Autoscope Technologies (AATC) 10-Q 11 Aug 15 2015 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Aug. 01, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,015
Entity Registrant Name	IMAGE SENSING SYSTEMS INC
Entity Central Index Key	943,034
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		5,005,803
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 575	$ 2,656
Accounts receivable, net of allowance for doubtful accounts of $106 and $516, respectively	5,102	4,219
Inventories	2,204	2,234
Prepaid expenses and other current assets	648	871
Total current assets	8,529	9,980
Property and equipment:
Furniture and fixtures	651	620
Leasehold improvements	575	556
Equipment	3,925	3,964
Property and equipment, gross	5,151	5,140
Accumulated depreciation	4,410	4,279
Property and equipment, net	741	861
Intangible assets, net	3,228	3,987
Deferred income taxes	61	62
TOTAL ASSETS	12,559	14,890
Current liabilities:
Accounts payable	3,145	3,315
Warranty and other current liabilities	2,623	2,783
Accrued restructuring		216
Total current liabilities	5,768	6,314
Deferred income taxes	166	165
Other long-term liabilities	$ 80	$ 91
Shareholders' equity
Preferred stock, $.01 par value; 5,000,000 shares authorized, none issued or outstanding
Common stock, $.01 par value; 20,000,000 shares authorized, 5,013,663 and 4,995,963 issued and outstanding, respectively	$ 50	$ 49
Additional paid-in capital	23,698	23,547
Accumulated other comprehensive loss	(177)	(158)
Accumulated deficit	(17,026)	(15,118)
Total shareholders' equity	6,545	8,320
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 12,559	$ 14,890

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Accounts receivable, allowance for doubtful accounts	$ 106	$ 516
Preferred stock, par value	$ .01	$ .01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value	$ .01	$ .01
Common stock, shares authorized	20,000,000	20,000,000
Common stock, shares issued	5,013,663	4,995,963
Common stock, shares outstanding	5,013,663	4,995,963

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenue:
Product sales	$ 2,572	$ 2,651	$ 4,900	$ 4,549
Royalties	2,609	3,287	4,620	5,711
Total revenue	5,181	5,938	9,520	10,260
Cost of revenue:
Product sales	977	1,675	1,996	2,880
Total cost of revenue	977	1,675	1,996	2,880
Gross profit	4,204	4,263	7,524	7,380
Operating expenses:
Selling, marketing and product support	1,322	2,471	2,737	5,191
General and administrative	1,390	1,498	2,762	2,870
Research and development	1,123	1,423	2,200	3,239
Amortization of intangible assets	382	$ 393	763	$ 782
Sale of business unit	$ 751		857
Restructuring			$ 119	$ 460
Investigation matter		$ 36		152
Total operating expenses	$ 4,968	5,821	$ 9,438	12,694
Loss from operations	(764)	(1,558)	(1,914)	(5,314)
Other, net	30	15	29	14
Loss before income taxes	(734)	(1,543)	(1,885)	(5,300)
Income tax expense (benefit)	8	(10)	24	(10)
Net loss	$ (742)	$ (1,533)	$ (1,909)	$ (5,290)
Net loss per share:
Basic	$ (0.15)	$ (0.31)	$ (0.38)	$ (1.06)
Diluted	$ (0.15)	$ (0.31)	$ (0.38)	$ (1.06)
Weighted average number of common shares outstanding:
Basic	5,008,000	4,980,000	5,003,000	4,978,000
Diluted	5,008,000	4,980,000	5,003,000	4,978,000

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Loss before income taxes	$ (742)	$ (1,533)	$ (1,909)	$ (5,290)
Other comprehensive Income:
Foreign currency translation adjustment	158	184	(19)	215
Comprehensive loss	$ (584)	$ (1,349)	$ (1,928)	$ (5,075)

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Operating activities:
Net loss	$ (1,909)	$ (5,290)
Adjustments to reconcile net loss to net cash used for operating activities:
Depreciation	173	298
Amortization	763	782
Stock-based compensation	151	$ 186
Loss on disposal of assets	4
Changes in operating assets and liabilities:
Accounts receivable, net	(883)	$ 266
Inventories	30	20
Prepaid expenses and current assets	223	173
Accounts payable	(170)	801
Accrued expenses and other liabilities	(382)	(820)
Net cash used for operating activities	(2,000)	(3,584)
Investing activities:
Purchases of property and equipment	$ (62)	(196)
Sales and maturities of marketable securities		2,639
Capitalized software development costs		(42)
Net cash provided by (used for) investing activities	$ (62)	2,401
Financing activities:
Effect of exchange rate changes on cash	(19)	195
Decrease in cash and cash equivalents	(2,081)	(988)
Cash and cash equivalents at beginning of period	2,656	3,564
Cash and cash equivalents at end of period	$ 575	$ 2,576

