Fluent (FLNT) 10-Q 8 Aug 18 2018 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2018	Aug. 03, 2018
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q2
Trading Symbol	FLNT
Entity Registrant Name	FLUENT, INC.
Entity Central Index Key	1,460,329
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		75,289,624

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 10,068	$ 16,564
Accounts receivable, net of allowance for doubtful accounts of $1,475 and $1,624 at June 30, 2018 and December 31, 2017, respectively	37,978	36,278
Prepaid expenses and other current assets	1,840	1,865
Current assets of discontinued operations		2,274
Total current assets	49,886	56,981
Property and equipment, net	531	687
Intangible assets, net	68,728	74,354
Goodwill	159,791	159,791
Other non-current assets	556	1,097
Non-current assets of discontinued operations		24,089
Total assets	279,492	316,999
Current liabilities:
Trade accounts payable	11,994	10,666
Accrued expenses and other current liabilities	7,807	11,709
Deferred revenue	843	265
Current portion of long-term debt	6,829	2,750
Current liabilities of discontinued operations		7,389
Total current liabilities	27,473	32,779
Promissory notes payable to certain shareholders, net		10,837
Long-term debt, net	56,697	49,376
Total liabilities	84,170	92,992
Shareholders' equity:
Preferred stock—$0.0001 par value, 10,000,000 shares authorized; 0 shares issued and outstanding at June 30, 2018 and December 31, 2017
Common stock—$0.0005 par value, 200,000,000 shares authorized; 76,509,709 and 61,631,573 shares issued at June 30, 2018 and December 31, 2017, respectively; and 75,284,624 and 61,279,050 shares outstanding at June 30, 2018 and December 31, 2017, respectively	38	31
Treasury stock, at cost, 1,225,085 and 352,523 shares at June 30, 2018 and December 31, 2017, respectively	(3,253)	(1,274)
Additional paid-in capital	390,011	392,687
Accumulated deficit	(191,474)	(167,437)
Total shareholders’ equity	195,322	224,007
Total liabilities and shareholders’ equity	$ 279,492	$ 316,999

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Statement Of Financial Position [Abstract]
Allowance for doubtful accounts	$ 1,475	$ 1,624
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.0005	$ 0.0005
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	76,509,709	61,631,573
Common stock, shares outstanding	75,284,624	61,279,050
Treasury stock, shares	1,225,085	352,523

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Income Statement [Abstract]
Revenue		$ 56,935	$ 51,031	$ 112,924	$ 100,225
Costs and expenses:
Cost of revenue (exclusive of depreciation and amortization)		33,893	34,781	69,556	68,578
Sales and marketing expenses		3,678	4,678	7,684	8,373
General and administrative expenses		11,448	14,169	19,893	26,645
Depreciation and amortization		3,338	3,234	6,669	6,439
Write-off of long-lived assets					3,626
Spin-off transaction costs				7,708
Total costs and expenses		52,357	56,862	111,510	113,661
Income (loss) from operations		4,578	(5,831)	1,414	(13,436)
Interest expense, net		(1,933)	(2,445)	(4,327)	(4,672)
Income (loss) before income taxes from continuing operations		2,645	(8,276)	(2,913)	(18,108)
Net income (loss) from continuing operations		2,645	(8,276)	(2,913)	(18,108)
Discontinued operations:
Loss from operations of discontinued operations, net of $0 income taxes			(12,133)	(2,084)	(15,026)
Loss on disposal of discontinued operations, net of $0 income taxes				(19,040)
Net loss from discontinued operations			(12,133)	(21,124)	(15,026)
Net income (loss)		$ 2,645	$ (20,409)	$ (24,037)	$ (33,134)
Basic earnings (loss) per share:
Basic income (loss) per share, Continuing operations	[1]	$ 0.04	$ (0.15)	$ (0.04)	$ (0.33)
Basic income (loss) per share, Discontinued operations	[1]		(0.22)	(0.30)	(0.28)
Total Net income (loss), Basic	[1]	0.04	(0.37)	(0.34)	(0.61)
Diluted earnings (loss) per share:
Diluted income (loss) per share, Continuing operations	[1]	0.03	(0.15)	(0.04)	(0.33)
Diluted income (loss) per share, Discontinued operations	[1]		(0.22)	(0.30)	(0.28)
Total Net income (loss), Diluted	[1]	$ 0.03	$ (0.37)	$ (0.34)	$ (0.61)
Weighted average number of shares outstanding:
Basic		75,282,042	54,778,046	71,318,930	54,297,536
Diluted		78,196,959	54,778,046	71,318,930	54,297,536
[1]	Earnings (loss) per share tables may contain summation differences due to rounding.

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Income Statement [Abstract]
Discontinued Operation Tax Effect Of Discontinued Operation	$ 0	$ 0	$ 0	$ 0
Discontinued Operation Tax Effect Of Income Loss From Disposal Of Discontinued Operation	$ 0	$ 0	$ 0	$ 0

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Changes in Shareholders' Equity - 6 months ended Jun. 30, 2018 - USD ($) $ in Thousands	Total	Certain Investors [Member]	Common Stock [Member]	Common Stock [Member]Certain Investors [Member]	Treasury Stock [Member]	Additional Paid-in Capital [Member]	Additional Paid-in Capital [Member]Certain Investors [Member]	Accumulated Deficit [Member]
Beginning balance at Dec. 31, 2017	$ 224,007		$ 31		$ (1,274)	$ 392,687		$ (167,437)
Beginning balance, shares at Dec. 31, 2017			61,631,573		352,523
Issuance of common stock upon a direct offering to certain investors, net of issuance costs of $108		$ 13,392		$ 1			$ 13,391
Issuance of common stock upon a direct offering to certain investors, net of issuance costs of $108, shares				2,700,000
Vesting of restricted stock units and issuance of restricted stock			$ 6			(6)
Vesting of restricted stock units and issuance of restricted stock, shares			12,178,136
Increase in treasury stock resulting from shares withheld to pay statutory taxes in connection with the vesting of restricted stock units	1,979				$ 1,979
Increase in treasury stock resulting from shares withheld to pay statutory taxes in connection with the vesting of restricted stock units, shares					872,562
Share-based compensation	25,439					25,439
Net loss	(24,037)							(24,037)
Spin-off of red violet	(41,500)					(41,500)
Ending balance at Jun. 30, 2018	$ 195,322		$ 38		$ (3,253)	$ 390,011		$ (191,474)
Ending balance, shares at Jun. 30, 2018			76,509,709		1,225,085

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Changes in Shareholders' Equity (Parenthetical) $ in Thousands	6 Months Ended
	Jun. 30, 2018USD ($)
Certain Investors [Member]
Issuance costs	$ 108

Condensed Consolidated Stateme8

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (24,037)	$ (33,134)
Net loss from discontinued operations	21,124	15,026
Adjustments to reconcile net loss from continuing operations to net cash provided by operating activities:
Depreciation and amortization	6,669	6,439
Non-cash interest expense and related amortization	1,079	1,497
Share-based compensation expense	9,262	14,948
Write-off of long-lived assets		3,626
Provision for bad debts	93	945
Allocation of expenses to red violet	(325)	(1,888)
Changes in assets and liabilities:
Accounts receivable	(1,793)	(2,187)
Prepaid expenses and other current assets	(173)	(860)
Other non-current assets	541
Trade accounts payable	1,328	398
Accrued expenses and other current liabilities	(3,902)	953
Deferred revenue	578	820
Net cash provided by operating activities from continuing operations	10,444	6,583
Net cash used in operating activities from discontinued operations	(5,835)	(3,836)
Net cash provided by operating activities	4,609	2,747
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment	(92)	(148)
Capitalized costs included in intangible assets	(512)	(550)
Capital contributed to red violet	(19,728)
Net cash used in investing activities from continuing operations	(20,332)	(698)
Net cash used in investing activities from discontinued operations	(1,386)	(3,570)
Net cash used in investing activities	(21,718)	(4,268)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of shares, net of issuance costs	13,392
Proceeds from debt obligations, net of debt costs	67,182	14,039
Repayments of long-term debt	(67,982)	(2,636)
Taxes paid related to net share settlement of vesting of restricted stock units	(1,979)	(723)
Net cash provided by financing activities from continuing operations	10,613	10,680
Net (decrease) increase in cash and cash equivalents	(6,496)	9,159
Cash and cash equivalents at beginning of period	16,564	10,089
Cash and cash equivalents at end of period	10,068	19,248
SUPPLEMENTAL DISCLOSURE INFORMATION
Cash paid for interest	3,342	3,195
Share-based compensation capitalized in intangible assets	$ 283	$ 188

Summary of significant accounti

Summary of significant accounting policies	6 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Summary of significant accounting policies	1. Summary of significant accounting policies (a) Basis of preparation and liquidity The accompanying unaudited condensed consolidated financial statements have been prepared by Fluent, Inc., formerly known as Cogint, Inc., a Delaware corporation, in accordance with accounting principles generally accepted in the United States (“US GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (the “SEC”) regarding interim financial reporting. Certain information and note disclosures normally included in annual financial statements prepared in accordance with US GAAP have been condensed or omitted pursuant to those rules and regulations. The accompanying unaudited condensed consolidated financial statements reflect all normal recurring adjustments necessary to present fairly the financial position, results of operations, and cash flows for the interim periods, but are not necessarily indicative of the results of operations to be anticipated for any future interim periods or for the full year ending December 31, 2018. The information included in this quarterly report on Form 10-Q should be read in conjunction with the consolidated financial statements and accompanying notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017 (“2017 Form 10-K”) filed with the SEC on March 14, 2018. The condensed consolidated balance sheet as of December 31, 2017 included herein was derived from the audited financial statements as of that date included in the 2017 Form 10-K but does not include all disclosures required by US GAAP. Principles of consolidation The condensed consolidated financial statements include the financial statements of the Company and its subsidiaries. All significant transactions among the Company and its subsidiaries have been eliminated upon consolidation. Spin-off of red violet On March 26, 2018, Fluent completed the previously announced spin-off (the “Spin-off”) of its risk management business from its digital marketing business by way of a distribution of all the shares of common stock of Fluent’s wholly-owned subsidiary, Red Violet, Inc. (“red violet”), to Fluent’s stockholders of record as of March 19, 2018 (the “Record Date”) and certain warrant holders. The distribution occurred by way of a pro rata stock distribution to such common stock and warrant holders, each of whom received one share of red violet’s common stock for every 7.5 shares of Fluent’s common stock held on the Record Date or to which they were entitled to under their warrants. Following the Spin-off of red violet, Fluent common stock continued trading on The NASDAQ Stock Market (“NASDAQ”), and red violet became an independent public company, also listed on NASDAQ. red violet owns all of the Fluent subsidiaries that operate the Company’s former risk manag e ment business. In accordance with Accounting Standards Codification (“ASC”) 205-20, “ Discontinued Operations ,” Reclassifications Certain amounts in the prior year’s condensed consolidated financial statements and related footnotes thereto have been reclassified to conform with the current year presentation as a result of the Spin-off of red violet. See Note 3, “Discontinued operations,” for details. In addition, the Company has reclassified condensed (b) Recently issued and adopted accounting standards In May 2014, Financial Accounting Standards Board (“FASB”) issued ASU No. 2014-09 (“ASU 2014-09”), “ Revenue from Contracts with Customers (Topic 606) In February 2016, FASB issued ASU No. 2016-02 (“ASU 2016-02”), “ Leases (Topic 842)” and additional changes, modifications, clarifications or interpretations thereafter Upon adoption of this standard, the Company expects to recognize, on a discounted basis, its minimum commitments under noncancelable operating leases on the consolidated balance sheets, resulting in the recording of right-of-use assets and lease obligations. The Company is currently evaluating whether there may be additional impact this guidance will have on its condensed consolidated financial statements. In August 2016, FASB issued ASU No. 2016-15 (“ASU 2016-15”), “ Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In March 2018, the FASB issued ASU No. 2018-05 (“ASU 2018-05”), Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 118. ASU 2018-05 formally amended ASC Topic 740, Income Taxes (“ASC 740”), for the guidance previously provided by SEC Staff Accounting Bulletin No. 118 (“SAB 118”), which provides guidance for the application of ASC 740 in the reporting period in which the tax reform legislation commonly known as the Tax Cuts and Jobs Act of 2017 (the “Tax Act”) was signed into law. The Company adopted SAB 118 in the fourth quarter of 2017 and therefore, the Company’s subsequent adoption of ASU 2018-05 in the first quarter of 2018 had no impact on its accounting for income taxes in the first quarter of 2018. Additional information regarding the accounting for income taxes for the Tax Act is contained in Note 7, “ Income Taxes.” In June 2018, the FASB issued ASU 2018-07 (“ASU 2018-07”), Compensation—Stock Compensation (Topic 718): Improvements to Nonemployees Share-Based Payment Accounting, (c) Revenue recognition On January 1, 2018, the Company adopted Topic 606 using the modified retrospective method applied to all contracts that are not completed contracts at the date of initial application. There was no impact on the opening balance of accumulated deficit on the condensed consolidated balance sheet and statement of changes in shareholders’ equity as of January 1, 2018 due to the adoption of Topic 606. Revenue is recognized when control of goods or services is transferred to customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. The Company’s performance obligation is typically to (a) deliver data records, based on predefined qualifying characteristics specified by the customer or (b) generate conversions, based on predefined user actions (for example, a click, a registration, the installation of an app or the printing of a coupon) and subject to certain qualifying characteristics specified by the customer. The Company has applied the portfolio approach practical expedient in accounting for customer revenue as one collective group, rather than individual contracts. Based on historical knowledge of the contracts contained in this portfolio and the similar nature and characteristics of the customers, the Company has concluded the financial statement effects are not materially different than if accounting for revenue on a contract by contract basis. Revenue is recognized upon satisfaction of the performance obligation. The Company’s customers simultaneously receive and consume the benefits provided by the performance as the Company performs. Furthermore, the Company elected the “right to invoice” practical expedient available within ASC 606-10-55-18 as the measure of progress, since the Company has a right to payment from a customer in an amount that corresponds directly with the value of the performance completed to-date. The Company's revenue arrangements do not contain significant financing components. If a customer pays consideration before the Company’s performance obligations are satisfied, those amounts are classified as deferred revenue. As of June 30, 2018 and December 31, 2017, the balance of deferred revenue was $843 and $265, respectively. The deferred revenue balance as of December 31, 2017 had been fully recognized into revenue during the first quarter of 2018. If there is a delay between the period in which revenue is recognized and when customer invoices are issued, revenue is recognized and related amounts are recorded as unbilled revenue in accounts receivable. As of June 30, 2018 and December 31, 2017, unbilled revenue included in accounts receivable totaled $19,643 and $16,238, respectively. Sales commissions are recorded at the time revenue is recognized and recorded in sales and marketing expenses. In addition, the Company elected the practical expedient to not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts for which revenue is recognized at the amount to which the Company has the right to invoice for services performed.

