0001493152-21-010641.txt : 20210506 0001493152-21-010641.hdr.sgml : 20210506 20210506164031 ACCESSION NUMBER: 0001493152-21-010641 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 83 CONFORMED PERIOD OF REPORT: 20210331 FILED AS OF DATE: 20210506 DATE AS OF CHANGE: 20210506 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BALLANTYNE STRONG, INC. CENTRAL INDEX KEY: 0000946454 STANDARD INDUSTRIAL CLASSIFICATION: PHOTOGRAPHIC EQUIPMENT & SUPPLIES [3861] IRS NUMBER: 470587703 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-13906 FILM NUMBER: 21898537 BUSINESS ADDRESS: STREET 1: 4201 CONGRESS STREET STREET 2: SUITE 175 CITY: CHARLOTTE STATE: NC ZIP: 28209 BUSINESS PHONE: (704) 994-8279 MAIL ADDRESS: STREET 1: 4201 CONGRESS STREET STREET 2: SUITE 175 CITY: CHARLOTTE STATE: NC ZIP: 28209 FORMER COMPANY: FORMER CONFORMED NAME: BALLANTYNE OF OMAHA INC DATE OF NAME CHANGE: 19950608 10-Q 1 form10q.htm

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 10-Q

 

(Mark One)

 

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the quarterly period ended March 31, 2021

 

OR

 

[  ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the transition period from                  to                 

 

 

 

Commission File Number: 1-13906

 

BALLANTYNE STRONG, INC.

(Exact Name of Registrant as Specified in Its Charter)

 

Delaware   47-0587703
(State or Other Jurisdiction of   (IRS Employer
Incorporation or Organization)   Identification Number)
     

4201 Congress Street, Suite 175

Charlotte, North Carolina

  28209
(Address of Principal Executive Offices)   (Zip Code)

 

(704) 994-8279

(Registrant’s telephone number, including area code)

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class   Trading Symbol(s)   Name of Each Exchange
on Which Registered
Common Shares, $0.01 par value   BTN   NYSE American

 

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding twelve months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [  ]

 

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes [X] No [  ]

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer [  ] Accelerated filer [  ]
Non-accelerated filer [X] Smaller reporting company [X]
    Emerging growth company [  ]

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [  ]

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [  ] No [X]

 

Indicate the number of shares outstanding of each of the issuer’s classes of common stock as of the latest practicable date:

 

Class   Outstanding as of May 3, 2021
Common Stock, $0.01 par value   18,301,544 shares

 

 

 

 

 

 

TABLE OF CONTENTS

 

    Page No.
     
  PART I. FINANCIAL INFORMATION  
     
Item 1. Financial Statements 3
     
  Condensed Consolidated Balance Sheets, March 31, 2021 (Unaudited) and December 31, 2020 3
     
  Condensed Consolidated Statements of Operations for the Three Months Ended March 31, 2021 and 2020 (Unaudited) 4
     
  Condensed Consolidated Statements of Comprehensive Income (Loss) for the Three Months Ended March 31, 2021 and 2020 (Unaudited) 5
     
  Condensed Consolidated Statements of Stockholders’ Equity for the Three Months Ended March 31, 2021 and 2020 (Unaudited) 6
     
  Condensed Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2021 and 2020 (Unaudited) 7
     
  Notes to the Condensed Consolidated Financial Statements (Unaudited) 8
     
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations 27
     
Item 3. Quantitative and Qualitative Disclosures about Market Risk 34
     
Item 4. Controls and Procedures 34
     
  PART II. OTHER INFORMATION  
     
Item 1. Legal Proceedings 35
     
Item 1A. Risk Factors 35
     

Item 2.

Unregistered Sales of Equity Securities and Use of Proceeds

35

     
Item 6. Exhibits 35
     
  Signatures 36

 

2

 

 

PART I. Financial Information

 

Item 1. Financial Statements

 

Ballantyne Strong, Inc. and Subsidiaries

Condensed Consolidated Balance Sheets

(In thousands, except par values)

 

   March 31, 2021   December 31, 2020 
   (unaudited)     
Assets          
Current assets:          
Cash and cash equivalents  $22,317   $4,435 
Restricted cash   150    352 
Accounts receivable (net of allowance for doubtful accounts of $958 and $1,006, respectively)   4,565    5,558 
Inventories, net   2,340    2,264 
Current assets of discontinued operations   -    3,748 
Other current assets   1,769    1,452 
Total current assets   31,141    17,809 
Property, plant and equipment, net   5,430    5,524 
Operating lease right-of-use assets   4,152    4,304 
Finance lease right-of-use assets   3    4 
Note receivable, net of current portion   2,292    - 
Investments   19,484    20,167 
Intangible assets, net   282    353 
Goodwill   950    938 
Long-term assets of discontinued operations   -    6,372 
Other assets   1,530    28 
Total assets  $65,264   $55,499 
           
Liabilities and Stockholders’ Equity          
Current liabilities:          
Accounts payable  $2,333   $2,717 
Accrued expenses   2,324    2,182 
Short-term debt   3,674    3,299 
Current portion of operating lease obligations   607    619 
Current portion of finance lease obligations   1,047    1,015 
Deferred revenue and customer deposits   2,466    2,404 
Current liabilities of discontinued operations   -    3,901 
Total current liabilities   12,451    16,137 
Operating lease obligations, net of current portion   3,672    3,817 
Finance lease obligations, net of current portion   817    1,091 
Deferred income taxes   2,991    3,099 
Long-term liabilities of discontinued operations   -    4,066 
Other long-term liabilities   241    223 
Total liabilities   20,172    28,433 
           
Commitments, contingencies and concentrations (Note 14)          
           
Stockholders’ equity:          
Preferred stock, par value $.01 per share; authorized 1,000 shares, none outstanding   -    - 
Common stock, par value $.01 per share; authorized 25,000 shares; issued 21,095 and 17,596 shares at March 31, 2021 and December 31, 2020, respectively; outstanding 18,301 and 14,802 shares at March 31, 2021 and December 31, 2020, respectively   211    176 
Additional paid-in capital   50,295    43,713 
Retained earnings   17,465    5,654 
Treasury stock, 2,794 shares at cost   (18,586)   (18,586)
Accumulated other comprehensive loss   (4,293)   (3,891)
Total stockholders’ equity   45,092    27,066 
Total liabilities and stockholders’ equity  $65,264   $55,499 

 

See accompanying notes to unaudited condensed consolidated financial statements.

 

3

 

 

Ballantyne Strong, Inc. and Subsidiaries

Condensed Consolidated Statements of Operations

Three Months Ended March 31, 2021 and 2020

(In thousands, except per share data)

(Unaudited)

 

   Three Months Ended March 31, 
   2021   2020 
Net product sales  $3,528   $5,232 
Net service revenues   1,244    2,182 
Total net revenues   4,772    7,414 
Cost of products sold   2,443    3,461 
Cost of services   1,169    2,086 
Total cost of revenues   3,612    5,547 
Gross profit   1,160    1,867 
Selling and administrative expenses:          
Selling   476    598 
Administrative   2,441    3,770 
Total selling and administrative expenses   2,917    4,368 
Loss from operations   (1,757)   (2,501)
Other income (expense):          
Interest income   13    - 
Interest expense   (90)   (127)
Foreign currency transaction gain   16    528 
Other income, net   142    19 
Total other income   81    420 
Loss from continuing operations before income taxes and equity method investment loss   (1,676)   (2,081)
Income tax expense   (69)   (342)
Equity method investment (loss) income   (769)   1,369 
Net loss from continuing operations   (2,514)   (1,054)
Net income from discontinued operations (Note 3)   14,325    607 
Net income (loss)  $11,811   $(447)
           
Basic and diluted net income (loss) per share          
Continuing operations  $(0.15)  $(0.07)
Discontinued operations   0.85    0.04 
Basic and diluted net income (loss) per share  $0.70   $(0.03)
           
Weighted-average shares used in computing net income (loss) per share:          
Basic   16,835    14,625 
Diluted   16,835    14,625 

 

See accompanying notes to unaudited condensed consolidated financial statements.

 

4

 

 

Ballantyne Strong, Inc. and Subsidiaries

Condensed Consolidated Statements of Comprehensive Income (Loss)

Three Months Ended March 31, 2021 and 2020

(In thousands)

(Unaudited)

 

   Three Months Ended March 31, 
   2021   2020 
Net income (loss)  $11,811   $(447)
Adjustment to postretirement benefit obligation   (46)   (4)
Unrealized loss on available-for-sale securities of equity method investments, net of tax   -    (76)
Currency translation adjustment:          
Unrealized net change arising during period   (356)   (1,205)
Total other comprehensive loss   (402)   (1,285)
Comprehensive income (loss)  $11,409   $(1,732)

 

See accompanying notes to unaudited condensed consolidated financial statements.

 

5

 

 

Ballantyne Strong, Inc. and Subsidiaries

Condensed Consolidated Statements of Stockholders’ Equity

Three Months Ended March 31, 2021 and 2020

(In thousands)

(Unaudited)

 

   Common Stock (Shares)   Common Stock
($)
   Additional Paid-In Capital   Retained Earnings   Treasury Stock   Accumulated Other Comprehensive Loss   Total
Stockholders’
Equity
 
Balance at December 31, 2020   17,596   $176   $43,713   $5,654   $(18,586)  $(3,891)  $27,066 
Net income   -    -    -    11,811    -    -    11,811 
Net other comprehensive loss   -    -    -    -    -    (402)   (402)
Vesting of restricted stock   209    2    (9)   -    -    -    (7)
Issuance of common stock, net of issuance costs   3,290    33    6,277    -    -    -    6,310 
Stock-based compensation expense   -    -    314    -    -    -    314 
Balance at March 31, 2021   21,095   $211   $50,295   $17,465   $(18,586)  $(4,293)  $45,092 

 

   Common Stock (Shares)   Common Stock 
($)
   Additional Paid-In Capital   Retained Earnings   Treasury Stock   Accumulated Other Comprehensive Loss   Total
Stockholders’
Equity
 
Balance at December 31, 2019   17,410   $174   $42,589   $6,001   $(18,586)  $(4,469)  $25,709 
Net loss   -    -    -    (447)   -    -    (447)
Net other comprehensive loss   -    -    -    -    -    (1,285)   (1,285)
Vesting of restricted stock   35    -    -    -    -    -    - 
Stock-based compensation expense   -    -    273    -    -    -    273 
Balance at March 31, 2020   17,445   $174   $42,862   $5,554   $(18,586)  $(5,754)  $24,250 

 

See accompanying notes to unaudited condensed consolidated financial statements.

 

6

 

 

Ballantyne Strong, Inc. and Subsidiaries

Condensed Consolidated Statements of Cash Flows

Three Months Ended March 31, 2021 and 2020

(In thousands)

(Unaudited)

 

   Three Months Ended March 31, 
   2021   2020 
Cash flows from operating activities:          
Net loss from continuing operations  $(2,514)  $(1,054)
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities:          
(Recovery of) provision for doubtful accounts   (32)   747 
(Benefit from) provision for obsolete inventory   (3)   89 
Provision for warranty   37    53 
Depreciation and amortization   274    284 
Amortization and accretion of operating leases   184    241 
Equity method investment loss (gain)   769    (1,369)
Deferred income taxes   (116)   23 
Stock-based compensation expense   314    273 
Changes in operating assets and liabilities:          
Accounts receivable   975    1,619 
Inventories   (53)   (238)
Current income taxes   (68)   (105)
Other assets   (202)   (196)
Accounts payable and accrued expenses   (743)   811 
Deferred revenue and customer deposits   286    112 
Operating lease obligations   (188)   (240)
Net cash (used in) provided by operating activities from continuing operations   (1,080)   1,050 
Net cash provided by operating activities from discontinued operations   186    1,589 
Net cash (used in) provided by operating activities   (894)   2,639 
           
Cash flows from investing activities:          
Capital expenditures  $(47)  $(282)
Net cash used in investing activities from continuing operations   (47)   (282)
Net cash provied by (used in) investing activities from discontinued operations   12,761    (89)
Net cash provided by (used in) investing activities   12,714    (371)
           
Cash flows from financing activities:          
Principal payments on short-term debt   (79)   (55)
Proceeds from stock issuance, net of costs   6,310    - 
Payments of withholding taxes related to net share settlement of equity awards   (7)   - 
Payments on capital lease obligations   (242)   (214)
Net cash provided by (used in) financing activities from continuing operations   5,982    (269)
Net cash used in financing activities from discontinued operations   (155)   (409)
Net cash provided by (used in) financing activities   5,827    (678)
           
Effect of exchange rate changes on cash and cash equivalents   33    5 
Net increase (decrease) in cash and cash equivalents and restricted cash from continuing operations   4,888    504 
Net increase in cash and cash equivalents and restricted cash from discontinued operations   12,792    1,091 
Net increase (decrease) in cash and cash equivalents and restricted cash   17,680    1,595 
Cash and cash equivalents and restricted cash at beginning of period   4,787    5,302 
Cash and cash equivalents and restricted cash at end of period  $22,467   $6,897 
           
Components of cash and cash equivalents and restricted cash:          
Cash and cash equivalents  $22,317   $6,546 
Restricted cash   150    351 
Total cash and cash equivalents and restricted cash  $22,467   $6,897 
           
Supplemental disclosure of non-cash investing and financing activities:          
Short-term borrowings to finance insurance  $413   $421 

 

See accompanying notes to unaudited condensed consolidated financial statements.

 

7

 

 

Ballantyne Strong, Inc. and Subsidiaries

Notes to the Condensed Consolidated Financial Statements

(Unaudited)

 

1. Nature of Operations

 

Ballantyne Strong, Inc. (“Ballantyne Strong” or the “Company”), a Delaware corporation, is a holding company with business operations in the entertainment industry and investments in public and privately held companies. The Company conducts its operations primarily through its Strong Entertainment operating segment, which manufactures and distributes premium large format projection screens and provides technical support services and other related products and services to the cinema exhibition industry, theme parks, schools, museums and other entertainment-related markets. Strong Entertainment also distributes and supports third party products, including digital projectors, servers, library management systems, menu boards and sound systems. The Company also operates its Digital Ignition technology incubator and co-working facility in Alpharetta, Georgia. In addition, the Company holds minority investment positions in one privately held company and two publicly traded companies.

 

In August 2020, the Company completed the sale of its Strong Outdoor business segment, and in February 2021, the Company completed the sale of its Convergent business segment. As a result of these divestitures, the Company has presented Strong Outdoor’s and Convergent’s operating results as discontinued operations for all periods presented. See Note 3 for additional details.

 

2. Summary of Significant Accounting Policies

 

Basis of Presentation and Principles of Consolidation

 

The condensed consolidated financial statements include the accounts of the Company and all majority-owned and controlled domestic and foreign subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation.

 

The condensed consolidated financial statements included in this report are presented in accordance with the requirements of Form 10-Q and consequently do not include all of the disclosures normally required by accounting principles generally accepted in the United States of America (also referred to as “GAAP”) for annual reporting purposes or those made in the Company’s Annual Report on Form 10-K. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020.

 

The condensed consolidated balance sheet as of December 31, 2020 was derived from the Company’s audited consolidated balance sheet as of that date. All other condensed consolidated financial statements contained herein are unaudited and, in the opinion of management, reflect all adjustments of a normal recurring nature necessary to present a fair statement of the financial position and the results of operations and cash flows for the respective interim periods. Certain prior period balances have been reclassified to conform to current period presentation. The results for interim periods are not necessarily indicative of trends or results expected for a full year.

 

Unless otherwise indicated, all references to “dollars” and “$” in this Quarterly Report on Form 10-Q are to, and amounts are presented in, U.S. dollars.

 

Use of Management Estimates

 

The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results and changes in facts and circumstances may alter such estimates and affect results of operations and financial position in future periods.

 

8

 

 

Significant uncertainty remains surrounding the COVID-19 global pandemic and the extent and duration of the impacts that it may have on the Company, as well as its customers, suppliers, and employees. While cinema and theme park operators in the United States and other parts of the world are in process of returning to “normal”, there continue to be spikes in COVID-19 cases and new variants in various parts of the world that could impact the pace of recovery in our markets. Accordingly, there continues to be a heightened potential for future reserves against trade receivables, inventory write downs and impairments of long-lived assets, goodwill, intangible assets and investments. In the current environment, assumptions about future financial and operational performance, supply chain pricing and availability and customer creditworthiness have greater variability than normal, which could in the future significantly affect the valuation of the Company’s assets, both financial and non-financial. As an understanding of the longer-term impacts of COVID-19 on the Company’s customers and business develops, there is heightened potential for changes in these views over the remainder of 2021, and potentially beyond.

 

Restricted Cash

 

Restricted cash represents amounts held in a collateral account for the Company’s corporate travel and purchasing credit card program.

 

Accounts Receivable

 

Trade accounts receivable are recorded at the invoiced amount and do not bear interest. The Company determines the allowance for doubtful accounts based on several factors, including overall customer credit quality, historical write-off experience and a specific analysis that projects the ultimate collectability of the account. As such, these factors may change over time causing the allowance level and bad debt expense to be adjusted accordingly.

 

Investments

 

The Company applies the equity method of accounting to investments when it has significant influence, but not controlling interest, in the investee. Judgment regarding the level of influence over each equity method investment includes considering key factors such as ownership interest, representation on the board of directors, participation in policy-making decisions and material intercompany transactions. The Company’s proportionate share of the net income (loss) resulting from these investments is reported under the line item captioned “equity method investment income (loss)” in our condensed consolidated statements of operations. The Company’s equity method investments are reported at cost and adjusted each period for the Company’s share of the investee’s income or loss and dividend paid, if any. The Company’s share of the investee’s income or loss is recorded on a one quarter lag for all equity method investments. The Company classifies distributions received from equity method investments using the cumulative earnings approach on the condensed consolidated statements of cash flows. Investments in nonmarketable unconsolidated entities in which the Company is not able to exercise significant influence (“Cost Method Investments”) are accounted for at the Company’s initial cost, minus any impairment (if any), plus or minus changes resulting from observable price changes in orderly transactions for the identical or a similar investment of the same issuer. Dividends on cost method investments received are recorded as income.

 

The Company assesses investments for impairment whenever events or changes in circumstances indicate that the carrying value of an investment may not be recoverable. Management reviewed the underlying net assets of the investees as of March 31, 2021 and determined that the Company’s proportionate economic interest in the investees indicate that the investments were not impaired. The carrying value of our equity method and cost method investments is reported as “investments” on the condensed consolidated balance sheets. Notes 3 and 7 contain additional information on our equity method and cost method investments.

 

9

 

 

Fair Value of Financial Instruments

 

Assets and liabilities measured at fair value are categorized into a fair value hierarchy based upon the observability of inputs to the valuation of an asset or liability as of the measurement date. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. The categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Financial assets and liabilities carried at fair value are classified and disclosed in one of the following three categories:

 

  Level 1 – inputs to the valuation techniques are quoted prices in active markets for identical assets or liabilities
  Level 2 – inputs to the valuation techniques are other than quoted prices but are observable for the assets or liabilities, either directly or indirectly
  Level 3 – inputs to the valuation techniques are unobservable for the assets or liabilities

 

The following tables present the Company’s financial assets measured at fair value based upon the level within the fair value hierarchy in which the fair value measurements are classified, as of March 31, 2021 and December 31, 2020.

 

Fair values measured on a recurring basis at March 31, 2021 (in thousands):

 

   Level 1   Level 2   Level 3   Total 
Cash and cash equivalents  $22,317   $  -   $  -   $22,317 
Restricted cash   150    -    -    150 
Total  $22,467   $-   $-   $22,467 

 

Fair values measured on a recurring basis at December 31, 2020 (in thousands):

 

   Level 1   Level 2   Level 3   Total 
Cash and cash equivalents  $4,435   $  -   $  -   $4,435 
Restricted cash   352    -    -    352 
Total  $4,787   $-   $-   $4,787 

 

The carrying values of all other financial assets and liabilities, including accounts receivable, accounts payable, accrued expenses and short-term debt reported in the consolidated balance sheets equal or approximate their fair values due to the short-term nature of these instruments. Based on quoted market prices, the fair value of the Company’s equity method investments was $20.6 million at March 31, 2021 (see Note 7).

 

Recently Adopted Accounting Pronouncements

 

In December 2019, the Financial Account Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2019-12, “Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes.” This ASU removes certain exceptions for investments, intraperiod allocations and interim tax calculations and adds guidance to reduce complexity in accounting for income taxes. The effective date of the standard is annual periods beginning after December 15, 2020, with early adoption permitted. The various amendments in the standard are applied on a retrospective basis, modified retrospective basis and prospective basis, depending on the amendment. The Company early adopted this ASU effective January 1, 2020. The adoption did not have a material impact on the Company’s consolidated financial statements.

 

In January 2020, the FASB issued ASU 2020-01, “Clarifying the Interactions Between Topic 321, Topic 323, and Topic 815.” This ASU clarifies the interaction between accounting standards related to equity securities, equity method investments and certain derivatives. The effective date of the standard is annual periods beginning after December 15, 2020, and interim periods within those fiscal years. The adoption did not have a material impact on the Company’s consolidated financial statements.

 

10

 

 

Recently Issued Accounting Pronouncements

 

In April 2020, the FASB issued a question-and-answer document to address stakeholder questions on the application of the lease accounting guidance for lease concessions related to the effects of the COVID-19 pandemic. The guidance allows concessions related to the timing of payments, where the total consideration has not changed, to not be accounted for as lease modifications. Instead, any such concessions can be accounted for as if no change was made to the contract or as variable lease payments. As a result of the COVID-19 pandemic, the Company received certain lease concessions in the form of rent deferrals during 2020. The Company chose to implement the policy election provided by the FASB to record rent concessions as if no modifications to leases contracts were made, and thus no changes to the lease obligations were recorded in respect to these concessions. As of March 31, 2021, the Company had outstanding deferred rent of $0.1 million, which will be paid over the remaining term of the leases.

 

3. Discontinued Operations

 

Convergent

 

As part of a transaction that closed in February 2021, the Company divested its Convergent business segment. The Company’s Convergent business segment delivered digital signage solutions and related services to large multi-location organizations in the United States and Canada.

 

On February 1, 2021, the Company entered into an Equity Purchase Agreement (together with the other related documents defined therein, the “Purchase Agreement”), and closed the transactions contemplated by the Purchase Agreement, with SageNet LLC (“SageNet”). Pursuant to the Purchase Agreement, a subsidiary of Ballantyne Strong sold 100% of the issued and outstanding limited liability company membership interests (the “Equity Interests”) in Convergent, LLC (“Convergent”) to SageNet. The purchase price for the Equity Interests (the “Purchase Price”) pursuant to the Purchase Agreement was (i) $15.0 million in cash and (ii) $2.5 million in the form of a subordinated promissory note delivered by SageNet in favor of the Company (the “SageNet Promissory Note”). Per the terms of the SageNet Promissory Note, the Company will receive twelve consecutive equal quarterly payments of principal, plus accrued interest thereon, commencing on March 31, 2022. The Company has elected to record the SageNet Promissory Note using its historical cost basis. Additionally, a portion of the Purchase Price was placed in escrow by SageNet, the release of which is contingent upon certain events and conditions specified in the Purchase Agreement. The Purchase Price is also subject to adjustment based on closing working capital of Convergent. As further consideration, SageNet also assumed approximately $5.7 million of third-party debt of Convergent, bringing the total enterprise value for Convergent’s equity interests to approximately $23.2 million. The Company recorded a gain of $14.9 million during the first quarter of 2021 related to the sale of Convergent.

 

Strong Outdoor

 

As part of transactions in May 2019 and August 2020, the Company divested its Strong Outdoor business segment. The Company’s Strong Outdoor business segment provided outdoor advertising and experiential marketing to advertising agencies and corporate accounts, primarily in New York City.

 

On May 21, 2019, Strong Digital Media, LLC (“SDM”), an indirect subsidiary of Ballantyne Strong, entered into a Taxicab Advertising Collaboration Agreement (the “Commercial Agreement”) and a Unit Purchase Agreement (the “Unit Purchase Agreement”) with Firefly Systems, Inc. (“Firefly”), pursuant to which SDM agreed to make available to Firefly 300 digital taxi tops. Additionally, the parties agreed to coordinate the fulfilling of SDM’s agreements with the Metropolitan Taxicab Board of Trade, Inc. (“MTBOT”) and Creative Mobile Media, LLC (“CMM”), each dated February 8, 2018. Firefly agreed to fulfill the digital taxi top advertising obligations under the MTBOT agreement and CMM agreement, and SDM agreed to fulfill the non-digital taxi top advertising obligations under the MTBOT agreement and CMM agreement. Ballantyne Strong is a party to the Unit Purchase Agreement and agreed to guarantee the payment obligations of SDM under the Commercial Agreement. As consideration for entering into these agreements, Ballantyne Strong received $4.8 million worth of Firefly’s Series A-2 preferred shares (the “Firefly Series A-2 Shares”). The Firefly Series A-2 Shares, including those subsequently issued pursuant to an earn-out provision, were subject to a repurchase option for a period of three years to cover SDM’s indemnity obligations and other post-closing covenants under the Commercial Agreement and the Unit Purchase Agreement. As part of the Asset Purchase Agreement (as defined and described below), Firefly no longer has an option to repurchase any of the Firefly Series A-2 Shares held by SDM.

 

11

 

 

The 300 digital tops the Company has made available to Firefly are subject to a master equipment lease agreement which the Company entered into during 2017. Pursuant to the master lease agreement and the Unit Purchase Agreement, the Company will remain the primary obligor until such time as the lease expires. In addition, of the $4.8 million worth of Firefly Series A-2 Shares received, $1.2 million worth of such shares were eligible for repurchase by Firefly if the Company did not exercise the purchase option contained within the master lease agreement. Accordingly, the Company had deferred recognizing an investment related to these Firefly Series A-2 Shares eligible for repurchase until such time it was reasonably certain the Company would exercise the purchase option. The transaction, in effect, transferred control of the underlying asset to Firefly. As additional consideration for the right to use the digital taxi tops, Firefly agreed to pay for certain of Company’s operating expenses associated with the non-digital taxi tops. The Company concluded the payments that Firefly made on its behalf were variable payments and were not included in the calculation of the selling profit. Therefore, the Company recorded the benefit and the related operating expenses in the period when the changes in facts and circumstances on which the variable lease payments were based occurred. As part of the Asset Purchase Agreement (as defined and described below) the Taxicab Advertising Collaboration Agreement dated May 21, 2019 was terminated, which relieved the Company of its obligation to exercise the purchase option contained within the master lease agreement. As a result, the Company recognized an additional $1.2 million investment during the year ended December 31, 2020 related to the Firefly Series A-2 Shares that were previously eligible for repurchase by Firefly.

 

The Unit Purchase Agreement contained an earnout provision pursuant to which SDM obtained additional Firefly Series A-2 Shares. The earnout period was from May 22, 2019 through June 30, 2020. SDM was eligible to earn additional Firefly Series A-2 Shares equivalent to the cash collections under certain digital top contracts that were in place at the closing of the transaction. Ballantyne Strong received the shares earned pursuant to the earnout provision on August 3, 2020. In connection with the additional Firefly Series A-2 Shares that were received pursuant to the earnout, Ballantyne Strong recorded an additional $0.7 million gain on the Firefly transaction during the year ended December 31, 2020.

 

On August 3, 2020, SDM entered into an Asset Purchase Agreement (the “Asset Purchase Agreement”) with Firefly, pursuant to which SDM agreed to sell certain assets primarily related to its Strong Outdoor operating business to Firefly and continue to make available 300 digital taxi tops to Firefly. SDM retained certain accounts receivable as well as liabilities other than executory obligations under transferred contracts to the extent such liabilities are required to be performed following closing or constitute certain deferred revenue. The transaction closed on the same day.

 

As consideration for entering into the Asset Purchase Agreement, SDM received approximately $0.6 million in cash consideration and approximately $3.2 million worth of Firefly Series A-3 preferred shares (the “Firefly Series A-3 Shares”). In connection with the closing of the transactions contemplated by the Asset Purchase Agreement, (i) SDM received approximately $1.1 million worth of Firefly’s Series A-2 Shares, which constituted the remaining shares to be issued pursuant to the Unit Purchase Agreement; (ii) Firefly no longer had an option to repurchase any of the Series A-2 Shares held by SDM; (iii) all accounts payable to Firefly were cancelled and forgiven; and (iv) the Commercial Agreement dated May 21, 2019 was terminated, which relieved Ballantyne Strong of its obligation to exercise the purchase option contained within the master lease agreement. Ballantyne Strong recorded a gain of approximately $5.3 million during the third quarter of 2020 as a result of the transaction. As of March 31, 2021, SDM held approximately $5.7 million worth of Firefly Series A-2 Shares, which included the shares issued to SDM as part of the May 2019 transaction and $7.4 million worth of Firefly Series A-3 Shares.

 

As contemplated by the Asset Purchase Agreement, Firefly Series A-2 Shares are held by SDM. Additionally, the previously issued Firefly Series A-2 Shares held by Fundamental Global Venture Partners, LP (“FGVP”), an investment fund that was managed by Fundamental Global Investors, LLC in which SDM was the sole limited partner, were transferred to SDM. The Asset Purchase Agreement includes customary representations and warranties. In connection with the Asset Purchase Agreement, SDM agreed to indemnify Firefly for excluded liabilities related to the transferred business.

 

Ballantyne Strong entered into a Master Services Agreement (the “Master Services Agreement”) with Firefly, pursuant to which Ballantyne Strong agreed to provide certain support services to Firefly, including remote equipment monitoring and diagnostics of screens, until no later than December 31, 2022, and to provide transition advertising instruction and integration services, content management services, ad-hoc reporting and analysis, wireless service, advertising content management services, and mapping data until no later than six months from closing. As consideration for entering into the Master Services Agreement, Ballantyne Strong received $2.0 million in cash consideration.

 

12

 

 

The major classes of assets and liabilities included as part of discontinued operations as of December 31, 2020 are as follows (in thousands):

 

   December 31, 2020 
   Convergent   Strong Outdoor   Total 
Accounts receivable, net  $3,065   $      -   $3,065 
Inventories, net   312    -    312 
Other current assets   371    -    371 
Total current assets of discontinued operations   3,748    -    3,748 
Property, plant and equipment, net   3,172    -    3,172 
Intangible assets, net   753    -    753 
Operating lease right-of-use assets   212    -    212 
Finance lease right-of-use assets   2,235    -    2,235 
Total long-term assets of discontinued operations   6,372    -    6,372 
Total assets of discontinued operations  $10,120   $-   $10,120 
                
Accounts payable  $449   $-   $449 
Accrued expenses   812    -    812 
Current portion of long-term debt   1,075    -    1,075 
Current portion of operating lease obligation   108    -    108 
Current portion of finance lease obligation   859    -    859 
Deferred revenue and customer deposits   598    -    598 
Total current liabilities of discontinued operations   3,901    -    3,901 
Long-term debt, net of current portion   2,340    -    2,340 
Operating lease obligation, net of current portion   107    -    107 
Finance lease obligation, net of current portion   1,530    -    1,530 
Other long-term liabilities   89    -    89 
Total long-term liabilities of discontinued operations   4,066    -    4,066 
Total liabilities of discontinued operations  $7,967   $-   $7,967 

  

The major line items constituting the net income (loss) from discontinued operations are as follows (in thousands):

 

   Three Months Ended March 31, 2021   Three Months Ended March 31, 2020 
   Convergent   Strong Outdoor   Total   Convergent   Strong Outdoor   Total 
Net revenues  $1,472   $      -   $1,472   $4,963   $1,197   $6,160 
Cost of revenues   746    -    746    2,940    836    3,776 
Gross profit   726    -    726    2,023    361    2,384 
Selling and administrative expenses   1,241    -    1,241    1,101    704    1,805 
(Loss) income from operations   (515)   -    (515)   922    (343)   579 
Gain on Convergent transaction   14,937    -    14,937    -    -    - 
Gain on Firefly transaction   -    -    -    -    270    270 
Other expense   (39)   -    (39)   (184)   -    (184)
Income (loss) from discontinued operations   14,383    -    14,383    738    (73)   665 
Income tax expense   (58)   -    (58)   (58)   -    (58)
Total net income (loss) from discontinued operations  $14,325   $-   $14,325   $680   $(73)  $607 

 

13
 

 

4. Revenue

 

The Company accounts for revenue using the following steps:

 

Identify the contract, or contracts, with a customer;
Identify the performance obligations in the contract;
Determine the transaction price;
Allocate the transaction price to the identified performance obligations; and
Recognize revenue when, or as, the Company satisfies the performance obligations.

 

The Company combines contracts with the same customer into a single contract for accounting purposes when the contracts are entered into at or near the same time and the contracts are negotiated as a single commercial package, consideration in one contract depends on the other contract, or the services are considered a single performance obligation. If an arrangement involves multiple performance obligations, the items are analyzed to determine whether they are distinct, whether the items have value on a standalone basis, and whether there is objective and reliable evidence of their standalone selling price. The total contract transaction price is allocated to the identified performance obligations based upon the relative standalone selling prices of the performance obligations. The standalone selling price is based on an observable price for services sold to other comparable customers, when available, or an estimated selling price using a cost-plus margin approach. The Company estimates the amount of total contract consideration it expects to receive for variable arrangements by determining the most likely amount it expects to earn from the arrangement based on the expected quantities of services it expects to provide and the contractual pricing based on those quantities. The Company only includes a portion of variable consideration in the transaction price when it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur or when the uncertainty associated with the variable consideration is subsequently resolved. The Company considers the sensitivity of the estimate, its relationship and experience with the client and variable services being performed, the range of possible revenue amounts and the magnitude of the variable consideration to the overall arrangement.

 

As discussed in more detail below, revenue is recognized when a customer obtains control of promised goods or services under the terms of a contract and is measured as the amount of consideration the Company expects to receive in exchange for transferring goods or providing services. The Company does not have any material extended payment terms, as payment is due at or shortly after the time of the sale. Sales, value-added and other taxes collected concurrently with revenue producing activities are excluded from revenue.

 

The Company recognizes contract assets or unbilled receivables related to revenue recognized for services completed but not yet invoiced to the clients. Unbilled receivables are recorded as accounts receivable when the Company has an unconditional right to contract consideration. A contract liability is recognized as deferred revenue when the Company invoices clients, or receives cash, in advance of performing the related services under the terms of a contract. Deferred revenue is recognized as revenue when the Company has satisfied the related performance obligation.

 

The Company defers costs to acquire contracts, including commissions, incentives and payroll taxes, if they are incremental and recoverable costs of obtaining a customer contract with a term exceeding one year. Deferred contract costs are reported within other assets and amortized to selling expense over the contract term, which generally ranges from one to five years. The Company has elected to recognize the incremental costs of obtaining a contract with a term of less than one year as a selling expense when incurred. The Company did not have any deferred contract costs as of March 31, 2021 or December 31, 2020.

 

14
 

 

The following tables disaggregate the Company’s revenue by major source and by operating segment for the three months ended March 31, 2021 and March 31, 2020 (in thousands):

 

   Three Months Ended March 31, 2021   Three Months Ended March 31, 2020 
   Strong Entertainment   Other   Total   Strong Entertainment   Other   Total 
Screen system sales  $    2,047   $-   $2,047   $   2,956   $-   $2,956 
Digital equipment sales   1,175    -    1,175    1,649    -    1,649 
Extended warranty sales   32    -    32    159    -    159 
Other product sales   274    -    274    468    -    468 
Total product sales   3,528    -    3,528    5,232    -    5,232 
Field maintenance and monitoring services   863    -    863    1,804    -    1,804 
Installation services   71    -    71    257    -    257 
Other service revenues   10    300    310    20    101    121 
Total service revenues   944    300    1,244    2,081    101    2,182 
Total  $4,472   $300   $4,772   $7,313   $101   $7,414 

 

Screen system sales

 

The Company typically recognizes revenue on the sale of its screen systems when control of the screen is transferred to the customer, usually at time of shipment. However, revenue is recognized upon delivery for certain international shipments with longer shipping transit time because control does not transfer to the customer until delivery. For contracts that are long-term in nature, the Company believes that the use of the percentage-of-completion method is appropriate as the Company has the ability to make reasonably dependable estimates of the extent of progress towards completion, contract revenues, and contract costs. Under the percentage-of-completion method, revenue is recorded based on the ratio of actual costs incurred to total estimated costs expected to be incurred related to the contract. The cost of freight and shipping to the customer is recognized in cost of sales at the time of transfer of control to the customer.

 

Digital equipment sales

 

The Company recognizes revenue on sales of digital equipment when the control of the equipment is transferred, which occurs at the time of shipment from the Company’s warehouse or drop-shipment from a third party. The cost of freight and shipping to the customer is recognized in cost of sales at the time of transfer of control to the customer.

 

Field maintenance and monitoring services

 

The Company sells service contracts that provide maintenance and monitoring services to its Strong Entertainment customers. These contracts are generally 12 months in length. Revenue related to service contracts is recognized ratably over the term of the agreement.

 

In addition to selling service contracts, the Company also performs discrete time and materials-based maintenance and repair work for customers in the Strong Entertainment segment. Revenue related to time and materials-based maintenance and repair work is recognized at the point in time when the performance obligation has been fully satisfied.

 

Installation services

 

The Company performs installation services for its Strong Entertainment customers and recognizes revenue upon completion of the installations.

 

Extended warranty sales

 

The Company sells extended warranties to its Strong Entertainment customers. When the Company is the primary obligor, revenue is recognized on a gross basis ratably over the term of the extended warranty. In third party extended warranty sales, the Company is not the primary obligor, and revenue is recognized on a net basis at the time of the sale.

 

15
 

 

Timing of Revenue Recognition

 

The following tables disaggregate the Company’s revenue by the timing of transfer of goods or services to the customer for the three months ended March 31, 2021 and 2020 (in thousands):

 

   Three Months Ended March 31, 2021   Three Months Ended March 31, 2020 
   Strong Entertainment   Other   Total   Strong Entertainment   Other   Total 
Point in time  $    3,756   $4   $3,760   $    5,715   $4   $5,719 
Over time   716    296    1,012    1,598    97    1,695 
Total  $4,472   $300   $4,772   $7,313   $101   $7,414 

 

At March 31 2021, the unearned revenue amount associated with long-term projects that the Company uses the percentage-of-completion method to recognize revenue, maintenance and monitoring services and extended warranty sales in which the Company is the primary obligor was $2.0 million. The Company expects to recognize $1.3 million of unearned revenue amounts during the remainder of 2021 and $0.7 million during 2022.

 

5. Loss Per Common Share

 

Basic loss per share has been computed on the basis of the weighted average number of shares of common stock outstanding. Diluted loss per share would be computed on the basis of the weighted average number of shares of common stock outstanding after giving effect to potential common shares from dilutive stock options and certain non-vested shares of restricted stock and restricted stock units. However, because the Company reported losses from continuing operations in all periods presented, there were no differences between average shares used to compute basic and diluted loss per share for the three months ended March 31, 2021 and 2020. The following table summarizes the weighted average shares used to compute basic and diluted loss per share (in thousands):

 

   Three Months Ended March 31, 
   2021   2020 
Weighted average shares outstanding:          
Basic weighted average shares outstanding   16,835    14,625 
Dilutive effect of stock options and certain non-vested restricted stock units   -    - 
Diluted weighted average shares outstanding   16,835    14,625 

 

Options to purchase 514,500 and 1,057,000 shares of common stock were outstanding as of March 31, 2021 and March 31, 2020, respectively, but were not included in the computation of diluted loss per share as the options’ exercise prices were greater than the average market price of the common shares for each period. An additional 142,557 and 86,725 common stock equivalents related to options and restricted stock awards were excluded for the three months ended March 31, 2021 and March 31, 2020, respectively, as their inclusion would be anti-dilutive, thereby decreasing the net losses per share.

 

16
 

 

6. Inventories

 

Inventories consisted of the following (in thousands):

 

   March 31, 2021   December 31, 2020 
Raw materials and components  $1,485   $1,584 
Work in process   289    141 
Finished goods   566    539 
   $2,340   $2,264 

 

The inventory balances were net of reserves of approximately $0.4 million as of both March 31, 2021 and December 31, 2020.

 

7. Investments

 

The following summarizes our investments (dollars in thousands):

 

   March 31, 2021   December 31, 2020 
   Carrying Amount   Economic Interest   Carrying Amount   Economic Interest 
Equity Method Investments                    
FG Financial Group, Inc.  $3,954    20.8%  $4,370    20.9%
GreenFirst Forest Products Inc.   2,378    29.6%   2,697    29.6%
Total Equity Method Investments   6,332         7,067      
                     
Cost Method Investment                    
Firefly Systems, Inc.   13,152         13,100      
Total Investments  $19,484        $20,167      

 

Equity Method Investments

 

The following summarizes the (loss) income of equity method investees reflected in the condensed consolidated statements of operations (in thousands):

 

   Three Months Ended March 31, 
   2021   2020 
Entity        
FG Financial Group, Inc.  $(416)  $1,417 
GreenFirst Forest Products Inc.   (353)   (48)
Total  $(769)  $1,369 

 

FG Financial Group, Inc.

 

FG Financial Group, Inc. (“FGF”) (formerly 1347 Property Insurance Holdings, Inc.) is a reinsurance and investment management holding company focused on opportunistic collateralized and loss capped reinsurance, while allocating capital to special purpose acquisition companies (each, a “SPAC”) and SPAC sponsor-related businesses. In September 2020, FGF entered into an agreement pursuant to which FGF purchased 1.1 million shares of its outstanding common stock from an existing shareholder. The purchase of the 1.1 million shares decreased the number of outstanding shares of FGF and increased the Company’s ownership interest to approximately 21%. The Company’s Chairman, D. Kyle Cerminara, is the chairman of the board of directors of FGF. As of March 31, 2021, Mr. Cerminara was affiliated with entities that, when combined with the Company’s ownership in FGF, own greater than 50% of FGF. Since FGF does not depend on the Company for continuing financial support to maintain operations, the Company has determined that FGF is not a variable interest entity, and therefore, the Company is not required to determine the primary beneficiary of FGF for potential consolidation. The Company did not receive dividends from FGF during the three months ended March 31, 2021 or 2020. Based on quoted market prices, the market value of the Company’s ownership in FGF was $4.8 million at March 31, 2021.

 

17
 

 

GreenFirst Forest Products, Inc.

 

GreenFirst Forest Products Inc. (“GreenFirst”) (formerly Itasca Capital Ltd.) is a publicly-traded Canadian company focused on environmentally sustainable forest management and lumber production. The Company’s Chairman, Mr. Cerminara, is chairman of the board of directors of GreenFirst, and the Company’s former Co-Chairman, Lewis M. Johnson, is also a member of the board of directors of GreenFirst. These board seats, combined with the Company’s 29.6% ownership of GreenFirst, provide the Company with significant influence over GreenFirst, but not a controlling interest. The Company did not receive dividends from GreenFirst during the three months ended March 31, 2021 or 2020. Based on quoted market prices, the market value of the Company’s ownership in GreenFirst was $15.7 million at March 31, 2021.

 

On April 12, 2021, GreenFirst announced that it had entered into an asset purchase agreement (the “GreenFirst Purchase Agreement”) pursuant to which it will acquire a portfolio of forest and paper product assets (the “Assets”) at a purchase price of approximately US$214 million. GreenFirst announced that it intends to file a prospectus to conduct a backstopped rights offering (the “Rights Offering”) to finance a portion of the purchase price for the Assets. Pursuant to its announcement, GreenFirst intends to issue three rights (each a “Right”) for each of its outstanding shares of common stock (each a “Common Share”) with each Right being exercisable, at a subscription price of CDN$1.50, to acquire a subscription receipt (each a “Subscription Receipt”). Each Subscription Receipt would, upon the closing of the transactions contemplated by the Agreement and without any further consideration, automatically be exchanged into a Common Share. On April 10, 2021, the Company entered into a commitment letter (the “Commitment”) with GreenFirst pursuant to which the Company agreed to participate in the Rights Offering expected to be conducted by GreenFirst. By entering into the Commitment, the Company committed to exercise the Canadian dollar equivalent of approximately US$1.6 million of the Rights offered in the Rights Offering. The Commitment will terminate, and the Company will be released from its obligations under the Commitment if the Rights Offering is not completed by September 30, 2021, or such later date as agreed to between GreenFirst and the purchaser committed to backstop the Rights Offering.

 

As of March 31, 2021, the Company’s retained earnings included an accumulated deficit from its equity method investees of approximately $4.8 million.

 

The summarized financial information presented below reflects the financial information of the Company’s equity method investees for the three months ended December 31, 2020 and 2019, consistent with the Company’s recognition of the results of its equity method investments on a one-quarter lag (in thousands):

 

For the three months ended December 31,  2020   2019 
         
Revenue (1)  $(243)  $4,340 
Operating (loss) income  $(3,178)  $3,977 
Net (loss) income  $(3,181)  $8,121 

 

(1) FGF records realized and unrealized gains and losses on investments in net investment income (loss), which is included in the revenue line above.

 

Cost Method Investment

 

The Company received preferred shares of Firefly in connection with the transactions with Firefly in May 2019 and August 2020. See Note 3 for additional details. In addition, on August 3, 2020, the Company’s Canadian subsidiary, Strong/MDI Screen Systems, Inc. (“Strong/MDI”) entered into a Stock Purchase Agreement (the “Stock Purchase Agreement”) with Firefly, pursuant to which Strong/MDI agreed to purchase $4.0 million worth of Firefly Series A-3 Shares. The Company and its affiliated entities have designated Kyle Cerminara, Chairman of the Company’s board of directors and a principal of the Company’s largest shareholder, to Firefly’s board of directors.

 

18
 

 

8. Property, Plant and Equipment, Net

 

Property, plant and equipment, net consisted of the following as of March 31, 2021 and December 31, 2020 (in thousands):

 

   March 31, 2021   December 31, 2020 
Land  $51   $51 
Buildings and improvements   6,960    6,824 
Machinery and other equipment   4,688    4,635 
Office furniture and fixtures   864    946 
Construction in progress   134    154 
Total properties, cost   12,697    12,610 
Less: accumulated depreciation   (7,267)   (7,086)
Property, plant and equipment, net  $5,430   $5,524 

 

9. Goodwill

 

The following represents a summary of changes in the Company’s carrying amount of goodwill for the three months ended March 31, 2021 (in thousands):

 

Balance as of December 31, 2020  $938 
Foreign currency translation adjustment   12 
Balance as of March 31, 2021  $950 

 

19
 

 

10. Debt

 

The Company’s short-term debt consisted of the following as of March 31, 2021 and December 31, 2020 (in thousands):

 

   March 31, 2021   December 31, 2020 
Short-term debt:          
Strong/MDI 20-year installment loan  $2,883   $2,906 
Strong/MDI 5-year equipment loan   378    393 
Insuranace note payable   413    - 
Total short-term debt  $3,674   $3,299 

 

Strong/MDI Installment Loans and Revolving Credit Facility

 

On September 5, 2017, the Company’s Canadian subsidiary, Strong/MDI, entered into a demand credit agreement, as amended and restated May 15, 2018, with a bank consisting of a revolving line of credit for up to CDN$3.5 million subject to a borrowing base requirement, a 20-year installment loan for up to CDN$6.0 million and a 5-year installment loan for up to CDN$0.5 million. Amounts outstanding under the line of credit are payable on demand and bear interest at the prime rate established by the lender. Amounts outstanding under the installment loans bear interest at the lender’s prime rate plus 0.5% and are payable in monthly installments, including interest, over their respective borrowing periods. The lender may also demand repayment of the installment loans at any time. The Strong/MDI credit facilities are secured by a lien on Strong/MDI’s Quebec, Canada facility and substantially all of Strong/MDI’s assets. The credit agreement requires Strong/MDI to maintain a ratio of liabilities to “effective equity” (tangible stockholders’ equity, less amounts receivable from affiliates and equity method investments) not exceeding 2 to 1, a current ratio (excluding amounts due from related parties) of at least 1.5 to 1 and minimum “effective equity” of CDN$8.0 million. As of March 31, 2021, there was CDN$3.6 million, or approximately $2.9 million, of principal outstanding on the 20-year installment loan, which bears variable interest at 2.95%. As of March 31, 2021, there was CDN$0.5 million, or approximately $0.4 million, of principal outstanding on the 5-year installment loan, which also bears variable interest at 2.95%. Strong/MDI was in compliance with its debt covenants as of March 31, 2021.

 

11. Leases

 

The Company and its subsidiaries lease plant and office facilities and equipment under operating and finance leases expiring through 2028. The Company determines if a contract is or contains a lease at inception or modification of a contract. A contract is or contains a lease if the contract conveys the right to control the use of an identified asset for a period in exchange for consideration. Control over the use of the identified asset means the lessee has both (a) the right to obtain substantially all of the economic benefits from the use of the asset and (b) the right to direct the use of the asset.

 

Right-of-use assets and liabilities are recognized based on the present value of future minimum lease payments over the expected lease term at commencement date. Certain of the leases contain extension options; however, the Company has not included such options as part of its right-of-use assets and lease liabilities because it does not expect to extend the leases. The Company measures and records a right-of-use asset and lease liability based on the discount rate implicit in the lease, if known. In cases where the discount rate implicit in the lease is not known, the Company measures the right-of-use assets and lease liabilities using a discount rate equal to the Company’s estimated incremental borrowing rate for loans with similar collateral and duration.

 

The Company elected to not apply the recognition requirements of Accounting Standards Codification Topic 842, “Leases,” to leases of all classes of underlying assets that, at the commencement date, have a lease term of 12 months or less and do not include an option to purchase the underlying asset that the lessee is reasonably certain to exercise. Instead, lease payments for such short-term leases are recognized in operations on a straight-line basis over the lease term and variable lease payments in the period in which the obligation for those payments is incurred.

 

20
 

 

The Company elected, as a lessee, for all classes of underlying assets, to not separate nonlease components from lease components and instead to account for each separate lease component and the nonlease components associated with that lease component as a single lease component.

 

The following tables present the Company’s lease costs and other lease information (dollars in thousands):

 

Lease cost  Three Months Ended 
   March 31, 2021   March 31, 2020 
Finance lease cost:          
Amortization of right-of-use assets  $242   $282 
Interest on lease liabilities   66    95 
Operating lease cost   233    304 
Short-term lease cost   15    14 
Sublease income   (72)   (97)
Net lease cost  $484   $598 

 

Other information        
   March 31, 2021   March 31, 2020 
Cash paid for amounts included in the measurement of lease liabilities:          
Operating cash flows from finance leases  $66   $95 
Operating cash flows from operating leases  $211   $274 
Financing cash flows from finance leases  $242   $212 
Right-of-use assets obtained in exchange for new finance lease liabilities  $-   $- 
Right-of-use assets obtained in exchange for new operating lease liabilities  $-   $- 

 

  

As of

March 31, 2021

 
Weighted-average remaining lease term - finance leases (years)   1.7 
Weighted-average remaining lease term - operating leases (years)   7.0 
Weighted-average discount rate - finance leases   13.0%
Weighted-average discount rate - operating leases   5.0%

 

21
 

 

The following table presents a maturity analysis of the Company’s finance and operating lease liabilities as of March 31, 2021 (in thousands):

 

   Operating Leases   Finance Leases 
Remainder of 2021  $611   $922 
2022   706    1,168 
2023   656    - 
2024   669    - 
2025   683    - 
Thereafter   1,766    - 
Total lease payments   5,091    2,090 
Less: Amount representing interest   (812)   (226)
Present value of lease payments   4,279    1,864 
Less: Current maturities   (607)   (1,047)
Lease obligations, net of current portion  $3,672   $817 

 

On March 2, 2021, the Company received a notice of default and demand (the “Default Notice”) from Huntington Technology Finance, Inc. (“Huntington”). The Default Notice alleged the occurrence of an event of default under the terms of the Master Equipment Lease Agreement dated May 19, 2017 (the “Lease Agreement”) pursuant to which the Company’s subsidiaries lease certain digital taxi top advertising signs. The Company has made all required payments to Huntington during the term of the Lease Agreement and expects to continue to make monthly payments on a timely basis. The Default Notice did not allege that the Company has failed to make any payment or incurred any economic or payment default. Rather, the Default Notice alleged that the Company violated certain technical covenants in the Lease Agreement. Huntington demanded accelerated payment of the outstanding principal balance plus lessor profit and a fair market value buyout of the assets under lease within ten days of the receipt of the Default Notice. The Company disputed Huntington’s assertion that an event of default had occurred under the Lease Agreement and believes that many of the assertions made in the Default Notice are false, and that the claims made in the Default Notice are therefore baseless. Accordingly, on March 3, 2021, the Company provided a written response to Huntington detailing the Company’s position that Huntington’s allegations of an event of default under the Lease Agreement are unfounded, and asserting the Company’s good faith belief that the Company has abided by the terms, conditions, and covenants of the Lease Agreement. In order to resolve the situation and avoid the potential costs of a lengthy legal dispute, on April 2, 2021, the Company entered into an Agreement of Forbearance and Conditional Sale (the “Settlement Agreement”) with Huntington and CCA Financial, LLC. The amounts payable by the Company pursuant to the Settlement Agreement include only payments contractually due under the Lease Agreement and do not include any additional penalties, interest, or liquidation damages. The Company agreed to accelerate payment of the $2.1 million remaining payments contractually due under the Lease Agreement and to exercise its option to purchase the leased assets for $1.0 million. The $2.1 million plus sales tax owed under the Lease Agreement was paid upon execution of the Settlement Agreement and the lease equipment buyout will be paid in twelve monthly installments from June 1, 2021 to May 1, 2022. Upon payment in full, the Lease Agreement and all obligations thereunder will terminate.

