XML 36 R23.htm IDEA: XBRL DOCUMENT v3.19.1
Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of financial statements including discontinued operations

The Company has accounted for the operations as discontinued operations. The statement of operations include discontinued operations as follows: (in thousands)

 

    Year ended
December 31,
 
    2018  
       
Revenue   $ 156  
Cost of Revenue        
 Hardware     504  
      504  
Gross Deficit     (348 )
Expenses        
 General and administrative     551  
 Depreciation     9  
      560  
Loss from Discontinued Operations   $ (908

 

The balance sheet of discontinued operations as at December 31, 2018 is as follows: (in thousands)

 

    December 31,  
    2018  
       
Current assets    $    
Cash     18  
Accounts Receivable     111  
      129  
Property and equipment      36  
    $ 165  
Current liabilities        
Accounts payable    $ 1  
Loans payable     300  
      $ 301  
Shareholder deficiency      (136 )
    $ 165  

  

The Company accounted for the operations of this business segment as discontinued operations. The statement of operations include discontinued operations as follows (in thousands)

 

    Year ended
December 31,
 
    2017  
       
Revenue   $ 496  
Cost of Revenue     1,012  
Gross Deficit     (516 )
Expenses        
 General and administrative     998  
 Depreciation     5  
 Research and development     255  
      1,258  
Impairment Loss     (622 )
Income Taxes     21  
Loss from Discontinued Operations   $ (2,375 )