CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 235	$ 356
Accounts receivable - net	196	308
Inventories - net	680	137
Prepaid expenses and other current assets	187	278
Current assets of discontinued operations	4	1
Total current assets	1,302	1,080
Property and equipment - net	38	37
Accounts receivable - noncurrent, net	0	1
Intangible assets - net	1,839	1,979
Other assets - net	411	471
Total assets	3,590	3,568
Current liabilities:
Due to licensors	279	327
Accounts payable and accrued expenses	954	1,789
Current liabilities of discontinued operations	114	618
Deferred revenue	0	7
Total current liabilities	1,347	2,741
Long-term debt, net of debt discount of $710 at December 31, 2014	940	0
Long-term payable	22	23
Total liabilities	2,309	2,764
Commitments and contingencies (Note 15)
4Licensing Corporation shareholders' equity
Preferred stock, $.01 par value - authorized 3,000,000 shares; none issued	0	0
Common stock, $.01 par value - authorized 40,000,000 shares; issued 15,916,308 and 15,838,879 shares; outstanding 13,792,421 and 13,714,992 in 2014 and 2013, respectively	159	158
Additional paid-in capital	71,062	69,629
Accumulated deficit	(17,641)	(16,748)
Shareholders' equity before treasury stock	53,580	53,039
Less cost of 2,123,887 treasury shares in both 2014 and 2013	(36,488)	(36,488)
Total equity of 4Licensing Corporation shareholders	17,092	16,551
Noncontrolling interests, includes discontinued operations of $(16,177) and $(16,203) in 2014 and 2013, respectively	(15,811)	(15,747)
Total equity	1,281	804
Total liabilities and equity	$ 3,590	$ 3,568