 

12. Income Taxes

 

In assessing the realizability of deferred tax assets, the Company considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income. The Company considers the scheduled reversal of taxable temporary differences, projected future taxable income and tax planning strategies in making this assessment. A cumulative loss in a particular tax jurisdiction in recent years is a significant piece of evidence with respect to the realizability that is difficult to overcome. Based on the available objective evidence, including recent updates to the taxing jurisdictions generating income, the Company concluded that a valuation allowance should be recorded against all of the Company’s U.S. tax jurisdiction deferred tax assets as of March 31, 2021 and December 31, 2020.

 

22
 

 

During the quarter ended March 31, 2021, the Company sold its Convergent business segment. As a result, this business segment is categorized as discontinued operations for the periods presented. The Company has sufficient net operating losses to offset Federal taxable income/loss from these discontinued operations as well as the tax effects related to the gain on sale of discontinued operations. State income tax expense related to the operations and sale of this entity has been allocated to discontinued operations.

 

The Tax Cuts and Jobs Act of 2017 provides for a territorial tax system, which began in 2018. It includes the global intangible low-taxed income (“GILTI”) provision. The GILTI provisions require the Company to include in its U.S. income tax return foreign subsidiary earnings in excess of an allowable return on the foreign subsidiary’s tangible assets. As a result of the GILTI provisions, the Company’s inclusion of taxable income was incorporated into the overall net operating loss and valuation allowance for the three months ended March 31, 2021 and comparative March 31, 2020, as well as December 31, 2020.

 

Changes in tax laws may affect recorded deferred tax assets and liabilities and the Company’s effective tax rate in the future. On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) was enacted. The CARES Act made significant changes to Federal tax laws, including certain changes that are retroactive to the 2019 tax year. The effects of these changes relate to deferred tax assets and net operating losses; all of which are offset by valuation allowance. There were no material income tax consequences of this enacted legislation on the reporting period of these condensed consolidated financial statements.

 

The Company is subject to possible examinations not yet initiated for Federal purposes for fiscal years 2017 through 2019. In most cases, the Company is subject to possible examinations by state or local jurisdictions based on the particular jurisdiction’s statute of limitations.

 

13. Stock Compensation

 

The Company recognizes compensation expense for all stock-based payment awards based on estimated grant date fair values. Stock-based compensation expense included in selling and administrative expenses approximated $0.3 million for each of the three months ended March 31, 2021 and 2020.

 

The Company’s 2017 Omnibus Equity Compensation Plan (“2017 Plan”) was approved by the Company’s stockholders and provides the Compensation Committee of the Board of Directors with the discretion to grant stock options, stock appreciation rights, restricted shares, restricted stock units, performance shares, performance units and other stock- based awards and cash-based awards. Vesting terms vary with each grant and may be subject to vesting upon a “change in control” of the Company. On December 17, 2019, the Company’s stockholders approved the amendment and restatement of the 2017 Plan to (i) increase the number of shares of the Company’s common stock authorized for issuance under the 2017 Plan by 1,975,000 shares and (ii) extend the expiration date of the 2017 Plan by approximately two years, until October 27, 2029. As of March 31, 2021, 2,431,856 shares were available for issuance under the amended and restated 2017 Plan.

 

23
 

 

Stock Options

 

The following table summarizes stock option activity for the three months ended March 31, 2021:

 

   Number of Options   Weighted Average Exercise Price Per Share   Weighted Average Remaining Contractual Term (Years)   Aggregate Intrinsic Value (in thousands) 
Outstanding at December 31, 2020   1,009,500   $3.99    7.3   $51 
Granted   -                
Exercised   -                
Forfeited   (142,000)   4.14           
Expired   (178,000)   5.05           
Outstanding at March 31, 2021   689,500   $3.69    7.3   $144 
Exercisable at March 31, 2021   343,000   $4.69    6.2   $7 

 

The aggregate intrinsic value in the table above represents the total that would have been received by the option holders if all in-the-money options had been exercised and sold on the date indicated.

 

As of March 31, 2021, 346,500 stock option awards were non-vested. Unrecognized compensation cost related to non-vested stock options was approximately $0.4 million, which is expected to be recognized over a weighted average period of 2.8 years.

 

Restricted Stock Units

 

The Company estimates the fair value of restricted stock awards based upon the market price of the underlying common stock on the date of grant.

 

The following table summarizes restricted stock unit activity for the three months ended March 31, 2021:

 

   Number of Restricted Stock Units   Weighted Average Grant Date Fair Value 
Non-vested at December 31, 2020   604,687   $2.38 
Granted   78,493    2.01 
Shares vested   (212,699)   3.12 
Shares forfeited   -      
Non-vested at March 31, 2021   470,481   $2.17 

 

As of March 31, 2021, the total unrecognized compensation cost related to non-vested restricted stock unit awards was approximately $1.0 million, which is expected to be recognized over a weighted average period of 1.9 years.

 

14. Commitments, Contingencies and Concentrations

 

Litigation

 

The Company is involved, from time to time, in certain legal disputes in the ordinary course of business operations. No such disputes, individually or in the aggregate, are expected to have a material effect on the Company’s business or financial condition.

 

The Company is named as a defendant in personal injury lawsuits based on alleged exposure to asbestos-containing materials. A majority of the cases involve product liability claims based principally on allegations of past distribution of commercial lighting products containing wiring that may have contained asbestos. Each case names dozens of corporate defendants in addition to the Company. In the Company’s experience, a large percentage of these types of claims have never been substantiated and have been dismissed by the courts. The Company has not suffered any adverse verdict in a trial court proceeding related to asbestos claims and intends to continue to defend these lawsuits. When appropriate, the Company may settle certain claims. The Company does not expect the resolution of these cases to have a material adverse effect on the Company’s financial condition, results of operations or cash flows.

 

24
 

 

Concentrations

 

The Company’s top ten customers accounted for approximately 56% of consolidated net revenues during the three months ended March 31, 2021. Trade accounts receivable from these customers represented approximately 35% of net consolidated receivables at March 31, 2021. None of the Company’s customers accounted for more than 10% of both its consolidated net revenues during the three months ended March 31, 2021 and its net consolidated receivables as of March 31, 2021. While the Company believes its relationships with such customers are stable, most arrangements are made by purchase order and are terminable at will by either party. A significant decrease or interruption in business from the Company’s significant customers could have a material adverse effect on the Company’s business, financial condition and results of operations. The Company could also be adversely affected by such factors as changes in foreign currency rates and weak economic and political conditions in each of the countries in which the Company sells its products.

 

Financial instruments that potentially expose the Company to a concentration of credit risk principally consist of accounts receivable and the SageNet Promissory Note. The Company sells product to a large number of customers in many different geographic regions. To minimize credit risk, the Company performs ongoing credit evaluations of its customers’ financial condition.

 

15. Business Segment Information

 

The Company conducts its operations primarily through its Strong Entertainment business segment which manufactures and distributes premium large format projection screens and provides technical support services and other related products and services to the cinema exhibition industry, theme parks, schools, museums and other entertainment-related markets. Strong Entertainment also distributes and supports third party products, including digital projectors, servers, library management systems, menu boards and sound systems. The Company’s operating segments were determined based on the manner in which management organizes segments for making operating decisions and assessing performance.

 

Summary by Business Segments

 

   Three Months Ended March 31, 
   2021   2020 
   (in thousands) 
Net revenues          
Strong Entertainment  $4,472   $7,313 
Other   300    101 
Total net revenues   4,772    7,414 
           
Gross profit          
Strong Entertainment   889    1,795 
Other   271    72 
Total gross profit   1,160    1,867 
           
Operating loss          
Strong Entertainment   (247)   (374)
Other   (13)   (206)
Total segment operating income   (260)   (580)
Unallocated administrative expenses   (1,497)   (1,921)
Loss from operations   (1,757)   (2,501)
Other income, net   81    420 
Loss from continuing operations before income taxes and equity method investment loss  $(1,676)  $(2,081)

 

25
 

 

(In thousands)  March 31, 2021   December 31, 2020 
Identifiable assets          
Strong Entertainment  $24,084   $21,408 
Corporate assets   41,180    23,971 
Discontinued operations   -    10,120 
Total  $65,264   $55,499 

 

Summary by Geographical Area

 

   Three Months Ended March 31, 
(In thousands)  2021   2020 
Net revenues          
United States  $4,149   $5,851 
Canada   197    408 
China   2    201 
Mexico   16    78 
Latin America   42    276 
Europe   51    194 
Asia (excluding China)   132    258 
Other   183    148 
Total  $4,772   $7,414 

 

(In thousands)  March 31, 2021   December 31, 2020 
Identifiable assets          
United States  $46,830   $34,924 
Canada   18,434    20,575 
Total  $65,264   $55,499 

 

Net revenues by business segment are to unaffiliated customers. Net revenues by geographical area are based on destination of sales. Identifiable assets by geographical area are based on location of facilities.

 

26
 

 

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

 

The following discussion and analysis should be read in conjunction with the condensed consolidated financial statements and notes thereto appearing elsewhere in this report. Management’s discussion and analysis contains not only historical information, but also forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements that are not historical are forward-looking and reflect expectations for future Company performance. For these statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.

 

Forward-looking statements involve a number of risks and uncertainties, including but not limited to those discussed in the “Risk Factors” section contained in Item 1A in our Annual Report on Form 10-K for the fiscal year ended December 31, 2020 and the following risks and uncertainties: the negative impact that the COVID-19 pandemic has already had, and may continue to have, on the Company’s business and financial condition; the Company’s ability to maintain and expand its revenue streams to compensate for the lower demand for the Company’s digital cinema products and installation services; potential interruptions of supplier relationships or higher prices charged by suppliers; the Company’s ability to successfully compete and introduce enhancements and new features that achieve market acceptance and that keep pace with technological developments; the Company’s ability to successfully execute its capital allocation strategy or achieve the returns it expects from these investments; the Company’s ability to maintain its brand and reputation and retain or replace its significant customers; challenges associated with the Company’s long sales cycles; the impact of a challenging global economic environment or a downturn in the markets (such as the current economic disruption and market volatility generated by the ongoing COVID-19 pandemic); economic and political risks of selling products in foreign countries (including tariffs); risks of non-compliance with U.S. and foreign laws and regulations, potential sales tax collections and claims for uncollected amounts; cybersecurity risks and risks of damage and interruptions of information technology systems; the Company’s ability to retain key members of management and successfully integrate new executives; the Company’s ability to complete acquisitions, strategic investments, entry into new lines of business, divestitures, mergers or other transactions on acceptable terms, or at all; the impact of the COVID-19 pandemic on the companies in which the Company holds investments; the Company’s ability to utilize or assert its intellectual property rights, the impact of natural disasters and other catastrophic events (such as the ongoing COVID-19 pandemic); the adequacy of insurance; the impact of having a controlling stockholder and vulnerability to fluctuation in the Company’s stock price. Given the risks and uncertainties, readers should not place undue reliance on any forward-looking statement and should recognize that the statements are predictions of future results which may not occur as anticipated. Many of the risks listed above have been, and may be further be, exacerbated by the COVID-19 pandemic, its impact on the cinema and entertainment industry, and the worsening economic environment. Actual results could differ materially from those anticipated in the forward-looking statements and from historical results, due to the risks and uncertainties described herein, as well as others not now anticipated. New risk factors emerge from time to time and it is not possible for management to predict all such risk factors, nor can it assess the impact of all such factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Except where required by law, the Company assumes no obligation to update forward-looking statements to reflect actual results or changes in factors or assumptions affecting such forward-looking statements.

 

Overview

 

Ballantyne Strong, Inc. (“Ballantyne Strong,” “the Company,” “we,” “our,” and “us”) is a holding company with business operations in the entertainment industry and investments in public and privately held companies. Our Strong Entertainment segment includes one of the largest manufacturers of premium projection screens and customized screen support systems, and we also distribute other products and provide technical support services to the cinema, amusement park and other markets.

 

In connection with the sale of our Strong Outdoor operating business to Firefly Systems, Inc. (“Firefly”) in August 2020, we entered into a Master Services Agreement (the “Master Services Agreement”) with Firefly. Pursuant to the Master Services Agreement, we agreed to provide certain support services to Firefly, including remote equipment monitoring and diagnostics of screens until no later than December 31, 2022 and transition advertising instruction and integration services, content management services, ad-hoc reporting and analysis, wireless service, advertising content management services, and mapping data until no later than six months from closing. In addition, we use our facility in Alpharetta, Georgia for our Digital Ignition technology incubator and co-working facility. These business operations are included within “Other” when comparing our results of operations for 2021 to 2020.

 

27
 

 

We sold the operations of our Strong Outdoor business segment during August 2020 and the operations of our Convergent business segment during February 2021. As a result of these divestitures, we have presented Strong Outdoor’s and Convergent’s operating results as discontinued operations for all periods presented. Note 3 to the condensed consolidated financial statements contains additional information regarding these transactions. Accordingly, all comparisons of results of operations exclude results of the discontinued operations unless otherwise stated.

 

Impact of COVID-19 Pandemic

 

In December 2019, a novel coronavirus disease (“COVID-19”) was initially reported, and in March 2020, the World Health Organization characterized COVID-19 as a pandemic. COVID-19 has had a widespread and detrimental effect on the global economy as a result of the continued increase in the number of cases, particularly in the United States, and actions by public health and governmental authorities, businesses, other organizations and individuals to address the outbreak, including travel bans and restrictions, quarantines, shelter in place, stay at home or total lock-down orders and business limitations and shutdowns. The ultimate impact of the COVID-19 pandemic on our business and results of operations remains unknown and will depend on future developments, which are highly uncertain and cannot be predicted with confidence, including the duration and severity of the COVID-19 pandemic, including repeat or cyclical outbreaks, and any additional preventative and protective actions that governments, or we or our customers, may direct, which may result in an extended period of continued business disruption and reduced operations. For instance, some areas of the United States are experiencing new surges in COVID-19 cases, which has, in some cases, led to the closure of recently re-opened businesses and further postponed opening other businesses, including movie theaters. Any resulting financial impact cannot be reasonably estimated at this time, but we expect it will continue to have a material impact on our business, financial condition and results of operations.

 

The repercussions of the COVID-19 global pandemic resulted in a significant impact to our customers, specifically those in the entertainment and advertising industries, and their ability and willingness to spend on our products and services, which continues to negatively impact us. A significant number of our customers temporarily ceased operations during the pandemic, some of which continue to be suspended; as such, we have experienced, and anticipate that we will continue to experience at least until our customers have resumed normal operations, a significant decline in our results of operations. For instance, during this time, many movie theaters and other entertainment centers were forced to close or curtail their hours and, correspondingly, have terminated or deferred their non-essential capital expenditures. While some movie theaters and chains have begun to re-open, or announced plans to re-open in the near future, theater operators may continue to experience reduced revenues for an extended period due to, among other things, consumer concerns over safety and social distancing, depressed consumer sentiment due to adverse economic conditions, including job losses, capacity restrictions, and postponed release dates, shortened “release windows” between the release of motion pictures in theaters and an alternative delivery method, or the release of motion pictures directly to alternative delivery methods, bypassing the theater entirely, for certain movies, and continued COVID-19 outbreaks could cause these theaters to suspend operations again. The COVID-19 pandemic has also adversely affected film production and may adversely affect the pipeline of feature films available in the short- or long-term. In addition to decreased business spending by our customers and prospective customers and reduced demand for our products, lower renewal rates by our customers, increased customer losses/churn, increased challenges in or cost of acquiring new customers and increased risk in collectability of accounts receivable may have a material adverse effect on our business and results of operations. We have also experienced other negative impacts; among other actions, we were required to temporarily close our screen manufacturing facility in Canada due to the governmental response to COVID-19, which we were able to re-open on May 11, 2020, and have experienced lower revenues from field services and a reduction in non-recurring time and materials-based services. The completion of our outsourced screen finishing facility in China was also delayed by the COVID-19 pandemic, and we are currently evaluating the timing of when we will be able to commence operations at the facility in light of current travel restrictions. We may also experience one or more of the following conditions that could have a material adverse impact on our business operations and financial condition: adverse effects on our strategic partners’ businesses or on the businesses of companies in which we hold investments; impairment charges; extreme currency exchange-rate fluctuations; inability to recover costs from insurance carriers; and business continuity concerns for us, our customers and our third-party vendors.

 

28
 

 

Results of Operations

 

The following table sets forth our operating results for the periods indicated:

 

   Three Months Ended March 31,         
   2021   2020   $ Change   % Change 
   (dollars in thousands)     
Net revenues  $4,772   $7,414   $(2,642)   (35.6)%
Cost of revenues   3,612    5,547    (1,935)   (34.9)%
Gross profit   1,160    1,867    (707)   (37.9)%
Gross profit percentage   24.3%   25.2%          
Selling and administrative expenses   2,917    4,368    (1,451)   (33.2)%
Loss from operations   (1,757)   (2,501)   744    (29.7)%
Other income   81    420    (339)   (80.7)%
Loss before income taxes and equity method investment (loss) income   (1,676)   (2,081)   405    (19.5)%
Income tax expense   (69)   (342)   273    (79.8)%
Equity method investment (loss) income   (769)   1,369    (2,138)   (156.2)%
Net loss from continuing operations  $(2,514)  $(1,054)  $(1,460)   138.5%

 

Three Months Ended March 31, 2021 Compared to the Three Months Ended March 31, 2020

 

Revenues

 

Net revenues during the quarter ended March 31, 2021 decreased 35.6% to $4.8 million from $7.4 million during the quarter ended March 31, 2020. The decrease in consolidated net revenue was primarily due to the impact of COVID-19 on our Strong Entertainment business.

 

   Three Months Ended March 31,         
   2021   2020   $ Change   % Change 
   (dollars in thousands)     
Strong Entertainment  $4,472   $7,313   $(2,841)   (38.8)%
Other   300    101    199    197.0%
Total net revenues  $4,772   $7,414   $(2,642)   (35.6)%

 

Strong Entertainment

 

Revenue from Strong Entertainment decreased 38.8% to $4.5 million in the first quarter of 2021 from $7.3 million in the first quarter of 2020. We started experiencing the negative effects of the COVID-19 pandemic late in the first quarter of 2020. The $2.8 million year-over-year decline in revenue was primarily due to decreased in revenues from screens systems, equipment sales and field maintenance and monitoring services, which were partially offset by an increase in revenue from our Eclipse curvilinear screen projects.

 

While some major markets have eased COVID-19 related restrictions, or lifted them entirely, we continue to expect the pace of recovery of our Strong Entertainment revenue will be dependent upon the overall measures in place to control COVID-19 and when studios begin to market and distribute their backlog of new releases to the market. Studios are currently expected to begin release more major blockbusters starting in July 2021, which we expect to provide a major boost to the industry and to our customers. In addition, we believe many of our customers will benefit from government programs such as the recently announced Shuttered Venue Operators Grant, which has allocated over $16 billion of assistance to the entertainment industry.

 

29
 

 

Gross Profit

 

Consolidated gross profit decreased 37.9% to $1.2 million during the quarter ended March 31, 2021 from $1.9 million during the quarter ended March 31, 2020. As a percentage of revenue, gross profit was 24.3% and 25.2% for the quarters ended March 31, 2021 and March 31, 2020, respectively.

 

   Three Months Ended March 31,         
   2021   2020   $ Change   % Change 
   (dollars in thousands)     
Strong Entertainment  $889   $1,795   $(906)   (50.5)%
Other   271    72    199    276.4%
Total gross profit  $1,160   $1,867   $(707)   (37.9)%

 

Strong Entertainment

 

Gross profit in the Strong Entertainment segment was $0.9 million or 19.9% of revenues in the first quarter of 2021 compared to $1.8 million or 24.5% of revenues in the first quarter of 2020. The decrease in gross profit dollars was primarily attributable to the decline in screen, equipment and field service revenues related to COVID-19. The impact of lower revenues was somewhat mitigated by actions taken to control costs, including the furlough of production employees and technicians, management salary reductions, payroll subsidies received from the Canadian government and other similar actions taken to manage costs.

 

Operating Loss

 

Consolidated operating loss was $1.8 million in the first quarter of 2021 compared to $2.5 million in the first quarter of 2020.

 

   Three Months Ended March 31,         
   2021   2020   $ Change   % Change 
   (dollars in thousands)     
Strong Entertainment  $(247)  $(374)  $127    (34.0)%
Other   (13)   (206)   193    (93.7)%
Total segment operating loss   (260)   (580)   320    (55.2)%
Unallocated administrative expenses   (1,497)   (1,921)   424    (22.1)%
Total operating loss  $(1,757)  $(2,501)  $744    (29.7)%

 

Strong Entertainment generated an operating loss of $0.2 million in the first quarter of 2021 compared to $0.4 million in the first quarter of 2020. The decrease in operating loss was primarily due to lower bad debt expense, actions taken to reduce operating expenses, including furloughs, headcount reductions, temporary salary cuts and wage subsidies, and lower travel and entertainment expenses, which was partially offset by the decline in revenues as discussed above.

 

Unallocated administrative expenses decreased to $1.5 million in the first quarter of 2021 compared to $1.9 million in the first quarter of 2020. The decrease was driven primarily by lower compensation and benefits, as well as reductions in information technology expenses, costs associated with contractors and consultants and audit and tax expenses, all of which were due to our initiatives to reduce overall administrative expenses.

 

Other Financial Items

 

Total other income of $0.1 million during the first quarter of 2021 primarily consisted of a $0.1 million gain on our property and insurance claim for the weather-related incident at our production facility in Quebec, Canada, partially offset by $0.1 million of interest expense. For the first quarter of 2020, total other income of $0.4 million primarily consisted of $0.5 million of foreign currency transaction adjustments, partially offset by 0.1 million of interest expense.

 

30
 

 

Income tax expense was approximately $0.1 million during the first quarter of 2021 compared to $0.3 million during the first quarter of 2020. Our income tax expense consisted primarily of income tax on foreign earnings.

 

We recorded equity method investment loss of $0.8 million during the first quarter of 2021, consisting of $0.4 million each from FGF and GreenFirst. We recorded equity method investment income of $1.4 million in the first quarter of 2020, consisting of equity method investment gains of $1.4 million from FGF and a loss of $48 thousand from GreenFirst. Although we recorded equity investment losses from FGF and GreenFirst during the first quarter of 2021, the market value of these investments, as estimated using their closing stock prices, was $20.6 million as of March 31, 2021 compared to a carrying value of $6.3 million.

 

As a result of the items outlined above, we generated a net loss from continuing operations of $2.5 million, or $0.15 per basic and diluted share, in the first quarter of 2021, compared to a net loss from continuing operations of $1.1 million, or $0.07 per basic and diluted share, in the first quarter of 2020.

 

Liquidity and Capital Resources

 

During the past several years, we have primarily met our working capital and capital resource needs from our operating cash flows and credit facilities. Our primary cash requirements involve operating expenses, working capital, capital expenditures, investments, and other general corporate activities. Our capital expenditures during 2020 included costs incurred in the construction of the Strong Entertainment production facility in Quebec, Canada that sustained damage as a result of inclement weather.

 

We ended the first quarter of 2021 with total cash and cash equivalents and restricted cash of $22.5 million compared to $4.8 million as of December 31, 2020. Of the $22.5 million as of March 31, 2021, $2.0 million was held by our Canadian subsidiary, Strong/MDI, and $0.2 million was restricted. Strong/MDI also makes intercompany loans to the U.S. parent company which do not trigger Canadian withholding taxes if they meet certain requirements. As of March 31, 2021, the parent company had outstanding intercompany loans from Strong/MDI of approximately $34.6 million. In the event those loans are not repaid, or are recharacterized as dividends to the U.S. parent company, we would be required to pay Canadian withholding taxes, which have been fully accrued as of March 31, 2021.

 

In response to the COVID-19 pandemic and related closures of cinemas, theme parks and entertainment venues, we took decisive actions to conserve cash, reduce operating expenditures, delay capital expenditures, and to manage working capital. We also implemented targeted furloughs, headcount reductions and temporary salary cuts for our executive officers and certain other employees, and our board of directors waived its cash compensation for 2020 in order to reduce expenses. We were able to access liquidity during the second quarter of 2020 by drawing down on Strong/MDI’s revolving credit facility, all of which was repaid prior to the end of 2020.

 

In February 2021, we entered into two transactions which further strengthened the Company’s balance sheet, increasing the Company’s cash position and reducing the Company’s debt and lease obligation.

 

On February 1, 2021, we entered into the Purchase Agreement, and closed the transactions contemplated by the Purchase Agreement, with SageNet. The Purchase Price pursuant to the Purchase Agreement was (i) $15.0 million in cash and (ii) $2.5 million in the form of a subordinated promissory note delivered by SageNet in our favor (the “SageNet Promissory Note”). Per the terms of the SageNet Promissory Note, we will receive twelve consecutive equal quarterly payments of principal, plus accrued interest thereon, commencing on March 31, 2022. A portion of the Purchase Price was placed in escrow by SageNet, the release of which is contingent upon certain events and conditions specified in the Purchase Agreement. The Purchase Price is also subject to adjustment based on closing working capital of Convergent. As further consideration, SageNet also assumed approximately $5.7 million of third-party debt of Convergent, bringing the total enterprise value for Convergent’s equity interests to approximately $23.2 million.

 

On February 3, 2021, we entered into an underwriting agreement (the “Underwriting Agreement”) in connection with a public offering (the “Offering”) pursuant to which we agreed to issue and sell approximately 3.3 million shares of our common stock, at a public offering price of $2.30 per share. The Offering closed on February 8, 2021. The net proceeds from the Offering were approximately $6.7 million, after deducting underwriting discounts and commissions and estimated offering expenses payable by us.

 

31
 

 

On March 2, 2021, we received a notice of default and demand (the “Default Notice”) from Huntington Technology Finance, Inc. (“Huntington”). The Default Notice alleged the occurrence of an event of default under the terms of the Master Equipment Lease Agreement dated May 19, 2017 (the “Lease Agreement”) pursuant to which our subsidiaries lease certain digital taxi top advertising signs. We have made all required payments to Huntington during the term of the Lease Agreement and expect to continue to make monthly payments on a timely basis. The Default Notice did not allege that we have failed to make any payment or incurred any economic or payment default. Rather, the Default Notice alleged that we violated certain technical covenants in the Lease Agreement. Huntington demanded accelerated payment of the outstanding principal balance plus lessor profit and a fair market value buyout of the assets under lease within ten days of the receipt of the Default Notice. We disputed Huntington’s assertion that an event of default had occurred under the Lease Agreement and believe that many of the assertions made in the Default Notice are false and that the claims made in the Default Notice are therefore baseless. Accordingly, on March 3, 2021, we provided a written response to Huntington detailing our position that Huntington’s allegations of an event of default under the Lease Agreement are unfounded, and asserting our good faith belief that we have abided by the terms, conditions and covenants of the Lease Agreement. In order to resolve the situation and avoid the potential costs of a lengthy legal dispute, on April 2, 2021, we entered into an Agreement of Forbearance and Conditional Sale (the “Settlement Agreement”) with Huntington and CCA Financial, LLC. The amounts payable by us pursuant to the Settlement Agreement include only payments contractually due under the Lease Agreement and do not include any additional penalties, interest, or liquidation damages. We agreed to accelerate payment of the $2.1 million remaining payments contractually due under the Lease Agreement and to exercise our option to purchase the leased assets for $1.0 million. The $2.1 million plus sales tax owed under the Lease Agreement was paid upon execution of the Settlement Agreement and the lease equipment buyout will be paid in twelve monthly installments from June 1, 2021 to May 1, 2022. Upon payment in full, the Lease Agreement and all obligations thereunder will terminate.

 

We believe that our existing sources of liquidity, including cash and cash equivalents, operating cash flow, credit facilities, equity investments, receivables and other assets will be sufficient to meet our projected capital needs for at least the next twelve months. However, our ability to continue to meet our cash requirements will depend on, among other things, the duration of COVID-19 related restrictions on cinemas, theme parks and other entertainment venues, our ability to achieve anticipated levels of revenues and cash flow from operations, our ability to manage costs and working capital successfully and the continued availability of financing, if needed. We cannot provide any assurance that our assumptions used to estimate our liquidity requirements will remain accurate due to the unprecedented nature of the disruption to our operations and the unpredictability of the COVID-19 global pandemic. As a consequence, our estimates of the duration of the pandemic and the severity of the impact on our future earnings and cash flows could change and have a material impact on our results of operations and financial condition. In the event of a sustained market deterioration, and continued declines in net sales, we may need additional liquidity, which would require us to evaluate available alternatives and take appropriate actions. We may, depending on a variety of factors, including market conditions for capital raises, the trading price of our common stock and opportunities for uses of any proceeds, engage in additional public or private offerings of equity or debt securities to increase our capital resources. However, financial and economic conditions, including those resulting from the COVID-19 pandemic, could limit our access to credit and impair our ability to raise capital, if needed, on acceptable terms or at all, and we cannot provide any assurance that we will be able to obtain any additional sources of financing or liquidity on acceptable terms, or at all. See Note 10 to the condensed consolidated financial statements for a description of our debt as of March 31, 2021.

 

Cash Flows from Operating Activities

 

Net cash used in operating activities from continuing operations was $1.1 million during the three months ended March 31, 2021 primarily due to the operating loss generated by Strong Entertainment as well as cash outflows for selling and administrative expenses. Net cash provided by operating activities from continuing operations was $1.1 million in the first three months of 2020 primarily due to improvements in working capital, partially offset by the operating loss generated by Strong Entertainment and the cash outflows for selling and administrative expenses.

 

32
 

 

Cash Flows from Investing Activities

 

Net cash used in investing activities from continuing operations was $47 thousand during the three months ended March 31, 2021, which consisted entirely of capital expenditures. Net cash used in investing activities from continuing operations was $0.3 million in the first three months of 2020, which also consisted entirely of capital expenditures.

 

Cash Flows from Financing Activities

 

Net cash provided by financing activities from continuing operations was $6.0 million during the three months ended March 31, 2021, which consisted of $6.3 million of net proceeds from the issuance of our common stock, partially offset by $0.3 million of principal payments on finance leases and short-term debt. Net cash used in financing activities from continuing operations was $0.3 million during the three months ended March 31, 2020, which consisted of principal payments on finance leases and short-term debt.

 

Use of Non-GAAP Measures

 

We prepare our consolidated financial statements in accordance with United States generally accepted accounting principles (“GAAP”). In addition to disclosing financial results prepared in accordance with GAAP, we disclose information regarding Adjusted EBITDA, which differs from the term EBITDA as it is commonly used. In addition to adjusting net income (loss) to exclude income taxes, interest, and depreciation and amortization, Adjusted EBITDA also excludes discontinued operations, share-based compensation, impairment charges, equity method income (loss), fair value adjustments, severance, foreign currency transaction gains (losses), transactional gains and expenses, gains on insurance recoveries and other cash and non-cash charges and gains.

 

EBITDA and Adjusted EBITDA are not measures of performance defined in accordance with GAAP. However, Adjusted EBITDA is used internally in planning and evaluating our operating performance. Accordingly, management believes that disclosure of these metrics offers investors, bankers and other stakeholders an additional view of our operations that, when coupled with the GAAP results, provides a more complete understanding of our financial results.

 

EBITDA and Adjusted EBITDA should not be considered as an alternative to net income (loss) or to net cash from operating activities as measures of operating results or liquidity. Our calculation of EBITDA and Adjusted EBITDA may not be comparable to similarly titled measures used by other companies, and the measures exclude financial information that some may consider important in evaluating our performance.

 

EBITDA and Adjusted EBITDA have limitations as analytical tools, and you should not consider them in isolation, or as substitutes for analysis of our results as reported under GAAP. Some of these limitations are (i) they do not reflect our cash expenditures, or future requirements for capital expenditures or contractual commitments, (ii) they do not reflect changes in, or cash requirements for, our working capital needs, (iii) EBITDA and Adjusted EBITDA do not reflect interest expense, or the cash requirements necessary to service interest or principal payments, on our debt, (iv) although depreciation and amortization are non-cash charges, the assets being depreciated and amortized will often have to be replaced in the future, and EBITDA and Adjusted EBITDA do not reflect any cash requirements for such replacements, (v) they do not adjust for all non-cash income or expense items that are reflected in our statements of cash flows, (vi) they do not reflect the impact of earnings or charges resulting from matters we consider not to be indicative of our ongoing operations, and (vii) other companies in our industry may calculate these measures differently than we do, limiting their usefulness as comparative measures.

 

We believe EBITDA and Adjusted EBITDA facilitate operating performance comparisons from period to period by isolating the effects of some items that vary from period to period without any correlation to core operating performance or that vary widely among similar companies. These potential differences may be caused by variations in capital structures (affecting interest expense), tax positions (such as the impact on periods or companies of changes in effective tax rates or net operating losses) and the age and book depreciation of facilities and equipment (affecting relative depreciation expense). We also present EBITDA and Adjusted EBITDA because (i) we believe these measures are frequently used by securities analysts, investors and other interested parties to evaluate companies in our industry, (ii) we believe investors will find these measures useful in assessing our ability to service or incur indebtedness, and (iii) we use EBITDA and Adjusted EBITDA internally as benchmarks to evaluate our operating performance or compare our performance to that of our competitors.

 

33
 

 

The following table sets forth reconciliations of net loss under GAAP to EBITDA and Adjusted EBITDA (in thousands):

 

   Quarters Ended March 31, 
   2021   2020 
   Strong Entertainment   Corporate and Other   Discontinued Operations   Consolidated   Strong Entertainment   Corporate and Other   Discontinued Operations   Consolidated 
Net (loss) income  $        (608)  $(1,906)  $14,325   $11,811   $(195)  $(859)  $607   $(447)
Net income from discontinued operations   -    -    (14,325)   (14,325)   -    -    (607)   (607)
Net loss from continuing operations   (608)   (1,906)   -    (2,514)   (195)   (859)   -    (1,054)
Interest expense, net   24    53    -    77    32    95    -    127 
Income tax expense   63    6    -    69    287    55    -    342 
Depreciation and amortization   236    38    -    274    230    54    -    284 
EBITDA   (285)   (1,809)   -    (2,094)   354    (655)   -    (301)
Stock-based compensation expense   -    314    -    314    -    273    -    273 
Equity method investment loss (income)   353    416    -    769    48    (1,417)   -    (1,369)
Foreign currency transaction income   (16)   -    -    (16)   (528)   -    -    (528)
Gain on property and casualty insurance recoveries   (148)   -    -    (148)   (16)   -    -    (16)
Severance and other   15    87    -    102    -    -    -    - 
Adjusted EBITDA  $(81)  $(992)  $-   $(1,073)  $(142)  $(1,799)  $-   $(1,941)

 

Hedging and Trading Activities

 

Our primary exposure to foreign currency fluctuations pertains to our subsidiary in Canada. In certain instances, we may enter into a foreign exchange contract to manage a portion of this risk. We do not have any trading activities that include non-exchange traded contracts at fair value.

 

Seasonality

 

Generally, our revenue and earnings fluctuate moderately from quarter to quarter. As we increase our sales in our current markets, and as we expand into new markets in different geographies, it is possible we may experience different seasonality patterns in our business. As a result, the results of operations for the three months ended March 31, 2021 are not necessarily indicative of the results that may be expected for an entire fiscal year.

 

Recently Issued Accounting Pronouncements

 

See Note 2, Summary of Significant Accounting Policies, to the condensed consolidated financial statements for a description of recently issued accounting pronouncements.

 

Critical Accounting Policies and Estimates

 

In preparing our consolidated financial statements in conformity with U.S. generally accepted accounting principles, management must make a variety of decisions which impact the reported amounts and the related disclosures. These decisions include the selection of the appropriate accounting principles to be applied and the assumptions on which to base accounting estimates. In making these decisions, management applies its judgment based on its understanding and analysis of the relevant circumstances and our historical experience.

 

Our accounting policies and estimates that are most critical to the presentation of our results of operations and financial condition, and which require the greatest use of judgments and estimates by management, are designated as our critical accounting policies. See further discussion of our critical accounting policies under Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” in our Annual Report on Form 10-K for our year ended December 31, 2020. We periodically re-evaluate and adjust our critical accounting policies as circumstances change. There were no significant changes in our critical accounting policies during the three months ended March 31, 2021.

 

Item 3. Quantitative and Qualitative Disclosures About Market Risk

 

Not applicable as we are a “smaller reporting company.”

 

Item 4. Controls and Procedures

 

The Company carried out an evaluation under the supervision and with the participation of the Company’s management, including the Company’s Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of the Company’s disclosure controls and procedures pursuant to Securities Exchange Act Rule 13a-15. Based upon that evaluation, the Chief Executive Officer and Chief Financial Officer concluded that as of the end of the period covered by this report, the Company’s disclosure controls and procedures were effective at ensuring that information required to be disclosed in the reports that the Company files or submits under the Securities Exchange Act of 1934 (as amended) is (1) accumulated and communicated to management, including the Company’s Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding required disclosures and (2) recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms. There have been no changes in the Company’s internal control over financial reporting during the fiscal quarter covered by this report that have materially affected, or are reasonably likely to materially affect, such internal control over financial reporting. The Company determined that no material changes to its internal control over financial reporting occurred or were required in response to the measures it has taken related to the COVID-19 pandemic, including remote working arrangements for many of its employees. The Company is continually monitoring and assessing the impact of COVID-19 on its internal controls in an effort to ensure that its internal controls respond to any changes in its operating environment.

 

34
 

 

PART II. Other Information

 

Item 1. Legal Proceedings

 

In the ordinary course of business operations, we are involved, from time to time, in certain legal disputes. No such disputes, individually or in the aggregate, are expected to have a material effect on our business or financial condition.

 

We are named as a defendant in personal injury lawsuits based on alleged exposure to asbestos-containing materials. A majority of the cases involve product liability claims based principally on allegations of past distribution of commercial lighting products containing wiring that may have contained asbestos. Each case names dozens of corporate defendants in addition to Ballantyne Strong. In our experience, a large percentage of these types of claims have never been substantiated and have been dismissed by the courts. We have not suffered any adverse verdict in a trial court proceeding related to asbestos claims and intend to continue to defend these lawsuits. When appropriate, we may settle certain claims. We do not expect the resolution of these cases to have a material adverse effect on our financial condition, results of operations or cash flows.

 

Item 1A. Risk Factors

 

Item 1A “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2020 includes a detailed discussion of the Company’s risk factors. There have been no material changes to the risk factors as previously disclosed.

 

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

 

On August 20, 2015, we announced that our Board of Directors adopted a stock repurchase program authorizing the repurchase of up to 700,000 shares of our outstanding Common Stock pursuant to a plan adopted under Rule 10b5-1 of the Securities Exchange Act of 1934 (as amended). The repurchase program has no expiration date. There were no repurchases during the three months ended March 31, 2021. As of March 31, 2021, there were 636,931 shares that may yet be purchased under the stock repurchase program.

 

Item 6. Exhibits

 

        Incorporated by Reference    
Exhibit
Number
  Document Description   Form   Exhibit   Filing
Date
  Filed
Herewith
2.1†   Equity Purchase Agreement, dated as of February 1, 2021 between Ballantyne Strong, Inc. and SageNet LLC   8-K   2.1   February 2, 2021    
                     
10.1   Underwriting Agreement, dated February 3, 2021, between Ballantyne Strong, Inc. and ThinkEquity, a division of Fordham Financial Management, Inc., as representatives of the several underwriters listed therein.   8-K   1.1   February 8, 2021    
                     
31.1   Rule 13a-14(a) Certification of Chief Executive Officer.               X
                     
31.2   Rule 13a-14(a) Certification of Chief Financial Officer.               X
                     
32.1**   18 U.S.C. Section 1350 Certification of Chief Executive Officer.               X
                     
32.2**   18 U.S.C. Section 1350 Certification of Chief Financial Officer.               X
                     
101   The following materials from Ballantyne Strong, Inc.’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2021, formatted in XBRL (Extensible Business Reporting Language): (i) the Condensed Consolidated Balance Sheets, (ii) the Condensed Consolidated Statements of Operations, (iii) the Condensed Consolidated Statements of Comprehensive Income (Loss), (iv) the Condensed Consolidated Statements of Stockholders’ Equity, (v) the Condensed Consolidated Statements of Cash Flows and (vi) the Notes to the Condensed Consolidated Financial Statements.               X

 

 

Exhibits and schedules have been omitted pursuant to Item 601 of Regulation S-K and will be supplementally provided to the Securities and Exchange Commission upon request.
**Furnished herewith.


 

35
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

BALLANTYNE STRONG, INC.      
         
By:

/s/ MARK D. ROBERSON

  By:

/s/ TODD R. MAJOR

Mark D. Roberson

Chief Executive Officer

(Principal Executive Officer)

   

Todd R. Major

Chief Financial Officer

(Principal Financial Officer and

Principal Accounting Officer)

         
Date: May 6, 2021   Date: May 6, 2021

 

36

 

EX-31.1 2 ex31-1.htm

 

Exhibit 31.1

 

CERTIFICATION

 

I, Mark D. Roberson, certify that:

 

1. I have reviewed this quarterly report on Form 10-Q for the quarter ended March 31, 2021 of Ballantyne Strong, Inc.;
   
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
   
3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
   
4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 

  a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
     
  b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
     
  c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
     
  d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

  a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
     
  b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

  By: /s/ MARK D. ROBERSON
    Mark D. Roberson
    Chief Executive Officer
May 6, 2021    

 

 

EX-31.2 3 ex31-2.htm

 

Exhibit 31.2

 

CERTIFICATION

 

I, Todd R. Major, certify that:

 

1. I have reviewed this quarterly report on Form 10-Q for the quarter ended March 31, 2021 of Ballantyne Strong, Inc.;
   
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
   
3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
   
4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 

  a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
     
  b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
     
  c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
     
  d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

  a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
     
  b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

  By: /s/ TODD R. MAJOR
    Todd R. Major
    Chief Financial Officer

 

May 6, 2021

 

 

EX-32.1 4 ex32-1.htm

 

Exhibit 32.1

 

CERTIFICATION OF CHIEF EXECUTIVE OFFICER
Pursuant to 18 U.S.C. Section 1350, as adopted
Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

 

The undersigned, Mark D. Roberson, Chief Executive Officer of Ballantyne Strong, Inc. (the “Company”), has executed this certification in connection with the filing with the Securities and Exchange Commission of the Company’s Quarterly Report on Form 10-Q for the three months ended March 31, 2021 (the “Report”).

 

The undersigned hereby certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, to his knowledge that:

 

  1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
     
  2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

IN WITNESS WHEREOF, the undersigned has executed this certification as of the 6th day of May, 2021.

 

/s/ MARK D. ROBERSON  
Mark D. Roberson  
Chief Executive Officer  

 

A signed original of this written statement required by Section 906 has been provided to Ballantyne Strong, Inc. and will be retained by Ballantyne Strong, Inc. and furnished to the Securities and Exchange Commission or its staff upon request.

 

 
EX-32.2 5 ex32-2.htm

 

Exhibit 32.2

 

CERTIFICATION OF CHIEF FINANCIAL OFFICER

Pursuant to 18 U.S.C. Section 1350, as adopted

Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

 

The undersigned, Todd R. Major, Chief Financial Officer of Ballantyne Strong, Inc. (the “Company”), has executed this certification in connection with the filing with the Securities and Exchange Commission of the Company’s Quarterly Report on Form 10-Q for the three months ended March 31, 2021 (the “Report”).

 

The undersigned hereby certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, to his knowledge that:

 

  1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
     
  2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

IN WITNESS WHEREOF, the undersigned has executed this certification as of the 6th day of May, 2021.

 

/s/ TODD R. MAJOR  
Todd R. Major  
Chief Financial Officer  

 

A signed original of this written statement required by Section 906 has been provided to Ballantyne Strong, Inc. and will be retained by Ballantyne Strong, Inc. and furnished to the Securities and Exchange Commission or its staff upon request.

