SEGMENT AND GEOGRAPHICAL INFORMATION

6 Months Ended

Jun. 30, 2015

SEGMENT AND GEOGRAPHICAL INFORMATION [Abstract]

SEGMENT AND GEOGRAPHICAL INFORMATION

NOTE 4 – SEGMENT AND GEOGRAPHICAL INFORMATION

The Company operates in three reportable segments: (a) Corporate (b) Airport security and other aviation services and (c) Technology. The corporate segment does not generate revenue and contains primarily non-operational expenses. The airport security and other aviation services segment provide security and other services to airlines and airport authorities, predominantly in Europe and the United States of America. The technology segment is predominantly involved in the development and sale of identity security software to customers in Europe and the United States of America. All inter-segment transactions are eliminated in consolidation. The accounting policies of the segments are the same as the accounting policies of the Company as a whole.

The chief operating decision maker reviews the operating results of these reportable segments. The performance of the reportable segments is based primarily on loss (profit) from continuing operations. Amounts in the table bellow represent the figures of the continuing operations in the different reportable segments.

			Airport
			Security
			and Other
			Aviation
	Corporate		Services			Technology		Total
Six months ended June 30, 2015:
Revenue	$	-	$	84,495		$	503	$	84,998
Depreciation and amortization		-		315			29		344
Loss from continuing operations		1,266		1,126			1,862		4,254
Total assets		473		36,277			407		37,157
Six months ended June 30, 2014:
Revenue	$	-	$	82,136		$	396	$	82,532
Depreciation and amortization		-		380			50		430
Loss (Profit) from continuing operations		1,325		(623	)		1,745		2,447
Total assets		584		32,051			259		32,894

The following table sets forth, for the periods indicated, revenue generated by country:

	Six months ended June 30,
	2015		2014
Netherlands	$	31,091	$	34,285
Germany		28,368		21,883
United States of America		19,969		19,555
Other		5,570		6,809
Total	$	84,998	$	82,532

The following table sets forth, for the periods indicated, property and equipment, net of accumulated depreciation and amortization by country:

	June 30,
	2015		2014
Netherlands	$	510	$	532
Germany		173		239
United States of America		298		433
Other		250		339
Total	$	1,231	$	1,543