MGT Capital Investments (MGTI) 10-K 20 Apr 17 2016 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2016	Apr. 17, 2017	Jun. 30, 2016
Document And Entity Information
Entity Registrant Name	MGT CAPITAL INVESTMENTS INC
Entity Central Index Key	1,001,601
Document Type	10-K
Document Period End Date	Dec. 31, 2016
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Public Float			$ 93,000,000
Entity Common Stock, Shares Outstanding		34,797,855
Trading Symbol	MGT
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,016

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current assets
Cash and cash equivalents	$ 345	$ 359
Prepaid expenses and other current assets	153	61
Investments available for sale	44	444
Digital currencies, Bitcoins	10
Notes receivable		1,575
Total current assets	552	2,439
Non-current assets
Restricted cash		39
Property and equipment, at cost, net	602	35
Intangible assets, net	468	730
Goodwill		1,496
Investments, at cost	287	1,380
Total assets	1,908	6,119
Current liabilities
Accounts payable	66	63
Accrued expenses	124	15
Other payables	1	1
Total current liabilities	191	79
Non-current liabilities
Notes payable, net of discount	2,300
Total liabilities	2,491	79
Commitments and contingencies
MGT Capital Investments, Inc.'s Stockholders' (Deficit) Equity
Common stock, $0.001 par value; 75,000,000 shares authorized; 28,722,855 and 17,928,221 shares issued and outstanding at December 31, 2016 and 2015, respectively	29	18
Additional paid-in capital	327,943	311,167
Accumulated other comprehensive loss	(66)	(1,206)
Accumulated deficit	(328,467)	(303,944)
Total MGT Capital Investments, Inc.'s Stockholders' (Deficit) Equity	(561)	6,035
Non-controlling interests	(22)	5
Total (Deficit) Equity	(583)	6,040
Total (deficit) equity, liabilities, redeemable convertible preferred stock and non–controlling interest	1,908	6,119
Series A Convertible Preferred Stock [Member]
Redeemable convertible preferred stock - temporary equity
Preferred stock, Series A Convertible Preferred, $0.001 par value, 1,500,000 shares authorized at December 31, 2016 and 2015; No shares outstanding at December 31, 2016 and 10,608 shares outstanding at December 31, 2015.
Undesignated Preferred Stock [Member]
MGT Capital Investments, Inc.'s Stockholders' (Deficit) Equity
Undesignated preferred stock, $0.001 par value, 8,583,840 shares authorized at December 31, 2016 and 2015. No shares issued and outstanding at December 31, 2016 and 2015

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2016	Dec. 31, 2015
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	28,722,855	17,928,221
Common stock, shares outstanding	28,722,855	17,928,221
Series A Convertible Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	1,500,000	1,500,000
Preferred stock, shares issued
Preferred stock, shares outstanding		10,608
Undesignated Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	8,583,840	8,583,840
Preferred stock, shares issued
Preferred stock, shares outstanding

Consolidated Statement of Opera

Consolidated Statement of Operations and Comprehesive Loss - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Revenues
Bitcoin mining	$ 313
Licensing		102
Gaming		2
Total Revenue	313	104
Cost of revenues
Bitcoin mining	209
Licensing		5
Total Cost of Revenue	209	5
Gross margin	104	99
Operating expenses
General and administrative	17,676	2,821
Sales and marketing	198
Impairment of intangible assets	673	472
Impairment of goodwill	1,496
Research and development	297
Total Operating Expenses	20,340	3,293
Operating loss	(20,236)	(3,194)
Other non-operating (expense) / income
Interest and other (expense) / income	216	(23)
Amortization of debt discount	(41)
Loss on sale of investments	(1,169)
Loss on sale of asset		(144)
Loss on exchange of notes receivable into investments	(196)
Impairment of long-term investments	(1,358)
Impairment of notes receivable	(45)	(556)
Loss on extinguishment of debt	(2,013)
Total Other Expenses	(4,606)	(723)
Net loss before income taxes and non-controlling interest	(24,842)	(3,917)
Income tax benefit / (expense)
Net loss from continuing operations before non-controlling interest	(24,842)	(3,917)
Discontinued operations - DraftDay.com
Net loss from discontinued operations - DraftDay.com		(1,068)
Gain on termination of asset purchase agreement		250
Loss on sale of assets		(387)
Net loss from discontinued operations		(1,205)
Net loss before non-controlling interest	(24,842)	(5,122)
Net loss attributable to non-controlling interest	319	341
Net loss attributable to Common stockholders	(24,523)	(4,781)
Other comprehensive loss
Reclassification adjustment upon sale of available for sale investments into net loss	1,453	281
Unrealized holding loss	(313)	(1,206)
Comprehensive loss	$ (23,383)	$ (5,706)
Per-share data
Basic and diluted loss per share - continuing operations	$ (1.08)	$ (0.26)
Basic and diluted loss per share - discontinued operations		(0.09)
Basic and diluted loss per share	$ (1.08)	$ (0.35)
Weighted average number of common shares outstanding	22,651,914	13,894,355

Redeemable Preferred Stock and

Redeemable Preferred Stock and Stockholders' Equity - USD ($) $ in Thousands	Redeemable Convertible Preferred Stock [Member]	Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Comprehensive Loss [Member]	Accumulated Deficit [Member]	Total shareholders' equity (Deficit) [Member]	Noncontrolling Interest [Member]	Total
Balance at Dec. 31, 2014		$ 11	$ 308,288	$ (281)	$ (299,163)	$ 8,855	$ 442	$ 9,297
Balance, shares at Dec. 31, 2014	10	10,732
ATM sales		$ 3	1,641			1,644		1,644
ATM sales, shares		3,155
Preferred share dividend
Preferred share dividend, shares	1
Transfers from the non-controlling interest			96			96	(96)	96
Transfers from the non-controlling interest, shares
Stock-based compensation			130			130		130
Stock-based compensation, shares		186
Stock issued for services			161			161		161
Stock issued for services, shares		366
Sale of common stock		$ 4	851			855		855
Sale of common stock, shares		3,489
Net loss for the period					(4,781)	(4,781)	(341)	(5,122)
Warrant modification expense
Fair value of warrants issued in connection with Notes payable
Unrealized holding loss on available for sale investments				(925)		(925)		(925)
Balance at Dec. 31, 2015		$ 18	311,167	(1,206)	(303,944)	6,035	5	6,040
Balance, shares at Dec. 31, 2015	11	17,928
Transfers from the non-controlling interest								292
Stock-based compensation		$ 3	9,679			9,682		9,682
Stock-based compensation, shares		3,151
Stock issued for services		$ 1	1,106			1,106		$ 1,106
Stock issued for services, shares		825						976,000
Net loss for the period					(24,523)	(24,523)	(319)	$ (24,842)
Stock issued for acquisitions		$ 0	495			495		495
Stock issued for acquisitions, shares		150
Stock issued for exchange of warrants		$ 1	832			832		832
Stock issued for exchange of warrants, shares		540
Warrant exercises		$ 6	2,421			2,427		2,427
Warrant exercises, shares		6,118
Warrant modification expense			431			431		431
Acquisition of non-controlling interest			(292)			(292)	292
Conversion of Preferred Series A into Common stock
Conversion of Preferred Series A into Common stock, shares	(11)	11
Fair value of warrants issued in connection with Notes payable			761			761		761
Beneficial conversion feature on convertible notes			702			702		702
Fair value of vested stock options			642			642		642
Unrealized holding loss on available for sale investments				(313)		(313)		(313)
Reclassification adjustment for loss included in net income				1,453		1,453		1,453
Balance at Dec. 31, 2016		$ 29	$ 327,943	$ (66)	$ (328,467)	$ (561)	$ (22)	$ (583)
Balance, shares at Dec. 31, 2016		28,722

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Cash flows from operating activities
Net loss	$ (24,842)	$ (5,122)
Net loss from discontinued operations		1,205
Net loss including portion attributable to discontinued operations	(24,842)	(3,917)
Adjustments to reconcile net loss to net cash used in operating activities
Depreciation	126	14
Amortization of intangible assets	83	227
Stock-based expense	11,662	291
Reserve for note receivable	45	550
Warrant modification expense	431
Loss on extinguishment of debt	2,013
Loss on sale of investments	1,169
Impairment of long-term investments	1,358
Loss on sale of assets		144
Impairment of intangible assets	673	472
Impairment of goodwill	1,496
Amortization of debt discount	41
Loss on conversion of notes receivable into investments	196
Change in operating assets and liabilities
Accounts receivable		5
Prepaid expenses and other current assets	(92)	80
Accounts payable	3	(136)
Digital currencies, Bitcoins	(10)
Accrued expenses	119	(165)
Other payables		11
Net cash used in operating activities	(5,528)	(2,424)
Cash flows from investing activities
Release of restricted cash and security deposit	39	101
Purchase of equipment	(693)	(38)
Purchase of investments - short term	(414)
Purchase of investments - long term	(265)
Purchase of note receivable - long term	(45)	(250)
Proceeds from sale of intangible assets		35
Proceeds from sale of investments	2,165
Net cash provided by (used in) investing activities	787	(152)
Cash flows from financing activities
Proceeds from ATM sales of Common stock, net of fees		1,644
Proceeds from issuance of Note payable	2,300
Proceeds from sale of Common stock, net of fees		855
Proceeds from exercise of Common stock warrants	2,427
Net cash provided by financing activities	4,727	2,499
Cash flows from discontinued operations - DraftDay.com
Net cash used in operating activities		(212)
Net cash used in investing activities
Net cash used in discontinued operations		(212)
Continuing operations	(14)	(289)
Discontinued operations		(807)
Net change in cash and cash equivalents continuing and discontinued operations	(14)	(1,096)
Continuing operations	359	648
Discontinued operations		807
Continuing operations	345	359
Discontinued operations
Supplemental disclosures of cash flow information
Cash paid during the year for interest	104,480
Cash paid during the year for taxes
Supplemental non-cash disclosures (investing activities)
Investments received in consideration for sale of DraftDay.com		3,030
Issuance of notes receivable in consideration for sale of DraftDay.com		2,109
Transfers from the non controlling interest	292	96
Reclassification adjustment upon sale of available for sale investments into net loss	1,453
Unrealized holding loss on available for sale investments	(313)	(925)
Stock issued for acquisitions of intangible assets	495
Fair value of warrants issued in connection with Notes payable	761
Conversion of notes receivable into investments	1,379
Property and equipment - DraftDay.com		(17)
Intangible assets - DraftDay		(561)
Goodwill - DraftDay.com		(4,948)
Intangible assets - MGT Interactive		$ (180)

Organization

Organization	12 Months Ended
	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	Note 1. Organization MGT Capital Investments, Inc. (“MGT,” “the Company,” “we,” “us”) is a Delaware corporation, incorporated in 2000. The Company was originally incorporated in Utah in 1977. MGT is comprised of the parent company, wholly–owned subsidiaries MGT Cybersecurity, Inc. (“MGT Cybersecurity”), Medicsight, Inc. (“Medicsight”), MGT Sports, Inc. (“MGT Sports”), MGT Studios, Inc. (“MGT Studios”), MGT Interactive, LLC (“MGT Interactive”) and MGT Gaming, Inc. (“MGT Gaming”). MGT Studios also owns a controlling minority interest in the subsidiary M2P Americas, Inc. Our corporate office is located in Durham, North Carolina. The Company is in the process of acquiring and developing a diverse portfolio of cybersecurity technologies. With industry pioneer John McAfee at its helm, MGT is positioning itself to address various cyber threats through advanced protection technologies for mobile and personal tech devices, as well as corporate networks. Also as part of its corporate efforts in secure technologies, MGT is growing its capacity in mining Bitcoin. Currently at 5.0 PH/s, the Company’s facility in WA state produces about 100 Bitcoins per month, ranking it as one of the largest U.S. based Bitcoin miners. Further, MGT is in active discussions with potential financial partners to grow Bitcoin output materially. Lastly, MGT stockholders have voted to change the corporate name of MGT to “John McAfee Global Technologies, Inc.” Following a dispute over ownership and permitted usage of the name McAfee, The Company and Intel have agreed to a mediation process to avoid unnecessary legal costs. Cybersecurity On May 9, 2016, we, through our wholly owned subsidiary, MGT Cybersecurity, Inc. entered an asset purchase agreement (APA) to acquire certain assets owned by D–Vasive, Inc., a Wyoming corporation in the business of developing and marketing certain privacy and anti–spy applications (the “D–Vasive APA). Pursuant to the terms of the D–Vasive APA, the Company had agreed to purchase assets including but not limited to applications for use on mobile devices, intellectual property, customer lists, databases, sales pipelines, proposals and project files, licenses and permits. The proposed purchase price for D–Vasive was $300 in cash and 23.8 million shares of MGT common stock. On October 5, 2016, the Company paid a $70 refundable advance as part of a modification of terms. The advance will be refundable if the APA is not close within twelve months of the modification. On May 26, 2016, the Company entered an asset purchase agreement with Demonsaw LLC, a Delaware company, for the purchase of certain technology and assets. Demonsaw is in the business of developing and marketing secure and anonymous information sharing applications. Pursuant to the terms of the Demonsaw APA, we had agreed to purchase assets including the source code for the Demonsaw solution, intellectual property, customer lists, databases, sales pipelines, proposals and project files, licenses and permits. The proposed purchase price for Demonsaw was 20.0 million shares of MGT common stock. On July 7, 2016, and prior to the closing of either of the above transactions, the Company and Demonsaw terminated the Demonsaw APA. Simultaneously, D–Vasive entered an agreement with the holders of Demonsaw outstanding membership interests, whereby D–Vasive would purchase all such membership interests. The closing of that transaction was contingent on the closing of the transaction contemplated under the D–Vasive APA. Accordingly, the proposed purchase price for D–Vasive (inclusive of the Demonsaw assets) was increased to 43.8 million shares of MGT common stock (the “Amended APA”). On August 8, 2016, the Company filed a Definitive Proxy Statement to solicit, among other things, shareholder approval of the D–Vasive acquisition, at the upcoming Annual Meeting of Stockholders. On September 8, 2016, shareholder approval was obtained. However, on September 19, 2016, the New York Stock Exchange informed the Company that it would not approve the listing on the Exchange of the 43.8 million shares required to be issue to complete the closing of the D–Vasive acquisition. Not reaching this critical closing condition resulted in the termination of the Amended APA. On October 24, 2016, the Company consummated the July 2016 asset purchase agreement with Cyberdonix, Inc., an Alabama corporation for the purchase of the “ Sentinel On March 3, 2017, MGT purchased 46% of the outstanding membership interests in Demonsaw LLC for 2.0 million MGT common shares. On April 3, 2017, the Company terminated the APA dated May 9, 2016, as amended on July 7, 2016, entered into by and among MGT, D–Vasive, the shareholders of D–Vasive and MGT Cybersecurity. The termination of the APA was premised on Section 3.4(b) of the APA which states that the APA may be terminated by either party thereto if the Closing contemplated thereunder did not occur on or before a specified date and the same is not otherwise extended by the parties, in writing or otherwise. Pursuant to the APA, as amended, MGT would have acquired certain technology and assets of D–Vasive if the Closing had occurred on the terms of the APA, as amended. Bitcoin Mining On September 13, 2016, the Company announced launch of its 5.0 PH/s Bitcoin mining operation. Based in central Washington, the mining facility currently produces about 100 Bitcoins per month. Legacy Businesses Prior to second quarter ending June 30, 2016, the Company and its subsidiaries were principally engaged in the business of acquiring, developing and monetizing assets in the online and mobile gaming space as well as the social casino industry. MGT’s portfolio includes minority stakes in the skill–based gaming platform MGT Play and fantasy sports operator DraftDay Gaming Group, Inc. (“DDGG”) (see September 8, 2015 development below). DraftDay Gaming Group Effective September 3, 2015, the Company terminated the Asset Purchase Agreement with Random Outcome (“RO”) (“RO Agreement”) originally entered into on June 11, 2015, as amended to date. According to its terms, the RO Agreement could be terminated by the Company or RO if a closing had not occurred by August 31, 2015. The RO Agreement provided for the sale of the DraftDay.com Business to RO for a purchase price of (i) cash equal to the sum of (a) $4,000 and (b) $10 per day for the period starting July 15, 2015 and ending on the closing date and (ii) a three–year warrant to purchase 500,000 shares of RO Common stock at an exercise price of $1.00, a three–year warrant to purchase 500,000 shares of RO Common stock at an exercise price of $1.33, and a three–year warrant to purchase 500,000 shares of RO Common stock at an exercise price of $1.66. The non–refundable deposit of $250 was recorded as gain on termination of Asset Purchase Agreement in the Consolidated Statement of Operations under discontinued operations for the year ended December 31, 2015. On September 8, 2015, the Company and MGT Sports entered into an Asset Purchase Agreement with Viggle, Inc. (“Viggle”) and Viggle’s subsidiary DDGG, pursuant to which Viggle acquired all of the assets of the DraftDay.com business (“DraftDay.com”) from the Company and MGT Sports. In exchange for the acquisition of DraftDay.com, Viggle paid MGT Sports the following (share amounts and per share amounts are reflected post stock split): (a) 63,467 shares of Viggle’s common stock, since renamed Function(x) Inc. (NASDAQ: FNCX) (“FNCX”), (b) a promissory note in the amount of $234 paid on September 29, 2015, (c) a promissory note in the amount of $1,875 due March 8, 2016 (“FNCX Note”, “the Note”), and (d) 2,550 shares of Common stock of DDGG (private entity). In addition, in exchange for providing certain transitional services, DDGG issued to MGT Sports a warrant to purchase 1,500 shares of DDGG common stock. Following consummation of the transaction, MGT Sports owns an 11% equity interest in DDGG, FNCX owns 49%, and Sportech, Inc. owns 39%. As a result of the transaction, the Company has presented DraftDay.com as a discontinued operation. As of December 31, 2015, the Company booked a reserve of $300 against the Note. The following table summarizes fair values of the net assets assumed in consideration for the sale of the DraftDay.com Business assets: Viggle Common shares received at closing share price of $26.00 $ 1,650 Viggle promissory notes 2,109 DDGG Common shares received at fair market value of $400.00 per share (1) 1,020 DDGG stock purchase warrants received (2) 360 Total consideration $ 5,139 The transaction resulted in a loss on the sale of $387 in the Consolidated Statement of Operations under discontinued operations during the year ended December 31, 2015. (1) DDGG Common shares were valued based on recent equity sales by DDGG to Viggle. Viggle purchased shares of DDGG at a price of $400.00 per share. (2) The Company determined fair value of the warrants received utilizing a Black–Scholes option pricing model. The Company utilized the following assumptions: fair value of Common share of DDGG stock – $400.00 per share, exercise price of $400.00, risk free rate of 0.65%, expected volatility of 98% which is the 3–year historical volatility of the Company’s Common stock. On March 24, 2016, the Company entered into an Exchange Agreement (the “FNCX March 24th Agreement”) with FNCX. The purpose of the FNCX March 24th Agreement was to exchange the FNCX Note for other equity and debt securities of FNCX, after the Note went into default on March 8, 2016. On the effective date of the FNCX March 24th Agreement, the Note had an outstanding principal balance of $1,875 and accrued interest in the amount of $51 (the “March 24th Interest”). Pursuant to the FNCX March 24th Agreement, a portion consisting of $825 of the outstanding principal of the FNCX Note was exchanged for 137,418 shares of FNCX’s Common stock, and an additional portion of $110 of the outstanding principal was exchanged for 110 shares (the “FNCX Preferred shares”) of a newly created class of Preferred stock, the Series D Convertible Preferred stock. The FNCX Preferred shares were subsequently converted into 18,332 shares of FNCX’s Common stock. Finally, FNCX agreed to make a cash payment to MGT Sports for the total amount of March 24th Interest. In exchange for the forgoing, MGT Sports and the Company agreed to waive all Events of Default under the FNCX Note prior to the effective date of the FNCX March 24th Agreement and to release FNCX from any rights, remedies and claims related thereto. After giving effect to the forgoing, the remaining outstanding principal balance of the FNCX Note was $940 which continued to accrue interest a rate of 5% per annum, and all terms of the Note remained unchanged except that the maturity date was changed to July 31, 2016. On June 14, 2016, the Company and MGT Sports entered into a Securities Exchange Agreement (the “FNCX June 14th Agreement”) with FNCX to exchange $940 remaining outstanding principal of the FNCX Note for 132,092 shares of FNCX’s Common stock and FNCX shall make a cash payment to MGT Sports for the total amount of interest accrued until consummation of the transaction contemplated in the FNCX June 14th Agreement. The closing of the FNCX June 14th Agreement was conditioned on FNCX’s shareholders’ approval of the issuance of the FNCX Common shares and satisfaction of other closing conditions set forth in the FNCX June 14th Agreement. On September 16, 2016, FNCX amended its Certificate of Incorporation to effect a reverse stock split of all issued and outstanding shares of common stock at a ratio of 1 for 20 (the "Reverse Stock Split"). The effective date of the Reverse Stock Split is September 16, 2016. The above common stock share amounts received from FNCX have been adjusted to reflect the Reverse Stock Split. On October 10, 2016, the Note was satisfied through the issuance of 136,304 shares of common stock and payment of interest of $16. These shares were sold during December 2016, and the Company recorded a loss on sale of investments of $86 and loss on conversion of the Note of $196. Other Assets MGT Gaming owns three patents covering certain features of casino slot machines. Two of the patents were asserted against alleged infringers in various actions in federal court in Mississippi. In July 2014, MGT Gaming dismissed its lawsuits against WMS Gaming Inc., and in August 2015, the Company and defendants Aruze America and Penn National Gaming agreed to settle all pending litigation and all proceedings at the U. S. Patent and Trademark Office. As a result, during 2015, the Company received a payment of $90, which was recorded as licensing revenue. In an effort to monetize its gaming patent portfolio during the year ended December 31, 2016, the Company engaged Munich Innovations GmbH, the patent monetization firm that sold MGT’s medical patent portfolio to Samsung in 2013 for $1.5 million. As of December 31, 2016, an impairment charge of ($659) for the full value of the patent was recorded, as the Company is in no longer engaged in this business. On April 21, 2015, Gioia Systems, LLC (“Gioia”) filed a complaint against the Company, the Company’s majority owned subsidiary, MGT Interactive, LLC, Robert Ladd and Robert Traversa with the United States District Court for the Southern District of New York. MGT Interactive, LLC was also included as a derivative plaintiff in the action. Gioia’s complaint asserts claims for breach of contract and breach of fiduciary duty relating to the Contribution Agreement and related agreements. On July 19, 2015, the Company and the other defendants filed an answer, in which they denied the allegations, raised affirmative defenses, and introduced several counterclaims against Gioia. On August 28, 2015, the Company and MGT Interactive along with Gioia entered into an Assignment and Sale Agreement (the “Agreement”). MGT Interactive purchased the 49% membership interest that Gioia owned of MGT Interactive and sold the certain tangible and intellectual property assets that MGT Interactive previously acquired from Gioia. Effective as of August 28, 2015, MGT Interactive irrevocably sold all assets and Gioia accepts all assets free and clear of all liens etc. In exchange for such assets, Gioia is to transfer the 49% membership interest to Interactive along with a cash payment of $35. As a result of the Agreement, the Company recognized a $144 loss on sale of assets during the year ended December 31, 2015. The following summarizes the recognition of the Agreement: Cash $ 35 Intangible assets (179 ) Loss on Sale $ 144 On August 16, 2016, the Company purchased 17.5% membership interest in Two minute Quests LLC (“2MQ”) for $115. 2MQ is introducing a game for the iWatch and iPhone. As of December 31, 2016, the Company recorded an impairment charge for the full value of $115 of this investment. On May 13, 2016, the Company acquired 6% Membership Interest in The Round House LLC for cash consideration of $150. Round House LLC is an Alabama–based technology incubator, offering co–working space, accelerator services and angel investment. As of December 31, 2016, the Company recorded an impairment charge for the full value of $150 of this investment.

