FG (FGH) 10-Q 8 May 18 2018 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2018	Apr. 30, 2018
Document And Entity Information
Entity Registrant Name	BALLANTYNE STRONG, INC.
Entity Central Index Key	946,454
Document Type	10-Q
Document Period End Date	Mar. 31, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		14,422,090
Trading Symbol	BTN
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2,018

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 3,348	$ 4,870
Accounts receivable (net of allowance for doubtful accounts of $1,976 and $1,877, respectively)	10,749	10,766
Inventories:
Raw materials and components, net	1,248	1,376
Work in process	496	362
Finished goods, net	2,449	3,083
Total inventories, net	4,193	4,821
Recoverable income taxes	492	495
Other current assets	1,572	1,290
Total current assets	20,354	22,242
Property, plant and equipment (net of accumulated depreciation of $9,037 and $8,780 respectively)	10,542	10,826
Equity method investments	17,833	18,053
Intangible assets, net	3,947	3,972
Goodwill	926	952
Notes receivable	2,773	2,815
Other assets	656	154
Total assets	57,031	59,014
Current liabilities:
Accounts payable	4,221	3,425
Accrued expenses	3,562	3,071
Short-term debt	500	500
Current portion of long-term debt	65	65
Deferred revenue and customer deposits	2,314	1,619
Income tax payable	40
Total current liabilities	10,702	8,680
Long-term debt, net of current portion and debt issuance costs	1,855	1,870
Deferred revenue and customer deposits, net of current portion	1,207	1,207
Deferred income taxes	2,852	2,816
Other accrued expenses, net of current portion	257	319
Total liabilities	16,873	14,892
Stockholders' equity:
Preferred stock, par value $.01 per share; authorized 1,000 shares; none outstanding
Common stock, par value $.01 per share; authorized 25,000 shares; issued 17,216 shares; outstanding 14,422 shares	169	169
Additional paid-in capital	40,820	40,565
Accumulated other comprehensive income (loss):
Foreign currency translation	(4,515)	(4,048)
Postretirement benefit obligations	108	99
Unrealized gain on available-for-sale securities of equity method investments	301	353
Retained earnings	21,861	25,570
Stockholders' equity before treasury stock	58,744	62,708
Less 2,794 of common shares in treasury, at cost	(18,586)	(18,586)
Total stockholders' equity	40,158	44,122
Total liabilities and stockholders' equity	$ 57,031	$ 59,014

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Accounts receivable, allowance for doubtful accounts	$ 1,976	$ 1,877
Property, plant and equipment, accumulated depreciation	$ 9,037	$ 8,780
Preferred stock par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares outstanding
Common stock par value	$ .01	$ .01
Common stock, shares authorized	25,000,000	25,000,000
Common stock, shares issued	17,216,000	17,216,000
Common stock, shares outstanding	14,422,000	14,422,000
Common shares in treasury, shares	2,794,000	2,794,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Income Statement [Abstract]
Net product sales	$ 8,639	$ 12,456
Net service revenues	7,189	5,470
Total net revenues	15,828	17,926
Cost of products sold	5,812	10,308
Cost of services	7,166	3,179
Total cost of revenues	12,978	13,487
Gross profit	2,850	4,439
Selling and administrative expenses:
Selling	1,225	1,490
Administrative	4,709	3,547
Total selling and administrative expenses	5,934	5,037
Loss from operations	(3,084)	(598)
Other income (expense):
Interest income		22
Interest expense	(45)	(10)
Foreign currency transaction gain	104	3
Fair value adjustment to notes receivable	(42)
Other (expense) income, net	(10)	5
Total other income	7	20
Loss before income taxes and equity method investment (loss) income	(3,077)	(578)
Income tax expense	698	1,493
Equity method investment (loss) income	(10)	2,481
Net (loss) earnings from continuing operations	(3,785)	410
Net loss from discontinued operations, net of tax		(23)
Net (loss) earnings	$ (3,785)	$ 387
Net (loss) earnings per share - basic
Net (loss) earnings from continuing operations	$ (0.26)	$ 0.03
Net loss from discontinued operations		0
Net (loss) earnings	(0.26)	0.03
Net (loss) earnings per share - diluted
Net (loss) earnings from continuing operations	(0.26)	0.03
Net loss from discontinued operations		0
Net (loss) earnings	$ (0.26)	$ 0.03

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive (Loss) Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Statement of Comprehensive Income [Abstract]
Net (loss) earnings	$ (3,785)	$ 387
Adjustment to postretirement benefits	9
Currency translation adjustment:
Unrealized net change arising during period	(467)	109
Unrealized loss on available-for-sale securities of equity method investments, net of tax	(52)
Total other comprehensive (loss) income	(510)	109
Comprehensive (loss) income	$ (4,295)	$ 496

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities:
Net (loss) earnings	$ (3,785)	$ 387
Net loss from discontinued operations, net of tax		(23)
Net (loss) earnings from continuing operations	(3,785)	410
Adjustments to reconcile net (loss) earnings from continuing operations to net cash (used in) provided by operating activities:
Provision for doubtful accounts	103	3
Provision for obsolete inventory	44	68
Provision for warranty	79	18
Depreciation and amortization	524	482
Equity method investment loss (income)	10	(2,481)
Fair value adjustment to notes receivable	42
Deferred income taxes	87	867
Amortization of contract acquisition costs	57
Stock-based compensation expense	255	136
Changes in operating assets and liabilities:
Accounts receivable	(178)	(282)
Inventories	537	(514)
Other current assets	5	(102)
Accounts payable	256	2,321
Accrued expenses	429	154
Customer deposits/deferred revenue	704	(86)
Current income taxes	36	(156)
Other assets	(796)	(271)
Net cash flows (used in) provided by operating activities - continuing operations	(1,591)	567
Net cash flows used in operating activities - discontinued operations		(24)
Net cash (used in) provided by operating activities	(1,591)	543
Cash flows from investing activities:
Purchase of equity securities		(2,525)
Dividends received from investee in excess of cumulative earnings	23	103
Capital expenditures	(356)	(1,120)
Net cash used in investing activities - continuing operations	(333)	(3,542)
Cash flows from financing activities:
Principal payments on long-term debt	(16)
Purchase of treasury stock		(65)
Payments on capital lease obligations	(53)	(67)
Net cash used in financing activities - continuing operations	(69)	(132)
Effect of exchange rate changes on cash and cash equivalents - continuing operations	471	39
Net decrease in cash and cash equivalents	(1,522)	(3,092)
Discontinued operations activity included above:
Add: Cash balance included in assets held for sale at beginning of period		175
Less: Cash balance included in assets held for sale at end of period		(150)
Cash and cash equivalents at beginning of period	4,870	7,596
Cash and cash equivalents at end of period	$ 3,348	$ 4,529

Nature of Operations

Nature of Operations	3 Months Ended
	Mar. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	1. Nature of Operations Ballantyne Strong, Inc. (“Ballantyne” or the “Company”), a Delaware corporation, is a holding company with diverse business activities focused on serving the cinema, retail, financial, advertising and government markets. The Company, and its wholly owned subsidiaries Strong Technical Services, Inc., Strong/MDI Screen Systems, Inc. (“Strong/MDI”), Convergent Media Systems Corporation and Strong Digital Media, LLC design, integrate and install technology solutions for a broad range of applications; develop and deliver out-of-home messaging, advertising and communications; manufacture projection screens; and provide managed services including monitoring of networked equipment to our customers.

