XML 34 R24.htm IDEA: XBRL DOCUMENT
v3.20.2

Discontinued Operations (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2020
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Discontinued Operations | The following tables show the major classes of assets and liabilities held for sale and results of operations of the discontinued operation. DOCUMENT SECURITY SYSTEMS, INC. AND SUBSIDIARIES Consolidated Balance Sheets– Assets and Liabilities Held For Sale
|  | September 30, |  |  | December 31, |
|  | 2020 |  |  | 2019 |
|  | unaudited |  |  |  |
ASSETS |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |
Inventory |  | $ | - |  |  | $ | 342,000 |
Total current assets |  |  | - |  |  |  | 342,000 |
Property, plant and equipment, net |  |  | - |  |  |  | 732,000 |
Right-of-use assets |  |  | 886,000 |  |  |  | 1,081,000 |
LIABILITIES |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |
Current portion of lease liability |  |  | 274,000 |  |  |  | 274,000 |
Total current liabilities |  |  | 274,000 |  |  |  | 274,000 |
Long term lease liability |  |  | 612,000 |  |  |  | 807,000 |
DOCUMENT SECURITY SYSTEMS, INC. AND SUBSIDIARIES Consolidated Statements of Operations - Discontinued Operations (unaudited)
|  | For the Three Months Ended |  |  | For the Nine Months Ended |
|  | September 30, |  |  | September 30, |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Revenue: |  |  |  |  |  |  |  |  |  |  |  |
Printed products |  | $ | 243,000 |  |  | $ | 916,000 |  |  | $ | 1,626,000 |  |  | $ | 2,591,000 |
Total revenue |  |  | 243,000 |  |  |  | 916,000 |  |  |  | 1,626,000 |  |  |  | 2,591,000 |
Costs and expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenue, exclusive of depreciation and amortization |  |  | 382,000 |  |  |  | 503,000 |  |  |  | 1,644,000 |  |  |  | 1,795,000 |
Selling, general and administrative (including stock based compensation) |  |  | 130,000 |  |  |  | 310,000 |  |  |  | 715,000 |  |  |  | 910,000 |
Depreciation and amortization |  |  | 37,000 |  |  |  | 122,000 |  |  |  | 152,000 |  |  |  | 207,000 |
Impairment of goodwill |  |  | - |  |  |  | - |  |  |  | 685,000 |  |  |  | - |
Total costs and expenses |  |  | 549,000 |  |  |  | 935,000 |  |  |  | 3,196,000 |  |  |  | 2,912,000 |
Operating loss |  |  | (306,000 | ) |  |  | (19,000 | ) |  |  | (1,570,000 | ) |  |  | (321,000 | )
Other income (expense): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense |  |  | (7,000 | ) |  |  | (9,000 | ) |  |  | (21,000 | ) |  |  | (24,000 | )
Loss on sale of assets held for sale |  |  | (111,000 | ) |  |  | - |  |  |  | (111,000 | ) |  |  | - |
Income (loss) before income taxes |  |  | (424,000 | ) |  |  | (28,000 | ) |  |  | (1,702,000 | ) |  |  | (345,000 | )
Income tax expense (benefit) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Income (loss) from discontinued operations |  |  | (424,000 | ) |  |  | (28,000 | ) |  |  | (1,702,000 | ) |  |  | (345,000 | )

X
- References No definition available. + Details
Name: | us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109226691&loc=SL51724579-110230 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1474-107760 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721677-107760 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721533-107759 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721659-107760 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721665-107760 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721671-107760 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721663-107760 + Details
Name: | us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration