Annual report pursuant to Section 13 and 15(d)

SCHEDULE OF SEGMENT REPORTING INFORMATION (Details)

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SCHEDULE OF SEGMENT REPORTING INFORMATION (Details) - USD ($)
 3 Months Ended 12 Months Ended
Sep. 30, 2021
Dec. 31, 2021
Dec. 31, 2020
Segment Reporting Information [Line Items]      
Revenue from external customers $ 1,286,000 $ 72,191,000 $ 105,426,000
Intercompany revenues  
Gross profit   6,824,000 15,893,000
Research and development   746,000 762,000
Interest income   26,000 140,000
Interest expense   (247,000) (398,000)
Interest expense-financing fees   (41,000) (294,000)
Depreciation and amortization   1,687,000 1,596,000
Segment income (loss) before income taxes   (2,798,000) 2,960,000
Income tax benefit   (3,890,000) [1] (189,000)
Segment income (loss)   1,092,000 3,149,000
Segment assets [2]   77,301,000 78,919,000
Expenditures for segment assets (net) [3]   1,577,000 1,715,000
Total debt [4]   993,000 6,729,000
Treatment [Member]      
Segment Reporting Information [Line Items]      
Revenue from external customers   32,992,000 30,143,000
Intercompany revenues   1,265,000 1,493,000
Gross profit   6,718,000 5,491,000
Research and development   221,000 243,000
Interest income   1,000 1,000
Interest expense   (100,000) (115,000)
Interest expense-financing fees  
Depreciation and amortization   1,306,000 1,204,000
Segment income (loss) before income taxes   2,283,000 1,494,000
Income tax benefit   (150,000) (264,000)
Segment income (loss)   2,433,000 1,758,000
Segment assets [2]   37,050,000 32,324,000
Expenditures for segment assets (net)   1,363,000 1,264,000
Total debt   25,000
Services [Member]      
Segment Reporting Information [Line Items]      
Revenue from external customers   39,199,000 75,283,000
Intercompany revenues   47,000 25,000
Gross profit   106,000 10,402,000
Research and development   71,000 132,000
Interest income  
Interest expense   (10,000) (27,000)
Interest expense-financing fees   (1,000)
Depreciation and amortization   353,000 354,000
Segment income (loss) before income taxes   (3,044,000) 7,826,000
Income tax benefit   (962,000) 6,000
Segment income (loss)   (2,082,000) 7,820,000
Segment assets [2],[5]   15,244,000 22,368,000
Expenditures for segment assets (net)   205,000 451,000
Total debt   14,000 23,000
Medical [Member]      
Segment Reporting Information [Line Items]      
Revenue from external customers  
Intercompany revenues  
Gross profit  
Research and development   414,000 311,000
Interest income  
Interest expense  
Interest expense-financing fees  
Depreciation and amortization  
Segment income (loss) before income taxes   (1,476,000) [6],[7] (311,000)
Income tax benefit   26,000
Segment income (loss)   (1,502,000) (311,000)
Segment assets [2]   48,000 17,000
Expenditures for segment assets (net)  
Total debt  
Segments Total [Member]      
Segment Reporting Information [Line Items]      
Revenue from external customers [8],[9]   72,191,000 105,426,000
Intercompany revenues   1,312,000 1,518,000
Gross profit   6,824,000 15,893,000
Research and development   706,000 686,000
Interest income   1,000 1,000
Interest expense   (110,000) (142,000)
Interest expense-financing fees   (1,000)
Depreciation and amortization   1,659,000 1,558,000
Segment income (loss) before income taxes   (2,237,000) 9,009,000
Income tax benefit   (1,086,000) (258,000)
Segment income (loss)   (1,151,000) 9,267,000
Segment assets [2]   52,342,000 54,709,000
Expenditures for segment assets (net)   1,568,000 1,715,000
Total debt   39,000 23,000
Corporate and Other [Member]      
Segment Reporting Information [Line Items]      
Revenue from external customers [10]  
Intercompany revenues [10]  
Gross profit [10]  
Research and development [10]   40,000 76,000
Interest income [10]   25,000 139,000
Interest expense [10]   (137,000) (256,000)
Interest expense-financing fees [10]   (40,000) (294,000)
Depreciation and amortization [10]   28,000 38,000
Segment income (loss) before income taxes [10]   (561,000) [7],[11] (6,049,000)
Income tax benefit [10]   (2,804,000) 69,000
Segment income (loss) [10]   2,243,000 (6,118,000)
Segment assets [2],[10],[12]   24,959,000 24,210,000
Expenditures for segment assets (net) [10]   9,000
Total debt [10]   $ 954,000 $ 6,706,000
[1] Includes tax benefit recorded in amount of approximately $2,351,000 resulting from release of valuation allowance on the Company’s deferred tax assets (see “Note 13 Income Taxes” for a discussion of this tax benefit).
[2] Segment assets have been adjusted for intercompany accounts to reflect actual assets for each segment.
[3] Net of financed amount of $585,000 and $883,000 for the year ended December 31, 2021 and 2020, respectively.
[4] Net of debt discount/debt issuance costs of ($112,000) and ($105,000) for 2021 and 2020, respectively (see “Note 10 – “Long-Term Debt” for additional information).
[5] Includes long-lived asset (net) for our PF Canada, Inc. subsidiary of $25,000 and $33,000 for the year ended December 31, 2021 and 2020, respectively.
[6] Amount includes a “Loss on deconsolidation of subsidiary” recorded in the amount of approximately $1,062,000 resulting from the sale of PFM Poland (see “Note 14 – PF Medical for a discussion of this loss).
[7] Includes elimination of gain/loss of $2,537,000 in debt forgiveness between PFM Poland and the Company (see “Note 14 – PF Medical for a discussion of this debt forgiveness.
[8] The following table reflects revenue based on customer location:
[9] The Company performed services relating to waste generated by government clients (domestic and foreign (primarily Canadian)), either directly as a prime contractor or indirectly for others as a subcontractor to government entities, representing approximately 60,812,000 or 84.2% of total revenue for 2021 and 96,582,000 or 91.6% of total revenue for 2020. The following reflects such revenue generated by our two segments:
[10] Amounts reflect the activity for corporate headquarters not included in the segment information.
[11] Amount includes approximately $5,381,000 of “Gain on extinguishment of debt” recorded in connection with the Company’s PPP Loan which was forgiven by the SBA effective June 15, 2021 (see “Note 10 – Long Term Debt – PPP Loan” for information of this loan forgiveness).
[12] Amount includes assets from our discontinued operations of $96,000 and $103,000 at December 31, 2021 and 2020, respectively.