Eterna Therapeutics (ERNA) 10-Q 14 Aug 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Jun. 30, 2014	Aug. 11, 2014
Document And Entity Information	'	'
Entity Registrant Name	'NTN BUZZTIME INC	'
Entity Central Index Key	'0000748592	'
Document Type	'10-Q	'
Document Period End Date	30-Jun-14	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Is Entity a Well-known Seasoned Issuer?	'No	'
Is Entity a Voluntary Filer?	'No	'
Is Entity's Reporting Status Current?	'Yes	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	91,721,877
Document Fiscal Period Focus	'Q2	'
Document Fiscal Year Focus	'2014	'

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2014	Dec. 31, 2013
Current Assets:	'	'
Cash and cash equivalents	$11,164,000	$5,455,000
Accounts receivable, net of allowances of $300 (unaudited) and $184, respectively	884,000	641,000
Prepaid expenses and other current assets	3,407,000	1,822,000
Total current assets	15,455,000	7,918,000
Broadcast equipment and fixed assets, net	3,423,000	3,237,000
Software development costs, net of accumulated amortization of $2,825 (unaudited) and $2,371, respectively	1,477,000	2,317,000
Deferred costs	908,000	562,000
Goodwill (Note 3)	1,181,000	1,179,000
Intangible assets, net (Note 3)	48,000	160,000
Other assets	84,000	84,000
Total assets	22,576,000	15,457,000
Current Liabilities:	'	'
Accounts payable	797,000	553,000
Accrued compensation	613,000	647,000
Accrued expenses	730,000	660,000
Sales taxes payable	165,000	181,000
Income taxes payable	61,000	81,000
Notes payable - current portion (Note 7)	1,454,000	631,000
Obligations under capital lease - current portion	27,000	25,000
Deferred revenue	1,374,000	593,000
Other current liabilities	153,000	237,000
Total current liabilities	5,374,000	3,608,000
Notes payable, excluding current portion	2,265,000	962,000
Obligations under capital leases, excluding current portion	44,000	58,000
Deferred revenue, excluding current portion	412,000	798,000
Deferred rent	765,000	829,000
Total liabilities	8,860,000	6,255,000
Commitments and contingencies (Note 8)	'	'
Shareholders' Equity:	'	'
Series A 10% cumulative convertible preferred stock, $.005 par value, $156 liquidation preference, 5,000 shares authorized; 156 shares issued and outstanding at June 30, 2014 and December 31, 2013.	1,000	1,000
Common stock, $.005 par value, 168,000 shares authorized; 91,663 and 78,649 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively.	458,000	393,000
Treasury stock, at cost, 503 shares at June 30, 2014 and December 31, 2013, respectively	-456,000	-456,000
Additional paid-in capital	127,881,000	121,432,000
Accumulated deficit	-114,804,000	-112,799,000
Accumulated other comprehensive income (Note 9)	636,000	631,000
Total shareholders' equity	13,716,000	9,202,000
Total liabilities and shareholders' equity	$22,576,000	$15,457,000

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Statement of Financial Position [Abstract]	'	'
Allowance for doubtful accounts - accounts receivable	$300	$184
Software accumulated amortization	$2,825	$2,371
Preferred Stock Series A par value per share	$0.01	$0.01
Preferred Stock Series A liquidation preference	$156	$156
Preferred Stock Series A shares authorized	5,000,000	5,000,000
Preferred Stock Series A shares outstanding	156,000	156,000
Preferred stock shares issued	156,000	156,000
Common stock par value	$0.01	$0.01
Common stock shares authorized	168,000,000	168,000,000
Common stock shares issued	91,663,000	78,649,000
Common stock shares outstanding	91,663,000	78,649,000
Treasury stock shares	503,000	503,000

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Income Statement [Abstract]	'	'	'	'
Revenues	$6,873	$5,532	$13,291	$11,648
Operating expenses:	'	'	'	'
Direct costs (includes depreciation and amortization of $539 and $514 for the three months ended June 30, 2014 and 2013, respectively, and $1,072 and $1,104 for the six months ended June 30, 2014 and 2013, respectively.)	2,806	1,485	5,336	3,485
Selling, general and administrative	4,577	3,955	8,945	8,173
Impairment of capitalized software (Note 4)	639	27	661	92
Depreciation and amortization (excluding depreciation and amortization included in direct operating costs)	151	180	303	379
Total operating expenses	8,173	5,647	15,245	12,129
Operating loss	-1,300	-115	-1,954	-481
Other (expense) income, net	-51	21	-36	26
Loss before income taxes	-1,351	-94	-1,990	-455
Benefit (provision) for income taxes	3	-5	-7	-13
Net loss	-1,348	-99	-1,997	-468
Net loss per common share - basic and diluted	($0.02)	$0	($0.02)	($0.01)
Weighted average shares outstanding - basic and diluted	88,831,000	71,062,000	83,534,000	70,962,000
Comprehensive loss	'	'	'	'
Net loss	-1,348	-99	-1,997	-468
Foreign currency translation adjustment	67	-65	4	-107
Total comprehensive loss	($1,281)	($164)	$1,993	($575)

