FG (FGH) 10-K 12 Mar 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2018	Mar. 01, 2019	Jun. 29, 2018
Document And Entity Information
Entity Registrant Name	BALLANTYNE STRONG, INC.
Entity Central Index Key	0000946454
Document Type	10-K
Document Period End Date	Dec. 31, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business Flag	true
Entity Emerging Growth Company	false
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Public Float			$ 47,900,215
Entity Common Stock, Shares Outstanding		14,492,090
Trading Symbol	BTN
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2018

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 6,698	$ 4,870
Restricted cash	350
Accounts receivable (net of allowance for doubtful accounts of $1,832 and $1,877 respectively)	13,841	10,766
Inventories, net	3,490	4,821
Recoverable income taxes	281	495
Other current assets	1,663	1,290
Total current assets	26,323	22,242
Property, plant and equipment (net of accumulated depreciation of $9,561 and $8,780 respectively)	15,175	10,826
Equity method investments	11,167	18,053
Intangible assets, net	1,795	3,972
Goodwill	875	952
Notes receivable	3,965	2,815
Other assets	337	154
Total assets	59,637	59,014
Current liabilities:
Accounts payable	4,724	3,425
Accrued expenses	2,782	2,882
Short-term debt	3,152	500
Current portion of long-term debt	1,094	65
Current portion of capital lease obligations	160	189
Deferred revenue and customer deposits	2,310	1,619
Total current liabilities	14,222	8,680
Long-term debt, net of current portion and debt issuance costs	10,053	1,870
Capital lease obligations, net of current portion	427	113
Deferred revenue and customer deposits, net of current portion	1,167	1,207
Deferred income taxes	2,516	2,816
Other accrued expenses, net of current portion	254	206
Total liabilities	28,639	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 17,237 and 17,216 shares at December 31, 2018 and 2017, respectively; outstanding 14,443 and 14,422 shares at December 31, 2018 and 2017, respectively	169	169
Additional paid-in capital	41,474	40,565
Accumulated other comprehensive income (loss):
Foreign currency translation	(5,308)	(4,048)
Postretirement benefit obligations	125	99
Unrealized (loss) gain on available-for-sale securities of equity method investment	(195)	353
Retained earnings	13,319	25,570
Stockholder's equity before treasury stock	49,584	62,708
Less 2,794 of common shares in treasury, at cost	(18,586)	(18,586)
Total stockholders' equity	30,998	44,122
Total liabilities and stockholders' equity	$ 59,637	$ 59,014

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Accounts receivable, allowance for doubtful accounts	$ 1,832	$ 1,877
Property, plant and equipment, accumulated depreciation	$ 9,561	$ 8,780
Preferred stock par value	$ .01	$ .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	17,237,000	17,216,000
Common stock, shares outstanding	14,443,000	14,422,000
Common shares in treasury, shares	2,794,000	2,794,000

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Total net revenues	$ 64,689	$ 72,646
Total cost of revenues	52,510	53,712
Gross profit	12,179	18,934
Selling and administrative expenses:
Selling	4,806	5,417
Administrative	15,587	16,121
Total selling and administrative expenses	20,393	21,538
Loss on disposal of assets	(2,135)	(210)
Loss from operations	(10,349)	(2,814)
Other income (expense):
Interest income		9
Interest expense	(447)	(153)
Fair value adjustment to notes receivable	1,150	1,146
Foreign currency transaction gain (loss)	333	(304)
Other expense, net	(35)	(16)
Total other income	1,001	682
Loss before income taxes and equity method investment income	(9,348)	(2,132)
Income tax expense	2,427	3,418
Equity method investment (loss) income	(552)	1,958
Net loss from continuing operations	(12,327)	(3,592)
Net loss from discontinued operations, net of tax		(25)
Net loss	$ (12,327)	$ (3,617)
Net loss earnings per share - basic
Net loss from continuing operations	$ (0.86)	$ (0.25)
Net loss from discontinued operations		0
Net loss	(0.86)	(0.25)
Net loss per share - diluted
Net loss from continuing operations	(0.86)	(0.25)
Net loss from discontinued operations		0
Net loss	$ (0.86)	$ (0.25)
Product [Member]
Total net revenues	$ 34,378	$ 47,544
Total cost of revenues	29,116	35,446
Service [Member]
Total net revenues	30,311	25,102
Total cost of revenues	$ 23,394	$ 18,266

Consolidated Statements of Comp

Consolidated Statements of Comprehensive (Loss) Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Statement of Comprehensive Income [Abstract]
Net loss	$ (12,327)	$ (3,617)
Adjustment to postretirement benefit obligation
Prior service credit	(24)	(24)
Net actuarial gain	50	26
Total adjustment to postretirement benefit obligation	26	2
Unrealized (loss) gain on available-for-sale securities of equity method investments, net of tax	(226)	217
Reclassification adjustment for sale of equity method investment	(322)
Currency translation adjustment:
Unrealized net change arising during period	(1,260)	1,661
Total other comprehensive (loss) income	(1,782)	1,880
Comprehensive loss	$ (14,109)	$ (1,737)

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
Balance at Dec. 31, 2016	$ 169	$ 39,758	$ 29,187	$ (18,484)	$ (5,476)	$ 45,154
Net loss			(3,617)			(3,617)
Net other comprehensive loss					1,880	1,880
Treasury share purchase of 15 shares				(102)		(102)
Stock-based compensation expense		736				736
Proceeds from exercise of stock options		71				71
Balance at Dec. 31, 2017	169	40,565	25,570	(18,586)	(3,596)	44,122
Net loss			(12,327)			(12,327)
Net other comprehensive loss					(1,782)	(1,782)
Stock-based compensation expense		837				837
Cumulative effect of adoption of ASC 606			76			76
Issuance of warrants to purchase 100 shares of common stock, net of issuance costs		72				72
Balance at Dec. 31, 2018	$ 169	$ 41,474	$ 13,319	$ (18,586)	$ (5,378)	$ 30,998

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parenthetical) - shares	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2018
Statement of Stockholders' Equity [Abstract]
Number of treasury shares purchased	15,000
Number of Warrants share purchased		100,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Cash flows from operating activities:
Net loss	$ (12,327)	$ (3,617)
Net loss from discontinued operations, net of tax		(25)
Net loss from continuing operations	(12,327)	(3,592)
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities:
Provision for doubtful accounts	188	822
Provision for obsolete inventory	170	347
Provision for warranty	208	295
Depreciation and amortization	2,712	2,140
Impairment of intangible assets		41
Fair value adjustment to notes receivable	(1,150)	(1,146)
Equity method investment loss (income)	552	(1,958)
Recognition of contract acquisition costs	29
Impairment of contract acquisition costs	59
Loss on disposal of assets	2,135	210
Deferred income taxes	(250)	1,062
Stock-based compensation expense	837	736
Dividends received from investee	813
Impairment of operating lease	209
Changes in operating assets and liabilities:
Accounts receivable	(3,540)	4,887
Inventories	1,020	1,508
Other current assets	(445)	300
Accounts payable	1,399	(1,687)
Accrued expenses	(391)	(1,371)
Deferred revenue and customer deposits	682	(2,630)
Current income taxes	192	96
Other assets	(327)	(50)
Net cash flows (used in) provided by operating activities - continuing operations	(7,225)	10
Net cash flows used in operating activities - discontinued operations		(123)
Net cash used in operating activities	(7,225)	(113)
Cash flows from investing activities:
Proceeds from sale of equity securities	4,531
Dividends received from investee in excess of cumulative earnings	69	253
Capital expenditures	(1,984)	(3,275)
Purchase of equity securities		(2,525)
Net cash flows provided by (used in) investing activities - continuing operations	2,616	(5,547)
Net cash flows provided by investing activities - discontinued operations		134
Net cash provided by (used in) investing activities	2,616	(5,413)
Cash flows from financing activities:
Proceeds from sale-leaseback financing	7,000
Proceeds from issuance of long-term debt		2,000
Proceeds from issuance of short-term debt	3,963	500
Principal payments on short-term debt	(1,154)
Principal payments on long-term debt	(2,476)	(33)
Payment of debt issuance costs	(22)	(49)
Payment of costs attributable to issuance of equity contract	(8)
Purchase of treasury stock		(102)
Proceeds from exercise of stock options		71
Payments on capital lease obligations	(230)	(240)
Net cash provided by financing activities	7,073	2,147
Effect of exchange rate changes on cash and cash equivalents - continuing operations	(286)	478
Net increase (decrease) in cash and cash equivalents and restricted cash	2,178	(2,901)
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
Cash and cash equivalents and restricted cash at beginning of period	4,870	7,596
Cash and cash equivalents and restricted cash at end of period	7,048	4,870
Components of cash and cash equivalents and restricted cash:
Cash and cash equivalents	6,698	4,870
Restricted cash	350
Total cash and cash equivalents and restricted cash	7,048	4,870
Supplemental disclosure of cash paid for:
Interest	401	152
Income taxes	2,620	2,830
Supplemental disclosure of non-cash investing and financing activities:
Term loan borrowings to finance equipment purchases	4,761
Capital lease obligations for property and equipment	$ 515

Basis of Presentation

Basis of Presentation	12 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	1. Basis of Presentation Business Description 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. Principles of Consolidation The 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. 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.