 

 

EX-101.INS 6 btn-20210331.xml XBRL INSTANCE FILE 0000946454 2021-01-01 2021-03-31 0000946454 2021-05-03 0000946454 2021-03-31 0000946454 2020-12-31 0000946454 us-gaap:ProductMember 2021-01-01 2021-03-31 0000946454 us-gaap:ServiceMember 2021-01-01 2021-03-31 0000946454 us-gaap:ProductMember 2020-01-01 2020-03-31 0000946454 us-gaap:ServiceMember 2020-01-01 2020-03-31 0000946454 2020-01-01 2020-03-31 0000946454 us-gaap:CommonStockMember 2020-01-01 2020-03-31 0000946454 us-gaap:CommonStockMember 2019-12-31 0000946454 us-gaap:CommonStockMember 2020-03-31 0000946454 us-gaap:AdditionalPaidInCapitalMember 2020-01-01 2020-03-31 0000946454 us-gaap:AdditionalPaidInCapitalMember 2019-12-31 0000946454 us-gaap:AdditionalPaidInCapitalMember 2020-03-31 0000946454 us-gaap:RetainedEarningsMember 2020-01-01 2020-03-31 0000946454 us-gaap:RetainedEarningsMember 2019-12-31 0000946454 us-gaap:RetainedEarningsMember 2020-03-31 0000946454 us-gaap:TreasuryStockMember 2020-01-01 2020-03-31 0000946454 us-gaap:TreasuryStockMember 2019-12-31 0000946454 us-gaap:TreasuryStockMember 2020-03-31 0000946454 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-01-01 2020-03-31 0000946454 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-12-31 0000946454 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-03-31 0000946454 2019-12-31 0000946454 2020-03-31 0000946454 us-gaap:CommonStockMember 2021-01-01 2021-03-31 0000946454 us-gaap:CommonStockMember 2020-12-31 0000946454 us-gaap:CommonStockMember 2021-03-31 0000946454 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-03-31 0000946454 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0000946454 us-gaap:AdditionalPaidInCapitalMember 2021-03-31 0000946454 us-gaap:RetainedEarningsMember 2021-01-01 2021-03-31 0000946454 us-gaap:RetainedEarningsMember 2020-12-31 0000946454 us-gaap:RetainedEarningsMember 2021-03-31 0000946454 us-gaap:TreasuryStockMember 2021-01-01 2021-03-31 0000946454 us-gaap:TreasuryStockMember 2020-12-31 0000946454 us-gaap:TreasuryStockMember 2021-03-31 0000946454 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-03-31 0000946454 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0000946454 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-03-31 0000946454 BTN:MajorSourceMember 2021-01-01 2021-03-31 0000946454 BTN:TimingOfTransferMember 2021-01-01 2021-03-31 0000946454 us-gaap:FairValueInputsLevel1Member 2021-03-31 0000946454 us-gaap:FairValueInputsLevel2Member 2021-03-31 0000946454 us-gaap:FairValueInputsLevel3Member 2021-03-31 0000946454 us-gaap:FairValueInputsLevel1Member 2020-12-31 0000946454 us-gaap:FairValueInputsLevel2Member 2020-12-31 0000946454 us-gaap:FairValueInputsLevel3Member 2020-12-31 0000946454 BTN:EquityPurchaseAgreementMember BTN:SageNetLlcMember 2021-02-01 0000946454 BTN:EquityPurchaseAgreementMember BTN:SageNetLlcMember 2021-01-30 2021-02-01 0000946454 BTN:EquityPurchaseAgreementMember BTN:SageNetLlcMember 2021-01-01 2021-03-31 0000946454 BTN:FireflySystemsIncMember BTN:TaxicabAdvertisingCollaborationAgreementMember BTN:SeriesA2PreferredSharesMember 2019-05-20 2019-05-21 0000946454 BTN:MasterLeaseAgreementMember BTN:FireflySystemsIncMember BTN:SeriesA2PreferredSharesMember 2019-05-20 2019-05-21 0000946454 BTN:FireflySystemsIncMember BTN:MasterLeaseAgreementMember 2020-12-31 0000946454 BTN:FireflySystemsIncMember 2020-01-01 2020-12-31 0000946454 BTN:AssetPurchaseAgreementMember BTN:StrongDigitalMediaLLCMember 2020-08-02 2020-08-03 0000946454 BTN:AssetPurchaseAgreementMember BTN:StrongDigitalMediaLLCMember BTN:SeriesA3PreferredSharesMember 2020-08-02 2020-08-03 0000946454 BTN:AssetPurchaseAgreementMember BTN:StrongDigitalMediaLLCMember BTN:SeriesA2PreferredSharesMember 2020-08-02 2020-08-03 0000946454 BTN:StrongDigitalMediaLLCMember BTN:AssetPurchaseAgreementMember 2020-10-01 2020-12-31 0000946454 BTN:FireflySeriesA2SharesMember 2021-01-01 2021-03-31 0000946454 BTN:FireflySystemsIncMember BTN:FireflySeriesA3SharesMember 2021-01-01 2021-03-31 0000946454 BTN:MasterServicesAgreementMember 2021-01-01 2021-03-31 0000946454 BTN:ConvergentMember 2020-12-31 0000946454 BTN:StrongOutdoorMember 2020-12-31 0000946454 BTN:ConvergentMember 2021-01-01 2021-03-31 0000946454 BTN:StrongOutdoorMember 2021-01-01 2021-03-31 0000946454 BTN:ConvergentMember 2020-01-01 2020-03-31 0000946454 BTN:StrongOutdoorMember 2020-01-01 2020-03-31 0000946454 BTN:DuringTwoThousandTwentyOneMember 2021-03-31 0000946454 BTN:DuringTwoThousandTwentyTwoMember 2021-03-31 0000946454 us-gaap:ProductMember BTN:StrongEntertainmentMember BTN:ScreenSystemSalesMember 2021-01-01 2021-03-31 0000946454 us-gaap:ProductMember us-gaap:AllOtherSegmentsMember BTN:ScreenSystemSalesMember 2021-01-01 2021-03-31 0000946454 us-gaap:ProductMember BTN:ScreenSystemSalesMember 2021-01-01 2021-03-31 0000946454 us-gaap:ProductMember BTN:StrongEntertainmentMember BTN:DigitalEquipmentSalesMember 2021-01-01 2021-03-31 0000946454 us-gaap:ProductMember us-gaap:AllOtherSegmentsMember BTN:DigitalEquipmentSalesMember 2021-01-01 2021-03-31 0000946454 us-gaap:ProductMember BTN:DigitalEquipmentSalesMember 2021-01-01 2021-03-31 0000946454 us-gaap:ProductMember BTN:StrongEntertainmentMember BTN:ExtendedWarrantySalesMember 2021-01-01 2021-03-31 0000946454 us-gaap:ProductMember us-gaap:AllOtherSegmentsMember BTN:ExtendedWarrantySalesMember 2021-01-01 2021-03-31 0000946454 us-gaap:ProductMember BTN:ExtendedWarrantySalesMember 2021-01-01 2021-03-31 0000946454 us-gaap:ProductMember BTN:StrongEntertainmentMember BTN:OtherProductSalesMember 2021-01-01 2021-03-31 0000946454 us-gaap:ProductMember us-gaap:AllOtherSegmentsMember BTN:OtherProductSalesMember 2021-01-01 2021-03-31 0000946454 us-gaap:ProductMember BTN:OtherProductSalesMember 2021-01-01 2021-03-31 0000946454 us-gaap:ProductMember BTN:StrongEntertainmentMember 2021-01-01 2021-03-31 0000946454 us-gaap:ProductMember us-gaap:AllOtherSegmentsMember 2021-01-01 2021-03-31 0000946454 us-gaap:ServiceMember BTN:StrongEntertainmentMember BTN:FieldMaintenanceAndMonitoringServicesMember 2021-01-01 2021-03-31 0000946454 us-gaap:ServiceMember us-gaap:AllOtherSegmentsMember BTN:FieldMaintenanceAndMonitoringServicesMember 2021-01-01 2021-03-31 0000946454 us-gaap:ServiceMember BTN:FieldMaintenanceAndMonitoringServicesMember 2021-01-01 2021-03-31 0000946454 us-gaap:ServiceMember BTN:StrongEntertainmentMember BTN:InstallationServicesMember 2021-01-01 2021-03-31 0000946454 us-gaap:ServiceMember us-gaap:AllOtherSegmentsMember BTN:InstallationServicesMember 2021-01-01 2021-03-31 0000946454 us-gaap:ServiceMember BTN:InstallationServicesMember 2021-01-01 2021-03-31 0000946454 us-gaap:ServiceMember BTN:StrongEntertainmentMember BTN:OtherServiceRevenueMember 2021-01-01 2021-03-31 0000946454 us-gaap:ServiceMember us-gaap:AllOtherSegmentsMember BTN:OtherServiceRevenueMember 2021-01-01 2021-03-31 0000946454 us-gaap:ServiceMember BTN:OtherServiceRevenueMember 2021-01-01 2021-03-31 0000946454 us-gaap:ServiceMember BTN:StrongEntertainmentMember 2021-01-01 2021-03-31 0000946454 us-gaap:ServiceMember us-gaap:AllOtherSegmentsMember 2021-01-01 2021-03-31 0000946454 BTN:StrongEntertainmentMember 2021-01-01 2021-03-31 0000946454 us-gaap:AllOtherSegmentsMember 2021-01-01 2021-03-31 0000946454 us-gaap:ProductMember BTN:StrongEntertainmentMember BTN:ScreenSystemSalesMember 2020-01-01 2020-03-31 0000946454 us-gaap:ProductMember us-gaap:AllOtherSegmentsMember BTN:ScreenSystemSalesMember 2020-01-01 2020-03-31 0000946454 us-gaap:ProductMember BTN:ScreenSystemSalesMember 2020-01-01 2020-03-31 0000946454 us-gaap:ProductMember BTN:StrongEntertainmentMember BTN:DigitalEquipmentSalesMember 2020-01-01 2020-03-31 0000946454 us-gaap:ProductMember us-gaap:AllOtherSegmentsMember BTN:DigitalEquipmentSalesMember 2020-01-01 2020-03-31 0000946454 us-gaap:ProductMember BTN:DigitalEquipmentSalesMember 2020-01-01 2020-03-31 0000946454 us-gaap:ProductMember BTN:StrongEntertainmentMember BTN:ExtendedWarrantySalesMember 2020-01-01 2020-03-31 0000946454 us-gaap:ProductMember us-gaap:AllOtherSegmentsMember BTN:ExtendedWarrantySalesMember 2020-01-01 2020-03-31 0000946454 us-gaap:ProductMember BTN:ExtendedWarrantySalesMember 2020-01-01 2020-03-31 0000946454 us-gaap:ProductMember BTN:StrongEntertainmentMember BTN:OtherProductSalesMember 2020-01-01 2020-03-31 0000946454 us-gaap:ProductMember us-gaap:AllOtherSegmentsMember BTN:OtherProductSalesMember 2020-01-01 2020-03-31 0000946454 us-gaap:ProductMember BTN:OtherProductSalesMember 2020-01-01 2020-03-31 0000946454 us-gaap:ProductMember BTN:StrongEntertainmentMember 2020-01-01 2020-03-31 0000946454 us-gaap:ProductMember us-gaap:AllOtherSegmentsMember 2020-01-01 2020-03-31 0000946454 us-gaap:ServiceMember BTN:StrongEntertainmentMember BTN:FieldMaintenanceAndMonitoringServicesMember 2020-01-01 2020-03-31 0000946454 us-gaap:ServiceMember us-gaap:AllOtherSegmentsMember BTN:FieldMaintenanceAndMonitoringServicesMember 2020-01-01 2020-03-31 0000946454 us-gaap:ServiceMember BTN:FieldMaintenanceAndMonitoringServicesMember 2020-01-01 2020-03-31 0000946454 us-gaap:ServiceMember BTN:StrongEntertainmentMember BTN:InstallationServicesMember 2020-01-01 2020-03-31 0000946454 us-gaap:ServiceMember us-gaap:AllOtherSegmentsMember BTN:InstallationServicesMember 2020-01-01 2020-03-31 0000946454 us-gaap:ServiceMember BTN:InstallationServicesMember 2020-01-01 2020-03-31 0000946454 us-gaap:ServiceMember BTN:StrongEntertainmentMember BTN:OtherServiceRevenueMember 2020-01-01 2020-03-31 0000946454 us-gaap:ServiceMember us-gaap:AllOtherSegmentsMember BTN:OtherServiceRevenueMember 2020-01-01 2020-03-31 0000946454 us-gaap:ServiceMember BTN:OtherServiceRevenueMember 2020-01-01 2020-03-31 0000946454 us-gaap:ServiceMember BTN:StrongEntertainmentMember 2020-01-01 2020-03-31 0000946454 us-gaap:ServiceMember us-gaap:AllOtherSegmentsMember 2020-01-01 2020-03-31 0000946454 BTN:StrongEntertainmentMember 2020-01-01 2020-03-31 0000946454 us-gaap:AllOtherSegmentsMember 2020-01-01 2020-03-31 0000946454 BTN:StrongEntertainmentMember us-gaap:TransferredAtPointInTimeMember 2021-01-01 2021-03-31 0000946454 us-gaap:AllOtherSegmentsMember us-gaap:TransferredAtPointInTimeMember 2021-01-01 2021-03-31 0000946454 us-gaap:TransferredAtPointInTimeMember 2021-01-01 2021-03-31 0000946454 BTN:StrongEntertainmentMember us-gaap:TransferredOverTimeMember 2021-01-01 2021-03-31 0000946454 us-gaap:AllOtherSegmentsMember us-gaap:TransferredOverTimeMember 2021-01-01 2021-03-31 0000946454 us-gaap:TransferredOverTimeMember 2021-01-01 2021-03-31 0000946454 BTN:StrongEntertainmentMember us-gaap:TransferredAtPointInTimeMember 2020-01-01 2020-03-31 0000946454 us-gaap:AllOtherSegmentsMember us-gaap:TransferredAtPointInTimeMember 2020-01-01 2020-03-31 0000946454 us-gaap:TransferredAtPointInTimeMember 2020-01-01 2020-03-31 0000946454 BTN:StrongEntertainmentMember us-gaap:TransferredOverTimeMember 2020-01-01 2020-03-31 0000946454 us-gaap:AllOtherSegmentsMember us-gaap:TransferredOverTimeMember 2020-01-01 2020-03-31 0000946454 us-gaap:TransferredOverTimeMember 2020-01-01 2020-03-31 0000946454 BTN:CommonStockEquivalentsMember 2021-01-01 2021-03-31 0000946454 BTN:CommonStockEquivalentsMember 2020-01-01 2020-03-31 0000946454 BTN:FGFinancialGroupIncMember 2020-09-01 2020-09-30 0000946454 BTN:FGFinancialGroupIncMember 2020-09-30 0000946454 BTN:FGFinancialGroupIncMember srt:MinimumMember 2021-03-31 0000946454 BTN:FGFinancialGroupIncMember 2021-01-01 2021-03-31 0000946454 BTN:FGFinancialGroupIncMember 2020-01-01 2020-03-31 0000946454 BTN:FGFinancialGroupIncMember 2021-03-31 0000946454 BTN:GreenFirstForestProductsIncMember 2021-03-31 0000946454 BTN:GreenFirstForestProductsIncMember 2020-01-01 2020-03-31 0000946454 BTN:GreenFirstForestProductsIncMember 2021-01-01 2021-03-31 0000946454 BTN:GreenFirstForestProductsIncMember BTN:GreenFirstPurchaseAgreementMember us-gaap:SubsequentEventMember 2021-04-11 2021-04-12 0000946454 BTN:GreenFirstForestProductsIncMember BTN:GreenFirstPurchaseAgreementMember us-gaap:SubsequentEventMember BTN:CanadianDollarMember 2021-04-11 2021-04-12 0000946454 BTN:GreenFirstForestProductsIncMember us-gaap:SubsequentEventMember 2021-04-09 2021-04-10 0000946454 BTN:EquityMethodInvesteesMember 2021-03-31 0000946454 BTN:StockPurchaseAgreementMember BTN:FireflySystemsIncMember BTN:SeriesA3PreferredSharesMember 2020-08-02 2020-08-03 0000946454 BTN:FireflySystemsIncMember 2021-03-31 0000946454 BTN:FGFinancialGroupIncMember 2020-12-31 0000946454 BTN:GreenFirstForestProductsIncMember 2020-12-31 0000946454 BTN:FireflySystemsIncMember 2020-12-31 0000946454 2020-10-01 2020-12-31 0000946454 2019-10-01 2019-12-31 0000946454 us-gaap:LineOfCreditMember BTN:DemandCreditAgreementMember BTN:CanadianDollarMember 2017-09-05 0000946454 BTN:DemandCreditAgreementMember BTN:TwentyYearInstallmentLoanMember 2017-09-04 2017-09-05 0000946454 BTN:DemandCreditAgreementMember BTN:TwentyYearInstallmentLoanMember BTN:CanadianDollarMember 2017-09-05 0000946454 BTN:DemandCreditAgreementMember BTN:FiveYearInstallmentLoanMember 2017-09-04 2017-09-05 0000946454 BTN:DemandCreditAgreementMember BTN:FiveYearInstallmentLoanMember BTN:CanadianDollarMember 2017-09-05 0000946454 BTN:DemandCreditAgreementMember us-gaap:PrimeRateMember 2017-09-04 2017-09-05 0000946454 BTN:DemandCreditAgreementMember 2017-09-04 2017-09-05 0000946454 BTN:DemandCreditAgreementMember BTN:CanadianDollarMember 2017-09-05 0000946454 BTN:TwentyYearInstallmentLoanMember BTN:CanadianDollarMember 2021-01-01 2021-03-31 0000946454 BTN:TwentyYearInstallmentLoanMember 2021-01-01 2021-03-31 0000946454 BTN:TwentyYearInstallmentLoanMember 2021-03-31 0000946454 BTN:FiveYearInstallmentLoanMember BTN:CanadianDollarMember 2021-01-01 2021-03-31 0000946454 BTN:FiveYearInstallmentLoanMember 2021-01-01 2021-03-31 0000946454 BTN:FiveYearInstallmentLoanMember 2021-03-31 0000946454 BTN:StrongMDITwentyYearInstallmentLoanMember 2021-03-31 0000946454 BTN:StrongMDITwentyYearInstallmentLoanMember 2020-12-31 0000946454 BTN:StrongMDIFiveYearEquipmentLoanMember 2021-03-31 0000946454 BTN:StrongMDIFiveYearEquipmentLoanMember 2020-12-31 0000946454 BTN:DemandCreditAgreementMember BTN:TwentyYearInstallmentLoanMember 2021-01-01 2021-03-31 0000946454 BTN:DemandCreditAgreementMember BTN:FiveYearInstallmentLoanMember 2021-01-01 2021-03-31 0000946454 BTN:DemandCreditAgreementMember BTN:TwentyYearInstallmentLoanMember 2020-01-01 2020-12-31 0000946454 BTN:DemandCreditAgreementMember BTN:FiveYearInstallmentLoanMember 2020-01-01 2020-12-31 0000946454 us-gaap:SubsequentEventMember BTN:SettlementAgreementMember 2021-04-02 0000946454 us-gaap:SubsequentEventMember BTN:SettlementAgreementMember 2021-04-01 2021-04-02 0000946454 us-gaap:SellingGeneralAndAdministrativeExpensesMember 2021-01-01 2021-03-31 0000946454 us-gaap:SellingGeneralAndAdministrativeExpensesMember 2020-01-01 2020-03-31 0000946454 BTN:YearTwoThousandSeventeenPlanMember 2019-12-17 0000946454 BTN:YearTwoThousandSeventeenPlanMember 2019-12-16 2019-12-17 0000946454 BTN:YearTwoThousandSeventeenPlanMember 2021-03-31 0000946454 us-gaap:StockOptionMember 2021-03-31 0000946454 us-gaap:StockOptionMember 2021-01-01 2021-03-31 0000946454 BTN:RestrictedStockSharesAndRestrictedStockUnitsMember 2021-03-31 0000946454 BTN:RestrictedStockSharesAndRestrictedStockUnitsMember 2021-01-01 2021-03-31 0000946454 BTN:RestrictedStockSharesMember 2021-01-01 2021-03-31 0000946454 BTN:RestrictedStockSharesMember 2020-12-31 0000946454 BTN:RestrictedStockSharesMember 2021-03-31 0000946454 us-gaap:CustomerConcentrationRiskMember us-gaap:SalesRevenueNetMember BTN:TopTenCustomersMember 2021-01-01 2021-03-31 0000946454 us-gaap:CustomerConcentrationRiskMember us-gaap:AccountsReceivableMember BTN:TopTenCustomersMember 2021-01-01 2021-03-31 0000946454 us-gaap:CustomerConcentrationRiskMember us-gaap:SalesRevenueNetMember BTN:OneCustomerMember 2021-01-01 2021-03-31 0000946454 BTN:StrongEntertainmentMember 2021-03-31 0000946454 BTN:CorporateAssetsMember 2021-03-31 0000946454 BTN:DiscontinuedOperationsMember 2021-03-31 0000946454 BTN:StrongEntertainmentMember 2020-12-31 0000946454 BTN:CorporateAssetsMember 2020-12-31 0000946454 BTN:DiscontinuedOperationsMember 2020-12-31 0000946454 country:US 2021-01-01 2021-03-31 0000946454 country:CA 2021-01-01 2021-03-31 0000946454 country:CN 2021-01-01 2021-03-31 0000946454 country:MX 2021-01-01 2021-03-31 0000946454 srt:LatinAmericaMember 2021-01-01 2021-03-31 0000946454 srt:EuropeMember 2021-01-01 2021-03-31 0000946454 BTN:AsiaExcludingChinaMember 2021-01-01 2021-03-31 0000946454 BTN:OtherCountriesMember 2021-01-01 2021-03-31 0000946454 country:US 2020-01-01 2020-03-31 0000946454 country:CA 2020-01-01 2020-03-31 0000946454 country:CN 2020-01-01 2020-03-31 0000946454 country:MX 2020-01-01 2020-03-31 0000946454 srt:LatinAmericaMember 2020-01-01 2020-03-31 0000946454 srt:EuropeMember 2020-01-01 2020-03-31 0000946454 BTN:AsiaExcludingChinaMember 2020-01-01 2020-03-31 0000946454 BTN:OtherCountriesMember 2020-01-01 2020-03-31 0000946454 country:US 2021-03-31 0000946454 country:CA 2021-03-31 0000946454 country:US 2020-12-31 0000946454 country:CA 2020-12-31 0000946454 BTN:OptionsToPurchaseSharesOfCommonStockMember 2021-01-01 2021-03-31 0000946454 BTN:OptionsToPurchaseSharesOfCommonStockMember 2020-01-01 2020-03-31 0000946454 us-gaap:LandMember 2021-03-31 0000946454 us-gaap:LandMember 2020-12-31 0000946454 us-gaap:BuildingImprovementsMember 2021-03-31 0000946454 us-gaap:BuildingImprovementsMember 2020-12-31 0000946454 us-gaap:MachineryAndEquipmentMember 2021-03-31 0000946454 us-gaap:MachineryAndEquipmentMember 2020-12-31 0000946454 BTN:OfficeFurnitureAndFixturesMember 2021-03-31 0000946454 BTN:OfficeFurnitureAndFixturesMember 2020-12-31 0000946454 us-gaap:ConstructionInProgressMember 2021-03-31 0000946454 us-gaap:ConstructionInProgressMember 2020-12-31 iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure iso4217:CAD iso4217:CAD xbrli:shares 10-Q false 2021-03-31 Q1 2021 --12-31 BALLANTYNE STRONG, INC. 0000946454 Yes Non-accelerated Filer true false false 18301544 Yes 22317000 4435000 6546000 150000 352000 351000 150000 352000 4565000 5558000 2340000 2264000 3748000 3748000 1769000 1452000 31141000 17809000 4152000 4304000 3000 4000 2292000 19484000 20167000 1200000 282000 353000 950000 938000 6372000 6372000 1530000 28000 65264000 55499000 24084000 41180000 21408000 23971000 10120000 46830000 18434000 34924000 20575000 2333000 2717000 2324000 2182000 3674000 3299000 2883000 2906000 378000 393000 607000 619000 1047000 1015000 2466000 2404000 3901000 3901000 12451000 16137000 3672000 3817000 817000 1091000 2991000 3099000 4066000 4066000 241000 223000 20172000 28433000 211000 176000 50295000 43713000 17465000 5654000 4800000 18586000 18586000 -4293000 -3891000 65264000 55499000 958000 1006000 0.01 0.01 1000000 1000000 0.01 0.01 25000000 25000000 21095000 17596000 18301000 14802000 2794000 2794000 4772000 3528000 1244000 5232000 2182000 7414000 2047000 2047000 1175000 1175000 32000 32000 274000 274000 3528000 863000 863000 71000 71000 10000 300000 310000 944000 300000 4472000 300000 2956000 2956000 1649000 1649000 159000 159000 468000 468000 5232000 1804000 1804000 257000 257000 20000 101000 121000 2081000 101000 7313000 101000 3756000 4000 3760000 716000 296000 1012000 5715000 4000 5719000 1598000 97000 1695000 4149000 197000 2000 16000 42000 51000 132000 183000 5851000 408000 201000 78000 276000 194000 258000 148000 3612000 2443000 1169000 3461000 2086000 5547000 1160000 1867000 889000 271000 1795000 72000 476000 598000 2441000 3770000 2917000 4368000 -1757000 -2501000 13000 0 90000 127000 16000 528000 142000 19000 81000 420000 -1676000 -2081000 69000 342000 -769000 1369000 -416000 1417000 -48000 -353000 -2514000 -1054000 14325000 607000 14325000 680000 -73000 -0.15 -0.07 0.85 0.04 0.7 -0.03 16835000 14625000 16835000 14625000 46000 4000 -76000 -356000 -1205000 -402000 -1285000 11409000 -1732000 6310000 33000 6277000 7400000 3290000 1100000 -32000 747000 -3000 89000 37000 53000 274000 284000 184000 241000 -116000 23000 314000 273000 -975000 -1619000 53000 238000 -68000 -105000 202000 196000 -743000 811000 286000 112000 -188000 -240000 -1080000 1050000 186000 1589000 -894000 2639000 47000 282000 214000000 -47000 -282000 12761000 -89000 12714000 -371000 79000 55000 6310000 7000 242000 214000 5982000 -269000 -155000 -409000 5827000 -678000 33000 5000 4888000 504000 12792000 1091000 17680000 1595000 22467000 4787000 5302000 6897000 22467000 6897000 413000 421000 20600000 100000 22317000 4435000 22317000 4435000 22467000 4787000 22467000 4787000 15000000 2500000 5700000 23200000 14900000 4800000 1200000 700000 600000 3200000 1100000 2000000 5300000 5700000 3065000 3065000 312000 312000 371000 371000 3172000 3172000 753000 753000 212000 212000 2235000 2235000 10120000 10120000 449000 449000 812000 812000 1075000 1075000 108000 108000 859000 859000 598000 598000 2340000 2340000 107000 107000 1530000 1530000 89000 89000 7967000 7967000 1472000 6160000 1472000 4963000 1197000 746000 3776000 746000 2940000 836000 726000 2384000 726000 2023000 361000 1241000 1805000 1241000 1101000 704000 -515000 579000 -515000 922000 -343000 14937000 14937000 270000 270000 39000 184000 39000 184000 14383000 665000 14383000 738000 -73000 -58000 -58000 -58000 -58000 2000000 1300000 700000 142557 86725 514500 1057000 1485000 1584000 289000 141000 566000 539000 1100000 1.00 0.21 0.208 0.296 0.209 0.296 0.50 4800000 15700000 1.50 1600000 4000000 6332000 7067000 3954000 2378000 4370000 2697000 13152000 13100000 -243000 4340000 -3178000 3977000 -3181000 8121000 12000 3500000 6000000 500000 P20Y P5Y P20Y P5Y P20Y P5Y P20Y P5Y 0.005 The credit agreement requires Strong/MDI to maintain a ratio of liabilities to "effective equity" (tangible stockholders' equity, less amounts receivable from affiliates and equity method investments) not exceeding 2 to 1, a current ratio (excluding amounts due from related parties) of at least 1.5 to 1 and minimum "effective equity" of CDN$8.0 million. 2.00 1.50 8000000 3600000 2900000 500000 400000 0.295 0.0295 413000 3674000 3299000 Expiring through 2028. Expiring through 2028. 611000 2100000 1000000 The $2.1 million plus sales tax owed under the Lease Agreement was paid upon execution of the Settlement Agreement and the lease equipment buyout will be paid in twelve monthly installments from June 1, 2021 to May 1, 2022. Upon payment in full, the Lease Agreement and all obligations thereunder will terminate. 242000 282000 66000 95000 233000 304000 15000 14000 72000 97000 484000 598000 66000 95000 211000 274000 P1Y8M12D P7Y 0.130 0.050 706000 656000 669000 683000 1766000 5091000 812000 4279000 922000 1168000 2090000 226000 1864000 300000 300000 1975000 2029-10-27 2431856 346500 400000 P2Y9M18D P1Y10M25D 1000000 689500 1009500 142000 178000 343000 3.69 3.99 4.14 5.05 4.69 P7Y3M19D P7Y3M19D P6Y2M12D 144000 51000 7000 604687 470481 78493 212699 2.38 2.17 2.01 3.12 0.56 0.35 0.10 -260000 -580000 -247000 -13000 -374000 -206000 -1497000 -1921000 81000 420000 45092000 27066000 174000 174000 42589000 42862000 6001000 5554000 -18586000 -18586000 -4469000 -5754000 25709000 24250000 176000 211000 43713000 50295000 5654000 17465000 -18586000 -18586000 -3891000 -4293000 17410000 17445000 17596000 21095000 11811000 -447000 -447000 11811000 -402000 -1285000 -1285000 -402000 -7000 2000 -9000 35000 209000 314000 273000 273000 314000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>1. Nature of Operations</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Ballantyne Strong, Inc. (&#8220;Ballantyne Strong&#8221; or the &#8220;Company&#8221;), a Delaware corporation, is a holding company with business operations in the entertainment industry and investments in public and privately held companies. The Company conducts its operations primarily through its Strong Entertainment operating segment, which manufactures and distributes premium large format projection screens and provides technical support services and other related products and services to the cinema exhibition industry, theme parks, schools, museums and other entertainment-related markets. Strong Entertainment also distributes and supports third party products, including digital projectors, servers, library management systems, menu boards and sound systems. The Company also operates its Digital Ignition technology incubator and co-working facility in Alpharetta, Georgia. In addition, the Company holds minority investment positions in one privately held company and two publicly traded companies.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">In August 2020, the Company completed the sale of its Strong Outdoor business segment, and in February 2021, the Company completed the sale of its Convergent business segment. As a result of these divestitures, the Company has presented Strong Outdoor&#8217;s and Convergent&#8217;s operating results as discontinued operations for all periods presented. See Note 3 for additional details.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>4. Revenue</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company accounts for revenue using the following steps:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 96px">&#160;</td> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 24px"><font style="font: 10pt Times New Roman, Times, Serif">&#9679;</font></td> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Identify the contract, or contracts, with a customer;</font></td></tr> </table> <p style="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 96px">&#160;</td> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 24px"><font style="font: 10pt Times New Roman, Times, Serif">&#9679;</font></td> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Identify the performance obligations in the contract;</font></td></tr> </table> <p style="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 96px">&#160;</td> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 24px"><font style="font: 10pt Times New Roman, Times, Serif">&#9679;</font></td> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Determine the transaction price;</font></td></tr> </table> <p style="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 96px">&#160;</td> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 24px"><font style="font: 10pt Times New Roman, Times, Serif">&#9679;</font></td> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Allocate the transaction price to the identified performance obligations; and</font></td></tr> </table> <p style="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&#160;</p> <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: top"> <td style="width: 96px">&#160;</td> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 24px"><font style="font: 10pt Times New Roman, Times, Serif">&#9679;</font></td> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Recognize revenue when, or as, the Company satisfies the performance obligations.</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company combines contracts with the same customer into a single contract for accounting purposes when the contracts are entered into at or near the same time and the contracts are negotiated as a single commercial package, consideration in one contract depends on the other contract, or the services are considered a single performance obligation. If an arrangement involves multiple performance obligations, the items are analyzed to determine whether they are distinct, whether the items have value on a standalone basis, and whether there is objective and reliable evidence of their standalone selling price. The total contract transaction price is allocated to the identified performance obligations based upon the relative standalone selling prices of the performance obligations. The standalone selling price is based on an observable price for services sold to other comparable customers, when available, or an estimated selling price using a cost-plus margin approach. The Company estimates the amount of total contract consideration it expects to receive for variable arrangements by determining the most likely amount it expects to earn from the arrangement based on the expected quantities of services it expects to provide and the contractual pricing based on those quantities. The Company only includes a portion of variable consideration in the transaction price when it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur or when the uncertainty associated with the variable consideration is subsequently resolved. The Company considers the sensitivity of the estimate, its relationship and experience with the client and variable services being performed, the range of possible revenue amounts and the magnitude of the variable consideration to the overall arrangement.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">As discussed in more detail below, revenue is recognized when a customer obtains control of promised goods or services under the terms of a contract and is measured as the amount of consideration the Company expects to receive in exchange for transferring goods or providing services. The Company does not have any material extended payment terms, as payment is due at or shortly after the time of the sale. Sales, value-added and other taxes collected concurrently with revenue producing activities are excluded from revenue.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company recognizes contract assets or unbilled receivables related to revenue recognized for services completed but not yet invoiced to the clients. Unbilled receivables are recorded as accounts receivable when the Company has an unconditional right to contract consideration. A contract liability is recognized as deferred revenue when the Company invoices clients, or receives cash, in advance of performing the related services under the terms of a contract. Deferred revenue is recognized as revenue when the Company has satisfied the related performance obligation.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company defers costs to acquire contracts, including commissions, incentives and payroll taxes, if they are incremental and recoverable costs of obtaining a customer contract with a term exceeding one year. Deferred contract costs are reported within other assets and amortized to selling expense over the contract term, which generally ranges from one to five years. The Company has elected to recognize the incremental costs of obtaining a contract with a term of less than one year as a selling expense when incurred. The Company did not have any deferred contract costs as of March 31, 2021 or December 31, 2020.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The following tables disaggregate the Company&#8217;s revenue by major source and by operating segment for the three months ended March 31, 2021 and March 31, 2020 (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="10" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Three Months Ended March 31, 2021</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="10" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Three Months Ended March 31, 2020</b></font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Strong Entertainment</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Strong Entertainment</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 30%"><font style="font: 10pt Times New Roman, Times, Serif">Screen system sales</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 10%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;2,047</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 8%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 8%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,047</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 10%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;2,956</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 8%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 8%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,956</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font: 10pt Times New Roman, Times, Serif">Digital equipment sales</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,175</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,175</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,649</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,649</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Extended warranty sales</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">32</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">32</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">159</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">159</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font: 10pt Times New Roman, Times, Serif">Other product sales</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">274</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">274</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">468</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">468</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Total product sales</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,528</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,528</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,232</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,232</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font: 10pt Times New Roman, Times, Serif">Field maintenance and monitoring services</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">863</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">863</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,804</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,804</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Installation services</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">71</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">71</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">257</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">257</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font: 10pt Times New Roman, Times, Serif">Other service revenues</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">10</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">300</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">310</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">20</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">101</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">121</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Total service revenues</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">944</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">300</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,244</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,081</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">101</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,182</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt"><font style="font: 10pt Times New Roman, Times, Serif">Total</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,472</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">300</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,772</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,313</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">101</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,414</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Screen system sales</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company typically recognizes revenue on the sale of its screen systems when control of the screen is transferred to the customer, usually at time of shipment. However, revenue is recognized upon delivery for certain international shipments with longer shipping transit time because control does not transfer to the customer until delivery. For contracts that are long-term in nature, the Company believes that the use of the percentage-of-completion method is appropriate as the Company has the ability to make reasonably dependable estimates of the extent of progress towards completion, contract revenues, and contract costs. Under the percentage-of-completion method, revenue is recorded based on the ratio of actual costs incurred to total estimated costs expected to be incurred related to the contract. The cost of freight and shipping to the customer is recognized in cost of sales at the time of transfer of control to the customer.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>&#160;</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Digital equipment sales</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company recognizes revenue on sales of digital equipment when the control of the equipment is transferred, which occurs at the time of shipment from the Company&#8217;s warehouse or drop-shipment from a third party. The cost of freight and shipping to the customer is recognized in cost of sales at the time of transfer of control to the customer.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Field maintenance and monitoring services</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>&#160;</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company sells service contracts that provide maintenance and monitoring services to its Strong Entertainment customers. These contracts are generally 12 months in length. Revenue related to service contracts is recognized ratably over the term of the agreement.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">In addition to selling service contracts, the Company also performs discrete time and materials-based maintenance and repair work for customers in the Strong Entertainment segment. Revenue related to time and materials-based maintenance and repair work is recognized at the point in time when the performance obligation has been fully satisfied.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Installation services</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>&#160;</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company performs installation services for its Strong Entertainment customers and recognizes revenue upon completion of the installations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Extended warranty sales</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company sells extended warranties to its Strong Entertainment customers. When the Company is the primary obligor, revenue is recognized on a gross basis ratably over the term of the extended warranty. In third party extended warranty sales, the Company is not the primary obligor, and revenue is recognized on a net basis at the time of the sale.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Timing of Revenue Recognition</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The following tables disaggregate the Company&#8217;s revenue by the timing of transfer of goods or services to the customer for the three months ended March 31, 2021 and 2020 (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="10" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Three Months Ended March 31, 2021</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="10" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Three Months Ended March 31, 2020</b></font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Strong Entertainment</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Strong Entertainment</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 26%"><font style="font: 10pt Times New Roman, Times, Serif">Point in time</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 12%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;3,756</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 8%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 8%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,760</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 12%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;5,715</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 8%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 8%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,719</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font: 10pt Times New Roman, Times, Serif">Over time</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">716</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">296</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,012</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,598</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">97</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,695</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt"><font style="font: 10pt Times New Roman, Times, Serif">Total</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,472</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">300</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,772</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,313</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">101</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,414</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">At March 31 2021, the unearned revenue amount associated with long-term projects that the Company uses the percentage-of-completion method to recognize revenue, maintenance and monitoring services and extended warranty sales in which the Company is the primary obligor was $2.0 million. The Company expects to recognize $1.3 million of unearned revenue amounts during the remainder of 2021 and $0.7 million during 2022.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>5. Loss Per Common Share</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Basic loss per share has been computed on the basis of the weighted average number of shares of common stock outstanding. Diluted loss per share would be computed on the basis of the weighted average number of shares of common stock outstanding after giving effect to potential common shares from dilutive stock options and certain non-vested shares of restricted stock and restricted stock units. However, because the Company reported losses from continuing operations in all periods presented, there were no differences between average shares used to compute basic and diluted loss per share for the three months ended March 31, 2021 and 2020. The following table summarizes the weighted average shares used to compute basic and diluted loss per share (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Three Months Ended March 31,</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2021</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2020</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Weighted average shares outstanding:</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 72%"><font style="font: 10pt Times New Roman, Times, Serif">Basic weighted average shares outstanding</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">16,835</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">14,625</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Dilutive effect of stock options and certain non-vested restricted stock units</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font: 10pt Times New Roman, Times, Serif">Diluted weighted average shares outstanding</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double">&#160;</td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">16,835</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double">&#160;</td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">14,625</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Options to purchase 514,500 and 1,057,000 shares of common stock were outstanding as of March 31, 2021 and March 31, 2020, respectively, but were not included in the computation of diluted loss per share as the options&#8217; exercise prices were greater than the average market price of the common shares for each period. An additional 142,557 and 86,725 common stock equivalents related to options and restricted stock awards were excluded for the three months ended March 31, 2021 and March 31, 2020, respectively, as their inclusion would be anti-dilutive, thereby decreasing the net losses per share.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>6. Inventories</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Inventories consisted of the following (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>March 31, 2021</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>December 31, 2020</b></font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 63%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Raw materials and components</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 15%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,485</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 16%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,584</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Work in process</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">289</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">141</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Finished goods</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">566</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">539</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,340</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,264</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The inventory balances were net of reserves of approximately $0.4 million as of both March 31, 2021 and December 31, 2020.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>9. Goodwill</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The following represents a summary of changes in the Company&#8217;s carrying amount of goodwill for the three months ended March 31, 2021 (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 79%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Balance as of December 31, 2020</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 18%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">938</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Foreign currency translation adjustment</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">12</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Balance as of March 31, 2021</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">950</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>10. Debt</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company&#8217;s short-term debt consisted of the following as of March 31, 2021 and December 31, 2020 (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>March 31, 2021</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>December 31, 2020</b></font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Short-term debt:</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 61%; padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Strong/MDI 20-year installment loan</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 16%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,883</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 17%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,906</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Strong/MDI 5-year equipment loan</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">378</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">393</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Insuranace note payable</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">413</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 20pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Total short-term debt</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,674</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,299</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Strong/MDI Installment Loans and Revolving Credit Facility</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On September 5, 2017, the Company&#8217;s Canadian subsidiary, Strong/MDI, entered into a demand credit agreement, as amended and restated May 15, 2018, with a bank consisting of a revolving line of credit for up to CDN$3.5 million subject to a borrowing base requirement, a 20-year installment loan for up to CDN$6.0 million and a 5-year installment loan for up to CDN$0.5 million. Amounts outstanding under the line of credit are payable on demand and bear interest at the prime rate established by the lender. Amounts outstanding under the installment loans bear interest at the lender&#8217;s prime rate plus 0.5% and are payable in monthly installments, including interest, over their respective borrowing periods. The lender may also demand repayment of the installment loans at any time. The Strong/MDI credit facilities are secured by a lien on Strong/MDI&#8217;s Quebec, Canada facility and substantially all of Strong/MDI&#8217;s assets. The credit agreement requires Strong/MDI to maintain a ratio of liabilities to &#8220;effective equity&#8221; (tangible stockholders&#8217; equity, less amounts receivable from affiliates and equity method investments) not exceeding 2 to 1, a current ratio (excluding amounts due from related parties) of at least 1.5 to 1 and minimum &#8220;effective equity&#8221; of CDN$8.0 million. As of March 31, 2021, there was CDN$3.6 million, or approximately $2.9 million, of principal outstanding on the 20-year installment loan, which bears variable interest at 2.95%. As of March 31, 2021, there was CDN$0.5 million, or approximately $0.4 million, of principal outstanding on the 5-year installment loan, which also bears variable interest at 2.95%. Strong/MDI was in compliance with its debt covenants as of March 31, 2021.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>12. Income Taxes</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">In assessing the realizability of deferred tax assets, the Company considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income. The Company considers the scheduled reversal of taxable temporary differences, projected future taxable income and tax planning strategies in making this assessment. A cumulative loss in a particular tax jurisdiction in recent years is a significant piece of evidence with respect to the realizability that is difficult to overcome. Based on the available objective evidence, including recent updates to the taxing jurisdictions generating income, the Company concluded that a valuation allowance should be recorded against all of the Company&#8217;s U.S. tax jurisdiction deferred tax assets as of March 31, 2021 and December 31, 2020.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">During the quarter ended March 31, 2021, the Company sold its Convergent business segment. As a result, this business segment is categorized as discontinued operations for the periods presented. The Company has sufficient net operating losses to offset Federal taxable income/loss from these discontinued operations as well as the tax effects related to the gain on sale of discontinued operations. State income tax expense related to the operations and sale of this entity has been allocated to discontinued operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Tax Cuts and Jobs Act of 2017 provides for a territorial tax system, which began in 2018. It includes the global intangible low-taxed income (&#8220;GILTI&#8221;) provision. The GILTI provisions require the Company to include in its U.S. income tax return foreign subsidiary earnings in excess of an allowable return on the foreign subsidiary&#8217;s tangible assets. As a result of the GILTI provisions, the Company&#8217;s inclusion of taxable income was incorporated into the overall net operating loss and valuation allowance for the three months ended March 31, 2021 and comparative March 31, 2020, as well as December 31, 2020.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Changes in tax laws may affect recorded deferred tax assets and liabilities and the Company&#8217;s effective tax rate in the future. On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (the &#8220;CARES Act&#8221;) was enacted. The CARES Act made significant changes to Federal tax laws, including certain changes that are retroactive to the 2019 tax year. The effects of these changes relate to deferred tax assets and net operating losses; all of which are offset by valuation allowance. There were no material income tax consequences of this enacted legislation on the reporting period of these condensed consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company is subject to possible examinations not yet initiated for Federal purposes for fiscal years 2017 through 2019. In most cases, the Company is subject to possible examinations by state or local jurisdictions based on the particular jurisdiction&#8217;s statute of limitations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>13. Stock Compensation</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company recognizes compensation expense for all stock-based payment awards based on estimated grant date fair values. Stock-based compensation expense included in selling and administrative expenses approximated $0.3 million for each of the three months ended March 31, 2021 and 2020.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company&#8217;s 2017 Omnibus Equity Compensation Plan (&#8220;2017 Plan&#8221;) was approved by the Company&#8217;s stockholders and provides the Compensation Committee of the Board of Directors with the discretion to grant stock options, stock appreciation rights, restricted shares, restricted stock units, performance shares, performance units and other stock- based awards and cash-based awards. Vesting terms vary with each grant and may be subject to vesting upon a &#8220;change in control&#8221; of the Company. On December 17, 2019, the Company&#8217;s stockholders approved the amendment and restatement of the 2017 Plan to (i) increase the number of shares of the Company&#8217;s common stock authorized for issuance under the 2017 Plan by 1,975,000 shares and (ii) extend the expiration date of the 2017 Plan by approximately two years, until October 27, 2029. As of March 31, 2021, 2,431,856 shares were available for issuance under the amended and restated 2017 Plan.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Stock Options</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The following table summarizes stock option activity for the three months ended March 31, 2021:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Number of Options</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Weighted Average Exercise Price Per Share</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Weighted Average Remaining Contractual Term (Years)</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Aggregate Intrinsic Value (in thousands)</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 40%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Outstanding at December 31, 2020</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 12%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,009,500</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 12%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3.99</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 12%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7.3</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 12%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">51</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Granted</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Exercised</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Forfeited</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(142,000</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.14</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Expired</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(178,000</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5.05</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Outstanding at March 31, 2021</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double">&#160;</td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">689,500</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3.69</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double">&#160;</td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7.3</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">144</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Exercisable at March 31, 2021</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double">&#160;</td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">343,000</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.69</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double">&#160;</td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6.2</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The aggregate intrinsic value in the table above represents the total that would have been received by the option holders if all in-the-money options had been exercised and sold on the date indicated.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">As of March 31, 2021, 346,500 stock option awards were non-vested. Unrecognized compensation cost related to non-vested stock options was approximately $0.4 million, which is expected to be recognized over a weighted average period of 2.8 years.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Restricted Stock Units</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company estimates the fair value of restricted stock awards based upon the market price of the underlying common stock on the date of grant.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The following table summarizes restricted stock unit activity for the three months ended March 31, 2021:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Number of Restricted Stock Units</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Weighted Average Grant Date Fair Value</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 57%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Non-vested at December 31, 2020</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 18%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">604,687</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 19%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2.38</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Granted</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">78,493</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2.01</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Shares vested</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(212,699</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3.12</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Shares forfeited</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Non-vested at March 31, 2021</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double">&#160;</td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">470,481</font></td> <td>&#160;</td> <td>&#160;</td> <td><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2.17</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">As of March 31, 2021, the total unrecognized compensation cost related to non-vested restricted stock unit awards was approximately $1.0 million, which is expected to be recognized over a weighted average period of 1.9 years.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>15. Business Segment Information</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company conducts its operations primarily through its Strong Entertainment business segment which manufactures and distributes premium large format projection screens and provides technical support services and other related products and services to the cinema exhibition industry, theme parks, schools, museums and other entertainment-related markets. Strong Entertainment also distributes and supports third party products, including digital projectors, servers, library management systems, menu boards and sound systems. The Company&#8217;s operating segments were determined based on the manner in which management organizes segments for making operating decisions and assessing performance.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Summary by Business Segments</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Three Months Ended March 31,</b></font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2021</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2020</b></font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="6" style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">(in thousands)</font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Net revenues</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 72%; padding-left: 10pt"><font style="font: 10pt Times New Roman, Times, Serif">Strong Entertainment</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,472</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,313</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt"><font style="font: 10pt Times New Roman, Times, Serif">Other</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">300</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">101</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 20pt"><font style="font: 10pt Times New Roman, Times, Serif">Total net revenues</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,772</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,414</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font: 10pt Times New Roman, Times, Serif">Gross profit</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt"><font style="font: 10pt Times New Roman, Times, Serif">Strong Entertainment</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">889</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,795</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt"><font style="font: 10pt Times New Roman, Times, Serif">Other</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">271</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">72</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 20pt"><font style="font: 10pt Times New Roman, Times, Serif">Total gross profit</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,160</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,867</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Operating loss</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt"><font style="font: 10pt Times New Roman, Times, Serif">Strong Entertainment</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(247</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(374</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt"><font style="font: 10pt Times New Roman, Times, Serif">Other</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(13</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(206</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 20pt"><font style="font: 10pt Times New Roman, Times, Serif">Total segment operating income</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(260</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(580</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Unallocated administrative expenses</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,497</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,921</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font: 10pt Times New Roman, Times, Serif">Loss from operations</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,757</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(2,501</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Other income, net</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">81</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">420</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font: 10pt Times New Roman, Times, Serif">Loss from continuing operations before income taxes and equity method investment loss</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,676</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(2,081</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(In thousands)</b></font></td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>March 31, 2021</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>December 31, 2020</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Identifiable assets</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 58%; padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Strong Entertainment</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 17%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">24,084</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 19%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">21,408</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Corporate assets</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">41,180</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">23,971</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Discontinued operations</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">10,120</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 20pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Total</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">65,264</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">55,499</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Summary by Geographical Area</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.25in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Three Months Ended March 31,</b></font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>(In thousands)</b></font></td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2021</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2020</b></font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Net revenues</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 72%; padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">United States</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,149</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,851</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Canada</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">197</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">408</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">China</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">201</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Mexico</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">78</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Latin America</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">42</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">276</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Europe</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">51</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">194</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Asia (excluding China)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">132</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">258</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Other</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">183</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">148</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 20pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Total</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,772</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,414</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.25in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(In thousands)</b></font></td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>March 31, 2021</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>December 31, 2020</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Identifiable assets</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 58%; padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">United States</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 17%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">46,830</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 19%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">34,924</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Canada</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">18,434</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">20,575</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 20pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Total</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">65,264</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">55,499</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.25in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Net revenues by business segment are to unaffiliated customers. Net revenues by geographical area are based on destination of sales. Identifiable assets by geographical area are based on location of facilities.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Basis of Presentation and Principles of Consolidation</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The condensed consolidated financial statements include the accounts of the Company and all majority-owned and controlled domestic and foreign subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The condensed consolidated financial statements included in this report are presented in accordance with the requirements of Form 10-Q and consequently do not include all of the disclosures normally required by accounting principles generally accepted in the United States of America (also referred to as &#8220;GAAP&#8221;) for annual reporting purposes or those made in the Company&#8217;s Annual Report on Form 10-K. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company&#8217;s Annual Report on Form 10-K for the fiscal year ended December 31, 2020.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The condensed consolidated balance sheet as of December 31, 2020 was derived from the Company&#8217;s audited consolidated balance sheet as of that date. All other condensed consolidated financial statements contained herein are unaudited and, in the opinion of management, reflect all adjustments of a normal recurring nature necessary to present a fair statement of the financial position and the results of operations and cash flows for the respective interim periods. Certain prior period balances have been reclassified to conform to current period presentation. The results for interim periods are not necessarily indicative of trends or results expected for a full year.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Unless otherwise indicated, all references to &#8220;dollars&#8221; and &#8220;$&#8221; in this Quarterly Report on Form 10-Q are to, and amounts are presented in, U.S. dollars.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Use of Management Estimates</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results and changes in facts and circumstances may alter such estimates and affect results of operations and financial position in future periods.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Significant uncertainty remains surrounding the COVID-19 global pandemic and the extent and duration of the impacts that it may have on the Company, as well as its customers, suppliers, and employees. While cinema and theme park operators in the United States and other parts of the world are in process of returning to &#8220;normal&#8221;, there continue to be spikes in COVID-19 cases and new variants in various parts of the world that could impact the pace of recovery in our markets. Accordingly, there continues to be a heightened potential for future reserves against trade receivables, inventory write downs and impairments of long-lived assets, goodwill, intangible assets and investments. In the current environment, assumptions about future financial and operational performance, supply chain pricing and availability and customer creditworthiness have greater variability than normal, which could in the future significantly affect the valuation of the Company&#8217;s assets, both financial and non-financial. As an understanding of the longer-term impacts of COVID-19 on the Company&#8217;s customers and business develops, there is heightened potential for changes in these views over the remainder of 2021, and potentially beyond.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Restricted Cash</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>&#160;</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Restricted cash represents amounts held in a collateral account for the Company&#8217;s corporate travel and purchasing credit card program.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Accounts Receivable</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Trade accounts receivable are recorded at the invoiced amount and do not bear interest. The Company determines the allowance for doubtful accounts based on several factors, including overall customer credit quality, historical write-off experience and a specific analysis that projects the ultimate collectability of the account. As such, these factors may change over time causing the allowance level and bad debt expense to be adjusted accordingly.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Recently Adopted Accounting Pronouncements</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">In December 2019, the Financial Account Standards Board (&#8220;FASB&#8221;) issued Accounting Standards Update (&#8220;ASU&#8221;) 2019-12, &#8220;Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes.&#8221; This ASU removes certain exceptions for investments, intraperiod allocations and interim tax calculations and adds guidance to reduce complexity in accounting for income taxes. The effective date of the standard is annual periods beginning after December 15, 2020, with early adoption permitted. The various amendments in the standard are applied on a retrospective basis, modified retrospective basis and prospective basis, depending on the amendment. The Company early adopted this ASU effective January 1, 2020. The adoption did not have a material impact on the Company&#8217;s consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">In January 2020, the FASB issued ASU 2020-01, &#8220;Clarifying the Interactions Between Topic 321, Topic 323, and Topic 815.&#8221; This ASU clarifies the interaction between accounting standards related to equity securities, equity method investments and certain derivatives. The effective date of the standard is annual periods beginning after December 15, 2020, and interim periods within those fiscal years. The adoption did not have a material impact on the Company&#8217;s consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Recently Issued Accounting Pronouncements</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">In April 2020, the FASB issued a question-and-answer document to address stakeholder questions on the application of the lease accounting guidance for lease concessions related to the effects of the COVID-19 pandemic. The guidance allows concessions related to the timing of payments, where the total consideration has not changed, to not be accounted for as lease modifications. Instead, any such concessions can be accounted for as if no change was made to the contract or as variable lease payments. As a result of the COVID-19 pandemic, the Company received certain lease concessions in the form of rent deferrals during 2020. The Company chose to implement the policy election provided by the FASB to record rent concessions as if no modifications to leases contracts were made, and thus no changes to the lease obligations were recorded in respect to these concessions. As of March 31, 2021, the Company had outstanding deferred rent of $0.1 million, which will be paid over the remaining term of the leases.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The following tables disaggregate the Company&#8217;s revenue by major source and by operating segment for the three months ended March 31, 2021 and March 31, 2020 (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="10" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Three Months Ended March 31, 2021</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="10" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Three Months Ended March 31, 2020</b></font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Strong Entertainment</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Strong Entertainment</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 30%"><font style="font: 10pt Times New Roman, Times, Serif">Screen system sales</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 10%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;2,047</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 8%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 8%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,047</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 10%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;2,956</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 8%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 8%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,956</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font: 10pt Times New Roman, Times, Serif">Digital equipment sales</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,175</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,175</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,649</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,649</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Extended warranty sales</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">32</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">32</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">159</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">159</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font: 10pt Times New Roman, Times, Serif">Other product sales</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">274</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">274</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">468</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">468</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Total product sales</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,528</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,528</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,232</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,232</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font: 10pt Times New Roman, Times, Serif">Field maintenance and monitoring services</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">863</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">863</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,804</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,804</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Installation services</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">71</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">71</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">257</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">257</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font: 10pt Times New Roman, Times, Serif">Other service revenues</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">10</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">300</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">310</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">20</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">101</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">121</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Total service revenues</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">944</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">300</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,244</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,081</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">101</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,182</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt"><font style="font: 10pt Times New Roman, Times, Serif">Total</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,472</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">300</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,772</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,313</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">101</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,414</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The following tables disaggregate the Company&#8217;s revenue by the timing of transfer of goods or services to the customer for the three months ended March 31, 2021 and 2020 (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="10" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Three Months Ended March 31, 2021</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="10" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Three Months Ended March 31, 2020</b></font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Strong Entertainment</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Strong Entertainment</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 26%"><font style="font: 10pt Times New Roman, Times, Serif">Point in time</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 12%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;3,756</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 8%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 8%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,760</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 12%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;5,715</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 8%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 8%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,719</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font: 10pt Times New Roman, Times, Serif">Over time</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">716</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">296</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,012</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,598</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">97</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,695</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt"><font style="font: 10pt Times New Roman, Times, Serif">Total</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,472</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">300</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,772</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,313</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">101</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,414</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The following table summarizes the weighted average shares used to compute basic and diluted loss per share (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Three Months Ended March 31,</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2021</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2020</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Weighted average shares outstanding:</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 72%"><font style="font: 10pt Times New Roman, Times, Serif">Basic weighted average shares outstanding</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">16,835</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">14,625</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Dilutive effect of stock options and certain non-vested restricted stock units</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font: 10pt Times New Roman, Times, Serif">Diluted weighted average shares outstanding</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double">&#160;</td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">16,835</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double">&#160;</td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">14,625</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Inventories consisted of the following (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>March 31, 2021</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>December 31, 2020</b></font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 63%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Raw materials and components</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 15%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,485</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 16%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,584</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Work in process</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">289</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">141</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Finished goods</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">566</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">539</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,340</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,264</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The following summarizes our investments (dollars in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>March 31, 2021</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>December 31, 2020</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Carrying Amount</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Economic Interest</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Carrying Amount</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Economic Interest</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="border-bottom: black 1.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Equity Method Investments</b></font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 32%"><font style="font: 10pt Times New Roman, Times, Serif">FG Financial Group, Inc.</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 14%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,954</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 14%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">20.8</font></td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">%</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 14%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,370</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 14%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">20.9</font></td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">%</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">GreenFirst Forest Products Inc.</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,378</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">29.6</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">%</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,697</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">29.6</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">%</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt"><font style="font: 10pt Times New Roman, Times, Serif">Total Equity Method Investments</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6,332</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,067</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="border-bottom: black 1.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cost Method Investment</b></font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Firefly Systems, Inc.</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">13,152</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">13,100</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt"><font style="font: 10pt Times New Roman, Times, Serif">Total Investments</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">19,484</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">20,167</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The following summarizes the (loss) income of equity method investees reflected in the condensed consolidated statements of operations (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Three Months Ended March 31,</b></font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2021</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2020</b></font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1.5pt solid; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Entity</b></font></td> <td>&#160;</td> <td colspan="2">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td colspan="2">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 62%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">FG Financial Group, Inc.</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 16%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(416</font></td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 16%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,417</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">GreenFirst Forest Products Inc.</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(353</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(48</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Total</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(769</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,369</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The summarized financial information presented below reflects the financial information of the Company&#8217;s equity method investees for the three months ended December 31, 2020 and 2019, consistent with the Company&#8217;s recognition of the results of its equity method investments on a one-quarter lag (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif">For the three months ended December 31,</font></td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2020</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2019</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td colspan="2">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 66%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Revenue (1)</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 14%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(243</font></td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 14%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,340</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Operating (loss) income</font></td> <td>&#160;</td> <td><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(3,178</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,977</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Net (loss) income</font></td> <td>&#160;</td> <td><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(3,181</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">8,121</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 100%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(1) FGF records realized and unrealized gains and losses on investments in net investment income (loss), which is included in the revenue line above.</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The following represents a summary of changes in the Company&#8217;s carrying amount of goodwill for the three months ended March 31, 2021 (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 79%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Balance as of December 31, 2020</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 18%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">938</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Foreign currency translation adjustment</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">12</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Balance as of March 31, 2021</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">950</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company&#8217;s short-term debt consisted of the following as of March 31, 2021 and December 31, 2020 (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>March 31, 2021</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>December 31, 2020</b></font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Short-term debt:</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 61%; padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Strong/MDI 20-year installment loan</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 16%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,883</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 17%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,906</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Strong/MDI 5-year equipment loan</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">378</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">393</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Insuranace note payable</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">413</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 20pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Total short-term debt</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,674</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,299</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The following tables present the Company&#8217;s lease costs and other lease information (dollars in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Lease cost</u></b></font></td> <td>&#160;</td> <td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Three Months Ended</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>March 31, 2021</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>March 31, 2020</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Finance lease cost:</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 66%; padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Amortization of right-of-use assets</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 14%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">242</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 14%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">282</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Interest on lease liabilities</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">66</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">95</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Operating lease cost</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">233</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">304</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Short-term lease cost</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">15</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">14</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Sublease income</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(72</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(97</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Net lease cost</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">484</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">598</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Other information</u></b></font></td> <td>&#160;</td> <td colspan="2">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td colspan="2">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>March 31, 2021</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>March 31, 2020</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Cash paid for amounts included in the measurement of lease liabilities:</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 66%; padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Operating cash flows from finance leases</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 14%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">66</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 14%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">95</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Operating cash flows from operating leases</font></td> <td>&#160;</td> <td><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">211</font></td> <td>&#160;</td> <td>&#160;</td> <td><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">274</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Financing cash flows from finance leases</font></td> <td>&#160;</td> <td><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">242</font></td> <td>&#160;</td> <td>&#160;</td> <td><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">212</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Right-of-use assets obtained in exchange for new finance lease liabilities</font></td> <td>&#160;</td> <td><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Right-of-use assets obtained in exchange for new operating lease liabilities</font></td> <td>&#160;</td> <td><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>As of</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>March 31, 2021</b></p></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 79%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Weighted-average remaining lease term - finance leases (years)</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 18%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1.7</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Weighted-average remaining lease term - operating leases (years)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7.0</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Weighted-average discount rate - finance leases</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">13.0</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">%</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Weighted-average discount rate - operating leases</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5.0</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">%</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The following table summarizes stock option activity for the three months ended March 31, 2021:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Number of Options</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Weighted Average Exercise Price Per Share</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Weighted Average Remaining Contractual Term (Years)</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Aggregate Intrinsic Value (in thousands)</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 40%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Outstanding at December 31, 2020</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 12%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,009,500</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 12%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3.99</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 12%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7.3</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 12%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">51</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Granted</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Exercised</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Forfeited</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(142,000</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.14</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Expired</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(178,000</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5.05</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Outstanding at March 31, 2021</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double">&#160;</td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">689,500</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3.69</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double">&#160;</td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7.3</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">144</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Exercisable at March 31, 2021</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double">&#160;</td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">343,000</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.69</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double">&#160;</td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6.2</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The following table summarizes restricted stock unit activity for the three months ended March 31, 2021:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Number of Restricted Stock Units</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Weighted Average Grant Date Fair Value</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 57%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Non-vested at December 31, 2020</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 18%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">604,687</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 19%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2.38</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Granted</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">78,493</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2.01</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Shares vested</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(212,699</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3.12</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Shares forfeited</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Non-vested at March 31, 2021</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double">&#160;</td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">470,481</font></td> <td>&#160;</td> <td>&#160;</td> <td><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2.17</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Summary by Business Segments</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Three Months Ended March 31,</b></font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2021</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2020</b></font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="6" style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">(in thousands)</font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Net revenues</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 72%; padding-left: 10pt"><font style="font: 10pt Times New Roman, Times, Serif">Strong Entertainment</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,472</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,313</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt"><font style="font: 10pt Times New Roman, Times, Serif">Other</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">300</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">101</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 20pt"><font style="font: 10pt Times New Roman, Times, Serif">Total net revenues</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,772</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,414</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font: 10pt Times New Roman, Times, Serif">Gross profit</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt"><font style="font: 10pt Times New Roman, Times, Serif">Strong Entertainment</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">889</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,795</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt"><font style="font: 10pt Times New Roman, Times, Serif">Other</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">271</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">72</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 20pt"><font style="font: 10pt Times New Roman, Times, Serif">Total gross profit</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,160</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,867</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Operating loss</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt"><font style="font: 10pt Times New Roman, Times, Serif">Strong Entertainment</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(247</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(374</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt"><font style="font: 10pt Times New Roman, Times, Serif">Other</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(13</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(206</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 20pt"><font style="font: 10pt Times New Roman, Times, Serif">Total segment operating income</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(260</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(580</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Unallocated administrative expenses</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,497</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,921</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font: 10pt Times New Roman, Times, Serif">Loss from operations</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,757</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(2,501</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Other income, net</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">81</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">420</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font: 10pt Times New Roman, Times, Serif">Loss from continuing operations before income taxes and equity method investment loss</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,676</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(2,081</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td></tr> </table> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(In thousands)</b></font></td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>March 31, 2021</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>December 31, 2020</b></font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Identifiable assets</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 57%; padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Strong Entertainment</font></td> <td style="width: 2%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 17%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">24,084</font></td> <td style="width: 1%">&#160;</td> <td style="width: 2%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 19%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">21,408</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Corporate assets</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">41,180</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">23,971</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Discontinued operations</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">10,120</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 20pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Total</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">65,264</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">55,499</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Summary by Geographical Area</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.25in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Three Months Ended March 31,</b></font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>(In thousands)</b></font></td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2021</b></font></td> <td style="text-align: center">&#160;</td> <td style="text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2020</b></font></td> <td style="text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Net revenues</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 72%; padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">United States</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,149</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,851</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Canada</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">197</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">408</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">China</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">201</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Mexico</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">78</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Latin America</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">42</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">276</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Europe</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">51</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">194</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Asia (excluding China)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">132</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">258</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Other</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">183</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">148</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 20pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Total</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,772</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,414</font></td> <td>&#160;</td></tr> </table> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(In thousands)</b></font></td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>March 31, 2021</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>December 31, 2020</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Identifiable assets</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 58%; padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">United States</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 17%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">46,830</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 19%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">34,924</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Canada</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">18,434</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">20,575</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 20pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Total</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">65,264</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">55,499</font></td> <td>&#160;</td></tr> </table> 400000 400000 5430000 5524000 12697000 12610000 51000 51000 6960000 6824000 4688000 4635000 864000 946000 134000 154000 7267000 7086000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>8. Property, Plant and Equipment, Net</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Property, plant and equipment, net consisted of the following as of March 31, 2021 and December 31, 2020 (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>March 31, 2021</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>December 31, 2020</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 66%"><font style="font-size: 10pt">Land</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 14%; text-align: right"><font style="font-size: 10pt">51</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 14%; text-align: right"><font style="font-size: 10pt">51</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Buildings and improvements</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">6,960</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">6,824</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 10pt">Machinery and other equipment</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">4,688</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">4,635</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Office furniture and fixtures</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">864</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">946</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">Construction in progress</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">134</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">154</font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Total properties, cost</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">12,697</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">12,610</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">Less: accumulated depreciation</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">(7,267</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">(7,086</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 2.5pt"><font style="font-size: 10pt">Property, plant and equipment, net</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">5,430</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">5,524</font></td> <td style="padding-bottom: 2.5pt">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Property, plant and equipment, net consisted of the following as of March 31, 2021 and December 31, 2020 (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>March 31, 2021</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>December 31, 2020</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 66%"><font style="font-size: 10pt">Land</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 14%; text-align: right"><font style="font-size: 10pt">51</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 14%; text-align: right"><font style="font-size: 10pt">51</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Buildings and improvements</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">6,960</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">6,824</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 10pt">Machinery and other equipment</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">4,688</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">4,635</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Office furniture and fixtures</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">864</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">946</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">Construction in progress</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">134</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">154</font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Total properties, cost</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">12,697</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">12,610</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">Less: accumulated depreciation</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">(7,267</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">(7,086</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 2.5pt"><font style="font-size: 10pt">Property, plant and equipment, net</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">5,430</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">5,524</font></td> <td style="padding-bottom: 2.5pt">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>14. Commitments, Contingencies and Concentrations</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Litigation</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company is involved, from time to time, in certain legal disputes in the ordinary course of business operations. No such disputes, individually or in the aggregate, are expected to have a material effect on the Company&#8217;s business or financial condition.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.5in; margin-right: 0; margin-left: 0">The Company is named as a defendant in personal injury lawsuits based on alleged exposure to asbestos-containing materials. A majority of the cases involve product liability claims based principally on allegations of past distribution of commercial lighting products containing wiring that may have contained asbestos. Each case names dozens of corporate defendants in addition to the Company. In the Company&#8217;s experience, a large percentage of these types of claims have never been substantiated and have been dismissed by the courts. The Company has not suffered any adverse verdict in a trial court proceeding related to asbestos claims and intends to continue to defend these lawsuits. When appropriate, the Company may settle certain claims. The Company does not expect the resolution of these cases to have a material adverse effect on the Company&#8217;s financial condition, results of operations or cash flows.<b><i>&#160;</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Concentrations</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company&#8217;s top ten customers accounted for approximately 56% of consolidated net revenues during the three months ended March 31, 2021. Trade accounts receivable from these customers represented approximately 35% of net consolidated receivables at March 31, 2021. None of the Company&#8217;s customers accounted for more than 10% of both its consolidated net revenues during the three months ended March 31, 2021 and its net consolidated receivables as of March 31, 2021. While the Company believes its relationships with such customers are stable, most arrangements are made by purchase order and are terminable at will by either party. A significant decrease or interruption in business from the Company&#8217;s significant customers could have a material adverse effect on the Company&#8217;s business, financial condition and results of operations. The Company could also be adversely affected by such factors as changes in foreign currency rates and weak economic and political conditions in each of the countries in which the Company sells its products.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Financial instruments that potentially expose the Company to a concentration of credit risk principally consist of accounts receivable and the SageNet Promissory Note. The Company sells product to a large number of customers in many different geographic regions. To minimize credit risk, the Company performs ongoing credit evaluations of its customers&#8217; financial condition.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Fair Value of Financial Instruments</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Assets and liabilities measured at fair value are categorized into a fair value hierarchy based upon the observability of inputs to the valuation of an asset or liability as of the measurement date. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. The categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Financial assets and liabilities carried at fair value are classified and disclosed in one of the following three categories:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 72px">&#160;</td> <td style="width: 24px"><font style="font: 10pt Times New Roman, Times, Serif">&#9679;</font></td> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Level 1 &#8211; inputs to the valuation techniques are quoted prices in active markets for identical assets or liabilities</font></td></tr> <tr style="vertical-align: top"> <td>&#160;</td> <td><font style="font: 10pt Times New Roman, Times, Serif">&#9679;</font></td> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Level 2 &#8211; inputs to the valuation techniques are other than quoted prices but are observable for the assets or liabilities, either directly or indirectly</font></td></tr> <tr style="vertical-align: top"> <td>&#160;</td> <td><font style="font: 10pt Times New Roman, Times, Serif">&#9679;</font></td> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Level 3 &#8211; inputs to the valuation techniques are unobservable for the assets or liabilities</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.25in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The following tables present the Company&#8217;s financial assets measured at fair value based upon the level within the fair value hierarchy in which the fair value measurements are classified, as of March 31, 2021 and December 31, 2020.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Fair values measured on a recurring basis at March 31, 2021 (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level 1</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level 2</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level 3</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 41%"><font style="font: 10pt Times New Roman, Times, Serif">Cash and cash equivalents</font></td> <td style="width: 2%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 12%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">22,317</font></td> <td style="width: 1%">&#160;</td> <td style="width: 2%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">22,317</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font: 10pt Times New Roman, Times, Serif">Restricted cash</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">150</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">150</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Total</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">22,467</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">22,467</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Fair values measured on a recurring basis at December 31, 2020 (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level 1</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level 2</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level 3</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 41%"><font style="font: 10pt Times New Roman, Times, Serif">Cash and cash equivalents</font></td> <td style="width: 2%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 12%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,435</font></td> <td style="width: 1%">&#160;</td> <td style="width: 2%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,435</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font: 10pt Times New Roman, Times, Serif">Restricted cash</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">352</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">352</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Total</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,787</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,787</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The carrying values of all other financial assets and liabilities, including accounts receivable, accounts payable, accrued expenses and short-term debt reported in the consolidated balance sheets equal or approximate their fair values due to the short-term nature of these instruments. Based on quoted market prices, the fair value of the Company&#8217;s equity method investments was $20.6 million at March 31, 2021 (see Note 7).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Fair values measured on a recurring basis at March 31, 2021 (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level 1</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level 2</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level 3</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 41%"><font style="font: 10pt Times New Roman, Times, Serif">Cash and cash equivalents</font></td> <td style="width: 2%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 12%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">22,317</font></td> <td style="width: 1%">&#160;</td> <td style="width: 2%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">22,317</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font: 10pt Times New Roman, Times, Serif">Restricted cash</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">150</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">150</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Total</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">22,467</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">22,467</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Fair values measured on a recurring basis at December 31, 2020 (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level 1</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level 2</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level 3</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 41%"><font style="font: 10pt Times New Roman, Times, Serif">Cash and cash equivalents</font></td> <td style="width: 2%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 12%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,435</font></td> <td style="width: 1%">&#160;</td> <td style="width: 2%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,435</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font: 10pt Times New Roman, Times, Serif">Restricted cash</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">352</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">352</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font: 10pt Times New Roman, Times, Serif">Total</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,787</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,787</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>11. Leases</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company and its subsidiaries lease plant and office facilities and equipment under operating and finance leases expiring through 2028. The Company determines if a contract is or contains a lease at inception or modification of a contract. A contract is or contains a lease if the contract conveys the right to control the use of an identified asset for a period in exchange for consideration. Control over the use of the identified asset means the lessee has both (a) the right to obtain substantially all of the economic benefits from the use of the asset and (b) the right to direct the use of the asset.