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Parenthetical) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Income Statement [Abstract]	'	'	'	'
Depreciation and amortization - part of Direct operating costs	$539	$514	$1,072	$1,104

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Cash flows (used in) provided by operating activities:	'	'
Net loss	($1,997,000)	($468,000)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:	'	'
Depreciation and amortization	1,375,000	1,483,000
Provision for doubtful accounts	41,000	11,000
Stock-based compensation	111,000	53,000
Issuance of common stock to consultant in lieu of cash payment	30,000	0
Impairment of capitalized software	661,000	92,000
Loss from disposition of equipment	1,000	0
Changes in assets and liabilities:	'	'
Accounts receivable	-285,000	120,000
Prepaid expenses and other assets	-2,074,000	-360,000
Accounts payable and accrued liabilities	182,000	-333,000
Income taxes payable	-20,000	-10,000
Deferred costs	-346,000	151,000
Deferred revenue	395,000	-372,000
Deferred rent	-64,000	-56,000
Net cash (used in) provided by operating activities	-1,990,000	311,000
Cash flows used in investing activities:	'	'
Capital expenditures	-485,000	-250,000
Software development expenditures	-295,000	-794,000
Net cash used in investing activities	-780,000	-1,044,000
Cash flows provided by (used in) financing activities:	'	'
Proceeds from public offering of common stock, net	6,369,000	0
Proceeds from notes payable	3,023,000	128,000
Payments on notes payable	-898,000	-20,000
Principal payments on capital lease	-12,000	-72,000
Proceeds from exercise of stock options	23,000	0
Tax withholding related to net-share settlements of restricted stock units	-27,000	-7,000
Net cash provided by financing activities	8,478,000	29,000
Net increase (decrease) in cash and cash equivalents	5,708,000	-704,000
Effect of exchange rate on cash	1,000	-44,000
Cash and cash equivalents at beginning of period	5,455,000	2,721,000
Cash and cash equivalents at end of period	11,164,000	1,973,000
Cash paid during the period for:	'	'
Interest	67,000	12,000
Income taxes	29,000	23,000
Supplemental disclosure of non-cash investing and financing activities:	'	'
Site equipment transferred to fixed assets	490,000	35,000
Issuance of common stock in lieu of payment of preferred dividends	8,000	8,000
Issuance of common stock in connection with acquisition	$0	$1,000

1_BASIS_OF_PRESENTATION

1. BASIS OF PRESENTATION	6 Months Ended
	Jun. 30, 2014
Accounting Policies [Abstract]	'
BASIS OF PRESENTATION	'
	Description of Business
	NTN Buzztime, Inc. (the “Company”), provides an entertainment and marketing services platform for hospitality venues that offer games, events, and entertainment experiences to their consumers. The Company’s interactive entertainment network helps its network subscribers to acquire, engage and retain their consumers. The Company generates revenues by charging subscription fees for its service to its network subscribers, leasing equipment (including tablets used in its Buzztime Entertainment on Demand, or BEOND, line and the cases and charging trays for such tablets) to certain network subscribers, hosting live trivia events, and from selling advertising aired on in-venue screens and as part of customized games. During 2014, the Company expects to begin generating revenue directly from the consumers of certain network subscribers by offering premium products via the BEOND platform in addition to offering the games that the Company has historically provided to consumers for free. Currently, over 3,100 venues in the U.S. and Canada subscribe to the Company’s interactive entertainment network.
	The Company was incorporated in Delaware in 1984 as Alroy Industries and changed its name to NTN Communications, Inc. in 1985. The Company changed its name to NTN Buzztime, Inc. in 2005 to better reflect the growing role of the Buzztime consumer brand.
	Basis of Accounting Presentation
	The accompanying unaudited interim condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States (GAAP) for interim financial statements and with the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, the accompanying condensed consolidated financial statements include all adjustments that are necessary, which are of a normal and recurring nature, for a fair presentation for the periods presented of the financial position, results of operations and cash flows of the Company and its wholly-owned subsidiaries: IWN, Inc., IWN, L.P., Buzztime Entertainment, Inc., NTN Wireless Communications, Inc., NTN Software Solutions, Inc., NTN Canada, Inc., and NTN Buzztime, Ltd., all of which, other than NTN Canada, Inc., are dormant subsidiaries. All significant intercompany transactions have been eliminated in consolidation.
	These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto contained in the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2013. The accompanying condensed balance sheet as of December 31, 2013 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by GAAP for complete financial statements. The results of operations for the three and six months ended June 30, 2014 are not necessarily indicative of the results to be anticipated for the entire year ending December 31, 2014, or any other period.
	The United States dollar is the Company’s functional currency, except for its operations in Canada where the functional currency is the Canadian dollar. The financial position and results of operations of the Company’s foreign subsidiaries are measured using the foreign subsidiary’s local currency as the functional currency. In accordance with ASC No. 830, Foreign Currency Matters, revenues and expenses of the Company’s foreign subsidiaries have been translated into U.S. dollars at weighted average exchange rates prevailing during the period. Assets and liabilities have been translated at the rates of exchange on the balance sheet date. The resulting translation gain and loss adjustments are recorded as a separate component of shareholders’ equity, unless there is a sale or complete liquidation of the underlying foreign investments. Transaction gains and losses that arise from exchange rate fluctuations on transactions denominated in a currency other than the functional currency are included in the results of operations as incurred. For the three months ended June 30, 2014 and 2013, the Company recorded $27,000 in foreign currency losses and $8,000 in foreign currency gains, respectively, and for the six months ended June 30, 2014 and 2013, the Company recorded $3,000 in foreign currency losses and $15,000 in foreign currency gains, respectively, due to settlements of intercompany transactions, re-measurement of intercompany balances with the Company’s Canadian subsidiary and other non-functional currency denominated transactions, which are included in other income, net in the accompanying statements of operations. Exchange rate fluctuations between the United States dollar and Canadian dollar may affect the Company’s results of operations and period-to-period comparisons of its operating results. The Company does not currently engage in hedging or similar transactions to reduce these risks. For the three and six months ended June 30, 2014, the net impact to the Company’s results of operations from the effect of exchange rate fluctuations was immaterial.
	Reclassifications
	The Company reclassified the consolidated statement of cash flows for the six months ended June 30, 2013 to conform to the 2014 presentation.

