XML 40 R26.htm IDEA: XBRL DOCUMENT v3.3.1.900
Summary of significant accounting policies (Tables)
12 Months Ended
Dec. 31, 2015
Accounting Policies [Abstract]  
Disposal Groups, Including Discontinued Operations [Table Text Block]

  As of December 31, 
  2015  2014 
Cash and cash equivalents $  $806 
Other current assets     30 
Property and equipment     32 
Intangible assets     809 
Goodwill     4,948 
Total assets $  $6,625 
         
Accounts payable $  $46 
Player deposits     942 
Total liabilities $  $988 

 

DraftDay.com’s losses for the years ended December 31, 2015 and 2014 are included in “Loss from discontinued operations” in the Company’s Consolidated Statements of Operations and Comprehensive Loss.

 

Summarized financial information for DraftDay.com’s operations for the years ended December 31, 2015 and 2014 are presented below:

 

  Year ended December 31, 
  2015  2014 
Revenue $640  $963 
Cost of revenue  (225)  (610)
Gross margin  415   353 
Operating expenses  (1,483)  (1,962)
Net loss $(1,068) $(1,609)
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]

Viggle Common shares valued at $0.35 per share $444 

 

For non–public, non–controlled investments in equity securities, the Company uses the cost–method of accounting.

 

Investments at cost

 

DDGG Common shares received at fair market value of $0.40 per share  1,020 
DDGG stock purchase warrants received  360 
Total $1,380