Acquisitions (Tables)

9 Months Ended

Sep. 30, 2016

The following table summarizes the preliminary purchase price allocation and the fair value of the net assets acquired and liabilities assumed (marked to market), and the resulting amount of goodwill in the Q Interactive Acquisition (the legal and accounting acquiree) at the Effective Date of the Q Interactive Acquisition.

(In thousands)
Assets acquired:
Accounts receivable	$	4,606
Prepaid expenses and other current assets		208
Property and equipment		73
Intangible assets:
Customer relationships		4,900
Trade names		1,700
Proprietary technology		2,150
Databases		4,800
Non-competition agreements		1,040
Total intangible assets		14,590
		19,477
Liabilities assumed:
Trade accounts payable		2,297
Accrued expenses and other current liabilities		1,133
Deferred revenue		52
		3,482
Goodwill		5,211
Total consideration	$	21,206

Pro Forma Disclosure for Acquisition

The following table includes the pro forma results for the three and nine months ended September 30, 2016 and 2015 of the combined companies as though the Q Interactive Acquisition had been completed as of the beginning of the periods being presented

	Pro forma
	Three Months Ended September 30,						Nine Months Ended September 30,
(In thousands)	2016			2015 ⁽¹⁾			2016			2015 ⁽¹⁾
Revenue	$	52,176		$	42,136		$	145,429		$	126,058
Loss from continuing operations before income taxes		(14,237	)		(6,876	)		(34,897	)		(19,443	)
Net loss attributable to cogint		(9,744	)		(5,125	)		(23,059	)		(55,670	)
Basic and diluted loss per share	$	(0.19	)	$	(0.29	)	$	(0.53	)	$	(3.83	)

Fluent Acquisition [Member]

Summary of Purchase Price Allocation

The following table summarizes the purchase price allocation and the fair value of the net assets acquired and liabilities assumed (marked to market), and the resulting amount of goodwill in the Fluent Acquisition at the Effective Date of Fluent Acquisition.

(In thousands)
Assets acquired:
Cash and cash equivalents	$	6,013
Accounts receivable		20,250
Prepaid expenses and other current assets		691
Property and equipment		242
Intangible assets:
Customer relationships		30,086
Trade names		16,357
Domain names		191
Proprietary technology		11,382
Databases		26,492
Non-competition agreements		728
Total intangible assets		85,236
Other non-current assets		763
		113,195
Liabilities assumed:
Accounts payable and accrued expenses		10,653
Liability for employee incentive-based compensation plan		4,000
Deferred revenue		314
Deferred tax liabilities		30,800
		45,767
Goodwill		155,645
Total consideration	$	223,073
Including:
Cash consideration	$	99,266
Fair value of common stock, as converted, issued		123,807
Total consideration	$	223,073