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Segments (Tables)
6 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Information about reportable segments (amounts in thousands):

Three Months Ended December 31,

Wetpaint
 
Choose Digital
 
DDGG
 
Total

2016
2015
 
2016
2015
 
2016
2015
 
2016
2015
External revenues
$
834

$
530

 
$

$
217

 
$
256

$
243

 
$
1,090

$
990

Inter-segment revenues (1)


 

668

 


 

668




 


 


 


Net loss, net of income taxes (2)
(1,585
)
(28,478
)
 
(47
)
(3,645
)
 
(715
)
(1,533
)
 
(2,347
)
(33,656
)



 


 


 


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.

 
Six Months Ended December 31,
 
Wetpaint
 
Choose Digital
 
DDGG
 
Total
 
2016
2015
 
2016
2015
 
2016
2015
 
2016
2015
External revenues
$
1,206

$
1,046

 
$
58

$
415

 
$
361

$
326

 
$
1,625

$
1,787

Inter-segment revenues (1)


 

1,219

 


 

1,219

 
 
 
 
 
 
 
 
 
 
 
 
Net loss, net of income taxes (2)
(3,662
)
(30,338
)
 
(448
)
(4,120
)
 
(1,467
)
(1,507
)
 
(5,577
)
(35,965
)
 
 
 
 
 
 
 
 
 
 
 
 
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.


Reconciliation of revenues attributable to reportable segments to consolidated revenues from continuing operations (amounts in thousands):
 
 
Three Months Ended December 31,
 
Six Months Ended December 31,
 
 
2016
 
2015
 
2016
 
2015
Revenues attributable to reportable segments
$
1,090

 
$
990

 
$
1,625

 
$
1,787

Licensing revenues related to SFX licensing agreement
125

 
125

 
250

 
250

Other revenues

 
667

 

 
1,218

Revenues per Consolidated Statements of Operations
$
1,215

 
$
1,782

 
$
1,875

 
$
3,255



Reconciliation of net loss for reportable segments, net of income taxes to consolidated net loss from continuing operations, net of income taxes (amounts in thousands):
 
Three Months Ended December 31,
 
Six Months Ended December 31,

2016
 
2015
 
2016
 
2015
Net loss for reportable segments, net of income taxes
$
(2,347
)
 
$
(33,656
)
 
$
(5,577
)
 
$
(35,965
)
Other net gain (loss)
2,184

 
(88
)
 
(429
)
 
(297
)

(163
)
 
(33,744
)
 
(6,006
)
 
(36,262
)


 

 
 
 
 
Stock compensation related to corporate financing activities (1)
(137
)
 
(4,250
)
 
(161
)
 
(8,500
)
Corporate expenses allocated to discontinued operations (2)

 
(650
)
 

 
(1,791
)
Interest expense (3)
(2,471
)
 
(926
)
 
(4,121
)
 
(1,783
)
Consolidated net loss from continuing operations, net of income taxes
$
(2,771
)
 
$
(39,570
)
 
$
(10,288
)
 
$
(48,336
)


 

 
 
 
 
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.


Total assets for reportable segments (amounts in thousands):
 
December 31, 2016
 
June 30, 2016
Wetpaint
$
21,234

 
$
8,495

Choose Digital
5,226

 
5,416

DDGG
3,713

 
3,740

Total assets for reportable segments
$
30,173

 
$
17,651


Reconciliation of assets attributable to reportable segments to consolidated assets of continuing operations (amounts in thousands):
 
 
December 31, 2016
 
June 30, 2016
Total assets for reportable segments
$
30,173

 
$
17,104

Other assets (1)
1,614

 
5,896

Total consolidated assets, net of current and non-current assets of discontinued operations
$
31,787

 
$
23,000

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