2_BASIC_AND_DILUTED_EARNINGS_P

2. BASIC AND DILUTED EARNINGS PER COMMON SHARE	6 Months Ended
	Jun. 30, 2014
Earnings Per Share [Abstract]	'
BASIC AND DILUTED EARNINGS PER COMMON SHARE	'
	The Company computes basic and diluted earnings per common share in accordance with the provisions of ASC No. 260, Earnings per Share. Basic earnings per share excludes the dilutive effects of options, warrants and other convertible securities. Diluted earnings per share reflects the potential dilution of securities that could share in the Company’s earnings. The total number of shares of the Company’s common stock subject to options, warrants, convertible preferred stock and restricted stock units that were excluded from computing diluted net loss per common share was approximately 10,482,000 and 7,574,000 shares as of June 30, 2014 and 2013, respectively, as their effect was anti-dilutive.

3_GOODWILL_AND_OTHER_INTANGIBL

3. GOODWILL AND OTHER INTANGIBLE ASSETS	6 Months Ended
	Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
GOODWILL AND OTHER INTANGIBLE ASSETS	'
	Goodwill
	The Company’s goodwill balance relates to the purchase of NTN Canada. The Company performed its quarterly qualitative assessment of goodwill impairment for NTN Canada as of June 30, 2014 and determined that there were no indications of impairment.
	Other Intangible Assets
	The Company has other intangible assets comprised predominantly of developed technology, trivia databases, trademarks, and acquired customer relationships. All intangible assets are amortized on a straight line basis. The useful lives of the assets reflect the estimated period of time and method by which the underlying intangible asset benefits will be realized. Amortization expense relating to all intangible assets totaled $46,000 and $105,000 for the three months ended June 30, 2014 and 2013, respectively, and $112,000 and $215,000 for the six months ended June 30, 2014 and 2013, respectively.

4_SOFTWARE_DEVELOPMENT_COSTS

4. SOFTWARE DEVELOPMENT COSTS	6 Months Ended
	Jun. 30, 2014
Software Development Costs	'
SOFTWARE DEVELOPMENT COSTS	'
	The Company capitalizes costs related to the development of certain of its software products in accordance with ASC No. 350, Intangibles – Goodwill and Other. Amortization expense relating to capitalized software development costs totaled $232,000 and $205,000 for the three months ended June 30, 2014 and 2013, respectively, and $454,000 and $450,000 for the six months ended June 30, 2014 and 2013, respectively. As of June 30, 2014 and December 31, 2013, approximately $848,000 and $934,000, respectively, of capitalized software costs were not subject to amortization as the development of various software projects was not complete.
	The Company performed its quarterly review of software development projects for the three months ended June 30, 2014 and determined to abandon certain software development projects that it concluded were no longer a current strategic fit or for which the Company determined that the marketability of the content had decreased due to obtaining additional information regarding the specific purpose for which the content was intended. As a result, the Company recognized impairment losses of $639,000 and $661,000 for the three and six months ended June 30, 2014. The Company recognized impairment losses of $27,000 and $92,000 for the three and six months ended June 30, 2013.

