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Segment Information
 12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Segment Information

NOTE 13 - SEGMENT INFORMATION

 

As of January 1, 2015, the Company’s businesses are organized, managed and internally reported as four operating segments. Two of these operating segments, Packaging and Printing and Plastics, 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. 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.

 

Approximate information concerning the Company’s operations by reportable segment for the years ended December 31, 2015 and 2014 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:

 

Year Ended December 31, 2015   Packaging and
Printing		     Plastics     Technology     Corporate     Total  
Revenues from external customers   $ 11,797,000       3,904,000       1,804,000       -     $ 17,505,000  
Depreciation and amortization     584,000       120,000       847,000       8,000       1,559,000  
Interest expense     137,000       -       84,000       114,000       335,000  
Stock based compensation     69,000       39,000       112,000       754,000       974,000  
Impairment of goodwill     -       -       9,593,000       -       9,593,000  
Impairment of intangible assets and investments     -       -       500,000       -       500,000  
Income tax expense     -       -       -       22,000       22,000  
Net income (loss) to common stockholders     1,070,000       166,000       (12,944,000 )     (2,601,000 )     (14,309,000 )
Capital expenditures     621,000       52,000       9,000       -       682,000  
Identifiable assets     9,571,000       2,131,000       3,299,000       656,000       15,657,000  

 

Year Ended December 31, 2014   Packaging and
Printing		     Plastics     Technology     Corporate     Total  
Revenues from external customers   $ 12,926,000       3,552,000       1,809,000       -     $ 18,287,000  
Depreciation and amortization     567,000       171,000       4,532,000       4,000       5,274,000  
Interest expense     156,000       7,000       54,000       100,000       317,000  
Stock based compensation     121,000       69,000       155,000       1,010,000       1,355,000  
Impairment of goodwill     -       -       3,000,000       -       3,000,000  
Impairment of intangible assets and investments     -       -       34,035,000       -       34,035,000  
Loss attributable to noncontrolling interest     -       -       (4,700,000 )     -       (4,700,000 )
Income tax benefit     -       -       -       (989,000 )     (989,000 )
Net income (loss) to common stockholders     842,000       (106,000 )     (38,843,000 )     (3,050,000 )     (41,157,000 )
Capital expenditures     717,000       131,000       1,244,000       -       2,092,000  
Identifiable assets     8,873,000       1,872,000       14,872,000       2,133,000       27,750,000  

 

International revenue, which consists of sales to customers with operations in Canada, Western Europe, Latin America, Africa, the Middle East and Asia comprised 2% of total revenue for 2015 (2%- 2014). Revenue is allocated to individual countries by customer based on where the product is shipped to, location of services performed or the location of equipment that is under an annual maintenance agreement. The Company had no long-lived assets in any country other than the United States for any period presented.