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Document Entity Information Document	12 Months Ended
Document Entity Information Document	Dec. 31, 2015 shares
Entity Information [Line Items]
Entity Registrant Name	Sphere 3D Corp.
Entity Central Index Key	0001591956
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Document Type	40-F/A
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	FY
Amendment Flag	false
Entity Common Stock, Shares Outstanding	45,198,283
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash and Cash Equivalents	$ 8,661	$ 4,258
Accounts Receivable, net of allowance for doubtful accounts of $1,567 and $0, respectively	13,401	15,488
Inventories	11,326	9,936
Other Current Assets	3,155	2,457
Total Current Assets	36,543	32,139
Property and Equipment, Net	3,972	4,427
Intangible Assets, Net	54,019	73,271
Goodwill	44,132	38,821
Other Assets	445	605
Total assets	139,111	149,263
Current liabilities:
Accounts Payable	10,855	9,710
Accrued Liabilities	4,326	5,938
Accrued Payroll and Employee Compensation	2,625	4,037
Deferred Revenue	6,150	7,315
Other Current Liabilities	5,050	5,161
Debt - Related Party	10,000	0
Debt	7,391	4,890
Total Current Liabilities	46,397	37,051
Deferred Revenue, Long-Term	1,675	2,635
Long-Term Debt - Related Party	19,500	19,500
Long-Term Deferred Tax Liabilities	2,755	4,387
Other Long-Term Liabilities	644	550
Total Liabilities	70,971	64,123
Commitments and Contingencies (Note 14)
Shareholders' equity:
Common stock, no par value; 45,198 and 34,554 shares issued and outstanding as of December 31, 2015 and 2014, respectively	136,058	106,117
Accumulated Deficit	(66,783)	(19,556)
Accumulated Other Comprehensive Loss	(1,135)	(1,421)
Total shareholders' equity	68,140	85,140
Total liabilities and shareholders' equity	$ 139,111	$ 149,263

Consolidated Balance Sheets Consolidated Balance Sheets Parenthetical Data - USD ($) shares in Thousands, $ / shares in Thousands, $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Allowance for Doubtful Accounts Receivable, Current	$ 1,567	$ 0
Common Stock, No Par Value	$ 0	$ 0
Common Stock, Shares, Issued	45,198	34,554
Common Stock, Shares, Outstanding	45,198	34,554

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Net revenue
Product Revenue	$ 65,514	$ 12,201
Service Revenue	10,651	1,268
Revenue, Net	76,165	13,469
Cost of Product Revenue	48,825	7,536
Cost of Service Revenue	4,721	597
Gross Profit	22,619	5,336
Operating Expenses:
Sales and Marketing	23,569	5,153
Research and Development	9,916	655
General and Administrative	23,271	11,567
Impairment of Acquired Intangible Assets	10,702	0
Total Operating Expenses	67,458	17,375
Loss From Operations	(44,839)	(12,039)
Other Expense:
Interest Expense, Related Party	(2,710)	(207)
Interest Expense	(355)	(240)
Other Expense, Net	(689)	(194)
Loss before Income Taxes	(48,593)	(12,680)
(Benefit from) provision for Income Taxes	(1,366)	42
Net loss	$ (47,227)	$ (12,722)
Net Loss Per Share:
Basic and Diluted	$ (1.24)	$ (0.53)
Shares Used In Computing Net Loss Per Share
Basic and Diluted	37,957	24,131

Consolidated Statements of Comprehensive Loss Statement - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Net loss	$ (47,227)	$ (12,722)
Other Comprehensive Income (Loss):
Foreign Currency Translation Adjustment	286	(1,285)
Total Other Comprehensive Income (Loss)	286	(1,285)
Comprehensive Loss	$ (46,941)	$ (14,007)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Consolidated Statements of Shareholders’ Equity Statement - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock [Member]	Common Stock Including Additional Paid in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]
Shares, Issued		21,098
Stockholders' Equity Attributable to Parent	$ 7,437		$ 14,407	$ (6,834)	$ (136)
Stock Issued During Period, Shares, Purchase of Assets	1,090	1,090
Stock Issued During Period, Value, Purchase of Assets	$ 6,454		6,454
Stock Issued During Period, Shares, New Issues		1,235
Proceeds from Issuance of Common Stock	$ 8,512		8,512
Stock Issued During Period, Shares, Acquisitions	8,557	8,557
Stock Issued During Period, Value, Acquisitions	$ 68,627		68,627
Shares Issued for Payment of Interest Expense	34
Shares Issued for Settlement of Related Party Interest Expense	$ 234
Stock Issued During Period, Shares, Conversion of Convertible Securities	333	333
Stock Issued During Period, Value, Conversion of Convertible Securities	$ 2,500		2,500
Common Shares Returned for Related Party Loan Payment	(194)	(194)
Common Shares Returned for Related Party Loan Payment, value	$ (1,513)		(1,513)
Shares Issued, Warrants Exercised		2,101
Shares Issued For Warrants Exercised, Value	$ 2,712		2,712
Issued on Exercise of Options	246	247
Stock Issued During Period, Value, Stock Options Exercised	$ 148		148
Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition	$ 3,593		3,593
Stock Issued During Period, Shares, Issued for Services	53	87
Stock Issued During Period, Value, Issued for Services	$ 677		677
Net loss	(12,722)			(12,722)
Other Comprehensive Income (Loss)	$ (1,285)				(1,285)
Shares, Issued	1,235	34,554
Stockholders' Equity Attributable to Parent	$ 85,140		106,117	(19,556)	(1,421)
Stock Issued During Period, Shares, New Issues		6,567
Proceeds from Issuance of Common Stock	$ 12,432		12,432
Stock Issued During Period, Shares, Acquisitions	1,529	1,529
Stock Issued During Period, Value, Acquisitions	$ 6,147		6,147
Shares Issued for Payment of Interest Expense	668	668
Shares Issued for Settlement of Related Party Interest Expense	$ 1,560		1,560
Shares Issued, Warrants Exercised		349
Shares Issued For Warrants Exercised, Value	$ 1,265		1,265
Issued on Exercise of Options	293	292
Stock Issued During Period, Value, Stock Options Exercised	$ 225		225
Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition	7,163		7,163
Net loss	(47,227)			(47,227)
Other Comprehensive Income (Loss)	$ 286				286
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures	1,239	1,239
Restricted Stock, Value, Shares Issued Net of Tax Withholdings	$ (231)		(231)
Adjustments to Additional Paid in Capital, Warrant Issued	$ 1,380		1,380
Shares, Issued	6,173	45,198
Stockholders' Equity Attributable to Parent	$ 68,140		$ 136,058	$ (66,783)	$ (1,135)

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Operating activities
Net loss	$ (47,227)	$ (12,722)
Adjustments to reconcile net loss to cash used in operating activities (net of effects of acquisition):
Impairment of Acquired Intangible Assets	10,702	0
Depreciation and Amortization	7,450	3,453
Share-based Compensation	7,154	3,253
Provision for Losses on Accounts Receivable	1,567	0
Deferred Tax Benefit	(1,632)	0
Gain on Warrant Liability	(478)	0
Changes in operating assets and liabilities
Accounts Receivable	(1,499)	(4,827)
Inventories	6	(424)
Accounts Payable and Accrued Liabilities	1,984	3,311
Accrued Payroll and Employee Compensation	(1,187)	951
Deferred Revenue	(1,901)	57
Other Assets and Liabilities, Net	1,904	(1,597)
Net Cash Used in Operating Activities	(23,157)	(8,545)
Investing activities:
Purchase of Fixed Assets	(415)	(487)
Development costs capitalized as intangible assets	(108)	(1,499)
Purchases of Intangible Assets	(60)	(4,013)
Loan to Related Party	0	(7,750)
Proceeds Received from Related Party Loan	0	2,500
Cash Received from Acquisition	0	2,312
Net Cash Used in Investing Activities	(583)	(8,937)
Financing activities:
Proceeds from issuance of common shares and warrants	15,547	9,380
Payment for Issuance Costs	(1,009)	(868)
Proceeds from Borrowings - Related Party	10,000	5,000
Proceeds from Credit Facility, Net	2,501	141
Proceeds from Exercises of Outstanding Warrants	1,265	2,712
Proceeds from Exercise of Stock Options	225	148
Payment for restricted stock units tax liability on net settlement	(231)	0
Net Cash Provided by Financing Activities	28,298	16,513
Effect of Exchange Rate on Cash	(155)	10
Net Increase (Decrease) in cash and cash equivalents	4,403	(959)
Cash and cash equivalents, beginning of period	4,258	5,217
Cash and cash equivalents, end of period	$ 8,661	$ 4,258

Consolidated Statements of Cash Flows Supplemental disclosures of cash flow information: - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Supplemental Disclosures of Cash Flow Information
Income Taxes Paid	$ 54	$ 30
Interest Paid	647	23
Supplemental Disclosures of Noncash Investing and Financing Activities
Issuance of common stock for acquisition	6,147	68,627
Issuance of common shares for related party interest expense	1,560	0
Contingent liability for the acquisition of intangible assets	(2,500)	2,500
Issuance of warrants in relation to related party credit facility	1,380	0
Issuance of warrants in relation to to equity financings	(1,925)	0
Issuance of common shares for VDI technology	0	6,454
Issuance of common shares for conversion of convertible notes	0	2,500
Issuance of common shares for settlement of liabilities	0	677
Common shares received for settlement of related party debt	$ 0	$ (1,513)

Organization and Business	12 Months Ended
Organization and Business	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	Organization and Business Sphere 3D Corp. (the “Company”) was incorporated under the Business Corporations Act (Ontario) on May 2, 2007 as T.B. Mining Ventures Inc. On March 24, 2015, the Company completed a short-form amalgamation with a wholly-owned subsidiary. In connection with the short-form amalgamation, the Company changed its name to “Sphere 3D Corp.” The Company delivers containerization and virtualization technologies along with data management products that enable workload-optimized solutions. The Company achieves this through a combination of containerized applications, virtual desktops, virtual storage and physical hyper-converged platforms. The Company’s products allow organizations to deploy a combination of public, private or hybrid cloud strategies while backing them up with the latest storage solutions. Sphere 3D, along with its wholly-owned subsidiaries Overland Storage and Tandberg Data, has a portfolio of brands including Glassware 2.0™, SnapCLOUD™, SnapScale^®, SnapServer^®, V3^®, RDX^®, and NEO^®. In December 2014, the Company completed its acquisition of Overland Storage, Inc. (“Overland”). These consolidated statements include the financial statements of the Company, its wholly-owned subsidiaries, Overland, V3 Systems Holdings, Inc., and Sphere 3D Inc. The Company has projected that cash on hand, available borrowings under the Company’s credit facilities may not be sufficient to allow the Company to continue operations for the next 12 months. Significant changes from the Company’s current forecast, including but not limited to: (i) shortfalls from projected sales levels; (ii) unexpected increases in product costs; (iii) increases in operating costs; and (iv) changes in the historical timing of collecting accounts receivable could have a material adverse impact on the Company’s ability to access the level of funding necessary to continue its operations at current levels. If any of these events occur or if we are not able to secure additional funding, the Company may be forced to make reductions in spending, extend payment terms with suppliers, liquidate assets where possible, and/or suspend or curtail planned programs. Any of these actions could materially harm the Company’s business, results of operations and future prospects. The Company incurred losses from operations and negative cash flows from operating activities for the 12 months ended December 31, 2015, and such losses might continue for a period of time. Based upon the Company's current expectations and projections for the next year, the Company believes that it may not have sufficient liquidity necessary to sustain operations for the next 12 months due to the maturity dates of the existing credit facilities. These factors, among others, raise doubt that the Company will be able to continue as a going concern. The Company is in process of pursuing options to replace the existing short term credit facilities. The Company has entered into a non-binding proposal with a commercial bank which sets forth proposed terms upon which such bank would provide us up to $20.0 million in debt financing. The Company is in the process of negotiating definitive documentation relating to the new proposed financing with the bank, which consummation will be subject to a number of customary closing conditions for a transaction of this nature. Assuming the closing of the financing, the Company expects to use portions of the proceeds to repay its existing credit facility with Silicon Valley Bank and to repay$5.0 million of its related party credit facility. The Company would also expect the remaining $5.0 million under its related party credit facility to be refinanced into the outstanding convertible note. As of the date of this report, uncertainty exists as to the ultimate completion of these proposed transactions, and there are no assurances that the Company’s negotiation efforts will result in any definitive agreements. The Company’s recurring losses and negative cash flows from operations raise substantial doubt about its ability to continue as a going concern. The accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business.

Significant Accounting Policies

12 Months Ended

Dec. 31, 2015

Accounting Policies [Abstract]

Significant Accounting Policies [Text Block]

Significant Accounting Policies

Principles of Consolidation

The consolidated financial statements of the Company have been prepared by management in accordance with accounting principles generally accepted in the United States of America (“GAAP”), applied on a basis consistent for all periods. These consolidated financial statements include the accounts of the Company and its subsidiaries, all of which are wholly owned. All intercompany balances and transactions have been appropriately eliminated in consolidation.

The consolidated financial statements were approved by the Company’s Board of Directors on March 29, 2016.

Reclassifications

Certain prior year amounts have been reclassified to conform to the 2015 presentation.

Use of Estimates

The preparation of the consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements and reported amounts of revenues and expenses during the reporting period. Significant areas requiring the use of management estimates relate to the determination of provisions for litigation claims, deferred revenue, allowance for doubtful receivables, inventory valuation, warranty provisions, deferred income taxes, and impairment assessments of property and equipment, intangible assets and goodwill. Actual results could differ from these estimates.

Foreign Currency Translation

The financial statements of foreign subsidiaries, for which the functional currency is the local currency, are translated into U.S. dollars using the exchange rate at the consolidated balance sheet date for assets and liabilities and a weighted-average exchange rate during the year for revenue, expenses, gains and losses. Translation adjustments are recorded as other comprehensive income (loss) within shareholders’ equity. Gains or losses from foreign currency transactions are recognized in the consolidated statements of operations. Such transactions resulted in a loss of $1.7 million and $0.2 million for the years ended December 31, 2015 and 2014, respectively.

Cash Equivalents

Highly liquid investments with insignificant interest rate risk and original maturities of three months or less, when purchased, are classified as cash equivalents. Cash equivalents are composed of money market funds. The carrying amounts approximate fair value due to the short maturities of these instruments.

Accounts Receivable

Accounts receivable is recorded at the invoiced amount and is non-interest bearing. We estimate our allowance for doubtful accounts based on an assessment of the collectability of specific accounts and the overall condition of the accounts receivable portfolio. When evaluating the adequacy of the allowance for doubtful accounts, we analyze specific trade and other receivables, historical bad debts, customer credits, customer concentrations, customer credit-worthiness, current economic trends and changes in customers’ payment terms and/or patterns. We review the allowance for doubtful accounts on a quarterly basis and record adjustments as considered necessary. Customer accounts are written-off against the allowance for doubtful accounts when an account is considered uncollectable. At December 31, 2015 and 2014, allowance for doubtful accounts of $1.6 million and zero, respectively, was recorded.

Inventories

Inventories are stated at the lower of cost or market using the first-in-first-out method. We assess the value of inventories periodically based upon numerous factors including, among others, expected product or material demand, current market conditions, technological obsolescence, current cost, and net realizable value. If necessary, we write down its inventory for obsolete or unmarketable inventory by an amount equal to the difference between the cost of the inventory and the estimated market value.

Property and Equipment

Property and equipment are recorded at cost. Depreciation expense is computed using the straight-line method. Leasehold improvements are depreciated over the shorter of the remaining estimated useful life of the asset or the term of the lease.

Estimated useful lives are as follows:



Building	40 years
Machinery and equipment	3-5 years
Furniture and fixtures	5 years
Computer equipment and software	1-5 years

Expenditures for normal maintenance and repair are charged to expense as incurred, and improvements are capitalized. Upon the sale or retirement of property or equipment, the asset cost and related accumulated depreciation are removed from the respective accounts and any gain or loss is included in the results of operations.

Goodwill and Intangible Assets

Goodwill represents the excess of consideration paid over the value assigned to the net tangible and identifiable intangible assets acquired. For intangible assets purchased in a business combination, the estimated fair values of the assets received are used to establish their recorded values. For intangible assets acquired in a non-monetary exchange, the estimated fair values of the assets transferred (or the estimated fair values of the assets received, if more clearly evident) are used to establish their recorded values. Valuation techniques consistent with the market approach, income approach and/or cost approach are used to measure fair value.