5_FAIR_VALUE_OF_FINANCIAL_INST

5. FAIR VALUE OF FINANCIAL INSTRUMENTS	6 Months Ended
	Jun. 30, 2014
Fair Value Disclosures [Abstract]	'
FAIR VALUE OF FINANCIAL INSTRUMENTS	'
	ASC No. 820, Fair Value Measurements and Disclosures, applies to certain assets and liabilities that are being measured and reported on a fair value basis.  Broadly, the ASC No. 820 framework requires fair value to be determined based on the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants.  ASC No. 820 also establishes a fair value hierarchy for ranking the quality and reliability of the information used to determine fair values. This hierarchy is as follows:
	Level 1: Quoted market prices in active markets for identical assets or liabilities.
	Level 2: Observable market based inputs or unobservable inputs that are corroborated by market data.
	Level 3: Unobservable inputs that are not corroborated by market data.
	Assets and Liabilities that are Measured at Fair Value on a Recurring Basis:
	The Company does not have assets or liabilities that are measured at fair value on a recurring basis.
	Assets and Liabilities that are Measured at Fair Value on a Nonrecurring Basis:
	Certain assets are measured at fair value on a non-recurring basis and are subject to fair value adjustments only in certain circumstances. Included in this category are goodwill written down to fair value when determined to be impaired, acquired assets and long-lived assets including capitalized software that are written down to fair value when they are held for sale or determined to be impaired.  The valuation methods for goodwill, assets and liabilities resulting from acquisitions, and long-lived assets involve assumptions concerning interest and discount rates, growth projections, and/or other assumptions of future business conditions.  As all of the assumptions employed to measure these assets and liabilities on a nonrecurring basis are based on management’s judgment using internal and external data, these fair value determinations are classified in Level 3 of the valuation hierarchy.
	There were no transfers between fair value measurement levels during the three and six months ended June 30, 2014.

6_STOCKBASED_COMPENSATION

6. STOCK-BASED COMPENSATION	6 Months Ended
	Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
STOCK-BASED COMPENSATION	'
	The Company records stock-based compensation in accordance with ASC No. 718, Compensation – Stock Compensation and ASC No. 505-50, Equity – Equity-Based Payments to Non-Employees. The Company estimates the fair value of stock options using the Black-Scholes option pricing model. The fair value of stock options granted is recognized as expense over the requisite service period. Stock-based compensation expense for share-based payment awards to employees is recognized using the straight-line single-option method. Stock-based compensation expense for share-based payment awards to non-employees is recorded at its fair value on the grant date and is periodically re-measured as the underlying awards vest.
	The Company uses the historical stock price volatility as an input to value its stock options under ASC No. 718. The expected term of stock options represents the period of time options are expected to be outstanding and is based on observed historical exercise patterns of the Company, which the Company believes are indicative of future exercise behavior. For the risk-free interest rate, the Company uses the observed interest rates appropriate for the term of time options are expected to be outstanding. The dividend yield assumption is based on the Company’s history and expectation of dividend payouts.
	The following weighted-average assumptions were used for grants issued during the three and six months ended June 30, 2014 and 2013 under the ASC No. 718 requirements.
		Three months ended June 30,		Six months ended June 30,
		2014	2013	2014	2013
	Weighted-average risk-free rate	1.26%	0.55%	1.25%	0.56%
	Weighted-average volatility	81.42%	79.47%	81.62%	79.80%
	Dividend yield	0.00%	0.00%	0.00%	0.00%
	Expected life	4.89 years	4.92 years	4.75 years	4.82 years
	ASC No. 718 requires forfeitures to be estimated at the time of grant and revised if necessary in subsequent periods if actual forfeiture rates differ from those estimates. Forfeitures were estimated based on historical activity for the Company. Stock-based compensation expense for the three months ended June 30, 2014 and 2013 was $60,000 and $27,000, respectively, and $111,000 and $53,000 for the six months ended June 30, 2014 and 2013, respectively, and is expensed in selling, general and administrative expenses and credited to additional paid-in-capital. The Company granted stock options to purchase 650,000 and 798,000 shares of common stock during the three months ended June 30, 2014 and 2013, respectively, and stock options to purchase 1,500,000 and 1,128,000 shares of common stock during the six months ended June 30, 2014 and 2013, respectively.
	The total intrinsic value of options exercised during the three and six months ended June 30, 2014 was approximately $32,000 and $39,000, respectively. During the three and six months ended June 30, 2014, the Company received approximately $17,000 and $23,000, respectively, in cash payments for the exercise of options to purchase approximately 18,000 and 98,000 shares, respectively. The total intrinsic value of options exercised during the six months ended June 30, 2013 was approximately $2,000. Pursuant to the Company’s 2004 and 2010 Performance Incentive Plans, stock option exercises may be made on a net-exercise arrangement, where shares of common stock are withheld in the amount of the exercise price as payment of the exercise price instead of cash. Under such net-exercise arrangements, options to purchase approximately 15,000 shares of common stock were exercised and approximately 6,000 shares of common stock were issued. There were no options exercises for the three months ended June 30, 2013.

