers licensed private-label search advertiser network solutions based on its AdCenter platform technology (“Publisher Solutions”). Publisher Solutions consist of hosted auction-based ad serving with an ad backfill capability that allows publishers and portals to manage their advertiser relationships, distribution channels and accounts.
Principles of Consolidation	Principles of Consolidation The Consolidated Financial Statements include the accounts of the Company and its Subsidiaries. All significant inter-company balances and transactions have been eliminated in consolidation.
Use of Estimates and Assumptions	Use of Estimates and Assumptions The Consolidated Financial Statements have been prepared in conformity with accounting principles generally accepted in the United States (“GAAP”). This requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, revenue, expenses, and contingent assets and liabilities during the reporting period. The Company bases its estimates on various factors and information which may include, but are not limited to, history and prior experience, experience of other enterprises in the same industry, new related events, and current economic conditions and information from third party professionals that is believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ from those estimates.
Investments	Investments The Company invests its excess cash primarily in debt instruments of high-quality corporate and government issuers. All highly liquid instruments with maturities at the date of purchase greater than ninety days are considered investments. All instruments with maturities greater than one year from the balance sheet date are considered long-term investments unless management intends to liquidate such securities in the current operating cycle. Such securities are classified as short-term investments. These securities are classified as available-for-sale and carried at fair value. Changes in the value of these investments are primarily related to changes in interest rates and are considered to be temporary in nature. Except for declines in fair value that are not considered temporary, net unrealized gains or losses on these investments are reported in the Consolidated Statements of Comprehensive Loss. The Company recognizes realized gains and losses upon sale of investments using the specific identification method.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company’s estimate of fair value for assets and liabilities is based on a framework that establishes a hierarchy of the inputs used in valuation and gives the highest priority to quoted prices in active markets and requires that observable inputs be used in the valuations when available. The disclosure of fair value estimates is based on whether the significant inputs into the valuation are observable. In determining the level of the hierarchy in which the estimate is disclosed, the highest priority is given to unadjusted quoted prices in active markets and the lowest priority to unobservable inputs that reflect our significant market assumptions. The three levels of the hierarchy are as follows: Level 1: Unadjusted quoted market prices for identical assets or liabilities in active markets that we have the ability to access. Level 2: Quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets in inactive markets; or valuations based on models where the significant inputs are observable (e.g., interest rates, yield curves, default rates, etc.) or can be corroborated by observable market data. Level 3: Valuations based on models where significant inputs are not observable. The unobservable inputs reflect our assumptions about the assumptions that market participants would use.
Revenue Recognition	Revenue Recognition Our online search advertising revenue is composed of per-click fees that we charge customers and profit sharing arrangements we enter with Intermediaries. The per-click fee charged for keyword-targeted listings is calculated based on the results of online bidding for keywords or page content, up to a maximum cost per keyword or page content set by the customer. The Company has profit-sharing agreements with several customers that call for the sharing of profits and losses. Profit sharing arrangements are governed by contractual agreements. Revenue from these profit-sharing agreements is reported net of the customer’s share of profit. Revenue also includes revenue share from licensing of private-labeled versions of our AdCenter Platform. Revenues associated with online advertising products, including Advertiser Networks, are generally recognized once collectability is established, delivery of services has occurred, all performance obligations have been satisfied, and no refund obligations exist. We pay distribution network partners based on clicks on the advertiser’s ad that are displayed on the websites of these distribution network partners. These payments are called TAC and are included in cost of revenue. The revenue derived from these arrangements that involve traffic supplied by distribution network partners is reported gross of the payment to the distribution network partners. This revenue is reported gross due to the fact that we are the primary obligor to the advertisers who are the customers of the advertising service. We also enter into agreements to provide private-labeled versions of our products, including licenses to the AdCenter platform technology. These license arrangements may include some or all of the following elements: revenue-sharing based on the publisher’s customer’s monthly revenue generated through the AdCenter application; upfront fees; minimum monthly fees; and other license fees. We recognize upfront fees over the term of the arrangement or the expected period of performance, other license fees over the term of the license, and revenue-sharing portions over the period in which such revenue is earned. In all cases, revenue is recognized only when the price is fixed or determinable, persuasive evidence of an arrangement exists, the service is performed, and collectability of the resulting receivable is reasonably assured. We provide a provision against revenue for estimated reductions resulting from billing adjustments and customer refunds. The amounts of these provisions are evaluated periodically based upon customer experience and historical trends. The allowance included in trade receivables, net is insignificant at both December 31, 2015 and 2014, respectively. Deferred revenue is recorded when payments are received in advance of performance in underlying agreements. Customer deposits are recorded when customers make prepayments for online advertising. The Company evaluates individual arrangements with customers to make a determination under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 605-45 Revenue Recognition
Allowance for Doubtful Accounts	Allowance for Doubtful Accounts The Company maintains an allowance for doubtful accounts for estimated losses resulting from customers failing to make required payments. This valuation allowance is reviewed on a periodic basis. The review is based on factors including the application of historical collection rates to current receivables and economic conditions. Additional allowances for doubtful accounts are considered and recorded if there is deterioration in past due balances, if economic conditions are less favorable than the Company anticipated or for customer-specific circumstances, such as bankruptcy. The allowance for doubtful accounts included in trade accounts receivable, net is $ .84 million for each of the years ended December 31, 2015 and 2014. Bad debt expense included in general and administrative expense is insignificant and $0 and $ .12 million for the years ended December 31, 2015 and 2014, respectively.
