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Operating Segments (Tables)
6 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Information about reportable segments:


For The Three Months Ended December 31,

Wetpaint
Choose Digital
DDGG
Total
In thousands of U.S. dollars
2015
2014
2015
2014
2015
2014
2015
2014
External revenues
530

1,102

217

237

243


990

1,339

Inter-segment revenues (1)


668

79



668

79










Net loss, net of income taxes (2)
(28,478
)
(2,470
)
(3,645
)
(1,500
)
(1,533
)

(33,656
)
(3,970
)



















For The Six Months Ended December 31,

Wetpaint
Choose Digital
DDGG
Total
In thousands of U.S. dollars
2015
2014
2015
2014
2015
2014
2015
2014
External revenues
1,046

2,081

415

454

326


1,787

2,535

Inter-segment revenues (1)


1,219

98



1,219

98










Net loss, net of income taxes (2)
(30,338
)
(5,087
)
(4,120
)
(2,917
)
(1,507
)

(35,965
)
(8,004
)









Notes:








(1) The Choose Digital business provides digital content to the Viggle business. These inter-segment revenues are presented at Choose Digital's cost and are eliminated in the consolidated statements of operations.
(2) The net loss figures presented exclude certain corporate expenses detailed in the reconciliation to the consolidated net loss below.
(3) Assets and liabilities are not presented as they are reviewed at the consolidated level by management and not accounted for by segment.
Reconciliation of net loss for reportable segments, net of income taxes to consolidated net loss from continuing operations, net of income taxes:
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 loss for reportable segments, net of income taxes
(33,656
)
(3,970
)
(35,965
)
(8,004
)
Other net loss
(88
)
(297
)
(297
)
(453
)

(33,744
)
(4,267
)
(36,262
)
(8,457
)





Stock compensation related to corporate financing activities (1)
(4,250
)
(7,306
)
(8,500
)
(11,539
)
Corporate expenses allocated to discontinued operations (2)
(650
)
(918
)
(1,791
)
(2,127
)
Interest expense (3)
(926
)
(353
)
(1,783
)
(480
)
Consolidated net loss from continuing operations, net of income taxes
(39,570
)
(12,844
)
(48,336
)
(22,603
)





Notes:




(1) Stock compensation expense related to RSUs, options and warrants issues in connection with financing activities. Expenses related to financing activities are considered to be corporate expenses and are not allocated to reportable segments.
(2) Certain corporate expenses were allocated to the Viggle segment, however such expenses are not classified as discontinued operations because they are fixed and are not affected by the sales transaction.
(3) Interest expense related to corporate debt instruments is not allocated to reportable segments.

The Company continues to support the cash needs and operations of DDGG. As of December 31, 2015 the Company has transferred $474 to the DDGG subsidiary. This transfer has been accounted for as an interest free loan.