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Equity and Cost Method Businesses (Tables)
12 Months Ended
Dec. 31, 2014
Equity Method Investments And Joint Ventures [Abstract]  
Summarized Financial Information Related to Companies Accounted for Under Equity Method of Accounting

The following unaudited summarized financial information relates to Actua’s businesses accounted for under the equity method of accounting as of December 31, 2014 and 2013. This aggregate information has been compiled from the financial statements of those businesses. Balance Sheets (Unaudited)

 

 

 

December 31,

 

 

December 31,

 

 

 

2014 (2)

 

 

2013 (1)

 

 

 

(in thousands)

 

Cash and cash equivalents

 

$

4,487

 

 

$

5,909

 

Other current assets

 

 

966

 

 

 

2,002

 

Non-current assets

 

 

51

 

 

 

399

 

Total assets

 

$

5,504

 

 

$

8,310

 

Current liabilities

 

$

9,411

 

 

$

11,085

 

Non-current liabilities

 

 

57

 

 

 

65

 

Long-term debt

 

 

-

 

 

 

-

 

Stockholders' deficit

 

 

(3,964

)

 

 

(2,840

)

Total liabilities and stockholders' deficit

 

$

5,504

 

 

$

8,310

 

Total carrying value

 

$

-

 

 

$

775

 

 

(1) 

Includes (Actua voting ownership): Acquirgy (25%).

(2) 

Includes (Actua voting ownership): Acquirgy (25%) and CIML (38%).

Results of Operations

Results of Operations (Unaudited)  

 

 

 

Year Ended December 31,

 

 

 

2014 (1)

 

 

2013 (2)

 

 

2012

 

 

 

(in thousands)

 

Revenue

 

$

8,763

 

 

$

48,316

 

 

$

89,958

 

Net income (loss)

 

$

(1,110

)

 

$

(9,238

)

 

$

(20,159

)

Equity income (loss) excluding impairments and amortization of intangible assets

 

$

(632

)

 

$

(2,798

)

 

$

(7,518

)

Amortization of intangible assets

 

 

(144

)

 

 

(165

)

 

 

(1,154

)

Total equity income (loss)

 

$

(776

)

 

$

(2,963

)

 

$

(8,672

)

 

(1) 

Includes Acquirgy and CIML (through September 30, 2014, the date of disposition).

(2) 

Includes Acquirgy, CIML, Freeborders (through October 18, 2013, the date of disposition) and WhiteFence (through October 28, 2013, the date of disposition).

(3) 

Includes Acquirgy, Bolt (through December 27, 2012, the date of consolidation), CIML (through July 11, 2012, the date of consolidation), Freeborders, GoIndustry (through July 5, 2012, the date of disposition) and WhiteFence.