XML 54 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Net revenues:    
Service revenue $ 834us-gaap_SalesRevenueServicesNet $ 1,087us-gaap_SalesRevenueServicesNet
Product revenue 332us-gaap_SalesRevenueGoodsNet 127us-gaap_SalesRevenueGoodsNet
Total net revenues 1,166us-gaap_SalesRevenueNet 1,214us-gaap_SalesRevenueNet
Costs and expenses:    
Selling, general and administrative 4,284us-gaap_SellingGeneralAndAdministrativeExpense 5,364us-gaap_SellingGeneralAndAdministrativeExpense
Cost of product sales 357us-gaap_CostOfGoodsAndServicesSold 53us-gaap_CostOfGoodsAndServicesSold
Total costs and expenses 4,641us-gaap_CostsAndExpenses 5,417us-gaap_CostsAndExpenses
Loss from operations (3,475)us-gaap_OperatingIncomeLoss (4,203)us-gaap_OperatingIncomeLoss
Other income (expense):    
Gain on settlement of claims 1,607four_GainOnSettlementOfClaims 0four_GainOnSettlementOfClaims
Gain on sale of assets 270us-gaap_GainLossOnDispositionOfIntangibleAssets 0us-gaap_GainLossOnDispositionOfIntangibleAssets
Interest expense (336)us-gaap_InterestExpense (3)us-gaap_InterestExpense
Total other income (expense) 1,541us-gaap_NonoperatingIncomeExpense (3)us-gaap_NonoperatingIncomeExpense
Loss from continuing operations before reorganization and litigation items (1,934)four_LossFromContinuingOperationsBeforeReorganizationItems (4,206)four_LossFromContinuingOperationsBeforeReorganizationItems
Reorganization items (42)us-gaap_ReorganizationItems (151)us-gaap_ReorganizationItems
Gain on settlement of pre-petition liabilities 0four_GainOnSettlementOfPrepetitionLiabilities 26four_GainOnSettlementOfPrepetitionLiabilities
(Loss) income from continuing operations (1,976)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (4,331)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Benefit from (provision for) income taxes 0us-gaap_IncomeTaxExpenseBenefit 0us-gaap_IncomeTaxExpenseBenefit
Loss from continuing operations (1,976)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest (4,331)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Income from discontinued operations 389us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 1,170us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Net loss (1,587)us-gaap_ProfitLoss (3,161)us-gaap_ProfitLoss
Loss attributable to noncontrolling interests, continuing operations 721us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity 331us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
Income attributable to noncontrolling interests, discontinued operations (27)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest (399)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
Net loss attributable to 4Licensing Corporation (893)us-gaap_NetIncomeLoss (3,229)us-gaap_NetIncomeLoss
Basic and diluted (loss) income per share attributable to 4Licensing Corporation common shareholders    
Continuing operations (in dollars per share) $ (0.09)us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare $ (0.29)us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
Discontinued operations (in dollars per share) $ 0.03us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare $ 0.06us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
Basic and diluted income (loss) per share attributable to 4Licensing Corporation common shareholders (in dollars per share) $ (0.06)us-gaap_EarningsPerShareBasicAndDiluted $ (0.23)us-gaap_EarningsPerShareBasicAndDiluted
Weighted average common shares outstanding - basic and diluted (in shares) 13,741,338us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 13,714,992us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted
Net income (loss) attributable to 4Licensing Corporation:    
Loss from continuing operations (1,976)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest (4,331)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Loss attributable to noncontrolling interests, continuing operations 721us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity 331us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
Net loss from continuing operations (1,255)us-gaap_IncomeLossFromContinuingOperations (4,000)us-gaap_IncomeLossFromContinuingOperations
Income from discontinued operations 389us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 1,170us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Income attributable to noncontrolling interests, discontinued operations (27)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest (399)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
Net income from discontinued operations 362us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 771us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net loss attributable to 4Licensing Corporation $ (893)us-gaap_NetIncomeLoss $ (3,229)us-gaap_NetIncomeLoss