7_NOTES_PAYABLE

7. NOTES PAYABLE	6 Months Ended
	Jun. 30, 2014
Debt Disclosure [Abstract]	'
NOTES PAYABLE	'
	In May 2013, the Company entered into a financing agreement with a lender under which the Company may borrow up to $500,000 to purchase certain equipment. Over time, the lender has increased the maximum amount the Company may borrow, and as of June 30, 2014, the maximum amount was $5,700,000. The Company may borrow up to the maximum amount in tranches as needed. Each tranche bears interest at 8.32% per annum. With respect to the first $1,000,000 in the aggregate borrowed, principal and interest payments are due in 36 equal monthly installments. With respect to amounts borrowed in excess of the first $1,000,000 in the aggregate, the first monthly payment will be equal to 24% of the principal amount outstanding, and the remaining principal and interest due are payable in 35 equal monthly installments. The Company granted the lender a first security interest in the equipment purchased with the funds borrowed. Through June 30, 2014, the Company borrowed approximately $4,622,000 of the $5,700,000 maximum amount available. As of June 30, 2014, $3,712,000 remained outstanding, which reflects payments made through June 30, 2014.
	In July 2011, the Company entered into an equipment financing agreement with a bank in the amount of $123,000, which is recorded in short-term and long-term notes payable on the accompanying consolidated balance sheet. The amounts borrowed were used to finance certain equipment purchases and other services related to the relocation of the Company’s Carlsbad, California office. The amount borrowed bears interest at 5.85% per annum and is collateralized by a first priority security interest in the equipment purchased. The amount borrowed is payable over a 36 month period in equal payments of $3,705, which includes interest, until fully paid in August 2014. As of June 30, 2014, approximately $7,000 remained outstanding.

8_COMMITMENTS_AND_CONTINGENCIE

8. COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
COMMITMENTS AND CONTINGENCIES	'
	From time to time, state tax authorities will make inquiries as to whether or not a portion of the Company’s services require the collection of sales and use taxes from customers in those states. Many states have expanded their interpretation of their sales and use tax statutes to subject more activities to tax. The Company evaluates such inquiries on a case-by-case basis and has favorably resolved the majority of these tax issues in the past without any material adverse consequences.
	The Company is involved in ongoing sales tax inquiries with certain states and provinces. As a result of those inquiries, the Company recorded a total net liability of $27,000 as of June 30, 2014 and December 31, 2013, which is included in the sales taxes payable balance in the accompanying consolidated balance sheets. Based on the guidance set forth by ASC No. 450, Contingencies, management has determined that the likelihood that the Company will be required to pay all or part of these assessments is reasonably possible.

9_ACCUMULATED_OTHER_COMPREHENS

9. ACCUMULATED OTHER COMPREHENSIVE INCOME	6 Months Ended
	Jun. 30, 2014
Stockholders' Equity Note [Abstract]	'
ACCUMULATED OTHER COMPREHENSIVE INCOME	'
	Accumulated other comprehensive income includes the accumulated gains or losses from foreign currency translation adjustments. The Company translated the assets and liabilities of its Canadian statement of financial position into U.S. dollars using the period end exchange rate. Revenue and expenses were translated using the weighted-average exchange rates for the reporting period. As of June 30, 2014 and December 31, 2013, $636,000 and $631,000 of foreign currency translation adjustments were recorded in accumulated other comprehensive income, respectively.

10_RECENT_ACCOUNTING_PRONOUNCE

10. RECENT ACCOUNTING PRONOUNCEMENTS	6 Months Ended
	Jun. 30, 2014
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]	'
RECENT ACCOUNTING PRONOUNCEMENTS	'
	In June 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standard Update (“ASU”) No. 2014-12, Compensation – Stock Compensation (Topic 781): Accounting for Share-Based Payments When the Terms of an Award Provide that a Performance Target Could be Achieved after the Requisite Service Period. This update requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. As such, the performance target should not be reflected in estimating the grant date fair value of the award. This update further clarifies that compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the periods for which the requisite service has already been rendered. This update is effective for annual reporting periods (including interim reporting periods within those periods) beginning after December 15, 2015, which for the Company is January 1, 2016; early adoption is permitted. Entities may apply the amendments in this update either (a) prospectively to all awards granted or modified after the effective date or (b) retrospectively to all awards with performance targets that are outstanding as of the beginning of the earliest annual period presented in the financial statements and to all new or modified awards thereafter. The Company does not anticipate that the adoption of this update will have a material impact on its consolidated financial statements.
	In May 2014, FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606). This update outlines a new, single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including industry-specific guidance. This new revenue recognition model provides a five-step analysis in determining when and how revenue is recognized. The new model will require revenue recognition to depict the transfer of promised goods or services to customers in an amount that reflects the consideration a company expects to receive in exchange for those goods or services. This new guidance is effective for annual reporting periods (including interim reporting periods within those periods) beginning after December 15, 2016, which for the Company is January 1, 2017; early adoption is not permitted. Entities have the option of using either a full retrospective or a modified approach to adopting the guidance. The Company has not yet selected a transition approach and is currently assessing the impact that adopting this new accounting guidance will have on its consolidated financial statements.
	In April 2014, the FASB issued ASU No. 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360). This update provides guidance on recognizing and disclosing discontinued operations. The update is effective for fiscal years, and interim periods within those years, beginning after December 15, 2014, which for the Company is January 1, 2015. The Company does not anticipate that adopting this update will have a material impact to the Company’s consolidated financial statements.