Discontinued Operations

Discontinued Operations	3 Months Ended
	Mar. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	2. Discontinued Operations In May 2017, the Company sold the operational assets of Strong Westrex, Inc. for total proceeds of $60 thousand. The summary financial results of discontinued operations for the three months ended March 31, 2017 were as follows (in thousands): Total net revenues $ 12 Total cost of revenues 26 Total selling and administrative expenses 9 Loss from operations of discontinued operations (23 ) Loss before income taxes (23 ) Income tax expense - Net loss from discontinued operations, net of tax $ (23 ) There was no depreciation and amortization related to discontinued operations recorded for the three month period ended March 31, 2017. There were no capital expenditures related to discontinued operations during the three month period ended March 31, 2017.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2018
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	3. Summary of Significant Accounting Policies Basis of Presentation and Principles of Consolidation The condensed consolidated financial statements include the accounts of the Company and all majority owned and controlled domestic and foreign subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. The condensed consolidated financial statements included in this report are presented in accordance with the requirements of Form 10-Q and consequently do not include all of the disclosures normally required by accounting principles generally accepted in the United States of America for annual reporting purposes or those made in the Company’s Annual Report on Form 10-K. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2017. The condensed consolidated balance sheet as of December 31, 2017 was derived from the Company’s audited consolidated balance sheet as of that date. All other condensed consolidated financial statements contained herein are unaudited and, in the opinion of management, reflect all adjustments of a normal recurring nature necessary to present a fair statement of the financial position and the results of operations and cash flows for the respective interim periods. The results for interim periods are not necessarily indicative of trends or results expected for a full year. Use of Management Estimates The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results and changes in facts and circumstances may alter such estimates and affect results of operations and financial position in future periods. Equity Method Investments We apply the equity method of accounting to investments when we have significant influence, but not controlling interest in the investee. Judgment regarding the level of influence over each equity method investment includes considering key factors such as ownership interest, representation on the board of directors, participation in policy-making decisions and material intercompany transactions. The Company’s proportionate share of the net income (loss) resulting from these investments is reported under the line item captioned “equity method investment (loss) income” in our condensed consolidated statements of operations. The carrying value of our equity method investments is reported in equity method investments in the condensed consolidated balance sheets. The Company’s equity method investments are reported at cost and adjusted each period for the Company’s share of the investee’s income or loss and dividend paid, if any. The Company’s share of the investee’s income or loss is recorded on a one quarter lag for all equity method investments. The Company classifies distributions received from equity method investments using the cumulative earnings approach on the condensed consolidated statements of cash flows. The Company assesses investments for impairment whenever events or changes in circumstances indicate that the carrying value of an investment may not be recoverable. The Company did not record any impairments related to its investments during the three months ended March 31, 2018 or 2017. Note 6 contains additional information on our equity method investments, which are held by our Cinema segment. Fair Value of Financial Instruments Assets and liabilities measured at fair value are categorized into a fair value hierarchy based upon the observability of inputs to the valuation of an asset or liability as of the measurement date. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. The categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Financial assets and liabilities carried at fair value are classified and disclosed in one of the following three categories: ● Level 1 – inputs to the valuation techniques are quoted prices in active markets for identical assets or liabilities ● Level 2 – inputs to the valuation techniques are other than quoted prices but are observable for the assets or liabilities, either directly or indirectly ● Level 3 – inputs to the valuation techniques are unobservable for the assets or liabilities The following tables present the Company’s financial assets measured at fair value based upon the level within the fair value hierarchy in which the fair value measurements fall, as of March 31, 2018 and December 31, 2017. Fair values measured on a recurring basis at March 31, 2018 (in thousands): Level 1 Level 2 Level 3 Total Cash and cash equivalents $ 3,348 $ - $ - $ 3,348 Notes receivable - - 2,773 $ 2,773 Total $ 3,348 $ - $ 2,773 $ 6,121 Fair values measured on a recurring basis at December 31, 2017 (in thousands): Level 1 Level 2 Level 3 Total Cash and cash equivalents $ 4,870 $ - $ - $ 4,870 Notes receivable - - 2,815 $ 2,815 Total $ 4,870 $ - $ 2,815 $ 7,685 Quantitative information about the Company’s level 3 fair value measurements at March 31, 2018 is set forth below: Fair value at 3/31/18 (in thousands) Valuation technique Unobservable input Range Notes receivable $ 2,773 Discounted cash flow Default percentage 49 % Discount rate 18 % During 2011, the Company entered into certain unsecured notes receivable arrangements with CDF2 Holdings, LLC pertaining to the sale and installation of digital projection equipment. The notes receivable accrue interest at a rate of 15% per annum. Interest not paid in any particular year is added to the principal and also accrues interest at 15%. The notes receivable are recorded at estimated fair value. In order to estimate the fair value, the Company reviews the financial position and estimated cash flows of the debtor of the notes receivable. During the first quarter of 2018, the Company updated its estimated future cash flow assumptions. This resulted in a decrease to the fair value of the notes receivable of $42 thousand recorded in earnings during the quarter ended March 31, 2018. There was no adjustment to the estimated fair value of the notes receivable during the quarter ended March 31, 2017. The significant unobservable inputs used in the fair value measurement of the Company’s notes receivable are discount rate and percentage of default. Significant increases (decreases) in any of these inputs in isolation would result in a significantly lower (higher) fair value measurement. The Company’s short-term and long-term debt is recorded at historical cost. As of March 31, 2018, the Company’s long-term debt, including current maturities, had a carrying value of $1.95 million. Based on discounted cash flows using current quoted interest rates (Level 2 of the fair value hierarchy), the estimated fair value at March 31, 2018 was $1.90 million. The carrying values of all other financial assets and liabilities, including accounts receivable, accounts payable, accrued expenses and short-term debt, reported in the condensed consolidated balance sheets equal or approximate their fair values due to the short-term nature of these instruments. Note 6 includes fair value information related to our equity method investments. All non-financial assets that are not recognized or disclosed at fair value in the financial statements on a recurring basis, which include non-financial long-lived assets, are measured at fair value in certain circumstances (for example, when there is evidence of impairment). During the three months ended March 31, 2018 and 2017, the Company did not have any significant non-recurring measurements of non-financial assets or liabilities. Recently Adopted Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” “(ASC 606)”. The ASU replaced most existing revenue recognition guidance in U.S. GAAP. The Company adopted ASC 606 effective January 1, 2018 using the modified retrospective method. The Company recorded a transition adjustment of approximately $76 thousand increasing the opening balance of retained earnings, primarily related to the deferral and amortization of direct and incremental costs of obtaining contracts. See Note 4 for further information about the nature and pattern of revenue recognition for the different types of contracts with customers. In January 2016, the FASB issued ASU 2016-01, “Financial Instruments - Overall: Recognition and Measurement of Financial Assets and Financial Liabilities.” ASU 2016-01 requires equity investments that do not result in consolidation and are not accounted under the equity method to be measured at fair value with changes in fair value recognized in net income; simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment; requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments; requires separate presentation of financial assets and financial liabilities by measurement category and form of financial assets on the balance sheet or the accompanying notes to the financial statements; clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets; and modifies certain fair value disclosure requirements. The Company adopted ASU 2016-01 prospectively on January 1, 2018. The adoption of this ASU did not significantly impact the Company’s results of operations and financial position. In May 2017, the FASB issued ASU 2017-09, “Compensation – Stock Compensation (Topic 718): Scope of Modification Accounting.” The new guidance describes the types of changes to the terms or conditions of share-based payment awards to which an entity would be required to apply modification accounting. The Company adopted this ASU effective January 1, 2018. The adoption of this ASU did not significantly impact the Company’s results of operations and financial position. Recently Issued Accounting Pronouncements In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842).” ASU 2016-02 requires lessees to recognize a lease liability and a right-to-use asset for all leases, including operating leases, with a term greater than twelve months, on its balance sheet. This ASU is effective in fiscal years beginning after December 15, 2018, with early adoption permitted, and requires a modified retrospective transition method. The Company is evaluating the requirements of ASU 2016-02 and its potential impact on the Company’s financial statements. The Company has leases primarily for property and equipment and is in the process of identifying and evaluating these leases for purposes of ASU 2016-02. For each of these leases, the term will be evaluated, including extension and renewal options as well as the lease payments. While the Company has not yet quantified the impact that the adoption of ASU 2016-02 will have on its consolidated financial statements, the Company expects to record assets and liabilities on its balance sheet upon adoption of this standard, which may be material. The Company will continue to provide enhanced disclosures as it continues its assessment. In June 2016, the FASB issued ASU 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” This ASU will require the measurement of all expected credit losses for financial assets, including trade receivables, held at the reporting date based on historical experience, current conditions and reasonable and supportable forecasts. The guidance is effective for annual reporting periods beginning after December 15, 2019 and interim periods within those fiscal years. The Company believes its adoption will not significantly impact the Company’s results of operations and financial position. In January 2017, the FASB issued ASU 2017-04, “Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment.” The new guidance eliminates Step 2 of the goodwill impairment testing which requires the fair value of individual assets and liabilities of a reporting unit to be determined when measuring goodwill impairment. The new guidance may result in different amounts of impairment that could be recognized compared to existing guidance. In addition, failing step 1 of the impairment test may not result in impairment under existing guidance. However, under the revised guidance, failing step 1 will always result in a goodwill impairment. ASU 2017-04 is to be applied prospectively for goodwill impairment testing performed in years beginning after December 15, 2019. The Company does not believe its adoption will significantly impact the Company’s results of operations or financial position.

Revenue

Revenue	3 Months Ended
	Mar. 31, 2018
Revenue from Contract with Customer [Abstract]
Revenue	4. Revenue On January 1, 2018, the Company adopted ASC 606 using the modified retrospective method for all contracts not completed as of the date of adoption. Results for reporting periods beginning on or after January 1, 2018 are presented under ASC 606, while prior period amounts are not adjusted and continue to be reported under the accounting standards in effect for the prior period. Under ASC 606, the Company accounts for revenue using the following steps: ● Identify the contract, or contracts, with a customer ● Identify the performance obligations in the contract ● Determine the transaction price ● Allocate the transaction price to the identified performance obligations ● Recognize revenue when, or as, the Company satisfies the performance obligations The Company combines contracts with the same customer into a single contract for accounting purposes when the contracts are entered into at or near the same time and the contracts are negotiated as a single commercial package, consideration in one contract depends on the other contract, or the services are considered a single performance obligation. If an arrangement involves multiple performance obligations, the items are analyzed to determine the separate units of accounting, whether the items have value on a standalone basis and whether there is objective and reliable evidence of their standalone selling price. The total contract transaction price is allocated to the identified performance obligations based upon the relative standalone selling prices of the performance obligations. The standalone selling price is based on an observable price for services sold to other comparable customers, when available, or an estimated selling price using a cost plus margin approach. The Company estimates the amount of total contract consideration it expects to receive for variable arrangements by determining the most likely amount it expects to earn from the arrangement based on the expected quantities of services it expects to provide and the contractual pricing based on those quantities. The Company only includes some or a portion of variable consideration in the transaction price when it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is subsequently resolved. The Company considers the sensitivity of the estimate, its relationship and experience with the client and variable services being performed, the range of possible revenue amounts and the magnitude of the variable consideration to the overall arrangement. As discussed in more detail below, revenue is recognized when a customer obtains control of promised goods or services under the terms of a contract and is measured as the amount of consideration the Company expects to receive in exchange for transferring goods or providing services. The Company does not have any material extended payment terms as payment is due at or shortly after the time of the sale. Observable prices are used to determine the standalone selling price of separate performance obligations or a cost plus margin approach when one is not available. Sales, value-added and other taxes collected concurrently with revenue producing activities are excluded from revenue. The Company recognizes contract assets or unbilled receivables related to revenue recognized for services completed but not yet invoiced to the clients. Unbilled receivables are recorded as accounts receivable when the Company has an unconditional right to contract consideration. A contract liability is recognized as deferred revenue when the Company invoices clients in advance of performing the related services under the terms of a contract. Deferred revenue is recognized as revenue when the Company has satisfied the related performance obligation. Deferred contract acquisition costs are included in other assets. Beginning January 1, 2018, with the adoption of ASC 606, the Company defers costs to acquire contracts, including commissions, incentives and payroll taxes, if they are incremental and recoverable costs of obtaining a customer contract with a term exceeding one year. Deferred contract costs are reported within other assets and amortized to selling expense over the contract term, which generally ranges from one to five years. The Company has elected to recognize the incremental costs of obtaining a contract with a term of less than one year as a selling expense when incurred. Prior to 2018, all contract acquisition costs were expensed as incurred. The Company recorded a transition adjustment of approximately $76 thousand increasing the opening balance of retained earnings, primarily related to the deferral and amortization of direct and incremental costs of obtaining contracts. The following table summarizes the changes in the Company’s contract asset balance during the three months ended March 31, 2018 (in thousands): Deferred contract acquisition costs as of January 1, 2018 $ 76 Costs capitalized 10 Amortization (14 ) Impairment - Deferred contract acquisition costs as of March 31, 2018 $ 72 The following tables summarize the impact the adoption of ASC 606 had on the Company’s consolidated financial statements (in thousands, except per share data): Condensed Consolidated Balance Sheet: As reported March 31, 2018 Adjustments Balances without adoption of ASC 606 Total current assets $ 20,354 $ 146 $ 20,500 Total noncurrent assets 36,677 (14 ) 36,663 Total assets $ 57,031 $ 132 $ 57,163 Total current liabilities $ 10,702 $ 258 $ 10,960 Total noncurrent liabilities 6,171 - 6,171 Total liabilities 16,873 258 17,131 Retained earnings 21,861 (126 ) 21,735 Other stockholders’ equity 18,297 - 18,297 Total stockholders’ equity 40,158 (126 ) 40,032 Total liabilities and stockholders’ equity $ 57,031 $ 132 $ 57,163 Condensed Consolidated Statement of Operations: As reported for the three months ended March 31, 2018 Adjustments Balances without adoption of ASC 606 Total net revenues $ 15,828 $ (57 ) $ 15,771 Total cost of revenues 12,978 (2 ) 12,976 Gross profit 2,850 (55 ) 2,795 Total selling and administrative expenses 5,934 (5 ) 5,929 Loss from operations (3,084 ) (50 ) (3,134 ) Other income 7 - 7 Loss before income taxes and equity method investment loss (3,077 ) (50 ) (3,127 ) Income tax expense 698 - 698 Equity method investment loss (10 ) - (10 ) Net loss $ (3,785 ) $ (50 ) $ (3,835 ) Net loss per share of common stock: Basic $ (0.26 ) (0.00 ) $ (0.26 ) Diluted $ (0.26 ) (0.00 ) $ (0.26 ) The adoption of ASC 606 did not have any net impact on other comprehensive loss or cash flows. The following table disaggregates the Company’s revenue by major source for the three months ended March 31, 2018: Cinema Digital Media Other Eliminations Total Screen system sales $ 4,005 $ - $ - $ - $ 4,005 Digital equipment sales 3,158 766 - (216 ) 3,708 Field maintenance and monitoring services 2,944 2,114 - (138 ) 4,920 Installation services 328 1,360 - - 1,688 Extended warranty sales 342 - - - 342 Other 672 477 16 - 1,165 Total $ 11,449 $ 4,717 $ 16 $ (354 ) $ 15,828 Screen system sales The Company recognizes revenue on the sale of its screen systems when control of the screen is transferred to the customer, usually at time of shipment. However, revenue is recognized upon delivery for certain international shipments with longer shipping transit time because control does not transfer to the customer until delivery. Digital equipment sales The Company recognizes revenue on sales of digital equipment when the control of the equipment is transferred, which occurs at the time of shipment from the Company’s warehouse or drop-shipment from a third party. The cost of freight and shipping to the customer is recognized in cost of sales at the time of transfer of control to the customer. Field maintenance and monitoring services The Company sells service contracts that provide maintenance and monitoring services to Cinema and Digital Media customers. In the Cinema segment, these contracts are generally 12 months in length, while the term for service contracts in the Digital Media segment can be for multiple years. Revenue is recognized over the term of the agreement in proportion to the costs incurred in fulfilling performance obligations under the contract. The Company also performs time and materials-based maintenance and repair work for customers in the Cinema and Digital Media segments. Revenue is recognized at a point in time when the performance obligation has been fully satisfied. Installation services The Company performs installation services for both its Cinema and Digital Media customers and recognizes revenue upon completion of the installations. Extended warranty sales The Company sells extended warranties to its Cinema customers. When the Company is the primary obligor, revenue is recognized on a gross basis over the term of the extended warranty in proportion to the costs incurred in fulfilling performance obligations under the extended warranty. In third party extended warranty sales, the Company is not the primary obligor, and revenue is recognized on a net basis at the time of the sale. At January 1, 2018, $0.8 million of unearned revenue associated with maintenance and monitoring services and extended warranty sales in which the Company is the primary obligor was reported in deferred revenue and customer deposits. During the three months ended March 31, 2018, $0.4 million of this balance was earned and recognized as revenue. At March 31, 2018, the unearned revenue amount was $0.8 million. The Company expects to recognize $0.7 million of unearned revenue amounts throughout the rest of 2018, and immaterial amounts each year from 2019 through 2023. The following table disaggregates the Company’s revenue by the timing of transfer of goods or services to the customer for the three months ended March 31, 2018 (in thousands): Cinema Digital Media Other Eliminations Total Point in time $ 9,598 $ 2,529 $ 16 $ (354 ) $ 11,789 Over time 1,851 2,188 - - 4,039 Total $ 11,449 $ 4,717 $ 16 $ (354 ) $ 15,828

