FG (FGH) 10-Q 8 Nov 22 2022 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2022	Nov. 04, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2022
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--12-31
Entity File Number	1-13906
Entity Registrant Name	BALLANTYNE STRONG, INC.
Entity Central Index Key	0000946454
Entity Tax Identification Number	47-0587703
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	5960 Fairview Road
Entity Address, Address Line Two	Suite 275
Entity Address, City or Town	Charlotte
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	28210
City Area Code	(704)
Local Phone Number	994-8279
Title of 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	BTN
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		19,469,649

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 4,191	$ 8,731
Restricted cash	151	150
Accounts receivable (net of allowance for doubtful accounts of $557 and $607, respectively)	4,900	4,631
Inventories, net	3,666	3,271
Other current assets	4,760	4,992
Total current assets	17,668	21,775
Property, plant and equipment, net	13,345	6,226
Operating lease right-of-use assets	335	3,975
Finance lease right-of-use asset	63
Note receivable, net of current portion		1,667
Equity holdings	35,624	41,133
Film and television programming rights, net	1,449
Intangible assets, net	8	69
Goodwill	871	942
Other assets	1	22
Total assets	69,364	75,809
Current liabilities:
Accounts payable	4,378	4,245
Accrued expenses	4,089	2,994
Short-term debt	2,686	2,998
Current portion of long-term debt	213	23
Current portion of operating lease obligations	114	577
Current portion of finance lease obligations	12
Deferred revenue and customer deposits	2,277	3,292
Total current liabilities	13,769	14,129
Operating lease obligations, net of current portion	287	3,586
Finance lease obligations, net of current portion	51
Long-term debt, net of current portion and deferred debt issuance costs, net	5,056	105
Deferred income taxes	4,980	5,594
Other long-term liabilities	631	118
Total liabilities	24,774	23,532
Commitments, contingencies and concentrations (Note 15)
Stockholders’ equity:
Preferred stock, par value $.01 per share; authorized 1,000 shares, none outstanding
Common stock, par value $.01 per share; authorized 50,000 and 25,000 shares at September 30, 2022 and December 31, 2021, respectively; issued 22,231 and 21,286 shares at September 30, 2022 and December 31, 2021, respectively; outstanding 19,437 and 18,492 shares at September 30, 2022 and December 31, 2021, respectively	222	213
Additional paid-in capital	53,752	50,807
Retained earnings	14,992	23,591
Treasury stock, 2,794 shares at cost	(18,586)	(18,586)
Accumulated other comprehensive loss	(5,790)	(3,748)
Total stockholders’ equity	44,590	52,277
Total liabilities and stockholders’ equity	$ 69,364	$ 75,809

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) shares in Thousands, $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Allowance for doubtful accounts receivable	$ 557	$ 607
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	1,000	1,000
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	50,000	25,000
Common stock, shares issued	22,231	21,286
Common stock, shares outstanding	19,437	18,492

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Total net revenues	$ 10,274	$ 6,116	$ 29,442	$ 16,981
Total cost of revenues	7,534	3,668	21,772	10,909
Gross profit	2,740	2,448	7,670	6,072
Selling and administrative expenses:
Selling	499	411	1,723	1,158
Administrative	2,533	2,155	7,887	6,775
Total selling and administrative expenses	3,032	2,566	9,610	7,933
Loss from operations	(292)	(118)	(1,940)	(1,861)
Other income (expense):
Interest income		21	7	54
Interest expense	(91)	(28)	(238)	(284)
Foreign currency transaction gain (loss)	517	162	382	(56)
Unrealized (loss) gain on equity holdings	(1,301)	8,376	(3,752)	8,376
Other income (expense), net	11	1,692	(187)	1,847
Total other (expense) income	(864)	10,223	(3,788)	9,937
(Loss) income from continuing operations before income taxes and equity method holding loss	(1,156)	10,105	(5,728)	8,076
Income tax expense	(245)	(2,696)	(292)	(2,788)
Equity method holding loss	(798)	(323)	(2,578)	(1,468)
Net (loss) income from continuing operations	(2,199)	7,086	(8,598)	3,820
Net income from discontinued operations (Note 3)				14,649
Net (loss) income	$ (2,199)	$ 7,086	$ (8,598)	$ 18,469
Basic and diluted net (loss) income per share
Continuing operations	$ (0.11)	$ 0.38	$ (0.45)	$ 0.21
Discontinued operations				0.81
Basic and diluted net (loss) income per share	$ (0.11)	$ 0.38	$ (0.45)	$ 1.02
Weighted-average shares used in computing net (loss) income per share:
