Investments (Tables)

12 Months Ended

Dec. 31, 2017

Investments, All Other Investments [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 December 31, 2017, the accompanying consolidated statements of operations reflected the following (in thousands):

	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, warrants	8,317
Change in fair value of investment, common stock	33,922
Net unrealized gain on investment at fair value	$	49,526

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):

	Nine Months Ended September 30, 2017
	(Unaudited)
Revenues	$	10,914
Gross profit	10,090
Operating expenses	44,024
Other income (expense), net	(12,872		)
Net loss attributable to common stockholders	(51,281		)
Net loss per share attributable to common stockholders - basic and diluted	$	(5.94	)

	September 30, 2017
Current assets	$	78,509
Noncurrent assets	1,173
Total Assets	$	79,682
Current liabilities	$	31,836
Noncurrent liabilities	14
Total liabilities	31,850
Preferred stock	—
Total stockholders’ equity (deficit)	47,832
Total liabilities, preferred stock and stockholders’ equity	$	79,682

Schedule of Assumptions Used [Table Text Block]

he DLOM for the Veritone common stock and warrants was estimated utilizing a Finnerty model with the following results and assumptions:

	Veritone Common Stock		Veritone Warrants
	IPO Date	December 31, 2017	IPO Date	December 31, 2017
Estimated DLOM applied	5.7%	5%	5.7%	10%
Volatility assumptions	35%	37%	35%	72	%	-	87%
Term assumptions	6 months	2 months	6 months	5 months

Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]