SEGMENT INFORMATION

12 Months Ended

Dec. 31, 2013

SEGMENT INFORMATION [Abstract]

SEGMENT INFORMATION

NOTE 17. SEGMENT INFORMATION

We have two reportable operating segments in 2013: (i) USA segment, which manufactures and distributes SRB in various granulations along with Stage II products and derivatives and (ii) Brazil segment, which extracts crude RBO and DRB from rice bran, which are then further processed into fully refined rice bran oil for sale internationally and in Brazil, compounded animal nutrition products for horses, cows, swine, sheep and poultry and a number of valuable human food and animal nutrition products derivatives and co-products. In addition we incur corporate and other expenses not directly attributable to operating segments, which include costs related to our corporate staff, general and administrative expenses including public company expenses, intellectual property, professional fees, and other expenses.  No Corporate allocations, including interests, are made to the operating segments.

The table below presents segment information for the years identified and provides a reconciliation of segment information to total consolidated information (in thousands).

	2013
	Corporate			USA			Brazil			Consolidated
Revenues	$	-		$	12,023		$	23,028		$	35,051
Cost of goods sold		-			9,078			22,028			31,106
Gross profit		-			2,945			1,000			3,945
Depreciation and amortization (in selling, general and administrative)		(24	)		(469	)		(756	)		(1,249	)
Impairment of property		-			(300	)		-			(300	)
Other operating expenses		(5,918	)		(2,006	)		(4,442	)		(12,366	)
Income (loss) from operations	$	(5,942	)	$	170		$	(4,198	)	$	(9,970	)
Net income (loss) attributable to RiceBran Technologies shareholders	$	(12,418	)	$	170		$	(2,773	)	$	(15,021	)
Interest expense		(1,950	)		-			(1,984	)		(3,934	)
Depreciation (in cost of goods sold)		-			(926	)		(1,873	)		(2,799	)
Purchases of property		21			191			2,907			3,119
Property, net, end of period		55			7,231			17,672			24,958
Goodwill, end of period		-			-			4,139			4,139
Intangible assets, net, end of period		-			745			672			1,417
Total assets, end of period		6,039			9,796			28,743			44,578

	2012
	Corporate			USA			Brazil			Consolidated
Revenues	$	-		$	12,633		$	25,090		$	37,723
Cost of goods sold		-			8,946			22,705			31,651
Gross profit		-			3,687			2,385			6,072
Intersegment fees		347			-			(347	)		-
Depreciation and amortization (in selling, general and administrative)		(197	)		(1,006	)		(859	)		(2,062	)
Impairment of property		-			(1,069	)		-			(1,069	)
Other operating expenses		(4,768	)		(2,364	)		(4,496	)		(11,628	)
Loss from operations	$	(4,618	)	$	(752	)	$	(3,317	)	$	(8,687	)
Net loss attributable to RiceBran Technologies shareholders	$	(7,046	)	$	(770	)	$	(1,693	)	$	(9,509	)
Interest expense		(743	)		(17	)		(1,166	)		(1,926	)
Depreciation (in cost of goods sold)		-			(899	)		(1,651	)		(2,550	)
Purchases of property		1			150			6,331			6,482
Property, net, end of period		36			8,731			19,690			28,457
Goodwill, end of period		-			-			4,773			4,773
Intangible assets, net, end of period		-			1,133			1,442			2,575
Total assets, end of period		3,201			11,609			32,196			47,006

All changes in goodwill between December 31, 2013 and December 31, 2012, relate to foreign currency translation.

The following table presents revenues data by geographic area (in thousands):

	2013		2012
United States	$	12,869	$	16,177
Brazil		17,861		18,266
Other international		4,321		3,280
Total revenues	$	35,051	$	37,723