DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2021

Discontinued Operations and Disposal Groups [Abstract]

SCHEDULE OF AND DISCONTINUED OPERATIONS

The following tables show the major classes of assets and liabilities held for sale and results of operations of the discontinued operation.

DSS, INC. AND SUBSIDIARIES

Consolidated Balance Sheets– Assets and Liabilities Held for Sale

	December 31,		December 31,
	2021		2020
ASSETS
Current assets:
Cash	$	-	$	43,000
Accounts receivable, net		-		321,000
Prepaid expenses and other current assets		-		167,000
Total current assets		-		531,000
Property, plant and equipment, net		-		46,000
Right-of-use assets		-		744,000
LIABILITIES
Current liabilities:
Accounts payable		-		25,000
Accrued expense		-		8,000
Current portion of lease liability		-		240,000
Total current liabilities		-		273,000
Long term lease liability		-		505,000

DSS, INC. AND SUBSIDIARIES

Consolidated Statements of Operations - Discontinued Operations

	For the Year Ended
	December 31,
	2021			2020
Revenue:
Technology sales, services and licensing	$	-		$	2,045,000
Printed products		-			1,602,000
Total revenue		-			3,647,000
Costs and expenses:
Cost of revenue, exclusive of depreciation and amortization		28,000			1,919,000
Selling, general and administrative (including stock based compensation)		176,000			2,118,000
Depreciation and amortization		-			168,000
Impairment of goodwill		-			685,000
Total costs and expenses		204,000			4,890,000
Operating loss		(204,000	)		(1,243,000	)
Other income (expense):
Interest expense		-			(24,000	)
Gain on extinguishment of debt		-			347,000
Gain on disposition of business		2,868,000			279,000
Income (loss) before income taxes		2,664,000			(641,000	)
Income tax expense		(535,000	)		-
Income (loss) from discontinued operations	$	2,129,000		$	(641,000	)