Discontinued Operations

Discontinued Operations	12 Months Ended
	Dec. 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 were as follows (in thousands): Year ended December 31, 2017 Total net revenues $ 24 Total cost of revenues 48 Total selling and administrative expenses 53 Loss from operations of discontinued operations (77 ) Loss before income taxes (25 ) Income tax expense (benefit) - Net loss from discontinued operations, net of tax $ (25 ) There was no depreciation and amortization related to discontinued operations recorded for the year ended December 31, 2017. There were no capital expenditures related to discontinued operations during the year ended December 31, 2017.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	3. Summary of Significant Accounting Policies Revenue Recognition On January 1, 2018, the Company adopted Financial Accounting Standards Board (“FASB”) Topic 606, “Revenue from Contracts with Customers,” (“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; and ● 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 is used when observable prices are 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 receives payments from 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 year ended December 31, 2018 (in thousands): Deferred contract acquisition costs as of January 1, 2018 $ 76 Costs capitalized 12 Amortization (29 ) Impairment (59 ) Deferred contract acquisition costs as of December 31, 2018 $ - During the year ended December 31, 2018, the Company recorded an impairment charge of $59 thousand for the remaining deferred contract acquisition costs, as they are no longer considered recoverable based on the customer’s recent credit history. The following table summarizes the impact the adoption of ASC 606 had on the Company’s consolidated financial statements (in thousands, except per share data): Condensed Consolidated Statements of Operations: As reported for the 12 months ended December 31, 2018 Adjustments Balances without adoption of ASC 606 Total net revenues $ 64,689 $ 271 $ 64,960 Total cost of revenues 52,510 271 52,781 Gross profit 12,179 - 12,179 Total selling and administrative expenses 20,393 (78 ) 20,315 Loss on disposal of assets (2,135 ) - (2,135 ) Loss from operations (10,349 ) 78 (10,271 ) Other income 1,001 - 1,001 Loss before income taxes and equity method investment loss (9,348 ) 78 (9,270 ) Income tax expense 2,427 - 2,427 Equity method investment loss (552 ) - (552 ) Net loss $ (12,327 ) $ 78 $ (12,249 ) Net loss per share of common stock: Basic $ (0.86 ) 0.01 $ (0.85 ) Diluted $ (0.86 ) 0.01 $ (0.85 ) The adoption of ASC 606 did not have any net impact on the Company’s consolidated balance sheet as of December 31, 2018, or other comprehensive loss or cash flows for the year then ended. The following table disaggregates the Company’s revenue by major source for the year ended December, 2018 (in thousands): Strong Cinema Convergent Strong Outdoor Other Eliminations Total Screen system sales $ 17,445 $ - $ - $ - $ - $ 17,445 Digital equipment sales 9,956 4,110 - - (279 ) 13,787 Field maintenance and monitoring services 11,541 8,726 - - (486 ) 19,781 Installation services 2,055 4,356 - - - 6,411 Extended warranty sales 1,041 - - - - 1,041 Advertising - - 3,632 - - 3,632 Other 2,323 18 - 308 (57 ) 2,592 Total $ 44,361 $ 17,210 $ 3,632 $ 308 $ (822 ) $ 64,689 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 Strong Cinema and Convergent customers. In the Strong Cinema segment, these contracts are generally 12 months in length, while the term for service contracts in the Convergent 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 Strong Cinema and Convergent 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 Strong Cinema and Convergent customers and recognizes revenue upon completion of the installations. Extended warranty sales The Company sells extended warranties to its Strong 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. Advertising Strong Outdoor sells advertising space on top of taxicabs. Advertising revenue is recognized ratably over the contracted advertising periods. 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 year ended December 31, 2018, all of this balance was earned and recognized as revenue. At December 31, 2018, the unearned revenue amount was $1.0 million. The Company expects to recognize $0.9 million of unearned revenue amounts in 2019 and immaterial amounts each year from 2020-2022. The following table disaggregates the Company’s revenue by the timing of transfer of goods or services to the customer for the year ended December 31, 2018 (in thousands): Strong Cinema Convergent Strong Outdoor Other Eliminations Total Point in time $ 37,456 9,565 31 $ 48 $ (822 ) $ 46,278 Over time 6,905 7,645 3,601 260 - 18,411 Total $ 44,361 $ 17,210 $ 3,632 $ 308 $ (822 ) $ 64,689 Cash and Cash Equivalents All short-term, highly liquid financial instruments are classified as cash equivalents in the consolidated balance sheets and statements of cash flows. Generally, these instruments have maturities of three months or less from date of purchase. As of December 31, 2018, $2.4 million of the $6.7 million in cash and cash equivalents was held by our foreign subsidiary. Restricted Cash Restricted cash represents amounts held in a collateral account for the Company’s corporate travel and purchasing credit card program. 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 Consolidated Statements of Operations. The carrying value of our equity method investments is reported in equity method investments in the 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 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 recorded other-than-temporary impairment charges totaling $0.7 million related to its equity method investments during the year ended December 31, 2018 and did not record any such impairment charges during the year ended December 31, 2017. Note 6 contains additional information on our equity method investments. Accounts and Notes Receivable Trade accounts receivable are recorded at the invoiced amount and do not bear interest. The Company determines the allowance for doubtful accounts based on several factors, including overall customer credit quality, historical write-off experience and a specific analysis that projects the ultimate collectability of the account. As such, these factors may change over time causing the allowance level and bad debt expense to be adjusted accordingly. The Company elected the fair value option on its notes receivable. Notes receivable are recorded at estimated fair value and accrue interest at 15%. Past due accounts are written off for accounts and notes receivable when our efforts have been unsuccessful in collecting amounts due. Inventories Inventories are stated at the lower of cost (first-in, first-out) or net realizable value. Inventories include appropriate elements of material, labor and manufacturing overhead. Inventory balances are net of reserves on slow moving or obsolete inventory based on management’s review of inventories on hand compared to estimated future usage and sales, technological changes and product pricing. Business Combinations The Company uses the acquisition method of accounting for acquired businesses. Under the acquisition method, the financial statements reflect the operations of an acquired business starting from the completion of the acquisition. The assets acquired and liabilities assumed are recorded at their respective estimated fair values at the date of the acquisition. Any excess of the purchase price over the estimated fair values of the identifiable net assets acquired is recorded as goodwill. Significant judgment is often required in estimating the fair value of assets acquired, particularly intangible assets. As a result, in the case of significant acquisitions, the Company normally obtains the assistance of third-party valuation specialists in estimating fair values of tangible and intangible assets. The fair value estimates are based on available historical information and on expectations and assumptions about the future, considering the perspective of marketplace participants. While management believes those expectations and assumptions are reasonable, they are inherently uncertain. Unanticipated market or macroeconomic events and circumstances may occur, which could affect the accuracy or validity of the estimates and assumptions. Intangible Assets The Company evaluates its intangible assets for impairment when there is evidence that events or circumstances indicate that the carrying amount of these assets may not be recoverable. Intangible assets with definite lives are amortized over their respective estimated useful lives to their estimated residual values. Significant judgments and assumptions are required in the impairment evaluations. Goodwill Goodwill is not amortized and is tested for impairment at least annually, or whenever events or changes in circumstances indicate the carrying amount of the asset may be impaired. The annual impairment test is performed as of December 31 each year. Significant judgment is involved in determining if an indicator of impairment has occurred. The Company may consider indicators such as deterioration in general economic conditions, adverse changes in the markets in which the reporting unit operates, increases in input costs that have negative effects on earnings and cash flows, or a trend of negative or declining cash flows over multiple periods, among others. The fair value that could be realized in an actual transaction may differ from that used to evaluate the impairment of goodwill. The Company may first review for goodwill impairment by assessing qualitative factors to determine whether any impairment may exist. If the Company believes, as a result of the qualitative assessment, that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, a quantitative two-step test is required; otherwise, no further testing is required. However, the Company also may elect not to perform the qualitative assessment and, instead, proceed directly to the quantitative impairment test. Under the first step of the quantitative test, the fair value of each reporting unit is compared with its carrying value (including goodwill). If the fair value of the reporting unit exceeds its carrying value, step two is not performed. If the fair value of the reporting unit is less than its carrying value, an indication of goodwill impairment exists for the reporting unit and step two of the quantitative impairment test (measurement) is performed. Under step two, an impairment loss is recognized for any excess of the carrying amount of the reporting unit’s goodwill over the fair value of that goodwill. The fair value of goodwill is determined by allocating the fair value of the reporting unit in a manner similar to a purchase price allocation and the residual fair value after this allocation is the fair value of the reporting unit goodwill. Goodwill was recorded in connection with the acquisition of Peintures Elite, Inc. in 2013. A qualitative assessment was performed for the year ended December 31, 2018 and it was determined that no events had occurred since the acquisition that would indicate an impairment was more likely than not. Property, Plant and Equipment Significant expenditures for the replacement or expansion of property, plant and equipment are capitalized. Depreciation of property, plant and equipment is provided over the estimated useful lives of the respective assets using the straight-line method. For financial reporting purposes, assets are depreciated over the estimated useful lives of 20 years for buildings and improvements, the lesser of the lease term or the estimated useful life for leasehold improvements, 3 to 10 years for machinery and equipment, 7 years for furniture and fixtures and 3 years for computers and accessories. The Company generally uses accelerated methods of depreciation for income tax purposes. The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The recoverability of property, plant and equipment is based on management’s estimates of future undiscounted cash flows and these estimates may vary due to a number of factors, some of which may be outside of management’s control. To the extent that the Company is unable to achieve management’s forecasts of future income, it may become necessary to record impairment losses for any excess of the net book value of property, plant and equipment over their fair value. The Company incurs maintenance costs on all of its major equipment. Repair and maintenance costs are expensed as incurred. Income Taxes Income taxes are accounted for under the asset and liability method. The Company uses an estimate of its annual effective rate at each interim period based on the facts and circumstances at the time while the actual effective rate is calculated at year-end. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. In assessing whether the deferred tax assets are realizable, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The Company’s uncertain tax positions are evaluated in a two-step process, whereby 1) the Company determines whether it is more likely than not that the tax positions will be sustained based on the technical merits of the position and 2) for those tax positions that meet the more likely than not recognition threshold, the Company would recognize the largest amount of tax benefit that is greater than fifty percent likely to be realized upon ultimate settlement with the related tax authority. The Company accrues interest and penalties related to uncertain tax positions in the Consolidated Statements of Operations as income tax expense. Other Taxes Sales taxes assessed by governmental authorities, including sales, use and excise taxes, are recorded on a net basis. Such taxes are excluded from revenues and are shown as a liability on the balance sheet until remitted to the appropriate taxing authorities. Research and Development Research and development related costs are charged to operations in the period incurred. Such costs amounted to $0.1 million for each of the years ended December 31, 2018 and 2017. Advertising Costs Advertising and promotional costs are expensed as incurred and amounted to approximately $0.3 million and $0.6 million for the years ended December 31, 2018 and 2017, respectively. Fair Value of Financial and Derivative 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 and liabilities measured at fair value based upon the level within the fair value hierarchy in which the fair value measurements fall, as of December 31, 2018 and 2017. Fair values measured on a recurring basis at December 31, 2018 (in thousands): Level 1 Level 2 Level 3 Total Cash and cash equivalents $ 6,698 $ - $ - $ 6,698 Restricted cash 350 - - 350 Notes receivable - - 3,965 3,965 Total $ 7,048 $ - $ 3,965 $ 11,013 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 December 31, 2018 is set forth below (dollars in thousands): Fair value at 12/31/18 Valuation technique Unobservable input Value Notes receivable $ 3,965 Discounted cash flow Default percentage 35 % 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. The Company recorded increases to the fair value of the notes receivable of approximately $1.2 million and $1.1 million in other income in the consolidated statements of operations during the years ended December 31, 2018 and 2017, respectively. The significant unobservable inputs used in the fair value measurement of the Company’s note receivable are the 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 following table reconciles the beginning and ending balance of the Company’s notes receivable at fair value (in thousands): 2018 2017 Notes receivable balance, beginning of period $ 2,815 $ 1,669 Fair value adjustment 1,150 1,146 Notes receivable balance, end of period $ 3,965 $ 2,815 The Company’s short-term and long-term debt is recorded at historical cost. As of December 31, 2018, the Company’s long-term debt, including current maturities, had a carrying value of $11.1 million. Based on discounted cash flows using current quoted interest rates (Level 2 of the fair value hierarchy), the estimated fair value at December 31, 2018 was $10.8 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 consolidated balance sheets equal or approximate their fair values due to the short-term nature of these instruments. Based on quoted market prices, the market value of the Company’s equity method investments was $5.5 million at December 31, 2018 (see Note 6). 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 2018, the Company recorded other-than-temporary impairment charges totaling $0.7 million related to its equity method investments. During 2018 and 2017, the Company recorded impairment charges of $2.1 million and $0.2 million, respectively, in loss on sale or disposal of assets on the consolidated statements of operations related to groups of long-lived assets after the Company determined the carrying amount of the assets was not recoverable, and adjusted the carrying amount of the related assets to $0. Loss Per Common Share Basic loss per share has been computed on the basis of the weighted average number of shares of common stock outstanding. Diluted earnings per share would be 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. However, because the Company reported losses in both years presented, there were no differences between average shares used to compute basic and diluted loss per share for either of the years ended December 31, 2018 and 2017. Options to purchase 645,000 and 510,000 shares of common stock were outstanding as of December 31, 2018 and 2017, respectively, 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 the respective periods. An additional 80,855 and 141,166 common stock equivalents related to options and restricted stock units were excluded for the years ended December 31, 2018 and 2017, respectively, as their inclusion would be anti-dilutive, thereby decreasing the net losses per share. Stock Compensation Plans The Company recognizes compensation expense for all stock-based payment awards made to employees and directors based on estimated fair values on the date of grant. The Company uses the straight-line amortization method over the vesting period of the awards. The Company has historically issued shares upon exercise of stock options or vesting of restricted stock from new stock issuances. 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. The fair value of stock options granted is calculated using the Black-Scholes option pricing model. No stock-based compensation cost was capitalized as a part of inventory in 2018 and 2017. Post-Retirement Benefits The Company recognizes the overfunded or underfunded position of a defined benefit postretirement plan as an asset or liability in the balance sheet, measures the plan’s assets and its obligations that determine its funded status as of each balance sheet date and recognizes the changes in the funded status through comprehensive income (loss) in the year in which the changes occur. Foreign Currency Translation For the Company’s foreign subsidiary, the environment in which the business conducts operations is considered the functional currency, generally the local currency. The assets and liabilities of the foreign subsidiary are translated into the United States dollar at the foreign exchange rates in effect at the end of the period. Revenue and expenses of the Company’s foreign subsidiary are translated using an average of the foreign exchange rates in effect during the period. Translation adjustments are not included in determining net earnings but are presented in comprehensive loss within the consolidated statements of comprehensive loss. Transaction gains and losses that arise from foreign exchange rate fluctuations on transactions denominated in a currency other than the functional currency are included in the consolidated statement of operations as incurred. If the Company disposes of its investment in a foreign entity, any gain or loss on currency translation balance recorded in accumulated other comprehensive income is recognized as part of the gain or loss on disposition. Warranty Reserves In most instances, digital products are covered by the manufacturing firm’s 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 two years ended December 31 (in thousands): 2018 2017 Warranty accrual at beginning of period $ 521 $ 645 Charged to expense 208 309 Claims paid, net of recoveries (349 ) (462 ) Foreign currency adjustment (30 ) 29 Warranty accrual at end of period $ 350 $ 521 Contingencies The Company accrues for contingencies when its assessments indicate that it is probable that a liability has been incurred and an amount can be reasonably estimated. The Company’s estimates are based on currently available facts and its estimates of the ultimate outcome or resolution. Actual results may differ from the Company’s estimates resulting in an impact, positive or negative, on earnings. Recently Adopted Accounting Pronouncements 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 wit

Inventories

Inventories	12 Months Ended
	Dec. 31, 2018
Inventory Disclosure [Abstract]
Inventories	4. Inventories Inventories consist of the following (in thousands): December 31, 2018 December 31, 2017 Raw materials and components $ 1,422 $ 1,376 Work in process - 362 Finished goods 2,068 3,083 $ 3,490 $ 4,821 The inventory balances are net of reserves of approximately $1.4 million and $1.8 million as of December 31, 2018 and 2017, respectively.

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	5. Property, Plant and Equipment Property, plant and equipment include the following (in thousands): December 31, 2018 December 31, 2017 Land $ 1,597 $ 1,601 Buildings and improvements 9,231 9,277 Digital signage equipment 5,252 305 Machinery and other equipment 5,147 4,709 Office furniture and fixtures 3,509 3,714 Total properties, cost 24,736 19,606 Less: accumulated depreciation (9,561 ) (8,780 ) Net property, plant and equipment $ 15,175 $ 10,826 Depreciation expense approximated $1.9 million and $1.6 million for the years ended December 31, 2018 and 2017, respectively.

Equity Method Investments

Equity Method Investments	12 Months Ended
	Dec. 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): December 31, 2018 December 31, 2017 Entity Carrying Amount Economic Interest Carrying Amount Economic Interest 1347 Property Insurance Holdings, Inc. $ 7,738 17.3 % $ 7,710 17.4 % Itasca Capital, Ltd. 3,429 32.3 % 5,870 32.3 % BK Technologies, Inc. - 0.0 % 4,473 8.3 % Total $ 11,167 $ 18,053 The following summarizes the (loss) income of equity method investees reflected in the Consolidated Statement of Operations (in thousands): Year Ended December 31, 2018 2017 Entity 1347 Property Insurance Holdings, Inc. $ 237 $ (177 ) Itasca Capital, Ltd. (1,232 ) 2,073 BK Technologies, Inc. 443 62 Total $ (552 ) $ 1,958 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 chairman 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 in 2018 or 2017. Based on quoted market prices, the market value of the Company’s ownership in PIH was $4.2 million at December 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 chairman 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 received a dividend of $0.8 million from Itasca during 2018 and did not receive any dividends from Itasca during 2017. Based on quoted market prices, the market value of the Company’s ownership in Itasca was $1.3 million at December 31, 2018. A $0.7 million other-than-temporary impairment charge for Itasca is included in equity method investment loss on the consolidated statement of operations for the year ended December 31, 2018. BK Technologies, Inc. (formerly known as RELM Wireless Corporation) (“BKTI”) is a publicly traded company that designs, manufactures and markets two-way land mobile radios, repeaters, base stations and related components and subsystems. Due to the Company’s significant influence, but not controlling interest, in BKTI, the Company’s investment in BKTI was accounted for using the equity method. On September 9, 2018, the Company entered into an agreement with Fundamental Global Investors, LLC (“FGI”), a related party, where the Company sold 1,147,087 shares of common stock of BKTI to FGI for a price of $3.95 per share and total proceeds of approximately $4.5 million. The per share transaction price of $3.95 represented the immediately preceding closing price on the NYSE American stock exchange, and the transaction was approved by the Company’s Audit Committee, comprised of only independent directors. The Company recorded a gain on the sale of the equity method investment of $0.8 million within equity method investment income on the consolidated statement of operations for the year ended December 31, 2018. Prior to the sale of the BKTI common stock, the Company received dividends of $0.1 million and $0.3 million during the years ended December 31, 2018 and 2017, respectively. As of December 31, 2018, the Company’s retained earnings included undistributed earnings from equity method investees of $0.3 million. The summarized financial information presented below reflects the aggregated financial information of all significant equity method investees as of and for the twelve months ended September 30 of each year or portion of those twelve months the Company owned its investment, consistent with the Company’s recognition of the results of its equity method investments on a one quarter lag. The summarized financial information is presented only for the periods when the Company owned its investment. Because PIH does not present a classified balance sheet, major components of its assets and liabilities are presented instead of current and noncurrent assets and liabilities. For the twelve months ended September 30, 2018 2017 Revenue $ 53,395 $ 72,325 Operating income 2,738 1,021 Net income (462 ) 7,953 As of September 30, 2018 2017 Cash and cash equivalents - PIH $ 30,024 $ 25,679 Investments - PIH 80,918 49,702 Reinsurance recoverables - PIH 10,598 25,327 Other assets - PIH 22,928 14,815 Current assets - BKTI and Itasca 1,397 33,359 Noncurrent assets - BKTI and Itasca 11,693 30,005 Total assets - PIH, BKTI and Itasca $ 157,558 $ 178,887 Loss and loss adjustment expense reserves - PIH $ 14,172 $ 22,091 Unearned premium reserves - PIH 49,964 32,170 Redeemable preferred shares - PIH - 2,744 Other liabilities - PIH 18,651 12,920 Current liabilities - BKTI and Itasca 98 8,857 Noncurrent liabilities - BKTI and Itasca 82,885 452 Total liabilities - PIH, BKTI and Itasca $ 165,770 $ 79,234

