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SEGMENT AND GEOGRAPHICAL INFORMATION
12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
SEGMENT AND GEOGRAPHICAL INFORMATION

NOTE 15 – 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 provides security and other aviation 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, predominantly 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 operating results of these reportable segments are regularly reviewed by the chief operating decision.

 

          Airport              
          Security              
          and Other              
          Aviation              
    Corporate     Services     Technology     Total  
Year ended December 31, 2015:                        
 Revenue   $ -     $ 185,519     $ 1,503     $ 187,022  
 Depreciation and amortization     1       655       57       713  
 Income (loss) from continuing operations     (3,182 )     1,597       (3,117 )     (4,702 )
 Total assets from continuing operations     440       41,056       853       42,349  
                                 
Year ended December 31, 2014:                                
 Revenue   $ -     $ 172,102     $ 827     $ 172,929  
 Depreciation and amortization     3       689       69       761  
 Income (loss) from continuing operations     (99 )     5,106       (3,467 )     1,540  
 Total assets from continuing operations     404       34,006       461       34,871  
                                 
Year ended December 31, 2013:                                
 Revenue   $ -     $ 124,130     $ 367     $ 124,497  
 Depreciation and amortization     2       671       91       764  
 Income( Loss) from continuing operations     (3,938 )     2,373       (3,689 )     (5,254 )
 Total assets from continuing operations     447       27,720       488       28,655  

 

Revenue by country is summarized as follows:

 

    Year Ended December 31,  
    2015     2014     2013  
                   
United States   $ 41,817     $ 39,983     $ 41,565  
The Netherlands     72,231       69,667       56,631  
Germany     61,765       49,771       13,002  
Other     11,209       13,508       13,299  
Total   $ 187,022     $ 172,929     $ 124,497  

 

 

Property and equipment, net of accumulated depreciation and amortization, by country is summarized as follows:

 

    December 31,  
    2015     2014  
             
United States   $ 385     $ 361  
The Netherlands     673       446  
Germany     235       192  
Other     200       258  
Total   $ 1,493     $ 1,257