Going Concern and Management Pl

Going Concern and Management Plans	12 Months Ended
	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern and Management Plans	Note 2. Going Concern and Management Plans The accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As of December 31, 2016, the Company had incurred significant operating losses since inception and continues to generate losses from operations and has an accumulated deficit of $328,467. These matters raise substantial doubt about the Company’s ability to continue as a going concern. The consolidated financial statements do not include any adjustments relating to the recoverability and classification of asset amounts or the classification of liabilities that might be necessary should the Company be unable to continue as a going concern. Commercial results have been limited and the Company has not generated significant revenues. The Company’s primary source of operating funds since inception has been debt and equity financings. On October 19, 2016, the Company received a letter from the New York Stock Exchange (“NYSE” or the “Exchange”) stating that the staff of NYSE Regulation has determined to commence proceedings to delist the Company’s common stock (the “Action”). The delisting could have an adverse effect on the Company’s ability to secure operating funds from debt and equity financings. The Company cannot assure its stockholders that the Company’s revenues will be sufficient to fund its operations. If adequate funds are not available, the Company may be required to curtail its operations significantly or to obtain funds through entering into arrangements with collaborative partners or others that may require the Company to relinquish rights to certain of our technologies or products that the Company would not otherwise relinquish. At December 31, 2016, MGT’s cash and cash equivalents were $345. The Company intends to raise additional capital, either through debt or equity financings or through the continued sale of the Company’s assets or equity securities in order to achieve its business plan objectives. Management believes that it can be successful in obtaining additional capital; however, no assurance can be provided that the Company will be able to do so. There is no assurance that any funds raised will be sufficient to enable the Company to attain profitable operations or continue as a going concern. To the extent that the Company is unsuccessful, the Company may need to curtail or cease its operations and implement a plan to extend payables or reduce overhead until sufficient additional capital is raised to support further operations. There can be no assurance that such a plan will be successful. In February and March 2017, the Company entered into Securities Purchase Agreements (the “Purchase Agreements”) with accredited investors (the “Investors”) relating to the issuance and sale of 1,625,000 shares of the Company’s common stock, par value $0.001 per share (the “Shares”) at a purchase price of $0.40 per Share. In addition, for every Share purchased, the Investors shall receive detachable warrants, as follows (i) one Series A Warrant; (ii) one Series B Warrant; and (iii) one Series C Warrant (collectively the “Warrants”). Each Series A Warrant is exercisable for one (1) Share, for a period of three (3) years at a price of $0.50 per Share. Each Series B Warrant is exercisable for one (1) Share, for a period of three (3) years at a price of $0.75 per Share, and each Series C Warrant is exercisable is exercisable for one (1) Share, for a period of three (3) years at a price of $1.00 per Share. The gross proceeds from the Purchase Agreements were $650. In February and March 2017, holders of the Company’s 8% Convertible Notes converted a total of $1,800 principal value into a total of 1,900,000 shares of the Company’s common stock. On March 14, 2017, the Company and L2 Capital, LLC (“L2 Capital”), a Kansas limited liability company, entered into an equity purchase agreement (the “Equity Purchase Agreement”), pursuant to which the Company shall issue and sell to L2 Capital from time to time up to $5 million of the Company’s common stock that will be registered with the Securities and Exchange Commission (the “SEC”) under a registration statement on a form S–1. Pursuant to the Equity Purchase Agreement, the Company may require L2 Capital to purchase shares of Common Stock in a minimum amount of $25 and maximum of the lesser of (a) $1 million or (b) 150% of the Average Daily Trading Value, upon the Company’s delivery of a Put Notice to L2 Capital. L2 Capital shall purchase such number of shares of Common Stock at a per share price that equals to the lowest closing bid price of the Common Stock during the Pricing Period multiplied by 90%. Before the expiration of the term of the Equity Purchase Agreement, the said Agreement shall terminate, subject to certain exceptions set forth therein, at any time by a written notice from the Company to L2 Capital. In connection with the Equity Purchase Agreement, the Company has issued to L2 Capital an 8% convertible promissory note (the “Commitment Note”) in the principal amount of $160 in consideration of L2 Capital’s contractual commitment to the Equity Purchase Agreement. The Commitment Note matures six months after the Issue Date. All or part of the Commitment Note is convertible into the Common Stock of the Company upon the occurrence of any of the Events of Default at a Variable Conversion Price that equals to 75% of the lowest Trading Price for the Common Stock during a thirty–day Trading Day period immediately prior to the Conversion Date. In addition, on March 10, 2017, the Company and L2 Capital entered into a securities purchase agreement (the “Securities Purchase Agreement”), pursuant to which the Company issued two 10% convertible notes (the “Convertible Notes”) in an aggregate principal amount of $1 million with a 20% original issue discount, which was funded on March 14, 2017. The Company received gross proceeds of $393 (which represents the deduction of the 20% original discount and $7 for L2 Capital’s legal fees) in exchange for issuance of the first Convertible Note (the “First Note”) in the Principal Amount of $500. The First Note matures six months from the Issue Date and the accrued and unpaid interest at a rate of 10% per annum is due on such date. At any time on or after the occurrence of an Event of Default, the Holder of the First Note shall have the right to convert all or part of the unpaid and outstanding Principal Amount and the accrued and unpaid interest to shares of Common Stock at a Conversion Price that equals 65% multiplied by the lowest Trading Price for the Common Stock during a thirty–day Trading Day period immediately prior to the Conversion Date (the “Market Price”). On the date stated immediately above, the Company received a L2 Capital Back End Note (“L2 Collateralized Note”) secured with the First Note for its issuance of the Second Note to L2 Capital. In accordance with the Second Note, the Company shall pay to the order of L2 Capital a Principal Amount of $500 and the accrued and unpaid interest at a rate of 10% per annum on the Maturity Date, which is eight months from the Issue Date. At any time on or after the occurrence of an Event of Default, the Holder of the Second Note shall have the right to convert all or part of the unpaid and outstanding Principal Amount and the accrued and unpaid interest into shares of Common Stock at a Conversion Price that equals to 65% multiplied by the Market Price. Pursuant to the L2 Collateralized Note, L2 Capital promises to pay the Company the Principal Amount of $500 (consisting $393 in cash, legal fees of $7 and an original issuance discount of $100) no later than November 10, 2017. In connection with the issuance of the First Note and the Second Note, the Company also issued to L2 Capital Warrants to purchase up to 400,000 shares of Common Stock (the “Warrant Shares”) pursuant to the common stock purchase warrant (the “Common Stock Purchase Warrant”) executed by the Company. The Warrant shall be exercisable at a price of 110% multiplied by the closing bid price of the Common Stock on the Issuance Date (the “Exercise Price”), subject to adjustments and exercisable from the Issue Date until the five-year anniversary. At the time that the Second Note is funded by the Holder thereof in cash, then on such funding date, the Warrant Shares shall immediately and automatically be increased by the quotient (the “Second Warrant Shares”) of $375,000.00 divided by the lesser of (i) the Exercise Price and (ii) 110% multiplied by the closing bid price of the Common Stock on the funding date of the Second Note. With respect to the Second Warrant Shares, the Exercise Price hereunder shall be redefined to equal the lesser of (i) the Exercise Price and (ii) 110% multiplied by the closing bid price of the Common Stock on the funding date of the Second Note. L2 Capital may exercise the Warrant cashless unless the underlying shares of Common Stock have been registered with the SEC prior to the exercise.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 3. Summary of Significant Accounting Policies Basis of Presentation The Company’s financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) and the rules and regulations of the SEC. All amounts referred to in the notes to the consolidated financial statements are in United States Dollars ($) unless stated otherwise. Use of Estimates and Assumptions and Critical Accounting Estimates and Assumptions The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date(s) of the financial statements and the reported amounts of revenues and expenses during the reporting period(s). Critical accounting estimates are estimates for which (a) the nature of the estimate is material due to the levels of subjectivity and judgment necessary to account for highly uncertain matters or the susceptibility of such matters to change and (b) the impact of the estimate on financial condition or operating performance is material. The Company’s critical accounting estimates and assumptions affecting the financial statements were: (1) Fair value of long–lived assets: (2) Valuation allowance for deferred tax assets: (3) Estimates and assumptions used in valuation of equity instruments: These significant accounting estimates or assumptions bear the risk of change due to the fact that there are uncertainties attached to these estimates or assumptions, and certain estimates or assumptions are difficult to measure or value. Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable in relation to the financial statements taken as a whole under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Management regularly evaluates the key factors and assumptions used to develop the estimates utilizing currently available information, changes in facts and circumstances, historical experience and reasonable assumptions. After such evaluations, if deemed appropriate, those estimates are adjusted accordingly. Actual results could differ from those estimates. Principles of Consolidation All intercompany transactions and balances have been eliminated. Non–controlling interest represents the minority equity investment in MGT subsidiaries, plus the minority investors’ share of the net operating results and other components of equity relating to the non–controlling interest. Business Combinations As specified in ASC 805 “Business Combinations” Cash, Cash Equivalents and Restricted Cash The Company considers investments with original maturities of three months or less to be cash equivalents. Restricted cash primarily represents cash not available for immediate and general use by the Company. The Company minimizes its credit risk associated with cash by periodically evaluating the credit quality of its primary financial institution. The balance at times may exceed federally insured limits. As of December 31, 2016 and 2015 the Company had no cash equivalents. The Company maintains its cash and cash equivalents in banks insured by the Federal Deposit Insurance Corporation (FDIC) in accounts that at times may be in excess of the federally insured limit of $250 per bank. At December 31, 2016 and 2015, the uninsured balances amounted to $0 and $96, respectively. As of December 31, 2015, restricted cash was $39, which supported a letter of credit, in lieu of a rental deposit, for our Harrison, NY office lease. Investments Equity security investments available for sale, at market value, reflect unrealized appreciation and depreciation, as a result of temporary changes in market value during the period, in shareholders’ equity, net of income taxes in “accumulated other comprehensive income (loss)” in the consolidated balance sheets. For non–publicly traded securities, market prices are determined through the use of pricing models that evaluate securities. For publicly traded securities, market value is based on quoted market prices or valuation models that use observable market inputs. Property and Equipment Property and equipment are stated at cost less accumulated depreciation. Depreciation is calculated using the straight–line method on the various asset classes over their estimated useful lives, which range from two to five years. The cost of repairs and maintenance is expensed as incurred; major replacements and improvements are capitalized. When assets are retired or disposed of, the cost and accumulated depreciation are removed from the accounts, and any resulting gains or losses are included in income in the year of disposition. Intangible Assets Intangible assets consist of patents, trademarks, domain names, software and customer lists. Estimates of future cash flows and timing of events for evaluating long–lived assets for impairment are based upon management’s judgment. If any of our intangible or long–lived assets are considered to be impaired, the amount of impairment to be recognized is the excess of the carrying amount of the assets over its fair value. Applicable long–lived assets are amortized or depreciated over the shorter of their estimated useful lives, the estimated period that the assets will generate revenue, or the statutory or contractual term in the case of patents. Estimates of useful lives and periods of expected revenue generation are reviewed periodically for appropriateness and are based upon management’s judgment. Goodwill Goodwill represents the excess of the purchase price over the fair value of the assets acquired and liabilities assumed. The Company is required to perform impairment reviews at each of its reporting units annually and more frequently in certain circumstances. The Company performs the annual assessment on December 31. In accordance with ASC 350–20 “Goodwill” Fair Value of Financial Instruments The carrying amounts of cash and cash equivalents, accounts payable, accrued expenses, and convertible notes payable approximate fair value due to the short–term nature of these instruments. The Company measures the fair value of financial assets and liabilities based on the guidance of ASC 820 “Fair Value Measurements and Disclosures,” ASC 820 ASC 820 Fair value measurements are categorized using a valuation hierarchy for disclosure of the inputs used to measure fair value, which prioritize the inputs into three broad levels: Level 1 Level 2 Level 3 Related Parties The Company follows subtopic 850–10 FASB Accounting Standards Codification Pursuant to Section 850–10–20 FASB Accounting Standards Fair Value Option Subsection of Section 825–10–15 FASB Accounting Standards Pursuant to ASC Paragraphs 850–10–50–1 50–5 Reclassification of discontinued operations In accordance with ASC 205–20 DraftDay.com’s loss for the year ended December 31, 2015 is included in “Loss from discontinued operations” in the Company’s Consolidated Statements of Operations and Comprehensive Loss. Summarized financial information for DraftDay.com’s operations for the years ended December 31, 2016, and 2015 are presented below: Year ended December 31, 2016 2015 Revenue $ – $ 640 Cost of sales – (225 ) Gross margin – 415 Operating expenses – (1,483 ) Net loss $ – $ (1,068 ) Revenue Recognition The Company recognizes revenue when it is realized or realizable and earned. We consider revenue realized or realizable and earned when there is persuasive evidence of an arrangement and that the product has been shipped or the services have been provided to the customer, the sales price is fixed or determinable and collectability is probable. Our material revenue streams are related to the delivery of intellectual property license fees and gaming fees: ● Digital currencies operating revenues ● Licensing ● Gaming Research and Development Research and development expenses are charged to operations as incurred. During the years ended December 31, 2016 and 2015, respectively, the Company expensed $297 and $nil in research and development costs related to continuing operations. Advertising and marketing costs The Company expenses advertising and marketing costs as incurred. During the years ended December 31, 2016 and 2015, respectively, the Company expensed $198 and $nil in advertising costs related to continuing operations. Stock–Based Compensation The Company recognizes compensation expense for all equity–based payments in accordance with ASC 718 “Compensation – Stock Compensation”. Restricted stock awards are granted at the discretion of the Company. These awards are restricted as to the transfer of ownership and generally vest over the requisite service periods, typically over an eighteen–month period (vesting on a straight–line basis). The fair value of a stock award is equal to the fair market value of a share of Company stock on the grant date. The Company accounts for share–based payments granted to non–employees in accordance with ASC 505–40, “Equity Based Payments to Non–Employees” Income Taxes The Company applies the elements of ASC 740–10 “Income Taxes — Overall” Deferred taxes are computed based on the tax liability or benefit in future years of the reversal of temporary differences in the recognition of income or deduction of expenses between financial and tax reporting purposes. The net difference, if any, between the provision for taxes and taxes currently payable is reflected in the balance sheet as deferred taxes. Deferred tax assets and/or liabilities, if any, are classified as current and non–current based on the classification of the related asset or liability for financial reporting purposes, or based on the expected reversal date for deferred taxes that are not related to an asset or liability. Valuation allowances are recorded to reduce deferred tax assets to that amount which is more likely than not to be realized. Our effective tax rate for years 2016 and 2015, were 0% and 0%, respectively. The difference in the Company’s effective tax rate from the Federal statutory rate is primarily due to a 100% valuation allowance provided for all deferred tax assets. Loss Per Share Basic loss per share is calculated by dividing net loss applicable to Common shareholders by the weighted average number of Common shares outstanding during the period. Diluted loss per share is calculated by dividing the net loss attributable to Common shareholders by the sum of the weighted average number of Common shares outstanding plus potential dilutive Common shares outstanding during the period. Potential dilutive securities, comprised of the convertible Preferred Stock, unvested restricted shares and stock options, are not reflected in diluted net loss per share because such shares are anti–dilutive. The computation of diluted loss per share for the year ended December 31, 2016, excludes 1,000,000 unvested restricted shares, 6,000,000 shares issuable under options and 100,000 shares issuable under warrants, as they are anti–dilutive due to the Company’s net loss. For the year ended December 31, 2015, the computation excludes 10,608 shares in connection to the Convertible Preferred stock, 3,820,825 warrants, as they are anti–dilutive due to the Company’s net loss. Segment Reporting Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision–making group in deciding how to allocate resources and in assessing performance. Our chief operating decision–making group is composed of the chief executive officer and chief financial officer. We operate in three operational segments, Gaming, Intellectual Property and Bitcoin Mining. Certain corporate expenses are not allocated to segments. Software Developed for Internal Use and For Sale The Company follows ASC 350–40 “Intangibles–Internal Use Software” The Company incurs costs in connection with the development of software products that are intended for sale. Costs incurred prior to technological feasibility being established for the product are expensed as incurred. Technological feasibility is established upon completion of a detail program design or, in its absence, completion of a working model. Thereafter, all software production costs are capitalized and subsequently reported at the lower of unamortized cost or net realizable value. Capitalized costs are amortized based on current and future revenue for each product with an annual minimum equal to the straight–line amortization over the remaining estimated economic life of the product. Amortization commences when the product is available for general release to customers. The Company concluded that capitalizing such expenditures after completion of a working model was inappropriate because the Company did not incur any material software production costs and therefore expenses were all research and development costs. Our research and development costs are comprised of staff, consultancy and other costs expensed on our products. Comprehensive Loss Comprehensive loss consists of two components, net loss and other comprehensive loss. Other comprehensive loss refers to revenue, expenses, gains and losses that are recorded as an element of stockholder’s equity but are excluded from net loss. The Company’s other comprehensive loss is comprised of reclassification adjustments for losses included in net income and unrealized holding losses on available for sale securities. Virtual Currency Accrual Users of the Company’s website maintain virtual currency balances which are accumulated as users participate in the Company’s online games. The amounts may become payable in cash by the Company once the user’s virtual currency balance exceeds a certain minimum threshold; a virtual currency balance of $0.01 or $0.02 based upon initial date of enrollment on the site. User accounts expire after six months of inactivity. The Company records an accrual for potential virtual currency payouts at the end of each reporting period based on historical payout experience and current virtual currency balances. Recent accounting pronouncements In February 2016, FASB issued ASU No. 2016–02 “Leases” (topic 842) In April 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016–09 “Compensation – Stock Compensation” (topic 718) In April 2016, the FASB issued ASU No. 2016–09, “Compensation – Stock Compensation” (topic 718). The FASB issued this update to improve the accounting for employee share–based payments and affect all organizations that issue share–based payment awards to their employees. Several aspects of the accounting for share–based payment award transactions are simplified, including: (a) income tax consequences; (b) classification of awards as either equity or liabilities; and (c) classification on the statement of cash flows. The updated guidance is effective for annual periods beginning after December 15, 2016, including interim periods within those fiscal years. Early adoption of the update is permitted. The adoption of ASU 2016–09 is not expected to have a material impact on our consolidated financial position, results of operations or cash flows. In April 2016, the FASB issued ASU No. 2016–10, “Revenue from Contracts with Customers: Identifying Performance Obligations and Licensing” (topic 606). In March 2016, the FASB issued ASU No. 2016–08, “Revenue from Contracts with Customers: Principal versus Agent Considerations (Reporting Revenue Gross verses Net)” (topic 606). These amendments provide additional clarification and implementation guidance on the previously issued ASU 2014–09, “Revenue from Contracts with Customers”. The amendments in ASU 2016–10 provide clarifying guidance on materiality of performance obligations; evaluating distinct performance obligations; treatment of shipping and handling costs; and determining whether an entity’s promise to grant a license provides a customer with either a right to use an entity’s intellectual property or a right to access an entity’s intellectual property. The amendments in ASU 2016–08 clarify how an entity should identify the specified good or service for the principal versus agent evaluation and how it should apply the control principle to certain types of arrangements. The adoption of ASU 2016–10 and ASU 2016–08 is to coincide with an entity’s adoption of ASU 2014–09, which we intend to adopt for interim and annual reporting periods beginning after December 15, 2017. The adoption of ASU 2016–10 is not expected to have a material impact on our consolidated financial position, results of operations or cash flows. In August 2016, the FASB issued ASU No. 2016–15, “Statement of Cash Flows – Classification of Certain Cash Receipts and Cash Payments.” ASU No. 2016–15 addresses specific cash flow classification issues where there is currently diversity in practice including debt prepayment and proceeds from the settlement of insurance claims. ASU 2016–15 is effective for annual periods beginning after December 15, 2017, with early adoption permitted. The Company is currently evaluating the impact of the new standard on its consolidated financial statements. In November 2016, the FASB issued ASU No. 2016–18 “Statement of Cash Flows (Topic 230), Restricted Cash” which provides guidance on the presentation of restricted cash and restricted cash equivalents in the statements of cash flows. The new guidance requires restricted cash and restricted cash equivalents to be included within the cash and cash equivalents balances when reconciling the beginning–of–period and end–of–period amounts shown on the statements of cash flows. The ASU is effective for reporting periods beginning after December 15, 2017 with early adoption permitted. The Company is currently evaluating the impact of the new standard on its consolidated financial statements. In January 2017, the FASB issued ASU No. 2017–04 “Intangibles—Goodwill and Other (Topic 350), Simplifying the Test for Goodwill Impairment” which eliminated Step 2 from the goodwill impairment test. In computing the implied fair value of goodwill under Step 2, an entity had to perform procedures to determine the fair value at the impairment testing date of its assets and liabilities (including unrecognized assets and liabilities) following the procedure that would be required in determining the fair value of assets acquired and liabilities assumed in a business combination. Instead, under the amendments in this ASU an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. Additionally, an entity should consider income tax effects from any tax–deductible goodwill on the carrying amount of the reporting unit when measuring the goodwill impairment loss, if applicable. The ASU also eliminated the requirements for any reporting unit with a zero or negative carrying amount to perform a qualitative assessment and, if it fails that qualitative test, to perform Step 2 of the goodwill impairment test. Therefore, the same impairment assessment applies to all reporting units. An entity is required to disclose the amount of goodwill allocated to each reporting unit with a zero or negative carrying amount of net assets. An entity still has the option to perform the qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. The ASU is effective for reporting periods beginning after December 15, 2019 with early adoption permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company is currently evaluating the impact of the new standard on its consolidated financial statements. There were no other new accounting pronouncements that were issued or became effective since the issuance of our 2016 Annual Report on Form 10–K that had, or are expected to have, a material impact on our consolidated financial position, results of operations or cash flows.

