ACQUISITION (Tables)

6 Months Ended

Jun. 30, 2017

Business Combinations [Abstract]

Schedule of business combinations

Upon initial measurement, components of the purchase price are as follows: 

Cash and cash equivalents	$	11
Accounts receivable, net		439
Inventories, net		667
Prepaid expenses and other current assets		139
Restricted cash		100
Intangible assets		95
Property and equipment, net		93
Other investments		303
Deposits and loans		44
Accounts payable and accrued expenses		(1,680	)
Revolving credit facility		(880	)
Notes payable		(2,204	)
Notes payable, related parties		(406	)
Convertible notes payable		0
Other current liabilities		(327	)
Net liabilities assumed		(3,606	)
Goodwill		6,002
Minority interest		(945	)
Purchase price	$	1,451

Schedule of the pro forma

These pro forma amounts do not purport to be indicative of the results that would have actually been obtained if the acquisition occurred as of the beginning of each period presented or that may be obtained in future periods: 

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2017			2016			2017			2016
Revenue	$	2,714		$	4,017		$	5,408		$	7,848
Net loss	$	(1,924	)	$	(651	)	$	(4,076	)	$	(1,099	)
Less: Net loss attributable to non-controlling interest		127			313			632			424
Net loss attributable to Digital Power Corp	$	(1,797	)	$	(338	)	$	(3,444	)	$	(675	)
Preferred deemed dividends		(319	)		—			(319	)		—
Preferred dividends		(8	)		—			(8	)		—
Loss available to common shareholders	$	(2,124	)	$	(338	)	$	(3,771	)	$	(675	)
Basic and diluted net loss per common share	$	(0.17	)	$	(0.04	)	$	(0.33	)	$	(0.08	)
Basic and diluted weighted average common shares outstanding		12,310,106			8,618,419			11,273,393			8,618,419
Comprehensive Loss
Loss available to common shareholders	$	(2,124	)	$	(338	)	$	(3,771	)	$	(675	)
Other comprehensive income (loss)
Change in net foreign currency translation adjustments		78			(152	)		99			(210	)
Net unrealized gain (loss) on securities available-for- sale, net of income taxes		0			—			130			18
Other comprehensive income (loss)		78			(152	)		229			(192	)
Total Comprehensive loss	$	(2,046	)	$	(490	)	$	(3,542	)	$	(86