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Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Sep. 30, 2018	Nov. 05, 2018
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	Q3
Trading Symbol	FLNT
Entity Registrant Name	FLUENT, INC.
Entity Central Index Key	0001460329
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Common Stock, Shares Outstanding		75,291,330

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 17,361	$ 16,564
Accounts receivable, net of allowance for doubtful accounts of $1,751 and $1,624 at September 30, 2018 and December 31, 2017, respectively	39,726	36,278
Prepaid expenses and other current assets	1,779	1,865
Current assets of discontinued operations	0	2,274
Total current assets	58,866	56,981
Property and equipment, net	421	687
Intangible assets, net	66,065	74,354
Goodwill	159,791	159,791
Other non-current assets	564	1,097
Non-current assets of discontinued operations	0	24,089
Total assets	285,707	316,999
Current liabilities:
Accounts payable	7,249	7,408
Accrued expenses and other current liabilities	15,395	14,967
Deferred revenue	714	265
Current portion of long-term debt	7,227	2,750
Current liabilities of discontinued operations	0	7,389
Total current liabilities	30,585	32,779
Promissory notes payable to certain shareholders, net	0	10,837
Long-term debt, net	52,463	49,376
Total liabilities	83,048	92,992
Shareholders' equity:
Preferred stock - $0.0001 par value, 10,000,000 shares authorized; 0 shares issued and outstanding at September 30, 2018 and December 31, 2017	0	0
Common stock - $0.0005 par value, 200,000,000 shares authorized; 76,516,415 and 61,631,573 shares issued at September 30, 2018 and December 31, 2017, respectively; and 75,291,330 and 61,279,050 shares outstanding at September 30, 2018 and December 31, 2017, respectively	38	31
Treasury stock, at cost, 1,225,085 and 352,523 shares at September 30, 2018 and December 31, 2017, respectively	(3,253)	(1,274)
Additional paid-in capital	392,886	392,687
Accumulated deficit	(187,012)	(167,437)
Total shareholders' equity	202,659	224,007
Total liabilities and shareholders' equity	$ 285,707	$ 316,999

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 1,751	$ 1,624
Preferred stock, par value (in usd per share)	$ 0.0001	$ 0.0001
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in usd per share)	$ 0.0005	$ 0.0005
Common stock, shares authorized (in shares)	200,000,000	200,000,000
Common stock, shares issued (in shares)	76,516,415	61,631,573
Common stock, shares outstanding (in shares)	75,291,330	61,279,050
Treasury stock, shares (in shares)	1,225,085	352,523

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Income Statement [Abstract]
Revenue	$ 66,535	$ 54,942	$ 179,459	$ 155,167
Costs and expenses:
Cost of revenue (exclusive of depreciation and amortization)	39,090	35,732	108,646	104,310
Sales and marketing expenses	4,186	5,105	11,870	13,478
General and administrative expenses	13,563	19,143	33,456	45,788
Depreciation and amortization	3,352	3,297	10,021	9,736
Write-off of long-lived assets	0	0	0	3,626
Spin-off transaction costs	0	0	7,708	0
Total costs and expenses	60,191	63,277	171,701	176,938
Income (loss) from operations	6,344	(8,335)	7,758	(21,771)
Interest expense, net	(1,882)	(2,426)	(6,209)	(7,098)
Income (loss) before income taxes from continuing operations	4,462	(10,761)	1,549	(28,869)
Income taxes	0	0	0	0
Net income (loss) from continuing operations	4,462	(10,761)	1,549	(28,869)
Discontinued operations:
Loss from operations of discontinued operations, net of $0 income taxes	0	(3,334)	(2,084)	(18,360)
Loss on disposal of discontinued operations, net of $0 income taxes	0	0	(19,040)	0
Net loss from discontinued operations	0	(3,334)	(21,124)	(18,360)
Net income (loss)	$ 4,462	$ (14,095)	$ (19,575)	$ (47,229)
Basic and diluted earnings (loss) per share:
Continuing operations (in usd per share)	$ 0.06	$ (0.19)	$ 0.02	$ (0.53)
Discontinued operations (in usd per share)	0.00	(0.06)	(0.29)	(0.34)
Total net income (loss), basic (in usd per share)	$ 0.06	$ (0.25)	$ (0.26)	$ (0.86)
Weighted average number of shares outstanding:
Basic and diluted (in shares)	78,199,579	55,390,247	73,941,595	54,665,776

Condensed Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 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

- Definition

Amount of tax expense (benefit) related to a discontinued operation. Includes, but is not limited to, tax expense (benefit) related to income (loss) from operations during the phase-out period, tax expense (benefit) related to gain (loss) on disposal, tax expense (benefit) related to gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and tax expense (benefit) related to adjustments of a prior period gain (loss) on disposal.

+ References + Details

Condensed Consolidated Statements of Changes in Shareholders' Equity - 9 months ended Sep. 30, 2018 - USD ($) $ in Thousands	Total	Certain Investors	Common Stock	Common Stock Certain Investors	Treasury Stock	Additional Paid-in Capital	Additional Paid-in Capital Certain Investors	Accumulated Deficit
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
Increase (Decrease) in Stockholders' Equity [Roll Forward]
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			12,184,842
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
Adjustments to Additional Paid in Capital, Share-based Compensation, Other Long-term Incentive Plans, Requisite Service Period Recognition	200					200
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	28,114					28,114
Net loss	(19,575)							(19,575)
Spin-off of red violet	(41,500)					(41,500)
Ending balance at Sep. 30, 2018	$ 202,659		$ 38		$ (3,253)	$ 392,886		$ (187,012)
Ending balance, shares at Sep. 30, 2018			76,516,415		1,225,085

Condensed Consolidated Statements of Changes in Shareholders' Equity (Parenthetical) $ in Thousands	9 Months Ended
	Sep. 30, 2018 USD ($)
Certain Investors
Issuance costs	$ 108

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (19,575)	$ (47,229)
Net loss from discontinued operations	21,124	18,360
Adjustments to reconcile net loss from continuing operations to net cash provided by operating activities:
Depreciation and amortization	10,021	9,736
Non-cash interest expense and related amortization	1,491	2,268
Share-based compensation expense	11,855	25,456
Write-off of long-lived assets	0	3,626
Provision for bad debts	462	2,175
Allocation of expenses to red violet	(325)	(2,849)
Changes in assets and liabilities:
Accounts receivable	(3,910)	(7,708)
Prepaid expenses and other current assets	(112)	(528)
Other non-current assets	533	71
Accounts payable	(159)	(7,464)
Accrued expenses and other current liabilities	628	8,900
Deferred revenue	449	154
Net cash provided by operating activities from continuing operations	22,482	4,968
Net cash used in operating activities from discontinued operations	(5,835)	(7,902)
Net cash provided by (used in) operating activities	16,647	(2,934)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment	(107)	(668)
Capitalized costs included in intangible assets	(995)	(694)
Capital contributed to red violet	(19,728)	0
Net cash used in investing activities from continuing operations	(20,830)	(1,362)
Net cash used in investing activities from discontinued operations	(1,386)	(5,294)
Net cash used in investing activities	(22,216)	(6,656)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of shares, net of issuance costs	13,392	0
Proceeds from debt obligations, net of debt costs	67,182	14,039
Repayments of long-term debt	(72,229)	(3,472)
Taxes paid related to net share settlement of vesting of restricted stock units	(1,979)	(743)
Net cash provided by financing activities from continuing operations	6,366	9,824
Net increase in cash and cash equivalents	797	234
Cash and cash equivalents at beginning of period	16,564	10,089
Cash and cash equivalents at end of period	17,361	10,323
SUPPLEMENTAL DISCLOSURE INFORMATION
Cash paid for interest	4,931	4,940
Cash paid for income taxes	0	0
Share-based compensation capitalized in intangible assets	364	373
Reduction in Value of Puttable Common Stock	200	$ 0
Adjustments to Additional Paid in Capital, Share-based Compensation, Other Long-term Incentive Plans, Requisite Service Period Recognition	$ (200)