Intangible Assets

Intangible Assets	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	7. Intangible Assets Intangible assets consisted of the following at December 31, 2018 (dollars in thousands): Useful life Gross Accumulated Amortization Net (Years) Intangible assets not yet subject to amortization: Software in development $ 119 $ - $ 119 Intangible assets subject to amortization: Software in service 5 2,188 (595 ) $ 1,593 Product formulation 10 447 (364 ) $ 83 Total $ 2,754 $ (959 ) $ 1,795 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 Intangible assets, other than goodwill, with definite lives are amortized over their useful lives. The Company recorded amortization expense relating to intangible assets of $0.6 million during both of the years ended December 31 2018 and 2017. During 2018, the Company recorded impairment charges of $2.1 million related to abandoned software in service within loss on disposal of assets on the consolidated statements of operations. 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). 2019 $ 485 2020 476 2021 438 2022 221 2023 56 Thereafter - Total $ 1,676

Goodwill

Goodwill	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	8. Goodwill All of the Company’s goodwill is related to the Strong Cinema segment. The following represents a summary of changes in the Company’s carrying amount of goodwill (in thousands): Balance as of December 31, 2017 $ 952 Foreign currency translation (77 ) Balance as of December 31, 2018 $ 875

Accrued Expenses

Accrued Expenses	12 Months Ended
	Dec. 31, 2018
Payables and Accruals [Abstract]
Accrued Expenses	9. Accrued Expenses The major components of current accrued expenses are as follows (in thousands): December 31, 2018 December 31, 2017 Employee related $ 1,431 $ 1,388 Legal and professional fees 343 222 Lease expenses 150 78 Warranty obligation 350 521 Interest and taxes 374 567 Post-retirement benefit obligation 14 18 Other 120 88 Total $ 2,782 $ 2,882 The major components of long-term accrued expenses are as follows (in thousands): December 31, 2018 December 31, 2017 Lease expenses $ 114 $ 109 Post-retirement benefit obligation 140 97 Total $ 254 $ 206

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Income Taxes	10. Income Taxes Loss from continuing operations before income taxes consists of (in thousands): 2018 2017 United States $ (16,581 ) $ (11,588 ) Foreign 6,681 11,414 $ (9,900 ) $ (174 ) Income tax expense (benefit) attributable to loss from continuing operations consists of (in thousands): 2018 2017 Federal: Current $ - $ - Deferred - - Total - - State: Current 66 8 Deferred - - Total 66 8 Foreign: Current 2,609 2,348 Deferred (248 ) 1,062 Total 2,361 3,410 $ 2,427 $ 3,418 Income tax expense attributable to loss from continuing operations differed from the amounts computed by applying the U.S. Federal income tax rate to pretax loss from continuing operations as follows (in thousands): 2018 2017 Expected federal income tax benefit $ (2,079 ) $ (59 ) Effect of federal rate change - 5,341 Effect of change to territorial system - (4,071 ) State income taxes, net of federal benefit 52 (260 ) Foreign tax rate differential 381 (743 ) Change in state tax rate (139 ) (67 ) Change in valuation allowance 3,859 3,321 GILTI inclusion 597 - Return to provision (490 ) (49 ) Foreign dividend inclusion 128 - Other 118 5 Total $ 2,427 $ 3,418 Deferred tax assets and liabilities were comprised of the following (in thousands): December 31, 2018 December 31, 2017 Deferred tax assets: Deferred revenue $ 228 $ 230 Non-deductible accruals 1,811 206 Inventory reserves 370 451 Stock compensation expense 325 199 Warranty reserves 93 138 Uncollectible receivable reserves 456 458 Net operating losses 10,658 9,204 Fair value adjustment to notes receivable 978 147 Tax credits 2,084 1,642 Depreciation and amortization - 79 Disallowed interest expense 394 - Other 129 170 Total deferred tax assets 17,526 12,924 Valuation allowance (16,177 ) (12,317 ) Net deferred tax assets after valuation allowance 1,349 607 Deferred tax liabilities: Depreciation and amortization 1,601 923 Cash repatriation 2,012 1,884 Equity in income of equity method investments 252 610 Other - 6 Total deferred tax liabilities 3,865 3,423 Net deferred tax liability $ (2,516 ) $ (2,816 ) 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 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 of $16.2 million and $12.3 million should be recorded against the Company’s U.S. tax jurisdiction deferred tax assets as of December 31, 2018 and 2017, respectively. 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 to a territorial tax system. The 2017 Tax Act required taxpayers to calculate a one-time transition tax based on the deemed repatriation of undistributed earnings of foreign subsidiaries. The Company included this repatriation tax and changes to the existing deferred tax balances in the 2017 financial statements. Provisional amounts were originally recorded for the repatriation and subsequently updated through the filing of the 2017 tax return. After applying foreign tax credits, the Company calculated its transition tax liability to be zero. The Company has recorded a deferred tax liability related to withholding tax on earnings from its Canadian subsidiary of $2.0 million and $1.9 million at December 31, 2018 and 2017, respectively. The decrease in the U.S. Federal corporate income tax rate resulted in a decrease in the future expected benefit of the Company’s U.S. deferred tax assets. However, due to the full valuation allowance recorded against the U.S. tax jurisdiction deferred tax assets as of December 31, 2017, the net income tax expense recorded related to the change in corporate tax rate was zero. During the 2018 fiscal year, numerous provisions of the 2017 Tax Act went into effect. The Company evaluated these provisions and incorporated the estimated impact in the 2018 income tax expense. These provisions include, but are not limited to, reductions in the corporate income tax rate with regard to current income taxes, limitations with regard to interest expense that disallow a portion of interest expense that is carried forward with no future expiration, changes to the deductibility of meals and entertainment, changes to bonus depreciation and a reduced tax rate on foreign export sales. An additional provision of the 2017 Tax Act is the implementation of the Global Intangible-Low Taxed Income Tax, or “GILTI.” The Company has elected to account for the impact of GILTI in the period in which the tax actually applies to the Company. During fiscal 2018, the Company incurred an estimated $2.8 million of additional taxable income as a result of this provision. This increase of taxable income was incorporated into the overall net operating loss and valuation allowance. The Company’s net operating loss carryforwards for federal and state tax purposes total approximately $42.8 million and $40.2 million, respectively, at December 31, 2018, expiring at various times in 2033 through 2037 for state net operating losses and federal losses generated through December 31, 2017. As a result of the 2017 Tax Act, all net operating losses that are generated beginning January 1, 2018 and beyond will carryforward indefinitely with no carryback. The Company has foreign tax credit carryforwards of approximately $2.1 million at December 31, 2018 that expire at various times in 2024 through 2026. Utilization of these losses may be limited in the event certain changes in ownership occur. The Company is subject to possible examinations not yet initiated for federal purposes for the fiscal years 2015, 2016 and 2017. In most cases, the Company is subject to possible examinations for state or local jurisdictions based on the particular jurisdiction’s statute of limitations. Estimated amounts related to underpayment of income taxes, including interest and penalties, are classified as a component of income tax expense in the consolidated statements of operations and were not material for the years ended December 31, 2018 and 2017. Amounts accrued for estimated underpayment of income taxes were zero as of December 31, 2018 and 2017.

Debt

Debt	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Debt	11. Debt The Company’s long-term debt consists of the following (in thousands): December 31, 2018 December 31, 2017 Short-term debt: Strong/MDI installment loan $ 3,152 $ - Revolving line of credit - 500 Current portion of long-term debt 1,094 65 Total short-term debt 4,246 565 Long-term debt: Sale-leaseback financing 6,769 - Equipment term loans 4,398 - Mortgage term loan - 1,968 Total principal balance of long-term debt 11,167 1,968 Less: current portion (1,094 ) (65 ) Less: unamortized debt issuance costs (20 ) (33 ) Total long-term debt 10,053 1,870 Total short-term and long-term debt $ 14,299 $ 2,435 On May 22, 2018, the Company’s subsidiary, Convergent, entered into an installment payment agreement with an equipment financing company in order to purchase media players and related equipment in an aggregate amount of up to approximately $4.4 million. Installment payments under each contract for purchase of the equipment are due monthly for a period of 60 months. The financing provided in the agreement is secured by the equipment, and the obligations under the agreement are guaranteed by the Company. The borrowings under the agreement are recorded as long-term debt on the Company’s consolidated balance sheet. In December 2018, Convergent entered into additional installment payment agreements with other financing companies in order to purchase additional media players and related equipment. This round of financing totaled approximately $0.6 million. Installment payments under each contract are due monthly for a period of 60 months. The financing under the agreements is secured by the equipment. The borrowings under the agreements are recorded as long-term debt on the Company’s consolidated balance sheet. Collectively, the Company had $4.4 million of outstanding borrowings under equipment term loan agreements at December 31, 2018, which bear interest at a weighted-average fixed rate of 6.8%. On June 29, 2018, the Company and Convergent completed a sale-leaseback of Convergent’s Alpharetta, Georgia office facility. Convergent sold the Alpharetta facility for $7.0 million in cash and the Company simultaneously entered 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. Due to the Company’s continuing involvement in the building, the transaction was accounted for as a financing rather than a normal leaseback. The net proceeds from the transaction were recorded as a financing liability in long-term debt on the Company’s consolidated balance sheet. Upon closing, the Company’s mortgage term loan and revolving line of credit that previously were secured by the Alpharetta facility were repaid, and the related debt agreement was terminated. In addition, the Company issued warrants to the buyer to purchase up to 100,000 shares of Company stock, consisting of warrants to purchase 25,000 shares at each of $10, $12, $14, and $16 purchase prices per share. The warrants have a 10-year maturity. The Company recorded the aggregate $81 thousand fair value of the warrants as additional paid-in capital. The warrants are recorded at grant date fair value, which was calculated based on a Black-Scholes valuation model using the following assumptions: Expected dividend yield at date of grant 0.00 % Risk-free interest rate 2.81 % Expected stock price volatility 37.01 % Expected life of warrants (in years) 7.0 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 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. The Company borrowed CDN$4.5 million on the 20-year installment loan during 2018. There was CDN$4.3 million of principal outstanding on the 20-year installment loan as of December 31, 2018, which bears variable interest at 4.53%. Strong/MDI was in compliance with its debt covenants as of December 31, 2018. Scheduled repayments are as follows for the Company’s long-term debt outstanding as of December 31, 2018 (in thousands): 2019 $ 1,094 2020 1,177 2021 1,267 2022 1,364 2023 1,017 Thereafter 5,248 Total $ 11,167

Stock Compensation

Stock Compensation	12 Months Ended
	Dec. 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 $0.8 million and $0.7 million for the years ended December 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 1,049,156 shares remaining available for grant at December 31, 2018. Options The Company granted a total of 437,500 and 435,000 options during the years ended December 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 the grant. The weighted average grant date fair value of stock options granted during the years ended December 31, 2018 and 2017 was $1.72 and $2.42, respectively. The fair value of each stock option granted is 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 2.53 % 1.99 % Expected stock price volatility 35.93 % 34.85 % 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. The expected volatility was 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 2018: Number of Options Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (in thousands) Outstanding at December 31, 2017 930,300 $ 5.63 8.7 $ 150 Granted 437,500 4.42 Exercised - - Forfeited (344,500 ) 5.62 Expired (156,300 ) 4.95 Outstanding at December 31, 2018 867,000 $ 5.06 8.3 $ - Exercisable at December 31, 2018 189,000 $ 5.08 7.3 $ - 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. No options were exercised in 2018. The intrinsic value of options exercised during the year ended December 31, 2017 amounted to $45 thousand. As of December 31, 2018, 678,000 stock option awards were non-vested. Unrecognized compensation costs related to all stock options outstanding amounted to $1.1 million at December 31, 2018, which is expected to be recognized over a weighted-average period of 3.5 years. Restricted Stock The Company awarded a total of 277,498 and 115,835 restricted stock units and restricted shares during the years ended December 31, 2018 and 2017, respectively. 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. The weighted average grant date fair value of restricted shares and restricted stock units granted during the twelve month periods ended December 31, 2018 and 2017 was $3.33 and $6.58, respectively. The fair value of restricted stock awards that vested during the years ended December 31, 2018 and 2017 was $0.3 million and $0.4 million, respectively. As of December 31, 2018, the total unrecognized compensation cost related to non-vested restricted stock awards was approximately $0.8 million, which is expected to be recognized over a weighted average period of 1.7 years. The following table summarizes restricted share activity for 2018: Number of Restricted Stock Shares Weighted Average Grant Date Fair Value Non-vested at December 31, 2017 85,000 $ 6.50 Granted - - Shares vested (28,333 ) 6.50 Shares forfeited (10,000 ) 6.50 Non-vested at December 31, 2018 46,667 $ 6.50 The following table summarizes restricted stock unit activity for 2018: Number of Restricted Stock Units Weighted Average Grant Date Fair Value Non-vested at December 31, 2017 35,835 $ 6.45 Granted 277,498 3.33 Shares vested (35,835 ) 6.45 Shares forfeited - - Non-vested at December 31, 2018 277,498 $ 3.33

Compensation and Benefit Plans

Compensation and Benefit Plans	12 Months Ended
	Dec. 31, 2018
Retirement Benefits [Abstract]
Compensation and Benefit Plans	13. Compensation and Benefit Plans Retirement Plan The Company sponsors a defined contribution 401(k) plan (the “Plan”) for all eligible employees. Pursuant to the provisions of the Plan, employees may defer up to 100% of their compensation. The Company will match 50% of the amount deferred up to 6% of their compensation. The contributions made to the Plan by the Company were approximately $0.4 million for each of the years ended December 31, 2018 and 2017.

Leases

Leases	12 Months Ended
	Dec. 31, 2018
Leases [Abstract]
Leases	14. Leases The Company and its subsidiaries lease plant and office facilities, 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. Rent expense under operating lease agreements amounted to approximately $0.9 million and $0.5 million for the years ended December 31, 2018 and 2017, respectively. The Company also has capital leases for computer equipment and digital signage equipment, which are recorded as capital lease obligations on the consolidated balance sheets. The Company’s future minimum lease payments are as follows: Capital Leases Operating Leases (in thousands) 2019 $ 219 $ 1,740 2020 139 1,537 2021 139 1,420 2022 139 1,081 2023 128 - Thereafter 4 - Total minimum lease payments 768 $ 5,778 Less: Amount representing interest (181 ) Present value of minimum lease payments 587 Less: Current maturities (160 ) Capital lease obligations, net of current portion $ 427

Contingencies and Concentration

Contingencies and Concentrations	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Contingencies and Concentrations	15. Contingencies and Concentrations Concentrations The Company’s top ten customers accounted for approximately 46% of 2018 consolidated net revenues, including one Strong Cinema customer that individually accounted for 14% of 2018 consolidated net revenues. Trade accounts receivable from the top ten customers represented approximately 45% of net consolidated receivables at December 31, 2018. Litigation The Company is involved, from time to time, in certain legal disputes in the ordinary course of business. No such disputes, individually or in the aggregate, are expected to have a material effect on the Company’s business or financial condition.

