ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The estimated fair value of the Company’s assets and liabilities as of December 31, 2020 and 2019 were as follows (in thousands):


	Level 1		Level 2		Level 3		Total		Carrying Value
December 31, 2020
Assets:
Cash, cash equivalents, restricted cash	$	4,325	$	—	$	—	$	4,325	$	4,325
Total	$	4,325	$	—	$	—	$	4,325	$	4,325

Liabilities
Debt obligations	$	—	$	—	$	4,662	$	4,662	$	4,624
Total	$	—	$	—	$	4,662	$	4,662	$	4,624

December 31, 2019
Assets:
Cash, cash equivalents, restricted cash	$	1,779	$	—	$	—	$	1,779	$	1,779
Total	$	1,779	$	—	$	—	$	1,779	$	1,779

Liabilities
Debt obligations	$	—	$	—	$	3,075	$	3,075	$	3,480
Total	$	—	$	—	$	3,075	$	3,075	$	3,480

Schedule of Earnings Per Share, Basic and Diluted

The following table illustrates the computations of basic and diluted earnings per share for the years ended December 31, 2020 and 2019.


	2020		2019
Numerator for basic and diluted (loss) earnings per share	$	(7,058,000)	$	659,000
Denominator:
Denominator for basic and diluted (loss) earnings per share – weighted-average shares	6,182,000		5,919,000
Effect of dilutive securities Employee stock options and restricted stock	—		11,000
Denominator for diluted (loss) earnings per share – adjusted weighted-average shares	6,182,000		5,930,000
(Loss) earnings per common share- basic	$	(1.14)	$	0.11
(Loss) earnings per common share- diluted	$	(1.14)	$	0.11

Schedule of Domestic and Foreign Break out Percentages

The revenues, profit or loss, and net property and equipment allocations for the Company's two reportable segments as of December 31, 2020 consists of the following:


	2020		2019
Revenues
Domestic	$	16,204,000	$	19,396,000
Foreign	1,633,000		1,209,000
Total	$	17,837,000	$	20,605,000


	2020		2019
Profit or (loss)
Domestic	$	(7,082,000)	$	769,000
Foreign	24,000		(110,000)
Total	$	(7,058,000)	$	659,000


	2020		2019
Property and equipment, net
Domestic	$	27,223,000	$	38,593,000
Foreign	3,195,000		2,887,000
Total	$	30,418,000	$	41,480,000