Proforma Consolidated Statement

Proforma Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands		3 Months Ended
		Jun. 30, 2015
Revenue:
Product sales		$ 2,572
Royalties		2,609
Total revenue		5,181
Cost of revenue:
Product sales		977
Total cost of revenue		977
Gross profit		4,204
Operating expenses:
Selling, marketing and product support		1,322
General and administrative		1,390
Research and development		1,123
Amortization of intangible assets		382
LPR business unit sale costs		751
Total operating expenses		4,968
Loss from operations		(764)
Other, net		30
Loss before income taxes		(734)
Income tax expense (benefit)		8
Net loss		$ (742)
Net loss per share:
Basic		$ (0.15)
Diluted		$ (0.15)
Weighted average number of common shares outstanding:
Basic		5,008,000
Diluted		5,008,000
Scenario, Actual [Member]
Revenue:
Product sales		$ 2,572
Royalties		2,609
Total revenue		5,181
Cost of revenue:
Product sales		977
Total cost of revenue		977
Gross profit		4,204
Operating expenses:
Selling, marketing and product support		1,322
General and administrative		1,390
Research and development		1,123
Amortization of intangible assets		382
LPR business unit sale costs		751
Total operating expenses		4,968
Loss from operations		(764)
Other, net		30
Loss before income taxes		(734)
Income tax expense (benefit)		8
Net loss		$ (742)
Net loss per share:
Basic		$ (0.15)
Diluted		$ (0.15)
Weighted average number of common shares outstanding:
Basic		5,008,000
Diluted		5,008,000
Pro Forma Adjustments LPR Disposition [Member]
Revenue:
Product sales	[1]	$ 774
Royalties
Total revenue		$ 774
Cost of revenue:
Product sales	[1]	121
Total cost of revenue		121
Gross profit		653
Operating expenses:
Selling, marketing and product support	[2]	466
General and administrative	[2]	410
Research and development	[2]	164
Amortization of intangible assets	[2]	259
LPR business unit sale costs	[3]	751
Total operating expenses		2,050
Loss from operations		$ (1,397)
Other, net
Loss before income taxes		$ (1,397)
Income tax expense (benefit)
Net loss		$ (1,397)
Net loss per share:
Basic		$ (0.28)
Diluted		$ (0.28)
Weighted average number of common shares outstanding:
Basic		5,008,000
Diluted		5,008,000
Image Sensing Systems Pro Forma Consolidated [Member]
Revenue:
Product sales		$ 1,798
Royalties		2,609
Total revenue		4,407
Cost of revenue:
Product sales		856
Total cost of revenue		856
Gross profit		3,551
Operating expenses:
Selling, marketing and product support		856
General and administrative		980
Research and development		959
Amortization of intangible assets		$ 123
LPR business unit sale costs
Total operating expenses		$ 2,918
Loss from operations		633
Other, net		30
Loss before income taxes		663
Income tax expense (benefit)		8
Net loss		$ 655
Net loss per share:
Basic		$ 0.13
Diluted		$ 0.13
Weighted average number of common shares outstanding:
Basic		5,008,000
Diluted		5,008,000
[1]	Represents the decrease of LPR revenue and cost of sales as if the divestiture occurred on April 1, 2015.
[2]	Represents the pro forma decrease of operating cost as if the LPR divestiture occurred on April 1, 2015.
[3]	Represents the LPR business unit sale costs.

