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Segment Information | 9 Months Ended
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Sep. 30, 2020
Segment Reporting [Abstract] |
Segment Information | 12. Segment Information The Company’s eight businesses lines are organized, managed and internally reported as four operating segments. Packaging and Printing is engaged in the printing and production of paper, and cardboard 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 second 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 third 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. The fourth segment, Direct Marketing, direct marketing or network marketing is the business of selling products or services directly to the public, e.g., by online or telephone selling, rather than through retailers. We believe this business has significant growth potential in the blossoming “gig economy” with comparisons to the growth that is being realized in parallel businesses such as ride sharing. Approximate information concerning the Company’s operations by reportable segment for the three and Nine months ended September 30, 2020 and 2019 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, 2020 |  | Packaging and Printing |  |  | Plastics |  |  | Digital |  |  | Technology Management |  |  | Direct Marketing |  |  | Corporate |  |  | Total |
Revenue |  | $ | 2,972,000 |  |  | $ | - |  |  | $ | 483,000 |  |  | $ | - |  |  | $ | 714,000 |  |  | $ | - |  |  | $ | 4,169,000 |
Depreciation and amortization |  |  | 165,000 |  |  |  | - |  |  |  | 9,000 |  |  |  | 21,000 |  |  |  | 1,000 |  |  |  | 50,000 |  |  |  | 246,000 |
Interest expense |  |  | 24,000 |  |  |  | - |  |  |  | 2,000 |  |  |  | - |  |  |  | - |  |  |  | 3,000 |  |  |  | 29,000 |
Stock based compensation |  |  | 3,000 |  |  |  | - |  |  |  | 7,000 |  |  |  | - |  |  |  | - |  |  |  | 122,000 |  |  |  | 132,000 |
Net Income (loss) from continuing operations |  |  | 136,000 |  |  |  | - |  |  |  | 82,000 |  |  |  | (36,000 | ) |  |  | (1,139,000 | ) |  |  | 6,323,000 |  |  |  | 5,366,000 |
Capital expenditures |  |  | 1,000 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1,000 |  |  |  | - |  |  |  | 2,000 |
Identifiable assets |  |  | 10,013,000 |  |  |  | 1,209,000 |  |  |  | 657,000 |  |  |  | 1,000 |  |  |  | 1,809,000 |  |  |  | 68,304,000 |  |  |  | 81,993,000 |
Three Months Ended September 30, 2019 |  | Packaging and Printing |  |  | Plastics |  |  | Digital |  |  | Technology Management |  |  | Direct Marketing |  |  | Corporate |  |  | Total |
Revenue |  | $ | 2,119,000 |  |  | $ | - |  |  | $ | 498,000 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 2,617,000 |
Depreciation and amortization |  |  | 228,000 |  |  |  | - |  |  |  | 7,000 |  |  |  | 62,000 |  |  |  | - |  |  |  | - |  |  |  | 297,000 |
Interest expense |  |  | 24,000 |  |  |  | - |  |  |  | 2,000 |  |  |  | - |  |  |  | - |  |  |  | 22,000 |  |  |  | 48,000 |
Stock based compensation |  |  | 4,000 |  |  |  | - |  |  |  | 20,000 |  |  |  | - |  |  |  | - |  |  |  | 249,000 |  |  |  | 273,000 |
Net loss from continuing operations |  |  | (322,000 | ) |  |  | - |  |  |  | 139,000 |  |  |  | (203,000 | ) |  |  | - |  |  |  | (836,000 | ) |  |  | (1,222,000 | )
Capital expenditures |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Identifiable assets |  |  | 9,156,000 |  |  |  | 3,884,000 |  |  |  | 899,000 |  |  |  | - |  |  |  | - |  |  |  | 4,611,000 |  |  |  | 18,550,000 |
Nine Months Ended September 30, 2020 |  | Packaging and Printing |  |  | Plastics |  |  | Digital |  |  | Technology Management |  |  | Direct Marketing |  |  | Corporate |  |  | Total |
Revenue |  | $ | 8,394,000 |  |  | $ | - |  |  | $ | 1,331,000 |  |  | $ | - |  |  | $ | 1,792,000 |  |  | $ | - |  |  | $ | 11,517,000 |
Depreciation and amortization |  |  | 584,000 |  |  |  | - |  |  |  | 28,000 |  |  |  | 48,000 |  |  |  | 1,000 |  |  |  | 163,000 |  |  |  | 824,000 |
Interest expense |  |  | 79,000 |  |  |  | - |  |  |  | 9,000 |  |  |  | - |  |  |  | - |  |  |  | 13,000 |  |  |  | 101,000 |
Stock based compensation |  |  | 11,000 |  |  |  | - |  |  |  | 37,000 |  |  |  | - |  |  |  | - |  |  |  | 168,000 |  |  |  | 216,000 |
Net Income (loss) from continuing operations |  |  | 222,000 |  |  |  | - |  |  |  | (120,000 | ) |  |  | (325,000 | ) |  |  | (960,000 | ) |  |  | 4,954,000 |  |  |  | 3,771,000 |
