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Segments (Tables)
12 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Schedule of Revenue by Major Customers by Reporting Segments
Information about reportable segments:

 
For The Year Ended June 30,
 
Wetpaint
Choose Digital
DDGG
Total
In thousands of U.S. dollars
2016
2015
2016
2015
2016
2015
2016
2015
External revenues
$
1,533

$
3,454

$
664

$
848

$
528

$

$
2,725

$
4,302

Inter-segment revenues (1)


1,285

855



1,285

855

 
 
 
 
 
 
 
 
 
Net loss, net of income taxes (2)
(27,560
)
(8,747
)
(7,621
)
(6,744
)
(5,194
)

(40,375
)
(15,491
)
 
 
 
 
 
 
 
 
 
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.
Schedule of Segment Reporting Information, by Segment
Reconciliation of revenues attributable to reportable segments to consolidated revenues from continuing operations:
In thousands of U.S. dollars
 
Year Ended June 30, 2016
 
Year Ended June 30, 2015
 
 
 
 
 
Revenues attributable to reportable segments
$
4,010

 
$
5,157

Licensing revenues related to SFX licensing agreement
499

 
507

Other revenues

 
10

Revenues per Consolidated Statements of Operations
$
4,509

 
$
5,674



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, 2016
 
Year Ended June 30, 2015
 
 
 
 
 
 
Net loss for reportable segments, net of income taxes
$
(40,375
)
 
$
(15,491
)
Other net loss
 
(72
)
 
(659
)
 
 
 
(40,447
)
 
(16,150
)
 
 
 
 
 
 
Stock compensation related to corporate financing activities (1)
(11,017
)
 
(21,141
)
Corporate expenses, net allocated to discontinued operations (2)
(1,915
)
 
(3,262
)
Interest expense, net (3)
(3,788
)
 
(2,050
)
Loss on contingent consideration (4)

 
(2,222
)
Corporate financing expenses

 
(702
)
Consolidated net loss from continuing operations, net of tax
$
(57,167
)
 
$
(45,527
)
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 business, 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) Contingent consideration loss related to Choose Digital (see Note 6, Acquisitions).


Total assets for reportable segments:
 
June 30,
 
Wetpaint
Choose Digital
DDGG
Total
In thousands of U.S. dollars
2016
2015
2016
2015
2016
2015
2016
2015
Total assets for reportable segments
$
8,495

$
35,272

$
5,416

$
10,587

$
3,740

$

$
17,651

$
45,859



Reconciliation of assets attributable to reportable segments to consolidated assets of continuing operations:
In thousands of U.S. dollars
 
June 30, 2016
 
June 30, 2015
 
 
 
 
 
Total assets for reportable segments
$
17,651

 
$
45,859

Other assets (1)
5,349

 
8,723

Total consolidated assets, net of current and non-current assets of discontinued operations
$
23,000

 
$
54,582

Notes:
 
 
 
 
(1) Corporate assets that are not specifically related to any of the reporting units.