Basic	19,437	18,437	19,235	17,870
Diluted	19,437	18,700	19,235	18,042
Product [Member]
Total net revenues	$ 7,690	$ 4,086	$ 22,076	$ 11,811
Total cost of revenues	5,543	2,624	16,234	7,831
Service [Member]
Total net revenues	2,584	2,030	7,366	5,170
Total cost of revenues	$ 1,991	$ 1,044	$ 5,538	$ 3,078

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive (Loss) Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Statement [Abstract]
Net (loss) income	$ (2,199)	$ 7,086	$ (8,598)	$ 18,469
Adjustment to postretirement benefit obligation	(4)	(8)	(15)	(54)
Removal of unrealized gain on available-for sale securities of equity method holding	(121)		(121)
Currency translation adjustment:
Unrealized net change arising during period	(1,353)	(60)	(1,906)	(314)
Total other comprehensive loss	(1,478)	(68)	(2,042)	(368)
Comprehensive (loss) income	$ (3,677)	$ 7,018	$ (10,640)	$ 18,101

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) shares in Thousands, $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	AOCI Attributable to Parent [Member]	Total
Beginning balance, value at Dec. 31, 2020	$ 176	$ 43,713	$ 5,654	$ (18,586)	$ (3,891)	$ 27,066
Beginning balance, shares at Dec. 31, 2020	17,596
Net income (loss)			11,811			11,811
Net other comprehensive loss					(402)	(402)
Issuance of common stock, net of issuance costs	$ 33	6,277				6,310
Issuance of common stock, net of issuance costs, shares	3,290
Stock-based compensation expense		314				314
Vesting of restricted stock	$ 2	(9)				(7)
Vesting of restricted stock, shares	209
Ending balance, value at Mar. 31, 2021	$ 211	50,295	17,465	(18,586)	(4,293)	45,092
Ending balance, shares at Mar. 31, 2021	21,095
Beginning balance, value at Dec. 31, 2020	$ 176	43,713	5,654	(18,586)	(3,891)	27,066
Beginning balance, shares at Dec. 31, 2020	17,596
Net income (loss)						18,469
Ending balance, value at Sep. 30, 2021	$ 212	50,603	24,123	(18,586)	(4,259)	52,093
Ending balance, shares at Sep. 30, 2021	21,231
Beginning balance, value at Mar. 31, 2021	$ 211	50,295	17,465	(18,586)	(4,293)	45,092
Beginning balance, shares at Mar. 31, 2021	21,095
Net income (loss)			(428)			(428)
Net other comprehensive loss					102	102
Stock-based compensation expense		159				159
Vesting of restricted stock	$ 1	(73)				(72)
Vesting of restricted stock, shares	65
Stock option exercise		9				9
Stock option exercise, shares	4
Ending balance, value at Jun. 30, 2021	$ 212	50,390	17,037	(18,586)	(4,191)	44,862
Ending balance, shares at Jun. 30, 2021	21,164
Net income (loss)			7,086			7,086
Net other comprehensive loss					(68)	(68)
Stock-based compensation expense		213				213
Vesting of restricted stock
Vesting of restricted stock, shares	67
Ending balance, value at Sep. 30, 2021	$ 212	50,603	24,123	(18,586)	(4,259)	52,093
Ending balance, shares at Sep. 30, 2021	21,231
Beginning balance, value at Dec. 31, 2021	$ 213	50,807	23,591	(18,586)	(3,748)	52,277
Beginning balance, shares at Dec. 31, 2021	21,286
Net income (loss)			(802)			(802)
Net other comprehensive loss					170	170
Issuance of common stock, net of issuance costs	$ 8	2,342				2,350
Issuance of common stock, net of issuance costs, shares	761
Issuance of warrants		109				109
Stock-based compensation expense		194				194
Ending balance, value at Mar. 31, 2022	$ 221	53,452	22,789	(18,586)	(3,578)	54,298
Ending balance, shares at Mar. 31, 2022	22,047
Beginning balance, value at Dec. 31, 2021	$ 213	50,807	23,591	(18,586)	(3,748)	52,277
Beginning balance, shares at Dec. 31, 2021	21,286
Net income (loss)						$ (8,598)
Stock option exercise, shares
Ending balance, value at Sep. 30, 2022	$ 222	53,752	14,992	(18,586)	(5,790)	$ 44,590
Ending balance, shares at Sep. 30, 2022	22,231
Beginning balance, value at Mar. 31, 2022	$ 221	53,452	22,789	(18,586)	(3,578)	54,298
Beginning balance, shares at Mar. 31, 2022	22,047
Net income (loss)			(5,598)			(5,598)
Net other comprehensive loss					(734)	(734)
Stock-based compensation expense		175				175
Vesting of restricted stock		(16)				(16)
Vesting of restricted stock, shares	73
Ending balance, value at Jun. 30, 2022	$ 221	53,611	17,191	(18,586)	(4,312)	48,125
Ending balance, shares at Jun. 30, 2022	22,120
Net income (loss)			(2,199)			(2,199)
Net other comprehensive loss					(1,478)	(1,478)
Stock-based compensation expense		142				142
Vesting of restricted stock	$ 1	(1)
Vesting of restricted stock, shares	111
Ending balance, value at Sep. 30, 2022	$ 222	$ 53,752	$ 14,992	$ (18,586)	$ (5,790)	$ 44,590
Ending balance, shares at Sep. 30, 2022	22,231

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Cash flows from operating activities:
Net (loss) income from continuing operations	$ (8,598)	$ 3,820