Concentrations, Credit Risk and Credit Risk Evaluation	Concentrations, Credit Risk and Credit Risk Evaluation Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents, investments, and accounts receivable. As of December 31, 2015 and 2014, the Company placed its cash equivalents and investments primarily through one financial institution, City National Bank (“CNB”), and mitigated the concentration of credit risk by placing percentage limits on the maximum portion of the investment portfolio which may be invested in any one investment instrument. The Company also invests in fully collateralized funds with maturities of less than two years. These amounts exceed federally insured limits at December 31, 2015 and 2014. The Company has not experienced any credit losses on these cash equivalents and investment accounts and does not believe it is exposed to any significant credit risk on these funds. The fair value of these accounts is subject to fluctuation based on market prices. Credit Risk, Customer and Vendor Evaluation Accounts receivable are typically unsecured and are derived from sales to customers. The Company performs ongoing credit evaluations of its customers and maintains allowances for estimated credit losses. The Company applies judgment as to its ability to collect outstanding receivables based primarily on management’s evaluation of the customer’s financial condition and past collection history and records a specific allowance. In addition, the Company records an allowance based on the length of time the receivables are past due. Historically, such losses have been within management’s expectations. The following table reflects customers that accounted for more than 10% of net accounts receivable: Revenue and Cost Concentrations The following table reflects the concentration of revenue by geographic locations that accounted for more than 10% of net revenue: Year Ended December 31, 2015 2014 Company 1 13 % 17 % Company 2 12 % 9 % Company 3 11 % 8 % Company 4 10 % 7 % Company 5 ** ** Company 6 ** ** Company 7 ** ** ** Less than 10% Year Ended December 31, 2015 2014 United States 94 % 93 % Europe, Middle East and Africa ** ** ** Less than 10% LookSmart derives its revenue from two service offerings, or “products”: Advertiser Networks and Publisher Solutions. The percentage distributions between the two service offerings are as follows: Year Ended December 31 2015 2014 Advertiser Networks 100 % 91 % Publisher Solutions 0 % 9 % The following table reflects the percentage of revenue attributed to customers who accounted for 10% or more of net revenue, all of which are Intermediaries: Year Ended December 31, 2015 2014 Company 1 12 % 12 % Company 2 11 % Company 3 ** The Company derives its revenue primarily from its relationships with significant distribution network partners. The following table reflects the distribution partners that accounted for more than 10% of the total TAC: Year Ended December 31, 2015 2014 Distribution Partner 1 15 % 20 % Distribution Partner 2 10 % 15 % Distribution Partner 3 10 % 11 % Distribution Partner 4 ** ** ** Less than 10%
Property and Equipment	Property and Equipment Property and equipment are stated at cost, except when an impairment analysis requires use of fair value, and depreciated using the straight-line method over the estimated useful lives of the assets as follows: Computer equipment 3 to 4 years Furniture and fixtures 5 to 7 years Software 2 to 3 years Building Improvements 10 years Building 39 years Leasehold improvements are amortized on a straight-line basis over the shorter of their estimated useful lives or the lease term. When assets are retired or otherwise disposed of, the cost and accumulated depreciation and amortization are removed from their respective accounts, and any gain or loss on such sale or disposal is reflected in operating expenses. Maintenance and repairs are charged to expense as incurred. Expenditures that substantially increase an asset’s useful life are capitalized. In the fourth quarter of 2013, the Company acquired a 10,000 square foot Data Center facility in Phoenix, Arizona. This facility will allow the Company to consolidate its data needs in a company-owned Data Center, as well as expand its cloud-based offerings to our customers.
Internal Use Software Development Costs	Internal Use Software Development Costs The Company capitalizes external direct costs of materials and services consumed in developing and obtaining internal-use computer software and the payroll and payroll-related costs for employees who are directly associated with and who devote time to developing the internal-use computer software. These costs are capitalized after certain milestones have been achieved and generally amortized over a three year period once the project is placed in service. Management exercises judgment in determining when costs related to a project may be capitalized, in assessing the ongoing value of the capitalized costs, and in determining the amortization period for the capitalized costs, which is generally three years. The Company expects to continue to invest in internally developed software, although no such costs were capitalized in 2013.
Restructuring Charges	Restructuring Charges In 2015, the Predecessor completed the transaction with Pyxis on October 28 th In 2012, the Company entered into an agreement to sublease its office space in San Francisco under terms generally equivalent to its existing commitment. Restructuring costs associated with the sub-lease of the San Francisco office, totaling $0.04 in the year ended 2014 are being amortized over the remaining term of the underlying lease which ended in 2014.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The Company reviews long-lived assets held or used in operations, including property and equipment and internally developed software, for impairment in accordance with ASC 360-10 “ Impairment and Disposal of Long-Lived Assets The Company reviews assets for evidence of impairment annually at year end and whenever events or changes in circumstances indicate the carrying values may not be recoverable. The impairment review requires the Company to make significant estimates about its future performance and cash flows, as well as other assumptions. These estimates can be affected by numerous factors, including changes in economic, industry or market conditions, changes in business operations and changes in competition. The fair value of the long-lived assets was derived based on Level 3 inputs, which are based on significant inputs that are not observable. The fair value of the capitalized software long-lived assets was determined using an income approach, based on expected future cash flows and market considerations. The fair value of the computer equipment, furniture and fixtures, software and leasehold improvements long-lived assets was determined using a market approach, based on comparable fair values of similar assets.
