Annual report pursuant to Section 13 and 15(d)

Note 16 - Segment Financial Information (Details)

v3.3.1.900
Note 16 - Segment Financial Information (Details) - USD ($)
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Treatment [Member]    
Revenue, Net $ 41,318,000 $ 42,343,000
Intercompany revenues 113,000 12,000
Gross profit 10,910,000 10,480,000
Research and Development Expense 179,000 $ 437,000
Interest income 6,000
Interest expense (38,000) $ (38,000)
Interest expense-financing fees (2,000)
Depreciation and amortization 2,949,000 $ 3,281,000
Segment income (loss) before income taxes 7,101,000 6,149,000
Total income tax expense 538,000 604,000
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest 6,563,000 5,545,000
Segment assets [1] 46,307,000 50,226,000
Expenditures for segment assets 579,000 399,000
Total debt 23,000 47,000
Services [Member]    
Revenue, Net 21,065,000 14,722,000
Intercompany revenues 25,000 70,000
Gross profit $ 3,441,000 1,428,000
Research and Development Expense $ 99,000
Interest income
Interest expense $ (1,000)
Interest expense-financing fees 2,000
Depreciation and amortization $ 725,000 910,000
Segment income (loss) before income taxes $ 1,178,000 (2,184,000) [2]
Total income tax expense (191,000)
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest $ 1,178,000 (1,993,000) [2]
Segment assets [1] 9,481,000 8,920,000
Expenditures for segment assets $ 33,000 $ 64,000
Total debt
Medical [Member]    
Revenue, Net
Intercompany revenues
Gross profit
Research and Development Expense $ 2,114,000 $ 759,000
Interest income
Interest expense
Interest expense-financing fees
Depreciation and amortization
Segment income (loss) before income taxes $ (2,114,000) $ (759,000)
Total income tax expense
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest $ (2,114,000) $ (759,000)
Segment assets [1] $ 1,793,000 $ 1,213,000
Expenditures for segment assets
Total debt
Segments Total [Member]    
Revenue, Net [3] $ 62,383,000 $ 57,065,000
Intercompany revenues [3] 138,000 82,000
Gross profit [3] 14,351,000 11,908,000
Research and Development Expense [3] 2,293,000 $ 1,295,000
Interest income 6,000 [3]
Interest expense [3] (38,000) $ (39,000)
Interest expense-financing fees [3] (2,000) 2,000
Depreciation and amortization [3] 3,674,000 4,191,000
Segment income (loss) before income taxes [3] 6,165,000 3,206,000
Total income tax expense [3] 538,000 413,000
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest [3] 5,627,000 2,793,000
Segment assets [1],[3] 57,581,000 60,359,000
Expenditures for segment assets [3] 612,000 463,000
Total debt [3] $ 23,000 $ 47,000
Corporate Segment [Member]    
Revenue, Net
Intercompany revenues
Gross profit
Research and Development Expense [4] $ 9,000 $ 20,000
Interest income [4] 47,000 27,000
Interest expense [4] (451,000) (577,000)
Interest expense-financing fees [4] (226,000) (194,000)
Depreciation and amortization [4] 43,000 49,000
Segment income (loss) before income taxes [4] (5,685,000) (5,781,000)
Total income tax expense [4] 5,000 4,000
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest [4] (5,690,000) (5,785,000)
Segment assets [1],[5] 25,484,000 [4] 27,892,000
Expenditures for segment assets [4] 11,000 1,000
Total debt [4],[6] 9,965,000 11,325,000
Revenue, Net $ 62,383,000 $ 57,065,000
Intercompany revenues
Gross profit $ 14,351,000 $ 11,908,000
Research and Development Expense 2,302,000 1,315,000
Interest income 53,000 27,000
Interest expense (489,000) (616,000)
Interest expense-financing fees (228,000) (192,000)
Depreciation and amortization 3,717,000 4,240,000
Segment income (loss) before income taxes 480,000 (2,575,000)
Total income tax expense 543,000 417,000
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest (63,000) (2,992,000)
Segment assets [1] 83,065,000 88,251,000
Expenditures for segment assets 623,000 464,000
Total debt $ 9,988,000 $ 11,372,000
[1] Segment assets have been adjusted for intercompany accounts to reflect actual assets for each segment.
[2] Included goodwill impairment charge of $380,000 recorded for the Company's SYA subsidiary which was divested on July 29, 2014.
[3] The Company performed services relating to waste generated by the federal government, either directly as a prime contractor or indirectly as a subcontractor to the federal government, representing approximately $36,105,000 or 57.9% of total revenue from continuing operations during 2015 and $34,780,000 or 60.9% of total revenue from continuing operations during 2014.
[4] Amounts reflect the activity for corporate headquarters not included in the segment information.
[5] Amount includes assets from our discontinued operations of $565,000 and $701,000, as of December 31, 2015 and 2014, respectively.
[6] Net of debt discount of ($50,000) and ($137,000) for 2015 and 2014, respectively, based on the estimated fair value at issuance of two Warrants and 90,000 shares of the Company's Common Stock issued on August 2, 2013 in connection with a $3,000,000 promissory note entered into by the Company and Messrs. William Lampson and Robert L. Ferguson. See Note 9 – "Long-Term Debt – Promissory Note and Installment Agreement" for additional information.