Business Segment Information

Business Segment Information	12 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
Business Segment Information	16. Business Segment Information The Company has three primary operating segments: Strong Cinema, Convergent and Strong Outdoor. During the fourth quarter of 2018, the Company decided to divide its former Digital Media segment into separate Convergent and Strong Outdoor segments. All prior periods have been recast in our segment reporting to reflect the current segment organization. The Strong 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 Convergent segment delivers solutions and services across two primary markets: digital out-of-home and enterprise video. While there is digital signage equipment sold within this segment, the primary focus of this segment is providing solutions and services to our customers. The Strong Outdoor segment provides taxi-top advertising services on over 3,500 New York City taxicabs. Summary by Business Segments Year ended December 31, 2018 2017 (in thousands) Net revenues Strong Cinema $ 44,361 $ 48,938 Convergent 17,210 24,348 Strong Outdoor 3,632 - Other 308 175 Total segment net revenues 65,511 73,461 Eliminations (822 ) (815 ) Total net revenues 64,689 72,646 Gross profit (loss) Strong Cinema 14,710 14,919 Convergent 2,061 3,840 Strong Outdoor (4,843 ) - Other 308 175 Total segment gross profit 12,236 18,934 Eliminations (57 ) - Total gross profit 12,179 18,934 Operating income (loss) Strong Cinema 10,407 10,678 Convergent (4,483 ) (3,944 ) Strong Outdoor (6,070 ) - Other (309 ) (340 ) Total segment operating (loss) income (455 ) 6,394 Unallocated general and administrative expenses (9,076 ) (9,208 ) Unallocated loss on disposal of assets (818 ) - Loss from operations (10,349 ) (2,814 ) Other income, net 1,001 682 Loss before income taxes and equity method investment income $ (9,348 ) $ (2,132 ) Year ended December 31, 2018 2017 (in thousands) Capital expenditures: Strong Cinema $ 639 $ 810 Convergent 1,056 1,909 Strong Outdoor 286 - Unallocated 3 556 Total capital expenditures $ 1,984 $ 3,275 Depreciation, amortization and impairment: Strong Cinema $ 892 $ 912 Convergent 2,904 1,000 Strong Outdoor 267 - Unallocated 1,091 269 Total depreciation, amortization and impairment $ 5,154 $ 2,181 December 31, (In thousands) 2018 2017 Identifiable assets Strong Cinema $ 27,009 $ 27,358 Convergent 14,024 13,603 Strong Outdoor 3,454 - Corporate assets 15,150 18,053 Total $ 59,637 $ 59,014 Summary by Geographical Area Year ended December 31, (In thousands) 2018 2017 Net revenue United States $ 51,950 $ 57,479 Canada 5,055 5,535 China 2,126 5,031 Mexico 2,910 1,736 Latin America 803 1,557 Europe 1,096 681 Asia (excluding China) 518 274 Other 231 353 Total $ 64,689 $ 72,646 December 31, (In thousands) 2018 2017 Identifiable assets United States $ 42,780 $ 37,230 Canada 16,857 21,784 Total $ 59,637 $ 59,014 Net revenues by business segment are to unaffiliated customers, except to the extent of certain revenues from intersegment services provided by the Strong Cinema segment to the Convergent segment, which are represented by the eliminations in the segment operating results table above. Identifiable assets by geographical area are based on location of facilities. Net sales by geographical area are based on destination of sales.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Related Party Transactions	17. Related Party Transactions Fundamental Global Investors, LLC and certain of its affiliates (collectively, “FGI”) hold approximately 36.1% of the Company’s outstanding shares of common stock as of December 31, 2018. Mr. D. Kyle Cerminara, the Chief Executive Officer, Co-Founder and Partner of Fundamental Global Investors, LLC, serves as the Company’s Chairman and Chief Executive Officer. The Company’s purchases of the equity securities that comprise its equity method investments were made in companies in which FGI has an ownership interest. The independent members of the Board of Directors approved these purchases and the Company made no payments to FGI related to these purchases. On September 9, 2018, the Company entered into an agreement with FGI where the Company sold 1,147,087 shares of common stock of BKTI to FGI for a price of $3.95 per share and total proceeds of approximately $4.5 million. The per share transaction price of $3.95 represented the immediately preceding closing price on the NYSE American stock exchange, and the transaction was approved by the Company’s Audit Committee, comprised of only independent directors. See Note 6 for further information on the Company’s equity method investments.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Revenue Recognition	Revenue Recognition On January 1, 2018, the Company adopted Financial Accounting Standards Board (“FASB”) Topic 606, “Revenue from Contracts with Customers,” (“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; and ● 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 is used when observable prices are 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 receives payments from 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 year ended December 31, 2018 (in thousands): Deferred contract acquisition costs as of January 1, 2018 $ 76 Costs capitalized 12 Amortization (29 ) Impairment (59 ) Deferred contract acquisition costs as of December 31, 2018 $ - During the year ended December 31, 2018, the Company recorded an impairment charge of $59 thousand for the remaining deferred contract acquisition costs, as they are no longer considered recoverable based on the customer’s recent credit history. The following table summarizes the impact the adoption of ASC 606 had on the Company’s consolidated financial statements (in thousands, except per share data): Condensed Consolidated Statements of Operations: As reported for the 12 months ended December 31, 2018 Adjustments Balances without adoption of ASC 606 Total net revenues $ 64,689 $ 271 $ 64,960 Total cost of revenues 52,510 271 52,781 Gross profit 12,179 - 12,179 Total selling and administrative expenses 20,393 (78 ) 20,315 Loss on disposal of assets (2,135 ) - (2,135 ) Loss from operations (10,349 ) 78 (10,271 ) Other income 1,001 - 1,001 Loss before income taxes and equity method investment loss (9,348 ) 78 (9,270 ) Income tax expense 2,427 - 2,427 Equity method investment loss (552 ) - (552 ) Net loss $ (12,327 ) $ 78 $ (12,249 ) Net loss per share of common stock: Basic $ (0.86 ) 0.01 $ (0.85 ) Diluted $ (0.86 ) 0.01 $ (0.85 ) The adoption of ASC 606 did not have any net impact on the Company’s consolidated balance sheet as of December 31, 2018, or other comprehensive loss or cash flows for the year then ended. The following table disaggregates the Company’s revenue by major source for the year ended December, 2018 (in thousands): Strong Cinema Convergent Strong Outdoor Other Eliminations Total Screen system sales $ 17,445 $ - $ - $ - $ - $ 17,445 Digital equipment sales 9,956 4,110 - - (279 ) 13,787 Field maintenance and monitoring services 11,541 8,726 - - (486 ) 19,781 Installation services 2,055 4,356 - - - 6,411 Extended warranty sales 1,041 - - - - 1,041 Advertising - - 3,632 - - 3,632 Other 2,323 18 - 308 (57 ) 2,592 Total $ 44,361 $ 17,210 $ 3,632 $ 308 $ (822 ) $ 64,689 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 Strong Cinema and Convergent customers. In the Strong Cinema segment, these contracts are generally 12 months in length, while the term for service contracts in the Convergent 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 Strong Cinema and Convergent 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 Strong Cinema and Convergent customers and recognizes revenue upon completion of the installations. Extended warranty sales The Company sells extended warranties to its Strong 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. Advertising Strong Outdoor sells advertising space on top of taxicabs. Advertising revenue is recognized ratably over the contracted advertising periods. 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 year ended December 31, 2018, all of this balance was earned and recognized as revenue. At December 31, 2018, the unearned revenue amount was $1.0 million. The Company expects to recognize $0.9 million of unearned revenue amounts in 2019 and immaterial amounts each year from 2020-2022. The following table disaggregates the Company’s revenue by the timing of transfer of goods or services to the customer for the year ended December 31, 2018 (in thousands): Strong Cinema Convergent Strong Outdoor Other Eliminations Total Point in time $ 37,456 9,565 31 $ 48 $ (822 ) $ 46,278 Over time 6,905 7,645 3,601 260 - 18,411 Total $ 44,361 $ 17,210 $ 3,632 $ 308 $ (822 ) $ 64,689
Cash and Cash Equivalents	Cash and Cash Equivalents All short-term, highly liquid financial instruments are classified as cash equivalents in the consolidated balance sheets and statements of cash flows. Generally, these instruments have maturities of three months or less from date of purchase. As of December 31, 2018, $2.4 million of the $6.7 million in cash and cash equivalents was held by our foreign subsidiary.
Restricted Cash	Restricted Cash Restricted cash represents amounts held in a collateral account for the Company’s corporate travel and purchasing credit card program.
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 Consolidated Statements of Operations. The carrying value of our equity method investments is reported in equity method investments in the 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 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 recorded other-than-temporary impairment charges totaling $0.7 million related to its equity method investments during the year ended December 31, 2018 and did not record any such impairment charges during the year ended December 31, 2017. Note 6 contains additional information on our equity method investments.
Accounts and Notes Receivable	Accounts and Notes Receivable Trade accounts receivable are recorded at the invoiced amount and do not bear interest. The Company determines the allowance for doubtful accounts based on several factors, including overall customer credit quality, historical write-off experience and a specific analysis that projects the ultimate collectability of the account. As such, these factors may change over time causing the allowance level and bad debt expense to be adjusted accordingly. The Company elected the fair value option on its notes receivable. Notes receivable are recorded at estimated fair value and accrue interest at 15%. Past due accounts are written off for accounts and notes receivable when our efforts have been unsuccessful in collecting amounts due.
Inventories	Inventories Inventories are stated at the lower of cost (first-in, first-out) or net realizable value. Inventories include appropriate elements of material, labor and manufacturing overhead. Inventory balances are net of reserves on slow moving or obsolete inventory based on management’s review of inventories on hand compared to estimated future usage and sales, technological changes and product pricing.
Business Combinations	Business Combinations The Company uses the acquisition method of accounting for acquired businesses. Under the acquisition method, the financial statements reflect the operations of an acquired business starting from the completion of the acquisition. The assets acquired and liabilities assumed are recorded at their respective estimated fair values at the date of the acquisition. Any excess of the purchase price over the estimated fair values of the identifiable net assets acquired is recorded as goodwill. Significant judgment is often required in estimating the fair value of assets acquired, particularly intangible assets. As a result, in the case of significant acquisitions, the Company normally obtains the assistance of third-party valuation specialists in estimating fair values of tangible and intangible assets. The fair value estimates are based on available historical information and on expectations and assumptions about the future, considering the perspective of marketplace participants. While management believes those expectations and assumptions are reasonable, they are inherently uncertain. Unanticipated market or macroeconomic events and circumstances may occur, which could affect the accuracy or validity of the estimates and assumptions.
Intangible Assets	Intangible Assets The Company evaluates its intangible assets for impairment when there is evidence that events or circumstances indicate that the carrying amount of these assets may not be recoverable. Intangible assets with definite lives are amortized over their respective estimated useful lives to their estimated residual values. Significant judgments and assumptions are required in the impairment evaluations.
Goodwill	Goodwill Goodwill is not amortized and is tested for impairment at least annually, or whenever events or changes in circumstances indicate the carrying amount of the asset may be impaired. The annual impairment test is performed as of December 31 each year. Significant judgment is involved in determining if an indicator of impairment has occurred. The Company may consider indicators such as deterioration in general economic conditions, adverse changes in the markets in which the reporting unit operates, increases in input costs that have negative effects on earnings and cash flows, or a trend of negative or declining cash flows over multiple periods, among others. The fair value that could be realized in an actual transaction may differ from that used to evaluate the impairment of goodwill. The Company may first review for goodwill impairment by assessing qualitative factors to determine whether any impairment may exist. If the Company believes, as a result of the qualitative assessment, that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, a quantitative two-step test is required; otherwise, no further testing is required. However, the Company also may elect not to perform the qualitative assessment and, instead, proceed directly to the quantitative impairment test. Under the first step of the quantitative test, the fair value of each reporting unit is compared with its carrying value (including goodwill). If the fair value of the reporting unit exceeds its carrying value, step two is not performed. If the fair value of the reporting unit is less than its carrying value, an indication of goodwill impairment exists for the reporting unit and step two of the quantitative impairment test (measurement) is performed. Under step two, an impairment loss is recognized for any excess of the carrying amount of the reporting unit’s goodwill over the fair value of that goodwill. The fair value of goodwill is determined by allocating the fair value of the reporting unit in a manner similar to a purchase price allocation and the residual fair value after this allocation is the fair value of the reporting unit goodwill. Goodwill was recorded in connection with the acquisition of Peintures Elite, Inc. in 2013. A qualitative assessment was performed for the year ended December 31, 2018 and it was determined that no events had occurred since the acquisition that would indicate an impairment was more likely than not.
Property, Plant and Equipment	Property, Plant and Equipment Significant expenditures for the replacement or expansion of property, plant and equipment are capitalized. Depreciation of property, plant and equipment is provided over the estimated useful lives of the respective assets using the straight-line method. For financial reporting purposes, assets are depreciated over the estimated useful lives of 20 years for buildings and improvements, the lesser of the lease term or the estimated useful life for leasehold improvements, 3 to 10 years for machinery and equipment, 7 years for furniture and fixtures and 3 years for computers and accessories. The Company generally uses accelerated methods of depreciation for income tax purposes. The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The recoverability of property, plant and equipment is based on management’s estimates of future undiscounted cash flows and these estimates may vary due to a number of factors, some of which may be outside of management’s control. To the extent that the Company is unable to achieve management’s forecasts of future income, it may become necessary to record impairment losses for any excess of the net book value of property, plant and equipment over their fair value. The Company incurs maintenance costs on all of its major equipment. Repair and maintenance costs are expensed as incurred.
Income Taxes	Income Taxes Income taxes are accounted for under the asset and liability method. The Company uses an estimate of its annual effective rate at each interim period based on the facts and circumstances at the time while the actual effective rate is calculated at year-end. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. In assessing whether the deferred tax assets are realizable, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The Company’s uncertain tax positions are evaluated in a two-step process, whereby 1) the Company determines whether it is more likely than not that the tax positions will be sustained based on the technical merits of the position and 2) for those tax positions that meet the more likely than not recognition threshold, the Company would recognize the largest amount of tax benefit that is greater than fifty percent likely to be realized upon ultimate settlement with the related tax authority. The Company accrues interest and penalties related to uncertain tax positions in the Consolidated Statements of Operations as income tax expense.
Other Taxes	Other Taxes Sales taxes assessed by governmental authorities, including sales, use and excise taxes, are recorded on a net basis. Such taxes are excluded from revenues and are shown as a liability on the balance sheet until remitted to the appropriate taxing authorities.
Research and Development	Research and Development Research and development related costs are charged to operations in the period incurred. Such costs amounted to $0.1 million for each of the years ended December 31, 2018 and 2017.
Advertising Costs	Advertising Costs Advertising and promotional costs are expensed as incurred and amounted to approximately $0.3 million and $0.6 million for the years ended December 31, 2018 and 2017, respectively.
Fair Value of Financial and Derivative Instruments	Fair Value of Financial and Derivative 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 and liabilities measured at fair value based upon the level within the fair value hierarchy in which the fair value measurements fall, as of December 31, 2018 and 2017. Fair values measured on a recurring basis at December 31, 2018 (in thousands): Level 1 Level 2 Level 3 Total Cash and cash equivalents $ 6,698 $ - $ - $ 6,698 Restricted cash 350 - - 350 Notes receivable - - 3,965 3,965 Total $ 7,048 $ - $ 3,965 $ 11,013 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 December 31, 2018 is set forth below (dollars in thousands): Fair value at 12/31/18 Valuation technique Unobservable input Value Notes receivable $ 3,965 Discounted cash flow Default percentage 35 % 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. The Company recorded increases to the fair value of the notes receivable of approximately $1.2 million and $1.1 million in other income in the consolidated statements of operations during the years ended December 31, 2018 and 2017, respectively. The significant unobservable inputs used in the fair value measurement of the Company’s note receivable are the 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 following table reconciles the beginning and ending balance of the Company’s notes receivable at fair value (in thousands): 2018 2017 Notes receivable balance, beginning of period $ 2,815 $ 1,669 Fair value adjustment 1,150 1,146 Notes receivable balance, end of period $ 3,965 $ 2,815 The Company’s short-term and long-term debt is recorded at historical cost. As of December 31, 2018, the Company’s long-term debt, including current maturities, had a carrying value of $11.1 million. Based on discounted cash flows using current quoted interest rates (Level 2 of the fair value hierarchy), the estimated fair value at December 31, 2018 was $10.8 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 consolidated balance sheets equal or approximate their fair values due to the short-term nature of these instruments. Based on quoted market prices, the market value of the Company’s equity method investments was $5.5 million at December 31, 2018 (see Note 6). 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 2018, the Company recorded other-than-temporary impairment charges totaling $0.7 million related to its equity method investments. During 2018 and 2017, the Company recorded impairment charges of $2.1 million and $0.2 million, respectively, in loss on sale or disposal of assets on the consolidated statements of operations related to groups of long-lived assets after the Company determined the carrying amount of the assets was not recoverable, and adjusted the carrying amount of the related assets to $0.
Loss Per Common Share	Loss Per Common Share Basic loss per share has been computed on the basis of the weighted average number of shares of common stock outstanding. Diluted earnings per share would be 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. However, because the Company reported losses in both years presented, there were no differences between average shares used to compute basic and diluted loss per share for either of the years ended December 31, 2018 and 2017. Options to purchase 645,000 and 510,000 shares of common stock were outstanding as of December 31, 2018 and 2017, respectively, 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 the respective periods. An additional 80,855 and 141,166 common stock equivalents related to options and restricted stock units were excluded for the years ended December 31, 2018 and 2017, respectively, as their inclusion would be anti-dilutive, thereby decreasing the net losses per share.
Stock Compensation Plans	Stock Compensation Plans The Company recognizes compensation expense for all stock-based payment awards made to employees and directors based on estimated fair values on the date of grant. The Company uses the straight-line amortization method over the vesting period of the awards. The Company has historically issued shares upon exercise of stock options or vesting of restricted stock from new stock issuances. 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. The fair value of stock options granted is calculated using the Black-Scholes option pricing model. No stock-based compensation cost was capitalized as a part of inventory in 2018 and 2017.
Post-Retirement Benefits	Post-Retirement Benefits The Company recognizes the overfunded or underfunded position of a defined benefit postretirement plan as an asset or liability in the balance sheet, measures the plan’s assets and its obligations that determine its funded status as of each balance sheet date and recognizes the changes in the funded status through comprehensive income (loss) in the year in which the changes occur.
Foreign Currency Translation	Foreign Currency Translation For the Company’s foreign subsidiary, the environment in which the business conducts operations is considered the functional currency, generally the local currency. The assets and liabilities of the foreign subsidiary are translated into the United States dollar at the foreign exchange rates in effect at the end of the period. Revenue and expenses of the Company’s foreign subsidiary are translated using an average of the foreign exchange rates in effect during the period. Translation adjustments are not included in determining net earnings but are presented in comprehensive loss within the consolidated statements of comprehensive loss. Transaction gains and losses that arise from foreign exchange rate fluctuations on transactions denominated in a currency other than the functional currency are included in the consolidated statement of operations as incurred. If the Company disposes of its investment in a foreign entity, any gain or loss on currency translation balance recorded in accumulated other comprehensive income is recognized as part of the gain or loss on disposition.
Warranty Reserves	Warranty Reserves In most instances, digital products are covered by the manufacturing firm’s 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 two years ended December 31 (in thousands): 2018 2017 Warranty accrual at beginning of period $ 521 $ 645 Charged to expense 208 309 Claims paid, net of recoveries (349 ) (462 ) Foreign currency adjustment (30 ) 29 Warranty accrual at end of period $ 350 $ 521
Contingencies	Contingencies The Company accrues for contingencies when its assessments indicate that it is probable that a liability has been incurred and an amount can be reasonably estimated. The Company’s estimates are based on currently available facts and its estimates of the ultimate outcome or resolution. Actual results may differ from the Company’s estimates resulting in an impact, positive or negative, on earnings.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements 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),” which was further clarified by ASU 2018-11, “Leases – Targeted Improvements,” issued in July 2018. 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 initially required a modified retrospective transition method under which entities would initially apply Topic 842 at the beginning of the earliest period presented in the financial statements. ASU 2018-11 added an additional optional transition method allowing entities to apply Topic 842 as of the adoption date and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company will adopt ASU 2016-02 using the optional transition method from ASU 2018-11 as of January 1, 2019. We have made significant progress in assessing the impact of the standards and planning for their adoption. Upon adoption, the Company expects to record a balance sheet gross-up of approximately $4.7 million to record operating lease liabilities and related right-of-use assets. In addition, the sale-leaseback of Convergent’s Alpharetta, Georgia office facility described in Note 11, which did not qualify for sale-leaseback accounting under the previous lease accounting standard, qualified for sale-leaseback accounting under Topic 842, as Topic 842 eliminated the concept of continuing involvement by the seller-lessee precluding sale-leaseback accounting. The Company is completing its analysis of the impact of ASU 2016-02 on the sale-leaseback and expects to record a cumulative effect adjustment increasing retained earnings, derecognize the property and equipment related to the sale-leaseback and derecognize the sale-leaseback financing liability component of long-term debt current reflected on the Company’s consolidated balance sheet. The Company also expects to record new operating right of use assets and liabilities for the sale-leaseback under Topic 842. 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. In August 2018, the Securities and Exchange Commission (the “SEC”) adopted the final rule under SEC Release No. 33-10532, “Disclosure Update and Simplification,” amending certain disclosure requirements that were redundant, duplicative, overlapping, outdated or superseded. In addition, the amendments expanded the disclosure requirements on the analysis of stockholders’ equity for interim financial statements. Under the amendments, an analysis of changes in each caption of stockholders’ equity presented in the balance sheet must be provided in a note or separate statement. The analysis should present a reconciliation of the beginning balance to the ending balance of each period for which a statement of comprehensive income is required to be filed. The final rule is effective for all filings made on and after November 5, 2018. Given the effective date and proximity to most filers’ quarterly reports, the SEC is not objecting to filers deferring the presentation of changes in stockholders’ equity in their quarterly reports on Forms 10-Q until the quarter that begins after November 5, 2018. The Company’s first presentation of changes in stockholders’ equity for an interim period will be included in its quarterly report on Form 10-Q for the quarter ended March 31, 2019.

