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Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2014
Discontinued Operations And Disposal Groups [Abstract]  
Assets and Liabilities Held For Sale

American Access Technologies, Inc.

Assets and Liabilities held for sale

(in thousands)  

 

 

December 31, 2014

 

 

December 31, 2013

 

 

(unaudited)

 

 

 

 

 

Current assets held for sale

$

-

 

 

$

3,113

 

Long term assets held for sale

 

650

 

 

 

2,005

 

Total assets held for sale

$

650

 

 

$

5,118

 

Current liabilities held for sale

 

-

 

 

 

536

 

Total Liabilities held for sale

 

-

 

 

 

536

 

Net assets and liabilities held for sale

$

650

 

 

$

4,582

 

 

Condensed Consolidated Statements of Operations

American Access Technologies, Inc.

Condensed Statements of Operations

Unaudited

(in thousands)

 

 

Year Ended December 31,

 

 

2014

 

 

 

2013

 

Operating income (loss) from discontinued operations

$

(373

)

 

$

(709

)

Provision for income taxes

 

-

 

 

 

-

 

Valuation provision ("impairment") on assets for sale

 

(2,300

)

 

 

-

 

Income taxes on discontinued operations

 

-

 

 

 

-

 

Net loss after tax

$

(2,673

)

 

$

(709

)

 

 

 

 

 

 

 

 

 

Condensed Consolidated Statements of Cash Flows

 

Year Ended December 31,

 

 

2014

 

 

2013

 

Net cash (used in) operating activities

$

(1,691

)

 

$

(496

)

Net cash provided by (used in) investing activities*

 

2,769

 

 

 

(176

)

Net cash (used in) financing activities

 

-

 

 

 

(58

)

Advances (to) from parent

 

(1,078

)

 

 

730

 

Net increase (decrease) in cash and cash equivalents

$

-

 

 

$

-

 

* Includes sale proceeds of $2.3 million.