Subsequent Events

6 Months Ended

Jun. 30, 2017

Subsequent Events [Abstract]

Subsequent Events

Note K – Subsequent Events

At the Board Meeting in July of 2017, it was determined that Path logic met the classification as held for sale.  On August 1, 2017, the Company completed the sale of its equity interests in PathLogic, our laboratory located in West Sacramento, California.  The Company anticipates recording a loss on the sale of approximately $1.25 to $1.5 million in the third quarter of 2017.  PathLogic had sales of $3.3 million and $3.9 million for the periods ended June 30, 2017 and 2016, respectively.  PathLogic had full year 2016 revenue of $7.3 million.  PathLogic had operating losses of $1.6 million and $1.4 million for the periods ended June 30, 2017 and 2016, respectively.  Path-Logic had a full year 2016 operating loss of $3.1 million.