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Discontinued operations (Tables)
6 Months Ended
Jun. 30, 2019
Discontinued Operations and Disposal Groups [Abstract]  
Disposal of Discontinued Activity
For the six months ended June 30, 2018, the financial results of operations of Red Violet were as follows:
(In thousands)
 
Six Months Ended June 30, 2018
Revenue
 
$
3,325

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

Sales and marketing expenses
 
1,089

General and administrative expenses
 
1,852

Depreciation and amortization
 
451

Loss from operations of discontinued operations, net of $0 income taxes
 
(2,084
)
Loss on disposal of discontinued operations, net of $0 income taxes
 
(19,040
)
Net loss from discontinued operations
 
$
(21,124
)

For the six months ended June 30, 2018, included in the net loss from discontinued operations is a loss on disposal of discontinued operations of $19,040, of which an aggregate of $16,030 represented non-cash charges. The loss on disposal of discontinued operations consisted of the following:
(In thousands)
 
Six Months Ended June 30, 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 10, Share-based compensation, share-based compensation expense represents non-cash expense incurred in connection with the Acceleration of certain previously outstanding but unvested stock options, RSUs and restricted stock and additional Spin-off Grants, in connection with the Spin-off.
(2)
As discussed in Note 7, Long-term debt, net, in connection with the Spin-off, the Company repaid the Promissory Notes to certain investors, which resulted in a write-off of unamortized debt costs of $284