11_CONCENTRATIONS_OF_RISK

11. CONCENTRATIONS OF RISK	6 Months Ended
	Jun. 30, 2014
Risks and Uncertainties [Abstract]	'
CONCENTRATIONS OF RISK	'
	Significant Customer
	The Company generated approximately $3,100,000 and $1,476,000 for the three months ended June 30, 2014 and 2013, respectively, and approximately $5,746,000 and $2,965,000 for the six months ended June 30, 2014 and 2013, respectively, of total revenue from Buffalo Wild Wings company-owned restaurants and Buffalo Wild Wings franchised restaurants combined. The Company generates such revenue through orders submitted by each of the individual restaurants. As of June 30, 2014 and December 31, 2013, approximately $370,000 and $259,000, respectively, was included in accounts receivable from Buffalo Wild Wings company-owned restaurants and Buffalo Wild Wings franchised restaurants.
	Equipment Suppliers
	The tablet used in the Company’s BEOND product line is manufactured by one unaffiliated third party. The Company currently purchases the BEOND tablets from unaffiliated third parties, and it currently purchases tablet playmaker equipment (consisting of cases and charging trays for the tablet playmaker) from an unaffiliated manufacturer located in China. The Company currently purchases its Classic playmakers from an unaffiliated manufacturer located in Taiwan pursuant to a supply agreement, the term of which automatically renews for one year periods unless the agreement is terminated in advance of the automatic renewal by either party. The Company currently does not have an alternative manufacturer of the tablet or an alternative device to the tablet or alternative manufacturing sources for its tablet playmaker equipment or Classic playmakers.
	As of June 30, 2014 and December 31, 2013, approximately $135,000 and $32,000, respectively, were included in accounts payable or accrued expenses for equipment suppliers.

12_GEOGRAPHICAL_INFORMATION

12. GEOGRAPHICAL INFORMATION	6 Months Ended
	Jun. 30, 2014
Segments, Geographical Areas [Abstract]	'
GEOGRAPHICAL INFORMATION	'
	Geographic breakdown of the Company’s revenue for the three and six months ended June 30, 2014 and 2013 is as follows:
		Three months ended				Six months ended
		June 30,				June 30,
		2014		2013		2014		2013
	United States	$	6,617,000	$	5,213,000	$	12,772,000	$	10,984,000
	Canada		256,000		319,000		519,000		664,000
	Total revenue	$	6,873,000	$	5,532,000	$	13,291,000	$	11,648,000
	Geographic breakdown of the Company’s long-term tangible assets as of June 30, 2014 and December 31, 2013 is as follows:
		June 30,		December 31,
		2014		2013
	United States	$	3,400,000	$	3,220,000
	Canada		23,000		17,000
	Total assets	$	3,423,000	$	3,237,000

13_PUBLIC_OFFERING_OF_COMMON_S

13. PUBLIC OFFERING OF COMMON STOCK	6 Months Ended
	Jun. 30, 2014
Shareholders' Equity:	'
PUBLIC OFFERING OF COMMON STOCK	'
	On April 11, 2014, the Company entered into an underwriting agreement with Roth Capital Partners, LLC, as representative of several underwriters, relating to the issuance and sale of 11,100,000 shares of the Company’s common stock at a public offering price of $0.55 per share.
	Under the terms of the underwriting agreement, the underwriters agreed to purchase the common stock at a discounted price of $0.5115 per share, representing a 7% discount to the public offering price. The Company also granted the underwriters a 30-day over-allotment option to purchase up to an additional 1,665,000 shares of common stock at the public offering price, less underwriting discounts, to cover over-allotments, if any, made in connection with the offering.
	On April 16, 2014, the Company issued 11,100,000 shares of common stock to the underwriters and received gross proceeds of $6,105,000. On April 17, 2014, the underwriters exercised their over-allotment option to purchase an additional 1,665,000 shares of common stock, and the Company received additional gross proceeds of $915,750 for such issuance. The net proceeds to the Company were approximately $6,369,000, after deducting underwriting discounts and estimated offering expenses payable by the Company.