Adjustments to reconcile net (loss) income from continuing operations to net cash (used in) provided by operating activities:
Provision for (recovery of) doubtful accounts	11	(249)
Provision for obsolete inventory		69
Provision for warranty	9	46
Depreciation and amortization	1,038	985
Amortization and accretion of operating leases	166	620
Equity method holding loss	2,578	1,468
Adjustment to SageNet promissory note in connection with prepayment (Note 3)	202
Unrealized loss on equity holdings	3,752	(8,376)
Deferred income taxes	(435)	2,124
Stock-based compensation expense	511	686
Changes in operating assets and liabilities:
Accounts receivable	(394)	1,287
Inventories	(556)	(793)
Current income taxes	117	(6)
Other assets	1,455	(2,028)
Accounts payable and accrued expenses	(1,490)	(1,373)
Deferred revenue and customer deposits	(975)	2,002
Operating lease obligations	(161)	(617)
Net cash used in operating activities from continuing operations	(2,770)	(335)
Net cash provided by operating activities from discontinued operations		510
Net cash (used in) provided by operating activities	(2,770)	175
Cash flows from investing activities:
Capital expenditures	(858)	(650)
Acquisition of programming rights	(407)
Purchase of common shares of FG Financial Group, Inc. (Note 7)	(2,000)
Purchase of common shares of GreenFirst Forest Products, Inc. (Note 7)		(9,977)
Receipt of SageNet promissory note (Note 3)	2,300
Net cash used in investing activities from continuing operations	(965)	(10,627)
Net cash provided by investing activities from discontinued operations		12,761
Net cash (used in) provided by investing activities	(965)	2,134
Cash flows from financing activities:
Principal payments on short-term debt	(487)	(509)
Principal payments on long-term debt	(114)
Proceeds from stock issuance, net of costs		6,310
Payments of withholding taxes related to net share settlement of equity awards	(15)	(80)
Proceeds from exercise of stock options		9
Payments on capital lease obligations	(5)	(2,106)
Net cash (used in) provided by financing activities from continuing operations	(621)	3,624
Net cash used in financing activities from discontinued operations		(155)
Net cash (used in) provided by financing activities	(621)	3,469
Effect of exchange rate changes on cash and cash equivalents	(184)	(43)
Net decrease in cash and cash equivalents and restricted cash from continuing operations	(4,540)	(7,381)
Net increase in cash and cash equivalents and restricted cash from discontinued operations		13,116
Net (decrease) increase in cash and cash equivalents and restricted cash	(4,540)	5,735
Cash and cash equivalents and restricted cash at beginning of period	8,882	4,787
Cash and cash equivalents and restricted cash at end of period	4,342	10,522
Components of cash and cash equivalents and restricted cash:
Cash and cash equivalents	4,191	10,372
Restricted cash	151	150
Total cash and cash equivalents and restricted cash	4,342	10,522
Supplemental disclosure of non-cash investing and financing activities:
Short-term borrowings to finance insurance	392	140
Issuance of debt, common shares, and warrants in connection with purchase of Digital Ignition building	7,609
Amount payable to Landmark Studio Group in connection with aquistion of projects (Note 9)	$ 1,345

Nature of Operations

Nature of Operations	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	1. Nature of Operations Ballantyne Strong, Inc. (“Ballantyne Strong,” or the “Company”), a Delaware corporation, is a holding company with business operations in the entertainment industry and holdings in public and privately held companies. The Company historically has conducted a large portion of its operations primarily through its Strong Entertainment operating segment, which manufactures and distributes premium large format projection screens and provides technical support services and other related products and services to the cinema exhibition industry, theme parks, schools, museums and other entertainment-related markets. Strong Entertainment also distributes and supports third party products, including digital projectors, servers, library management systems, menu boards and sound systems. The Company owns and operates its Digital Ignition technology incubator and co-working facility in Alpharetta, Georgia. In addition, the Company holds minority positions in one privately held company and two publicly traded companies. The Company recently launched Strong Studios, Inc., (“Strong Studios”) with the goal of expanding Strong Entertainment to include content creation and production of feature films and series. The launch of Strong Studios is intended to further diversify our revenue streams and