XML 46 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues        
Software and devices $ 13 $ 217 $ 206 $ 264
Services - consulting 43 0 63 0
Revenues 56 217 269 264
Cost of revenues        
Software and devices 0 96 36 100
Services - consulting 63 0 63 0
Cost of Revenue 63 96 99 100
Gross (loss)/profit (7) 121 170 164
Operating expenses        
Selling, general and administrative 1,091 2,214 1,904 4,412
Research and development 32 324 73 764
Operating Expenses, Total 1,123 2,538 1,977 5,176
Operating loss (1,130) (2,417) (1,807) (5,012)
Other non-operating income/(expense)        
Interest and other (expense)/income (23) 11 (25) 32
Amortization of debt discount and deferred financing costs (76) 0 (76) 0
Gain on sale of Moneygate     0 81
Other Nonoperating Income (Expense) (99) 11 (101) 113
Net loss before income taxes and non-controlling interest (1,229) (2,406) (1,908) (4,899)
Income tax benefit 0 51 0 51
Net loss before non-controlling interest (1,229) (2,355) (1,908) (4,848)
Net loss attributable to non-controlling interest 203 905 412 1,906
Net loss attributable to MGT Capital Investments, Inc. (1,026) (1,450) (1,496) (2,942)
Net loss as reported (1,229) (2,355) (1,908) (4,848)
Other comprehensive loss        
Unrealized foreign exchange (loss)/gain (4) 54 68 404
Comprehensive loss (1,233) (2,301) (1,840) (4,444)
Comprehensive loss attributable to non-controlling interest 204 888 380 1,742
Comprehensive loss attributable to MGT Capital Investments, Inc. $ (1,029) $ (1,413) $ (1,460) $ (2,702)
Per share data:        
Basic and diluted loss per share (in dollars per share) $ (0.49) $ (1.24) $ (0.71) $ (2.51)
Weighted average number of common shares outstanding (in shares) 2,105,187 1,171,518 2,106,763 1,171,518