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Discontinued Operations
 3 Months Ended
Mar. 31, 2012
Discontinued Operations [Abstract]  
Discontinued Operations

Note 4 – Discontinued Operations

During 2011, our wholly-owned Dutch subsidiary, DigiNotar B.V., was declared bankrupt. The court-appointed trustee is responsible for the business activities, administration and liquidation of

DigiNotar B.V. Accordingly, related assets, liabilities and operating activities are reflected in discontinued operations. Prior periods have been restated to report continuing and discontinued operations.

The income (loss) from discontinued operations, net of tax, for the three months ended March 31, 2012 and 2011 was as follows:

 

     Three months ended March 31,  
     2012     2011  

Income (loss) from operations

    $ -      $ (1,147 ) 

Loss on disposal

      (84 )      -   
  

 

 

    

 

 

  

Income (loss) from discontinued operations

    $ (84 )    $ (1,147 ) 
  

 

 

    

 

 

  

At March 31, 2012, assets of discontinued operations and liabilities of discontinued operations consist of the following:

 

Contingent consideration due from escrow

    $ 1,813   

Due from DigiNotar net of allowance for doubtful account of $952

      414   

Income taxes receivable

      327   
  

 

 

  

Assets of discontinued operations

    $ 2,554   
  

 

 

  

Due to DigiNotar

    $ 1,275   

Accrued professional fees

      74   
  

 

 

  

Liabilities of discontinued operations

    $ 1,349