Prepaid Expenses and Other Curr

Prepaid Expenses and Other Current Assets	12 Months Ended
	Dec. 31, 2016
Prepaid Expenses And Other Current Assets
Prepaid Expenses and Other Current Assets	Note 4. Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets consisted of the following: December 31, 2016 December 31, 2015 Prepaid services $ 153 $ – Insurance – 3 Other – 58 Total prepaid expenses and other current assets $ 153 $ 61

Investments

Investments	12 Months Ended
	Dec. 31, 2016
Schedule of Investments [Abstract]
Investments	Note 5. Investments Equity security investments available for sale, at market value, reflect unrealized appreciation and depreciation, as a result of temporary changes in market value during the period, in shareholders’ equity, net of income taxes in “accumulated other comprehensive loss” in the consolidated balance sheets. For non–publicly traded securities, market prices are determined through the use of pricing models that evaluate securities. For publicly traded securities, market value is based on quoted market prices or valuation models that use observable market inputs. Investments Available for Sale December 31, 2016 December 31, 2015 FNCX Common shares $ 44 $ 444 During the years ended December 31, 2016 and 2015, the Company recorded losses on sale of investments of $1,169 and $0, respectively. The Company records unrealized gains and losses to accumulated other comprehensive income (loss) and upon realization, records the gain or losses through the statement of operations. For non–public, non–controlled investments in equity securities, the Company uses the cost–method of accounting. Investments at Cost December 31, 2016 December 31, 2015 DDGG Common shares $ 287 $ 1,020 DDGG stock purchase warrants received – 360 Total $ 287 $ 1,380 During the year ended December 31, 2016, the Company recognized an impairment charge of $1,093 related to its investment in DDGG. On August 16, 2016, the Company purchased 17.5% membership interest in Two minute Quests LLC (“2MQ”) for $115. 2MQ is introducing a game for the iWatch and iPhone. As of December 31, 2016, the Company recorded an impairment charge for the full value of $115 of this investment. On May 13, 2016, the Company acquired 6% Membership Interest in The Round House LLC for cash consideration of $150. Round House LLC is an Alabama–based technology incubator, offering co–working space, accelerator services and angel investment. As of December 31, 2016, the Company recorded an impairment charge for the full value of $150 of this investment.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Note 6. Goodwill and Intangible Assets Goodwill represents the difference between purchase cost and the fair value of net assets acquired in business acquisitions. Indefinite lived intangible assets, representing trademarks and trade names, are not amortized unless their useful life is determined to be finite. Long–lived intangible assets are subject to amortization using the straight–line method. Goodwill and indefinite lived intangible assets are tested for impairment annually as of December 31, and more often if a triggering event occurs, by comparing the fair value of each reporting unit to its carrying value. The Company concluded that a triggering event had occurred based on the overall deterioration of the market capitalization of the Company and evaluated the goodwill for possible impairment. After the evaluation, as of December 31, 2016, management concluded that a full impairment existed based on the Company’s current efforts to capitalize and execute its business plan relating to the asset. The Company’s intangible assets for continuing operations consisted of the following: Goodwill January 1, 2015 $ 1,496 Additions (disposals) – December 31, 2015 1,496 Impairment (1,496 ) December 31, 2016 $ – January 1, 2015 $ 1,608 Disposals (179 ) Impairment (472 ) Amortization (227 ) 730 Additions 495 Impairment (673 ) Amortization (84 ) December 31, 2016 $ 468 During the year ended December 31, 2016, the Company issued 150,000 shares of its common stock valued at $495 for the acquisition of intangible assets. For the years ended December 31, 2016 and 2015, the Company recorded amortization expense of $84 and $227, respectively. During the year ended December 31, 2016, the Company recognized an impairment charge of $1,496 related to the goodwill and $673 related to the intangible assets. The following table outlines estimated future annual amortization expense for the next five years and thereafter: For the year ending December 31, 2017 $ 165 2018 165 2019 138 $ 468

Notes Receivable

Notes Receivable	12 Months Ended
	Dec. 31, 2016
Loans and Leases Receivable Disclosure [Abstract]
Notes Receivable	Note 7. Notes Receivable Total outstanding balance of notes receivable was the following: As of December 31, 2016 2015 Notes receivable $ – $ 1,575 FNCX Note On September 8, 2015, the Company and MGT Sports entered into an Asset Purchase Agreement with Viggle, Inc. (“Viggle”) and Viggle’s subsidiary DDGG, pursuant to which Viggle acquired all of the assets of the DraftDay.com business (“DraftDay.com”) from the Company and MGT Sports. In exchange for the acquisition of DraftDay.com, Viggle paid MGT Sports the following: (a) 63,467 shares of Viggle’s common stock, since renamed Function(x) Inc. (NASDAQ: FNCX) (“FNCX”), (b) a promissory note in the amount of $234 paid on September 29, 2015, (c) a promissory note in the amount of $1,875 due March 8, 2016 (“FNCX Note”, “the Note”), and (d) 2,550 shares of Common stock of DDGG (private entity). In addition, in exchange for providing certain transitional services, DDGG issued to MGT Sports a warrant to purchase 1,500 shares of DDGG common stock. Following consummation of the transaction, MGT Sports owns an 11% equity interest in DDGG, FNCX owns 49%, and Sportech, Inc. owns 39%. As a result of the transaction, the Company has presented DraftDay.com as a discontinued operation. As of December 31, 2015, the Company had booked a reserve of $300 against the Note. On March 24, 2016, the Company entered into an Exchange Agreement (the “FNCX March 24 th th th th th th th On June 14, 2016, the Company and MGT Sports entered into a Securities Exchange Agreement (the “FNCX June 14th Agreement”) with FNCX to exchange $940 remaining outstanding principal of the FNCX Note for 132,097 shares of FNCX’s Common stock and FNCX shall make a cash payment to MGT Sports for the total amount of interest accrued until consummation of the transaction contemplated in the FNCX June 14th Agreement, which was estimated to be completed by December 31, 2016. On October 10, 2016, the Note was satisfied through the issuance of 136,304 shares of common stock and payment of interest of $16. These shares were sold during December 2016 with the company incurring a loss on sale of investments of $86. The Company also recorded a loss of $196 on conversion of the Note with shares on December 1, 2016. Other Notes On February 26, 2015, the Company signed a letter of intent with Tera Group, Inc., owner of TeraExchange, LLC, a Swap Execution Facility regulated by the U.S. Commodity Futures Trading Commission, to negotiate a merger agreement. Since the merger agreement was not executed by the execution date, the merger was aborted. Simultaneous with the letter of intent, on February 26, 2015, the Company purchased a promissory note in the principal amount of $250 bearing interest at the rate of 5% per annum from the aggregate unpaid principal balance and all accrued and unpaid interest are due and payable upon demand at any time after August 15, 2015. As of December 31, 2015, the Company has fully reserved against the collectability of this note and the corresponding accrued interest. During 2016, the Company received payment on the Note of $267 and recorded the receipt in other income. During the year ended December 31, 2016, the Company purchased a 5% promissory note with a principal of $45, maturing on July 18, 2016. As of December 31, 2016, the Company has fully reserved against the collectability of this note and the corresponding accrued interest.

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Property and Equipment	Note 8. Property and Equipment Property and equipment related to continuing operations consisted of the following: As of December 31, 2016 2015 Computer hardware and software $ 10 $ 38 Bitcoin machines 708 – 718 38 Less: Accumulated depreciation (116 ) (3 ) Property and equipment, net $ 602 $ 35 The Company recorded depreciation expense of $126 and $14 for the years ended December 31, 2016, and 2015, respectively.

Accrued Expenses

Accrued Expenses	12 Months Ended
	Dec. 31, 2016
Accrued Expenses
Accrued Expenses	Note 9. Accrued Expenses Accrued expenses consisted of the following: As of December 31, 2016 2015 Independent director fees $ – $ 15 Legal, consulting and other 124 – $ 124 $ 15

Notes Payable

Notes Payable	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Notes Payable	Note 8. Notes Payable On August 2, 2016 (the “Closing Date”), the Company entered into a Securities Purchase Agreement (the “SPA”) with selected accredited investors (each an “Investor” and collectively, the “Investors”). Pursuant to the terms of the Purchase Agreement, the Company sold $2,300 in unsecured promissory notes (“Notes) in a private placement (the “Offering”). The Notes mature on September 30, 2019 or such other date as set forth in the Notes. The Notes bear interest at a rate of twelve per cent (12%) per annum, to be paid quarterly in arrears, with the first payment due on September 30, 2016 to be calculated on a pro–rata basis. In addition, for each one thousand dollars invested by an Investor, the Investor shall receive two detachable Warrants (“Warrant”), each of which is exercisable for one hundred (100) shares of the Company’s common stock: Each Warrant has an exercise price of $3.31 per share, and is exercisable for a period of thirty–six (36) months from the date of issuance. The Company estimated the relative fair value of these warrants on the date of grant, using the Black–Scholes option–pricing model with the following weighted–average assumptions: Expected option life (year) 3.00 Expected volatility 131.75 % Risk–free interest rate 0.85 % Dividend yield 0.00 % The relative fair value of these warrants granted, estimated on the date of grant, was $761, which was recorded as a discount to the notes payable. The Company amortizes the discount over the term of the notes. On October 28, 2016 and on November 4, 2016, the Company entered into a Note Exchange Agreement (“Note Exchange Agreement”) and a Warrant Exchange Agreement (the “Warrant Exchange Agreement”) with all the holders (“Holders”) of the 12% unsecured promissory notes (the “Notes”) previously issued by the Company pursuant to the above Securities Purchase Agreement dated August 2, 2016 (the “Purchase Agreement”). Pursuant to the Note Exchange Agreement, the Company and the Holders agreed to exchange the Notes, including accrued but unpaid interest thereon, for an 8% Senior Unsecured Promissory Notes in the aggregate principal amount of $2,300 (the “New Notes”). The New Notes are convertible, at the option of the holder thereof, into shares of the Company’s common stock at a conversion price of $1.00 per share, subject to adjustments as set forth in the New Note. In addition, and pursuant to the Exchange Agreement, the Company and the Holders also agreed to a cashless exercise of warrants to purchase 460,000 shares of Company common stock. The value of the shares issued for warrants of $600 was recorded as a loss on extinguishment of debt in the Consolidated Statement of Operations. The Company analyzed the modification and concluded that extinguishment accounting was to be applied. Unamortized discount on warrants of $711 was reversed and recorded as a loss on extinguishment of debt. The Company calculated beneficial conversion feature on the conversion option added in the new modified note payable of $702 and recorded it as a loss on extinguishment of debt for the year ended December 31, 2016. During the year ended December 31, 2016, the Company charged to operations amortization of debt discount of $41.

Series A Convertible Preferred

Series A Convertible Preferred Stock	12 Months Ended
	Dec. 31, 2016
Equity [Abstract]
Series A Convertible Preferred Stock	Note 9. Series A Convertible Preferred stock During the year ended December 31, 2016 the Company converted 10,838 shares of Series A Convertible Preferred stock into 10,838 shares of Common stock. For the year ended December 31, 2016 and 2015, respectively, the Company issued 230 and 615 of dividend shares to the preferred stock holders. As of December 31, 2016 and 2015 there were 0 and 10,608 Series A Convertible Preferred shares outstanding.

Sale of Common Stock

Sale of Common Stock	12 Months Ended
	Dec. 31, 2016
Equity [Abstract]
Sale of Common Stock	Note 10. Sale of Common stock On December 30, 2013, and as amended on March 27, 2014, the Company entered into an At–The–Market Offering Agreement (the “ATM Agreement”) with Ascendiant Capital Markets, LLC (the “Manager”). Pursuant to the ATM Agreement, the Company may offer and sell shares of its Common Stock (the “Shares”) having an aggregate offering price of up to $8.5 million from time to time through the Manager. The Company can use the net proceeds from any sales of Shares in the offering for working capital, capital expenditures, and general business purposes. For the year ended December 31, 2015, the Company sold approximately 3,155,000 Shares under the ATM Agreement for gross proceeds of approximately $1,695 before related expenses. The ATM Agreement expired by its terms in August 2015. On October 8, 2015, the Company entered into separate subscription agreements (the “Subscription Agreement”) with accredited investors (the “Investors”) relating to the issuance and sale of $700 of units (the “Units”) at a purchase price of $0.25 per Unit, with each Unit consisting of one share (the “Shares”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”) and a three year warrant (the “Warrants”) to purchase two shares of Common Stock at an initial exercise price of $0.25 per share (such sale and issuance, the “Private Placement”). The Warrants are exercisable at a price of $0.25 on the earlier of (i) one year from the date of issue or (ii) the occurrence of certain corporate events, including a private or public financing, subject to approval of the lead investor, in which the Company receives gross proceeds of at least $7,500; a spinoff; one or more acquisitions or sales by the Company of certain assets approved by the stockholders of the Company; or a merger, consolidation, recapitalization, or reorganization approved by the stockholders of the Company (each, a “Qualifying Transaction”). The Warrants may be exercised by means of a “cashless exercise” following the four–month anniversary of the date of issue, provided that the Company has consummated a Qualifying Transaction and there is no effective registration statement registering the resale of the shares of Common Stock underlying the Warrants (the “Warrant Shares”). The Company is prohibited from effecting an exercise of any Warrant to the extent that, as a result of any such exercise, the holder would beneficially own more than 4.99% of the number of shares of Common Stock outstanding immediately after giving effect to the issuance of shares of Common Stock upon exercise of such Warrant, which beneficial ownership limitation may be increased by the holder up to, but not exceeding, 9.99%. The Warrants are also subject to certain adjustments upon certain actions by the Company as outlined in the Warrants. Prior to receipt of shareholder approval, the warrants, when aggregated with the shares of common stock issued in the offering, shall not be exercisable into more than 19.99% of the number of shares of Common Stock outstanding as of the closing date. On December 22, 2015, the Company sold $172 of common stock at a price of $0.25 per share in a Registered Direct offering. On July 7, 2016, the Company entered into an employment agreement with Robert B. Ladd, to act as its President and Chief Operating Officer. The terms of his agreement were reviewed and approved by the Company’s Nominations and Compensation Committee. Under the terms of the agreement, Mr. Ladd will, serve as President and Chief Operating Officer and for services rendered; Mr. Ladd shall receive a salary of $240 per year and is eligible for a cash and/or equity bonus as determined by the Nomination and Compensation Committee. Further, Mr. Ladd is entitled to receive up to 2,000,000 shares of the Company’s common stock, 1/3 of which shall vest within 12 months from the execution of the agreement, another 1/3 within 18 months, and the remaining 1/3 within 24 months from the execution of the agreement. Lastly, the agreement also provides for certain rights granted to Mr. Ladd in the event of his death, permanent incapacity, voluntary termination or discharge for cause. The Company charged to operations stock based compensation of $8,740 as the fair value of 2,000,000 shares issued to Mr. Ladd during the year ended December 31, 2016.