(Loss) Earnings Per Common Shar

(Loss) Earnings Per Common Share	3 Months Ended
	Mar. 31, 2018
Earnings Per Share [Abstract]
(Loss) Earnings Per Common Share	5. (Loss) Earnings Per Common Share Basic (loss) earnings per share has been computed on the basis of the weighted average number of shares of common stock outstanding. Diluted (loss) earnings per share has been computed on the basis of the weighted average number of shares of common stock outstanding after giving effect to potential common shares from dilutive stock options and certain non-vested shares of restricted stock and restricted stock units. The following table provides the reconciliation between average shares used to compute basic and diluted (loss) earnings per share: Three Months Ended March 31, 2018 2017 Weighted average shares outstanding (in thousands): Basic weighted average shares outstanding 14,341 14,264 Dilutive effect of stock options and certain non-vested shares of restricted stock - 156 Diluted weighted average shares outstanding 14,341 14,420 For the three month period ended March 31, 2018, options to purchase 490,000 shares of common stock were outstanding but were not included in the computation of diluted loss per share as the option’s exercise price was greater than the average market price of the common shares for each period. An additional 129,525 common stock equivalents related to options and restricted stock awards were excluded for the three months ended March 31, 2018, respectively, as their inclusion would be anti-dilutive, thereby decreasing the net losses per share. For the three month period ended March 31, 2017, options to purchase 385,000 shares of common stock were outstanding but were not included in the computation of diluted earnings per share as the option’s exercise price was greater than the average market price of the common shares for the respective periods.

Equity Method Investments

Equity Method Investments	3 Months Ended
	Mar. 31, 2018
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments	6. Equity Method Investments The following summarizes our equity method investments (dollars in thousands): March 31, 2018 December 31, 2017 Entity Carrying Amount Economic Interest Carrying Amount Economic Interest RELM Wireless Corporation $ 4,102 8.3 % $ 4,473 8.3 % Itasca Capital, Ltd. 5,814 32.3 % 5,870 32.3 % 1347 Property Insurance Holdings, Inc. 7,917 17.4 % 7,710 17.4 % Total $ 17,833 $ 18,053 The following summarizes the (loss) income of equity method investees reflected in the Statement of Operations (in thousands): Three months ended March 31, Entity 2018 2017 RELM Wireless Corporation $ (354 ) $ 8 Itasca Capital, Ltd. 103 2,461 1347 Property Insurance Holdings, Inc. 241 12 Total $ (10 ) $ 2,481 RELM Wireless Corporation (“RELM”) is a publicly traded company that designs, manufactures and markets two-way land mobile radios, repeaters, base stations and related components and subsystems. The Company’s Chief Executive Officer is chairman of the board of directors of RELM, and controls entities that, when combined with the Company’s ownership in RELM, own greater than 20% of RELM, providing the Company with significant influence over RELM, but not controlling interest. The Company received dividends of $23 thousand and $0.1 million for the three month periods ended March 31, 2018 and 2017, respectively. Based on quoted market prices, the market value of the Company’s ownership in RELM was $4.5 million at March 31, 2018. Itasca Capital, Ltd. (“Itasca”) is a publicly traded Canadian company that is an investment vehicle seeking transformative strategic investments. The Company’s Chief Executive Officer is a member of the board of directors of Itasca. This board seat, combined with the Company’s 32.3% ownership of Itasca, provide the Company with significant influence over Itasca, but not controlling interest. The Company did not receive dividends from Itasca during the three month periods ended March 31, 2018 or 2017. Based on quoted market prices, the market value of the Company’s ownership in Itasca was $3.5 million at March 31, 2018. 1347 Property Insurance Holdings, Inc. (“PIH”) is a publicly traded company that provides property and casualty insurance in the States of Louisiana, Texas and Florida. The Company’s Chief Executive Officer is a member of the board of directors of PIH, and controls entities that, when combined with the Company’s ownership in PIH, own greater than 20% of PIH, providing the Company with significant influence over PIH, but not controlling interest. The Company did not receive dividends from PIH during the three month periods ended March 31, 2018 and 2017. Based on quoted market prices, the market value of the Company’s ownership in PIH was $7.4 million at March 31, 2018. As of March 31, 2018, the Company’s retained earnings included undistributed earnings from our equity method investees of $1.5 million. The summarized financial information presented below reflects the financial information of the Company’s equity method investees for the three months ended December 31, 2017, consistent with the Company’s recognition of the results of its equity method investments on a one-quarter lag. For the three months ended December 31, 2017 2016 (in thousands) Revenue $ 20,576 $ 15,358 Operating loss from continuing operations $ (2,034 ) $ 2,590 Net income $ (2,557 ) $ 9,351

Intangible Assets

Intangible Assets	3 Months Ended
	Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	7. Intangible Assets Intangible assets consisted of the following at March 31, 2018 (dollars in thousands): Useful life Gross Accumulated Amortization Net (Years) Intangible assets not yet subject to amortization: Software in development $ 877 $ - $ 877 Intangible assets subject to amortization: Software in service 5 3,718 (768 ) 2,950 Product formulation 10 473 (353 ) 120 Total $ 5,068 $ (1,121 ) $ 3,947 Intangible assets consisted of the following at December 31, 2017 (dollars in thousands): Useful life Gross Accumulated Amortization Net (Years) Intangible assets not yet subject to amortization: Software in development $ 1,243 $ - $ 1,243 Intangible assets subject to amortization: Software in service 5 3,191 (597 ) 2,594 Product formulation 10 486 (351 ) 135 Total $ 4,920 $ (948 ) $ 3,972 Amortization expense relating to intangible assets was $0.2 million and $0.1 million for the three months ended March 31, 2018 and 2017, respectively. The following table shows the Company’s estimated future amortization expense related to intangible assets currently subject to amortization for the next five years (in thousands): Amount Remainder 2018 $ 639 2019 840 2020 831 2021 670 2022 86 Thereafter 4 Total $ 3,070

Goodwill

Goodwill	3 Months Ended
	Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	8. Goodwill The following represents a summary of changes in the Company’s carrying amount of goodwill for the three months ended March 31, 2018 (in thousands): Balance as of December 31, 2017 $ 952 Foreign currency translation (26 ) Balance as of March 31, 2018 $ 926

Warranty Reserves

Warranty Reserves	3 Months Ended
	Mar. 31, 2018
Guarantees and Product Warranties [Abstract]
Warranty Reserves	9. Warranty Reserves In most instances, the Company’s digital projection products are covered by the manufacturing firm’s original warranty; however, for certain customers the Company may grant warranties in excess of the manufacturer’s warranty. In addition, the Company provides warranty coverage on screens it manufactures. The Company accrues for these costs at the time of sale. The following table summarizes warranty activity for the three months ended March 31, 2018 and 2017 (in thousands): Three Months Ended March 31, 2018 2017 Warranty accrual at beginning of period $ 521 $ 645 Charged to expense 84 47 Claims paid, net of recoveries (30 ) (231 ) Foreign currency adjustment (11 ) 1 Warranty accrual at end of period $ 564 $ 462

Debt

Debt	3 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Debt	10. Debt The Company’s debt consists of the following (in thousands): March 31, 2018 December 31, 2017 Short-term debt: Revolving line of credit $ 500 $ 500 Current portion of long-term debt 65 65 Total short-term debt 565 565 Long-term debt: $2 million term loan 1,951 1,968 Less: current portion (65 ) (65 ) Less: unamortized debt issuance costs (31 ) (33 ) Total long-term debt 1,855 1,870 Total short-term and long-term debt $ 2,420 $ 2,435 On April 27, 2017, the Company entered into a debt agreement with a bank consisting of 1) a $2.0 million five-year term loan secured by a first lien deed of trust on the Company’s Alpharetta, GA facility, bearing interest at a fixed rate of 4.5% and payable in equal monthly installments of principal and interest calculated based on a 20-year amortization schedule with a final balloon payment of approximately $1.7 million due on May 10, 2022 and 2) a line of credit of up to $1.0 million secured by a second lien deed of trust on the Company’s Alpharetta, GA facility, bearing interest at the Prime Rate published in the Wall Street Journal plus 0.25% (5.00% at March 31, 2018) and with a term ending May 10, 2018. On April 23, 2018, the Company entered into a one-year extension of the maturity date of the line of credit through May 10, 2019. The debt agreement requires the Company to maintain a ratio of total liabilities to tangible net worth not in excess of 3:1 and maintain minimum liquidity of $2.0 million. The Company was in compliance with its debt covenants as of March 31, 2018. The Company’s Chairman and Chief Executive Officer is also a member of the bank’s board of directors. On September 5, 2017, the Company’s Canadian subsidiary, Strong/MDI, entered into a demand credit agreement with a bank consisting of a revolving line of credit for up to CDN$3.5 million subject to a borrowing base requirement, a 20-year installment loan for up to CDN$6.0 million and a 5-year installment loan for up to CDN$500,000. Amounts outstanding under the line of credit are payable on demand and will bear interest at the prime rate established by the lender. Amounts outstanding under the installment loans will bear interest at the prime rate plus 0.5% and are payable in monthly installments, including interest, over their respective borrowing periods. The lender may also demand repayment of the installment loans at any time. The Strong/MDI credit facilities are secured by a lien on Strong/MDI’s Quebec, Canada facility and substantially all of Strong/MDI’s assets. The credit agreement requires Strong/MDI to maintain a ratio of liabilities to “effective equity” (tangible stockholders’ equity, less amounts receivable from affiliates and equity method investments) not exceeding 2 to 1, a current ratio (excluding amounts due from related parties) of at least 1.5 to 1 and minimum “effective equity” of CDN$8.0 million. There were no borrowings outstanding at March 31, 2018 on any of the Strong/MDI credit facilities, as Strong/MDI had not yet drawn on the facilities. On April 24, 2018, the Company borrowed CDN$3.5 million on the 20-year installment loan. Strong/MDI was in compliance with its debt covenants as of March 31, 2018. Scheduled repayments are as follows for the Company’s long-term debt outstanding as of March 31, 2018 (in thousands): Remainder of 2018 $ 48 2019 68 2020 70 2021 74 2022 1,691 Thereafter - Total $ 1,951

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2018
Income Tax Disclosure [Abstract]
Income Taxes	11. Income Taxes In assessing the realizability of deferred tax assets, the Company considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income. The Company considers the scheduled reversal of taxable temporary differences, projected future taxable income and tax planning strategies in making this assessment. A cumulative loss in a particular tax jurisdiction in recent years is a significant piece of evidence with respect to the realizability that is difficult to overcome. Based on the available objective evidence, including recent updates to the taxing jurisdictions generating income, the Company concluded that a valuation allowance should be recorded against all of the Company’s U.S. tax jurisdiction deferred tax assets as of March 31, 2018 and December 31, 2017. In December 2017, the Tax Cuts and Jobs Act of 2017 (the “2017 Tax Act”) was signed into law in the United States. The law includes significant changes to the United States corporate income tax system, including a federal corporate rate reduction and the transition of the United States from a worldwide tax system to a territorial tax system. As part of the transition to a territorial tax system, the 2017 Tax Act requires taxpayers to calculate a one-time transition tax based on the deemed repatriation of undistributed earnings of foreign subsidiaries. The Company is currently analyzing the 2017 Tax Act, and in certain areas, has made provisional estimates of the effects on our consolidated financial statements and tax disclosures, including the amount of the repatriation tax and changes to existing deferred tax balances. The Company is subject to possible examinations not yet initiated for Federal purposes for fiscal years 2014 through 2017. In most cases, the Company is subject to possible examinations by state or local jurisdictions based on the particular jurisdiction’s statute of limitations.