Summary of significant accounting policies	9 Months Ended
Summary of significant accounting policies	Sep. 30, 2018
Accounting Policies [Abstract]
Summary of significant accounting policies	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 (the "Company" or "Fluent"), 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 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 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 former Fluent subsidiaries that operated the Company's former risk management business. In accordance with Accounting Standards Codification ("ASC") 205-20, "Discontinued Operations," 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. See Note 3, "Discontinued operations," for details. 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. The Company has reclassified certain trade-related accruals from accounts payable (previously trade accounts payable) into accrued expenses and other current liabilities. As a result, accounts payable decreased by $3,258 to $7,408, and accrued expenses and other current liabilities increased by $3,258 to $14,967 as of December 31, 2017 in the condensed consolidated financial statements. Additionally, within cash flows from operating activities on the condensed consolidated statements of cash flows, for the nine months ended September 30, 2017, the decrease in accounts payable increased by $5,043 to $7,464, and the increase in accrued expenses and other current liabilities increased by $5,043 to $8,900. In addition, the Company has reclassified the cost of revenue (exclusive of depreciation and amortization) amounts from the gross profit section, as presented in previous filings, to the costs and expenses section of the condensed consolidated statements of operations for each period presented and the gross profit subtotal has been removed. As a result, total costs and expenses have increased by $35,732, to $63,277, for the three months ended September 30, 2017 and by $104,310, to $176,938, for the nine months ended September 30, 2017. (b) Recently issued and adopted accounting standards In May 2014, Financial Accounting Standards Board ("FASB") issued ASU No. 2014-9 ("ASU 2014-9"), "Revenue from Contracts with Customers (Topic 606)" and additional changes, modifications, clarifications or interpretations thereafter. The standard's core principle is that a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. The guidance includes indicators to assist an entity in evaluating whether it controls the good or service before it is transferred to the customer. The new revenue recognition standard is effective for public entities for annual reporting periods beginning after December 15, 2017, and interim periods therein. The new standard also permits two methods of adoption: retrospectively to each prior reporting period presented (full retrospective method), or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application (the modified retrospective method). The Company adopted Topic 606 as of January 1, 2018 using the modified retrospective method, and the adoption did not have a material impact on the consolidated balance sheets, statements of operations, or cash flows. Refer to Note 1(c) below for further details. In February 2016, FASB issued ASU No. 2016-2 ("ASU 2016-2"), "Leases (Topic 842)" and additional changes, modifications, clarifications or interpretations thereafter, which generally require companies to recognize operating and financing lease liabilities and corresponding right-of-use assets on the balance sheet. This guidance will be effective in the first quarter of 2019 on a modified retrospective basis and early adoption is permitted. Upon adoption of this standard, the Company expects to recognize, on a discounted basis, its minimum commitments under noncancelable operating leases on its consolidated balance sheets, resulting in the recording of right-of-use assets and lease obligations. 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," which provides guidance for certain cash flow issues, including contingent consideration payments made after a business combination and debt prepayment or debt extinguishment costs, among other areas. The guidance is effective for public entities for fiscal years beginning after December 15, 2017 and interim periods therein, and early adoption is permitted. The Company adopted ASU 2016-15 during the first quarter of 2018, noting no material impact to its condensed consolidated financial statements. In March 2018, the FASB issued ASU No. 2018-5 ("ASU 2018-5"), "Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 118." ASU 2018-5 amended ASC Topic 740, Income Taxes ("ASC 740"), to reflect SEC Staff Accounting Bulletin No. 118 ("SAB 118"), which provides guidance on accounting for the impact of the tax reform legislation commonly known as the Tax Cuts and Jobs Act of 2017 (the "Tax Act"). The amendments in ASU 2018-5 are effective upon issuance. The Company adopted SAB 118 in the fourth quarter of 2017, and therefore the Company's subsequent adoption of ASU 2018-5 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 effects of the Tax Act is contained in Note 7, "Income Taxes." In June 2018, the FASB issued ASU 2018-7 ("ASU 2018-7"), Compensation-Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting, expanding the scope of employee share-based payment guidance under ASC Topic 718, to include share-based payments to nonemployees for goods and services. The guidance is effective for public entities for fiscal years beginning after December 15, 2018 and interim periods therein, and early adoption is permitted. The Company adopted ASU 2018-7 during the second quarter of 2018 on a modified retrospective basis, noting no material impact to its condensed consolidated financial statements. (c) Revenue recognition On January 1, 2018, the Company adopted ASU 2014-09, Revenue from Contracts with Customers (Topic 606), using the modified retrospective method applied to all contracts that were 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 amounts that reflect 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 accounting for revenue on a contract-by-contract basis. Revenue is recognized upon satisfaction of the associated performance obligations. 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 September 30, 2018 and December 31, 2017, the balance of deferred revenue was $714 and $265, respectively. The deferred revenue balance as of December 31, 2017 was 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 September 30, 2018 and December 31, 2017, unbilled revenue included in accounts receivable totaled $20,242 and $16,238, respectively. In line with industry practice, the unbilled revenue balance is recorded based on the Company's internally tracked conversions, net of estimated variances between this amount and the amount tracked and subsequently confirmed by customers. The majority of invoices included within the unbilled revenue balance are issued within the month directly following the period of service. 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

9 Months Ended

Sep. 30, 2018

Earnings Per Share [Abstract]

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 period. 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"), restricted stock, warrants 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 nine months ended September 30, 2018 and 2017 is as follows:



	Three Months Ended September 30,					Nine Months Ended September 30,
(In thousands, except share data)	2018		2017			2018			2017
Numerator:
Net income (loss) from continuing operations	$	4,462	$	(10,761	)	$	1,549		$	(28,869	)
Net loss from discontinued operations	—		(3,334		)	(21,124		)	(18,360		)
Net income (loss)	$	4,462	$	(14,095	)	$	(19,575	)	$	(47,229	)
Denominator:
Weighted average number of shares outstanding:
Basic and diluted	78,199,579		55,390,247			73,941,595			54,665,776
Basic and diluted earnings (loss) per share: (1)
Continuing operations	$	0.06	$	(0.19	)	$	0.02		$	(0.53	)
Discontinued operations	$	—	$	(0.06	)	$	(0.29	)	$	(0.34	)
Net income (loss)	$	0.06	$	(0.25	)	$	(0.26	)	$	(0.86	)

(1)Earnings (loss) per share tables may contain summation differences due to rounding.

The following potentially dilutive securities 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 September 30,		Nine Months Ended September 30,
	2018	2017	2018	2017

Restricted stock, restricted stock units and deferred common stock	3,842,631	16,524,140	3,842,631	16,524,140
Warrants	2,623,776	2,220,102	2,623,776	2,220,102
Stock options	112,000	222,000	112,000	222,000
Total anti-dilutive securities	6,578,407	18,966,242	6,578,407	18,966,242

Discontinued operations

9 Months Ended

Sep. 30, 2018

Discontinued Operations and Disposal Groups [Abstract]

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 sheets, 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, 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 nine months ended September 30, 2018 and 2017:



	Three Months Ended September 30,					Nine Months Ended September 30,
(In thousands)	2018		2017			2018			2017
Major classes of line items constituting loss from discontinued operations:
Revenue	—		$	2,306		$	3,325		$	5,871
Cost of revenue (exclusive of depreciation and amortization)	—		1,955			2,017			5,199
Sales and marketing expenses	—		1,175			1,089			3,158
General and administrative expenses	—		2,222			1,852			15,150
Depreciation and amortization	—		288			451			724
Loss from operations of discontinued operations, net of $0 income taxes	—		(3,334		)	(2,084		)	(18,360		)
Loss on disposal of discontinued operations, net of $0 income taxes	—		—			(19,040		)	—
Net loss from discontinued operations	$	—	$	(3,334	)	$	(21,124	)	$	(18,360	)

Included in the net loss from discontinued operations is a loss on disposal of discontinued operations of $19,040 for the nine months ended September 30, 2018, as presented below. Of this amount, an aggregate of $16,030 represents non-cash charges.



	Three Months Ended		Nine Months Ended
(In thousands)	September 30, 2018		September 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 previously outstanding but unvested 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 cash compensation of $2,299.

