$MGTI
MGT Capital Investments Inc

2014 Q4 Form 10-Q Financial Statement

#000114420414068790 Filed on November 14, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2013 Q4
Revenue $10.00K $1.000K $200.0K
YoY Change -95.0% -97.5% 185.71%
Cost Of Revenue $0.00 $0.00 $360.0K
YoY Change -100.0% -100.0% 227.27%
Gross Profit $10.00K $1.000K -$160.0K
YoY Change -106.25% -101.28% 300.0%
Gross Profit Margin 100.0% 100.0% -80.0%
Selling, General & Admin $900.0K $1.411M $2.150M
YoY Change -58.14% -49.57% 17.49%
% of Gross Profit 9000.0% 141100.0%
Research & Development $40.00K $40.00K $70.00K
YoY Change -42.86%
% of Gross Profit 400.0% 4000.0%
Depreciation & Amortization -$150.0K $190.0K $140.0K
YoY Change -207.14% 58.33% 133.33%
% of Gross Profit -1500.0% 19000.0%
Operating Expenses $930.0K $1.001M $2.220M
YoY Change -58.11% -64.55% 21.31%
Operating Profit -$920.0K -$1.000M -$2.380M
YoY Change -61.34% -65.54% 27.27%
Interest Expense -$10.00K $0.00 -$10.00K
YoY Change 0.0% -100.0% -101.96%
% of Operating Profit
Other Income/Expense, Net $0.00 $2.000K
YoY Change -87.5%
Pretax Income -$1.070M -$998.0K -$2.390M
YoY Change -55.23% -65.42% 39.77%
Income Tax $0.00 $10.00K $0.00
% Of Pretax Income
Net Earnings -$1.440M -$1.381M -$2.030M
YoY Change -29.06% -47.97% 79.65%
Net Earnings / Revenue -14400.0% -138100.0% -1015.0%
Basic Earnings Per Share
Diluted Earnings Per Share -$137.8K -$142.4K -$272.8K
COMMON SHARES
Basic Shares Outstanding 10.54M shares 9.674M shares 7.605M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2014 Q4 2014 Q3 2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.500M $2.200M $4.600M
YoY Change -67.39% -56.0% 35.29%
Cash & Equivalents $648.0K $2.205M $4.642M
Short-Term Investments
Other Short-Term Assets $200.0K $200.0K $100.0K
YoY Change 100.0% 100.0% -66.67%
Inventory
Prepaid Expenses
Receivables $5.000K $10.00K $43.00K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.632M $2.387M $4.817M
YoY Change -66.12% -54.12% 27.03%
LONG-TERM ASSETS
Property, Plant & Equipment $11.00K $48.00K $45.00K
YoY Change -75.56% 9.09% 80.0%
Goodwill $1.496M $6.444M $6.444M
YoY Change -76.78% 30.23%
Intangibles $1.608M $2.736M $2.423M
YoY Change -33.64% 9.97% 34.99%
Long-Term Investments
YoY Change
Other Assets $2.000K $4.000K $4.000K
YoY Change -50.0% 100.0%
Total Long-Term Assets $9.044M $9.370M $9.056M
YoY Change -0.13% 22.97% 134.67%
TOTAL ASSETS
Total Short-Term Assets $1.632M $2.387M $4.817M
Total Long-Term Assets $9.044M $9.370M $9.056M
Total Assets $10.68M $11.76M $13.87M
YoY Change -23.04% -8.31% 81.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $199.0K $209.0K $228.0K
YoY Change -12.72% 27.44% -5.79%
Accrued Expenses $180.0K $133.0K $94.00K
YoY Change 91.49% 133.33% -65.44%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.379M $1.240M $985.0K
YoY Change 40.0% 94.66% 69.54%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00
YoY Change -100.0%
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.379M $1.240M $985.0K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $1.379M $1.240M $985.0K
YoY Change 40.0% 94.66% -87.29%
SHAREHOLDERS EQUITY
Retained Earnings -$299.2M -$297.7M -$293.8M
YoY Change 1.81% 2.03% 3.6%
Common Stock $308.3M $307.9M $304.9M
YoY Change 1.12% 2.07% 7.74%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $8.855M $9.934M $10.78M
YoY Change
Total Liabilities & Shareholders Equity $10.68M $11.76M $13.87M
YoY Change -23.04% -8.31% 81.32%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2013 Q4
OPERATING ACTIVITIES
Net Income -$1.440M -$1.381M -$2.030M
YoY Change -29.06% -47.97% 79.65%
Depreciation, Depletion And Amortization -$150.0K $190.0K $140.0K
YoY Change -207.14% 58.33% 133.33%
Cash From Operating Activities $550.0K -$1.170M -$1.250M
YoY Change -144.0% -41.5% -24.24%
INVESTING ACTIVITIES
Capital Expenditures $30.00K -$10.00K -$10.00K
YoY Change -400.0% -90.0% 0.0%
Acquisitions
YoY Change
Other Investing Activities $60.00K -$10.00K $10.00K
YoY Change 500.0% -101.54% -150.0%
Cash From Investing Activities $90.00K -$10.00K $10.00K
YoY Change 800.0% -101.85% -150.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.940M 970.0K 840.0K
YoY Change -330.95% 546.67% 162.5%
NET CHANGE
Cash From Operating Activities 550.0K -1.170M -1.250M
Cash From Investing Activities 90.00K -10.00K 10.00K
Cash From Financing Activities -1.940M 970.0K 840.0K
Net Change In Cash -1.300M -210.0K -400.0K
YoY Change 225.0% -83.97% -70.37%
FREE CASH FLOW
Cash From Operating Activities $550.0K -$1.170M -$1.250M
Capital Expenditures $30.00K -$10.00K -$10.00K
Free Cash Flow $520.0K -$1.160M -$1.240M
YoY Change -141.94% -38.95% -24.39%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4642000 USD
CY2014Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
10000 USD
CY2013Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
43000 USD
CY2014Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
172000 USD
CY2013Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
132000 USD
CY2014Q3 us-gaap Assets Current
AssetsCurrent
2387000 USD
CY2013Q4 us-gaap Assets Current
AssetsCurrent
4817000 USD
CY2014Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
138000 USD
