Business Segment Data

12 Months Ended

Dec. 31, 2013

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

20.  Business Segment Data

Operating segments are based on the Company’s business components about which separate financial information is available and are evaluated regularly by the Company’s chief operating decision maker in deciding how to allocate resources and in assessing performance of the business.

The Company evaluates segment performance and allocates resources based upon operating income.  The Company’s operations are managed in two reportable business segments: Digital display sales and Digital display lease and maintenance.  Both design and produce large-scale, multi-color, real-time digital displays and LED lighting, which has a line of energy-saving lighting solutions that provide facilities and public infrastructure with “green” lighting solutions that emit less heat, save energy and enable creative designs.  Both operating segments are conducted on a global basis, primarily through operations in the United States.  The Company also has operations in Canada.  The Digital display sales segment sells equipment and the Digital display lease and maintenance segment leases and maintains equipment.  Corporate general and administrative items relate to costs that are not directly identifiable with a segment.  There are no intersegment sales.

Foreign revenues represent less than 10% of the Company’s revenues for 2013 and 2012.  The foreign operation does not manufacture its own equipment; the domestic operation provides the equipment that the foreign operation leases or sells.  The foreign operation operates similarly to the domestic operation and has similar profit margins.  Foreign assets are immaterial.

Information about the Company’s continuing operations in its two business segments for the two years ended December 31, 2013 and 2012 and as of December 31, 2013 and 2012 is as follows:

In thousands		2013		2012
Revenues:
Digital display sales	$	14,607	$	16,065
Digital display lease & maintenance		6,300		6,956
Total revenues	$	20,907	$	23,021
Operating income (loss):
Digital display sales	$	(2,050)	$	(2,832)
Digital display lease & maintenance		913		707
Corporate general and administrative expenses		(2,359)		(2,785)
Total operating loss		(3,496)		(4,910)
Interest expense, net		(333)		(297)
Other income		181		-
Loss on sale of receivables - financing expense		(348)		-
Gain on debt extinguishment		13		60
Change in warrant liabilities		1,113		4,041
Loss from continuing operations before income taxes		(2,870)		(1,106)
Income tax benefit (expense)		370		(112)
Loss from continuing operations		(2,500)		(1,218)
Income (loss) from discontinued operations		631		(147)
Net loss	$	(1,869)	$	(1,365)
Assets:
Digital display sales	$	7,370	$	6,504
Digital display lease & maintenance		11,080		13,677
Total identifiable assets		18,450		20,181
General corporate		55		1,164
Total assets	$	18,505	$	21,345
Depreciation and amortization:
Digital display sales	$	167	$	135
Digital display lease & maintenance		3,315		3,804
General corporate		56		165
Total depreciation and amortization	$	3,538	$	4,104
Capital expenditures:
Digital display sales	$	194	$	62
Digital display lease & maintenance		96		487
General corporate		3		7
Total capital expenditures	$	293	$	556