XML 41 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Software and devices $ 37 $ 27 $ 80 $ 38
Services - Consulting 0 22 0 97
Gaming 276 18 318 18
Other 7 0 7 0
Revenues 320 67 405 153
Cost of revenues:        
Services - Consulting     0 63
Gaming 167 20 216 20
Cost of Revenues 167 20 216 83
Gross margin 153 47 189 70
Operating expenses:        
General and administrative 1,536 3,078 2,800 4,239
Sales and marketing 91 66 108 66
Research and development 53 0 113 0
Operating Expenses, Total 1,680 3,144 3,021 4,305
Operating loss (1,527) (3,097) (2,832) (4,235)
Other non-operating income:        
Interest and other income 2 3 5 27
Gain on sale of medical imagine patents 0 750 0 750
Change in fair value of warrants 0 (4,326) 0 (2,204)
Other Nonoperating Income (Expense) 2 (3,573) 5 (1,427)
Net loss before income taxes and non-controlling interest (1,525) (6,670) (2,827) (5,662)
Income tax (expense) / benefit 1 0 11 (3)
Net loss before non-controlling interest (1,524) (6,670) (2,816) (5,665)
Net loss attributable to non-controlling interest 133 91 303 147
Net loss attributable to MGT Capital Investments, Inc. (1,391) (6,579) (2,513) (5,518)
Less:        
Quarterly dividend on Preferred Series A Stock 0 (7) 0 (68)
Net loss applicable to Common shareholders $ (1,391) $ (6,586) $ (2,513) $ (5,586)
Per-share data:        
Basic and diluted loss per share (in dollars per share) $ (0.15) $ (1.38) $ (0.28) $ (1.02)
Weighted average number of common shares outstanding (in shares) 9,057,867 4,766,904 8,921,935 5,472,423