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
140000 USD
CY2014Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
48000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
45000 USD
CY2014Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2736000 USD
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2423000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> <i>Use of estimates and assumptions and critical accounting estimates and assumptions</i> &#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> &#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 37.8pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify">The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date(s) of the financial statements and the reported amounts of revenues and expenses during the reporting period(s).</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 37.8pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify">&#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 37.8pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify">Critical accounting estimates are estimates for which (a) the nature of the estimate is material due to the levels of subjectivity and judgment necessary to account for highly uncertain matters or the susceptibility of such matters to change and (b) the impact of the estimate on financial condition or operating performance is material. The Company&#8217;s critical accounting estimates and assumptions affecting the financial statements were:</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> &#160;</div> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 5%; PADDING-RIGHT: 0.8pt"> <div>&#160;</div> </td> <td style="WIDTH: 3%; PADDING-RIGHT: 0.8pt"> <div><font style="font-size-adjust: none; font-stretch: normal;FONT-FAMILY:Times New Roman, Times, Serif"> a)</font></div> </td> <td style="TEXT-ALIGN: justify; WIDTH: 92%; PADDING-RIGHT: 0.8pt"> <div><font style="font-size-adjust: none; font-stretch: normal;FONT-FAMILY:Times New Roman, Times, Serif"> <i>Fair value of long&#150;lived assets:</i> Fair value is generally determined using the asset&#8217;s expected future discounted cash flows or market value, if readily determinable. If long&#150;lived assets are determined to be recoverable, but the newly determined remaining estimated useful lives are shorter than originally estimated, the net book values of the long&#150;lived assets are depreciated over the newly determined remaining estimated useful lives. The Company considers the following to be some examples of important indicators that may trigger an impairment review: (i) significant under&#150;performance or losses of assets relative to expected historical or projected future operating results; (ii) significant changes in the manner or use of assets or in the Company&#8217;s overall strategy with respect to the manner or use of the acquired assets or changes in the Company&#8217;s overall business strategy; (iii) significant negative industry or economic trends; (iv) increased competitive pressures; (v) a significant decline in the Company&#8217;s stock price for a sustained period of time; and (vi) regulatory changes. The Company evaluates acquired assets for potential impairment indicators at least annually and more frequently upon the occurrence of such events.</font></div> </td> </tr> </table> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px 0pt 49.65pt; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify">&#160;</div> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 5%; PADDING-RIGHT: 0.8pt"> <div>&#160;</div> </td> <td style="WIDTH: 3%; PADDING-RIGHT: 0.8pt"> <div><font style="font-size-adjust: none; font-stretch: normal;FONT-FAMILY:Times New Roman, Times, Serif"> b)</font></div> </td> <td style="TEXT-ALIGN: justify; WIDTH: 92%; PADDING-RIGHT: 0.8pt"> <div><font style="font-size-adjust: none; font-stretch: normal;FONT-FAMILY:Times New Roman, Times, Serif"> <i>Valuation</i> <i>allowance for deferred tax assets:</i> Management assumes that the realization of the Company&#8217;s net deferred tax assets resulting from its net operating loss (&#8220;NOL&#8221;) carry&#150;forwards for Federal income tax purposes that may be offset against future taxable income was not considered more likely than not and accordingly, the potential tax benefits of the net loss carry&#150;forwards are offset by a full valuation allowance. Management made this assumption based on (a) the Company has incurred recurring losses, (b) general economic conditions, and (c) its ability to raise additional funds to support its daily operations by way of a public or private offering, among other factors.</font></div> </td> </tr> </table> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> &#160;</div> <table style="WIDTH: 100%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 5%"> <div style="CLEAR:both;TEXT-INDENT: 0.5in; MARGIN: 0pt 0.8pt 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> &#160;</div> </td> <td style="WIDTH: 3%; PADDING-RIGHT: 0.8pt"> <div><font style="font-size-adjust: none; font-stretch: normal;FONT-FAMILY:Times New Roman, Times, Serif"> c)</font></div> </td> <td style="TEXT-ALIGN: justify; WIDTH: 92%; PADDING-RIGHT: 0.8pt"> <div><font style="font-size-adjust: none; font-stretch: normal;FONT-FAMILY:Times New Roman, Times, Serif"> <i>Estimates and assumptions used in valuation of equity instruments:</i> Management estimates expected term of share options and similar instruments, expected volatility of the Company&#8217;s common shares and the method used to estimate it, expected annual rate of quarterly dividends, and risk free rate(s) to value share options and similar instruments.