Segment reporting

9 Months Ended

Sep. 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 September 30, 2014, and December 31, 2013, and for the three and nine months ended September 30, 2014, and September 30, 2013, respectively, are as follows:

		Medicsight
		Software/Devices		Services		Intellectual property		Gaming		Unallocated corporate/other		Total
Three months ended September 30, 2014
Revenue from external customers	$	–	$	–	$	–	$	297	$	–	$	297
Cost of revenue		–		–		–		(168)		–		(168)
Gross margin		–		–		–		129		–		129
Operating profit/(loss )		–		–		(84)		(763)		(596)		(1,443)
Three months ended September 30, 2013
Revenue from external customers	$	4	$	–	$	–	$	36	$	–	$	40
Cost of revenue		–		–		–		(118)		–		(118)
Gross margin		4		–		–		(82)		–		(78)
Operating profit/(loss)		4		–		251		(419)		(2,738)		(2,902)
Nine months ended September 30, 2014
Revenue from external customers	$	80	$	–	$	–	$	622	$	–	$	702
Cost of revenue		–		–		–		(384)		–		(384)
Gross margin		80		–		–		238		–		318
Operating profit/(loss )		80		–		(350)		(2,224)		(1,781)		(4,275)
Nine months ended September 30, 2013
Revenue from external customers	$	42	$	97	$	–	$	54	$	–	$	193
Cost of revenue		–		(63)		–		(138)		–		(201)
Gross margin		42		34		–		(84)		–		(8)
Operating profit/(loss )		27		27		(675)		(560)		(6,556)		(7,137)
September 30, 2014
Cash and cash equivalents (excludes $138 of restricted cash)	$	–	$	–	$	12	$	745	$	1,448	$	2,205
Property and equipment		–		–		–		40		8		48
Intangible assets		–		–		1,437		1,299		–		2,736
Goodwill		–		–		–		6,444		–		6,444
Additions:
Property and equipment		–		–		–		33		–		33
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
Additions:
Property and equipment		–		–		–		42		9		51
Intangible assets		–		–		–		1,002		–		1,002
Goodwill		–		–		–		6,444		–		6,444