Stock Incentive Plan and Stock-

Stock Incentive Plan and Stock-Based Compensation	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Incentive Plan and Stock-Based Compensation	Note 11. Stock Incentive Plan and Stock–Based Compensation Stock Incentive Plan The Company’s board of directors established the 2012 Stock Incentive Plan (the “Plan”) on April 15, 2012, and the Company’s shareholders ratified the Plan at the annual meeting of the Company’s stockholders on May 30, 2012. The Company has 415,000 shares of Common Stock that are reserved to grant Options, Stock Awards and Performance Shares (collectively the “Awards”) to “Participants” under the Plan. The Plan is administered by the board of directors or the Compensation Committee of the board of directors, which determines the individuals to whom awards shall be granted as well as the type, terms and conditions of each award, the option price and the duration of each award. At the annual meeting of the stockholders of MGT held on September 27, 2013, stockholders approved an amendment to the Plan (the “Amended and Restated Plan”) to increase the number of shares of Common stock that may be issued under the Amended and Restated Plan to 1,335,000 shares from 415,000 shares, an increase of 920,000 shares and to add a reload feature. At the annual meeting of the stockholders of MGT held on December 31, 2015, stockholders approved an amendment to the Plan (the “Amended and Restated Plan”) to increase the number of shares of Common stock that may be issued under the Amended and Restated Plan to 3,000,000 shares from 1,335,000 shares, an increase of 1,665,000 shares. The Company’s board of directors established the 2016 Equity Incentive Plan (the “Plan”) on August 15, 2016, and the Company’s shareholders ratified the Plan at the annual meeting of the Company’s stockholders on September 8, 2016. No grants have been made to date under the 2016 Plan but the Company received stockholder approval to issue 6,000,000 options. The 2,000,000 shares of restricted stock that were approved under the Plan were deemed vested to an officer of the Company on the date of his employment agreement, July 7, 2016. The stock was valued at its fair market value of $4.37 per share or an aggregate value of $8,740. These shares were issued on November 11, 2016. The maximum number of shares of common stock that may be issued under the 2016 Plan shall initially be 18,000,000. The purpose of the Plan is to provide an incentive to attract and retain directors, officers, consultants, advisors and employees whose services are considered valuable, to encourage a sense of proprietorship and to stimulate an active interest of such persons into the Company’s development and financial success. The 2016 Plan is administered by the Company’s Nomination and Compensation Committee, consisting of at least two directors who qualify as “independent directors” under the rules of the NASDAQ Stock Market, “non–employee directors” under Rule 16b–3 of the Securities Exchange Act of 1934, as amended, and as “outside directors” under Section 162(m) of the Code. Common Stock and options granted under the Plan vest as determined by the Company’s Compensation and Nominations Committee and expire over varying terms, but not more than seven years from date of grant. In the case of an Incentive Stock Option that is granted to a 10% shareholder on the date of grant, such Option shall not be exercisable after the expiration of five years from the date of grant. Issuance of Restricted Shares – Directors, Officers and Employees A summary of the Company’s employee’s restricted stock as of December 31, 2016, is presented below: Number of Shares Weighted Average Grant Date Fair Value Non–vested at January 1, 2015 110,000 $ 1.42 Granted 255,000 0.31 Vested (309,500 ) 0.53 Forfeited (55,500 ) 1.28 Non–vested at December 31, 2015 – – Granted 3,051,000 3.67 Vested (2,051,000 ) 4.33 Forfeited – – Non–vested at December 31, 2016 1,000,000 $ 2.31 For the years ended December 31, 2016 and 2015, the Company has recorded $9,566 and $130, respectively, in employee and director stock–based compensation expense, which is a component of selling, general and administrative expense in the consolidated statement of operations. In the years ended December 31 and 2016, 2015, the Company did not allocate any stock–based compensation expense to non–controlling interest. Unrecognized Compensation Cost As of December 31, 2016, unrecognized compensation costs related to non–vested stock–based compensation arrangements were $1,623 (2015: $0), and is expected to be recognized over a weighted average period of 2 years (2015: 0 years). Stock–Based Compensation –Employees – Non–Restricted For the year ended December 31, 2016, the Company granted and issued a total of 100,000 shares to employees at termination. The shares were recorded at $116 using the closing market value on respective dates of issuance. Stock–Based Compensation – Non–Employees For the year ended December 31, 2016, the Company granted and issued a total of 825,000 shares to non–employees for services rendered. The shares were recorded at $1,106 using the closing market value on respective dates of issuance. For the year ended December 31, 2015, the Company granted and issued a total of 366,624 shares to non–employees for services rendered. The shares were recorded at $161 using the closing market value on respective dates of issuance. Warrants In May 2016, the Company entered into Warrant Modification Agreements (the “$3 Warrant Modification Agreements”) with holders of 517,796 of Common Stock Purchase Warrants issued in connection with the Company’s private placement offering dated May 24, 2012. The warrants entitled its holders to purchase the Company’s Common stock at an exercise price of $3 per Company share for a period of five years from the date of issuance (the “$3 Warrants”). Under the terms of the $3 Warrant Modification Agreements, the exercise price of the $3 Warrants was reduced to $0.25 per share. During the three months ended June 30, 2016, the Company issued 517,796 shares of Common stock for gross proceeds of $129 in connection with exercise of the $3 Warrants and recorded a Warrant modification expense of $431 related to the $3 Warrant Modification Agreements. Also in May 2016, the Company entered into agreements with the holders of 2,800,000 Common Stock Purchase Warrants issued in connection with the Company’s private placement offering dated October 8, 2015 (the “2015 Warrants”). Pursuant to its terms, each 2015 Warrant entitled the holder to purchase two shares of Company’s Common stock at a price of $0.25 per share on the earlier of: (i) one year from the date of issue, or (ii) the occurrence of certain corporate events, including a private or public financing in which the Company receives gross proceeds of at least $7,500; a spinoff; one or more acquisitions or sales by the Company of certain assets approved by the stockholders of the Company; or a merger, consolidation, recapitalization, or reorganization approved by the stockholders of the Company (each, a “Qualifying Transaction”). In the absence of a Qualifying Transaction, the Company allowed holders of the 2015 Warrants to accelerate exercise, if the holder agreed to pay an exercise price of greater than $0.25 per share. All 2015 Warrants were exercised under this agreement, with the Company issuing a total of 5,600,000 shares of Common stock for gross proceeds of $2,298, or approximately $0.41 per share. Due to the gain, no income statement impact was recorded as a result of the above exercises. In August 2016, the Company entered into agreements with the holders of 460,000 Common Stock Purchase Warrants issued in connection with the Company’s Securities Purchase Agreement offering dated August 2, 2016. Pursuant to its terms, each holder received two detachable Warrants (“Warrant”), for each one thousand dollars invested, each of which is exercisable for one hundred (100) shares of the Company’s common stock: Each Warrant has an exercise price of $3.31 per share, and is exercisable for a period of thirty–six (36) months from the date of issuance. All issued warrants are exercisable and expire through 2018. The Company issued 460,000 shares in exchange of warrants valued at $600, 400 which was recognized as a loss on extinguishment of debt. During the year ended December 31, 2016 the Company issued a total of 6,117,796 shares of Common stock in connection with exercise of warrants, resulting in gross proceeds of $2,427. During June 2016, the Company issued 80,000 shares of common stock valued at $232 included in general and administrative expenses in the Statements of Operations, in exchange for 403,029 warrants. The following table summarizes information about shares issuable under warrants outstanding at December 31, 2016: Warrant Shares Outstanding Weighted Average Exercise Price At January 1, 2015 1,020,825 $ 3.47 Issued 5,600,000 0.25 Exercised – – Expired – – At December 31, 2015 6,620,825 1.11 Issued 460,000 3.31 Exercised (6,980,825 ) (0.87 ) Expired – – At December 31, 2016 100,000 $ 3.75 As of December 31, 2016, the Company had 100,000 shares issuable under warrants outstanding at a weighted average exercise price of $3.75 and an intrinsic value of $0. On September 29, 2016, the Company agreed to rescind that certain Subscription Agreement dated September 1, 2016 (the “Agreement”) with an investor (“Investor”) pursuant to which, the Investor agreed to purchase in a private placement, subject to certain conditions, an aggregate of four hundred fifty thousand (450,000) restricted shares of the Company’s common stock, par value $0.001 (“Shares”) at a purchase price of three dollars ($3.00) per Share, for aggregate proceeds of one million three hundred fifty thousand dollars ($1,350). Also on September 29, 2016, the Company agreed to cancel and rescind that certain Note and Warrant Exchange Agreement dated September 1, 2016 (the “Exchange Agreement”) entered into with a holder (“Holder”) of certain 12% unsecured promissory notes in the amount of one million six hundred fifty thousand dollars ($1,650), including accrued interest (the “Notes”) previously issued by the Company, whereby the Holder agreed to exchange certain Notes and warrants received with the Notes for an aggregate of eight hundred fifty thousand (850,000) restricted shares of the Company’s common stock. On October 28, 2016 and on November 11, 2016, the Company entered into a Note Exchange Agreement (“Note Exchange Agreement”) and a Warrant Exchange Agreement (the “Warrant Exchange Agreement”) with all the holders (“Holders”) of the 12% unsecured promissory notes (the “Notes”) previously issued by the Company pursuant to the above Securities Purchase Agreement dated August 2, 2016 (the “Purchase Agreement”). Pursuant to the Note Exchange Agreement, the Company and the Holders agreed to exchange the Notes, including accrued but unpaid interest thereon, for an 8% Senior Unsecured Promissory Notes in the aggregate principal amount of $2,300 (the “New Notes”). The New Notes are convertible, at the option of the holder thereof, into shares of the Company’s common stock at a conversion price of $1.00 per share, subject to adjustments as set forth in the New Note. Pursuant to the Exchange Agreement, the Company and the Holders also agreed to a cashless exercise of warrants to purchase 460,000 shares of Company common stock. The value of the shares issued for warrants of $600 was also recorded as a loss on extinguishment of debt in the Consolidated Statement of Operations. Stock Options The following is a summary of the Company’s option activity: Options Weighted Average Exercise Price Outstanding – December 31, 2015 – $ – Exercisable – December 31, 2015 – $ – Granted 6,000,000 0.71 Exercised – – Forfeited/Cancelled – – Outstanding – December 31, 2016 6,000,000 $ 0.71 Exercisable – December 31, 2016 500,000 $ 0.71 Options Outstanding Options Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (in years) Weighted Average Exercise Price Number Exercisable Weighted Average Exercise Price $ 0.25 – 1.00 6,000,000 4.88 years $ 0.71 500,000 $ 0.71 At December 31, 2016, the total intrinsic value of options outstanding and exercisable was $940 and $0, respectively.

Non-controlling Interest

Non-controlling Interest	12 Months Ended
	Dec. 31, 2016
Noncontrolling Interest [Abstract]
Non-controlling Interest	Note 12. Non–Controlling Interest At December 31, 2016, the Company’s non–controlling interest was as follows: MGT Gaming MGT Interactive M2P Americas Total Non–controlling interest at January 1, 2015 $ 370 $ 92 $ (20 ) $ 442 Non–controlling share of losses (342 ) 4 (3 ) (341 ) Transfers from non–controlling interest – (96 ) – (96 ) Non–controlling interest at December 31, 2015 28 – (23 ) 5 Non–controlling share of net loss (319 ) – – (319 ) Buy back 291 – 1 292 Non–controlling interest at December 31, 2016 $ – $ – $ (22 ) $ (22 ) On December 29, 2016, the Company entered into Stock Purchase Agreement with J&S Gaming Inc. and purchased 450 shares representing 45% of the ownership interest in MGT Gaming Inc. for $2.

Operating Leases, Commitments a

Operating Leases, Commitments and Security Deposit	12 Months Ended
	Dec. 31, 2016
Leases [Abstract]
Operating Leases, Commitments and Security Deposit	Note 13. Operating Leases, Commitments and Security Deposit Operating Leases In August 2014, the Company entered into a lease modification agreement, extending its existing office lease in Harrison, NY for a period of one year. Total rent payments over the 12–month period were $73 and the lease expired on November 30, 2015. A refundable rental deposit of $39 was held in a restricted cash account as of December 31, 2015, which was released in January 2016. On October 26, 2015, the Company entered into an Office License Agreement commencing December 1, 2015. The term expired on November 30, 2016 and carried a monthly fee of $4, with one month (January) rent free. The Company paid a refundable service retainer of $6 and a non–refundable set up fee of $1. On August 9, 2016, the Company entered into a Sublease Agreement for an office lease in Durham, North Carolina. The lease commences thirty days after landlord consent (August 22, 2016) and expires on January 31, 2020. Monthly rent will be $6 for the first 12–month period, $7 for the second 12–month period, $7 for the third 12–month period and $7 per month for the remaining months until expiration of the lease. A security deposit of $13 was required upon execution of the sublease. Total lease rental expense for the year ended December 31, 2016 and 2015, was $81 and $77, respectively. Total future minimum payments required under the new operating lease are as follows. Year Ending December 31, 2017 $ 77 2018 80 2019 83 2020 7 $ 247 Commitments On July 7, 2016, the Company entered into an employment agreement with Robert B. Ladd, to act as its President and Chief Operating Officer. The terms of his agreement were reviewed and approved by the Company’s Nominations and Compensation Committee. Under the terms of the agreement, Mr. Ladd will, serve as President and Chief Operating Officer and for services rendered; Mr. Ladd shall receive a salary of $240 per year and is eligible for a cash and/or equity bonus as determined by the Nomination and Compensation Committee. Further, Mr. Ladd received 2,000,000 shares of the Company’s common stock, 1/3 of which shall vest within 12 months from the execution of the agreement, another 1/3 within 18 months, and the remaining 1/3 within 24 months from the execution of the agreement. Lastly, the agreement also provides for certain rights granted to Mr. Ladd in the event of his death, permanent incapacity, voluntary termination or discharge for cause. On November 18, 2016, the Company agreed to enter into an employment agreement with John McAfee pursuant to which Mr. McAfee will join the Company as Executive Chairman of the Board of Directors and Chief Executive Officer of the Company at the closing of the transaction contemplated in the D–Vasive APA. It is currently contemplated that Mr. McAfee will have a base annual salary of $1.00 per day; payable at such times as the Company customarily pays is other senior level employees. In addition, Mr. McAfee will be granted Executive options (the “Options”) to purchase an aggregate of six million (6,000,000) shares of the Company’s common stock (the “Option Shares”), which shall be exercisable for a period of five (5) years as follows: ● options to purchase 1,000,000 shares of the Company’s Common Stock at a per–share price of the lower of $0.25 or the closing price of the Company’s Common Stock as quoted on the OTC Pink as of the date of the execution of his Employment Agreement on November 18, 2016; ● options to purchase 2,000,000 shares of the Company’s Common Stock at a purchase price of $0.50 per share; and ● options to purchase 3,000,000 shares of the Company’s Common Stock at a purchase price of $1.00 per share. Mr. McAfee will also be eligible to earn a cash and/or equity bonus as the Compensation Committee may determine, from time to time, based on meeting performance objectives and bonus criteria to be mutually identified by Mr. McAfee and the Nomination and Compensation Committee. Such objectives and criteria may be based on a favorable sale or merger of the Company, in additional to operating metrics. The appointment of Mr. McAfee is pursuant to the terms of the Employment Agreement, dated May 9, 2016, as approved by stockholders on September 8, 2016. During the year ended December 31, 2016, the Company purchased 400 bitcoin mining machines from Bitmain Technologies Limited for $630 and power supplies from Hash The Planet (“HTP”) for $53. The Company also entered a 12–month agreement with HTP to host, power, connect, monitor and service the machines for $136. The hosting data center in located in Cashmere, WA. MGT launched its bitcoin mining operations and earned its first BTC on September 3, 2016. Legal On September 1, 2016, the Company and John McAfee filed an action in the United States District Court for the Southern District of New York seeking a declaration that the use of or reference to the personal name of John McAfee and/or McAfee in its business, and specifically in the context of renaming the Company, of which McAfee is the Executive Chairman, to “John McAfee Global Technologies, Inc.,” does not infringe upon Intel’s trademark rights or breach any agreement between the parties. Intel has submitted an Amended Answer and Counterclaims alleging Lanham Act and federal/state trademark violations and common law unfair competition relating to the same factual circumstances. The Company filed a Reply to Counterclaims on November 3, 2016, and a case management plan and scheduling order was filed on October 28, 2016. On September 1, 2016, the Company and John McAfee filed an action in the United States District Court for the Southern District of New York seeking a declaration that the use of or reference to the personal name of John McAfee and/or McAfee in its business, and specifically in the context of renaming the Company, of which McAfee is the Executive Chairman, to “John McAfee Global Technologies, Inc.,” does not infringe upon Intel’s trademark rights or breach any agreement between the parties. Intel has submitted an Amended Answer and Counterclaims alleging Lanham Act and federal/state trademark violations and common law unfair competition relating to the same factual circumstances. The Company filed a Reply to Counterclaims on November 3, 2016, and a case management plan and scheduling order was filed on October 28, 2016. The Plaintiffs vigorously dispute these allegations and on or about January 3, 2017, Plaintiffs filed a Motion to Dismiss Defendants' Counterclaims on the grounds that they fail as a matter of law. The Motion is still pending before the Court. The case is in discovery and the Parties have agreed to conduct a settlement conference before a U.S. Magistrate Judge on April 21, 2017. A number of law firms have issued press releases announcing that they are investigating claims on behalf of shareholders of the Company regarding potential violations of the Exchange Act. In September 2016, various investors in the Company filed putative class action lawsuits against the Company, its president and certain of its individual officers and directors. The cases were filed in the United States District Court for the Southern District of New York and allege violations of federal securities laws and seek damages. On April 11, 2017 those cases were consolidated into a single action (the “Securities Action”). On January 24, 2017, the Company was served with a copy of a summons and complaint filed by plaintiff Atul Ojha in New York state court against certain officers and directors of the Company and the Company as a nominal defendant. The lawsuit is styled as a derivative action (the “Derivative Action”) and was originally filed on October 15, 2016. The Derivative Action substantively alleges that the defendants, collectively or individually, inadequately managed the business and assets of the Company resulting in the deterioration of the Company’s financial condition. The Derivative Action asserts claims including but not limited to breach of fiduciary duties, unjust enrichment and waste of corporate assets. On February 27, 2017, the parties to the Derivative Action executed a stipulated stay of proceedings pending full or partial resolution of the Securities Action. Thereafter, the Company plans to address the Derivative Action. On March 3, 2017 and April 4, 2017 respectively, two additional actions were filed against the Company by investor Barry Honig (“Honig”). The first action was filed in federal court in North Carolina (the “North Carolina Action”) against the Company and its president and alleges claims for libel, slander, conspiracy, interference with prospective economic advantage, and unfair trade practices. The North Carolina Action substantively alleges that the defendants defamed Honig by causing or allowing certain statements to be published about Honig in news blogs and articles authored by a journalist, who is also a defendant in the case. The second action was brought by Honig and certain investors in the United States District Court for the Southern District of New York (the “Breach of Contract Action”) against the Company and certain of its officers and directors. The Breach of Contract Action alleges claims for tortious interference with contractual relations, breach of contract, and unjust enrichment related to the Company’s unsuccessful attempt to acquire D–Vasive and Demonsaw in 2016 and the alleged resulting harm to certain D–Vasive and Demonsaw noteholders. The damages claimed include (a) an amount of $46,750,000, (b) together with interest, costs and reasonable attorneys’ fees as provided by law and relevant agreements, and (c) any further or different relief as this Court deems lawful and proper under the circumstances. The Company believes that there is little merit to each of the above actions and has no indication or reason to believe that it is or will be liable for any alleged wrongdoing. The Company is consulting with its counsel to determine the appropriate legal strategy but intends to defend against the actions vigorously. The Company cannot presently rule out that adverse developments in one or more of the above actions could have a materially adverse effect on the Company, and has notified its Director’s and Officer’s Liability Insurance carrier.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Note 14. Income Taxes Significant components of deferred tax assets were as follows as of December 31: 2016 2015 U.S. federal tax loss carry–forward $ 14,632 $ 14,229 U.S. State tax loss carry–forward 1,505 1,137 U.S. federal capital loss carry–forward 188 188 Equity based compensation 3,965 — Fixed assets, intangible assets and goodwill 821 — Long-term investments 462 — Total deferred tax assets 21,573 15,554 Less: valuation allowance (21,573 ) (15,554 ) Net deferred tax asset $ — $ — As of December 31, 2016, the Company had the following tax attributes: Amount Begins to expire U.S. federal net operating loss carry–forwards $ 43,588 Fiscal 2023 U.S. State net operating loss carry–forwards 27,468 Fiscal 2031 U.S. federal capital loss carry–forwards 553 Fiscal 2015 As it is not more likely than not that the resulting deferred tax benefits will be realized, a full valuation allowance has been recognized for such deferred tax assets. For the year ended December 31, 2016, the valuation allowance increased by $6,019 Federal and state laws impose substantial restrictions on the utilization of tax attributes in the event of an “ownership change,” as defined in Section 382 of the Internal Revenue Code. Currently, the Company does not expect the utilization of tax attributes in the near term to be materially affected as no significant limitations are expected to be placed on these tax attributes as a result of previous ownership changes. If an ownership change is deemed to have occurred as a result of equity ownership changes or offerings, potential near term utilization of these assets could be reduced. The provision for/ (benefit from) income tax differs from the amount computed by applying the statutory federal income tax rate to income before the provision for/(benefit from) income taxes. The sources and tax effects of the differences are as follows for the years ended December 31: 2016 2015 Expected Federal Tax (34.00 )% (34.00 )% State Tax (Net of Federal Benefit) (5.48 ) (5.48 ) Other permanent differences 0.05 — Loss on extinguishment 2,76 — Warrant modification 0.59 — Loss on conversion of note receivable 0.27 — Change in valuation allowance 35.82 39.48 Effective rate of income tax 0 % 0 % The Company files income tax returns in the U.S. federal jurisdiction, New York State and New Jersey jurisdictions. With few exceptions, the Company is no longer subject to U.S. federal, state and local, or non–U.S. income tax examinations by tax authorities for years before 2012.