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Right-of-use assets and liabilities are recognized based on the present value of future minimum lease payments over the expected lease term at commencement date. Certain of the leases contain extension options; however, the Company has not included such options as part of its right-of-use assets and lease liabilities because it does not expect to extend the leases. The Company measures and records a right-of-use asset and lease liability based on the discount rate implicit in the lease, if known. In cases where the discount rate implicit in the lease is not known, the Company measures the right-of-use assets and lease liabilities using a discount rate equal to the Company&#8217;s estimated incremental borrowing rate for loans with similar collateral and duration.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company elected to not apply the recognition requirements of Accounting Standards Codification Topic 842, &#8220;Leases,&#8221; to leases of all classes of underlying assets that, at the commencement date, have a lease term of 12 months or less and do not include an option to purchase the underlying asset that the lessee is reasonably certain to exercise. Instead, lease payments for such short-term leases are recognized in operations on a straight-line basis over the lease term and variable lease payments in the period in which the obligation for those payments is incurred.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company elected, as a lessee, for all classes of underlying assets, to not separate nonlease components from lease components and instead to account for each separate lease component and the nonlease components associated with that lease component as a single lease component.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The following tables present the Company&#8217;s lease costs and other lease information (dollars in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Lease cost</u></b></font></td> <td>&#160;</td> <td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Three Months Ended</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>March 31, 2021</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>March 31, 2020</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Finance lease cost:</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 65%; padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Amortization of right-of-use assets</font></td> <td style="width: 2%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 14%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">242</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 14%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">282</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Interest on lease liabilities</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">66</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">95</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Operating lease cost</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">233</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">304</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Short-term lease cost</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">15</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">14</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Sublease income</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(72</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(97</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Net lease cost</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">484</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">598</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Other information</u></b></font></td> <td>&#160;</td> <td colspan="2">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td colspan="2">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>March 31, 2021</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>March 31, 2020</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Cash paid for amounts included in the measurement of lease liabilities:</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 65%; padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Operating cash flows from finance leases</font></td> <td style="width: 2%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 14%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">66</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 14%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">95</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Operating cash flows from operating leases</font></td> <td>&#160;</td> <td><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">211</font></td> <td>&#160;</td> <td>&#160;</td> <td><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">274</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Financing cash flows from finance leases</font></td> <td>&#160;</td> <td><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">242</font></td> <td>&#160;</td> <td>&#160;</td> <td><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">212</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Right-of-use assets obtained in exchange for new finance lease liabilities</font></td> <td>&#160;</td> <td><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Right-of-use assets obtained in exchange for new operating lease liabilities</font></td> <td>&#160;</td> <td><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td> <td>&#160;</td> <td><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>As of</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>March 31, 2021</b></p></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 79%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Weighted-average remaining lease term - finance leases (years)</font></td> <td style="width: 2%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 17%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1.7</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Weighted-average remaining lease term - operating leases (years)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7.0</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Weighted-average discount rate - finance leases</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">13.0</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">%</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Weighted-average discount rate - operating leases</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5.0</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">%</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following table presents a maturity analysis of the Company&#8217;s finance and operating lease liabilities as of March 31, 2021 (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Operating Leases</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Finance Leases</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 60%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Remainder of 2021</font></td> <td style="width: 2%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 17%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">611</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 16%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">922</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">2022</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">706</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,168</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">2023</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">656</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">2024</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">669</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">2025</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">683</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Thereafter</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,766</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Total lease payments</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,091</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,090</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Less: Amount representing interest</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(812</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(226</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Present value of lease payments</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,279</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,864</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Less: Current maturities</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(607</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,047</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Lease obligations, net of current portion</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,672</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">817</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On March 2, 2021, the Company received a notice of default and demand (the &#8220;Default Notice&#8221;) from Huntington Technology Finance, Inc. (&#8220;Huntington&#8221;). The Default Notice alleged the occurrence of an event of default under the terms of the Master Equipment Lease Agreement dated May 19, 2017 (the &#8220;Lease Agreement&#8221;) pursuant to which the Company&#8217;s subsidiaries lease certain digital taxi top advertising signs. The Company has made all required payments to Huntington during the term of the Lease Agreement and expects to continue to make monthly payments on a timely basis. The Default Notice did not allege that the Company has failed to make any payment or incurred any economic or payment default. Rather, the Default Notice alleged that the Company violated certain technical covenants in the Lease Agreement. Huntington demanded accelerated payment of the outstanding principal balance plus lessor profit and a fair market value buyout of the assets under lease within ten days of the receipt of the Default Notice. The Company disputed Huntington&#8217;s assertion that an event of default had occurred under the Lease Agreement and believes that many of the assertions made in the Default Notice are false, and that the claims made in the Default Notice are therefore baseless. Accordingly, on March 3, 2021, the Company provided a written response to Huntington detailing the Company&#8217;s position that Huntington&#8217;s allegations of an event of default under the Lease Agreement are unfounded, and asserting the Company&#8217;s good faith belief that the Company has abided by the terms, conditions, and covenants of the Lease Agreement. In order to resolve the situation and avoid the potential costs of a lengthy legal dispute, on April 2, 2021, the Company entered into an Agreement of Forbearance and Conditional Sale (the &#8220;Settlement Agreement&#8221;) with Huntington and CCA Financial, LLC. The amounts payable by the Company pursuant to the Settlement Agreement include only payments contractually due under the Lease Agreement and do not include any additional penalties, interest, or liquidation damages. The Company agreed to accelerate payment of the $2.1 million remaining payments contractually due under the Lease Agreement and to exercise its option to purchase the leased assets for $1.0 million. The $2.1 million plus sales tax owed under the Lease Agreement was paid upon execution of the Settlement Agreement and the lease equipment buyout will be paid in twelve monthly installments from June 1, 2021 to May 1, 2022. Upon payment in full, the Lease Agreement and all obligations thereunder will terminate.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following table presents a maturity analysis of the Company&#8217;s finance and operating lease liabilities as of March 31, 2021 (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Operating Leases</b></font></td> <td>&#160;</td> <td>&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Finance Leases</b></font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 60%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Remainder of 2021</font></td> <td style="width: 2%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 17%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">611</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="width: 16%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">922</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">2022</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">706</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,168</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">2023</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">656</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">2024</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">669</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">2025</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">683</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Thereafter</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,766</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Total lease payments</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,091</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,090</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Less: Amount representing interest</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(812</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(226</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Present value of lease payments</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,279</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,864</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Less: Current maturities</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(607</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td> <td>&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,047</font></td> <td><font style="font: 10pt Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Lease obligations, net of current portion</font></td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,672</font></td> <td>&#160;</td> <td>&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">817</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>3. Discontinued Operations</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Convergent</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">As part of a transaction that closed in February 2021, the Company divested its Convergent business segment. The Company&#8217;s Convergent business segment delivered digital signage solutions and related services to large multi-location organizations in the United States and Canada.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On February 1, 2021, the Company entered into an Equity Purchase Agreement (together with the other related documents defined therein, the &#8220;Purchase Agreement&#8221;), and closed the transactions contemplated by the Purchase Agreement, with SageNet LLC (&#8220;SageNet&#8221;). Pursuant to the Purchase Agreement, a subsidiary of Ballantyne Strong sold 100% of the issued and outstanding limited liability company membership interests (the &#8220;Equity Interests&#8221;) in Convergent, LLC (&#8220;Convergent&#8221;) to SageNet. The purchase price for the Equity Interests (the &#8220;Purchase Price&#8221;) pursuant to the Purchase Agreement was (i) $15.0 million in cash and (ii) $2.5 million in the form of a subordinated promissory note delivered by SageNet in favor of the Company (the &#8220;SageNet Promissory Note&#8221;). Per the terms of the SageNet Promissory Note, the Company will receive twelve consecutive equal quarterly payments of principal, plus accrued interest thereon, commencing on March 31, 2022. The Company has elected to record the SageNet Promissory Note using its historical cost basis. Additionally, a portion of the Purchase Price was placed in escrow by SageNet, the release of which is contingent upon certain events and conditions specified in the Purchase Agreement. The Purchase Price is also subject to adjustment based on closing working capital of Convergent. As further consideration, SageNet also assumed approximately $5.7 million of third-party debt of Convergent, bringing the total enterprise value for Convergent&#8217;s equity interests to approximately $23.2 million. The Company recorded a gain of $14.9 million during the first quarter of 2021 related to the sale of Convergent.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>&#160;</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Strong Outdoor</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">As part of transactions in May 2019 and August 2020, the Company divested its Strong Outdoor business segment. The Company&#8217;s Strong Outdoor business segment provided outdoor advertising and experiential marketing to advertising agencies and corporate accounts, primarily in New York City.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On May 21, 2019, Strong Digital Media, LLC (&#8220;SDM&#8221;), an indirect subsidiary of Ballantyne Strong, entered into a Taxicab Advertising Collaboration Agreement (the &#8220;Commercial Agreement&#8221;) and a Unit Purchase Agreement (the &#8220;Unit Purchase Agreement&#8221;) with Firefly Systems, Inc. (&#8220;Firefly&#8221;), pursuant to which SDM agreed to make available to Firefly 300 digital taxi tops. Additionally, the parties agreed to coordinate the fulfilling of SDM&#8217;s agreements with the Metropolitan Taxicab Board of Trade, Inc. (&#8220;MTBOT&#8221;) and Creative Mobile Media, LLC (&#8220;CMM&#8221;), each dated February 8, 2018. Firefly agreed to fulfill the digital taxi top advertising obligations under the MTBOT agreement and CMM agreement, and SDM agreed to fulfill the non-digital taxi top advertising obligations under the MTBOT agreement and CMM agreement. Ballantyne Strong is a party to the Unit Purchase Agreement and agreed to guarantee the payment obligations of SDM under the Commercial Agreement. As consideration for entering into these agreements, Ballantyne Strong received $4.8 million worth of Firefly&#8217;s Series A-2 preferred shares (the &#8220;Firefly Series A-2 Shares&#8221;). The Firefly Series A-2 Shares, including those subsequently issued pursuant to an earn-out provision, were subject to a repurchase option for a period of three years to cover SDM&#8217;s indemnity obligations and other post-closing covenants under the Commercial Agreement and the Unit Purchase Agreement. As part of the Asset Purchase Agreement (as defined and described below), Firefly no longer has an option to repurchase any of the Firefly Series A-2 Shares held by SDM.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The 300 digital tops the Company has made available to Firefly are subject to a master equipment lease agreement which the Company entered into during 2017. Pursuant to the master lease agreement and the Unit Purchase Agreement, the Company will remain the primary obligor until such time as the lease expires. In addition, of the $4.8 million worth of Firefly Series A-2 Shares received, $1.2 million worth of such shares were eligible for repurchase by Firefly if the Company did not exercise the purchase option contained within the master lease agreement. Accordingly, the Company had deferred recognizing an investment related to these Firefly Series A-2 Shares eligible for repurchase until such time it was reasonably certain the Company would exercise the purchase option. The transaction, in effect, transferred control of the underlying asset to Firefly. As additional consideration for the right to use the digital taxi tops, Firefly agreed to pay for certain of Company&#8217;s operating expenses associated with the non-digital taxi tops. The Company concluded the payments that Firefly made on its behalf were variable payments and were not included in the calculation of the selling profit. Therefore, the Company recorded the benefit and the related operating expenses in the period when the changes in facts and circumstances on which the variable lease payments were based occurred. As part of the Asset Purchase Agreement (as defined and described below) the Taxicab Advertising Collaboration Agreement dated May 21, 2019 was terminated, which relieved the Company of its obligation to exercise the purchase option contained within the master lease agreement. As a result, the Company recognized an additional $1.2 million investment during the year ended December 31, 2020 related to the Firefly Series A-2 Shares that were previously eligible for repurchase by Firefly.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Unit Purchase Agreement contained an earnout provision pursuant to which SDM obtained additional Firefly Series A-2 Shares. The earnout period was from May 22, 2019 through June 30, 2020. SDM was eligible to earn additional Firefly Series A-2 Shares equivalent to the cash collections under certain digital top contracts that were in place at the closing of the transaction. Ballantyne Strong received the shares earned pursuant to the earnout provision on August 3, 2020. In connection with the additional Firefly Series A-2 Shares that were received pursuant to the earnout, Ballantyne Strong recorded an additional $0.7 million gain on the Firefly transaction during the year ended December 31, 2020.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On August 3, 2020, SDM entered into an Asset Purchase Agreement (the &#8220;Asset Purchase Agreement&#8221;) with Firefly, pursuant to which SDM agreed to sell certain assets primarily related to its Strong Outdoor operating business to Firefly and continue to make available 300 digital taxi tops to Firefly. SDM retained certain accounts receivable as well as liabilities other than executory obligations under transferred contracts to the extent such liabilities are required to be performed following closing or constitute certain deferred revenue. The transaction closed on the same day.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">As consideration for entering into the Asset Purchase Agreement, SDM received approximately $0.6 million in cash consideration and approximately $3.2 million worth of Firefly Series A-3 preferred shares (the &#8220;Firefly Series A-3 Shares&#8221;). In connection with the closing of the transactions contemplated by the Asset Purchase Agreement, (i) SDM received approximately $1.1 million worth of Firefly&#8217;s Series A-2 Shares, which constituted the remaining shares to be issued pursuant to the Unit Purchase Agreement; (ii) Firefly no longer had an option to repurchase any of the Series A-2 Shares held by SDM; (iii) all accounts payable to Firefly were cancelled and forgiven; and (iv) the Commercial Agreement dated May 21, 2019 was terminated, which relieved Ballantyne Strong of its obligation to exercise the purchase option contained within the master lease agreement. Ballantyne Strong recorded a gain of approximately $5.3 million during the third quarter of 2020 as a result of the transaction. As of March 31, 2021, SDM held approximately $5.7 million worth of Firefly Series A-2 Shares, which included the shares issued to SDM as part of the May 2019 transaction and $7.4 million worth of Firefly Series A-3 Shares.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">As contemplated by the Asset Purchase Agreement, Firefly Series A-2 Shares are held by SDM. Additionally, the previously issued Firefly Series A-2 Shares held by Fundamental Global Venture Partners, LP (&#8220;FGVP&#8221;), an investment fund that was managed by Fundamental Global Investors, LLC in which SDM was the sole limited partner, were transferred to SDM. The Asset Purchase Agreement includes customary representations and warranties. In connection with the Asset Purchase Agreement, SDM agreed to indemnify Firefly for excluded liabilities related to the transferred business.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Ballantyne Strong entered into a Master Services Agreement (the &#8220;Master Services Agreement&#8221;) with Firefly, pursuant to which Ballantyne Strong agreed to provide certain support services to Firefly, including remote equipment monitoring and diagnostics of screens, until no later than December 31, 2022, and to provide transition advertising instruction and integration services, content management services, ad-hoc reporting and analysis, wireless service, advertising content management services, and mapping data until no later than six months from closing. As consideration for entering into the Master Services Agreement, Ballantyne Strong received $2.0 million in cash consideration.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The major classes of assets and liabilities included as part of discontinued operations as of December 31, 2020 are as follows (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="10" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>December 31, 2020</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Convergent</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Strong Outdoor</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Total</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 49%"><font style="font-size: 10pt">Accounts receivable, net</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 14%; text-align: right"><font style="font-size: 10pt">3,065</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 14%; text-align: right"><font style="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;-</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 14%; text-align: right"><font style="font-size: 10pt">3,065</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Inventories, net</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">312</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">312</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">Other current assets</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">371</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">371</font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 20pt"><font style="font-size: 10pt">Total current assets of discontinued operations</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">3,748</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">3,748</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 10pt">Property, plant and equipment, net</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">3,172</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">3,172</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Intangible assets, net</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">753</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">753</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 10pt">Operating lease right-of-use assets</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">212</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">212</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">Finance lease right-of-use assets</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">2,235</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">2,235</font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 1.5pt; padding-left: 20pt"><font style="font-size: 10pt">Total long-term assets of discontinued operations</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">6,372</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">6,372</font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 2.5pt; padding-left: 10pt"><font style="font-size: 10pt">Total assets of discontinued operations</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">10,120</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">10,120</font></td> <td style="padding-bottom: 2.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Accounts payable</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">449</font></td> <td>&#160;</td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">449</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 10pt">Accrued expenses</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">812</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">812</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Current portion of long-term debt</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">1,075</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">1,075</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 10pt">Current portion of operating lease obligation</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">108</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">108</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Current portion of finance lease obligation</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">859</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">859</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">Deferred revenue and customer deposits</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">598</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">598</font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 20pt"><font style="font-size: 10pt">Total current liabilities of discontinued operations</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">3,901</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">3,901</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 10pt">Long-term debt, net of current portion</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">2,340</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">2,340</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Operating lease obligation, net of current portion</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">107</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">107</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 10pt">Finance lease obligation, net of current portion</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">1,530</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">1,530</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">Other long-term liabilities</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">89</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">89</font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 1.5pt; padding-left: 20pt"><font style="font-size: 10pt">Total long-term liabilities of discontinued operations</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">4,066</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">4,066</font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 2.5pt; padding-left: 10pt"><font style="font-size: 10pt">Total liabilities of discontinued operations</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">7,967</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">7,967</font></td> <td style="padding-bottom: 2.5pt">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The major line items constituting the net income (loss) from discontinued operations are as follows (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="10" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Three Months Ended March 31, 2021</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="10" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Three Months Ended March 31, 2020</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Convergent</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Strong Outdoor</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Total</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Convergent</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Strong Outdoor</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Total</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 34%"><font style="font-size: 10pt">Net revenues</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 8%; text-align: right"><font style="font-size: 10pt">1,472</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 8%; text-align: right"><font style="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;-</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 8%; text-align: right"><font style="font-size: 10pt">1,472</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 8%; text-align: right"><font style="font-size: 10pt">4,963</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 8%; text-align: right"><font style="font-size: 10pt">1,197</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 8%; text-align: right"><font style="font-size: 10pt">6,160</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">Cost of revenues</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">746</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">746</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">2,940</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">836</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">3,776</font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Gross profit</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">726</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">726</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">2,023</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">361</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">2,384</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">Selling and administrative expenses</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">1,241</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">1,241</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">1,101</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">704</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">1,805</font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt"><font style="font-size: 10pt">(Loss) income from operations</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(515</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(515</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">922</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(343</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">579</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Gain on Convergent transaction</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">14,937</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">14,937</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 10pt">Gain on Firefly transaction</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">270</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">270</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">Other expense</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">(39</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">(39</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">(184</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">(184</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Income (loss) from discontinued operations</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">14,383</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">14,383</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">738</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(73</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">665</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">Income tax expense</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">(58</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">(58</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">(58</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">(58</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 2.5pt; padding-left: 10pt"><font style="font-size: 10pt">Total net income (loss) from discontinued operations</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">14,325</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">14,325</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">680</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">(73</font></td> <td style="padding-bottom: 2.5pt"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">607</font></td> <td style="padding-bottom: 2.5pt">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>7. Investments</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The following summarizes our investments (dollars in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>March 31, 2021</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>December 31, 2020</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Carrying Amount</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Economic Interest</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Carrying Amount</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Economic Interest</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="border-bottom: black 1.5pt solid"><font style="font-size: 10pt"><b>Equity Method Investments</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 32%"><font style="font-size: 10pt">FG Financial Group, Inc.</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 14%; text-align: right"><font style="font-size: 10pt">3,954</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 14%; text-align: right"><font style="font-size: 10pt">20.8</font></td> <td style="width: 1%"><font style="font-size: 10pt">%</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 14%; text-align: right"><font style="font-size: 10pt">4,370</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 14%; text-align: right"><font style="font-size: 10pt">20.9</font></td> <td style="width: 1%"><font style="font-size: 10pt">%</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">GreenFirst Forest Products Inc.</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">2,378</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: right"><font style="font-size: 10pt">29.6</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">%</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">2,697</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: right"><font style="font-size: 10pt">29.6</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">%</font></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Total Equity Method Investments</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">6,332</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">7,067</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="border-bottom: black 1.5pt solid"><font style="font-size: 10pt"><b>Cost Method Investment</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">Firefly Systems, Inc.</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">13,152</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">13,100</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: right">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 2.5pt; padding-left: 10pt"><font style="font-size: 10pt">Total Investments</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">19,484</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt; text-align: right">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">20,167</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt; text-align: right">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Equity Method Investments</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The following summarizes the (loss) income of equity method investees reflected in the condensed consolidated statements of operations (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Three Months Ended March 31,</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>2021</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>2020</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1.5pt solid; text-align: justify"><font style="font-size: 10pt"><b>Entity</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 62%; text-align: justify"><font style="font-size: 10pt">FG Financial Group, Inc.</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 16%; text-align: right"><font style="font-size: 10pt">(416</font></td> <td style="width: 1%"><font style="font-size: 10pt">)</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 16%; text-align: right"><font style="font-size: 10pt">1,417</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1.5pt; text-align: justify"><font style="font-size: 10pt">GreenFirst Forest Products Inc.</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">(353</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">(48</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 2.5pt; padding-left: 10pt; text-align: justify"><font style="font-size: 10pt">Total</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">(769</font></td> <td style="padding-bottom: 2.5pt"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">1,369</font></td> <td style="padding-bottom: 2.5pt">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><u>FG Financial Group, Inc.</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">FG Financial Group, Inc. (&#8220;FGF&#8221;) (formerly 1347 Property Insurance Holdings, Inc.) is a reinsurance and investment management holding company focused on opportunistic collateralized and loss capped reinsurance, while allocating capital to special purpose acquisition companies (each, a &#8220;SPAC&#8221;) and SPAC sponsor-related businesses. In September 2020, FGF entered into an agreement pursuant to which FGF purchased 1.1 million shares of its outstanding common stock from an existing shareholder. The purchase of the 1.1 million shares decreased the number of outstanding shares of FGF and increased the Company&#8217;s ownership interest to approximately 21%. The Company&#8217;s Chairman, D. Kyle Cerminara, is the chairman of the board of directors of FGF. As of March 31, 2021, Mr. Cerminara was affiliated with entities that, when combined with the Company&#8217;s ownership in FGF, own greater than 50% of FGF. Since FGF does not depend on the Company for continuing financial support to maintain operations, the Company has determined that FGF is not a variable interest entity, and therefore, the Company is not required to determine the primary beneficiary of FGF for potential consolidation. The Company did not receive dividends from FGF during the three months ended March 31, 2021 or 2020. Based on quoted market prices, the market value of the Company&#8217;s ownership in FGF was $4.8 million at March 31, 2021.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><u>GreenFirst Forest Products, Inc.</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">GreenFirst Forest Products Inc. (&#8220;GreenFirst&#8221;) (formerly Itasca Capital Ltd.) is a publicly-traded Canadian company focused on environmentally sustainable forest management and lumber production. The Company&#8217;s Chairman, Mr. Cerminara, is chairman of the board of directors of GreenFirst, and the Company&#8217;s former Co-Chairman, Lewis M. Johnson, is also a member of the board of directors of GreenFirst. These board seats, combined with the Company&#8217;s 29.6% ownership of GreenFirst, provide the Company with significant influence over GreenFirst, but not a controlling interest. The Company did not receive dividends from GreenFirst during the three months ended March 31, 2021 or 2020. Based on quoted market prices, the market value of the Company&#8217;s ownership in GreenFirst was $15.7 million at March 31, 2021.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On April 12, 2021, GreenFirst announced that it had entered into an asset purchase agreement (the &#8220;GreenFirst Purchase Agreement&#8221;) pursuant to which it will acquire a portfolio of forest and paper product assets (the &#8220;Assets&#8221;) at a purchase price of approximately US$214 million. GreenFirst announced that it intends to file a prospectus to conduct a backstopped rights offering (the &#8220;Rights Offering&#8221;) to finance a portion of the purchase price for the Assets. Pursuant to its announcement, GreenFirst intends to issue three rights (each a &#8220;Right&#8221;) for each of its outstanding shares of common stock (each a &#8220;Common Share&#8221;) with each Right being exercisable, at a subscription price of CDN$1.50, to acquire a subscription receipt (each a &#8220;Subscription Receipt&#8221;). Each Subscription Receipt would, upon the closing of the transactions contemplated by the Agreement and without any further consideration, automatically be exchanged into a Common Share. On April 10, 2021, the Company entered into a commitment letter (the &#8220;Commitment&#8221;) with GreenFirst pursuant to which the Company agreed to participate in the Rights Offering expected to be conducted by GreenFirst. By entering into the Commitment, the Company committed to exercise the Canadian dollar equivalent of approximately US$1.6 million of the Rights offered in the Rights Offering. The Commitment will terminate, and the Company will be released from its obligations under the Commitment if the Rights Offering is not completed by September 30, 2021, or such later date as agreed to between GreenFirst and the purchaser committed to backstop the Rights Offering.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">As of March 31, 2021, the Company&#8217;s retained earnings included an accumulated deficit from its equity method investees of approximately $4.8 million.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The summarized financial information presented below reflects the financial information of the Company&#8217;s equity method investees for the three months ended December 31, 2020 and 2019, consistent with the Company&#8217;s recognition of the results of its equity method investments on a one-quarter lag (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1.5pt solid"><font style="font-size: 10pt">For the three months ended December 31,</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>2020</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>2019</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td>&#160;</td> <td colspan="2">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td colspan="2">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 66%; text-align: justify"><font style="font-size: 10pt">Revenue (1)</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 14%; text-align: right"><font style="font-size: 10pt">(243</font></td> <td style="width: 1%"><font style="font-size: 10pt">)</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 14%; text-align: right"><font style="font-size: 10pt">4,340</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: justify"><font style="font-size: 10pt">Operating (loss) income</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">(3,178</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">3,977</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="text-align: justify"><font style="font-size: 10pt">Net (loss) income</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">(3,181</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">8,121</font></td> <td>&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 100%; text-align: justify"><font style="font-size: 10pt">(1) FGF records realized and unrealized gains and losses on investments in net investment income (loss), which is included in the revenue line above.</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i>Cost Method Investment</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company received preferred shares of Firefly in connection with the transactions with Firefly in May 2019 and August 2020. See Note 3 for additional details. In addition, on August 3, 2020, the Company&#8217;s Canadian subsidiary, Strong/MDI Screen Systems, Inc. (&#8220;Strong/MDI&#8221;) entered into a Stock Purchase Agreement (the &#8220;Stock Purchase Agreement&#8221;) with Firefly, pursuant to which Strong/MDI agreed to purchase $4.0 million worth of Firefly Series A-3 Shares. The Company and its affiliated entities have designated Kyle Cerminara, Chairman of the Company&#8217;s board of directors and a principal of the Company&#8217;s largest shareholder, to Firefly&#8217;s board of directors.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>2. Summary of Significant Accounting Policies</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>&#160;</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Basis of Presentation and Principles of Consolidation</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The condensed consolidated financial statements include the accounts of the Company and all majority-owned and controlled domestic and foreign subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The condensed consolidated financial statements included in this report are presented in accordance with the requirements of Form 10-Q and consequently do not include all of the disclosures normally required by accounting principles generally accepted in the United States of America (also referred to as &#8220;GAAP&#8221;) for annual reporting purposes or those made in the Company&#8217;s Annual Report on Form 10-K. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company&#8217;s Annual Report on Form 10-K for the fiscal year ended December 31, 2020.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The condensed consolidated balance sheet as of December 31, 2020 was derived from the Company&#8217;s audited consolidated balance sheet as of that date. All other condensed consolidated financial statements contained herein are unaudited and, in the opinion of management, reflect all adjustments of a normal recurring nature necessary to present a fair statement of the financial position and the results of operations and cash flows for the respective interim periods. Certain prior period balances have been reclassified to conform to current period presentation. The results for interim periods are not necessarily indicative of trends or results expected for a full year.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Unless otherwise indicated, all references to &#8220;dollars&#8221; and &#8220;$&#8221; in this Quarterly Report on Form 10-Q are to, and amounts are presented in, U.S. dollars.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Use of Management Estimates</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results and changes in facts and circumstances may alter such estimates and affect results of operations and financial position in future periods.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Significant uncertainty remains surrounding the COVID-19 global pandemic and the extent and duration of the impacts that it may have on the Company, as well as its customers, suppliers, and employees. While cinema and theme park operators in the United States and other parts of the world are in process of returning to &#8220;normal&#8221;, there continue to be spikes in COVID-19 cases and new variants in various parts of the world that could impact the pace of recovery in our markets. Accordingly, there continues to be a heightened potential for future reserves against trade receivables, inventory write downs and impairments of long-lived assets, goodwill, intangible assets and investments. In the current environment, assumptions about future financial and operational performance, supply chain pricing and availability and customer creditworthiness have greater variability than normal, which could in the future significantly affect the valuation of the Company&#8217;s assets, both financial and non-financial. As an understanding of the longer-term impacts of COVID-19 on the Company&#8217;s customers and business develops, there is heightened potential for changes in these views over the remainder of 2021, and potentially beyond.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Restricted Cash</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>&#160;</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Restricted cash represents amounts held in a collateral account for the Company&#8217;s corporate travel and purchasing credit card program.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Accounts Receivable</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Trade accounts receivable are recorded at the invoiced amount and do not bear interest. The Company determines the allowance for doubtful accounts based on several factors, including overall customer credit quality, historical write-off experience and a specific analysis that projects the ultimate collectability of the account. As such, these factors may change over time causing the allowance level and bad debt expense to be adjusted accordingly.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Investments</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>&#160;</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company applies the equity method of accounting to investments when it has significant influence, but not controlling interest, in the investee. Judgment regarding the level of influence over each equity method investment includes considering key factors such as ownership interest, representation on the board of directors, participation in policy-making decisions and material intercompany transactions. The Company&#8217;s proportionate share of the net income (loss) resulting from these investments is reported under the line item captioned &#8220;equity method investment income (loss)&#8221; in our condensed consolidated statements of operations. The Company&#8217;s equity method investments are reported at cost and adjusted each period for the Company&#8217;s share of the investee&#8217;s income or loss and dividend paid, if any. The Company&#8217;s share of the investee&#8217;s income or loss is recorded on a one quarter lag for all equity method investments. The Company classifies distributions received from equity method investments using the cumulative earnings approach on the condensed consolidated statements of cash flows. Investments in nonmarketable unconsolidated entities in which the Company is not able to exercise significant influence (&#8220;Cost Method Investments&#8221;) are accounted for at the Company&#8217;s initial cost, minus any impairment (if any), plus or minus changes resulting from observable price changes in orderly transactions for the identical or a similar investment of the same issuer. Dividends on cost method investments received are recorded as income.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company assesses investments for impairment whenever events or changes in circumstances indicate that the carrying value of an investment may not be recoverable. Management reviewed the underlying net assets of the investees as of March 31, 2021 and determined that the Company&#8217;s proportionate economic interest in the investees indicate that the investments were not impaired. The carrying value of our equity method and cost method investments is reported as &#8220;investments&#8221; on the condensed consolidated balance sheets. Notes 3 and 7 contain additional information on our equity method and cost method investments.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>&#160;</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Fair Value of Financial Instruments</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Assets and liabilities measured at fair value are categorized into a fair value hierarchy based upon the observability of inputs to the valuation of an asset or liability as of the measurement date. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. The categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Financial assets and liabilities carried at fair value are classified and disclosed in one of the following three categories:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 72px">&#160;</td> <td style="width: 24px"><font style="font-size: 10pt">&#9679;</font></td> <td style="text-align: justify"><font style="font-size: 10pt">Level 1 &#8211; inputs to the valuation techniques are quoted prices in active markets for identical assets or liabilities</font></td></tr> <tr style="vertical-align: top"> <td>&#160;</td> <td><font style="font-size: 10pt">&#9679;</font></td> <td style="text-align: justify"><font style="font-size: 10pt">Level 2 &#8211; inputs to the valuation techniques are other than quoted prices but are observable for the assets or liabilities, either directly or indirectly</font></td></tr> <tr style="vertical-align: top"> <td>&#160;</td> <td><font style="font-size: 10pt">&#9679;</font></td> <td style="text-align: justify"><font style="font-size: 10pt">Level 3 &#8211; inputs to the valuation techniques are unobservable for the assets or liabilities</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.25in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The following tables present the Company&#8217;s financial assets measured at fair value based upon the level within the fair value hierarchy in which the fair value measurements are classified, as of March 31, 2021 and December 31, 2020.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Fair values measured on a recurring basis at March 31, 2021 (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Level 1</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Level 2</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Level 3</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Total</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 40%"><font style="font-size: 10pt">Cash and cash equivalents</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 12%; text-align: right"><font style="font-size: 10pt">22,317</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 12%; text-align: right"><font style="font-size: 10pt">&#160;&#160;-</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 12%; text-align: right"><font style="font-size: 10pt">&#160;&#160;-</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 12%; text-align: right"><font style="font-size: 10pt">22,317</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">Restricted cash</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">150</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">150</font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 2.5pt"><font style="font-size: 10pt">Total</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">22,467</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">22,467</font></td> <td style="padding-bottom: 2.5pt">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Fair values measured on a recurring basis at December 31, 2020 (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Level 1</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Level 2</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Level 3</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Total</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 40%"><font style="font-size: 10pt">Cash and cash equivalents</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 12%; text-align: right"><font style="font-size: 10pt">4,435</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 12%; text-align: right"><font style="font-size: 10pt">&#160;&#160;-</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 12%; text-align: right"><font style="font-size: 10pt">&#160;&#160;-</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 12%; text-align: right"><font style="font-size: 10pt">4,435</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">Restricted cash</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">352</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">352</font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 2.5pt"><font style="font-size: 10pt">Total</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">4,787</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">4,787</font></td> <td style="padding-bottom: 2.5pt">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The carrying values of all other financial assets and liabilities, including accounts receivable, accounts payable, accrued expenses and short-term debt reported in the consolidated balance sheets equal or approximate their fair values due to the short-term nature of these instruments. Based on quoted market prices, the fair value of the Company&#8217;s equity method investments was $20.6 million at March 31, 2021 (see Note 7).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Recently Adopted Accounting Pronouncements</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">In December 2019, the Financial Account Standards Board (&#8220;FASB&#8221;) issued Accounting Standards Update (&#8220;ASU&#8221;) 2019-12, &#8220;Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes.&#8221; This ASU removes certain exceptions for investments, intraperiod allocations and interim tax calculations and adds guidance to reduce complexity in accounting for income taxes. The effective date of the standard is annual periods beginning after December 15, 2020, with early adoption permitted. The various amendments in the standard are applied on a retrospective basis, modified retrospective basis and prospective basis, depending on the amendment. The Company early adopted this ASU effective January 1, 2020. The adoption did not have a material impact on the Company&#8217;s consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">In January 2020, the FASB issued ASU 2020-01, &#8220;Clarifying the Interactions Between Topic 321, Topic 323, and Topic 815.&#8221; This ASU clarifies the interaction between accounting standards related to equity securities, equity method investments and certain derivatives. The effective date of the standard is annual periods beginning after December 15, 2020, and interim periods within those fiscal years. The adoption did not have a material impact on the Company&#8217;s consolidated financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Recently Issued Accounting Pronouncements</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">In April 2020, the FASB issued a question-and-answer document to address stakeholder questions on the application of the lease accounting guidance for lease concessions related to the effects of the COVID-19 pandemic. The guidance allows concessions related to the timing of payments, where the total consideration has not changed, to not be accounted for as lease modifications. Instead, any such concessions can be accounted for as if no change was made to the contract or as variable lease payments. As a result of the COVID-19 pandemic, the Company received certain lease concessions in the form of rent deferrals during 2020. The Company chose to implement the policy election provided by the FASB to record rent concessions as if no modifications to leases contracts were made, and thus no changes to the lease obligations were recorded in respect to these concessions. As of March 31, 2021, the Company had outstanding deferred rent of $0.1 million, which will be paid over the remaining term of the leases.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Investments</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>&#160;</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company applies the equity method of accounting to investments when it has significant influence, but not controlling interest, in the investee. Judgment regarding the level of influence over each equity method investment includes considering key factors such as ownership interest, representation on the board of directors, participation in policy-making decisions and material intercompany transactions. The Company&#8217;s proportionate share of the net income (loss) resulting from these investments is reported under the line item captioned &#8220;equity method investment income (loss)&#8221; in our condensed consolidated statements of operations. The Company&#8217;s equity method investments are reported at cost and adjusted each period for the Company&#8217;s share of the investee&#8217;s income or loss and dividend paid, if any. The Company&#8217;s share of the investee&#8217;s income or loss is recorded on a one quarter lag for all equity method investments. The Company classifies distributions received from equity method investments using the cumulative earnings approach on the condensed consolidated statements of cash flows. Investments in nonmarketable unconsolidated entities in which the Company is not able to exercise significant influence (&#8220;Cost Method Investments&#8221;) are accounted for at the Company&#8217;s initial cost, minus any impairment (if any), plus or minus changes resulting from observable price changes in orderly transactions for the identical or a similar investment of the same issuer. Dividends on cost method investments received are recorded as income.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Company assesses investments for impairment whenever events or changes in circumstances indicate that the carrying value of an investment may not be recoverable. Management reviewed the underlying net assets of the investees as of March 31, 2021 and determined that the Company&#8217;s proportionate economic interest in the investees indicate that the investments were not impaired. The carrying value of our equity method and cost method investments is reported as &#8220;investments&#8221; on the condensed consolidated balance sheets. Notes 3 and 7 contain additional information on our equity method and cost method investments.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The major classes of assets and liabilities included as part of discontinued operations as of December 31, 2020 are as follows (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td colspan="10" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>December 31, 2020</b></font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Convergent</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Strong Outdoor</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Total</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 49%"><font style="font-size: 10pt">Accounts receivable, net</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 14%; text-align: right"><font style="font-size: 10pt">3,065</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 14%; text-align: right"><font style="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;-</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 14%; text-align: right"><font style="font-size: 10pt">3,065</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Inventories, net</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">312</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">312</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">Other current assets</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">371</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">371</font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 20pt"><font style="font-size: 10pt">Total current assets of discontinued operations</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">3,748</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">3,748</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 10pt">Property, plant and equipment, net</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">3,172</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">3,172</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Intangible assets, net</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">753</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">753</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 10pt">Operating lease right-of-use assets</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">212</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">212</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">Finance lease right-of-use assets</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">2,235</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">2,235</font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 1.5pt; padding-left: 20pt"><font style="font-size: 10pt">Total long-term assets of discontinued operations</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">6,372</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">6,372</font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 2.5pt; padding-left: 10pt"><font style="font-size: 10pt">Total assets of discontinued operations</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">10,120</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">10,120</font></td> <td style="padding-bottom: 2.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">&#160;</td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Accounts payable</font></td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">449</font></td> <td>&#160;</td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td><font style="font-size: 10pt">$</font></td> <td style="text-align: right"><font style="font-size: 10pt">449</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 10pt">Accrued expenses</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">812</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">812</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Current portion of long-term debt</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">1,075</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">1,075</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 10pt">Current portion of operating lease obligation</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">108</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">108</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Current portion of finance lease obligation</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">859</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">859</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">Deferred revenue and customer deposits</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">598</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">598</font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-left: 20pt"><font style="font-size: 10pt">Total current liabilities of discontinued operations</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">3,901</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">3,901</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 10pt">Long-term debt, net of current portion</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">2,340</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">2,340</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Operating lease obligation, net of current portion</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">107</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">107</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 10pt">Finance lease obligation, net of current portion</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">1,530</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">1,530</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">Other long-term liabilities</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">89</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">89</font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 1.5pt; padding-left: 20pt"><font style="font-size: 10pt">Total long-term liabilities of discontinued operations</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">4,066</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">4,066</font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 2.5pt; padding-left: 10pt"><font style="font-size: 10pt">Total liabilities of discontinued operations</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">7,967</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">7,967</font></td> <td style="padding-bottom: 2.5pt">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The major line items constituting the net income (loss) from discontinued operations are as follows (in thousands):</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="10" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Three Months Ended March 31, 2021</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="10" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Three Months Ended March 31, 2020</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Convergent</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Strong Outdoor</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Total</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Convergent</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Strong Outdoor</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Total</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 34%"><font style="font-size: 10pt">Net revenues</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 8%; text-align: right"><font style="font-size: 10pt">1,472</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 8%; text-align: right"><font style="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;-</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 8%; text-align: right"><font style="font-size: 10pt">1,472</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 8%; text-align: right"><font style="font-size: 10pt">4,963</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 8%; text-align: right"><font style="font-size: 10pt">1,197</font></td> <td style="width: 1%">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%"><font style="font-size: 10pt">$</font></td> <td style="width: 8%; text-align: right"><font style="font-size: 10pt">6,160</font></td> <td style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">Cost of revenues</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">746</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">746</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">2,940</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">836</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">3,776</font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Gross profit</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">726</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">726</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">2,023</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">361</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">2,384</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">Selling and administrative expenses</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">1,241</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">1,241</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">1,101</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">704</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">1,805</font></td> <td style="padding-bottom: 1.5pt">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt"><font style="font-size: 10pt">(Loss) income from operations</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(515</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(515</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">922</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(343</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">579</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td><font style="font-size: 10pt">Gain on Convergent transaction</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">14,937</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">14,937</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><font style="font-size: 10pt">Gain on Firefly transaction</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">270</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">270</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">Other expense</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">(39</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">(39</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">(184</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">(184</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-left: 10pt"><font style="font-size: 10pt">Income (loss) from discontinued operations</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">14,383</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">-</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">14,383</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">738</font></td> <td>&#160;</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">(73</font></td> <td><font style="font-size: 10pt">)</font></td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right"><font style="font-size: 10pt">665</font></td> <td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">Income tax expense</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">(58</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">(58</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">(58</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: black 1.5pt solid">&#160;</td> <td style="border-bottom: black 1.5pt solid; text-align: right"><font style="font-size: 10pt">(58</font></td> <td style="padding-bottom: 1.5pt"><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding-bottom: 2.5pt; padding-left: 10pt"><font style="font-size: 10pt">Total net income (loss) from discontinued operations</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">14,325</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">-</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">14,325</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">680</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">(73</font></td> <td style="padding-bottom: 2.5pt"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 2.5pt">&#160;</td> <td style="border-bottom: black 2.25pt double"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">607</font></td> <td style="padding-bottom: 2.5pt">&#160;</td></tr> </table> FGF records realized and unrealized gains and losses on investments in net investment income (loss), which is included in the revenue line above. EX-101.SCH 7 btn-20210331.xsd XBRL SCHEMA FILE 00000001 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 00000002 - Statement - Condensed Consolidated Balance Sheets link:presentationLink link:calculationLink link:definitionLink 00000003 - Statement - Condensed Consolidated Balance Sheets (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 00000004 - Statement - Condensed Consolidated Statements of Operations (Unaudited) link:presentationLink link:calculationLink link:definitionLink 00000005 - Statement - Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) link:presentationLink link:calculationLink link:definitionLink 00000006 - Statement - Condensed Consolidated Statements of Stockholders' Equity (Unaudited) link:presentationLink link:calculationLink link:definitionLink 00000007 - Statement - Condensed Consolidated Statements of Cash Flows (Unaudited) link:presentationLink link:calculationLink link:definitionLink 00000008 - Disclosure - Nature of Operations link:presentationLink link:calculationLink link:definitionLink 00000009 - Disclosure - Summary of Significant Accounting Policies link:presentationLink link:calculationLink link:definitionLink 00000010 - Disclosure - Discontinued Operations link:presentationLink link:calculationLink link:definitionLink 00000011 - Disclosure - Revenue link:presentationLink link:calculationLink link:definitionLink 00000012 - Disclosure - Loss Per Common Share link:presentationLink link:calculationLink link:definitionLink 00000013 - Disclosure - Inventories link:presentationLink link:calculationLink link:definitionLink 00000014 - Disclosure - Investments link:presentationLink link:calculationLink link:definitionLink 00000015 - Disclosure - Property, Plant and Equipment, Net link:presentationLink link:calculationLink link:definitionLink 00000016 - Disclosure - Goodwill link:presentationLink link:calculationLink link:definitionLink 00000017 - Disclosure - Debt link:presentationLink link:calculationLink link:definitionLink 00000018 - Disclosure - Leases link:presentationLink link:calculationLink link:definitionLink 00000019 - Disclosure - Income Taxes link:presentationLink link:calculationLink link:definitionLink 00000020 - Disclosure - Stock Compensation link:presentationLink link:calculationLink link:definitionLink 00000021 - Disclosure - Commitments, Contingencies and Concentrations link:presentationLink link:calculationLink link:definitionLink 00000022 - Disclosure - Business Segment Information link:presentationLink link:calculationLink link:definitionLink 00000023 - Disclosure - Summary of Significant Accounting Policies (Policies) link:presentationLink link:calculationLink link:definitionLink 00000024 - Disclosure - Summary of Significant Accounting Policies (Tables) link:presentationLink link:calculationLink link:definitionLink 00000025 - Disclosure - Discontinued Operations (Tables) link:presentationLink link:calculationLink link:definitionLink 00000026 - Disclosure - Revenue (Tables) link:presentationLink link:calculationLink link:definitionLink 00000027 - Disclosure - Loss Per Common Share (Tables) link:presentationLink link:calculationLink link:definitionLink 00000028 - Disclosure - Inventories (Tables) link:presentationLink link:calculationLink link:definitionLink 00000029 - Disclosure - Investments (Tables) link:presentationLink link:calculationLink link:definitionLink 00000030 - Disclosure - Property, Plant and Equipment, Net (Tables) link:presentationLink link:calculationLink link:definitionLink 00000031 - Disclosure - Goodwill (Tables) link:presentationLink link:calculationLink link:definitionLink 00000032 - Disclosure - Debt (Tables) link:presentationLink link:calculationLink link:definitionLink 00000033 - Disclosure - Leases (Tables) link:presentationLink link:calculationLink link:definitionLink 00000034 - Disclosure - Stock Compensation (Tables) link:presentationLink link:calculationLink link:definitionLink 00000035 - Disclosure - Business Segment Information (Tables) link:presentationLink link:calculationLink link:definitionLink 00000036 - Disclosure - Summary of Significant Accounting Policies (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000037 - Disclosure - Summary of Significant Accounting Policies - Schedule of Fair Value Measured Financial Assets and Liabilities (Details) link:presentationLink link:calculationLink link:definitionLink 00000038 - Disclosure - Discontinued Operations (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000039 - Disclosure - Discontinued Operations - Schedule of Financial Results of Discontinued Operations (Details) link:presentationLink link:calculationLink link:definitionLink 00000040 - Disclosure - Revenue (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000041 - Disclosure - Revenue - Schedule of Disaggregation of Revenue (Major Source) (Details) link:presentationLink link:calculationLink link:definitionLink 00000042 - Disclosure - Revenue - Schedule of Disaggregation of Revenue (Timing of Transfer) (Details) link:presentationLink link:calculationLink link:definitionLink 00000043 - Disclosure - Loss Per Common Share (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000044 - Disclosure - Loss Per Common Share - Schedule of Reconciliation Weighted Average Between Basic and Diluted Earnings Per Share (Details) link:presentationLink link:calculationLink link:definitionLink 00000045 - Disclosure - Inventories (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000046 - Disclosure - Inventories - Schedule of Inventories (Details) link:presentationLink link:calculationLink link:definitionLink 00000047 - Disclosure - Investments (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000048 - Disclosure - Investments - Summary of Investments (Details) link:presentationLink link:calculationLink link:definitionLink 00000049 - Disclosure - Investments - Summary of Income (Loss) of Equity Method Investees (Details) link:presentationLink link:calculationLink link:definitionLink 00000050 - Disclosure - Investments - Summarized Financial Information (Details) link:presentationLink link:calculationLink link:definitionLink 00000051 - Disclosure - Property, Plant and Equipment, Net - Schedule of Property, Plant and Equipment, Net (Details) link:presentationLink link:calculationLink link:definitionLink 00000052 - Disclosure - Goodwill - Summary of Changes in Carrying Amount of Goodwill (Details) link:presentationLink link:calculationLink link:definitionLink 00000053 - Disclosure - Debt (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000054 - Disclosure - Debt - Schedule of Short-Term Debt (Details) link:presentationLink link:calculationLink link:definitionLink 00000055 - Disclosure - Debt - Schedule of Short-Term Debt (Details) (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 00000056 - Disclosure - Leases (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000057 - Disclosure - Leases - Schedule of Lease Costs And Other Lease Information (Details) link:presentationLink link:calculationLink link:definitionLink 00000058 - Disclosure - Leases - Schedule of Future Minimum Lease Payments (Details) link:presentationLink link:calculationLink link:definitionLink 00000059 - Disclosure - Income Taxes (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000060 - Disclosure - Stock Compensation (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000061 - Disclosure - Stock Compensation - Summary of Stock Options Activities (Details) link:presentationLink link:calculationLink link:definitionLink 00000062 - Disclosure - Stock Compensation - Summary of Restricted Stock Activity (Details) link:presentationLink link:calculationLink link:definitionLink 00000063 - Disclosure - Commitments, Contingencies and Concentrations (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000064 - Disclosure - Business Segment Information - Schedule of Segment Reporting Information by Segment (Details) link:presentationLink link:calculationLink link:definitionLink 00000065 - Disclosure - Business Segment Information - Reconciliation of Assets from Segment to Consolidated (Details) link:presentationLink link:calculationLink link:definitionLink 00000066 - Disclosure - Business Segment Information - Schedule of Segment Reporting Information by Geographic Area (Details) link:presentationLink link:calculationLink link:definitionLink 00000067 - Disclosure - Business Segment Information - Summary of Identifiable Assets by Geographical Area (Details) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 8 btn-20210331_cal.xml XBRL CALCULATION FILE EX-101.DEF 9 btn-20210331_def.xml XBRL DEFINITION FILE EX-101.LAB 10 btn-20210331_lab.xml XBRL LABEL FILE Product and Service [Axis] Product [Member] Service [Member] Equity Components [Axis] Common Stock [Member] Additional Paid-In Capital [Member] Retained Earnings [Member] Treasury Stock [Member] Accumulated Other Comprehensive Loss [Member] Deferred Revenue Arrangement Type [Axis] Major Source [Member] Timing of Transfer [Member] Fair Value, Hierarchy [Axis] Level 1 [Member] Level 2 [Member] Level 3 [Member] Type of Arrangement and Non-arrangement Transactions [Axis] Equity Purchase Agreement [Member] Legal Entity [Axis] SageNet LLC [Member] Firefly Systems, Inc. [Member] Taxicab Advertising Collaboration Agreement [Member] Class of Stock [Axis] Series A-2 Preferred Shares [Member] Master Lease Agreement [Member] Asset Purchase Agreement [Member] Strong Digital Media, LLC [Member] Series A-3 Preferred Shares [Member] Firefly Series A-2 Shares [Member] Firefly Series A-3 Shares [Member] Master Services Agreement [Member] Segments [Axis] Convergent [Member] Strong Outdoor [Member] Award Date [Axis] During 2021 [Member] During 2022 [Member] Strong Entertainment [Member] Income Statement Location [Axis] Screen System Sales [Member] Other [Member] Digital Equipment Sales [Member] Extended Warranty Sales [Member] Other Product Sales [Member] Field Maintenance and Monitoring Services [Member] Installation Services [Member] Other Service Revenues [Member] Timing of Transfer of Good or Service [Axis] Transferred at Point in Time [Member] Transferred Over Time [Member] Antidilutive Securities [Axis] Common Stock Equivalents [Member] FG Financial Group, Inc. [Member] Range [Axis] Minimum [Member] GreenFirst Forest Products Inc. [Member] GreenFirst Purchase Agreement [Member] Subsequent Event Type [Axis] Subsequent Event [Member] Award Type [Axis] Canadian Dollar [Member] Equity Method Investees [Member] Stock Purchase Agreement [Member] Credit Facility [Axis] Line of Credit [Member] Demand Credit Agreement [Member] Debt Instrument [Axis] 20-year Installment Loan [Member] 5-year Installment Loan [Member] Variable Rate [Axis] Prime Rate [Member] Short-term Debt, Type [Axis] Strong/MDI 20-Year Installment Loan [Member] Strong/MDI 5-Year Equipment Loan [Member] Settlement Agreement [Member] Selling and Administrative Expenses [Member] Plan Name [Axis] Year 2017 Plan [Member] Stock Options [Member] Restricted Stock Shares and Restricted Stock Units [Member] Restricted Stock Shares [Member] Concentration Risk Type [Axis] Customer Concentration Risk [Member] Concentration Risk Benchmark [Axis] Sales Revenue, Net [Member] Customer [Axis] Top 10 Customers [Member] Accounts Receivable [Member] One Customer [Member] Corporate Assets [Member] Discontinued Operations [Member] Geographical [Axis] United States [Member] Canada [Member] China [Member] Mexico [Member] Latin America [Member] Europe [Member] Asia (Excluding China) [Member] Other [Member] Options To Purchase Shares of Common Stock [Member] Long-Lived Tangible Asset [Axis] Land [Member] Buildings and Improvements [Member] Machinery and Other Equipment [Member] Office Furniture and Fixtures [Member] OConstruction in Progress [Member] Cover [Abstract] Entity Registrant Name Entity Central Index Key Document Type Document Period End Date Amendment Flag Current Fiscal Year End Date Entity Reporting Status Current Entity Interactive Data Current Entity Filer Category Entity Small Business Flag Entity Emerging Growth Company Entity Shell Company Entity Common Stock, Shares Outstanding Document Fiscal Period Focus Document Fiscal Year Focus Statement of Financial Position [Abstract] Assets Current assets: Cash and cash equivalents Restricted cash Accounts receivable (net of allowance for doubtful accounts of $958 and $1,006, respectively) Inventories, net Current assets of discontinued operations Other current assets Total current assets Property, plant and equipment, net Operating lease right-of-use assets Finance lease right-of-use assets Note receivable, net of current portion Investments Intangible assets, net Goodwill Long-term assets of discontinued operations Other assets Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued expenses Short-term debt Current portion of operating lease obligations Current portion of finance lease obligations Deferred revenue and customer deposits Current liabilities of discontinued operations Total current liabilities Operating lease obligations, net of current portion Finance lease obligations, net of current portion Deferred income taxes Long-term liabilities of discontinued operations Other long-term liabilities Total liabilities Commitments, contingencies and concentrations (Note 14) Stockholders' equity: Preferred stock, par value $.01 per share; authorized 1,000 shares, none outstanding Common stock, par value $.01 per share; authorized 25,000 shares; issued 21,095 and 17,596 shares at March 31, 2021 and December 31, 2020, respectively; outstanding 18,301 and 14,802 shares at March 31, 2021 and December 31, 2020, respectively Additional paid-in capital Retained earnings Treasury stock, 2,794 shares at cost Accumulated other comprehensive loss Total stockholders' equity Total liabilities and stockholders' equity Allowance for doubtful accounts receivable Preferred stock par value Preferred stock, shares authorized Preferred stock, shares outstanding Common stock par value Common stock, shares authorized Common stock, shares issued Common stock, shares outstanding Common shares in treasury, shares Statement [Table] Statement [Line Items] Total net revenues Total cost of revenues Gross profit Selling and administrative expenses: Selling Administrative Total selling and administrative expenses Loss from operations Other income (expense): Interest income Interest expense Foreign currency transaction gain Other income, net Total other income Loss from continuing operations before income taxes and equity method investment loss Income tax expense Equity method investment (loss) income Net loss from continuing operations Net income from discontinued operations (Note 3) Net income (loss) Basic and diluted net income (loss) per share Continuing operations Discontinued operations Basic and diluted net income (loss) per share Weighted-average shares used in computing net income (loss) per share: Basic Diluted Statement of Comprehensive Income [Abstract] Net income (loss) Adjustment to postretirement benefit obligation Unrealized loss on available-for-sale securities of equity method investments, net of tax Currency translation adjustment: Unrealized net change arising during period Total other comprehensive loss Comprehensive income (loss) Balance Balance, shares Net other comprehensive loss Vesting of restricted stock Vesting of restricted stock, shares Issuance of common stock, net of issuance costs Issuance of common stock, net of issuance costs, shares Stock-based compensation expense Balance Balance, shares Statement of Cash Flows [Abstract] Cash flows from operating activities: Net loss from continuing operations Adjustments to reconcile net loss from continuing operations to net cash used in operating activities: (Recovery of) provision for doubtful accounts (Benefit from) provision for obsolete inventory Provision for warranty Depreciation and amortization Amortization and accretion of operating leases Equity method investment loss (gain) Deferred income taxes Stock-based compensation expense Changes in operating assets and liabilities: Accounts receivable Inventories Current income taxes Other assets Accounts payable and accrued expenses Deferred revenue and customer deposits Operating lease obligations Net cash (used in) provided by operating activities from continuing operations Net cash provided by operating activities from discontinued operations Net cash (used in) provided by operating activities Cash flows from investing activities: Capital expenditures Net cash used in investing activities from continuing operations Net cash provided by (used in) investing activities from discontinued operations Net cash provided by (used in) investing activities Cash flows from financing activities: Principal payments on short-term debt Proceeds from stock issuance, net of costs Payments of withholding taxes related to net share settlement of equity awards Payments on capital lease obligations Net cash provided by (used in) financing activities from continuing operations Net cash used in financing activities from discontinued operations Net cash provided by (used in) financing activities Effect of exchange rate changes on cash and cash equivalents Net increase (decrease) in cash and cash equivalents and restricted cash from continuing operations Net increase in cash and cash equivalents and restricted cash from discontinued operations Net increase (decrease) in cash and cash equivalents and restricted cash Cash and cash equivalents and restricted cash at beginning of period Cash and cash equivalents and restricted cash at end of period Components of cash and cash equivalents and restricted cash: Cash and cash equivalents Restricted cash Total cash and cash equivalents and restricted cash Supplemental disclosure of non-cash investing and financing activities: Short-term borrowings to finance insurance Organization, Consolidation and Presentation of Financial Statements [Abstract] Nature of Operations Accounting Policies [Abstract] Summary of Significant Accounting Policies Discontinued Operations and Disposal Groups [Abstract] Discontinued Operations Revenue from Contract with Customer [Abstract] Revenue Earnings Per Share [Abstract] Loss Per Common Share Inventory Disclosure [Abstract] Inventories Equity Method Investments and Joint Ventures [Abstract] Investments Property, Plant and Equipment [Abstract] Property, Plant and Equipment, Net Goodwill and Intangible Assets Disclosure [Abstract] Goodwill Debt Disclosure [Abstract] Debt Leases [Abstract] Leases Income Tax Disclosure [Abstract] Income Taxes Share-based Payment Arrangement [Abstract] Stock Compensation Commitments and Contingencies Disclosure [Abstract] Commitments, Contingencies and Concentrations Segment Reporting [Abstract] Business Segment Information Basis of Presentation and Principles of Consolidation Use of Management Estimates Restricted Cash Accounts Receivable Investments Fair Value of Financial Instruments Recently Adopted Accounting Pronouncements Recently Issued Accounting Pronouncements Schedule of Fair Value Measured Financial Assets and Liabilities Schedule of Financial Results of Discontinued Operations Schedule of Disaggregation of Revenue Schedule of Reconciliation Weighted Average Between Basic and Diluted Earnings Per Share Schedule of Inventories Summary of Investments Summary of Income (Loss) of Equity Method Investees Summarized Financial Information Schedule of Property, Plant and Equipment, Net Summary of Changes in Carrying Amount of Goodwill Schedule of Short-term Debt Schedule of Lease Costs and Other Lease Information Schedule of Future Minimum Lease Payments Summary of Stock Options Activities Summary of Restricted Stock Activity Schedule of Segment Reporting Information by Segment Reconciliation of Assets from Segment to Consolidated Schedule of Segment Reporting Information by Geographic Area Summary of Identifiable Assets by Geographical Area Quoted fair value of company's ownership Outstanding deferred rent Fair Value, by Balance Sheet Grouping [Table] Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] Fair Value Hierarchy and NAV [Axis] Cash and cash equivalents Total Collaborative Arrangement and Arrangement Other than Collaborative [Axis] Series [Axis] Equity method ownership percentage Cash Promissory note Proceeds from related party Value of equity interest Gain on sale of convergent Consideration received for agreement Number of shares repurchased, value Investment Gain on firefly transaction Cash consideration amount Gain on asset purchase transaction Number of shares hold, value Shares issued Accounts receivable, net Inventories, net Other current assets Total current assets of discontinued operations Property, plant and equipment, net Intangible assets, net Operating lease right-of-use assets Finance lease right-of-use assets Total long-term assets of discontinued operations Total assets of discontinued operations Accounts payable Accrued expenses Current portion of long-term debt Current portion of operating lease obligation Current portion of finance lease obligation Deferred revenue and customer deposits Total current liabilities of discontinued operations Long-term debt, net of current portion Operating lease obligation, net of current portion Finance lease obligation, net of current portion Other long-term liabilities Total long-term liabilities of discontinued operations Total liabilities of discontinued operations Net revenues Cost of revenues Gross profit Selling and administrative expenses (Loss) income from operations Gain on Convergent transaction Gain on Firefly transaction Other expense Income (loss) from discontinued operations Income tax expense Deferred contract costs Unearned revenue Disaggregation of Revenue [Table] Disaggregation of Revenue [Line Items] Anti dilutive securities excluded from computation of earnings per share Basic weighted average shares outstanding Dilutive effect of stock options and certain non-vested restricted stock awards Diluted weighted average shares outstanding Inventory valuation reserves Raw materials and components Work in process Finished goods Inventories net Schedule of Equity Method Investments [Table] Schedule of Equity Method Investments [Line Items] Statistical Measurement [Axis] Number of shares of common stock Decreased number of outstanding shares Combined equity ownership percentage Dividend received Quoted fair value of the company's ownership Purchase price Subscription price per share Commitment for rights offering Accumulated deficit Purchase of preferred stock Equity method investments, Carrying Amount Equity method investments, Economic Interest Cost method investment, Carrying Amount Total Investments Equity method investment income (loss) Revenue Operating (loss) income Net (loss) income Total properties, cost Less: accumulated depreciation Property, plant and equipment, net Beginning balance Foreign currency translation adjustment Ending balance Schedule of Long-term Debt Instruments [Table] Debt Instrument [Line Items] Line of credit facility, maximum borrowing capacity Loan term Interest rate on lender of installment loans Description on effective equity Maximum liabilities to effective equity Minimum current ratio Minimum effective equity Proceeds from issuance of debt Debt bearing interest fixed rate Description on paycheck protection program Short-term ( Strong/MDI installment loan ) Insurance note payable Total short-term debt Operating lease, expire term Finance lease, expire term Remaining payments contractually Lease, option to extend amount Lease, description Finance lease cost: Amortization of right-of-use assets Finance lease cost: Interest on lease liabilities Operating lease cost Short-term lease cost Sublease income Net lease cost Operating cash flows from finance leases Operating cash flows from operating leases Financing cash flows from finance leases Right-of-use assets obtained in exchange for new finance lease liabilities Right-of-use assets obtained in exchange for new operating lease liabilities Weighted-average remaining lease term - finance leases (years) Weighted-average remaining lease term - operating leases (years) Weighted-average discount rate - finance leases Weighted-average discount rate - operating leases Operating Leases, Remainder of 2021 Operating Leases, 2022 Operating Leases, 2023 Operating Leases, 2024 Operating Leases, 2025 Operating Leases, Thereafter Operating Leases, Total lease payments Less: Amount representing interest Present value of lease payments Less: Current maturities Lease obligations, net of current portion Finance Leases, Remainder of 2021 Finance Leases, 2022 Finance Leases, 2023 Finance Leases, 2024 Finance Leases, 2025 Finance Leases, Thereafter Finance Leases, Total lease payments Less: Amount representing interest Present value of lease payments Less: Current maturities Lease obligations, net of current portion Deferred tax assets Share based compensation expense Number of shares authorized for issuance Share based compensation extended expiration date Share based compensation arrangement, number of shares available for grant Share-based compensation arrangement by share-based payment award, options, non-vested, number Unrecognized compensation cost related to stock option awards Compensation cost expected to be recognized, weighted average period Unrecognized for restricted stock, value Number of Options, Outstanding Beginning Balance Number of Options, Granted Number of Options, Exercised Number of Options, Forfeited Number of Options, Expired Number of Options, Outstanding Ending Balance Number of Options, Exercisable Weighted Average Exercise Price Per Share, Outstanding Beginning Balance Weighted Average Exercise Price Per Share, Granted Weighted Average Exercise Price Per Share, Forfeited Weighted Average Exercise Price Per Share, Expired Weighted Average Exercise Price Per Share, Outstanding Ending Balance Weighted Average Exercise Price Per Share, Exercisable Weighted Average Remaining Contractual Term (Years), Beginning Balance Weighted Average Remaining Contractual Term (Years), Ending Balance Weighted Average Remaining Contractual Term (Years), Exercisable Aggregate Intrinsic Value, Beginning Balance Aggregate Intrinsic Value, Ending Balance Aggregate Intrinsic Value, Exercisable Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Number of Restricted Stock, Non-vested beginning balance Number of Restricted Stock, Granted Number of Restricted Stock, Shares vested Number of Restricted Stock, Shares forfeited Number of Restricted Stock, Non-vested ending balance Weighted Average Grant Date Fair Value, Non-vested beginning balance Weighted Average Grant Date Fair Value, Granted Weighted Average Grant Date Fair Value, Shares vested Weighted Average Grant Date Fair Value, Forfeited Weighted Average Grant Date Fair Value, Non-vested ending balance Concentration Risk [Table] Concentration Risk [Line Items] Concentration risk, percentage Schedule of Segment Reporting Information, by Segment [Table] Segment Reporting Information [Line Items] Total gross profit Total segment operating income Unallocated administrative expenses Loss from operations Other income, net Loss from continuing operations before income taxes and equity method investment loss Reconciliation of Assets from Segment to Consolidated [Table] Segment Reporting, Asset Reconciling Item [Line Items] Identifiable assets Net revenues Deferred revenue and customer deposits,current. (Benefit) provision for warranty. Amortization and accretion of operating leases. Increase decrease in operating lease obligations. Repayments of short term debt excluding lines of credit. Payments of withholding taxes related to net share settlement of equity awards. Net increase (decrease) in cash and cash equivalents and restricted cash from continuing operations. Net increase in cash and cash equivalents and restricted cash from discontinued operations. Total cash and cash equivalents and restricted cash. Short-term borrowings to finance insurance. Lessee operating leases and finance [Text Block] Recently Adopted Accounting Pronouncements [Policy Text Block] Major source [Member]. Timing of transfer [Member]. Tabular disclosure of the entity's proportionate share for the period of the net income(loss) of its investees to which the equity method of accounting is applied. Summarized Financial info of Equity Method [Table Text Block] Schedule Of Finance And Operating Lease Liabilities Future Minimum Lease Payments [Table Text Block] Equity Purchase Agreement [Member] SageNet LLC [Member] Firefly Systems, Inc. [Member] Taxicab Advertising Collaboration Agreement [Member] Series A-2 Preferred Shares [Member] Master Lease Agreement [Member] Asset Purchase Agreement [Member] Strong Digital Media, LLC [Member] Series A-3 Preferred Shares [Member] Firefly Series A-2 Shares [Member] Firefly Series A-3 Shares [Member] Master Services Agreement [Member] Value of equity interest. Consideration received for agreement. Gain on transaction. Gain on asset purchase transaction. Number of shares hold, value. Convergent [Member] Strong Outdoor [Member] Disposal group, including discontinued operation, operating lease right-of-use assets. Disposal group, including discontinued operation finance lease right-of-use assets. Disposal group, including discontinued operation long term debt current. Disposal Group, Including Discontinued Operation, Current portion of operating lease obligation. Disposal Group, Including Discontinued Operation, Current portion of finance lease obligation. Disposal group, including discontinued operation long-term debt, net of current portion. Disposal Group, Including Discontinued Operation, Operating lease obligation, net of current portion. Disposal Group, Including Discontinued Operation, Finance lease obligation, net of current portion. Disposal group including discontinued operation other long-term liabilities. Disposal group including discontinued operation gain on convergent transaction. Disposal Group, Including Discontinued Operation, Gain on transaction. Disposal Group, Including Discontinued Operation, (Loss) income from discontinued operations. Disposal Group, Including Discontinued Operation, income tax expense. During 2021 [Member] During 2022 [Member] Strong Entertainment [Member] Screen System Sales [Member] Digital Equipment Sales [Member] Extended Warranty Sales [Member] Other Product Sales [Member] Field Maintenance and Monitoring Services [Member] Installation Services [Member] Other Service Revenues [Member] Stock Option In Which Exercise Price Exceeds The Average Market Price [Member] CommonStockEquivalents [Member] FG Financial Group, Inc. [Member] GreenFirst Forest Products Inc [Member] GreenFirst Purchase Agreement [Member] Canadian Dollar [Member] Equity Method Investees [Member] Stock Purchase Agreement [Member] Decreased number of outstanding shares. The minimum amount of the combined ownership percentage of the entity and company's CEO. Subscription price per share. Commitment for rights offering. Purchase of preferred stock. Equity method investments revenue. Equity method investments operating (loss) income. Equity method investments net (loss) income. Software in Service [Member] Product Formulation [Member] Demand Credit Agreement [Member] 20-year Installment Loan [Member] 5-year Installment Loan [Member] Description on effective equity. Maxium amount allowed to be in compliance with debt covenants of liabilities divided by the tangible stockholders' equity less amounts receivable from affilities and equity method investments. Minimum amount allowed to be in compliance with debt covenants of current assets (excluding amounts due from related parties) divided by current liabilities. Minimum effective equity to required to maintain compliance with debt covenant. Description on paycheck protection program. Strong MDI Twenty Year Installment Loan [Member] Strong MDI Five Year Equipment Loan [Member] Settlement Agreement [Member] Operating lease expire. Finance lease, expire term. Lease, Option to extend amount. Lessee, operating Lease, liability, to be paid, after year four. Finance lease, liability, to be paid, after year four. Year 2017 Plan [Member] Restricted Stock Shares and Restricted Stock Units [Member] Weighted average remaining contractual term for option awards outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Restricted Stock Shares [Member] Top 10 Customers [Member] One Customer [Member] Segment operating income. Unallocated administrative expenses. Corporate Assets [Member] Discontinued operations. Represents the geographical region of Asia excluding China, where the entity operates. Represents other geographic areas which have not been specified elsewhere in the taxonomy. Options To Purchase Shares of Common Stock [Member] Office Furniture and Fixtures [Member] Other Countries [Member] Assets, Current Liabilities, Current Liabilities Treasury Stock, Value Stockholders' Equity Attributable to Parent Liabilities and Equity Selling, General and Administrative Expense Interest Expense, Other Nonoperating Income (Expense) Income Tax Expense (Benefit) Earnings Per Share, Basic and Diluted Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax and Reclassification Adjustment, Attributable to Parent Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent Comprehensive Income (Loss), Net of Tax, Attributable to Parent Shares, Outstanding Deferred Income Tax Expense (Benefit) Share-based Payment Arrangement, Noncash Expense Increase (Decrease) in Accounts Receivable Increase (Decrease) in Inventories Increase (Decrease) in Other Operating Assets Increase (Decrease) in Contract with Customer, Liability Net Cash Provided by (Used in) Operating Activities, Continuing Operations Net Cash Provided by (Used in) Operating Activities Net Cash Provided by (Used in) Investing Activities, Continuing Operations Net Cash Provided by (Used in) Investing Activities RepaymentsOfShortTermDebtExcludingLinesOfCredit Cash held in foreign subsidiaries Net Cash Provided by (Used in) Financing Activities, Continuing Operations Net Cash Provided by (Used in) Financing Activities Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations Net Revenue [Member] Equity Method Investments and Joint Ventures Disclosure [Text Block] Goodwill Disclosure [Text Block] Equity Method Investments [Policy Text Block] Cash and Cash Equivalents, Fair Value Disclosure Disposal Group, Including Discontinued Operation, Inventory, Current Disposal Group, Including Discontinued Operation, Other Assets, Current Disposal Group, Including Discontinued Operation, Property, Plant and Equipment, Noncurrent Disposal Group, Including Discontinued Operation, Intangible Assets, Current DisposalGroupIncludingDiscontinuedOperationOperatingLeaseRightOfUseAssets DisposalGroupIncludingDiscontinuedOperationFinanceLeaseRightOfUseAssets Disposal Group, Including Discontinued Operation, Accounts Payable, Current Disposal Group, Including Discontinued Operation, Accrued Liabilities, Current Disposal Group, Including Discontinued Operation, Deferred Revenue, Current Adjusted carrying amount of assets Disposal Group, Including Discontinued Operation, Other Expense The 2005 Plan [Member] Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment Sublease Income Lease, Cost Lessee, Operating Lease, Liability, to be Paid Lessee, Operating Lease, Liability, Undiscounted Excess Amount Finance Lease, Liability, Payment, Due Finance Lease, Liability, Undiscounted Excess Amount Finance Lease, Liability Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period Share-based Compensation Arrangement by Share-based Payment Award, Options, Expirations in Period Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value Other Operating Income (Expense), Net EX-101.PRE 11 btn-20210331_pre.xml XBRL PRESENTATION FILE XML 12 R1.htm IDEA: XBRL DOCUMENT v3.21.1
Document and Entity Information - shares
3 Months Ended
Mar. 31, 2021
May 03, 2021
Cover [Abstract]    
Entity Registrant Name BALLANTYNE STRONG, INC.  
Entity Central Index Key 0000946454  
Document Type 10-Q  
Document Period End Date Mar. 31, 2021  
Amendment Flag false  
Current Fiscal Year End Date --12-31  
Entity Reporting Status Current Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Non-accelerated Filer  
Entity Small Business Flag true  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding   18,301,544
Document Fiscal Period Focus Q1  
Document Fiscal Year Focus 2021  
XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 22,317 $ 4,435
Restricted cash 150 352
Accounts receivable (net of allowance for doubtful accounts of $958 and $1,006, respectively) 4,565 5,558
Inventories, net 2,340 2,264
Current assets of discontinued operations 3,748
Other current assets 1,769 1,452
Total current assets 31,141 17,809
Property, plant and equipment, net 5,430 5,524
Operating lease right-of-use assets 4,152 4,304
Finance lease right-of-use assets 3 4
Note receivable, net of current portion 2,292
Investments 19,484 20,167
Intangible assets, net 282 353
Goodwill 950 938
Long-term assets of discontinued operations 6,372
Other assets 1,530 28
Total assets 65,264 55,499
Current liabilities:    
Accounts payable 2,333 2,717
Accrued expenses 2,324 2,182
Short-term debt 3,674 3,299
Current portion of operating lease obligations 607 619
Current portion of finance lease obligations 1,047 1,015
Deferred revenue and customer deposits 2,466 2,404
Current liabilities of discontinued operations 3,901
Total current liabilities 12,451 16,137
Operating lease obligations, net of current portion 3,672 3,817
Finance lease obligations, net of current portion 817 1,091
Deferred income taxes 2,991 3,099
Long-term liabilities of discontinued operations 4,066
Other long-term liabilities 241 223
Total liabilities 20,172 28,433
Commitments, contingencies and concentrations (Note 14)  
Stockholders' equity:    
Preferred stock, par value $.01 per share; authorized 1,000 shares, none outstanding
Common stock, par value $.01 per share; authorized 25,000 shares; issued 21,095 and 17,596 shares at March 31, 2021 and December 31, 2020, respectively; outstanding 18,301 and 14,802 shares at March 31, 2021 and December 31, 2020, respectively 211 176
Additional paid-in capital 50,295 43,713
Retained earnings 17,465 5,654
Treasury stock, 2,794 shares at cost (18,586) (18,586)
Accumulated other comprehensive loss (4,293) (3,891)
Total stockholders' equity 45,092 27,066
Total liabilities and stockholders' equity $ 65,264 $ 55,499
XML 14 R3.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Statement of Financial Position [Abstract]    
Allowance for doubtful accounts receivable $ 958 $ 1,006
Preferred stock par value $ 0.01 $ 0.01
Preferred stock, shares authorized 1,000,000 1,000,000
Preferred stock, shares outstanding
Common stock par value $ 0.01 $ 0.01
Common stock, shares authorized 25,000,000 25,000,000
Common stock, shares issued 21,095,000 17,596,000
Common stock, shares outstanding 18,301,000 14,802,000
Common shares in treasury, shares 2,794,000 2,794,000
XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Total net revenues $ 4,772 $ 7,414
Total cost of revenues 3,612 5,547
Gross profit 1,160 1,867
Selling and administrative expenses:    
Selling 476 598
Administrative 2,441 3,770
Total selling and administrative expenses 2,917 4,368
Loss from operations (1,757) (2,501)
Other income (expense):    
Interest income 13 0
Interest expense (90) (127)
Foreign currency transaction gain 16 528
Other income, net 142 19
Total other income 81 420
Loss from continuing operations before income taxes and equity method investment loss (1,676) (2,081)
Income tax expense (69) (342)
Equity method investment (loss) income (769) 1,369
Net loss from continuing operations (2,514) (1,054)
Net income from discontinued operations (Note 3) 14,325 607
Net income (loss) $ 11,811 $ (447)
Basic and diluted net income (loss) per share    
Continuing operations $ (0.15) $ (0.07)
Discontinued operations 0.85 0.04
Basic and diluted net income (loss) per share $ 0.7 $ (0.03)
Weighted-average shares used in computing net income (loss) per share:    
Basic 16,835,000 14,625,000
Diluted 16,835,000 14,625,000
Product [Member]    
Total net revenues $ 3,528 $ 5,232
Total cost of revenues 2,443 3,461
Service [Member]    
Total net revenues 1,244 2,182
Total cost of revenues $ 1,169 $ 2,086
XML 16 R5.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Statement of Comprehensive Income [Abstract]    
Net income (loss) $ 11,811 $ (447)
Adjustment to postretirement benefit obligation (46) (4)
Unrealized loss on available-for-sale securities of equity method investments, net of tax (76)
Currency translation adjustment:    
Unrealized net change arising during period (356) (1,205)
Total other comprehensive loss (402) (1,285)
Comprehensive income (loss) $ 11,409 $ (1,732)
XML 17 R6.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-In Capital [Member]
Retained Earnings [Member]
Treasury Stock [Member]
Accumulated Other Comprehensive Loss [Member]
Total
Balance at Dec. 31, 2019 $ 174 $ 42,589 $ 6,001 $ (18,586) $ (4,469) $ 25,709
Balance, shares at Dec. 31, 2019 17,410,000          
Net income (loss) (447) (447)
Net other comprehensive loss (1,285) (1,285)
Vesting of restricted stock
Vesting of restricted stock, shares 35,000          
Stock-based compensation expense 273 273
Balance at Mar. 31, 2020 $ 174 42,862 5,554 (18,586) (5,754) 24,250
Balance, shares at Mar. 31, 2020 17,445,000          
Balance at Dec. 31, 2020 $ 176 43,713 5,654 (18,586) (3,891) 27,066
Balance, shares at Dec. 31, 2020 17,596,000          
Net income (loss) 11,811 11,811
Net other comprehensive loss (402) (402)
Vesting of restricted stock $ 2 (9) (7)
Vesting of restricted stock, shares 209,000          
Issuance of common stock, net of issuance costs $ 33 6,277 6,310
Issuance of common stock, net of issuance costs, shares 3,290,000          
Stock-based compensation expense 314 314
Balance at Mar. 31, 2021 $ 211 $ 50,295 $ 17,465 $ (18,586) $ (4,293) $ 45,092
Balance, shares at Mar. 31, 2021 21,095,000          
XML 18 R7.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net loss from continuing operations $ (2,514) $ (1,054)
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities:    
(Recovery of) provision for doubtful accounts (32) 747
(Benefit from) provision for obsolete inventory (3) 89
Provision for warranty 37 53
Depreciation and amortization 274 284
Amortization and accretion of operating leases 184 241
Equity method investment loss (gain) 769 (1,369)
Deferred income taxes (116) 23
Stock-based compensation expense 314 273
Changes in operating assets and liabilities:    
Accounts receivable 975 1,619
Inventories (53) (238)
Current income taxes (68) (105)
Other assets (202) (196)
Accounts payable and accrued expenses (743) 811
Deferred revenue and customer deposits 286 112
Operating lease obligations (188) (240)
Net cash (used in) provided by operating activities from continuing operations (1,080) 1,050
Net cash provided by operating activities from discontinued operations 186 1,589
Net cash (used in) provided by operating activities (894) 2,639
Cash flows from investing activities:    
Capital expenditures (47) (282)
Net cash used in investing activities from continuing operations (47) (282)
Net cash provided by (used in) investing activities from discontinued operations 12,761 (89)
Net cash provided by (used in) investing activities 12,714 (371)
Cash flows from financing activities:    
Principal payments on short-term debt (79) (55)
Proceeds from stock issuance, net of costs 6,310
Payments of withholding taxes related to net share settlement of equity awards (7)
Payments on capital lease obligations (242) (214)
Net cash provided by (used in) financing activities from continuing operations 5,982 (269)
Net cash used in financing activities from discontinued operations (155) (409)
Net cash provided by (used in) financing activities 5,827 (678)
Effect of exchange rate changes on cash and cash equivalents 33 5
Net increase (decrease) in cash and cash equivalents and restricted cash from continuing operations 4,888 504
Net increase in cash and cash equivalents and restricted cash from discontinued operations 12,792 1,091
Net increase (decrease) in cash and cash equivalents and restricted cash 17,680 1,595
Cash and cash equivalents and restricted cash at beginning of period 4,787 5,302
Cash and cash equivalents and restricted cash at end of period 22,467 6,897
Components of cash and cash equivalents and restricted cash:    
Cash and cash equivalents 22,317 6,546
Restricted cash 150 351
Total cash and cash equivalents and restricted cash 22,467 6,897
Supplemental disclosure of non-cash investing and financing activities:    
Short-term borrowings to finance insurance $ 413 $ 421
XML 19 R8.htm IDEA: XBRL DOCUMENT v3.21.1
Nature of Operations
3 Months Ended
Mar. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Nature of Operations