Earnings (Loss) per share

Earnings (Loss) per share	6 Months Ended
	Jun. 30, 2018
Earnings Per Share [Abstract]
Earnings (Loss) per share	2. Earnings (Loss) per share Basic earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares outstanding during the periods. Diluted earnings (loss) per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock and is calculated using the treasury stock method for stock options, restricted stock units (“RSUs”) and deferred common stock. Common equivalent shares are excluded from the calculation in loss periods, as their effects would be anti-dilutive. The information related to basic and diluted earnings (loss) per share for the three and six months ended June 30, 2018 and 2017 is as follows: Three Months Ended June 30, Six Months Ended June 30, (In thousands, except share data) 2018 2017 2018 2017 Numerator: Net income (loss) from continuing operations $ 2,645 $ (8,276 ) $ (2,913 ) $ (18,108 ) Net loss from discontinued operations - (12,133 ) (21,124 ) (15,026 ) Net income (loss) $ 2,645 $ (20,409 ) $ (24,037 ) $ (33,134 ) Denominator: Weighted average number of shares outstanding: Basic 75,282,042 54,778,046 71,318,930 54,297,536 Diluted 78,196,959 54,778,046 71,318,930 54,297,536 Basic earnings (loss) per share: (1) Continuing operations $ 0.04 $ (0.15 ) $ (0.04 ) $ (0.33 ) Discontinued operations $ - $ (0.22 ) $ (0.30 ) $ (0.28 ) Net income (loss) $ 0.04 $ (0.37 ) $ (0.34 ) $ (0.61 ) Diluted earnings (loss) per share: (1) Continuing operations $ 0.03 $ (0.15 ) $ (0.04 ) $ (0.33 ) Discontinued operations $ - $ (0.22 ) $ (0.30 ) $ (0.28 ) Net income (loss) $ 0.03 $ (0.37 ) $ (0.34 ) $ (0.61 ) (1) The following potential shares of common stock were excluded from the calculation of diluted earnings (loss) per share because their effect would have been anti-dilutive for the periods presented: Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Restricted stock units 3,750,003 16,529,848 6,664,920 16,529,848 Warrants 2,623,776 2,220,102 2,623,776 2,220,102 Stock options 137,000 220,000 137,000 220,000 Total anti-dilutive securities 6,510,779 18,969,950 9,425,696 18,969,950

Discontinued operations

Discontinued operations	6 Months Ended
	Jun. 30, 2018
Discontinued Operations And Disposal Groups [Abstract]
Discontinued operations	3. Discontinued operations As discussed in Note 1(a), “Spin-off of red violet,” on March 26, 2018, the Company completed the Spin-off of red violet. The results of red violet are reflected in Fluent’s condensed consolidated financial statements as discontinued operations and, therefore, are presented as assets and liabilities of discontinued operations on the condensed consolidated balance sheet, loss from discontinued operations on the condensed consolidated statements of operations and cash activity from discontinued operations on the condensed consolidated statements of cash flows. As a result of the Spin-off on March 26, 2018, the Company’s additional paid-in capital was decreased by the net assets of red violet of $41,500, as of the effective date of the Spin-off. The following financial information presents the results of operations of red violet for the three and six months ended June 30, 2018 and 2017: Three Months Ended June 30, Six Months Ended June 30, (In thousands) 2018 2017 2018 2017 Major classes of line items constituting loss from discontinued operations: Revenue - $ 1,993 $ 3,325 $ 3,565 Cost of revenue (exclusive of depreciation and amortization) - 1,843 2,017 3,244 Sales and marketing expenses - 1,165 1,089 1,983 General and administrative expenses - 10,898 1,852 12,928 Depreciation and amortization - 220 451 436 Loss from operations of discontinued operations, net of $0 income taxes - (12,133 ) (2,084 ) (15,026 ) Loss on disposal of discontinued operations, net of $0 income taxes - - (19,040 ) - Net loss from discontinued operations $ - $ (12,133 ) $ (21,124 ) $ (15,026 ) Included in the net loss from discontinued operations is a loss on disposal of discontinued operations of $19,040 for the six months ended June 30, 2018, as presented below. Among the total loss on disposal of discontinued operations, an aggregate of $16,030 were non-cash charges. Three Months Ended Six Months Ended (In thousands) June 30, 2018 June 30, 2018 Share-based compensation expense (1) $ - $ 15,548 Write-off of unamortized debt costs (2) - 284 Write-off of certain prepaid expenses - 198 Spin-off related professional fees - 2,012 Spin-off related employee compensation - 998 Loss on disposal of discontinued operations $ - $ 19,040 (1) As discussed and defined in Note 9, “Share-based compensation,” share-based compensation expense represents non-cash expense in connection with the Acceleration of certain outstanding stock options, RSUs and restricted stock and additional Spin-off Grants, in connection with the Spin-off. (2) As discussed in Note 6, “Long-term debt, net,” in connection with the Spin-off, the Company repaid the promissory notes to certain shareholders, which resulted in a write-off of unamortized debt costs of $284. In addition, during the first quarter of 2018, in connection with the Spin-off of red violet, an aggregate of $7,708 was recognized in costs and expenses from continuing operations as spin-off transaction costs, including non-cash share-based compensation expense of $5,409 as a result of 2,041,000 shares of Transaction Grants (as defined in Note 9, “Share-based compensation”), and employee compensation of $2,299 in cash. The Company also reclassified carrying amounts of assets and liabilities of red violet into corresponding assets and liabilities of discontinued operation as of December 31, 2017. A reconciliation is shown below: (In thousands) December 31, 2017 Carrying amounts of the major classes of assets included in discontinued operations: Cash and cash equivalents $ 65 Accounts receivable 1,650 Prepaid expenses and other current assets 559 Current assets of discontinued operations 2,274 Property and equipment, net 1,091 Intangible assets, net 15,353 Goodwill 6,465 Other non-current assets 1,180 Non-current assets of discontinued operations 24,089 Total assets of discontinued operations $ 26,363 Carrying amounts of the major classes of liabilities included in discontinued operations: Trade accounts payable $ 919 Accrued expenses and other current liabilities 6,437 Deferred revenue 33 Total liabilities of discontinued operations $ 7,389

Intangible assets, net

Intangible assets, net	6 Months Ended
	Jun. 30, 2018
Goodwill And Intangible Assets Disclosure [Abstract]
Intangible assets, net	4. Intangible assets, net Intangible assets other than goodwill consist of the following: (In thousands) Amortization period June 30, 2018 December 31, 2017 Gross amount: Software developed for internal use 3 years $ 3,737 $ 2,972 Acquired proprietary technology 5 years 11,416 11,382 Customer relationships 7-10 years 34,986 34,986 Trade names 20 years 16,357 16,357 Domain names 20 years 191 191 Databases 5-10 years 31,292 31,292 Non-competition agreements 2-5 years 1,768 1,768 Total gross amount 99,747 98,948 Accumulated amortization: Software developed for internal use (826 ) (490 ) Acquired proprietary technology (5,837 ) (4,693 ) Customer relationships (12,023 ) (9,628 ) Trade names (2,095 ) (1,686 ) Domain names (24 ) (20 ) Databases (8,768 ) (6,964 ) Non-competition agreements (1,446 ) (1,113 ) Total accumulated amortization (31,019 ) (24,594 ) Net intangible assets: Software developed for internal use 2,911 2,482 Acquired proprietary technology 5,579 6,689 Customer relationships 22,963 25,358 Trade names 14,262 14,671 Domain names 167 171 Databases 22,524 24,328 Non-competition agreements 322 655 Total net intangible assets $ 68,728 $ 74,354 The gross amount associated with software developed for internal use primarily represents capitalized costs of internally developed software. The amounts relating to acquired proprietary technology, customer relationships, trade names, domain names, databases and non-competition agreements primarily represent the fair values of intangible assets acquired as a result of the acquisition of Fluent, LLC (“Fluent LLC”) effective on December 8, 2015 (the “Fluent LLC Acquisition”) and the acquisition of Q Interactive, LLC (“Q Interactive”) effective on June 8, 2016 (the “Q Interactive Acquisition”). On January 18, 2017, the Company’s management and Board of Directors approved a plan to merge and fully integrate Q Interactive’s business into Fluent LLC (the “Q Interactive Integration”). As a result, the remaining balance of long-lived assets of $3,626, relating primarily to the acquired proprietary technology and trade names acquired in the Q Interactive Acquisition, was written off to costs and expenses as a write-off of long-lived assets during the first quarter of 2017. Amortization expense of $3,213 and $3,147 for the three months ended and $6,421 and $6,258 for the six months ended June 30, 2018 and 2017, respectively, were included in depreciation and amortization expenses. As of June 30, 2018, intangible assets with the carrying amount of $1,655, included in the gross amount of software developed for internal use, have not started amortization, as they are not ready for their intended use. As of June 30, 2018, estimated amortization expenses related to the Company’s intangible assets for the remainder of 2018 through 2023 and thereafter are as follows: (In thousands) Year June 30, 2018 Remainder of 2018 $ 6,450 2019 12,901 2020 12,246 2021 9,199 2022 7,877 2023 and thereafter 20,055 Total $ 68,728

Goodwill

Goodwill	6 Months Ended
	Jun. 30, 2018
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill	5. Goodwill Goodwill represents the cost in excess of the fair value of the net assets acquired in a business combination. Prior to the Spin-off of red violet, the total balance of goodwill was $166,256, as a result of the acquisitions of Interactive Data, LLC, Fluent LLC and Q Interactive. In connection with the Spin-off of red violet, goodwill of $6,465 was derecognized, based on the relative fair value of red violet’s portion of the Information Services reporting unit as compared to the total estimated fair value of the Information Services reporting unit. As of December 31, 2017, the amount was reclassified into non-current assets of discontinued operations in the condensed consolidated balance sheet. In accordance with ASC Topic 350, “Intangibles - Goodwill and Other,” For the six months ended June 30, 2018, there are no events or changes in circumstances to indicate that goodwill is impaired.

