XML 38 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Operating activities:    
Net loss $ (39,833)us-gaap_NetIncomeLoss $ (37,687)us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to net cash used in operating activities:    
Restricted stock - share based compensation 12,551us-gaap_RestrictedStockExpense 9,614us-gaap_RestrictedStockExpense
Employee stock options - share based compensation 2,798us-gaap_StockOptionPlanExpense 3,751us-gaap_StockOptionPlanExpense
Share based compensation in connection with Securities Purchase Agreement 3,072us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims 0us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims
Stock compensation in connection with line of credit borrowing 0vggl_SharebasedCompensationinConnectionwithLineofCreditBorrowing 3,810vggl_SharebasedCompensationinConnectionwithLineofCreditBorrowing
Compensation charge in connection with issuance of preferred stock in exchange for $20M 8% Note, common shares and warrants 0vggl_SharebasedCompensationinConnectionwithIssuanceofPreferredStockExchangedforDebt 6,259vggl_SharebasedCompensationinConnectionwithIssuanceofPreferredStockExchangedforDebt
Interest expense related to November 25, 2013 PIPE Exchange 0vggl_InterestExpenseRecognizedOnWriteoffofDebtDiscount 1,231vggl_InterestExpenseRecognizedOnWriteoffofDebtDiscount
Decrease in fair value of convertible debt embedded derivative 0us-gaap_EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet (16)us-gaap_EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
Decrease in fair value of common stock warrants (5)vggl_IncreaseDecreaseinFairValueofCommonStockWarrants (267)vggl_IncreaseDecreaseinFairValueofCommonStockWarrants
Accretion of Note discount 16us-gaap_AmortizationOfDebtDiscountPremium 0us-gaap_AmortizationOfDebtDiscountPremium
Depreciation and amortization 3,283us-gaap_DepreciationAndAmortization 2,064us-gaap_DepreciationAndAmortization
Interest income on notes receivable from shareholders and officer 0vggl_InterestIncomeonNotesReceivableFromShareholdersandExecutiveOfficer (69)vggl_InterestIncomeonNotesReceivableFromShareholdersandExecutiveOfficer
Changes in operating assets and liabilities:    
Accounts receivable, net 464us-gaap_IncreaseDecreaseInAccountsReceivable (1,797)us-gaap_IncreaseDecreaseInAccountsReceivable
Other receivables (277)us-gaap_IncreaseDecreaseInOtherReceivables 112us-gaap_IncreaseDecreaseInOtherReceivables
Prepaid expenses (172)us-gaap_IncreaseDecreaseInPrepaidExpense (47)us-gaap_IncreaseDecreaseInPrepaidExpense
Restricted cash 5,005us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities 0us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities
Other assets 42us-gaap_IncreaseDecreaseInOtherOperatingAssets (96)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Deferred revenue (535)us-gaap_IncreaseDecreaseInDeferredRevenue (237)us-gaap_IncreaseDecreaseInDeferredRevenue
Accounts payable and accrued expenses 2,763us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (1,115)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Reward points liability 2,059vggl_IncreaseDecreaseinPointsLiability (401)vggl_IncreaseDecreaseinPointsLiability
Other liabilities 63us-gaap_IncreaseDecreaseInOtherOperatingLiabilities 22us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Net cash used in operating activities (8,706)us-gaap_NetCashProvidedByUsedInOperatingActivities (14,869)us-gaap_NetCashProvidedByUsedInOperatingActivities
Investing activities:    
Cash paid for acquisitions, net of cash acquired 0us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired (647)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Purchase of property and equipment (113)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (178)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Capitalized software costs (191)us-gaap_PaymentsForSoftware (435)us-gaap_PaymentsForSoftware
Net cash used in investing activities (304)us-gaap_NetCashProvidedByUsedInInvestingActivities (1,260)us-gaap_NetCashProvidedByUsedInInvestingActivities
Financing activities:    
Proceeds from loans 21,400us-gaap_ProceedsFromLoans 16,000us-gaap_ProceedsFromLoans
Repayments on loans (15,000)us-gaap_RepaymentsOfLongTermDebt 0us-gaap_RepaymentsOfLongTermDebt
Sale of Class C Convertible Redeemable Preferred Stock 3,000us-gaap_ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock 0us-gaap_ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock
Purchase of common shares from former officer (270)us-gaap_PaymentsForRepurchaseOfCommonStock (98)us-gaap_PaymentsForRepurchaseOfCommonStock
Net cash provided by financing activities 9,130us-gaap_NetCashProvidedByUsedInFinancingActivities 15,902us-gaap_NetCashProvidedByUsedInFinancingActivities
Net increase (decrease) in cash 120us-gaap_CashPeriodIncreaseDecrease (227)us-gaap_CashPeriodIncreaseDecrease
Cash at beginning of period 7us-gaap_Cash 1,359us-gaap_Cash
Cash at end of period 127us-gaap_Cash 1,132us-gaap_Cash
Supplemental cash flow Information:    
Cash paid during the period for interest 201us-gaap_InterestPaid 124us-gaap_InterestPaid
Non-Cash investing activities:    
Landlord lease incentive build-out allowance $ 449vggl_LeaseIncentiveBuildoutAllowance $ 0vggl_LeaseIncentiveBuildoutAllowance