</font></div> </td> </tr> </table> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> &#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 37.8pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify">These significant accounting estimates or assumptions bear the risk of change due to the fact that there are uncertainties attached to these estimates or assumptions, and certain estimates or assumptions are difficult to measure or value.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 37.8pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify">&#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 37.8pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify">Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable in relation to the financial statements taken as a whole under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 37.8pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify">&#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 37.8pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify">Management regularly evaluates the key factors and assumptions used to develop the estimates utilizing currently available information, changes in facts and circumstances, historical experience and reasonable assumptions. After such evaluations, if deemed appropriate, those estimates are adjusted accordingly. Actual results could differ from those estimates.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2014Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2205000 USD
CY2014Q3 us-gaap Goodwill
Goodwill
6444000 USD
CY2013Q4 us-gaap Goodwill
Goodwill
6444000 USD
CY2014Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
4000 USD
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
4000 USD
CY2014Q3 us-gaap Assets
Assets
11757000 USD
CY2013Q4 us-gaap Assets
Assets
13873000 USD
CY2014Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
209000 USD
CY2013Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
228000 USD
CY2014Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
133000 USD
CY2013Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
94000 USD
CY2014Q3 us-gaap Deposit Liability Current
DepositLiabilityCurrent
896000 USD
CY2013Q4 us-gaap Deposit Liability Current
DepositLiabilityCurrent
647000 USD
CY2014Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
2000 USD
CY2013Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
16000 USD
CY2014Q3 us-gaap Liabilities Current
LiabilitiesCurrent
1240000 USD
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
985000 USD
CY2014Q3 us-gaap Liabilities
Liabilities
1240000 USD
CY2013Q4 us-gaap Liabilities
Liabilities
985000 USD
CY2014Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q3 us-gaap Common Stock Value
CommonStockValue
11000 USD
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
9000 USD
CY2014Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
307931000 USD
CY2013Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
304886000 USD
CY2014Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-281000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-281000 USD
CY2014Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-297727000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-293833000 USD
CY2014Q3 us-gaap Stockholders Equity
StockholdersEquity
9934000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
10781000 USD
CY2014Q3 us-gaap Minority Interest
MinorityInterest
583000 USD
CY2013Q4 us-gaap Minority Interest
MinorityInterest
2107000 USD
CY2014Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10517000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
12888000 USD
CY2014Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
11757000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
13873000 USD
CY2013Q2 us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
1500000 USD
mgt Sale Of Stock Offering Price
SaleOfStockOfferingPrice
8500000 USD
mgt Manager Fee Percentage On Gross Sales Price
ManagerFeePercentageOnGrossSalesPrice
0.030 pure
CY2014Q3 us-gaap Restricted Cash And Investments
RestrictedCashAndInvestments
2343000 USD
mgt Shares Issuance Description
SharesIssuanceDescription
The Shares sold in the offering will be issued pursuant to the Company&#8217;s effective shelf registration statement on Form S&#150;3 (File No. 333&#150;182298) previously filed with the Securities and Exchange Commission (the &#8220;SEC&#8221;) in accordance with the provisions of the Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;), as supplemented by a prospectus supplement dated December 30, 2013 for the sale of up to $8.5 million of Shares, which the Company filed with the SEC pursuant to Rule 424(b)(5) under the Securities Act.
