| Schedule of segment reporting information |
| |
|
IT Commercial |
|
|
IT Government: |
|
|
eSolutions |
|
|
Unallocated/
Corporate/Other
|
|
|
Total |
|
Three months ended March 31, 2014 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues from external customers
|
|
$ |
13,965,000 |
|
|
$ |
1,382,000 |
|
|
$ |
973,000 |
|
|
$ |
-- |
|
|
$ |
16,320,000 |
|
Cost of revenues |
|
$ |
(10,951,000 |
) |
|
$ |
(816,000 |
) |
|
$ |
(202,000 |
) |
|
$ |
-- |
|
|
$ |
(11,969,000 |
) |
Gross margin |
|
$ |
3,013,000 |
|
|
$ |
566,000 |
|
|
$ |
771,000 |
|
|
$ |
-- |
|
|
$ |
4,350,000 |
|
Depreciation and amortization |
|
$ |
21,000 |
|
|
$ |
7,000 |
|
|
$ |
11,000 |
|
|
$ |
-- |
|
|
$ |
39,000 |
|
Amortization of
Intangibles |
|
$ |
192,000 |
|
|
$ |
-- |
|
|
$ |
136,000 |
|
|
$ |
-- |
|
|
$ |
328,000 |
|
Segment profit (loss) |
|
$ |
(99,000 |
) |
|
$ |
84,000 |
|
|
$ |
223,000 |
|
|
$ |
(1,032,000 |
) |
|
$ |
(824,000 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended March 31, 2013 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues from external customers
|
|
$ |
4,276,000 |
|
|
$ |
1,086,000 |
|
|
$ |
-- |
|
|
$ |
-- |
|
|
$ |
5,362,000 |
|
Cost of revenues |
|
$ |
(3,313,000 |
) |
|
$ |
(593,000 |
) |
|
$ |
-- |
|
|
$ |
-- |
|
|
$ |
(3,906,000 |
) |
Gross margin |
|
$ |
963,000 |
|
|
$ |
493,000 |
|
|
$ |
-- |
|
|
$ |
-- |
|
|
$ |
1,456,000 |
|
Depreciation |
|
$ |
8,000 |
|
|
$ |
10,000 |
|
|
$ |
-- |
|
|
$ |
-- |
|
|
$ |
18,000 |
|
Amortization of Intangibles |
|
$ |
63,000 |
|
|
$ |
-- |
|
|
$ |
-- |
|
|
$ |
-- |
|
|
$ |
63,000 |
|
Segment profit (loss) |
|
$ |
(19,000 |
) |
|
$ |
128,000 |
|
|
$ |
-- |
|
|
$ |
(1,604,000 |
) |
|
$ |
(1,495,000 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of March 31, 2014 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total property and equipment |
|
$ |
223,000 |
|
|
$ |
9,000 |
|
|
$ |
31,000 |
|
|
$ |
2,000 |
|
|
$ |
265,000 |
|
Property and equipment additions
|
|
$ |
9,000 |
|
|
$ |
1,000 |
|
|
$ |
-- |
|
|
$ |
-- |
|
|
$ |
10,000 |
|
Intangible assets and goodwill |
|
$ |
9,091,000 |
|
|
$ |
-- |
|
|
$ |
3,676,000 |
|
|
$ |
-- |
|
|
$ |
12,767,000 |
|
Intangible assets and goodwill additions |
|
$ |
-- |
|
|
$ |
-- |
|
|
$ |
59,000 |
|
|
$ |
-- |
|
|
$ |
59,000 |
|
Total segment assets |
|
$ |
31,906,000 |
|
|
$ |
3,765,000 |
|
|
$ |
9,150,000 |
|
|
$ |
(3,141,000 |
) |
|
$ |
41,680,000 |
|
|
| Schedule of financial data by geographic area |
| |
|
United |
|
|
Saudi |
|
|
|
|
|
|
|
| |
|
States |
|
|
Arabia |
|
|
Eliminations |
|
|
Total |
|
Three Months Ended March 31, 2014: |
|
|
|
|
|
|
|
|
|
|
|
|
Revenues by geographic area |
|
$ |
16,320,000 |
|
|
$ |
-- |
|
|
$ |
-- |
|
|
$ |
16,320,000 |
|
Operating loss by geographic area |
|
$ |
(609,000 |
) |
|
$ |
(86,000 |
) |
|
$ |
-- |
|
|
$ |
(695,000 |
) |
Net loss by geographic area |
|
$ |
(738,000 |
) |
|
$ |
(86,000 |
) |
|
$ |
-- |
|
|
$ |
(824,000 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, 2013: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues by geographic area |
|
$ |
5,317,000 |
|
|
$ |
45,000 |
|
|
$ |
-- |
|
|
$ |
5,362,000 |
|
Operating loss by geographic area |
|
$ |
(888,000 |
) |
|
$ |
(74,000 |
) |
|
$ |
-- |
|
|
$ |
(962,000 |
) |
Net loss by geographic area |
|
$ |
(1,421,000 |
) |
|
$ |
(74,000 |
) |
|
$ |
-- |
|
|
$ |
(1,495,000 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of March 31, 2014: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Identifiable assets by geographic area |
|
$ |
40,904,000 |
|
|
$ |
776,000 |
|
|
$ |
-- |
|
|
$ |
41,680,000 |
|
Long lived assets by geographic area |
|
$ |
13,152,000 |
|
|
$ |
4,000 |
|
|
$ |
-- |
|
|
$ |
13,156,000 |
|
|