Traffic Acquisition Costs	Traffic Acquisition Costs The Company enters into agreements of varying durations with its distribution network partners that display the Company’s listings ads on their sites in return for a percentage of the revenue-per-click that the Company receives when the ads are clicked on those partners’ sites. The Company also enters into agreements of varying durations with third party affiliates. These affiliate agreements provide for variable payments based on a percentage of the Company’s revenue or based on a certain metric, such as number of searches or paid clicks. TAC expense is recorded in cost of revenue.
Share-Based Compensation	Share-Based Compensation The Company recognizes share-based compensation costs for all share-based payment transactions with employees, including grants of employee stock options, restricted stock awards, and employee stock purchases related to the Employee Stock Purchase Plan, over the requisite service period based on their relative fair values. We estimate the fair value of each option award on the date of grant using the Black-Scholes option valuation model. Our assumptions about stock-price volatility are based on the actual volatility of our publicly traded stock. The risk-free interest rate for periods within the contractual life of the award is based on the U.S. Treasury yield curve in effect at the time of the grant. We estimate the expected term based upon the historical exercise activity. The value of the portion of the award that is ultimately expected to vest is recognized as expense in the Company’s Consolidated Statements of Operations over the requisite service periods. Share-based compensation expense recognized for the years ended December 31, 2015 and 2014 was $0.04 million and $0.2 million, respectively, which was related to stock grants, options and employee stock purchases. Forfeitures are estimated at the time of grant in order to estimate the amount of share-based awards that will ultimately vest. The forfeiture rate is determined at the end of each fiscal quarter, based on historical rates. The Company elected to adopt the alternative transition method for calculating the tax effects of share-based compensation to establish the beginning balance of the additional paid-in capital pool (“APIC pool”) related to the tax effects of employee share-based compensation, and to determine the subsequent impact on the APIC pool and Consolidated Statements of Cash Flows of the tax effects of employee share-based compensation awards.
Advertising Costs	Advertising Costs Advertising costs are charged to sales and marketing expenses as incurred and were insignificant in both years ended December 31, 2015 and 2014.
Product Development Costs	Product Development Costs Research of new product ideas and enhancements to existing products are charged to expense as incurred.
Income Taxes	Income Taxes The Company accounts for income taxes using the liability method. Under the liability method, deferred tax liabilities and assets are determined based on the difference between the financial statement and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. Valuation allowances are established when necessary to reduce deferred tax assets to the amounts expected to be realized. The Company records liabilities, where appropriate, for all uncertain income tax positions. The Company recognizes potential accrued interest and penalties related to unrecognized tax benefits within operations as income tax expense.
Comprehensive Loss	Comprehensive Loss Other comprehensive loss as of December 31, 2015 and 2014 consists of unrealized gains and losses on marketable securities categorized as available-for-sale and foreign currency translation adjustments.
Net Loss per Common Share	Net Loss per Common Share Basic net loss per share is calculated using the weighted average shares of common stock outstanding, excluding treasury stock. Diluted net loss per share is calculated using the weighted average number of common and potentially dilutive common shares outstanding, excluding treasury stock, during the period, using the treasury stock method for stock options. As a result of the Company’s net loss position at December 31, 2015 and 2014, there is no dilution.
Segment Information	Segment Information The Company has one operating segment, online advertising. While the Company operates under one operating segment, management reviews revenue under two product offerings—Advertiser Networks and Publisher Solutions. As of December 31, 2015 and 2014, all of the Company’s accounts receivable, intangible assets, and deferred revenue are related to the online advertising segment. All long-lived assets are located in the United States and Canada.
Recent Accounting Pronouncements	Recent Accounting Pronouncements The FASB has issued Accounting Standards Update (“ASU”) No. 2015-01 about Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items. The objective is to reduce the cost and complexity of income statement presentation by eliminating the concept of extraordinary items while maintaining or improving the usefulness of the information provided to the users of financial statements. The extraordinary items must met two criteria’s: unusual nature and infrequency of occurrence. If an event or transaction meets the criteria for extraordinary classification, an entity is required to segregate the extraordinary item from the results of ordinary operations and show the item separately in the income statement, net of tax, after income from continuing operations. The entity also is required todisclose applicable income taxes. This amendment will be effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2015. The board decided to permit early adoption provided that the guidance is applied from the beginning of the fiscal year of adoption. The FASB has issued ASU No. 2015-03 about Simplifying the Presentation of Debt Issuance Costs. The objective is to require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this Update. For public business entities, the amendments in this Update are effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal year. For all other entities, the amendments in this Update are effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within fiscal years beginning after December 15, 2016. Early adoption of the amendments in the Update is permitted for financial statements that have not been previously issued. The FASB has issued ASU No. 2015-05 about Intangibles-Goodwill and Other-Internal-Use Software. The objective is to provide a guidance about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, then the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. The amendment will not change GAAP for a customer’s accounting for service contracts. In addition, the guidance in this Update supersedes paragraph 350-40-25-16. Consequently, all software licenses within the scope of Subtopic 350-40 will be accounted for consistent with other licenses of intangible assets. For public business entities, the Board decided that the amendments will be effective for annual periods, including interim periods within those annual periods, beginning after December 15, 2015. For all other entities, the amendment will be effective for annual periods beginning after December 15, 2015, and interim periods in annual periods beginning after December 15, 2016. Early adoption is permitted for all entities. The FASB has issued ASU No. 2015-06 about Topic 260, Earnings Per Share, which contains guidance that addresses master limited partnerships that originated from Emerging Issues Task Force (EITF) Issue No. 07-4. This