XML 31 R15.htm IDEA: XBRL DOCUMENT v3.8.0.1

Segment Reporting

3 Months Ended

Mar. 31, 2018

Segment Reporting [Abstract]

Segment Reporting

NOTE 9— SEGMENT REPORTING

The Company currently operates in two reportable operating segments, both of which are performed though the Company’s OmniMetrix subsidiary:

● The Power Generation (“PG”) segment provides wireless remote monitoring and control systems and services for critical assets as well as Internet of Things applications.

● The Cathodic Protection (“CP”) segment provides for remote monitoring of cathodic protection systems on gas pipelines for gas utilities and pipeline companies.

The following tables represent segmented data for the three-month periods ended March 31, 2018 and March 31, 2017:

		PG				CP					Total
Three months ended March 31, 2018:
Revenue from external customers		$	886			$	323				$	1,209
Intersegment revenue			—				—					—
Segment gross profit			589				156					745
Depreciation and amortization			12				5					17
Segment loss before income taxes			(22	)			(63	)				(85	)
Three months ended March 31, 2017:
Revenue from external customers		$	898			$	198				$	1,096
Intersegment revenue			—				—					—
Segment gross profit			520				94					614
Depreciation and amortization			16				4					20
Segment loss before income taxes			(145	)			(64	)				(209	)

Reconciliation of Segment Loss to Consolidated Net Loss Before Income Taxes

		Three months ended March 31,
		2018				2017
Total net loss before income taxes for reportable segments		$	(85	)		$	(209	)
Unallocated cost of corporate headquarters			(335	)			(162	)
Consolidated loss before income taxes		$	(420	)		$	(371	)

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI http://asc.fasb.org/topic&trid=2134510

+ Details

Name:	us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration