REVENUE RECOGNITION (Tables)

3 Months Ended

Mar. 31, 2018

REVENUE RECOGNITION [Abstract]

Impact of Adopting Topic 606

A summary and discussion of such cumulative effect adjustment and the impact on current period financial statements of adopting Topic 606 is as follows:

	(in thousands)
	Three months ended March 31, 2018 (unaudited)
	prior U.S. GAAP			Topic 606 impact			as reported
STATEMENT OF OPERATIONS
Revenues
Professional sales services	$	5,155		$	56		$	5,211
Total revenues		17,481			56			17,537
Gross Profit		9,565			56			9,621
Operating expenses
Selling, general and administrative		11,604			(56	)		11,548
Operating loss	$	(2,226	)	$	112		$	(2,114	)
ASSETS
Accounts and other receivables, net	$	8,696		$	432		$	9,128
Deferred commission expense	$	3,548		$	1		$	3,549
Other assets, net	$	2,704		$	194		$	2,898
LIABILITIES AND STOCKHOLDERS' EQUITY
Deferred revenue - current portion	$	15,273		$	334		$	15,607
Deferred revenue - long term	$	5,646		$	42		$	5,688
Accumulated deficit	$	(54,511	)	$	252		$	(54,259	)

Disaggregation of Revenue

The following tables present revenues disaggregated by our business operations and timing of revenue recognition:

	(in thousands)
	Three Months Ended March 31, 2018 (unaudited)								Three Months Ended March 31, 2017 (unaudited)
	IT segment		Professional sales services segment		Equipment segment		Total		IT segment		Professional sales services segment		Equipment segment		Total
Network services	$	10,211					$	10,211	$	9,594					$	9,594
Software sales and support		1,202						1,202		206						206
Commissions				5,211				5,211				5,871				5,871
Medical equipment sales						631		631						423		423
Medical equipment service						282		282						280		280
	$	11,413	$	5,211	$	913	$	17,537	$	9,800	$	5,871	$	703	$	16,374

	Three Months Ended March 31, 2018 (unaudited)								Three Months Ended March 31, 2017 (unaudited)
	IT segment		Professional sales services segment		Equipment segment		Total		IT segment		Professional sales services segment		Equipment segment		Total
Revenue recognized over time	$	10,090	$	-	$	173	$	10,263	$	9,170	$	-	$	189	$	9,359
Revenue recognized at a point in time		1,323		5,211		740		7,274		630		5,871		514		7,015
	$	11,413	$	5,211	$	913	$	17,537	$	9,800	$	5,871	$	703	$	16,374

Transaction Price Allocated to Remaining Performance Obligations

As of March 31, 2018, the aggregate amount of transaction price allocated to performance obligations that are unsatisfied (or partially unsatisfied) for executed contracts approximates $87.1 million, of which we expect to recognize revenue as follows:

	(in thousands)
	Fiscal years of revenue recognition
	remainder of 2018		2019		2020		Thereafter
Unfulfilled performance obligations	$	41,782	$	29,120	$	11,113	$	7,431