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ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2012
Contingent Consideration Net Revenue Performance Targets

Blammo’s Baseline and Upside Net Revenue goals for fiscal 2013, 2014 and 2015 are as follows:

 

Fiscal Year

   Baseline Net Revenue      Upside Net Revenue  

Fiscal 2013

   $ 3,500       $ 5,000   

Fiscal 2014

   $ 5,500       $ 10,000   

Fiscal 2015

   $ 8,500       $ 15,000   
Pro Forma Financial Information Restated and Unaudited
The pro forma financial information presented below is for informational purposes only, and is subject to a number of estimates, assumptions and other uncertainties. In addition, the pro forma financial information presented below does not include the unaudited financial information of Blammo and GameSpy, since these were not material.

 

     Year Ended
December 31,
 
     2011     2010  
     (Restated)     (Revised)  

Total pro forma revenues

   $ 84,704      $ 87,659   

Pro forma net loss

     (21,256 )      (16,620 ) 

Pro forma net loss per share — basic and diluted

     (0.35 )      (0.40 ) 
Game Spy Industries
 
Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the fair values of assets acquired and liabilities assumed at the date of acquisition:

 

Assets acquired:

  

Cash

   $ 913   

Accounts receivable, net

     1,695   

Property and equipment

     485   

Intangible assets:

  

Customer contracts and related relationships

     250   

Titles, content and technology

     1,300   

Goodwill

     1,096   
  

 

 

 

Total assets acquired

     5,739   
  

 

 

 

Liabilities assumed:

  

Other accrued liabilities

     (689 ) 

Deferred revenue

     (1,684 ) 

Deferred tax liability

     (570 ) 
  

 

 

 

Total liabilities acquired

     (2,943 ) 
  

 

 

 

Net acquired assets

   $ 2,796   
  

 

 

 
Griptonite
 
Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the fair values of assets acquired and liabilities assumed at the date of acquisition:

 

Assets acquired:

  

Cash

   $ 10,300   

Accounts receivable

     1,558   

Prepaid and other current assets

     1,028   

Property and equipment

     796   

Other long term assets

     33   

Intangible assets:

  

Non-compete agreements

     3,200   

Developed Technology

     2,500   

Goodwill

     12,670   
  

 

 

 

Total assets acquired

     32,085   
  

 

 

 

Liabilities assumed:

  

Accounts payable and other accrued liabilities

     (1,226 ) 

Deferred tax liability and other long-term liabilities

     (2,771 ) 
  

 

 

 

Total liabilities

     (3,997 ) 
  

 

 

 

Net acquired assets

   $ 28,088   
  

 

 

 
Blammo
 
Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the fair values of assets acquired and liabilities assumed at the date of acquisition:

 

Assets acquired:

  

Cash and other assets

   $ 69   

Intangible assets:

  

Non-compete agreements

     1,400   

In-process research and development

     300   

Goodwill

     4,309   
  

 

 

 

Total assets acquired

     6,078   
  

 

 

 

Liabilities assumed:

  

Accounts payable and other accrued liabilities

     (287 ) 

Other long-term liabilities

     (721 ) 
  

 

 

 

Total liabilities

     (1,008 ) 
  

 

 

 

Net acquired assets

   $ 5,070