Stock Compensation

Stock Compensation	3 Months Ended
	Mar. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Compensation	12. Stock Compensation The Company recognizes compensation expense for all stock-based payment awards made to employees and directors based on estimated grant date fair values. Stock-based compensation expense included in selling and administrative expenses approximated $0.3 million and $0.1 million for the three months ended March 31, 2018 and 2017, respectively. The Company’s 2017 Omnibus Equity Compensation Plan (“2017 Plan”) was approved by the Company’s stockholders and provides the Compensation Committee of the Board of Directors with the discretion to grant stock options, stock appreciation rights, restricted shares, restricted stock units, performance shares, performance units and other stock-based awards and cash-based awards. Vesting terms vary with each grant and may be subject to vesting upon a “change in control” of the Company. The total number of shares authorized for issuance under the 2017 Plan is 1,371,189 shares, with 758,354 shares remaining available for grant at March 31, 2018. Options The Company granted a total of 387,500 and 285,000 options during the three month periods ended March 31, 2018 and 2017, respectively. Options to purchase shares of common stock were granted with exercise prices equal to the fair value of the common stock on the date of grant. The weighted average grant date fair value of stock options granted during the three month periods ended March 31, 2018 and 2017 was $1.82 and $2.41, respectively. The fair value of each stock option granted was estimated on the date of grant using a Black-Scholes valuation model with the following weighted average assumptions: 2018 2017 Expected dividend yield at date of grant 0.00 % 0.00 % Risk-free interest rate 2.49 % 2.04 % Expected stock price volatility 35.65 % 34.71 % Expected life of options (in years) 6.0 6.0 The risk-free interest rate assumptions were based on the U.S. Treasury yield curve in effect at the time of the grant. Expected volatility is based on historical daily price changes of the Company’s stock for six years prior to the date of grant. The expected life of options is the average number of years the Company estimates that options will be outstanding. The following table summarizes stock option activity for the three months ended March 31, 2018: Number of Options Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Term Aggregate Intrinsic Value (in thousands) Outstanding at December 31, 2017 930,300 $ 5.63 8.7 $ 150 Granted 387,500 4.70 Exercised - - Forfeited (32,000 ) 5.59 Expired (8,000 ) 5.41 Outstanding at March 31, 2018 1,277,800 $ 5.29 8.8 $ 64 Exercisable at March 31, 2018 269,300 $ 4.88 7.9 $ 31 The aggregate intrinsic value in the table above represents the total that would have been received by the option holders if all in-the-money options had been exercised and sold on the date indicated. As of March 31, 2018, 1,008,500 stock option awards were non-vested. Unrecognized compensation cost related to stock option awards was approximately $1.9 million, which is expected to be recognized over a weighted average period of 4.0 years. Restricted Stock The Company estimates the fair value of restricted stock awards based upon the market price of the underlying common stock on the date of grant. As of March 31, 2018, the total unrecognized compensation cost related to non-vested restricted stock awards was approximately $1.1 million, which is expected to be recognized over a weighted average period of 2.4 years. The following table summarizes restricted stock share activity for the three months ended March 31, 2018: Number of Restricted Stock Shares Weighted Average Grant Price Fair Value Non-vested at December 31, 2017 85,000 $ 6.50 Granted - - Shares vested (28,333 ) 6.50 Shares forfeited - - Non-vested at March 31, 2018 56,667 $ 6.50 The following table summarizes restricted stock unit activity for the three months ended March 31, 2018: Number of Restricted Stock Units Weighted Average Grant Price Fair Value Non-vested at December 31, 2017 35,835 $ 6.45 Granted 147,500 4.70 Shares vested - - Shares forfeited - - Non-vested at March 31, 2018 183,335 $ 5.04

Commitments, Contingencies and

Commitments, Contingencies and Concentrations	3 Months Ended
	Mar. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments, Contingencies and Concentrations	13. Commitments, Contingencies and Concentrations Litigation The Company is involved, from time to time, in certain legal disputes in the ordinary course of business operations. No such disputes, individually or in the aggregate, are expected to have a material effect on the Company’s business or financial condition. Concentrations The Company’s top ten customers accounted for approximately 56% of total consolidated net revenues for the three months ended March 31, 2018. Trade accounts receivable from these customers represented approximately 37% of net consolidated receivables at March 31, 2018. While the Company believes its relationships with such customers are stable, most arrangements are made by purchase order and are terminable at will by either party. A significant decrease or interruption in business from the Company’s significant customers could have a material adverse effect on the Company’s business, financial condition and results of operations. The Company could also be adversely affected by such factors as changes in foreign currency rates and weak economic and political conditions in each of the countries in which the Company sells its products. Financial instruments that potentially expose the Company to a concentration of credit risk principally consist of accounts receivable. The Company sells product to a large number of customers in many different geographic regions. To minimize credit risk, the Company performs ongoing credit evaluations of its customers’ financial condition. Leases The Company and its subsidiaries lease plant and office facilities, furniture, autos and equipment under operating leases expiring through 2022. These leases generally contain renewal options and the Company expects to renew or replace certain of these leases in the ordinary course of business. The Company’s future minimum lease payments for leases at March 31, 2018 are as follows: Capital Leases Operating Leases (in thousands) Remainder 2018 $ 185 $ 1,342 2019 116 1,768 2020 - 1,543 2021 - 1,415 2022 - 1,081 Thereafter - - Total minimum lease payments $ 301 $ 7,149 Less: Amount representing interest (10 ) Present value of minimum lease payments 291 Less: Current maturities (226 ) Capital lease obligations, net of current portion $ 65

Business Segment Information

Business Segment Information	3 Months Ended
	Mar. 31, 2018
Segment Reporting [Abstract]
Business Segment Information	14. Business Segment Information As of March 31, 2018, the Company’s operations were conducted principally through two business segments: Cinema and Digital Media. The Cinema segment provides a full range of product and service solutions primarily for the theater exhibition industry, including a wide spectrum of premier audio-visual products and accessories such as digital projectors, state of the art projection screens, servers, library management systems, menu boards, flat panel displays, and sound systems, as well as network monitoring and on-site service for cinema equipment. The Digital Media segment develops and delivers solutions for out-of-home messaging, advertising and communication and provides managed services including monitoring of networked equipment. While there is digital signage equipment sold within this segment, the primary focus of this segment is providing solutions and services to our customers. Summary by Business Segments Three Months Ended March 31, (In thousands) 2018 2017 Net revenues Cinema $ 11,449 $ 12,689 Digital Media 4,717 5,345 Other 16 - Total segment net revenues 16,182 18,034 Eliminations (354 ) (108 ) Total net revenues 15,828 17,926 Gross profit (loss) Cinema 3,385 3,616 Digital Media (551 ) 823 Other 16 - Total gross profit 2,850 4,439 Operating income (loss) Cinema 2,325 2,679 Digital Media (2,496 ) (1,113 ) Other (113 ) (117 ) Total segment operating (loss) income (284 ) 1,449 Unallocated general and administrative expenses (2,800 ) (2,047 ) Loss from operations (3,084 ) (598 ) Other income 7 20 Loss before income taxes and equity method investment (loss) income $ (3,077 ) $ (578 ) (In thousands) March 31, 2018 December 31, 2017 Identifiable assets Cinema $ 24,845 $ 27,358 Digital Media 14,353 13,603 Corporate 17,833 18,053 Total $ 57,031 $ 59,014 Summary by Geographical Area Three Months Ended March 31, (In thousands) 2018 2017 Net revenue United States $ 12,830 $ 14,393 Canada 1,400 1,220 Mexico 556 356 China 541 1,466 Latin America 270 284 Europe 158 116 Asia (excluding China) 73 72 Other - 19 Total $ 15,828 $ 17,926 (In thousands) March 31, 2018 December 31, 2017 Identifiable assets United States $ 38,325 $ 37,230 Canada 18,706 21,784 Total $ 57,031 $ 59,014 Net revenues by business segment are to unaffiliated customers. Identifiable assets by geographical area are based on location of facilities. Net sales by geographical area are based on destination of sales.

Subsequent Event

Subsequent Event	3 Months Ended
	Mar. 31, 2018
Subsequent Events [Abstract]
Subsequent Event	15. Subsequent Event On April 27, 2018, the Company executed a definitive agreement for a sale-leaseback of its Alpharetta, Georgia office facility. The Company agreed to sell the Alpharetta facility for $7.0 million in cash and enter into a 10-year leaseback of the facility for rent in the amount of $600,000 per year, escalating at the rate of 2% per year. In addition, the Company agreed to issue 100,000 warrants to the buyer or its designee to purchase Company stock, consisting of 25,000 warrants at each of $10, $12, $14 and $16 purchase prices per share. The warrants will have a 10-year maturity. The closing of the transaction is expected to occur within 30 days after the completion of a 60-day due diligence period and satisfaction of customary contingencies. Upon closing of the sale-leaseback transaction, the Company’s term loan and revolving line of credit that are currently secured by the Alpharetta facility will be repaid and the related debt agreement would be terminated. The Company expects to receive net proceeds of approximately $4.0 million on the sale-leaseback after repayment of the loans.