Discontinued Operations (Tables

Discontinued Operations (Tables)	12 Months Ended
	Dec. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Financial Results of Discontinued Operations	The summary financial results of discontinued operations were as follows (in thousands): Year ended December 31, 2017 Total net revenues $ 24 Total cost of revenues 48 Total selling and administrative expenses 53 Loss from operations of discontinued operations (77 ) Loss before income taxes (25 ) Income tax expense (benefit) - Net loss from discontinued operations, net of tax $ (25 )

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2018
Schedule of Changes in Contract Cost	The following table summarizes the changes in the Company’s contract asset balance during the year ended December 31, 2018 (in thousands): Deferred contract acquisition costs as of January 1, 2018 $ 76 Costs capitalized 12 Amortization (29 ) Impairment (59 ) Deferred contract acquisition costs as of December 31, 2018 $ -
Schedule of Impact the Adoption of ASC 606 on Consolidated Financial Statements	The following table summarizes the impact the adoption of ASC 606 had on the Company’s consolidated financial statements (in thousands, except per share data): Condensed Consolidated Statements of Operations: As reported for the 12 months ended December 31, 2018 Adjustments Balances without adoption of ASC 606 Total net revenues $ 64,689 $ 271 $ 64,960 Total cost of revenues 52,510 271 52,781 Gross profit 12,179 - 12,179 Total selling and administrative expenses 20,393 (78 ) 20,315 Loss on disposal of assets (2,135 ) - (2,135 ) Loss from operations (10,349 ) 78 (10,271 ) Other income 1,001 - 1,001 Loss before income taxes and equity method investment loss (9,348 ) 78 (9,270 ) Income tax expense 2,427 - 2,427 Equity method investment loss (552 ) - (552 ) Net loss $ (12,327 ) $ 78 $ (12,249 ) Net loss per share of common stock: Basic $ (0.86 ) 0.01 $ (0.85 ) Diluted $ (0.86 ) 0.01 $ (0.85 )
Schedule of Fair Value Measured Financial Assets and Liabilities	Fair values measured on a recurring basis at December 31, 2018 (in thousands): Level 1 Level 2 Level 3 Total Cash and cash equivalents $ 6,698 $ - $ - $ 6,698 Restricted cash 350 - - 350 Notes receivable - - 3,965 3,965 Total $ 7,048 $ - $ 3,965 $ 11,013 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 December 31, 2018 is set forth below (dollars in thousands): Fair value at 12/31/18 Valuation technique Unobservable input Value Notes receivable $ 3,965 Discounted cash flow Default percentage 35 % Discount rate 18 %
Summary of Notes Receivable Reconciliation	The following table reconciles the beginning and ending balance of the Company’s notes receivable at fair value (in thousands): 2018 2017 Notes receivable balance, beginning of period $ 2,815 $ 1,669 Fair value adjustment 1,150 1,146 Notes receivable balance, end of period $ 3,965 $ 2,815
Schedule of Product Warranty Liability	The following table summarizes warranty activity for the two years ended December 31 (in thousands): 2018 2017 Warranty accrual at beginning of period $ 521 $ 645 Charged to expense 208 309 Claims paid, net of recoveries (349 ) (462 ) Foreign currency adjustment (30 ) 29 Warranty accrual at end of period $ 350 $ 521
Major Source [Member]
Schedule of Disaggregation of Revenue	The following table disaggregates the Company’s revenue by major source for the year ended December, 2018 (in thousands): Strong Cinema Convergent Strong Outdoor Other Eliminations Total Screen system sales $ 17,445 $ - $ - $ - $ - $ 17,445 Digital equipment sales 9,956 4,110 - - (279 ) 13,787 Field maintenance and monitoring services 11,541 8,726 - - (486 ) 19,781 Installation services 2,055 4,356 - - - 6,411 Extended warranty sales 1,041 - - - - 1,041 Advertising - - 3,632 - - 3,632 Other 2,323 18 - 308 (57 ) 2,592 Total $ 44,361 $ 17,210 $ 3,632 $ 308 $ (822 ) $ 64,689
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 year ended December 31, 2018 (in thousands): Strong Cinema Convergent Strong Outdoor Other Eliminations Total Point in time $ 37,456 9,565 31 $ 48 $ (822 ) $ 46,278 Over time 6,905 7,645 3,601 260 - 18,411 Total $ 44,361 $ 17,210 $ 3,632 $ 308 $ (822 ) $ 64,689

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Dec. 31, 2018
Inventory Disclosure [Abstract]
Schedule of Inventories	Inventories consist of the following (in thousands): December 31, 2018 December 31, 2017 Raw materials and components $ 1,422 $ 1,376 Work in process - 362 Finished goods 2,068 3,083 $ 3,490 $ 4,821

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	Property, plant and equipment include the following (in thousands): December 31, 2018 December 31, 2017 Land $ 1,597 $ 1,601 Buildings and improvements 9,231 9,277 Digital signage equipment 5,252 305 Machinery and other equipment 5,147 4,709 Office furniture and fixtures 3,509 3,714 Total properties, cost 24,736 19,606 Less: accumulated depreciation (9,561 ) (8,780 ) Net property, plant and equipment $ 15,175 $ 10,826

Equity Method Investments (Tabl

Equity Method Investments (Tables)	12 Months Ended
	Dec. 31, 2018
Equity Method Investments and Joint Ventures [Abstract]
Summary of Equity Method Investments	The following summarizes our equity method investments (dollars in thousands): December 31, 2018 December 31, 2017 Entity Carrying Amount Economic Interest Carrying Amount Economic Interest 1347 Property Insurance Holdings, Inc. $ 7,738 17.3 % $ 7,710 17.4 % Itasca Capital, Ltd. 3,429 32.3 % 5,870 32.3 % BK Technologies, Inc. - 0.0 % 4,473 8.3 % Total $ 11,167 $ 18,053
Summary of Income (Loss) of Equity Method Investees	The following summarizes the (loss) income of equity method investees reflected in the Consolidated Statement of Operations (in thousands): Year Ended December 31, 2018 2017 Entity 1347 Property Insurance Holdings, Inc. $ 237 $ (177 ) Itasca Capital, Ltd. (1,232 ) 2,073 BK Technologies, Inc. 443 62 Total $ (552 ) $ 1,958
Summarized Financial Information	Because PIH does not present a classified balance sheet, major components of its assets and liabilities are presented instead of current and noncurrent assets and liabilities. For the twelve months ended September 30, 2018 2017 Revenue $ 53,395 $ 72,325 Operating income 2,738 1,021 Net income (462 ) 7,953 As of September 30, 2018 2017 Cash and cash equivalents - PIH $ 30,024 $ 25,679 Investments - PIH 80,918 49,702 Reinsurance recoverables - PIH 10,598 25,327 Other assets - PIH 22,928 14,815 Current assets - BKTI and Itasca 1,397 33,359 Noncurrent assets - BKTI and Itasca 11,693 30,005 Total assets - PIH, BKTI and Itasca $ 157,558 $ 178,887 Loss and loss adjustment expense reserves - PIH $ 14,172 $ 22,091 Unearned premium reserves - PIH 49,964 32,170 Redeemable preferred shares - PIH - 2,744 Other liabilities - PIH 18,651 12,920 Current liabilities - BKTI and Itasca 98 8,857 Noncurrent liabilities - BKTI and Itasca 82,885 452 Total liabilities - PIH, BKTI and Itasca $ 165,770 $ 79,234

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets	Intangible assets consisted of the following at December 31, 2018 (dollars in thousands): Useful life Gross Accumulated Amortization Net (Years) Intangible assets not yet subject to amortization: Software in development $ 119 $ - $ 119 Intangible assets subject to amortization: Software in service 5 2,188 (595 ) $ 1,593 Product formulation 10 447 (364 ) $ 83 Total $ 2,754 $ (959 ) $ 1,795 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). 2019 $ 485 2020 476 2021 438 2022 221 2023 56 Thereafter - Total $ 1,676

