Quarterly report pursuant to sections 13 or 15(d)

Segment Reporting (Tables)

Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2014

Financial information relating to the reportable operating segments for the three months ended March 31, 2014 and 2013 is presented below:


	Three Months Ended March 31,
	2014			2013
Revenues from external customers:
LED replacement lamps and fixtures	$	4,013		$	5,461
LED signage and lighting strips		939			850

Total revenues from external customers	$	4,952		$	6,311

Segment (loss) income:
LED replacement lamps and fixtures	$	(1,798	)	$	60
LED signage and lighting strips		(210	)		(70	)

Segment (loss) income		(2,008	)		(10	)
Unallocated amounts:
Corporate expenses		(1,404	)		(2,139	)
Change in fair value of embedded derivative		—			(3,169	)

Interest expense		(87	)		—

Taxes		(29	)
Other income (expense)		21			—

Loss from continuing operations	$	(3,507	)	$	(5,318	)

LED replacement lamps	$	466		$	924
LED signage and lighting strips		85			59

Segment depreciation and amortization		551			983
Corporate depreciation and amortization		3			5

Total depreciation and amortization	$	554		$	988

Segment Assets

Segment assets on the dates indicated comprise the following:


	March 31, 2014			December 31, 2013
LED Replacement lamps and fixtures	$	49,855		$	50,578
LED signage and lighting strips		7,067			6,960

		56,922			57,538
Elimination of intercompany receivables		(6,564	)		(14,231	)
Corporate assets, principally cash		239			8,955

	$	50,597		$	52,262

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details