Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations (Tables)

v3.7.0.1
Discontinued Operations (Tables)
 3 Months Ended
Mar. 31, 2017
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Income Loss from Discontinued Operations

The table below presents the significant components of CSO, Group DCA’s, Pharmakon’s and TVG’s results included Income (Loss) from Discontinued Operations, Net of Tax in the consolidated statements of comprehensive income (loss) for the three-months ended March 31, 2017 and 2016.

 

    Three Months Ending March 31,  
    2017     2016  
Revenue, net   $ -     $ 1,644  
                 
Income (loss) from discontinued operations, before tax     610       (735 )
Income tax expense     54       45  
Income (loss) from discontinued operations, net of tax   $ 556     $ (780 )

Schedule of Discontinued Operations Amount Recognized in Balance Sheet

 

 

The assets and liabilities classified as discontinued operations relate to CSO, Group DCA, Pharmakon, and TVG. As of March 31, 2017 and December 31, 2016, these assets and liabilities are in the accompanying balance sheets as follows:

 

    For the Three Months Ended     For the Year Ended  
    March 31, 2017     December 31, 2016  
    CSO     DCA/TVG     Total     CSO     DCA/TVG     Total  
Accounts receivable. net   $ -     $ -     $ -     $ -     $ -     $ -  
Unbilled receivable. net     -       -       -       -       -       -  
Other     -       -       -       -       14       14  
Current assets from discontinued operations     -       -       -       -       14       14  
Property and equipment. net     -       -       -       -       -       -  
Other     -       -       -       -       -       -  
Long-term assets from discontinued operations     -       -       -       -       -       -  
Total assets   $ -     $ -     $ -     $ -     $ 14     $ 14  
                                                 
Accounts payable   $ 868     $ -     $ 868     $ 890     $ -     $ 890  
Accrued salary and bonus     51       -       51       1.272       -       1.272  
Other     1,827       -       1,827       1,966       -       1,966  
Current liabilities from discontinued operations     2,746       -       2,746       4,128       -       4,128  
Total liabilities   $ 2,746     $ -     $ 2,746     $ 4,128     $ -     $ 4,128