amendment in this Update specify that for purposes of calculating historical earnings per unit under the two-class method, the earnings (losses) of a transferred business before the date of a dropdown transaction should be allocated entirely to the general partner. In that circumstance, the previously reported earnings per unit of the limited partners (which is typically the earnings per unit measure presented in the financial statements) would not change as a result of the dropdown transaction. Qualitative disclosures about how the rights to the earnings (losses) differ before and after the dropdown transaction occurs for purposes of computing earnings per unit under the two-class method also are required. The amendments in this Update are effective for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. Earlier application is permitted. The FASB has issued ASU No. 2015-07 about Topic 820, Fair Value Measurement, which permits a reporting entity, as a practical expedient, to measure the fair value of certain investments using the net asset value per share of the investment. The amendments in this Update remove the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient. The amendments also remove the requirement to make certain disclosures for all investments that are eligible to be measured at fair value using the net asset value per share practical expedient. Rather, those disclosures are limited to investments for which the entity has elected to measure the fair value using that practical expedient. The amendments in this Update apply to reporting entities that elect to measure the fair value of an investment within the related scope by using the net asset value per share (or its equivalent) practical expedient. The FASB has issued No. 2015-10 “Technical Corrections and Improvements”, which aims to address feedback received from stakeholders on the Codification and make improvements to GAAP. The amendments in this update represent changes to clarify the Codification, correct unintended application of guidance, or make minor improvements to the Codification that are not expected to have a significant effect on current accounting practice or create a significant administrative cost to most entities. Some of the amendments will make the Codification easier to understand and apply by eliminating inconsistencies, providing needed clarifications, and improving the presentation of guidance in the Codification. The amendments in this update will apply to all reporting entities within the scope of the affected accounting guidance. The amendments in this update are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted. The FASB has issued No. 2015-11“Topic 330, Inventory”, which aims to simplify the measurement of inventory by changing the subsequent measurement guidance from the lower of cost or market to the lower of cost and net realizable value for inventory within the scope of this Update. The amendments in this update do not apply to inventory that is measured using last-in, first-out (LIFO) or the retail inventory method. The amendments apply to all other inventory, which includes inventory that is measured using first-in, first-out (FIFO) or average cost. An entity should measure inventory within the scope of this Update at the lower of cost and net realizable value. Subsequent measurement is unchanged for inventory measured using LIFO or the retail inventory method. For public business entities, the amendments in this update are effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. For all other entities, the amendments in this update are effective for fiscal years beginning after December 15, 2016, and interim periods within fiscal years beginning after December 15, 2017. The FASB has issued No. 2015-14“Topic 606, Revenue from Contracts with Customers”, which aims to respond to stakeholders’ requests to defer the effective date of the guidance in Update 2014-09 and to consider feedback received through extensive outreach with preparers, practitioners, and users of financial statements. The amendments in this update defer the effective date of Update 2014-09 for all entities by one year. Public business entities, certain not-for-profit entities, and certain employee benefit plans should apply the guidance in Update 2014-09 to annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period. Earlier application is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The FASB has issued No. 2015-15“Subtopic 835-30, Interest - Imputation of Interest”: Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements - Amendments to SEC Paragraphs Pursuant to Staff Announcement at June 18, 2015 EITF Meeting. This amendment adds SEC paragraphs pursuant to the SEC Staff Announcement on June 18, 2015, Emerging Issues Task Force meeting about the presentation and subsequent measurement of debt issuance costs associated with line-of-credit arrangements. The FASB has issued No. 2015-16“Topic 805, Business Combinations”: Simplifying the Accounting for Measurement-Period Adjustments, which aims to identify, evaluate, and improve areas of GAAP for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to users of financial statements. The amendments in this Update require that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The amendments in this update require that the acquirer record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. The amendments in this update require an entity to present separately on the face of the income statement or disclose in the notes the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. For public business entities, the amendments in this update are effective for fiscal years beginning after December 15, 2015, including interim periods within those fiscal years. For all other entities, the amendments in this update are effective for fiscal years beginning after December 15, 2016, and interim periods within fiscal years beginning after December 15, 2017. The FASB has issued No. 2015-17“Topic 740, Income Taxes”: Balance Sheet Classification of Deferred Taxes, which aims to identify, evaluate, and improve areas of generally accepted accounting principles (GAAP) for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to users of financial statements. The amendments in this update require that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. The amendments in this update apply to all entities that present a classified statement of financial position. The current requirement that deferred tax liabilities and assets of a tax-paying component of an entity be offset and presented as a single amount is not affected by the amendments in this Update. The amendments in this update will align the presentation of deferred income tax assets and liabilities with International Financial Reporting Standards (IFRS). For public business entities, the amendments in this Update are effective for financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. For all other entities, the amendments in this update are effective for financial statements issued for annual periods beginning after December 15, 2017, and interim periods within annual periods beginning after December 15, 2018. Earlier application is permitted for all entities as of the beginning of an interim or annual reporting period. Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date are not expected to have a material impact on the Company’s consolidated financial statements upon adoption.