The Company reclassified carrying amounts of assets and liabilities of red violet into corresponding assets and liabilities of discontinued operations 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, net	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

9 Months Ended

Sep. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible assets, net

Intangible assets, other than goodwill, consist of the following:



(In thousands)	Amortization period	September 30, 2018			December 31, 2017
Gross amount:
Software developed for internal use	3 years	$	4,254		$	2,972
Acquired proprietary technology	5 years	11,459			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		100,307			98,948
Accumulated amortization:
Software developed for internal use		(1,001		)	(490		)
Acquired proprietary technology		(6,411		)	(4,693		)
Customer relationships		(13,220		)	(9,628		)
Trade names		(2,300		)	(1,686		)
Domain names		(27		)	(20		)
Databases		(9,670		)	(6,964		)
Non-competition agreements		(1,613		)	(1,113		)
Total accumulated amortization		(34,242		)	(24,594		)
Net intangible assets:
Software developed for internal use		3,253			2,482
Acquired proprietary technology		5,048			6,689
Customer relationships		21,766			25,358
Trade names		14,057			14,671
Domain names		164			171
Databases		21,622			24,328
Non-competition agreements		155			655
Total net intangible assets		$	66,065		$	74,354

The gross amounts associated with software developed for internal use primarily represent 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 $3,228 and $3,146 for the three months ended and $9,653 and $9,404 for the nine months ended September 30, 2018 and 2017, respectively, were included in depreciation and amortization expenses. As of September 30, 2018, intangible assets with the carrying amount of $2,101, 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 September 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	September 30, 2018
Remainder of 2018	$	3,271
2019	13,083
2020	12,331
2021	9,190
2022	8,009
2023 and thereafter	20,181
Total	$	66,065

Goodwill	9 Months Ended
Goodwill	Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	Goodwill Goodwill represents the cost in excess of fair value of 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 acquisition of Interactive Data, LLC effective on October 2, 2014, the Fluent LLC Acquisition and the Q Interactive Acquisition. 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 sheets. In accordance with ASC Topic 350, "Intangibles - Goodwill and Other," goodwill is tested at least annually for impairment, or when events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable, by assessing qualitative factors or performing a quantitative analysis in determining whether it is more likely than not that its fair value exceeds the carrying value. The measurement date of the Company's annual goodwill impairment test is October 1. For the nine months ended September 30, 2018, there were no events or changes in circumstances to indicate that goodwill is impaired.

Long-term debt, net

9 Months Ended

Sep. 30, 2018

Debt Disclosure [Abstract]

Long-term debt, net

Long-term debt, net, as of September 30, 2018, consists of the following:



	Refinanced Term Loan
(In thousands)	due 2023
Principal amount	$	64,921
Less: Unamortized debt issuance costs	(5,231		)
Long-term debt, net	59,690
Less: Current portion of long-term debt	(7,227		)
Long-term debt, net (non-current)	$	52,463

Long-term debt, net, including promissory notes payable to certain shareholders, net, as of December 31, 2017, consisted of the following:



	Term Loan			Incremental Term Loan			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 provided 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 were 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 Amendment No. 3 to Credit Agreement ("Amendment No. 3"), amending the Term Loan. Amendment No. 3, among other things, provided for a new term loan in the principal amount of $15.0 million ("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 (generally equivalent to the U.S. prime rate) plus 9.5% per annum, payable in cash, plus (b) 1% per annum, payable, at Fluent's option, either in 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 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 made 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, on the condensed consolidated balance sheet as of December 31, 2017. On March 26, 2018, the remaining principal amount plus accrued 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 were written off into loss on disposal of discontinued operations. See Note 3, "Discontinued operations," for details.

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. The Refinanced Term Loan accrues interest at the rate of either, at Fluent's option, (a) 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. Interest under the Refinanced Term Loan is payable monthly. The fair value of the Company's debt will generally fluctuate with movements of interest rates, increasing in periods of declining rates of interest and declining in periods of rising rates of interest. 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 repay in full the outstanding principal amount plus accrued PIK interest 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 and are being amortized over the remaining period of the Refinanced Term Loan. In addition, refinancing costs paid to third parties of $193 were recognized in 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, as amended, includes certain prepayment provisions, including mandatory 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 September 30, 2018, the quarterly prepayment resulting from excess cash flow was $3,727. As of September 30, 2018, this amount was reclassified to the current portion of long-term debt and will be paid during the fourth 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 September 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 $3,727 for the third quarter of 2018 and excluding potential future additional principal prepayments, scheduled future maturities of total debt as of September 30, 2018 were as follows:



(In thousands)
Year
Remainder of 2018	$	4,602
2019	3,500
2020	3,500
2021	3,500
2022	3,500
2023 and thereafter	46,319
Total maturities	$	64,921

Fair value

The Refinanced Term Loan accrues interest at the rate of either, at Fluent's option, (a) LIBOR (subject to a floor of 0.50%) plus 7.00% per annum, or (b) base rate (generally equivalent to the U.S. prime rate) plus 6.0% per annum, payable in cash. As the Refinanced Term Loan was effective on March 26, 2018 and has a variable interest rate, the fair value of long-term debt is considered to approximate its carrying amount as of September 30, 2018. This fair value assessment represents Level 2 measurements.

Income taxes	9 Months Ended
Income taxes	Sep. 30, 2018
Income Tax Disclosure [Abstract]
Income taxes	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 September 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 release of all or some portion of these allowances. Based on current income (loss) from continuing operations and anticipated future earnings, the Company believes 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 be released. 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 any period in which such a 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 nine months ended September 30, 2018 and 34% for the three and nine months ended September 30, 2017. For the three and nine months ended September 30, 2018 and 2017, the Company's effective income tax rate was 0%, with such differences resulting from the application of the full valuation allowance against the Company's deferred tax assets. On December 22, 2017, the United States enacted tax reform legislation through the Tax 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. As a result of the full valuation allowance at September 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 nine months ended September 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 continuing to analyze both the federal and state impacts of the Tax Act, as additional future guidance is issued and information becomes 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 September 30, 2018 and December 31, 2017 was $1,079 and $1,134, respectively. The decrease in the balance during this period 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 September 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 and warrants

9 Months Ended

Sep. 30, 2018

Equity [Abstract]

Common stock, treasury stock and warrants

Common stock

As of September 30, 2018 and December 31, 2017, the number of issued shares of common stock was 76,516,415 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 nine months ended September 30, 2018 was a result of the following issuances:


•	An aggregate of 12,184,842 shares of common stock were issued as a result of the vesting of RSUs, including 872,562 shares of common stock withheld to cover 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, pursuant to a definitive securities purchase agreement entered into on January 10, 2018, for net proceeds of $13,392, net of issuance costs of $108.

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 September 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 nine months ended September 30, 2018 was due to shares withheld to cover 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 September 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.

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 price from $4.50 per share to $3.8334 per share was a result of the receipt by the warrant holders of 40,000 shares of red violet common stock in the Spin-off and the warrant holders' subsequent sale of those shares for $200 in a private transaction. During the third quarter of 2018, the change in the value of the Put Right price resulted in a reduction to the puttable option classified within accrued expenses and other current liabilities and a corresponding increase to additional paid-in-capital of $200.

Share-based compensation

9 Months Ended

Sep. 30, 2018

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Share-based compensation

As of September 30, 2018, the Company maintains three share-based incentive plans: the 2008 Share Incentive Plan (the "2008 Plan"), 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 stockholders 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 September 30, 2018, there were 310,568, 303,074 and 7,529,133 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 of which Michael Brauser, the Company's Executive Chairman prior to the Spin-off, owned 50% and was 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. Among the total 5,000,000 shares granted pursuant to the RSUs, 1,250,000 shares were delivered in December 2017 and 1,250,000 shares were delivered in January 2018, and on March 12, 2018, the 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.

On December 8, 2015, when Phillip Frost, M.D. 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. This grant was fully vested and related share-based compensation expense was recognized on December 8, 2015, but Frost Gamma elected to defer delivery of any vested RSUs until Dr. Frost's separation from service from the Company or death or disability. Dr. Frost 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 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 were accelerated, including 47,500 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. 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, common stock awards comprised of an aggregate of 304,000 shares were granted to certain employees of red violet ("Spin-off Grants") during the first quarter of 2018, and related share-based compensation expense of $881 was recognized in loss on disposal of discontinued operations. In addition, an aggregate of 2,041,000 shares of common stock, subject to deferred delivery over a three-year period, were granted to certain Fluent employees as a result of the Spin-off ("Transaction Grants"), and related share-based compensation expense of $5,409 was recognized in costs and expenses as part of spin-off transaction costs during the first quarter of 2018.

