Business Segment Data

12 Months Ended

Dec. 31, 2014

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 2014 and 2013.  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, 2014 and 2013 and as of December 31, 2014 and 2013 were as follows:

In thousands	2014		2013
Revenues:
Digital display sales	$	19,479	$	14,607
Digital display lease & maintenance		4,880		6,300
Total revenues	$	24,359	$	20,907
Operating income (loss):
Digital display sales	$	(1,310)	$	(1,022)
Digital display lease & maintenance		348		913
Corporate general and administrative expenses		(3,290)		(3,387)
Total operating loss		(4,252)		(3,496)
Interest expense, net		(240)		(333)
Other income		-		194
Loss on sale of receivables – financing expense		-		(348)
Change in warrant liabilities		(107)		1,113
Loss from continuing operations before income taxes		(4,599)		(2,870)
Income tax (expense) benefit		(29)		370
Loss from continuing operations		(4,628)		(2,500)
Income from discontinued operations		-		631
Net loss	$	(4,628)	$	(1,869)
Assets:
Digital display sales	$	6,792	$	7,370
Digital display lease & maintenance		7,802		11,080
Total identifiable assets		14,594		18,450
General corporate		651		55
Total assets	$	15,245	$	18,505
Depreciation and amortization:
Digital display sales	$	122	$	167
Digital display lease & maintenance		2,868		3,315
General corporate		13		56
Total depreciation and amortization	$	3,003	$	3,538
Capital expenditures:
Digital display sales	$	8	$	194
Digital display lease & maintenance		44		96
General corporate		75		3
Total capital expenditures	$	127	$	293