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Segment information
9 Months Ended
Sep. 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 relating to the Advertising Business 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 September 30,

 

 

Nine Months Ended September 30,

 

(In thousands)

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Information Services

 

$

14,803

 

 

$

1,002

 

 

$

39,254

 

 

$

3,254

 

Performance Marketing

 

 

37,373

 

 

 

-

 

 

 

93,389

 

 

 

-

 

 

 

 

52,176

 

 

 

1,002

 

 

 

132,643

 

 

 

3,254

 

Loss from operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Information Services

 

$

(11,528

)

 

$

(4,523

)

 

$

(24,648

)

 

$

(9,802

)

Performance Marketing

 

 

(829

)

 

 

-

 

 

 

(3,737

)

 

 

-

 

 

 

 

(12,357

)

 

 

(4,523

)

 

 

(28,385

)

 

 

(9,802

)

Depreciation and amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Information Services

 

$

1,665

 

 

$

57

 

 

$

4,221

 

 

$

133

 

Performance Marketing

 

 

1,842

 

 

 

-

 

 

 

4,891

 

 

 

-

 

 

 

 

3,507

 

 

 

57

 

 

 

9,112

 

 

 

133

 

Capital expenditure:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Information Services

 

$

1,892

 

 

$

1,103

 

 

$

7,826

 

 

$

2,958

 

Performance Marketing

 

 

331

 

 

 

-

 

 

 

876

 

 

 

-

 

 

 

 

2,223

 

 

 

1,103

 

 

 

8,702

 

 

 

2,958

 

 

(In thousands)

 

September 30, 2016

 

 

December 31, 2015

 

Assets:

 

 

 

 

 

 

 

 

Information Services

 

$

111,156

 

 

$

102,582

 

Performance Marketing

 

 

199,839

 

 

 

186,610

 

 

 

 

310,995

 

 

 

289,192

 

Intangible assets, net:

 

 

 

 

 

 

 

 

Information Services

 

$

51,990

 

 

$

42,951

 

Performance Marketing

 

 

47,429

 

 

 

44,494

 

 

 

 

99,419

 

 

 

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 or income taxes to its segments.