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 stock option activity during the nine months ended September 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	(110,000	)	$	11.17
Outstanding as of September 30, 2018	112,000		$	13.98	3.1 years	$	—
Options vested and expected to vest as of September 30, 2018	112,000		$	13.98	3.1 years	$	—
Options exercisable as of September 30, 2018	112,000		$	13.98	3.1 years	$	—

The aggregate intrinsic value amounts in the table above represent the difference between the closing price of the Company's common stock on September 28, 2018 of $2.15 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 nine months ended September 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 September 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 $31 during the three months and $243 and $91 during the nine months ended September 30, 2018 and 2017, respectively, was recognized and recorded in discontinued operations in the condensed consolidated statements of operations. As of September 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 nine months ended September 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)	4,565,125		$	2.63
Vested and delivered (2)	(11,462,280	)	$	7.63
Withheld as treasury stock (3)	(872,562	)	$	6.05
Vested not delivered (4)	3,766,068		$	9.85
Forfeited	(304,625	)	$	4.82
Unvested as of September 30, 2018	3,842,631		$	7.95

(1)As discussed in "Spin-off of red violet" above, among the RSUs granted during the nine months ended September 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 nine months ended September 30, 2018, there were 6,278,318 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 cover statutory withholding taxes upon the vesting of RSUs during the first quarter of 2018. As of September 30, 2018, there were 1,225,085 outstanding shares of treasury stock.

(4)Vested not delivered represent vested RSUs or common stock grants with delivery deferred to a future time. During the nine months ended September 30, 2018, there was a net decrease of 3,766,068 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 September 30, 2018, there were 2,909,917 outstanding RSUs or shares of 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 $2,674 and $11,492 for the three months and $28,113 and $28,704 for the nine months ended September 30, 2018 and 2017, respectively. The fair value of the RSUs and restricted stock was estimated using the closing prices of the Company's common stock on the dates of grant.

As of September 30, 2018, unrecognized share-based compensation expense associated with the granted RSUs amounted to $10,299, which is expected to be recognized over a weighted average period of 1.8 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 nine months ended September 30, 2018 and 2017:



	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands)	2018		2017		2018		2017
Sales and marketing expenses	$	728	$	1,024	$	2,203	$	2,428
General and administrative expenses	1,865		9,484		4,243		23,028
Spin-off transaction costs	—		—		5,409		—
Discontinued operations	—		563		15,713		2,246
	2,593		11,071		27,568		27,702
Capitalized in intangible assets of continuing operations	81		185		364		373
Capitalized in intangible assets of discontinued operations	—		236		181		629
Total	$	2,674	$	11,492	$	28,113	$	28,704

Segment information	9 Months Ended
Segment information	Sep. 30, 2018
Segment Reporting [Abstract]
Segment information	Segment information The Company previously had two reportable segments corresponding with two operating segments, Information Services and Performance Marketing. As a result of the Spin-off of red violet 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 it had one reportable segment corresponding with one operating segment, Performance Marketing, as of March 31, 2018. This reflects the way the Company evaluates its business performance and manages its operations. The Company revised the segment information disclosures for the three and nine months ended September 30, 2017 to reflect this change. Revenue by geography is based on the location of the Company's 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 nine months ended September 30, 2018 and 2017.

Related party transactions	9 Months Ended
Related party transactions	Sep. 30, 2018
Related Party Transactions [Abstract]
Related party transactions	Related party transactions For the three and nine months ended September 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 $315 for the three months and negative $1,792 and $934 for the nine months ended September 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 $906,000 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, consisting of $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 amounts 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 nine months ended September 30, 2017, the Company repaid $533, $426, and $107 to Frost Gamma, Michael Brauser and another investor, respectively. On March 26, 2018, as part of the Refinancing associated with the Spin-off of red violet, the principal amount plus accrued PIK interest of the Promissory Notes owing to Frost Gamma, Michael Brauser and such other investor, of $5,713, $4,570 and $1,143, respectively, was fully repaid. See Note 6, "Long-term debt, net," for details. 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 consideration for Mr. Brauser's services, the Consulting Agreement provided for continued vesting of all outstanding RSUs granted to Mr. Brauser under the Brauser Employment Agreement. Share-based compensation expense of $302, associated with the Consulting Agreement, was recognized in general and administrative expenses for the nine months ended September 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. See Note 9, "Share-based compensation," for 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 $180 for the nine months ended September 30, 2018 and 2017, respectively. The DAB Agreement was terminated upon the Spin-off of red violet.

Subsequent Events	9 Months Ended
Subsequent Events	Sep. 30, 2018
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On October 10, 2018, the Company entered into a seven-year operating lease agreement for approximately 43,000 square feet of office space in New York. In connection with the lease agreement, the Company is required to establish a $1,480 collateral account. Rent expense related to the new lease agreement will be recorded on a straight-line basis beginning on an agreed-upon lease commencement date, which is expected to be during the fourth quarter of 2018.

Summary of Significant Accounting Policies (Policies)	9 Months Ended
Summary of Significant Accounting Policies (Policies)	Sep. 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 (the "Company" or "Fluent"), 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 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 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 former Fluent subsidiaries that operated the Company's former risk management business. In accordance with Accounting Standards Codification ("ASC") 205-20, "Discontinued Operations," 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. See Note 3, "Discontinued operations," for details. 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. The Company has reclassified certain trade-related accruals from accounts payable (previously trade accounts payable) into accrued expenses and other current liabilities. As a result, accounts payable decreased by $3,258 to $7,408, and accrued expenses and other current liabilities increased by $3,258 to $14,967 as of December 31, 2017 in the condensed consolidated financial statements. Additionally, within cash flows from operating activities on the condensed consolidated statements of cash flows, for the nine months ended September 30, 2017, the decrease in accounts payable increased by $5,043 to $7,464, and the increase in accrued expenses and other current liabilities increased by $5,043 to $8,900. In addition, the Company has reclassified the cost of revenue (exclusive of depreciation and amortization) amounts from the gross profit section, as presented in previous filings, to the costs and expenses section of the condensed consolidated statements of operations for each period presented and the gross profit subtotal has been removed. As a result, total costs and expenses have increased by $35,732, to $63,277, for the three months ended September 30, 2017 and by $104,310, to $176,938, for the nine months ended September 30, 2017.
Recently issued and adopted accounting standards	(b) Recently issued and adopted accounting standards In May 2014, Financial Accounting Standards Board ("FASB") issued ASU No. 2014-9 ("ASU 2014-9"), "Revenue from Contracts with Customers (Topic 606)" and additional changes, modifications, clarifications or interpretations thereafter. The standard's core principle is that a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. The guidance includes indicators to assist an entity in evaluating whether it controls the good or service before it is transferred to the customer. The new revenue recognition standard is effective for public entities for annual reporting periods beginning after December 15, 2017, and interim periods therein. The new standard also permits two methods of adoption: retrospectively to each prior reporting period presented (full retrospective method), or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application (the modified retrospective method). The Company adopted Topic 606 as of January 1, 2018 using the modified retrospective method, and the adoption did not have a material impact on the consolidated balance sheets, statements of operations, or cash flows. Refer to Note 1(c) below for further details. In February 2016, FASB issued ASU No. 2016-2 ("ASU 2016-2"), "Leases (Topic 842)" and additional changes, modifications, clarifications or interpretations thereafter, which generally require companies to recognize operating and financing lease liabilities and corresponding right-of-use assets on the balance sheet. This guidance will be effective in the first quarter of 2019 on a modified retrospective basis and early adoption is permitted. Upon adoption of this standard, the Company expects to recognize, on a discounted basis, its minimum commitments under noncancelable operating leases on its consolidated balance sheets, resulting in the recording of right-of-use assets and lease obligations. 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," which provides guidance for certain cash flow issues, including contingent consideration payments made after a business combination and debt prepayment or debt extinguishment costs, among other areas. The guidance is effective for public entities for fiscal years beginning after December 15, 2017 and interim periods therein, and early adoption is permitted. The Company adopted ASU 2016-15 during the first quarter of 2018, noting no material impact to its condensed consolidated financial statements. In March 2018, the FASB issued ASU No. 2018-5 ("ASU 2018-5"), "Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 118." ASU 2018-5 amended ASC Topic 740, Income Taxes ("ASC 740"), to reflect SEC Staff Accounting Bulletin No. 118 ("SAB 118"), which provides guidance on accounting for the impact of the tax reform legislation commonly known as the Tax Cuts and Jobs Act of 2017 (the "Tax Act"). The amendments in ASU 2018-5 are effective upon issuance. The Company adopted SAB 118 in the fourth quarter of 2017, and therefore the Company's subsequent adoption of ASU 2018-5 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 effects of the Tax Act is contained in Note 7, "Income Taxes." In June 2018, the FASB issued ASU 2018-7 ("ASU 2018-7"), Compensation-Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting, expanding the scope of employee share-based payment guidance under ASC Topic 718, to include share-based payments to nonemployees for goods and services. The guidance is effective for public entities for fiscal years beginning after December 15, 2018 and interim periods therein, and early adoption is permitted. The Company adopted ASU 2018-7 during the second quarter of 2018 on a modified retrospective basis, noting no material impact to its condensed consolidated financial statements.
Revenue recognition	(c) Revenue recognition On January 1, 2018, the Company adopted ASU 2014-09, Revenue from Contracts with Customers (Topic 606), using the modified retrospective method applied to all contracts that were 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 amounts that reflect 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 accounting for revenue on a contract-by-contract basis. Revenue is recognized upon satisfaction of the associated performance obligations. 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 September 30, 2018 and December 31, 2017, the balance of deferred revenue was $714 and $265, respectively. The deferred revenue balance as of December 31, 2017 was 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 September 30, 2018 and December 31, 2017, unbilled revenue included in accounts receivable totaled $20,242 and $16,238, respectively. In line with industry practice, the unbilled revenue balance is recorded based on the Company's internally tracked conversions, net of estimated variances between this amount and the amount tracked and subsequently confirmed by customers. The majority of invoices included within the unbilled revenue balance are issued within the month directly following the period of service. 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 (Tables)

