Asset purchases and acquisitions of businesses (Tables)

12 Months Ended

Dec. 31, 2014

Business Acquisition, Pro Forma Information [Table Text Block]

The following tables summarize, on an unaudited pro–forma basis, the results of operations of the Company as though the acquisitions of Avcom, FanTD and DraftDay had occurred as of January 1, 2013. The pro–forma amounts give effect to appropriate adjustments of amortization of intangible assets and interest expense associated with the financing of the acquisition. The pro–forma amounts presented are not necessarily indicative of the actual results of operations had the acquisition transaction occurred as of January 1, 2013.

Year ended December 31, 2014	MGT		DraftDay		Pro–forma total
Revenues	$	1,056	$	192	$	1,248
Net loss		(5,330)		(240)		5,570
Loss per share of Common stock		(0.56)		–		(0.56)
Basic and diluted		9,493,057		–		9,493,057

Year ended December 31, 2013	MGT		FanTD		Avcom		DraftDay		Pro–forma total
Revenues	$	396	$	62	$	110	$	1,190	$	1,758
Net loss		(10,202)		(336)		125		(1,007)		(11,420)
Loss per share of Common stock		(1.84)		–		–		–		(1.84)
Basic and diluted		5,590,620		–		–		–		5,590,620

DraftDay [Member]

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The following table summarizes the fair values of the net assets/liabilities assumed and the allocation of the aggregate fair value of the purchase consideration to assumed identifiable intangible assets:

Cash	$	600
Common stock – 95,166 shares at $2.00 per share		190
Total purchase price	$	790

Cash	$	547
Customer list		51
Domains		64
Website		675
Player deposit liability		(547)
Total purchase price allocation	$	790

Digital Angel [Member]

Business Acquisition [Line Items]

Schedule Of Purchase Price Allocations [Table Text Block]

The following table summarizes the Company’s allocation of the purchase price to the separable components of the mobile applications based on their relative fair values at the date the purchase was completed:

Purchase price allocation:
Software and hardware	$	28
Trademark		6
Intangible assets – mobile gaming application		305
Net assets acquired	$	339

FanTD [Member]

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The following tables summarizes the fair values of the net assets/liabilities assumed and the allocation of the aggregate fair value of the purchase consideration, non–controlling interest and net liabilities to assumed identifiable and unidentifiable intangible assets:

Purchase consideration:
Common stock (600,000 shares at the transaction date fair value of $5.03 per share)	$	3,018
Cash		202
Aggregate purchase consideration		3,220
Fair value of non–controlling interest		1,882
Aggregate fair value of enterprise		5,102

Purchase price allocation:
Net liabilities assumed		(69)
Property and equipment		4
		(65)
Aggregate fair value of purchase consideration, non–controlling interest and net liabilities assumed allocated to intangible assets as follows:
Developed software		186
Customer list		33
Goodwill; the excess consideration over the fair value of allocated assets is recorded as goodwill		4,948
Total purchase price allocation	$	5,102

Avcom [Member]

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The following tables summarizes the fair values of the net liabilities assumed and the allocation of the aggregate fair value of the purchase consideration to assumed identifiable and unidentifiable intangible assets:

Purchase consideration:
Cash consideration	$	10
Stock consideration (491,035 shares at $3.16 closing price)		1,552
Total purchase consideration	$	1,562

Purchase price allocation:
Current assets and liabilities	$	(6)
Equipment		7
Intangible assets – Patent applications		15
Intangible assets – Website		50
Goodwill; the excess consideration over the fair value of allocated assets is recorded as goodwill		1,496
Total purchase price allocation	$	1,562