Capital expenditures |  |  | 91,000 |  |  |  | - |  |  |  | 9,000 |  |  |  | - |  |  |  | 1,000 |  |  |  | 1,000 |  |  |  | 102,000 |
Identifiable assets |  |  | 10,013,000 |  |  |  | 1,209,000 |  |  |  | 657,000 |  |  |  | 1,000 |  |  |  | 1,809,000 |  |  |  | 68,304,000 |  |  |  | 81,993,000 |
Nine Months Ended September 30, 2019 |  | Packaging and Printing |  |  | Plastics |  |  | Digital |  |  | Technology Management |  |  | Direct Marketing |  |  | Corporate |  |  | Total |
Revenue |  | $ | 8,434,000 |  |  |  |  |  |  | $ | 1,424,000 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 9,858,000 |
Depreciation and amortization |  |  | 675,000 |  |  |  | - |  |  |  | 24,000 |  |  |  | 144,000 |  |  |  | - |  |  |  | 1,000 |  |  |  | 844,000 |
Interest expense |  |  | 76,000 |  |  |  | - |  |  |  | 6,000 |  |  |  | - |  |  |  | - |  |  |  | 22,000 |  |  |  | 104,000 |
Stock based compensation |  |  | 13,000 |  |  |  | - |  |  |  | 62,000 |  |  |  | - |  |  |  | - |  |  |  | 256,000 |  |  |  | 331,000 |
Net loss from continuing operations |  |  | (254,000 | ) |  |  | - |  |  |  | (224,000 | ) |  |  | (418,000 | ) |  |  | - |  |  |  | (1,490,000 | ) |  |  | (2,386,000 | )
Capital expenditures |  |  | 574,000 |  |  |  | - |  |  |  | 24,000 |  |  |  | - |  |  |  | - |  |  |  | 4,000 |  |  |  | 602,000 |
Identifiable assets |  |  | 9,156,000 |  |  |  | 3,884,000 |  |  |  | 899,000 |  |  |  | - |  |  |  | - |  |  |  | 4,611,000 |  |  |  | 18,550,000 |
The following tables disaggregate our business segment revenues by major source:
Printed Products Revenue Information: |  |  |
Three months ended September 30, 2020 |  |  |
Packaging Printing and Fabrication |  | $ | 2,568,000 |
Commercial and Security Printing |  |  | 403,000 |
Total Printed Products |  | $ | 2,971,000 |
Three months ended September 30, 2019 |  |  |
Packaging Printing and Fabrication |  | $ | 1,883,000 |
Commercial and Security Printing |  |  | 236,000 |
Total Printed Products |  | $ | 2,119,000 |
Nine months ended September 30, 2020 |  |  |
Packaging Printing and Fabrication |  | $ | 7,631,000 |
Commercial and Security Printing |  |  | 774,000 |
Total Printed Products |  | $ | 8,405,000 |
Nine months ended September 30, 2019 |  |  |
Packaging Printing and Fabrication |  | $ | 7,619,000 |
Commercial and Security Printing |  |  | 814,000 |
Total Printed Products |  | $ | 8,433,000 |
Technology Sales, Services and Licensing Revenue Information:
Three months ended September 30, 2020 |  |  |
Information Technology Sales and Services |  | $ | 24,000 |
Digital Authentication Products and Services |  |  | 359,000 |
Royalties from Licensees |  |  | 100,000 |
Total Printed Products |  | $ | 483,000 |
Three months ended September 30, 2019 |  |  |
Information Technology Sales and Services |  | $ | 46,000 |
Digital Authentication Products and Services |  |  | 307,000 |
Royalties from Licensees |  |  | 145,000 |
Total Printed Products |  | $ | 498,000 |
Nine months ended September 30, 2020 |  |  |
Information Technology Sales and Services |  | $ | 65,000 |
Digital Authentication Products and Services |  |  | 947,000 |
Royalties from Licensees |  |  | 307,000 |
Total Printed Products |  | $ | 1,319,000 |
Nine months ended September 30, 2019 |  |  |
Information Technology Sales and Services |  | $ | 151,000 |
Digital Authentication Products and Services |  |  | 857,000 |
Royalties from Licensees |  |  | 416,000 |
Total Printed Products |  | $ | 1,424,000 |
Direct Marketing
Three months ended September 30, 2020 |  |  |
Direct Marketing Internet Sales |  | $ | 715,000 |
Total Direct Marketing |  | $ | 715,000 |
Three months ended September 30, 2019 |  |  |  |
Direct Marketing Internet Sales |  | $ | - |
Total Direct Marketing |  | $ | - |
Nine months ended September 30, 2020 |  |  |
Direct Marketing Internet Sales |  | $ | 1,793,000 |
Total Direct Marketing |  | $ | 1,793,000 |
Nine months ended September 30, 2019 |  |  |  |
Direct Marketing Internet Sales |  | $ | - |
Total Direct Marketing |  | $ | - |

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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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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