Long-term debt, net

Long-term debt, net	6 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Long-term debt, net	6. Long-term debt, net Long-term debt, net, as of June 30, 2018, consists of the following: 7% refinanced term loan, (In thousands) due 2023 Principal amount $ 69,125 Less: unamortized debt issuance costs (5,599 ) Long-term debt, net 63,526 Less: Current portion of long-term debt (6,829 ) Long-term debt, net (non-current) $ 56,697 Long-term debt, net, including promissory notes payable to certain shareholders, net, as of December 31, 2017, consists of the following: 12% term loan, 12% incremental term loan, 10% promissory notes, (In thousands) due 2020 due 2020 due 2021 Total Principal amount $ 40,688 $ 14,312 $ 10,000 $ 65,000 Less: unamortized debt issuance costs (2,753 ) (672 ) (312 ) (3,737 ) Add: PIK interest accrued to the principal balance 542 9 1,149 1,700 Long-term debt, net 38,477 13,649 10,837 62,963 Less: Current portion of long-term debt (2,062 ) (688 ) - (2,750 ) Long-term debt, net (non-current) $ 36,415 $ 12,961 $ 10,837 $ 60,213 Term Loans On December 8, 2015, Fluent LLC entered into an agreement (“Credit Agreement”) with certain financial institutions and the administrative agent (collectively, “Whitehorse”), for a term loan in the amount of $45.0 million (“Term Loan”). The Credit Agreement provides for certain customary mandatory prepayments upon certain events as well as certain prepayment premiums during the first four years of the Term Loan, provided that the prepayment premiums are not applicable to scheduled payments of principal, the required excess cash flow payments (as defined in the Credit Agreement) and certain other required prepayments. On January 19, 2017, Fluent LLC entered into the Amendment No. 3 to Credit Agreement (“Amendment No. 3”), amending Fluent LLC's Term Loan facility dated December 8, 2015. Amendment No. 3, among other things, provided for a new term loan in the principal amount of $15,000 ("Incremental Term Loan"), subject to the terms and conditions of Amendment No. 3, and modified certain other Credit Agreement provisions, including certain financial covenants and related definitions. The entire Incremental Term Loan of $14,039, net of debt issuance costs of $961, was received on February 1, 2017. The Term Loan and Incremental Term Loan (collectively, the "Term Loans") were guaranteed by the Company and all of its direct and indirect subsidiaries and were secured by substantially all of the assets of the Company and its direct and indirect subsidiaries, including Fluent LLC, in each case, on an equal and ratable basis. The Term Loans accrued interest at the rate of: (a) either, at Fluent's option, LIBOR (subject to a floor of 0.50%) plus 10.5% per annum, or base rate plus 9.5% per annum, payable in cash, plus (b) 1% per annum, payable, at Fluent's option, in either cash or in-kind. Payments of principal on the Term Loans were $688 per quarter, payable at the end of each calendar quarter, commencing on March 31, 2017. The Term Loans were scheduled to mature on December 8, 2020. On March 26, 2018, the remaining principal amount of the Term Loans was prepaid through the Refinancing, as defined below, in connection with the Spin-off of red violet. Promissory Notes On December 8, 2015, the Company entered into and consummated the promissory notes financing (the “Promissory Notes”) with each of Frost Gamma Investment Trust (“Frost Gamma”), an affiliate of Phillip Frost, M.D., the Vice Chairman of the Company’s Board of Directors prior to the Spin-off, Michael Brauser, the then Executive Chairman of the Board of Directors, and another investor, pursuant to which the Company issued Promissory Notes of $5.0 million to Frost Gamma, $4.0 million to Michael Brauser, and $1.0 million to another investor, for an aggregate financing in the amount of $10.0 million. The Promissory Notes carried an interest rate of 10% per annum, which interest was capitalized monthly and added to the outstanding principal amount of such Promissory Notes. Under the terms of the Promissory Notes, the Company was required to repay the principal and all accrued interest six months after the repayment of all amounts due under the Credit Agreement, except that the Company had the option to repay the Promissory Notes earlier from the proceeds of a public equity financing. During the first quarter of 2017, the Company decided to make a cash payment of accrued paid-in-kind (“PIK”) interest of $533, $426, and $107 to Frost Gamma, Michael Brauser and another investor, respectively. The net balance of Promissory Notes was presented as promissory notes payable to certain shareholders, net, in the condensed consolidated balance sheet as of December 31, 2017. On March 26, 2018, the remaining principal amount plus PIK interest of the Promissory Notes was fully repaid through the Refinancing, as discussed below, in connection with the Spin-off of red violet. The unamortized debt costs of $284 pertaining to the Promissory Notes as of March 26, 2018 was written off into loss on disposal of discontinued operations. See Refinanced Term Loan In connection with the Spin-off of red violet, Fluent LLC refinanced and fully repaid the Term Loans and Promissory Notes with a new term loan in the amount of $70.0 million (“Refinanced Term Loan”), pursuant to a Limited Consent and Amendment No. 6 to the Credit Agreement effective on March 26, 2018 (the “Amendment No. 6”) (the “Refinancing”). The Refinanced Term Loan is guaranteed by the Company and its direct and indirect subsidiaries, and secured by substantially all of the assets of the Company and its direct and indirect subsidiaries, including Fluent LLC, in each case, on an equal and ratable basis. accrues interest at the rate of: (a) either, at Fluent’s option, LIBOR (subject to a floor of 0.50%) plus 7.00% per annum, or (b) base rate plus 6.0% per annum, payable in cash. Scheduled principal amortization of the Refinanced Term Loan is $875 per quarter commencing with the fiscal quarter ended June 30, 2018. The Refinanced Term Loan matures on March 26, 2023. On March 26, 2018, the Refinanced Term Loan was utilized to pay in full the outstanding principal amount in addition to PIK interest accrued to the principal balance, of the Term Loans and Promissory Notes of $55,586 and $11,425, respectively. Prepayment premiums and unamortized debt costs associated with the Term Loans of $2,818 and $3,136, respectively, were capitalized in the balance of the Refinanced Term Loan, which will be amortized over the remaining period of the Refinanced Term Loan. In addition, refinancing costs paid to third parties of $193 were recognized into loss on disposal of discontinued operations. See Note 3, “Discontinued operations,” for details. The Credit Agreement, as amended, requires the Company to maintain and comply with certain financial and other covenants, commencing with the fiscal quarter ended June 30, 2018. In addition, the Credit Agreement includes certain mandatory prepayment provisions, including quarterly principal prepayments of the Refinanced Term Loan with a portion of the Company’s excess cash flow, as defined in the Credit Agreement. For the three months ended June 30, 2018, a quarterly prepayment resulting from excess cash flow of $3,329 was recorded to the current portion of long-term debt to be paid during the third quarter. As long as the Refinanced Term Loan remains outstanding, the restrictive covenants, including prepayment penalties, and mandatory quarterly prepayment provisions could impair the Company’s ability to expand or pursue its business strategies or obtain additional funding. As of June 30, 2018, the Company was in compliance with all of the financial and other covenants under the Credit Agreement . Maturities Including the required principal prepayment on the Refinanced Term Loan based on a portion of the Company’s quarterly excess cash flow of $3,329 for the second quarter of 2018 and excluding potential future additional principal prepayments, scheduled future maturities of total debt as of June 30, 2018 were as follows: (In thousands) Year Remainder of 2018 $ 5,079 2019 3,500 2020 3,500 2021 3,500 2022 3,500 2023 and thereafter 50,046 Total maturities $ 69,125 Fair value The Refinanced Term Loan accrues interest at the rate of: (a) either, at Fluent’s option, LIBOR (subject to a floor of 0.50%) plus 7.00% per annum, or (b) base rate plus 6.0% per annum, payable in cash. Considering the Refinanced Term Loan was effective on March 26, 2018 and has a variable interest rate, we regard the fair value of the long-term debt to approximate its carrying amount as of June 30, 2018. This fair value assessment represents Level 2 measurements.

Income taxes

Income taxes	6 Months Ended
	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Income taxes	7. Income taxes The Company is subject to federal and state income taxes in the United States. The tax provision for interim periods is determined using an estimate of the Company’s annual effective tax rate. The Company updates its estimated annual effective tax rate on a quarterly basis and, if the estimate changes, makes a cumulative adjustment. The Company recorded a full valuation allowance against net deferred tax assets as of June 30, 2018 and December 31, 2017 and intends to continue maintaining a full valuation allowance on these net deferred tax assets until there is sufficient evidence to support the reversal of all or some portion of these allowances. Based on current income (loss) from continuing operations and anticipated future earnings, the Company believes that there is a reasonable possibility that within the next 12 months sufficient positive evidence may become available to allow a conclusion to be reached that a significant portion, if not all, of the valuation allowance will no longer be needed. Release of some or all of the valuation allowance would result in the recognition of certain deferred tax assets and an increase in deferred tax benefit for the period any such release may be recorded, however, the exact timing and amount of any valuation allowance release are subject to change, depending upon the level of profitability that the Company is able to achieve and the net deferred tax assets available. The Company’s effective income tax rate differed from the statutory federal income tax rate of 21% for the three and six months ended June 30, 2018 and 34% for the three and six months ended June 30, 2017. For the three and six months ended June 30, 2018 and 2017, the Company’s effective income tax rate was 0%, with such differences resulting from the full valuation allowance applied against the Company’s deferred tax assets. December 22, 2017, the United States enacted tax reform legislation through the Tax Cuts and Jobs Act, which significantly changed the pre-existing U.S. tax laws. The Tax Act includes a reduction in the U.S. corporate tax rate from 34% to 21%, among other changes. In response to the Tax Act, the SEC staff issued Staff Accounting Bulletin No. 118, which allows registrants to record provisional amounts during a measurement period, not to extend beyond one year. Pursuant to SAB 118, the Company will complete the accounting for the tax effects of all of the provisions of the Tax Act within the required measurement period, not to extend beyond one year from the enactment date. As a result of the full valuation allowance at June 30, 2018 and December 31, 2017, the Tax Act did not have any material impact on the Company’s condensed consolidated financial statements. There have been no changes in estimates or additional guidance issued during the six months ended June 30, 2018 which would change the Company’s assessment of the tax impacts recorded as of the year ended December 31, 2017. The Company is still analyzing both the Federal and state impacts of the Tax Act, as additional future guidance is issued and newly obtained information is made available. Any revisions to the initial estimates will be applied in accordance with the measurement period guidance as outlined in SAB 118. The Company assesses its income tax positions and records tax benefits for all years subject to examination based upon its evaluation of the facts, circumstances and information available at the reporting dates. For those tax positions where it is more-likely-than-not that a tax benefit will be sustained, the Company has recorded the largest amount of tax benefit with a greater than 50% likelihood of being realized upon ultimate settlement with a taxing authority that has full knowledge of all relevant information. For those income tax positions where it is not more-likely-than-not that a tax benefit will be sustained, no tax benefit has been recognized in the Company’s financial statements. The balance of unrecognized tax benefits as of June 30, 2018 and December 31, 2017 was $1,079 and $1,134, respectively. The decrease in the balance since year-end is due to a decrease in the Company’s effective state tax rate for the year as a result of the Spin-off of red violet, which reduced the Company’s state tax footprint. In the Company’s tax return filed for the year ended December 31, 2015, a loss of $4,375, resulting from the disposal of all assets and liabilities related to the Company’s former Chinese and British Virgin Islands based subsidiaries was included for that fiscal year. This uncertain tax position is reflected as a reduction in deferred tax assets. Based on management’s assessment, no tax benefit has been recognized for this loss. This unrecognized tax benefit, if recognized, would favorably affect the Company’s annual effective tax rate before application of any valuation allowance. The Company has not accrued any interest or penalties as of June 30, 2018 with respect to its uncertain tax positions. The Company does not anticipate a significant increase or reduction in unrecognized tax benefits within the next twelve months.

Common stock, treasury stock an

Common stock, treasury stock and warrants	6 Months Ended
	Jun. 30, 2018
Equity [Abstract]
Common stock, treasury stock and warrants	8. Common stock, treasury stock and warrants Common stock As of June 30, 2018 and December 31, 2017, the number of issued shares of common stock was 76,509,709 and 61,631,573, respectively, which included shares of treasury stock of 1,225,085 and 352,523, respectively. The change in the number of issued shares of common stock during the six months ended June 30, 2018 was a result of the following issuances: • An aggregate of 12,178,136 shares of common stock were issued as a result of the vesting of RSUs, including 872,562 shares of common stock withheld to pay withholding taxes upon such vesting, which are reflected in treasury stock. • An aggregate of 2,700,000 shares of common stock were issued in a registered direct offering (“Registered Direct Offering”) to certain investors with a purchase price of $5.00 per share Concurrent with the Registered Direct Offering, the Company issued such institutional buyers, for no additional consideration, warrants to purchase an aggregate of 1,350,000 shares of common stock. The warrants have an exercise price of $6.00 per share and are exercisable for two years from the date of issuance. Treasury stock As of June 30, 2018 and December 31, 2017, the Company held shares of treasury stock of 1,225,085 and 352,523, with a cost of $3,253 and $1,274, respectively. This increase in treasury stock during the six months ended June 30, 2018 was due to shares withheld to pay withholding taxes upon the vesting of RSUs, including a purchase on April 9, 2018 by the Company of 729,167 shares of treasury stock for $1,581, representing the aggregate shares red violet employees had elected to sell to cover the withholding of taxes on the accelerated vesting of RSUs related to the Spin-off. Warrants As of June 30, 2018 and December 31, 2017, warrants to purchase an aggregate of 2,623,776 and 1,273,776 shares of common stock were outstanding, respectively, with exercise prices ranging from $3.75 to $8.00 per share. The increase in warrants was a result of the issuance of warrants to purchase an aggregate of 1,350,000 shares of common stock, with an exercise price of $6.00 per share, concurrent with the Registered Direct Offering, as discussed above.

