CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 428	$ 235
Accounts receivable - net	96	196
Inventories - net	708	680
Prepaid expenses and other current assets	416	187
Current assets of discontinued operations	9	4
Total current assets	1,657	1,302
Property and equipment - net	35	38
Intangible assets - net	1,804	1,839
Other assets - net	401	411
Total assets	3,897	3,590
Current liabilities:
Due to licensors	309	279
Accounts payable and accrued expenses	1,190	954
Promissory notes - related party, net of discount of $596	1,054	0
Deferred revenue	15	0
Current liabilities of discontinued operations	114	114
Total current liabilities	2,682	1,347
Promissory notes - related party, net of discount of $710	0	940
Derivative warrant liability	1,860	0
Long-term payable	15	22
Total liabilities	4,557	2,309
Commitments and contingencies
4Licensing Corporation shareholders' equity (deficit)
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 17,028,006 and 15,916,308 shares; outstanding 14,904,119 and 13,792,421 shares at March 31, 2015 and December 31, 2014, respectively	170	159
Additional paid-in capital	72,349	71,062
Accumulated deficit	(20,751)	(17,641)
Shareholders' equity before treasury stock	51,768	53,580
Less cost of 2,123,887 treasury shares at March 31, 2015 and December 31, 2014	(36,488)	(36,488)
Total equity of 4Licensing Corporation shareholders	15,280	17,092
Noncontrolling interests, (includes discontinued operations of $(16,177) at March 31, 2015 and December 31, 2014)	(15,940)	(15,811)
Total (deficit) equity	(660)	1,281
Total liabilities and (deficit) equity	$ 3,897	$ 3,590