Helios and Matheson Analytics Inc (HMNY)

[Instrumentalist]

That was to BUY moviepass.

Helios & Matheson reported a loss of $150.8 million for last year, "primarily due to the acquisition of MoviePass," according to the filing. That's compared with a loss of $7.4 million in 2016.
Farnsworth emphasized to Business Insider that the $150.8 million wasn't an entire cash loss for the company.
"Out of the $150 million, basically $110 million is all non-cash — derivative accounting," Farnsworth told Business Insider Tuesday. "The gross loss is only $10 million cash."