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DISCONTINUED OPERATIONS (Tables)
9 Months Ended
Sep. 30, 2016
Discontinued Operations and Disposal Group [Abstract]  
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

Financial information for the Waste Services discontinued operations is summarized as follows:

 

 

For the three months ended

 

For the nine months ended

 

September 30, 2015

  September 30, 2015

 

(in thousands)

Revenue from services and product sales

$

1,959

 

 

$

5,965

 

Cost of sales for services

1,423

 

 

4,431

 

Selling, general, and administrative expenses

170

 

 

532

 

Gain on the sale of equipment

43

 

 

50

 

Net income

$

409

 

 

$

1,052

 

 

 

For the nine months ended

 

September 30, 2015

 

(in thousands)

Cash flows from operating activities

 

 

Net income from discontinued operations

$

1,052

 

Adjustments to reconcile net loss to net cash from operating activities:

 

 

Depreciation and amortization

330

 

Gain on sale of property and equipment

(50

)

Change in assets and liabilities

 

 

Receivables

(85

)

Inventories

8


Accounts payable

117

 

Other current liabilities

27

 

Net cash from operating activities

$

1,399

 

Cash flows from investing activities

 

 

Proceeds from sale of property and equipment

44

 

Purchases of property and equipment

(357

)

Net cash used in investing activities

$

(313

)

 

A pro forma summary of continuing operations for the nine months ended September 30, 2015 assuming the Waste Services Segment was sold at the beginning of the year is as follows (unaudited):

 

 

 

 

 

2015

 

(in thousands, except per share data)

Total revenue

$

39,629

 

Net loss from continuing operations

(6,540

)

Net loss

(5,488

)

 


Net loss from continuing operations per share

$

(0.82

)

Net loss per share

(0.69

)