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 USD
CY2014Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
963000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
486000 USD
CY2014Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2736000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2423000 USD
CY2014Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
186000 USD
CY2014Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
742000 USD
CY2014Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
739000 USD
CY2014Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
424000 USD
CY2014Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
390000 USD
CY2014Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
255000 USD
CY2014Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2014Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
75000000 shares
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
75000000 shares
CY2014Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
10421523 shares
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
8848686 shares
CY2014Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
10421523 shares
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
8848686 shares
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
244000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
477000 USD
CY2013Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
114000 USD
CY2014Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
177000 USD
CY2014Q3 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
21000 USD
CY2014Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
65000 USD
CY2014Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
86000 USD
CY2014Q1 mgt Operating Leases Expenses For Rental Deposit Total
OperatingLeasesExpensesForRentalDepositTotal
3000 USD
CY2013Q2 mgt Operating Leases Expenses For Rental Deposit Total
OperatingLeasesExpensesForRentalDepositTotal
2000 USD
CY2011Q3 mgt Operating Leases Expenses For Rental Deposit Total
OperatingLeasesExpensesForRentalDepositTotal
240000 USD
CY2014Q1 us-gaap Lessor Leasing Arrangements Operating Leases Term Of Contract
LessorLeasingArrangementsOperatingLeasesTermOfContract
P6M
CY2013Q2 us-gaap Lessor Leasing Arrangements Operating Leases Term Of Contract
LessorLeasingArrangementsOperatingLeasesTermOfContract
P24M
CY2011Q3 us-gaap Lessor Leasing Arrangements Operating Leases Term Of Contract
LessorLeasingArrangementsOperatingLeasesTermOfContract
P39M
CY2014Q1 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2014-06-30
CY2013Q2 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2014-10-31
CY2011Q3 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2014-11-30
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
109000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
92000 USD
CY2013Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
53000 USD
CY2014Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
30000 USD
CY2014Q1 us-gaap Security Deposit
SecurityDeposit
3000 USD
CY2011Q3 us-gaap Security Deposit
SecurityDeposit
39000 USD
mgt Warrants Term
WarrantsTerm
five-year
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
52667 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
147000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
64000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
12667 shares
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
123000 shares
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
415000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
5.20
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.72
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
4.14
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
3.68
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
1.48
CY2013Q3 us-gaap Share Based Compensation
ShareBasedCompensation
349000 USD
CY2014Q3 us-gaap Share Based Compensation
ShareBasedCompensation
37000 USD
mgt Percentage Of Stockholder Incentive Stock Option Granted On Date Of Grant
PercentageOfStockholderIncentiveStockOptionGrantedOnDateOfGrant
0.1 pure
CY2014Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
141000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P11M5D
mgt Warrants Expiry Description
WarrantsExpiryDescription
all issued warrants are exercisable and expire through 2017.