1. Nature of Operations

 

Ballantyne Strong, Inc. (“Ballantyne Strong” or the “Company”), a Delaware corporation, is a holding company with business operations in the entertainment industry and investments in public and privately held companies. The Company conducts its operations primarily through its Strong Entertainment operating segment, which manufactures and distributes premium large format projection screens and provides technical support services and other related products and services to the cinema exhibition industry, theme parks, schools, museums and other entertainment-related markets. Strong Entertainment also distributes and supports third party products, including digital projectors, servers, library management systems, menu boards and sound systems. The Company also operates its Digital Ignition technology incubator and co-working facility in Alpharetta, Georgia. In addition, the Company holds minority investment positions in one privately held company and two publicly traded companies.

 

In August 2020, the Company completed the sale of its Strong Outdoor business segment, and in February 2021, the Company completed the sale of its Convergent business segment. As a result of these divestitures, the Company has presented Strong Outdoor’s and Convergent’s operating results as discontinued operations for all periods presented. See Note 3 for additional details.

XML 20 R9.htm IDEA: XBRL DOCUMENT v3.21.1
Summary of Significant Accounting Policies
3 Months Ended
Mar. 31, 2021
Accounting Policies [Abstract]  
Summary of Significant Accounting Policies

2. Summary of Significant Accounting Policies

 

Basis of Presentation and Principles of Consolidation

 

The condensed consolidated financial statements include the accounts of the Company and all majority-owned and controlled domestic and foreign subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation.

 

The condensed consolidated financial statements included in this report are presented in accordance with the requirements of Form 10-Q and consequently do not include all of the disclosures normally required by accounting principles generally accepted in the United States of America (also referred to as “GAAP”) for annual reporting purposes or those made in the Company’s Annual Report on Form 10-K. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020.

 

The condensed consolidated balance sheet as of December 31, 2020 was derived from the Company’s audited consolidated balance sheet as of that date. All other condensed consolidated financial statements contained herein are unaudited and, in the opinion of management, reflect all adjustments of a normal recurring nature necessary to present a fair statement of the financial position and the results of operations and cash flows for the respective interim periods. Certain prior period balances have been reclassified to conform to current period presentation. The results for interim periods are not necessarily indicative of trends or results expected for a full year.

 

Unless otherwise indicated, all references to “dollars” and “$” in this Quarterly Report on Form 10-Q are to, and amounts are presented in, U.S. dollars.

 

Use of Management Estimates

 

The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results and changes in facts and circumstances may alter such estimates and affect results of operations and financial position in future periods.

 

Significant uncertainty remains surrounding the COVID-19 global pandemic and the extent and duration of the impacts that it may have on the Company, as well as its customers, suppliers, and employees. While cinema and theme park operators in the United States and other parts of the world are in process of returning to “normal”, there continue to be spikes in COVID-19 cases and new variants in various parts of the world that could impact the pace of recovery in our markets. Accordingly, there continues to be a heightened potential for future reserves against trade receivables, inventory write downs and impairments of long-lived assets, goodwill, intangible assets and investments. In the current environment, assumptions about future financial and operational performance, supply chain pricing and availability and customer creditworthiness have greater variability than normal, which could in the future significantly affect the valuation of the Company’s assets, both financial and non-financial. As an understanding of the longer-term impacts of COVID-19 on the Company’s customers and business develops, there is heightened potential for changes in these views over the remainder of 2021, and potentially beyond.

 

Restricted Cash

 

Restricted cash represents amounts held in a collateral account for the Company’s corporate travel and purchasing credit card program.

 

Accounts Receivable

 

Trade accounts receivable are recorded at the invoiced amount and do not bear interest. The Company determines the allowance for doubtful accounts based on several factors, including overall customer credit quality, historical write-off experience and a specific analysis that projects the ultimate collectability of the account. As such, these factors may change over time causing the allowance level and bad debt expense to be adjusted accordingly.

 

Investments

 

The Company applies the equity method of accounting to investments when it has significant influence, but not controlling interest, in the investee. Judgment regarding the level of influence over each equity method investment includes considering key factors such as ownership interest, representation on the board of directors, participation in policy-making decisions and material intercompany transactions. The Company’s proportionate share of the net income (loss) resulting from these investments is reported under the line item captioned “equity method investment income (loss)” in our condensed consolidated statements of operations. The Company’s equity method investments are reported at cost and adjusted each period for the Company’s share of the investee’s income or loss and dividend paid, if any. The Company’s share of the investee’s income or loss is recorded on a one quarter lag for all equity method investments. The Company classifies distributions received from equity method investments using the cumulative earnings approach on the condensed consolidated statements of cash flows. Investments in nonmarketable unconsolidated entities in which the Company is not able to exercise significant influence (“Cost Method Investments”) are accounted for at the Company’s initial cost, minus any impairment (if any), plus or minus changes resulting from observable price changes in orderly transactions for the identical or a similar investment of the same issuer. Dividends on cost method investments received are recorded as income.

 

The Company assesses investments for impairment whenever events or changes in circumstances indicate that the carrying value of an investment may not be recoverable. Management reviewed the underlying net assets of the investees as of March 31, 2021 and determined that the Company’s proportionate economic interest in the investees indicate that the investments were not impaired. The carrying value of our equity method and cost method investments is reported as “investments” on the condensed consolidated balance sheets. Notes 3 and 7 contain additional information on our equity method and cost method investments.

 

Fair Value of Financial Instruments

 

Assets and liabilities measured at fair value are categorized into a fair value hierarchy based upon the observability of inputs to the valuation of an asset or liability as of the measurement date. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. The categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Financial assets and liabilities carried at fair value are classified and disclosed in one of the following three categories:

 

  Level 1 – inputs to the valuation techniques are quoted prices in active markets for identical assets or liabilities
  Level 2 – inputs to the valuation techniques are other than quoted prices but are observable for the assets or liabilities, either directly or indirectly
  Level 3 – inputs to the valuation techniques are unobservable for the assets or liabilities

 

The following tables present the Company’s financial assets measured at fair value based upon the level within the fair value hierarchy in which the fair value measurements are classified, as of March 31, 2021 and December 31, 2020.

 

Fair values measured on a recurring basis at March 31, 2021 (in thousands):

 

    Level 1     Level 2     Level 3     Total  
Cash and cash equivalents   $ 22,317     $   -     $   -     $ 22,317  
Restricted cash     150       -       -       150  
Total   $ 22,467     $ -     $ -     $ 22,467  

 

Fair values measured on a recurring basis at December 31, 2020 (in thousands):

 

    Level 1     Level 2     Level 3     Total  
Cash and cash equivalents   $ 4,435     $   -     $   -     $ 4,435  
Restricted cash     352       -       -       352  
Total   $ 4,787     $ -     $ -     $ 4,787  

 

The carrying values of all other financial assets and liabilities, including accounts receivable, accounts payable, accrued expenses and short-term debt reported in the consolidated balance sheets equal or approximate their fair values due to the short-term nature of these instruments. Based on quoted market prices, the fair value of the Company’s equity method investments was $20.6 million at March 31, 2021 (see Note 7).