Summary of Significant Accoun25

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2015
Summary of Significant Accounting Policies [Abstract]
Schedules of Concentration of Risk, by Risk Factor	The following table reflects the concentration of revenue by geographic locations that accounted for more than 10% of net revenue: Year Ended December 31, 2015 2014 Company 1 13 % 17 % Company 2 12 % 9 % Company 3 11 % 8 % Company 4 10 % 7 % Company 5 ** ** Company 6 ** ** Company 7 ** ** ** Less than 10% Year Ended December 31, 2015 2014 United States 94 % 93 % Europe, Middle East and Africa ** **
Schedule Of Property And Equipment Estimated Useful Lives	Property and equipment are stated at cost, except when an impairment analysis requires use of fair value, and depreciated using the straight-line method over the estimated useful lives of the assets as follows: Computer equipment 3 to 4 years Furniture and fixtures 5 to 7 years Software 2 to 3 years Building Improvements 10 years Building 39 years
Advertiser Networks and Publisher Solutions [Member]
Summary of Significant Accounting Policies [Abstract]
Schedules of Concentration of Risk, by Risk Factor	The percentage distributions between the two service offerings are as follows: Year Ended December 31 2015 2014 Advertiser Networks 100 % 91 % Publisher Solutions 0 % 9 %
Traffic Acquisition Costs [Member]
Summary of Significant Accounting Policies [Abstract]
Schedules of Concentration of Risk, by Risk Factor	The following table reflects the distribution partners that accounted for more than 10% of the total TAC: Year Ended December 31, 2015 2014 Distribution Partner 1 15 % 20 % Distribution Partner 2 10 % 15 % Distribution Partner 3 10 % 11 % Distribution Partner 4 ** ** ** Less than 10%
Net Revenue [Member]
Summary of Significant Accounting Policies [Abstract]
Schedules of Concentration of Risk, by Risk Factor	The following table reflects the percentage of revenue attributed to customers who accounted for 10% or more of net revenue, all of which are Intermediaries: Year Ended December 31, 2015 2014 Company 1 12 % 12 % Company 2 11 % Company 3 **

Cash and Available for Sale S26

Cash and Available for Sale Securities (Tables)	12 Months Ended
	Dec. 31, 2015
Cash and Available for Sale Securities [Abstract]
Company's cash and available-for-sale securities amortized cost and estimated fair	The following table summarizes the Company’s cash and available-for-sale securities’ amortized cost and estimated fair value by significant investment category as of December 31, 2015 and 2014 ( in thousands): Amortized Cost and Estimated Fair Value December 31, December 31, 2015 2014 Cash and cash equivalents: Cash $ 207 $ 304 Cash equivalents Money market mutual funds - 1 Commercial paper - - Total cash equivalents - 1 Total cash and cash equivalents 207 305 Short-term investments: Corporate bonds - - Certificates of deposit - 123 Commercial paper 29 - Other commodities 7 6 Collateralized debt obligations - - Total short-term investments 36 129 Long-term investments: Certificates of deposit - - Total long-term investments - - Total cash, and cash equivalents, short-term and long-term investments $ 243 $ 434

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property and equipment	Property and equipment consisted of the following at December 31, 2015 and 2014 (in thousands) December 31, 2015 December 31, 2014 Cost Accumulated Depreciation Net Book Value Cost Accumulated Depreciation Net Book Value Computer equipment $ 1,082 $ (829 ) $ 253 $ 1,108 $ (602 ) $ 246 $ 506 Furniture and fixtures 22 (7 ) 15 22 (4 ) 20 18 Software 2,294 (1,714 ) 580 2,733 (1,137 ) 2,716 1,596 Building and Leasehold improvements 541 (90 ) 451 541 (36 ) 55 505 Land and Buildings 797 (35 ) 762 797 (19 ) 794 778 Total $ 4,736 $ (2,675 ) $ 2,061 $ 5,201 $ (1,798 ) $ 3,403

Capitalized Software and Othe28

Capitalized Software and Other Assets (Tables)	12 Months Ended
	Dec. 31, 2015
Other Assets [Abstract]
Capitalized Software and Other Assets	The Company’s capitalized software and other assets are as follows at December 31, 2015 and 2014 (in thousands) December 31, 2015 December 31, 2014 Gross Amount Accumulated Amortization Net Book Value Gross Amount Accumulated Amortization Net Book Value Other assets 418 - 418 62 - 62 Total $ 418 $ - $ 418 $ 62 $ - $ 62

