Annual report pursuant to Section 13 and 15(d)

Discontinued Operations (Tables)

v3.6.0.2
Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2016
Discontinued Operations [Abstract]  
Schedule of assets held for sale

    December 31,  
    2016     2015  
             
Current assets:            
Accounts receivable, net of allowances of $52   $ -     $ 91  
Current assets of discontinued operations   $ -     $ 91  
                 
Long-term Assets:                
Property and equipment, net   $ -     $ 1,245  
Goodwill     -       10,130  
Intangible assets, net     -       10,377  
Long-term assets of discontinued operations   $ -     $ 21,752  
                 
Current liabilities:                
Accrued expenses   $ -     $ 5  
Current liabilities of discontinued operations   $ -     $ 5  

 


    For the year ended
December 31,
 
    2016     2015  
             
Revenues   $ 1,377     $ 10,717  
Cost of revenue     274       1,896  
Gross profit     1,103       8,821  
                 
Operating expenses:                
Depreciation and amortization     439       2,963  
Salaries and wages     844       3,275  
Selling, general and administrative     528       1,997  
Goodwill impairment charge     -       13,219  
Intangible asset impairment charge     -       464  
Total operating expenses     1,811       21,918  
                 
Pre-tax loss from operations     (708 )     (13,097 )
                 
Other (income) expenses:                
Interest expense     (243 )     2,105  
Other expense     (158 )     50  
Gain on disposal     1,574       -  
Total other (income) expense     1,173       2,155  
                 
Pre-tax loss on discontinued operations     465       (15,252 )
                 
(Benefit from) provision for income taxes     -       (128 )
                 
Loss on discontinued operations, net of tax   $ 465     $ (15,124 )