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Note A: Basis of Presentation Image Sensing Systems, Inc. (referred to herein as “we,” the “Company,” “us” and “our”) develops and markets software-based computer enabled detection products for use in traffic, security, police and parking applications. We sell our products primarily to distributors and also receive royalties under a license agreement with a manufacturer/distributor for certain of our products. Our products are used primarily by governmental entities. The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with U.S. generally accepted accounting principles (GAAP) for interim financial information and with the instructions to the Quarterly Report on Form 10-Q, which require the Company to make estimates and assumptions that affect amounts reported. Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. It is the opinion of management that the unaudited condensed consolidated financial statements include all adjustments consisting of normal recurring accruals considered necessary for a fair presentation. All significant intercompany balances and transactions have been eliminated. Operating results for the three-month and six-month periods ended June 30, 2015 are not necessarily indicative of the results that may be expected for the year ending December 31, 2015. The accompanying condensed consolidated financial statements of the Company should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2014 as filed with the SEC. Summary of Significant Accounting Policies The Company believes that of its significant accounting policies, the following are particularly important to the portrayal of the Company’s results of operations and financial position and may require the application of a higher level of judgment by the Company’s management and, as a result, are subject to an inherent degree of uncertainty. Revenue Recognition We recognize revenue on a sales arrangement when it is realized or realizable and earned, which occurs when all of the following criteria have been met: persuasive evidence of an arrangement exists; delivery and title transfer have occurred or services have been rendered; the sales price is fixed and determinable; collectability is reasonably assured; and all significant obligations to the customer have been fulfilled. Certain sales may contain multiple elements for revenue recognition purposes. We consider each deliverable that provides value to the customer on a standalone basis as a separable element. Separable elements in these arrangements may include the hardware, software, installation services, training and support. We initially allocate consideration to each separable element using the relative selling price method. Selling prices are determined by us based on either vendor-specific objective evidence (“VSOE”) (the actual selling prices of similar products and services sold on a standalone basis) or, in the absence of VSOE, our best estimate of the selling price. Factors considered by us in determining estimated selling prices for applicable elements generally include overall economic conditions, customer demand, costs incurred by us to provide the deliverable, as well as our historical pricing practices. Under these arrangements, revenue associated with each delivered element is recognized in an amount equal to the lesser of the consideration initially allocated to the delivered element or the amount for which payment is not deemed contingent upon future delivery of other elements in the arrangement. Under arrangements where special acceptance protocols exist, installation services and training may not be considered separable. Under those circumstances, revenue for the entire arrangement is recognized upon the completion of installation, training and fulfillment of any other significant obligations specific to the terms of the arrangement. Arrangements that do not contain any separable elements are typically recognized when the products are shipped and title has transferred to the customer. Revenue from arrangements for services such as maintenance, repair, consulting and technical support are recognized either as the service is performed or ratably over the defined contractual period for service maintenance contracts. Econolite Control Products, Inc. (Econolite) is our licensee that sells certain of our products in the United States, Mexico, Canada and the Caribbean. The royalty of approximately 50% of the gross profit on licensed products is recognized when the products are shipped or delivered by Econolite to its customers. We record provisions against sales revenue for estimated returns and allowances in the period when the related revenue is recorded based on historical sales returns and changes in end user demand. Revenue is recorded net of taxes collected from customers that are remitted to governmental authorities, with the collected taxes recorded as current liabilities until remitted to the relevant government authority. Inventories Inventories are primarily electronic components and finished goods and are valued at the lower of cost or market on the first-in, first-out accounting method. Income Taxes We record a tax provision for the anticipated tax consequences of the reported results of operations. Deferred tax assets and liabilities are measured using the currently enacted tax rates that apply to taxable income in effect for the years in which those deferred tax assets and liabilities are expected to be realized or settled. We record a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized. We believe it is more likely than not that forecasted income, including income that may be generated as a result of certain tax planning strategies, together with the tax effects of the deferred tax liabilities, will be sufficient to fully recover the remaining net realizable value of deferred tax assets. In the event that all or part of the net deferred tax assets are determined not to be realizable in the future, an adjustment to the valuation allowance would be charged to earnings in the period such determination is made. In addition, the calculation of tax liabilities involves significant judgment in estimating the impact of uncertainties in the application of complex tax laws. Resolution of these uncertainties in a manner inconsistent with management’s expectations could have a material impact on our financial condition and operating results. We recognize penalties and interest expense related to unrecognized tax benefits in income tax expense. Intangible Assets Intangible assets with finite lives are amortized on a straight-line basis over the expected period to be benefited by future cash flows and reviewed for impairment. At both June 30, 2015 and December 31, 2014, we determined there was no impairment of intangible assets. At both June 30, 2015 and December 31, 2014, there were no indefinite-lived intangible assets. We capitalize certain software development costs related to software to be sold, leased, or otherwise marketed. Capitalized software development costs include purchased materials and services and other costs associated with the development of new products and services. Software development costs are expensed as incurred until technological feasibility has been established, at which time future costs incurred are capitalized until the product is available for general release to the public. A certain amount of judgment and estimation is required to assess when technological feasibility is established, as well as the ongoing assessment of the recoverability of capitalized costs. In evaluating the recoverability of capitalized software costs, the Company compares expected product performance, utilizing forecasted revenue amounts, to the total costs incurred to date and estimates of additional costs to be incurred. If revised forecasted product revenue is less than, and/or revised forecasted costs are greater than, the previously forecasted amounts, the net realizable value may be lower than previously estimated, which could result in the recognition of an impairment charge in the period in which such a determination is made.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recent Accounting Pronouncements	Note B: Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, “Revenue from Contracts with Customers.” ASU 2014-09 provides new guidance related to how an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In addition, ASU 2014-09 specifies new accounting for costs associated with obtaining or fulfilling contracts with customers and expands the required disclosures related to revenue and cash flows from contracts with customers. On July 9, 2015, FASB affirmed its proposal to defer the effective date of ASU 2014-09 for all entities by one year. As a result, public business entities, certain not-for-profit entities, and certain employee benefit plans will apply the new revenue standard to annual reporting periods beginning after December 15, 2017. All other entities will apply the new revenue standard to annual reporting periods beginning after December 15, 2018. Additionally, FASB affirmed its proposal to permit all entities to apply ASU 2014-09 early, but not before the original effective date for public business entities, certain not-for-profit entities, and certain employee benefit plans (that is, annual periods beginning after December 15, 2016). Entities choosing to implement early will apply the new revenue standard to all interim reporting periods within the year of adoption. The Company is currently determining its implementation approach and assessing the impact of ASU 2014-09 on the condensed consolidated financial statements.

Fair Value Measurements and Mar

Fair Value Measurements and Marketable Securities	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements and Marketable Securities	Note C: Fair Value Measurements The guidance for fair value measurements establishes the authoritative definition of fair value, sets out a framework for measuring fair value and outlines the required disclosures regarding fair value measurements. Fair value is the price that would be received to sell an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. We use a three-tier fair value hierarchy based upon observable and non-observable inputs as follows: • Level 1 – observable inputs such as quoted prices in active markets; • Level 2 – inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and • Level 3 – unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions. Nonfinancial Assets Measured at Fair Value on a Nonrecurring Basis Our intangible assets and other long-lived assets are nonfinancial assets that were acquired either as part of a business combination, individually or with a group of other assets. These nonfinancial assets were initially, and have historically been, measured and recognized at amounts equal to the fair value determined as of the date of acquisition. Financial Instruments not Measured at Fair Value Certain of our financial instruments are not measured at fair value and are recorded at carrying amounts approximating fair value, based on their short-term nature or variable interest rate. These financial instruments include cash and cash equivalents, accounts receivable, accounts payable and other current assets and liabilities.

Inventories

Inventories	6 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Inventories	Note D: Inventories Inventories consisted of the following (in thousands): June 30, December 31, 2015 2014 Components $ 1,742 $ 1,760 Finished goods 462 474 $ 2,204 $ 2,234

Intangible Assets

Intangible Assets	6 Months Ended
	Jun. 30, 2015
Intangible Assets
Intangible Assets	Note E: Intangible Assets Intangible assets consisted of the following (dollars in thousands): June 30, 2015 Weighted Gross Net Average Carrying Accumulated Carrying Useful Life Amount Amortization Value (in Years) Developed technology $ 8,121 (6,219 ) $ 1,902 2.2 Trade names 3,267 (2,495 ) 772 3.0 Other intangible assets 1,796 (1,242 ) 554 1.7 Total $ 13,184 $ (9,956 ) $ 3,228 2.2 December 31, 2014 Weighted Gross Net Average Carrying Accumulated Carrying Useful Life Amount Amortization Value (in Years) Developed technology $ 8,114 $ (5,666 ) $ 2,448 2.6 Trade names 3,267 (2,367 ) 900 3.5 Other intangible assets 1,777 (1,138 ) 639 2.2 Total $ 13,158 $ (9,171 ) $ 3,987 2.7