Purchased intangible assets are amortized on a straight-line basis over their economic lives of 25 years for channel partner relationships, four to nine years for developed technology, eight years for capitalized development costs, and five to 25 years for customer relationships as this method most closely reflects the pattern in which the economic benefits of the assets will be consumed. When the carrying value is not considered recoverable, an impairment loss for the amount by which the carrying value of an intangible asset exceeds its fair value is recognized, with an offsetting reduction in the carrying value of the related intangible asset. If our future results are significantly different from forecast, we may be required to further evaluate intangible assets for recoverability and such analysis could result in an impairment charge in a future period.

Impairment of Goodwill, Other Indefinite-Lived Intangible Assets and Long-Lived Assets

Goodwill and other indefinite-lived assets are tested for impairment on an annual basis at December 31, or more frequently if there are indicators of impairment. Triggering events for impairment reviews may be indicators such as adverse industry or economic trends, restructuring actions, lower projections of profitability, or a sustained decline in our market capitalization. Other indefinite-lived intangible assets are quantitatively assessed for impairment, if necessary, by comparing their estimated fair values to their carrying values. If the carrying value exceeds the fair value, the difference is recorded as an impairment.

Long-lived assets, such as property and equipment and intangible assets subject to amortization, are reviewed for recoverability whenever events or changes in circumstances indicate the carrying value may not be recoverable. Our consideration includes, but is not limited to: (i) significant under-performance relative to historical or projected future operating results; (ii) significant changes in the manner of use of the assets or the strategy for the Company’s overall business; (iii) significant decrease in the market value of the assets; and (iv) significant negative industry or economic trends. When the carrying value is not considered recoverable, an impairment loss for the amount by which the carrying value of a long-lived asset exceeds its fair value is recognized, with an offsetting reduction in the carrying value of the related asset. See Note 5 - Intangible Assets and Goodwill for further information on our impairment testing.

Revenue Recognition

Revenue from sales of products is recognized when persuasive evidence of an arrangement exists, the price is fixed or determinable, collectability is reasonably assured and delivery has occurred. Under this policy, revenue on direct product sales, excluding sales to distributors, is recognized upon shipment of products to customers. These customers are not entitled to any specific right of return or price protection, except for any defective product that may be returned under our standard product warranty. Revenue from services, such as extended product warranties, are deferred and recognized over the period of the service agreement.

Title and risk of loss transfer to the customer when the product leaves the Company’s dock, except for one subsidiary where title and risk of loss transfer to the customer when the product arrives at the customer’s location. Product sales to distribution customers are subject to certain rights of return, stock rotation privileges and price protection. Because we are unable to estimate its exposure for returned product or price adjustments, revenue from shipments to these customers is not recognized until the related products are in turn shipped to the ultimate customer by the distributor. For products for which software is more than an incidental component, we recognize revenue in accordance with current authoritative guidance for software revenue recognition.

The Company enters into revenue arrangements that may consist of multiple deliverables of its product and service offerings, such as for sales of hardware devices and extended warranty services. The Company allocates revenue to deliverables in multiple element arrangements based on relative selling prices. The Company determines its vendor-specific objective evidence (“VSOE”) based on its normal pricing and discounting practices for the specific product or service when sold separately. When the Company is not able to establish VSOE for all deliverables in an arrangement with multiple elements, the Company attempts to determine the selling price of each element based on third party evidence of selling price, or based on the Company’s actual historical selling prices of similar items, whichever management believes provides the most reliable estimate of expected selling prices.

Warranty and Extended Warranty

We record a provision for standard warranties provided with all products. If future actual costs to repair were to differ significantly from estimates, the impact of these unforeseen costs or cost reductions would be recorded in subsequent periods.

Separately priced extended on-site warranties and service contracts are offered for sale to customers on all product lines. We contract with third party service providers to provide service relating to on-site warranties and service contracts. Extended warranty and service contract revenue and amounts paid in advance to outside service organizations are deferred and recognized as service revenue and cost of service, respectively, over the period of the service agreement.

Shipping and Handling

Amounts billed to customers for shipping and handling are included in product revenue, and costs incurred related to shipping and handling are included in cost of product revenue.

Advertising Costs

Advertising costs are expensed as incurred. Advertising expenses were $1.6 million and $0.7 million for the years ended December 31, 2015 and 2014, respectively.

Research and Development Costs

Research and development expenses include payroll, employee benefits, stock-based compensation expense, and other headcount-related expenses associated with product development. Research and development expenses also include third party development and programming costs, localization costs incurred to translate software for international markets, and the amortization of purchased software code and services content. Such costs related to software development are included in research and development expense until the point that technological feasibility is reached, which for our software products, is generally shortly before the products are released to manufacturing. Once technological feasibility is reached, such costs are capitalized and amortized to cost of revenue over the estimated lives of the products. During 2015 and 2014, the Company capitalized $0.1 million and $1.8 million, respectively, of development costs.

Segment Information

We report segment data based on the management approach. The management approach designates the internal reporting that is used by management for making operating and investment decisions and evaluating performance as the source of our reportable segments. We use one measurement of profitability and do not disaggregate our business for internal reporting. We operate in one segment providing data storage and desktop virtualization solutions for small and medium businesses and distributed enterprises. We disclose information about products and services, geographic areas, and major customers.

Income Taxes

We provide for income taxes utilizing the asset and liability approach of accounting for income taxes. Under this approach, deferred taxes represent the future tax consequences expected to occur when the reported amounts of assets and liabilities are recovered or paid. The provision for income taxes generally represents income taxes paid or payable for the current year plus the change in deferred taxes during the year. Deferred taxes result from differences between the financial and tax basis of our assets and liabilities and are adjusted for changes in tax rates and tax laws when changes are enacted. Valuation allowances are recorded to reduce deferred tax assets when a judgment is made that it is considered more likely than not that a tax benefit will not be realized. A decision to record a valuation allowance results in an increase in income tax expense or a decrease in income tax benefit. If the valuation allowance is released in a future period, income tax expense will be reduced accordingly.

The calculation of tax liabilities involves evaluating uncertainties in the application of complex global tax regulations. The impact of an uncertain income tax position is recognized at the largest amount that is “more likely than not” to be sustained upon audit by the relevant taxing authority. An uncertain income tax position will not be recognized if it has less than a 50% likelihood of being sustained. If the estimate of tax liabilities proves to be less than the ultimate assessment, a further charge to expense would result.

Comprehensive Loss

Comprehensive loss and its components encompasses all changes in equity other than those arising from transactions with shareholders, including net loss and foreign currency translation adjustments, and is disclosed in a separate consolidated statement of comprehensive loss.

Concentration of Credit Risks

Financial instruments that potentially subject us to concentrations of credit risk consist primarily of trade accounts receivable, which are generally not collateralized. To reduce credit risk, we perform ongoing credit evaluations of its customers and maintain allowances for potential credit losses for estimated bad debt losses.

At December 31, 2015 and 2014, there was one customer that made up 17.5% and 12.1%, respectively, of accounts receivable. There were no customers for the years ended December 31, 2015 and 2014 that made up 10% or more of net revenue.

Share-based Compensation

We account for share-based awards, and similar equity instruments, granted to employees and non-employee directors under the fair value method. Share-based compensation award types include stock options and restricted stock. We use the Black-Scholes option pricing model to estimate the fair value of option awards on the measurement date, which generally is the date of grant. The expense is recognized over the requisite service period (usually the vesting period) for the estimated number of instruments for which service is expected to be rendered. The fair value of restricted stock units (“RSUs”) is estimated based on the market value of the Company’s common shares on the date of grant. The fair value of options granted to non-employees is estimated at the measurement date using the Black-Scholes option pricing model and the unvested options remeasured at each reporting date, with changes in fair value recognized in expense in the consolidated statement of operations.

Share-based compensation expense for options with graded vesting is recognized pursuant to an accelerated method. Share-based compensation expense for RSUs is recognized over the vesting period using the straight-line method. Share-based compensation expense for an award with performance conditions is recognized when the achievement of such performance conditions are determined to be probable. If the outcome of such performance condition is not determined to be probable or is not met, no compensation expense is recognized and any previously recognized compensation expense is reversed.

We have not recognized, and do not expect to recognize in the near future, any tax benefit related to share-based compensation cost as a result of the full valuation allowance of our net deferred tax assets and its net operating loss carryforward.

Recently Issued Accounting Pronouncements

From time to time, new accounting pronouncements are issued by the Financial Accounting Standards Board (“FASB”) that are adopted by the Company as of the specified effective date. If not discussed, the Company believes that the impact of recently issued standards, which are not yet effective, will not have a material impact on the Company’s consolidated financial statements upon adoption.

In February 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-02 Leases (Topic 842) (“ASU 2016-02”). ASU 2016-02 requires increased transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. Under ASU 2016-02, a lessee will recognize in the statement of financial position a liability to make lease payments (the lease liability) and a right-to-use asset representing its right to use the underlying asset for the lease term. The recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee have not significantly changed from current GAAP. ASU 2016-02 retains a distinction between finance leases (i.e. capital leases under current GAAP) and operating leases. The classification criteria for distinguishing between finance leases and operating leases will be substantially similar to the classification criteria for distinguishing between capital leases and operating leases under current GAAP. The accounting applied by the lessor is largely unchanged from that applied under current GAAP. The amendments of this ASU are effective for reporting periods beginning after December 15, 2018, with early adoption permitted. An entity will be required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. The impact on our consolidated financial condition and results of operations as a result of the adoption of ASU 2016-02 has not yet been determined.

In November 2015, the FASB issued ASU 2015-17, Balance Sheet Classification of Deferred Taxes (“ASU 2015-17”). ASU 2015-17 requires companies to classify all deferred tax assets and liabilities as non-current on the balance sheet instead of separating deferred taxes into current and non-current amounts. For public business entities, the guidance is effective for financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. Early adoption is permitted for all companies in any interim or annual period. The guidance may be adopted on either a prospective or retrospective basis. We have not yet selected a transition method and we are currently evaluating the effect that the updated standard will have on our consolidated financial statements and related disclosures.

In September 2015, the FASB issued ASU No. 2015-16, Business Combinations (Topic 805). ASU No. 2015-16 requires that an acquirer recognizes adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. This guidance requires 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 in provisional amounts, calculated as if the accounting had been completed at the acquisition date. This guidance requires 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. ASU No. 2015-16 is effective beginning fiscal years beginning after December 15, 2015, including interim periods within those fiscal years. The impact on our consolidated financial condition and results of operations as a result of the adoption of ASU 2015-16 has not yet been determined.

In July 2015, the FASB issued ASU 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory. ASU 2015-11 requires that for entities that measure inventory using the first-in, first-out method, inventory should be measured at the lower of cost and net realizable value. Topic 330, Inventory, currently requires an entity to measure inventory at the lower of cost or market. Market could be replacement cost, net realizable value, or net realizable value less an approximately normal profit margin. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. ASU 2015-11 is effective for fiscal years beginning after December 15, 2016, and interim periods within those fiscal years. The amendments should be applied prospectively with earlier application permitted as of the beginning of an interim or annual reporting period. The impact on our consolidated financial condition and results of operations as a result of the adoption of ASU 2015-11 has not yet been determined.

In April 2015, the FASB issued ASU 2015-03, Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. ASU 2015-03 requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from that debt liability, consistent with the presentation of a debt discount. The recognition and measurement guidance for debt issuance costs is not affected by ASU 2015-03. ASU 2015-03 is effective fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. Early application is permitted. The impact on our consolidated financial condition and results of operations as a result of the adoption of ASU 2015-03 has not yet been determined.

In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements - Going Concern. ASU 2014-15 provides that in connection with preparing financial statements for each annual and interim reporting period, an entity’s management should evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued (or within one year after the date that the financial statements are available to be issued when applicable). ASU 2014-15 will be effective for the annual reporting periods ending after December 15, 2016, and for annual and interim periods thereafter. Early application is permitted. The impact on our consolidated financial disclosures as a result of the adoption of ASU 2014-15 has not yet been determined.

In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers. ASU 2014-09 outlines a single comprehensive model for accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance. ASU 2014-09 requires an entity to recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-09 is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. In July 2015, the FASB enacted a one-year deferral to the effective date, but permits entities to adopt one year earlier if they choose (i.e., the original effective date). Entities can transition to the standard either retrospectively or as a cumulative-effect adjustment as of the date of adoption. We have not yet selected a transition method and the impact on our consolidated financial condition and results of operations as a result of the adoption of ASU 2014-09 has not yet been determined.

Business Combinations

12 Months Ended

Dec. 31, 2015

Business Combinations [Abstract]

Business Combination Disclosure [Text Block]

Business Combinations

RDX^® Asset Acquisition

In August 2015, the Company completed an acquisition of assets related to the RDX^® removable disk product lines and related inventory from Imation Corp. (“Imation”). The Company issued 1,529,126 common shares with an approximate value of $6.1 million, and a warrant exercisable for 250,000 additional common shares exercisable in connection with certain purchase price adjustments under the asset purchase agreement. In February 2016, Imation exercised the warrant and the Company issued 250,000 common shares at $0.01.

In addition, the Company and Imation entered into that certain Lock-Up Agreement, dated as of August 10, 2015, which imposes limitations on the transfer and sale of the common shares issued to Imation at closing and requires that Imation vote its shares in accordance with any recommendation of the Company’s board of directors for a designated period of time. The Company and Imation also entered into that certain Registration Rights Agreement, dated August 10, 2015, pursuant to which the Company has agreed to register the resale of the common shares issued to Imation and any shares issuable upon the exercise of the warrant.

The asset purchase agreement also terminated an existing license agreement and settled all disputes between the parties. We incurred acquisition related expenses of $0.2 million which consisted primarily of due diligence, legal and other one-time charges and are included in general and administrative expense in the consolidated statements of operations.

A summary of the preliminary estimated fair values of the assets acquired and liabilities assumed is as follows (in thousands):



Inventory	$	1,673
Other current assets	100
Property and equipment	789
Identifiable intangible assets	670
Total identifiable assets acquired	3,232
Contingent liability	(2,376		)
Other liabilities	(20		)
Net identifiable assets acquired	836
Goodwill	5,311
Net assets acquired	$	6,147

Goodwill is comprised of realization of expanded market share which provides greater control over the backup appliance components that form a key part of Sphere 3D’s strategy to deliver comprehensive virtualization, storage and data management for on premise, cloud and hybrid infrastructures. In December 2015, goodwill was adjusted from $2.9 million to $5.3 million, an increase of $2.4 million, related to contingent consideration to Imation. The above table reflects such adjustment.

The fair value estimates for the assets acquired and liabilities assumed for the acquisition were based on estimates and analysis, including work performed by third party valuation specialists. Adjustments may be made to the estimated fair values during the measurement period as we obtain additional information. The primary areas of estimates that were not yet finalized related to the finalization of contingent consideration. The goodwill recognized upon acquisition is deductible for tax purposes.

The results of operations related to this acquisition have been included in our consolidated statements of operations from the acquisition date. Pro forma results of operations have not been presented because at this time it is impracticable to provide as the information is not available at the level of detail required.

The identified intangible assets as of the date of acquisition consisted of the following (in thousands):



	Estimated Fair Value		Weighted- Average Useful Life (years)
Developed technology	$	190	0.5
Customer relationships	480		21.3
Total identified intangible assets	$	670	15.4

Overland Acquisition

On December 1, 2014, the Company completed its acquisition of Overland for a purchase price of $69.7 million. Included in this amount are 8.6 million common shares valued as of December 1, 2014 at $7.71 per share, $3.2 million of equity awards for which vesting accelerated upon consummation of the acquisition, as well as other consideration of $0.5 million. The acquisition was carried out pursuant to the terms and conditions contained in an Agreement and Plan of Merger dated May 15, 2014 (as amended, the “merger agreement”). The integration of Overland and Sphere 3D positions the Company to address the rapidly growing cloud, virtualization, and data storage markets.