Segment Reporting

Segment Reporting	12 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
Segment Reporting	Note 15. Segment Reporting Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision–making group in deciding how to allocate resources and in assessing performance. The Company’s chief operating decision–making group is composed of the Chief Executive Officer. The Company operates in three segments, Gaming, Intellectual Property and Bitcoin Mining. Certain corporate expenses are not allocated to segments. The Company evaluates performance of its operating segments based on revenue and operating loss. The following table summarizes our segment information for the year ended December 31, 2016 and 2015: Intellectual property Gaming – Continuing Operations Unallocated corporate/other Bitcoin mining Total Discontinued Operations Year ended December 31, 2016 Revenue $ – $ – $ – $ 313 $ 313 $ – Cost of revenue – – – (209 ) (209 ) – Gross margin – – – 104 104 – Operating income (loss) (709 ) (1,536 ) (18,095 ) 104 (20,236 ) – Year ended December 31, 2015 Revenue $ 102 $ 2 $ – $ – $ 104 $ 640 Cost of revenue (5 ) – – – (5 ) (225 ) Gross margin 97 2 – – 99 415 Operating loss (740 ) (32 ) (2,422 ) – (3,194 ) (1,068 ) December 31, 2016 Cash and cash equivalents $ – $ – $ 345 $– $ 345 $ – Property and equipment – – 8 594 602 – Intangible assets – – 468 – 468 – Goodwill – – – – – – Additions Property and equipment – – – 695 695 – Intangible assets – – 495 – 495 – Goodwill – – – – – Disposals Property and equipment – – – – – Intangible assets (659 ) (14 ) – (673 ) – Goodwill – (1,496 ) – (1,496 ) – December 31, 2015 Cash and cash equivalents (excludes $39 of restricted cash) $ – $ – $ 359 $ 359 $ – Property and equipment – – 35 35 – Intangible assets 710 20 – 730 – Goodwill – 1,496 – 1,496 – Additions Property and equipment – – 35 35 –

Investments and Fair Value

Investments and Fair Value	12 Months Ended
	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Investments and Fair Value	Note 16. Investments and Fair Value The authoritative guidance for fair value measurements defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or the most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Market participants are buyers and sellers in the principal market that are (i) independent, (ii) knowledgeable, (iii) able to transact, and (iv) willing to transact. The guidance describes a fair value hierarchy based on the levels of inputs, of which the first two are considered observable and the last unobservable, that may be used to measure fair value which are the following: ● Level 1 ● Level 2 ● Level 3 The following table provides the investments carried at fair value measured on a recurring basis as of December 31, 2016: Level 1 Level 2 Level 3 Total Investments – FNCX Common shares $ 44 $ – $ – $ 44 Digital Currencies $ 10 $ – $ – $ 10 The Company uses Level 1 of the fair value hierarchy to measure the fair value of digital currencies and revalues its digital currencies at every reporting period and recognizes gains or losses in the consolidated statements of operations that are attributable to the change in the fair value of the digital currency. The following table provides the investments carried at fair value measured on a recurring basis as of December 31, 2015: Level 1 Level 2 Level 3 Total Investments – FNCX Common shares $ 444 $ – $ – $ 444

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions	Note 17. Related Party Transactions Janice Dyson, wife of John McAfee, the Company’s Executive Chairman of the Board of Directors and Chief Executive Officer’s, is the sole director of Future Tense Secure Systems, Inc. (“FTS”) and owns 33% of the currently outstanding shares of common stock of such company. As of December 31, 2016, FTS owned 46% of the membership interest in Demonsaw, LLC. On May 9, 2016, the Company entered a consulting agreement with FTS, pursuant to which FTS would provide advice, consultation, information and services to the Company including assistance with executive management, business and product development and potential acquisitions or related transactions. During the year ended December 31, 2016, the Company recorded consulting fees of $902 to FTS for such services, of which $882 has been paid as of December 31, 2016 and remaining $20 is included in Accounts Payable in the consolidated balance sheet. On March 3, 2017, the Company and FTS entered into the Demonsaw LLC Membership Interest Purchase Agreement (the “Purchase Agreement”). Pursuant to the Purchase Agreement, Future Tense sold its 46% membership interest in Demonsaw, LLC, a Delaware limited liability company for 2,000,000 unregistered shares of MGT’s common stock.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2016
Subsequent Events [Abstract]
Subsequent Events	Note 18. Subsequent Events The Company has evaluated events that occurred subsequent to December 31, 2016, and through the date of the Consolidated Financial Statements. In February and March 2017, the Company entered into Securities Purchase Agreements (the “Purchase Agreements”) with accredited investors (the “Investors”) relating to the issuance and sale of 1,625,000 shares of the Company’s common stock, par value $0.001 per share (the “Shares”) at a purchase price of $0.40 per Share. In addition, for every Share purchased, the Investors shall receive detachable warrants, as follows (i) one Series A Warrant; (ii) one Series B Warrant; and (iii) one Series C Warrant (collectively the “Warrants”). Each Series A Warrant is exercisable for one (1) Share, for a period of three (3) years at a price of $0.50 per Share. Each Series B Warrant is exercisable for one (1) Share, for a period of three (3) years at a price of $0.75 per Share, and each Series C Warrant is exercisable is exercisable for one (1) Share, for a period of three (3) years at a price of $1.00 per Share. The gross proceeds from the Purchase Agreements were $650. In February and March 2017, holders of the Company’s 8% Convertible Notes converted a total of $1,800 principal value into a total of 1,900,000 shares of the Company’s common stock. On March 14, 2017, the Company and L2 Capital, LLC (“L2 Capital”), a Kansas limited liability company, entered into an equity purchase agreement (the “Equity Purchase Agreement”), pursuant to which the Company shall issue and sell to L2 Capital from time to time up to $5 million of the Company’s common stock that will be registered with the Securities and Exchange Commission (the “SEC”) under a registration statement on a form S–1. Pursuant to the Equity Purchase Agreement, the Company may require L2 Capital to purchase shares of Common Stock in a minimum amount of $25 and maximum of the lesser of (a) $1 million or (b) 150% of the Average Daily Trading Value, upon the Company’s delivery of a Put Notice to L2 Capital. L2 Capital shall purchase such number of shares of Common Stock at a per share price that equals to the lowest closing bid price of the Common Stock during the Pricing Period multiplied by 90%. Before the expiration of the term of the Equity Purchase Agreement, the said Agreement shall terminate, subject to certain exceptions set forth therein, at any time by a written notice from the Company to L2 Capital. In connection with the Equity Purchase Agreement, the Company has issued to L2 Capital an 8% convertible promissory note (the “Commitment Note”) in the principal amount of $160 in consideration of L2 Capital’s contractual commitment to the Equity Purchase Agreement. The Commitment Note matures six months after the Issue Date. All or part of the Commitment Note is convertible into the Common Stock of the Company upon the occurrence of any of the Events of Default at a Variable Conversion Price that equals to 75% of the lowest Trading Price for the Common Stock during a thirty–day Trading Day period immediately prior to the Conversion Date. In addition, on March 10, 2017, the Company and L2 Capital entered into a securities purchase agreement (the “Securities Purchase Agreement”), pursuant to which the Company issued two 10% convertible notes (the “Convertible Notes”) in an aggregate principal amount of $1 million with a 20% original issue discount, which was funded on March 14, 2017. The Company received gross proceeds of $393 (which represents the deduction of the 20% original discount and $7 for L2 Capital’s legal fees) in exchange for issuance of the first Convertible Note (the “First Note”) in the Principal Amount of $500. The First Note matures six months from the Issue Date and the accrued and unpaid interest at a rate of 10% per annum is due on such date. At any time on or after the occurrence of an Event of Default, the Holder of the First Note shall have the right to convert all or part of the unpaid and outstanding Principal Amount and the accrued and unpaid interest to shares of Common Stock at a Conversion Price that equals 65% multiplied by the lowest Trading Price for the Common Stock during a thirty–day Trading Day period immediately prior to the Conversion Date (the “Market Price”). On the date stated immediately above, the Company received a L2 Capital Back End Note (“L2 Collateralized Note”) secured with the First Note for its issuance of the Second Note to L2 Capital. In accordance with the Second Note, the Company shall pay to the order of L2 Capital a Principal Amount of $500 and the accrued and unpaid interest at a rate of 10% per annum on the Maturity Date, which is eight months from the Issue Date. At any time on or after the occurrence of an Event of Default, the Holder of the Second Note shall have the right to convert all or part of the unpaid and outstanding Principal Amount and the accrued and unpaid interest into shares of Common Stock at a Conversion Price that equals to 65% multiplied by the Market Price. Pursuant to the L2 Collateralized Note, L2 Capital promises to pay the Company the Principal Amount of $500 (consisting $393 in cash, legal fees of $7 and an original issuance discount of $100) no later than November 10, 2017. In connection with the issuance of the First Note and the Second Note, the Company also issued to L2 Capital Warrants to purchase up to 400,000 shares of Common Stock (the “Warrant Shares”) pursuant to the common stock purchase warrant (the “Common Stock Purchase Warrant”) executed by the Company. The Warrant shall be exercisable at a price of 110% multiplied by the closing bid price of the Common Stock on the Issuance Date (the “Exercise Price”), subject to adjustments and exercisable from the Issue Date until the five-year anniversary. At the time that the Second Note is funded by the Holder thereof in cash, then on such funding date, the Warrant Shares shall immediately and automatically be increased by the quotient (the “Second Warrant Shares”) of $375,000.00 divided by the lesser of (i) the Exercise Price and (ii) 110% multiplied by the closing bid price of the Common Stock on the funding date of the Second Note. With respect to the Second Warrant Shares, the Exercise Price hereunder shall be redefined to equal the lesser of (i) the Exercise Price and (ii) 110% multiplied by the closing bid price of the Common Stock on the funding date of the Second Note. L2 Capital may exercise the Warrant cashless unless the underlying shares of Common Stock have been registered with the SEC prior to the exercise. Subsequent to December 31, 2016, the Company issued 550,000 shares of restricted Common stock to certain employees.

Summary of Significant Accoun27

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The Company’s financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) and the rules and regulations of the SEC. All amounts referred to in the notes to the consolidated financial statements are in United States Dollars ($) unless stated otherwise.
Use of Estimates and Assumptions and Critical Accounting Estimates and Assumptions	Use of Estimates and Assumptions and Critical Accounting Estimates and Assumptions The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date(s) of the financial statements and the reported amounts of revenues and expenses during the reporting period(s). Critical accounting estimates are estimates for which (a) the nature of the estimate is material due to the levels of subjectivity and judgment necessary to account for highly uncertain matters or the susceptibility of such matters to change and (b) the impact of the estimate on financial condition or operating performance is material. The Company’s critical accounting estimates and assumptions affecting the financial statements were: (1) Fair value of long–lived assets: (2) Valuation allowance for deferred tax assets: (3) Estimates and assumptions used in valuation of equity instruments: These significant accounting estimates or assumptions bear the risk of change due to the fact that there are uncertainties attached to these estimates or assumptions, and certain estimates or assumptions are difficult to measure or value. Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable in relation to the financial statements taken as a whole under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Management regularly evaluates the key factors and assumptions used to develop the estimates utilizing currently available information, changes in facts and circumstances, historical experience and reasonable assumptions. After such evaluations, if deemed appropriate, those estimates are adjusted accordingly. Actual results could differ from those estimates.
Principles of Consolidation	Principles of Consolidation All intercompany transactions and balances have been eliminated. Non–controlling interest represents the minority equity investment in MGT subsidiaries, plus the minority investors’ share of the net operating results and other components of equity relating to the non–controlling interest.
Business Combinations	Business Combinations As specified in ASC 805 “Business Combinations”
Cash, Cash Equivalents and Restricted Cash	Cash, Cash Equivalents and Restricted Cash The Company considers investments with original maturities of three months or less to be cash equivalents. Restricted cash primarily represents cash not available for immediate and general use by the Company. The Company minimizes its credit risk associated with cash by periodically evaluating the credit quality of its primary financial institution. The balance at times may exceed federally insured limits. As of December 31, 2016 and 2015 the Company had no cash equivalents. The Company maintains its cash and cash equivalents in banks insured by the Federal Deposit Insurance Corporation (FDIC) in accounts that at times may be in excess of the federally insured limit of $250 per bank. At December 31, 2016 and 2015, the uninsured balances amounted to $0 and $96, respectively. As of December 31, 2015, restricted cash was $39, which supported a letter of credit, in lieu of a rental deposit, for our Harrison, NY office lease.
Investments	Investments Equity security investments available for sale, at market value, reflect unrealized appreciation and depreciation, as a result of temporary changes in market value during the period, in shareholders’ equity, net of income taxes in “accumulated other comprehensive income (loss)” in the consolidated balance sheets. For non–publicly traded securities, market prices are determined through the use of pricing models that evaluate securities. For publicly traded securities, market value is based on quoted market prices or valuation models that use observable market inputs.
Property and Equipment	Property and Equipment Property and equipment are stated at cost less accumulated depreciation. Depreciation is calculated using the straight–line method on the various asset classes over their estimated useful lives, which range from two to five years. The cost of repairs and maintenance is expensed as incurred; major replacements and improvements are capitalized. When assets are retired or disposed of, the cost and accumulated depreciation are removed from the accounts, and any resulting gains or losses are included in income in the year of disposition.
Intangible Assets	Intangible Assets Intangible assets consist of patents, trademarks, domain names, software and customer lists. Estimates of future cash flows and timing of events for evaluating long–lived assets for impairment are based upon management’s judgment. If any of our intangible or long–lived assets are considered to be impaired, the amount of impairment to be recognized is the excess of the carrying amount of the assets over its fair value. Applicable long–lived assets are amortized or depreciated over the shorter of their estimated useful lives, the estimated period that the assets will generate revenue, or the statutory or contractual term in the case of patents. Estimates of useful lives and periods of expected revenue generation are reviewed periodically for appropriateness and are based upon management’s judgment.
Goodwill	Goodwill Goodwill represents the excess of the purchase price over the fair value of the assets acquired and liabilities assumed. The Company is required to perform impairment reviews at each of its reporting units annually and more frequently in certain circumstances. The Company performs the annual assessment on December 31. In accordance with ASC 350–20 “Goodwill”
Fair Value of Financial Instruments	Fair Value of Financial Instruments The carrying amounts of cash and cash equivalents, accounts payable, accrued expenses, and convertible notes payable approximate fair value due to the short–term nature of these instruments. The Company measures the fair value of financial assets and liabilities based on the guidance of ASC 820 “Fair Value Measurements and Disclosures,” ASC 820 ASC 820 Fair value measurements are categorized using a valuation hierarchy for disclosure of the inputs used to measure fair value, which prioritize the inputs into three broad levels: Level 1 Level 2 Level 3
Related Parties	Related Parties The Company follows subtopic 850–10 FASB Accounting Standards Codification Pursuant to Section 850–10–20 FASB Accounting Standards Fair Value Option Subsection of Section 825–10–15 FASB Accounting Standards Pursuant to ASC Paragraphs 850–10–50–1 50–5
Reclassification of Discontinued Operations	Reclassification of discontinued operations In accordance with ASC 205–20 DraftDay.com’s loss for the year ended December 31, 2015 is included in “Loss from discontinued operations” in the Company’s Consolidated Statements of Operations and Comprehensive Loss. Summarized financial information for DraftDay.com’s operations for the years ended December 31, 2016, and 2015 are presented below: Year ended December 31, 2016 2015 Revenue $ – $ 640 Cost of sales – (225 ) Gross margin – 415 Operating expenses – (1,483 ) Net loss $ – $ (1,068 )
Revenue Recognition	Revenue Recognition The Company recognizes revenue when it is realized or realizable and earned. We consider revenue realized or realizable and earned when there is persuasive evidence of an arrangement and that the product has been shipped or the services have been provided to the customer, the sales price is fixed or determinable and collectability is probable. Our material revenue streams are related to the delivery of intellectual property license fees and gaming fees: ● Digital currencies operating revenues ● Licensing ● Gaming
Research and Development	Research and Development Research and development expenses are charged to operations as incurred. During the years ended December 31, 2016 and 2015, respectively, the Company expensed $297 and $nil in research and development costs related to continuing operations.
Advertising and Marketing Costs	Advertising and marketing costs The Company expenses advertising and marketing costs as incurred. During the years ended December 31, 2016 and 2015, respectively, the Company expensed $198 and $nil in advertising costs related to continuing operations.
Stock–Based Compensation	Stock–Based Compensation The Company recognizes compensation expense for all equity–based payments in accordance with ASC 718 “Compensation – Stock Compensation”. Restricted stock awards are granted at the discretion of the Company. These awards are restricted as to the transfer of ownership and generally vest over the requisite service periods, typically over an eighteen–month period (vesting on a straight–line basis). The fair value of a stock award is equal to the fair market value of a share of Company stock on the grant date. The Company accounts for share–based payments granted to non–employees in accordance with ASC 505–40, “Equity Based Payments to Non–Employees”
Income Taxes	Income Taxes The Company applies the elements of ASC 740–10 “Income Taxes — Overall” Deferred taxes are computed based on the tax liability or benefit in future years of the reversal of temporary differences in the recognition of income or deduction of expenses between financial and tax reporting purposes. The net difference, if any, between the provision for taxes and taxes currently payable is reflected in the balance sheet as deferred taxes. Deferred tax assets and/or liabilities, if any, are classified as current and non–current based on the classification of the related asset or liability for financial reporting purposes, or based on the expected reversal date for deferred taxes that are not related to an asset or liability. Valuation allowances are recorded to reduce deferred tax assets to that amount which is more likely than not to be realized. Our effective tax rate for years 2016 and 2015, were 0% and 0%, respectively. The difference in the Company’s effective tax rate from the Federal statutory rate is primarily due to a 100% valuation allowance provided for all deferred tax assets.
Loss Per Share	Loss Per Share Basic loss per share is calculated by dividing net loss applicable to Common shareholders by the weighted average number of Common shares outstanding during the period. Diluted loss per share is calculated by dividing the net loss attributable to Common shareholders by the sum of the weighted average number of Common shares outstanding plus potential dilutive Common shares outstanding during the period. Potential dilutive securities, comprised of the convertible Preferred Stock, unvested restricted shares and stock options, are not reflected in diluted net loss per share because such shares are anti–dilutive. The computation of diluted loss per share for the year ended December 31, 2016, excludes 1,000,000 unvested restricted shares, 6,000,000 shares issuable under options and 100,000 shares issuable under warrants, as they are anti–dilutive due to the Company’s net loss. For the year ended December 31, 2015, the computation excludes 10,608 shares in connection to the Convertible Preferred stock, 3,820,825 warrants, as they are anti–dilutive due to the Company’s net loss.
Segment Reporting	Segment Reporting Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision–making group in deciding how to allocate resources and in assessing performance. Our chief operating decision–making group is composed of the chief executive officer and chief financial officer. We operate in three operational segments, Gaming, Intellectual Property and Bitcoin Mining. Certain corporate expenses are not allocated to segments.
Software Developed for Internal Use and For Sale	Software Developed for Internal Use and For Sale The Company follows ASC 350–40 “Intangibles–Internal Use Software” The Company incurs costs in connection with the development of software products that are intended for sale. Costs incurred prior to technological feasibility being established for the product are expensed as incurred. Technological feasibility is established upon completion of a detail program design or, in its absence, completion of a working model. Thereafter, all software production costs are capitalized and subsequently reported at the lower of unamortized cost or net realizable value. Capitalized costs are amortized based on current and future revenue for each product with an annual minimum equal to the straight–line amortization over the remaining estimated economic life of the product. Amortization commences when the product is available for general release to customers. The Company concluded that capitalizing such expenditures after completion of a working model was inappropriate because the Company did not incur any material software production costs and therefore expenses were all research and development costs. Our research and development costs are comprised of staff, consultancy and other costs expensed on our products.
Comprehensive Loss	Comprehensive Loss Comprehensive loss consists of two components, net loss and other comprehensive loss. Other comprehensive loss refers to revenue, expenses, gains and losses that are recorded as an element of stockholder’s equity but are excluded from net loss. The Company’s other comprehensive loss is comprised of reclassification adjustments for losses included in net income and unrealized holding losses on available for sale securities.
Virtual Currency Accrual	Virtual Currency Accrual Users of the Company’s website maintain virtual currency balances which are accumulated as users participate in the Company’s online games. The amounts may become payable in cash by the Company once the user’s virtual currency balance exceeds a certain minimum threshold; a virtual currency balance of $0.01 or $0.02 based upon initial date of enrollment on the site. User accounts expire after six months of inactivity. The Company records an accrual for potential virtual currency payouts at the end of each reporting period based on historical payout experience and current virtual currency balances.
Recent Accounting Pronouncements	Recent accounting pronouncements In February 2016, FASB issued ASU No. 2016–02 “Leases” (topic 842) In April 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016–09 “Compensation – Stock Compensation” (topic 718) In April 2016, the FASB issued ASU No. 2016–09, “Compensation – Stock Compensation” (topic 718). The FASB issued this update to improve the accounting for employee share–based payments and affect all organizations that issue share–based payment awards to their employees. Several aspects of the accounting for share–based payment award transactions are simplified, including: (a) income tax consequences; (b) classification of awards as either equity or liabilities; and (c) classification on the statement of cash flows. The updated guidance is effective for annual periods beginning after December 15, 2016, including interim periods within those fiscal years. Early adoption of the update is permitted. The adoption of ASU 2016–09 is not expected to have a material impact on our consolidated financial position, results of operations or cash flows. In April 2016, the FASB issued ASU No. 2016–10, “Revenue from Contracts with Customers: Identifying Performance Obligations and Licensing” (topic 606). In March 2016, the FASB issued ASU No. 2016–08, “Revenue from Contracts with Customers: Principal versus Agent Considerations (Reporting Revenue Gross verses Net)” (topic 606). These amendments provide additional clarification and implementation guidance on the previously issued ASU 2014–09, “Revenue from Contracts with Customers”. The amendments in ASU 2016–10 provide clarifying guidance on materiality of performance obligations; evaluating distinct performance obligations; treatment of shipping and handling costs; and determining whether an entity’s promise to grant a license provides a customer with either a right to use an entity’s intellectual property or a right to access an entity’s intellectual property. The amendments in ASU 2016–08 clarify how an entity should identify the specified good or service for the principal versus agent evaluation and how it should apply the control principle to certain types of arrangements. The adoption of ASU 2016–10 and ASU 2016–08 is to coincide with an entity’s adoption of ASU 2014–09, which we intend to adopt for interim and annual reporting periods beginning after December 15, 2017. The adoption of ASU 2016–10 is not expected to have a material impact on our consolidated financial position, results of operations or cash flows. In August 2016, the FASB issued ASU No. 2016–15, “Statement of Cash Flows – Classification of Certain Cash Receipts and Cash Payments.” ASU No. 2016–15 addresses specific cash flow classification issues where there is currently diversity in practice including debt prepayment and proceeds from the settlement of insurance claims. ASU 2016–15 is effective for annual periods beginning after December 15, 2017, with early adoption permitted. The Company is currently evaluating the impact of the new standard on its consolidated financial statements. In November 2016, the FASB issued ASU No. 2016–18 “Statement of Cash Flows (Topic 230), Restricted Cash” which provides guidance on the presentation of restricted cash and restricted cash equivalents in the statements of cash flows. The new guidance requires restricted cash and restricted cash equivalents to be included within the cash and cash equivalents balances when reconciling the beginning–of–period and end–of–period amounts shown on the statements of cash flows. The ASU is effective for reporting periods beginning after December 15, 2017 with early adoption permitted. The Company is currently evaluating the impact of the new standard on its consolidated financial statements. In January 2017, the FASB issued ASU No. 2017–04 “Intangibles—Goodwill and Other (Topic 350), Simplifying the Test for Goodwill Impairment” which eliminated Step 2 from the goodwill impairment test. In computing the implied fair value of goodwill under Step 2, an entity had to perform procedures to determine the fair value at the impairment testing date of its assets and liabilities (including unrecognized assets and liabilities) following the procedure that would be required in determining the fair value of assets acquired and liabilities assumed in a business combination. Instead, under the amendments in this ASU an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. Additionally, an entity should consider income tax effects from any tax–deductible goodwill on the carrying amount of the reporting unit when measuring the goodwill impairment loss, if applicable. The ASU also eliminated the requirements for any reporting unit with a zero or negative carrying amount to perform a qualitative assessment and, if it fails that qualitative test, to perform Step 2 of the goodwill impairment test. Therefore, the same impairment assessment applies to all reporting units. An entity is required to disclose the amount of goodwill allocated to each reporting unit with a zero or negative carrying amount of net assets. An entity still has the option to perform the qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. The ASU is effective for reporting periods beginning after December 15, 2019 with early adoption permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company is currently evaluating the impact of the new standard on its consolidated financial statements. There were no other new accounting pronouncements that were issued or became effective since the issuance of our 2016 Annual Report on Form 10–K that had, or are expected to have, a material impact on our consolidated financial position, results of operations or cash flows.