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	12 Months Ended
	Dec. 31, 2015
Payables and Accruals [Abstract]
Accrued liabilities	Accrued liabilities consisted of the following as of December 31, 2015 and 2014 (in thousands) December 31, December 31, 2015 2014 Accrued distribution and partner costs $ 5 $ 89 Accrued compensation and related expenses 91 102 Accrued professional service fees 68 117 Other 207 3 Capital lease obligation (Note 7) - 87 Total accrued liabilities $ 371 $ 398

Capital Lease and Other Oblig30

Capital Lease and Other Obligations (Tables)	12 Months Ended
	Dec. 31, 2015
Leases, Capital [Abstract]
Capital lease and other obligations	Capital lease and other obligations consist of the following at December 31, 2015 and 2014 (in thousands) December 31, December 31, 2015 2014 Capital lease obligations $ 16 $ 87 Deferred rent 14 22 Notes Payable 1,750 - Total capital lease and other obligations 1,780 109 Less: current portion of capital lease obligations (16 ) (87 ) Capital lease and other obligations, net of current portion $ 1,764 $ 22

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Schedule of Deferred Tax Assets	The primary components of the net deferred tax asset are as follows at December 31, 2015 and 2014 (in thousands) December 31, 2015 2014 Deferred tax asset: Net operating loss carry forwards $ 75,349 $ 71,387 Depreciation and amortization 705 1,387 Accruals and reserves 537 621 Tax credits 535 535 Share-based compensation 3941 3,939 Total deferred tax assets 81067 77,869 Less: valuation allowance -81067 -77,869 Total $ - $ -

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Future minimum payments under all operating leases, net of related subleases	As of December 31, 2015, future minimum payments under all operating leases, net of related subleases, are as follows (in thousands): Capital Lease Operating Leases Total Years ending December 31, 2016 $ 16 $ - $ - 2017 - - - 2018 - - - 2019 - - - Total minimum net payments $ 16 $ - $ - Less: amount representing interest - Present value of net minimum payments 16 Less: current portion - Long-term portion of capital lease obligations $ 16

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Company's financial assets measured at fair value on a recurring basis	The Company’s financial assets measured at fair value on a recurring basis subject to disclosure requirements at December 31, 2015 and 2014 were as follows (in thousands) Balance at December 31, 2015 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobserved Inputs (Level 3) Cash equivalents: Money market mutual funds $ 1 $ 1 $ - $ - Total cash equivalents 1 1 - - Short-term investments: Certificates of deposit - - - - Other Commodities 6 - 6 - Total short-term investments 6 - 6 - Total financial assets measured at fair value $ 7 $ 1 $ 6 $ - Balance at December 31, 2014 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobserved Inputs (Level 3) Cash equivalents: Money market mutual funds $ 1 $ 1 $ - $ - Total cash equivalents 1 1 - - Short-term investments: Certificates of deposit 123 - 123 - Other Commodities 6 - 6 - Total short-term investments 129 - 129 - Total financial assets measured at fair value $ 130 $ 1 $ 129 $ -

Net Income (Loss) per Share (Ta

Net Income (Loss) per Share (Tables)	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	A reconciliation of the numerator and denominator of basic and diluted net income (loss) per share (“EPS”) is provided as follows (in thousands, except per share amounts) Year Ended December 31, 2015 2014 Numerator Net loss $ (3,208 ) $ (6,419 ) Denominator Weighted average shares used to compute basic EPS 5,639 5,709 Effect of dilutive securities: Dilutive common stock equivalents - - Weighted average shares used to compute diluted EPS 5,639 5,709 Net loss per share - Basic and Diluted Net loss per share - Basic and Diluted $ (0.58 ) $ (1.12 )

Summary of Significant Accoun35

Summary of Significant Accounting Policies (Details)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Traffic Acquisition Costs [Member] | Distribution Partner 1 Concentration Risk [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	15.00%	20.00%
Traffic Acquisition Costs [Member] | Distribution Partner 2 Concentration Risk [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	10.00%	15.00%
Traffic Acquisition Costs [Member] | Distribution Partner 3 Concentration Risk [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	10.00%	11.00%
Traffic Acquisition Costs [Member] | Distribution Partner 4 Concentration Risk [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	0.00%	0.00%	[1]
Cost of Services [Member] | Advertiser Networks Concentration Risk [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	100.00%	91.00%
Cost of Services [Member] | Publisher Solutions [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	0.00%	9.00%
Company 1 Concentration Risk [Member] | Net Revenue [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	12.00%	12.00%
Company 1 Concentration Risk [Member] | Sales Revenue, Net [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	13.00%	17.00%
Company 2 Concentration Risk [Member] | Net Revenue [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	0.00%	11.00%
Company 2 Concentration Risk [Member] | Sales Revenue, Net [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	12.00%	9.00%
Company 3 Concentration Risk [Member] | Net Revenue [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	0.00%	0.00%
Company 3 Concentration Risk [Member] | Sales Revenue, Net [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	11.00%	8.00%
Company 4 Concentration Risk [Member] | Sales Revenue, Net [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	10.00%	7.00%
Company 5 Concentration Risk [Member] | Sales Revenue, Net [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	0.00%	0.00%
Company 6 Concentration Risk [Member] | Sales Revenue, Net [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	0.00%	0.00%
Company 7 Concentration Risk [Member] | Sales Revenue, Net [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	0.00%	0.00%
United States [Member] | Sales Revenue, Net [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	94.00%	93.00%
Europe, Middle East and Africa [Member] | Sales Revenue, Net [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	0.00%	0.00%
[1]	Less than 10%