increase our addressable markets, while leveraging and expanding our existing relationships in the industry. The Company announced plans to establish the Strong Entertainment business as a separate publicly listed company. Following the planned separation, the operations of the Strong Entertainment operating segment are expected to become part of a newly established British Columbia corporation, Strong Global Entertainment, Inc. (“Strong Global Entertainment”). Strong Global Entertainment has filed a registration statement with the U.S. Securities and Exchange Commission (“SEC”) and intends to commence an initial public offering of its common shares during late 2022 or early 2023 to raise additional capital to support its growth plans. If successful, the Company expects to apply to have the Strong Global Entertainment common shares trade on the NYSE American under the ticker symbol “SGE” following the initial public offering, and the Company would expect to continue to be the majority shareholder of Strong Global Entertainment. Effective July 20, 2022, the Company’s Board of Directors approved the relocation of Ballantyne Strong’s headquarters from 4201 Congress Street, Suite 175, Charlotte, North Carolina, 28209 to 5960 Fairview Road, Suite 275, Charlotte North Carolina, 28210. In February 2021, the Company completed the sale of its Convergent business segment. As a result of the divestiture, the Company has presented Convergent’s operating results as discontinued operations for all periods presented. See Note 3 for additional details.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Basis of Presentation and Principles of Consolidation The condensed consolidated financial statements include the accounts of the Company and all majority-owned and controlled domestic and foreign subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. The condensed consolidated financial statements included in this report are presented in accordance with the requirements of Form 10-Q and consequently do not include all of the disclosures normally required by accounting principles generally accepted in the United States of America (also referred to as “GAAP”) for annual reporting purposes or those made in the Company’s Annual Report on Form 10-K. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021. The condensed consolidated balance sheet as of December 31, 2021, was derived from the Company’s audited consolidated balance sheet as of that date. All other condensed consolidated financial statements contained herein are unaudited and, in the opinion of management, reflect all adjustments of a normal recurring nature necessary to present a fair statement of the financial position and the results of operations and cash flows for the respective interim periods. Certain prior period balances have been reclassified to conform to current period presentation. The results for interim periods are not necessarily indicative of trends or results expected for a full year. Unless otherwise indicated, all references to “dollars” and “$” in this Quarterly Report on Form 10-Q are to, and amounts are presented in, U.S. dollars. Use of Management Estimates The preparation of consolidated financial statements in conformity with GAAP 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. Uncertainty remains surrounding the COVID-19 global pandemic and ongoing geopolitical tensions, and the extent and duration of the impacts that these and other events may have on the Company, as well as its customers, suppliers, and employees. While cinema and theme park operators in the United States and other parts of the world are in various stages of returning to “normal”, there continue to be spikes in COVID-19 cases and new variants in various parts of the world that could impact the pace of recovery in our markets. Accordingly, there continues to be a heightened potential for future reserves against trade receivables, inventory write downs, and impairments of long-lived assets, goodwill, intangible assets and equity holdings. In the current environment, assumptions about future financial and operational performance, supply chain pricing and availability and customer creditworthiness have greater variability than normal, which could in the future significantly affect the valuation of the Company’s assets, both financial and non-financial. As an understanding of the longer-term impacts of COVID-19 and ongoing geopolitical tensions on the Company’s customers and business develops, there is heightened potential for changes in these views over the remainder of 2022, and potentially beyond. Cash and Cash Equivalents All short-term, highly