9 Months Ended

Sep. 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 nine months ended September 30, 2018 and 2017 is as follows:



	Three Months Ended September 30,					Nine Months Ended September 30,
(In thousands, except share data)	2018		2017			2018			2017
Numerator:
Net income (loss) from continuing operations	$	4,462	$	(10,761	)	$	1,549		$	(28,869	)
Net loss from discontinued operations	—		(3,334		)	(21,124		)	(18,360		)
Net income (loss)	$	4,462	$	(14,095	)	$	(19,575	)	$	(47,229	)
Denominator:
Weighted average number of shares outstanding:
Basic and diluted	78,199,579		55,390,247			73,941,595			54,665,776
Basic and diluted earnings (loss) per share: (1)
Continuing operations	$	0.06	$	(0.19	)	$	0.02		$	(0.53	)
Discontinued operations	$	—	$	(0.06	)	$	(0.29	)	$	(0.34	)
Net income (loss)	$	0.06	$	(0.25	)	$	(0.26	)	$	(0.86	)

(1)Earnings (loss) per share tables may contain summation differences due to rounding.

Schedule of Antidilutive Securities Excluded from Computation of Earnings (Loss) per Share

The following potentially dilutive securities 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 September 30,		Nine Months Ended September 30,
	2018	2017	2018	2017

Restricted stock, restricted stock units and deferred common stock	3,842,631	16,524,140	3,842,631	16,524,140
Warrants	2,623,776	2,220,102	2,623,776	2,220,102
Stock options	112,000	222,000	112,000	222,000
Total anti-dilutive securities	6,578,407	18,966,242	6,578,407	18,966,242

Discontinued operations (Tables)

9 Months Ended

Sep. 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 nine months ended September 30, 2018 and 2017:



	Three Months Ended September 30,					Nine Months Ended September 30,
(In thousands)	2018		2017			2018			2017
Major classes of line items constituting loss from discontinued operations:
Revenue	—		$	2,306		$	3,325		$	5,871
Cost of revenue (exclusive of depreciation and amortization)	—		1,955			2,017			5,199
Sales and marketing expenses	—		1,175			1,089			3,158
General and administrative expenses	—		2,222			1,852			15,150
Depreciation and amortization	—		288			451			724
Loss from operations of discontinued operations, net of $0 income taxes	—		(3,334		)	(2,084		)	(18,360		)
Loss on disposal of discontinued operations, net of $0 income taxes	—		—			(19,040		)	—
Net loss from discontinued operations	$	—	$	(3,334	)	$	(21,124	)	$	(18,360	)

Schedule of Gain (Loss) on Disposal Activity



	Three Months Ended		Nine Months Ended
(In thousands)	September 30, 2018		September 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 previously outstanding but unvested 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



(In thousands)	December 31, 2017
Carrying amounts of the major classes of assets included in discontinued operations:
Cash and cash equivalents	$	65
Accounts receivable, net	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)

9 Months Ended

Sep. 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	September 30, 2018			December 31, 2017
Gross amount:
Software developed for internal use	3 years	$	4,254		$	2,972
Acquired proprietary technology	5 years	11,459			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		100,307			98,948
Accumulated amortization:
Software developed for internal use		(1,001		)	(490		)
Acquired proprietary technology		(6,411		)	(4,693		)
Customer relationships		(13,220		)	(9,628		)
Trade names		(2,300		)	(1,686		)
Domain names		(27		)	(20		)
Databases		(9,670		)	(6,964		)
Non-competition agreements		(1,613		)	(1,113		)
Total accumulated amortization		(34,242		)	(24,594		)
Net intangible assets:
Software developed for internal use		3,253			2,482
Acquired proprietary technology		5,048			6,689
Customer relationships		21,766			25,358
Trade names		14,057			14,671
Domain names		164			171
Databases		21,622			24,328
Non-competition agreements		155			655
Total net intangible assets		$	66,065		$	74,354

Schedule of Estimated Amortization Expenses

As of September 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	September 30, 2018
Remainder of 2018	$	3,271
2019	13,083
2020	12,331
2021	9,190
2022	8,009
2023 and thereafter	20,181
Total	$	66,065

Long-term debt, net (Tables)

9 Months Ended

Sep. 30, 2018

Debt Disclosure [Abstract]

Summary of Long-term Debt

Long-term debt, net, as of September 30, 2018, consists of the following:



	Refinanced Term Loan
(In thousands)	due 2023
Principal amount	$	64,921
Less: Unamortized debt issuance costs	(5,231		)
Long-term debt, net	59,690
Less: Current portion of long-term debt	(7,227		)
Long-term debt, net (non-current)	$	52,463

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, consisted of the following:



	Term Loan			Incremental Term Loan			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



(In thousands)
Year
Remainder of 2018	$	4,602
2019	3,500
2020	3,500
2021	3,500
2022	3,500
2023 and thereafter	46,319
Total maturities	$	64,921

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
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Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
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+ Details

Share-based compensation (Tables)

9 Months Ended

Sep. 30, 2018

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share Options Activity

Details of stock option activity during the nine months ended September 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	(110,000	)	$	11.17
Outstanding as of September 30, 2018	112,000		$	13.98	3.1 years	$	—
Options vested and expected to vest as of September 30, 2018	112,000		$	13.98	3.1 years	$	—
Options exercisable as of September 30, 2018	112,000		$	13.98	3.1 years	$	—

Unvested Balance of Options

The unvested balance of options is shown below for the nine months ended September 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 September 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 nine months ended September 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)	4,565,125		$	2.63
Vested and delivered (2)	(11,462,280	)	$	7.63
Withheld as treasury stock (3)	(872,562	)	$	6.05
Vested not delivered (4)	3,766,068		$	9.85
Forfeited	(304,625	)	$	4.82
Unvested as of September 30, 2018	3,842,631		$	7.95

(2)Among the shares vested and delivered during the nine months ended September 30, 2018, there were 6,278,318 shares that were vested but deferred from prior periods. See (4) below.