Summary of Significant Accoun36

Summary of Significant Accounting Policies (Details 1)	12 Months Ended
	Dec. 31, 2015
Computer equipment [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life	3 years
Computer equipment [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life	4 years
Furniture and fixtures [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life	5 years
Furniture and fixtures [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life	7 years
Software [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life	2 years
Software [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life	3 years
Building Improvements [Member]
Property, Plant and Equipment, Useful Life	10 years
Building [Member]
Property, Plant and Equipment, Useful Life	39 years

Summary of Significant Accoun37

Summary of Significant Accounting Policies (Details Textual) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2013ft²	Nov. 30, 2013ft²	Sep. 30, 2013USD ($)
Summary of Significant Accounting Policies [Line Items]
Equity method investment ownership percentage	100.00%
Allowance for Doubtful Accounts Receivable	$ 840	$ 840
Bad debt expense for general and administrative expense	0	120
Restructuring costs	430	40
Share-based compensation expense	40	200
Assets	$ 4,539	$ 4,756
Phoenix [Member]
Summary of Significant Accounting Policies [Line Items]
Area of Building | ft²			10,000	10,000
Sales Revenue, Net [Member]
Summary of Significant Accounting Policies [Line Items]
Minimum reportable percentage for concentration of credit risk	10.00%
Traffic Acquisition Costs [Member]
Summary of Significant Accounting Policies [Line Items]
Minimum reportable percentage for concentration of credit risk	10.00%
LookSmart [Member]
Summary of Significant Accounting Policies [Line Items]
Assets					$ 3,000

Cash and Available for Sale S38

Cash and Available for Sale Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash and cash equivalents:
Cash	$ 207	$ 304
Cash equivalents
Total cash equivalents	0	1
Total cash and cash equivalents	207	305	$ 2,789
Short-term investments:
Total short-term investments	36	129
Long-term investments:
Total long-term investments	0	0
Total cash, and cash equivalents, short-term and long-term investments	243	434
Corporate Bonds [Member]
Short-term investments:
Total short-term investments	0	0
Collateralized Debt Obligations [Member]
Short-term investments:
Total short-term investments	0	0
Certificates of Deposit [Member]
Short-term investments:
Total short-term investments	0	123
Long-term investments:
Total long-term investments	0	0
Commercial Paper [Member]
Cash equivalents
Total cash equivalents	0	0
Short-term investments:
Total short-term investments	29	0
Other Commodities [Member]
Short-term investments:
Total short-term investments	7	6
Money Market Mutual Funds [Member]
Cash equivalents
Total cash equivalents	$ 0	$ 1

Cash and Available for Sale S39

Cash and Available for Sale Securities (Details Textual)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash and Available for Sale Securities [Abstract]
Contractual maturities of cash and short term investments	1 year	1 year

Property and Equipment (Details

Property and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Cost	$ 4,736	$ 5,201
Accumulated Depreciation	(2,675)	(1,798)
Net Book Value	2,061	3,403
Computer equipment [Member]
Property, Plant and Equipment [Line Items]
Cost	1,082	1,108
Accumulated Depreciation	(829)	(602)
Net Book Value	253	506
Furniture and fixtures [Member]
Property, Plant and Equipment [Line Items]
Cost	22	22
Accumulated Depreciation	(7)	(4)
Net Book Value	15	18
Building and Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Cost	541	541
Accumulated Depreciation	(90)	(36)
Net Book Value	451	505
Land and Buildings [Member]
Property, Plant and Equipment [Line Items]
Cost	797	797
Accumulated Depreciation	(35)	(19)
Net Book Value	762	778
Software [Member]
Property, Plant and Equipment [Line Items]
Cost	2,294	2,733
Accumulated Depreciation	(1,714)	(1,137)
Net Book Value	$ 580	$ 1,596

Property and Equipment (Detai41

Property and Equipment (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Property And Equipment Under Capital Lease
Property, Plant and Equipment [Line Items]
Depreciation expense	$ 900	$ 1,400

Capitalized Software and Othe42

Capitalized Software and Other Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Gross Amount	$ 418	$ 62
Accumulated Amortization	0	0
Net Book Value	418	62
Other assets [Member]
Gross Amount	418	62
Accumulated Amortization	0	0
Net Book Value	$ 418	$ 62

Capitalized Software and Othe43

Capitalized Software and Other Assets (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Other Assets [Abstract]
Amortization expense	$ 0	$ 0
Software amortization period	3 years

Accrued Liabilities (Details)

Accrued Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Payables and Accruals [Abstract]
Accrued distribution and partner costs	$ 5	$ 89
Accrued compensation and related expenses	91	102
Accrued professional service fees	68	117
Other	207	$ 3
Capital lease obligation (Note 7)	16
Total accrued liabilities	$ 371	$ 398