CY2014Q3 mgt Warrants Expiry Description
WarrantsExpiryDescription
all issued warrants are exercisable and expire through 2017.
us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
1151000 USD
us-gaap Technology Services Revenue
TechnologyServicesRevenue
42000 USD
us-gaap Technology Services Revenue
TechnologyServicesRevenue
80000 USD
CY2013Q3 us-gaap Technology Services Revenue
TechnologyServicesRevenue
4000 USD
CY2014Q3 us-gaap Technology Services Revenue
TechnologyServicesRevenue
0 USD
us-gaap Sales Revenue Services Gross
SalesRevenueServicesGross
97000 USD
us-gaap Sales Revenue Services Gross
SalesRevenueServicesGross
0 USD
mgt Sales Revenue Gaming Gross
SalesRevenueGamingGross
54000 USD
mgt Sales Revenue Gaming Gross
SalesRevenueGamingGross
614000 USD
CY2013Q3 mgt Sales Revenue Gaming Gross
SalesRevenueGamingGross
36000 USD
CY2014Q3 mgt Sales Revenue Gaming Gross
SalesRevenueGamingGross
296000 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
0 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
8000 USD
CY2013Q3 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
0 USD
CY2014Q3 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
1000 USD
us-gaap Revenues
Revenues
193000 USD
us-gaap Revenues
Revenues
702000 USD
CY2013Q3 us-gaap Revenues
Revenues
40000 USD
CY2014Q3 us-gaap Revenues
Revenues
297000 USD
us-gaap Other Cost Of Services
OtherCostOfServices
63000 USD
us-gaap Other Cost Of Services
OtherCostOfServices
0 USD
mgt Cost Of Services Gaming
CostOfServicesGaming
138000 USD
mgt Cost Of Services Gaming
CostOfServicesGaming
384000 USD
CY2013Q3 mgt Cost Of Services Gaming
CostOfServicesGaming
118000 USD
CY2014Q3 mgt Cost Of Services Gaming
CostOfServicesGaming
168000 USD
us-gaap Cost Of Revenue
CostOfRevenue
201000 USD
us-gaap Cost Of Revenue
CostOfRevenue
384000 USD
CY2013Q3 us-gaap Cost Of Revenue
CostOfRevenue
118000 USD
CY2014Q3 us-gaap Cost Of Revenue
CostOfRevenue
168000 USD
us-gaap Gross Profit
GrossProfit
-8000 USD
us-gaap Gross Profit
GrossProfit
318000 USD
CY2013Q3 us-gaap Gross Profit
GrossProfit
-78000 USD
CY2014Q3 us-gaap Gross Profit
GrossProfit
129000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
7037000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4211000 USD
CY2013Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2798000 USD
CY2014Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1411000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
92000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
229000 USD
CY2013Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
26000 USD
CY2014Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
121000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
0 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
153000 USD
CY2013Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
0 USD
CY2014Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
40000 USD
us-gaap Operating Expenses
OperatingExpenses
7129000 USD
us-gaap Operating Expenses
OperatingExpenses
4593000 USD
CY2013Q3 us-gaap Operating Expenses
OperatingExpenses
2824000 USD
CY2014Q3 us-gaap Operating Expenses
OperatingExpenses
1572000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-7137000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-4275000 USD
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-2902000 USD
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-1443000 USD
mgt Interest And Other Non Operating Income Expense
InterestAndOtherNonOperatingIncomeExpense
43000 USD
mgt Interest And Other Non Operating Income Expense
InterestAndOtherNonOperatingIncomeExpense
7000 USD
CY2013Q3 mgt Interest And Other Non Operating Income Expense
InterestAndOtherNonOperatingIncomeExpense
16000 USD
CY2014Q3 mgt Interest And Other Non Operating Income Expense
InterestAndOtherNonOperatingIncomeExpense
2000 USD
us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
750000 USD
us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
0 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
2204000 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1411000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
7000 USD
CY2013Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
16000 USD
CY2014Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-8548000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-4268000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2886000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1441000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-373000 USD
CY2013Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-232000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1000 USD
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10000 USD
us-gaap Profit Loss
ProfitLoss
-8551000 USD
us-gaap Profit Loss
ProfitLoss
-4267000 USD
CY2013Q3 us-gaap Profit Loss
ProfitLoss
-2886000 USD
CY2014Q3 us-gaap Profit Loss
ProfitLoss
-1451000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-379000 USD
CY2014Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-71000 USD
us-gaap Net Income Loss
NetIncomeLoss
-8172000 USD
us-gaap Net Income Loss
NetIncomeLoss
-3894000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
-2654000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
-1380000 USD
us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
69000 USD
us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
0 USD
CY2013Q3 us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
1000 USD
CY2014Q3 us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
0 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8241000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3894000 USD
CY2013Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2655000 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1380000 USD
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.66
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.42
CY2013Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.41
CY2014Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.14
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
4972829 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
9175695 shares
CY2013Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