As per the terms of the merger agreement, Overland became a wholly-owned subsidiary of Sphere 3D, and Overland’s common stock ceased to be traded on the NASDAQ Capital Market, while the common shares of Sphere 3D continue to be traded on the NASDAQ Global Market under the trading symbol “ANY”. Under the terms of the merger agreement, Sphere 3D issued a total of 8,556,865 common shares for all of the outstanding Overland shares on the basis of one Overland share for 0.46385 common shares. In addition, the Company issued warrants to purchase up to 1,323,897 of our common shares, options to purchase up to 168,488 common shares and 673,776 restricted share units, calculated on the basis of the exchange ratio.

A summary of the estimated fair values of the assets acquired and liabilities assumed as of the closing date is as follows (in thousands):



Cash and cash equivalents	$	2,312
Accounts receivable	10,558
Inventories	9,387
Property and equipment	4,117
Identifiable intangible assets	60,376
Other assets	2,364
Total identifiable assets acquired	89,114
Current liabilities	(28,133		)
Debt - current	(4,749		)
Debt - long term	(17,000		)
Other liabilities	(3,990		)
Deferred tax liabilities	(4,412		)
Total identifiable liabilities assumed	(58,284		)
Net identifiable net assets acquired	30,830
Goodwill	38,821
Net assets acquired	$	69,651

Goodwill is comprised of expected synergies from combining Overland’s operations with that of the Company, including: (i) the creation of a larger and more diverse combined company to gain the scale, infrastructure and resources required to become a global virtualization company and to strengthen the Company’s ability to service and support partners and customers globally; (ii) the ability to better leverage Overland’s existing global distribution network of reseller, integrators and Tier One OEM’s, along with Overland’s global manufacturing, delivery and support networks; and (iii) the complementary nature of the respective products brings together next generation technologies for virtualization and cloud computing coupled with end-to-end scalable storage offerings enabling the combined company to address the larger and growing virtualization and cloud markets.

The identified intangible assets as of the date of acquisition consisted of the following (in thousands):



	Estimated Fair Value		Weighted- Average Useful Life (years)
Channel partner relationships	$	17,000	25.0
Developed technology	15,590		7.9
Customer relationships	816		9.0
Total finite lived intangible assets	33,406		16.6
Indefinite live intangible assets - trade names	26,970		n/a
Total identified intangible assets	$	60,376

Due to the continuing integration of the combined businesses since the date of acquisition, it is impracticable to determine the earnings or loss contributed by the acquisition.

The following unaudited pro forma combined financial information gives effect to the acquisition as if it were consummated on January 1, 2014 (the beginning of the earliest fiscal period presented). The unaudited pro forma combined financial information is presented for informational purposes only, is not intended to represent or be indicative of the results of operations of us that would have been reported had the acquisition occurred on January 1, 2014, and should not be taken as representative of future consolidated results of operations of the combined company (in thousands):



	Year Ended December 31,
	2014
Net revenue	$	93,591
Net loss	$	(35,709	)
Net loss per share	$	(1.12	)

In 2014, we incurred acquisition related expenses of $2.2 million, which consisted primarily of due diligence, legal and other one-time charges, and are included in general and administrative expense in the consolidated statements of operations.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
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Reference 2: http://www.xbrl.org/2003/role/presentationRef
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Reference 5: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=56956515&loc=d3e1486-128463

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 805
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-URI http://asc.fasb.org/extlink&oid=56956791&loc=d3e4845-128472

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-Name Accounting Standards Codification
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
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-URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e7000-128479

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-Name Accounting Standards Codification
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-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=56956791&loc=d3e4926-128472

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-Publisher FASB
-Name Accounting Standards Codification
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Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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+ Details

Certain Balance Sheet Items

12 Months Ended

Dec. 31, 2015

Balance Sheet Related Disclosures [Abstract]

Supplemental Balance Sheet Disclosures [Text Block]

Certain Balance Sheet Items

The following table summarizes inventories (in thousands):



	December 31,
	2015		2014
Raw materials	$	1,734	$	3,313
Work in process	2,483		660
Finished goods	7,109		5,963
	$	11,326	$	9,936

The following table summarizes property and equipment (in thousands):



	December 31,
	2015			2014
Building	$	1,667		$	1,857
Computer equipment	1,636			748
Machinery and equipment	1,116			1,538
Leasehold improvements	1,126			957
Furniture and fixtures	89			82
	5,634			5,182
Accumulated depreciation and amortization	(1,662		)	(755		)
	$	3,972		$	4,427

Depreciation and amortization expense for property and equipment was $1.3 million and $0.3 million for the years ended December 31, 2015 and 2014, respectively.

Intangible Assets and Goodwill

12 Months Ended

Dec. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets Disclosure [Text Block]

Intangible Assets and Goodwill

The following table summarizes intangible assets, net (in thousands):



	December 31,
	2015			2014
Developed technology	$	23,684		$	28,391
Channel partner relationships⁽¹⁾	12,039			16,945
Capitalized development costs⁽¹⁾	2,856			3,302
Customer relationships⁽¹⁾	1,194			797
	39,773			49,435
Accumulated amortization
Developed technology	(7,078		)	(2,855		)
Channel partner relationships⁽¹⁾	(68		)	—
Capitalized development costs⁽¹⁾	(589		)	(272		)
Customer relationships⁽¹⁾	(99		)	(7		)
	(7,834		)	(3,134		)
Total finite-lived assets, net	31,939			46,301
Indefinite lived intangible assets - trade names	22,080			26,970
Total intangible assets, net	$	54,019		$	73,271

________________


(1)	Includes the impact of foreign currency exchange rate fluctuations.

During the fourth quarter of 2015, the Company concluded that its lower net revenue due to timing of projected growth of products and integration of channel partner relationships from the acquisition of Overland could be indicators of impairment and, therefore, had a third party impairment analysis performed. At December 31, 2015, as a result of the analysis, the Company recorded an impairment of $10.7 million of which $1.7 million related to developed technology, $4.1 million related to channel partner relationships, and $4.9 million related to trade names.

On March 21, 2014, the Company acquired from V3 Systems certain Virtual Desktop Implementation (“VDI”) technology, including V3 Desktop Cloud Orchestrator^® software, which allows administrators to manage local, cloud hosted, or hybrid virtual desktop deployments, and purpose-built, compact, efficient and easy-to-manage servers. On closing, the purchase price for the acquired assets was $14.4 million, which was paid with a combination of $4.2 million in cash and the issuance of 1,089,867 common shares at $5.92 per share. The identified intangible assets as of the date of the purchase agreement consisted of $14.4 million of developed technology with a useful life of four years. In addition, the Company was subject to an earn-out, based on the achievement of certain milestones in revenue and gross margin related to the VDI technology, of up to an additional $5.0 million. The estimated earn-out liability was $2.5 million as of December 31, 2014, and was included in other current liabilities. The earn-out period expired on June 21, 2015 and the estimated earn-out liability of $2.5 million was reversed with an offsetting reduction to developed technology.

Amortization expense of intangible assets was $6.1 million and $3.1 million for the years ended December 31, 2015 and 2014, respectively. Estimated amortization expense for intangible assets is approximately $5.1 million, $5.0 million, $3.4 million, $2.4 million, and $2.4 million in fiscal 2016, 2017, 2018, 2019 and 2020, respectively.

Goodwill

In August 2015, the Company completed an acquisition of assets related to the RDX^® removable disk product lines which resulted in an addition to goodwill of $5.3 million. In December 2014, the Company completed its acquisition of Overland which resulted in an addition to goodwill $38.8 million. For the years ended December 31, 2015 and 2014, there was no impairment recognized related to goodwill.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Debt	12 Months Ended
Debt	Dec. 31, 2015
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	Debt Convertible Notes - Related Party In December 2014, in connection with the acquisition of Overland, the existing debt of Overland and the remaining debt of the Company were amended and restated into a $19.5 million convertible note. The convertible note is scheduled to mature March 31, 2018 and bears interest at an 8% simple annual interest rate, payable semi-annually. The obligations under the convertible note are secured by all assets of the Company. The Company has the option to pay accrued and outstanding interest either entirely in cash or common shares. If the Company choses to pay the interest in common shares, the calculation is based upon the number of common shares that may be issued as payment of interest on the convertible note and will be determined by dividing the amount of interest due by current market price as defined in the convertible note agreement. In 2015, the Company issued 668,462 shares of common shares in satisfaction of $1.6 million in interest expense. The convertible note was originally convertible into common shares at a price equal to $7.50 per share in the case of $10 million of the convertible note and $8.50 per share in the case of $9.5 million of the convertible note. In November 2015, the convertible note was modified and the conversion prices of $7.50 per share and $8.50 per share were adjusted to $3.00 per share. In February 2016, in connection with the November 2015 modification and certain specified terms, the Company issued to the holder of the convertible note a warrant to purchase 500,000 common shares of the Company at a price of $1.62. At the option of the Company, the convertible note is convertible into common shares at the conversion price at any time that the weighted average trading price for the common shares exceeds 150% of the conversion price (i.e. exceeds $4.50 per share), for 10 days consecutive trading days on its principal stock exchange that the common shares trade. The convertible note contains customary covenants, including covenants that limit or restrict the Company’s ability to incur liens, incur indebtedness, or make certain restricted payments. Upon the occurrence of an event of default under the convertible note, the Holder may declare all amounts outstanding to be immediately due and payable. The convertible note specifies a number of events of default (some of which are subject to applicable grace or cure periods), including, among other things, non-payment defaults, covenant defaults, cross-defaults to other materials indebtedness, bankruptcy and insolvency defaults, and material judgment defaults. As of December 31, 2015, the Company was in compliance with all covenants of the convertible note. For the years ended December 31, 2015 and 2014, interest expense on the convertible note was $1.6 million and $0.4 million, respectively. Credit Facilities In December 2014, in connection with the acquisition of Overland, the Company assumed the existing credit facility of Overland. The credit facility was originally entered into in August 2011, as amended, and allows for revolving cash borrowings up to $8.0 million, which includes a $3.0 million sublimit for advances to one of the Company’s subsidiaries. The proceeds of the credit facility may be used to fund the Company’s working capital and to fund its general business requirements. The obligations under the credit facility are secured by substantially all assets of the Company other than the stock of its subsidiaries organized outside of the U.S. and Canada that are pledged to secure the Company’s obligations under the Company’s convertible note. In addition, the sublimit for advances to one of the Company’s subsidiaries was increased from $3.0 million to up to $3.75 million, subject to certain conditions. Borrowings under the amended credit facility bear interest at the prime rate (as defined in the credit facility) plus a margin of either 1.50% or 1.75%, depending on the Company’s net cash. Borrowings under the sublimit bear interest at the prime rate (as defined in the credit facility) plus a margin of either 2.50% or 2.75%, depending on the Company’s net cash. The amended credit facility requires the Company to comply with a performance plan as of the last date of each quarter in addition to all original compliance and covenant requirements. At December 31, 2015, the interest rates on the credit facility and the sublimit were 5.25% and 6.25%, respectively. The credit facility requires the Company to comply with a liquidity coverage ratio and contains customary covenants, including covenants that limit or restrict the Company’s and its subsidiaries’ ability to incur liens and indebtedness, make certain types of payments, merge or consolidate, and make dispositions of assets. The credit facility specifies customary events of default (some of which are subject to applicable grace or cure periods) including, among other things, non-payment defaults, covenant defaults, cross-defaults to other material indebtedness, bankruptcy and insolvency defaults, and material judgment defaults. Upon the occurrence of an event of default under the credit facilities, the lender may cease making loans, terminate the credit facility, and declare all amounts outstanding to be immediately due and deduct such amounts from the Company’s lockbox account on deposit with the bank. At December 31, 2015, the Company was in compliance with all covenants of the credit facility. At December 31, 2015, the Company had $7.4 million outstanding on the credit facility. Interest expense for the credit facility was $0.3 million for the year ended December 31, 2015. In February 2016, the credit facility was amended to extend the scheduled maturity date from February 2016 to August 2016, and the Company entered into a fee letter with the lender, which the Company agreed to pay a fee in the amount of $40,000, as well as an additional amount of $150,000 (“Additional Fee”) payable under certain circumstances. The Additional Fee, at the option of the lender, is payable in cash or in the form of a warrant for the purchase of common shares, no par value, of the Company. Related Party Credit Facility In December 2014, the Company entered into a revolving credit agreement with FBC Holdings (an affiliate of Cyrus Capital Partners) for a revolving credit facility of $5.0 million. In July 2015, the credit facility was amended to extend the scheduled maturity date to May 2016 with an automatic extension to November 2016, and the aggregate borrowing amount was increased from $5.0 million to $10.0 million. In connection with this amendment, the Company agreed to issue warrants in connection with draws on the credit facility. The credit facility contains customary covenants, including covenants that limit or restrict the Company’s and its subsidiaries’ ability to incur liens and indebtedness, make certain types of payments, merge or consolidate, and make dispositions of assets. As of December 31, 2015, the Company was not in default of any covenants of the credit facility. In February 2015, the Company issued warrants to purchase up to 100,000 common shares to FBC Holdings in connection with draws on our related party credit facility. The warrants expire in February 2018 and have an exercise price of $4.50 per share. In March 2015, the Company issued warrants to purchase up to 200,000 common shares to FBC Holdings in connection with draws on our related party credit facility. The warrants expire in March 2018 and have an exercise price of: (i) in the case of 100,000 of the warrants, $7.21 per share; and (ii) in the case of 100,000 of the warrants, $5.02 per share. In December 2015, the Company issued warrants to purchase 500,000 common shares of the Company to FBC Holdings in connection with draws on our related party credit facility. The warrants expire in December 2018 and have an exercise price of $1.54 per share. At December 31, 2015, the Company had $10.0 million outstanding on the credit facility. Interest expense for the credit facility was $1.2 million, which included $0.7 million and zero of amortization of issuance costs in 2015 and 2014, respectively. At December 31, 2015, there were $0.1 million in accrued liabilities related to fees.

Fair Value Measurements

12 Months Ended

Dec. 31, 2015

Fair Value Disclosures [Abstract]

Fair Value Disclosures [Text Block]

Fair Value Measurements

The authoritative guidance for fair value measurements establishes a three tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. These tiers include: Level 1, defined as observable inputs such as quoted prices in active markets; Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

Assets and Liabilities that are Measured at Fair Value on a Recurring Basis

Our financial instruments include cash equivalents, accounts receivable, prepaid expenses, accounts payable, accrued expenses, credit facilities, and related party long-term debt. Fair value estimates of these instruments are made at a specific point in time, based on relevant market information. These estimates may be subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. The carrying amount of cash equivalents, accounts receivable, prepaid expenses, accounts payable and accrued expenses are generally considered to be representative of their respective fair values because of the short-term nature of those instruments. The carrying amount of the credit facilities borrowings approximate their fair value as the interest rate of the credit facilities are substantially comparable to rates offered for similar debt instruments. The carrying value of long-term debt approximates its fair value as the borrowing rates are substantially comparable to rates available for loans with similar terms.

The following table provides information by level for liabilities that are measured at fair value using significant unobservable inputs (Level 3) for year ended December 31, 2015:



Warrant liability as of January 1, 2015	$	—
Additions to warrant liability	1,925
Change in fair value of warrants	(478		)
Warrant liability as of December 31, 2015	$	1,447

The Company determined the estimated fair value of the warrant liability using a Black-Scholes model using similar assumptions as disclosed in Note 9 - Equity Incentive Plan.

Assets and Liabilities that are Measured at Fair Value on a Nonrecurring Basis

The Company's non-financial assets such as goodwill, intangible assets and property and equipment are recorded at fair value when an impairment is recognized or at the time acquired in a business combination. As discussed in Note 5 - Intangible Assets and Goodwill, we recorded impairment charges associated with intangible assets and reduced the carrying amount of such assets subject to the impairment to their estimated fair value. Additionally, as discussed in Note 3 - Business Combinations, the Company acquired assets related to the RDX^® removable disk product lines during 2015 and recorded the acquired assets and liabilities, including goodwill, intangible assets and property and equipment at their estimated fair value. The determination of the estimated fair value of such assets required the use of significant unobservable inputs which would be considered Level 3 fair value measurements.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Share Capital

12 Months Ended

Dec. 31, 2015

Equity [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

Share Capital

Shares Capital Authorized

The Company has Unlimited authorized shares of common stock at no par value.

