SEGMENTS

9 Months Ended

Sep. 30, 2015

SEGMENTS [Abstract]

SEGMENTS

NOTE 5 – SEGMENTS

Operating segments are based upon our internal organization structure, the manner in which our operations are managed and the availability of separate financial information. We have two operating segments: a defense and aerospace segment operated by Enertec and a mobile resource management segment operated by Micronet.

The following table summarizes the financial performance of our operating segments:

	Nine months ended September 30, 2015
	Defense and aerospace				Mobile resource management			Consolidated
Revenues from external customers	$	5,673		$	11,309		$	16,982
Segment operating  loss		(714	)		(1) (1,370	)		(2,084	)
Non allocated expenses								(670	)
Finance expenses and other								(417	)
Consolidated loss before provision for income taxes							$	(3,171	)

	Nine months ended September 30, 2014
	Defense and aerospace		Mobile resource management				Consolidated
Revenues from external customers	$	8,022	$	15,546		$	23,568
Segment operating income (loss)		131		(2) (617	)		(486	)
Non allocated expenses							(885	)
Finance expenses							(811	)
Consolidated loss before provision for income taxes						$	(2,182	)

(1) Includes $889 of intangible assets amortization, derived from Micronet and Micronet Inc. acquisitions.

(2)  Includes $557 of intangible assets amortization, derived from Micronet and Micronet Inc. acquisitions.