Credit Facilities

Credit Facilities	6 Months Ended
	Jun. 30, 2015
Line of Credit Facility [Abstract]
Credit Facilities	Note F: Credit Facilities In May 2014, the Company entered into a credit agreement and related documents with Alliance Bank providing for a revolving line of credit for the Company. The credit agreement and related documents with Alliance Bank (collectively, the “Alliance Credit Agreement”) provide up to a $5.0 million revolving line of credit. Amounts due under the Alliance Credit Agreement bear interest at a fixed annual rate of 3.95%. Any advances are secured by the Company’s inventories, accounts receivable, cash, marketable securities, and equipment. We are subject to certain covenants under the Alliance Credit Agreement. In March 2015, we entered into an agreement with Alliance Bank amending the Alliance Credit Agreement to extend the maturity date from May 12, 2015 to April 1, 2016. At June 30, 2015, we had no borrowings under the Alliance Credit Agreement, and we were in compliance with all financial covenants. Prior to May 12, 2014, we had a revolving line of credit with Associated Bank, National Association (“Associated Bank”) that was initially entered into as of May 1, 2008. We requested, and Associated Bank granted, a termination to this credit facility effective on May 12, 2014 in connection with the revolving line of credit from Alliance Bank described above.

Warranties

Warranties	6 Months Ended
	Jun. 30, 2015
Product Warranties Disclosures [Abstract]
Warranties	Note G: Warranties We generally provide a standard two-year warranty on product sales. Reserves to honor warranty claims are estimated and recorded at the time of sale based on historical claim information and are analyzed and adjusted periodically based on claim trends. Warranty liability and related activity consisted of the following (in thousands): Six-Month Periods Ended June 30, 2015 2014 Beginning balance $ 966 $ 934 Warranty provisions 59 53 Warranty claims (103 ) (173 ) Adjustments to preexisting warranties (151 ) (81 ) Ending balance $ 771 $ 733

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	Note H: Stock-Based Compensation We compensate officers, directors and key employees with stock-based compensation under stock option and incentive plans approved by our shareholders and administered under the supervision of our Board of Directors. Stock option awards are granted at exercise prices equal to the closing price of our stock on the day before the date of grant. Generally, options vest proportionally over periods of three to five years from the dates of the grant, beginning one year from the date of grant, and have a contractual term of nine to ten years. Performance stock options are time based; however, the final number of awards earned and the related compensation expense is adjusted up or down to the extent the performance target is met. The actual number of shares that will ultimately vest ranges from 90% to 100% of the targeted amount if the minimum performance target is achieved. For performance stock awards granted in 2015, the performance target is operating income. We evaluate the likelihood of meeting the performance target at each reporting period and adjust compensation expense, on a cumulative basis, based on the expected achievement of each performance target. Compensation expense, net of estimated forfeitures, is recognized ratably over the vesting period. Stock-based compensation expense included in general and administrative expense for the three-month periods ended June 30, 2015 and 2014 was $76,000 and $99,000, respectively. Stock-based compensation expense included in general and administrative expense for the six-month periods ended June 30, 2015 and 2014 was $151,000 and $186,000, respectively. At June 30, 2015, a total of 392,140 shares were available for grant under the Company’s stock option and incentive plan. Stock Options A summary of the option activity for the first six months of 2015 is as follows: Weighted Weighted Average Average Exercise Remaining Aggregate Number of Price per Contractual Intrinsic Shares Share Term (in years) Value Options outstanding at December 31, 2014 354,000 $ 6.30 7.0 $ — Granted 50,000 $ 2.73 5.0 $ — Exercised — $ — — $ — Expired (3,000 ) $ 9.22 — $ — Forfeited (54,000 ) $ 5.57 — $ — Options outstanding at June 30, 2015 347,000 $ 5.88 6.9 $ 37,000 Options exercisable at June 30, 2015 155,750 $ 7.23 5.2 $ — There were no options exercised during the three-month and six-month periods ended June 30, 2015 and June 30, 2014. As of June 30, 2015, there was $347,000 of total unrecognized compensation cost related to non-vested stock options. The weighted average period over which the compensation cost is expected to be recognized is 2.3 years. Stock Awards We issue stock awards as a portion of the annual retainer for each director on a quarterly basis. The stock awards are fully vested at the time of issuance. Compensation expense related to stock awards is determined on the grant date based on the publicly quoted fair market value of our common stock and is charged to earnings on the grant date. During the quarter ended June 30, 2015, there were stock awards issued for 7,860 shares with a weighted-average grant date fair value of $3.18. For the six months ended June 30, 2015, there were stock awards issued for 17,700 shares with a weighted-average grand date fair value of $2.82.

Loss per Common Share

Loss per Common Share	6 Months Ended
	Jun. 30, 2015
Net loss per share:
Loss per Common Share	Note I: Loss per Common Share Net loss per share is computed by dividing net loss by the daily weighted average number of common shares outstanding during the applicable periods. Diluted net loss per share includes the potentially dilutive effect of common shares subject to outstanding stock options using the treasury stock method. Under the treasury stock method, shares subject to certain outstanding stock options have been excluded from the diluted weighted average shares outstanding calculation because the exercise of those options would lead to a net reduction in common shares outstanding. As a result, stock options to acquire 351,000 and 343,000 weighted common shares have been excluded from the diluted weighted shares outstanding for the three-month periods ended June 30, 2015 and 2014, respectively, and 557,000 and 337,000 weighted common shares have been excluded from the diluted weighted shares outstanding for the six-month periods ended June 30, 2015 and 2014, respectively. The potentially dilutive effect of common shares subject to certain outstanding stock options is determined based on net loss. A reconciliation of these amounts is as follows (dollar amounts in thousands except per share data): Three-Month Periods Ended Six-Month Periods Ended 2015 2014 2015 2014 Numerator: Net loss $ (742 ) $ (1,533 ) $ (1,909 ) $ (5,290 ) Denominator: Weighted average common shares outstanding 5,008 4,980 5,003 4,978 Dilutive potential common shares — — — — Shares used in diluted net loss per common share calculations 5,008 4,980 5,003 4,978 Basic net loss per common share $ (0.15 ) $ (0.31 ) $ (0.38 ) $ (1.06 ) Diluted net loss per common share $ (0.15 ) $ (0.31 ) $ (0.38 ) $ (1.06 )

