Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting and Foreign Operations (Tables)

v3.7.0.1
Segment Reporting and Foreign Operations (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting and Foreign Operations [Abstract]  
Schedule of financial data by business segment
    Indoor Positioning  
Analytics
    Infrastructure     Consolidated  
                   
For the Three Months Ended June 30, 2017:      
       
Net revenues   $ 1,156     $ 13,940     $ 15,096  
Cost of net revenues   $ (380 )   $ (11,332 )   $ (11,712 )
Gross profit   $ 776     $ 2,608     $ 3,384  
Gross margin %     67 %     19 %     22 %
Depreciation and amortization   $ 93     $ 340     $ 433  
Amortization of intangibles   $ 864     $ 519     $ 1,383  
                         
For the Three Months Ended June 30, 2016:                        
                         
Net revenues   $ 1,283     $ 12,049     $ 13,332  
Cost of net revenues   $ (291 )   $ (9,597 )   $ (9,888 )
Gross profit   $ 992     $ 2,452     $ 3,444  
Gross margin %     77 %     20 %     26 %
Depreciation and amortization   $ 90     $ 197     $ 287  
Amortization of intangibles   $ 865     $ 192     $ 1,057  
                         
For the Six Months Ended June 30, 2017:                        
                         
Net revenues   $ 2,137     $ 26,441     $ 28,578  
Cost of net revenues   $ (723 )   $ (21,182 )   $ (21,905 )
Gross profit   $ 1,414     $ 5,259     $ 6,673  
Gross margin %     66 %     20 %     23 %
Depreciation and amortization   $ 168     $ 665     $ 833  
Amortization of intangibles   $ 1,729     $ 1,038     $ 2,767  
                         
For the Six Months Ended June 30, 2016:                        
                         
Net revenues   $ 2,306     $ 25,113     $ 27,419  
Cost of net revenues   $ (577 )   $ (19,451 )   $ (20,028 )
Gross profit   $ 1,729     $ 5,662     $ 7,391  
Gross margin %     75 %     23 %     27 %
Depreciation and amortization   $ 167     $ 383     $ 550  
Amortization of intangibles   $ 1,729     $ 384     $ 2,113  
Schedule of reconciliation of reportable segments' combined income from operations to the consolidated loss before income taxes

    For the Three Months Ended
June 30,
    For the Six Months Ended 
June 30,
 
    2017     2016     2017     2016  
Income from operations of reportable segments   $ 3,384     $ 3,444     $ 6,673     $ 7,391  
Unallocated operating expenses     (8,614 )     (7,392 )     (17,260 )     (15,521 )
Interest expense     (1,344 )     (255 )     (2,027 )     (398 )
Other income (expense)     152       28       143       47  
Loss from discontinued operations     (9 )     --       (17 )     --  
Consolidated loss before income taxes   $ (6,431 )   $ (4,175 )   $ (12,488 )   $ (8,481 )
Schedule of financial data by geographic area

    United           Saudi              
    States     Canada     Arabia     Eliminations     Total  
For the Three Months Ended June 30, 2017:                              
Revenues by geographic area   $ 15,025     $ 70     $ --     $ --     $ 15,096  
Operating loss by geographic area   $ (4,784 )   $ (447 )   $ --     $ --     $ (5,230 )
Net income (loss) by geographic area   $ (5,975 )   $ (447 )   $ (9 )   $ --     $ (6,431 )
                                         
For the Three Months Ended June 30, 2016:                                        
Revenues by geographic area   $ 13,326     $ 6     $ --     $ --     $ 13,332  
Operating loss by geographic area   $ (3,491 )   $ (450 )   $ (7 )   $ --     $ (3,948 )
Net loss by geographic area   $ (3,718 )   $ (450 )   $ (7 )   $ --     $ (4,175 )
                                         
For the Six Months Ended June 30, 2017:                                        
Revenues by geographic area   $ 28,452     $ 126     $ --     $ --     $ 28,578  
Operating loss by geographic area   $ (9,739 )   $ (848 )   $ --     $ --     $ (10,586 )
Net loss by geographic area   $ (11,622 )   $ (848 )   $ (17 )   $ --     $ (12,487 )
                                         
For the Six Months Ended June 30, 2016:                                        
Revenues by geographic area   $ 27,375     $ 44     $ --     $ --     $ 27,419  
Operating loss by geographic area   $ (7,282 )   $ (832 )   $ (16 )   $ --     $ (8,130 )
Net loss by geographic area   $ (7,633 )   $ (832 )   $ (16 )   $ --     $ (8,481 )
                                         
As of June 30, 2017:                                        
Identifiable assets by geographic area   $ 49,081     $ 600     $ 23     $ --     $ 49,704  
Long lived assets by geographic area   $ 26,919     $ 406     $ --     $ --     $ 27,325  
                                         
As of December 31, 2016:                                        
Identifiable assets by geographic area   $ 66,050     $ 400     $ 23     $ --     $ 66,473  
Long lived assets by geographic area   $ 29,843     $ 319     $ --     $ --     $ 30,162