Issued and Outstanding

The Company had the following share capital issuance activity (in thousands):



	Number of Shares		Value
Issuance of common shares on acquisition of Overland	8,557		$	68,627
Issuance of common shares on acquisition of intangible assets	1,090		6,454
Issued on exercise of warrants	2,101		2,712
Issuance of common shares	1,235		8,512
Issued on conversion of convertible debt	333		2,500
Issued on exercise of options	247		148
Shares returned for payment on related party loan	(194	)	(1,513		)
Issued for future services	53		443
Issued for payment of related party debt interest	34		234
Shares issued for the year ended December 31, 2014	13,456		$	88,117

Issuance of common shares for equity financing	6,173		$	12,432
Issuance of common shares for acquisition	1,529		6,147
Issued on release of restricted stock units	1,239		(231		)
Issued for payment of related party debt interest	668		1,560
Issued for adjustment warrants	394		—
Issued on exercise of warrants	349		1,265
Issued on exercise of options	292		225
Shares issued for the year ended December 31, 2015	10,644		$	21,398

The Company has outstanding warrants to purchase up to 9,078,421 common shares of the Company. In connection with the 2014 acquisition of Overland, warrants to purchase up to 1,323,897 of common shares were issued in exchange for outstanding Overland warrants. Warrants to purchase up to 947,777 of such shares expired in February 2015. The remaining warrants to purchase up to 376,120 shares expire in March 2016 and have an exercise price of $18.44 per share. These warrants have no anti-dilution provisions.

In October 2014, the Company issued 1,235,325 common shares of the Company and 617,663 common share purchase warrants of the Company upon exercise of 1,176,500 special warrants issued in June 2014. At December 31, 2014, the Company has outstanding warrants to purchase up to 617,663 common shares under the June 2014 warrant issuance. The warrants expire in June 2016 and have an exercise price of $9.89 per share. These warrants have no anti-dilution provisions.

In February 2015, the Company issued warrants to purchase up to 100,000 common shares to FBC Holdings in connection with draws on the Company’s related party credit facility with FBC Holdings. The warrants expire in February 2018 and have an exercise price of $4.50 per share. These warrants have no anti-dilution provisions.

In March 2015, the Company issued warrants to purchase up to 200,000 common shares to FBC Holdings in connection with draws on the Company’s related party credit facility with FBC Holdings. The warrants expire in March 2018 and have an exercise price of: (i) in the case of 100,000 of the warrants, $7.21 per share; and (ii) in the case of 100,000 of the warrants, $5.02 per share. These warrants have no anti-dilution provisions.

In May and June 2015, the Company completed private placements for a total of 1,621,250 common shares of the Company and warrants to purchase up to 1,621,250 common shares for a gross purchase price of approximately $5.2 million. The purchase price for one common share and a warrant to purchase one common share was $3.20. The warrants have an exercise price of $4.00 per share and a five year term. These warrants have no anti-dilution provisions. The Company filed a registration statement to register the resale of the shares to be issued in the offering and the shares issuable upon exercise of the warrants with the U.S. Securities and Exchange Commission (“SEC”).

In August 2015, the Company completed a private placement of 606,060 common shares of the Company and warrants to purchase up to 606,060 common shares for a gross purchase price of approximately $2.0 million. The purchase price for one common share and a warrant to purchase one common share was $3.30. The warrants had an exercise price of $3.30 per share and a five year term. The Company has the right to force the exercise of the warrants if the weighted average price of the common shares for 10 consecutive trading days exceeds 400% of $2.33. In September 2015, the Company issued an additional 252,308 common shares and 252,308 warrants to purchase 252,308 common shares in conjunction with the price protection clause in effect through December 31, 2015 and the equity financing completed in September 2015. In December 2015, the Company issued an additional 141,631 common shares and 141,631 warrants to purchase 141,631 common shares in conjunction with the price protection clause and the equity financing completed in December 2015. The purchase price for one common share and a warrant to purchase one common share was adjusted to $2.33. The Company filed a registration statement to register the resale of the shares to be issued in the offering and the shares issuable upon exercise of the warrants with the SEC.

In September and October 2015, for an aggregate offering price of approximately $3.3 million, the Company entered into subscription agreements with certain investors party thereto pursuant to which the Company issued to the investors, in the aggregate, 1,417,961 of the Company’s common shares, warrants exercisable to purchase up to 354,490 common shares, and adjustment warrants (the “Adjustment Warrants”). The purchase price for one common share, a warrant to purchase one quarter of one common share (the “Warrant Shares”), and an Adjustment Warrant was $2.33. Each warrant has an initial exercise price of $2.33 per Warrant Share. The Adjustment Warrants become exercisable to purchase a number of common shares to be determined at such time following an additional financing by the Company prior to December 31, 2015. The warrants are immediately exercisable and have a five year term. Each Adjustment Warrant has an initial exercise price of $0.01 per common share. In December 2015, the Company issued an additional 1,297,435 warrants to purchase 1,297,435 common shares in conjunction with the price protection clauses in effect through December 31, 2015 and the equity financing completed in December 2015. Each warrant has an exercise price of $2.33. In December 2015, the Company issued 233,964 Adjustment Warrants to purchase 233,964 common shares in conjunction with the equity financing completed in December 2015. In January 2016, 226,539 Adjustment Warrants were exercised at $0.01 per common share. The remaining Adjustment Warrants will expire on March 31, 2016.

In December 2015, the Company completed an equity financing of 2,527,500 common shares and warrants to purchase up to 2,527,500 common shares for a gross purchase price of approximately $5.1 million. The purchase price for one common share and a warrant to purchase one common share was $2.00. The warrants have an exercise price of $2.50 per share and a five year term. The Company has the right to force the exercise of the warrants if the weighted average price of the common shares for 10 consecutive trading days exceeds 400% of $1.79. Warrants to purchase up to 1,500,000 common shares include a one-time adjustment provision, as defined in the agreement, which provides that the exercise price will be automatically adjusted, if the adjustment price as calculated on May 28, 2016, is less than $2.50. At December 31, 2015, the warrant is recorded as a liability and is included in other current liabilities.

In December 2015, the Company issued warrants to purchase up to 500,000 common shares to FBC Holdings in connection with draws on the Company’s related party credit facility with FBC Holdings. The warrants expire in December 2018 and have an exercise price of $1.54 per share.

In February 2016, in connection with our November 2015 convertible note modification and certain specified terms, the Company issued to the holder of the convertible note a warrant to purchase 500,000 common shares of the Company at a price of $1.62.

The Company had the following warrants to purchase common shares outstanding (in thousands):



		Number of Warrants
Outstanding at January 1, 2014		2,528
	Assumption of warrants from Overland	1,324
	Granted	668
	Exercised	(2,101	)
Outstanding at December 31, 2014		2,419
	Granted	8,085
	Exercised	(349	)
	Expired	(1,077	)
Outstanding at December 31, 2015		9,078

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(d),(e))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-Paragraph 4
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 4.E)
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-Name Accounting Standards Codification
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-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.29-31)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6521494

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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-Name Accounting Standards Codification
-Topic 505
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Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section E

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section C

+ Details

Equity Incentive Plan

12 Months Ended

Dec. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

Equity Incentive Plan

In June 2015, the shareholders approved the adoption of our 2015 Performance Incentive Plan (“2015 Plan”), initially authorizing the award of up to approximately 8.8 million common shares pursuant to the 2015 Plan, and our Employee Stock Purchase Plan (“ESPP”), authorizing the purchase of up to 2.0 million common shares by employees under the plan. As of December 31, 2015, there were no active ESPP participants. The 2015 Plan authorizes the board of directors to grant stock and options awards to directors, employees and consultants. The exercise price of each award is based on the market price of the Company’s stock at the date of grant. Option awards can be granted for a maximum term of up to 10 years and vest as determined by the Company’s Board of Directors. As of December 31, 2015, the Company had reserved 8.6 million shares of common stock for issuance.

Stock Options

The fair value of each option is estimated on the date of grant using the Black-Scholes option pricing model, which uses the weighted-average assumptions noted in the following table:



	Year Ended December 31,
	2015		2014
Expected volatility	93.0	%	97.0	%
Risk-free interest rate	1.5	%	1.7	%
Dividend yield	—		—
Expected term (in years)	4.7		3

The expected volatility was based on the Company’s historical stock price. The Company applies a forfeiture rate based on historical pre-vesting option cancellations. The risk-free interest rate is determined based upon a constant maturity U.S. Treasury security with a contractual life approximating the expected term of the option. The expected term of options granted is estimated based on a number of factors, including but not limited to the vesting term of the award, historical employee exercise behavior, the expected volatility of the Company’s stock and an employee’s average length of service.

Options typically vest over three years from the original grant date. Option activity is summarized below (shares and aggregate intrinsic value in thousands):



	Shares		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (years)	Aggregate Intrinsic Value
Options outstanding at January 1, 2014	2,810		$	1.11
Granted	735		$	7.08
Options assumed from acquisition	168		$	17.19
Exercised	(246	)	$	0.58
Forfeited	(74	)	$	4.51
Options outstanding at December 31, 2014	3,393		$	3.08
Granted	770		$	2.71
Exercised	(293	)	$	0.77
Forfeited	(156	)	$	13.26
Options outstanding at December 31, 2015	3,714		$	2.43	6.83	$	1,660
Vested and expected to vest at December 31, 2015	3,649		$	2.41	6.95	$	1,654
Exercisable at December 31, 2015	2,802		$	2.27	6.91	$	1,437

The following table summarizes information about the Company’s stock options (in thousands, except per share amounts):



	Year Ended December 31,
	2015		2014
Weighted-average grant date fair value per share of options granted with exercise prices:
Equal to fair value	$	2.71	$	7.08
Intrinsic value of stock options exercised	$	1,053	$	1,641
Cash received upon exercise of stock options	$	225	$	148

Restricted Stock Units

The 2015 Plan authorizes the grant of restricted stock to employees, directors, and consultants. In December 2014, in connection with the acquisition of Overland, the Company assumed 673,776 RSUs, of which 359,482 units became vested at the close of the acquisition and were included in the purchase price. These 359,482 units were released in 2015. The fair value of each assumed restricted stock unit was the market price of the Company’s stock on the date of the Overland acquisition, or $7.71.

The following table summarizes information about RSU activity (in thousands, except per share amounts):



	Number of Shares		Weighted Average Grant Date Fair Value
Outstanding — January 1, 2014	—		$	—
Awards assumed from acquisition	674		7.71
Forfeited	(1	)	7.71
Outstanding — December 31, 2014	673		7.71
Granted	6,391		3.56
Vested and released	(1,308	)	5.27
Forfeited	(138	)	4.71
Outstanding — December 31, 2015	5,618		$	3.66

The estimated fair value of RSUs was based on the market value of the Company’s common shares on the date of grant. RSUs typically vest over a three year period from the original date of grant. The total intrinsic value of RSUs vested during the years ended December 31, 2015 and 2014 was approximately $14,000 and zero, respectively.

For the years ended December 31, 2015 and 2014, the Company recognized $5.7 million and $0.2 million, respectively, for share-based compensation expense related to restricted stock awards.

Share-Based Compensation Expense

The Company recorded the following compensation expense related to its share-based compensation awards (in thousands):



	Year Ended December 31,
	2015		2014
Cost of product sales	$	183	$	—
Sales and marketing	3,090		1,072
Research and development	1,050		22
General and administrative	2,831		2,159
Total share-based compensation expense	$	7,154	$	3,253

There was $9,000 and $347,000 of share-based compensation capitalized as development costs for the years ended December 31, 2015 and 2014, respectively. As of December 31, 2015, there was a total of $18.1 million of unrecognized compensation expense related to unvested equity-based compensation awards. The expense associated with non-vested restricted stock units and options awards granted prior to December 31, 2015 is expected to be recognized over a weighted-average period of 1.5 years.

Net Loss Per Share

12 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Net Loss per Share

Basic net loss per share is computed by dividing net loss applicable to common shareholders by the weighted-average number of common shares outstanding during the period. For all periods presented, there is no difference in the number of shares used to calculate basic and diluted shares outstanding due to the Company’s net loss position.

Anti-dilutive common share equivalents excluded from the computation of diluted net loss per share were as follows (in thousands):



	December 31,
	2015	2014
Common stock purchase warrants	9,078	2,419
Convertible notes	6,500	2,451
Restricted stock not yet vested and released	5,618	673
Options outstanding	3,714	3,393
Convertible notes interest	2,316	657
VDI earn-out liability	—	1,051

Income Taxes

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Income Tax Disclosure [Text Block]

Income Taxes

The Company recognizes the impact of an uncertain income tax position on its income tax return at the largest amount that is “more likely than not” to be sustained upon audit by the relevant taxing authority. An uncertain tax position will not be recognized if it has less than a 50% likelihood of being sustained.

The following is a summary of the changes in the amount of unrecognized tax benefits (in thousands):



	Year Ended December 31,
	2015		2014
Unrecognized tax benefits at the beginning of the period	$	673	$	—
Increase related to prior periods	—		673
Unrecognized tax benefits	$	673	$	673

At December 31, 2015, there were no unrecognized tax benefits presented as a component of long-term liabilities in the accompanying consolidated balance sheet. At December 31, 2015, there was $0.7 million presented as a reduction of the related deferred tax asset for which there is full valuation allowance, of which $0.5 million will affect the effective tax rate if recognized. However, the portion that would be recognized as an increase to deferred tax assets may result in a corresponding increase in the valuation allowance at the time of recognition resulting in no net effect to the effective tax rate, depending upon the Company’s assessment of the likelihood of realization of the tax benefits at the time they are recognized.

The Company believes it is reasonably possible that, within the next 12 months, the amount of unrecognized tax benefits may remain unchanged. The Company recognizes interest and penalties related to unrecognized tax benefits in its provision for income taxes. The Company had no material accrual for interest and penalties on its consolidated balance sheets at December 31, 2015 and 2014, and recognized no interest and/or penalties in the consolidated statements of operations for the years ended December 31, 2015 and 2014.

The components of loss before income taxes were as follows (in thousands):



	Year Ended December 31,
	2015			2014
Domestic	$	(8,549	)	$	(11,038	)
Foreign	(40,044		)	(1,642		)
Total	$	(48,593	)	$	(12,680	)

The provision for income taxes includes the following (in thousands):



	Year Ended December 31,
	2015			2014
Current:
Federal	$	—		$	—
State	—			—
Foreign	266			45
Total current	266			45
Deferred:
Federal	—			—
Foreign	(1,632		)	(3		)
Total deferred	(1,632		)	(3		)
Provision for income taxes	$	(1,366	)	$	42

A reconciliation of income taxes computed by applying the federal statutory income tax rate of 26.5% to loss before income taxes to the total income tax (benefit) provision reported in the accompanying consolidated statements of operations is as follows (in thousands):



	Year Ended December 31,
	2015			2014
Income tax at statutory rate	$	(12,877	)	$	(3,360	)
Foreign rate differential	(2,038		)	(354		)
Increase in valuation allowance	12,689			2,952
Share-based compensation expense	1,567			812
Other differences	(707		)	(8		)
(Benefit from) provision for income taxes	$	(1,366	)	$	42

Deferred income taxes reflect the net effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company’s deferred tax assets and liabilities are shown below. A full valuation allowance has been recorded, as realization of such assets is uncertain. Deferred income taxes are comprised as follows (in thousands):



	December 31,
	2015			2014
Deferred tax assets:
Net operating loss carryforward:	$	82,636		$	71,146
Intangible assets	1,198			(609		)
Tax credits	3,380			3,377
Inventory	2,344			3,130
Share-based compensation	852			1,347
Warranty and extended warranty	1,924			1,058
Other	1,182			1,377
Deferred tax asset, gross	93,516			80,826
Valuation allowance for deferred tax assets	(93,516		)	(80,826		)
	—			—
Deferred tax liabilities	(2,755		)	(4,387		)
Net deferred tax liabilities	$	(2,755	)	$	(4,387	)

At December 31, 2015, the Company had Canadian net operating loss carryforwards of $12.7 million. These carryforwards will begin expiring in 2031, unless previously utilized.

At December 31, 2015, the Company had U.S. federal and state net operating loss carryforwards of $198.5 million and $118.0 million, respectively. These amounts include share-based compensation deductions of $1.0 million that will be recorded to contributed capital when realized. The remaining federal net operating loss will begin expiring in 2022 unless previously utilized. State net operating loss carryforwards began expiring in 2016 unless previously utilized.

