Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations (Tables)

v3.10.0.1
Discontinued Operations (Tables)
 6 Months Ended
Jun. 30, 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 June 30, 2018 (unaudited) and December 31, 2017:
Current Liabilities
  
June 30, 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 and six months ended June 30, 2018 and 2017 (unaudited):
   
Three Months Ended June 30,
    
Six Months Ended June 30,
  
   
2018
    
2017
    
2018
    
2017
  
Revenue
  
$
-
    
$
17,000
    
$
137,000
    
$
30,000
  
Cost of revenue
    
-
      
3,000
      
41,000
      
5,000
  
Gross margin
    
-
      
14,000
      
96,000
      
25,000
  
Operating expenses
    
-
      
347,000
      
-
      
1,001,000
  
Operating income (loss)
    
-
      
(333,000
)
    
96,000
      
(976,000
)
Escrow forfeiture gain
    
-
      
135,000
      
-
      
135,000
  
Impairment loss
    
-
      
(50,000
)
    
-
      
(2,754,000
)
Income (loss) from discontinued operations
  
$
-
    
$
(248,000
)
  
$
96,000
    
$
(3,595,000
)