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Organization and basis of presentation (Details)
$ in Thousands
Sep. 30, 2015
USD ($)
Viggle, Inc [Member]  
Common shares received at closing share price $ 1,650
Disposal Group Including Discontinued Operation Promissory Notes 2,109
DraftDay Gaming Group, Inc [Member]  
Common Shares Value Received At Fair Market Value Per Share 1,020 [1]
Stock Purchase Warrants Received 360 [2]
Fair Value of Net Assets Assumed In Consideration For Sale of Business Assets $ 5,526 [3]
[1] DDGG common shares were valued based on recent equity sales by DDGG to Viggle. Viggle purchased shares of DDGG at a price of $0.40 per share.
[2] The Company determined fair value of the warrants received utilizing a Black–Scholes option pricing model. The Company utilized the following assumptions: fair value of common share of DDGG stock – $0.40 per share, exercise price of $0.40, risk free rate of 0.65%, expected volatility of 98% which is the 3–year historical volatility of the Company’s common stock.
[3] DraftDay.com assets consist of the following: