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Segment Information | 12 Months Ended
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Dec. 31, 2019
Segment Reporting [Abstract] |
Segment Information | NOTE 15 - SEGMENT INFORMATION 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. A third operating segment, Digital, is comprised of DSS Digital Group, and DSS International, and is engaged in research, development, marketing and selling worldwide the Company’s digital products, including and primarily our AuthentiGuard® product, which is a brand authentication application that integrates the Company’s counterfeit deterrent technologies with proprietary digital data security-based solutions. The fourth operating segment, Technology Management, primary mission has been to monetize its various patent portfolios through commercial litigation and licensing. Except for investment in its social networking related patents, we have historically partnered with various third-party funding groups in connection with patent monetization programs. As reported herein, DSS is in the process of establishing several new business lines, and we anticipate each of these new business division to be future operating segments. For instance, Direct Marketing is a newly added operating segment in December 2019 and focuses on direct marketing or network marketing engaged in the selling of products or services directly to the public, e.g., by online or telephone selling, rather than through retailers. But for the period ending December 31, 2019, these segments have either yet to be materially formed or to have generated any material revenues. Approximate information concerning the Company’s operations by reportable segment for the years ended December 31, 2019 and 2018 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, 2019 |  | Packaging and Printing |  |  | Plastics |  |  | Digital |  |  | Technology Management |  |  | Corporate |  |  | Total |
Revenue |  | $ | 13,230,000 |  |  | $ | 3,860,000 |  |  | $ | 2,147,000 |  |  | $ | - |  |  | $ | 172,000 |  |  | $ | 19,409,000 |
Depreciation and amortization |  |  | 904,000 |  |  |  | 253,000 |  |  |  | 33,000 |  |  |  | 82,000 |  |  |  | 132,000 |  |  |  | 1,404,000 |
Interest expense |  |  | 96,000 |  |  |  | 32,000 |  |  |  | 7,000 |  |  |  | - |  |  |  | 22,000 |  |  |  | 157,000 |
Amortized Debt Discount |  |  | 2,000 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 2,000 |
Stock based compensation |  |  | 17,000 |  |  |  | - |  |  |  | 81,000 |  |  |  | - |  |  |  | 324,000 |  |  |  | 422,000 |
Income tax benefit |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (125,000 | ) |  |  | (125,000 | )
Net Income (loss) |  |  | 311,000 |  |  |  | (294,000 | ) |  |  | (579,000 | ) |  |  | (475,000 | ) |  |  | (1,852,000 | ) |  |  | (2,889,000 | )
Capital Expenditures |  |  | 819,000 |  |  |  | 42,000 |  |  |  | 24,000 |  |  |  | - |  |  |  | 104,000 |  |  |  | 989,0000 |
Identifiable assets |  |  | 10,425,000 |  |  |  | 3,934,000 |  |  |  | 924,000 |  |  |  | 58,000 |  |  |  | 4,804,000 |  |  |  | 20,145,000 |
Year Ended December 31, 2018 |  | Packaging and Printing |  |  | Plastics |  |  | Digital |  |  | Technology Management |  |  | Corporate |  |  | Total |
Revenue |  | $ | 12,957,000 |  |  | $ | 3,983,000 |  |  | $ | 1,543,000 |  |  | $ | 32,000 |  |  | $ | - |  |  | $ | 18,515,000 |
Depreciation and amortization |  |  | 775,000 |  |  |  | 159,000 |  |  |  | 8,000 |  |  |  | 338,000 |  |  |  | 2,000 |  |  |  | 1,282,000 |
Interest Expense |  |  | (89,000 | ) |  |  | (24,000 | ) |  |  |  |  |  |  | (13,000 | ) |  |  | (19,000 | ) |  |  | (145,000 | )
Amortized Debt Discount |  |  | (2,000 | ) |  |  | - |  |  |  |  |  |  |  | (22,000 | ) |  |  | (22,000 | ) |  |  | (46,000 | )
Stock based compensation |  |  | 6,000 |  |  |  | - |  |  |  | 99,000 |  |  |  | - |  |  |  | 27,000 |  |  |  | 132,000 |
Income tax expense |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 17,000 |  |  |  | 17,000 |
Net Income (loss) |  |  | 785,000 |  |  |  | 28,000 |  |  |  | (1,267,000 | ) |  |  | 3,028,000 |  |  |  | (1,109,000 | ) |  |  | 1,465,000 |
Capital Expenditures |  |  | 643,000 |  |  |  | 305,000 |  |  |  | 54,000 |  |  |  | - |  |  |  | 1,000 |  |  |  | 1,003,000 |
Identifiable assets |  |  | 9,643,000 |  |  |  | 3,492,000 |  |  |  | 955,000 |  |  |  | 130,000 |  |  |  | 1,060,000 |  |  |  | 15,280,000 |
International revenue, which consists of sales to customers with operations in Canada, Western Europe, Latin America, Africa, the Middle East and Asia comprised 2.0% of total revenue for 2019 (3.4% - 2018). Revenue is allocated to individual countries by customer based on where the product is shipped. The Company had no long-lived assets in any country other than the United States for any period presented. The following tables disaggregate our business segment revenues by major source: Printed Products Revenue Information:
Twelve months ended December 31, 2019 |  |  |
Packaging Printing and Fabrication |  | $ | 12,307,000 |
Commercial and Security Printing |  |  | 1,159,000 |
Technology Integrated Plastic Cards and Badges |  |  | 1,262,000 |
Plastic Cards, Badges and Accessories |  |  | 2,361,000 |
Total Printed Products |  | $ | 17,089,000 |
Twelve months ended December 31, 2018 |  |  |  |
Packaging Printing and Fabrication |  | $ | 11,741,000 |
Commercial and Security Printing |  |  | 1,241,000 |
Technology Integrated Plastic Cards and Badges |  |  | 1,354,000 |
Plastic Cards, Badges and Accessories |  |  | 2,604,000 |
Total Printed Products |  | $ | 16,940,000 |
Technology Sales, Services and Licensing Revenue Information:
Twelve months ended December 31, 2019 |  |  |
Information Technology Sales and Services |  | $ | 189,000 |
Digital Authentication Products and Services |  |  | 1,414,000 |
Royalties from Licensees |  |  | 545,000 |
Total Technology Sales, Services and Licensing |  | $ | 2,148,000 |
Twelve months ended December 31, 2018 |  |  |  |
Information Technology Sales and Services |  | $ | 345,000 |
Digital Authentication Products and Services |  |  | 772,000 |
Royalties from Licensees |  |  | 458,000 |
Total Technology Sales, Services and Licensing |  | $ | 1,575,000 |

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- 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
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