liquid financial instruments are classified as cash equivalents in the condensed consolidated balance sheets and statements of cash flows. Generally, these instruments have maturities of three months or less from date of purchase. As of September 30, 2022, $ 1.6 4.2 Restricted Cash Restricted cash represents amounts held in a collateral account for the Company’s corporate travel and purchasing credit card program. Accounts 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. Past due accounts are written off when our efforts have been unsuccessful in collecting amounts due. Equity Holdings The Company accounts for its equity holdings using the equity method, at cost, or at fair value depending on the facts and circumstances related to each individual holding. The Company applies the equity method of accounting to its holdings when it has significant influence, but not controlling interest, in the entity. Judgment regarding the level of influence over each equity method holding 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 loss resulting from these equity holdings is reported under the line item captioned “equity method holding loss” in our condensed consolidated statements of operations. The Company’s equity method holdings are reported at cost and adjusted each period for the Company’s share of the entity’s income or loss and dividends paid, if any. The Company’s share of the entity’s income or loss is recorded on a one quarter lag for all equity method holdings. The Company classifies distributions received from equity method holdings using the cumulative earnings approach on the condensed consolidated statements of cash flows. Changes in fair value of holdings in marketable equity securities of unconsolidated entities in which the Company is not able to exercise significant influence (“Fair Value Holdings”) are recognized on the consolidated statement of operations. Nonmarketable equity holdings in unconsolidated entities in which the Company is not able to exercise significant influence (“Cost Method Holdings”) are accounted for at the Company’s initial cost, minus any impairment (if any), plus or minus changes resulting from observable price changes in orderly transactions for the identical or a similar holding or security of the same issuer. Dividends on Fair Value Holdings and Cost Method Holdings received are recorded as income. The Company assesses its equity holdings for impairment whenever events or changes in circumstances indicate that the carrying value of an equity holding may not be recoverable. Management reviewed the underlying net assets of the Company’s equity method holding as of September 30, 2022 and determined that the Company’s proportionate economic interest in the entity indicates that the equity holding was not impaired. There were no observable price changes in orderly transactions for identical or a similar holding or security of the Company’s Cost Method Holding during the nine months ended September 30, 2022. The carrying value of our equity method, Fair Value Holdings and Cost Method Holdings is reported as “equity holdings” on the condensed consolidated balance sheets. Notes 3 and 7 contain additional information on our equity method, Fair Value Holdings and Cost Method Holdings. Film and Television Programming Rights Commencing in March 2022, the Company began producing original productions and acquiring rights to films and television programming. Film and television programming rights include the unamortized costs of in-process or in-development content produced or acquired by the Company. The Company’s capitalized costs include all direct production and financing costs, capitalized interest when applicable, and production overhead. Film and television program rights are stated at the lower of amortized cost or estimated fair value. The costs of producing content are amortized using the individual-film-forecast method. These costs are amortized based on the ratio of the current period’s revenues to management’s estimated remaining total gross revenues to be earned (“Ultimate Revenue”) as of each reporting date to reflect the most current available information. Management’s judgment is required in estimating Ultimate Revenue and the costs to be incurred throughout the life of each film or television program. Amortization is adjusted when necessary to reflect increases or decreases in forecasted Ultimate Revenues. For an episodic television series, the period over which Ultimate Revenues are estimated cannot exceed ten years following the date of delivery of the first episode, or, if still in production, five years from the date of delivery of