Annual report pursuant to Section 13 and 15(d)

SCHEDULE OF SEGMENT REPORTING INFORMATION (Details)

v3.23.1
SCHEDULE OF SEGMENT REPORTING INFORMATION (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Segment Reporting Information [Line Items]    
Revenue from external customers $ 70,599 $ 72,191
Intercompany revenues
Gross profit 9,609 6,824
Research and development 336 746
Interest income 99 26
Interest expense (175) (247)
Interest expense-financing fees (61) (41)
Depreciation and amortization 2,109 1,687
Segment income (loss) before income taxes (3,589) [1] (2,798)
Income tax (benefit) expense (378) (3,890) [2]
Segment income (loss) (3,211) 1,092
Segment assets [3] 70,898 77,301
Expenditures for segment assets (net) [4] 1,023 1,577
Total debt [5] 1,039 993
Treatment [Member]    
Segment Reporting Information [Line Items]    
Revenue from external customers 33,358 32,992
Intercompany revenues 56 1,265
Gross profit 5,243 6,718
Research and development 246 221
Interest income 1
Interest expense (74) (100)
Interest expense-financing fees
Depreciation and amortization 1,710 1,306
Segment income (loss) before income taxes 1,531 2,283
Income tax (benefit) expense (236) (150)
Segment income (loss) 1,767 2,433
Segment assets [3] 37,918 37,050
Expenditures for segment assets (net) 866 1,363
Total debt 482 25
Services [Member]    
Segment Reporting Information [Line Items]    
Revenue from external customers 37,241 39,199
Intercompany revenues 213 47
Gross profit 4,366 106
Research and development 23 71
Interest income
Interest expense (3) (10)
Interest expense-financing fees (1) (1)
Depreciation and amortization 334 353
Segment income (loss) before income taxes 1,565 (3,044)
Income tax (benefit) expense (133) (962)
Segment income (loss) 1,698 (2,082)
Segment assets [3],[6] 8,473 15,244
Expenditures for segment assets (net) 157 205
Total debt 5 14
Segments Total [Member]    
Segment Reporting Information [Line Items]    
Revenue from external customers [7],[8] 70,599 72,191
Intercompany revenues 269 1,312
Gross profit 9,609 6,824
Research and development 269 706
Interest income 1
Interest expense (77) (110)
Interest expense-financing fees (1) (1)
Depreciation and amortization 2,044 1,659
Segment income (loss) before income taxes 3,096 (2,237)
Income tax (benefit) expense (369) (1,086)
Segment income (loss) 3,465 (1,151)
Segment assets [3] 46,391 52,342
Expenditures for segment assets (net) 1,023 1,568
Total debt 487 39
Corporate and Other [Member]    
Segment Reporting Information [Line Items]    
Revenue from external customers [9]
Intercompany revenues [9]
Gross profit [9]
Research and development [9] 67 40
Interest income [9] 99 25
Interest expense [9] (98) (137)
Interest expense-financing fees [9] (60) (40)
Depreciation and amortization [9] 65 28
Segment income (loss) before income taxes [9] (6,685) (561) [10],[11]
Income tax (benefit) expense [9] (9) (2,804)
Segment income (loss) [9] (6,676) 2,243
Segment assets [3],[12] 24,507 24,959 [9]
Expenditures for segment assets (net) [9] 9
Total debt [9] $ 552 954
Medical [Member]    
Segment Reporting Information [Line Items]    
Revenue from external customers  
Intercompany revenues  
Gross profit  
Research and development   414
Interest income  
Interest expense  
Interest expense-financing fees  
Depreciation and amortization  
Segment income (loss) before income taxes [11],[13]   (1,476)
Income tax (benefit) expense   26
Segment income (loss)   (1,502)
Segment assets [3]   48
Expenditures for segment assets (net)  
Total debt  
[1] Includes approximately $ recorded as other income under the Employee Retention Credit program under the CARES Act, as amended (see “Note 11 – Coronavirus Aid, Relief and Economic Securities Act (“CARES ACT”) – Employee Retention Credit (“ERC”)” for a discussion of this expected refund amount).
[2] Includes tax benefit recorded in amount of approximately $ resulting from release of valuation allowance on the Company’s deferred tax assets.
[3] Segment assets have been adjusted for intercompany accounts to reflect actual assets for each segment.
[4] Net of financed amount of $ and $ for the year ended December 31, 2022 and 2021, respectively.
[5] Net of debt issuance costs of ($) and ($) for 2022 and 2021, respectively (see “Note 10 – “Long-Term Debt” for additional information).
[6] Includes long-lived asset (net) for our PF Canada, Inc. subsidiary of $ and $ for the year ended December 31, 2022 and 2021, respectively.
[7] The following table reflects revenue based on customer location:
[8] 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 60,030,000 or 85.0% of total revenue for 2022 and 60,812,000 or 84.2% of total revenue for 2021. The following reflects such revenue generated by our two segments:
[9] Amounts reflect the activity for corporate headquarters not included in the segment information.
[10] Amount includes approximately $ 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 11 – Coronavirus Aid, Relief and Economic Securities Act (“CARES ACT”) – Paycheck Protection Program (“PPP”) Loan” for information of this loan forgiveness).
[11] Includes elimination of gain/loss of $ in debt forgiveness between PFM Poland and the Company (see “Note 15 – PF Medical” for a discussion of this debt forgiveness).
[12] Amount includes assets from our discontinued operations of $ and $ at December 31, 2022 and 2021, respectively.
[13] Amount includes a “Loss on deconsolidation of subsidiary” recorded in the amount of approximately $ resulting from the sale of PFM Poland (see “Note 15 – PF Medical” for a discussion of this loss).