XML 38 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Net revenues:        
Service revenue $ 162 $ 274 $ 645 $ 714
Product sales 17 22 328 75
Total net revenues 179 296 973 789
Costs and expenses:        
Selling, general and administrative 893 1,328 3,365 4,277
Cost of product sales 8 13 185 32
Total costs and expenses 901 1,341 3,550 4,309
Loss from operations (722) (1,045) (2,577) (3,520)
Other (expense) income:        
Gain on settlement of claims 0 0 1,607 0
Gain on sale of assets 27 0 270 0
Interest expense (111) 0 (214) (3)
Total other (expense) income (84) 0 1,663 (3)
Loss from continuing operations before reorganization items (806) (1,045) (914) (3,523)
Reorganization items (9) (24) (42) (134)
Gain on settlement of pre-petition liabilities 0 0 0 25
Loss from continuing operations (815) (1,069) (956) (3,632)
Income from discontinued operations 60 436 385 1,169
Net loss (755) (633) (571) (2,463)
Loss attributable to noncontrolling interests, continuing operations 177 98 535 213
Income attributable to noncontrolling interests, discontinued operations 0 (200) 0 (399)
Net loss attributable to 4Licensing Corporation (578) (735) (36) (2,649)
Basic and diluted (loss) earnings per share attributable to 4Licensing Corporation common shareholders        
Continuing operations (in dollars per share) $ (0.05) $ (0.08) $ (0.03) $ (0.26)
Discontinued operations (in dollars per share) $ 0.01 $ 0.03 $ 0.03 $ 0.07
Basic and diluted loss per share attributable to 4Licensing Corporation common shareholders $ (0.04) $ (0.05) $ 0 $ (0.19)
Weighted average common shares outstanding - basic (in shares) 13,738,773 13,714,992 13,727,812 13,714,992
Weighted average common shares outstanding - diluted (in shares) 13,738,773 13,714,992 13,727,812 13,714,992
Net loss attributable to 4Licensing Corporation:        
Loss from continuing operations (815) (1,069) (956) (3,632)
Loss attributable to noncontrolling interests, continuing operations 177 98 535 213
Net loss from continuing operations (638) (971) (421) (3,419)
Income from discontinued operations 60 436 385 1,169
Income attributable to noncontrolling interests, discontinued operations 0 (200) 0 (399)
Net income from discontinued operations 60 236 385 770
Net loss attributable to 4Licensing Corporation $ (578) $ (735) $ (36) $ (2,649)