the most recent episode, if later. For films, Ultimate Revenue includes estimates over a period not to exceed ten years following the date of initial release. Content assets are expected to be predominantly monetized individually and therefore are reviewed at the individual level when an event or change in circumstance indicates a change in the expected usefulness of the content or the fair value may be less than the unamortized cost. Due to the inherent uncertainties involved in making such estimates of Ultimate Revenues and expenses, these estimates may differ from actual results. In addition, in the normal course of our business, some films and titles will be more successful or less successful than anticipated. Management regularly reviews and revises, when necessary, its Ultimate Revenue and cost estimates, which may result in a change in the rate of amortization of film costs and participations and residuals and/or a write-down of all or a portion of the unamortized costs of the film or television program to its estimated fair value. An increase in the estimate of Ultimate Revenue will generally result in a lower amortization rate and, therefore, less film and television program amortization expense, while a decrease in the estimate of Ultimate Revenue will generally result in a higher amortization rate and, therefore, higher film and television program amortization expense, and also periodically result in an impairment requiring a write-down of the film cost to the title’s fair value. The Company has not yet incurred any of these write-downs. An impairment charge would be recorded in the amount by which the unamortized costs exceed the estimated fair value. Estimates of future revenue involve measurement uncertainties and it is therefore possible that reductions in the carrying value of film library costs may be required because of changes in management’s future revenue estimates. Fair Value of Financial Instruments Assets and liabilities measured at fair value are categorized into a fair value hierarchy based upon the observability of inputs to the valuation of an asset or liability as of the measurement date. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. The categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Financial assets and liabilities carried at fair value are classified and disclosed in one of the following three categories: ● Level 1 – inputs to the valuation techniques are quoted prices in active markets for identical assets or liabilities ● Level 2 – inputs to the valuation techniques are other than quoted prices but are observable for the assets or liabilities, either directly or indirectly ● Level 3 – inputs to the valuation techniques are unobservable for the assets or liabilities The following tables present the Company’s financial assets measured at fair value based upon the level within the fair value hierarchy in which the fair value measurements are classified, as of September 30, 2022 and December 31, 2021. Fair values measured on a recurring basis at September 30, 2022 (in thousands): Schedule of Fair Value Measured Financial Assets and Liabilities Level 1 Level 2 Level 3 Total Cash and cash equivalents $ 4,191 $ - $ - $ 4,191 Restricted cash 151 - - 151 Fair value method equity holding 17,876 - - 17,876 Total $ 22,218 $ - $ - $ 22,218 Fair values measured on a recurring basis at December 31, 2021 (in thousands): Level 1 Level 2 Level 3 Total Cash and cash equivalents $ 8,731 $ - $ - $ 8,731 Restricted cash 150 - - 150 Fair value method equity holding 22,467 - - 22,467 Total $ 31,348 $ - $ - $ 31,348 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 a combination of the cash on hand as well as quoted market prices of the securities held by FGF Holdings (as defined below), the liquidation value of the Company’s equity method holding was $ 4.8 Recently Issued Accounting Pronouncements 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 was initially effective for the Company for annual reporting periods beginning after December 15, 2019 and interim periods within those fiscal years. In November 2019, the FASB issued ASU 2019-10, “Financial Instruments – Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates,” which, among other things, defers the effective date of ASU 2016-13 for public filers that are considered smaller reporting companies as defined by the Securities and Exchange Commission to fiscal years beginning after December 15, 2022, including interim periods within those years. Early adoption is permitted. The Company believes the adoption of this ASU will not significantly impact its results of operations and financial position.

