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DISCONTINUED OPERATIONS | 12 Months Ended
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Dec. 31, 2020
Discontinued Operations and Disposal Groups [Abstract] |
DISCONTINUED OPERATIONS | DISCONTINUED OPERATIONS In December 2019, we sold our Workspace Management business to FM:Systems for approximately $121,500 in cash. We used the proceeds to pay down debt owed to our senior lender. In July 2020 we finalized our working capital adjustment and received funds of $1,687 representing the entire amount of the escrow. This transaction enabled us to focus on and continue to deliver our HCM solutions to small and mid-size businesses. The table below reflects the operating results of the Workspace Management business reported as discontinued operations:
|  | Year Ended December 31
|  | 2019
Revenue |  | $ | 24,619 |
Income from discontinued operations |  | $ | 3,498 |
Gain on sale of discontinued operations |  | 94,293 |
Income tax expense |  | (25,499) |
Income from discontinued operations, net of taxes |  | $ | 72,292 |
The table below reflects the depreciation, amortization, capital expenditures, and significant operating and investing non-cash items of the Workspace Management business reported as discontinued operations:
|  | Year Ended December 31
|  | 2019
Depreciation and amortization |  | $ | 1,060 |
Provision for doubtful accounts |  | (87) |
Share based compensation |  | 278 |
Capital expenditures |  | (417) |
Software capitalization |  | (1,083) |
Gain on sale of discontinued operations |  | (94,293) |

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- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2122178 + Details
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