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Income taxes (Tables)

12 Months Ended

Dec. 31, 2017

Income Tax Disclosure [Abstract]

Schedule of Benefit for Income Taxes

The benefit for income taxes on loss from continuing operations consisted of the following:

		Year Ended December 31,
(In thousands)		2017				2016				2015
Current
Federal		$	-			$	-			$	(123	)
State			-				87				-
			-				87				(123	)
Deferred
Federal			(7,117	)			(14,278	)			(15,771	)
State			(1,855	)			(1,732	)			(689	)
Valuation allowance			8,972				1,881				-
			-				(14,129	)			(16,460	)
Income tax benefit		$	-			$	(14,042	)		$	(16,583	)

Reconciliation of Effective Income Tax benefit

		Year Ended December 31,
(In thousands)		2017								2016								2015
Tax on continuing operating loss before   income taxes		$	(18,090	)			34.0	%		$	(14,663	)			34.0	%		$	(20,117	)			34.0	%
Effect of state taxes (net of federal tax   benefit)			(1,515	)			2.8	%			(1,645	)			3.8	%			(1,800	)			3.0	%
Share-based compensation tax deficiencies			5,133				-9.6	%			-				-				-				-
Loss on amendments of warrants			342				-0.6	%			433				-1.0	%			-				-
Contingent earn-out costs			-				-				-				-				4,862				-8.2	%
Others			41				-0.1	%			(48	)			0.1	%			472				-0.8	%
Deferred remeasurement for tax rate change			5,117				-9.6	%			-				-				-				-
Valuation allowance			8,972				-16.9	%			1,881				-4.4	%			-				-
Income tax benefit		$	-				-			$	(14,042	)			32.5	%		$	(16,583	)			28.0	%

Schedule of Components of Deferred Tax Assets and Liabilities

Components of deferred tax assets and liabilities consist of the following:

(In thousands)		December 31, 2017				December 31, 2016
Deferred tax assets:
Net operating loss carryforwards		$	7,555			$	8,041
Share-based compensation			16,321				21,503
Accounts receivable			480				392
Accrued expenses and other current liabilities (1)			1,128				43
Others			22				11
			25,506				29,990
Valuation allowance			(10,853	)			(1,881	)
			14,653				28,109
Deferred tax liabilities:
Intangible assets		$	14,505			$	27,962
Property and equipment			148				117
Internal Revenue Code Sec. 481 adjustment			-				30
			14,653				28,109
Net deferred tax liability		$	-			$	-

Schedule of Reconciliation of Gross Amounts of Unrecognized Tax Benefits, Excluding Accrued Interest and Penalties

A reconciliation of the gross amounts of unrecognized tax benefits, excluding accrued interest and penalties, for the years ended December 31, 2017 and 2016 (no such items for the year ended December 31, 2015), is as follows:

		Year Ended December 31,
(In thousands)		2017				2016
Unrecognized tax benefits, opening		$	1,668			$	-
Gross increase - tax position in prior period			-				1,668
Decrease as a result of the Act			(534	)			-
Unrecognized tax benefits, ending balance		$	1,134			$	1,668

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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-Topic 740
-SubTopic 10
-Section 50
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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
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Tabular disclosure of the change in unrecognized tax benefits.

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-Topic 740
-SubTopic 10
-Section 55
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