Summary of Significant Accoun22

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2018
Accounting Policies [Abstract]
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of Consolidation The condensed consolidated financial statements include the accounts of the Company and all majority owned and controlled domestic and foreign subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. The condensed consolidated financial statements included in this report are presented in accordance with the requirements of Form 10-Q and consequently do not include all of the disclosures normally required by accounting principles generally accepted in the United States of America for annual reporting purposes or those made in the Company’s Annual Report on Form 10-K. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2017. The condensed consolidated balance sheet as of December 31, 2017 was derived from the Company’s audited consolidated balance sheet as of that date. All other condensed consolidated financial statements contained herein are unaudited and, in the opinion of management, reflect all adjustments of a normal recurring nature necessary to present a fair statement of the financial position and the results of operations and cash flows for the respective interim periods. The results for interim periods are not necessarily indicative of trends or results expected for a full year.
Use of Management Estimates	Use of Management Estimates The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results and changes in facts and circumstances may alter such estimates and affect results of operations and financial position in future periods.
Equity Method Investments	Equity Method Investments We apply the equity method of accounting to investments when we have significant influence, but not controlling interest in the investee. Judgment regarding the level of influence over each equity method investment includes considering key factors such as ownership interest, representation on the board of directors, participation in policy-making decisions and material intercompany transactions. The Company’s proportionate share of the net income (loss) resulting from these investments is reported under the line item captioned “equity method investment (loss) income” in our condensed consolidated statements of operations. The carrying value of our equity method investments is reported in equity method investments in the condensed consolidated balance sheets. The Company’s equity method investments are reported at cost and adjusted each period for the Company’s share of the investee’s income or loss and dividend paid, if any. The Company’s share of the investee’s income or loss is recorded on a one quarter lag for all equity method investments. The Company classifies distributions received from equity method investments using the cumulative earnings approach on the condensed consolidated statements of cash flows. The Company assesses investments for impairment whenever events or changes in circumstances indicate that the carrying value of an investment may not be recoverable. The Company did not record any impairments related to its investments during the three months ended March 31, 2018 or 2017. Note 6 contains additional information on our equity method investments, which are held by our Cinema segment.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Assets and liabilities measured at fair value are categorized into a fair value hierarchy based upon the observability of inputs to the valuation of an asset or liability as of the measurement date. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. The categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Financial assets and liabilities carried at fair value are classified and disclosed in one of the following three categories: ● Level 1 – inputs to the valuation techniques are quoted prices in active markets for identical assets or liabilities ● Level 2 – inputs to the valuation techniques are other than quoted prices but are observable for the assets or liabilities, either directly or indirectly ● Level 3 – inputs to the valuation techniques are unobservable for the assets or liabilities The following tables present the Company’s financial assets measured at fair value based upon the level within the fair value hierarchy in which the fair value measurements fall, as of March 31, 2018 and December 31, 2017. Fair values measured on a recurring basis at March 31, 2018 (in thousands): Level 1 Level 2 Level 3 Total Cash and cash equivalents $ 3,348 $ - $ - $ 3,348 Notes receivable - - 2,773 $ 2,773 Total $ 3,348 $ - $ 2,773 $ 6,121 Fair values measured on a recurring basis at December 31, 2017 (in thousands): Level 1 Level 2 Level 3 Total Cash and cash equivalents $ 4,870 $ - $ - $ 4,870 Notes receivable - - 2,815 $ 2,815 Total $ 4,870 $ - $ 2,815 $ 7,685 Quantitative information about the Company’s level 3 fair value measurements at March 31, 2018 is set forth below: Fair value at 3/31/18 (in thousands) Valuation technique Unobservable input Range Notes receivable $ 2,773 Discounted cash flow Default percentage 49 % Discount rate 18 % During 2011, the Company entered into certain unsecured notes receivable arrangements with CDF2 Holdings, LLC pertaining to the sale and installation of digital projection equipment. The notes receivable accrue interest at a rate of 15% per annum. Interest not paid in any particular year is added to the principal and also accrues interest at 15%. The notes receivable are recorded at estimated fair value. In order to estimate the fair value, the Company reviews the financial position and estimated cash flows of the debtor of the notes receivable. During the first quarter of 2018, the Company updated its estimated future cash flow assumptions. This resulted in a decrease to the fair value of the notes receivable of $42 thousand recorded in earnings during the quarter ended March 31, 2018. There was no adjustment to the estimated fair value of the notes receivable during the quarter ended March 31, 2017. The significant unobservable inputs used in the fair value measurement of the Company’s notes receivable are discount rate and percentage of default. Significant increases (decreases) in any of these inputs in isolation would result in a significantly lower (higher) fair value measurement. The Company’s short-term and long-term debt is recorded at historical cost. As of March 31, 2018, the Company’s long-term debt, including current maturities, had a carrying value of $1.95 million. Based on discounted cash flows using current quoted interest rates (Level 2 of the fair value hierarchy), the estimated fair value at March 31, 2018 was $1.90 million. The carrying values of all other financial assets and liabilities, including accounts receivable, accounts payable, accrued expenses and short-term debt, reported in the condensed consolidated balance sheets equal or approximate their fair values due to the short-term nature of these instruments. Note 6 includes fair value information related to our equity method investments. All non-financial assets that are not recognized or disclosed at fair value in the financial statements on a recurring basis, which include non-financial long-lived assets, are measured at fair value in certain circumstances (for example, when there is evidence of impairment). During the three months ended March 31, 2018 and 2017, the Company did not have any significant non-recurring measurements of non-financial assets or liabilities.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” “(ASC 606)”. The ASU replaced most existing revenue recognition guidance in U.S. GAAP. The Company adopted ASC 606 effective January 1, 2018 using the modified retrospective method. The Company recorded a transition adjustment of approximately $76 thousand increasing the opening balance of retained earnings, primarily related to the deferral and amortization of direct and incremental costs of obtaining contracts. See Note 4 for further information about the nature and pattern of revenue recognition for the different types of contracts with customers. In January 2016, the FASB issued ASU 2016-01, “Financial Instruments - Overall: Recognition and Measurement of Financial Assets and Financial Liabilities.” ASU 2016-01 requires equity investments that do not result in consolidation and are not accounted under the equity method to be measured at fair value with changes in fair value recognized in net income; simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment; requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments; requires separate presentation of financial assets and financial liabilities by measurement category and form of financial assets on the balance sheet or the accompanying notes to the financial statements; clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets; and modifies certain fair value disclosure requirements. The Company adopted ASU 2016-01 prospectively on January 1, 2018. The adoption of this ASU did not significantly impact the Company’s results of operations and financial position. In May 2017, the FASB issued ASU 2017-09, “Compensation – Stock Compensation (Topic 718): Scope of Modification Accounting.” The new guidance describes the types of changes to the terms or conditions of share-based payment awards to which an entity would be required to apply modification accounting. The Company adopted this ASU effective January 1, 2018. The adoption of this ASU did not significantly impact the Company’s results of operations and financial position.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842).” ASU 2016-02 requires lessees to recognize a lease liability and a right-to-use asset for all leases, including operating leases, with a term greater than twelve months, on its balance sheet. This ASU is effective in fiscal years beginning after December 15, 2018, with early adoption permitted, and requires a modified retrospective transition method. The Company is evaluating the requirements of ASU 2016-02 and its potential impact on the Company’s financial statements. The Company has leases primarily for property and equipment and is in the process of identifying and evaluating these leases for purposes of ASU 2016-02. For each of these leases, the term will be evaluated, including extension and renewal options as well as the lease payments. While the Company has not yet quantified the impact that the adoption of ASU 2016-02 will have on its consolidated financial statements, the Company expects to record assets and liabilities on its balance sheet upon adoption of this standard, which may be material. The Company will continue to provide enhanced disclosures as it continues its assessment. In June 2016, the FASB issued ASU 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” This ASU will require the measurement of all expected credit losses for financial assets, including trade receivables, held at the reporting date based on historical experience, current conditions and reasonable and supportable forecasts. The guidance is effective for annual reporting periods beginning after December 15, 2019 and interim periods within those fiscal years. The Company believes its adoption will not significantly impact the Company’s results of operations and financial position. In January 2017, the FASB issued ASU 2017-04, “Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment.” The new guidance eliminates Step 2 of the goodwill impairment testing which requires the fair value of individual assets and liabilities of a reporting unit to be determined when measuring goodwill impairment. The new guidance may result in different amounts of impairment that could be recognized compared to existing guidance. In addition, failing step 1 of the impairment test may not result in impairment under existing guidance. However, under the revised guidance, failing step 1 will always result in a goodwill impairment. ASU 2017-04 is to be applied prospectively for goodwill impairment testing performed in years beginning after December 15, 2019. The Company does not believe its adoption will significantly impact the Company’s results of operations or financial position.

Discontinued Operations (Tables

Discontinued Operations (Tables)	3 Months Ended
	Mar. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Financial Results of Discontinued Operations	The summary financial results of discontinued operations for the three months ended March 31, 2017 were as follows (in thousands): Total net revenues $ 12 Total cost of revenues 26 Total selling and administrative expenses 9 Loss from operations of discontinued operations (23 ) Loss before income taxes (23 ) Income tax expense - Net loss from discontinued operations, net of tax $ (23 )

Summary of Significant Accoun24

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2018
Accounting Policies [Abstract]
Schedule of Fair Value Measured Financial Assets and Liabilities	Fair values measured on a recurring basis at March 31, 2018 (in thousands): Level 1 Level 2 Level 3 Total Cash and cash equivalents $ 3,348 $ - $ - $ 3,348 Notes receivable - - 2,773 $ 2,773 Total $ 3,348 $ - $ 2,773 $ 6,121 Fair values measured on a recurring basis at December 31, 2017 (in thousands): Level 1 Level 2 Level 3 Total Cash and cash equivalents $ 4,870 $ - $ - $ 4,870 Notes receivable - - 2,815 $ 2,815 Total $ 4,870 $ - $ 2,815 $ 7,685
Summary of Quantitative Information About Company's Level 3 Fair Value Measurements	Quantitative information about the Company’s level 3 fair value measurements at March 31, 2018 is set forth below: Fair value at 3/31/18 (in thousands) Valuation technique Unobservable input Range Notes receivable $ 2,773 Discounted cash flow Default percentage 49 % Discount rate 18 %

Revenue (Tables)

Revenue (Tables)	3 Months Ended
	Mar. 31, 2018
Schedule of Changes in Contract Cost	The following table summarizes the changes in the Company’s contract asset balance during the three months ended March 31, 2018 (in thousands): Deferred contract acquisition costs as of January 1, 2018 $ 76 Costs capitalized 10 Amortization (14 ) Impairment - Deferred contract acquisition costs as of March 31, 2018 $ 72
Schedule of Impact the Adoption of ASC 606 on Consolidated Financial Statements	The following tables summarize the impact the adoption of ASC 606 had on the Company’s consolidated financial statements (in thousands, except per share data): Condensed Consolidated Balance Sheet: As reported March 31, 2018 Adjustments Balances without adoption of ASC 606 Total current assets $ 20,354 $ 146 $ 20,500 Total noncurrent assets 36,677 (14 ) 36,663 Total assets $ 57,031 $ 132 $ 57,163 Total current liabilities $ 10,702 $ 258 $ 10,960 Total noncurrent liabilities 6,171 - 6,171 Total liabilities 16,873 258 17,131 Retained earnings 21,861 (126 ) 21,735 Other stockholders’ equity 18,297 - 18,297 Total stockholders’ equity 40,158 (126 ) 40,032 Total liabilities and stockholders’ equity $ 57,031 $ 132 $ 57,163 Condensed Consolidated Statement of Operations: As reported for the three months ended March 31, 2018 Adjustments Balances without adoption of ASC 606 Total net revenues $ 15,828 $ (57 ) $ 15,771 Total cost of revenues 12,978 (2 ) 12,976 Gross profit 2,850 (55 ) 2,795 Total selling and administrative expenses 5,934 (5 ) 5,929 Loss from operations (3,084 ) (50 ) (3,134 ) Other income 7 - 7 Loss before income taxes and equity method investment loss (3,077 ) (50 ) (3,127 ) Income tax expense 698 - 698 Equity method investment loss (10 ) - (10 ) Net loss $ (3,785 ) $ (50 ) $ (3,835 ) Net loss per share of common stock: Basic $ (0.26 ) (0.00 ) $ (0.26 ) Diluted $ (0.26 ) (0.00 ) $ (0.26 )
Major Source [Member]
Schedule of Disaggregation of Revenue	The following table disaggregates the Company’s revenue by major source for the three months ended March 31, 2018: Cinema Digital Media Other Eliminations Total Screen system sales $ 4,005 $ - $ - $ - $ 4,005 Digital equipment sales 3,158 766 - (216 ) 3,708 Field maintenance and monitoring services 2,944 2,114 - (138 ) 4,920 Installation services 328 1,360 - - 1,688 Extended warranty sales 342 - - - 342 Other 672 477 16 - 1,165 Total $ 11,449 $ 4,717 $ 16 $ (354 ) $ 15,828
Timing Of Transfer [Member]
Schedule of Disaggregation of Revenue	The following table disaggregates the Company’s revenue by the timing of transfer of goods or services to the customer for the three months ended March 31, 2018 (in thousands): Cinema Digital Media Other Eliminations Total Point in time $ 9,598 $ 2,529 $ 16 $ (354 ) $ 11,789 Over time 1,851 2,188 - - 4,039 Total $ 11,449 $ 4,717 $ 16 $ (354 ) $ 15,828

(Loss) Earnings Per Common Sh26

(Loss) Earnings Per Common Share (Tables)	3 Months Ended
	Mar. 31, 2018
Earnings Per Share [Abstract]
Schedule of Reconciliation Between Basic and Diluted Earnings Per Share	The following table provides the reconciliation between average shares used to compute basic and diluted (loss) earnings per share: Three Months Ended March 31, 2018 2017 Weighted average shares outstanding (in thousands): Basic weighted average shares outstanding 14,341 14,264 Dilutive effect of stock options and certain non-vested shares of restricted stock - 156 Diluted weighted average shares outstanding 14,341 14,420