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Segment Information	Note J: Segment Information The Company’s Interim Chief Executive Officer and management regularly review financial information for the Company’s three discrete operating segments. Based on similarities in the economic characteristics, nature of products and services, production processes, type or class of customer served, method of distribution and regulatory environments, the operating segments have been aggregated for financial statement purposes and categorized into three reportable segments: Intersection, Highway and License Plate Recognition (“LPR”). Autoscope® video is our machine-vision product line, and revenue consists of royalties (all of which are received from Econolite), as well as a portion of international product sales. Video products are normally sold in the Intersection segment. RTMS® is our radar product line, and revenue consists of international and North American product sales as well as a portion of royalties (all of which are received from Econolite). Radar products are normally sold in the Highway segment. Until July 9, 2015, Autoscope® license plate recognition was our LPR product line. All segment revenues are derived from external customers. As described in Note M to these Notes to the Condensed Consolidated Financial Statements, effective on July 9, 2015, we sold our LPR business. Operating expenses and total assets are not allocated to the segments for internal reporting purposes. Due to the changes in how we manage our business, we may reevaluate our segment definitions in the future. The following tables set forth selected unaudited financial information for each of our reportable segments (in thousands): Three Months Ended June 30, Intersection Highway LPR Total 2015 2014 2015 2014 2015 2014 2015 2014 Revenue $ 3,189 $ 3,625 $ 1,218 $ 1,094 $ 774 $ 1,219 $ 5,181 $ 5,938 Gross profit 2,768 3,242 783 488 653 533 4,204 4,263 Amortization of intangible assets — — 122 121 260 272 382 393 Intangible assets — — 210 698 3,018 5,065 3,228 5,763 Six Months Ended June 30, Intersection Highway LPR Total 2015 2014 2015 2014 2015 2014 2015 2014 Revenue $ 5,350 $ 5,808 $ 2,284 $ 2,169 $ 1,886 $ 2,283 $ 9,520 $ 10,260 Gross profit 4,828 5,347 1,363 1,166 1,333 867 7,524 7,380 Amortization of intangible assets — — 244 244 519 538 763 782 Intangible assets —

Restructuring

Restructuring	6 Months Ended
	Jun. 30, 2015
Restructuring Charges [Abstract]
Restructuring	Note K: Restructuring In the fourth quarter of 2014, the Company implemented restructuring plans to close our offices in Asia. Because of these actions, restructuring charges of approximately $119,000 were recorded in the first six months of 2015 related to employee terminations. The following table shows the restructuring activity for 2015 (in thousands): Facility Costs Termination and Contract Benefits Termination Total Balance at January 1, 2015 $ 190 $ 26 $ 216 Charges 119 — 119 Payments/settlements (295 ) (8 ) (303 ) Balance at March 31, 2015 $ 14 $ 18 $ 32 Payments/settlements (14 ) (18 ) (32 ) Balance at June 30, 2015 $ — $ — $ — In the first quarter of 2014, the Company implemented restructuring plans to improve our financial performance in Europe. These plans included the closure of our office in Poland. Because of these actions, restructuring charges of approximately $460,000 were recorded related primarily to facilities and employee terminations. The following table shows the restructuring activity for 2014 (in thousands): Facility Costs Termination and Contract Benefits Termination Total Balance at January 1, 2014 $ — $ — $ — Charges 60 400 460 Payments/settlements (45 ) (177 ) (222 ) Balance at March 31, 2014 $ 15 $ 223 $ 238 Payments/settlements (15 ) (223 ) (238 ) Balance at June 30, 2014 $ — $ — $ —

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note L: Commitments and Contingencies Litigation We are involved from time to time in various legal proceedings arising in the ordinary course of our business, including primarily commercial, product liability, employment and intellectual property claims. In accordance with GAAP, we record a liability in our Consolidated Financial Statements with respect to any of these matters when it is both probable that a liability has been incurred and the amount of the liability can be reasonably estimated. With respect to any currently pending legal proceedings, we have not established an estimated range of reasonably possible additional losses either because we believe that we have valid defenses to claims asserted against us or the proceeding has not advanced to a stage of discovery that would enable us to establish an estimate. We currently do not expect the outcome of these matters to have a material effect on our consolidated results of operations, financial position or cash flows. Litigation, however, is inherently unpredictable, and it is possible that the ultimate outcome of one or more claims asserted against us could adversely impact our results of operations, financial position or cash flows. We expense legal costs as incurred.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2015
Subsequent Events [Abstract]
Subsequent Events	Note M: Subsequent Events On July 9, 2015, we announced the sale of our LPR business to TagMaster A.B. (“TagMaster”) located in Stockholm, Sweden, for the purchase price of $4.2 million in cash. As of July 9, 2015, the LPR business, including all products and solutions, transitioned to TagMaster. We have included a pro forma statement of operations as if the disposition occurred on April 1, 2015. The following unaudited pro forma statement of operations gives effect to the disposition of the Image Sensing Systems LPR business segment and any associated transaction costs incurred in the second quarter as if the disposition occurred on April 1, 2015. The pro forma adjustments, described in the related notes, are based on the best available information and certain assumptions that ISS management believes are reasonable. The unaudited consolidated pro forma statement of operations is presented for illustrative purposes only and does not purport to be indicative of the operating results that would have occurred if the transaction described above had occurred as presented in such statement. For example, this financial information does not reflect any potential earnings or other impacts from the use of the proceeds from the disposition or cost reductions previously allocated corporate costs and potential subsequent restructuring charges.

