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Segment information
6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Segment information

10. Segment information

We currently manage our operations in two reportable segments, Information Services and Performance Marketing. The segments reflect the way the Company evaluates its business performance and manages its operations. In 2015, the Company disposed of all assets and liabilities related to its Advertising Business and related results of operations were recognized as discontinued operations, therefore, no information is presented here.

As all revenue is generated in the United States, no geographic information is presented.

Information regarding our Information Services and Performance Marketing segments are as follows:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(In thousands)

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Information Services

 

$

13,400

 

 

$

994

 

 

$

24,451

 

 

$

2,252

 

Performance Marketing

 

 

27,643

 

 

 

-

 

 

 

56,016

 

 

 

-

 

 

 

 

41,043

 

 

 

994

 

 

 

80,467

 

 

 

2,252

 

Loss from operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Information Services

 

$

(6,332

)

 

$

(3,716

)

 

$

(13,120

)

 

$

(5,279

)

Performance Marketing

 

 

(1,524

)

 

 

-

 

 

 

(2,908

)

 

 

-

 

 

 

 

(7,856

)

 

 

(3,716

)

 

 

(16,028

)

 

 

(5,279

)

Depreciation and amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Information Services

 

$

1,405

 

 

$

41

 

 

$

2,556

 

 

$

76

 

Performance Marketing

 

 

1,591

 

 

 

-

 

 

 

3,049

 

 

 

-

 

 

 

 

2,996

 

 

 

41

 

 

 

5,605

 

 

 

76

 

Capital expenditure:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Information Services

 

$

2,939

 

 

$

1,712

 

 

$

5,934

 

 

$

1,855

 

Performance Marketing

 

 

326

 

 

 

-

 

 

 

545

 

 

 

-

 

 

 

 

3,265

 

 

 

1,712

 

 

 

6,479

 

 

 

1,855

 

 

(In thousands)

 

June 30, 2016

 

 

December 31, 2015

 

Assets:

 

 

 

 

 

 

 

 

Information Services

 

$

116,945

 

 

$

102,582

 

Performance Marketing

 

 

195,143

 

 

 

186,610

 

 

 

 

312,088

 

 

 

289,192

 

Intangible assets, net:

 

 

 

 

 

 

 

 

Information Services

 

$

55,776

 

 

$

42,951

 

Performance Marketing

 

 

48,585

 

 

 

44,494

 

 

 

 

104,361

 

 

 

87,445

 

Goodwill:

 

 

 

 

 

 

 

 

Information Services

 

$

44,121

 

 

$

42,623

 

Performance Marketing

 

 

121,962

 

 

 

119,130

 

 

 

 

166,083

 

 

 

161,753

 

 

The Company does not allocate interest expense nor income taxes to their segments.