Organization (Tables)

Organization (Tables)	12 Months Ended
	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Fair Value of Net Assets Assumed in Consideration for Sale of Business Assets	The following table summarizes fair values of the net assets assumed in consideration for the sale of the DraftDay.com Business assets: Viggle Common shares received at closing share price of $26.00 $ 1,650 Viggle promissory notes 2,109 DDGG Common shares received at fair market value of $400.00 per share (1) 1,020 DDGG stock purchase warrants received (2) 360 Total consideration $ 5,139 (1) DDGG Common shares were valued based on recent equity sales by DDGG to Viggle. Viggle purchased shares of DDGG at a price of $400.00 per share. (2) The Company determined fair value of the warrants received utilizing a Black–Scholes option pricing model. The Company utilized the following assumptions: fair value of Common share of DDGG stock – $400.00 per share, exercise price of $400.00, risk free rate of 0.65%, expected volatility of 98% which is the 3–year historical volatility of the Company’s Common stock.
Schedule of Recognition of Agreement	The following summarizes the recognition of the Agreement: Cash $ 35 Intangible assets (179 ) Loss on Sale $ 144

Summary of Significant Accoun29

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Schedule of Assets and Liabilities Related Discontinued Operations	Summarized financial information for DraftDay.com’s operations for the years ended December 31, 2016, and 2015 are presented below: Year ended December 31, 2016 2015 Revenue $ – $ 640 Cost of sales – (225 ) Gross margin – 415 Operating expenses – (1,483 ) Net loss $ – $ (1,068 )

Prepaid Expenses and Other Cu30

Prepaid Expenses and Other Current Assets (Tables)	12 Months Ended
	Dec. 31, 2016
Prepaid Expenses And Other Current Assets Tables
Schedule of Prepaid Expenses and Other Current Assets	Prepaid expenses and other current assets consisted of the following: December 31, 2016 December 31, 2015 Prepaid services $ 153 $ - Insurance - 3 Other - 58 Total prepaid expenses and other current assets $ 153 $ 61

Investments (Tables)

Investments (Tables)	12 Months Ended
	Dec. 31, 2016
Schedule of Investments [Abstract]
Schedule of Investment Available for Sale	Investments Available for Sale December 31, 2016 December 31, 2015 FNCX Common shares $ 44 $ 444
Schedule of Investment Cost	Investments at Cost December 31, 2016 December 31, 2015 DDGG Common shares $ 287 $ 1,020 DDGG stock purchase warrants received - 360 Total $ 287 $ 1,380

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets for Continuing Operations	The Company’s intangible assets for continuing operations consisted of the following: Goodwill January 1, 2015 $ 1,496 Additions (disposals) - December 31, 2015 1,496 Impairment (1,496 ) December 31, 2016 $ – Intangible Assets January 1, 2015 $ 1,608 Disposals (179 ) Impairment (472 ) Amortization (227 ) 730 Additions 495 Impairment (673 ) Amortization (84 ) December 31, 2016 $ 468
Schedule of Finite-lived Intangible Assets, Future Amortization Expense	The following table outlines estimated future annual amortization expense for the next five years and thereafter: For the year ending December 31, 2017 $ 165 2018 165 2019 138 $ 468

Notes Receivable (Tables)

Notes Receivable (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Receivable Tables
Schedule of Notes Receivable	The outstanding balance of notes receivable was the following: As of December 31, 2016 2015 Notes receivable $ - $ 1,575

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	Property and equipment related to continuing operations consisted of the following: As of December 31, 2016 2015 Computer hardware and software $ 10 $ 38 Bitcoin machines 708 – 718 38 Less: Accumulated depreciation (116 ) (3 ) Property and equipment, net $ 602 $ 35

Accrued Expenses (Tables)

Accrued Expenses (Tables)	12 Months Ended
	Dec. 31, 2016
Accrued Expenses Tables
Schedule of Accrued Expenses	Accrued expenses consisted of the following: As of December 31, 2016 2015 Independent director fees $ - $ 15 Legal, consulting and other 124 - $ 124 $ 15

Notes Payable (Tables)

Notes Payable (Tables)	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Schedule of Assumptions Used	The Company estimated the relative fair value of these warrants on the date of grant, using the Black–Scholes option–pricing model with the following weighted–average assumptions: Expected option life (year) 3.00 Expected volatility 131.75 % Risk–free interest rate 0.85 % Dividend yield 0.00 %

Stock Incentive Plan and Stoc37

Stock Incentive Plan and Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Stock Incentive Plan and Stock-based Compensation	A summary of the Company’s employee’s restricted stock as of December 31, 2016, is presented below: Number of Shares Weighted Average Grant Date Fair Value Non–vested at January 1, 2015 110,000 $ 1.42 Granted 255,000 0.31 Vested (309,500 ) 0.53 Forfeited (55,500 ) 1.28 Non–vested at December 31, 2015 – – Granted 3,051,000 3.67 Vested (2,051,000 ) 4.33 Forfeited – – Non–vested at December 31, 2016 1,000,000 $ 2.31
Summary of Warrant Outstanding	The following table summarizes information about shares issuable under warrants outstanding at December 31, 2016: Warrant Shares Outstanding Weighted Average Exercise Price At January 1, 2015 1,020,825 $ 3.47 Issued 5,600,000 0.25 Exercised – – Expired – – At December 31, 2015 6,620,825 1.11 Issued 460,000 3.31 Exercised (6,980,825 ) (0.87 ) Expired – – At December 31, 2016 100,000 $ 3.75
Schedule of Stock Options Activity	The following is a summary of the Company’s option activity: Options Weighted Average Exercise Price Outstanding – December 31, 2015 - $ - Exercisable – December 31, 2015 - $ - Granted 6,000,000 $ 0.71 Exercised - $ - Forfeited/Cancelled - $ - Outstanding – December 31, 2016 6,000,000 $ 0.71 Exercisable – December 31, 2016 500,000 $ 0.71
Schedule of Stock Option Plans, by Exercise Price Range	Options Outstanding Options Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (in years) Weighted Average Exercise Price Number Exercisable Weighted Average Exercise Price $ 0.25 - 1.00 6,000,000 4.88 years $ 0.71 500,000 $ 0.71

Non-controlling Interest (Table

Non-controlling Interest (Tables)	12 Months Ended
	Dec. 31, 2016
Noncontrolling Interest [Abstract]
Schedule of Non-controlling Interest	At December 31, 2016, the Company’s non–controlling interest was as follows: MGT Gaming MGT Interactive M2P Americas Total Non–controlling interest at January 1, 2015 $ 370 $ 92 $ (20 ) $ 442 Non–controlling share of losses (342 ) 4 (3 ) (341 ) Transfers from non–controlling interest – (96 ) – (96 ) Non–controlling interest at December 31, 2015 28 – (23 ) 5 Non–controlling share of net loss (319 ) – – (319 ) Buy back 291 – 1 292 Non–controlling interest at December 31, 2016 $ – $ – $ (22 ) $ (22 )

Operating Leases, Commitments39

Operating Leases, Commitments and Security Deposit (Tables)	12 Months Ended
	Dec. 31, 2016
Operating Leases Commitments And Security Deposit Tables
Schedule of Future Minimum Rental Payments for Operating Leases	Total future minimum payments required under the new operating lease are as follows. Year Ending December 31, 2017 $ 77 2018 80 2019 83 2020 7 $ 247

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Schedule of Deferred Tax Assets	Significant components of deferred tax assets were as follows as of December 31: 2016 2015 U.S. federal tax loss carry–forward $ 14,632 $ 14,229 U.S. State tax loss carry–forward 1,505 1,137 U.S. federal capital loss carry–forward 188 188 Equity based compensation 3,965 — Fixed assets, intangible assets and goodwill 821 — Long-term investments 462 — Total deferred tax assets 21,573 15,554 Less: valuation allowance (21,573 ) (15,554 ) Net deferred tax asset $ — $ —
Summary of Operating Loss Carryforwards	As of December 31, 2016, the Company had the following tax attributes: Amount Begins to expire U.S. federal net operating loss carry–forwards $ 43,588 Fiscal 2023 U.S. State net operating loss carry–forwards 27,468 Fiscal 2031 U.S. federal capital loss carry–forwards 553 Fiscal 2015
Schedule of Effective Income Tax Rate Reconciliation	The sources and tax effects of the differences are as follows for the years ended December 31: 2016 2015 Expected Federal Tax (34.00 )% (34.00 )% State Tax (Net of Federal Benefit) (5.48 ) (5.48 ) Other permanent differences 0.05 — Loss on extinguishment 2,76 — Warrant modification 0.59 — Loss on conversion of note receivable 0.27 — Change in valuation allowance 35.82 39.48 Effective rate of income tax 0 % 0 %

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
Schedule of Segment Reporting Information	The Company evaluates performance of its operating segments based on revenue and operating loss. The following table summarizes our segment information for the year ended December 31, 2016 and 2015: Intellectual property Gaming – Continuing Operations Unallocated corporate/other Bitcoin mining Total Discontinued Operations Year ended December 31, 2016 Revenue $ – $ – $ – $ 313 $ 313 $ – Cost of revenue – – – (209 ) (209 ) – Gross margin – – – 104 104 – Operating income (loss) (709 ) (1,536 ) (18,095 ) 104 (20,236 ) – Year ended December 31, 2015 Revenue $ 102 $ 2 $ – $ – $ 104 $ 640 Cost of revenue (5 ) – – – (5 ) (225 ) Gross margin 97 2 – – 99 415 Operating loss (740 ) (32 ) (2,422 ) – (3,194 ) (1,068 ) December 31, 2016 Cash and cash equivalents $ – $ – $ 345 $– $ 345 $ – Property and equipment – – 8 594 602 – Intangible assets – – 468 – 468 – Goodwill – – – – – – Additions Property and equipment – – – 695 695 – Intangible assets – – 495 – 495 – Goodwill – – – – – Disposals Property and equipment – – – – – Intangible assets (659 ) (14 ) – (673 ) – Goodwill – (1,496 ) – (1,496 ) – December 31, 2015 Cash and cash equivalents (excludes $39 of restricted cash) $ – $ – $ 359 $ 359 $ – Property and equipment – – 35 35 – Intangible assets 710 20 – 730 – Goodwill – 1,496 – 1,496 – Additions Property and equipment – – 35 35 –

Investments and Fair Value (Tab

Investments and Fair Value (Tables)	12 Months Ended
	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Schedule of Fair Value of Liabilities Measured on Recurring Basis	The following table provides the investments carried at fair value measured on a recurring basis as of December 31, 2016: Level 1 Level 2 Level 3 Total Investments – FNCX Common shares $ 44 $ – $ – $ 44 Digital Currencies $ 10 $ – $ – $ 10 The following table provides the investments carried at fair value measured on a recurring basis as of December 31, 2015: Level 1 Level 2 Level 3 Total Investments – FNCX Common shares $ 444 $ – $ – $ 444

Organization (Details Narrative

Organization (Details Narrative) - USD ($) $ in Thousands

Oct. 10, 2016

Oct. 05, 2016

Sep. 16, 2016

Jul. 07, 2016

May 26, 2016

May 13, 2016

May 09, 2016

Dec. 22, 2015

Sep. 08, 2015

Sep. 03, 2015

Aug. 28, 2015

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Oct. 24, 2016

Sep. 19, 2016

Mar. 03, 2016

Sep. 30, 2015

Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]

Number of shares exchanged for business assets acquisition

172

Common stock shares outstanding

28,722,855

17,928,221

Terminated asset purchase agreement, description

The RO Agreement provided for the sale of the DraftDay.com Business to RO for a purchase price of (i) cash equal to the sum of (a) $4,000 and (b) $10 per day for the period starting July 15, 2015 and ending on the closing date and (ii) a three–year warrant to purchase 500,000 shares of RO Common stock at an exercise price of $1.00, a three–year warrant to purchase 500,000 shares of RO Common stock at an exercise price of $1.33, and a three–year warrant to purchase 500,000 shares of RO Common stock at an exercise price of $1.66.

Gain on termination of asset purchase agreement

$ 250

$ 250

Description of asset purchase agreement

On September 8, 2015, the Company and MGT Sports entered into an Asset Purchase Agreement with Viggle, Inc. (“Viggle”) and Viggle’s subsidiary DDGG, pursuant to which Viggle acquired all of the assets of the DraftDay.com business (“DraftDay.com”) from the Company and MGT Sports. In exchange for the acquisition of DraftDay.com, Viggle paid MGT Sports the following: (a) 63,467 shares of Viggle’s common stock, since renamed Function(x) Inc. (NASDAQ: FNCX) (“FNCX”), (b) a promissory note in the amount of $234 paid on September 29, 2015, (c) a promissory note in the amount of $1,875 due March 8, 2016 (“FNCX Note”, “the Note”), and (d) 2,550 shares of Common stock of DDGG (private entity). In addition, in exchange for providing certain transitional services, DDGG issued to MGT Sports a warrant to purchase 1,500 shares of DDGG common stock.

Restructuring reserve

300

Accrued interest

$ 16

$ 500

Number of common stock issued during period

136,304

Number of common stcok converted, shares

136,304

Debt instrument accrued interest rate

5.00%

Debt maturity date

Jul. 18, 2016

Common stock reverse split

1 for 20

Loss on sale of investments

$ (1,169)

Loss on conversion of notes receivable

196

License revenue

90

Impairment of intangible assets

673

472

Loss on sale of assets

$ (387)

Patents [Member]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]

Impairment of intangible assets

659

DraftDay Gaming Group, Inc [Member]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]

Equity ownership interest, percent

49.00%

10.00%

MGT Sports, Inc [Member]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]

Equity ownership interest, percent

11.00%

Sportech Inc [Member]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]

Equity ownership interest, percent

39.00%

Munich Innovations GmbH [Member]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]

Sale of patent value

1,500

Gioia Systems, LLC [Member]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]

Cash payments

$ 35

Asset Purchase Agreement [Member] | D-Vasive, Inc [Member]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]

Refundable advance paid

$ 70,000

FNCX March 24th Agreement [Member]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]

Note outstanding principal amount

1,875

Accrued interest

$ 51

Number of common stock issued during period

137,418

Additional debt outstanding principal

$ 110

Remaining debt outstanding principal

$ 940

Debt instrument accrued interest rate

5.00%

Debt maturity date

Jul. 31, 2016

FNCX March 24th Agreement One [Member]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]

Note outstanding principal amount

$ 825

FNCX Preferred Shares [Member]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]

Number of common stcok converted, shares

18,332

FNCX Preferred Shares [Member] | Series D Convertible Preferred Stock [Member]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]

Number of preferred stock shares issued

110

FNCX June 14th Agreement [Member]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]

Number of common stock issued during period

132,092

Number of common stcok converted, shares

132,097

Remaining debt outstanding principal

$ 940

LLC Membership Interest Purchase Agreement [Member]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]

Business acquisition, description

On August 16, 2016, the Company purchased 17.5% membership interest in Two minute Quests LLC (“2MQ”) for $115. 2MQ is introducing a game for the iWatch and iPhone. As of December 31, 2016, the Company recorded an impairment charge for the full value of $115 of this investment.