 

Recently Adopted Accounting Pronouncements

 

In December 2019, the Financial Account Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2019-12, “Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes.” This ASU removes certain exceptions for investments, intraperiod allocations and interim tax calculations and adds guidance to reduce complexity in accounting for income taxes. The effective date of the standard is annual periods beginning after December 15, 2020, with early adoption permitted. The various amendments in the standard are applied on a retrospective basis, modified retrospective basis and prospective basis, depending on the amendment. The Company early adopted this ASU effective January 1, 2020. The adoption did not have a material impact on the Company’s consolidated financial statements.

 

In January 2020, the FASB issued ASU 2020-01, “Clarifying the Interactions Between Topic 321, Topic 323, and Topic 815.” This ASU clarifies the interaction between accounting standards related to equity securities, equity method investments and certain derivatives. The effective date of the standard is annual periods beginning after December 15, 2020, and interim periods within those fiscal years. The adoption did not have a material impact on the Company’s consolidated financial statements.

 

Recently Issued Accounting Pronouncements

 

In April 2020, the FASB issued a question-and-answer document to address stakeholder questions on the application of the lease accounting guidance for lease concessions related to the effects of the COVID-19 pandemic. The guidance allows concessions related to the timing of payments, where the total consideration has not changed, to not be accounted for as lease modifications. Instead, any such concessions can be accounted for as if no change was made to the contract or as variable lease payments. As a result of the COVID-19 pandemic, the Company received certain lease concessions in the form of rent deferrals during 2020. The Company chose to implement the policy election provided by the FASB to record rent concessions as if no modifications to leases contracts were made, and thus no changes to the lease obligations were recorded in respect to these concessions. As of March 31, 2021, the Company had outstanding deferred rent of $0.1 million, which will be paid over the remaining term of the leases.

XML 21 R10.htm IDEA: XBRL DOCUMENT v3.21.1
Discontinued Operations
3 Months Ended
Mar. 31, 2021
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations

3. Discontinued Operations

 

Convergent

 

As part of a transaction that closed in February 2021, the Company divested its Convergent business segment. The Company’s Convergent business segment delivered digital signage solutions and related services to large multi-location organizations in the United States and Canada.

 

On February 1, 2021, the Company entered into an Equity Purchase Agreement (together with the other related documents defined therein, the “Purchase Agreement”), and closed the transactions contemplated by the Purchase Agreement, with SageNet LLC (“SageNet”). Pursuant to the Purchase Agreement, a subsidiary of Ballantyne Strong sold 100% of the issued and outstanding limited liability company membership interests (the “Equity Interests”) in Convergent, LLC (“Convergent”) to SageNet. The purchase price for the Equity Interests (the “Purchase Price”) pursuant to the Purchase Agreement was (i) $15.0 million in cash and (ii) $2.5 million in the form of a subordinated promissory note delivered by SageNet in favor of the Company (the “SageNet Promissory Note”). Per the terms of the SageNet Promissory Note, the Company will receive twelve consecutive equal quarterly payments of principal, plus accrued interest thereon, commencing on March 31, 2022. The Company has elected to record the SageNet Promissory Note using its historical cost basis. Additionally, a portion of the Purchase Price was placed in escrow by SageNet, the release of which is contingent upon certain events and conditions specified in the Purchase Agreement. The Purchase Price is also subject to adjustment based on closing working capital of Convergent. As further consideration, SageNet also assumed approximately $5.7 million of third-party debt of Convergent, bringing the total enterprise value for Convergent’s equity interests to approximately $23.2 million. The Company recorded a gain of $14.9 million during the first quarter of 2021 related to the sale of Convergent.

 

Strong Outdoor

 

As part of transactions in May 2019 and August 2020, the Company divested its Strong Outdoor business segment. The Company’s Strong Outdoor business segment provided outdoor advertising and experiential marketing to advertising agencies and corporate accounts, primarily in New York City.

 

On May 21, 2019, Strong Digital Media, LLC (“SDM”), an indirect subsidiary of Ballantyne Strong, entered into a Taxicab Advertising Collaboration Agreement (the “Commercial Agreement”) and a Unit Purchase Agreement (the “Unit Purchase Agreement”) with Firefly Systems, Inc. (“Firefly”), pursuant to which SDM agreed to make available to Firefly 300 digital taxi tops. Additionally, the parties agreed to coordinate the fulfilling of SDM’s agreements with the Metropolitan Taxicab Board of Trade, Inc. (“MTBOT”) and Creative Mobile Media, LLC (“CMM”), each dated February 8, 2018. Firefly agreed to fulfill the digital taxi top advertising obligations under the MTBOT agreement and CMM agreement, and SDM agreed to fulfill the non-digital taxi top advertising obligations under the MTBOT agreement and CMM agreement. Ballantyne Strong is a party to the Unit Purchase Agreement and agreed to guarantee the payment obligations of SDM under the Commercial Agreement. As consideration for entering into these agreements, Ballantyne Strong received $4.8 million worth of Firefly’s Series A-2 preferred shares (the “Firefly Series A-2 Shares”). The Firefly Series A-2 Shares, including those subsequently issued pursuant to an earn-out provision, were subject to a repurchase option for a period of three years to cover SDM’s indemnity obligations and other post-closing covenants under the Commercial Agreement and the Unit Purchase Agreement. As part of the Asset Purchase Agreement (as defined and described below), Firefly no longer has an option to repurchase any of the Firefly Series A-2 Shares held by SDM.

 

The 300 digital tops the Company has made available to Firefly are subject to a master equipment lease agreement which the Company entered into during 2017. Pursuant to the master lease agreement and the Unit Purchase Agreement, the Company will remain the primary obligor until such time as the lease expires. In addition, of the $4.8 million worth of Firefly Series A-2 Shares received, $1.2 million worth of such shares were eligible for repurchase by Firefly if the Company did not exercise the purchase option contained within the master lease agreement. Accordingly, the Company had deferred recognizing an investment related to these Firefly Series A-2 Shares eligible for repurchase until such time it was reasonably certain the Company would exercise the purchase option. The transaction, in effect, transferred control of the underlying asset to Firefly. As additional consideration for the right to use the digital taxi tops, Firefly agreed to pay for certain of Company’s operating expenses associated with the non-digital taxi tops. The Company concluded the payments that Firefly made on its behalf were variable payments and were not included in the calculation of the selling profit. Therefore, the Company recorded the benefit and the related operating expenses in the period when the changes in facts and circumstances on which the variable lease payments were based occurred. As part of the Asset Purchase Agreement (as defined and described below) the Taxicab Advertising Collaboration Agreement dated May 21, 2019 was terminated, which relieved the Company of its obligation to exercise the purchase option contained within the master lease agreement. As a result, the Company recognized an additional $1.2 million investment during the year ended December 31, 2020 related to the Firefly Series A-2 Shares that were previously eligible for repurchase by Firefly.

 

The Unit Purchase Agreement contained an earnout provision pursuant to which SDM obtained additional Firefly Series A-2 Shares. The earnout period was from May 22, 2019 through June 30, 2020. SDM was eligible to earn additional Firefly Series A-2 Shares equivalent to the cash collections under certain digital top contracts that were in place at the closing of the transaction. Ballantyne Strong received the shares earned pursuant to the earnout provision on August 3, 2020. In connection with the additional Firefly Series A-2 Shares that were received pursuant to the earnout, Ballantyne Strong recorded an additional $0.7 million gain on the Firefly transaction during the year ended December 31, 2020.

 

On August 3, 2020, SDM entered into an Asset Purchase Agreement (the “Asset Purchase Agreement”) with Firefly, pursuant to which SDM agreed to sell certain assets primarily related to its Strong Outdoor operating business to Firefly and continue to make available 300 digital taxi tops to Firefly. SDM retained certain accounts receivable as well as liabilities other than executory obligations under transferred contracts to the extent such liabilities are required to be performed following closing or constitute certain deferred revenue. The transaction closed on the same day.

 

As consideration for entering into the Asset Purchase Agreement, SDM received approximately $0.6 million in cash consideration and approximately $3.2 million worth of Firefly Series A-3 preferred shares (the “Firefly Series A-3 Shares”). In connection with the closing of the transactions contemplated by the Asset Purchase Agreement, (i) SDM received approximately $1.1 million worth of Firefly’s Series A-2 Shares, which constituted the remaining shares to be issued pursuant to the Unit Purchase Agreement; (ii) Firefly no longer had an option to repurchase any of the Series A-2 Shares held by SDM; (iii) all accounts payable to Firefly were cancelled and forgiven; and (iv) the Commercial Agreement dated May 21, 2019 was terminated, which relieved Ballantyne Strong of its obligation to exercise the purchase option contained within the master lease agreement. Ballantyne Strong recorded a gain of approximately $5.3 million during the third quarter of 2020 as a result of the transaction. As of March 31, 2021, SDM held approximately $5.7 million worth of Firefly Series A-2 Shares, which included the shares issued to SDM as part of the May 2019 transaction and $7.4 million worth of Firefly Series A-3 Shares.

 

As contemplated by the Asset Purchase Agreement, Firefly Series A-2 Shares are held by SDM. Additionally, the previously issued Firefly Series A-2 Shares held by Fundamental Global Venture Partners, LP (“FGVP”), an investment fund that was managed by Fundamental Global Investors, LLC in which SDM was the sole limited partner, were transferred to SDM. The Asset Purchase Agreement includes customary representations and warranties. In connection with the Asset Purchase Agreement, SDM agreed to indemnify Firefly for excluded liabilities related to the transferred business.

 

Ballantyne Strong entered into a Master Services Agreement (the “Master Services Agreement”) with Firefly, pursuant to which Ballantyne Strong agreed to provide certain support services to Firefly, including remote equipment monitoring and diagnostics of screens, until no later than December 31, 2022, and to provide transition advertising instruction and integration services, content management services, ad-hoc reporting and analysis, wireless service, advertising content management services, and mapping data until no later than six months from closing. As consideration for entering into the Master Services Agreement, Ballantyne Strong received $2.0 million in cash consideration.

  

The major classes of assets and liabilities included as part of discontinued operations as of December 31, 2020 are as follows (in thousands):

 

    December 31, 2020  
    Convergent     Strong Outdoor     Total  
Accounts receivable, net   $ 3,065     $       -     $ 3,065  
Inventories, net     312       -       312  
Other current assets     371       -       371  
Total current assets of discontinued operations     3,748       -       3,748  
Property, plant and equipment, net     3,172       -       3,172  
Intangible assets, net     753       -       753  
Operating lease right-of-use assets     212       -       212  
Finance lease right-of-use assets     2,235       -       2,235  
Total long-term assets of discontinued operations     6,372       -       6,372  
Total assets of discontinued operations   $ 10,120     $ -     $ 10,120  
                         
Accounts payable   $ 449     $ -     $ 449  
Accrued expenses     812       -       812  
Current portion of long-term debt     1,075       -       1,075  
Current portion of operating lease obligation     108       -       108  
Current portion of finance lease obligation     859       -       859  
Deferred revenue and customer deposits     598       -       598  
Total current liabilities of discontinued operations     3,901       -       3,901  
Long-term debt, net of current portion     2,340       -       2,340  
Operating lease obligation, net of current portion     107       -       107  
Finance lease obligation, net of current portion     1,530       -       1,530  
Other long-term liabilities     89       -       89  
Total long-term liabilities of discontinued operations     4,066       -       4,066  
Total liabilities of discontinued operations   $ 7,967     $ -     $ 7,967  

  

The major line items constituting the net income (loss) from discontinued operations are as follows (in thousands):

 

    Three Months Ended March 31, 2021     Three Months Ended March 31, 2020  
    Convergent     Strong Outdoor     Total     Convergent     Strong Outdoor     Total  
Net revenues   $ 1,472     $       -     $ 1,472     $ 4,963     $ 1,197     $ 6,160  
Cost of revenues     746       -       746       2,940       836       3,776  
Gross profit     726       -       726       2,023       361       2,384  
Selling and administrative expenses     1,241       -       1,241       1,101       704       1,805  
(Loss) income from operations     (515 )     -       (515 )     922       (343 )     579  
Gain on Convergent transaction     14,937       -       14,937       -       -       -  
Gain on Firefly transaction     -       -       -       -       270       270  
Other expense     (39 )     -       (39 )     (184 )     -       (184 )
Income (loss) from discontinued operations     14,383       -       14,383       738       (73 )     665  
Income tax expense     (58 )     -       (58 )     (58 )     -       (58 )
Total net income (loss) from discontinued operations   $ 14,325     $ -     $ 14,325     $ 680     $ (73 )   $ 607  
XML 22 R11.htm IDEA: XBRL DOCUMENT v3.21.1
Revenue
3 Months Ended
Mar. 31, 2021
Revenue from Contract with Customer [Abstract]  
Revenue

4. Revenue

 

The Company accounts for revenue using the following steps:

 

  Identify the contract, or contracts, with a customer;

 

  Identify the performance obligations in the contract;

 

  Determine the transaction price;

 

  Allocate the transaction price to the identified performance obligations; and

 

  Recognize revenue when, or as, the Company satisfies the performance obligations.

 

The Company combines contracts with the same customer into a single contract for accounting purposes when the contracts are entered into at or near the same time and the contracts are negotiated as a single commercial package, consideration in one contract depends on the other contract, or the services are considered a single performance obligation. If an arrangement involves multiple performance obligations, the items are analyzed to determine whether they are distinct, whether the items have value on a standalone basis, and whether there is objective and reliable evidence of their standalone selling price. The total contract transaction price is allocated to the identified performance obligations based upon the relative standalone selling prices of the performance obligations. The standalone selling price is based on an observable price for services sold to other comparable customers, when available, or an estimated selling price using a cost-plus margin approach. The Company estimates the amount of total contract consideration it expects to receive for variable arrangements by determining the most likely amount it expects to earn from the arrangement based on the expected quantities of services it expects to provide and the contractual pricing based on those quantities. The Company only includes a portion of variable consideration in the transaction price when it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur or when the uncertainty associated with the variable consideration is subsequently resolved. The Company considers the sensitivity of the estimate, its relationship and experience with the client and variable services being performed, the range of possible revenue amounts and the magnitude of the variable consideration to the overall arrangement.

 

As discussed in more detail below, revenue is recognized when a customer obtains control of promised goods or services under the terms of a contract and is measured as the amount of consideration the Company expects to receive in exchange for transferring goods or providing services. The Company does not have any material extended payment terms, as payment is due at or shortly after the time of the sale. Sales, value-added and other taxes collected concurrently with revenue producing activities are excluded from revenue.

 

The Company recognizes contract assets or unbilled receivables related to revenue recognized for services completed but not yet invoiced to the clients. Unbilled receivables are recorded as accounts receivable when the Company has an unconditional right to contract consideration. A contract liability is recognized as deferred revenue when the Company invoices clients, or receives cash, in advance of performing the related services under the terms of a contract. Deferred revenue is recognized as revenue when the Company has satisfied the related performance obligation.

 

The Company defers costs to acquire contracts, including commissions, incentives and payroll taxes, if they are incremental and recoverable costs of obtaining a customer contract with a term exceeding one year. Deferred contract costs are reported within other assets and amortized to selling expense over the contract term, which generally ranges from one to five years. The Company has elected to recognize the incremental costs of obtaining a contract with a term of less than one year as a selling expense when incurred. The Company did not have any deferred contract costs as of March 31, 2021 or December 31, 2020.

 

The following tables disaggregate the Company’s revenue by major source and by operating segment for the three months ended March 31, 2021 and March 31, 2020 (in thousands):

 

    Three Months Ended March 31, 2021     Three Months Ended March 31, 2020  
    Strong Entertainment     Other     Total     Strong Entertainment     Other     Total  
Screen system sales   $     2,047     $ -     $ 2,047     $    2,956     $ -     $ 2,956  
Digital equipment sales     1,175       -       1,175       1,649       -       1,649  
Extended warranty sales     32       -       32       159       -       159  
Other product sales     274       -       274       468       -       468  
Total product sales     3,528       -       3,528       5,232       -       5,232  
Field maintenance and monitoring services     863       -       863       1,804       -       1,804  
Installation services     71       -       71       257       -       257  
Other service revenues     10       300       310       20       101       121  
Total service revenues     944       300       1,244       2,081       101       2,182  
Total   $ 4,472     $ 300     $ 4,772     $ 7,313     $ 101     $ 7,414  

 

Screen system sales

 

The Company typically recognizes revenue on the sale of its screen systems when control of the screen is transferred to the customer, usually at time of shipment. However, revenue is recognized upon delivery for certain international shipments with longer shipping transit time because control does not transfer to the customer until delivery. For contracts that are long-term in nature, the Company believes that the use of the percentage-of-completion method is appropriate as the Company has the ability to make reasonably dependable estimates of the extent of progress towards completion, contract revenues, and contract costs. Under the percentage-of-completion method, revenue is recorded based on the ratio of actual costs incurred to total estimated costs expected to be incurred related to the contract. The cost of freight and shipping to the customer is recognized in cost of sales at the time of transfer of control to the customer.

 

Digital equipment sales

 

The Company recognizes revenue on sales of digital equipment when the control of the equipment is transferred, which occurs at the time of shipment from the Company’s warehouse or drop-shipment from a third party. The cost of freight and shipping to the customer is recognized in cost of sales at the time of transfer of control to the customer.

 

Field maintenance and monitoring services

 

The Company sells service contracts that provide maintenance and monitoring services to its Strong Entertainment customers. These contracts are generally 12 months in length. Revenue related to service contracts is recognized ratably over the term of the agreement.

 

In addition to selling service contracts, the Company also performs discrete time and materials-based maintenance and repair work for customers in the Strong Entertainment segment. Revenue related to time and materials-based maintenance and repair work is recognized at the point in time when the performance obligation has been fully satisfied.

 

Installation services

 

The Company performs installation services for its Strong Entertainment customers and recognizes revenue upon completion of the installations.

 

Extended warranty sales

 

The Company sells extended warranties to its Strong Entertainment customers. When the Company is the primary obligor, revenue is recognized on a gross basis ratably over the term of the extended warranty. In third party extended warranty sales, the Company is not the primary obligor, and revenue is recognized on a net basis at the time of the sale.

 

Timing of Revenue Recognition

 

The following tables disaggregate the Company’s revenue by the timing of transfer of goods or services to the customer for the three months ended March 31, 2021 and 2020 (in thousands):

 

    Three Months Ended March 31, 2021     Three Months Ended March 31, 2020  
    Strong Entertainment     Other     Total     Strong Entertainment     Other     Total  
Point in time   $     3,756     $ 4     $ 3,760     $     5,715     $ 4     $ 5,719  
Over time     716       296       1,012       1,598       97       1,695  
Total   $ 4,472     $ 300     $ 4,772     $ 7,313     $ 101     $ 7,414  

 

At March 31 2021, the unearned revenue amount associated with long-term projects that the Company uses the percentage-of-completion method to recognize revenue, maintenance and monitoring services and extended warranty sales in which the Company is the primary obligor was $2.0 million. The Company expects to recognize $1.3 million of unearned revenue amounts during the remainder of 2021 and $0.7 million during 2022.

XML 23 R12.htm IDEA: XBRL DOCUMENT v3.21.1
Loss Per Common Share
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Loss Per Common Share

5. Loss Per Common Share

 

Basic loss per share has been computed on the basis of the weighted average number of shares of common stock outstanding. Diluted loss per share would be computed on the basis of the weighted average number of shares of common stock outstanding after giving effect to potential common shares from dilutive stock options and certain non-vested shares of restricted stock and restricted stock units. However, because the Company reported losses from continuing operations in all periods presented, there were no differences between average shares used to compute basic and diluted loss per share for the three months ended March 31, 2021 and 2020. The following table summarizes the weighted average shares used to compute basic and diluted loss per share (in thousands):

 

    Three Months Ended March 31,  
    2021     2020  
Weighted average shares outstanding:                
Basic weighted average shares outstanding     16,835       14,625  
Dilutive effect of stock options and certain non-vested restricted stock units     -       -  
Diluted weighted average shares outstanding     16,835       14,625  

 

Options to purchase 514,500 and 1,057,000 shares of common stock were outstanding as of March 31, 2021 and March 31, 2020, respectively, but were not included in the computation of diluted loss per share as the options’ exercise prices were greater than the average market price of the common shares for each period. An additional 142,557 and 86,725 common stock equivalents related to options and restricted stock awards were excluded for the three months ended March 31, 2021 and March 31, 2020, respectively, as their inclusion would be anti-dilutive, thereby decreasing the net losses per share.

XML 24 R13.htm IDEA: XBRL DOCUMENT v3.21.1
Inventories
3 Months Ended
Mar. 31, 2021
Inventory Disclosure [Abstract]  
Inventories

6. Inventories

 

Inventories consisted of the following (in thousands):

 

    March 31, 2021     December 31, 2020  
Raw materials and components   $ 1,485     $ 1,584  
Work in process     289       141  
Finished goods     566       539  
    $ 2,340     $ 2,264  

 

The inventory balances were net of reserves of approximately $0.4 million as of both March 31, 2021 and December 31, 2020.

XML 25 R14.htm IDEA: XBRL DOCUMENT v3.21.1
Investments
3 Months Ended
Mar. 31, 2021
Equity Method Investments and Joint Ventures [Abstract]  
Investments

7. Investments

 

The following summarizes our investments (dollars in thousands):

 

    March 31, 2021     December 31, 2020  
    Carrying Amount     Economic Interest     Carrying Amount     Economic Interest  
Equity Method Investments                                
FG Financial Group, Inc.   $ 3,954       20.8 %   $ 4,370       20.9 %
GreenFirst Forest Products Inc.     2,378       29.6 %     2,697       29.6 %
Total Equity Method Investments     6,332               7,067          
                                 
Cost Method Investment                                
Firefly Systems, Inc.     13,152               13,100          
Total Investments   $ 19,484             $ 20,167          

 

Equity Method Investments

 

The following summarizes the (loss) income of equity method investees reflected in the condensed consolidated statements of operations (in thousands):

 

    Three Months Ended March 31,  
    2021     2020  
Entity            
FG Financial Group, Inc.   $ (416 )   $ 1,417  
GreenFirst Forest Products Inc.     (353 )     (48 )
Total   $ (769 )   $ 1,369  

 

FG Financial Group, Inc.

 

FG Financial Group, Inc. (“FGF”) (formerly 1347 Property Insurance Holdings, Inc.) is a reinsurance and investment management holding company focused on opportunistic collateralized and loss capped reinsurance, while allocating capital to special purpose acquisition companies (each, a “SPAC”) and SPAC sponsor-related businesses. In September 2020, FGF entered into an agreement pursuant to which FGF purchased 1.1 million shares of its outstanding common stock from an existing shareholder. The purchase of the 1.1 million shares decreased the number of outstanding shares of FGF and increased the Company’s ownership interest to approximately 21%. The Company’s Chairman, D. Kyle Cerminara, is the chairman of the board of directors of FGF. As of March 31, 2021, Mr. Cerminara was affiliated with entities that, when combined with the Company’s ownership in FGF, own greater than 50% of FGF. Since FGF does not depend on the Company for continuing financial support to maintain operations, the Company has determined that FGF is not a variable interest entity, and therefore, the Company is not required to determine the primary beneficiary of FGF for potential consolidation. The Company did not receive dividends from FGF during the three months ended March 31, 2021 or 2020. Based on quoted market prices, the market value of the Company’s ownership in FGF was $4.8 million at March 31, 2021.

 

GreenFirst Forest Products, Inc.

 

GreenFirst Forest Products Inc. (“GreenFirst”) (formerly Itasca Capital Ltd.) is a publicly-traded Canadian company focused on environmentally sustainable forest management and lumber production. The Company’s Chairman, Mr. Cerminara, is chairman of the board of directors of GreenFirst, and the Company’s former Co-Chairman, Lewis M. Johnson, is also a member of the board of directors of GreenFirst. These board seats, combined with the Company’s 29.6% ownership of GreenFirst, provide the Company with significant influence over GreenFirst, but not a controlling interest. The Company did not receive dividends from GreenFirst during the three months ended March 31, 2021 or 2020. Based on quoted market prices, the market value of the Company’s ownership in GreenFirst was $15.7 million at March 31, 2021.

 

On April 12, 2021, GreenFirst announced that it had entered into an asset purchase agreement (the “GreenFirst Purchase Agreement”) pursuant to which it will acquire a portfolio of forest and paper product assets (the “Assets”) at a purchase price of approximately US$214 million. GreenFirst announced that it intends to file a prospectus to conduct a backstopped rights offering (the “Rights Offering”) to finance a portion of the purchase price for the Assets. Pursuant to its announcement, GreenFirst intends to issue three rights (each a “Right”) for each of its outstanding shares of common stock (each a “Common Share”) with each Right being exercisable, at a subscription price of CDN$1.50, to acquire a subscription receipt (each a “Subscription Receipt”). Each Subscription Receipt would, upon the closing of the transactions contemplated by the Agreement and without any further consideration, automatically be exchanged into a Common Share. On April 10, 2021, the Company entered into a commitment letter (the “Commitment”) with GreenFirst pursuant to which the Company agreed to participate in the Rights Offering expected to be conducted by GreenFirst. By entering into the Commitment, the Company committed to exercise the Canadian dollar equivalent of approximately US$1.6 million of the Rights offered in the Rights Offering. The Commitment will terminate, and the Company will be released from its obligations under the Commitment if the Rights Offering is not completed by September 30, 2021, or such later date as agreed to between GreenFirst and the purchaser committed to backstop the Rights Offering.

 

As of March 31, 2021, the Company’s retained earnings included an accumulated deficit from its equity method investees of approximately $4.8 million.

 

The summarized financial information presented below reflects the financial information of the Company’s equity method investees for the three months ended December 31, 2020 and 2019, consistent with the Company’s recognition of the results of its equity method investments on a one-quarter lag (in thousands):

 

For the three months ended December 31,   2020     2019  
             
Revenue (1)   $ (243 )   $ 4,340  
Operating (loss) income   $ (3,178 )   $ 3,977  
Net (loss) income   $ (3,181 )   $ 8,121  

 

(1) FGF records realized and unrealized gains and losses on investments in net investment income (loss), which is included in the revenue line above.

 

Cost Method Investment

 

The Company received preferred shares of Firefly in connection with the transactions with Firefly in May 2019 and August 2020. See Note 3 for additional details. In addition, on August 3, 2020, the Company’s Canadian subsidiary, Strong/MDI Screen Systems, Inc. (“Strong/MDI”) entered into a Stock Purchase Agreement (the “Stock Purchase Agreement”) with Firefly, pursuant to which Strong/MDI agreed to purchase $4.0 million worth of Firefly Series A-3 Shares. The Company and its affiliated entities have designated Kyle Cerminara, Chairman of the Company’s board of directors and a principal of the Company’s largest shareholder, to Firefly’s board of directors.

XML 26 R15.htm IDEA: XBRL DOCUMENT v3.21.1
Property, Plant and Equipment, Net
3 Months Ended
Mar. 31, 2021
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, Net

8. Property, Plant and Equipment, Net

 

Property, plant and equipment, net consisted of the following as of March 31, 2021 and December 31, 2020 (in thousands):

 

    March 31, 2021     December 31, 2020  
Land   $ 51     $ 51  
Buildings and improvements     6,960       6,824  
Machinery and other equipment     4,688       4,635  
Office furniture and fixtures     864       946  
Construction in progress     134       154  
Total properties, cost     12,697       12,610  
Less: accumulated depreciation     (7,267 )     (7,086 )
Property, plant and equipment, net   $ 5,430     $ 5,524  
XML 27 R16.htm IDEA: XBRL DOCUMENT v3.21.1
Goodwill
3 Months Ended
Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill

9. Goodwill

 

The following represents a summary of changes in the Company’s carrying amount of goodwill for the three months ended March 31, 2021 (in thousands):

 

Balance as of December 31, 2020   $ 938  
Foreign currency translation adjustment     12  
Balance as of March 31, 2021   $ 950  
XML 28 R17.htm IDEA: XBRL DOCUMENT v3.21.1
Debt
3 Months Ended
Mar. 31, 2021
Debt Disclosure [Abstract]  
Debt

10. Debt

 

The Company’s short-term debt consisted of the following as of March 31, 2021 and December 31, 2020 (in thousands):

 

    March 31, 2021     December 31, 2020  
Short-term debt:                
Strong/MDI 20-year installment loan   $ 2,883     $ 2,906  
Strong/MDI 5-year equipment loan     378       393  
Insuranace note payable     413       -  
Total short-term debt   $ 3,674     $ 3,299  

 

Strong/MDI Installment Loans and Revolving Credit Facility

 

On September 5, 2017, the Company’s Canadian subsidiary, Strong/MDI, entered into a demand credit agreement, as amended and restated May 15, 2018, with a bank consisting of a revolving line of credit for up to CDN$3.5 million subject to a borrowing base requirement, a 20-year installment loan for up to CDN$6.0 million and a 5-year installment loan for up to CDN$0.5 million. Amounts outstanding under the line of credit are payable on demand and bear interest at the prime rate established by the lender. Amounts outstanding under the installment loans bear interest at the lender’s prime rate plus 0.5% and are payable in monthly installments, including interest, over their respective borrowing periods. The lender may also demand repayment of the installment loans at any time. The Strong/MDI credit facilities are secured by a lien on Strong/MDI’s Quebec, Canada facility and substantially all of Strong/MDI’s assets. The credit agreement requires Strong/MDI to maintain a ratio of liabilities to “effective equity” (tangible stockholders’ equity, less amounts receivable from affiliates and equity method investments) not exceeding 2 to 1, a current ratio (excluding amounts due from related parties) of at least 1.5 to 1 and minimum “effective equity” of CDN$8.0 million. As of March 31, 2021, there was CDN$3.6 million, or approximately $2.9 million, of principal outstanding on the 20-year installment loan, which bears variable interest at 2.95%. As of March 31, 2021, there was CDN$0.5 million, or approximately $0.4 million, of principal outstanding on the 5-year installment loan, which also bears variable interest at 2.95%. Strong/MDI was in compliance with its debt covenants as of March 31, 2021.

XML 29 R18.htm IDEA: XBRL DOCUMENT v3.21.1
Leases
3 Months Ended
Mar. 31, 2021
Leases [Abstract]  
Leases

11. Leases

 

The Company and its subsidiaries lease plant and office facilities and equipment under operating and finance leases expiring through 2028. The Company determines if a contract is or contains a lease at inception or modification of a contract. A contract is or contains a lease if the contract conveys the right to control the use of an identified asset for a period in exchange for consideration. Control over the use of the identified asset means the lessee has both (a) the right to obtain substantially all of the economic benefits from the use of the asset and (b) the right to direct the use of the asset.

 

Right-of-use assets and liabilities are recognized based on the present value of future minimum lease payments over the expected lease term at commencement date. Certain of the leases contain extension options; however, the Company has not included such options as part of its right-of-use assets and lease liabilities because it does not expect to extend the leases. The Company measures and records a right-of-use asset and lease liability based on the discount rate implicit in the lease, if known. In cases where the discount rate implicit in the lease is not known, the Company measures the right-of-use assets and lease liabilities using a discount rate equal to the Company’s estimated incremental borrowing rate for loans with similar collateral and duration.

 

The Company elected to not apply the recognition requirements of Accounting Standards Codification Topic 842, “Leases,” to leases of all classes of underlying assets that, at the commencement date, have a lease term of 12 months or less and do not include an option to purchase the underlying asset that the lessee is reasonably certain to exercise. Instead, lease payments for such short-term leases are recognized in operations on a straight-line basis over the lease term and variable lease payments in the period in which the obligation for those payments is incurred.

 

The Company elected, as a lessee, for all classes of underlying assets, to not separate nonlease components from lease components and instead to account for each separate lease component and the nonlease components associated with that lease component as a single lease component.

 

The following tables present the Company’s lease costs and other lease information (dollars in thousands):

 

Lease cost   Three Months Ended  
    March 31, 2021     March 31, 2020  
Finance lease cost:                
Amortization of right-of-use assets   $ 242     $ 282  
Interest on lease liabilities     66       95  
Operating lease cost     233       304  
Short-term lease cost     15       14  
Sublease income     (72 )     (97 )
Net lease cost   $ 484     $ 598  

 

Other information            
    March 31, 2021     March 31, 2020  
Cash paid for amounts included in the measurement of lease liabilities:                
Operating cash flows from finance leases   $ 66     $ 95  
Operating cash flows from operating leases   $ 211     $ 274  
Financing cash flows from finance leases   $ 242     $ 212  
Right-of-use assets obtained in exchange for new finance lease liabilities   $ -     $ -  
Right-of-use assets obtained in exchange for new operating lease liabilities   $ -     $ -  

 

   

As of

March 31, 2021

 
Weighted-average remaining lease term - finance leases (years)     1.7  
Weighted-average remaining lease term - operating leases (years)     7.0  
Weighted-average discount rate - finance leases     13.0 %
Weighted-average discount rate - operating leases     5.0 %

 

The following table presents a maturity analysis of the Company’s finance and operating lease liabilities as of March 31, 2021 (in thousands):

 

    Operating Leases     Finance Leases  
Remainder of 2021   $ 611     $ 922  
2022     706       1,168  
2023     656       -  
2024     669       -  
2025     683       -  
Thereafter     1,766       -  
Total lease payments     5,091       2,090  
Less: Amount representing interest     (812 )     (226 )
Present value of lease payments     4,279       1,864  
Less: Current maturities     (607 )     (1,047 )
Lease obligations, net of current portion   $ 3,672     $ 817  

 

On March 2, 2021, the Company received a notice of default and demand (the “Default Notice”) from Huntington Technology Finance, Inc. (“Huntington”). The Default Notice alleged the occurrence of an event of default under the terms of the Master Equipment Lease Agreement dated May 19, 2017 (the “Lease Agreement”) pursuant to which the Company’s subsidiaries lease certain digital taxi top advertising signs. The Company has made all required payments to Huntington during the term of the Lease Agreement and expects to continue to make monthly payments on a timely basis. The Default Notice did not allege that the Company has failed to make any payment or incurred any economic or payment default. Rather, the Default Notice alleged that the Company violated certain technical covenants in the Lease Agreement. Huntington demanded accelerated payment of the outstanding principal balance plus lessor profit and a fair market value buyout of the assets under lease within ten days of the receipt of the Default Notice. The Company disputed Huntington’s assertion that an event of default had occurred under the Lease Agreement and believes that many of the assertions made in the Default Notice are false, and that the claims made in the Default Notice are therefore baseless. Accordingly, on March 3, 2021, the Company provided a written response to Huntington detailing the Company’s position that Huntington’s allegations of an event of default under the Lease Agreement are unfounded, and asserting the Company’s good faith belief that the Company has abided by the terms, conditions, and covenants of the Lease Agreement. In order to resolve the situation and avoid the potential costs of a lengthy legal dispute, on April 2, 2021, the Company entered into an Agreement of Forbearance and Conditional Sale (the “Settlement Agreement”) with Huntington and CCA Financial, LLC. The amounts payable by the Company pursuant to the Settlement Agreement include only payments contractually due under the Lease Agreement and do not include any additional penalties, interest, or liquidation damages. The Company agreed to accelerate payment of the $2.1 million remaining payments contractually due under the Lease Agreement and to exercise its option to purchase the leased assets for $1.0 million. The $2.1 million plus sales tax owed under the Lease Agreement was paid upon execution of the Settlement Agreement and the lease equipment buyout will be paid in twelve monthly installments from June 1, 2021 to May 1, 2022. Upon payment in full, the Lease Agreement and all obligations thereunder will terminate.

XML 30 R19.htm IDEA: XBRL DOCUMENT v3.21.1
Income Taxes
3 Months Ended
Mar. 31, 2021
Income Tax Disclosure [Abstract]  
Income Taxes

12. Income Taxes

 

In assessing the realizability of deferred tax assets, the Company considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income. The Company considers the scheduled reversal of taxable temporary differences, projected future taxable income and tax planning strategies in making this assessment. A cumulative loss in a particular tax jurisdiction in recent years is a significant piece of evidence with respect to the realizability that is difficult to overcome. Based on the available objective evidence, including recent updates to the taxing jurisdictions generating income, the Company concluded that a valuation allowance should be recorded against all of the Company’s U.S. tax jurisdiction deferred tax assets as of March 31, 2021 and December 31, 2020.

 

During the quarter ended March 31, 2021, the Company sold its Convergent business segment. As a result, this business segment is categorized as discontinued operations for the periods presented. The Company has sufficient net operating losses to offset Federal taxable income/loss from these discontinued operations as well as the tax effects related to the gain on sale of discontinued operations. State income tax expense related to the operations and sale of this entity has been allocated to discontinued operations.

 

The Tax Cuts and Jobs Act of 2017 provides for a territorial tax system, which began in 2018. It includes the global intangible low-taxed income (“GILTI”) provision. The GILTI provisions require the Company to include in its U.S. income tax return foreign subsidiary earnings in excess of an allowable return on the foreign subsidiary’s tangible assets. As a result of the GILTI provisions, the Company’s inclusion of taxable income was incorporated into the overall net operating loss and valuation allowance for the three months ended March 31, 2021 and comparative March 31, 2020, as well as December 31, 2020.

 

Changes in tax laws may affect recorded deferred tax assets and liabilities and the Company’s effective tax rate in the future. On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) was enacted. The CARES Act made significant changes to Federal tax laws, including certain changes that are retroactive to the 2019 tax year. The effects of these changes relate to deferred tax assets and net operating losses; all of which are offset by valuation allowance. There were no material income tax consequences of this enacted legislation on the reporting period of these condensed consolidated financial statements.

 

The Company is subject to possible examinations not yet initiated for Federal purposes for fiscal years 2017 through 2019. In most cases, the Company is subject to possible examinations by state or local jurisdictions based on the particular jurisdiction’s statute of limitations.

XML 31 R20.htm IDEA: XBRL DOCUMENT v3.21.1
Stock Compensation
3 Months Ended
Mar. 31, 2021
Share-based Payment Arrangement [Abstract]  
Stock Compensation

13. Stock Compensation

 

The Company recognizes compensation expense for all stock-based payment awards based on estimated grant date fair values. Stock-based compensation expense included in selling and administrative expenses approximated $0.3 million for each of the three months ended March 31, 2021 and 2020.

 

The Company’s 2017 Omnibus Equity Compensation Plan (“2017 Plan”) was approved by the Company’s stockholders and provides the Compensation Committee of the Board of Directors with the discretion to grant stock options, stock appreciation rights, restricted shares, restricted stock units, performance shares, performance units and other stock- based awards and cash-based awards. Vesting terms vary with each grant and may be subject to vesting upon a “change in control” of the Company. On December 17, 2019, the Company’s stockholders approved the amendment and restatement of the 2017 Plan to (i) increase the number of shares of the Company’s common stock authorized for issuance under the 2017 Plan by 1,975,000 shares and (ii) extend the expiration date of the 2017 Plan by approximately two years, until October 27, 2029. As of March 31, 2021, 2,431,856 shares were available for issuance under the amended and restated 2017 Plan.

 

Stock Options

 

The following table summarizes stock option activity for the three months ended March 31, 2021:

 

    Number of Options     Weighted Average Exercise Price Per Share     Weighted Average Remaining Contractual Term (Years)     Aggregate Intrinsic Value (in thousands)  
Outstanding at December 31, 2020     1,009,500     $ 3.99       7.3     $ 51  
Granted     -                          
Exercised     -                          
Forfeited     (142,000 )     4.14                  
Expired     (178,000 )     5.05                  
Outstanding at March 31, 2021     689,500     $ 3.69       7.3     $ 144  
Exercisable at March 31, 2021     343,000     $ 4.69       6.2     $ 7  

 

The aggregate intrinsic value in the table above represents the total that would have been received by the option holders if all in-the-money options had been exercised and sold on the date indicated.

 

As of March 31, 2021, 346,500 stock option awards were non-vested. Unrecognized compensation cost related to non-vested stock options was approximately $0.4 million, which is expected to be recognized over a weighted average period of 2.8 years.

 

Restricted Stock Units

 

The Company estimates the fair value of restricted stock awards based upon the market price of the underlying common stock on the date of grant.

 

The following table summarizes restricted stock unit activity for the three months ended March 31, 2021:

 

    Number of Restricted Stock Units     Weighted Average Grant Date Fair Value  
Non-vested at December 31, 2020     604,687     $ 2.38  
Granted     78,493       2.01  
Shares vested     (212,699 )     3.12  
Shares forfeited     -          
Non-vested at March 31, 2021     470,481     $ 2.17  

 

As of March 31, 2021, the total unrecognized compensation cost related to non-vested restricted stock unit awards was approximately $1.0 million, which is expected to be recognized over a weighted average period of 1.9 years.

XML 32 R21.htm IDEA: XBRL DOCUMENT v3.21.1
Commitments, Contingencies and Concentrations
3 Months Ended
Mar. 31, 2021
Commitments and Contingencies Disclosure [Abstract]  
Commitments, Contingencies and Concentrations

14. Commitments, Contingencies and Concentrations

 

Litigation

 

The Company is involved, from time to time, in certain legal disputes in the ordinary course of business operations. No such disputes, individually or in the aggregate, are expected to have a material effect on the Company’s business or financial condition.

 

The Company is named as a defendant in personal injury lawsuits based on alleged exposure to asbestos-containing materials. A majority of the cases involve product liability claims based principally on allegations of past distribution of commercial lighting products containing wiring that may have contained asbestos. Each case names dozens of corporate defendants in addition to the Company. In the Company’s experience, a large percentage of these types of claims have never been substantiated and have been dismissed by the courts. The Company has not suffered any adverse verdict in a trial court proceeding related to asbestos claims and intends to continue to defend these lawsuits. When appropriate, the Company may settle certain claims. The Company does not expect the resolution of these cases to have a material adverse effect on the Company’s financial condition, results of operations or cash flows. 

Concentrations

 

The Company’s top ten customers accounted for approximately 56% of consolidated net revenues during the three months ended March 31, 2021. Trade accounts receivable from these customers represented approximately 35% of net consolidated receivables at March 31, 2021. None of the Company’s customers accounted for more than 10% of both its consolidated net revenues during the three months ended March 31, 2021 and its net consolidated receivables as of March 31, 2021. While the Company believes its relationships with such customers are stable, most arrangements are made by purchase order and are terminable at will by either party. A significant decrease or interruption in business from the Company’s significant customers could have a material adverse effect on the Company’s business, financial condition and results of operations. The Company could also be adversely affected by such factors as changes in foreign currency rates and weak economic and political conditions in each of the countries in which the Company sells its products.

 

Financial instruments that potentially expose the Company to a concentration of credit risk principally consist of accounts receivable and the SageNet Promissory Note. The Company sells product to a large number of customers in many different geographic regions. To minimize credit risk, the Company performs ongoing credit evaluations of its customers’ financial condition.

XML 33 R22.htm IDEA: XBRL DOCUMENT v3.21.1
Business Segment Information
3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Business Segment Information

15. Business Segment Information

 

The Company conducts its operations primarily through its Strong Entertainment business segment which manufactures and distributes premium large format projection screens and provides technical support services and other related products and services to the cinema exhibition industry, theme parks, schools, museums and other entertainment-related markets. Strong Entertainment also distributes and supports third party products, including digital projectors, servers, library management systems, menu boards and sound systems. The Company’s operating segments were determined based on the manner in which management organizes segments for making operating decisions and assessing performance.

 

Summary by Business Segments

 

    Three Months Ended March 31,  
    2021     2020  
    (in thousands)  
Net revenues                
Strong Entertainment   $ 4,472     $ 7,313  
Other     300       101  
Total net revenues     4,772       7,414  
                 
Gross profit                
Strong Entertainment     889       1,795  
Other     271       72  
Total gross profit     1,160       1,867  
                 
Operating loss                
Strong Entertainment     (247 )     (374 )
Other     (13 )     (206 )
Total segment operating income     (260 )     (580 )
Unallocated administrative expenses     (1,497 )     (1,921 )
Loss from operations     (1,757 )     (2,501 )
Other income, net     81       420  
Loss from continuing operations before income taxes and equity method investment loss   $ (1,676 )   $ (2,081 )

 

(In thousands)   March 31, 2021     December 31, 2020  
Identifiable assets                
Strong Entertainment   $ 24,084     $ 21,408  
Corporate assets     41,180       23,971  
Discontinued operations     -       10,120  
Total   $ 65,264     $ 55,499  

 

Summary by Geographical Area

 

    Three Months Ended March 31,  
(In thousands)   2021     2020  
Net revenues                
United States   $ 4,149     $ 5,851  
Canada     197       408  
China     2       201  
Mexico     16       78  
Latin America     42       276  
Europe     51       194  
Asia (excluding China)     132       258  
Other     183       148  
Total   $ 4,772     $ 7,414  

 

(In thousands)   March 31, 2021     December 31, 2020  
Identifiable assets                
United States   $ 46,830     $ 34,924  
Canada     18,434       20,575  
Total   $ 65,264     $ 55,499  

 

Net revenues by business segment are to unaffiliated customers. Net revenues by geographical area are based on destination of sales. Identifiable assets by geographical area are based on location of facilities.

XML 34 R23.htm IDEA: XBRL DOCUMENT v3.21.1
Summary of Significant Accounting Policies (Policies)
3 Months Ended
Mar. 31, 2021
Accounting Policies [Abstract]  
Basis of Presentation and Principles of Consolidation

Basis of Presentation and Principles of Consolidation

 

The condensed consolidated financial statements include the accounts of the Company and all majority-owned and controlled domestic and foreign subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation.

 

The condensed consolidated financial statements included in this report are presented in accordance with the requirements of Form 10-Q and consequently do not include all of the disclosures normally required by accounting principles generally accepted in the United States of America (also referred to as “GAAP”) for annual reporting purposes or those made in the Company’s Annual Report on Form 10-K. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020.

 

The condensed consolidated balance sheet as of December 31, 2020 was derived from the Company’s audited consolidated balance sheet as of that date. All other condensed consolidated financial statements contained herein are unaudited and, in the opinion of management, reflect all adjustments of a normal recurring nature necessary to present a fair statement of the financial position and the results of operations and cash flows for the respective interim periods. Certain prior period balances have been reclassified to conform to current period presentation. The results for interim periods are not necessarily indicative of trends or results expected for a full year.

 

Unless otherwise indicated, all references to “dollars” and “$” in this Quarterly Report on Form 10-Q are to, and amounts are presented in, U.S. dollars.

Use of Management Estimates

Use of Management Estimates

 

The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results and changes in facts and circumstances may alter such estimates and affect results of operations and financial position in future periods.

 

Significant uncertainty remains surrounding the COVID-19 global pandemic and the extent and duration of the impacts that it may have on the Company, as well as its customers, suppliers, and employees. While cinema and theme park operators in the United States and other parts of the world are in process of returning to “normal”, there continue to be spikes in COVID-19 cases and new variants in various parts of the world that could impact the pace of recovery in our markets. Accordingly, there continues to be a heightened potential for future reserves against trade receivables, inventory write downs and impairments of long-lived assets, goodwill, intangible assets and investments. In the current environment, assumptions about future financial and operational performance, supply chain pricing and availability and customer creditworthiness have greater variability than normal, which could in the future significantly affect the valuation of the Company’s assets, both financial and non-financial. As an understanding of the longer-term impacts of COVID-19 on the Company’s customers and business develops, there is heightened potential for changes in these views over the remainder of 2021, and potentially beyond.

Restricted Cash

Restricted Cash

 

Restricted cash represents amounts held in a collateral account for the Company’s corporate travel and purchasing credit card program.

Accounts Receivable

Accounts Receivable

 

Trade accounts receivable are recorded at the invoiced amount and do not bear interest. The Company determines the allowance for doubtful accounts based on several factors, including overall customer credit quality, historical write-off experience and a specific analysis that projects the ultimate collectability of the account. As such, these factors may change over time causing the allowance level and bad debt expense to be adjusted accordingly.

Investments

Investments

 

The Company applies the equity method of accounting to investments when it has significant influence, but not controlling interest, in the investee. Judgment regarding the level of influence over each equity method investment includes considering key factors such as ownership interest, representation on the board of directors, participation in policy-making decisions and material intercompany transactions. The Company’s proportionate share of the net income (loss) resulting from these investments is reported under the line item captioned “equity method investment income (loss)” in our condensed consolidated statements of operations. The Company’s equity method investments are reported at cost and adjusted each period for the Company’s share of the investee’s income or loss and dividend paid, if any. The Company’s share of the investee’s income or loss is recorded on a one quarter lag for all equity method investments. The Company classifies distributions received from equity method investments using the cumulative earnings approach on the condensed consolidated statements of cash flows. Investments in nonmarketable unconsolidated entities in which the Company is not able to exercise significant influence (“Cost Method Investments”) are accounted for at the Company’s initial cost, minus any impairment (if any), plus or minus changes resulting from observable price changes in orderly transactions for the identical or a similar investment of the same issuer. Dividends on cost method investments received are recorded as income.

 

The Company assesses investments for impairment whenever events or changes in circumstances indicate that the carrying value of an investment may not be recoverable. Management reviewed the underlying net assets of the investees as of March 31, 2021 and determined that the Company’s proportionate economic interest in the investees indicate that the investments were not impaired. The carrying value of our equity method and cost method investments is reported as “investments” on the condensed consolidated balance sheets. Notes 3 and 7 contain additional information on our equity method and cost method investments.

Fair Value of Financial Instruments

Fair Value of Financial Instruments

 

Assets and liabilities measured at fair value are categorized into a fair value hierarchy based upon the observability of inputs to the valuation of an asset or liability as of the measurement date. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. The categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Financial assets and liabilities carried at fair value are classified and disclosed in one of the following three categories:

 

  Level 1 – inputs to the valuation techniques are quoted prices in active markets for identical assets or liabilities
  Level 2 – inputs to the valuation techniques are other than quoted prices but are observable for the assets or liabilities, either directly or indirectly
  Level 3 – inputs to the valuation techniques are unobservable for the assets or liabilities

 

The following tables present the Company’s financial assets measured at fair value based upon the level within the fair value hierarchy in which the fair value measurements are classified, as of March 31, 2021 and December 31, 2020.

 

Fair values measured on a recurring basis at March 31, 2021 (in thousands):

 

    Level 1     Level 2     Level 3     Total  
Cash and cash equivalents   $ 22,317     $   -     $   -     $ 22,317  
Restricted cash     150       -       -       150  
Total   $ 22,467     $ -     $ -     $ 22,467  

 

Fair values measured on a recurring basis at December 31, 2020 (in thousands):

 

    Level 1     Level 2     Level 3     Total  
Cash and cash equivalents   $ 4,435     $   -     $   -     $ 4,435  
Restricted cash     352       -       -       352  
Total   $ 4,787     $ -     $ -     $ 4,787  

 

The carrying values of all other financial assets and liabilities, including accounts receivable, accounts payable, accrued expenses and short-term debt reported in the consolidated balance sheets equal or approximate their fair values due to the short-term nature of these instruments. Based on quoted market prices, the fair value of the Company’s equity method investments was $20.6 million at March 31, 2021 (see Note 7).

Recently Adopted Accounting Pronouncements

Recently Adopted Accounting Pronouncements

 

In December 2019, the Financial Account Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2019-12, “Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes.” This ASU removes certain exceptions for investments, intraperiod allocations and interim tax calculations and adds guidance to reduce complexity in accounting for income taxes. The effective date of the standard is annual periods beginning after December 15, 2020, with early adoption permitted. The various amendments in the standard are applied on a retrospective basis, modified retrospective basis and prospective basis, depending on the amendment. The Company early adopted this ASU effective January 1, 2020. The adoption did not have a material impact on the Company’s consolidated financial statements.