The Company’s ability to use its U.S. federal and state net operating loss and research and development credit carryforwards may be substantially limited due to ownership change limitations that may have occurred or that could occur in the future, as required by Section 382 of the Internal Revenue Code of 1986, as amended, as well as similar state provisions. The Company has not completed a study to assess whether an ownership change has occurred or whether there have been multiple ownership changes since the Company became a “loss corporation” under the definition of Section 382. Due to the existence of the valuation allowance, it is not expected that any possible limitation will have an impact on the results of operations or financial position of the Company.

At December 31, 2015, the Company had federal and California research and development tax credit carryforwards totaling $1.2 million and $3.4 million, respectively. The California research credit may be carried forward indefinitely. The federal research credit will begin expiring in 2024 unless previously utilized. In addition, the Company has foreign tax credit totaling $0.3 million, which began expiring in 2016 unless previously utilized. The Company has federal alternative minimum tax credit carryforwards totaling $0.2 million which can be carried forward indefinitely.

Related Party Transactions	12 Months Ended
Related Party Transactions	Dec. 31, 2015
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	Related Party Transactions In July 2013, the Company entered into a supply agreement, and a technology license agreement, with Overland. As payments under the supply agreement, Sphere 3D issued common shares with a value as of the date of issuance equal to zero and $0.5 million to Overland during each of the years ended December 31, 2015 and 2014, respectively. In September 2014, the Company entered into a commercial relationship with a third party customer to sell a license to its Glassware product. The customer required that the Glassware product be provided through one of its preapproved distribution partners. The Company did not have a relationship with such distribution partner and in order to facilitate such transaction on a timely basis, the Company and Overland agreed that Overland would purchase the Glassware product from the Company and resell it to the distribution partner, with whom Overland had a preexisting relationship. The Company recognized zero and $0.8 million in revenue related to these agreements during the years ended December 31, 2015 and 2014, respectively. The Company made purchases of $1.4 million from Overland related to the supply agreement prior to the acquisition of Overland on December 1, 2014. No amounts were included in other current assets and accounts payable under these agreements as of December 31, 2015 and 2014. The Company recognized zero and $0.2 million in interest income from a promissory note due from Overland during the years ended December 31, 2015 and 2014, respectively. No amounts were included in other current assets for interest income as of December 31, 2015 and 2014. Legal and professional services of $0.5 million and $0.1 million were provided by affiliates of the Company during the years ended December 31, 2015 and 2014, respectively. As of December 31, 2015 and 2014, accounts payable and accrued liabilities included $0.2 million due to related parties.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References + Details

401K Plan	12 Months Ended
401K Plan	Dec. 31, 2015
401K Plan [Abstract]
Compensation and Employee Benefit Plans [Text Block]	401K Plan The Company maintains an employee savings and retirement plan (the “401(k) Plan”) covering all of the Company’s employees. The 401(k) Plan permits but does not require matching contributions by the Company on behalf of participants. The Company does not make matching contributions.

Commitment and Contingencies

12 Months Ended

Dec. 31, 2015

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies Disclosure [Text Block]

Commitments and Contingencies

Leases

The Company leases various office space, production facilities, and vehicles under non-cancelable operating leases that expire in various years through 2021. Future minimum lease payments as of December 31, 2015 under these arrangements are as follows (in thousands):



	Minimum Lease Payments
2016	$	1,620
2017	843
2018	559
2019	552
2020	195
Thereafter	18
Total	$	3,787

Rent expense under non-cancelable operating leases is recognized on a straight-line basis over the respective lease terms and was $2.1 million and $0.3 million for the years ended December 31, 2015 and 2014, respectively.

Letters of credit

During the ordinary course of business, the Company provides standby letters of credit to third parties as required for certain transactions initiated by the Company. As of December 31, 2015, the Company’s had standby letters of credit of $0.6 million that were not recorded on the Company’s consolidated balance sheets.

Warranty and Extended Warranty

The Company had $0.6 million and $0.9 million in deferred costs included in other current and non-current assets related to deferred service revenue at December 31, 2015 and 2014, respectively. Changes in the liability for product warranty and deferred revenue associated with extended warranties and service contracts were as follows (in thousands):



	Product Warranty			Deferred Revenue
Liability at January 1, 2014	$	—		$	—
Liabilities assumed from acquisition	1,451			8,538
Settlements made during the period	(106		)	(1,063		)
Change in liability for warranties issued during the period	42			1,467
Change in liability for pre-existing warranties	50			6
Liability at December 31, 2014	1,437			8,948
Liabilities assumed from acquisition	20			—
Settlements made during the period	(224		)	(8,952		)
Change in liability for warranties issued during the period	398			7,047
Change in liability for pre-existing warranties	(602		)	—
Liability at December 31, 2015	$	1,029		$	7,043
Current liability	$	652		$	5,405
Non-current liability	377			1,638
Liability at December 31, 2015	$	1,029		$	7,043

Litigation

The Company is, from time to time, subject to claims and suits arising in the ordinary course of business. In the opinion of management, the ultimate resolution of such pending proceedings will not have a material effect on the Company’s results of operations, financial position or cash flows.

Patent Litigation Funding Agreement

In December 2010, we entered into a litigation funding agreement (the “Funding Agreement”) with Special Situations Fund III QP, L.P., Special Situations Private Equity Fund, L.P., Special Situations Technology Fund, L.P., and Special Situations Technology Fund II, L.P. (collectively, the “Special Situations Funds”) pursuant to which the Special Situations Funds agreed to fund certain patent litigation brought by the Company. In May 2014, the Special Situations Funds filed a complaint against us in the Supreme Court for New York County, alleging breach of the Funding Agreement. The Special Situations Funds allege that our January 2014 acquisition of Tandberg Data entitled the Special Situation Funds to a $6.0 million payment under the Funding Agreement, and therefore the Company’s refusal to make the payment constitutes a breach of the Funding Agreement by us. In November 2014, the Special Situations Funds amended their complaint to allege that we breached the Funding Agreement’s implied covenant of good faith and fair dealing by settling the patent litigation with BDT in bad faith to avoid a payment obligation under the Funding Agreement. The Special Situations Funds are seeking $6.0 million in contractual damages as well as costs and fees. We believe the lawsuit to be without merit and intend to vigorously defend against the action. Discovery has closed, and the parties are briefing motions for summary judgment.

Patent Infringement

In June 2012, Overland filed patent infringement lawsuits in the United States (“U.S.”) District Court for the Southern District of California against Spectra Logic Corporation (“Spectra Logic”), based in Boulder, Colorado and Qualstar Corporation (“Qualstar”), based in Simi Valley, California. In the Spectra Logic case, Overland claimed infringement of U.S. Patent Nos. 6,328,766 and 6,353,581. In the Qualstar case, Overland claimed infringement of U.S. Patent No. 6,328,766. In August 2015, Overland and Spectra Logic entered into a settlement agreement to resolve all litigation, and the litigation has now been dismissed. In August 2015, Overland dismissed its claims against Qualstar.

In May 2013, Safe Storage LLC (“Safe Storage”), a Delaware limited liability company, filed a complaint against Overland in the U.S. District Court for the District of Delaware alleging infringement of U.S. Patent No. 6,978,346 by our products. Safe Storage is seeking monetary damages from us and injunctive relief. In January 2015, the Delaware district court entered an order staying Safe Storage’s case against us pending the outcome of a Petition for Inter Partes Review of the claims of U.S. Patent No. 6,978,346 filed by defendants in other Safe Storage litigation (IPR2014-00901). On December 9, 2015, a Final Decision was issued in the Inter Partes Review proceeding finding the challenged claims to be patentable over the cited prior art. Those defendants have the right to appeal the decision to the Court of Appeals for the Federal Circuit. On January 8, 2016, Safe Storage filed an opposed motion to lift the stay in the case. On March 11, 2016, the Court denied the motion and ruled that the stay will remain in place until any appeal of the IPR proceeding is resolved.

Merger

In May 2014, we announced that we had signed an agreement and plan of merger with Overland. Since the merger was announced, four separate putative shareholder class action lawsuits were filed against us, Overland, and all of its directors in the California Superior Court in and for the County of San Diego (the “Court”). Three of the lawsuits also named Cyrus Capital Partners, the majority shareholder of Overland, as a defendant. On June 25, 2014, the Court entered an order providing for the consolidation of all cases relating to Overland’s decision to enter into the merger agreement with Sphere 3D. These cases have been consolidated before a single judge and are referred to as In re Overland Storage Inc., Shareholder Litigation, Lead Case No. 37-2014-00016017-CU-SL-CTL (the “Consolidated Action”). On July 30, 2014, the plaintiffs filed their consolidated amended complaint. The lawsuit alleged breaches of fiduciary duties and conflicts of interest against Overland’s directors relating to the merger process, the terms of the merger agreement, and the consideration to be received by Overland’s shareholders under the terms of the merger agreement. The lawsuit alleged that we and the other defendants aided and abetted the purported breaches of fiduciary duties by Overland’s directors. The relief sought included an injunction prohibiting the consummation of the merger, rescission of the merger to the extent already implemented or rescissory damages, damages, and an award of attorneys’ fees and costs.

On October 13, 2014, the plaintiffs and the defendants entered into a memorandum of understanding (the “Memorandum of Understanding”) to settle the Consolidated Action subject to court approval. The Memorandum of Understanding provided, among other things, for the inclusion of supplemental disclosures in Amendment No. 2 to the Registration Statement on Form F-4 that was filed with the SEC on October 14, 2014. On April 20, 2015, as provided in the Memorandum of Understanding, the plaintiffs and the defendants entered into a stipulation of settlement (the “Stipulation”) to settle the Consolidated Action subject to court approval. The settlement terms in the Stipulation were as had been provided for in the Memorandum of Understanding. On June 26, 2015, the Court preliminarily approved the proposed settlement, and on October 2, 2015, the Court granted final settlement approval and dismissed the litigation as provided for in the settlement.

Other

On April 9, 2015, Imation filed a complaint in Minnesota state court alleging claims for declaratory relief, breach of contract, and tortious interference with contract against Tandberg Data Corp., Tandberg Data Holdings S.a.r.L., Overland Storage, Inc., and Sphere 3D Corp. (collectively “Defendants”) related to Imation’s RDX business. In the lawsuit, Imation accuses Defendants of anticipatory breach of an RDX-related license agreement that Imation entered into with ProStor Systems, Inc. (“ProStor”) in 2006. This lawsuit was dismissed with prejudice on August 11, 2015 in connection with the Company’s purchase of the assets related to the RDX^® removable disk product lines and existing related inventory assets from Imation.

In April 2015, we filed a proof of claim in connection with bankruptcy proceedings of V3 Systems, Inc. (“V3”) based on breaches by V3 of the Asset Purchase Agreement entered into between V3 and the Company dated February 11, 2014 (the “APA”). On October 6, 2015, U.S. Dissolution Liquidating Trust (“UD Trust”), the apparent successor to V3, filed a complaint against us and certain of our current and former directors in the U.S. Bankruptcy Court for the District of Utah Central Division objecting to our proof of claim and asserting claims for affirmative relief against us and our directors. This complaint alleges, among other things, that Sphere breached the APA and engaged in certain other actions and/or omissions that caused V3 to be unable to timely sell the Sphere common shares received by V3 pursuant to the APA. The plaintiff seeks, among other things, monetary damages for the loss of the potential earn-out consideration, the value of the common shares held back by us pursuant to the APA and costs and fees. We believe the lawsuit to be without merit and intend to vigorously defend against the action.

On December 23, 2015, we filed a motion seeking to dismiss the majority of the claims asserted by the UD Trust. On January 13, 2016, we filed a counterclaim against the UD Trust in which we allege that V3 breached numerous provisions of the APA. In addition, we filed a motion seeking to withdraw the reference to the Bankruptcy Court and to instead have this dispute decided by the U.S. District Court for the District of Utah.

Segment Disclosure

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Segment Disclosure

The Company reports segment information as a single reportable business segment based upon the manner in which related information is organized, reviewed, and managed. The Company operates in one segment providing data storage and desktop virtualization solutions for small and medium businesses and distributed enterprises. The Company conducts business globally, and its sales and support activities are managed on a geographic basis. Our management reviews financial information presented on a consolidated basis, accompanied by disaggregated information it receives from its internal management system about revenues by geographic region, based on the location from which the customer relationship is managed, for purposes of allocating resources and evaluating financial performance.

Information about Products and Services

The following table summarizes net revenue (in thousands):



	Year Ended December 31,
	2015		2014
Disk systems	$	39,836	$	8,518
Tape automation systems	12,764		1,868
Tape drives and media	12,914		1,815
Service	10,651		1,268
Total	$	76,165	$	13,469

Information about Geographic Areas

The Company markets its products domestically and internationally, with its principal international market being Europe. Revenue is attributed to the location to which the product was shipped. The Company divides its worldwide sales into three geographical regions: the Americas, consisting of U.S., Canada and Latin America; EMEA, consisting of Europe, the Middle East and Africa; and APAC, consisting of Asia Pacific countries.

The following table summarizes net revenue by geographic area (in thousands):



	Year Ended December 31,
	2015		2014
EMEA	$	39,331	$	7,172
Americas	25,284		4,749
APAC	11,550		1,548
Total	$	76,165	$	13,469

During 2015 and 2014, there were two geographic areas with specific concentrations of net revenues greater than 10%. Revenues from customers in the U.S. comprised $19.1 million and $3.8 million of Americas net revenues during the year ended December 31, 2015 and 2014, respectively. Revenue from customers in Germany accounted for $17.2 million and $1.9 million of EMEA’s net revenues during the year ended December 31, 2015 and 2014, respectively.

The following table presents property and equipment information for geographic areas based on the physical location of the assets (in thousands):



	Year Ended December 31,
	2015		2014
Europe	$	1,779	$	2,038
Americas	1,584		1,340
Asia Pacific	609		1,049
Total	$	3,972	$	4,427

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8380-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 10
-Section 50
-Paragraph 32
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 35
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8984-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9031-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9054-108599

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
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-Paragraph 10
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Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599

+ Details

Subsequent Event	12 Months Ended
Subsequent Event	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Events [Text Block]	Subsequent Event On March 25, 2016, the Company entered into a Warrant Exchange Agreement with an existing holder of 3,031,249 warrants to purchase 3,031,249 common shares of the Company. The holder agreed to exchange all of their existing warrants for new warrants of 7,199,216 entitling the holder to purchase up to, in aggregate, 7,199,216 common shares of the Company at an exercise price of $1.22. On March 25, 2016, the holder exercised 3,031,249 of the new warrants for 3,031,249 common shares of the Company. The Company received $3.7 million in proceeds from the exercise of the new warrants. The expiration date for the remaining balance of the new warrants is March 25, 2021.

Significant Accounting Policies (Policies)

12 Months Ended

Dec. 31, 2015

Accounting Policies [Abstract]

Consolidation, Policy [Policy Text Block]

Principles of Consolidation

Reclassification, Policy [Policy Text Block]

Reclassifications

Certain prior year amounts have been reclassified to conform to the 2015 presentation.

Use of Estimates, Policy [Policy Text Block]

Use of Estimates

Foreign Currency Transactions and Translations Policy [Policy Text Block]

Foreign Currency Translation

Cash and Cash Equivalents, Policy [Policy Text Block]

Cash Equivalents

Trade and Other Accounts Receivable, Policy [Policy Text Block]

Accounts Receivable

Inventory, Policy [Policy Text Block]

Inventories

Property, Plant and Equipment, Policy [Policy Text Block]

Property and Equipment

Estimated useful lives are as follows:



Building	40 years
Machinery and equipment	3-5 years
Furniture and fixtures	5 years
Computer equipment and software	1-5 years

Goodwill and Intangible Assets, Policy [Policy Text Block]

Goodwill and Intangible Assets

Impairment or Disposal of Long-Lived Assets, Including Intangible Assets, Policy [Policy Text Block]

Impairment of Goodwill, Other Indefinite-Lived Intangible Assets and Long-Lived Assets

Revenue Recognition, Policy [Policy Text Block]

Revenue Recognition

Standard Product Warranty, Policy [Policy Text Block]

Warranty and Extended Warranty

Extended Product Warranty, Policy [Policy Text Block]

Shipping and Handling Cost, Policy [Policy Text Block]

Shipping and Handling

Amounts billed to customers for shipping and handling are included in product revenue, and costs incurred related to shipping and handling are included in cost of product revenue.

Advertising Costs, Policy [Policy Text Block]

Advertising Costs

Advertising costs are expensed as incurred.