Equity Method Investments (Tabl

Equity Method Investments (Tables)	3 Months Ended
	Mar. 31, 2018
Equity Method Investments and Joint Ventures [Abstract]
Summary of Equity Method Investments	The following summarizes our equity method investments (dollars in thousands): March 31, 2018 December 31, 2017 Entity Carrying Amount Economic Interest Carrying Amount Economic Interest RELM Wireless Corporation $ 4,102 8.3 % $ 4,473 8.3 % Itasca Capital, Ltd. 5,814 32.3 % 5,870 32.3 % 1347 Property Insurance Holdings, Inc. 7,917 17.4 % 7,710 17.4 % Total $ 17,833 $ 18,053
Summary of Income (Loss) of Equity Method Investees	The following summarizes the (loss) income of equity method investees reflected in the Statement of Operations (in thousands): Three months ended March 31, Entity 2018 2017 RELM Wireless Corporation $ (354 ) $ 8 Itasca Capital, Ltd. 103 2,461 1347 Property Insurance Holdings, Inc. 241 12 Total $ (10 ) $ 2,481
Summarized Financial Information	For the three months ended December 31, 2017 2016 (in thousands) Revenue $ 20,576 $ 15,358 Operating loss from continuing operations $ (2,034 ) $ 2,590 Net income $ (2,557 ) $ 9,351

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets	Intangible assets consisted of the following at March 31, 2018 (dollars in thousands): Useful life Gross Accumulated Amortization Net (Years) Intangible assets not yet subject to amortization: Software in development $ 877 $ - $ 877 Intangible assets subject to amortization: Software in service 5 3,718 (768 ) 2,950 Product formulation 10 473 (353 ) 120 Total $ 5,068 $ (1,121 ) $ 3,947 Intangible assets consisted of the following at December 31, 2017 (dollars in thousands): Useful life Gross Accumulated Amortization Net (Years) Intangible assets not yet subject to amortization: Software in development $ 1,243 $ - $ 1,243 Intangible assets subject to amortization: Software in service 5 3,191 (597 ) 2,594 Product formulation 10 486 (351 ) 135 Total $ 4,920 $ (948 ) $ 3,972
Schedule of Intangible Assets Future Amortization Expense	The following table shows the Company’s estimated future amortization expense related to intangible assets currently subject to amortization for the next five years (in thousands): Amount Remainder 2018 $ 639 2019 840 2020 831 2021 670 2022 86 Thereafter 4 Total $ 3,070

Goodwill (Tables)

Goodwill (Tables)	3 Months Ended
	Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Changes in Carrying Amount of Goodwill	The following represents a summary of changes in the Company’s carrying amount of goodwill for the three months ended March 31, 2018 (in thousands): Balance as of December 31, 2017 $ 952 Foreign currency translation (26 ) Balance as of March 31, 2018 $ 926

Warranty Reserves (Tables)

Warranty Reserves (Tables)	3 Months Ended
	Mar. 31, 2018
Guarantees and Product Warranties [Abstract]
Schedule of Product Warranty Liability	The following table summarizes warranty activity for the three months ended March 31, 2018 and 2017 (in thousands): Three Months Ended March 31, 2018 2017 Warranty accrual at beginning of period $ 521 $ 645 Charged to expense 84 47 Claims paid, net of recoveries (30 ) (231 ) Foreign currency adjustment (11 ) 1 Warranty accrual at end of period $ 564 $ 462

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Schedule of Debt	The Company’s debt consists of the following (in thousands): March 31, 2018 December 31, 2017 Short-term debt: Revolving line of credit $ 500 $ 500 Current portion of long-term debt 65 65 Total short-term debt 565 565 Long-term debt: $2 million term loan 1,951 1,968 Less: current portion (65 ) (65 ) Less: unamortized debt issuance costs (31 ) (33 ) Total long-term debt 1,855 1,870 Total short-term and long-term debt $ 2,420 $ 2,435
Schedule of Long-term Debt Maturities	Scheduled repayments are as follows for the Company’s long-term debt outstanding as of March 31, 2018 (in thousands): Remainder of 2018 $ 48 2019 68 2020 70 2021 74 2022 1,691 Thereafter - Total $ 1,951

Stock Compensation (Tables)

Stock Compensation (Tables)	3 Months Ended
	Mar. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Weighted Average Assumptions for Fair Value of Stock Options Granted During the Period	The fair value of each stock option granted was estimated on the date of grant using a Black-Scholes valuation model with the following weighted average assumptions: 2018 2017 Expected dividend yield at date of grant 0.00 % 0.00 % Risk-free interest rate 2.49 % 2.04 % Expected stock price volatility 35.65 % 34.71 % Expected life of options (in years) 6.0 6.0
Summary of Stock Options Activities	The following table summarizes stock option activity for the three months ended March 31, 2018: Number of Options Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Term Aggregate Intrinsic Value (in thousands) Outstanding at December 31, 2017 930,300 $ 5.63 8.7 $ 150 Granted 387,500 4.70 Exercised - - Forfeited (32,000 ) 5.59 Expired (8,000 ) 5.41 Outstanding at March 31, 2018 1,277,800 $ 5.29 8.8 $ 64 Exercisable at March 31, 2018 269,300 $ 4.88 7.9 $ 31
Summary of Restricted Stock Activity	The following table summarizes restricted stock share activity for the three months ended March 31, 2018: Number of Restricted Stock Shares Weighted Average Grant Price Fair Value Non-vested at December 31, 2017 85,000 $ 6.50 Granted - - Shares vested (28,333 ) 6.50 Shares forfeited - - Non-vested at March 31, 2018 56,667 $ 6.50
Schedule of Nonvested Restricted Stock Units Activity	The following table summarizes restricted stock unit activity for the three months ended March 31, 2018: Number of Restricted Stock Units Weighted Average Grant Price Fair Value Non-vested at December 31, 2017 35,835 $ 6.45 Granted 147,500 4.70 Shares vested - - Shares forfeited - - Non-vested at March 31, 2018 183,335 $ 5.04

Commitments, Contingencies an33

Commitments, Contingencies and Concentrations (Tables)	3 Months Ended
	Mar. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Schedule of Capital and Operating Leases Future Minimum Lease Payments	The Company’s future minimum lease payments for leases at March 31, 2018 are as follows: Capital Leases Operating Leases (in thousands) Remainder 2018 $ 185 $ 1,342 2019 116 1,768 2020 - 1,543 2021 - 1,415 2022 - 1,081 Thereafter - - Total minimum lease payments $ 301 $ 7,149 Less: Amount representing interest (10 ) Present value of minimum lease payments 291 Less: Current maturities (226 ) Capital lease obligations, net of current portion $ 65

Business Segment Information (T

Business Segment Information (Tables)	3 Months Ended
	Mar. 31, 2018
Segment Reporting [Abstract]
Schedule of Segment Reporting Information by Segment	Summary by Business Segments Three Months Ended March 31, (In thousands) 2018 2017 Net revenues Cinema $ 11,449 $ 12,689 Digital Media 4,717 5,345 Other 16 - Total segment net revenues 16,182 18,034 Eliminations (354 ) (108 ) Total net revenues 15,828 17,926 Gross profit (loss) Cinema 3,385 3,616 Digital Media (551 ) 823 Other 16 - Total gross profit 2,850 4,439 Operating income (loss) Cinema 2,325 2,679 Digital Media (2,496 ) (1,113 ) Other (113 ) (117 ) Total segment operating (loss) income (284 ) 1,449 Unallocated general and administrative expenses (2,800 ) (2,047 ) Loss from operations (3,084 ) (598 ) Other income 7 20 Loss before income taxes and equity method investment (loss) income $ (3,077 ) $ (578 )
Reconciliation of Assets from Segment to Consolidated	(In thousands) March 31, 2018 December 31, 2017 Identifiable assets Cinema $ 24,845 $ 27,358 Digital Media 14,353 13,603 Corporate 17,833 18,053 Total $ 57,031 $ 59,014
Schedule of Segment Reporting Information by Geographic Area	Summary by Geographical Area Three Months Ended March 31, (In thousands) 2018 2017 Net revenue United States $ 12,830 $ 14,393 Canada 1,400 1,220 Mexico 556 356 China 541 1,466 Latin America 270 284 Europe 158 116 Asia (excluding China) 73 72 Other - 19 Total $ 15,828 $ 17,926
Summary of Identifiable Assets by Geographical Area	(In thousands) March 31, 2018 December 31, 2017 Identifiable assets United States $ 38,325 $ 37,230 Canada 18,706 21,784 Total $ 57,031 $ 59,014

Discontinued Operations (Detail

Discontinued Operations (Details Narrative) $ in Thousands	1 Months Ended
	May 31, 2017USD ($)
Strong Westrex, Inc. [Member]
Proceeds from sale of subsidiaries	$ 60

Discontinued Operations - Sched

Discontinued Operations - Schedule of Financial Results of Discontinued Operations (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)
Discontinued Operations and Disposal Groups [Abstract]
Total net revenues	$ 12
Total cost of revenues	26
Total selling and administrative expenses	9
Loss from operations of discontinued operations	(23)
Loss before income taxes	(23)
Income tax expense
Net loss from discontinued operations, net of tax	$ (23)

Summary of Significant Accoun37

Summary of Significant Accounting Policies (Details Narrative) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Fair value adjustment	$ (42)
Long-term debt	1,951		$ 1,968
Long-term debt fair value	1,900
Adjustment to Retained Earnings - Deferred Contract Acquisition Costs [Member]
Change in accounting principle effect of adoption quantification	$ 76
CDF2 Holdings, LLC [Member] | Unsecured Notes Receivable Arrangements [Member]
Percentage of notes receivable accrue interest rate	15.00%
Description of accrues interest rate	The notes receivable accrue interest at a rate of 15% per annum. Interest not paid in any particular year is added to the principal and also accrues interest at 15%.

Summary of Significant Accoun38

Summary of Significant Accounting Policies - Schedule of Fair Value Measured Financial Assets and Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Cash and cash equivalents	$ 3,348	$ 4,870
Notes receivable	2,773	2,815
Total	6,121	7,685
Level 1 [Member]
Cash and cash equivalents	3,348	4,870
Notes receivable
Total	3,348	4,870
Level 2 [Member]
Cash and cash equivalents
Notes receivable
Total
Level 3 [Member]
Cash and cash equivalents
Notes receivable	2,773	2,815
Total	$ 2,773	$ 2,815

Summary of Significant Accoun39

Summary of Significant Accounting Policies - Summary of Quantitative Information About Company's Level 3 Fair Value Measurements (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Accounting Policies [Abstract]
Note receivable	$ 2,773	$ 2,815
Valuation Technique	Discounted cash flow
Probability of default	49.00%
Discount rate	18.00%

Revenue (Details Narrative)

Revenue (Details Narrative) $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)
Contract liability (or deferred revenue)	$ 800
Revenue recognized	400
January 1, 2018 [Member]
Contract liability (or deferred revenue)	800
2018 [Member]
Unearned revenue reported in deferred revenue and customer deposits	$ 700
Field Maintenance and Monitoring Services [Member]
Contract duration or term with field maintenance	12 months
Adjustment to Retained Earnings - Deferred Contract Acquisition Costs [Member]
Change in accounting principle effect of adoption quantification	$ 76

Revenue - Schedule of Changes i

Revenue - Schedule of Changes in Contract Cost (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)
Revenue from Contract with Customer [Abstract]
Deferred contract acquisition costs, beginning balance	$ 76
Costs capitalized	10
Amortization	(14)
Impairment
Deferred contract acquisition costs, ending balance	$ 72

