Reverse Recapitalization |
12 Months Ended |
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Dec. 31, 2017 | |
Business Combinations [Abstract] | |
Reverse Recapitalization |
3. Reverse Recapitalization
The Company accounted for the Merger Agreement with Timefire, LLC as a reverse recapitalization, with Timefire, LLC being the accounting acquirer. In its determination that Timefire, LLC was the accounting acquirer, the Company considered pertinent facts and circumstances, including the following for the period immediately following the merger: (i) the Timefire, LLC owners received the largest portion of the voting rights of the combined entity; (ii) the management team of the combined entity was primarily comprised of owners or management of Timefire, LLC; (iii) the Board of Directors of the combined entity was primarily comprised of owners, management or affiliates of Timefire, LLC; (iv) the continuing business of the combined entity was to be the business of Timefire, LLC. |