XML 18 R7.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss attributable to IDI, Inc. $ (13,956) $ (47,107)
Less: Loss from discontinued operations, net of tax   (41,563)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 5,605 76
Non-cash interest expenses and related amortization 1,202  
Share-based payments 14,623 1,971
Non-cash loss on exchange of warrants 1,273  
Provision (recovery) for bad debts 195 (84)
Deferred income tax (benefit) expenses (7,039) 265
Changes in assets and liabilities of continuing operations, net of the effects of acquisition:    
Accounts receivable 869 (172)
Prepaid expenses and other current assets 968 (554)
Other non-current assets (706)  
Trade accounts payable (174)  
Accrued expenses and other current liabilities (1,227) (95)
Amounts due to related parties   (18)
Deferred revenue (491) (17)
Net cash provided by (used in) operating activities from continuing operations 1,142 (4,172)
Net cash used in operating activities from discontinued operations   (337)
Net cash provided by (used in) operating activities 1,142 (4,509)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (577) (536)
Capitalized costs included in intangible assets (5,902) (1,319)
Proceeds from reverse acquisition   3,569
Acquisition, net of cash acquired (50)  
Net cash (used in) provided by investing activities from continuing operations (6,529) 1,714
Net cash used in investing activities from discontinued operations   (121)
Net cash (used in) provided by investing activities (6,529) 1,593
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of shares, net of issuance costs 4,664  
Debt costs (381)  
Repayments of long-term debt (1,125)  
Net cash provided by financing activities 3,158  
Net decrease in cash and cash equivalents (2,229) (2,916)
Cash and cash equivalents at beginning of period 13,462 5,996
Cash and cash equivalents at end of period 11,233 3,080
SUPPLEMENTAL DISCLOSURE INFORMATION    
Cash paid for interest 2,510  
Share-based compensation expenses capitalized in intangible assets 499 130
Issuance of common stock to a vendor for services rendered 131  
Treasury stock resulting from shares withheld to pay statutory taxes in connection with the vesting of restricted stock units 272  
Fair value of acquisition consideration $ 21,206 $ 44,112