XML 48 R22.htm IDEA: XBRL DOCUMENT v3.19.3
Ownership Interests in and Advances to Partner Companies and Funds (Tables)
9 Months Ended
Sep. 30, 2019
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]  
Ownership Interests in and Advances to Partner Companies and Private Equity Funds
The following summarizes the carrying value of the Company’s ownership interests in and advances to partner companies.   
   
September 30, 2019
 
December 31, 2018
   
(Unaudited - In thousands)
Equity Method Companies:
   
 
 
Partner companies
$
34,871

 
$
64,097

Private equity funds
392

 
392

   
35,263

 
64,489

Other Companies:
   
 
 
Partner companies and other holdings
27,031

 
15,260

Private equity funds
463

 
511

   
27,494

 
15,771

Advances to partner companies
16,888

 
15,325

   
$
79,645

 
$
95,585

The Company’s active partner companies were as follows as of September 30, 2019:
Partner Company
Safeguard Primary Ownership as of September 30, 2019
 
Accounting Method
Aktana, Inc.
17.9%
 
Equity
Clutch Holdings, Inc.
41.2%
 
Equity
Flashtalking
10.1%
 
Other
InfoBionic, Inc.
25.2%
 
Equity
Lumesis, Inc.
43.6%
 
Equity
MediaMath, Inc.
13.4%
 
Other
meQuilibrium
32.7%
 
Equity
Moxe Health Corporation
32.4%
 
Equity
Prognos Health Inc.
28.7%
 
Equity
QuanticMind, Inc.
24.2%
 
Equity
Sonobi, Inc.
21.6%
 
Equity
Syapse, Inc.
20.1%
 
Equity
Trice Medical, Inc.
16.7%
 
Equity
WebLinc, Inc.
38.5%
 
Equity
Zipnosis, Inc.
37.7%
 
Equity
Equity Method Investment Partner Company Results Of Operation
   
Three months ended September 30,
 
Nine months ended September 30,
   
2019
 
2018
 
2019
 
2018
 
(Unaudited - In thousands)
Results of Operations:
 
 
 
 
 
 
 
Revenue
$
28,940

 
$
42,396

 
$
112,540

 
$
241,023

Gross profit
$
14,448

 
$
23,624

 
$
61,401

 
$
157,952

Net loss
$
(30,470
)
 
$
(35,063
)
 
$
(99,282
)
 
$
(121,440
)