Research and Development Expense, Policy [Policy Text Block]

Research and Development Costs

Segment Reporting, Policy [Policy Text Block]

Segment Information

Income Tax, Policy [Policy Text Block]

Income Taxes

Comprehensive Income, Policy [Policy Text Block]

Comprehensive Loss

Concentration Risk, Credit Risk, Policy [Policy Text Block]

Concentration of Credit Risks

Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]

Share-based Compensation

New Accounting Pronouncements, Policy [Policy Text Block]

Recently Issued Accounting Pronouncements

Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2015

Accounting Policies [Abstract]

Property and equipment, useful life [Table Text Block]

Estimated useful lives are as follows:



Building	40 years
Machinery and equipment	3-5 years
Furniture and fixtures	5 years
Computer equipment and software	1-5 years

Business Combinations (Tables)

12 Months Ended

Dec. 31, 2015

Business Combinations [Abstract]

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

A summary of the estimated fair values of the assets acquired and liabilities assumed as of the closing date is as follows (in thousands):



Cash and cash equivalents	$	2,312
Accounts receivable	10,558
Inventories	9,387
Property and equipment	4,117
Identifiable intangible assets	60,376
Other assets	2,364
Total identifiable assets acquired	89,114
Current liabilities	(28,133		)
Debt - current	(4,749		)
Debt - long term	(17,000		)
Other liabilities	(3,990		)
Deferred tax liabilities	(4,412		)
Total identifiable liabilities assumed	(58,284		)
Net identifiable net assets acquired	30,830
Goodwill	38,821
Net assets acquired	$	69,651

A summary of the preliminary estimated fair values of the assets acquired and liabilities assumed is as follows (in thousands):



Inventory	$	1,673
Other current assets	100
Property and equipment	789
Identifiable intangible assets	670
Total identifiable assets acquired	3,232
Contingent liability	(2,376		)
Other liabilities	(20		)
Net identifiable assets acquired	836
Goodwill	5,311
Net assets acquired	$	6,147

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]

The identified intangible assets as of the date of acquisition consisted of the following (in thousands):



	Estimated Fair Value		Weighted- Average Useful Life (years)
Developed technology	$	190	0.5
Customer relationships	480		21.3
Total identified intangible assets	$	670	15.4

The identified intangible assets as of the date of acquisition consisted of the following (in thousands):



	Estimated Fair Value		Weighted- Average Useful Life (years)
Channel partner relationships	$	17,000	25.0
Developed technology	15,590		7.9
Customer relationships	816		9.0
Total finite lived intangible assets	33,406		16.6
Indefinite live intangible assets - trade names	26,970		n/a
Total identified intangible assets	$	60,376

Business Acquisition, Pro Forma Information [Table Text Block]



	Year Ended December 31,
	2014
Net revenue	$	93,591
Net loss	$	(35,709	)
Net loss per share	$	(1.12	)

Certain Balance Sheet Items (Tables)

12 Months Ended

Dec. 31, 2015

Balance Sheet Related Disclosures [Abstract]

Schedule of Inventory, Current [Table Text Block]

The following table summarizes inventories (in thousands):



	December 31,
	2015		2014
Raw materials	$	1,734	$	3,313
Work in process	2,483		660
Finished goods	7,109		5,963
	$	11,326	$	9,936

Property, Plant and Equipment [Table Text Block]

The following table summarizes property and equipment (in thousands):



	December 31,
	2015			2014
Building	$	1,667		$	1,857
Computer equipment	1,636			748
Machinery and equipment	1,116			1,538
Leasehold improvements	1,126			957
Furniture and fixtures	89			82
	5,634			5,182
Accumulated depreciation and amortization	(1,662		)	(755		)
	$	3,972		$	4,427

Intangible Assets and Goodwill (Tables)

12 Months Ended

Dec. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets [Table Text Block]

The following table summarizes intangible assets, net (in thousands):



	December 31,
	2015			2014
Developed technology	$	23,684		$	28,391
Channel partner relationships⁽¹⁾	12,039			16,945
Capitalized development costs⁽¹⁾	2,856			3,302
Customer relationships⁽¹⁾	1,194			797
	39,773			49,435
Accumulated amortization
Developed technology	(7,078		)	(2,855		)
Channel partner relationships⁽¹⁾	(68		)	—
Capitalized development costs⁽¹⁾	(589		)	(272		)
Customer relationships⁽¹⁾	(99		)	(7		)
	(7,834		)	(3,134		)
Total finite-lived assets, net	31,939			46,301
Indefinite lived intangible assets - trade names	22,080			26,970
Total intangible assets, net	$	54,019		$	73,271

________________


(1)	Includes the impact of foreign currency exchange rate fluctuations.

Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2015

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

The following table provides information by level for liabilities that are measured at fair value using significant unobservable inputs (Level 3) for year ended December 31, 2015:



Warrant liability as of January 1, 2015	$	—
Additions to warrant liability	1,925
Change in fair value of warrants	(478		)
Warrant liability as of December 31, 2015	$	1,447

Share Capital (Tables)

12 Months Ended

Dec. 31, 2015

Equity [Abstract]

Schedule of Capital Units [Table Text Block]

The Company had the following share capital issuance activity (in thousands):



	Number of Shares		Value
Issuance of common shares on acquisition of Overland	8,557		$	68,627
Issuance of common shares on acquisition of intangible assets	1,090		6,454
Issued on exercise of warrants	2,101		2,712
Issuance of common shares	1,235		8,512
Issued on conversion of convertible debt	333		2,500
Issued on exercise of options	247		148
Shares returned for payment on related party loan	(194	)	(1,513		)
Issued for future services	53		443
Issued for payment of related party debt interest	34		234
Shares issued for the year ended December 31, 2014	13,456		$	88,117

Issuance of common shares for equity financing	6,173		$	12,432
Issuance of common shares for acquisition	1,529		6,147
Issued on release of restricted stock units	1,239		(231		)
Issued for payment of related party debt interest	668		1,560
Issued for adjustment warrants	394		—
Issued on exercise of warrants	349		1,265
Issued on exercise of options	292		225
Shares issued for the year ended December 31, 2015	10,644		$	21,398

Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]

The Company had the following warrants to purchase common shares outstanding (in thousands):



		Number of Warrants
Outstanding at January 1, 2014		2,528
	Assumption of warrants from Overland	1,324
	Granted	668
	Exercised	(2,101	)
Outstanding at December 31, 2014		2,419
	Granted	8,085
	Exercised	(349	)
	Expired	(1,077	)
Outstanding at December 31, 2015		9,078

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References + Details

Equity Incentive Plan (Tables)

12 Months Ended

Dec. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]

The fair value of each option is estimated on the date of grant using the Black-Scholes option pricing model, which uses the weighted-average assumptions noted in the following table:



	Year Ended December 31,
	2015		2014
Expected volatility	93.0	%	97.0	%
Risk-free interest rate	1.5	%	1.7	%
Dividend yield	—		—
Expected term (in years)	4.7		3

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

Options typically vest over three years from the original grant date. Option activity is summarized below (shares and aggregate intrinsic value in thousands):



	Shares		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (years)	Aggregate Intrinsic Value
Options outstanding at January 1, 2014	2,810		$	1.11
Granted	735		$	7.08
Options assumed from acquisition	168		$	17.19
Exercised	(246	)	$	0.58
Forfeited	(74	)	$	4.51
Options outstanding at December 31, 2014	3,393		$	3.08
Granted	770		$	2.71
Exercised	(293	)	$	0.77
Forfeited	(156	)	$	13.26
Options outstanding at December 31, 2015	3,714		$	2.43	6.83	$	1,660
Vested and expected to vest at December 31, 2015	3,649		$	2.41	6.95	$	1,654
Exercisable at December 31, 2015	2,802		$	2.27	6.91	$	1,437

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value [Table Text Block]

The following table summarizes information about the Company’s stock options (in thousands, except per share amounts):



	Year Ended December 31,
	2015		2014
Weighted-average grant date fair value per share of options granted with exercise prices:
Equal to fair value	$	2.71	$	7.08
Intrinsic value of stock options exercised	$	1,053	$	1,641
Cash received upon exercise of stock options	$	225	$	148

Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]

The following table summarizes information about RSU activity (in thousands, except per share amounts):



	Number of Shares		Weighted Average Grant Date Fair Value
Outstanding — January 1, 2014	—		$	—
Awards assumed from acquisition	674		7.71
Forfeited	(1	)	7.71
Outstanding — December 31, 2014	673		7.71
Granted	6,391		3.56
Vested and released	(1,308	)	5.27
Forfeited	(138	)	4.71
Outstanding — December 31, 2015	5,618		$	3.66

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]

The Company recorded the following compensation expense related to its share-based compensation awards (in thousands):



	Year Ended December 31,
	2015		2014
Cost of product sales	$	183	$	—
Sales and marketing	3,090		1,072
Research and development	1,050		22
General and administrative	2,831		2,159
Total share-based compensation expense	$	7,154	$	3,253

Net Loss Per Share (Tables)

12 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

Anti-dilutive common share equivalents excluded from the computation of diluted net loss per share were as follows (in thousands):



	December 31,
	2015	2014
Common stock purchase warrants	9,078	2,419
Convertible notes	6,500	2,451
Restricted stock not yet vested and released	5,618	673
Options outstanding	3,714	3,393
Convertible notes interest	2,316	657
VDI earn-out liability	—	1,051

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

The following is a summary of the changes in the amount of unrecognized tax benefits (in thousands):



	Year Ended December 31,
	2015		2014
Unrecognized tax benefits at the beginning of the period	$	673	$	—
Increase related to prior periods	—		673
Unrecognized tax benefits	$	673	$	673

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

The components of loss before income taxes were as follows (in thousands):



	Year Ended December 31,
	2015			2014
Domestic	$	(8,549	)	$	(11,038	)
Foreign	(40,044		)	(1,642		)
Total	$	(48,593	)	$	(12,680	)

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The provision for income taxes includes the following (in thousands):



	Year Ended December 31,
	2015			2014
Current:
Federal	$	—		$	—
State	—			—
Foreign	266			45
Total current	266			45
Deferred:
Federal	—			—
Foreign	(1,632		)	(3		)
Total deferred	(1,632		)	(3		)
Provision for income taxes	$	(1,366	)	$	42

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]



	Year Ended December 31,
	2015			2014
Income tax at statutory rate	$	(12,877	)	$	(3,360	)
Foreign rate differential	(2,038		)	(354		)
Increase in valuation allowance	12,689			2,952
Share-based compensation expense	1,567			812
Other differences	(707		)	(8		)
(Benefit from) provision for income taxes	$	(1,366	)	$	42

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Significant components of the Company’s deferred tax assets and liabilities are shown below. A full valuation allowance has been recorded, as realization of such assets is uncertain. Deferred income taxes are comprised as follows (in thousands):



	December 31,
	2015			2014
Deferred tax assets:
Net operating loss carryforward:	$	82,636		$	71,146
Intangible assets	1,198			(609		)
Tax credits	3,380			3,377
Inventory	2,344			3,130
Share-based compensation	852			1,347
Warranty and extended warranty	1,924			1,058
Other	1,182			1,377
Deferred tax asset, gross	93,516			80,826
Valuation allowance for deferred tax assets	(93,516		)	(80,826		)
	—			—
Deferred tax liabilities	(2,755		)	(4,387		)
Net deferred tax liabilities	$	(2,755	)	$	(4,387	)

Commitment and Contingencies (Tables)

12 Months Ended

Dec. 31, 2015

Commitments and Contingencies Disclosure [Abstract]

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

Future minimum lease payments as of December 31, 2015 under these arrangements are as follows (in thousands):



	Minimum Lease Payments
2016	$	1,620
2017	843
2018	559
2019	552
2020	195
Thereafter	18
Total	$	3,787

Schedule of Product Warranty Liability [Table Text Block]

Changes in the liability for product warranty and deferred revenue associated with extended warranties and service contracts were as follows (in thousands):



	Product Warranty			Deferred Revenue
Liability at January 1, 2014	$	—		$	—
Liabilities assumed from acquisition	1,451			8,538
Settlements made during the period	(106		)	(1,063		)
Change in liability for warranties issued during the period	42			1,467
Change in liability for pre-existing warranties	50			6
Liability at December 31, 2014	1,437			8,948
Liabilities assumed from acquisition	20			—
Settlements made during the period	(224		)	(8,952		)
Change in liability for warranties issued during the period	398			7,047
Change in liability for pre-existing warranties	(602		)	—
Liability at December 31, 2015	$	1,029		$	7,043
Current liability	$	652		$	5,405
Non-current liability	377			1,638
Liability at December 31, 2015	$	1,029		$	7,043

Segment Disclosure (Tables)

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Revenue from External Customers by Products and Services [Table Text Block]

The following table summarizes net revenue (in thousands):



	Year Ended December 31,
	2015		2014
Disk systems	$	39,836	$	8,518
Tape automation systems	12,764		1,868
Tape drives and media	12,914		1,815
Service	10,651		1,268
Total	$	76,165	$	13,469

Revenue from External Customers by Geographic Areas [Table Text Block]

The following table summarizes net revenue by geographic area (in thousands):



	Year Ended December 31,
	2015		2014
EMEA	$	39,331	$	7,172
Americas	25,284		4,749
APAC	11,550		1,548
Total	$	76,165	$	13,469

Long-lived Assets by Geographic Areas [Table Text Block]

The following table presents property and equipment information for geographic areas based on the physical location of the assets (in thousands):



	Year Ended December 31,
	2015		2014
Europe	$	1,779	$	2,038
Americas	1,584		1,340
Asia Pacific	609		1,049
Total	$	3,972	$	4,427

Organization and Business (Details) $ in Millions	12 Months Ended
Organization and Business (Details) $ in Millions	Dec. 31, 2015 USD ($)
Debt Instrument [Line Items]
Non-Binding Proposal for Debt Financing	$ 20.0
Cyrus Purchasers [Member]
Debt Instrument [Line Items]
Propose Use Of Financing	5.0
Cyrus Purchasers [Member]
Debt Instrument [Line Items]
Proposed Amount of Debt to be Refinanced	$ 5.0

Significant Accounting Policies (Details) $ in Thousands	12 Months Ended
Significant Accounting Policies (Details) $ in Thousands	Dec. 31, 2015 USD ($)	Dec. 31, 2014 USD ($)
Accounting Policies [Abstract]
Foreign Currency Transaction Loss	$ 1,700	$ 200
Allowance for Doubtful Accounts Receivable, Current	1,567	0
Advertising Expense	1,600	700
Research and Development Expense	$ 100	$ 1,800
Number of Operating Segments	1

Significant Accounting Policies Property and equipment (Details)	12 Months Ended
	Dec. 31, 2015
Building [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	40 years
Machinery and Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Machinery and Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	5 years
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	5 years
Computer Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	1 year
Computer Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	5 years

Significant Accounting Policies Intangible Assets (Details)	12 Months Ended
	Dec. 31, 2015
Channel partner relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	25 years
Developed Technology Rights [Member] \| Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	4 years
Developed Technology Rights [Member] \| Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	9 years
Capitalized development [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	8 years
Customer Relationships [Member] \| Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	5 years
Customer Relationships [Member] \| Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	25 years

Significant Accounting Policies Concentration of Credit Risks (Details)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Concentration Risk [Line Items]
Concentration Risk, Percentage	10.00%	10.00%
Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration Risk, Customer	1
Concentration Risk, Percentage	17.50%	12.10%
Sales Revenue, Net [Member]
Concentration Risk [Line Items]
Concentration Risk, Customer	0
Concentration Risk, Percentage	10.00%	10.00%

