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Segment Information (Tables)
6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Schedule of Operations by Reportable Segment

Approximate information concerning the Company’s operations by reportable segment for the three and six months ended June 30, 2023 and 2022 is as follows. The Company relies on intersegment cooperation and management does not represent that these segments, if operated independently, would report the results contained herein:

 

 

  Product   Commercial   Direct                 
Three Months Ended June 30, 2023  Packaging   Lending   Marketing   Biotechnology   Securities   Corporate   Total 
Revenue  $3,626,000   $197,000   $1,572,000   $-   $1,838,000   $

-

   $7,233,000 
Interest expense   47,000    -    -    -    91,000    -    138,000 
Interest income   -    -    280,000    49,000    78,000    -    407,000 
Net Loss (income) from continuing operations   (205,000)   (1,213,000)   (28,074,000)   (3,934,000)   (4,413,000)   116,000   (37,723,000)
Capital expenditures   4,000    -    (4,000)   12,000    7,000    -    19,000
Identifiable assets   23,080,000    41,324,000    7,159,000    49,952,000    71,610,000    9,619,000    202,744,000 
Assets held for sale   -    -    2,004,000    -    -    -    2,004,000 

 

  Product   Commercial   Direct                 
Three Months Ended June 30, 2022  Packaging   Lending   Marketing   Biotechnology   Securities   Corporate   Total 
Revenue  $3,599,000   $831,000   $6,111,000   $94,000   $823,000   $313,000   $11,771,000 
Interest expense   34,000    -    (321,000)   -    408,000    -    121,000 
interest Income   1,000    -    2,000    91,000    34,000    11,000    139,000 
Net income (loss) from continuing operations   365,000    25,000    892,000    (673,000)   (3,332,000)   (2,687,000)   (5,410,000)
Capital expenditures   254,000    -    12,000    -    2,000    1,000    269,000 
Identifiable assets   26,688,000    52,416,000    52,267,000    56,524,000    85,436,000    9,617,000    282,948,000 

 

  Product   Commercial   Direct   -   -   -   - 
Six Months Ended June 30, 2023  Packaging   Lending   Marketing   Biotechnology   Securities   Corporate   Total 
Revenue  $9,661,000   $314,000   $5,566,000   $-   $3,523,000   $-   $19,064,000 
Interest expense   86,000    -    -    -    302,000    -    388,000 
Interest income   -    -    285,000    143,000    110,000    -    538,000 
Net income (loss) from continuing operations   491,000   (1,777,000)   (31,260,000)   (4,782,000)   (6,441,000)   (2,588,000)   (46,357,000)
Capital expenditures   580,000    -    -    17,000    35,000    (19,000)   613,000 
Identifiable assets   23,080,000    41,324,000    7,159,000    49,952,000    71,610,000    9,619,000    202,744,000 
Assets held for sale   -    -    2,004,000    -    -    -    2,004,000 

 

  Product   Commercial   Direct                 
Six Months Ended June 30, 2022  Packaging   Lending   Marketing   Biotechnology   Securities   Corporate   Total 
Revenue  $7,168,000   $960,000   $13,043,000   $94,000   $2,497,000   $302,000   $24,064,000 
Interest expense   58,000    -    -    -    1,441,000    -    1,499,000 
Stock based compensation   1,000    -    -    -    -    3,000    4,000 
Net income (loss) from continuing operations   323,000    207,000    (3,472,000)   (1,289,000)   (5,838,000)   (4,292,000)   (14,361,000)
Capital expenditures   943,000    -    14,000    -    15,000    4,000    976,000 
Identifiable assets   26,688,000    52,416,000    52,267,000    56,524,000    85,436,000    9,617,000    282,948,000 
Schedule of Disaggregation of Revenue

Printed Products Revenue Information:

 

Three months ended June 30, 2023    
Packaging Printing and Fabrication  $3,571,000 
Commercial and Security Printing   55,000 
Total Printed Products  $3,626,000 

 

Three months ended June 30, 2022    
Packaging Printing and Fabrication  $3,952,000 
Commercial and Security Printing   96,000 
Total Printed Products  $4,048,000 

 

Six months ended June 30, 2023    
Packaging Printing and Fabrication  $9,341,000 
Commercial and Security Printing   320,000 
Total Printed Products  $9,661,000 

 

Six months ended June 30, 2022    
Packaging Printing and Fabrication  $7,468,000 
Commercial and Security Printing   149,000 
Total Printed Products  $7,617,000 

 

Direct Marketing

 

Three months ended June 30, 2023    
Direct Marketing Internet Sales  $1,572,000 
Total Direct Marketing  $1,572,000 

 

Three months ended June 30, 2022    
Direct Marketing Internet Sales  $6,070,000 
Total Direct Marketing  $6,070,000 

 

Six months ended June 30, 2023    
Direct Marketing Internet Sales  $5,566,000 
Total Direct Marketing  $5,566,000 

 

Six months ended June 30, 2022    
Direct Marketing Internet Sales  $13,002,000 
Total Direct Marketing  $13,002,000 

 

 

Rental Income

 

Three months ended June 30, 2023    
Rental income  $1,543,000 
Total Rental Income  $1,543,000 

 

Three months ended June 30, 2022    
Rental income  $1,508,000 
Total Rental Income  $1,508,000 

 

Six months ended June 30, 2023    
Rental income  $3,228,000 
Total Rental Income  $3,228,000 

 

Six months ended June 30, 2022    
Rental income  $3,171,000 
Total Rental Income  $3,171,000 

 

Net Investment Income

 

Three months ended June 30, 2023    
Net Investment Income  $197,000 
Total Investment Income  $197,000 

 

Three months ended June 30, 2022    
Net Investment Income  $145,000 
Total Rental Income  $145,000 

 

Six months ended June 30, 2023    
Net investment income  $314,000 
Total Management fee income  $314,000 

 

Six months ended June 30, 2022    
Net Investment Income  $274,000 
Total Management fee income  $274,000 

 

Commission Income

 

Three months ended June 30, 2023    
Commission income  $295,000 
Total commission income  $295,000 

 

Three months ended June 30, 2022     
Commission income  $- 
Total commission income  $- 

 

Six months ended June 30, 2023    
Commission income  $295,000 
Total commission income  $295,000 

 

Six months ended June 30, 2022     
Commission income  $- 
Total commission income  $-