Discontinued Operations

12 Months Ended

Dec. 31, 2014

Discontinued Operations [Abstract]

DISCONTINUED OPERATIONS

12.   DISCONTINUED OPERATIONS

Prior to December 31, 2013, the Company provided hard copy and digital format oil and gas production maps for the oil and gas industry. On December 31, 2013, the Company sold its oil and gas mapping business to its former Chief Executive Officer in consideration for his agreement to assume all liabilities associated with the mapping business. At the time of the transfer, the mapping business had assets of $2,729 and liabilities of $2,277. The Company recognized a loss on the transfer of $452 which was charged to equity. There was no gain or loss on disposal relating to the Company’s discontinued operations.

The components of the discontinued operations are as follows:

	2013 Fiscal Period
Revenues	$	455
Cost of services		183
Gross profit		272
Other Income		1,685
Net gain	$	1,957

Other income arose due the write back of a provision for doubtful debts recorded in a prior period.