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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
[1]
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (51,896) $ (32)
Less: Loss from discontinued operations, net of tax (41,950)  
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 133  
Share-based compensation 3,424  
Change in allowance for doubtful accounts (37)  
Deferred income tax expenses 370  
Changes in assets and liabilities of continuing operations, net of the effects of acquisition:    
Accounts receivable (278)  
Prepaid expenses and other current assets (601) (16)
Accounts payable and accrued expenses 274 48
Amounts due to related parties (46)  
Deferred revenue (14)  
Cash used in operating activities from continuing operations (6,721)  
Cash used in operating activities from discontinued operations (337)  
Net cash used in operating activities (7,058)  
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (626)  
Capitalized costs of intangible assets (2,082)  
Proceeds from acquisition 3,569  
Cash provided by investing activities from continuing operations 861  
Cash used in investing activities from discontinued operations (121)  
Net cash provided by investing activities 740  
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from capital contribution 9,400 2,238
Net cash provided by financing activities 9,400 2,238
Net increase in cash and cash equivalents 3,082 2,238
Cash and cash equivalents at beginning of period 5,996  
Cash and cash equivalents at end of period 9,078 2,238
SUPPLEMENTAL DISCLOSURE INFORMATION    
Cash paid for interest (3)  
Cash paid for income taxes 0 $ 0
Share-based compensation expenses capitalized as intangible assets 239  
Stock issuance for acquisition $ 44,112  
[1] As IDI Holdings, LLC, the accounting acquirer of the merger consummated effective as of March 21, 2015, was incorporated on September 22, 2014, the comparative figures for the corresponding periods in 2014 were from the date of inception through September 30, 2014.