Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting and Foreign Operations (Tables)

v3.2.0.727
Segment Reporting and Foreign Operations (Tables)
6 Months Ended
Jun. 30, 2015
Segment Reporting and Foreign Operations [Abstract]  
Schedule of segment reporting information

 

   
Mobile, IoT & Big Data Products
    Storage and Computing     SaaS Revenues     Professional Services     Consolidated  
                               
Three Months Ended June 30, 2015                  
                   
Net revenues   $ 233     $ 13,363     $ 987     $ 3,114     $ 17,697  
Cost of net revenues   $ (68 )   $ (10,292 )   $ (206 )   $ (1,435 )   $ (12,001 )
Gross profit   $ 165     $ 3,071     $ 781     $ 1,679     $ 5,696  
Gross margin %     71 %     23 %     79 %     54 %     32 %
Depreciation and amortization   $ 24     $ 30     $ 23     $ 1     $ 78  
Amortization of intangibles   $ 672     $ 192     $ 136     $ --     $ 1,000  
                                         
Three Months Ended June 30, 2014                                        
                                         
Net revenues   $ 1,106     $ 12,768     $ 1,008     $ 2,262     $ 17,144  
Cost of net revenues   $ (126 )   $ (10,021 )   $ (198 )   $ (1,120 )   $ (11,465 )
Gross profit   $ 980     $ 2,747     $ 810     $ 1,142     $ 5,679  
Gross margin %     89 %     22 %     80 %     51 %     33 %
Depreciation and amortization   $ 30     $ 45     $ 7     $ 4     $ 86  
Amortization of intangibles   $ 921     $ 192     $ 136     $ --     $ 1,249  
                                         
Six Months Ended June 30, 2015                                        
                                         
Net revenues   $ 376     $ 23,640     $ 1,960     $ 5,843     $ 31,819  
Cost of net revenues   $ (194 )   $ (18,822 )   $ (428 )   $ (2,632 )   $ (22,076 )
Gross profit   $ 182     $ 4,818     $ 1,532     $ 3,211     $ 9,743  
Gross margin %     48 %     20 %     78 %     55 %     32 %
Depreciation and amortization   $ 55     $ 62     $ 45     $ 1     $ 163  
Amortization of intangibles   $ 1,225     $ 384     $ 272     $ --     $ 1,881  
                                         
Six Months Ended June 30, 2014                                        
                                         
Net revenues   $ 1,106     $ 25,970     $ 1,980     $ 4,409     $ 33,465  
Cost of net revenues   $ (126 )   $ (20,452 )   $ (401 )   $ (2,456 )   $ (23,435 )
Gross profit   $ 980     $ 5,518     $ 1,579     $ 1,953     $ 10,030  
Gross margin %     89 %     21 %     80 %     44 %     32 %
Depreciation and amortization   $ 30     $ 65     $ 18     $ 12     $ 125  
Amortization of intangibles   $ --     $ 384     $ 272     $ 921     $ 1,577  

 

Schedule of reconciliation of reportable "segments" combined income from operations

 

    For the Three Months Ended
June 30,
  For the Six Months Ended 
June 30,
    2015   2014   2015   2014
Income from operations of reportable segments   $ 5,696     $ 5,679     $ 9,743     $ 10,030  
Unallocated corporate expenses     (7,391 )     (8,050 )     (14,248 )     (13,095 )
Interest expense     (121 )     (104 )     (220 )     (212 )
Other income (expense)     121       12       126       26  
Consolidated loss before income taxes   $ (1,695 )   $ (2,463 )   $ (4,599 )   $ (3,251 )

 

Schedule of financial data by geographic area

  

    United       Saudi        
    States   Canada   Arabia   Eliminations   Total
Three Months Ended June 30, 2015:                                        
Revenues by geographic area   $ 17,680     $ 17     $     $     $ 17,697  
Operating loss by geographic area   $ (1,478 )   $ (211 )   $ (6 )   $     $ (1,695 )
Net income (loss) by geographic area   $ (1,487 )   $ (211 )   $ 3     $     $ (1,695 )
                                         
Three Months Ended June 30, 2014:                                        
Revenues by geographic area   $ 17,137     $ 7     $     $     $ 17,144  
Operating loss by geographic area   $ (2,028 )   $ (231 )   $ (112 )   $     $ (2,371 )
Net loss by geographic area   $ (2,119 )   $ (232 )   $ (112 )   $     $ (2,463 )
                                         
Six Months Ended June 30, 2015:                                        
Revenues by geographic area   $ 31,802     $ 17     $     $     $ 31,819  
Operating loss by geographic area   $ (3,998 )   $ (492 )   $ (15 )   $     $ (4,505 )
Net loss by geographic area   $ (4,101 )   $ (492 )   $ (6 )   $     $ (4,599 )
                                         
Six Months Ended June 30, 2014:                                        
Revenues by geographic area   $ 33,458     $ 7     $     $     $ 33,465  
Operating loss by geographic area   $ (2,637 )   $ (231 )   $ (197 )   $     $ (3,065 )
Net loss by geographic area   $ (2,858 )   $ (231 )   $ (197 )   $     $ (3,286 )
                                         
As of June 30, 2015:                                        
Identifiable assets by geographic area   $ 64,458     $ 305     $ 774     $     $ 65,537  
Long lived assets by geographic area   $ 34,506     $ 27     $     $     $ 34,533  
                                         
As of December 31, 2014:                                        
Identifiable assets by geographic area   $ 61,149     $ 133     $ 778     $     $ 62,060  
Long lived assets by geographic area   $ 32,398     $ 30     $     $     $ 32,428