 

In January 2020, the FASB issued ASU 2020-01, “Clarifying the Interactions Between Topic 321, Topic 323, and Topic 815.” This ASU clarifies the interaction between accounting standards related to equity securities, equity method investments and certain derivatives. The effective date of the standard is annual periods beginning after December 15, 2020, and interim periods within those fiscal years. The adoption did not have a material impact on the Company’s consolidated financial statements.

Recently Issued Accounting Pronouncements

Recently Issued Accounting Pronouncements

 

In April 2020, the FASB issued a question-and-answer document to address stakeholder questions on the application of the lease accounting guidance for lease concessions related to the effects of the COVID-19 pandemic. The guidance allows concessions related to the timing of payments, where the total consideration has not changed, to not be accounted for as lease modifications. Instead, any such concessions can be accounted for as if no change was made to the contract or as variable lease payments. As a result of the COVID-19 pandemic, the Company received certain lease concessions in the form of rent deferrals during 2020. The Company chose to implement the policy election provided by the FASB to record rent concessions as if no modifications to leases contracts were made, and thus no changes to the lease obligations were recorded in respect to these concessions. As of March 31, 2021, the Company had outstanding deferred rent of $0.1 million, which will be paid over the remaining term of the leases.

XML 35 R24.htm IDEA: XBRL DOCUMENT v3.21.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2021
Accounting Policies [Abstract]  
Schedule of Fair Value Measured Financial Assets and Liabilities

Fair values measured on a recurring basis at March 31, 2021 (in thousands):

 

    Level 1     Level 2     Level 3     Total  
Cash and cash equivalents   $ 22,317     $   -     $   -     $ 22,317  
Restricted cash     150       -       -       150  
Total   $ 22,467     $ -     $ -     $ 22,467  

 

Fair values measured on a recurring basis at December 31, 2020 (in thousands):

 

    Level 1     Level 2     Level 3     Total  
Cash and cash equivalents   $ 4,435     $   -     $   -     $ 4,435  
Restricted cash     352       -       -       352  
Total   $ 4,787     $ -     $ -     $ 4,787  
XML 36 R25.htm IDEA: XBRL DOCUMENT v3.21.1
Discontinued Operations (Tables)
3 Months Ended
Mar. 31, 2021
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Financial Results of Discontinued Operations

The major classes of assets and liabilities included as part of discontinued operations as of December 31, 2020 are as follows (in thousands):

 

    December 31, 2020  
    Convergent     Strong Outdoor     Total  
Accounts receivable, net   $ 3,065     $       -     $ 3,065  
Inventories, net     312       -       312  
Other current assets     371       -       371  
Total current assets of discontinued operations     3,748       -       3,748  
Property, plant and equipment, net     3,172       -       3,172  
Intangible assets, net     753       -       753  
Operating lease right-of-use assets     212       -       212  
Finance lease right-of-use assets     2,235       -       2,235  
Total long-term assets of discontinued operations     6,372       -       6,372  
Total assets of discontinued operations   $ 10,120     $ -     $ 10,120  
                         
Accounts payable   $ 449     $ -     $ 449  
Accrued expenses     812       -       812  
Current portion of long-term debt     1,075       -       1,075  
Current portion of operating lease obligation     108       -       108  
Current portion of finance lease obligation     859       -       859  
Deferred revenue and customer deposits     598       -       598  
Total current liabilities of discontinued operations     3,901       -       3,901  
Long-term debt, net of current portion     2,340       -       2,340  
Operating lease obligation, net of current portion     107       -       107  
Finance lease obligation, net of current portion     1,530       -       1,530  
Other long-term liabilities     89       -       89  
Total long-term liabilities of discontinued operations     4,066       -       4,066  
Total liabilities of discontinued operations   $ 7,967     $ -     $ 7,967  

  

The major line items constituting the net income (loss) from discontinued operations are as follows (in thousands):

 

    Three Months Ended March 31, 2021     Three Months Ended March 31, 2020  
    Convergent     Strong Outdoor     Total     Convergent     Strong Outdoor     Total  
Net revenues   $ 1,472     $       -     $ 1,472     $ 4,963     $ 1,197     $ 6,160  
Cost of revenues     746       -       746       2,940       836       3,776  
Gross profit     726       -       726       2,023       361       2,384  
Selling and administrative expenses     1,241       -       1,241       1,101       704       1,805  
(Loss) income from operations     (515 )     -       (515 )     922       (343 )     579  
Gain on Convergent transaction     14,937       -       14,937       -       -       -  
Gain on Firefly transaction     -       -       -       -       270       270  
Other expense     (39 )     -       (39 )     (184 )     -       (184 )
Income (loss) from discontinued operations     14,383       -       14,383       738       (73 )     665  
Income tax expense     (58 )     -       (58 )     (58 )     -       (58 )
Total net income (loss) from discontinued operations   $ 14,325     $ -     $ 14,325     $ 680     $ (73 )   $ 607  
XML 37 R26.htm IDEA: XBRL DOCUMENT v3.21.1
Revenue (Tables)
3 Months Ended
Mar. 31, 2021
Major Source [Member]  
Schedule of Disaggregation of Revenue

The following tables disaggregate the Company’s revenue by major source and by operating segment for the three months ended March 31, 2021 and March 31, 2020 (in thousands):

 

    Three Months Ended March 31, 2021     Three Months Ended March 31, 2020  
    Strong Entertainment     Other     Total     Strong Entertainment     Other     Total  
Screen system sales   $     2,047     $ -     $ 2,047     $    2,956     $ -     $ 2,956  
Digital equipment sales     1,175       -       1,175       1,649       -       1,649  
Extended warranty sales     32       -       32       159       -       159  
Other product sales     274       -       274       468       -       468  
Total product sales     3,528       -       3,528       5,232       -       5,232  
Field maintenance and monitoring services     863       -       863       1,804       -       1,804  
Installation services     71       -       71       257       -       257  
Other service revenues     10       300       310       20       101       121  
Total service revenues     944       300       1,244       2,081       101       2,182  
Total   $ 4,472     $ 300     $ 4,772     $ 7,313     $ 101     $ 7,414  
Timing of Transfer [Member]  
Schedule of Disaggregation of Revenue

The following tables disaggregate the Company’s revenue by the timing of transfer of goods or services to the customer for the three months ended March 31, 2021 and 2020 (in thousands):

 

    Three Months Ended March 31, 2021     Three Months Ended March 31, 2020  
    Strong Entertainment     Other     Total     Strong Entertainment     Other     Total  
Point in time   $     3,756     $ 4     $ 3,760     $     5,715     $ 4     $ 5,719  
Over time     716       296       1,012       1,598       97       1,695  
Total   $ 4,472     $ 300     $ 4,772     $ 7,313     $ 101     $ 7,414  
XML 38 R27.htm IDEA: XBRL DOCUMENT v3.21.1
Loss Per Common Share (Tables)
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Schedule of Reconciliation Weighted Average Between Basic and Diluted Earnings Per Share

The following table summarizes the weighted average shares used to compute basic and diluted loss per share (in thousands):

 

    Three Months Ended March 31,  
    2021     2020  
Weighted average shares outstanding:                
Basic weighted average shares outstanding     16,835       14,625  
Dilutive effect of stock options and certain non-vested restricted stock units     -       -  
Diluted weighted average shares outstanding     16,835       14,625  
XML 39 R28.htm IDEA: XBRL DOCUMENT v3.21.1
Inventories (Tables)
3 Months Ended
Mar. 31, 2021
Inventory Disclosure [Abstract]  
Schedule of Inventories

Inventories consisted of the following (in thousands):

 

    March 31, 2021     December 31, 2020  
Raw materials and components   $ 1,485     $ 1,584  
Work in process     289       141  
Finished goods     566       539  
    $ 2,340     $ 2,264  
XML 40 R29.htm IDEA: XBRL DOCUMENT v3.21.1
Investments (Tables)
3 Months Ended
Mar. 31, 2021
Equity Method Investments and Joint Ventures [Abstract]  
Summary of Investments

The following summarizes our investments (dollars in thousands):

 

    March 31, 2021     December 31, 2020  
    Carrying Amount     Economic Interest     Carrying Amount     Economic Interest  
Equity Method Investments                                
FG Financial Group, Inc.   $ 3,954       20.8 %   $ 4,370       20.9 %
GreenFirst Forest Products Inc.     2,378       29.6 %     2,697       29.6 %
Total Equity Method Investments     6,332               7,067          
                                 
Cost Method Investment                                
Firefly Systems, Inc.     13,152               13,100          
Total Investments   $ 19,484             $ 20,167          
Summary of Income (Loss) of Equity Method Investees

The following summarizes the (loss) income of equity method investees reflected in the condensed consolidated statements of operations (in thousands):

 

    Three Months Ended March 31,  
    2021     2020  
Entity            
FG Financial Group, Inc.   $ (416 )   $ 1,417  
GreenFirst Forest Products Inc.     (353 )     (48 )
Total   $ (769 )   $ 1,369  
Summarized Financial Information

The summarized financial information presented below reflects the financial information of the Company’s equity method investees for the three months ended December 31, 2020 and 2019, consistent with the Company’s recognition of the results of its equity method investments on a one-quarter lag (in thousands):

 

For the three months ended December 31,   2020     2019  
             
Revenue (1)   $ (243 )   $ 4,340  
Operating (loss) income   $ (3,178 )   $ 3,977  
Net (loss) income   $ (3,181 )   $ 8,121  

 

(1) FGF records realized and unrealized gains and losses on investments in net investment income (loss), which is included in the revenue line above.
XML 41 R30.htm IDEA: XBRL DOCUMENT v3.21.1
Property, Plant and Equipment, Net (Tables)
3 Months Ended
Mar. 31, 2021
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment, Net

Property, plant and equipment, net consisted of the following as of March 31, 2021 and December 31, 2020 (in thousands):

 

    March 31, 2021     December 31, 2020  
Land   $ 51     $ 51  
Buildings and improvements     6,960       6,824  
Machinery and other equipment     4,688       4,635  
Office furniture and fixtures     864       946  
Construction in progress     134       154  
Total properties, cost     12,697       12,610  
Less: accumulated depreciation     (7,267 )     (7,086 )
Property, plant and equipment, net   $ 5,430     $ 5,524  
XML 42 R31.htm IDEA: XBRL DOCUMENT v3.21.1
Goodwill (Tables)
3 Months Ended
Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amount of Goodwill

The following represents a summary of changes in the Company’s carrying amount of goodwill for the three months ended March 31, 2021 (in thousands):

 

Balance as of December 31, 2020   $ 938  
Foreign currency translation adjustment     12  
Balance as of March 31, 2021   $ 950  
XML 43 R32.htm IDEA: XBRL DOCUMENT v3.21.1
Debt (Tables)
3 Months Ended
Mar. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Short-term Debt

The Company’s short-term debt consisted of the following as of March 31, 2021 and December 31, 2020 (in thousands):

 

    March 31, 2021     December 31, 2020  
Short-term debt:                
Strong/MDI 20-year installment loan   $ 2,883     $ 2,906  
Strong/MDI 5-year equipment loan     378       393  
Insuranace note payable     413       -  
Total short-term debt   $ 3,674     $ 3,299  
XML 44 R33.htm IDEA: XBRL DOCUMENT v3.21.1
Leases (Tables)
3 Months Ended
Mar. 31, 2021
Leases [Abstract]  
Schedule of Lease Costs and Other Lease Information

The following tables present the Company’s lease costs and other lease information (dollars in thousands):

 

Lease cost   Three Months Ended  
    March 31, 2021     March 31, 2020  
Finance lease cost:                
Amortization of right-of-use assets   $ 242     $ 282  
Interest on lease liabilities     66       95  
Operating lease cost     233       304  
Short-term lease cost     15       14  
Sublease income     (72 )     (97 )
Net lease cost   $ 484     $ 598  

 

Other information            
    March 31, 2021     March 31, 2020  
Cash paid for amounts included in the measurement of lease liabilities:                
Operating cash flows from finance leases   $ 66     $ 95  
Operating cash flows from operating leases   $ 211     $ 274  
Financing cash flows from finance leases   $ 242     $ 212  
Right-of-use assets obtained in exchange for new finance lease liabilities   $ -     $ -  
Right-of-use assets obtained in exchange for new operating lease liabilities   $ -     $ -  

 

   

As of

March 31, 2021

 
Weighted-average remaining lease term - finance leases (years)     1.7  
Weighted-average remaining lease term - operating leases (years)     7.0  
Weighted-average discount rate - finance leases     13.0 %
Weighted-average discount rate - operating leases     5.0 %
Schedule of Future Minimum Lease Payments

The following table presents a maturity analysis of the Company’s finance and operating lease liabilities as of March 31, 2021 (in thousands):

 

    Operating Leases     Finance Leases  
Remainder of 2021   $ 611     $ 922  
2022     706       1,168  
2023     656       -  
2024     669       -  
2025     683       -  
Thereafter     1,766       -  
Total lease payments     5,091       2,090  
Less: Amount representing interest     (812 )     (226 )
Present value of lease payments     4,279       1,864  
Less: Current maturities     (607 )     (1,047 )
Lease obligations, net of current portion   $ 3,672     $ 817  
XML 45 R34.htm IDEA: XBRL DOCUMENT v3.21.1
Stock Compensation (Tables)
3 Months Ended
Mar. 31, 2021
Share-based Payment Arrangement [Abstract]  
Summary of Stock Options Activities

The following table summarizes stock option activity for the three months ended March 31, 2021:

 

    Number of Options     Weighted Average Exercise Price Per Share     Weighted Average Remaining Contractual Term (Years)     Aggregate Intrinsic Value (in thousands)  
Outstanding at December 31, 2020     1,009,500     $ 3.99       7.3     $ 51  
Granted     -                          
Exercised     -                          
Forfeited     (142,000 )     4.14                  
Expired     (178,000 )     5.05                  
Outstanding at March 31, 2021     689,500     $ 3.69       7.3     $ 144  
Exercisable at March 31, 2021     343,000     $ 4.69       6.2     $ 7  
Summary of Restricted Stock Activity

The following table summarizes restricted stock unit activity for the three months ended March 31, 2021:

 

    Number of Restricted Stock Units     Weighted Average Grant Date Fair Value  
Non-vested at December 31, 2020     604,687     $ 2.38  
Granted     78,493       2.01  
Shares vested     (212,699 )     3.12  
Shares forfeited     -          
Non-vested at March 31, 2021     470,481     $ 2.17  
XML 46 R35.htm IDEA: XBRL DOCUMENT v3.21.1
Business Segment Information (Tables)
3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information by Segment

Summary by Business Segments

 

    Three Months Ended March 31,  
    2021     2020  
    (in thousands)  
Net revenues                
Strong Entertainment   $ 4,472     $ 7,313  
Other     300       101  
Total net revenues     4,772       7,414  
                 
Gross profit                
Strong Entertainment     889       1,795  
Other     271       72  
Total gross profit     1,160       1,867  
                 
Operating loss                
Strong Entertainment     (247 )     (374 )
Other     (13 )     (206 )
Total segment operating income     (260 )     (580 )
Unallocated administrative expenses     (1,497 )     (1,921 )
Loss from operations     (1,757 )     (2,501 )
Other income, net     81       420  
Loss from continuing operations before income taxes and equity method investment loss   $ (1,676 )   $ (2,081 )
Reconciliation of Assets from Segment to Consolidated
(In thousands)   March 31, 2021     December 31, 2020
Identifiable assets              
Strong Entertainment   $ 24,084     $ 21,408
Corporate assets     41,180       23,971
Discontinued operations     -       10,120
Total   $ 65,264     $ 55,499
Schedule of Segment Reporting Information by Geographic Area

Summary by Geographical Area

 