Schedule of Share-based Compensation



	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands)	2018		2017		2018		2017
Sales and marketing expenses	$	728	$	1,024	$	2,203	$	2,428
General and administrative expenses	1,865		9,484		4,243		23,028
Spin-off transaction costs	—		—		5,409		—
Discontinued operations	—		563		15,713		2,246
	2,593		11,071		27,568		27,702
Capitalized in intangible assets of continuing operations	81		185		364		373
Capitalized in intangible assets of discontinued operations	—		236		181		629
Total	$	2,674	$	11,492	$	28,113	$	28,704

Summary of Significant Accounting Policies - Additional Information (Detail) $ in Thousands	3 Months Ended			9 Months Ended		12 Months Ended
	Sep. 30, 2018 USD ($)	Mar. 31, 2018 USD ($)	Sep. 30, 2017 USD ($)	Sep. 30, 2018 USD ($)	Sep. 30, 2017 USD ($)	Dec. 31, 2017 USD ($)
Property, Plant and Equipment [Line Items]
Increase (decrease) in accounts payable				$ (159)	$ (7,464)	$ (3,258)
Accounts payable	$ 7,249			7,249		7,408
Increase (decrease) accrued expenses and other current liabilities				628	8,900	3,258
Accrued expenses and other current liabilities	15,395			$ 15,395		14,967
Increase (decrease) in accounts payable due to reclassification					(5,043)
Increase (decrease) in accrued liabilities and other operating liabilities due to reclassification					5,043
Stock split, conversion ratio				0.1333
Increase in costs and expenses after reclassification			$ 35,732		104,310
Costs and expenses	60,191		$ 63,277	$ 171,701	$ 176,938
Deferred revenue	714			714		265
Unbilled revenue in accounts receivable	$ 20,242			$ 20,242		$ 16,238
Deferred revenue recognized into revenue		$ 265

Earnings (Loss) per share - Schedule of Basic and Diluted Earnings (Loss) Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Net income (loss) from continuing operations	$ 4,462	$ (10,761)	$ 1,549	$ (28,869)
Net loss from discontinued operations	0	(3,334)	(21,124)	(18,360)
Net income (loss)	$ 4,462	$ (14,095)	$ (19,575)	$ (47,229)
Weighted average number of shares outstanding:
Basic and diluted (in shares)	78,199,579	55,390,247	73,941,595	54,665,776
Basic and diluted earnings (loss) per share:
Continuing operations (in usd per share)	$ 0.06	$ (0.19)	$ 0.02	$ (0.53)
Discontinued operations (in usd per share)	0.00	(0.06)	(0.29)	(0.34)
Total net income (loss), basic (in usd per share)	$ 0.06	$ (0.25)	$ (0.26)	$ (0.86)

Earnings (Loss) per share - Schedule of Antidilutive Securities Excluded from Computation of Earnings (Loss) per Share (Detail) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	6,578,407	18,966,242	6,578,407	18,966,242
Restricted Stock Units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	3,842,631	16,524,140	3,842,631	16,524,140
Warrants
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
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	112,000	222,000	112,000	222,000

Discontinued operations - Additional Information (Detail) - USD ($) $ in Thousands		3 Months Ended			9 Months Ended
	Mar. 26, 2018	Sep. 30, 2018	Mar. 31, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 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		$ 2,593		$ 11,071	$ 27,568	$ 27,702
Red Violet, Inc.
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. \| Spin-off Transaction Costs
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 - Disposal of Discontinued Activity (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Major classes of line items constituting loss from discontinued operations:
Loss from operations of discontinued operations, net of $0 income taxes	$ 0	$ (3,334)	$ (2,084)	$ (18,360)
Loss on disposal of discontinued operations, net of $0 income taxes	0	0	(19,040)	0
Net loss from discontinued operations	0	(3,334)	(21,124)	(18,360)
Discontinued Operations, Disposed of \| Red Violet, Inc.
Major classes of line items constituting loss from discontinued operations:
Revenue	0	2,306	3,325	5,871
Cost of revenue (exclusive of depreciation and amortization)	0	1,955	2,017	5,199
Sales and marketing expenses	0	1,175	1,089	3,158
General and administrative expenses	0	2,222	1,852	15,150
Depreciation and amortization	0	288	451	724
Loss from operations of discontinued operations, net of $0 income taxes	0	(3,334)	(2,084)	(18,360)
Loss on disposal of discontinued operations, net of $0 income taxes	0	0	(19,040)	0
Net loss from discontinued operations	$ 0	$ (3,334)	$ (21,124)	$ (18,360)

Discontinued operations - Disposal of Discontinued Activity Phantom (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest [Abstract]
Discontinued Operation, Tax Effect of Gain (Loss) from Disposal of Discontinued Operation	$ 0	$ 0	$ 0	$ 0
Discontinued Operation Tax Effect Of Income Loss From Disposal Of Discontinued Operation	$ 0	$ 0	$ 0	$ 0

Discontinued operations - Schedule of Gain (Loss) on Disposal Activity (Detail) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2018
Loss On Disposal Of Discontinued Operations [Line Items]
Loss on disposal of discontinued operations		$ (19,040)
Discontinued Operations, Disposed of
Loss On Disposal Of Discontinued Operations [Line Items]
Share-based compensation expense	$ 0	15,548
Write-off of unamortized debt costs	0	284
Write-off of certain prepaid expenses	0	198
Spin-off related professional fees	0	2,012
Spin-off related employee compensation	0	998
Loss on disposal of discontinued operations	$ 0	$ 19,040

Discontinued operations - Schedule of Gain (Loss) on Disposal Activity Phantom (Detail) $ in Thousands	9 Months Ended
	Sep. 30, 2018 USD ($)
Discontinued Operations and Disposal Groups [Abstract]
Write-off of unamortized debt costs	$ 284

Discontinued operations - Schedule of Reconciliation of Assets and Liabilities of Discontinued Operations (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Carrying amounts of the major classes of assets included in discontinued operations:
Current assets of discontinued operations	$ 0	$ 2,274
Non-current assets of discontinued operations	$ 0	24,089
Discontinued Operations, Disposed of \| Red Violet, Inc.
Carrying amounts of the major classes of assets included in discontinued operations:
Cash and cash equivalents		65
Accounts receivable, net		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 Other than Goodwill (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Finite-Lived Intangible Assets [Line Items]
Gross amount	$ 100,307	$ 98,948
Accumulated amortization	(34,242)	(24,594)
Total	66,065	74,354
Software Developed for Internal Use
Finite-Lived Intangible Assets [Line Items]
Gross amount	4,254	2,972
Accumulated amortization	(1,001)	(490)
Total	$ 3,253	2,482
Estimated useful life of intangible assets	3 years
Acquired Proprietary Technology
Finite-Lived Intangible Assets [Line Items]
Gross amount	$ 11,459	11,382
Accumulated amortization	(6,411)	(4,693)
Total	$ 5,048	6,689
Estimated useful life of intangible assets	5 years
Customer Relationships
Finite-Lived Intangible Assets [Line Items]
Gross amount	$ 34,986	34,986
Accumulated amortization	(13,220)	(9,628)
Total	$ 21,766	25,358
Customer Relationships \| Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	7 years
Customer Relationships \| Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	10 years
Trade Names
Finite-Lived Intangible Assets [Line Items]
Gross amount	$ 16,357	16,357
Accumulated amortization	(2,300)	(1,686)
Total	$ 14,057	14,671
Estimated useful life of intangible assets	20 years
Domain Names
Finite-Lived Intangible Assets [Line Items]
Gross amount	$ 191	191
Accumulated amortization	(27)	(20)
Total	$ 164	171
Estimated useful life of intangible assets	20 years
Database Rights
Finite-Lived Intangible Assets [Line Items]
Gross amount	$ 31,292	31,292
Accumulated amortization	(9,670)	(6,964)
Total	$ 21,622	24,328
Database Rights \| Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	5 years
Database Rights \| Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	10 years
Non-competition Agreements
Finite-Lived Intangible Assets [Line Items]
Gross amount	$ 1,768	1,768
Accumulated amortization	(1,613)	(1,113)
Total	$ 155	$ 655
Non-competition Agreements \| Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	2 years
Non-competition Agreements \| Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible assets	5 years

Intangible assets, net - Additional Information (Detail) - USD ($) $ in Thousands		3 Months Ended			9 Months Ended
	Jan. 18, 2017	Sep. 30, 2018	Sep. 30, 2017	Mar. 31, 2017	Sep. 30, 2018	Sep. 30, 2017
Finite-Lived Intangible Assets [Line Items]
Write-off of long-lived assets	$ 3,626	$ 0	$ 0		$ 0	$ 3,626
Amortization expense		3,228	$ 3,146		9,653	$ 9,404
Software Developed for Internal Use
Finite-Lived Intangible Assets [Line Items]
Intangible assets that have not started amortization		$ 2,101			$ 2,101
Q Interactive Acquisition \| Acquired Proprietary Technology and Trade Names
Finite-Lived Intangible Assets [Line Items]
Write-off of long-lived assets				$ 3,626

Intangible assets, net - Schedule of Estimated Amortization Expenses (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2018	$ 3,271
2019	13,083
2020	12,331
2021	9,190
2022	8,009
2023 and thereafter	20,181
Total	$ 66,065	$ 74,354

