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Segments Segments (Tables)
9 Months Ended 12 Months Ended
Mar. 31, 2016
Jun. 30, 2015
Segment Reporting [Abstract]    
Schedule of Segment Reporting Information, by Segment
Information about reportable segments:


For The Three Months Ended March 31,

Wetpaint
Choose Digital
DDGG
Total
In thousands of U.S. dollars
2016
2015
2016
2015
2016
2015
2016
2015
External revenues
228

707

161

222

98


487

929

Inter-segment revenues (1)


66

350



66

350










Net loss, net of income taxes (2)
(839
)
(1,987
)
(401
)
(1,005
)
(1,201
)

(2,441
)
(2,992
)



















For The Nine Months Ended March 31,

Wetpaint (Revised)
Choose Digital (Revised)
DDGG
Total
In thousands of U.S. dollars
2016
2015
2016
2015
2016
2015
2016
2015
External revenues
1,274

2,788

576

676

424


2,274

3,464

Inter-segment revenues (1)


1,285

448



1,285

448










Net loss, net of income taxes (2)
(25,919
)
(7,074
)
(5,548
)
(3,922
)
(2,708
)

(34,175
)
(10,996
)









Notes:








(1) The Choose Digital business provides digital content to the Viggle business. These inter-segment revenues are presented at Choose Digital's cost in this schedule and 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 March 31, 2016
Three Months Ended March 31, 2015
Nine Months Ended March 31, 2016
Nine Months Ended March 31, 2015
Net loss for reportable segments, net of income taxes
(2,441
)
(2,992
)
(34,175
)
(10,996
)
Other net gain (loss)
157

(176
)
(140
)
(629
)

(2,284
)
(3,168
)
(34,315
)
(11,625
)





Stock compensation related to corporate financing activities (1)
(2,517
)
(5,437
)
(11,017
)
(16,976
)
Corporate expenses allocated to discontinued operations (2)
(124
)
(894
)
(1,915
)
(3,021
)
Interest expense (3)
(1,083
)
(935
)
(2,866
)
(1,415
)
Consolidated net loss from continuing operations, net of income taxes
(6,008
)
(10,434
)
(50,113
)
(33,037
)





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.
Information about reportable segments:

 
For The Year Ended June 30,
 
Wetpaint
Choose Digital
Total
In thousands of U.S. dollars
2015
2014
2015
2014
2015
2014
External revenues
$
3,454

$
1,259

848

22

4,302

1,281

Inter-segment revenues (1)
 

855


855


 
 
 
 
 
 
 
Net loss, net of income taxes (2)
$
(8,747
)
$
(6,151
)
(6,744
)
(395
)
(15,491
)
(6,546
)
 
 
 
 
 
 
 
Notes:
 
 
 
 
 
 
(1) In September 2014, the Choose Digital business began providing digital content to the Viggle business. These inter-segment revenues are presented at Choose Digital's cost in this schedule and 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.


Reconciliation of revenues attributable to reportable segments to consolidated revenues from continuing operations:
In thousands of U.S. dollars
 
Year Ended June 30, 2015
 
Year Ended June 30, 2014
 
 
 
 
 
Revenues attributable to reportable segments
$
5,157

 
$
1,281

Licensing revenues related to SFX licensing agreement
507

 
159

Other revenues
10

 
711

Revenues per Consolidated Statements of Operations
$
5,674

 
$
2,151


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
 
Year Ended June 30, 2015
 
Year Ended June 30, 2014
 
 
 
 
 
 
Net loss for reportable segments, net of income taxes
$
(15,491
)
 
$
(6,546
)
Other (loss) gain, net
 
(659
)
 
1,087

 
 
 
(16,150
)
 
(5,459
)
 
 
 
 
 
 
Stock compensation related to corporate financing activities (1)
 
(21,141
)
 
(27,069
)
Corporate (expenses) income, net allocated to discontinued operations (2)
 
(3,262
)
 
(5,847
)
Interest expense (3)
 
(2,050
)
 
(2,805
)
Loss (gain) on contingent consideration (4)
(2,222
)
 
2,064

Corporate financing expenses
(702
)
 

Consolidated net loss from continuing operations, net of tax
$
(45,527
)
 
$
(39,116
)
Notes:
 
 
 
 
 
(1) Stock compensation expense related to RSUs, options and warrants issued 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.
(4) Additional contingent consideration loss (gain) related to Choose Digital (see Note 6, Acquisitions).

Total assets for reportable segments:
 
June 30,
 
Wetpaint
Choose Digital
Total
In thousands of U.S. dollars
2015
2014
2015
2014
2015
2014
Total assets for reportable segments
$
35,272

$
37,786

10,587

15,052

45,859

52,838



Reconciliation of assets attributable to reportable segments to consolidated assets of continuing operations:
In thousands of U.S. dollars
 
June 30, 2015
 
June 30, 2014
 
 
 
 
 
Total assets for reportable segments
$
45,859

 
$
52,838

Other assets
8,723

 
9,108

Total consolidated assets, net of current and non-current assets of discontinued operations
$
54,582

 
$
61,946