Quarterly report pursuant to Section 13 or 15(d)

Note 11 - Discontinued Operations

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Note 11 - Discontinued Operations
 3 Months Ended
Mar. 31, 2016
Notes to Financial Statements  
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]
11.
DISCONTINUED OPERATIONS
 
The table below presents the significant components of Commercial Services, Group DCA's, Pharmakon's and TVG’s results included in Loss from Discontinued Operations, Net of Tax in the consolidated statements of comprehensive loss for the years ended March 31, 2016 and 2015.
 
 
   
Three Months Ending March 31,
  
   
2016
   
2015
 
Revenue, net
   $ 1,644     $ 36,463  
                 
(Loss) income from discontinued operations, before tax
     (735 )*     3,118  
Income tax expense
     45       1  
(Loss) income from discontinued operations, net of tax
   $ (780 )   $ 3,117  
 
* Approximately $659,000 of the balance relates to severance relating to terminated employees.
 
The assets and liabilities classified as discontinued operations relate to Commercial Services, Group DCA, Pharmakon, and TVG. As of March 31, 2016 and December 31, 2015, these assets and liabilities are in the accompanying balance sheets as follows:
 
   
For the Three Months Ended
March 31, 2016
    
For the Year Ended
December 31, 2015
  
   
CSO
    
DCA/
TVG
    
Total
    
CSO
    
DCA/
TVG
    
Total
  
Accounts receivable, net
   $  735     $  -     $  735     $  3,296     $  -     $  3,296  
Unbilled receivable, net
     -       -       -       16       -       16  
Other
     795       -       795       2,062       -       2,062  
Current assets from discontinued operations
     1,530       -       1,530       5,374       -       5,374  
Property and equipment, net
     33       -       33       190       -       190  
Other
    -       150       150       -       150       150  
Long-term assets from discontinued operations
     33       150       183       190       150       340  
Total assets
   $  1,563     $  150     $  1,713     $  5,564     $  150     $  5,714  
                                                 
Accounts payable
   $  2,195     $  -     $  2,195     $  3,767     $  -     $  3,767  
Unearned contract revenue
     -       -       -       11       -       11  
Accrued salary and bonus
     2,219       -       2,219       3,036       -       3,036  
Other
     1,812       288       2,100       5,092       358       5,450  
Current liabilities from discontinued operations
     6,226       288       6,514       11,906       358       12,264  
Total liabilities
   $  6,226     $ 288     $  6,514     $  11,906     $  358     $  12,264