Revenue - Schedule of Impact th

Revenue - Schedule of Impact the Adoption of ASC 606 on Consolidated Financial Statements (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Total current assets	$ 20,354		$ 22,242
Total noncurrent assets	36,677
Total assets	57,031		59,014
Total current liabilities	10,702		8,680
Total noncurrent liabilities	6,171
Total liabilities	16,873		14,892
Retained earnings	21,861		25,570
Other stockholders’ equity	18,297
Total stockholders’ equity	40,158		44,122
Total liabilities and stockholders’ equity	57,031		$ 59,014
Total net revenues	15,828	$ 17,926
Total cost of revenues	12,978	13,487
Gross profit	2,850	4,439
Total selling and administrative expenses	5,934	5,037
Loss from operations	(3,084)	(598)
Other income	7	20
Loss before income taxes and equity method investment loss	(3,077)	(578)
Income tax expense	698	1,493
Equity method investment loss	(10)	2,481
Net loss	$ (3,785)	$ 387
Net loss per share of common stock: Basic	$ (0.26)	$ 0.03
Net loss per share of common stock: Diluted	$ (0.26)	$ 0.03
Balances without Adoption of ASC 606 [Member]
Total current assets	$ 20,500
Total noncurrent assets	36,663
Total assets	57,163
Total current liabilities	10,960
Total noncurrent liabilities	6,171
Total liabilities	17,131
Retained earnings	21,735
Other stockholders’ equity	18,297
Total stockholders’ equity	40,032
Total liabilities and stockholders’ equity	57,163
Total net revenues	15,771
Total cost of revenues	12,976
Gross profit	2,795
Total selling and administrative expenses	5,929
Loss from operations	(3,134)
Other income	7
Loss before income taxes and equity method investment loss	(3,127)
Income tax expense	698
Equity method investment loss	(10)
Net loss	$ (3,835)
Net loss per share of common stock: Basic	$ (0.26)
Net loss per share of common stock: Diluted	$ (0.26)
Difference Between Revenue Guidance in Effect Before and After Topic 606 [Member] | Adjustments for New Accounting Pronouncement [Member]
Total current assets	$ 146
Total noncurrent assets	(14)
Total assets	132
Total current liabilities	258
Total noncurrent liabilities
Total liabilities	258
Retained earnings	(126)
Other stockholders’ equity
Total stockholders’ equity	(126)
Total liabilities and stockholders’ equity	132
Total net revenues	(57)
Total cost of revenues	(2)
Gross profit	(55)
Total selling and administrative expenses	(5)
Loss from operations	(50)
Other income
Loss before income taxes and equity method investment loss	(50)
Income tax expense
Equity method investment loss
Net loss	$ (50)
Net loss per share of common stock: Basic	$ 0
Net loss per share of common stock: Diluted	$ 0

Revenue - Schedule of Revenue b

Revenue - Schedule of Revenue by Major Source (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Total net revenues	$ 15,828	$ 17,926
Screen System Sales [Member]
Total net revenues	4,005
Digital Equipment Sales [Member]
Total net revenues	3,708
Field Maintenance and Monitoring Services [Member]
Total net revenues	4,920
Installation Services [Member]
Total net revenues	1,688
Extended Warranty Sales [Member]
Total net revenues	342
Other [Member]
Total net revenues	1,165
Cinema [Member]
Total net revenues	11,449
Cinema [Member] | Screen System Sales [Member]
Total net revenues	4,005
Cinema [Member] | Digital Equipment Sales [Member]
Total net revenues	3,158
Cinema [Member] | Field Maintenance and Monitoring Services [Member]
Total net revenues	2,944
Cinema [Member] | Installation Services [Member]
Total net revenues	328
Cinema [Member] | Extended Warranty Sales [Member]
Total net revenues	342
Cinema [Member] | Other [Member]
Total net revenues	672
Digital Media [Member]
Total net revenues	4,717
Digital Media [Member] | Screen System Sales [Member]
Total net revenues
Digital Media [Member] | Digital Equipment Sales [Member]
Total net revenues	766
Digital Media [Member] | Field Maintenance and Monitoring Services [Member]
Total net revenues	2,114
Digital Media [Member] | Installation Services [Member]
Total net revenues	1,360
Digital Media [Member] | Extended Warranty Sales [Member]
Total net revenues
Digital Media [Member] | Other [Member]
Total net revenues	477
Other [Member]
Total net revenues	16
Other [Member] | Screen System Sales [Member]
Total net revenues
Other [Member] | Digital Equipment Sales [Member]
Total net revenues
Other [Member] | Field Maintenance and Monitoring Services [Member]
Total net revenues
Other [Member] | Installation Services [Member]
Total net revenues
Other [Member] | Extended Warranty Sales [Member]
Total net revenues
Eliminations [Member]
Total net revenues	(354)
Eliminations [Member] | Screen System Sales [Member]
Total net revenues
Eliminations [Member] | Digital Equipment Sales [Member]
Total net revenues	(216)
Eliminations [Member] | Field Maintenance and Monitoring Services [Member]
Total net revenues	(138)
Eliminations [Member] | Installation Services [Member]
Total net revenues
Eliminations [Member] | Extended Warranty Sales [Member]
Total net revenues
Eliminations [Member] | Other [Member]
Total net revenues

Revenue - Schedule of Revenue44

Revenue - Schedule of Revenue by Timing of Transfer of Goods or Services to Customer (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Total net revenues	$ 15,828	$ 17,926
Cinema [Member]
Total net revenues	11,449
Digital Media [Member]
Total net revenues	4,717
Other [Member]
Total net revenues	16
Eliminations [Member]
Total net revenues	(354)
Transferred at Point in Time [Member]
Total net revenues	11,789
Transferred over Time [Member]
Total net revenues	4,039
Cinema [Member] | Transferred at Point in Time [Member]
Total net revenues	9,598
Cinema [Member] | Transferred over Time [Member]
Total net revenues	1,851
Digital Media [Member] | Transferred at Point in Time [Member]
Total net revenues	2,529
Digital Media [Member] | Transferred over Time [Member]
Total net revenues	2,188
Other [Member] | Transferred at Point in Time [Member]
Total net revenues	16
Other [Member] | Transferred over Time [Member]
Total net revenues
Eliminations [Member] | Transferred at Point in Time [Member]
Total net revenues	(354)
Eliminations [Member] | Transferred over Time [Member]
Total net revenues

(Loss) Earnings Per Common Sh45

(Loss) Earnings Per Common Share (Details Narrative) - shares	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Stock Option In Which Exercise Price Exceeds The Average Market Price Of Common Shares [Member]
Anti dilutive securities excluded from computation of earnings per share	490,000	385,000
Common Stock Equivalents [Member]
Anti dilutive securities excluded from computation of earnings per share	129,525

(Loss) Earnings Per Common Sh46

(Loss) Earnings Per Common Share - Schedule of Reconciliation Between Basic and Diluted Earnings Per Share (Details) - shares	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Earnings Per Share [Abstract]
Basic weighted average shares outstanding	14,341,000	14,264,000
Dilutive effect of stock options and certain non-vested shares of restricted stock		156,000
Diluted weighted average shares outstanding	14,341,000	14,420,000

Equity Method Investments (Deta

Equity Method Investments (Details Narrative) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Retained earnings undistributed earnings from our equity method investees	$ 1,500
RELM Wireless Corp [Member]
Dividend received	23	$ 100
Quoted market value of the company's ownership	$ 4,500
Equity method ownership percentage	8.30%		8.30%
RELM Wireless Corp [Member] | Chief Executive Officer [Member] | Minimum [Member]
Combined equity ownership percentage	20.00%
Itasca Capital Ltd [Member]
Quoted market value of the company's ownership	$ 3,500
Equity method ownership percentage	32.30%		32.30%
1347 Property Insurance Holdings Inc [Member]
Quoted market value of the company's ownership	$ 7,400
Equity method ownership percentage	17.40%		17.40%
1347 Property Insurance Holdings Inc [Member] | Minimum [Member]
Combined equity ownership percentage	20.00%

Equity Method Investments - Sum

Equity Method Investments - Summary of Equity Method Investments (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Equity investment, Carrying Amount	$ 17,833	$ 18,053
RELM Wireless Corp [Member]
Equity investment, Carrying Amount	$ 4,102	$ 4,473
Equity investment, Economic Interest	8.30%	8.30%
Itasca Capital Ltd [Member]
Equity investment, Carrying Amount	$ 5,814	$ 5,870
Equity investment, Economic Interest	32.30%	32.30%
1347 Property Insurance Holdings Inc [Member]
Equity investment, Carrying Amount	$ 7,917	$ 7,710
Equity investment, Economic Interest	17.40%	17.40%

Equity Method Investments - S49

Equity Method Investments - Summary of Income (Loss) of Equity Method Investees (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Equity method investment income	$ (10)	$ 2,481
Equity Method Investments [Member]
Equity method investment income	(10)	2,481
RELM Wireless Corporation [Member] | Equity Method Investments [Member]
Equity method investment income	(354)	8
Itasca Capital Ltd [Member] | Equity Method Investments [Member]
Equity method investment income	103	2,461
1347 Property Insurance Holdings Inc [Member] | Equity Method Investments [Member]
Equity method investment income	$ 241	$ 12

Equity Method Investments - S50

Equity Method Investments - Summarized Financial Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Equity Method Investments and Joint Ventures [Abstract]
Revenue	$ 20,576	$ 15,358
Operating loss from continuing operations	(2,034)	2,590
Net income	$ (2,557)	$ 9,351

Intangible Assets (Details Narr

Intangible Assets (Details Narrative) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 200	$ 100

Intangible Assets - Schedule of

Intangible Assets - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Intangible assets, Gross	$ 5,068	$ 4,920
Intangible assets, Accumulated amortization	(1,121)	(948)
Intangible assets, Net	$ 3,947	$ 3,972
Software in Service [Member]
Intangible assets, Useful life	5 years	5 years
Intangible assets, Gross	$ 3,718	$ 3,191
Intangible assets, Accumulated amortization	(768)	(597)
Intangible assets, Net	$ 2,950	$ 2,594
Production Formulation [Member]
Intangible assets, Useful life	10 years	10 years
Intangible assets, Gross	$ 473	$ 486
Intangible assets, Accumulated amortization	(353)	(351)
Intangible assets, Net	120	135
Software in Development [Member]
Intangible assets, Gross	877	1,243
Intangible assets, Accumulated amortization
Intangible assets, Net	$ 877	$ 1,243

Intangible Assets - Schedule 53

Intangible Assets - Schedule of Intangible Assets Future Amortization Expense (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Total	$ 3,947	$ 3,972
Intangible Assets [Member]
Remainder 2,018	639
2,019	840
2,020	831
2,021	670
2,022	86
Thereafter	4
Total	$ 3,070

Goodwill - Summary of Changes i

Goodwill - Summary of Changes in Carrying Amount of Goodwill (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Balance	$ 952
Foreign currency translation	(26)
Balance	$ 926

Warranty Reserves - Schedule of

Warranty Reserves - Schedule of Product Warranty Liability (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Extended Product Warranty Disclosure [Abstract]
Warranty accrual at beginning of period	$ 521	$ 645
Charged to expense	84	47
Claims paid, net of recoveries	(30)	(231)
Foreign currency adjustment	(11)	1
Warranty accrual at end of period	$ 564	$ 462

Debt (Details Narrative)

