Quarterly report pursuant to Section 13 or 15(d)

COMMITMENTS AND CONTINGENCIES - Patent Acquisitions (Details Narrative)

v3.7.0.1
COMMITMENTS AND CONTINGENCIES - Patent Acquisitions (Details Narrative) - USD ($)
1 Months Ended 3 Months Ended
May 31, 2013
Mar. 31, 2017
Mar. 31, 2016
Jun. 03, 2014
Jul. 31, 2013
May 21, 2013
Feb. 28, 2013
Exercise price of five year option              
Acquisition of Cox patents cash, purchase price             $ 1,000,000
Acquisition of Cox patents, common stock issued             403,226
Obligated to pay Cox, net proceeds percentage             12.50%
Capitalized professional fees and filing fees related to Cox Patent Portfolio             $ 169,000
Cash consideration for Mirror Worlds patent acquisition           $ 3,000,000  
Cost of repurchase of Mirror Worlds warrants       $ 505,000      
Issued 5-year warrants (Looking Glass) to purchase shares of common stock           1,750,000  
5-year warrants (Looking Glass) to purchase 875,000 shares, exercise price per share           1.40  
5-year warrants (Looking Glass) to purchase 875,000 shares, exercise price per share           2.10  
Issued 5-year warrants (Recognition) to purchase 250,000 shares, exercise price per share           1.40  
Issued 5-year warrants (Recognition) to purchase 250,000 shares, exercise price per share           2.10  
Issued additional 5-year warrants (Recognition) to purchase shares of common stock as a result of exercise of 60-day warrant         250,000    
Additional 5-year warrants to purchase 125,000 shares of common stock as a result of exercise of 60-day warrant, exercise price per share         2.10    
Additional 5-year warrants to purchase 125,000 shares of common stock as a result of exercise of 60-day warrant, exercise price per share         1.40    
Capitalized professional fees and filing fees related to Mirror Worlds patents           $ 409,000  
Net proceeds percentage payable to Recognition from the monetization of the Mirror Worlds patent portfolio              
First $125 Million           10.00%  
Next $125 Million           15.00%  
Over $250 Million           20.00%  
Recognition paid related to Mirror Worlds patents $ 3,127,000 $ 2,909,000 $ 218,000        
Recognition exercise warrants to purchase shares   750,000          
Gross proceeds   $ 1,312,500          
60 day warrants (Abacus) to purchase shares of common stock           500,000  
60-day warrants (Abacus), exercise price per shares           $ 2.05