Impairment charge on investment

$ 115

Round House LLC [Member]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]

Outstanding membership interests percentage

6.00%

Impairment charge on investment

$ 150

Cash consideration

$ 150

D-Vasive, Inc [Member]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]

Value of cash exchanged for business assets acquisition

$ 300

Number of shares exchanged for business assets acquisition

23,800,000

Number of share limit for listing

43,800,000

Demonsaw LLC [Member]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]

Number of shares exchanged for business assets acquisition

43,800,000

20,000,000

Outstanding membership interests percentage

46.00%

Common stock shares outstanding

2,000,000

Cyberdonix Inc [Member] | Asset Purchase Agreement [Member]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]

Number of circuit board inventory shares of common stock issue

150,000

Organization - Fair Value of Ne

Organization - Fair Value of Net Assets Assumed in Consideration for Sale of Business Assets (Details) - DraftDay.Com [Member] $ in Thousands	Dec. 31, 2016USD ($)
Viggle Common shares received at closing share price of $26.00	$ 1,650
Viggle promissory notes	2,109
DDGG Common shares received at fair market value of $400.00 per share	1,020	[1]
DDGG stock purchase warrants received	360	[2]
Total consideration	$ 5,139
[1]	DDGG Common shares were valued based on recent equity sales by DDGG to Viggle. Viggle purchased shares of DDGG at a price of $400.00 per share.
[2]	The Company determined fair value of the warrants received utilizing a Black-Scholes option pricing model. The Company utilized the following assumptions: fair value of Common share of DDGG stock - $400.00 per share, exercise price of $400.00, risk free rate of 0.65%, expected volatility of 98% which is the 3-year historical volatility of the Company's Common stock.

Organization - Fair Value of 45

Organization - Fair Value of Net Assets Assumed in Consideration for Sale of Business Assets (Details) (Parenthetical) - DDGG Common Shares [Member]	12 Months Ended
	Dec. 31, 2016$ / shares
Number of common stock purchase price per share	$ 400
Common stock exercise price	$ 400
Common stock risk free rate	0.65%
Common stock expected volatility	98.00%
Common stock historical volatility	3 years

Organization - Schedule of Reco

Organization - Schedule of Recognition of Agreement (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Loss on sale of assets		$ 387
MGT Interactive [Member]
Loss on sale of assets	144
MGT Interactive [Member] | Cash [Member]
Loss on sale of assets	35
MGT Interactive [Member] | Intangible Assets [Member]
Loss on sale of assets	$ (179)

Going Concern and Management 47

Going Concern and Management Plans (Details Narrative) - USD ($)	Dec. 22, 2015	Dec. 31, 2016	Oct. 10, 2016	Dec. 31, 2015
Retained earnings (accumulated deficit)		$ 328,467,000		$ 303,944,000
Cash and cash equivalents		$ 345,000		359,000
Restricted cash				$ 39,000
Sals of stock transaction during period	172
Common stock, par value		$ 0.001		$ 0.001
Debt instrument accrued interest rate		5.00%
Debt converted into shares, value
Convertible principal amount		45,000
Accrued interest		500,000	$ 16,000
March 14, 2017 [Member] | L2 Capital, LLC [Member]
Capital contribution of common stock		$ 5,000,000
Equity purchase, description		(a) $1 million or (b) 150% of the Average Daily Trading Value, upon the Company’s delivery of a Put Notice to L2 Capital. L2 Capital shall purchase such number of shares of Common Stock at a per share price that equals to the lowest closing bid price of the Common Stock during the Pricing Period multiplied by 90%.
March 14, 2017 [Member] | L2 Capital, LLC [Member] | Minimum [Member]
Capital to purchase shares of common stock		$ 25,000
March 14, 2017 [Member] | L2 Capital, LLC [Member] | Maximum of the Lesser [Member]
Capital to purchase shares of common stock		1,000,000
Common Stock [Member]
Debt converted into shares, value
Debt converted into shares		11
8% Convertible Notes [Member] | Common Stock [Member]
Debt instrument accrued interest rate		8.00%
Debt converted into shares, value		$ 1,800,000
Debt converted into shares		1,900,000
First Note [Member]
Warrant exercisable, shares		400,000
Warrant exercise price		$ 110
Debt converted into shares, value		$ 375,000
Series A Warrant [Member]
Warrant exercisable, shares		1
Warrant term		3 years
Warrant exercise price		$ 0.50
Series B Warrant [Member]
Warrant exercisable, shares		1
Warrant term		3 years
Warrant exercise price		$ 0.75
Series C Warrant [Member]
Warrant exercisable, shares		1
Warrant term		3 years
Warrant exercise price		$ 1
Securities Purchase Agreement [Member]
Sals of stock transaction during period		1,625,000
Common stock, par value		$ 0.001
Convertible debt description		Event of Default, the Holder of the Second Note shall have the right to convert all or part of the unpaid and outstanding Principal Amount and the accrued and unpaid interest into shares of Common Stock at a Conversion Price that equals to 65% multiplied by the Market Price. Pursuant to the L2 Collateralized Note, L2 Capital promises to pay the Company the Principal Amount of $500 (consisting $393 in cash, legal fees of $7 and an original issuance discount of $100) no later than November 10, 2017
Securities Purchase Agreement [Member] | March 10, 2017 [Member]
Gross proceeds		$ 393,000
Debt instrument accrued interest rate		10.00%
Convertible principal amount		$ 1,000,000
Debt conversion price		20.00%
Capital's legal fees		$ 7,000
Securities Purchase Agreement [Member] | First Note [Member] | March 10, 2017 [Member]
Debt instrument accrued interest rate		10.00%
Convertible principal amount		$ 500,000
Debt conversion price		65.00%
Purchase Agreement [Member]
Gross proceeds		$ 650,000
Equity Purchase Agreement [Member] | 8% Convertible Notes [Member]
Debt instrument accrued interest rate		8.00%
Convertible principal amount		$ 160,000
Debt conversion price		75.00%

Summary of Significant Accoun48

Summary of Significant Accounting Policies (Details Narrative) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)Segments$ / sharesshares	Dec. 31, 2015USD ($)shares
Summary Of Significant Accounting Policies [Line Items]
Federally insured limit per bank | $	$ 250
Uninsured balances | $	0	$ 96
Research and development expenses | $	297
Advertising and marketing costs | $	$ 198
Effective tax rate	0.00%	0.00%
Change in deferred tax assets valuation allowance	100.00%
Number of operating segments | Segments	2
Option [Member]
Summary Of Significant Accounting Policies [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount | shares	6,000,000
Warrant [Member]
Summary Of Significant Accounting Policies [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount | shares	100,000	3,820,825
Unvested Restricted Stock [Member]
Summary Of Significant Accounting Policies [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount | shares	1,000,000
Convertible Preferred Stock [Member]
Summary Of Significant Accounting Policies [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount | shares		10,608
Minimum [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives of property and equipment	2 years
Virtual currency balance per share | $ / shares	$ 0.01
Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives of property and equipment	5 years
Virtual currency balance per share | $ / shares	$ 0.02

Summary of Significant Accoun49

Summary of Significant Accounting Policies - Schedule of Assets and Liabilities Related Discontinued Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Net loss		$ (1,205)
DraftDay.Com [Member]
Revenue		640
Cost of sales		(225)
Gross margin		415
Operating expenses		(1,483)
Net loss		$ (1,068)

Prepaid Expenses and Other Cu50

Prepaid Expenses and Other Current Assets - Schedule of Prepaid Expenses and Other Current Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Prepaid Expenses And Other Current Assets - Schedule Of Prepaid Expenses And Other Current Assets Details
Prepaid services	$ 153
Insurance		3
Other		58
Total prepaid expenses and other current assets	$ 153	$ 61

Investments (Details Narrative)

Investments (Details Narrative) - USD ($) $ in Thousands	May 13, 2016	Dec. 31, 2016	Dec. 31, 2015
Losses on sale of investments		$ 1,169
Impairment of long term investments		$ 1,358
LLC Membership Interest Purchase Agreement [Member]
Business acquisition, description		On August 16, 2016, the Company purchased 17.5% membership interest in Two minute Quests LLC (“2MQ”) for $115. 2MQ is introducing a game for the iWatch and iPhone. As of December 31, 2016, the Company recorded an impairment charge for the full value of $115 of this investment.
Impairment charge on investment		$ 115
Round House LLC [Member]
Impairment charge on investment	$ 150
Outstanding membership interests percentage	6.00%
Cash consideration	$ 150
DDGG [Member]
Impairment of long term investments		$ 1,093

Investments - Schedule of Inves

Investments - Schedule of Investment Available for Sale (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
FNCX Common Shares [Member ]
Investments available for sale	$ 44	$ 444

Investments - Schedule of Inv53

Investments - Schedule of Investment Cost (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Investments, at cost	$ 287	$ 1,380
DDGG Common Shares [Member]
Investments, at cost	287	1,020
DDGG Stock Purchase Warrants Received [Member]
Investments, at cost		$ 360

Goodwill and Intangible Asset54

Goodwill and Intangible Assets (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of intangible assets	$ 83	$ 227	$ 325
Impairment of goodwill	1,496
Impairment of intangible assets	$ 673	472
Stock issued during period, shares, acquisitions	150,000
Stock issued during period, value, acquisitions	$ 495

Goodwill and Intangible Asset55

Goodwill and Intangible Assets - Schedule of Intangible Assets for Continuing Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Additions	$ 495
Amortization	83	227	$ 325
Balance	468
Goodwill [Member]
Balance	1,496	1,496
Additions (disposals)
Impairment
Balance		1,496	1,496
Finite Lived Intangible Assets [Member]
Balance	730	1,608
Impairment	(673)	(472)
Additions	495
Amortization	(84)	(227)
Disposals		(179)
Balance	$ 468	$ 730	$ 1,608

Goodwill and Intangible Asset56

Goodwill and Intangible Assets - Schedule of Finite-lived Intangible Assets, Future Amortization Expense (Details) $ in Thousands	Dec. 31, 2016USD ($)
Goodwill And Intangible Assets - Schedule Of Finite-lived Intangible Assets Future Amortization Expense Details
2,017	$ 165
2,018	165
2,019	138
Intangible assets, net	$ 468

Notes Receivable (Details Narra

Notes Receivable (Details Narrative) - USD ($)	Oct. 10, 2016	Mar. 24, 2016	Dec. 22, 2015	Sep. 08, 2015	Dec. 31, 2016	Sep. 29, 2016	Dec. 31, 2015	Sep. 30, 2015	Feb. 26, 2015
Description of asset purchase agreement				On September 8, 2015, the Company and MGT Sports entered into an Asset Purchase Agreement with Viggle, Inc. (“Viggle”) and Viggle’s subsidiary DDGG, pursuant to which Viggle acquired all of the assets of the DraftDay.com business (“DraftDay.com”) from the Company and MGT Sports. In exchange for the acquisition of DraftDay.com, Viggle paid MGT Sports the following: (a) 63,467 shares of Viggle’s common stock, since renamed Function(x) Inc. (NASDAQ: FNCX) (“FNCX”), (b) a promissory note in the amount of $234 paid on September 29, 2015, (c) a promissory note in the amount of $1,875 due March 8, 2016 (“FNCX Note”, “the Note”), and (d) 2,550 shares of Common stock of DDGG (private entity). In addition, in exchange for providing certain transitional services, DDGG issued to MGT Sports a warrant to purchase 1,500 shares of DDGG common stock.
Restructuring reserve							$ 300,000
Convertible principal amount					$ 45,000
Accrued interest	$ 16,000				$ 500,000
Number of shares issued for exchange of note	136,304
Debt instrument accrued interest rate					5.00%
Debt instrument maturity date					Jul. 18, 2016
Sale of stock, number of shares issued			172
MGT Sports, Inc [Member]
Equity ownership interest, percent				11.00%
DraftDay Gaming Group, Inc [Member]
Equity ownership interest, percent				49.00%				10.00%
Sportech Inc [Member]
Equity ownership interest, percent				39.00%
TeraExchange, LLC [Member]
Convertible principal amount									$ 250,000
Debt instrument accrued interest rate									5.00%
Repayment of debt					$ 267,000
Securities Exchange Agreement [Member]
Accrued interest						$ 1,650,000
Debt instrument accrued interest rate						12.00%
NCX March 24th Agreement [Member]
Value of debt converted into shares		$ 940,000
Debt instrument accrued interest rate		5.00%
Debt instrument interest amount	$ 16,000
Debt instrument maturity date		Jul. 31, 2016
Sale of stock, number of shares issued	136,304
Loss on sale of notes	$ 86,000
FNCX June 14th Agreement [Member]
Convertible principal amount					$ 940,000
Number of shares issued for exchange of note					132,097
FNCX Note [Member] | Securities Exchange Agreement [Member]
Convertible principal amount		$ 1,875,000
Accrued interest		51,000
FNCX Note Portion One [Member] | Securities Exchange Agreement [Member] | Common Stock [Member]
Value of debt converted into shares		$ 825,000
Number of shares issued for exchange of note		137,418
Number of preferred stock converted into common stock		18,332
FNCX Note Portion Two [Member] | Securities Exchange Agreement [Member] | Redeemable Convertible Preferred Stock [Member]
Value of debt converted into shares		$ 110,000
Number of shares issued for exchange of note		110

Notes Receivable - Schedule of

Notes Receivable - Schedule of Notes Receivable (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Notes Receivable - Schedule Of Notes Receivable Details
Notes receivable		$ 1,575

Property and Equipment (Details

Property and Equipment (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 126	$ 14

Property and Equipment - Schedu

Property and Equipment - Schedule of Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Computer hardware and software	$ 10	$ 38
Bitcoin machines	708
Property and equipment, gross	718	38
Less: Accumulated depreciation	(116)	(3)
Property and equipment, net	$ 602	$ 35

Accrued Expenses - Schedule of

Accrued Expenses - Schedule of Accrued Expenses (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Accrued Expenses - Schedule Of Accrued Expenses Details
Independent director fees		$ 15
Legal, consulting and other	124
Total	$ 124	$ 15

Notes Payable (Details Narrativ

Notes Payable (Details Narrative) - USD ($)	Oct. 28, 2016	Aug. 02, 2016	Dec. 31, 2016	Dec. 31, 2015	Nov. 04, 2016
Proceeds from issuance of promissory notes			$ 2,300,000
Maturity date of notes			Jul. 18, 2016
Convertible principal amount			$ 45,000
amortization of debt discount			$ 41,000
New Notes [Member]
Debt interest rate	8.00%
Convertible, conversion price	$ 1
Convertible principal amount	$ 2,300,000
Warrant Exchange Agreement [Member]
Debt interest rate	12.00%
Convertible, conversion price					$ 1
Note Exchange Agreement [Member]
Debt interest rate	12.00%
Convertible, conversion price	$ 1
Purchase Agreement [Member]
Number of warrants issued to common stock			460,000
Fair value of convertible notes			$ 119,000
Unamortized discount on warrants			711,000
Modified note payable			702,000
amortization of debt discount			$ 41,000
Closing Date [Member] | Securities Purchase Agreement [Member] | Accredited Investors [Member]
Proceeds from issuance of promissory notes		$ 2,300,000
Maturity date of notes		Sep. 30, 2019
Debt interest rate		12.00%
Debt instrument first payment due date		Sep. 30, 2016
Number of warrants issued to common stock		100
Warrant exercise price		$ 3.31
Warrants exercisable terms		36 months
Discount on notes payable		$ 761,000

Notes Payable - Schedule of Ass

Notes Payable - Schedule of Assumptions Used (Details) - Warrant [Member]	12 Months Ended
	Dec. 31, 2016
Expected option life (year)	3 years
Expected volatility	131.75%
Risk-free interest rate	0.85%
Dividend yield	0.00%

Series A Convertible Preferre64

Series A Convertible Preferred Stock (Details Narrative) - Series A Convertible Preferred Stock [Member] - shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Preferred Stock [Line Items]
Number of preferred stock converted	10,838
Number of preferred stock converted into common stock	10,838
Preferred stock, shares outstanding		10,608	9,993
Preferred stock dividend shares issued during the period	230	615	580

Sale of Common Stock (Details N

Sale of Common Stock (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	Jul. 07, 2016	Dec. 22, 2015	Oct. 08, 2015	Dec. 30, 2013	Dec. 31, 2016	Dec. 31, 2015	Sep. 29, 2016
Sale of stock, number of shares issued		172
Proceeds from issuance of common stock						$ 1,644
Sale of stock purchase price per share		$ 0.25
Common stock, par value					$ 0.001	$ 0.001
Sahres issued for services to employees					976,000
Mr. Ladd [Member]
Sahres issued for services to employees	2,000,000
Chief operating officer salary per year	$ 240
Stock vesting description	Mr. Ladd is entitled to receive up to 2,000,000 shares of the Company’s common stock, 1/3 of which shall vest within 12 months from the execution of the agreement, another 1/3 within 18 months, and the remaining 1/3 within 24 months from the execution of the agreement.
Stock based compensation	$ 8,740
Subscription Agreement [Member]
Common stock aggregate offering price				$ 8,500
Sale of stock, number of shares issued						3,155,000
Proceeds from issuance of common stock						$ 1,695
Proceeds from sale of units			$ 700
Sale of stock purchase price per share			$ 0.25
Common stock, par value			$ 0.001				$ 0.001
Warrant term			3 years
Gross proceeds under qualifying transaction			$ 7,500
Sale of common stock description			The Company is prohibited from effecting an exercise of any Warrant to the extent that, as a result of any such exercise, the holder would beneficially own more than 4.99% of the number of shares of Common Stock outstanding immediately after giving effect to the issuance of shares of Common Stock upon exercise of such Warrant, which beneficial ownership limitation may be increased by the holder up to, but not exceeding, 9.99%. The Warrants are also subject to certain adjustments upon certain actions by the Company as outlined in the Warrants. Prior to receipt of shareholder approval, the warrants, when aggregated with the shares of common stock issued in the offering, shall not be exercisable into more than 19.99% of the number of shares of Common Stock outstanding as of the closing date.

Stock Incentive Plan and Stoc66

Stock Incentive Plan and Stock-Based Compensation (Details Narrative) - USD ($)

Nov. 28, 2016

Oct. 10, 2016

Aug. 15, 2016

Jun. 30, 2016

Dec. 31, 2015

Sep. 27, 2013

Sep. 29, 2016

Aug. 31, 2016

May 31, 2016

Dec. 31, 2016

Dec. 31, 2015

Nov. 11, 2016

Nov. 04, 2016

Oct. 28, 2016

Dec. 22, 2015

Oct. 08, 2015

Apr. 15, 2012

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based compensation arrangement by share-based payment award, number of shares authorized

1,335,000

415,000

1,335,000

Fair value stock price per share

$ 0.25

Number of warrants grant term

7 years

Percentage of stockholder incentive stock option granted on date of grant

10.00%

Employee benefits and share-based compensation

$ 130,000

$ 290,000

Stock based arrangements by non-vested unrecognized compensation costs

$ 0

$ 1,623,000

$ 0

Share based compensation of weighted average period term

2 years

0 years

Stock issued during period, shares, issued for services

976,000

Stock issued during period, value, issued for services

$ 1,106,000

$ 161,000

Number of common stock issued during period

136,304

Common stock, par value

$ 0.001

$ 0.001

$ 0.001

Gross proceeds of issued shares

$ 855,000

Debt instrument interest rate

5.00%

Accrued interest

$ 16,000

$ 500,000

Warrant modification expense

$ 431,000

Number of common stock issued exercise of warrants shares

1,051,000

Number of common stock exercise of warrants value

$ 2,427,000

Aggregate principal amount

45,000

Options outstanding intrinsic value

940,000

Options exercisable intrinsic value

$ 0

New Notes [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Debt instrument interest rate

8.00%

Aggregate principal amount

$ 2,300,000

Convertible, conversion price

$ 1

Subscription Agreement [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Fair value stock price per share

$ 0.25

Number of common stock issued during period

450,000

Common stock, par value

$ 0.001

$ 0.001

Purchase price per share

$ 3

Gross proceeds of issued shares

$ 1,350,000

Securities Exchange Agreement [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of common stock issued during period

850,000

Debt instrument interest rate

12.00%

Accrued interest

$ 1,650,000

Securities Exchange Agreement [Member] | D-Vasive, Inc [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of common stock issued during period

43,800,000

Warrant Exchange Agreement [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Debt instrument interest rate

12.00%

Convertible, conversion price

$ 1

Note Exchange Agreement [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Debt instrument interest rate

12.00%

Convertible, conversion price

$ 1

3.0 Warrant Modification Agreements [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of common stock purchase of warrants issued during period

517,796

Warrant exercise price per shares

$ 3

Exercise price of warrants reduced per shares

$ 0.25

Number of common stock issued during period

517,796

Gross proceeds of issued shares

$ 129,000

Warrant modification expense

$ 431,000

2015 Warrants [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock issued during period, shares, issued for services

2,800,000

Shares issued price per share

$ 0.41

Warrant exercise price per shares

$ 0.25

Gross proceeds of issued shares

$ 2,298,000

Gross proceeds from warrants

$ 7,500,000

Class of warrant or right, exercise price of warrants or rights

$ 0.25

2015 Warrants [Member] | Private Placement [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock issued during period, shares, issued for services

