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CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues:        
Software and devices $ 9 $ 167 $ 215 $ 431
Services - consulting 58 0 121 0
Revenues 67 167 336 431
Cost of revenues:        
Software and devices 0 5 36 105
Services - consulting 53 0 116 0
Cost of Revenue 53 5 152 105
Gross profit 14 162 184 326
Operating expenses:        
Selling, general and administrative 716 1,807 2,620 6,219
Research and development 10 303 83 1,067
Operating Expenses, Total 726 2,110 2,703 7,286
Operating loss (712) (1,948) (2,519) (6,960)
Other non-operating (expense) / income:        
Interest and other (expense) / income (70) 0 (95) 32
Accretion of debt discount and amortization of deferred financing costs (222) 0 (298) 0
Gain on sale of Moneygate Group Limited     0 81
Other Nonoperating Income (Expense) (292) 0 (393) 113
Net loss before income taxes and non-controlling interest (1,004) (1,948) (2,912) (6,847)
Income tax benefit 1 0 1 51
Net loss before non-controlling interest (1,003) (1,948) (2,911) (6,796)
Net loss attributable to non-controlling interest 113 746 525 2,652
Net loss attributable to MGT (890) (1,202) (2,386) (4,144)
Net loss as reported (1,003) (1,948) (2,911) (6,796)
Other comprehensive loss:        
Unrealized foreign currency exchange gains 5 (66) 73 338
Comprehensive loss (998) (2,014) (2,838) (6,458)
Comprehensive loss attributable to non-controlling interest 112 775 492 2,517
Comprehensive loss attributable to MGT $ (886) $ (1,239) $ (2,346) $ (3,941)
Per share data:        
Basic and diluted loss per share (in dollars per share) $ (0.41) $ (1.03) $ (1.12) $ (3.54)
Basic and diluted weighted average common shares outstanding (in shares) 2,173,740 1,171,518 2,128,891 1,171,518