Business Segment Data

12 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

19.  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 product sales and Digital product lease and maintenance.  Both design and produce large-scale, multi-color, real-time digital products 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 product sales segment sells equipment and the Digital product 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 2016 and 2015.  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 operations in its two business segments for the years ended December 31, 2016 and 2015 and as of December 31, 2016 and 2015 were as follows:

In thousands	2016		2015
Revenues:
Digital product sales	$	18,138	$	19,994
Digital product lease & maintenance		3,053		3,573
Total revenues	$	21,191	$	23,567
Operating income (loss):
Digital product sales	$	1,631	$	574
Digital product lease & maintenance		825		660
Corporate general and administrative expenses		(3,276)		(3,386)
Total operating loss		(820)		(2,152)
Interest expense, net		(374)		(306)
(Loss) gain on foreign currency remeasurement		(45)		478
Gain on extinguishment of debt		462		314
Gain on sale/leaseback transaction		121		-
Warrant expense		(21)		(60)
Loss before income taxes		(677)		(1,726)
Income tax benefit (expense)		66		(23)
Net loss		(611)		(1,749)
Assets:
Digital product sales	$	8,753	$	6,955
Digital product lease & maintenance		4,055		5,488
Total identifiable assets		12,808		12,443
General corporate		606		547
Total assets	$	13,414	$	12,990
Depreciation and amortization:
Digital product sales		115		100
Digital product lease &  maintenance		1,638		2,268
General corporate		21		75
Total depreciation and amortization	$	1,774	$	2,443
Capital expenditures:
Digital product sales	$	2,033	$	169
Digital product lease & maintenance		44		61
General corporate		4		5
Total capital expenditures	$	2,081	$	235