Segment Reporting

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Segment Reporting

Note 10. Segment reporting

Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision–making group in deciding how to allocate resources and in assessing performance. The Company’s chief operating decision–making group is composed of the Chief Executive Officer. The Company operates in two segments, Gaming and Intellectual Property. Certain corporate expenses are not allocated to segments.

The Company evaluates performance of its operating segments based on revenue and operating (loss). The following table summarizes our segment information for the three months ended March 31, 2016 and 2015:

Intellectual property

Gaming – Continuing Operations

Unallocated corporate/other

Total

Discontinued Operations

Three months ended March 31, 2016

Revenue

$

–

$

–

$

–

$

–

$

–

Cost of revenue

–

–

–

–

–

Gross margin

–

–

–

–

–

Operating loss

(50

)

–

(604

)

(654

)

–

Three months ended March 31, 2015

Revenue

$

–

$

–

$

–

$

–

$

216

Cost of revenue

–

–

–

–

(90

)

Gross margin

–

–

–

–

126

Operating loss

(192

)

(16

)

(857

)

(1,065

)

(275

)

March 31, 2016

Cash and cash equivalents

$

–

$

–

$

189

$

189

$

–

Property and equipment

–

–

30

30

–

Intangible assets

659

14

–

673

–

Goodwill

–

1,496

–

1,496

–

Additions:

Property and equipment

–

–

–

–

–

Intangible assets

–

–

–

–

–

Goodwill

–

–

–

–

–

December 31, 2015

Cash and cash equivalents (excludes $39 of restricted cash)

$

–

$

–

$

359

$

359

$

–

Property and equipment

–

–

35

35

–

Intangible assets

710

20

–

730

–

Goodwill

–

1,496

–

1,496

–

Additions:

Property and equipment

–

–

35

35

–

Intangible assets

–

–

–

–

–

Goodwill

–

–

–

–

–