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Note 3 - Discontinued Operations | 9 Months Ended
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Sep. 30, 2019
Notes to Financial Statements |
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block] | 3. Discontinued operations As a result of the Spin-off on March 26, 2018, the financial results of Red Violet are reflected in the Company's consolidated financial statements as discontinued operations and, therefore, are presented as loss from discontinued operations on the consolidated statements of operations, and cash activity from discontinued operations on the consolidated statements of cash flows. Further, the Company's additional paid-in capital was decreased by the net assets of Red Violet, as reflected in the consolidated statements of changes in shareholders' equity. For the nine months ended September 30, 2018 , the financial results of operations of Red Violet were as follows:
|  | Nine Months Ended September 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 nine months ended September 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:
|  | Nine Months Ended September 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 .
In addition, during the first quarter of 2018 , in connection with the Spin-off of Red Violet, an aggregate of $7,708 was recognized in costs and expenses from continuing operations as spin-off transaction costs, and included non-cash share-based compensation expense of $5,409 as a result of 2,041,000 shares of Transaction Grants (as defined in Note 10, Share-based compensation ), and employee cash compensation of $2,299.

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- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2122178 + Details
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