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Segment Reporting and concentrations
12 Months Ended
Dec. 31, 2019
Segment Reporting and concentrations  
Segment reporting and concentrations

11.         Segment reporting and concentrations

The Company’s operations are classified in three reporting segments: Digital Data Solutions (DDS), Synodex and Agility.

The DDS segment provides a range of solutions and platforms for solving complex data challenges that companies face when they seek to obtain the benefits of AI systems and analytics platforms. These include data annotation, data transformation, data curation and intelligent automation. The DDS segment also provides a variety of services for clients in the information industry that relate to content operations and product development.

The Synodex segment provides an intelligent data platform that transforms medical records into useable digital data organized in accordance with our proprietary data models or client data models.

The Agility segment provides an intelligent data platform that provides marketing communications and public relations professionals with the ability to target and distribute content to journalists and social media influencers world-wide and to monitor and analyze global news channels (print, web, radio and TV) and social media channels.

A significant portion of the Company’s revenues is generated from its facilities in the Philippines, India, Sri Lanka, Canada, Germany, the United Kingdom and Israel.

Revenues from external clients and segment operating profit (loss), and other reportable segment information were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

    

 

 

    

2018

 

 

2019

 

Restated

Revenues:

 

 

  

 

 

  

DDS

 

$

41,172

 

$

43,546

Synodex

 

 

3,942

 

 

4,063

Agility

 

 

10,744

 

 

9,809

Total Consolidated

 

$

55,858

 

$

57,418

Income (loss) before provision for income taxes(1):

 

 

  

 

 

  

DDS

 

$

1,320

 

$

3,625

Synodex

 

 

(129)

 

 

284

Agility

 

 

(1,719)

 

 

(2,347)

Total Consolidated

 

$

(528)

 

$

1,562

Income (loss) before provision for income taxes(2):

 

 

  

 

 

  

DDS

 

$

1,059

 

$

3,391

Synodex

 

 

40

 

 

446

Agility

 

 

(1,627)

 

 

(2,275)

Total Consolidated

 

$

(528)

 

$

1,562

 

 

 

 

 

 

 

 

 

    

 

 

    

December 31, 2018

 

 

December 31, 2019

 

Restated

Total assets:

 

 

  

 

 

  

DDS

 

$

23,196

 

$

21,223

Synodex

 

 

675

 

 

787

Agility

 

 

25,875

 

 

22,930

Total Consolidated

 

$

49,746

 

$

44,940

 

 

 

 

 

 

 

 

 

    

December 31, 2019

    

December 31, 2018

Goodwill:

 

 

  

 

 

  

Agility

 

$

2,108

 

$

2,050

Total

 

$

2,108

 

$

2,050


(1)

Before elimination of any inter-segment profits

(2)

After elimination of any inter-segment profits

Long-lived assets as of December 31, 2019 and 2018 by geographic region were comprised of (in thousands):

 

 

 

 

 

 

 

 

 

    

2019

    

2018

 

 

 

 

 

 

 

United States

 

$

4,591

 

$

4,383

Foreign countries:

 

 

  

 

 

  

Canada

 

 

8,876

 

 

7,023

United Kingdom

 

 

1,907

 

 

2,045

Philippines

 

 

5,135

 

 

900

India

 

 

508

 

 

475

Sri Lanka

 

 

678

 

 

280

Israel

 

 

19

 

 

30

Germany

 

 

 1

 

 

 2

Total foreign

 

 

17,124

 

 

10,755

Totals

 

$

21,715

 

$

15,138

 

Two clients in the DDS segment generated approximately 26% and 30% of the Company’s total revenues in the fiscal years ended December 31, 2019 and 2018, respectively. No other client accounted for 10% or more of total revenues during these periods. Further, in the years ended December 31, 2019 and 2018, revenues from non-US clients accounted for 55% and 56%, respectively, of the Company’s revenues.

Revenues for each of the two years in the period ended December 31, 2019 by geographic region (determined based upon client’s domicile), were as follows (in thousands):

 

 

 

 

 

 

 

 

 

    

2019

    

2018

 

 

 

 

 

 

 

United States

 

$

25,357

 

$

25,403

United Kingdom

 

 

9,577

 

 

10,874

The Netherlands

 

 

6,982

 

 

7,488

Canada

 

 

6,192

 

 

5,985

Others - principally Europe

 

 

7,750

 

 

7,668

Totals

 

$

55,858

 

$

57,418

 

As of December 31, 2019, approximately 60% of the Company’s accounts receivable was due from foreign (principally European) clients and 44% of accounts receivable was due from three clients. As of December 31, 2018, approximately 57% of the Company’s accounts receivable was due from foreign (principally European) clients and 48% of accounts receivable was due from three clients. No other client accounted for 10% or more of the accounts receivable as of December 31, 2019.