Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting

v2.4.1.9
Segment Reporting
 3 Months Ended
Mar. 31, 2015
Segment Reporting
11. Segment Reporting:

The Company’s operations are principally managed on a product basis and are comprised of two reportable segments for financial reporting purposes: Lighting Fixtures and Lamps and Lighting Signage and Media. The Lighting Fixtures and Lamps reportable segment includes the Seesmart, Relume, LIT, Tri-State and Value Lighting operating units. The Lighting Signage and Media segment consists of our Lumificient operating unit. Financial information relating to the reportable operating segments for the three months ended March 31, 2015 and 2014 is presented below:

 

     Three Months Ended
March 31,		  
     2015      2014  

Revenues from external customers:

      

Lighting Fixtures and Lamps

    $ 19,551       $ 4,013   

Lighting Signage and Media

      779         939   
  

 

 

     

 

 

  

Total revenues from external customers

 $ 20,330    $ 4,952   
  

 

 

     

 

 

  

Segment (loss) income:

Lighting Fixtures and Lamps

 $ (532 )  $ (1,798 ) 

Lighting Signage and Media

   (277 )    (210 ) 
  

 

 

     

 

 

  

Segment (loss) income

   (809 )    (2,008 ) 

Unallocated amounts:

Corporate expenses

   (1,045 )    (1,404 ) 

Interest expense

   (192 )    (87 ) 

Tax expense

   —       (29 ) 

Other income (expense)

   —       21   
  

 

 

     

 

 

  

Net loss

 $ (2,046 )  $ (3,507 ) 
  

 

 

     

 

 

  

Depreciation and amortization:

Lighting Fixtures and Lamps

 $ 942    $ 466   

Lighting Signage and Media

   82      85   
  

 

 

     

 

 

  

Segment depreciation and amortization

   1,024      551   

Corporate depreciation and amortization

   9      3   
  

 

 

     

 

 

  

Total depreciation and amortization

 $ 1,033    $ 554