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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (96,511) $ (19,908) $ (9)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Restricted Stock - based compensation 26,576 10,772   
Warrants issued for services    2,529   
Employee Stock Options - share based compensation 5,916      
Common Stock and Warrants issued in connection with Private Placement - share based compensation 21,572      
Loss on sale of interest in corporate jet 134      
Depreciation and Amortization 2,280 4   
Impairment of TIPPT intangible asset 2,250      
Increase in fair value of Loyalize guarantee 843      
Interest income on notes receivable from shareholder and officer (140)      
Other 166      
Changes in operating assets and liabilities:      
Accounts receivable (1,424)     
Other Receivables (1,169) (29)   
Prepaid Expenses (954) (46)   
Other assets (40)      
Deferred revenue 86      
Accounts payable and accrued expenses 3,733 1,027 9
Points liability 3,454      
Other liabilities 648 6   
Net Cash Used in Operating Activities (32,580) (5,645)   
INVESTING ACTIVITIES:      
Purchase of property and equipment (3,033) (83)   
Increase in restricted cash 1 (695)   
Investment in interest in corporate jet    (235)   
WatchPoints Acquisitions (2,620)      
TIPPT acquisition (2,250)      
Loyalize acquisition (3,185)      
Capitalized Software Costs (2,430) (317)   
Net cash Used in Investing Activities (13,517) (1,330)   
FINANCING ACTIVITIES:      
Issuance of Common Stock and Warrants for Cash 42,813 10,769   
Payments on Loan (50)      
Loan from Executive Officer 2,500      
Payments on shareholder notes 3      
Net Cash from Financing Activities 45,266 10,769   
NET INCREASE IN CASH (831) 3,794   
Cash at Beginning of Period 3,794     
Cash at End of Period 2,963 3,794   
Supplemental Cash Flow Information:      
Cash paid during the year for interest 55      
Non-cash investing and financing activities      
Issuance of shares relating to payment of a portion of the debt due to J. Howard, Inc.    8   
Purchase of a 9.37% interest in a G-IV jet    1,276   
Stock issued for promissory notes.    3,380   
Stock Issued for Watchpoints Acquisition 1,600      
Stock issued for Loyalize acquisition 1,719      
Capital contribution related to Corporate Jet 336     
Loyalize guarantee $ 120