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Revenue Recognition	Revenue Recognition We recognize revenue on a sales arrangement when it is realized or realizable and earned, which occurs when all of the following criteria have been met: persuasive evidence of an arrangement exists; delivery and title transfer have occurred or services have been rendered; the sales price is fixed and determinable; collectability is reasonably assured; and all significant obligations to the customer have been fulfilled. Certain sales may contain multiple elements for revenue recognition purposes. We consider each deliverable that provides value to the customer on a standalone basis as a separable element. Separable elements in these arrangements may include the hardware, software, installation services, training and support. We initially allocate consideration to each separable element using the relative selling price method. Selling prices are determined by us based on either vendor-specific objective evidence (“VSOE”) (the actual selling prices of similar products and services sold on a standalone basis) or, in the absence of VSOE, our best estimate of the selling price. Factors considered by us in determining estimated selling prices for applicable elements generally include overall economic conditions, customer demand, costs incurred by us to provide the deliverable, as well as our historical pricing practices. Under these arrangements, revenue associated with each delivered element is recognized in an amount equal to the lesser of the consideration initially allocated to the delivered element or the amount for which payment is not deemed contingent upon future delivery of other elements in the arrangement. Under arrangements where special acceptance protocols exist, installation services and training may not be considered separable. Under those circumstances, revenue for the entire arrangement is recognized upon the completion of installation, training and fulfillment of any other significant obligations specific to the terms of the arrangement. Arrangements that do not contain any separable elements are typically recognized when the products are shipped and title has transferred to the customer. Revenue from arrangements for services such as maintenance, repair, consulting and technical support are recognized either as the service is performed or ratably over the defined contractual period for service maintenance contracts. Econolite Control Products, Inc. (Econolite) is our licensee that sells certain of our products in the United States, Mexico, Canada and the Caribbean. The royalty of approximately 50% of the gross profit on licensed products is recognized when the products are shipped or delivered by Econolite to its customers. We record provisions against sales revenue for estimated returns and allowances in the period when the related revenue is recorded based on historical sales returns and changes in end user demand. Revenue is recorded net of taxes collected from customers that are remitted to governmental authorities, with the collected taxes recorded as current liabilities until remitted to the relevant government authority.
Inventories	Inventories Inventories are primarily electronic components and finished goods and are valued at the lower of cost or market on the first-in, first-out accounting method.
Income Taxes	Income Taxes We record a tax provision for the anticipated tax consequences of the reported results of operations. Deferred tax assets and liabilities are measured using the currently enacted tax rates that apply to taxable income in effect for the years in which those deferred tax assets and liabilities are expected to be realized or settled. We record a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized. We believe it is more likely than not that forecasted income, including income that may be generated as a result of certain tax planning strategies, together with the tax effects of the deferred tax liabilities, will be sufficient to fully recover the remaining net realizable value of deferred tax assets. In the event that all or part of the net deferred tax assets are determined not to be realizable in the future, an adjustment to the valuation allowance would be charged to earnings in the period such determination is made. In addition, the calculation of tax liabilities involves significant judgment in estimating the impact of uncertainties in the application of complex tax laws. Resolution of these uncertainties in a manner inconsistent with management’s expectations could have a material impact on our financial condition and operating results. We recognize penalties and interest expense related to unrecognized tax benefits in income tax expense.
Intangible Assets	Intangible Assets Intangible assets with finite lives are amortized on a straight-line basis over the expected period to be benefited by future cash flows and reviewed for impairment. At both June 30, 2015 and December 31, 2014, we determined there was no impairment of intangible assets. At both June 30, 2015 and December 31, 2014, there were no indefinite-lived intangible assets. We capitalize certain software development costs related to software to be sold, leased, or otherwise marketed. Capitalized software development costs include purchased materials and services and other costs associated with the development of new products and services. Software development costs are expensed as incurred until technological feasibility has been established, at which time future costs incurred are capitalized until the product is available for general release to the public. A certain amount of judgment and estimation is required to assess when technological feasibility is established, as well as the ongoing assessment of the recoverability of capitalized costs. In evaluating the recoverability of capitalized software costs, the Company compares expected product performance, utilizing forecasted revenue amounts, to the total costs incurred to date and estimates of additional costs to be incurred. If revised forecasted product revenue is less than, and/or revised forecasted costs are greater than, the previously forecasted amounts, the net realizable value may be lower than previously estimated, which could result in the recognition of an impairment charge in the period in which such a determination is made.

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Schedule Of Inventory	Inventories consisted of the following (in thousands): June 30, December 31, 2015 2014 Components $ 1,742 $ 1,760 Finished goods 462 474 $ 2,204 $ 2,234

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule Of Intangible Assets	Intangible assets consisted of the following (dollars in thousands): June 30, 2015 Weighted Gross Net Average Carrying Accumulated Carrying Useful Life Amount Amortization Value (in Years) Developed technology $ 8,121 (6,219 ) $ 1,902 2.2 Trade names 3,267 (2,495 ) 772 3.0 Other intangible assets 1,796 (1,242 ) 554 1.7 Total $ 13,184 $ (9,956 ) $ 3,228 2.2 December 31, 2014 Weighted Gross Net Average Carrying Accumulated Carrying Useful Life Amount Amortization Value (in Years) Developed technology $ 8,114 $ (5,666 ) $ 2,448 2.6 Trade names 3,267 (2,367 ) 900 3.5 Other intangible assets 1,777 (1,138 ) 639 2.2 Total $ 13,158 $ (9,171 ) $ 3,987 2.7