1_BASIS_OF_PRESENTATION_Polici

1. BASIS OF PRESENTATION (Policies)	6 Months Ended
	Jun. 30, 2014
Accounting Policies [Abstract]	'
Description of Business	'
	Description of Business
	NTN Buzztime, Inc. (the “Company”), provides an entertainment and marketing services platform for hospitality venues that offer games, events, and entertainment experiences to their consumers. The Company’s interactive entertainment network helps its network subscribers to acquire, engage and retain their consumers. The Company generates revenues by charging subscription fees for its service to its network subscribers, leasing equipment (including tablets used in its Buzztime Entertainment on Demand, or BEOND, line and the cases and charging trays for such tablets) to certain network subscribers, hosting live trivia events, and from selling advertising aired on in-venue screens and as part of customized games. During 2014, the Company expects to begin generating revenue directly from the consumers of certain network subscribers by offering premium products via the BEOND platform in addition to offering the games that the Company has historically provided to consumers for free. Currently, over 3,100 venues in the U.S. and Canada subscribe to the Company’s interactive entertainment network.
	The Company was incorporated in Delaware in 1984 as Alroy Industries and changed its name to NTN Communications, Inc. in 1985. The Company changed its name to NTN Buzztime, Inc. in 2005 to better reflect the growing role of the Buzztime consumer brand.
Basis of Accounting Presentation	'
	Basis of Accounting Presentation
	The accompanying unaudited interim condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States (GAAP) for interim financial statements and with the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, the accompanying condensed consolidated financial statements include all adjustments that are necessary, which are of a normal and recurring nature, for a fair presentation for the periods presented of the financial position, results of operations and cash flows of the Company and its wholly-owned subsidiaries: IWN, Inc., IWN, L.P., Buzztime Entertainment, Inc., NTN Wireless Communications, Inc., NTN Software Solutions, Inc., NTN Canada, Inc., and NTN Buzztime, Ltd., all of which, other than NTN Canada, Inc., are dormant subsidiaries. All significant intercompany transactions have been eliminated in consolidation.
	These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto contained in the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2013. The accompanying condensed balance sheet as of December 31, 2013 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by GAAP for complete financial statements. The results of operations for the three and six months ended June 30, 2014 are not necessarily indicative of the results to be anticipated for the entire year ending December 31, 2014, or any other period.
	The United States dollar is the Company’s functional currency, except for its operations in Canada where the functional currency is the Canadian dollar. The financial position and results of operations of the Company’s foreign subsidiaries are measured using the foreign subsidiary’s local currency as the functional currency. In accordance with ASC No. 830, Foreign Currency Matters, revenues and expenses of the Company’s foreign subsidiaries have been translated into U.S. dollars at weighted average exchange rates prevailing during the period. Assets and liabilities have been translated at the rates of exchange on the balance sheet date. The resulting translation gain and loss adjustments are recorded as a separate component of shareholders’ equity, unless there is a sale or complete liquidation of the underlying foreign investments. Transaction gains and losses that arise from exchange rate fluctuations on transactions denominated in a currency other than the functional currency are included in the results of operations as incurred. For the three months ended June 30, 2014 and 2013, the Company recorded $27,000 in foreign currency losses and $8,000 in foreign currency gains, respectively, and for the six months ended June 30, 2014 and 2013, the Company recorded $3,000 in foreign currency losses and $15,000 in foreign currency gains, respectively, due to settlements of intercompany transactions, re-measurement of intercompany balances with the Company’s Canadian subsidiary and other non-functional currency denominated transactions, which are included in other income, net in the accompanying statements of operations. Exchange rate fluctuations between the United States dollar and Canadian dollar may affect the Company’s results of operations and period-to-period comparisons of its operating results. The Company does not currently engage in hedging or similar transactions to reduce these risks. For the three and six months ended June 30, 2014, the net impact to the Company’s results of operations from the effect of exchange rate fluctuations was immaterial.
Reclassifications	'
	Reclassifications
	The Company reclassified the consolidated statement of cash flows for the six months ended June 30, 2013 to conform to the 2014 presentation.

6_STOCKBASED_COMPENSATION_Tabl

6. STOCK-BASED COMPENSATION (Tables)	6 Months Ended
	Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Weighted-Average Assumptions of Stock Based Compensation	'
		Three months ended June 30,		Six months ended June 30,
		2014	2013	2014	2013
	Weighted-average risk-free rate	1.26%	0.55%	1.25%	0.56%
	Weighted-average volatility	81.42%	79.47%	81.62%	79.80%
	Dividend yield	0.00%	0.00%	0.00%	0.00%
	Expected life	4.89 years	4.92 years	4.75 years	4.82 years

12_GEOGRAPHICAL_INFORMATION_Ta

12. GEOGRAPHICAL INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2014
Segments, Geographical Areas [Abstract]	'
Geographic breakdown of revenue	'
		Three months ended				Six months ended
		June 30,				June 30,
		2014		2013		2014		2013
	United States	$	6,617,000	$	5,213,000	$	12,772,000	$	10,984,000
	Canada		256,000		319,000		519,000		664,000
	Total revenue	$	6,873,000	$	5,532,000	$	13,291,000	$	11,648,000
Geographic breakdown of long-term tangible assets	'
		June 30,		December 31,
		2014		2013
	United States	$	3,400,000	$	3,220,000
	Canada		23,000		17,000
	Total assets	$	3,423,000	$	3,237,000

1_BASIS_OF_PRESENTATION_Detail

1. BASIS OF PRESENTATION (Details Narrative) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Accounting Policies [Abstract]	'	'	'	'
Gain (Loss) on foreign currency	($27)	$8	($3)	$15