Restructuring Charges (Details

Restructuring Charges (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Restructuring and Related Activities [Abstract]
Restructuring costs	$ 430	$ 40

Capital Lease and Other Oblig46

Capital Lease and Other Obligations (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Leases, Capital [Abstract]
Capital lease obligations	$ 16	$ 87
Deferred rent	14	22
Notes Payable	1,750
Total capital lease and other obligations	1,780	109
Less: current portion of capital lease obligations	0	(87)
Capital lease and other obligations, net of current portion	$ 1,764	$ 22

Capital Lease and Other Oblig47

Capital Lease and Other Obligations (Details Textual) - USD ($) $ in Thousands	Jun. 05, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2015	Dec. 31, 2014
Snowy August Management LLC [Member]
Capital Lease and Other Obligations [Line Items]
Advances to the company			$ 100	$ 600
Incorrectly reported amount of the advances		$ 250		$ 750	$ 950
City National Bank [Member]
Capital Lease and Other Obligations [Line Items]
Line of Credit Facility, Amount Outstanding						$ 200
Inca Capital [Member]
Capital Lease and Other Obligations [Line Items]
Collateralized loan	$ 600
Loan interest rate	10.50%
Loan maturity date	May 30, 2016

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deferred tax asset:
Net operating loss carry forwards	$ 75,349	$ 71,387
Depreciation and amortization	705	1,387
Accruals and reserves	537	621
Tax credits	535	535
Share-based compensation	3,941	3,939
Total deferred tax assets	81,067	77,869
Less: valuation allowance	$ (81,067)	$ (77,869)
Total

Income Taxes (Details Textual)

Income Taxes (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income tax expense	$ 7	$ 6
Valuation allowance increased	1,500	$ 2,700
Federal Authority [Member]
Net Operating Loss carryforwards	$ 75,400
Net Operating Loss carryforwards expiration date	Dec. 31, 2032
Alternative Minimum Tax credit carryforwards	$ 110

Commitments and Contingencies50

Commitments and Contingencies (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Years ending December 31,
2,016	$ 16
2,017	0
2,018	0
2,019	0
Total minimum net payments	16
Less: amount representing interest	0
Present value of net minimum payments	16
Less: current portion	0	$ (87)
Long-term portion of capital lease obligations	16
Operating Leases
2,016	0
2,017	0
2,018	0
2,019	0
Total minimum net payments	0
Total
2,016	0
2,017	0
2,018	0
2,019	0
Total minimum net payments	$ 0

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	$ 1	$ 1
Total short-term investments	6	129
Total financial assets measured at fair value	7	130
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	1	1
Total short-term investments	0	0
Total financial assets measured at fair value	1	1
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	0	0
Total short-term investments	6	129
Total financial assets measured at fair value	6	129
Significant Unobserved Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	0	0
Total short-term investments	0	0
Total financial assets measured at fair value	0	0
Other commodities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	6	6
Other commodities [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	0	0
Other commodities [Member] | Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	6	6
Other commodities [Member] | Significant Unobserved Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	0	0
Certificates of Deposit [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	0	0
Certificates of Deposit [Member] | Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	0	123
Certificates of Deposit [Member] | Significant Unobserved Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	0	0
Money Market Mutual Funds [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	1	1
Money Market Mutual Funds [Member] | Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	0	0
Money Market Mutual Funds [Member] | Significant Unobserved Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	0	0
Certificates of Deposit [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total short-term investments	0	123
Money Market Mutual Funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash equivalents	$ 1	$ 1

Employee Benefit Plan (Details

Employee Benefit Plan (Details Textual)	12 Months Ended
	Dec. 31, 2015
Compensation Related Costs [Abstract]
Employee benefit plan description	Employees may contribute amounts ranging from 1% to 50% of annual salary, up to the maximum limits established by the Internal Revenue Service. The Company matches these contributions in cash up to 5% of annual salary up to a total match of $3 thousand per year per employee. Employees vest 100% immediately in their own contributions and 50% per year in Company matching contributions. Any employer contributions that are not vested are forfeited if an employee leaves the Company, but are reinstated if the employee returns to service within five years.

Related Party Transactions (Det

Related Party Transactions (Details Textual) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)
Michael Onghai [Member]
Amount paid to related party	$ 80

Net Income (Loss) per Share (De

Net Income (Loss) per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Numerator
Net loss	$ (3,208)	$ (6,419)
Denominator
Weighted average shares used to compute basic EPS	5,639	5,709
Effect of dilutive securities:
Dilutive common stock equivalents
Weighted average shares used to compute diluted EPS	5,639	5,709
Net loss per share - Basic and Diluted
Net loss per share - Basic and Diluted	$ (0.58)	$ (1.12)

Going Concern (Details Textual)

Going Concern (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Going Concern
Loss from operations	$ 3,200
Accumulated deficit	(262,643)	$ (259,435)
Working capital deficiency	1,200
Cash used in operating activities	$ 3,000

Subsequent Events (Details Text

Subsequent Events (Details Textual) $ in Thousands	4 Months Ended
	Mar. 16, 2016USD ($)
Subsequent Event [Member] | Snowy August Management LLC [Member]
Advances from related party	$ 150,000