Segment Information

12 Months Ended

Dec. 31, 2018

Segment Reporting [Abstract]

Segment Information

NOTE 14 - SEGMENT INFORMATION

The Company’s businesses are organized, managed and internally reported as five operating segments. Two of these operating segments, Packaging and Printing, and Plastics are engaged in the printing and production of paper, cardboard and plastic documents with a wide range of features, including the Company’s patented technologies and trade secrets designed for the protection of documents against unauthorized duplication and altering. The three other operating segments, DSS Digital Group, DSS Technology Management, and DSS International, which was added in 2017, are engaged in various aspects of developing, acquiring, selling and licensing technology assets and are grouped into one reportable segment called Technology.

Approximate information concerning the Company’s operations by reportable segment for the years ended December 31, 2018 and 2017 is as follows. The Company relies on intersegment cooperation and management does not represent that these segments, if operated independently, would report the results contained herein:

Year Ended December 31, 2018	Packaging and Printing			Plastics			Technology			Corporate			Total
Revenue	$	12,957,000		$	3,983,000		$	1,575,000		$	-		$	18,515,000
Depreciation and amortization		775,000			159,000			346,000			2,000			1,282,000
Interest expense		(89,000	)		(24,000	)		(13,000	)		(19,000	)		(145,000	)
Amortized Debt Discount		(2,000	)		-			(22,000	)		(22,000	)		(46,000	)
Stock based compensation		6,000			-			99,000			27,000			132,000
Income tax benefit		-			-			-			17,000			17,000
Net Income (loss)		785,000			28,000			1,761,000			(1,109,000	)		1,465,000
Capital Expenditures		643,000			305,000			54,000			1,000			1,003,000
Identifiable assets		9,643,000			3,492,000			1,085,000			1,060,000			15,280,000

Year Ended December 31, 2017	Packaging and Printing			Plastics		Technology			Corporate			Total
Revenue	$	12,556,000		$	4,470,000	$	1,636,000		$	-		$	18,662,000
Depreciation and amortization		663,000			134,000		614,000			3,000			1,414,000
Interest Expense		(107,000	)		-		(62,000	)		(54,000	)		(223,000	)
Amortized Debt Discount		(1,000	)		-		(131,000	)		(22,000	)		(154,000	)
Stock based compensation		-			-		40,000			175,000			215,000
Income tax benefit		-			-		-			(21,000	)		(21,000	)
Net Income (loss)		1,453,000			385,000		(1,219,000	)		(1,197,000	)		(578,000	)
Capital Expenditures		439,000			520,000		-			-			959,000
Identifiable assets		9,331,000			2,933,000		1,725,000			3,442,000			17,431,000

International revenue, which consists of sales to customers with operations in Canada, Western Europe, Latin America, Africa, the Middle East and Asia comprised 3.4% of total revenue for 2018 (3.2% - 2017). Revenue is allocated to individual countries by customer based on where the product is shipped. The Company had no long-lived assets in any country other than the United States for any period presented.

The following tables disaggregate our business segment revenues by major source.

Printed Products Revenue Information:

Twelve months ended December 31, 2018
Packaging Printing and Fabrication	$	11,741,000
Commercial and Security Printing		1,241,000
Technology Integrated Plastic Cards and Badges		1,354,000
Plastic Cards, Badges and Accessories		2,604,000
Total Printed Products	$	16,940,000

Twelve months ended December 31, 2017
Packaging Printing and Fabrication	$	11,450,000
Commercial and Security Printing		1,105,000
Technology Integrated Plastic Cards and Badges		1,902,000
Plastic Cards, Badges and Accessories		2,569,000
Total Printed Products	$	17,026,000

Technology Sales, Services and Licensing Revenue Information:

Twelve months ended December 31, 2018
Information Technology Sales and Services	$	345,000
Digital Authentication Products and Services		772,000
Royalties from Licensees		458,000
Total Technology Sales, Services and Licensing	$	1,575,000

Twelve months ended December 31, 2017
Information Technology Sales and Services	$	458,000
Digital Authentication Products and Services		512,000
Royalties from Licensees		666,000
Total Technology Sales, Services and Licensing	$	1,636,000