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Note 4 - Spin-off of Red Violet
12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Spin-off Transactions [Text Block]
4.
Spin-off of Red Violet
 
On
February 
12,
2018,
the Company's Board of Directors approved a plan to spin off Red Violet, which was governed by a Separation and Distribution Agreement, as well as other related agreements between the Company and Red Violet, each entered into on
February 
27,
2018
(collectively, the “Spin-off Agreements”). The Company contributed
$19.7
million in cash to Red Violet upon completion of the Spin-off. On
February 28, 2018,
a Registration Statement on Form
10
was filed by Red Violet with the SEC, which registered the shares of Red Violet that were distributed in the Spin-off. 
 
On
March 7, 2018,
the Company announced that the Board of Directors established
March 
19,
2018
as the record date ("Record Date") and
March 
26,
2018
as the distribution date (the “Distribution Date”) for the Spin-off. On
March 9, 2018,
in order to meet the NASDAQ initial listing requirement of a minimum
$4.00
per share bid price, the Company adjusted the Spin-off ratio so that on the Distribution Date, stockholders of the Company received, by way of a dividend,
one
share of Red Violet common stock for each
7.5
shares of the Company's common stock held as of the Record Date.
 
On
March 8, 2018,
the Compensation Committee of the Company's Board of Directors approved the acceleration (the "Acceleration") of an aggregate of
5,157,998
stock options, restricted stock units ("RSUs") and shares of restricted stock held by certain employees, consultants, and directors, including only those employees who would continue with Red Violet upon completion of the Spin-off, subject to such employees still being employed or providing services on the acceleration date, which was subsequently determined to be
March 12, 2018 (
the "Acceleration Date"). Accordingly, share-based compensation expense of
$15.5
million resulting from the Acceleration was recognized in discontinued operations during the
first
quarter of
2018.