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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended 12 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Jun. 30, 2011
Jun. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net loss $ (77,116) $ (8,434) $ (19,908) $ (9)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:        
Restricted Stock - share based compensation 25,190 2,678 10,772 0
Warrants issued for services 0 2,529 2,529 0
Employee Stock Options - share based compensation 4,619 0 0 0
Common Stock and Warrants issued in connection with Private Placement - share based compensation 19,456 0 0 0
Depreciation and Amortization 1,328 0 4 0
Impairment of TIPPT intangible asset 2,250 0 0 0
Increase in fair value of Loyalize guarantee 125 0 0 0
Changes in operating assets and liabilities:        
Accounts receivable (603) 0   0
Other Receivables (930) (156) (29) 0
Prepaid Expenses (967) (71) (46) 0
Other assets (40) 0 0 0
Deferred revenue 197 0 0 0
Accounts payable and accrued expenses 2,923 847 1,027 9
Reward points liability 1,983 0 0 0
Other liabilities 1,266 0 6 0
Net Cash Used in Operating Activities (20,319) (2,607) (5,645) 0
CASH FLOWS FROM INVESTING ACTIVITIES:        
Purchase of property and equipment (2,629) (15) (83) 0
Increase in Restricted Cash 0 0 (695) 0
Investment in Interests in Corporate Jet 0 0 (235) 0
WatchPoints Acquisitions (2,620) 0 0 0
TIPPT acquisition (2,250) 0 0 0
Loyalize acquisition (3,094) 0 0 0
Capitalized Software Costs (1,859) 0 (317) 0
Net Cash Used in Investing Activities (12,452) (15) (1,330) 0
CASH FLOWS FROM FINANCING ACTIVITIES:        
Issuance of Common Stock and Warrants for Cash 33,413 10,718 10,769 0
Payments on Loan (37) 0 0 0
Payments on shareholder notes 3 0 0 0
Interest income on notes receivable from shareholders and officer (105) 0 0 0
Net Cash from Financing Activities 33,274 10,718 10,769 0
NET INCREASE IN CASH 503 8,096 3,794 0
Cash at Beginning of Period 3,794 0 0  
Cash at End of Period 4,297 8,096 3,794 0
Non-cash investing and financing activities        
Stock Issued for Watchpoints Acquisition 1,600 0 0 0
Stock issued for Loyalize acquisition 1,719 0 0 0
Cash Paid During the Year for Interest 28 0 0 0
Capital related to Corporate Jet 336 0 0 0
Loyalize guarantee 120 0 0 0
Issuance of shares relating to payment of a portion of the debt due to J. Howard, Inc. 0 0 8 0
Stock issued for promissory notes $ 0 $ 0 $ 3,380 $ 0