Share-based compensation

Share-based compensation	6 Months Ended
	Jun. 30, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share-based compensation	9. Share-based compensation As of June 30, 2018, the Company maintains three share-based incentive plans: the 2008 Share Incentive Plan (the “2008 Plan”) and the Cogint, Inc. 2015 Stock Incentive Plan (the “2015 Plan”) which, combined, authorized the issuance of 13,500,000 shares of common stock, and the Fluent, Inc. 2018 Stock Incentive Plan (the “2018 Plan”), which authorizes the issuance of ten percent of the Company’s issued and outstanding shares of common stock, as may be adjusted from time to time. The 2018 Plan was approved by the board of directors in April 2018 and subsequently approved by shareholders at the annual meeting of stockholders held on June 6, 2018. The primary purpose of the 2018 Plan is to attract, retain, reward, and motivate certain individuals by providing them with an opportunity to acquire or increase an ownership interest in the Company. As of June 30, 2018, there were 310,568, 303,074 and 7,650,090 shares of common stock reserved for issuance under the 2008 Plan, the 2015 Plan and the 2018 Plan, respectively. Shares issued outside of the equity plans The following RSUs were issued outside of the aforementioned equity plans: Pursuant to a business consulting agreement effective October 14, 2014 (the “Business Consulting Agreement”), Marlin Capital Investments, LLC (“Marlin Capital”), a company which Michael Brauser, the Company’s Executive Chairman prior to the Spin-off, owns 50% and is one of two managers, held RSUs representing the right to receive 2,000,000 shares of the Company’s common stock, for consulting services provided by Marlin Capital. These RSUs were to vest annually beginning from October 13, 2015 only if certain performance goals of the Company were met. The shares underlying such RSUs would not have been delivered until October 13, 2018, unless there was a change of control of the Company, termination of the agreement by the Company without cause, or termination of the agreement by Marlin Capital for good reason. The Company determined the performance goals were met as of December 31, 2015. On March 12, 2018, the Company terminated the Business Consulting Agreement. The unvested 500,000 shares were accelerated and related share-based compensation expense of $906 was recognized fully in loss on disposal of discontinued operations during the first quarter of 2018. Effective November 16, 2015, the Company entered into an employment agreement with Michael Brauser (the “Brauser Employment Agreement”) relating to his service as Executive Chairman of the Board of Directors, pursuant to which, Mr. Brauser would receive an annual base salary of $25 payable in accordance with the Company’s general payroll practices and RSUs outside of the 2008 Plan and 2015 Plan representing the right to receive 5,000,000 shares of common stock. These RSUs were to vest ratably over a four-year period; provided, however, that no portion of the RSUs were to vest unless and until the Company had met certain vesting conditions during the vesting period. In addition, such RSUs were to vest in full upon a Company change in control, termination of Mr. Brauser without cause, termination by Mr. Brauser for good reason, or Mr. Brauser’s death or disability. Effective March 14, 2017, the Company determined that the performance vesting conditions were met. Effective June 23, 2017, the Brauser Employment Agreement was terminated. Mr. Brauser continued to serve as Chairman of the Board of Directors prior to the Spin-off. On September 6, 2017, the Company entered into a consulting services agreement with Mr. Brauser, effective June 23, 2017, for a term of four years (the “Consulting Agreement”). In consideration for Mr. Brauser’s services, the Consulting Agreement provided for continued vesting of all outstanding RSUs previously granted to Mr. Brauser. $6,468 was recognized in loss on disposal of discontinued operations during the first quarter of 2018 On December 8, 2015, when Dr. Phillip Frost joined the Board of Directors of the Company as Vice Chairman, Frost Gamma was granted 3,000,000 RSUs, outside of the 2008 Plan and 2015 Plan. These grants were fully vested on December 8, 2015, but Frost Gamma elected to defer delivery of any vested RSUs until Dr. Phillip Frost’s separation from service from the Company or death or disability. Dr. Phillip resigned as Vice Chairman effective on March 8, 2018 and the 3,000,000 shares were delivered during the first quarter of 2018. Spin-off of red violet On March 8, 2018, the Company’s Compensation Committee approved the acceleration (the “Acceleration”) of shares of stock options, RSUs and restricted stock held by certain employees, consultants, and directors, including only those employees who were to continue with red violet upon completion of the Spin-off, subject to such employees still being employed or providing services on March 12, 2018 (the “Acceleration Date”). An aggregate of 5,157,998 shares, including 47,500 shares of stock options, 4,960,498 RSUs (inclusive of 500,000 shares to Marlin Capital and 2,500,000 to Michael Brauser, as discussed above), and 150,000 shares of restricted stock, were accelerated. Share-based compensation expense of $14,667 resulting from the Acceleration was recognized in loss on disposal of discontinued operations during the first quarter of 2018. In connection with the Spin-off of red violet, an aggregate of 304,000 shares of common stock awards were granted to certain employees of red violet (“Spin-off Grants”) during the first quarter of 2018, and the related share-based compensation expense of $881 was recognized in loss on disposal of discontinued operations. In addition, an aggregate of In total, share-based compensation expense of $15,548 resulting from the Acceleration and Spin-off Grants in connection with the Spin-off was recognized in loss on disposal of discontinued operations during the first quarter of 2018. See Note 3, “Discontinued operations,” for details. Stock options Details of share options activity during the six months ended June 30, 2018 were as follows: Number of options Weighted average exercise price per share Weighted average remaining contractual term Aggregate intrinsic value Outstanding as of December 31, 2017 222,000 $ 12.59 5.4 years $ - Expired (85,000 ) $ 9.15 Outstanding as of June 30, 2018 137,000 $ 14.72 2.8 years $ - Options vested and expected to vest as of June 30, 2018 137,000 $ 14.72 2.8 years $ - Options exercisable as of June 30, 2018 137,000 $ 14.72 2.8 years $ - The aggregate intrinsic value amounts in the table above represent the difference between the closing price of the Company’s common stock on June 29, 2018 of $2.45 and the corresponding exercise prices, multiplied by the number of in-the-money stock options as of the same date. The unvested balance of options is shown below for the six months ended June 30, 2018: Number of options Weighted average exercise price per share Weighted average remaining contractual term Unvested as of December 31, 2017 47,500 $ 8.96 7.9 years Vested (1) (47,500 ) $ 8.96 Unvested as of June 30, 2018 - $ - - (1) As discussed in “Spin-off of red violet” above, the vesting of 47,500 shares of stock options was accelerated as a result of the Spin-off of red violet. Compensation expense for these stock options of $0 and $30 during the three months and $243 and $60 during the six months ended June 30, 2018 and 2017, respectively, was recognized and recorded in discontinued operations in the condensed consolidated statements of operations. As of June 30, 2018, there was no unrecognized share-based compensation with respect to outstanding stock options. Restricted stock units, common stock grants and restricted stock Details of unvested RSUs, common stock grants and restricted stock activity during the six months ended June 30, 2018 were as follows: Number of units Weighted average grant-date fair value Unvested as of December 31, 2017 8,150,905 $ 9.27 Granted (1) 4,368,125 $ 2.65 Vested and delivered (2) (11,455,574 ) $ 7.63 Withheld as treasury stock (3) (872,562 ) $ 6.05 Vested not delivered (4) 3,761,068 $ 9.86 Forfeited (201,959 ) $ 5.13 Unvested as of June 30, 2018 3,750,003 $ 8.14 (1) As discussed in “Spin-off of red violet” above, among the RSUs granted during the six months ended June 30, 2018, there were an aggregate of 304,000 shares of Spin-off Grants that vested and were delivered in the first quarter of 2018, and an aggregate of 2,041,000 shares of Transaction Grants that vested but were subject to deferred delivery over a three-year period. (2) (3) As discussed in Note 8, the increase in treasury stock was due to shares withheld to pay statutory withholding taxes upon the vesting of RSUs during the first quarter of 2018. As of June 30, 2018, there were 1,225,085 outstanding shares withheld as treasury stock. (4) Vested not delivered represent vested RSUs or common stock grants with delivery deferred to a future time. During the six months ended June 30, 2018, there was a net decrease of 3,761,068 shares included in “vested not delivered,” as a result of the delivery of common stock underlying RSUs included in “vested not delivered” in prior periods. As of June 30, 2018, there were 2,914,917 outstanding shares of RSUs or common stock grants included in “vested not delivered.” The Company recognized compensation (included in sales and marketing expenses, general and administrative expenses, and discontinued operations in the condensed consolidated statements of operations, and intangible assets in the condensed consolidated balance sheets) for RSUs, common stock grants and restricted stock of $2,738 and $9,624 for the three months and $25,196 and $17,152 for the six months ended June 30, 2018 and 2017, respectively. The fair value of the RSUs and restricted stock was estimated using the market value of the Company’s common stock on the dates of grant, which were equivalent to the closing prices of the common stock on the grant dates. As of June 30, 2018, unrecognized share-based compensation expense associated with the granted RSUs amounted to $12,966, which is expected to be recognized over a weighted average period of 1.9 years. The share-based compensation for the Company’s stock options, RSUs, common stock grants and restricted stock were allocated to the following accounts in the condensed consolidated financial statements for the three and six months ended June 30, 2018 and 2017: Three Months Ended June 30, Six Months Ended June 30, (In thousands) 2018 2017 2018 2017 Sales and marketing expenses $ 709 $ 792 $ 1,475 $ 1,404 General and administrative expenses 1,905 7,302 2,378 13,544 Spin-off transaction costs - - 5,409 - Discontinued operations - 1,225 15,713 1,683 2,614 9,319 24,975 16,631 Capitalized in intangible assets of continuing operations 124 133 283 188 Capitalized in intangible assets of discontinued operations - 202 181 393 Total $ 2,738 $ 9,654 $ 25,439 $ 17,212

Segment information

Segment information	6 Months Ended
	Jun. 30, 2018
Segment Reporting [Abstract]
Segment information	10. Segment information The Company previously had two reportable segments, Information Services and Performance Marketing. As a result of the Spin-off of red violet on March 26, 2018 and the resulting change in the Company’s management team, the composition of the Company’s reportable segments changed. As a result, the Company determined that there is only one reportable segment, Performance Marketing. This reflects the way the Company evaluates its business performance and manages its operations. The Company restated the segment information disclosures for the three and six months ended June 30, 2017 to reflect this change. Revenue by geography is based on the location of the customers. A majority of revenue is generated from the United States, and the total revenue generated from outside of the United States was less than 10% for the three and six months ended June 30, 2018 and 2017.

Related party transactions

Related party transactions	6 Months Ended
	Jun. 30, 2018
Related Party Transactions [Abstract]
Related party transactions	11. Related party transactions For the three and six months ended June 30, 2018 and 2017, material related party transactions were as follows: Business Consulting Agreement Pursuant to the Business Consulting Agreement, Marlin Capital held RSUs representing the right to receive 2,000,000 shares of the Company’s common stock, for consulting services provided by Marlin Capital. These RSUs were to vest annually beginning from October 13, 2015 only if certain performance goals of the Company were met. The shares underlying such RSUs would not have been delivered until October 13, 2018, unless there was a change of control of the Company, termination of the agreement by the Company without cause, or termination of the agreement by Marlin Capital for good reason. The Company determined the performance goals were met as of December 31, 2015. Share-based compensation expense of negative $1,792, as a result of the revaluation of the fair value of RSUs granted, and $311 for the three months and negative $1,792 and $619 for the six months ended June 30, 2018 and 2017, respectively, associated with shares under the Marlin Capital agreement, was recognized in general and administrative expenses. On March 12, 2018, the Company terminated the Business Consulting Agreement. The unvested 500,000 shares were accelerated and related share-based compensation expense of $906 was recognized fully in loss on disposal of discontinued operations during the first quarter of 2018. See Note 9, “Share-based compensation,” for details. Promissory Notes On December 8, 2015, the Company entered into the Promissory Notes, with an interest rate of 10% per annum, with certain investors, for aggregate financing of $10.0 million, pursuant to which the Company received $5.0 million from Frost Gamma, $4.0 million from Michael Brauser, and $1.0 million from another investor. As of December 31, 2017, the principal amount plus accrued PIK interest of the Promissory Notes owing to Frost Gamma, Michael Brauser and such other investor were $5,574, $4,460 and $1,115, respectively. During the three and six months ended June 30, 2017, the Company repaid $533, $426, and $107 to Frost Gamma, Michael Brauser and another investor, respectively. See Note 6, “Long-term debt, net, Consulting Agreement On September 6, 2017, the Company entered into the Consulting Agreement with Michael Brauser, effective as of June 23, 2017, for a term of four years, under which Mr. Brauser served as a strategic advisor to the Company but received no salary for such services. In Share-based compensation expense of $302, associated with the Consulting Agreement, was recognized in general and administrative expenses for the three and six months ended June 30, 2018. In addition, upon the Acceleration, the remaining unvested 2,500,000 shares were accelerated, and related share-based compensation expense of $6,468 was recognized in loss on disposal of discontinued operations during the first quarter of 2018. The Consulting Agreement was terminated upon the Spin-off of red violet. details. Others Effective on August 1, 2015, the Company entered into a consulting agreement with DAB Management Group Inc. (“DAB”) for DAB to provide consulting services (the “DAB Agreement”). DAB is owned by Daniel Brauser, a director of the Company at the time the DAB Agreement was entered into and the son of Michael Brauser. Under the DAB Agreement, the consulting service fee was $20 per month. The Company recognized consulting service fees of $0 and $60 for the three months and $60 and $120 for the six months ended June 30, 2018 and 2017, respectively. The DAB Agreement was terminated upon the Spin-off of red violet.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2018
Subsequent Events [Abstract]
Subsequent Events	12. Subsequent Events On July 9, 2018 the Company entered into First Amendments (the "First Amendments”) to the Amendments to Warrants and Agreements to Exercise (“Amended Whitehorse Warrants”) with (i) H.I.G. Whitehorse SMA ABF, L.P. regarding 46,667 warrants to purchase common stock of the Company, par value $0.0005 per share, at an exercise price of $3.00 per share; (ii) H.I.G. Whitehorse SMA Holdings I, LLC regarding 66,666 warrants to purchase common stock of the Company at an exercise price of $3.00 per share; and (iii) Whitehorse Finance, Inc. regarding 186,667 warrants to purchase common stock of the Company at an exercise price of $3.00 per share. In November 2017, the Amended Whitehorse Warrants were exercised and the Company issued an aggregate of 300,000 shares of common stock of the Company (the “Warrant Shares”) to the warrant holders. Pursuant to the First Amendments, the parties agreed to reduce the price per share at which the warrant holders have the right, but not the obligation, to require the Company to purchase from the warrant holders the Warrant Shares (the “Put Right”) to $3.8334 per share, to modify the period during which the Put Right can be exercised to the period commencing January 1, 2019 and ending December 15, 2019, and to modify the minimum price that the warrant holders can transfer any of the Warrant Shares to no less than $3.8334 per share. The reduction in the Put Right from $4.50 per share to $3.8334 per share was a result of the receipt by the Warrantholders of 40,000 shares of red violet common stock in the Spin-off and the Warrantholders’ subsequent sale of those shares for $200,000 in a private transaction.

