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Note 5 - Discontinued Operations | 12 Months Ended
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Dec. 31, 2019
Notes to Financial Statements |
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block] | 5. Discontinued operations In accordance with ASC 205 - 20, Discontinued Operations, the financial results of Red Violet are reflected in the Company's consolidated financial statements as discontinued operations and, therefore, are presented as assets and liabilities of discontinued operations on the consolidated balance sheets, loss from discontinued operations on the consolidated statements of operations, and cash activity from discontinued operations on the consolidated statements of cash flows. As of the Spin-off date, the Company's additional paid-in capital decreased by the carrying value of the net assets of Red Violet of $41,500. For the year ended December 31, 2018, the financial results of operations of Red Violet were as follows:
|  | Year Ended |
(In thousands) |  | 2018 |
Major classes of line items constituting loss from discontinued operations: |  |  |  |
Revenue |  | $ | 3,325 |
Cost of revenue (exclusive of depreciation and amortization) |  |  | 2,017 |
Sales and marketing |  |  | 1,089 |
General and administrative |  |  | 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 year ended December 31, 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 represents non-cash charges. The loss on disposal of discontinued operations consisted of the following:
|  | Year Ended |
(In thousands) |  | 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 , share-based compensation expense represents non-cash expense in connection with the Acceleration.
( 2 ) | As discussed in Note 10, 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.
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 13, 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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