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Investment in DSIT Solutions, Ltd. ('DSIT') (Tables)
3 Months Ended
Mar. 31, 2018
Investment In Dsit Solutions Ltd. Dsit  
Schedule of Condensed Consolidated Statements of Operations

The Company’s share of DSIT’s net income for the period from January 1, 2018 to the Closing Date and the three-month period ended March 31, 2017 can be seen below:

 

    Period from January 1, 2018 to the Closing Date     Three months ending
March 31, 2017
 
             
Revenue   $ 4,481     $ 4,061  
Cost of sales     2,842       2,766  
Gross profit     1,639       1,295  
                 
Net income   $ 160     $ 86  
                 
Acorn’s share of net income in DSIT   $ 33     $ 36  

Schedule of Equity Investment Balance in DSIT

The activity of the Company’s Investment in DSIT for the period from January 1, 2018 to March 31, 2018 can be seen below:

 

   

Equity Investment balance in

DSIT

 
Balance at December 31, 2017   $ 5,800  
Acorn’s share of net income in DSIT for the period from January 1, 2018 to the Closing Date     33  
Impairment     (33 )
Sale of Investment in DSIT     (5,800 )
Balance at March 31, 2018   $