Goodwill - Additional Information (Detail) - USD ($)	9 Months Ended
Goodwill - Additional Information (Detail) - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Goodwill [Line Items]
Goodwill	$ 159,791,000	$ 159,791,000
Impairment of goodwill	0
Spin-off of Red Violet
Goodwill [Line Items]
Derecognized goodwill	6,465,000
Interactive Data LLC, Fluent, LLC and Q Interactive, LLC Acquisitions \| Prior to Spin-off of Red Violet
Goodwill [Line Items]
Goodwill	$ 166,256,000

Long-term debts, net - Summary of Long-term Debt (Detail) - USD ($) $ in Thousands	Sep. 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	$ (7,227)	(2,750)
Long-term debt, net (non-current)		$ 60,213
Refinanced Term Loan, Due 2023
Debt Instrument [Line Items]
Principal amount	64,921
Less: Unamortized debt issuance costs	(5,231)
Long-term debt, net	59,690
Less: Current portion of long-term debt	(7,227)
Long-term debt, net (non-current)	$ 52,463

Long-term debts, net - Schedule of Long-term Debts, Including Promissory Notes Payable to Certain Shareholders, Net (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Principal amount	$ 64,921	$ 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	$ (7,227)	(2,750)
Long-term debt, net (non-current)		60,213
Term Loan, Due 2020
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
Incremental Term Loan, Due 2020
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
Promissory Notes, Due 2021
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
Less: Current portion of long-term debt		0
Long-term debt, net (non-current)		$ 10,837

Long-term debts, net - Additional Information (Detail) - USD ($) $ in Thousands			3 Months Ended			9 Months Ended
	Mar. 26, 2018	Jan. 19, 2017	Sep. 30, 2018	Sep. 30, 2017	Mar. 31, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017	Feb. 01, 2017	Dec. 08, 2015
Debt Instrument [Line Items]
Principal amount			$ 64,921			$ 64,921		$ 65,000
Long-term debt								62,963
Promissory notes										$ 10,000
Promissory notes, interest rate										10.00%
Interest paid						$ 4,931	$ 4,940
Unamortized debt costs								3,737
Promissory Note
Debt Instrument [Line Items]
Unamortized debt costs	$ 284
Repayments of debt	11,425
Michael Brauser, Chairman of the Board
Debt Instrument [Line Items]
Long-term debt								4,460
Promissory notes										$ 4,000
Interest paid				$ 426	$ 426		426
Another Investor
Debt Instrument [Line Items]
Long-term debt								1,115
Promissory notes										1,000
Interest paid				107	107		107
Frost Gamma Investments Trust
Debt Instrument [Line Items]
Long-term debt								$ 5,574
Promissory notes										5,000
Interest paid				$ 533	533		$ 533
Term Loan
Debt Instrument [Line Items]
Term loan										$ 45,000
Prepayment premium			$ 3,727
Incremental Term Loan
Debt Instrument [Line Items]
Principal amount		$ 15,000
Long-term debt									$ 14,039
Debt issuance costs									$ 961
Refinanced Term Loan
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 \| Interest Rate Floor
Debt Instrument [Line Items]
Term loans, interest rate	0.50%
Refinanced Term Loan \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Term loans, interest rate	7.00%
Refinanced Term Loan \| Base Rate
Debt Instrument [Line Items]
Term loans, interest rate	6.00%
Term Loans
Debt Instrument [Line Items]
Term loans, PIK interest rate		1.00%
Debt instrument, periodic principal payment					$ 688
Debt Instrument, maturity date		Dec. 08, 2020
Unamortized debt costs	$ 3,136
Repayments of term loan	55,586
Prepayment premium	$ 2,818
Term Loans \| Interest Rate Floor
Debt Instrument [Line Items]
Term loans, interest rate		0.50%
Term Loans \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Term loans, interest rate		10.50%
Term Loans \| Base Rate
Debt Instrument [Line Items]
Term loans, interest rate		9.50%

Long-term debts, net - Scheduled Future Maturities of Total Debts (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Debt Disclosure [Abstract]
Remainder of 2018	$ 4,602
2019	3,500
2020	3,500
2021	3,500
2022	3,500
2023 and thereafter	46,319
Total maturities	$ 64,921	$ 65,000

Income taxes - Additional Information (Detail) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 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 \| Advertising Business
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 and warrants - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands				1 Months Ended	3 Months Ended	9 Months Ended
	Jul. 09, 2018	Apr. 09, 2018	Jan. 10, 2018	Nov. 30, 2017	Sep. 30, 2018	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Equity [Line Items]
Common stock, shares issued (in shares)					76,516,415	76,516,415		61,631,573
Treasury stock, shares (in shares)					1,225,085	1,225,085		352,523
Proceeds from issuance of shares, net of issuance costs						$ 13,392	$ 0
Treasury stock, value					$ 3,253	$ 3,253		$ 1,274
Warrants outstanding					2,623,776	2,623,776		1,273,776
Common stock, par value (in usd per share)					$ 0.0005	$ 0.0005		$ 0.0005
Increase to additional paid-in-capital						$ 200
Minimum
Equity [Line Items]
Exercise price of warrants (in usd per share)					3.75	$ 3.75
Maximum
Equity [Line Items]
Exercise price of warrants (in usd per share)					$ 8	$ 8
Accelerated Vesting of RSUs
Equity [Line Items]
Treasury stock, repurchased		729,167
Treasury stock, repurchased value		$ 1,581
Warrant
Equity [Line Items]
Issuance of common shares upon exercise of warrants, shares				300,000
Additional Paid-in Capital
Equity [Line Items]
Increase to additional paid-in-capital					$ 0	$ 200
Registered Direct Offering \| Common Stock
Equity [Line Items]
Issuance of shares, net of offering costs, shares			2,700,000
Common stock purchase price per share			$ 5.00
Proceeds from issuance of shares, net of issuance costs			$ 13,392
Issuance costs			$ 108
Registered Direct Offering \| Warrant
Equity [Line Items]
Issuance of shares, net of offering costs, shares			1,350,000
Exercise price of warrants (in usd per share)			$ 6.00
Warrants exercisable period			2 years
Restricted Stock Units
Equity [Line Items]
Shares issued from vesting						12,184,842
Common shares withheld to pay withholding taxes						872,562
Whitehorse Warrants
Equity [Line Items]
Minimum share price to transfer common stock underlying warrants (in usd per share)	$ 3.8334			$ 4.5
Whitehorse Warrants \| H.I.G. Whitehorse SMA ABF, L.P.
Equity [Line Items]
Exercise price of warrants (in usd per share)	$ 3.00
Warrant rights exercisable	46,667
Common stock, par value (in usd per share)	$ 0.0005
Whitehorse Warrants \| H.I.G. Whitehorse SMA Holdings I, LLC
Equity [Line Items]
Exercise price of warrants (in usd per share)	$ 3.00
Warrant rights exercisable	66,666
Whitehorse Warrants \| Whitehorse Finance, Inc.
Equity [Line Items]
Exercise price of warrants (in usd per share)	$ 3.00
Warrant rights exercisable	186,667
Put Rights \| Whitehorse Warrants
Equity [Line Items]
Exercise price of warrants (in usd per share)	$ 3.8334
Red Violet, Inc. \| Spin-off \| Warrant
Equity [Line Items]
Issuance of shares, net of offering costs, shares	40,000
Sale of shares in private placement	$ 200