Debt (Details Narrative) $ in Thousands, $ in Thousands	Sep. 05, 2017CAD ($)	Apr. 27, 2017USD ($)	Mar. 31, 2018USD ($)	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Secured loan			$ 2,000	$ 2,000	$ 2,000
Line of Credit [Member]
Debt maturity date		May 10, 2018
Line of credit maximum borrowing capacity		$ 1,000
Line of Credit [Member] | April 23, 2018 [Member]
Line of credit extended maturity date				May 10, 2019
Line of Credit [Member] | Prime Rate [Member]
Interest rate of installment loans		0.25%
Line of credit bearing interest rate				5.00%
Demand Credit Agreement [Member]
Description on effective equity	The credit agreement requires Strong/MDI to maintain a ratio of liabilities to “effective equity” (tangible stockholders’ equity, less amounts receivable from affiliates and equity method investments) not exceeding 2 to 1, a current ratio (excluding amounts due from related parties) of at least 1.5 to 1
Maximum liabilities to effective equity	200.00%
Minimum current ratio	150.00%
Demand Credit Agreement [Member] | Canadian Dollar [Member]
Minimum effective equity	$ 8,000
Demand Credit Agreement [Member] | Line of Credit [Member] | Canadian Dollar [Member]
Line of credit maximum borrowing capacity	$ 3,500
Term Loan [Member]
Secured loan		$ 2,000
Loan term		5 years
Debt bearing interest fixed rate		4.50%
Debt installment determination period		20 years
Debt balloon payment amount		$ 1,700
Debt maturity date		May 10, 2022
Term Loan [Member] | Debt Agreement [Member] | Line of Credit [Member]
Maximum allowed liabilities to tangible net worth, description		3:1
Minimum liquidity value		$ 2,000
20-year Installment Loan [Member] | April 24, 2018 [Member]
Loan term			20 years
20-year Installment Loan [Member] | April 24, 2018 [Member] | Canadian Dollar [Member]
Secured loan			$ 3,500	$ 3,500
20-year Installment Loan [Member] | Demand Credit Agreement [Member]
Loan term	20 years
20-year Installment Loan [Member] | Demand Credit Agreement [Member] | Canadian Dollar [Member]
Line of credit maximum borrowing capacity	$ 6,000
20-year Installment Loan [Member] | Demand Credit Agreement [Member] | Prime Rate [Member]
Interest rate of installment loans	0.50%
5-year Installment Loan [Member] | Demand Credit Agreement [Member]
Loan term	5 years
5-year Installment Loan [Member] | Demand Credit Agreement [Member] | Canadian Dollar [Member]
Line of credit maximum borrowing capacity	$ 500
5-year Installment Loan [Member] | Demand Credit Agreement [Member] | Prime Rate [Member]
Interest rate of installment loans	0.50%

Debt - Schedule of Debt (Detail

Debt - Schedule of Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Debt Disclosure [Abstract]
Revolving line of credit	$ 500	$ 500
Current portion of long-term debt	65	65
Total short-term debt	565	565
$2 million term loan	1,951	1,968
Less: current portion	(65)	(65)
Less: unamortized debt issuance costs	(31)	(33)
Total long-term debt	1,855	1,870
Total short-term and long-term debt	$ 2,420	$ 2,435

Debt - Schedule of Debt (Deta58

Debt - Schedule of Debt (Details) (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Debt Disclosure [Abstract]
Secured loan	$ 2,000	$ 2,000

Debt - Schedule of Long-term De

Debt - Schedule of Long-term Debt Maturities (Details) $ in Thousands	Mar. 31, 2018USD ($)
Debt Disclosure [Abstract]
Remainder of 2018	$ 48
2,019	68
2,020	70
2,021	74
2,022	1,691
Thereafter
Total	$ 1,951

Stock Compensation (Details Nar

Stock Compensation (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Number of shares granted	387,500
Restricted Stock [Member]
Compensation cost expected to be recognized, weighted average period	2 years 4 months 24 days
Unrecognized for restricted stock, value	$ 1,100
Stock Option [Member]
Number of shares granted	387,500	285,000
Share based compensation arrangement by share based payment award options grants in period weighted average grant date fair value	$ 1.82	$ 2.41
Share-based compensation arrangement by share-based payment award, options, non-vested, number	1,008,500
Total unrecognized compensation cost related to stock option awards	$ 1,900
Compensation cost expected to be recognized, weighted average period	4 years
Year 2017 Plan [Member]
Number of shares authorized for issuance	1,371,189
Share based compensation arrangement by share based payment award number of shares available for grant	758,354
Selling, General and Administrative Expenses [Member]
Share based compensation expense	$ 300	$ 100

Stock Compensation - Schedule o

Stock Compensation - Schedule of Weighted Average Assumptions for Fair Value of Stock Options Granted During the Period (Details)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Expected dividend yield at date of grant	0.00%	0.00%
Risk-free interest rate	2.49%	2.04%
Expected stock price volatility	35.65%	34.71%
Expected life of options (in years)	6 years	6 years

Stock Compensation - Summary of

Stock Compensation - Summary of Stock Options Activities (Details) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)$ / sharesshares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Number of Options, Outstanding beginning balance | shares	930,300
Number of Options, Granted | shares	387,500
Number of Options, Exercised | shares
Number of Options, Forfeited | shares	(32,000)
Number of Options, Expired | shares	(8,000)
Number of Options, Outstanding ending balance | shares	1,277,800
Number of Options, Exercisable | shares	269,300
Weighted Average Exercise Price Per Share, Outstanding beginning balance | $ / shares	$ 5.63
Weighted Average Exercise Price Per Share, Granted | $ / shares	4.70
Weighted Average Exercise Price Per Share, Exercised | $ / shares
Weighted Average Exercise Price Per Share, Forfeited | $ / shares	5.59
Weighted Average Exercise Price Per Share, Expired | $ / shares	5.41
Weighted Average Exercise Price Per Share, Outstanding ending balance | $ / shares	5.29
Weighted Average Exercise Price Per Share, Exercisable | $ / shares	$ 4.88
Weighted Average Remaining Contractual Term, beginning balance	8 years 8 months 12 days
Weighted Average Remaining Contractual Term, ending balance	8 years 9 months 18 days
Weighted Average Remaining Contractual Term, Exercisable	7 years 10 months 25 days
Aggregate Intrinsic Value, beginning balance | $	$ 150
Aggregate Intrinsic Value, ending balance | $	64
Aggregate Intrinsic Value, Exercisable | $	$ 31

Stock Compensation - Summary 63

Stock Compensation - Summary of Restricted Stock Activity (Details) - Restricted Stock Shares [Member]	3 Months Ended
	Mar. 31, 2018$ / sharesshares
Number of Restricted Stock, Non-vested beginning balance | shares	85,000
Number of Restricted Stock, Granted | shares
Number of Restricted Stock, vested | shares	(28,333)
Number of Restricted Stock, forfeited | shares
Number of Restricted Stock, Non-vested ending balance | shares	56,667
Weighted Average Grant Price Fair Value, Non-vested beginning balance | $ / shares	$ 6.50
Weighted Average Grant Price Fair Value, Granted | $ / shares
Weighted Average Grant Price Fair Value, Vested | $ / shares	6.50
Weighted Average Grant Price Fair Value, Forfeited | $ / shares
Weighted Average Grant Price Fair Value, Non-vested ending balance | $ / shares	$ 6.50

Stock Compensation - Schedule64

Stock Compensation - Schedule of Nonvested Restricted Stock Units Activity (Details) - Restricted Stock Units (RSUs) [Member]	3 Months Ended
	Mar. 31, 2018$ / sharesshares
Number of Restricted Stock Units, Non-vested beginning balance | shares	35,835
Number of Restricted Stock Units, Granted | shares	147,500
Number of Restricted Stock Units, vested | shares
Number of Restricted Stock Units, forfeited | shares
Number of Restricted Stock Units, Non-vested ending balance | shares	183,335
Weighted Average Grant Date Fair Value, Non-vested beginning balance | $ / shares	$ 6.45
Weighted Average Grant Date Fair Value, Granted | $ / shares	4.70
Weighted Average Grant Date Fair Value, Vested | $ / shares
Weighted Average Grant Date Fair Value, Forfeited | $ / shares
Weighted Average Grant Date Fair Value, Non-vested ending balance | $ / shares	$ 5.04

Commitments, Contingencies an65

Commitments, Contingencies and Concentrations (Details Narrative)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Operating lease expire, term	expiring through 2022
Sales Revenue, Net [Member] | Customer Concentration Risk [Member]
Concentration risk, percentage	56.00%
Accounts Receivable [Member] | Customer Concentration Risk [Member]
Concentration risk, percentage		37.00%

Commitments, Contingencies an66

Commitments, Contingencies and Concentrations - Schedule of Capital and Operating Leases Future Minimum Lease Payments (Details) $ in Thousands	Mar. 31, 2018USD ($)
Commitments and Contingencies Disclosure [Abstract]
Capital Leases, Remainder 2018	$ 185
Capital Leases, 2019	116
Capital Leases, 2020
Capital Leases, 2021
Capital Leases, 2022
Capital Leases, Thereafter
Total minimum Capital lease payments	301
Less: Amount representing interest	(10)
Present value of minimum lease payments	291
Less: Current maturities	(226)
Capital lease obligations, net of current portion	65
Operating Leases, Remainder 2018	1,342
Operating Leases, 2019	1,768
Operating Leases, 2020	1,543
Operating Leases, 2021	1,415
Operating Leases, 2022	1,081
Operating Leases, Thereafter
Total minimum Operating lease payments	$ 7,149

Business Segment Information (D

Business Segment Information (Details Narrative)	3 Months Ended
	Mar. 31, 2018Segments
Segment Reporting [Abstract]
Number of business segment	2

Business Segment Information -

Business Segment Information - Schedule of Segment Reporting Information by Segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Segment Reporting Information [Line Items]
Total segment net revenue	$ 15,828	$ 17,926
Total gross profit	2,850	4,439
Loss from operations	(3,084)	(598)
Other income	(10)	5
Loss before taxes and equity method investment (loss) income	(3,077)	(578)
Business Segments [Member]
Segment Reporting Information [Line Items]
Total segment net revenue	16,182	18,034
Eliminations	(354)	(108)
Total net revenue	15,828	17,926
Total gross profit	2,850	4,439
Total segment operating (loss) income	(284)	1,449
Unallocated general and administrative expenses	(2,800)	(2,047)
Loss from operations	(3,084)	(598)
Other income	7	20
Loss before taxes and equity method investment (loss) income	(3,077)	(578)
Business Segments [Member] | Cinema [Member]
Segment Reporting Information [Line Items]
Total segment net revenue	11,449	12,689
Total gross profit	3,385	3,616
Total segment operating (loss) income	2,325	2,679
Business Segments [Member] | Digital Media [Member]
Segment Reporting Information [Line Items]
Total segment net revenue	4,717	5,345
Total gross profit	(551)	823
Total segment operating (loss) income	(2,496)	(1,113)
Business Segments [Member] | Other [Member]
Segment Reporting Information [Line Items]
Total segment net revenue	16
Total gross profit	16
Total segment operating (loss) income	$ (113)	$ (117)

Business Segment Information 69

Business Segment Information - Reconciliation of Assets from Segment to Consolidated (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Identifiable assets	$ 57,031	$ 59,014
Cinema [Member] | Business Segments [Member]
Identifiable assets	24,845	27,358
Digital Media [Member] | Business Segments [Member]
Identifiable assets	14,353	13,603
Corporate Assets [Member] | Business Segments [Member]
Identifiable assets	$ 17,833	$ 18,053

Business Segment Information 70

Business Segment Information - Schedule of Segment Reporting Information by Geographic Area (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Net revenue	$ 15,828	$ 17,926
United States [Member]
Net revenue	12,830	14,393
Canada [Member]
Net revenue	1,400	1,220
Mexico [Member]
Net revenue	556	356
China [Member]
Net revenue	541	1,466
Latin America [Member]
Net revenue	270	284
Europe [Member]
Net revenue	158	116
Asia (Excluding China) [Member]
Net revenue	73	72
Other [Member]
Net revenue		$ 19

Business Segment Information 71

Business Segment Information - Summary of Identifiable Assets by Geographical Area (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Identifiable assets	$ 57,031	$ 59,014
United States [Member]
Identifiable assets	38,325	37,230
Canada [Member]
Identifiable assets	$ 18,706	$ 21,784

Subsequent Event (Details Narra

Subsequent Event (Details Narrative) - Subsequent Event [Member] $ in Thousands	Apr. 27, 2018USD ($)shares
Net proceeds from sale leaseback after repayment of debt	$ 4,000
Buyer [Member]
Number of warrants to purchase shares | shares	100,000
Definitive Agreement [Member] | Alpharetta Facility [Member]
Agreed to sale leaseback in cash	$ 7,000
Sale leaseback term	P10Y
Sale lease back rent expense	$ 600
Sale leaseback escalating rate	2.00%
Warrant maturity term	10 years
Demand Credit Agreement [Member]
Warrants description	25,000 warrants at each of $10, $12, $14 and $16 purchase prices per share.
Number of warrants to purchase shares | shares	25,000