Business Combinations (Details) - USD ($) $ / shares in Units, $ in Thousands		12 Months Ended
	Feb. 16, 2016	Dec. 31, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Stock Issued During Period, Shares, Acquisitions		1,529,000	8,557,000
Stock Issued During Period, Value, Acquisitions		$ 6,147	$ 68,627
Options Assumed in Acquisition			168,000
RSU Assumed in Acquisition, Nonvested, Number			674,000
RDX Asset acquisition [Member]
Business Acquisition [Line Items]
Stock Issued During Period, Shares, Acquisitions		1,529,126
Stock Issued During Period, Value, Acquisitions		$ 6,100
Warrant, Number of Securities		250,000
Goodwill Pre Acquisition Adjustment		$ 2,900
Goodwill		5,311
Adjustment, Contingent Consideration to Imation		2,400
Business Combination, Acquisition Related Costs		$ 200
RDX Asset acquisition [Member] \| Subsequent Event [Member]
Business Acquisition [Line Items]
Stock Issued During Period, Shares, New Issues	250,000
Shares Issued, Price Per Share	$ 0.01
Overland [Member]
Business Acquisition [Line Items]
Stock Issued During Period, Shares, Acquisitions			8,600,000.0
Stock Issued During Period, Value, Acquisitions			$ 69,700
Business Acquisition, Share Price			$ 7.71
Share-based Payment Award Accelerated Compensation Cost			$ 3,200
Business Combination, Consideration Transferred, Other			$ 500
Warrant, Number of Securities			1,323,897
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares			8,556,865
Business Combination, Control Obtained Description			one Overland share for 0.46385 common shares
Options Assumed in Acquisition			168,488
RSU Assumed in Acquisition, Nonvested, Number			673,776
Goodwill			$ 38,821
Business Combination, Acquisition Related Costs			$ 2,200

Business Combinations RDX Asset Acquisition (Details) - RDX Asset acquisition [Member] $ in Thousands	Dec. 31, 2015 USD ($)
Business Acquisition [Line Items]
Inventories	$ 1,673
Other Assets	100
Property and Equipment	789
Identifiable Intangible Assets	670
Total Identifiable Assets Acquired	3,232
Contingent Consideration, Liability	2,376
Other Liabilities	20
Net Identifiable Net Assets Acquired	836
Goodwill	5,311
Net Assets Acquired	$ 6,147

Business Combinations Overland Acquistion (Details) - Overland [Member] $ in Thousands	Dec. 31, 2014 USD ($)
Business Acquisition [Line Items]
Cash and Cash Equivalents	$ 2,312
Accounts Receivable	10,558
Inventories	9,387
Property and Equipment	4,117
Identifiable Intangible Assets	60,376
Other Assets	2,364
Total Identifiable Assets Acquired	89,114
Current Liabilities	(28,133)
Debt - current	(4,749)
Debt - Long-term	(17,000)
Other Liabilities	(3,990)
Deferred Tax Liabilities	(4,412)
Total Identifiable Liabilities Assumed	(58,284)
Net Identifiable Net Assets Acquired	30,830
Goodwill	38,821
Net Assets Acquired	$ 69,651

Business Combinations Identifiable Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
RDX Asset acquisition [Member]
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	15 years 5 months
Identifiable Intangible Assets	$ 670
Overland [Member]
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired		$ 33,406
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life		16 years 7 months
Indefinite-lived Intangible Assets Acquired		$ 26,970
Identifiable Intangible Assets		60,376
Channel partner relationships [Member] \| Overland [Member]
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired		$ 17,000
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life		25 years
Developed Technology Rights [Member] \| RDX Asset acquisition [Member]
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired	$ 190
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	6 months
Developed Technology Rights [Member] \| Overland [Member]
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired		$ 15,590
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life		7 years 11 months
Customer-Related Intangible Assets [Member] \| RDX Asset acquisition [Member]
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired	$ 480
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	21 years 4 months
Customer-Related Intangible Assets [Member] \| Overland [Member]
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired		$ 816
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life		9 years

Business Combinations Profoma Information (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2014 USD ($) $ / shares
Business Combinations [Abstract]
Business Acquisition, Pro Forma Revenue	$ 93,591
Business Acquisition, Pro Forma Net Income (Loss)	$ (35,709)
Business Acquisition, Pro Forma Earnings Per Share, basic and diluted \| $ / shares	$ (1.12)

Certain Balance Sheet Items (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Balance Sheet Related Disclosures [Abstract]
Depreciation	$ 1.3	$ 0.3

Certain Balance Sheet Items Inventory (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Inventory [Line Items]
Inventory, Raw Materials, Net of Reserves	$ 1,734	$ 3,313
Inventory, Work in Process, Net of Reserves	2,483	660
Inventory, Finished Goods, Net of Reserves	7,109	5,963
Inventory, Net	$ 11,326	$ 9,936

Certain Balance Sheet Items Property and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Building	$ 1,667	$ 1,857
Computer equipment	1,636	748
Machinery and Equipment	1,116	1,538
Leasehold Improvements	1,126	957
Furniture and Fixtures	89	82
Property and Equipment, Gross	5,634	5,182
Accumulated Depreciation and Amortization	(1,662)	(755)
Property and Equipment, Net	$ 3,972	$ 4,427

Intangible Assets and Goodwill (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of Intangible Assets	$ 6.1	$ 3.1
Amortization Expense 2016	5.1
Amortization Expense 2017	5.0
Amortization Expense 2018	3.4
Amortization Expense 2019	2.4
Amortization Expense 2020	2.4
Goodwill, Acquired During Period	5.3	38.8
Goodwill, Impairment Loss	$ 0.0	$ 0.0

Intangible Assets and Goodwill Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	$ 39,773	$ 49,435
Accumulated Amortization	(7,834)	(3,134)
Finite-Lived Intangible Assets, Net	31,939	46,301
Indefinite-Lived Intangible Assets	22,080	26,970
Intangible Assets, Net	54,019	73,271
Developed Technology Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	23,684	28,391
Accumulated Amortization	(7,078)	(2,855)
Channel partner relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	12,039	16,945
Accumulated Amortization	(68)	0
Capitalized development [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	2,856	3,302
Accumulated Amortization	(589)	(272)
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	1,194	797
Accumulated Amortization	$ (99)	$ (7)

Intangible Assets and Goodwill Impairment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Impairment of Acquired Intangible Assets	$ 10,702	$ 0
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)	4,900
Developed Technology Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Impairment of Acquired Intangible Assets	1,700
Channel partner relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Impairment of Acquired Intangible Assets	$ 4,100

Intangible Assets and Goodwill VDI Acquired Assets (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2015
Acquired Finite-Lived Intangible Assets [Line Items]
Stock Issued During Period, Shares, Purchase of Assets	1,090,000
VDI Intangible Assets [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 14.4
Payments to Acquire Intangible Assets	$ 4.2
Stock Issued During Period, Shares, Purchase of Assets	1,089,867
Shares Issued, Price Per Share	$ 5.92
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	4 years
Contingent Consideration Arrangements, Range of Outcomes, Value, Maximum	$ 5.0
Contingent Consideration, Liability	$ 2.5	$ 0.0

Debt Convertible Notes - Related Party (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Feb. 26, 2016
Debt Instrument [Line Items]
Shares Issued for Payment of Interest Expense	668,000	34,000
Paid-in-Kind Interest	$ 1,560	$ 0
Cyrus Purchasers [Member] \| Convertible Debt Securities [Member]
Debt Instrument [Line Items]
Convertible Debt	$ 19,500
Debt Instrument, Maturity Date	Mar. 31, 2018
Debt Instrument, Interest Rate, Stated Percentage	8.00%
Shares Issued for Payment of Interest Expense	668,462
Paid-in-Kind Interest	$ 1,600
Debt Instrument, Convertible, Conversion Price	$ 3.00
Debt Instrument, Convertible, Threshold Percentage of Stock Price Trigger	150.00%
Debt Instrument, Convertible, Stock Price Trigger	$ 4.50
Debt Instrument, Number of Trading Days Before Conversion	10 days
Debt Instrument, Covenant Compliance	in compliance
Interest Expense, Debt	$ 1,600	$ 400
Cyrus Purchasers [Member] \| Debt - Tranche One [Member]
Debt Instrument [Line Items]
Convertible Debt	$ 10,000
Debt Instrument, Convertible, Conversion Price	$ 7.50
Cyrus Purchasers [Member] \| Debt - Tranche Two [Member]
Debt Instrument [Line Items]
Convertible Debt	$ 9,500
Debt Instrument, Convertible, Conversion Price	$ 8.50
Subsequent Event [Member] \| Cyrus Purchasers [Member] \| Convertible Debt Securities [Member]
Debt Instrument [Line Items]
Warrant, Number of Securities			500,000
Exercise Price of Warrants or Rights			$ 1.62

Debt Credit Facilities (Details) - USD ($)		12 Months Ended
Debt Credit Facilities (Details) - USD ($)	Feb. 26, 2016	Dec. 31, 2015	Dec. 31, 2014
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Maximum Borrowing Capacity		$ 8,000,000
Interest Rate Description		prime rate (as defined in the credit facility) plus a margin
Interest Rate at Period End		5.25%
Covenant Compliance		in compliance
Line of Credit, Current		$ 7,400,000
Interest Expense, Debt		$ 300,000
Debt Instrument, Maturity Date		Feb. 27, 2016
Foreign Line of Credit [Member]
Line of Credit Facility [Line Items]
Credit facility sub-limit for subsidiary		$ 3,750,000	$ 3,000,000
Interest Rate Description		prime rate (as defined in the credit facility) plus a margin
Interest Rate at Period End		6.25%
Minimum [Member] \| Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Basis Spread on Variable Rate		1.50%
Minimum [Member] \| Foreign Line of Credit [Member]
Line of Credit Facility [Line Items]
Basis Spread on Variable Rate		2.50%
Maximum [Member] \| Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Basis Spread on Variable Rate		1.75%
Maximum [Member] \| Foreign Line of Credit [Member]
Line of Credit Facility [Line Items]
Basis Spread on Variable Rate		2.75%
Subsequent Event [Member] \| Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Maturity Date	Aug. 27, 2016
Credit Facility Fee Letter	$ 40,000
Additional Contingent Fees	$ 150,000

Debt Related Party Credit Facility (Details) - Cyrus Purchasers [Member] - Revolving Credit Facility [Member] - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Line of Credit Facility [Line Items]
Maximum Borrowing Capacity	$ 10.0	$ 5.0
Expiration Date	May 31, 2016
Automatic Extension Date	Nov. 30, 2016
Line of Credit Facility, Increase	$ 5.0
Line of Credit, Current	10.0
Interest Expense, Debt	1.2
Amortization of Issuance Costs	0.7	$ 0.0
Fee Amount in Accrued Liabilities	$ 0.1
December 2015 [Member]
Line of Credit Facility [Line Items]
Warrant, Number of Securities	500,000
Warrants Expiration Date	Dec. 21, 2018
Exercise Price of Warrants or Rights	$ 1.54
February 2015 [Member]
Line of Credit Facility [Line Items]
Warrant, Number of Securities	100,000
Warrants Expiration Date	Feb. 19, 2018
Exercise Price of Warrants or Rights	$ 4.50
March 2015 [Member]
Line of Credit Facility [Line Items]
Warrant, Number of Securities	200,000
Warrants Expiration Date	Mar. 06, 2018
March 2015 [Member] \| Warrants - Tranche One [Member]
Line of Credit Facility [Line Items]
Warrant, Number of Securities	100,000
Exercise Price of Warrants or Rights	$ 7.21
March 2015 [Member] \| Warrants - Tranche Two [Member]
Line of Credit Facility [Line Items]
Warrant, Number of Securities	100,000
Exercise Price of Warrants or Rights	$ 5.02

Fair Value Measurements (Details) $ in Thousands	12 Months Ended
Fair Value Measurements (Details) $ in Thousands	Dec. 31, 2015 USD ($)
Fair Value Disclosures [Abstract]
Warrant liability as of January 1, 2015	$ 0
Additions to Warrant Liability	1,925
Change in Fair Value of Warrants	(478)
Warrant liability as of December 31, 2015	$ 1,447

Share Capital (Details) - USD ($) $ / shares in Units, $ in Thousands			12 Months Ended
	Mar. 25, 2016	Jan. 26, 2016	Dec. 31, 2015	Dec. 31, 2014	Feb. 26, 2016	Dec. 31, 2013
Class of Stock [Line Items]
Common Stock Issued, Warrants Exercised			349,000	2,101,000
Class of Warrant or Right, Outstanding			9,078,000	2,419,000		2,528,000
Proceeds from Issuance of Common Stock			$ 12,432	$ 8,512
Warrants Expired During Period			1,077,000
Overland [Member]
Class of Stock [Line Items]
Warrant, Number of Securities			376,120	1,323,897
Warrants Expired During Period			947,777
Warrants Expiration Date			Mar. 31, 2016
Exercise Price of Warrants or Rights			$ 18.44
October 2014 [Member]
Class of Stock [Line Items]
Warrant, Number of Securities				617,663
Warrants Exercised During Period				1,176,500
Class of Warrant or Right, Outstanding				617,663
Warrants Expiration Date				Jun. 30, 2016
Exercise Price of Warrants or Rights				$ 9.89
Stock Issued During Period, Shares, New Issues				1,235,325
May and June 2015 [Member]
Class of Stock [Line Items]
Warrant, Number of Securities			1,621,250
Proceeds from Issuance of Common Stock			$ 5,200
Warrant Term			5 years
Shares Issued, Price Per Share			$ 3.20
Exercise Price of Warrants or Rights			$ 4.00
Stock Issued During Period, Shares, New Issues			1,621,250
August 2015 [Member]
Class of Stock [Line Items]
Warrant, Number of Securities			606,060
Proceeds from Issuance of Common Stock			$ 2,000
Warrant Term			5 years
Class of Warrant or Right, Title of Security Warrants or Rights Outstanding			right to force the exercise of the warrants if the weighted average price of the common shares for 10 consecutive trading days exceeds 400% of $2.33
Shares Issued, Price Per Share			$ 3.30
Exercise Price of Warrants or Rights			$ 3.30
Stock Issued During Period, Shares, New Issues			606,060
September and October 2015 [Member]
Class of Stock [Line Items]
Warrant, Number of Securities			354,490
Proceeds from Issuance of Common Stock			$ 3,300
Warrant Term			5 years
Shares Issued, Price Per Share			$ 2.33
Warrants Expiration Date			Mar. 31, 2016
Exercise Price of Warrants or Rights			$ 2.33
Stock Issued During Period, Shares, New Issues			1,417,961
December 2015 [Member]
Class of Stock [Line Items]
Warrant, Number of Securities			2,527,500
Proceeds from Issuance of Common Stock			$ 5,100
Warrant Term			5 years
Class of Warrant or Right, Title of Security Warrants or Rights Outstanding			right to force the exercise of the warrants if the weighted average price of the common shares for 10 consecutive trading days exceeds 400% of $1.79
Shares Issued, Price Per Share			$ 2.00
Exercise Price of Warrants or Rights			$ 2.50
Stock Issued During Period, Shares, New Issues			2,527,500
Convertible Debt Securities [Member] \| Cyrus Purchasers [Member] \| Subsequent Event [Member]
Class of Stock [Line Items]
Warrant, Number of Securities					500,000
Exercise Price of Warrants or Rights					$ 1.62
Warrant [Member]
Class of Stock [Line Items]
Class of Warrant or Right, Outstanding			9,078,421
Warrant [Member] \| Subsequent Event [Member]
Class of Stock [Line Items]
Warrant, Number of Securities	7,199,216
Class of Warrant or Right, Title of Security Warrants or Rights Outstanding	On March 25, 2016, the Company entered into a Warrant Exchange Agreement with an existing holder of 3,031,249 warrants to purchase 3,031,249 common shares of the Company
Shares Issued, Price Per Share	$ 1.22
Warrants Expiration Date	Mar. 25, 2021
Stock Issued During Period, Shares, New Issues	3,031,249
Adjustment Warrant [Member] \| August 2015 [Member]
Class of Stock [Line Items]
Warrant, Number of Securities			252,308
Stock Issued During Period, Shares, New Issues			252,308
Adjustment Warrant [Member] \| September and October 2015 [Member]
Class of Stock [Line Items]
Warrant, Number of Securities			233,964
Exercise Price of Warrants or Rights			$ 0.01
Adjustment Warrant [Member] \| December 2015 [Member]
Class of Stock [Line Items]
Warrant, Number of Securities			1,500,000
Adjustment Warrant [Member] \| Subsequent Event [Member]
Class of Stock [Line Items]
Common Stock Issued, Warrants Exercised		226,539
Shares Issued, Price Per Share		$ 0.01
Adjustment Warrant Dec 2015 [Member] \| August 2015 [Member]
Class of Stock [Line Items]
Warrant, Number of Securities			141,631
Exercise Price of Warrants or Rights			$ 2.33
Stock Issued During Period, Shares, New Issues			141,631
Adjustment Warrant Dec 2015 [Member] \| September and October 2015 [Member]
Class of Stock [Line Items]
Warrant, Number of Securities			1,297,435