Goodwill (Tables)

Goodwill (Tables)	12 Months Ended
	Dec. 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 (in thousands): Balance as of December 31, 2017 $ 952 Foreign currency translation (77 ) Balance as of December 31, 2018 $ 875

Accrued Expenses (Tables)

Accrued Expenses (Tables)	12 Months Ended
	Dec. 31, 2018
Payables and Accruals [Abstract]
Schedule of Accrued Expenses	The major components of current accrued expenses are as follows (in thousands): December 31, 2018 December 31, 2017 Employee related $ 1,431 $ 1,388 Legal and professional fees 343 222 Lease expenses 150 78 Warranty obligation 350 521 Interest and taxes 374 567 Post-retirement benefit obligation 14 18 Other 120 88 Total $ 2,782 $ 2,882
Schedule of Long Term Accrued Liabilities	The major components of long-term accrued expenses are as follows (in thousands): December 31, 2018 December 31, 2017 Lease expenses $ 114 $ 109 Post-retirement benefit obligation 140 97 Total $ 254 $ 206

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Schedule of Income Before Income Tax, Domestic and Foreign	Loss from continuing operations before income taxes consists of (in thousands): 2018 2017 United States $ (16,581 ) $ (11,588 ) Foreign 6,681 11,414 $ (9,900 ) $ (174 )
Schedule of Components of Income Tax Expense (Benefit)	Income tax expense (benefit) attributable to loss from continuing operations consists of (in thousands): 2018 2017 Federal: Current $ - $ - Deferred - - Total - - State: Current 66 8 Deferred - - Total 66 8 Foreign: Current 2,609 2,348 Deferred (248 ) 1,062 Total 2,361 3,410 $ 2,427 $ 3,418
Schedule of Effective Income Tax Rate Reconciliation	Income tax expense attributable to loss from continuing operations differed from the amounts computed by applying the U.S. Federal income tax rate to pretax loss from continuing operations as follows (in thousands): 2018 2017 Expected federal income tax benefit $ (2,079 ) $ (59 ) Effect of federal rate change - 5,341 Effect of change to territorial system - (4,071 ) State income taxes, net of federal benefit 52 (260 ) Foreign tax rate differential 381 (743 ) Change in state tax rate (139 ) (67 ) Change in valuation allowance 3,859 3,321 GILTI inclusion 597 - Return to provision (490 ) (49 ) Foreign dividend inclusion 128 - Other 118 5 Total $ 2,427 $ 3,418
Schedule of Deferred Tax Assets and Liabilities	Deferred tax assets and liabilities were comprised of the following (in thousands): December 31, 2018 December 31, 2017 Deferred tax assets: Deferred revenue $ 228 $ 230 Non-deductible accruals 1,811 206 Inventory reserves 370 451 Stock compensation expense 325 199 Warranty reserves 93 138 Uncollectible receivable reserves 456 458 Net operating losses 10,658 9,204 Fair value adjustment to notes receivable 978 147 Tax credits 2,084 1,642 Depreciation and amortization - 79 Disallowed interest expense 394 - Other 129 170 Total deferred tax assets 17,526 12,924 Valuation allowance (16,177 ) (12,317 ) Net deferred tax assets after valuation allowance 1,349 607 Deferred tax liabilities: Depreciation and amortization 1,601 923 Cash repatriation 2,012 1,884 Equity in income of equity method investments 252 610 Other - 6 Total deferred tax liabilities 3,865 3,423 Net deferred tax liability $ (2,516 ) $ (2,816 )

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Schedule of Debt	The Company’s long-term debt consists of the following (in thousands): December 31, 2018 December 31, 2017 Short-term debt: Strong/MDI installment loan $ 3,152 $ - Revolving line of credit - 500 Current portion of long-term debt 1,094 65 Total short-term debt 4,246 565 Long-term debt: Sale-leaseback financing 6,769 - Equipment term loans 4,398 - Mortgage term loan - 1,968 Total principal balance of long-term debt 11,167 1,968 Less: current portion (1,094 ) (65 ) Less: unamortized debt issuance costs (20 ) (33 ) Total long-term debt 10,053 1,870 Total short-term and long-term debt $ 14,299 $ 2,435
Schedule of Warrants Issued, Fair Value Assumptions, Method Used	The warrants are recorded at grant date fair value, which was calculated based on a Black-Scholes valuation model using the following assumptions: Expected dividend yield at date of grant 0.00 % Risk-free interest rate 2.81 % Expected stock price volatility 37.01 % Expected life of warrants (in years) 7.0
Schedule of Long-term Debt Maturities	Scheduled repayments are as follows for the Company’s long-term debt outstanding as of December 31, 2018 (in thousands): 2019 $ 1,094 2020 1,177 2021 1,267 2022 1,364 2023 1,017 Thereafter 5,248 Total $ 11,167

Stock Compensation (Tables)

Stock Compensation (Tables)	12 Months Ended
	Dec. 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 is 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 2.53 % 1.99 % Expected stock price volatility 35.93 % 34.85 % Expected life of options (in years) 6.0 6.0
Summary of Stock Options Activities	The following table summarizes stock option activity for 2018: Number of Options Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (in thousands) Outstanding at December 31, 2017 930,300 $ 5.63 8.7 $ 150 Granted 437,500 4.42 Exercised - - Forfeited (344,500 ) 5.62 Expired (156,300 ) 4.95 Outstanding at December 31, 2018 867,000 $ 5.06 8.3 $ - Exercisable at December 31, 2018 189,000 $ 5.08 7.3 $ -
Summary of Restricted Stock Activity	The following table summarizes restricted share activity for 2018: Number of Restricted Stock Shares Weighted Average Grant Date Fair Value Non-vested at December 31, 2017 85,000 $ 6.50 Granted - - Shares vested (28,333 ) 6.50 Shares forfeited (10,000 ) 6.50 Non-vested at December 31, 2018 46,667 $ 6.50
Schedule of Nonvested Restricted Stock Units Activity	The following table summarizes restricted stock unit activity for 2018: Number of Restricted Stock Units Weighted Average Grant Date Fair Value Non-vested at December 31, 2017 35,835 $ 6.45 Granted 277,498 3.33 Shares vested (35,835 ) 6.45 Shares forfeited - - Non-vested at December 31, 2018 277,498 $ 3.33

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2018
Leases [Abstract]
Schedule of Future Minimum Lease Payments	The Company’s future minimum lease payments are as follows: Capital Leases Operating Leases (in thousands) 2019 $ 219 $ 1,740 2020 139 1,537 2021 139 1,420 2022 139 1,081 2023 128 - Thereafter 4 - Total minimum lease payments 768 $ 5,778 Less: Amount representing interest (181 ) Present value of minimum lease payments 587 Less: Current maturities (160 ) Capital lease obligations, net of current portion $ 427

Business Segment Information (T

Business Segment Information (Tables)	12 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
Schedule of Segment Reporting Information by Segment	Summary by Business Segments Year ended December 31, 2018 2017 (in thousands) Net revenues Strong Cinema $ 44,361 $ 48,938 Convergent 17,210 24,348 Strong Outdoor 3,632 - Other 308 175 Total segment net revenues 65,511 73,461 Eliminations (822 ) (815 ) Total net revenues 64,689 72,646 Gross profit (loss) Strong Cinema 14,710 14,919 Convergent 2,061 3,840 Strong Outdoor (4,843 ) - Other 308 175 Total segment gross profit 12,236 18,934 Eliminations (57 ) - Total gross profit 12,179 18,934 Operating income (loss) Strong Cinema 10,407 10,678 Convergent (4,483 ) (3,944 ) Strong Outdoor (6,070 ) - Other (309 ) (340 ) Total segment operating (loss) income (455 ) 6,394 Unallocated general and administrative expenses (9,076 ) (9,208 ) Unallocated loss on disposal of assets (818 ) - Loss from operations (10,349 ) (2,814 ) Other income, net 1,001 682 Loss before income taxes and equity method investment income $ (9,348 ) $ (2,132 ) Year ended December 31, 2018 2017 (in thousands) Capital expenditures: Strong Cinema $ 639 $ 810 Convergent 1,056 1,909 Strong Outdoor 286 - Unallocated 3 556 Total capital expenditures $ 1,984 $ 3,275 Depreciation, amortization and impairment: Strong Cinema $ 892 $ 912 Convergent 2,904 1,000 Strong Outdoor 267 - Unallocated 1,091 269 Total depreciation, amortization and impairment $ 5,154 $ 2,181
Reconciliation of Assets from Segment to Consolidated	December 31, (In thousands) 2018 2017 Identifiable assets Strong Cinema $ 27,009 $ 27,358 Convergent 14,024 13,603 Strong Outdoor 3,454 - Corporate assets 15,150 18,053 Total $ 59,637 $ 59,014
Schedule of Segment Reporting Information by Geographic Area	Summary by Geographical Area Year ended December 31, (In thousands) 2018 2017 Net revenue United States $ 51,950 $ 57,479 Canada 5,055 5,535 China 2,126 5,031 Mexico 2,910 1,736 Latin America 803 1,557 Europe 1,096 681 Asia (excluding China) 518 274 Other 231 353 Total $ 64,689 $ 72,646
Summary of Identifiable Assets by Geographical Area	December 31, (In thousands) 2018 2017 Identifiable assets United States $ 42,780 $ 37,230 Canada 16,857 21,784 Total $ 59,637 $ 59,014

Discontinued Operations (Detail

Discontinued Operations (Details Narrative) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	May 31, 2017	Dec. 31, 2017
Depreciation and amortization related to discontinued operations
Capital expenditure related to discontinued operations
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	12 Months Ended
	Dec. 31, 2017USD ($)
Discontinued Operations and Disposal Groups [Abstract]
Total net revenues	$ 24
Total cost of revenues	48
Total selling and administrative expenses	53
Loss from operations of discontinued operations	(77)
Loss before income taxes	(25)
Income tax expense (benefit)
Net loss from discontinued operations, net of tax	$ (25)

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Jan. 02, 2018
Change in accounting principle effect of adoption quantification	$ 76
Impairment of deferred contract	59
Deferred revenue and customer deposits	1,000		$ 800
Cash held in foreign subsidiaries	2,400
Cash and cash equivalents	6,698	4,870
Other than temporary impairment	$ 700
Note receivable interest rate	15.00%
Research and development expense	$ 100	100
Advertising expense	300	600
Fair value adjustment of notes receivable	1,150	1,146
Long-term debt	11,167	1,968
Estimated fair value of long term debt	10,800
Quoted market value of company's ownership	5,500
Impairment charges on intangible asset	2,100	200
Adjusted carrying amount of assets	0
Share-based compensation cost
Property, plant and equipment	$ 15,175	$ 10,826
Restricted Stock Units And Stock Options In Which Exercise Price Is Less Than or equal to The Average Market Price Of Common Shares [Member]
Number of options granted not included in computation of diluted earnings per share	80,855	141,166
Stock Option In Which Exercise Price Exceeds The Average Market Price Of Common Shares [Member]
Number of options granted not included in computation of diluted earnings per share	645,000	510,000
Unsecured Notes Receivable Arrangements [Member] | CDF2 Holdings, LLC [Member]
Note receivable 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%.
Buildings and Improvements [Member]
Property plant and equipment, useful life	20 years
Machinery and Other Equipment [Member] | Minimum [Member]
Property plant and equipment, useful life	3 years
Machinery and Other Equipment [Member] | Maximum [Member]
Property plant and equipment, useful life	10 years
Office Furniture and Fixtures [Member]
Property plant and equipment, useful life	7 years
Computers And Accessories [Member]
Property plant and equipment, useful life	3 years
2019 [Member]
Amount of revenue expects to recognize	$ 900
Adjustment to Retained Earnings - Deferred Contract Acquisition Costs [Member]
Change in accounting principle effect of adoption quantification	76
Operating Lease Liability and Right of Use Asset [Member] | Jan 1, 2019 [Member]
Change in accounting principle effect of adoption quantification	$ 4,700

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Schedule of Changes in Contract Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Accounting Policies [Abstract]
Deferred contract acquisition costs, beginning balance	$ 76
Costs capitalized	12
Amortization	(29)
Impairment	(59)
Deferred contract acquisition costs, ending balance		$ 76

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Schedule of Impact the Adoption of ASC 606 on Consolidated Financial Statements (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Total net revenues	$ 64,689	$ 72,646
Total cost of revenues	52,510	53,712
Gross profit	12,179	18,934
Total selling and administrative expenses	20,393	21,538
Loss on disposal of assets	(2,135)	(210)
Loss from operations	(10,349)	(2,814)
Other income	1,001	682
Loss before income taxes and equity method investment loss	(9,348)	(2,132)
Income tax expense	2,427	3,418
Equity method investment loss	(552)	1,958
Net loss	$ (12,327)	$ (3,617)
Net loss per share of common stock: Basic	$ (0.86)	$ (0.25)
Net loss per share of common stock: Diluted	$ (0.86)	$ (0.25)
Balances without Adoption of ASC 606 [Member]
Total net revenues	$ 64,960
Total cost of revenues	52,781
Gross profit	12,179
Total selling and administrative expenses	20,315
Loss on disposal of assets	(2,135)
Loss from operations	(10,271)
Other income	1,001
Loss before income taxes and equity method investment loss	(9,270)
Income tax expense	2,427
Equity method investment loss	(552)
Net loss	$ (12,249)
Net loss per share of common stock: Basic	$ (0.85)
Net loss per share of common stock: Diluted	$ (0.85)
Adjustments for New Accounting Pronouncement [Member] | Difference Between Revenue Guidance in Effect Before and After Topic 606 [Member]
Total net revenues	$ 271
Total cost of revenues	271
Gross profit
Total selling and administrative expenses	(78)
Loss on disposal of assets
Loss from operations	78
Other income
Loss before income taxes and equity method investment loss	78
Income tax expense
Equity method investment loss
Net loss	$ 78
Net loss per share of common stock: Basic	$ 0.01
Net loss per share of common stock: Diluted	$ 0.01

