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Note 14 - Segment Reporting
 12 Months Ended
Dec. 31, 2021
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]

Note 14 Segment Reporting

 

Segment information reported in the tables below represents the operating segments of the Company organized in a manner consistent with which separate information is available and for which segment results are evaluated regularly by our chief operating decision-maker in assessing performance and allocating resources. Our activities are organized into two major segments: facilities, and systems integration. Our facilities unit is involved in the design, project management and maintenance of data center and mission-critical business operations. Our systems integration unit integrates IT equipment for OEM vendors and customers to be used inside data center environments, including modular data centers. All of our revenues are derived from the U.S. market. Segment operating results reflect earnings before stock-based compensation, acquisition related expenses, other expenses, net, and provision for income taxes.

 

Revenue and operating result by reportable segment reconciled to reportable net loss for the years ended December 31, 2021 and 2020 and other segment-related information is as follows (in thousands):

  

Year Ended December 31,

 
  

2021

  

2020

 
         

Revenues:

        

Facilities

 $7,075  $9,003 

Systems integration services

  20,335   36,059 

Total revenues

 $27,410  $45,062 

Operating income (loss):

        

Facilities

 $499  $1,207 

Systems integration services

  (1,330

)

  (1,607

)

Operating income (loss)

 $(831

)

 $(400

)

         

Depreciation expense:

        

Facilities design and maintenance

 $208  $181 

Systems integration services

  237   254 

Consolidated depreciation expense

 $445  $435 
         

Interest expense

        

Facilities design and maintenance

 $251  $196 

Systems integration services

  179   171 

Consolidated interest expense

 $430  $367 
         

Total Assets

        

Facilities

 $851  $1,366 

Systems integration services

  3,178   2,072 

Other consolidated activities

  15,252   20,370 

Total assets

 $19,281  $23,808 

 

Other consolidated activities includes assets not specifically attributable to each business segment including cash, prepaid and other assets that are managed at a corporate level.