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Segment Information
 9 Months Ended
Sep. 30, 2014
Segment Information [Abstract]  
Segment Information
10. Segment Information

 

As of January 1, 2014, the Company's businesses are organized, managed and internally reported as four operating segments.  Two of these operating segments, Premier Packaging Corporation, and Plastic Printing Professionals, Inc., dba DSS Plastics Group are engaged in the printing and production of paper, cardboard and plastic documents with a wide range of features, including the Company's patented technologies and trade secrets designed for the protection of documents against unauthorized duplication and altering. Previously, the Company maintained a separately located operating segment, DSS Printing Group. This operating segment was relocated to the Company's packaging facility in Victor, New York in January 2014. For presentation purposes, the 2013 Printing Group segment and Packaging segment amounts were combined to be consistent with the 2014 segment presentation. The two other operating segments, ExtraDev, Inc., dba DSS Digital Group, and DSS Technology Management, Inc., are engaged in various aspects of developing, acquiring, selling and licensing technology assets and are grouped into one reportable segment called Technology. DSS Technology Management acquires or internally develops patented technology or intellectual property assets (or interests therein), with the purpose of monetizing these assets through a variety of value-enhancing initiatives, including, but not limited to, investments in the development and commercialization of patented technologies, licensing, strategic partnerships and commercial litigation. DSS Digital Group researches and develops intellectual property, products and services for purposes of creating commercial sales of products that are based on internally developed intellectual property and intellectual property assets and rights acquired by DSS Technology Management. DSS Digital Group also provides IT sales and services including remote server and application hosting, cloud computing, secure document systems, back-up and disaster recovery services and custom program development services.

 

Approximate information concerning the Company's operations by reportable segment for the three and nine months ended September 30, 2014 and 2013 is as follows. The Company relies on intersegment cooperation and management does not represent that these segments, if operated independently, would report the results contained herein:

 

                           
Three Months Ended September 30, 2014   Packaging and Printing   Plastics   Technology   Corporate   Total
Revenues from external customers      $ 3,575,000     914,000     475,000     -   $ 4,964,000
Depreciation and amortization     150,000     27,000     1,145,000     -     1,322,000
Stock based compensation     18,000     10,000     24,000     213,000     265,000
Impairment of investment     -     -     11,750,000     -     11,750,000
Less: loss attributable to noncontrolling interest     -     -     4,700,000     -     4,700,000
Net income (loss) to common shareholders     297,000     45,000     (7,658,000)     (753,000)     (8,069,000)

 

Nine Months Ended September 30, 2014   Packaging and Printing   Plastics   Technology   Corporate   Total
Revenues from external customers      $ 9,321,000     2,735,000     1,419,000     -   $ 13,475,000
Depreciation and amortization     406,000     127,000     3,389,000     1,000     3,923,000
Stock based compensation     111,000     62,000     141,000     791,000     1,105,000
Impairment of investment     -     -     11,750,000     -     11,750,000
Less: loss attributable to noncontrolling interest     -     -     4,700,000     -     4,700,000
Net income (loss) to common shareholders     496,000     22,000     (10,890,000)     (3,096,000)     (13,468,000)
Identifiable assets     9,519,000     2,083,000     41,773,000     1,014,000     54,389,000

 

Three Months Ended September 30, 2013   Packaging and Printing   Plastics   Technology   Corporate   Total
Revenues from external customers      $ 2,859,000     813,000     577,000     -   $ 4,249,000
Depreciation and amortization     151,000     43,000     1,012,000     1,000     1,207,000
Deferred tax benefit, net     -     -     -     (9,205,000)     (9,205,000)
Net income (loss)     27,000     (30,000)     (1,820,000)     8,285,000     6,462,000

 

Nine Months Ended September 30, 2013   Packaging and Printing   Plastics   Technology   Corporate   Total
Revenues from external customers      $ 8,609,000     2,619,000     1,071,000     -   $ 12,299,000
Depreciation and amortization     454,000     134,000     1,071,000     2,000     1,661,000
Net income (loss)     145,000     9,000     (2,213,000)     5,464,000     3,405,000
Identifiable assets     10,133,000     2,039,000     51,633,000     1,017,000     64,822,000