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Schedule of Disaggregation of Revenue (Major Source) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Total net revenues	$ 64,689	$ 72,646
Screen System Sales [Member]
Total net revenues	17,445
Digital Equipment Sales [Member]
Total net revenues	13,787
Field Maintenance and Monitoring Services [Member]
Total net revenues	19,781
Installation Services [Member]
Total net revenues	6,411
Extended Warranty Sales [Member]
Total net revenues	1,041
Advertising [Member]
Total net revenues	3,632
Other [Member]
Total net revenues	2,592
Strong Cinema [Member]
Total net revenues	44,361
Strong Cinema [Member] | Screen System Sales [Member]
Total net revenues	17,445
Strong Cinema [Member] | Digital Equipment Sales [Member]
Total net revenues	9,956
Strong Cinema [Member] | Field Maintenance and Monitoring Services [Member]
Total net revenues	11,541
Strong Cinema [Member] | Installation Services [Member]
Total net revenues	2,055
Strong Cinema [Member] | Extended Warranty Sales [Member]
Total net revenues	1,041
Strong Cinema [Member] | Advertising [Member]
Total net revenues
Strong Cinema [Member] | Other [Member]
Total net revenues	2,323
Convergent [Member]
Total net revenues	17,210
Convergent [Member] | Screen System Sales [Member]
Total net revenues
Convergent [Member] | Digital Equipment Sales [Member]
Total net revenues	4,110
Convergent [Member] | Field Maintenance and Monitoring Services [Member]
Total net revenues	8,726
Convergent [Member] | Installation Services [Member]
Total net revenues	4,356
Convergent [Member] | Extended Warranty Sales [Member]
Total net revenues
Convergent [Member] | Advertising [Member]
Total net revenues
Convergent [Member] | Other [Member]
Total net revenues	18
Strong Outdoor [Member]
Total net revenues	3,632
Strong Outdoor [Member] | Screen System Sales [Member]
Total net revenues
Strong Outdoor [Member] | Digital Equipment Sales [Member]
Total net revenues
Strong Outdoor [Member] | Field Maintenance and Monitoring Services [Member]
Total net revenues
Strong Outdoor [Member] | Installation Services [Member]
Total net revenues
Strong Outdoor [Member] | Extended Warranty Sales [Member]
Total net revenues
Strong Outdoor [Member] | Advertising [Member]
Total net revenues	3,632
Strong Outdoor [Member] | Other [Member]
Total net revenues
Other [Member]
Total net revenues	308
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
Other [Member] | Advertising [Member]
Total net revenues
Other [Member] | Other Revenue [Member]
Total net revenues	308
Eliminations [Member]
Total net revenues	(822)
Eliminations [Member] | Screen System Sales [Member]
Total net revenues
Eliminations [Member] | Digital Equipment Sales [Member]
Total net revenues	(279)
Eliminations [Member] | Field Maintenance and Monitoring Services [Member]
Total net revenues	(486)
Eliminations [Member] | Installation Services [Member]
Total net revenues
Eliminations [Member] | Extended Warranty Sales [Member]
Total net revenues
Eliminations [Member] | Advertising [Member]
Total net revenues
Eliminations [Member] | Other [Member]
Total net revenues	$ (57)

Summary of Significant Accoun_8

Summary of Significant Accounting Policies - Schedule of Disaggregation of Revenue (Timing of Transfer) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Total net revenues	$ 64,689	$ 72,646
Transferred at Point in Time [Member]
Total net revenues	46,278
Transferred Over Time [Member]
Total net revenues	18,411
Strong Cinema [Member]
Total net revenues	44,361
Strong Cinema [Member] | Transferred at Point in Time [Member]
Total net revenues	37,456
Strong Cinema [Member] | Transferred Over Time [Member]
Total net revenues	6,905
Convergent [Member]
Total net revenues	17,210
Convergent [Member] | Transferred at Point in Time [Member]
Total net revenues	9,565
Convergent [Member] | Transferred Over Time [Member]
Total net revenues	7,645
Strong Outdoor [Member]
Total net revenues	3,632
Strong Outdoor [Member] | Transferred at Point in Time [Member]
Total net revenues	31
Strong Outdoor [Member] | Transferred Over Time [Member]
Total net revenues	3,601
Other [Member]
Total net revenues	308
Other [Member] | Transferred at Point in Time [Member]
Total net revenues	48
Other [Member] | Transferred Over Time [Member]
Total net revenues	260
Eliminations [Member]
Total net revenues	(822)
Eliminations [Member] | Transferred at Point in Time [Member]
Total net revenues	(822)
Eliminations [Member] | Transferred Over Time [Member]
Total net revenues

Summary of Significant Accoun_9

Summary of Significant Accounting Policies - Schedule of Fair Value Measured Financial Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Cash and cash equivalents	$ 6,698	$ 4,870
Restricted cash	350
Notes receivable	3,965	2,815
Total	11,013	7,685
Level 1 [Member]
Cash and cash equivalents	6,698	4,870
Restricted cash	350
Notes receivable
Total	7,048	4,870
Level 2 [Member]
Cash and cash equivalents
Restricted cash
Notes receivable
Total
Level 3 [Member]
Cash and cash equivalents
Restricted cash
Notes receivable	3,965	2,815
Total	$ 3,965	$ 2,815

Summary of Significant Accou_10

Summary of Significant Accounting Policies - Summary of Quantitative Information About Company's Level 3 Fair Value Measurements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Note receivable	$ 3,965	$ 2,815
Valuation Technique	Discounted cash flow
Default Percentage [Member]
Unobservable input	35.00%
Discount Rate [Member]
Unobservable input	18.00%

Summary of Significant Accou_11

Summary of Significant Accounting Policies - Summary of Notes Receivable Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Accounting Policies [Abstract]
Notes receivable balance, beginning of period	$ 2,815	$ 1,669
Fair value adjustment	1,150	1,146
Notes receivable balance, end of period	$ 3,965	$ 2,815

Summary of Significant Accou_12

Summary of Significant Accounting Policies - Schedule of Product Warranty Liability (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Accounting Policies [Abstract]
Warranty accrual at beginning of period	$ 521	$ 645
Charged to expense	208	309
Claims paid, net of recoveries	(349)	(462)
Foreign currency adjustment	(30)	29
Warranty accrual at end of period	$ 350	$ 521

Inventories (Details Narrative)

Inventories (Details Narrative) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Inventory Disclosure [Abstract]
Inventory valuation reserves	$ 1,400	$ 1,800

Inventories - Schedule of Inven

Inventories - Schedule of Inventories (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Inventory Disclosure [Abstract]
Raw materials and components	$ 1,422	$ 1,376
Work in process		362
Finished goods	2,068	3,083
Inventories net	$ 3,490	$ 4,821

Property, Plant and Equipment_2

Property, Plant and Equipment (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
Depreciation	$ 1,900	$ 1,600

Property, Plant and Equipment -

Property, Plant and Equipment - Schedule of Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Property, plant and equipment, gross	$ 24,736	$ 19,606
Less accumulated depreciation	(9,561)	(8,780)
Net property, plant and equipment	15,175	10,826
Land [Member]
Property, plant and equipment, gross	1,597	1,601
Buildings and Improvements [Member]
Property, plant and equipment, gross	9,231	9,277
Digital Signage Equipment [Member]
Property, plant and equipment, gross	5,252	305
Machinery and Other Equipment [Member]
Property, plant and equipment, gross	5,147	4,709
Office Furniture and Fixtures [Member]
Property, plant and equipment, gross	$ 3,509	$ 3,714

Equity Method Investments (Deta

Equity Method Investments (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	Sep. 09, 2018	Dec. 31, 2018	Dec. 31, 2017
Retained earnings undistributed earnings from our equity method investees		$ 300
Other than temporary impairment charge		700
Proceeds from sale of equity method investments		4,531
Gain on sale of equity method investment		800
1347 Property Insurance Holdings Inc [Member]
Quoted market value of the company's ownership		$ 4,200
Equity method ownership percentage		17.30%	17.40%
1347 Property Insurance Holdings Inc [Member] | Minimum [Member]
Combined equity ownership percentage		20.00%
Itasca Capital Ltd [Member]
Quoted market value of the company's ownership		$ 1,300
Equity method ownership percentage		32.30%	32.30%
Dividend received		$ 800
Other than temporary impairment charge		$ 700
BK Technologies, Inc. [Member]
Equity method ownership percentage		0.00%	8.30%
Dividend received		$ 100	$ 300
Number of common stock sold	1,147,087
Sale of stock price per share	$ 3.95
Proceeds from sale of equity method investments	$ 4,500
Gain on sale of equity method investment	$ 800

Equity Method Investments - Sum

Equity Method Investments - Summary of Equity Method Investments (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Equity investment, Carrying Amount	$ 11,167	$ 18,053
1347 Property Insurance Holdings Inc [Member]
Equity investment, Carrying Amount	$ 7,738	$ 7,710
Equity investment, Economic Interest	17.30%	17.40%
Itasca Capital Ltd [Member]
Equity investment, Carrying Amount	$ 3,429	$ 5,870
Equity investment, Economic Interest	32.30%	32.30%
BK Technologies, Inc. [Member]
Equity investment, Carrying Amount		$ 4,473
Equity investment, Economic Interest	0.00%	8.30%

Equity Method Investments - S_2

Equity Method Investments - Summary of Income (Loss) of Equity Method Investees (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Equity method investment income	$ (552)	$ 1,958
Equity Method Investments [Member]
Equity method investment income	(552)	1,958
1347 Property Insurance Holdings Inc [Member] | Equity Method Investments [Member]
Equity method investment income	237	(177)
Itasca Capital Ltd [Member] | Equity Method Investments [Member]
Equity method investment income	(1,232)	2,073
BK Technologies, Inc. [Member] | Equity Method Investments [Member]
Equity method investment income	$ 443	$ 62

Equity Method Investments - S_3

Equity Method Investments - Summarized Financial Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Revenue	$ 53,395	$ 72,325
Operating income	2,738	1,021
Net income	(462)	7,953
1347 Property Insurance Holdings Inc [Member]
Cash and cash equivalents	30,024	25,679
Investments	80,918	49,702
Reinsurance recoverables	10,598	25,327
Other assets	22,928	14,815
Loss and loss adjustment expense reserves	14,172	22,091
Unearned premium reserves	49,964	32,170
Redeemable preferred shares		2,744
Other liabilities	18,651	12,920
BKTI And Itasca [Member]
Current assets	1,397	33,359
Noncurrent assets	11,693	30,005
Current liabilities	98	8,857
Noncurrent liabilities	82,885	452
1347 Property Insurance Holdings Inc, BKTI And Itasca [Member]
Total assets	157,558	178,887
Total liabilities	$ 165,770	$ 79,234

Intangible Assets (Details Narr

Intangible Assets (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 600	$ 600
Impairment charges on intangible asset	$ 2,100	$ 200

Intangible Assets - Schedule of

Intangible Assets - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Intangible assets, Gross	$ 2,754	$ 4,920
Intangible assets, Accumulated amortization	(959)	(948)
Intangible assets, Net	$ 1,795	$ 3,972
Software in Service [Member]
Intangible assets, Useful life	5 years	5 years
Intangible assets, Gross	$ 2,188	$ 3,191
Intangible assets, Accumulated amortization	(595)	(597)
Intangible assets, Net	$ 1,593	$ 2,594
Product Formulation [Member]
Intangible assets, Useful life	10 years	10 years
Intangible assets, Gross	$ 447	$ 486
Intangible assets, Accumulated amortization	(364)	(351)
Intangible assets, Net	83	135
Software in Development [Member]
Intangible assets, Gross	119	1,243
Intangible assets, Accumulated amortization
Intangible assets, Net	$ 119	$ 1,243

Intangible Assets - Schedule _2

Intangible Assets - Schedule of Intangible Assets Future Amortization Expense (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Total	$ 1,795	$ 3,972
Intangible Assets [Member]
2019	485
2020	476
2021	438
2022	221
2023	56
Thereafter
Total	$ 1,676

Goodwill - Summary of Changes i

Goodwill - Summary of Changes in Carrying Amount of Goodwill (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Balance	$ 952
Foreign currency translation	(77)
Balance	$ 875

Accrued Expenses - Schedule of

Accrued Expenses - Schedule of Accrued Expenses (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Payables and Accruals [Abstract]
Employee related	$ 1,431	$ 1,388
Legal and professional fees	343	222
Lease expenses	150	78
Warranty obligation	350	521
Interest and taxes	374	567
Post-retirement benefit obligation	14	18
Other	120	88
Total	$ 2,782	$ 2,882

Accrued Expenses - Schedule o_2

Accrued Expenses - Schedule of Long Term Accrued Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Payables and Accruals [Abstract]
Lease expenses	$ 114	$ 109
Post-retirement benefit obligation	140	97
Total	$ 254	$ 206

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Valuation allowance	$ 16,177	$ 12,317
Deferred tax liability for withholding tax on foreign earnings	2,000	$ 1,900
Additional taxable income resulting from Global Intangible-Low Taxed Income Tax	$ 2,800
Income tax examination description	The Company is subject to possible examinations not yet initiated for federal purposes for the fiscal years 2015, 2016 and 2017. In most cases, the Company is subject to possible examinations for state or local jurisdictions based on the particular jurisdiction's statute of limitations.
Federal Tax Purposes [Member]
Net operating loss carryforwards	$ 42,800
State Tax Purposes [Member]
Net operating loss carryforwards	$ 40,200
Federal and State Tax Purposes [Member]
Operating loss carryforwards for federal and state tax expiring time description	expiring at various times in 2033 through 2037
Foreign Tax Authority [Member]
Tax credit carryforward, descriptions	expire at various times in 2024 through 2026
Tax credit carryforward, amount	$ 2,100

Income Taxes - Schedule of Inco

Income Taxes - Schedule of Income Before Income Tax, Domestic and Foreign (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
United States	$ (16,581)	$ (11,588)
Foreign	6,681	11,414
Total	$ (9,900)	$ (174)

Income Taxes - Schedule of Comp

Income Taxes - Schedule of Components of Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Federal: Current
Federal: Deferred
Federal: Total
State: Current	66	8
State: Deferred
State: Total	66	8
Foreign: Current	2,609	2,348
Foreign: Deferred	(248)	1,062
Foreign: Total	2,361	3,410
Income tax expense (benefit)	$ 2,427	$ 3,418

Income Taxes - Schedule of Effe

Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Expected federal income tax benefit	$ (2,079)	$ (59)
Effect of change to territorial system		(4,071)
State income taxes, net of federal benefit	52	(260)
Foreign tax rate differential	381	(743)
Change in valuation allowance	3,859	3,321
Income tax Reconciliation GILTI	597
Return to provision	(490)	(49)
Foreign dividend inclusion	128
Other	118	5
Total	2,427	3,418
Federal [Member]
Income tax Reconcilation change in enacted tax rate		5,341
State [Member]
Income tax Reconcilation change in enacted tax rate	$ (139)	$ (67)

Income Taxes - Schedule of Defe

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Deferred revenue	$ 228	$ 230
Non-deductible accruals	1,811	206
Inventory reserves	370	451
Stock compensation expense	325	199
Warranty reserves	93	138
Uncollectible receivable reserves	456	458
Net operating losses	10,658	9,204
Fair value adjustment to notes receivable	978	147
Tax credits	2,084	1,642
Depreciation and amortization		79
Disallowed interest expense	394
Other	129	170
Total deferred tax assets	17,526	12,924
Valuation allowance	(16,177)	(12,317)
Net deferred tax assets after valuation allowance	1,349	607
Depreciation and amortization	1,601	923
Cash repatriation	2,012	1,884
Equity in income of equity method investments	252	610
Other		6
Total deferred tax liabilities	3,865	3,423
Net deferred tax liability	$ (2,516)	$ (2,816)

Debt (Details Narrative)