2_BASIC_AND_DILUTED_EARNINGS_P1

2. BASIC AND DILUTED EARNINGS PER COMMON SHARE (Details Narrative)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Earnings Per Share [Abstract]	'	'
Options, warrants, convertible preferred stock and restricted stock units excluded from per share calculation	10,482,000	7,574,000

3_GOODWILL_AND_OTHER_INTANGIBL1

3. GOODWILL AND OTHER INTANGIBLE ASSETS (Details Narrative) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'	'	'	'
Amortization expense relating to all intangible assets	$46,000	$105,000	$112,000	$215,000

4_SOFTWARE_DEVELOPMENT_COSTS_D

4. SOFTWARE DEVELOPMENT COSTS (Details Narrative) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Software Development Costs	'	'	'	'	'
Amortization expense related to capitalized software development costs	$232,000	$205,000	$454,000	$450,000	'
Capitalized software costs were not subject to amortization	848,000	'	848,000	'	934,000
Impairment of capitalized software	$639,000	$27,000	$661,000	$92,000	'

6_STOCKBASED_COMPENSATION_Deta

6. STOCK-BASED COMPENSATION (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Summary of weighted-average assumptions used for grants issued	'	'	'	'
Weighted-average risk-free rate	1.26%	0.55%	1.25%	0.56%
Weighted-average volatility	81.42%	79.47%	81.62%	79.80%
Dividend yield	0.00%	0.00%	0.00%	0.00%
Expected life	'4 years 10 months 20 days	'4 years 11 months 1 day	'4 years 9 months	'4 years 9 months 25 days

6_STOCK_BASED_COMPENSATION_Det

6. STOCK BASED COMPENSATION (Details Narrative) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Stock Based Compensation	'	'	'	'
Stock-based compensation expense	$60,000	$27,000	$111,000	$53,000
Stock options granted	650,000	798,000	1,500,000	1,128,000
Intrinsic value of options exercised	32,000	'	39,000	2,000
Proceeds from exercise of stock options	17,000	'	23,000	0
Stock issued from exercise of stock options	18,000	'	98,000	'
Option exercised under net-exercise arrangement	'	'	'	'
Stock Based Compensation	'	'	'	'
Stock issued from exercise of stock options	'	'	15,000	'
Common stock issued under net-exercise arrangement	'	'	'	'
Stock Based Compensation	'	'	'	'
Stock issued from exercise of stock options	'	'	$6,000	'

7_NOTES_PAYABLE_Details_Narrat

7. NOTES PAYABLE (Details Narrative) (USD $)	6 Months Ended
	Jun. 30, 2014
Financing Agreement	'
Maximum borrowing capacity	$5,700,000
Amount borrowed	4,622,000
Amount outstanding	3,712,000
Equipment Financing	'
Maximum borrowing capacity	123,000
Amount outstanding	$7,000

8_COMMITMENTS_AND_CONTINGENCIE1

8. COMMITMENTS AND CONTINGENCIES (Details Narrative) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Commitments and Contingencies Disclosure [Abstract]	'	'
Sales tax payable increase	$27	$27

9_ACCUMULATED_OTHER_COMPREHENS1

9. ACCUMULATED OTHER COMPREHENSIVE INCOME (Details Narrative) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Stockholders' Equity Note [Abstract]	'	'
Foreign currency translation adjustments recorded in accumulated other comprehensive income	$636	$631

11_CONCENTRATIONS_OF_RISK_Deta

11. CONCENTRATIONS OF RISK (Details Narrative) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Accounts receivable from customer	$884,000	'	$884,000	'	$641,000
Purchase commitment	135,000	'	135,000	'	32,000
Revenues	6,873,000	5,532,000	13,291,000	11,648,000	'
One Customer | Accounts Receivable	'	'	'	'	'
Accounts receivable from customer	370,000	'	370,000	'	259,000
One Customer | Revenues	'	'	'	'	'
Revenues	'	'	$5,746,000	$2,965,000	'

12_GEOGRAPHICAL_INFORMATION_De

12. GEOGRAPHICAL INFORMATION (Details-Revenues) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Revenue	$6,873,000	$5,532,000	$13,291,000	$11,648,000
United States	'	'	'	'
Revenue	6,617,000	5,213,000	12,772,000	10,984,000
Canada	'	'	'	'
Revenue	$256,000	$319,000	$519,000	$664,000

12_GEOGRAPHICAL_INFORMATION_De1

12. GEOGRAPHICAL INFORMATION (Details-Assets) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Long-term tangible assets	$3,423,000	$3,237,000
United States	'	'
Long-term tangible assets	3,400,000	3,220,000
Canada	'	'
Long-term tangible assets	$23,000	$17,000

13_PUBLIC_OFFERING_OF_COMMON_S1

13. PUBLIC OFFERING OF COMMON STOCK (Details Narrative) (USD $)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Stock issued in public offering	11,100,000	'
Gross proceeds from issuance of stock	$6,105,000	'
Proceeds from public offering	6,369,000	0
Overallotment Purchase	'	'
Stock issued in public offering	1,665,000	'
Proceeds from public offering	$915,750	'