Share Capital Share Capital (Details) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Class of Stock [Line Items]
Stock Issued During Period, Shares, Acquisitions	1,529	8,557
Stock Issued During Period, Value, Acquisitions	$ 6,147	$ 68,627
Stock Issued During Period, Shares, Purchase of Assets		1,090
Stock Issued During Period, Value, Purchase of Assets		$ 6,454
Common Stock Issued, Warrants Exercised	349	2,101
Shares Issued For Warrants Exercised, Value	$ 1,265	$ 2,712
Shares, Issued	6,173	1,235
Proceeds received	$ 12,432	$ 8,512
Stock Issued During Period, Shares, Conversion of Convertible Securities		333
Stock Issued During Period, Value, Conversion of Convertible Securities		$ 2,500
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures	292	247
Stock Issued During Period, Value, Stock Options Exercised	$ 225	$ 148
Common Shares Returned for Related Party Loan Payment		(194)
Common Shares Returned for Related Party Loan Payment, value		$ (1,513)
Stock Issued During Period, Shares, Issued for Services		53
Stock Issued During Period, Value, Issued for Services		$ 443
Shares Issued for Payment of Interest Expense	668	34
Shares Issued for Settlement of Related Party Interest Expense	$ 1,560	$ 234
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures	1,239
Restricted Stock, Value, Shares Issued Net of Tax Withholdings	$ (231)
Shares Issued for Adjustment Warrants	394
Shares Issued for Adjustment Warrants, value	$ 0
Shares Issued For the Year	10,644	13,456
Shares Issued For the Year, Value	$ 21,398	$ 88,117

Share Capital Related Party (Details) - Cyrus Purchasers [Member] - Revolving Credit Facility [Member]	12 Months Ended
	Dec. 31, 2015 $ / shares shares
February 2015 [Member]
Class of Warrant or Right [Line Items]
Warrant, Number of Securities	100,000
Warrants Expiration Date	Feb. 19, 2018
Exercise Price of Warrants or Rights \| $ / shares	$ 4.50
March 2015 [Member]
Class of Warrant or Right [Line Items]
Warrant, Number of Securities	200,000
Warrants Expiration Date	Mar. 06, 2018
December 2015 [Member]
Class of Warrant or Right [Line Items]
Warrant, Number of Securities	500,000
Warrants Expiration Date	Dec. 21, 2018
Exercise Price of Warrants or Rights \| $ / shares	$ 1.54
Debt - Tranche One [Member] \| March 2015 [Member]
Class of Warrant or Right [Line Items]
Warrant, Number of Securities	100,000
Exercise Price of Warrants or Rights \| $ / shares	$ 7.21
Debt - Tranche Two [Member] \| March 2015 [Member]
Class of Warrant or Right [Line Items]
Warrant, Number of Securities	100,000
Exercise Price of Warrants or Rights \| $ / shares	$ 5.02

Share Capital Textuals (Details) - $ / shares $ / shares in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Class of Stock [Line Items]
Common Stock, Shares Authorized, Unlimited	Unlimited
Common Stock, No Par Value	$ 0	$ 0

Share Capital Warrants Outstanding (Details) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Class of Warrant or Right [Line Items]
Outstanding, Period Start	2,419	2,528
Assumption of Warrants		1,324
Warrants Issued During Period	8,085	668
Common Stock Issued, Warrants Exercised	349	2,101
Warrants Expired During Period	(1,077)
Outstanding, Period End	9,078	2,419

Equity Incentive Plan (Details) shares in Millions	12 Months Ended
Equity Incentive Plan (Details) shares in Millions	Dec. 31, 2015 USD ($) shares	Dec. 31, 2014 USD ($)
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Performance Incentive Plan Number of Shares Authorized	8.8
Employee Stock Purchase Plan, Shares Authorized	2.0
ESPP Active Plan Participants	0
Option awards maximum term	10 years
Common Stock, Capital Shares Reserved for Future Issuance	8.6
Vesting Period	3 years
Employee Service Share-based Compensation, Allocation of Recognized Period Costs, Capitalized Amount \| $	$ 9,000	$ 347,000
Nonvested Awards, Compensation Cost Not yet Recognized \| $	$ 18,100,000
Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	1 year 6 months

Equity Incentive Plan Weighted-Average Assumptions (Details)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Expected Volatility Rate	93.00%	97.00%
Risk Free Interest Rate	1.50%	1.70%
Dividend Yield	0.00%	0.00%
Expected Term (in years)	4 years 8 months	3 years

Equity Incentive Plan Options Outstanding (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, Outstanding, Number, Period Start	3,393	2,810
Options, Outstanding, Weighted Average Exercise Price, Period Start	$ 3.08	$ 1.11
Grants in Period	770	735
Grants in Period, Weighted Average Exercise Price	$ 2.71	$ 7.08
Options Assumed in Acquisition		168
Options Assumed in Acquisition, Weighted Average Exercise Price		$ 17.19
Exercises in Period	(293)	(246)
Exercises in Period, Weighted Average Exercise Price	$ 0.77	$ 0.58
Forfeited in Period	(156)	(74)
Forfeited in Period, Weighted Average Exercise Price	$ 13.26	$ 4.51
Options, Outstanding, Number, Period End	3,714	3,393
Options, Outstanding, Weighted Average Exercise Price, Period End	$ 2.43	$ 3.08
Options, Outstanding, Weighted Average Remaining Contractual Term	6 years 10 months
Options, Outstanding, Intrinsic Value	$ 1,660
Vested and Expected to Vest, Outstanding, Number	3,649
Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price	$ 2.41
Vested and Expected to Vest, Outstanding, Weighted Average Remaining Contractual Term	6 years 11 months 12 days
Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value	$ 1,654
Exercisable, Number	2,802
Exercisable, Weighted Average Exercise Price	$ 2.27
Exercisable, Weighted Average Remaining Contractual Term	6 years 10 months 27 days
Exercisable, Intrinsic Value	$ 1,437

Equity Incentive Plan Stock Option Summary (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Grants in Period, Weighted Average Grant Date Fair Value Equal to Fair Value	$ 2.71	$ 7.08
Intrinsic Value of Stock Options Exercised	$ 1,053	$ 1,641
Cash Received Upon Exercise of Stock Options	$ 225	$ 148

Equity Incentive Plan Restricted Stock Units (Details) - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
RSU, Nonvested, Number, Period Start	673	0
RSU, Nonvested, Weighted Average Grant Date Fair Value, Period Start	$ 7.71	$ 0.00
RSU Assumed in Acquisition, Nonvested, Number		674
RSU Assumed in Acquisition, Nonvested, Grant Date Fair Value		$ 7.71
RSU, Forfeited in Period	(138)	(1)
RSU, Forfeitures, Weighted Average Grant Date Fair Value	$ 4.71	$ 7.71
RSU, Grants in Period	6,391
RSU, Grants in Period, Weighted Average Grant Date Fair Value	$ 3.56
RSU, Vested in Period	(1,308)
RSU, Vested in Period, Weighted Average Grant Date Fair Value	$ 5.27
RSU, Nonvested, Number, Period End	5,618	673
RSU, Nonvested, Weighted Average Grant Date Fair Value, Period End	$ 3.66	$ 7.71

Equity Incentive Plan RSU Textuals (Details) - USD ($)	12 Months Ended
Equity Incentive Plan RSU Textuals (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSU Assumed in Acquisition, Nonvested, Number		674,000
RSU, Vested in Period	1,308,000
RSU Assumed in Acquisition, Nonvested, Grant Date Fair Value		$ 7.71
Vesting Period	3 years
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSU Assumed in Acquisition, Nonvested, Number		673,776
RSU, Vested in Period		359,482
RSU Assumed in Acquisition, Nonvested, Grant Date Fair Value		$ 7.71
Vesting Period	3 years
Aggregate Intrinsic Value, RSU Vested	$ 14,000	$ 0
Share-based compensation, RSU	$ 5,700,000	$ 200,000

Equity Incentive Plan Shared-based Compensation Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated Share-based Compensation Expense	$ 7,154	$ 3,253
Cost of Sales [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated Share-based Compensation Expense	183	0
Selling and Marketing Expense [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated Share-based Compensation Expense	3,090	1,072
Research and Development Expense [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated Share-based Compensation Expense	1,050	22
General and Administrative Expense [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated Share-based Compensation Expense	$ 2,831	$ 2,159

Net Loss Per Share (Details) - shares shares in Thousands	12 Months Ended
Net Loss Per Share (Details) - shares shares in Thousands	Dec. 31, 2015	Dec. 31, 2014
Common Stock Purchase Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	9,078	2,419
Convertible Notes [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	6,500	2,451
Restricted Stock Not Yet Vested and Released [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	5,618	673
Options Outstanding [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	3,714	3,393
Convertible notes interest [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	2,316	657
VDI Earn-Out Liability [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	1,051

Income Taxes (Details) $ in Millions	12 Months Ended
Income Taxes (Details) $ in Millions	Dec. 31, 2015 USD ($)
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards	$ 12.7
Deferred Tax Assets, Tax Credit Carryforwards, Alternative Minimum Tax	$ 0.2
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	26.50%
Canada Revenue Agency [Member]
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards, Expiration Date	Dec. 31, 2031
Domestic Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards	$ 198.5
Operating Loss Carryforwards, Expiration Date	Dec. 31, 2022
State and Local Jurisdiction [Member]
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards	$ 118.0
Operating Loss Carryforwards, Expiration Date	Dec. 31, 2016
Foreign Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Tax Credit Carryforward, Amount	$ 0.3
Tax Credit Carryforward, Expiration Date	Dec. 31, 2016
Share-based compensation [Member]
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards	$ 1.0
Research Tax Credit Carryforward [Member] \| Domestic Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Tax Credit Carryforward, Amount	1.2
Research Tax Credit Carryforward [Member] \| State and Local Jurisdiction [Member]
Operating Loss Carryforwards [Line Items]
Tax Credit Carryforward, Amount	$ 3.4

Income Taxes Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Unrecognized Tax Benefits, beginning of period	$ 673	$ 0
Increase Resulting from Prior Period Tax Positions	0	673
Unrecognized Tax Benefits, end of period	673	673
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	500
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	0	0
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense	$ 0	$ 0

Income Taxes Components of Loss (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Operating Loss Carryforwards [Line Items]
Domestic	$ (8,549)	$ (11,038)
Foreign	(40,044)	(1,642)
Total	$ (48,593)	$ (12,680)

Income Taxes Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Federal	$ 0	$ 0
State	0	0
Foreign	266	45
Total Current	266	45
Deferred Federal	0	0
Deferred Foreign	(1,632)	(3)
Total Deferred	(1,632)	(3)
Income Tax Expense (Benefit)	$ (1,366)	$ 42

Income Taxes Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Income Statutory Tax Rate	$ (12,877)	$ (3,360)
Foreign Rate Differential	(2,038)	(354)
Increase in Valuation Allowance	12,689	2,952
Share-based Compensation Expense	1,567	812
Other Differences	(707)	(8)
Income Tax Expense (Benefit)	$ (1,366)	$ 42

Income Taxes Deferred Income Taxes (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Net Operating Loss Carryforwards	$ 82,636	$ 71,146
Intangible Assets	1,198	(609)
Tax Credits	3,380	3,377
Inventory	2,344	3,130
Share-based Compensation Cost	852	1,347
Warranty and Extended Warranty	1,924	1,058
Other	1,182	1,377
Deferred Tax Assets, Gross	93,516	80,826
Valuation Allowance For Deferred Tax Assets	(93,516)	(80,826)
Deferred Tax Assets, Net of Valuation Allowance	0	0
Deferred Tax Liabilities	(2,755)	(4,387)
Deferred Tax Liabilities, Net	$ 2,755	$ 4,387

Related Party Transactions (Details) - USD ($)	12 Months Ended
Related Party Transactions (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Related Party Transaction [Line Items]
Related Party Transaction, Expenses from Transactions with Related Party	$ 500,000	$ 100,000
Due to Related Parties	200,000	200,000
Overland [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Amounts of Transaction	0	500,000
Revenue from Related Parties	0	800,000
Related Party Transaction, Expenses from Transactions with Related Party		1,400,000
Due from Related Parties, Current	0	0
Interest Income, Related Party	0	200,000
Due to Related Parties	$ 0	$ 0

Commitment and Contingencies (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Operating Leases, Rent Expense	$ 2.1	$ 0.3
Letters of Credit Outstanding, Amount	0.6
Deferred Costs related to deferred service revenue	0.6	$ 0.9
Loss Contingency, Damages Sought, Value	$ 6.0

Commitment and Contingencies Operating Leases (Details) $ in Thousands	Dec. 31, 2015 USD ($)
Operating Leased Assets [Line Items]
2016	$ 1,620
2017	843
2018	559
2019	552
2020	195
Thereafter	18
Total Future Minimum Payments Due	$ 3,787

Commitment and Contingencies Warranty and Extended Warranty (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Product Warranty Liability [Line Items]
Product Warranty Accrual, Current	$ 652
Product Warranty Accrual, Noncurrent	377
Deferred revenue extended warranties, current	5,405
Deferred revenue extended warranties, noncurrent	1,638
Warranty Reserves [Member]
Product Warranty Liability [Line Items]
Liability, period start	1,437	$ 0
Product warranty, liabilities assumed from acquisition	20	1,451
Product Warranty Accrual, Payments	(224)	(106)
Product Warranty Accrual, Warranties Issued	398	42
Product Warranty Accrual, Preexisting, Increase (Decrease)	(602)	50
Liability, period end	1,029	1,437
Deferred revenue [Member]
Product Warranty Liability [Line Items]
Deferred Revenue, period start	8,948	0
Product warranty, liabilities assumed from acquisition	0	8,538
Product Warranty Accrual, Payments	(8,952)	(1,063)
Product Warranty Accrual, Warranties Issued	7,047	1,467
Product Warranty Accrual, Preexisting, Increase (Decrease)	0	6
Deferred Revenue, period end	$ 7,043	$ 8,948

Segment Disclosure (Details) - USD ($) $ in Millions	12 Months Ended
Segment Disclosure (Details) - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Concentration Risk, Percentage	10.00%	10.00%
UNITED STATES
Segment Reporting Information [Line Items]
Revenues	$ 19.1	$ 3.8
GERMANY
Segment Reporting Information [Line Items]
Revenues	$ 17.2	$ 1.9

Segment Disclosure Product and Services (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Revenue, Net	$ 76,165	$ 13,469
Disk-based products [Member]
Segment Reporting Information [Line Items]
Revenues	39,836	8,518
Tape-base products [Member]
Segment Reporting Information [Line Items]
Revenues	12,764	1,868
Tape drives and media [Member]
Segment Reporting Information [Line Items]
Revenues	12,914	1,815
Service [Member]
Segment Reporting Information [Line Items]
Revenues	$ 10,651	$ 1,268

Segment Disclosure Geographic Area Revenue (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Revenue, Net	$ 76,165	$ 13,469
EMEA [Member]
Segment Reporting Information [Line Items]
Revenues	39,331	7,172
Americas [Member]
Segment Reporting Information [Line Items]
Revenues	25,284	4,749
Asia Pacific [Member]
Segment Reporting Information [Line Items]
Revenues	$ 11,550	$ 1,548

Segment Disclosure Property and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-Lived Assets	$ 3,972	$ 4,427
Europe [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-Lived Assets	1,779	2,038
UNITED STATES
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-Lived Assets	1,584	1,340
Asia Pacific [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-Lived Assets	$ 609	$ 1,049

Subsequent Event (Details) - Warrant [Member] - Subsequent Event [Member] $ / shares in Units, $ in Millions	Mar. 25, 2016 USD ($) $ / shares shares
Subsequent Event [Line Items]
Class of Warrant or Right, Title of Security Warrants or Rights Outstanding	On March 25, 2016, the Company entered into a Warrant Exchange Agreement with an existing holder of 3,031,249 warrants to purchase 3,031,249 common shares of the Company
Warrant, Number of Securities	7,199,216
Shares Issued, Price Per Share \| $ / shares	$ 1.22
Shares Issued, Warrants Exercised	3,031,249
Stock Issued During Period, Shares, New Issues	3,031,249
Proceeds from Warrant Exchange \| $	$ 3.7
Warrants Expiration Date	Mar. 25, 2021