Debt (Details Narrative) $ / shares in Units, $ in Thousands, $ in Thousands	Jun. 29, 2018USD ($)$ / sharesshares	May 22, 2018USD ($)	Sep. 05, 2017CAD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Long-term debt				$ 11,167	$ 1,968
Agreed to sale leaseback in cash				7,000
Warrant maturity term	10 years
Fair value of warrants	$ 81			$ 72
20-year Installment Loan [Member]
Loan term			20 years	20 years
Debt bearing interest fixed rate				4.53%
Canadian Dollar [Member] | 20-year Installment Loan [Member]
Proceeds from Issuance of Debt				$ 4,500
Long-term debt				4,300
Buyer [Member] | Maximum [Member]
Number of warrants to purchase shares | shares	100,000
Tranche One [Member]
Number of warrants to purchase shares | shares	25,000
Warrants to purchase price, per share | $ / shares	$ 10
Tranche Two [Member]
Number of warrants to purchase shares | shares	25,000
Warrants to purchase price, per share | $ / shares	$ 12
Tranche Three [Member]
Number of warrants to purchase shares | shares	25,000
Warrants to purchase price, per share | $ / shares	$ 14
Tranche Four [Member]
Number of warrants to purchase shares | shares	25,000
Warrants to purchase price, per share | $ / shares	$ 16
Alpharetta Facility [Member]
Agreed to sale leaseback in cash	$ 7,000
Sale leaseback term	P10Y
Sale leaseback transaction, annual rental payments	$ 600
Sale leaseback escalating rate	2.00%
Installment Payment Agreement [Member]
Line of credit Facility, maximum borrowing capacity		$ 4,400
Number of installment payments		60 months
Debt description		The borrowings under the agreement are recorded as long-term debt on the Company's consolidated balance sheet. In December 2018, Convergent entered into additional installment payment agreements with other financing companies in order to purchase additional media players and related equipment. This round of financing totaled approximately $0.6 million. Installment payments under each contract are due monthly for a period of 60 months.
Installment Note Media Players and Related Equipment [Member]
Proceeds from Issuance of Debt		$ 600
Equipment Term Loans [Member]
Long-term debt				$ 4,400
Weighted average fixed rate				6.80%
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] | 20-year Installment Loan [Member]
Loan term			20 years
Demand Credit Agreement [Member] | 20-year Installment Loan [Member] | Prime Rate [Member]
Interest rate on lender of installment loans			0.50%
Demand Credit Agreement [Member] | 5-year Installment Loan [Member]
Loan term			5 years
Demand Credit Agreement [Member] | 5-year Installment Loan [Member] | Prime Rate [Member]
Interest rate on lender of installment loans			0.50%
Demand Credit Agreement [Member] | Canadian Dollar [Member]
Minimum effective equity			$ 8,000
Demand Credit Agreement [Member] | Canadian Dollar [Member] | 20-year Installment Loan [Member]
Line of credit Facility, maximum borrowing capacity			6,000
Demand Credit Agreement [Member] | Canadian Dollar [Member] | 5-year Installment Loan [Member]
Line of credit Facility, maximum borrowing capacity			500
Demand Credit Agreement [Member] | Line of Credit [Member] | Canadian Dollar [Member]
Line of credit Facility, maximum borrowing capacity			$ 3,500

Debt - Schedule of Debt (Detail

Debt - Schedule of Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Strong/MDI installment loan	$ 3,152	$ 500
Revolving line of credit		500
Current portion of long-term debt	1,094	65
Total short-term debt	4,246	565
Total principal balance of long-term debt	11,167	1,968
Less: current portion	(1,094)	(65)
Less: unamortized debt issuance costs	(20)	(33)
Total long-term debt	10,053	1,870
Total short-term and long-term debt	14,299	2,435
Strong/MDI Installment Loan [Member]
Strong/MDI installment loan	3,152
Sale-leaseback Financing [Member]
Total principal balance of long-term debt	6,769
Equipment Term Loans [Member]
Total principal balance of long-term debt	4,398
Mortgage Term Loan [Member]
Total principal balance of long-term debt		$ 1,968

Debt - Schedule of Warrants Iss

Debt - Schedule of Warrants Issued, Fair Value Assumptions, Method Used (Details)	12 Months Ended
	Dec. 31, 2018
Expected Dividend Yield at Date of Grant [Member]
Fair value assumptions, measurement input, percentages	0.00%
Risk - Free Interest Rate [Member]
Fair value assumptions, measurement input, percentages	2.81%
Expected Stock Price Volatility [Member]
Fair value assumptions, measurement input, percentages	37.01%
Expected Life of Warrants [Member]
Fair value assumptions, measurement input, term	7 years

Debt - Schedule of Long-term De

Debt - Schedule of Long-term Debt Maturities (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Debt Disclosure [Abstract]
2019	$ 1,094
2020	1,177
2021	1,267
2022	1,364
2023	1,017
Thereafter	5,248
Total	$ 11,167	$ 1,968

Stock Compensation (Details Nar

Stock Compensation (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Number of shares granted	437,500
Restricted Stock [Member]
Compensation cost expected to be recognized, weighted average period	1 year 8 months 12 days
Number of shares awarded	277,498	115,835
Weighted average grant date fair value of restricted stock awarded	$ 3.33	$ 6.58
Restricted stock, vested in period, fair value	$ 300	$ 400
Unrecognized for restricted stock, value	$ 800
Stock Options [Member]
Number of shares granted	437,500	435,000
Share based compensation arrangement by share based payment award options grants in period weighted average grant date fair value	$ 1.72	$ 2.42
Intrinsic value of options exercised		$ 45
Share-based compensation arrangement by share-based payment award, options, non-vested, number	678,000
Total unrecognized compensation cost related to stock option awards	$ 1,100
Compensation cost expected to be recognized, weighted average period	3 years 6 months
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	1,049,156
Selling, General and Administrative Expenses [Member]
Share based compensation expense	$ 800	$ 700

Stock Compensation - Schedule o

Stock Compensation - Schedule of Weighted Average Assumptions for Fair Value of Stock Options Granted During the Period (Details)	12 Months Ended
	Dec. 31, 2018	Dec. 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	2.53%	1.99%
Expected stock price volatility	35.93%	34.85%
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	12 Months Ended
	Dec. 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	437,500
Number of Options, Exercised | shares
Number of Options, Forfeited | shares	(344,500)
Number of Options, Expired | shares	(156,300)
Number of Options, Outstanding Ending Balance | shares	867,000
Number of Options, Exercisable | shares	189,000
Weighted Average Exercise Price Per Share, Outstanding Beginning Balance | $ / shares	$ 5.63
Weighted Average Exercise Price Per Share, Granted | $ / shares	4.42
Weighted Average Exercise Price Per Share, Exercised | $ / shares
Weighted Average Exercise Price Per Share, Forfeited | $ / shares	5.62
Weighted Average Exercise Price Per Share, Expired | $ / shares	4.95
Weighted Average Exercise Price Per Share, Outstanding Ending Balance | $ / shares	5.06
Weighted Average Exercise Price Per Share, Exercisable | $ / shares	$ 5.08
Weighted Average Remaining Contractual Term, Beginning Balance	8 years 8 months 12 days
Weighted Average Remaining Contractual Term, Ending Balance	8 years 3 months 19 days
Weighted Average Remaining Contractual Term, Exercisable	7 years 3 months 19 days
Aggregate Intrinsic Value, Beginning Balance | $	$ 150
Aggregate Intrinsic Value, Ending Balance | $
Aggregate Intrinsic Value, Exercisable | $

Stock Compensation - Summary _2

Stock Compensation - Summary of Restricted Stock Activity (Details) - Restricted Stock Shares [Member]	12 Months Ended
	Dec. 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	(10,000)
Number of Restricted Stock, Non-vested ending balance | shares	46,667
Weighted Average Grant Date Fair Value, Non-vested Beginning Balance | $ / shares	$ 6.50
Weighted Average Grant Date Fair Value, Granted | $ / shares
Weighted Average Grant Date Fair Value, Vested | $ / shares	6.50
Weighted Average Grant Date Fair Value, Forfeited | $ / shares	6.50
Weighted Average Grant Date Fair Value, Non-vested Ending Balance | $ / shares	$ 6.50

Stock Compensation - Schedule_2

Stock Compensation - Schedule of Nonvested Restricted Stock Units Activity (Details) - Restricted Stock Units (RSUs) [Member]	12 Months Ended
	Dec. 31, 2018$ / sharesshares
Number of Restricted Stock, Non-vested beginning balance | shares	35,835
Number of Restricted Stock, Granted | shares	277,498
Number of Restricted Stock, vested | shares	(35,835)
Number of Restricted Stock, forfeited | shares
Number of Restricted Stock, Non-vested ending balance | shares	277,498
Weighted Average Grant Date Fair Value, Non-vested beginning balance | $ / shares	$ 6.45
Weighted Average Grant Date Fair Value, Granted | $ / shares	3.33
Weighted Average Grant Date Fair Value, Vested | $ / shares	6.45
Weighted Average Grant Date Fair Value, Forfeited | $ / shares
Weighted Average Grant Date Fair Value, Non-vested ending balance | $ / shares	$ 3.33

Compensation and Benefit Plans

Compensation and Benefit Plans (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Retirement Benefits [Abstract]
Defined contribution plan, maximum annual contributions per employee, percent	100.00%
Defined contribution plan, employer matching contribution, percent of employees' gross pay	50.00%
Defined contribution employee deferral percent employer match applies	6.00%
Defined contribution employer contributions	$ 400	$ 400

Leases (Details Narrative)

Leases (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Leases [Abstract]
Operating lease expire, term	expiring through 2022
Operating leases, rent expense	$ 900	$ 500

Leases - Schedule of Future Min

Leases - Schedule of Future Minimum Lease Payments (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Leases [Abstract]
Capital Leases, 2019	$ 219
Capital Leases, 2020	139
Capital Leases, 2021	139
Capital Leases, 2022	139
Capital Leases, 2023	128
Capital Leases, Thereafter	4
Total minimum Capital lease payments	768
Less: Amount representing interest	(181)
Present value of minimum lease payments	587
Less: Current maturities	(160)	$ (189)
Capital lease obligations, net of current portion	427	$ 113
Operating Leases, 2019	1,740
Operating Leases, 2020	1,537
Operating Leases, 2021	1,420
Operating Leases, 2022	1,081
Operating Leases, 2023
Operating Leases, Thereafter
Total minimum Operating lease payments	$ 5,778

Contingencies and Concentrati_2

Contingencies and Concentrations (Details Narrative) - Customer Concentration Risk [Member]	12 Months Ended
	Dec. 31, 2018
Sales Revenue, Net [Member] | Top Strong Cinema Customer [Member]
Concentration risk, percentage	14.00%
Sales Revenue, Net [Member] | Top 10 Customers [Member]
Concentration risk, percentage	46.00%
Accounts Receivable [Member]
Concentration risk, percentage	45.00%

Business Segment Information (D

Business Segment Information (Details Narrative)	12 Months Ended
	Dec. 31, 2018Segments
Segment Reporting [Abstract]
Number of business segment	3

Business Segment Information -

Business Segment Information - Schedule of Segment Reporting Information by Segment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Total net revenue	$ 64,689	$ 72,646
Total gross profit	12,179	18,934
Loss from operations	10,349	2,814
Loss before taxes and equity method investment (loss) income	9,348	2,132
Business Segments [Member]
Segment Reporting Information [Line Items]
Total segment net revenue	65,511	73,461
Eliminations	(822)	(815)
Total net revenue	64,689	72,646
Total segment gross profit	12,236	18,934
Eliminations	(57)
Total gross profit	12,179	18,934
Total segment operating (loss) income	(455)	6,394
Unallocated general and administrative expenses	(9,076)	(9,208)
Unallocated loss on disposal of assets	(818)
Loss from operations	(10,349)	(2,814)
Other income, net	1,001	682
Loss before taxes and equity method investment (loss) income	(9,348)	(2,132)
Capital expenditures	1,984	3,275
Depreciation, amortization and impairment	5,154	2,181
Business Segments [Member] | Strong Cinema [Member]
Segment Reporting Information [Line Items]
Total segment net revenue	44,361	48,938
Total segment gross profit	14,710	14,919
Total segment operating (loss) income	10,407	10,678
Capital expenditures	639	810
Depreciation, amortization and impairment	892	912
Business Segments [Member] | Convergent [Member]
Segment Reporting Information [Line Items]
Total segment net revenue	17,210	24,348
Total segment gross profit	2,061	3,840
Total segment operating (loss) income	(4,483)	(3,944)
Capital expenditures	1,056	1,909
Depreciation, amortization and impairment	2,904	1,000
Business Segments [Member] | Strong Outdoor [Member]
Segment Reporting Information [Line Items]
Total segment net revenue	3,632
Total segment gross profit	(4,843)
Total segment operating (loss) income	(6,070)
Capital expenditures	286
Depreciation, amortization and impairment	267
Business Segments [Member] | Other [Member]
Segment Reporting Information [Line Items]
Total segment net revenue	308	175
Total segment gross profit	308	175
Total segment operating (loss) income	(309)	(340)
Business Segments [Member] | Unallocated [Member]
Segment Reporting Information [Line Items]
Capital expenditures	3	556
Depreciation, amortization and impairment	$ 1,091	$ 269

Business Segment Information _2

Business Segment Information - Reconciliation of Assets from Segment to Consolidated (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Identifiable assets	$ 59,637	$ 59,014
Business Segments [Member] | Strong Cinema [Member]
Identifiable assets	27,009	27,358
Business Segments [Member] | Convergent [Member]
Identifiable assets	14,024	13,603
Business Segments [Member] | Strong Outdoor [Member]
Identifiable assets	3,454
Business Segments [Member] | Corporate Assets [Member]
Identifiable assets	$ 15,150	$ 18,053

Business Segment Information _3

Business Segment Information - Schedule of Segment Reporting Information by Geographic Area (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Net revenue	$ 64,689	$ 72,646
United States [Member]
Net revenue	51,950	57,479
Canada [Member]
Net revenue	5,055	5,535
China [Member]
Net revenue	2,126	5,031
Mexico [Member]
Net revenue	2,910	1,736
Latin America [Member]
Net revenue	803	1,557
Europe [Member]
Net revenue	1,096	681
Asia (Excluding China) [Member]
Net revenue	518	274
Other [Member]
Net revenue	$ 231	$ 353

Business Segment Information _4

Business Segment Information - Summary of Identifiable Assets by Geographical Area (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Identifiable assets	$ 59,637	$ 59,014
United States [Member]
Identifiable assets	42,780	37,230
Canada [Member]
Identifiable assets	$ 16,857	$ 21,784

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	Sep. 09, 2018	Dec. 31, 2018	Dec. 31, 2017
Proceeds from sale of equity method investments		$ 4,531
Fundamental Global Investors, LLC [Member]
Percentage of affiliates hold outstanding shares of common stock approximately		36.10%
Sale of stock, description of transaction	The per share transaction price of $3.95 represented the immediately preceding closing price on the NYSE American stock exchange, and the transaction was approved by the Company's Audit Committee, comprised of only independent directors.
BK Technologies, Inc. [Member]
Number of common stock sold	1,147,087
Sale of stock price per share	$ 3.95
Proceeds from sale of equity method investments	$ 4,500