6444850 shares
CY2014Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
9685023 shares
us-gaap Business Acquisition Date Of Acquisition Agreement1
BusinessAcquisitionDateOfAcquisitionAgreement1
2014-04-07
CY2013 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
51000 USD
us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
33000 USD
CY2013 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
1002000 USD
us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
790000 USD
CY2013 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
6444000 USD
us-gaap Depreciation
Depreciation
21000 USD
us-gaap Depreciation
Depreciation
30000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2370000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
357000 USD
mgt Warrant Expense
WarrantExpense
0 USD
mgt Warrant Expense
WarrantExpense
71000 USD
mgt Stock Based Compensation Modification Of Preferred Stock Warrants
StockBasedCompensationModificationOfPreferredStockWarrants
598000 USD
mgt Stock Based Compensation Modification Of Preferred Stock Warrants
StockBasedCompensationModificationOfPreferredStockWarrants
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
-2204000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
0 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-33000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-223000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
40000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-78000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-19000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-215000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
39000 USD
mgt Increase Decrease In Deposit Liability
IncreaseDecreaseInDepositLiability
0 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0 USD
mgt Increase Decrease In Deposit Liability
IncreaseDecreaseInDepositLiability
-298000 USD
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
130000 USD
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-14000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-3805000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-3631000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
33000 USD
us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
0 USD
us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
547000 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
600000 USD
mgt Release Of Restricted Cash And Cash Equivalents
ReleaseOfRestrictedCashAndCashEquivalents
1901000 USD
mgt Release Of Restricted Cash And Cash Equivalents
ReleaseOfRestrictedCashAndCashEquivalents
2000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
124000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
7000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
89000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
2214000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-91000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1285000 USD
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
3197000 USD
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
0 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
3197000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
1285000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1606000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-2437000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3443000 USD
CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5049000 USD
us-gaap Dividends Preferred Stock Paidinkind
DividendsPreferredStockPaidinkind
69000 USD
us-gaap Dividends Preferred Stock Paidinkind
DividendsPreferredStockPaidinkind
0 USD
us-gaap Noncash Or Part Noncash Acquisition Other Assets Acquired1
NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1
27000 USD
us-gaap Noncash Or Part Noncash Acquisition Other Assets Acquired1
NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1
0 USD
mgt Noncash Or Part Noncash Acquisition Security Deposit
NoncashOrPartNoncashAcquisitionSecurityDeposit
2000 USD
mgt Noncash Or Part Noncash Acquisition Security Deposit
NoncashOrPartNoncashAcquisitionSecurityDeposit
0 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
32000 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
0 USD
us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
632000 USD
us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
790000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
4948000 USD
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
0 USD
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
547000 USD
us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
119000 USD
us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
0 USD
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
100000 USD
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 USD
mgt Stock Issued For Acquistion
StockIssuedForAcquistion
3201000 USD
mgt Stock Issued For Acquistion
StockIssuedForAcquistion
0 USD
dei Document Type
DocumentType
10-Q
dei Amendment Flag
AmendmentFlag
false
dei Document Period End Date
DocumentPeriodEndDate
2014-09-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
CY2014Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
10542287 shares
dei Entity Registrant Name
EntityRegistrantName
MGT CAPITAL INVESTMENTS INC
dei Entity Central Index Key
EntityCentralIndexKey
0001001601
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Trading Symbol
TradingSymbol
MGT
us-gaap Proceeds From Sale Of Intangible Assets
ProceedsFromSaleOfIntangibleAssets
750000 USD
us-gaap Proceeds From Sale Of Intangible Assets
ProceedsFromSaleOfIntangibleAssets
0 USD
mgt Intangible Assets Contributed By Noncontrolling Interest
IntangibleAssetsContributedByNoncontrollingInterest
192000 USD
mgt Intangible Assets Contributed By Noncontrolling Interest
IntangibleAssetsContributedByNoncontrollingInterest
0 USD
mgt Transfers From Noncontrolling Interest In Subsidiary
TransfersFromNoncontrollingInterestInSubsidiary
0 USD
mgt Transfers From Noncontrolling Interest In Subsidiary
TransfersFromNoncontrollingInterestInSubsidiary
1041000 USD
CY2014Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
885000 USD

Files In Submission

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