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Segment
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Segment

NOTE 4 – SEGMENT

We currently manage our operations in one reportable segment, data fusion operations. On June 30, 2015, the Company’s Board of Directors approved the plan to discontinue its Advertising Business, and as of September 30, 2015, the Company has disposed of all assets and liabilities related to its Advertising Business.

 

Information regarding our data fusion operations, Advertising Business and the unallocated corporate operations as well as geographic information are as follows:

 

     Three months ended
September 30,
     Nine months ended
September 30,
 
(in thousands)    2015      2014      2015      2014  

Revenue:

           

Data fusion

   $ 1,002       $ —         $ 3,254       $ —     

Corporate *

     —           —           —           —     
  

 

 

    

 

 

    

 

 

    

 

 

 

Sub-total of continuing operations

     1,002         —           3,254         —     

Advertising Business*

     47         —           218         —     

Operating income/(loss):

           

Data fusion

   $ (861    $ —         $ (4,389    $ —     

Corporate *

     (3,662      (16      (5,413      (16
  

 

 

    

 

 

    

 

 

    

 

 

 

Sub-total of continuing operations

     (4,523      (16      (9,802      (16

Advertising Business*

     26         —           (1,231      —     

Gain/(loss) on disposal of business:

           

Data fusion

   $ —         $ —         $ —         $ —     

Corporate *

     —           —           —           —     
  

 

 

    

 

 

    

 

 

    

 

 

 

Sub-total of continuing operations

     —           —           —           —     

Advertising Business*

     376         —           (41,095      —     

Revenue:

           

United States

   $ 1,002       $ —         $ 3,254       $ —     

China and others *

     47         —           218         —     

 

* Financial information of Corporate and Advertising Business, and revenue from China and others for the nine months ended September 30, 2015 all represented related amounts for the period from March 22, 2015, after the consummation of the Merger.

Information regarding assets for our operating segment and the unallocated corporate operations are as follows as at September 30, 2015:

 

     September 30, 2015  

Assets:

  

Data fusion

   $ 8,702   

Corporate

     11,355   
  

 

 

 
   $ 20,057   
  

 

 

 

As of September 30, 2015, the Company has disposed of all assets and liabilities related to its Advertising Business.