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Discontinued operations (Tables)
12 Months Ended
Dec. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Gain (Loss) on Disposal Activity
For the years ended December 31, 2018 and 2017, the financial results of operations of Red Violet were as follows:
 
Year Ended December 31,
(In thousands)
2018
 
2017
Major classes of line items constituting loss from discontinued operations:
 

 
 

Revenue
$
3,325

 
$
8,578

Cost of revenue (exclusive of depreciation and amortization)
2,017

 
7,066

Sales and marketing expenses
1,089

 
4,394

General and administrative expenses
1,852

 
17,480

Depreciation and amortization
451

 
1,138

Loss from operations of discontinued operations, net of $0 income taxes
(2,084
)
 
(21,500
)
Loss on disposal of discontinued operations, net of $0 income taxes
(19,040
)
 

Net loss from discontinued operations
$
(21,124
)

$
(21,500
)

The loss on disposal of discontinued operations consisted of the following:
 
Year Ended
(In thousands)
December 31, 2018
Share-based compensation expense (1)
$
15,548

Write-off of unamortized debt costs (2)
284

Write-off of certain prepaid expenses
198

Spin-off related professional fees
2,012

Spin-off related employee compensation
998

Loss on disposal of discontinued operations
$
19,040

 
(1)
As discussed and defined in Note 4, Spin-off of Red Violet and business combinations, share-based compensation expense represents non-cash expense in connection with the Acceleration.
(2)
As discussed in Note 9, Long-term debt, net, in connection with the Spin-off, the Company repaid the Promissory Notes to certain shareholders, which resulted in a write-off of unamortized debt costs of $284.
Schedule Of Reconciliation Of Assets And Liabilities Of Discontinued Operations Table
As of December 31, 2017, the Company reclassified the carrying amounts of assets and liabilities of Red Violet into corresponding assets and liabilities of discontinued operations. A reconciliation is presented below:
(In thousands)
December 31, 2017
Carrying amounts of the major classes of assets included in discontinued operations:
 
Cash and cash equivalents
$
65

Accounts receivable, net
1,650

Prepaid expenses and other current assets
559

Current assets of discontinued operations
2,274

Property and equipment, net
1,091

Intangible assets, net
15,353

Goodwill
6,465

Other non-current assets
1,180

Non-current assets of discontinued operations
24,089

Total assets of discontinued operations
$
26,363

Carrying amounts of the major classes of liabilities included in discontinued operations:
 
Trade accounts payable
$
919

Accrued expenses and other current liabilities
6,437

Deferred revenue
33

Total liabilities of discontinued operations
$
7,389