Warranties (Tables)

Warranties (Tables)	6 Months Ended
	Jun. 30, 2015
Product Warranties Disclosures [Abstract]
Schedule Of Warranty Liability And Related Activity	Warranty liability and related activity consisted of the following (in thousands): Six-Month Periods Ended June 30, 2015 2014 Beginning balance $ 966 $ 934 Warranty provisions 59 53 Warranty claims (103 ) (173 ) Adjustments to preexisting warranties (151 ) (81 ) Ending balance $ 771 $ 733

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary Of Stock Option Activity	A summary of the option activity for the first six months of 2015 is as follows: Weighted Weighted Average Average Exercise Remaining Aggregate Number of Price per Contractual Intrinsic Shares Share Term (in years) Value Options outstanding at December 31, 2014 354,000 $ 6.30 7.0 $ — Granted 50,000 $ 2.73 5.0 $ — Exercised — $ — — $ — Expired (3,000 ) $ 9.22 — $ — Forfeited (54,000 ) $ 5.57 — $ — Options outstanding at June 30, 2015 347,000 $ 5.88 6.9 $ 37,000 Options exercisable at June 30, 2015 155,750 $ 7.23 5.2 $ —

Loss per Common Share (Tables)

Loss per Common Share (Tables)	6 Months Ended
	Jun. 30, 2015
Net loss per share:
Schedule of Reconciliation of Earnings Per Share	The potentially dilutive effect of common shares subject to certain outstanding stock options is determined based on net loss. A reconciliation of these amounts is as follows (dollar amounts in thousands except per share data): Three-Month Periods Ended Six-Month Periods Ended 2015 2014 2015 2014 Numerator: Net loss $ (742 ) $ (1,533 ) $ (1,909 ) $ (5,290 ) Denominator: Weighted average common shares outstanding 5,008 4,980 5,003 4,978 Dilutive potential common shares — — — — Shares used in diluted net loss per common share calculations 5,008 4,980 5,003 4,978 Basic net loss per common share $ (0.15 ) $ (0.31 ) $ (0.38 ) $ (1.06 ) Diluted net loss per common share $ (0.15 ) $ (0.31 ) $ (0.38 ) $ (1.06 )

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Financial Information By Reportable Segment	The following tables set forth selected unaudited financial information for each of our reportable segments (in thousands): Three Months Ended June 30, Intersection Highway LPR Total 2015 2014 2015 2014 2015 2014 2015 2014 Revenue $ 3,189 $ 3,625 $ 1,218 $ 1,094 $ 774 $ 1,219 $ 5,181 $ 5,938 Gross profit 2,768 3,242 783 488 653 533 4,204 4,263 Amortization of intangible assets — — 122 121 260 272 382 393 Intangible assets — — 210 698 3,018 5,065 3,228 5,763 Six Months Ended June 30, Intersection Highway LPR Total 2015 2014 2015 2014 2015 2014 2015 2014 Revenue $ 5,350 $ 5,808 $ 2,284 $ 2,169 $ 1,886 $ 2,283 $ 9,520 $ 10,260 Gross profit 4,828 5,347 1,363 1,166 1,333 867 7,524 7,380 Amortization of intangible assets — — 244 244 519 538 763 782 Intangible assets — — 210 698 3,018 5,065 3,228 5,763

Restructuring (Tables)

Restructuring (Tables)	6 Months Ended
	Jun. 30, 2015
Restructuring Charges [Abstract]
Summary Of Restructuring Activity	The following table shows the restructuring activity for 2015 (in thousands): Facility Costs Termination and Contract Benefits Termination Total Balance at January 1, 2015 $ 190 $ 26 $ 216 Charges 119 — 119 Payments/settlements (295 ) (8 ) (303 ) Balance at March 31, 2015 $ 14 $ 18 $ 32 Payments/settlements (14 ) (18 ) (32 ) Balance at June 30, 2015 $ — $ — $ — The following table shows the restructuring activity for 2014 (in thousands): Facility Costs Termination and Contract Benefits Termination Total Balance at January 1, 2014 $ — $ — $ — Charges 60 400 460 Payments/settlements (45 ) (177 ) (222 ) Balance at March 31, 2014 $ 15 $ 223 $ 238 Payments/settlements (15 ) (223 ) (238 ) Balance at June 30, 2014 $ — $ — $ —

Basis of Presentation (Details

Basis of Presentation (Details Narrative)	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Royalty percentage of gross profit on licensed products	50.00%

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Inventory Disclosure [Abstract]
Components	$ 1,742	$ 1,760
Finished goods	462	474
Total	$ 2,204	$ 2,234

Intangible Assets (Details)

Intangible Assets (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014	Mar. 31, 2015
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 13,184	$ 13,158
Accumulated Amortization	(9,956)	(9,171)
Net Carrying Value	$ 3,228	3,987
Weighted Average Useful Life (in Years)	2 years 2 months 12 days
Developed Technology Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount		8,114	$ 8,121
Accumulated Amortization		(5,666)	(6,219)
Net Carrying Value		$ 2,448	1,902
Weighted Average Useful Life (in Years)	2 years 2 months 12 days	2 years 7 months 6 days
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount		$ 3,267	3,267
Accumulated Amortization		(2,367)	(2,495)
Net Carrying Value		$ 900	772
Weighted Average Useful Life (in Years)	3 years	3 years 6 months
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount		$ 1,777	1,796
Accumulated Amortization		(1,138)	(1,242)
Net Carrying Value		$ 639	$ 554
Weighted Average Useful Life (in Years)	1 year 8 months 12 days	2 years 2 months 12 days

