Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations (Tables)

v3.8.0.1
Discontinued Operations (Tables)
3 Months Ended
Mar. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Operation and Assets and Liabilities Related to Discontinued Operations
Assets and liabilities related to the discontinued operations of BDI were approximately as follows as of March 31, 2018 (unaudited) and December 31, 2017:
Current Liabilities
 
March 31, 2018
   
December 31, 2017
 
Accounts payable
 
$
16,000
   
$
16,000
 
Accrued expenses
   
-
     
28,000
 
Deferred revenue
   
-
     
137,000
 
Total current liabilities
 
$
16,000
   
$
181,000
Schedule of Income Statements related to Discontinued Operation
Summarized results of the discontinued operation are as follows for the three months ended March 31, 2018 and 2017 (unaudited):
   
March 31, 2018
   
March 31, 2017
 
Revenue
 
$
137,000
   
$
13,000
 
Cost of revenue
   
41,000
     
2,000
 
Gross margin
   
96,000
     
11,000
 
Operating expenses
   
-
     
654,000
 
Operating income (loss)
   
96,000
     
(643,000
)
Impairment loss
   
-
     
(2,704,000
)
Income (loss) from discontinued operations
 
$
96,000
   
$
(3,347,000
)