XML 37 R27.htm IDEA: XBRL DOCUMENT v3.22.2.2
Segments (Tables)
 9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Schedule of Operating Segments

The Company eliminates intercompany transfers between segments for management reporting purposes. The following table shows information for reportable operating segments (amounts in thousands):

 

                                         
   Three months ended September 30, 2022   Three months ended September 30, 2021 
   Verification and Certification Segment   Software Sales and Related Consulting Segment   Eliminations and Other   Consolidated Totals   Verification and Certification Segment   Software Sales and Related Consulting Segment   Eliminations and Other   Consolidated Totals 
Assets:                                        
Goodwill  $1,947   $999   $-   $2,946   $1,947   $999   $-   $2,946 
All other assets, net   14,134    3,367    885    18,386    17,036    3,311    (2,778)   17,569 
Total assets  $16,081   $4,366   $885   $21,332   $18,983   $4,310   $(2,778)  $20,515 
                                         
Revenues:                                        
Verification and certification service revenue  $5,169   $-   $-   $5,169   $4,701   $-   $-   $4,701 
Product sales   1,588    -    -    1,588    1,383    -    -    1,383 
Software and related consulting revenue   -    508    -    508    -    461    -    461 
Total revenues  $6,757   $508   $-   $7,265   $6,084   $461   $-   $6,545 
Costs of revenues:                                        
Costs of verification and certification services   2,900    -    -    2,900    2,438    -    -    2,438 
Costs of products   826    -    -    826    864    -    -    864 
Costs of software and related consulting   -    359    -    359    -    315    -    315 
Total costs of revenues   3,726    359    -    4,085    3,302    315    -    3,617 
Gross profit   3,031    149    -    3,180    2,782    146    -    2,928 
Depreciation & amortization   149    42    -    191    149    51    -    200 
Other operating expenses    1,855    60    -    1,915    1,542    48    -    1,590 
Segment operating income/(loss)  $1,027   $47   $-   $1,074   $1,091   $47   $-   $1,138 
Other items to reconcile segment operating income (loss) to net income/(loss):                                        
Other income / (expense)   9         -    9    29    (2)   -    27 
Income tax expense   -    -    (298)   (298)   -    -    (298)   (298)
Net income/(loss)  $1,036   $47   $(298)  $785   $1,120   $45   $(298)  $867 

 

Assets:                                        
   Nine months ended September 30, 2022   Nine months ended September 30, 2021 
   Verification and Certification Segment   Software Sales and Related Consulting Segment   Eliminations and Other   Consolidated Totals   Verification and Certification Segment   Software Sales and Related Consulting Segment   Eliminations and Other   Consolidated Totals 
Assets:                                        
Goodwill  $1,947   $999   $-   $2,946   $1,947   $999   $-   $2,946 
All other assets, net   14,134    3,367    885    18,386    17,036    3,311    (2,778)   17,569 
Total assets  $16,081   $4,366   $885   $21,332   $18,983   $4,310   $(2,778)  $20,515 
                                         
Revenues:                                        
Verification and certification service revenue  $12,917   $-   $-   $12,917   $11,659   $-   $-   $11,659 
Product sales   3,473    -    -    3,473    3,071    -    -    3,071 
Software and related consulting revenue   -    2,362    -    2,362    -    1,396    -    1,396 
Total revenues  $16,390   $2,362   $-   $18,752   $14,730   $1,396   $-   $16,126 
Costs of revenues:                                        
Costs of verification and certification services   7,261    -    -    7,261    6,363    -    -    6,363 
Costs of products   1,885    -    -    1,885    1,969    -    -    1,969 
Costs of software and related consulting   -    1,899    -    1,899    -    995    -    995 
Total costs of revenues   9,146    1,899    -    11,045    8,332    995    -    9,327 
Gross profit   7,244    463    -    7,707    6,398    401    -    6,799 
Depreciation & amortization   443    140    -    583    448    153    -    601 
Other operating expenses   4,929    185    -    5,114    4,463    226    -    4,689 
Segment operating income/(loss)  $1,872   $138   $-   $2,010   $1,487   $22   $-   $1,509 
Other items to reconcile segment operating income (loss) to net income/(loss):                                        
Other income / (expense)   108    (35)   -    73    95    (9)   1,037    1,123 
Income tax expense   -    -    (579)   (579)   -    (5)   (408)   (413)
Net income/(loss)  $1,980   $103   $(579)  $1,504   $1,582   $8   $629   $2,219