Summary of Significant Accoun21

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Basis of preparation and liquidity	(a) Basis of preparation and liquidity The accompanying unaudited condensed consolidated financial statements have been prepared by Fluent, Inc., formerly known as Cogint, Inc., a Delaware corporation, in accordance with accounting principles generally accepted in the United States (“US GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (the “SEC”) regarding interim financial reporting. Certain information and note disclosures normally included in annual financial statements prepared in accordance with US GAAP have been condensed or omitted pursuant to those rules and regulations. The accompanying unaudited condensed consolidated financial statements reflect all normal recurring adjustments necessary to present fairly the financial position, results of operations, and cash flows for the interim periods, but are not necessarily indicative of the results of operations to be anticipated for any future interim periods or for the full year ending December 31, 2018. The information included in this quarterly report on Form 10-Q should be read in conjunction with the consolidated financial statements and accompanying notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017 (“2017 Form 10-K”) filed with the SEC on March 14, 2018. The condensed consolidated balance sheet as of December 31, 2017 included herein was derived from the audited financial statements as of that date included in the 2017 Form 10-K but does not include all disclosures required by US GAAP. Principles of consolidation The condensed consolidated financial statements include the financial statements of the Company and its subsidiaries. All significant transactions among the Company and its subsidiaries have been eliminated upon consolidation. Spin-off of red violet On March 26, 2018, Fluent completed the previously announced spin-off (the “Spin-off”) of its risk management business from its digital marketing business by way of a distribution of all the shares of common stock of Fluent’s wholly-owned subsidiary, Red Violet, Inc. (“red violet”), to Fluent’s stockholders of record as of March 19, 2018 (the “Record Date”) and certain warrant holders. The distribution occurred by way of a pro rata stock distribution to such common stock and warrant holders, each of whom received one share of red violet’s common stock for every 7.5 shares of Fluent’s common stock held on the Record Date or to which they were entitled to under their warrants. Following the Spin-off of red violet, Fluent common stock continued trading on The NASDAQ Stock Market (“NASDAQ”), and red violet became an independent public company, also listed on NASDAQ. red violet owns all of the Fluent subsidiaries that operate the Company’s former risk manag e ment business. In accordance with Accounting Standards Codification (“ASC”) 205-20, “ Discontinued Operations ,” Reclassifications Certain amounts in the prior year’s condensed consolidated financial statements and related footnotes thereto have been reclassified to conform with the current year presentation as a result of the Spin-off of red violet. See Note 3, “Discontinued operations,” for details. In addition, the Company has reclassified condensed
Recently issued and adopted accounting standards	(b) Recently issued and adopted accounting standards In May 2014, Financial Accounting Standards Board (“FASB”) issued ASU No. 2014-09 (“ASU 2014-09”), “ Revenue from Contracts with Customers (Topic 606) In February 2016, FASB issued ASU No. 2016-02 (“ASU 2016-02”), “ Leases (Topic 842)” and additional changes, modifications, clarifications or interpretations thereafter Upon adoption of this standard, the Company expects to recognize, on a discounted basis, its minimum commitments under noncancelable operating leases on the consolidated balance sheets, resulting in the recording of right-of-use assets and lease obligations. The Company is currently evaluating whether there may be additional impact this guidance will have on its condensed consolidated financial statements. In August 2016, FASB issued ASU No. 2016-15 (“ASU 2016-15”), “ Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In March 2018, the FASB issued ASU No. 2018-05 (“ASU 2018-05”), Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 118. ASU 2018-05 formally amended ASC Topic 740, Income Taxes (“ASC 740”), for the guidance previously provided by SEC Staff Accounting Bulletin No. 118 (“SAB 118”), which provides guidance for the application of ASC 740 in the reporting period in which the tax reform legislation commonly known as the Tax Cuts and Jobs Act of 2017 (the “Tax Act”) was signed into law. The Company adopted SAB 118 in the fourth quarter of 2017 and therefore, the Company’s subsequent adoption of ASU 2018-05 in the first quarter of 2018 had no impact on its accounting for income taxes in the first quarter of 2018. Additional information regarding the accounting for income taxes for the Tax Act is contained in Note 7, “ Income Taxes.” In June 2018, the FASB issued ASU 2018-07 (“ASU 2018-07”), Compensation—Stock Compensation (Topic 718): Improvements to Nonemployees Share-Based Payment Accounting,
Revenue recognition	(c) Revenue recognition On January 1, 2018, the Company adopted Topic 606 using the modified retrospective method applied to all contracts that are not completed contracts at the date of initial application. There was no impact on the opening balance of accumulated deficit on the condensed consolidated balance sheet and statement of changes in shareholders’ equity as of January 1, 2018 due to the adoption of Topic 606. Revenue is recognized when control of goods or services is transferred to customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. The Company’s performance obligation is typically to (a) deliver data records, based on predefined qualifying characteristics specified by the customer or (b) generate conversions, based on predefined user actions (for example, a click, a registration, the installation of an app or the printing of a coupon) and subject to certain qualifying characteristics specified by the customer. The Company has applied the portfolio approach practical expedient in accounting for customer revenue as one collective group, rather than individual contracts. Based on historical knowledge of the contracts contained in this portfolio and the similar nature and characteristics of the customers, the Company has concluded the financial statement effects are not materially different than if accounting for revenue on a contract by contract basis. Revenue is recognized upon satisfaction of the performance obligation. The Company’s customers simultaneously receive and consume the benefits provided by the performance as the Company performs. Furthermore, the Company elected the “right to invoice” practical expedient available within ASC 606-10-55-18 as the measure of progress, since the Company has a right to payment from a customer in an amount that corresponds directly with the value of the performance completed to-date. The Company's revenue arrangements do not contain significant financing components. If a customer pays consideration before the Company’s performance obligations are satisfied, those amounts are classified as deferred revenue. As of June 30, 2018 and December 31, 2017, the balance of deferred revenue was $843 and $265, respectively. The deferred revenue balance as of December 31, 2017 had been fully recognized into revenue during the first quarter of 2018. If there is a delay between the period in which revenue is recognized and when customer invoices are issued, revenue is recognized and related amounts are recorded as unbilled revenue in accounts receivable. As of June 30, 2018 and December 31, 2017, unbilled revenue included in accounts receivable totaled $19,643 and $16,238, respectively. Sales commissions are recorded at the time revenue is recognized and recorded in sales and marketing expenses. In addition, the Company elected the practical expedient to not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts for which revenue is recognized at the amount to which the Company has the right to invoice for services performed.

Earnings (Loss) per share (Tabl

Earnings (Loss) per share (Tables)	6 Months Ended
	Jun. 30, 2018
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Earnings (Loss) Per Share	The information related to basic and diluted earnings (loss) per share for the three and six months ended June 30, 2018 and 2017 is as follows: Three Months Ended June 30, Six Months Ended June 30, (In thousands, except share data) 2018 2017 2018 2017 Numerator: Net income (loss) from continuing operations $ 2,645 $ (8,276 ) $ (2,913 ) $ (18,108 ) Net loss from discontinued operations - (12,133 ) (21,124 ) (15,026 ) Net income (loss) $ 2,645 $ (20,409 ) $ (24,037 ) $ (33,134 ) Denominator: Weighted average number of shares outstanding: Basic 75,282,042 54,778,046 71,318,930 54,297,536 Diluted 78,196,959 54,778,046 71,318,930 54,297,536 Basic earnings (loss) per share: (1) Continuing operations $ 0.04 $ (0.15 ) $ (0.04 ) $ (0.33 ) Discontinued operations $ - $ (0.22 ) $ (0.30 ) $ (0.28 ) Net income (loss) $ 0.04 $ (0.37 ) $ (0.34 ) $ (0.61 ) Diluted earnings (loss) per share: (1) Continuing operations $ 0.03 $ (0.15 ) $ (0.04 ) $ (0.33 ) Discontinued operations $ - $ (0.22 ) $ (0.30 ) $ (0.28 ) Net income (loss) $ 0.03 $ (0.37 ) $ (0.34 ) $ (0.61 ) (1)
Schedule of Antidilutive Securities Excluded from Computation of Earnings (Loss) per Share	The following potential shares of common stock were excluded from the calculation of diluted earnings (loss) per share because their effect would have been anti-dilutive for the periods presented: Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Restricted stock units 3,750,003 16,529,848 6,664,920 16,529,848 Warrants 2,623,776 2,220,102 2,623,776 2,220,102 Stock options 137,000 220,000 137,000 220,000 Total anti-dilutive securities 6,510,779 18,969,950 9,425,696 18,969,950

Discontinued operations (Tables

Discontinued operations (Tables)	6 Months Ended
	Jun. 30, 2018
Discontinued Operations And Disposal Groups [Abstract]
Disposal of Discontinued Activity	The following financial information presents the results of operations of red violet for the three and six months ended June 30, 2018 and 2017: Three Months Ended June 30, Six Months Ended June 30, (In thousands) 2018 2017 2018 2017 Major classes of line items constituting loss from discontinued operations: Revenue - $ 1,993 $ 3,325 $ 3,565 Cost of revenue (exclusive of depreciation and amortization) - 1,843 2,017 3,244 Sales and marketing expenses - 1,165 1,089 1,983 General and administrative expenses - 10,898 1,852 12,928 Depreciation and amortization - 220 451 436 Loss from operations of discontinued operations, net of $0 income taxes - (12,133 ) (2,084 ) (15,026 ) Loss on disposal of discontinued operations, net of $0 income taxes - - (19,040 ) - Net loss from discontinued operations $ - $ (12,133 ) $ (21,124 ) $ (15,026 )
Schedule of Gain (Loss) on Disposal Activity	Included in the net loss from discontinued operations is a loss on disposal of discontinued operations of $19,040 for the six months ended June 30, 2018, as presented below. Among the total loss on disposal of discontinued operations, an aggregate of $16,030 were non-cash charges. Three Months Ended Six Months Ended (In thousands) June 30, 2018 June 30, 2018 Share-based compensation expense (1) $ - $ 15,548 Write-off of unamortized debt costs (2) - 284 Write-off of certain prepaid expenses - 198 Spin-off related professional fees - 2,012 Spin-off related employee compensation - 998 Loss on disposal of discontinued operations $ - $ 19,040 (1) As discussed and defined in Note 9, “Share-based compensation,” share-based compensation expense represents non-cash expense in connection with the Acceleration of certain outstanding stock options, RSUs and restricted stock and additional Spin-off Grants, in connection with the Spin-off. (2) As discussed in Note 6, “Long-term debt, net,” in connection with the Spin-off, the Company repaid the promissory notes to certain shareholders, which resulted in a write-off of unamortized debt costs of $284.
Schedule of Reconciliation of Assets and Liabilities of Discontinued Operations	The Company also reclassified carrying amounts of assets and liabilities of red violet into corresponding assets and liabilities of discontinued operation as of December 31, 2017. A reconciliation is shown below: (In thousands) December 31, 2017 Carrying amounts of the major classes of assets included in discontinued operations: Cash and cash equivalents $ 65 Accounts receivable 1,650 Prepaid expenses and other current assets 559 Current assets of discontinued operations 2,274 Property and equipment, net 1,091 Intangible assets, net 15,353 Goodwill 6,465 Other non-current assets 1,180 Non-current assets of discontinued operations 24,089 Total assets of discontinued operations $ 26,363 Carrying amounts of the major classes of liabilities included in discontinued operations: Trade accounts payable $ 919 Accrued expenses and other current liabilities 6,437 Deferred revenue 33 Total liabilities of discontinued operations $ 7,389

Intangible assets, net (Tables)

Intangible assets, net (Tables)	6 Months Ended
	Jun. 30, 2018
Goodwill And Intangible Assets Disclosure [Abstract]
Intangible Assets Other than Goodwill	Intangible assets other than goodwill consist of the following: (In thousands) Amortization period June 30, 2018 December 31, 2017 Gross amount: Software developed for internal use 3 years $ 3,737 $ 2,972 Acquired proprietary technology 5 years 11,416 11,382 Customer relationships 7-10 years 34,986 34,986 Trade names 20 years 16,357 16,357 Domain names 20 years 191 191 Databases 5-10 years 31,292 31,292 Non-competition agreements 2-5 years 1,768 1,768 Total gross amount 99,747 98,948 Accumulated amortization: Software developed for internal use (826 ) (490 ) Acquired proprietary technology (5,837 ) (4,693 ) Customer relationships (12,023 ) (9,628 ) Trade names (2,095 ) (1,686 ) Domain names (24 ) (20 ) Databases (8,768 ) (6,964 ) Non-competition agreements (1,446 ) (1,113 ) Total accumulated amortization (31,019 ) (24,594 ) Net intangible assets: Software developed for internal use 2,911 2,482 Acquired proprietary technology 5,579 6,689 Customer relationships 22,963 25,358 Trade names 14,262 14,671 Domain names 167 171 Databases 22,524 24,328 Non-competition agreements 322 655 Total net intangible assets $ 68,728 $ 74,354
Schedule of Estimated Amortization Expenses	As of June 30, 2018, estimated amortization expenses related to the Company’s intangible assets for the remainder of 2018 through 2023 and thereafter are as follows: (In thousands) Year June 30, 2018 Remainder of 2018 $ 6,450 2019 12,901 2020 12,246 2021 9,199 2022 7,877 2023 and thereafter 20,055 Total $ 68,728

