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Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities    
Net loss $ (5,891) $ (1,360)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation 99 6
Amortization of intangible assets 42 57
Stock–based expense 1,299 40
Loss on sale of investments 84 731
Impairment – equity method investment, related party 2,500
Impairment of long–term investments 287
Accretion of debt discount 37
Change in operating assets and liabilities    
Prepaid expenses and other current assets 33 58
Accounts payable 263 59
Accrued expenses 72 22
Digital currencies (9)
Other payables 5 11
Net cash used in operating activities (1,180) (376)
Cash flows from investing activities    
Release of restricted cash 39
Purchase of note receivable– long term (30)
Proceeds from sale of investments 26 197
Net cash provided by investing activities 26 206
Cash flows from financing activities    
Proceeds on issuance of convertible notes 600
Issuance costs paid on convertible notes (107)  
Proceeds from private placement 650
Proceeds from issuance of note payable
Net cash provided by financing activities 1,143
Net change in cash and cash equivalents (11) (170)
Cash and cash equivalents, beginning of period 345 359
Cash and cash equivalents, end of period 334 189
Supplemental disclosures of cash flow information    
Cash paid for interest 7
Cash paid for taxes
Supplemental non–cash disclosures (investing and financing activities)    
Settlement of note receivable for FNCX Common stock 825
Settlement of note receivable for FNCX Preferred Series D stock 110
Beneficial conversion feature on convertible debt and warrants issued concurrent with debt 279
Conversion of convertible debt 1,800
Issuance of commitment note as a deferred offering cost 160
Reclassification adjustment upon sale of available for sale investments into net loss 66 678
Unrealized loss on available for sale investments $ (248)