Share-based compensation - Additional Information (Detail) - USD ($)						1 Months Ended		3 Months Ended			9 Months Ended
	Mar. 12, 2018	Sep. 06, 2017	Dec. 08, 2015	Nov. 16, 2015	Oct. 14, 2014	Jan. 31, 2018	Dec. 31, 2017	Sep. 30, 2018	Mar. 31, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Jun. 29, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense											$ 11,855,000	$ 25,456,000
Share-based compensation expense								$ 2,593,000		$ 11,071,000	27,568,000	27,702,000
Closing stock market price													$ 2.15
Michael Brauser, Chairman of the Board
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
Business consulting services agreement period		4 years
Consulting services agreement effective date		Jun. 23, 2017
Share-based compensation expense								302,000			302,000
Share-based compensation expense									6,468,000
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized share-based compensation costs in respect of granted RSUs								10,299,000			$ 10,299,000
Unrecognized share-based compensation weighted average period											1 year 9 months 24 days
Restricted Stock Units \| Michael Brauser, Chairman of the Board
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares accelerated	2,500,000
Accelerated share-based compensation expense									$ 6,468,000
Share units, granted				5,000,000
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.
Restricted share units, issued						1,250,000	1,250,000
Restricted Stock Units \| Stockholder Approval \| Michael Brauser, Chairman of the Board
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
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares accelerated											47,500
Share-based compensation expense								0		$ 31,000	$ 243,000	$ 91,000
Unrecognized share-based compensation cost with respect to outstanding stock options								$ 0			$ 0
Restricted Stock Units, Common Stock Grants and Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of restricted stock units outstanding							8,150,905	3,842,631			3,842,631
Share units, granted											4,565,125
Share vested not delivered											11,462,280
Marlin Capital Investments, LLC \| 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 \| Restricted Stock Units
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 \| Restricted Stock Units
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
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								7,529,133			7,529,133
2008 Stock Incentive Plan
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
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock reserved for future issuance								303,074			303,074
The Acceleration
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 \| Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares accelerated	4,960,498
The Acceleration \| Restricted Stock Units \| Michael Brauser, Chairman of the Board
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares accelerated	2,500,000
The Acceleration \| Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares accelerated	47,500
The Acceleration \| Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares accelerated	150,000
The Acceleration \| Marlin Capital Investments, LLC \| Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares accelerated	500,000
Spin-off Grants \| Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share units, granted											304,000
Award vesting period											3 years
Share vested not delivered									304,000		2,041,000
Spin-off Grants \| Common Stock Grants
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share units, granted									304,000
Share-based compensation expense									$ 881,000
Transaction Grants \| Common Stock Grants
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share vested not delivered									2,041,000
Shares vested period									3 years
Share-based compensation expense									$ 5,409,000
The Acceleration and Spin-off Grants
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Accelerated share-based compensation expense									$ 15,548,000

Share-based compensation - Schedule of Stock Options Activity (Detail) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Number of options
Number of options, beginning balance	222,000
Number of options, expired	(110,000)
Number of options, ending balance	112,000	222,000
Options vested and expected to vest	112,000
Options exercisable	112,000
Weighted average exercise price per share
Weighted average exercise price per share, beginning balance	$ 12.59
Weighted average exercise price per share, expired	11.17
Weighted average exercise price per share, ending balance	13.98	$ 12.59
Options vested and expected to vest	13.98
Weighted average exercise price per share, options exercisable	$ 13.98
Weighted average remaining contractual term, options outstanding	3 years 1 month 18 days	5 years 4 months 24 days
Options vested and expected to vest	3 years 1 month 18 days
Weighted average remaining contractual term, options exercisable	3 years 1 month 18 days
Aggregate intrinsic value, beginning balance	$ 0
Aggregate intrinsic value, ending balance	0	$ 0
Aggregate intrinsic value, options vested and expected to vest	0
Aggregate intrinsic value, options exercisable	$ 0

Share-based compensation - Unvested Balance of Options (Detail) - $ / shares	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Number of options
Unvested, beginning balance	47,500
Vested	(47,500)
Unvested, ending balance	0	47,500
Weighted average exercise price per share
Unvested, beginning balance	$ 8.96
Vested	8.96
Unvested, ending balance	$ 0.00	$ 8.96
Weighted average remaining contractual term
Unvested		7 years 10 months 24 days

Share-based compensation - Unvested Balance of Options - Phantom (Detail)	9 Months Ended
	Sep. 30, 2018 shares
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares accelerated	47,500

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	9 Months Ended
	Sep. 30, 2018 $ / shares shares
Number of units
Number of units, beginning balance \| shares	8,150,905
Number of units, granted \| shares	4,565,125
Number of units, vested and delivered \| shares	(11,462,280)
Number of units, withheld as treasury stock \| shares	(872,562)
Number of units, vested not delivered \| shares	3,766,068
Number of units, forfeitures \| shares	(304,625)
Number of units, ending balance \| shares	3,842,631
Weighted average grant-date fair value
Weighted average grant-date fair value, beginning balance \| $ / shares	$ 9.27
Weighted average grant-date fair value, granted \| $ / shares	2.63
Weighted average grant-date fair value, vested and delivered \| $ / shares	7.63
Weighted average grant-date fair value, withheld as treasury stock \| $ / shares	6.05
Weighted average grant-date fair value, vested not delivered \| $ / shares	9.85
Weighted average grant-date fair value, forfeitures \| $ / shares	4.82
Weighted average grant-date fair value, ending balance \| $ / shares	$ 7.95

Share-based compensation - Schedule of Restricted Share Units, Common Stock Grants and Restricted Stock Activity - Phantom (Detail) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Mar. 31, 2018	Sep. 30, 2018
Restricted Stock Units
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
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share units, granted			4,565,125
Share vested not delivered			11,462,280
Shares vested but deferred in prior periods			6,278,318
Outstanding shares withheld as treasury stock			872,562
Restricted Stock Units or Common Stock Grants
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Decrease in vested and unissued shares in prior period			3,766,068
Weighted average number of shares outstanding, Diluted (in shares)	2,909,917		2,909,917
Spin-off Grants \| Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share units, granted			304,000
Share vested not delivered		304,000	2,041,000
Award vesting period			3 years

Share-based compensation - Share-based Compensation Expenses (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Share Based Compensation Expense Recognized [Line Items]
Share-based compensation expenses	$ 2,593	$ 11,071	$ 27,568	$ 27,702
Share-based compensation capitalized in intangible assets			364	373
Share-based compensation expenses, Total	2,674	11,492	28,113	28,704
Selling and Marketing Expense
Share Based Compensation Expense Recognized [Line Items]
Share-based compensation expenses	728	1,024	2,203	2,428
General and Administrative Expenses
Share Based Compensation Expense Recognized [Line Items]
Share-based compensation expenses	1,865	9,484	4,243	23,028
Spin-off Transaction Costs
Share Based Compensation Expense Recognized [Line Items]
Share-based compensation expenses	0	0	5,409	0
Discontinued Operations
Share Based Compensation Expense Recognized [Line Items]
Share-based compensation expenses	0	563	15,713	2,246
Share-based compensation capitalized in intangible assets	0	236	181	629
Continuing Operations
Share Based Compensation Expense Recognized [Line Items]
Share-based compensation capitalized in intangible assets	$ 81	$ 185	$ 364	$ 373

Segment information - Additional Information (Detail) - segment	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Revenue \| Outside of United States \| Maximum
Segment Reporting Information [Line Items]
Revenue	10.00%	10.00%	10.00%	10.00%
Prior to Spin-off of Red Violet
Segment Reporting Information [Line Items]
Number of reportable segments			2
Number of operating segments			2
After Spin-off of Red Violet
Segment Reporting Information [Line Items]
Number of reportable segments			1
Number of operating segments			1

Related party transactions - Additional Information (Detail) - USD ($) $ in Thousands						3 Months Ended				9 Months Ended
	Mar. 26, 2018	Mar. 12, 2018	Sep. 06, 2017	Aug. 01, 2015	Oct. 14, 2014	Sep. 30, 2018	Mar. 31, 2018	Sep. 30, 2017	Mar. 31, 2017	Sep. 30, 2018	Sep. 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										$ 4,931	$ 4,940
Payment of principal and accrued interest of long-term debt										72,229	3,472
Share-based compensation expense										11,855	25,456
Share-based compensation expense						$ 2,593		$ 11,071		27,568	27,702
DAB Management Group Inc.
Related Party Transaction [Line Items]
Consulting service fees payable				$ 20		0		60		60	180
Michael Brauser, Chairman of the Board
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
Share-based compensation expense							$ 6,468
Another Investor
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
Related Party Transaction [Line Items]
Number of common stock shares to be received by RSU holder										2,000,000
Frost Gamma Investments Trust
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 \| Michael Brauser, Chairman of the Board
Related Party Transaction [Line Items]
Accelerated share-based compensation expense							6,468
Shares accelerated		2,500,000
Restricted Stock Units \| Marlin Capital Investments, LLC
Related Party Transaction [Line Items]
Shares vested beginning date					Oct. 13, 2015					Oct. 13, 2015
Share-based compensation expense (Benefit)						$ 1,792		$ (315)		$ 1,792	$ (934)
Restricted share units, vested		500,000
Accelerated share-based compensation expense							$ 906
Shares accelerated							500,000

Subsequent Events Subsequent Event - Narrative (Details) - Subsequent Event ft² in Thousands, $ in Thousands	Oct. 10, 2018 USD ($) ft²
Subsequent Event [Line Items]
Operating lease agreement	7 years
Area of real estate property \| ft²	43
Collateral account \| $	$ 1,480