Long-term debt, net (Tables)

Long-term debt, net (Tables)	6 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Summary of Long-term Debt	Long-term debt, net, as of June 30, 2018, consists of the following: 7% refinanced term loan, (In thousands) due 2023 Principal amount $ 69,125 Less: unamortized debt issuance costs (5,599 ) Long-term debt, net 63,526 Less: Current portion of long-term debt (6,829 ) Long-term debt, net (non-current) $ 56,697
Schedule of Long-term Debts, Including Promissory Notes Payable to Certain Shareholders, Net	Long-term debt, net, including promissory notes payable to certain shareholders, net, as of December 31, 2017, consists of the following: 12% term loan, 12% incremental term loan, 10% promissory notes, (In thousands) due 2020 due 2020 due 2021 Total Principal amount $ 40,688 $ 14,312 $ 10,000 $ 65,000 Less: unamortized debt issuance costs (2,753 ) (672 ) (312 ) (3,737 ) Add: PIK interest accrued to the principal balance 542 9 1,149 1,700 Long-term debt, net 38,477 13,649 10,837 62,963 Less: Current portion of long-term debt (2,062 ) (688 ) - (2,750 ) Long-term debt, net (non-current) $ 36,415 $ 12,961 $ 10,837 $ 60,213
Scheduled Future Maturities of Total Debts	Including the required principal prepayment on the Refinanced Term Loan based on a portion of the Company’s quarterly excess cash flow of $3,329 for the second quarter of 2018 and excluding potential future additional principal prepayments, scheduled future maturities of total debt as of June 30, 2018 were as follows: (In thousands) Year Remainder of 2018 $ 5,079 2019 3,500 2020 3,500 2021 3,500 2022 3,500 2023 and thereafter 50,046 Total maturities $ 69,125

Share-based compensation (Table

Share-based compensation (Tables)	6 Months Ended
	Jun. 30, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Schedule of Share Options Activity	Details of share options activity during the six months ended June 30, 2018 were as follows: Number of options Weighted average exercise price per share Weighted average remaining contractual term Aggregate intrinsic value Outstanding as of December 31, 2017 222,000 $ 12.59 5.4 years $ - Expired (85,000 ) $ 9.15 Outstanding as of June 30, 2018 137,000 $ 14.72 2.8 years $ - Options vested and expected to vest as of June 30, 2018 137,000 $ 14.72 2.8 years $ - Options exercisable as of June 30, 2018 137,000 $ 14.72 2.8 years $ -
Unvested Balance of Options	The unvested balance of options is shown below for the six months ended June 30, 2018: Number of options Weighted average exercise price per share Weighted average remaining contractual term Unvested as of December 31, 2017 47,500 $ 8.96 7.9 years Vested (1) (47,500 ) $ 8.96 Unvested as of June 30, 2018 - $ - - (1) As discussed in “Spin-off of red violet” above, the vesting of 47,500 shares of stock options was accelerated as a result of the Spin-off of red violet.
Schedule of Restricted Share Units, Common Stock Grants and Restricted Stock Activity	Details of unvested RSUs, common stock grants and restricted stock activity during the six months ended June 30, 2018 were as follows: Number of units Weighted average grant-date fair value Unvested as of December 31, 2017 8,150,905 $ 9.27 Granted (1) 4,368,125 $ 2.65 Vested and delivered (2) (11,455,574 ) $ 7.63 Withheld as treasury stock (3) (872,562 ) $ 6.05 Vested not delivered (4) 3,761,068 $ 9.86 Forfeited (201,959 ) $ 5.13 Unvested as of June 30, 2018 3,750,003 $ 8.14 (1) As discussed in “Spin-off of red violet” above, among the RSUs granted during the six months ended June 30, 2018, there were an aggregate of 304,000 shares of Spin-off Grants that vested and were delivered in the first quarter of 2018, and an aggregate of 2,041,000 shares of Transaction Grants that vested but were subject to deferred delivery over a three-year period. (2) (3) As discussed in Note 8, the increase in treasury stock was due to shares withheld to pay statutory withholding taxes upon the vesting of RSUs during the first quarter of 2018. As of June 30, 2018, there were 1,225,085 outstanding shares withheld as treasury stock. (4) Vested not delivered represent vested RSUs or common stock grants with delivery deferred to a future time. During the six months ended June 30, 2018, there was a net decrease of 3,761,068 shares included in “vested not delivered,” as a result of the delivery of common stock underlying RSUs included in “vested not delivered” in prior periods. As of June 30, 2018, there were 2,914,917 outstanding shares of RSUs or common stock grants included in “vested not delivered.”
Schedule of Share-based Compensation	The share-based compensation for the Company’s stock options, RSUs, common stock grants and restricted stock were allocated to the following accounts in the condensed consolidated financial statements for the three and six months ended June 30, 2018 and 2017: Three Months Ended June 30, Six Months Ended June 30, (In thousands) 2018 2017 2018 2017 Sales and marketing expenses $ 709 $ 792 $ 1,475 $ 1,404 General and administrative expenses 1,905 7,302 2,378 13,544 Spin-off transaction costs - - 5,409 - Discontinued operations - 1,225 15,713 1,683 2,614 9,319 24,975 16,631 Capitalized in intangible assets of continuing operations 124 133 283 188 Capitalized in intangible assets of discontinued operations - 202 181 393 Total $ 2,738 $ 9,654 $ 25,439 $ 17,212

Summary of Significant Accoun27

Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Accounting Policies [Abstract]
Increase in costs and expenses after reclassification			$ 34,781		$ 68,578
Costs and expenses	$ 52,357		$ 56,862	$ 111,510	$ 113,661
Deferred revenue	843			843		$ 265
Deferred evenue recognized into revenue		$ 265
Unbilled revenue in accounts receivable	$ 19,643			$ 19,643		$ 16,238

Earnings (Loss) per share - Sch

Earnings (Loss) per share - Schedule of Basic and Diluted Earnings (Loss) Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Earnings Per Share [Abstract]
Net income (loss) from continuing operations		$ 2,645	$ (8,276)	$ (2,913)	$ (18,108)
Net loss from discontinued operations			(12,133)	(21,124)	(15,026)
Net income (loss)		$ 2,645	$ (20,409)	$ (24,037)	$ (33,134)
Weighted average number of shares outstanding, Basic (in shares)		75,282,042	54,778,046	71,318,930	54,297,536
Weighted average number of shares outstanding, Diluted (in shares)		78,196,959	54,778,046	71,318,930	54,297,536
Basic earnings (loss) per share:
Continuing operations	[1]	$ 0.04	$ (0.15)	$ (0.04)	$ (0.33)
Discontinued operations	[1]		(0.22)	(0.30)	(0.28)
Net income (loss)	[1]	0.04	(0.37)	(0.34)	(0.61)
Diluted earnings (loss) per share:
Continuing operations	[1]	0.03	(0.15)	(0.04)	(0.33)
Discontinued operations	[1]		(0.22)	(0.30)	(0.28)
Net income (loss)	[1]	$ 0.03	$ (0.37)	$ (0.34)	$ (0.61)
[1]	Earnings (loss) per share tables may contain summation differences due to rounding.

Earnings (Loss) per share - S29

Earnings (Loss) per share - Schedule of Antidilutive Securities Excluded from Computation of Earnings (Loss) per Share (Detail) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Anti-dilutive securities	6,510,779	18,969,950	9,425,696	18,969,950
Restricted Stock Units [Member]
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Anti-dilutive securities	3,750,003	16,529,848	6,664,920	16,529,848
Warrants [Member]
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Anti-dilutive securities	2,623,776	2,220,102	2,623,776	2,220,102
Stock Options [Member]
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Anti-dilutive securities	137,000	220,000	137,000	220,000

Discontinued operations - Addit

Discontinued operations - Additional Information (Detail) - USD ($) $ in Thousands	Mar. 26, 2018	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Net assets of red violet as a deduction in additional paid-in capital					$ 41,500
Loss on disposal of discontinued operations					19,040
Loss on disposal of discontinued operations, non-cash charges					16,030
Share-based compensation expense		$ 2,614		$ 9,319	$ 24,975	$ 16,631
Red Violet, Inc. [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Net assets of red violet as a deduction in additional paid-in capital	$ 41,500
Spinoff transaction costs			$ 7,708
Red Violet, Inc. [Member] | Spin-off Transaction Costs [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Non-cash share-based compensation expense			$ 5,409
Share vested not delivered			2,041,000
Share-based compensation expense			$ 2,299

Discontinued operations - Dispo

Discontinued operations - Disposal of Discontinued Activity (Detail) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Major classes of line items constituting loss from discontinued operations:
Loss from operations of discontinued operations, net of $0 income taxes	$ (12,133)	$ (2,084)	$ (15,026)
Loss on disposal of discontinued operations, net of $0 income taxes		(19,040)
Net loss from discontinued operations	(12,133)	(21,124)	(15,026)
Discontinued Operations, Disposed of [Member] | Red Violet, Inc. [Member]
Major classes of line items constituting loss from discontinued operations:
Revenue	1,993	3,325	3,565
Cost of revenue (exclusive of depreciation and amortization)	1,843	2,017	3,244
Sales and marketing expenses	1,165	1,089	1,983
General and administrative expenses	10,898	1,852	12,928
Depreciation and amortization	220	451	436
Loss from operations of discontinued operations, net of $0 income taxes	(12,133)	(2,084)	(15,026)
Loss on disposal of discontinued operations, net of $0 income taxes		(19,040)
Net loss from discontinued operations	$ (12,133)	$ (21,124)	$ (15,026)

Discontinued operations - Dis32

Discontinued operations - Disposal of Discontinued Activity (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Income Loss From Discontinued Operations Net Of Tax [Abstract]
Loss from operations of discontinued operations, income taxes	$ 0	$ 0	$ 0	$ 0
Discontinued Operation Tax Effect Of Income Loss From Disposal Of Discontinued Operation	$ 0	$ 0	$ 0	$ 0

Discontinued operations - Sched

Discontinued operations - Schedule of Gain (Loss) on Disposal Activity (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2018USD ($)
Loss On Disposal Of Discontinued Operations [Line Items]
Loss on disposal of discontinued operations	$ (19,040)
Discontinued Operations, Disposed of [Member]
Loss On Disposal Of Discontinued Operations [Line Items]
Share-based compensation expense	15,548
Write-off of unamortized debt costs	284
Write-off of certain prepaid expenses	198
Spin-off related professional fees	2,012
Spin-off related employee compensation	998
Loss on disposal of discontinued operations	$ 19,040

Discontinued operations - Sch34

Discontinued operations - Schedule of Gain (Loss) on Disposal Activity (Parenthetical) (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2018USD ($)
Discontinued Operations And Disposal Groups [Abstract]
Write-off of unamortized debt costs	$ 284

Discontinued operations - Sch35

Discontinued operations - Schedule of Reconciliation of Assets and Liabilities of Discontinued Operations (Details) $ in Thousands	Dec. 31, 2017USD ($)
Carrying amounts of the major classes of assets included in discontinued operations:
Current assets of discontinued operations	$ 2,274
Non-current assets of discontinued operations	24,089
Discontinued Operations, Disposed of [Member] | Red Violet, Inc. [Member]
Carrying amounts of the major classes of assets included in discontinued operations:
Cash and cash equivalents	65
Accounts receivable	1,650
Prepaid expenses and other current assets	559
Current assets of discontinued operations	2,274
Property and equipment, net	1,091
Intangible assets, net	15,353
Goodwill	6,465
Other non-current assets	1,180
Non-current assets of discontinued operations	24,089
Total assets of discontinued operations	26,363
Carrying amounts of the major classes of liabilities included in discontinued operations:
Trade accounts payable	919
Accrued expenses and other current liabilities	6,437
Deferred revenue	33
Total liabilities of discontinued operations	$ 7,389

Intangible assets, net - Intang

Intangible assets, net - Intangible Assets Other than Goodwill (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Finite-Lived Intangible Assets [Line Items]
Gross amount	$ 99,747	$ 98,948
Accumulated amortization	(31,019)	(24,594)
Net intangible assets	$ 68,728	$ 74,354
Software Developed for Internal Use [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	3 years	3 years
Gross amount	$ 3,737	$ 2,972
Accumulated amortization	(826)	(490)
Net intangible assets	$ 2,911	$ 2,482
Acquired Proprietary Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	5 years	5 years
Gross amount	$ 11,416	$ 11,382
Accumulated amortization	(5,837)	(4,693)
Net intangible assets	5,579	6,689
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross amount	34,986	34,986
Accumulated amortization	(12,023)	(9,628)
Net intangible assets	$ 22,963	$ 25,358
Customer Relationships [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	7 years	7 years
Customer Relationships [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	10 years	10 years
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	20 years	20 years
Gross amount	$ 16,357	$ 16,357
Accumulated amortization	(2,095)	(1,686)
Net intangible assets	$ 14,262	$ 14,671
Domain Names [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	20 years	20 years
Gross amount	$ 191	$ 191
Accumulated amortization	(24)	(20)
Net intangible assets	167	171
Databases [Member]
Finite-Lived Intangible Assets [Line Items]
Gross amount	31,292	31,292
Accumulated amortization	(8,768)	(6,964)
Net intangible assets	$ 22,524	$ 24,328
Databases [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	5 years	5 years
Databases [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	10 years	10 years
Non-competition Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Gross amount	$ 1,768	$ 1,768
Accumulated amortization	(1,446)	(1,113)
Net intangible assets	$ 322	$ 655
Non-competition Agreements [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	2 years	2 years
Non-competition Agreements [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	5 years	5 years

