Investments Investments (Tables)

6 Months Ended

Jun. 30, 2017

Investments, Debt and Equity Securities [Abstract]

Fair Value, Measured on Recurring Basis, Gain (Loss) Included in Earnings [Table Text Block]

For the period from the IPO on May 17, 2017 to June 30, 2017, the accompanying consolidated statement of operations reflected the following (in thousands):



	Three and Six Months Ended June 30,
	2017
Gain on conversion of loans and accrued interest⁽¹⁾	$	2,671
Gain on exercise of warrant⁽²⁾	4,616
Change in fair value of investment, net⁽³⁾	(12,698		)
Net unrealized loss on investment at fair value	$	(5,411	)

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

Summarized financial information for Veritone, presented on a three month lag basis, is as follows (in thousands, except per share amounts):



	Three Months Ended March 31,
	2017
Revenues	$	3,108
Gross profit	2,912
Operating expenses	9,543
Other income (expense), net	786
Net Loss attributable to common stockholders	(6,920		)

Net loss per share attributable to common stockholders - basic and diluted	$	(3.09	)



	March 31, 2017		December 31, 2016
Current assets	$	24,514	$	21,367
Noncurrent assets	1,830		981
Total Assets	$	26,344	$	22,348
Current liabilities	$	51,339	$	44,501
Noncurrent liabilities	22		22
Total liabilities	51,361		44,523
Total liabilities, preferred stock and stockholders’ equity	$	26,344	$	22,348