Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2014

Goodwill And Intangible Assets Tables

Purchase Price Allocation

The purchase price was allocated as follows (in thousands):

Purchase Consideration:
Value of common stock and convertible preferred stock issued to sellers	$	5,511
Tangible assets acquired:
Cash		2,662
Prepaid expenses		35
Net tangible assets acquired		2,697
Purchase consideration in excess of fair value of net tangible assets		2,814
Allocated to:
Patent portfolios		1,102
Goodwill		1,712

Unaudited pro-forma financial results

The following table presents the unaudited pro-forma financial results, as if the acquisition of North South had been completed as of January 1, 2013 (in thousands, except per share amounts):

	For the Year Ended December 31, 2013
Revenues	$	121
Net loss		(18,259	)
Loss per share - basic and diluted	$	(8.49	)

Amortization to acquired intangible assets

The gross carrying amounts and accumulated amortization related to acquired intangible assets as of December 31, 2014 are as follows (in thousands, except year amounts):

	Rockstar Patent Portfolio Acquired		North South Patent Portfolio Acquired		Rockstar Patent Portfolio Acquired
	24-Jul-13		10-Sep-13		31-Dec-13		Total Amount
Initial Patent Cost	$	4,000	$	1,102	$	60,000	$	65,102
Amortization expense for the year ended December 31, 2013		208		40		19		267
Patent Portfolios at December 31, 2013, Net		3,792		1,062		59,981		64,835
Amortization expense for the year ended December 31, 2014		470		130		9,231		9,831
Patent Portfolios at December 31, 2014, Net	$	3,322	$	932	$	50,750	$	55,004

Future amortization of all patents

Future amortization of all patents is as follows (in thousands):

	Rockstar		North South		Rockstar
	Portfolio		Portfolio		Portfolio
	Acquired		Acquired		Acquired		Total
	24-Jul-13		10-Sep-13		31-Dec-13		Amortization
Year Ended December 31, 2015		470		130		9,225		9,825
Year Ended December 31, 2016		471		130		9,250		9,851
Year Ended December 31, 2017		470		130		9,225		9,825
Year Ended December 31, 2018		470		130		9,225		9,825
Year Ended December 31, 2019		470		130		9,225		9,825
Thereafter		971		282		4,600		5,853
Total	$	3,322	$	932	$	50,750	$	55,004