Intangible assets, net - Additi

Intangible assets, net - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2018	Jun. 30, 2017
Finite-Lived Intangible Assets [Line Items]
Write-off of long-lived assets					$ 3,626
Amortization expense	$ 3,213	$ 3,147		$ 6,421	$ 6,258
Software Developed for Internal Use [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets that have not started amortization	$ 1,655			$ 1,655
Q Interactive Acquisition [Member] | Acquired Proprietary Technology and Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Write-off of long-lived assets			$ 3,626

Intangible assets, net - Schedu

Intangible assets, net - Schedule of Estimated Amortization Expenses (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Goodwill And Intangible Assets Disclosure [Abstract]
Remainder of 2018	$ 6,450
2,019	12,901
2,020	12,246
2,021	9,199
2,022	7,877
2023 and thereafter	20,055
Net intangible assets	$ 68,728	$ 74,354

Goodwill - Additional Informati

Goodwill - Additional Information (Detail) - USD ($)	6 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Goodwill [Line Items]
Goodwill	$ 159,791,000	$ 159,791,000
Impairment of goodwill	0
Spin-off of Red Violet [Member]
Goodwill [Line Items]
Derecognized goodwill	6,465,000
Interactive Data LLC, Fluent, LLC and Q Interactive, LLC Acquisitions [Member] | Prior to Spin-off of Red Violet [Member]
Goodwill [Line Items]
Goodwill	$ 166,256,000

Long-term debts, net - Summary

Long-term debts, net - Summary of Long-term Debt (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Less: unamortized debt issuance costs		$ (3,737)
Long-term debt, net		62,963
Less: Current portion of long-term debt	$ (6,829)	(2,750)
Long-term debt, net (non-current)		$ 60,213
7% Refinanced Term Loan, Due 2023 [Member]
Debt Instrument [Line Items]
Principal amount	69,125
Less: unamortized debt issuance costs	(5,599)
Long-term debt, net	63,526
Less: Current portion of long-term debt	(6,829)
Long-term debt, net (non-current)	$ 56,697

Long-term debts, net - Schedule

Long-term debts, net - Schedule of Long-term Debts, Including Promissory Notes Payable to Certain Shareholders, Net (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Principal amount	$ 69,125	$ 65,000
Less: unamortized debt issuance costs		(3,737)
Add: PIK interest accrued to the principal balance		1,700
Long-term debt, net		62,963
Less: Current portion of long-term debt	$ (6,829)	(2,750)
Long-term debt, net (non-current)		60,213
12% Term Loan, Due 2020 [Member]
Debt Instrument [Line Items]
Principal amount		40,688
Less: unamortized debt issuance costs		(2,753)
Add: PIK interest accrued to the principal balance		542
Long-term debt, net		38,477
Less: Current portion of long-term debt		(2,062)
Long-term debt, net (non-current)		36,415
12% Incremental Term Loan, Due 2020 [Member]
Debt Instrument [Line Items]
Principal amount		14,312
Less: unamortized debt issuance costs		(672)
Add: PIK interest accrued to the principal balance		9
Long-term debt, net		13,649
Less: Current portion of long-term debt		(688)
Long-term debt, net (non-current)		12,961
10% Promissory Notes, Due 2021 [Member]
Debt Instrument [Line Items]
Principal amount		10,000
Less: unamortized debt issuance costs		(312)
Add: PIK interest accrued to the principal balance		1,149
Long-term debt, net		10,837
Long-term debt, net (non-current)		$ 10,837

Long-term debts, net - Addition

Long-term debts, net - Additional Information (Detail) - USD ($) $ in Thousands	Mar. 26, 2018	Jan. 19, 2017	Jun. 30, 2018	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017	Feb. 01, 2017	Dec. 08, 2015
Debt Instrument [Line Items]
Principal amount			$ 69,125			$ 69,125		$ 65,000
Long-term debt								62,963
Promissory notes										$ 10,000
Promissory notes, interest rate										10.00%
Interest paid						$ 3,342	$ 3,195
Unamortized debt costs								3,737
Promissory Note [Member]
Debt Instrument [Line Items]
Unamortized debt costs	$ 284
Repayments of debt	11,425
Michael Brauser, Chairman of the Board [Member]
Debt Instrument [Line Items]
Long-term debt								4,460
Promissory notes										$ 4,000
Interest paid				$ 426	$ 426		426
Another Investor [Member]
Debt Instrument [Line Items]
Long-term debt								1,115
Promissory notes										1,000
Interest paid				107	107		107
Frost Gamma Investments Trust [Member]
Debt Instrument [Line Items]
Long-term debt								$ 5,574
Promissory notes										5,000
Interest paid				$ 533	533		$ 533
Term Loan [Member]
Debt Instrument [Line Items]
Term Loan										$ 45,000
Prepayment premium			$ 3,329
Incremental Term Loan [Member]
Debt Instrument [Line Items]
Principal amount		$ 15,000
Long-term debt									$ 14,039
Debt issuance costs									$ 961
Term Loans [Member]
Debt Instrument [Line Items]
Term Loans, PIK interest rate		1.00%
Debt instrument, periodic principal payment					$ 688
Debt Instrument, maturity date		Dec. 8, 2020
Unamortized debt costs	3,136
Repayments of term loan	55,586
Prepayment premium	2,818
Term Loans [Member] | Interest Rate Floor [Member]
Debt Instrument [Line Items]
Term Loans, Interest rate		0.50%
Term Loans [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Term Loans, Interest rate		10.50%
Term Loans [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Term Loans, Interest rate		9.50%
Refinanced Term Loan [Member]
Debt Instrument [Line Items]
Term Loan	$ 70,000
Debt Instrument, maturity date	Mar. 26, 2023
Debt instrument, principal amortization per quarter	$ 875
Refinancing debt costs incurred	$ 193
Refinanced Term Loan [Member] | Interest Rate Floor [Member]
Debt Instrument [Line Items]
Term Loans, Interest rate	0.50%
Refinanced Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Term Loans, Interest rate	7.00%
Refinanced Term Loan [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Term Loans, Interest rate	6.00%

Long-term debts, net - Schedu43

Long-term debts, net - Scheduled Future Maturities of Total Debts (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Debt Disclosure [Abstract]
Remainder of 2018	$ 5,079
2,019	3,500
2,020	3,500
2,021	3,500
2,022	3,500
2023 and thereafter	50,046
Total maturities	$ 69,125	$ 65,000

Income taxes - Additional Infor

Income taxes - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017	Dec. 31, 2015
Income Taxes [Line Items]
U.S. corporate statutory income tax rate	21.00%	34.00%	21.00%	34.00%	34.00%
Effective income tax rate, percentage	0.00%	0.00%	0.00%	0.00%
Percentage of tax benefits likelihood of being realized upon settlement of tax authority			greater than 50%
Unrecognized tax benefits	$ 1,079,000		$ 1,079,000		$ 1,134,000
Benefit for income taxes recognized for the loss	0	$ 0	0	$ 0
Discontinued Operations, Disposed of [Member] | Advertising Business [Member]
Income Taxes [Line Items]
Tax loss resulting from the the disposal of discontinued operation						$ 4,375,000
Benefit for income taxes recognized for the loss						$ 0
Accrued interest and penalties to uncertain tax positions	$ 0		$ 0

Common stock, treasury stock 45

Common stock, treasury stock and warrants - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	Apr. 09, 2018	Jan. 10, 2018	Jun. 30, 2018	Dec. 31, 2017
Equity [Line Items]
Common stock, shares issued			76,509,709	61,631,573
Treasury stock, shares			1,225,085	352,523
Proceeds from issuance of shares, net of issuance costs			$ 13,392
Treasury stock, value			$ 3,253	$ 1,274
Warrants outstanding			2,623,776	1,273,776
Minimum [Member]
Equity [Line Items]
Exercise price of warrants			$ 3.75
Maximum [Member]
Equity [Line Items]
Exercise price of warrants			$ 8
Accelerated Vesting of RSUs [Member]
Equity [Line Items]
Treasury stock, repurchased	729,167
Treasury stock, repurchased value	$ 1,581
Registered Direct Offering [Member] | Common Stock [Member]
Equity [Line Items]
Issuance of shares, net of offering costs, shares		2,700,000
Common stock purchase price per share		$ 5
Proceeds from issuance of shares, net of issuance costs		$ 13,392
Issuance costs		$ 108
Registered Direct Offering [Member] | Warrant [Member]
Equity [Line Items]
Issuance of shares, net of offering costs, shares		1,350,000
Exercise price of warrants		$ 6
Warrants exercisable period		2 years
Restricted Stock Units [Member]
Equity [Line Items]
Shares issued from vesting			12,178,136
Common shares withheld to pay withholding taxes			872,562

Share-based compensation - Addi

Share-based compensation - Additional Information (Detail) - USD ($)

Mar. 12, 2018

Sep. 06, 2017

Dec. 08, 2015

Nov. 16, 2015

Oct. 14, 2014

Jan. 31, 2018

Dec. 31, 2017

Jun. 30, 2018

Mar. 31, 2018

Jun. 30, 2017

Jun. 30, 2018

Jun. 30, 2017

Jun. 29, 2018

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Share-based compensation expense

$ 9,262,000

$ 14,948,000

Share-based compensation expense

$ 2,614,000

$ 9,319,000

24,975,000

16,631,000

Closing stock market price

$ 2.45

Michael Brauser, Chairman of the Board [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Shares accelerated

2,500,000

Accelerated share-based compensation expense

$ 6,468,000

Annual base salary

$ 25,000

Consulting services agreement effective date

Jun. 23, 2017

Business consulting services agreement period

4 years

Share-based compensation expense

302,000

302,000

Restricted Stock Units [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Unrecognized share-based compensation costs in respect of granted RSUs

12,966,000

$ 12,966,000

Unrecognized share-based compensation weighted average period

1 year 10 months 24 days

Restricted Stock Units [Member] | Michael Brauser, Chairman of the Board [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Shares accelerated

2,500,000

Accelerated share-based compensation expense

$ 6,468,000

Award vesting period

4 years

RSU vesting condition

no portion of the RSUs were to vest unless and until the Company had met certain vesting conditions during the vesting period.

Share units, granted

5,000,000

Restricted share units, issued

1,250,000

1,250,000

Restricted Stock Units [Member] | Stockholder Approval [Member] | Michael Brauser, Chairman of the Board [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Shares issuable upon exercise of restricted stock unit

5,000,000

Employee Stock Option [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Shares accelerated

47,500

Share-based compensation expense

0

30,000

$ 243,000

60,000

Unrecognized share-based compensation cost with respect to outstanding stock options

$ 0

$ 0

Restricted Stock Units, Common Stock Grants and Restricted Stock [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Number of restricted stock units outstanding

8,150,905

3,750,003

3,750,003

Share units, granted

[1]

4,368,125

Share vested not delivered

[2]

11,455,574

Restricted stock units, common stock grants and restricted stock, compensation cost

$ 2,738,000

$ 9,624,000

$ 25,196,000

$ 17,152,000

Marlin Capital Investments, LLC [Member] | Michael Brauser Managing

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Ownership percentage by Mike Brauser in Marlin Capital Investments LLC

50.00%

Marlin Capital Investments, LLC [Member] | Restricted Stock Units [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Number of restricted stock units outstanding

2,000,000

Shares vested beginning date

Oct. 13, 2015

Oct. 13, 2015

Share-based compensation description

These RSUs were to vest annually beginning from October 13, 2015 only if certain performance goals of the Company were met. The shares underlying such RSUs would not have been delivered until October 13, 2018, unless there was a change of control of the Company, termination of the agreement by the Company without cause, or termination of the agreement by Marlin Capital for good reason.