Credit Facilities (Details Narr

Credit Facilities (Details Narrative) - Alliance Bank [Member] - Revolving Credit Facility [Member] - USD ($) $ in Thousands	May. 12, 2014	Jun. 30, 2015
Maxiumum borrowing line of credit capacity	$ 5,000
Interest rate	3.95%
Description of collateral		Any advances are secured by the Company’s inventories, accounts receivable, cash, marketable securities, and equipment.
Expiration		Apr. 1, 2016

Warranties (Details)

Warranties (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Product Warranties Disclosures [Abstract]
Beginning balance	$ 966	$ 934
Warranty provisions	59	53
Warranty claims	(103)	(173)
Adjustments to preexisting warranties	(151)	(81)
Ending balance	$ 771	$ 733

Stock-Based Compensation (Detai

Stock-Based Compensation (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Stock-based compensation expense	$ 76	$ 99	$ 151	$ 186
Total unrecognized compensation cost related to non-vested stock options	398		$ 398
Weighted average period over which compensation cost is expected to be recognized			2 years 3 months 19 days
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period		7,860	17,700
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value		$ 3.18	$ 2.82
Options outstanding, aggregate intrinsic value	$ 37,000		$ 37,000
Options exercisable, weighted average remaining contractual term			5 years 2 months 12 days
Number of shares granted			50,000
Shares available for grant	392,140		392,140
Maximum [Member]
Stock option awards, vesting term			5 years
Percentage of vesting shares			100.00%
Minimum [Member]
Stock option awards, vesting term			3 years
Percentage of vesting shares			90.00%

Stock-Based Compensation (Det35

Stock-Based Compensation (Details) - USD ($) $ / shares in Units, $ in Thousands		6 Months Ended	12 Months Ended
		Jun. 30, 2015	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Number of Shares, outstanding - beginning of year		354,000	354,000
Number of Shares, Granted		50,000
Number of Shares, Exercised
Number of Shares, Expired		(3,000)
Number of Shares, Forfeited		(54,000)
Number of Shares, outstanding - end of period		347,000
Number of Shares, exercisable - end of period		155,750
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Weighted Average Exercise Price per Share, outstanding - beginning of year	[1]	$ 6.30	$ 6.30
Weighted Average Exercise Price per Share, Granted		2.73
Weighted Average Exercise Price per Share, expired		9.22
Weighted Average Exercise Price per Share, Forfeited		5.57
Weighted Average Exercise Price per Share, outstanding - end of period	[1]	5.88
Weighted Average Exercise Price per Share, exercisable - end of period	[1]	$ 7.23
Options outstanding, weighted average remaining contractual term		6 years 10 months 25 days	7 years
Granted, weighted average remaining contractual term		5 years
Options exercisable, weighted average remaining contractual term		5 years 2 months 12 days
Outstanding Intrinsic Value		$ 37,000
[1]	Weighted Average Exercise Price

Loss per Common Share (Details

Loss per Common Share (Details Narrative) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net loss per share:
Shares excluded from diluted weighted shares outstanding	351,000	343,000	557,000	337,000

Loss per Common Share (Details)

Loss per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Numerator:
Net loss	$ (742)	$ (1,533)	$ (1,909)	$ (5,290)
Denominator:
Weighted average common shares outstanding	5,008,000	4,980,000	5,003,000	4,978,000
Shares used in diluted net loss per common share calculations	5,008,000	4,980,000	5,003,000	4,978,000
Basic net loss per common share	$ (0.15)	$ (0.31)	$ (0.38)	$ (1.06)
Diluted net loss per common share	$ (0.15)	$ (0.31)	$ (0.38)	$ (1.06)

Segment Information (Details)

Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Revenue	$ 5,181	$ 5,938	$ 9,520	$ 10,260
Gross profit	4,204	4,263	7,524	7,380
Amortization of intangible assets	382	393	763	782
Intangible assets, net	3,228	5,763	3,228	5,763
Intersection [Member]
Segment Reporting Information [Line Items]
Revenue	3,189	3,625	5,350	5,808
Gross profit	$ 2,768	$ 3,242	$ 4,828	$ 5,347
Amortization of intangible assets
Highway [Member]
Segment Reporting Information [Line Items]
Revenue	$ 1,218	$ 1,094	$ 2,284	$ 2,169
Gross profit	783	488	1,363	1,166
Amortization of intangible assets	122	121	244	244
Intangible assets, net	210	698	210	698
LPR [Member]
Segment Reporting Information [Line Items]
Revenue	774	1,219	1,886	2,283
Gross profit	653	533	1,333	867
Amortization of intangible assets	260	272	519	538
Intangible assets, net	$ 3,018	$ 5,065	$ 3,018	$ 5,065

Restructuring (Details)

Restructuring (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2015	Jun. 30, 2014
Restructuring Reserve [Roll Forward]
Balance at beginning of period	$ 32	$ 216	$ 238		$ 216
Charges		119		$ 460	119	$ 460
Payments/Settlements	$ (32)	(303)	(238)	(222)
Balance at end of period		32		238
Termination Benefits [Member]
Restructuring Reserve [Roll Forward]
Balance at beginning of period	14	190	15		190
Charges		119		60
Payments/Settlements	(14)	(295)	(15)	(45)
Balance at end of period		14		15
Facility Costs And Contract Termination [Member]
Restructuring Reserve [Roll Forward]
Balance at beginning of period	18	$ 26	223		$ 26
Charges				400
Payments/Settlements	$ (18)	$ (8)	$ (223)	(177)
Balance at end of period		$ 18		$ 223

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) $ in Thousands	Jul. 09, 2015USD ($)
Subsequent Event [Member]
Sale of LPR business	$ 4,200