XML 13 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues        
Bitcoin mining $ 388 $ 700
Cost of revenues        
Bitcoin mining 188 389
Gross margin 200 311
Operating expenses:        
General and administrative 4,172 3,769 7,007 4,423
Sales and marketing 65 183
Research and development 83 186
Impairment of goodwill 1,496 1,496
Impairment of intangible assets 673 673
Total operating expenses 4,320 5,938 7,376 6,592
Operating loss (4,120) (5,938) (7,065) (6,592)
Other non-operating (expense) / income        
Interest and other income (expense) / income (152) 11 (190) 36
Accretion of debt discount (11) (48)
Loss on sale of investments (462) (84) (1,193)
Gain on sale of property and equipment 48 48
Impairment - equity method investment, related party (2,500)
Impairment of long-term investments (287)
Total other non-operating expenses (115) (451) (3,061) (1,157)
Net loss before non-controlling interest (4,235) (6,389) (10,126) (7,749)
Net loss attributable to non-controlling interest 296 319
Net loss attributable to Common stockholders (4,235) (6,093) (10,126) (7,430)
Other comprehensive loss        
Realized loss on sale of investments 775 66 1,205
Unrealized holding gain 82 82
Comprehensive loss $ (4,235) $ (5,236) $ (10,060) $ (6,143)
Per-share data        
Basic and diluted loss per share $ (0.12) $ (0.29) $ (0.31) $ (0.38)
Weighted average number of Common shares outstanding 34,476,701 21,228,156 32,173,684 19,578,022