Shares accelerated

500,000

Accelerated share-based compensation expense

$ 906,000

Share vested not delivered

500,000

Frost Gamma [Member] | Restricted Stock Units [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Share units, granted

3,000,000

Restricted share units, issued

3,000,000

2018 and 2015 Stock Incentive Plans [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Number of shares of common stock authorized for issuance

13,500,000

13,500,000

Two Thousand Eighteen Stock Incentive Plan

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Number of shares of common stock authorized for issuance , percentage

10.00%

10.00%

Common stock reserved for future issuance

7,650,090

7,650,090

2008 Stock Incentive Plan [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Common stock reserved for future issuance

310,568

310,568

2015 Stock Incentive Plan [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Common stock reserved for future issuance

303,074

303,074

The Acceleration [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Shares accelerated

5,157,998

Accelerated share-based compensation expense

$ 14,667,000

The Acceleration [Member] | Restricted Stock Units [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Shares accelerated

4,960,498

The Acceleration [Member] | Restricted Stock Units [Member] | Michael Brauser, Chairman of the Board [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Shares accelerated

2,500,000

The Acceleration [Member] | Employee Stock Option [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Shares accelerated

47,500

The Acceleration [Member] | Restricted Stock [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Shares accelerated

150,000

The Acceleration [Member] | Marlin Capital Investments, LLC [Member] | Restricted Stock Units [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Shares accelerated

500,000

Spin-off Grants [Member] | Restricted Stock Units [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Share units, granted

304,000

Share vested not delivered

304,000

Spin-off Grants [Member] | Restricted Stock Units [Member] | Vested Subject to Deferred Delivery [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Share vested not delivered

2,041,000

Spin-off Grants [Member] | Common Stock Grants [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Share units, granted

304,000

Share-based compensation expense

$ 881,000

Transaction Grants [Member] | Common Stock Grants [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Share-based compensation expense

$ 5,409,000

Transaction Grants [Member] | Common Stock Grants [Member] | Vested Subject to Deferred Delivery [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Share vested not delivered

2,041,000

Shares vested period

3 years

The Acceleration and Spin-off Grants [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Accelerated share-based compensation expense

$ 15,548,000

[1]

As discussed in “Spin-off of red violet” above, among the RSUs granted during the six months ended June 30, 2018, there were an aggregate of 304,000 shares of Spin-off Grants that vested and were delivered in the first quarter of 2018, and an aggregate of 2,041,000 shares of Transaction Grants that vested but were subject to deferred delivery over a three-year period.

[2]

Among the shares vested and delivered during the six months ended June 30, 2018, there were 6,273,318 shares that were vested but deferred from prior periods. See (4) below.

Share-based compensation - Sche

Share-based compensation - Schedule of Stock Options Activity (Detail) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Number of options, Beginning Balance	222,000
Number of options, Expired	(85,000)
Number of options, Ending Balance	137,000	222,000
Options vested and expected to vest as of June 30, 2018	137,000
Options exercisable as of June 30, 2018	137,000
Weighted average exercise price per share, Beginning Balance	$ 12.59
Weighted average exercise price per share, Expired	9.15
Weighted average exercise price per share, Ending Balance	14.72	$ 12.59
Options vested and expected to vest as of June 30, 2018	14.72
Weighted average exercise price per share, Options Exercisable as of March 31, 2018	$ 14.72
Weighted average remaining contractual term, Options outstanding	2 years 9 months 18 days	5 years 4 months 24 days
Options vested and expected to vest as of June 30, 2018	2 years 9 months 18 days
Weighted average remaining contractual term, Options exercisable as of March 31, 2018	2 years 9 months 18 days

Share-based compensation - Unve

Share-based compensation - Unvested Balance of Options (Detail) - $ / shares		6 Months Ended	12 Months Ended
		Jun. 30, 2018	Dec. 31, 2017
Number of options
Unvested, Beginning balance		47,500
Vested	[1]	(47,500)
Unvested, Ending balance			47,500
Weighted average exercise price per share
Unvested, Beginning balance		$ 8.96
Vested	[1]	$ 8.96
Unvested, Ending balance			$ 8.96
Weighted average remaining contractual term
Unvested			7 years 10 months 24 days
[1]	As discussed in “Spin-off of red violet” above, the vesting of 47,500 shares of stock options was accelerated as a result of the Spin-off of red violet.

Share-based compensation - Un49

Share-based compensation - Unvested Balance of Options (Parenthetical) (Detail)	6 Months Ended
	Jun. 30, 2018shares
Employee Stock Option [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Shares accelerated	47,500

Share-based compensation - Sc50

Share-based compensation - Schedule of Restricted Share Units, Common Stock Grants and Restricted Stock Activity (Detail) - Restricted Stock Units, Common Stock Grants and Restricted Stock [Member]	6 Months Ended
	Jun. 30, 2018$ / sharesshares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of units, Beginning Balance | shares	8,150,905
Number of units, Granted | shares	4,368,125	[1]
Number of units, Vested and delivered | shares	(11,455,574)	[2]
Number of units, Withheld as treasury stock | shares	(872,562)	[3]
Number of units, Vested not delivered | shares	3,761,068	[4]
Number of units, Forfeitures | shares	(201,959)
Number of units, Ending Balance | shares	3,750,003
Weighted average grant-date fair value, Beginning Balance | $ / shares	$ 9.27
Weighted average grant-date fair value, Granted | $ / shares	2.65	[1]
Weighted average grant-date fair value, Vested and delivered | $ / shares	7.63	[2]
Weighted average grant-date fair value, Withheld as treasury stock | $ / shares	6.05	[3]
Weighted average grant-date fair value, Vested not delivered | $ / shares	9.86	[4]
Weighted average grant-date fair value, Forfeitures | $ / shares	5.13
Weighted average grant-date fair value, Ending Balance | $ / shares	$ 8.14
[1]	As discussed in “Spin-off of red violet” above, among the RSUs granted during the six months ended June 30, 2018, there were an aggregate of 304,000 shares of Spin-off Grants that vested and were delivered in the first quarter of 2018, and an aggregate of 2,041,000 shares of Transaction Grants that vested but were subject to deferred delivery over a three-year period.
[2]	Among the shares vested and delivered during the six months ended June 30, 2018, there were 6,273,318 shares that were vested but deferred from prior periods. See (4) below.
[3]	As discussed in Note 8, the increase in treasury stock was due to shares withheld to pay statutory withholding taxes upon the vesting of RSUs during the first quarter of 2018. As of June 30, 2018, there were 1,225,085 outstanding shares withheld as treasury stock.
[4]	Vested not delivered represent vested RSUs or common stock grants with delivery deferred to a future time. During the six months ended June 30, 2018, there was a net decrease of 3,761,068 shares included in “vested not delivered,” as a result of the delivery of common stock underlying RSUs included in “vested not delivered” in prior periods. As of June 30, 2018, there were 2,914,917 outstanding shares of RSUs or common stock grants included in “vested not delivered.”

Share-based compensation - Sc51

Share-based compensation - Schedule of Restricted Share Units, Common Stock Grants and Restricted Stock Activity (Parenthetical) (Detail) - shares		3 Months Ended	6 Months Ended
		Mar. 31, 2018	Jun. 30, 2018
Restricted Stock Units [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Outstanding shares withheld as treasury stock			1,225,085
Restricted Stock Units, Common Stock Grants and Restricted Stock [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share units, granted	[1]		4,368,125
Share vested not delivered	[2]		11,455,574
Shares vested but deferred in prior periods			6,273,318
Outstanding shares withheld as treasury stock	[3]		872,562
Restricted Stock Units or Common Stock Grants [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Decrease in vested and unissued shares in prior period			3,761,068
Outstanding RSUs or common stock grants under vested not delivered			2,914,917
Spin-off Grants [Member] | Restricted Stock Units [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share units, granted			304,000
Share vested not delivered		304,000
Spin-off Grants [Member] | Vested Subject to Deferred Delivery [Member] | Restricted Stock Units [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share vested not delivered			2,041,000
[1]	As discussed in “Spin-off of red violet” above, among the RSUs granted during the six months ended June 30, 2018, there were an aggregate of 304,000 shares of Spin-off Grants that vested and were delivered in the first quarter of 2018, and an aggregate of 2,041,000 shares of Transaction Grants that vested but were subject to deferred delivery over a three-year period.
[2]	Among the shares vested and delivered during the six months ended June 30, 2018, there were 6,273,318 shares that were vested but deferred from prior periods. See (4) below.
[3]	As discussed in Note 8, the increase in treasury stock was due to shares withheld to pay statutory withholding taxes upon the vesting of RSUs during the first quarter of 2018. As of June 30, 2018, there were 1,225,085 outstanding shares withheld as treasury stock.

Share-based compensation - Shar

Share-based compensation - Share-based Compensation Expenses (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Share Based Compensation Expense Recognized [Line Items]
Share-based compensation expenses	$ 2,614	$ 9,319	$ 24,975	$ 16,631
Share-based compensation capitalized in intangible assets			283	188
Share-based compensation expenses, Total	2,738	9,654	25,439	17,212
Selling and Marketing Expense [Member]
Share Based Compensation Expense Recognized [Line Items]
Share-based compensation expenses	709	792	1,475	1,404
General and Administrative Expenses [Member]
Share Based Compensation Expense Recognized [Line Items]
Share-based compensation expenses	1,905	7,302	2,378	13,544
Spin-off Transaction Costs [Member]
Share Based Compensation Expense Recognized [Line Items]
Share-based compensation expenses			5,409
Discontinued Operations [Member]
Share Based Compensation Expense Recognized [Line Items]
Share-based compensation expenses		1,225	15,713	1,683
Share-based compensation capitalized in intangible assets		202	181	393
Continuing Operations [Member]
Share Based Compensation Expense Recognized [Line Items]
Share-based compensation capitalized in intangible assets	$ 124	$ 133	$ 283	$ 188

Segment information - Additiona

Segment information - Additional Information (Detail) - Segment	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Revenue [Member] | Outside of United States [Member] | Maximum [Member]
Segment Reporting Information [Line Items]
Revenue	10.00%	10.00%	10.00%	10.00%
Prior to Spin-off of Red Violet [Member]
Segment Reporting Information [Line Items]
Number of reportable segments			2
After Spin-off of Red Violet [Member]
Segment Reporting Information [Line Items]
Number of reportable segments			1

Related party transactions - Ad

Related party transactions - Additional Information (Detail) - USD ($) $ in Thousands	Mar. 26, 2018	Mar. 12, 2018	Sep. 06, 2017	Aug. 01, 2015	Oct. 14, 2014	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017	Dec. 08, 2015
Related Party Transaction [Line Items]
Promissory notes, interest rate													10.00%
Promissory notes													$ 10,000
Principal and accrued interest of long-term debt												$ 62,963
Cash paid for interest										$ 3,342	$ 3,195
Payment of principal and accrued interest of long-term debt										67,982	2,636
Share-based compensation expense										9,262	14,948
DAB Management Group Inc. [Member]
Related Party Transaction [Line Items]
Consulting service fees payable				$ 20		$ 0		$ 60		60	120
Michael Brauser, Chairman of the Board [Member]
Related Party Transaction [Line Items]
Accelerated share-based compensation expense							$ 6,468
Promissory notes													4,000
Principal and accrued interest of long-term debt												4,460
Cash paid for interest								426	$ 426		426
Payment of principal and accrued interest of long-term debt	$ 4,570
Business consulting services agreement period			4 years
Consulting services agreement effective date			Jun. 23, 2017
Share-based compensation expense						302				$ 302
Shares accelerated							2,500,000
Another Investor [Member]
Related Party Transaction [Line Items]
Promissory notes													1,000
Principal and accrued interest of long-term debt												1,115
Cash paid for interest								107	107		107
Payment of principal and accrued interest of long-term debt	1,143
Marlin Capital Investments, LLC [Member]
Related Party Transaction [Line Items]
Number of common stock shares to be received by RSU holder										2,000,000
Frost Gamma Investments Trust [Member]
Related Party Transaction [Line Items]
Promissory notes													$ 5,000
Principal and accrued interest of long-term debt												$ 5,574
Cash paid for interest								533	$ 533		533
Payment of principal and accrued interest of long-term debt	$ 5,713
Restricted Stock Units [Member] | Michael Brauser, Chairman of the Board [Member]
Related Party Transaction [Line Items]
Accelerated share-based compensation expense							$ 6,468
Shares accelerated		2,500,000
Restricted Stock Units [Member] | Marlin Capital Investments, LLC [Member]
Related Party Transaction [Line Items]
Shares vested beginning date					Oct. 13, 2015					Oct. 13, 2015
Share-based compensation expense (Benefit)						$ (1,792)		$ 311		$ (1,792)	$ 619
Restricted share units, vested		500,000
Accelerated share-based compensation expense							$ 906
Shares accelerated							500,000

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - USD ($)	Jul. 09, 2018	Nov. 30, 2017	Jun. 30, 2018	Dec. 31, 2017
Subsequent Event [Line Items]
Common stock, par value			$ 0.0005	$ 0.0005
Warrant [Member]
Subsequent Event [Line Items]
Issuance of common shares upon exercise of warrants, shares		300,000
Warrant [Member] | Red Violet, Inc. [Member] | Subsequent Event [Member] | Spin-off [Member]
Subsequent Event [Line Items]
Issuance of shares, net of offering costs, shares	40,000
Sale of shares in private placement	$ 200,000
Whitehorse Warrants
Subsequent Event [Line Items]
Minimum share price to transfer common stock underlying warrants		$ 4.50
Whitehorse Warrants | Subsequent Event [Member]
Subsequent Event [Line Items]
Minimum share price to transfer common stock underlying warrants	$ 3.8334
Whitehorse Warrants | Subsequent Event [Member] | Put Rights [Member]
Subsequent Event [Line Items]
Exercise price of warrants	$ 3.8334
Whitehorse Warrants | H.I.G. Whitehorse SMA ABF, L.P. [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Warrant rights exercisable	46,667
Common stock, par value	$ 0.0005
Exercise price of warrants	$ 3
Whitehorse Warrants | H.I.G. Whitehorse SMA Holdings I, LLC [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Warrant rights exercisable	66,666
Exercise price of warrants	$ 3
Whitehorse Warrants | Whitehorse Finance, Inc. [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Warrant rights exercisable	186,667
Exercise price of warrants	$ 3