Annual report pursuant to Section 13 and 15(d)

Note 19 - Reductions in Force

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Note 19 - Reductions in Force
12 Months Ended
Dec. 31, 2017
Notes to Financial Statements  
Restructuring and Related Activities Disclosure [Text Block]
1
9
.
Reductions in Force
 
In
March 2015,
the Company initiated a reduction in force that included
seven
staff members and
three
executives. The executives continued as employees during transition periods of varying lengths, depending upon the nature and extent of responsibilities transitioned or wound down.
During the year ended
December 31, 2015,
the Company recognized approximately
$1.3
million of net expense as a result of the reduction in force, which included actual and estimated separation costs as well as the impact of accelerated vesting or forfeiture of certain equity awards resulting from the separation of
$273,000.
 
The
re are
no
accrued separation costs remaining as of
December 31, 2017
or
2016.