5,600,000

Warrant [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of common stock purchase of warrants issued during period

4,600

Warrant exercise price per shares

$ 3.31

Warrants exercisable period

36 months

Number of common stock issued during period

100

Number of common stock issued exercise of warrants shares

460,000

6,117,796

Number of common stock exercise of warrants value

$ 2,427,000

Class of warrant or right, outstanding

100,000

Class of warrant or right, exercise price of warrants or rights

$ 3.75

Share based compensation arrangements an intrinsic value

$ 0

Warrant expiration term

expire through 2018

Warrant [Member] | Securities Exchange Agreement [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of common stock issued exercise of warrants shares

460,000

Number of common stock exercise of warrants value

$ 600,400

Class of warrant or right, exercise price of warrants or rights

$ 600

Employees - Non-Restricted [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock issued during period, shares, issued for services

100,000

Stock issued during period, value, issued for services

$ 116,000

Non Employees [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock issued during period, shares, issued for services

825,000

366,624

Stock issued during period, value, issued for services

$ 1,106,000

$ 161,000

Employee and Director [Member] | Selling General and Administrative Expenses [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Employee benefits and share-based compensation

$ 9,566,000

$ 130,000

Number of common stock issued during period

80,000

Number of common stock issued exercise of warrants shares

403,029

Number of common stock exercise of warrants value

$ 232

Stock Incentive Plan 2012 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based compensation arrangement by share-based payment award, number of shares authorized

415,000

Amended And Restated Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based compensation arrangement by share-based payment award, number of shares authorized

3,000,000

1,335,000

3,000,000

Share-based compensation arrangement by share-based payment award, number of additional shares authorized

1,665,000

920,000

2016 Equity Incentive Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based compensation arrangement by share-based payment award, number of shares authorized

6,000,000

Share-based compensation arrangement by share-based payment award, number of additional shares authorized

18,000,000

Fair value stock price per share

$ 4.37

Aggregate fair value restricted stock

$ 8,740,000

2016 Equity Incentive Plan [Member] | Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based compensation arrangement by share-based payment award, number of shares authorized

2,000,000

Stock Incentive Plan and Stoc67

Stock Incentive Plan and Stock-Based Compensation - Schedule of Stock Incentive Plan and Stock-based Compensation (Details) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Number of Shares Non-vested, Beginning Balance		110,000
Number of Shares, Granted	3,051,000	255,000
Number of Shares, Vested	(2,051,000)	(309,500)
Number of Shares, Forfeited		(55,500)
Number of Shares Non-vested, Ending Balance	1,000,000
Weighted Average Grant Date Fair Value Non-vested, Beginning Balance		$ 1.42
Weighted Average Grant Date Fair Value, Granted	3.67	0.31
Weighted Average Grant Date Fair Value, Vested	4.33	0.53
Weighted Average Grant Date Fair Value, Forfeited		1.28
Weighted Average Grant Date Fair Value Non-vested, Ending Balance	$ 2.31

Stock Incentive Plan and Stoc68

Stock Incentive Plan and Stock-Based Compensation (Details) - Warrant [Member] - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Warrants outstanding beginning	6,620,825	1,020,825
Warrants outstanding Issued	460,000	5,600,000
Warrants outstanding Exercised	(6,980,825)
Warrants outstanding Expired
Warrants outstanding ending	100,000	6,620,825
Weighted average exercise price beginning	$ 1.11	$ 3.47
Weighted average exercise price Issued	3.31	0.25
Weighted average exercise price Exercised	(0.87)
Weighted average exercise price Expired
Weighted average exercise price ending	$ 3.75	$ 1.11

Stock Incentive Plan and Stoc69

Stock Incentive Plan and Stock-Based Compensation - Schedule of Stock Options Activity (Details) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Options Outstanding, Granted	3,051,000	255,000
Stock Option [Member]
Options Outstanding, Beginning Balance
Options Outstanding, Granted
Options Outstanding, Exercised	6,000,000
Options Outstanding, Forfeited/cancelled
Options Outstanding, Ending Balance	6,000,000
Options Exercisable, Ending Balance	500,000
Weighted Average Exercise Price Outstanding, Beginning Balance
Weighted Average Exercise Price Exercisable, Beginning Balance
Weighted Average Exercise Price Outstanding, Granted	0.71
Weighted Average Exercise Price Outstanding, Ending Balance	0.71
Weighted Average Exercise Price Exercisable, Ending Balance	$ 0.71

Stock Incentive Plan and Stoc70

Stock Incentive Plan and Stock-Based Compensation - Schedule of Stock Option Plans, by Exercise Price Range (Details) - Exercise Price Range [Member]	12 Months Ended
	Dec. 31, 2016$ / sharesshares
Options Outstanding, Exercise Price, Lower Range Limit	$ 0.25
Options Outstanding, Exercise Price, Upper Range Limit	$ 1
Options Outstanding, shares | shares	6,000,000
Options Outstanding, Weighted Average Remaining Contractual Life (in years)	4 years 10 months 17 days
Options Outstanding, Weighted Average Exercise Price	$ 0.71
Options Exercisable, shares | shares	500,000
Options Exercisable, Weighted Average Exercise Price	$ 0.71

Non-controlling Interest (Detai

Non-controlling Interest (Details Narrative) - J&S Gaming Inc [Member] $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)shares
Number of Stock purchase, shares | shares	450
Number of Stock purchase | $	$ 2
Equity ownership interest, percent	45.00%

Non-controlling Interest - Sche

Non-controlling Interest - Schedule of Non-controlling Interest (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Noncontrolling Interest [Line Items]
Non-controlling interest at begining	$ 5	$ 442
Non-controlling share of net loss	(319)	(341)
Transfers from non-controlling interest/Buy back	292	96
Non-controlling interest at end	(22)	5
MGT Gaming [Member]
Noncontrolling Interest [Line Items]
Non-controlling interest at begining	28	370
Non-controlling share of net loss	(319)	(342)
Transfers from non-controlling interest/Buy back	291
Non-controlling interest at end		28
FanTD [Member]
Noncontrolling Interest [Line Items]
Non-controlling interest at begining
Non-controlling share of net loss
Transfers from non-controlling interest/Buy back
Non-controlling interest at end
MGT Interactive [Member]
Noncontrolling Interest [Line Items]
Non-controlling interest at begining		92
Non-controlling share of net loss		4
Transfers from non-controlling interest/Buy back		(96)
Non-controlling interest at end	(22)
M2P Americas [Member]
Noncontrolling Interest [Line Items]
Non-controlling interest at begining	(23)	(20)
Non-controlling share of net loss		(3)
Transfers from non-controlling interest/Buy back	(1)
Non-controlling interest at end		$ (23)

Operating Leases, Commitments73

Operating Leases, Commitments and Security Deposit (Details Narrative) $ / shares in Units, $ in Thousands	Aug. 09, 2016USD ($)	Jul. 07, 2016USD ($)$ / sharesshares	Oct. 26, 2015USD ($)	Jul. 07, 2016$ / sharesshares	Aug. 31, 2014USD ($)	Dec. 31, 2016USD ($)Bitcoin	Dec. 31, 2015USD ($)
Operating Leases Commitments And Security Deposit [Line Items]
Operating leases, rent expense, net						$ 81	$ 77
Lease expiration date			Nov. 30, 2016
Monthly fee			$ 4
Refundable service retainer			6
Non refundable set up fee			$ 1
Litigation damages amount						$ 46,750
Bitmain Technologies Limited [Member]
Operating Leases Commitments And Security Deposit [Line Items]
Number of bitcoin mining machines purchased | Bitcoin						400
Purchase of assets						$ 630
Hash The Planet [Member]
Operating Leases Commitments And Security Deposit [Line Items]
Power supplies amount						53
Services cost						$ 136
Option Shares [Member] | Year One [Member]
Operating Leases Commitments And Security Deposit [Line Items]
Number of common stock purchase of warrants issued during period | shares				1,000,000
Warrant exercise price per shares | $ / shares		$ 0.25		$ 0.25
Option Shares [Member] | Year Two [Member]
Operating Leases Commitments And Security Deposit [Line Items]
Number of common stock purchase of warrants issued during period | shares		2,000,000
Warrant exercise price per shares | $ / shares		$ 0.50		0.50
Option Shares [Member] | Year Three [Member]
Operating Leases Commitments And Security Deposit [Line Items]
Number of common stock purchase of warrants issued during period | shares		3,000,000
Warrant exercise price per shares | $ / shares		$ 1		$ 1
Mr. Ladd [Member]
Operating Leases Commitments And Security Deposit [Line Items]
Officers' compensation		$ 240
Granted unregistered common stock | shares		2,000,000
Employment agreement description		Under the terms of the agreement, Mr. Ladd will, serve as President and Chief Operating Officer and for services rendered; Mr. Ladd shall receive a salary of $240 per year and is eligible for a cash and/or equity bonus as determined by the Nomination and Compensation Committee. Further, Mr. Ladd received 2,000,000 shares of the Company’s common stock, 1/3 of which shall vest within 12 months from the execution of the agreement, another 1/3 within 18 months, and the remaining 1/3 within 24 months from the execution of the agreement. Lastly, the agreement also provides for certain rights granted to Mr. Ladd in the event of his death, permanent incapacity, voluntary termination or discharge for cause.
Mr. McAfee [Member] | Unregistered Common Stock [Member]
Operating Leases Commitments And Security Deposit [Line Items]
Granted unregistered common stock | shares		6,000,000
Base annual salary per day		$ 1
Harrison [Member]
Operating Leases Commitments And Security Deposit [Line Items]
Lease term					1 year
Operating leases, rent expense, net					$ 73
Lease expiration date					Nov. 30, 2015
Refundable rental deposit					$ 39
Sublease Agreement [Member]
Operating Leases Commitments And Security Deposit [Line Items]
Lease expiration date	Jan. 31, 2020
Security deposit	$ 13
Sublease Agreement [Member] | First 12 Month Period [Member]
Operating Leases Commitments And Security Deposit [Line Items]
Monthly rent	6
Sublease Agreement [Member] | Second 12 Month Period [Member]
Operating Leases Commitments And Security Deposit [Line Items]
Monthly rent	7
Sublease Agreement [Member] | Third 12 Month Period [Member]
Operating Leases Commitments And Security Deposit [Line Items]
Monthly rent	7
Sublease Agreement [Member] | Remaining Months Until Expiration of Lease [Member]
Operating Leases Commitments And Security Deposit [Line Items]
Monthly rent	$ 7

Operating Leases, Commitments74

Operating Leases, Commitments and Security Deposit - Schedule of Future Minimum Rental Payments for Operating Leases (Details) $ in Thousands	Dec. 31, 2016USD ($)
Operating Leases Commitments And Security Deposit - Schedule Of Future Minimum Rental Payments For Operating Leases Details
2,017	$ 77
2,018	80
2,019	83
2,020	7
Operating lease, net	$ 247

Income Taxes (Details Narrative

Income Taxes (Details Narrative) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)
Income Tax Disclosure [Abstract]
Valuation allowance, deferred tax asset, increase (decrease), amount	$ 6,019

Income Taxes - Schedule of Defe

Income Taxes - Schedule of Deferred Tax Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
U.S. federal tax loss carry-forward	$ 14,632	$ 14,229
U.S. State tax loss carry-forward	1,505	1,137
U.S. federal capital loss carry-forward	188	188
Equity based compensation	3,965
Fixed assets, intangible assets and goodwill	821
Long-term investments	462
Total deferred tax assets	21,573	15,554
Less: valuation allowance	(21,573)	(15,554)
Net deferred tax asset

Income Taxes - Summary of Opera

Income Taxes - Summary of Operating Loss Carryforwards (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)
Federal Tax [Member]
Operating Loss Carryforwards	$ 43,588
Operating Loss Carry forwards Expiration Dates	Fiscal 2,023
Domestic Tax Authority [Member]
Operating Loss Carryforwards	$ 27,468
Operating Loss Carry forwards Expiration Dates	Fiscal 2,031
Federal Capital [Member]
Operating Loss Carryforwards	$ 553
Operating Loss Carry forwards Expiration Dates	Fiscal 2,015

Income Taxes - Schedule of Effe

Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Expected Federal Tax	(3400.00%)	(3400.00%)
State Tax (Net of Federal Benefit)	(548.00%)	(548.00%)
Other permanent differences	5.00%
Loss on extinguishment	27600.00%
Warrant modification	59.00%
Loss on conversion of note receivable	27.00%
Change in valuation allowance	3582.00%	3948.00%
Effective rate of income tax	0.00%	0.00%

Segment Reporting (Details Narr

Segment Reporting (Details Narrative)	12 Months Ended
	Dec. 31, 2016Segments
Segment Reporting [Abstract]
Number of operating segments	2

Segment Reporting - Schedule of

Segment Reporting - Schedule of Segment Reporting Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Segment Reporting Information [Line Items]
Revenue	$ 313	$ 104
Cost of revenue	(209)	(5)
Gross margin	104	99
Operating income (loss)	(20,236)	(3,194)
Cash and cash equivalents	345	359
Property and equipment	602	35
Intangible assets	468	730
Goodwill		1,496
Property and equipment, additions	695	38
Intangible assets, additions	495
Goodwill, additions		(4,948)
Property and equipment, disposals		35
Intangible assets, disposals	(678)
Goodwill Disposals, Disposals	(1,496)
Intellectual Property [Member]
Segment Reporting Information [Line Items]
Revenue		102
Cost of revenue		(5)
Gross margin		97
Operating income (loss)	(709)	(740)
Cash and cash equivalents
Property and equipment
Intangible assets		710
Goodwill
Property and equipment, additions
Intangible assets, additions
Goodwill, additions
Property and equipment, disposals
Intangible assets, disposals	(664)
Goodwill Disposals, Disposals
Gaming - Continuing Operations [Member]
Segment Reporting Information [Line Items]
Revenue		2
Cost of revenue
Gross margin		2
Operating income (loss)	(1,536)	(32)
Cash and cash equivalents
Property and equipment
Intangible assets		20
Goodwill		1,496
Property and equipment, additions
Intangible assets, additions
Goodwill, additions
Property and equipment, disposals
Intangible assets, disposals	(14)
Goodwill Disposals, Disposals	(1,496)
Unallocated Corporate Other [Member]
Segment Reporting Information [Line Items]
Revenue
Cost of revenue
Gross margin
Operating income (loss)	(18,095)	(2,422)
Cash and cash equivalents	345	359
Property and equipment	8	35
Intangible assets	468
Goodwill
Property and equipment, additions		38
Intangible assets, additions	495
Goodwill, additions
Property and equipment, disposals		35
Intangible assets, disposals
Goodwill Disposals, Disposals
Bitcoin Mining [Member]
Segment Reporting Information [Line Items]
Revenue	313
Cost of revenue	(209)
Gross margin	104
Operating income (loss)	104
Cash and cash equivalents
Property and equipment	594
Intangible assets
Goodwill
Property and equipment, additions	695
Intangible assets, additions
Property and equipment, disposals
Intangible assets, disposals
Goodwill Disposals, Disposals
Discontinued Operations [Member]
Segment Reporting Information [Line Items]
Revenue		640
Cost of revenue		(225)
Gross margin		415
Operating income (loss)		(1,068)
Cash and cash equivalents
Property and equipment
Intangible assets
Goodwill
Property and equipment, additions
Intangible assets, additions
Goodwill, additions
Property and equipment, disposals
Intangible assets, disposals
Goodwill Disposals, Disposals

Segment Reporting - Schedule 81

Segment Reporting - Schedule of Segment Reporting Information (Details) (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Sep. 30, 2015
Segment Reporting [Abstract]
Restricted cash and cash equivalents		$ 39	$ 39

Investments and Fair Value - Sc

Investments and Fair Value - Schedule of Fair Value of Liabilities Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Investments - FNCX Common Shares [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Investments	$ 44	$ 444
Investments - FNCX Common Shares [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Investments	44	444
Investments - FNCX Common Shares [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Investments
Investments - FNCX Common Shares [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Investments
Digital Currencies [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Investments	10
Digital Currencies [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Investments	10
Digital Currencies [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Investments
Digital Currencies [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Investments

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2016	Dec. 31, 2015
Accounts Payable	$ 66	$ 66	$ 63
Demonsaw LLC Membership Interest Purchase Agreement [Member] | March 3, 2017 [Member]
Equity ownership interest, percent	46.00%	46.00%
Unregistered shares of common stock		2,000,000
Future Tense Secure Systems, Inc [Member]
Equity ownership interest, percent	46.00%	46.00%
Consulting fees	$ 902
Payment for consulting fees	882
Accounts Payable	$ 20	$ 20
Janice Dyson [Member]
Equity ownership interest, percent	33.00%	33.00%

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	Mar. 14, 2017	Mar. 10, 2017	Oct. 10, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 22, 2015
Number of common stock shares issued during the period			136,304
Common stock, par value				$ 0.001	$ 0.001
Purchase price per share						$ 0.25
Debt converted into shares, value
Convertible principal amount				$ 45,000
Debt instrument accrued interest rate				5.00%
Debt instrument maturity date				Jul. 18, 2016
First Note [Member]
Warrant exercisable shares				400,000
Warrant exercisable price per share				$ 110
Debt converted into shares, value				$ 375,000
Securities Purchase Agreement [Member]
Common stock, par value				$ 0.001
Subsequent Event [Member] | Employees [Member]
Stock issued during period restricted shares				550,000
Subsequent Event [Member] | First Note [Member]
Warrant exercisable shares				400,000
Warrant exercisable price per share				$ 110
Gross proceeds				$ 375,000
Subsequent Event [Member] | L2 Collateralized Note [Member]
Convertible principal amount				$ 500,000
Variable conversion price percentage				65.00%
Legal fees				$ 393,000
Debt instrument accrued interest rate				10.00%
Original issuance of discount				$ 7,000
Debt instrument maturity date				Nov. 10, 2017
Subsequent Event [Member] | Series A Warrant [Member]
Warrant exercisable shares				1
Warrant term				3 years
Warrant exercisable price per share				$ 0.50
Subsequent Event [Member] | Series B Warrant [Member]
Warrant exercisable shares				1
Warrant term				3 years
Warrant exercisable price per share				$ 0.75
Subsequent Event [Member] | Series C Warrant [Member]
Warrant exercisable shares				1
Warrant term				3 years
Warrant exercisable price per share				$ 1
Subsequent Event [Member] | Securities Purchase Agreement [Member] | L2 Capital, LLC [Member]
Outstanding common stock	$ 5,000,000,000
Percentage of average daily trading value	150.00%
Number of common stock price per share percentage	90.00%
Subsequent Event [Member] | Securities Purchase Agreement [Member] | L2 Capital, LLC [Member] | Minimum [Member]
Purchase shares of common stock	$ 25,000
Subsequent Event [Member] | Securities Purchase Agreement [Member] | L2 Capital, LLC [Member] | Maximum [Member]
Purchase shares of common stock	$ 1,000,000,000
Subsequent Event [Member] | Securities Purchase Agreement [Member] | Commitment Note [Member] | L2 Capital, LLC [Member]
Issuance of convertible promisory note percentage				8.00%
Convertible principal amount				$ 160,000
Variable conversion price percentage				75.00%
Debt instrument maturity period				6 months
Subsequent Event [Member] | Securities Purchase Agreement [Member] | Convertible Notes [Member] | L2 Capital, LLC [Member]
Gross proceeds		$ 393,000
Issuance of convertible promisory note percentage		10.00%
Convertible principal amount		$ 1,000
Debt instrument original issue of discount percentage		20.00%
Legal fees		$ 7,000
Subsequent Event [Member] | Securities Purchase Agreement [Member] | First Note [Member] | L2 Capital, LLC [Member]
Convertible principal amount		$ 500,000
Variable conversion price percentage		65.00%
Debt instrument maturity period		6 months
Debt instrument accrued interest rate		10.00%
Subsequent Event [Member] | Securities Purchase Agreement [Member] | In February And March 2017 [Member] | 8% Convertible Notes [Member]
Debt converted into shares, value				$ 1,800,000
Debt converted into shares				1,900,000
Subsequent Event [Member] | Securities Purchase Agreement [Member] | Investor [Member] | In February And March 2017 [Member]
Number of common stock shares issued during the period				1,625,000
Subsequent Event [Member] | Securities Purchase Agreement [Member] | Investors [Member] | In February And March 2017 [Member]
Common stock, par value				$ 0.001
Purchase price per share				$ 0.40
Subsequent Event [Member] | Asset Purchase Agreement [Member]
Gross proceeds				$ 650,000