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Discontinued Operation
 6 Months Ended
Dec. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operation
Discontinued Operations

On December 13, 2015, the Company entered into an Asset Purchase Agreement with Perk to sell assets related to the Company’s rewards business, including Viggle’s application. Management entered into this binding sales agreement following a strategic decision to divest the operations related to the Viggle App and place greater focus on its remaining businesses. The Company completed the sale in accordance with the Asset Purchase Agreement on February 8, 2016 (see Note 16, Subsequent Events). The Company has classified the Viggle assets, liabilities and operations as discontinued operations in the accompanying consolidated financial statements for all periods presented.

Results of operations classified as discontinued operations:

In thousands of U.S. dollars
Three Months Ended December 31, 2015
Three Months Ended December 31, 2014
Six Months Ended December 31, 2015
Six Months Ended December 31, 2014
Revenues
$
2,330

$
5,641

$
5,909

$
10,770

Cost of watchpoints and engagement points
(1,209
)
(3,027
)
(3,231
)
(4,190
)
Selling, general and administrative expenses
(6,224
)
(11,964
)
(12,408
)
(23,752
)
Loss before income taxes
(5,103
)
(9,350
)
(9,730
)
(17,172
)





Income taxes (see Note 13, Income Taxes)
(21
)
(36
)
(43
)
(58
)
Net loss
$
(5,124
)
$
(9,386
)
$
(9,773
)
$
(17,230
)

Cash flows used in discontinued operations:
In thousands of U.S. dollars
Three Months Ended December 31, 2015
Three Months Ended December 31, 2014
Six Months Ended December 31, 2015
Six Months Ended December 31, 2014
Net cash used in operating activities
$
(2,013
)
$
(6,471
)
$
(4,842
)
$
(8,506
)
Net cash used in investing activities
—

(70
)
—

(271
)
Net cash used
$
(2,013
)
$
(6,541
)
$
(4,842
)
$
(8,777
)

Assets and liabilities of discontinued operations:

In thousands of U.S. dollars
December 31, 2015
June 30, 2015
Assets


Accounts receivable
$
1,550

$
3,281

Prepaid expenses
427

150

Property & equipment, net
87

114

Intangibles assets, net
2,234

2,630

Goodwill
5,201

5,201

Other assets
45

40


9,544

11,416

Liabilities


Accounts payable and accrued expenses
6,961

4,249

Reward points payable
9,169

9,029

Deferred tax liabilities
564

538


$
16,694

$
13,816