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NOTE 4: SEGMENT INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block] The following is information about reported segment revenues, income (losses) and total assets for the six and three months ended June 30, 2015 and 2014:

 
 
Training and
Simulation
Division
 
 
Power Systems
Division
 
 
Corporate
 
 
Total
Company
 
Six months ended June 30, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Revenues from outside customers
 
$
26,322,683
     
19,548,250
     
–
     
45,870,933
 
Depreciation and amortization expense(1)
 
 
(415,021
)
   
(2,055,058
)
   
(12,406
)
   
(2,482,485
)
Direct expenses(2)
 
 
(22,028,902
)
   
(20,746,239
)
   
(2,158,225
)
   
(44,933,366
)
Segment net income (loss)
 
$
3,878,760
     
(3,253,047
)
   
(2,170,631
)
   
(1,544,918
)
Financial income (expense)
 
 
(24,841
)
   
14,194
     
(560,358
)
   
(571,005
)
Income tax expense
 
 
(178,476
)
   
–
     
(431,248
)
   
(609,724
)
Net income (loss)
 
$
3,675,443
     
(3,238,853
)
   
(3,162,237
)
   
(2,725,647
)
Segment assets(3)
 
$
58,443,856
     
60,477,131
     
518,594
     
119,439,581
 
Additions to long-lived assets
 
$
398,114
     
701,728
     
4,502
     
1,104,344
 
Six months ended June 30, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues from outside customers
 
$
28,877,453
 
 
$
21,334,533
 
 
$
–
 
 
$
50,211,986
 
Depreciation and amortization expense(1)
 
 
(367,015
)
 
 
(1,278,072
)
 
 
(10,438
)
 
 
(1,655,525
)
Direct expenses(2)
 
 
(22,739,239
)
 
 
(17,736,091
)
 
 
(4,223,145
)
 
 
(44,698,475
)
Segment net income (loss)
 
$
5,771,199
 
 
$
2,320,370
 
 
$
(4,233,583
)
 
$
3,857,986
 
Financial expense
 
 
(17,445
)
 
 
(12,932
)
 
 
(652,271
)
 
 
(682,648
)
Income tax expense
 
 
(65,511
)
 
 
(13,800
)
 
 
(299,250
)
 
 
(378,561
)
Net income (loss)
 
$
5,688,243
 
 
$
2,293,638
 
 
$
(5,185,104
)
 
$
2,796,777
 
Segment assets(3)
 
$
48,016,363
 
 
$
69,050,430
 
 
$
419,530
 
 
$
117,486,323
 
Additions to long-lived assets
 
$
518,571
 
 
$
29,664,064
 
 
$
2,956
 
 
$
30,185,591
 
Three months ended June 30, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues from outside customers
 
$
12,884,562
     
8,759,665
     
–
     
21,644,227
 
Depreciation and amortization expense(1)
 
 
(207,845
)
   
(928,470
)
   
(5,937
)
   
(1,142,252
)
Direct expenses(2)
 
 
(10,297,258
)
   
(10,187,624
)
   
(1,646,321
)
   
(22,131,202
)
Segment net income (loss)
 
$
2,379,459
     
(2,356,429
)
   
(1,652,258
)
   
(1,629,229
)
Financial income (expense)
 
 
(13,226
)
   
38,824
     
(268,995
)
   
(243,397
)
Income tax expense
 
 
(151,220
)
   
–
     
(219,124
)
   
(370,344
)
Net income (loss)
 
$
2,215,013
     
(2,317,606
)
   
(2,140,377
)
   
(2,242,970
)
Three months ended June 30, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues from outside customers
 
$
13,195,615
 
 
$
14,633,571
 
 
$
–
 
 
$
27,829,186
 
Depreciation and amortization expense(1)
 
 
(187,773
)
 
 
(1,085,878
)
 
 
(4,001
)
 
 
(1,277,652
)
Direct expenses(2)
 
 
(10,055,402
)
 
 
(11,900,786
)
 
 
(2,068,889
)
 
 
(24,025,077
)
Segment net income (loss)
 
$
2,952,440
 
 
$
1,646,907
 
 
$
(2,072,890
)
 
$
2,526,457
 
Financial income (expense)
 
 
(10,033
)
 
 
48,787
 
 
 
(602,401
)
 
 
(563,647
)
Income tax expense
 
 
(30,500
)
 
 
–
 
 
 
(149,625
)
 
 
(180,125
)
Net income (loss)
 
$
2,911,907
 
 
$
1,695,694
 
 
$
(2,824,916
)
 
$
1,782,685
 
(1)
Includes depreciation of property and equipment and amortization expenses of intangible assets.
(2)
Including, inter alia, sales and marketing, general and administrative.
(3)
Out of those amounts, goodwill in the Company’s Training and Simulation and Power Systems Divisions totaled $24,435,641 and $21,173,818, respectively, as of June 30, 2015 and $24,435,641 and $21,758,040, respectively, as of June 30, 2014.