Segment reporting

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Note 10. Segment reporting

Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision–making group in deciding how to allocate resources and in assessing performance. Our chief operating decision–making group is composed of the chief executive officer and chief financial officer. We operate in four operational segments, Medicsight Software/Devices, Medicsight Services, Gaming and Intellectual Property. Certain corporate expenses are not allocated to segments. We evaluate performance of our operating segments based on revenue and operating profit / (loss). Segment information as of June 30, 2014 and December 31, 2013 and for the three and six months ended June 30, 2014 and June 30, 2013 are as follows:

	Medicsight
	Software/Devices		Services		Intellectual property		Gaming		Unallocated corporate/other		Total
Three months ended June 30, 2014
Revenue from external customers	$	37	$	–	$	–	$	283	$	–	$	320
Cost of revenue		–		–		–		(167)		–		(167)
Gross margin		37		–		–		116		–		153
Operating profit/(loss )		37		–		(165)		(1,088)		(311)		(1,527)
Three months ended June 30, 2013
Revenue from external customers	$	27	$	22	$	–	$	18	$	–	$	67
Cost of revenue		–		–		–		(20)		–		(20)
Gross margin		27		22		–		(2)		–		47
Operating profit/(loss)		27		22		(205)		(141)		(2,800)		(3,097)
Six months ended June 30, 2014
Revenue from external customers	$	80	$	–	$	–	$	325	$	–	$	405
Cost of revenue		–		–		–		(216)		–		(216)
Gross margin		80		–		–		109		–		189
Operating profit/(loss )		80		–		(266)		(1,461)		(1,185)		(2,832)
Six months ended June 30, 2013
Revenue from external customers	$	38	$	97	$	–	$	18	$	–	$	153
Cost of revenue		–		(63)		–		(20)		–		(83)
Gross margin		38		34		–		(2)		–		70
Operating profit/(loss )		23		27		(326)		(141)		(3,818)		(4,235)
June 30, 2014
Cash and cash equivalents (excludes $138 of restricted cash)	$	–	$	–	$	10	$	691	$	1,724	$	2,425
Property and equipment		–		–		–		38		10		48
Intangible assets		–		–		1,488		1,425		–		2,913
Goodwill		–		–		–		6,444		–		6,444
Additions:
Property and equipment		–		–		–		24		–		24
Intangible assets		–		–		–		790		–		790
Goodwill		–		–		–		–		–		–
December 31, 2013
Cash and cash equivalents (excludes $140 of restricted cash)	$	–	$	–	$	6	$	338	$	4,298	$	4,642
Property and equipment		–		–		–		28		17		45
Intangible assets		–		–		2,007		416		–		2,423
Goodwill		–		–		–		6,444		–		6,444