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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 13,462 $ 5,996 [1]
Accounts receivable, net of allowance for doubtful accounts of $318 and $105 at December 31, 2015 and 2014, respectively 21,224 295
Prepaid expenses and other current assets 2,931 292
Total current assets 37,617 6,583
Property and equipment, net 1,062 301
Intangible assets, net 87,445 [2] 796 [3]
Goodwill 161,753 [2] 5,227 [3]
Other non-current assets 1,315 38
Deferred tax assets   370
Total assets 289,192 [2] 13,315 [3]
Current liabilities:    
Trade accounts payable 8,863 86
Accrued expenses and other current liabilities 9,160 656
Amounts due to related parties   302
Deferred revenue 783 164
Current portion of long-term debt 2,250  
Total current liabilities 21,056 1,208
Long-term debt, net 48,668  
Deferred tax liabilities 13,573  
Total liabilities 83,297 1,208
Shareholders' equity :    
Common shares-$0.0005 par value 200,000,000 shares authorized, 15,709,786 and 6,597,155 shares issued and outstanding on December 31, 2015 and 2014, respectively [4] 8 3
Additional paid-in capital [4] 291,032 12,714
Accumulated other comprehensive loss [4] 0 0
Accumulated deficit [4] (85,145) (610)
Total shareholders' equity [4] 205,895 12,107
Total liabilities and shareholders' equity $ 289,192 $ 13,315
Convertible Series A Preferred shares [Member]    
Shareholders' equity :    
Preferred Shares [4]
Convertible Series B Preferred shares [Member]    
Shareholders' equity :    
Preferred Shares [4]
[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 period in 2014 were from the date of inception through December 31, 2014.
[2] As the Company completed the Fluent Acquisition on December 8, 2015, the related operating results for the year ended December 31, 2015 included Fluent's financial data from December 9, 2015 through December 31, 2015.
[3] As IDI Holdings, the accounting acquirer of the merger consummated effective as of March 21, 2015, was incorporated on September 22, 2014, the financial data for the corresponding period in 2014 were from September 22, 2014, the date of inception, through December 31, 2014.
[4] All share data for all periods have been retroactively restated to reflect IDI's 1-for-5 reverse stock split, which was effective on March 19, 2015.