ProPhase Labs, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Transactions Affecting Stockholders' Equity (Details Narrative)

Transactions Affecting Stockholders' Equity (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands					1 Months Ended			4 Months Ended	5 Months Ended	9 Months Ended
	Sep. 04, 2014	May. 28, 2014	Nov. 21, 2012	Dec. 02, 1997	Sep. 30, 2015	Jul. 30, 2015	Jun. 30, 2015	Sep. 30, 2014	May. 23, 2014	Sep. 30, 2015	Sep. 30, 2014	May. 05, 2015	Dec. 31, 2014
Common stock, shares authorized					50,000,000					50,000,000			50,000,000
Preferred stock, shares authorized					1,000,000					1,000,000			1,000,000
Preferred stock, par value					$ 0.0005					$ 0.0005			$ 0.0005
Equity method investment ownership percentage					50.00%					50.00%
Common stock, shares issued					26,313,593					26,313,593			25,125,113
Proceeds from issuance of common stock										$ 1,564	$ 4,909
Fair value of treasury stock					$ 30,742					$ 30,742			$ 30,742
2012 Equity Line of Credit [Member]
Maximum number of common stock authorized for issuance			2,500,000
2012 Equity Line of Credit [Member] \| Dutchess [Member]
Stock issued during period shares									698,207
Net proceeds form agreement									$ 1,200
2014 Equity Line of Credit [Member]
Stock issued during period shares		3,000,000
2014 Equity Line of Credit [Member] \| Dutchess [Member]
Stock issued during period shares							438,480	2,561,520
Proceeds from issuance of common stock							$ 524	$ 3,700
2015 Equity Line of Credit [Member] \| Dutchess [Member]
Stock issued during period shares					750,000	3,200,000
Maximum number of shares of draw down notice						500,000
Derivative transaction, conditions description										The purchase price shall be set at ninety-five percent (95%) of the volume weighted average price (VWAP) of the Common Stock during the one trading day immediately following our put notice. We have the right to withdraw all or any portion of any put, except that portion of the put that has already been sold to a third party, including any portion of a put that is below the minimum acceptable price set forth on the put notice, before the closing. In the event Dutchess receives more than a five percent (5%) return on the net sales for a specific put, Dutchess must remit such excess proceeds to us; however, in the event Dutchess receives less than a five percent (5%) return on the net sales for a specific put, Dutchess will have the right to deduct from the proceeds of the put amount on the applicable closing date so Dutchesss return will equal five percent (5%).
Number of shares beneficially held maximum percentage										4.99%
Net proceeds form agreement					$ 100
Common stock, shares issued					2,450,000					2,450,000
Stockholder Rights Plan [Member]
Common stock rights exercise price					$ 45					$ 45
Equity method investment ownership percentage required for rights exercisable under right agreement										15.00%
Percentage of discount on exercise of right										50.00%
Rights agreement expiration date										Jun. 18, 2024
Stockholder Rights Plan [Member] \| Ted Karkus [Member]
Equity method investment ownership percentage					20.00%					20.00%
Option Plan 1997 [Member]
Plan provided for the granting shares of common stock				4,500,000
Options outstanding - shares					26,500					26,500
2010 Equity Compensation Plan [Member]
Plan provides total number of shares of common stock issued												2,500,000
Available for grant, shares					19,659					19,659
2010 Directors' Equity Compensation Plan [Member]
Plan provides total number of shares of common stock issued												425,000
Available for grant, shares					147,808					147,808
Settlement Agreement [Member]
Number of treasury stock acquired under the agreement	3,896,764
Treasury stock, paid amount	$ 440
Settlement amount paid to defendants	500
Settlement amount paid to third party	37
Fair value of treasury stock	$ 5,100
Treasury stock, per share	$ 1.31