    Three Months Ended March 31,  
(In thousands)   2021     2020  
Net revenues                
United States   $ 4,149     $ 5,851  
Canada     197       408  
China     2       201  
Mexico     16       78  
Latin America     42       276  
Europe     51       194  
Asia (excluding China)     132       258  
Other     183       148  
Total   $ 4,772     $ 7,414  
Summary of Identifiable Assets by Geographical Area
(In thousands)   March 31, 2021     December 31, 2020  
Identifiable assets                
United States   $ 46,830     $ 34,924  
Canada     18,434       20,575  
Total   $ 65,264     $ 55,499  
XML 47 R36.htm IDEA: XBRL DOCUMENT v3.21.1
Summary of Significant Accounting Policies (Details Narrative)
$ in Thousands
3 Months Ended
Mar. 31, 2021
USD ($)
Accounting Policies [Abstract]  
Quoted fair value of company's ownership $ 20,600
Outstanding deferred rent $ 100
XML 48 R37.htm IDEA: XBRL DOCUMENT v3.21.1
Summary of Significant Accounting Policies - Schedule of Fair Value Measured Financial Assets and Liabilities (Details) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Mar. 31, 2020
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Cash and cash equivalents $ 22,317 $ 4,435  
Restricted cash 150 352 $ 351
Total 22,467 4,787  
Level 1 [Member]      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Cash and cash equivalents 22,317 4,435  
Restricted cash 150 352  
Total 22,467 4,787  
Level 2 [Member]      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Cash and cash equivalents  
Restricted cash  
Total  
Level 3 [Member]      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Cash and cash equivalents  
Restricted cash  
Total  
XML 49 R38.htm IDEA: XBRL DOCUMENT v3.21.1
Discontinued Operations (Details Narrative) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Feb. 01, 2021
Aug. 03, 2020
May 21, 2019
Mar. 31, 2021
Dec. 31, 2020
Dec. 31, 2020
Investment       $ 19,484 $ 20,167 $ 20,167
Shares issued       6,310    
Firefly Series A-2 Shares [Member]            
Number of shares hold, value       5,700    
Firefly Systems, Inc. [Member]            
Gain on firefly transaction           700
Firefly Systems, Inc. [Member] | Firefly Series A-3 Shares [Member]            
Shares issued       7,400    
Equity Purchase Agreement [Member] | SageNet LLC [Member]            
Equity method ownership percentage 100.00%          
Cash $ 15,000          
Promissory note 2,500          
Proceeds from related party 5,700          
Value of equity interest $ 23,200          
Gain on sale of convergent       14,900    
Taxicab Advertising Collaboration Agreement [Member] | Firefly Systems, Inc. [Member] | Series A-2 Preferred Shares [Member]            
Consideration received for agreement     $ 4,800      
Master Lease Agreement [Member] | Firefly Systems, Inc. [Member]            
Investment         1,200 $ 1,200
Master Lease Agreement [Member] | Firefly Systems, Inc. [Member] | Series A-2 Preferred Shares [Member]            
Number of shares repurchased, value     $ 1,200      
Asset Purchase Agreement [Member] | Strong Digital Media, LLC [Member]            
Cash consideration amount   $ 600        
Gain on asset purchase transaction         $ 5,300  
Asset Purchase Agreement [Member] | Strong Digital Media, LLC [Member] | Series A-2 Preferred Shares [Member]            
Cash consideration amount   1,100        
Asset Purchase Agreement [Member] | Strong Digital Media, LLC [Member] | Series A-3 Preferred Shares [Member]            
Cash consideration amount   $ 3,200        
Master Services Agreement [Member]            
Cash consideration amount       $ 2,000    
XML 50 R39.htm IDEA: XBRL DOCUMENT v3.21.1
Discontinued Operations - Schedule of Financial Results of Discontinued Operations (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Dec. 31, 2020
Accounts receivable, net     $ 3,065
Inventories, net     312
Other current assets     371
Total current assets of discontinued operations   3,748
Property, plant and equipment, net     3,172
Intangible assets, net     753
Operating lease right-of-use assets     212
Finance lease right-of-use assets     2,235
Total long-term assets of discontinued operations   6,372
Total assets of discontinued operations     10,120
Accounts payable     449
Accrued expenses     812
Current portion of long-term debt     1,075
Current portion of operating lease obligation     108
Current portion of finance lease obligation     859
Deferred revenue and customer deposits     598
Total current liabilities of discontinued operations   3,901
Long-term debt, net of current portion     2,340
Operating lease obligation, net of current portion     107
Finance lease obligation, net of current portion     1,530
Other long-term liabilities     89
Total long-term liabilities of discontinued operations   4,066
Total liabilities of discontinued operations     7,967
Net revenues 1,472 $ 6,160  
Cost of revenues 746 3,776  
Gross profit 726 2,384  
Selling and administrative expenses 1,241 1,805  
(Loss) income from operations (515) 579  
Gain on Convergent transaction 14,937  
Gain on Firefly transaction 270  
Other expense (39) (184)  
Income (loss) from discontinued operations 14,383 665  
Income tax expense (58) (58)  
Net income from discontinued operations (Note 3) 14,325 607  
Convergent [Member]      
Accounts receivable, net     3,065
Inventories, net     312
Other current assets     371
Total current assets of discontinued operations     3,748
Property, plant and equipment, net     3,172
Intangible assets, net     753
Operating lease right-of-use assets     212
Finance lease right-of-use assets     2,235
Total long-term assets of discontinued operations     6,372
Total assets of discontinued operations     10,120
Accounts payable     449
Accrued expenses     812
Current portion of long-term debt     1,075
Current portion of operating lease obligation     108
Current portion of finance lease obligation     859
Deferred revenue and customer deposits     598
Total current liabilities of discontinued operations     3,901
Long-term debt, net of current portion     2,340
Operating lease obligation, net of current portion     107
Finance lease obligation, net of current portion     1,530
Other long-term liabilities     89
Total long-term liabilities of discontinued operations     4,066
Total liabilities of discontinued operations     7,967
Net revenues 1,472 4,963  
Cost of revenues 746 2,940  
Gross profit 726 2,023  
Selling and administrative expenses 1,241 1,101  
(Loss) income from operations (515) 922  
Gain on Convergent transaction 14,937  
Gain on Firefly transaction  
Other expense (39) (184)  
Income (loss) from discontinued operations 14,383 738  
Income tax expense (58) (58)  
Net income from discontinued operations (Note 3) 14,325 680  
Strong Outdoor [Member]      
Accounts receivable, net    
Inventories, net    
Other current assets    
Total current assets of discontinued operations    
Property, plant and equipment, net    
Intangible assets, net    
Operating lease right-of-use assets    
Finance lease right-of-use assets    
Total long-term assets of discontinued operations    
Total assets of discontinued operations    
Accounts payable    
Accrued expenses    
Current portion of long-term debt    
Current portion of operating lease obligation    
Current portion of finance lease obligation    
Deferred revenue and customer deposits    
Total current liabilities of discontinued operations    
Long-term debt, net of current portion    
Operating lease obligation, net of current portion    
Finance lease obligation, net of current portion    
Other long-term liabilities    
Total long-term liabilities of discontinued operations    
Total liabilities of discontinued operations    
Net revenues 1,197  
Cost of revenues 836  
Gross profit 361  
Selling and administrative expenses 704  
(Loss) income from operations (343)  
Gain on Convergent transaction  
Gain on Firefly transaction 270  
Other expense  
Income (loss) from discontinued operations (73)  
Income tax expense  
Net income from discontinued operations (Note 3) $ (73)  
XML 51 R40.htm IDEA: XBRL DOCUMENT v3.21.1
Revenue (Details Narrative) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Deferred contract costs
Unearned revenue 2,000  
During 2021 [Member]    
Unearned revenue 1,300  
During 2022 [Member]    
Unearned revenue $ 700  
XML 52 R41.htm IDEA: XBRL DOCUMENT v3.21.1
Revenue - Schedule of Disaggregation of Revenue (Major Source) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Disaggregation of Revenue [Line Items]    
Total net revenues $ 4,772 $ 7,414
Strong Entertainment [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 4,472 7,313
Other [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 300 101
Product [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 3,528 5,232
Product [Member] | Screen System Sales [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 2,047 2,956
Product [Member] | Digital Equipment Sales [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 1,175 1,649
Product [Member] | Extended Warranty Sales [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 32 159
Product [Member] | Other Product Sales [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 274 468
Product [Member] | Strong Entertainment [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 3,528 5,232
Product [Member] | Strong Entertainment [Member] | Screen System Sales [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 2,047 2,956
Product [Member] | Strong Entertainment [Member] | Digital Equipment Sales [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 1,175 1,649
Product [Member] | Strong Entertainment [Member] | Extended Warranty Sales [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 32 159
Product [Member] | Strong Entertainment [Member] | Other Product Sales [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 274 468
Product [Member] | Other [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues
Product [Member] | Other [Member] | Screen System Sales [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues
Product [Member] | Other [Member] | Digital Equipment Sales [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues
Product [Member] | Other [Member] | Extended Warranty Sales [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues
Product [Member] | Other [Member] | Other Product Sales [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues
Service [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 1,244 2,182
Service [Member] | Field Maintenance and Monitoring Services [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 863 1,804
Service [Member] | Installation Services [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 71 257
Service [Member] | Other Service Revenues [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 310 121
Service [Member] | Strong Entertainment [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 944 2,081
Service [Member] | Strong Entertainment [Member] | Field Maintenance and Monitoring Services [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 863 1,804
Service [Member] | Strong Entertainment [Member] | Installation Services [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 71 257
Service [Member] | Strong Entertainment [Member] | Other Service Revenues [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 10 20
Service [Member] | Other [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 300 101
Service [Member] | Other [Member] | Field Maintenance and Monitoring Services [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues
Service [Member] | Other [Member] | Installation Services [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues
Service [Member] | Other [Member] | Other Service Revenues [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues $ 300 $ 101
XML 53 R42.htm IDEA: XBRL DOCUMENT v3.21.1
Revenue - Schedule of Disaggregation of Revenue (Timing of Transfer) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Disaggregation of Revenue [Line Items]    
Total net revenues $ 4,772 $ 7,414
Transferred at Point in Time [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 3,760 5,719
Transferred Over Time [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 1,012 1,695
Strong Entertainment [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 4,472 7,313
Strong Entertainment [Member] | Transferred at Point in Time [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 3,756 5,715
Strong Entertainment [Member] | Transferred Over Time [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 716 1,598
Other [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 300 101
Other [Member] | Transferred at Point in Time [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues 4 4
Other [Member] | Transferred Over Time [Member]    
Disaggregation of Revenue [Line Items]    
Total net revenues $ 296 $ 97
XML 54 R43.htm IDEA: XBRL DOCUMENT v3.21.1
Loss Per Common Share (Details Narrative) - shares
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Options To Purchase Shares of Common Stock [Member]    
Anti dilutive securities excluded from computation of earnings per share 514,500 1,057,000
Common Stock Equivalents [Member]    
Anti dilutive securities excluded from computation of earnings per share 142,557 86,725
XML 55 R44.htm IDEA: XBRL DOCUMENT v3.21.1
Loss Per Common Share - Schedule of Reconciliation Weighted Average Between Basic and Diluted Earnings Per Share (Details) - shares
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Earnings Per Share [Abstract]    
Basic weighted average shares outstanding 16,835,000 14,625,000
Dilutive effect of stock options and certain non-vested restricted stock awards
Diluted weighted average shares outstanding 16,835,000 14,625,000
XML 56 R45.htm IDEA: XBRL DOCUMENT v3.21.1
Inventories (Details Narrative) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Inventory Disclosure [Abstract]    
Inventory valuation reserves $ 400 $ 400
XML 57 R46.htm IDEA: XBRL DOCUMENT v3.21.1
Inventories - Schedule of Inventories (Details) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Inventory Disclosure [Abstract]    
Raw materials and components $ 1,485 $ 1,584
Work in process 289 141
Finished goods 566 539
Inventories net $ 2,340 $ 2,264
XML 58 R47.htm IDEA: XBRL DOCUMENT v3.21.1
Investments (Details Narrative)
$ in Thousands
1 Months Ended 3 Months Ended
Apr. 12, 2021
USD ($)
Apr. 12, 2021
$ / shares
Apr. 10, 2021
USD ($)
Aug. 03, 2020
USD ($)
Sep. 30, 2020
shares
Mar. 31, 2021
USD ($)
Mar. 31, 2020
USD ($)
Dec. 31, 2020
USD ($)
Schedule of Equity Method Investments [Line Items]                
Purchase price           $ 47 $ 282  
Accumulated deficit           17,465   $ 5,654
Equity Method Investees [Member]                
Schedule of Equity Method Investments [Line Items]                
Accumulated deficit           $ 4,800    
FG Financial Group, Inc. [Member]                
Schedule of Equity Method Investments [Line Items]                
Number of shares of common stock | shares         1,100,000      
Decreased number of outstanding shares | shares         1,100,000      
Equity method ownership percentage         21.00% 20.80%   20.90%
Dividend received            
Quoted fair value of the company's ownership           $ 4,800    
FG Financial Group, Inc. [Member] | Minimum [Member]                
Schedule of Equity Method Investments [Line Items]                
Combined equity ownership percentage           50.00%    
GreenFirst Forest Products Inc. [Member]                
Schedule of Equity Method Investments [Line Items]                
Equity method ownership percentage           29.60%   29.60%
Dividend received            
Quoted fair value of the company's ownership           $ 15,700    
GreenFirst Forest Products Inc. [Member] | Subsequent Event [Member]                
Schedule of Equity Method Investments [Line Items]                
Commitment for rights offering     $ 1,600          
GreenFirst Forest Products Inc. [Member] | GreenFirst Purchase Agreement [Member] | Subsequent Event [Member]                
Schedule of Equity Method Investments [Line Items]                
Purchase price $ 214,000              
GreenFirst Forest Products Inc. [Member] | GreenFirst Purchase Agreement [Member] | Subsequent Event [Member] | Canadian Dollar [Member]                
Schedule of Equity Method Investments [Line Items]                
Subscription price per share | $ / shares   $ 1.50            
Firefly Systems, Inc. [Member] | Stock Purchase Agreement [Member] | Series A-3 Preferred Shares [Member]                
Schedule of Equity Method Investments [Line Items]                
Purchase of preferred stock       $ 4,000        
XML 59 R48.htm IDEA: XBRL DOCUMENT v3.21.1
Investments - Summary of Investments (Details) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Sep. 30, 2020
Schedule of Equity Method Investments [Line Items]      
Equity method investments, Carrying Amount $ 6,332 $ 7,067  
Total Investments 19,484 20,167  
FG Financial Group, Inc. [Member]      
Schedule of Equity Method Investments [Line Items]      
Equity method investments, Carrying Amount $ 3,954 $ 4,370  
Equity method investments, Economic Interest 20.80% 20.90% 21.00%
GreenFirst Forest Products Inc. [Member]      
Schedule of Equity Method Investments [Line Items]      
Equity method investments, Carrying Amount $ 2,378 $ 2,697  
Equity method investments, Economic Interest 29.60% 29.60%  
Firefly Systems, Inc. [Member]      
Schedule of Equity Method Investments [Line Items]      
Cost method investment, Carrying Amount $ 13,152 $ 13,100  
XML 60 R49.htm IDEA: XBRL DOCUMENT v3.21.1
Investments - Summary of Income (Loss) of Equity Method Investees (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Schedule of Equity Method Investments [Line Items]    
Equity method investment income (loss) $ (769) $ 1,369
FG Financial Group, Inc. [Member]    
Schedule of Equity Method Investments [Line Items]    
Equity method investment income (loss) (416) 1,417
GreenFirst Forest Products Inc. [Member]    
Schedule of Equity Method Investments [Line Items]    
Equity method investment income (loss) $ (353) $ (48)
XML 61 R50.htm IDEA: XBRL DOCUMENT v3.21.1
Investments - Summarized Financial Information (Details) - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Equity Method Investments and Joint Ventures [Abstract]    
Revenue [1] $ (243) $ 4,340
Operating (loss) income (3,178) 3,977
Net (loss) income $ (3,181) $ 8,121
[1] FGF records realized and unrealized gains and losses on investments in net investment income (loss), which is included in the revenue line above.
XML 62 R51.htm IDEA: XBRL DOCUMENT v3.21.1
Property, Plant and Equipment, Net - Schedule of Property, Plant and Equipment, Net (Details) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Total properties, cost $ 12,697 $ 12,610
Less: accumulated depreciation (7,267) (7,086)
Property, plant and equipment, net 5,430 5,524
Land [Member]    
Total properties, cost 51 51
Buildings and Improvements [Member]    
Total properties, cost 6,960 6,824
Machinery and Other Equipment [Member]    
Total properties, cost 4,688 4,635
Office Furniture and Fixtures [Member]    
Total properties, cost 864 946
OConstruction in Progress [Member]    
Total properties, cost $ 134 $ 154
XML 63 R52.htm IDEA: XBRL DOCUMENT v3.21.1
Goodwill - Summary of Changes in Carrying Amount of Goodwill (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2021
USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]  
Beginning balance $ 938
Foreign currency translation adjustment 12
Ending balance $ 950
XML 64 R53.htm IDEA: XBRL DOCUMENT v3.21.1
Debt (Details Narrative)
$ in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Sep. 05, 2017
CAD ($)
Mar. 31, 2021
USD ($)
Mar. 31, 2021
CAD ($)
Dec. 31, 2020
20-year Installment Loan [Member]        
Debt Instrument [Line Items]        
Loan term   20 years 20 years  
Proceeds from issuance of debt   $ 2,900    
Debt bearing interest fixed rate   29.50% 29.50%  
5-year Installment Loan [Member]        
Debt Instrument [Line Items]        
Loan term   5 years 5 years  
Proceeds from issuance of debt   $ 400    
Debt bearing interest fixed rate   2.95% 2.95%  
Canadian Dollar [Member] | 20-year Installment Loan [Member]        
Debt Instrument [Line Items]        
Proceeds from issuance of debt     $ 3,600  
Canadian Dollar [Member] | 5-year Installment Loan [Member]        
Debt Instrument [Line Items]        
Proceeds from issuance of debt     $ 500  
Demand Credit Agreement [Member]        
Debt Instrument [Line Items]        
Description on effective equity The credit agreement requires Strong/MDI to maintain a ratio of liabilities to "effective equity" (tangible stockholders' equity, less amounts receivable from affiliates and equity method investments) not exceeding 2 to 1, a current ratio (excluding amounts due from related parties) of at least 1.5 to 1 and minimum "effective equity" of CDN$8.0 million.      
Maximum liabilities to effective equity 200.00%      
Minimum current ratio 150.00%      
Demand Credit Agreement [Member] | Prime Rate [Member]        
Debt Instrument [Line Items]        
Interest rate on lender of installment loans 0.50%      
Demand Credit Agreement [Member] | 20-year Installment Loan [Member]        
Debt Instrument [Line Items]        
Loan term 20 years 20 years 20 years 20 years
Demand Credit Agreement [Member] | 5-year Installment Loan [Member]        
Debt Instrument [Line Items]        
Loan term 5 years 5 years 5 years 5 years
Demand Credit Agreement [Member] | Canadian Dollar [Member]        
Debt Instrument [Line Items]        
Minimum effective equity $ 8,000      
Demand Credit Agreement [Member] | Canadian Dollar [Member] | 20-year Installment Loan [Member]        
Debt Instrument [Line Items]        
Line of credit facility, maximum borrowing capacity 6,000      
Demand Credit Agreement [Member] | Canadian Dollar [Member] | 5-year Installment Loan [Member]        
Debt Instrument [Line Items]        
Line of credit facility, maximum borrowing capacity 500      
Line of Credit [Member] | Demand Credit Agreement [Member] | Canadian Dollar [Member]        
Debt Instrument [Line Items]        
Line of credit facility, maximum borrowing capacity $ 3,500      
XML 65 R54.htm IDEA: XBRL DOCUMENT v3.21.1
Debt - Schedule of Short-Term Debt (Details) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Debt Instrument [Line Items]    
Short-term ( Strong/MDI installment loan ) $ 3,674 $ 3,299
Insurance note payable 413
Total short-term debt 3,674 3,299
Strong/MDI 20-Year Installment Loan [Member]    
Debt Instrument [Line Items]    
Short-term ( Strong/MDI installment loan ) 2,883 2,906
Strong/MDI 5-Year Equipment Loan [Member]    
Debt Instrument [Line Items]    
Short-term ( Strong/MDI installment loan ) $ 378 $ 393
XML 66 R55.htm IDEA: XBRL DOCUMENT v3.21.1
Debt - Schedule of Short-Term Debt (Details) (Parenthetical)
3 Months Ended 12 Months Ended
Sep. 05, 2017
Mar. 31, 2021
Dec. 31, 2020
20-year Installment Loan [Member]      
Loan term   20 years  
5-year Installment Loan [Member]      
Loan term   5 years  
Demand Credit Agreement [Member] | 20-year Installment Loan [Member]      
Loan term 20 years 20 years 20 years
Demand Credit Agreement [Member] | 5-year Installment Loan [Member]      
Loan term 5 years 5 years 5 years
XML 67 R56.htm IDEA: XBRL DOCUMENT v3.21.1
Leases (Details Narrative) - USD ($)
$ in Thousands
3 Months Ended
Apr. 02, 2021
Mar. 31, 2021
Operating lease, expire term   Expiring through 2028.
Finance lease, expire term   Expiring through 2028.
Remaining payments contractually   $ 611
Subsequent Event [Member] | Settlement Agreement [Member]    
Remaining payments contractually $ 2,100  
Lease, option to extend amount $ 1,000  
Lease, description The $2.1 million plus sales tax owed under the Lease Agreement was paid upon execution of the Settlement Agreement and the lease equipment buyout will be paid in twelve monthly installments from June 1, 2021 to May 1, 2022. Upon payment in full, the Lease Agreement and all obligations thereunder will terminate.  
XML 68 R57.htm IDEA: XBRL DOCUMENT v3.21.1
Leases - Schedule of Lease Costs And Other Lease Information (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Leases [Abstract]    
Finance lease cost: Amortization of right-of-use assets $ 242 $ 282
Finance lease cost: Interest on lease liabilities 66 95
Operating lease cost 233 304
Short-term lease cost 15 14
Sublease income (72) (97)
Net lease cost 484 598
Operating cash flows from finance leases 66 95
Operating cash flows from operating leases 211 274
Financing cash flows from finance leases 242 214
Right-of-use assets obtained in exchange for new finance lease liabilities
Right-of-use assets obtained in exchange for new operating lease liabilities
Weighted-average remaining lease term - finance leases (years) 1 year 8 months 12 days  
Weighted-average remaining lease term - operating leases (years) 7 years  
Weighted-average discount rate - finance leases 13.00%  
Weighted-average discount rate - operating leases 5.00%  
XML 69 R58.htm IDEA: XBRL DOCUMENT v3.21.1
Leases - Schedule of Future Minimum Lease Payments (Details) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Leases [Abstract]    
Operating Leases, Remainder of 2021 $ 611  
Operating Leases, 2022 706  
Operating Leases, 2023 656  
Operating Leases, 2024 669  
Operating Leases, 2025 683  
Operating Leases, Thereafter 1,766  
Operating Leases, Total lease payments 5,091  
Less: Amount representing interest (812)  
Present value of lease payments 4,279  
Less: Current maturities (607) $ (619)
Lease obligations, net of current portion 3,672 3,817
Finance Leases, Remainder of 2021 922  
Finance Leases, 2022 1,168  
Finance Leases, 2023  
Finance Leases, 2024  
Finance Leases, 2025  
Finance Leases, Thereafter  
Finance Leases, Total lease payments 2,090  
Less: Amount representing interest (226)  
Present value of lease payments 1,864  
Less: Current maturities (1,047) (1,015)
Lease obligations, net of current portion $ 817 $ 1,091
XML 70 R59.htm IDEA: XBRL DOCUMENT v3.21.1
Income Taxes (Details Narrative) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Income Tax Disclosure [Abstract]    
Deferred tax assets
XML 71 R60.htm IDEA: XBRL DOCUMENT v3.21.1
Stock Compensation (Details Narrative) - USD ($)
$ in Thousands
3 Months Ended
Dec. 17, 2019
Mar. 31, 2021
Mar. 31, 2020
Restricted Stock Shares and Restricted Stock Units [Member]      
Compensation cost expected to be recognized, weighted average period   1 year 10 months 25 days  
Unrecognized for restricted stock, value   $ 1,000  
Stock Options [Member]      
Share-based compensation arrangement by share-based payment award, options, non-vested, number   346,500  
Unrecognized compensation cost related to stock option awards   $ 400  
Compensation cost expected to be recognized, weighted average period   2 years 9 months 18 days  
Year 2017 Plan [Member]      
Number of shares authorized for issuance 1,975,000    
Share based compensation extended expiration date Oct. 27, 2029    
Share based compensation arrangement, number of shares available for grant   2,431,856  
Selling and Administrative Expenses [Member]      
Share based compensation expense   $ 300 $ 300
XML 72 R61.htm IDEA: XBRL DOCUMENT v3.21.1
Stock Compensation - Summary of Stock Options Activities (Details)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2021
USD ($)
$ / shares
shares
Share-based Payment Arrangement [Abstract]  
Number of Options, Outstanding Beginning Balance 1,009,500
Number of Options, Granted
Number of Options, Exercised
Number of Options, Forfeited (142,000)
Number of Options, Expired (178,000)
Number of Options, Outstanding Ending Balance 689,500
Number of Options, Exercisable 343,000
Weighted Average Exercise Price Per Share, Outstanding Beginning Balance | $ / shares $ 3.99
Weighted Average Exercise Price Per Share, Forfeited | $ / shares 4.14
Weighted Average Exercise Price Per Share, Expired | $ / shares 5.05
Weighted Average Exercise Price Per Share, Outstanding Ending Balance | $ / shares 3.69
Weighted Average Exercise Price Per Share, Exercisable | $ / shares $ 4.69
Weighted Average Remaining Contractual Term (Years), Beginning Balance 7 years 3 months 19 days
Weighted Average Remaining Contractual Term (Years), Ending Balance 7 years 3 months 19 days
Weighted Average Remaining Contractual Term (Years), Exercisable 6 years 2 months 12 days
Aggregate Intrinsic Value, Beginning Balance | $ $ 51
Aggregate Intrinsic Value, Ending Balance | $ 144
Aggregate Intrinsic Value, Exercisable | $ $ 7
XML 73 R62.htm IDEA: XBRL DOCUMENT v3.21.1
Stock Compensation - Summary of Restricted Stock Activity (Details) - Restricted Stock Shares [Member]
3 Months Ended
Mar. 31, 2021
$ / shares
shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Number of Restricted Stock, Non-vested beginning balance 604,687
Number of Restricted Stock, Granted 78,493
Number of Restricted Stock, Shares vested (212,699)
Number of Restricted Stock, Shares forfeited
Number of Restricted Stock, Non-vested ending balance 470,481
Weighted Average Grant Date Fair Value, Non-vested beginning balance | $ / shares $ 2.38
Weighted Average Grant Date Fair Value, Granted | $ / shares 2.01
Weighted Average Grant Date Fair Value, Shares vested | $ / shares 3.12
Weighted Average Grant Date Fair Value, Non-vested ending balance | $ / shares $ 2.17
XML 74 R63.htm IDEA: XBRL DOCUMENT v3.21.1
Commitments, Contingencies and Concentrations (Details Narrative) - Customer Concentration Risk [Member]
3 Months Ended
Mar. 31, 2021
Sales Revenue, Net [Member] | Top 10 Customers [Member]  
Concentration Risk [Line Items]  
Concentration risk, percentage 56.00%
Sales Revenue, Net [Member] | One Customer [Member]  
Concentration Risk [Line Items]  
Concentration risk, percentage 10.00%
Accounts Receivable [Member] | Top 10 Customers [Member]  
Concentration Risk [Line Items]  
Concentration risk, percentage 35.00%
XML 75 R64.htm IDEA: XBRL DOCUMENT v3.21.1
Business Segment Information - Schedule of Segment Reporting Information by Segment (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Segment Reporting Information [Line Items]    
Total net revenues $ 4,772 $ 7,414
Total gross profit 1,160 1,867
Total segment operating income (260) (580)
Unallocated administrative expenses (1,497) (1,921)
Loss from operations (1,757) (2,501)
Other income, net 81 420
Loss from continuing operations before income taxes and equity method investment loss (1,676) (2,081)
Strong Entertainment [Member]    
Segment Reporting Information [Line Items]    
Total net revenues 4,472 7,313
Total gross profit 889 1,795
Total segment operating income (247) (374)
Other [Member]    
Segment Reporting Information [Line Items]    
Total net revenues 300 101
Total gross profit 271 72
Total segment operating income $ (13) $ (206)
XML 76 R65.htm IDEA: XBRL DOCUMENT v3.21.1
Business Segment Information - Reconciliation of Assets from Segment to Consolidated (Details) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Segment Reporting, Asset Reconciling Item [Line Items]    
Identifiable assets $ 65,264 $ 55,499
Strong Entertainment [Member]    
Segment Reporting, Asset Reconciling Item [Line Items]    
Identifiable assets 24,084 21,408
Corporate Assets [Member]    
Segment Reporting, Asset Reconciling Item [Line Items]    
Identifiable assets 41,180 23,971
Discontinued Operations [Member]    
Segment Reporting, Asset Reconciling Item [Line Items]    
Identifiable assets $ 10,120
XML 77 R66.htm IDEA: XBRL DOCUMENT v3.21.1
Business Segment Information - Schedule of Segment Reporting Information by Geographic Area (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Segment Reporting Information [Line Items]    
Net revenues $ 4,772 $ 7,414
United States [Member]    
Segment Reporting Information [Line Items]    
Net revenues 4,149 5,851
Canada [Member]    
Segment Reporting Information [Line Items]    
Net revenues 197 408
China [Member]    
Segment Reporting Information [Line Items]    
Net revenues 2 201
Mexico [Member]    
Segment Reporting Information [Line Items]    
Net revenues 16 78
Latin America [Member]    
Segment Reporting Information [Line Items]    
Net revenues 42 276
Europe [Member]    
Segment Reporting Information [Line Items]    
Net revenues 51 194
Asia (Excluding China) [Member]    
Segment Reporting Information [Line Items]    
Net revenues 132 258
Other [Member]    
Segment Reporting Information [Line Items]    
Net revenues $ 183 $ 148
XML 78 R67.htm IDEA: XBRL DOCUMENT v3.21.1
Business Segment Information - Summary of Identifiable Assets by Geographical Area (Details) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Segment Reporting Information [Line Items]    
Identifiable assets $ 65,264 $ 55,499
United States [Member]    
Segment Reporting Information [Line Items]    
Identifiable assets 46,830 34,924
Canada [Member]    
Segment Reporting Information [Line Items]    
Identifiable assets $ 18,434 $ 20,575
EXCEL 79 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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�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end XML 80 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 81 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 82 FilingSummary.xml IDEA: XBRL DOCUMENT 3.21.1 html 236 410 1 true 82 0 false 6 false false R1.htm 00000001 - Document - Document and Entity Information Sheet http://ballantynestrong.com/role/DocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 00000002 - Statement - Condensed Consolidated Balance Sheets Sheet http://ballantynestrong.com/role/BalanceSheets Condensed Consolidated Balance Sheets Statements 2 false false R3.htm 00000003 - Statement - Condensed Consolidated Balance Sheets (Parenthetical) Sheet http://ballantynestrong.com/role/BalanceSheetsParenthetical Condensed Consolidated Balance Sheets (Parenthetical) Statements 3 false false R4.htm 00000004 - Statement - Condensed Consolidated Statements of Operations (Unaudited) Sheet http://ballantynestrong.com/role/StatementsOfOperations Condensed Consolidated Statements of Operations (Unaudited) Statements 4 false false R5.htm 00000005 - Statement - Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) Sheet http://ballantynestrong.com/role/StatementsOfComprehensiveIncomeLoss Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) Statements 5 false false R6.htm 00000006 - Statement - Condensed Consolidated Statements of Stockholders' Equity (Unaudited) Sheet http://ballantynestrong.com/role/StatementsOfStockholdersEquity Condensed Consolidated Statements of Stockholders' Equity (Unaudited) Statements 6 false false R7.htm 00000007 - Statement - Condensed Consolidated Statements of Cash Flows (Unaudited) Sheet http://ballantynestrong.com/role/StatementsOfCashFlows Condensed Consolidated Statements of Cash Flows (Unaudited) Statements 7 false false R8.htm 00000008 - Disclosure - Nature of Operations Sheet http://ballantynestrong.com/role/NatureOfOperations Nature of Operations Notes 8 false false R9.htm 00000009 - Disclosure - Summary of Significant Accounting Policies Sheet http://ballantynestrong.com/role/SummaryOfSignificantAccountingPolicies Summary of Significant Accounting Policies Notes 9 false false R10.htm 00000010 - Disclosure - Discontinued Operations Sheet http://ballantynestrong.com/role/DiscontinuedOperations Discontinued Operations Notes 10 false false R11.htm 00000011 - Disclosure - Revenue Sheet http://ballantynestrong.com/role/Revenue Revenue Notes 11 false false R12.htm 00000012 - Disclosure - Loss Per Common Share Sheet http://ballantynestrong.com/role/LossPerCommonShare Loss Per Common Share Notes 12 false false R13.htm 00000013 - Disclosure - Inventories Sheet http://ballantynestrong.com/role/Inventories Inventories Notes 13 false false R14.htm 00000014 - Disclosure - Investments Sheet http://ballantynestrong.com/role/Investments Investments Notes 14 false false R15.htm 00000015 - Disclosure - Property, Plant and Equipment, Net Sheet http://ballantynestrong.com/role/PropertyPlantAndEquipmentNet Property, Plant and Equipment, Net Notes 15 false false R16.htm 00000016 - Disclosure - Goodwill Sheet http://ballantynestrong.com/role/Goodwill Goodwill Notes 16 false false R17.htm 00000017 - Disclosure - Debt Sheet http://ballantynestrong.com/role/Debt Debt Notes 17 false false R18.htm 00000018 - Disclosure - Leases Sheet http://ballantynestrong.com/role/Leases Leases Notes 18 false false R19.htm 00000019 - Disclosure - Income Taxes Sheet http://ballantynestrong.com/role/IncomeTaxes Income Taxes Notes 19 false false R20.htm 00000020 - Disclosure - Stock Compensation Sheet http://ballantynestrong.com/role/StockCompensation Stock Compensation Notes 20 false false R21.htm 00000021 - Disclosure - Commitments, Contingencies and Concentrations Sheet http://ballantynestrong.com/role/CommitmentsContingenciesAndConcentrations Commitments, Contingencies and Concentrations Notes 21 false false R22.htm 00000022 - Disclosure - Business Segment Information Sheet http://ballantynestrong.com/role/BusinessSegmentInformation Business Segment Information Notes 22 false false R23.htm 00000023 - Disclosure - Summary of Significant Accounting Policies (Policies) Sheet http://ballantynestrong.com/role/SummaryOfSignificantAccountingPoliciesPolicies Summary of Significant Accounting Policies (Policies) Policies http://ballantynestrong.com/role/SummaryOfSignificantAccountingPolicies 23 false false R24.htm 00000024 - Disclosure - Summary of Significant Accounting Policies (Tables) Sheet http://ballantynestrong.com/role/SummaryOfSignificantAccountingPoliciesTables Summary of Significant Accounting Policies (Tables) Tables http://ballantynestrong.com/role/SummaryOfSignificantAccountingPolicies 24 false false R25.htm 00000025 - Disclosure - Discontinued Operations (Tables) Sheet http://ballantynestrong.com/role/DiscontinuedOperationsTables Discontinued Operations (Tables) Tables http://ballantynestrong.com/role/DiscontinuedOperations 25 false false R26.htm 00000026 - Disclosure - Revenue (Tables) Sheet http://ballantynestrong.com/role/RevenueTables Revenue (Tables) Tables http://ballantynestrong.com/role/Revenue 26 false false R27.htm 00000027 - Disclosure - Loss Per Common Share (Tables) Sheet http://ballantynestrong.com/role/LossPerCommonShareTables Loss Per Common Share (Tables) Tables http://ballantynestrong.com/role/LossPerCommonShare 27 false false R28.htm 00000028 - Disclosure - Inventories (Tables) Sheet http://ballantynestrong.com/role/InventoriesTables Inventories (Tables) Tables http://ballantynestrong.com/role/Inventories 28 false false R29.htm 00000029 - Disclosure - Investments (Tables) Sheet http://ballantynestrong.com/role/InvestmentsTables Investments (Tables) Tables http://ballantynestrong.com/role/Investments 29 false false R30.htm 00000030 - Disclosure - Property, Plant and Equipment, Net (Tables) Sheet http://ballantynestrong.com/role/PropertyPlantAndEquipmentNetTables Property, Plant and Equipment, Net (Tables) Tables http://ballantynestrong.com/role/PropertyPlantAndEquipmentNet 30 false false R31.htm 00000031 - Disclosure - Goodwill (Tables) Sheet http://ballantynestrong.com/role/GoodwillTables Goodwill (Tables) Tables http://ballantynestrong.com/role/Goodwill 31 false false R32.htm 00000032 - Disclosure - Debt (Tables) Sheet http://ballantynestrong.com/role/DebtTables Debt (Tables) Tables http://ballantynestrong.com/role/Debt 32 false false R33.htm 00000033 - Disclosure - Leases (Tables) Sheet http://ballantynestrong.com/role/LeasesTables Leases (Tables) Tables http://ballantynestrong.com/role/Leases 33 false false R34.htm 00000034 - Disclosure - Stock Compensation (Tables) Sheet http://ballantynestrong.com/role/StockCompensationTables Stock Compensation (Tables) Tables http://ballantynestrong.com/role/StockCompensation 34 false false R35.htm 00000035 - Disclosure - Business Segment Information (Tables) Sheet http://ballantynestrong.com/role/BusinessSegmentInformationTables Business Segment Information (Tables) Tables http://ballantynestrong.com/role/BusinessSegmentInformation 35 false false R36.htm 00000036 - Disclosure - Summary of Significant Accounting Policies (Details Narrative) Sheet http://ballantynestrong.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative Summary of Significant Accounting Policies (Details Narrative) Details http://ballantynestrong.com/role/SummaryOfSignificantAccountingPoliciesTables 36 false false R37.htm 00000037 - Disclosure - Summary of Significant Accounting Policies - Schedule of Fair Value Measured Financial Assets and Liabilities (Details) Sheet http://ballantynestrong.com/role/SummaryOfSignificantAccountingPolicies-ScheduleOfFairValueMeasuredFinancialAssetsAndLiabilitiesDetails Summary of Significant Accounting Policies - Schedule of Fair Value Measured Financial Assets and Liabilities (Details) Details 37 false false R38.htm 00000038 - Disclosure - Discontinued Operations (Details Narrative) Sheet http://ballantynestrong.com/role/DiscontinuedOperationsDetailsNarrative Discontinued Operations (Details Narrative) Details http://ballantynestrong.com/role/DiscontinuedOperationsTables 38 false false R39.htm 00000039 - Disclosure - Discontinued Operations - Schedule of Financial Results of Discontinued Operations (Details) Sheet http://ballantynestrong.com/role/DiscontinuedOperations-ScheduleOfFinancialResultsOfDiscontinuedOperationsDetails Discontinued Operations - Schedule of Financial Results of Discontinued Operations (Details) Details 39 false false R40.htm 00000040 - Disclosure - Revenue (Details Narrative) Sheet http://ballantynestrong.com/role/RevenueDetailsNarrative Revenue (Details Narrative) Details http://ballantynestrong.com/role/RevenueTables 40 false false R41.htm 00000041 - Disclosure - Revenue - Schedule of Disaggregation of Revenue (Major Source) (Details) Sheet http://ballantynestrong.com/role/Revenue-ScheduleOfDisaggregationOfRevenueMajorSourceDetails Revenue - Schedule of Disaggregation of Revenue (Major Source) (Details) Details 41 false false R42.htm 00000042 - Disclosure - Revenue - Schedule of Disaggregation of Revenue (Timing of Transfer) (Details) Sheet http://ballantynestrong.com/role/Revenue-ScheduleOfDisaggregationOfRevenueTimingOfTransferDetails Revenue - Schedule of Disaggregation of Revenue (Timing of Transfer) (Details) Details 42 false false R43.htm 00000043 - Disclosure - Loss Per Common Share (Details Narrative) Sheet http://ballantynestrong.com/role/LossPerCommonShareDetailsNarrative Loss Per Common Share (Details Narrative) Details http://ballantynestrong.com/role/LossPerCommonShareTables 43 false false R44.htm 00000044 - Disclosure - Loss Per Common Share - Schedule of Reconciliation Weighted Average Between Basic and Diluted Earnings Per Share (Details) Sheet http://ballantynestrong.com/role/LossPerCommonShare-ScheduleOfReconciliationWeightedAverageBetweenBasicAndDilutedEarningsPerShareDetails Loss Per Common Share - Schedule of Reconciliation Weighted Average Between Basic and Diluted Earnings Per Share (Details) Details 44 false false R45.htm 00000045 - Disclosure - Inventories (Details Narrative) Sheet http://ballantynestrong.com/role/InventoriesDetailsNarrative Inventories (Details Narrative) Details http://ballantynestrong.com/role/InventoriesTables 45 false false R46.htm 00000046 - Disclosure - Inventories - Schedule of Inventories (Details) Sheet http://ballantynestrong.com/role/Inventories-ScheduleOfInventoriesDetails Inventories - Schedule of Inventories (Details) Details 46 false false R47.htm 00000047 - Disclosure - Investments (Details Narrative) Sheet http://ballantynestrong.com/role/InvestmentsDetailsNarrative Investments (Details Narrative) Details http://ballantynestrong.com/role/InvestmentsTables 47 false false R48.htm 00000048 - Disclosure - Investments - Summary of Investments (Details) Sheet http://ballantynestrong.com/role/Investments-SummaryOfInvestmentsDetails Investments - Summary of Investments (Details) Details 48 false false R49.htm 00000049 - Disclosure - Investments - Summary of Income (Loss) of Equity Method Investees (Details) Sheet http://ballantynestrong.com/role/Investments-SummaryOfIncomeLossOfEquityMethodInvesteesDetails Investments - Summary of Income (Loss) of Equity Method Investees (Details) Details 49 false false R50.htm 00000050 - Disclosure - Investments - Summarized Financial Information (Details) Sheet http://ballantynestrong.com/role/Investments-SummarizedFinancialInformationDetails Investments - Summarized Financial Information (Details) Details 50 false false R51.htm 00000051 - Disclosure - Property, Plant and Equipment, Net - Schedule of Property, Plant and Equipment, Net (Details) Sheet http://ballantynestrong.com/role/PropertyPlantAndEquipmentNet-ScheduleOfPropertyPlantAndEquipmentNetDetails Property, Plant and Equipment, Net - Schedule of Property, Plant and Equipment, Net (Details) Details 51 false false R52.htm 00000052 - Disclosure - Goodwill - Summary of Changes in Carrying Amount of Goodwill (Details) Sheet http://ballantynestrong.com/role/Goodwill-SummaryOfChangesInCarryingAmountOfGoodwillDetails Goodwill - Summary of Changes in Carrying Amount of Goodwill (Details) Details 52 false false R53.htm 00000053 - Disclosure - Debt (Details Narrative) Sheet http://ballantynestrong.com/role/DebtDetailsNarrative Debt (Details Narrative) Details http://ballantynestrong.com/role/DebtTables 53 false false R54.htm 00000054 - Disclosure - Debt - Schedule of Short-Term Debt (Details) Sheet http://ballantynestrong.com/role/Debt-ScheduleOfShort-termDebtDetails Debt - Schedule of Short-Term Debt (Details) Details 54 false false R55.htm 00000055 - Disclosure - Debt - Schedule of Short-Term Debt (Details) (Parenthetical) Sheet http://ballantynestrong.com/role/Debt-ScheduleOfShort-termDebtDetailsParenthetical Debt - Schedule of Short-Term Debt (Details) (Parenthetical) Details 55 false false R56.htm 00000056 - Disclosure - Leases (Details Narrative) Sheet http://ballantynestrong.com/role/LeasesDetailsNarrative Leases (Details Narrative) Details http://ballantynestrong.com/role/LeasesTables 56 false false R57.htm 00000057 - Disclosure - Leases - Schedule of Lease Costs And Other Lease Information (Details) Sheet http://ballantynestrong.com/role/Leases-ScheduleOfLeaseCostsAndOtherLeaseInformationDetails Leases - Schedule of Lease Costs And Other Lease Information (Details) Details 57 false false R58.htm 00000058 - Disclosure - Leases - Schedule of Future Minimum Lease Payments (Details) Sheet http://ballantynestrong.com/role/Leases-ScheduleOfFutureMinimumLeasePaymentsDetails Leases - Schedule of Future Minimum Lease Payments (Details) Details 58 false false R59.htm 00000059 - Disclosure - Income Taxes (Details Narrative) Sheet http://ballantynestrong.com/role/IncomeTaxesDetailsNarrative Income Taxes (Details Narrative) Details http://ballantynestrong.com/role/IncomeTaxes 59 false false R60.htm 00000060 - Disclosure - Stock Compensation (Details Narrative) Sheet http://ballantynestrong.com/role/StockCompensationDetailsNarrative Stock Compensation (Details Narrative) Details http://ballantynestrong.com/role/StockCompensationTables 60 false false R61.htm 00000061 - Disclosure - Stock Compensation - Summary of Stock Options Activities (Details) Sheet http://ballantynestrong.com/role/StockCompensation-SummaryOfStockOptionsActivitiesDetails Stock Compensation - Summary of Stock Options Activities (Details) Details 61 false false R62.htm 00000062 - Disclosure - Stock Compensation - Summary of Restricted Stock Activity (Details) Sheet http://ballantynestrong.com/role/StockCompensation-SummaryOfRestrictedStockActivityDetails Stock Compensation - Summary of Restricted Stock Activity (Details) Details 62 false false R63.htm 00000063 - Disclosure - Commitments, Contingencies and Concentrations (Details Narrative) Sheet http://ballantynestrong.com/role/CommitmentsContingenciesAndConcentrationsDetailsNarrative Commitments, Contingencies and Concentrations (Details Narrative) Details http://ballantynestrong.com/role/CommitmentsContingenciesAndConcentrations 63 false false R64.htm 00000064 - Disclosure - Business Segment Information - Schedule of Segment Reporting Information by Segment (Details) Sheet http://ballantynestrong.com/role/BusinessSegmentInformation-ScheduleOfSegmentReportingInformationBySegmentDetails Business Segment Information - Schedule of Segment Reporting Information by Segment (Details) Details 64 false false R65.htm 00000065 - Disclosure - Business Segment Information - Reconciliation of Assets from Segment to Consolidated (Details) Sheet http://ballantynestrong.com/role/BusinessSegmentInformation-ReconciliationOfAssetsFromSegmentToConsolidatedDetails Business Segment Information - Reconciliation of Assets from Segment to Consolidated (Details) Details 65 false false R66.htm 00000066 - Disclosure - Business Segment Information - Schedule of Segment Reporting Information by Geographic Area (Details) Sheet http://ballantynestrong.com/role/BusinessSegmentInformation-ScheduleOfSegmentReportingInformationByGeographicAreaDetails Business Segment Information - Schedule of Segment Reporting Information by Geographic Area (Details) Details 66 false false R67.htm 00000067 - Disclosure - Business Segment Information - Summary of Identifiable Assets by Geographical Area (Details) Sheet http://ballantynestrong.com/role/BusinessSegmentInformation-SummaryOfIdentifiableAssetsByGeographicalAreaDetails Business Segment Information - Summary of Identifiable Assets by Geographical Area (Details) Details 67 false false All Reports Book All Reports btn-20210331.xml btn-20210331.xsd btn-20210331_cal.xml btn-20210331_def.xml btn-20210331_lab.xml btn-20210331_pre.xml http://xbrl.sec.gov/country/2021 http://fasb.org/us-gaap/2021-01-31 http://fasb.org/srt/2021-01-31 http://xbrl.sec.gov/dei/2021 true true ZIP 84 0001493152-21-010641-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001493152-21-010641-xbrl.zip M4$L#!!0 ( R%IE+2;FC9Y>0 *W3#0 0 8G1N+3(P,C$P,S,Q+GAM M;.R]:W/CR)$H^GTC]C_@]MKGCB,D-<$W>SQS0JU'K\[I;LF2QK-SOS@@HDB6 M&P1H/"31O_YF5@$@ (DW@3(VO#::A)$Y3NSLK(R__J_WY>:]$I,BQKZ+Q_D MB\X'B>A30Z7Z_)6Y)/TA>C$5&S#_%GZNZ(Y^(EQ2S5B2E?&^W>BJX;YV^.=_]J%;:\^??SX]O9VH1NORIMA_K NIL8RW?N>#,>< M$O]EGY^_2]U.5^[T>K(D=_XF_4V6KF^_7[S/ (]KQ89'\.L_=Z\[ _ROX;,\ M^M2=?)+E_R_E>K9B.Y:_7N>]X_X?__E?WU],C7["_Y: %[KUZ=VBOWP(X/C6 MNS#,^<=NIR-__)]O7Y^F"[)4SJENV8H^)1^\7VE4_Q'W.WDRF7QDWWJ/;CV) MBWMK]#[BUR^*M7DS KCC^2U(X%O5]G\0?'CPD7\9>I3&/CKDCU+O495$GK/( M]&)NO'Z$+SXBA[P'33)+!';X$;[U'J26T>_*HUV8\2>\'SC6^5Q15OX/9HKU MPAYVOV!@G'?D\YX<^(EI:,2*_0W[)N9'JFV>V^M5X%ZT3RS8-?8[:]]'3H@^> M4J @?;*8N#Z2F<1D\-."\>?%UL^]YR_>+?6#^RWB]_4@&8]Y5&I]2%55(I/,D#37 QGUQ$[LTG8K[2*;E\I]:' M7UTT/X70_.O'V#<&H?D8#\Y1&N444N+2]-BE)(2FD)(X*>D$I*0C;,EAI:23 M1THZ!Y8284N$E"1*2^KA9EH&-^C^EY)JF"7 MJ[A456H#$17M0:'JG7ZEK*BM:"I$O5%,G>ISZZ2$(AYYX632.!DA. <7G .[%2$!#9* @SN29Y,HEF.N M3V\'&X.Y<"%I7(@0F4:D/0[B/ 3O&\'[@[N-R^G463H:4$Z]MQ?$1*J99(&T M?25W^M18MOP<,^L^-2T]A(M)E0H3XM4.\3ITBDS(2=ODI%K7%;8G+2N:.(PR MM99(M01!NXH_Q=EO$_;-S:L(#9?@"W$YM+C4=:L@?#]%\+U!?*_TRDT*5R'. M)UZ!29 MD)/6RQ7?Z MRK&MKT!J33X.\?%1^[SV__QO6$L\Z M+Q;YEX/9(]CBN4'IP@(J*12[G)F%[O_!#3\J3?[W9V$V2]!::!0"?WTEZ@3UV M=>FZ7L?+N50LO$)FCU)FMS-#O4[FS%!0U.N?-R!$78AZ/E%O5!*4B[H\P7%! M76;5W;_]3/HM-3%, M!8O!DX0?@"769??!=#/:3PO%)"VO;TR4P002EB/Y*?0O&X_*!3E\A>:EJY,X8 M]M!>4SGXNY=NM[=E4W*OZ9Q? %6I\O7K5;NE+H7MV469JG>YR00_ MM/BCE&45?R:.M8M_.0(>":5[IQ9*MU4+R@^HXUDO]/&@^GAR6UNAC\W=X#99 M'^5.PG8BA:[MDKFVJMKAI;PR):]4P)D<-6__L^/N@+>/=*W&,?F)/89R!^;B MW"RG%"7D!,.D[AV#D#4ZR;V#WD*T,]_+PR2K.S_<.A+_GCJYG("WD*(4!R57 MAOY*S/G1"(MO=#X[%M6)93WQUUD;H8FB?*SG$/$,Y\'QO6.KAG$DES!3\#P& MZV-E^WYO(71>^(:L,B/,AKBSG?JP6UB;!EF;YHVVVB\SPMHTP=HT3W(B][Y= M:;EV3*K/G]^,YX7A6(JN/K\!UNM[_4B:U%R^*2:CXD94]J%\P."VSHO_NP4 M/C@U ?!1/E8!2'$3Z,$T5&<:>QY] R\RL8EQS('UU"1$YQG1)T5K>^K7,NU/ M+B'NO019^(IOB$P597[W^;H8?I0+"6_;YL/SU9CR"Q8;..+9+J+\8EKG]QC4 M--9+SQ, H7,'TCG?E<0R1"C=,2B=T"HARD\G$[GM M8+W0OCJB-Z%[IQO!">6KVO4)[1(B?60BO3>:NWFW 5*B_JY@L9>]%C)_,M'< M#M8+[:LCFA.Z=[K1G%"^JEV?T"XATD3^92"Z![4+KZHCB MA,Z=9@0GE*Y*5R>T2HCRD8AR8I0@A#F',%<;E@F!SA\0"7$N7YR+1CQ"GB,C M"SA[,VZK;RG1U&_PE4UT10?IT-5OADYM PO"O:OPQZX$(=*UR::7&BIE$ 6A MG<6T,]WV6^CF076S45MRH9QUNTZA?=5JGQ#YQHG\WFCQ#F_?:1ICE%"!4PH. MDSDO=*^.6%!HWLF&?D+U*G9[0K>$0!^50*B>ZTO+E)DYU)D\*X M1,8+S:LCBA-Z=ZI!G%"\:EV>T"PASD(L"FO* MD>=C-<7"*A["*AZ7_1.FJ#(ABFMD+9J1MJ2HM4FYOB8VDVM>$_#,6B>:D39, MYQJ5YQ-*5ZFK$UHE1/E(1%DT(VV4%VE2Y-;4YG%'H'VB&6D#=:]1$9Q0OJI= MG] N(=)')M*B&6FS/$J3HKFF-H\[ NT3S4@;J'N-BN:$\E7M^H1V"9$^,I$6 MS4B;XTV:%,DUL9G<$6B=:$;:,)UK5 0GE*Y*5R>T2HCRD8CRT17J-ME%-+:'D/WJ8HN3DOPVA!5"]$N+*(Y+ MMH5 U9OR$MF*(PDFFA9--S9GESWQ*W2@+6&%4((2E."XI5R(5DNBC..*:]L? M8#0HPFZ5[(ML1>O#"B'ZI444QR7;0J#J37^Y<<25L5P:^I-M3'_@T(Y713N> M*IU+>*]*-<>FK^2)3!V3VI18-^]3S5&)BK0![%>.S8J\[V]CM\"Y\LMQ=8K5-&^ MF(:SNM.G[19#E=!/7\E,TF8'EIF)GED!GE8C&18"F1#/^P3/L?WZA.E\Y2B$">?27>+'E4]+D;Z.,_0_0\ MH*!%XJ)R!6U_A"ZLC(BEL\;20F8.'L$T+.K-Z-"$G+3=L<0S_(M)B'Y+3YE3NMX&;\7XV,5@/U>0@C#P86AX5YC?W0J9*A9,M38:!76Z)_+O@S! MW]W4,K3]X(-C3A>*12[G\%%,\<.3\V*1?SGPQS M2YP%.F=$CX,D@3/E0A)A+P(6:4,1Q_]#*R;*?V;%1$4Y=L7TCX 475&IHE\; MFJ:80FF%TI8-P^6;8JJ;E=G168S0"4N1:"DZDX"EZ*2W%,(S5ZCD;?6'G4D> M*:_VD"^RP<'C='O]C=@+0[W37X&7I.UMLE.XAAU8'W^^9'S>Z7KY$OB[ERYX M8<472>&/]PQ 1JS+WH-)>/4:*^_8FG\%WVKKIS40?=G^C70*:=M%NG(,97)> M.)[8)9MGKV[W2E,LL#(,WP#ZNZ3BT!DI5(;,&2G4FEK/,8Y+9L?'G@[QJ_4ATV/E<0U]/(=O": M+!5=Y=\D[!CCLI/=_J0_& T[D[8:0&]?Q#&_5:94\^V@]]TVU6K+B^]@RTED MHS?VWY/E*NV_NT:?V25/=](KR/,;?+3^@RBF.U\-'_EJ*'J[8X0FB>DU>;&1 MN*83!F /Z0^9N?"$*IMWB$A[I=ZA- G?Y2GD[G@RF S'HX'0@P;K@? 9]?J, M6_I*A,P*,4JJK!.BTP31:5 WFKS)I6.5 M%)'.:;A=*RC30FZ%""45G0NQ.0VW&,]_/F3@V_7=D<=(3PO#M)^)N429"+N? MM"0XE7!-:^>WJ)Y1$]\-F%_J! M5CI5;2;[@?!:"*H0U)Q!=3]/4!V4[]JVC[Y\$TVC^OP+T8FI:)>Z>JDNJ4[! MZ2DX-._F?05\.9;.?7?ZU%@2OZW85V/*)@=&1#L+10XM<&W8Q0F!.Q:!:]ZD M!;=LGO4GD4>>7\;@_/G->%X8C@5;A2>"/HH0_4$[ENT18O)=608.!?;C?+@H MSN-/E5&L^#IY'2F(W#7!XKG]-LC 3/Q98FT2T\$@C/Z=0F*J,?[SP-H7OD\]]T M:A_)5F9/,^[L!#E!VR*$IZW"TW CE5/FCD.X8N[W[,!62$Z* DLA+8=W4@W4'O*5>T0: ]%GHD\72\7\$=GEQ7&K'& LT_[T3?FG M8?KL#E2%Q3E=&HXN@V,GA+ZBCW A%HV6BV3&"8T\\@TWO->) M]QZADH=6R0-YRBT9$+J8^F;H#3QFV@K5CZ@ STN8?78LJA/+>N*O"TA,(N[' MNGF)%X$KPUP9)K8ZM2QR=/G29/;'XGU:K+^F%CY$P5*K]_!B9MQ/1P)VH7_D M@A!['URX@::X@0/,.A1NH!ENX "L%VZ@B6[@8%T@,*%BKO_QVU-;>8_;1)_O M7X@Q-Y75@DX5C?/<1?#3;T]BBYA5**XNCUPHKBZ%4&06BN_'+A3?A5!D%8IO M_W/D0O'M?X10I!4*(.D_OD)IYJA4GU\MJ'[<9@6WJDDH"]G)*#OW]@(/3M&3 MT[97Z*60FSATAG$ J1$1%"L2T4(B,BA"(J%"(C(H3" M%PJ1$1&=>#()B\B(" %)=C$B(]*DC$@;94=D1(3,[*X9%5F0J@3A4%7 (H5Q M)!SU"_J$CM; T5I+-(6.MIVC*4ZC6/ !/5*04H+QR;%:#>S^[44P=XGKK@9B, M))_7\2\(Q'6I22G.O[+N$(24GIB4-GY/XMT._ZKHZG&(W@.FOTQ[C:UB[4M= M]2=3QMT WZ!](O&MX/?A^5UG6RV/WY\=JF&"[VZY,HU7%DFV/$65B__)9#@Q M_1?RT%QY.(1]^*9,%U0GYCI(L1,4B!UT.#$+(22BR1)Q@-:<][,9G9);![9J MMF,2(,_3LEQL+WG'D*$D4"\SCK]0R^EUY] F>\5[F M?15> M^6\'Z>_DURCW&@#?0\(Z*GT%R=JF+?[VN[/$EBA&3*_&##2( MPACWUL"BUT0WEE3?M^Q^ND37C7NQ]WV("BD(^D!,;(FIS,D>QJW@S]QLN[K> MODL0)?O597[1@_=7+A:)\!V%6*B$?KHVI@X:,[25DFM+'LELU^'OAU_ESOG? M_OHQ^O/@:R_A0Q6_N-64>>KWSA3-(OS%H1?$ ?S C.$-/Z1)O4+0 2>^+6ZY M6VI-%8T_=@N?6:F7_%MDJ:TW)2^'X_BR+89_QRWGORFXV)5CFJ$GLE+SW/-; MN]X67/&&>OE]^?__A^(ST]/]Y__W(FW7V_NN"K MQ[UY>^4K@IV M3M=)>__EZQ3+QT,:!+?%K,<)\DC61FF3?4Y5I-D8.8?: 7V MO6U[U5NJ$?,**#\WS/0H?C?TK+/6J M$(R1X"*AMVPO<@-6=HX3DTWCS5[@6;:BIT+XMWFK^H&Z8BT@F,?_P8#^5='PB.#2 MOE),(:4"Z\?YN(/O] MWN"@,*8@Y'#0'Q:'<3..!W^7FZLRDBL 2_BUV1=-Q:7>H%ORHBDP[0WD4A>- MYI!N%6HR3MWI*[ ,7\DKT60W75 K"]( UHT'[-VBGW2J_?(!7J M6CR:PLG-DO(%=#]@E;$DS>(Y6;(]D.4[L>-\71:3U!\,PS9\URI%(4IEKP:# MP3@W1'R>]\>_VPD0B^->N*J7#N=H?]U"OR;LKWLVMJK0Q+T2 V M=%9WNGM1+[;E;G8IV2N,I0*1SI&-^A'!R U#+=ALVG\#,\WYYI#\*+'DO=XA M3%<-P\QGX-C%00YD4;,FCX:3$!6WWYUO]522*O>' MZ9;JBCXEI5*I%P)GQPH%@4E'GKS ?#=L-H+[JZ'HX:C@NZ%/"ZI0MSL)"U*: MUY8;O)?AAF9F0^!@ZF4BI84CGHL;9 M(>#?YT9[.(BF O@+TR^3,LG2G\3%[)FQV3_F;#>%^YUQ,70C<,3/VMJS=9#' MG3)AV#GT*5>>);4"9V> #!PH0]X*,*#;FXSB=JVY8<[UTVW,NA&W7][ZL0'!M^N[ MYS>@Z1K+K>ZP:EC3T#5A8B25:QB/>]72JV1X)YUAS?2]I:^$%;-Y9>5I8>V- MQC63-C^HD\Q2$,ZU>EJ^+FK2AIVP:=V]3'&@TFVOY4D!H(*9U]+H)'?Z84+M M6J4H1.F.*3KR(#-$;(@IF1'X4'TDKP0B2BP>8G)-S&L".W):_-BFVQ]RJY%I MN=)@3.<_^^YA1BX8/9H'O.V!#[ K@"2=!YYTPGN=@H#4AU?.\^S6XUM":JS$ MF%KN]@>)!-U/H\)6="CW1AF73W!')20)(9S>=>H;LU0IL*53]+&<*E1(ABW6 M095 M2A@>]8I :R4#GHB%X'+;1.#:LU )<*43L$YD M+Y<1KKR6LY)3J6J 25F',!R6XJ&21;-2[/+YY6/!NJR#JZ"NE%!%$BG#2EZB M&# IJTM[.8$)/)2?%!TYXJ0#;\VX8,I3NWXD"[MC0;QH1'D)!^YBF"R""DVS M ;!/PAY,US2S&TU9KP:5]/:N8A6\TR2'=2+ZXCP+IRQ0'&9:^%)5*=HA M17M0*'C3*V5%;25_($ MI#O='D>*UK(C\&RR&_[K$FR /!Z,P\JX_?)\RZ>S!#F6#]#'G6RS7)ED@5U> M7@D/M;\:%@;8]S.(N7.3YKS?G6P='F99N0+ 4Q'UO#>.;) * AYPU^"3&6<6 MAJ82T^):4&)QS;ZER@ M9T%.5M N-&\Z+/7.T[:M31=-/D^CE MK"RKE@YRRKQ"Y$RN$,SA8.M!,>]--H)#9<;#ZU.?FKX/"9?B.Q?8'#[;HN6! M&DO7^D#E"UTZX.Q,^F^BIJ-F4GN!3L0![EZK.&3;Q*L/LOT]&1*(EFV/D6JQ M9#IDV'+4I& I5BP)R *J50S(4I6J.XC*[HZ5"@*56I_*!>K.LIRB5)([D8U? MPBH%@$EO;4:#2>(^.!,PN8U,7..7W1#%M'W)"U9Z0L&6J9L;K-"&@C]=3(9& MDW[RCH7_*"<,Z14K!PQN:0"?Z(-=J*;V[]1>>'4"_O4?K,N$_ZC1'4QM4_;>$_$?F)J$Z/SN[).B MI@?A%RJFI M),NCZ$E&^ZB43@DRT*BIBG#:;$ZK##?O-M%5HOZNF-BT=IV:2HV-;\I6A0P4 M:JHJG#*3TRH"DP#WI^G]YJC]<6,Z+4A)GJ9JP,ERM]CM\9:F(K((> ,E.+0+ M3VW ;BG1U&_P%=AZ//R\U-5O!J!FF-BIG;\RE=B/A[T6\CQ,M'1&K0#)FBHF M0@IRJ(Y[$9@5)V>AT2C:!+M])$JG*.D)U%2].&$69XJ W9^Z0*9KJ=)Z"F4( M@;/3I[=5G]D^ A6DP!&(2+$X>M+8\ZZRE.28=* 8K_O]5AY0'Q=;4Q_C5GQL M-AD,6T^A-AZ;9>?_R;*W^F.S87_2>BJU]=@LLQR<-ILK/S:3!^TG4EO/S3*+ MP4ESN=*#L_ZPJ><*9:M!LP[.,K/_9+E;;!/8TOK/%AR[14"#O")/.N/TD*'+,TBXE*,;L44]N:MW1+F8?%UOS'(KZI'@V M%=WBO20N[0<#XND[_9DNTU4*C!I[H)+][+04BC1U)[&+',4D8-C4D*@LK;A_ M)69:VL3+FQ)22[T-H[D+.Q MHKD3J^_[4Y=MP^G;_^S3JQ8A99GV/[[BP)E+>!&=*JD"AC9Q#1&\<4QCE2XV M:&$VY=*BBO^:JP754S%1;FQMP0Y4W4;1J(;Q<=]14/YZ$87HW)T_:M.DOY.>Z@S8):GX_ MUR\=S2O#LN]G7PQ#9;,%W)J-)T-34WKM/4GZH1QMH)NT7NF0Y>G&V>WW>P>' M-TM_5-C?UP)O2=U.>_UAM,]S_?!FZ5W:&4<[9=<&[]XQ(:.3Q<%32VN5?\!V/)Q7"5J2BH!OI5E$JQPI231Y% M4I;E E>$;)'[VCL >R*:!I[WYGU%=(N4HF;]2*P:7B([ -E-3N0,83< 7XA. M3$4#6W2I+JE.+1MG>KZ2,DD"[CHBQ[L7+0'&S%3KC4:=(C"Z5*Z%G)/(/.AT M:Y<'<6;B]GO#6)G,"+$_D'LSDJP4@I[+HT'"Z._-2CF!R4RK\^X@DJ1( 02:=6(($U\D+2_:@JCO*#,RM M81(ZU_FLM.F:'5?"?I0:^A?P_2A:G\D,GDF?#\YT )-A^9(AS^Y&(YTR"X#. M./'=T(VP(I?I$^3(0=#N)8L#F%U8)P7@JY9VD6KT:J#*[C,C5TE2@[7Q$E[& MB>H._,@?U^X**G\.Q)58WZANF-1>>Q8$''+X+=O3;%DP7I+W'49"YAHQ:!CQ MO-*5S,\0WI65O8@DT!*6*@!1]AU#Q.1F JD6Q1K%$JV01E0I MRW+OH/#N2"S=?KFE>(>8*MH7TW!6L$::/,1Y7]YEV [ @(((R7TY&G(V!*$O MV.WKEIJ6C7&:9;O);BLUI\;-E+RB>/4&T1U<)4ZQ''O5'43&=NU?N!Q0L[M= MN3,H%]1K:DWYCXBZ^8TW"0KP\0X\ 9^$)EAGG\#T>L. M=F!4 +Y:$<_,RF%GETEK"]H[3 C(XBLQYVG3^DX=6S4,,U_GAKI% M.!\O6=*U]9S<>W2UDY/1D'B7.ZR,(G'NX(&8GQ6+3F&S=4TUQR;J]@CRM,8\ M:1SY>>="'F3Q40E 58K=7HN] [O.J'+L=@M%'5SL7(P3F9@+NIH0SLU8X&N_ M4H1O%%,'R4"!8-]'?E,R]P(RNF?A$N LI$V]W)#^3NA\ 9]?@GM2YN2[@[;X M?K8U?9V])CM]DR:_#\>]<+"2"8[2D=A-_,3Q]<-N]4@$U2'XCOIYD01)!8A4 MRX^TB+@5I,N5219$M^BKFWN])C.J$]7-$SYHBFY=JO]T^";'VN4P%L!Z2)MF/7AI%$O1\EZ\*U?#'MX:)75N?R-0QJ4U)S)(Y MQ6+?EJ=*\++G7T;IQ#8K<%F03CX0!C?)_L4[[)7&H:W47GH:Y(?U%*K>Z5?*"B>(I,HX=D>CAF+U2+"Z MG:C>QC9?XK<2T)Y-HEB.N=XA.@>!ZW(Z=98.N$&B)EG:!D#KM_LVR4Q;\XE/ MF_/1Z-<$;_%=]OBF+=5E@GZG.H/#P:C$XB3L;GO=22IT(I"5AP\XHTG ,4W. M>YTL50E)FW8Y'9?VH/5@&J_4 ML'T>&UX;S8,T<#+<#;GR6=<4=\[*X%BP*7 M.0081>ZJ90$.RP=TVS#7O\/>BEP;;WI)](JI0I E+U8NI<%(H^*UP3<"6@[!AOPMT;<'%AD0_!P?FTY-]I/[F7^1Y"O$&R7%X[(+ M;::52P,W.W'=FVBYP-UPA'=XJ[+>]5R.U [N6;0$&+,3LU<$0N]8B:@85\*# MY>E[+U)'%K]4?H"R4RI2=Y .(" D[@S(->'_>Z=[WO>13 E]Q5Q&.<(V&6W5 M_.Q=N2QH!!62/! M6:XH\''9,CO<#W]ZD*I',%>-::T8LCV^[_JP&TU)FYYN9^NF1(JERP,XQV6U MK;K]4@#VK)+++#?H@"WJ5ZJ\4(T=2I5T]:._S_BD@:4ZC+)OP.2M:TZ5((1U M8]$.3=X+RMF]=YB4#>3SV M=P 9%B\1YAR7_/J=(C![; +G<*58"[8U5XGZ>?V;A='ZQHQ-;?K*]*2Z.QYR M)U*47 RHZE',KAS,;5>&8AEY]\@DNPK%;_TPE". MOHTC[273KU\NY-GW)\/>I"3((2)@]]J>C3YOD5+ M@3)'=K%[ # !QOZY[!,3_NZFON&X_>"#8TX7X.HNY_!1S/2-)^?%(O]RX(N; MU[0S"65^S%>$,@D"RB]6UN1>(T)8#*3J$YGO!G"Y9MBJN58A\TI?0D0U8!@ ;)[[.;U.X0E(AY,JD_I"JL( MU^4UM>E&NN[L7+$P>-G#ZX@_R 1>@@EVBZ)J"2 'DW3Q54J8JLRX/!W@@K-4B5XY>=@5M%]&7BEUX:RM&W<3?5CBUF_7(AS\Z& M863L3'[(;V8S,D4']0[;>GU.'L&'W>OX,OQ_=%NOBD;8:;YEFW0*'@Z_N-35 M\ >!)^]T-XH"KJ\,RRTH9?>7*U.\2$'_X;%J!YVS1]$-)3.&9H76Y27*T0.> MI&X6/I1!S#DURLEGC@,G9]6+1/-(F..8=[*]36HI!8M$89?6_2QU\J7; MC\QQ.F0X>VB2=<[E;HI3X;&@F$LQ>9*&8H->I%STA"F6LH7I>')X&?,\/#P8 M>>'68B78GPRKE01@-D[DA(^=!-G$7'XV3--XPWOJSX:;0[[3+B(VO$&;MM@;U5J,D@1OW7#*!S 6IU>_*VJ4JU9JG IG/=_=YV MA%@_K'+DTK__LSM]Y=C65_)*-#E5C5-#B)\&H6Z^QA*5P]4[ %RNL!87@(8( M=!I\#L'_-'#EY#\O&"S7DD:W8HEK% (FWR:G&EA*M(3U$*]"2UMWQOCQ=M# [N&GR#Y\ANO9N_C4:G>X@@DT0\EW5$.&(I2#28'6=PWF7B[_Z=MCOR_^3!1WK[LQW%_LZ_%S"X H_SX[%A9W6U?&\H7JC.TA M&6 _Y>23$X ?@Y7STFCP=R^=AK.H8Y^"LZ$ZUW3.FWZJ5/GZ]2I5\\\(^[)@ M60>%RJ%!1-![.02]%Q7TDZ!4+I,0S6 >DE)Q?C5D-@'15SH%5,.DVI= +@'% MC=4)\6RO#90["38P!5MW24>*QDAA8YD$=NC4(;ZEYW_S^P\\E,K9--:5T/2" M.0C:^S2 ;?5G"QZN!8_<8H)$M[$)VRF #_QJ 'DVC7T@&,N=N.EUAN&,8*E@ M'0IGC[M7F:;E'3_M15]3K'M'5.LHFYW%.E=6AR46I'+)Y)'@G0!R7/S MU*D->JCQW",.2;R?_6;%]0'*(GQ=>7-#HS1HZD8QGP@>%>KU"6+PEGUY8MCM M#?(P8Q*74P:/!N\2?#!?"V>]I@8ZM\#)'7X"$JUJR+1ZM0CDDZ@6(59O MV!9I65PT:NOW)T436&%(ZD0MGV@=!,W.BDJ>W!GEBE5B8*@%F[S^LYU8UB=3+DSNK-_H *=-2_0"@C;. MPX&T>3D.)SH!O<\)0CN># I@U/Q4!T*Y9S>^IA)46\,Z8UZ>R2O M!+XHZL8'DW'>."H>DCI1RR>,1X'R88)&-N,JK#CYDWR]P&B5\N"I'!O4&2Y@YFVC/EVBH[Z1I/( M_?.\$-2 2VMUME=/HIY^_FLZ%HQI,,C=\&K*Q]PW$9,K6F QJ-16W KS1BVAYV-L8XY92]GAG#2S^V.#Z]ON0WG MN-<$L81'+.O!-&;4QHX9Y=C/;F[,(N!4BUCVR5N]<;\5F)5G.UO"RL98SGQB ME]-P=KJYX\M#*UINL]D;YKYI6"+.1(>_M$M=O5275*>6C9^_DIOW%=&MDO;; MW7Y^3'?#5R_FV<V<#$P58]A]GECH]R7)@Z"8&FFNG6L;8Q)SB^* M^3@UZ>;.D3=%!W-;V_->/_?680?R&4]D-WTZ-YS;TT\LQ['5I)>KG&W\R'MDU78^56-(#R)?:5G82*#K)?;>+K I+%:=X&1/>HYRU9$E-JBM MB<8'$.$B8#9,:)MA$XJ F3DD*EO.\W8O*S.'V,N_"0N 4B%&.7*#N=,$-:%4 M6D34>.8U9^>87YGAZ_D@ M%_.CL%2(4F:CW7R42CP):3&J]9G8G&)VK#RI)H#U(VVW#0&KH/3ZA.OJ[K;+ M&;-VA=9*N-JU=\0BO,E4IO;OU%Y<,6H1T[O%M,Z TYZY,3N7*0LFC]U\SLGS MF_&\,!Q+T=7G-R#:^EXGJ4+!7@-AAP^R#/K*!?HE:)U*-00I7/O@EB M>_?]%J/V[F P"G3N+ .#VLBRTS87(:V2P$M'O4@M@G,W0\> M[G:8,0%S?$WX_][IL!^Q;(CPP'KL-!B3@,&8G/ MC=ID>&C4HF.FBW-KTC"4&L(M/E,=I^<2E?\XYF$(G2&JM-=LJ+@&<8WZH)BI M\@>)C/N'9=K_^ :N:NDLL^$[\"?!YX,ZRE069Q#5XD<)KU0ENFIYD^4S;@G3 MR&FJ/%AFH'9LP1H)5!;QKP:X'6PL';AXM;1N%6K^7=$<@EEFS; +9AFSX\4&4T/8-S4I2U<\F'1*O"Q!@NSTSV5?=N#O M;FITMA],"B=31:17BJZH5-&O#4U3MD\3KJZ_/R1%W;XI3<0]XB66E)$2$&,3 MIH"=,X+YX402=28!$G72DV@GYGOD81C82^R .8B:QX#[V8/I'G:PQ%2"31O# MCL&S:?!W+QVCV!OW[1SX!HS E'5?_]U![&O+)LNT:M+O!,B2A&]*/<^] MI1[V>MTTJEH CG0M!3N1AGOEPU&.S>Y-!OUZ 2UHC;N]T;@>#A?UAKU1*J]1 M'J!%*3N<%)#937;\]O4[32.P>8R,W),'<0H>7CTOA%'&YX0P-EJ(AQ!M93R9 M=S:EDSN;H#?6&E$5GC8,^[P#3VZ5-G3[FZ*HG:L7 5.>;,#$O_>!*6\K4* ? M?D$P4U\33> ^2>6Z!% $Y#XZB]'XVJ@/<[L VIHU>) M9B?G6.[F@M&S#9A"?Z.:A@:;SMT!--,UNR2CA6[\E=0I)V29TJ^^W?=7A]CN M"L(Z:M\J4U9>\4UYQUS+9\,TC3<0GRME!=_$)G'D$OQ!DI3H0^,U*EB\R'7Q^ZG3\"]W:V0#H$T#NY"" /RH=X5_;N,#3EJ91%'O];\K)L7ZI4?%)G+M MMM:/?AY,NF0P9#NGZG0&271(QC)4D$[\I.R]?C.;D2EK!L;"V+34V!_!>=X5 M&IA+3^G_=[\\DC4#P MK;!"/@M6QN,>)*8T YI(RFP&;P>ZPB.ZZOY&6K(M@$0W.9._2+IA2^0=#Y P MG=U%8.0S@-2K<.<0_T3>W6L!_I*JXZYE\B-&::68B,Y?$#W%!O@4RY;DBP%[ M)0-CR4\]X["%WT 0\Z?Q10>>TC3@_(5[QV&'+ 1EQHUE H,_GHU&BDXJ)>I> M>)NW%'B%R,!)[%Y6>&3,:P_:FX.9&#QBT-S%X-RA>9&H>QP\;(@'D/CT#N#5^V;5[3,$MS-I<'^G!8 M<0?PXLD"1A)/-BMXR5(_EEZX]M0C)<8]NP"L%+6TS-D=T)6$V7<# I('98UQ MRH[YP:E2AGTYW/XPYMTYE\]Y@0_)4A2IWG 4:4^R>6G&]5+ELGO=R63?>NC) M_-0[&_IX\[ZBB=4A6XG?7]GC&#G:"]-PY@L)OAR[T5WFBH8:E[]60 [?#L@/0N7( M],\[W90U(,2V-19L)0>&<9X[>FA9G!C(>SZ[E&TJ()I^MXFN[KP(UP](5N4X MR\$8,A'2.-X:9I@P@;U338BQ??&?NA>RMXN35IIC29:BX3Y7>9>,-]@I.L@; MT$DB,3 E_RW2FV+!/I+"(ROX+7DG4X=!#]M#?'RS<. WN+/$+S7V+MQ0KMCG M+\[:<."5 (CT0OAK81-NOQ$--IY+H,="6\,GOF.T^'[V_S@ZP3TP4@7WKM^4 MM?O/[H7T&\*UXG*&;YLYFG86BPJ"!2^6#']$KH7/F81CS\#".:9@AFQR$9;P M'8R,\CUHQEB=U_WL-XM<@I;8("BP(_^W4EHGWFX_?$Z7^W)<.LA> MQ%-FGY3(C:L=RQ6$+#,!)X.\D(5%&'LHE".$O7#@M[U,/D"R3^*+S#O8#\C3 M B0,HXQR*1)I5[^]2CXXLG=V[&>%PWG1N"!A'4(IM(A,30VOD'W][.HRRK!^ MN6+0CUS)321[N5P?3,;IEHTS'6[$=J_'M^:HT)QNKUP>O%48V?WPANV/%PN7 M8W,C6Y+XI?(#E*.E]2[;FP10Q.'?O^"I#%'O])OWZ4+1Y^36,(.T+RJ4^U(& MI<)38,A %G@2MEX'I% &B$J@49 ?OQ,$CZB7KP#!G/!MIP<(>CYY5Q+@UP?Y MC_$WN7L=K_C[7[Y;WXH"-_HC2;VR0[8#+]9FS&%'/,3-'*;+G.S,6,J]!'.Z M?_5,5*T&^LX@T;1EAS]5QN3:(=\!YF>V-_Z&6^/\=UU&G6'VE$T, 'D1P63/ M\YN1/_\VR >_NVXAL!]W)#CPN'<7KK? M7LX@L"H,N3QR8\W<2^O[V+IU)C@3SM9--/'[35=:_7=QKUXO\5^-S(U+V&!70ZRXN.%Z-"T[$MG KY,SR++PW%ZV%.XE'V_ MS^Y*LH2/97F!,M;,: 1W=<[=MUQ>PUL4S0)-5">=3&*7"K+2#62WFYSUR&P8 M]V\[,RGN>-C?#]M6UT9-,Z984<#N@G^&1U7L:DATB^7H,[:%]D^VB*:!/=XS M<97I\DTQU>\.@G@_ M_@:V)-PD1#H,]Q<),Q$*["$7785L3LJ@1QA:*L2EU>%:ECP MQ!:QG@[>?];_' M,X[OAOT' 0RGQEQ'50Z0H##)4M1+UH)';<1[("8U5.Q7PS_"Y^)NO^QV[UL4 M_?6A^\?DFSR^KH%NL2BT@X"N\7N$14TZM5T9<*T.-I(+??X;O-WR"2S_(7>^ M=0?'3^'-F_B/V#"WYX6BI]#Y_ 1.5RYV<.1+<^'N^P+=;[DY3[?_2' UP_%D MV]64"=U!T-\N\TUL(=]I&?XLO+'N=*[Q7\Q]%'.9B@9UK+)L=EG5$". M2-.O"F MGQQ,@'$/48)5[?5[)1,@ EV%5C5RENII-NL#F3K5E=1CLGQC]T?LF M3Z[+2W;E@#;4][GVY=/F(H+$.A"D94M6LD"70*SA']UP'>$!H*TP]+B#E:AN MT2EK8I[_$+(?O9]0$80')46Z$4KR 2E1CER&%]I9R[IW4FEG =F1*Q1%$V3Y$U+T?ZHTQ_+1TW1 M<&ZOC".*M,0=C?N37AVT#:-8'VG_SAAZ"-)VY>ZPE'U\1ASKHZV[+:Z)O)7E MB=/;A4CTQV0:JS7\D3*E>9<=6\ON16]($V%[ MGHT=95F&G:SIU!(R9"3#H?Q>X_C3NY"[];O&S/R!;3U>(N,)RT=J_=A<5,M< MBG/%2$?,K7=&9UUA=QAW9,9W$NU5:ZR>B>Z]:IODNR0)1*B-V@/(7:*P[U.O/=DHX#PZ^2#)?)7^?#"N!I(=UI3W1[[!U@9XH1M?F*;4Z;S;']4&JJ^7FL9LK/NV M5#59YW*O+N86)6G/[:10!ZB%2-KM##, ^INN>+<4XB\^E*/%U2GO%HZZ$PBM5=;+\^W?*HC@^ZH$^FJ4]+RWD"K39Q@+)>&SGZ;JOXUT@JF M/*I$PI=&@+5%K4M59370BO:@4(C[KY05M14MU6V"[F \J85VA8 <#RL1^RU* M/A+>7.9&,?& ,Y57 HV0:Z%@'N &@T$],OAL$L5RS'5JY3B7QX-Q)=9DBW - M@FU;=Z=39^FPZ1G,K6 NP"0+\"7@D[EK205QOS^L28]+ G@PJE8R][BRP:A3 M*;WV=E$==*ITY/E=5C4JN94(R 96M/E<5=0JXJ1ZHT@[^JIH5P#( ;;QKX62 MN9S5L!J3L$7!/,!!,#>LAW0-'2B'F0?:'OG;V=.&,GR.!(0[)QDG6( >-:<6K\_JG;]])'2OA*10JMGBC4J MA22/SZZ132D<8[6,RNM+"D.U\[RO6Q3J_#N@B17P%FRD=L%7QW2NY-3 M54EOTML02(#X?O:LO)=S#-3OA%.4:58N"]H<9T+=\:!)X)9G,:H JE1#4@6 MZ>S+(2 KP;)4PM&2MEX'U:-*/6\50#5"CXK[Z4- =D ]JL1Q5^ ]$_JWL!K' M2.TFJZ/,V4XF#OS1=OHE*R"585/"P(LJ82G/8M4"9:DFK!:(R[%IM8!:@I&K M1PBJVJY4:<)RG[TUV+:5%FQ$['G,T7 K<&Z8KE<I>V1:9]5 -X%(.<8,]@21R@S3FX90@3A!R$85X4?3L"HA4FD: M2I4%-0WQ>^VV5A7M:D[1W5>_66H:5BVU5@?9@GU7L+WI_^U_5P:4L5S__ESSLU+>N^R%.'\07=BX&5&>P?%8T3='MM4XD?NGU M3 (YN)!^XD".N]U.X!D&('_._U[^63),":1)"OP$!4O1UX&'_G(F*=(UT138 MZ:'G$LL"NP>S4VPYPG3//S%RGG1Z)1]LS+I*RB MI861%/=]2BQ+J1G>*T+.$JO MZDSQQW9H=?@U4)K"K^V%:3CS!7N DT2ZV8+)\.XV2A:_97LFO2WH= 'LTIT9 M=GS$<4 (EHKW1^F+8Q-BLBX[Q M2E7XD4VF"YU.%4VRG!40UX8EF>FP&"3XK($Z+YF$&0#\)4<1O_*>E6R#D7<* M=%\J$GE?T!=F;R2/O&?X_9)(*\7\ >)G31>&H<$?2\!GC1 ]&( <*0!P04T55[?7/@H@0_I4FEE6-17& /4.U;NN;+8 M;X:K(2C7IJ*Z;-KHQN$-59.,)K#CTIG#0Q+N",(<09IIQ!-T_,92-.9X H;B MWK%5 V3!MV^^=>"V2[HE+Z:#@HJ>,F$!*?KR*VST!!8#N!]]\067+32T8' < MS<;?P.\M OJ",L/;DT>$2V&FR$(]5B.@>Y9='OW,-66S>.BKC0'DZ\+#EL2F M9NKPJ>.2*6!@9Z@B&J@O"W@" ("Q($3Z;MA$ZO&G_'@*PG,P'EI03 .U?ENA M231X<=NC8)#B->+]';R/UQKE&83@LP8Q8)-"FOZ%Y((MHAC[YY!==EO_,!DQ M71HA2*@2P]IO<0J*N-\8('HVVL@@^[CZN1=TZ&J_/(_C0C MDO"1B=1&TF($/@WZOL0+01:"O$>0P06SW8P^A: %XLUY>$_GB;809"'(C1/D M:XBY3=AI$2:J(*>ZI?#M^ JGIPB9%3+;.)GUALO'BZR7ZZ'<1%/,"<4;Z)]Q MBR<$7 AXTP3*YB@9!;NR*1B]*%_#0R8N'4^?(% MDT^;G0H#B&U6>,H*FURZ>Q8(_< **1+NS;5-!,@3/'PGC_OTE6.N#.SCB.P- MQ8J6A.<)+-5,5/=M-O)?)XJY6<\&+)D1\[)RX=_K9&[8E*7%%2L(SG*),V@P MG:Q,?RAS-%]$*ZFP$B +7?WAK3O@;HG"4M'272*SN0!+P! >Q?H&A(F!?%HA9/ M:P9^!^^C0*,7=J#QRAB#QQ*4&6^"YQD .,\,LC0E-8/OM,":,Z% )\:3\C:. MW-YP8=O5X1F3UZXSO=^3V+FLY*P,W1<<=HZ!0"=!9+FYU40;PR!.^C5"RE=% M4H)TO:"P,,+P[^&5_,S".[&Q#(VAY,D::*')O:#7WOJ,JXWRJE -O^'V49

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end

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