Discontinued Operations

Discontinued Operations	9 Months Ended
	Sep. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	3. Discontinued Operations Convergent As part of a transaction that closed in February 2021, the Company divested its Convergent business segment. The Company’s Convergent business segment delivered digital signage solutions and related services to large multi-location organizations in the United States and Canada. On February 1, 2021, the Company entered into an Equity Purchase Agreement (together with the other related documents defined therein, the “Purchase Agreement”), and closed the transactions contemplated by the Purchase Agreement, with SageNet LLC (“SageNet”). Pursuant to the Purchase Agreement, a subsidiary of Ballantyne Strong sold 100 15.0 2.5 5.7 23.2 14.9 2.3 Strong Outdoor As part of transactions in May 2019 and August 2020, the Company divested its Strong Outdoor business segment. The Company’s Strong Outdoor business segment provided outdoor advertising and experiential marketing to advertising agencies and corporate accounts, primarily in New York City. On May 21, 2019, Strong Digital Media, LLC (“SDM”), an indirect subsidiary of Ballantyne Strong, entered into certain agreements with Firefly Systems, Inc. (“Firefly”). As consideration for entering into these agreements, Ballantyne Strong received a total of $ 5.7 0.9 On August 3, 2020, SDM entered into an Asset Purchase Agreement (the “Asset Purchase Agreement”) with Firefly, pursuant to which SDM agreed to sell certain assets primarily related to its Strong Outdoor operating business to Firefly. As consideration for entering into the Asset Purchase Agreement, SDM received approximately $ 3.2 As of September 30, 2022, the Company held approximately $ 5.7 7.2 In August 2020, Ballantyne Strong entered into a Master Services Agreement (the “Master Services Agreement”) with Firefly, pursuant to which Ballantyne Strong agreed to provide certain support services to Firefly, including remote equipment monitoring and diagnostics of screens, until no later than December 31, 2022, and to provide transition advertising instruction and integration services, content management services, ad-hoc reporting and analysis, wireless service, advertising content management services, and mapping data until no later than six months from closing. As consideration for entering into the Master Services Agreement, Ballantyne Strong received $ 2.0 The major line items constituting the net income from discontinued operations are as follows (in thousands): Schedule of Financial Results of Discontinued Operations Convergent Strong Outdoor Total Nine Months Ended September 30, 2021 Convergent Strong Outdoor Total Net revenues $ 1,472 $ - $ 1,472 Cost of revenues 746 - 746 Gross profit 726 - 726 Selling and administrative expenses 1,241 - 1,241 Loss from operations (515 ) - (515 ) Gain on Convergent transaction 14,937 - 14,937 Other income 194 - 194 Income from discontinued operations 14,616 - 14,616 Income tax benefit 33 - 33 Total net income from discontinued operations $ 14,649 $ - $ 14,649

Revenue

Revenue	9 Months Ended
	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue	4. Revenue 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 whether they are distinct, 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 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 or 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 typically does not have any material extended payment terms, as payment is due at or shortly after the time of the sale. Sales, value-added and other taxes collected concurrently with revenue producing activities are excluded from revenue. The Company recognizes contract assets or unbilled receivables related to revenue recognized for services completed but not yet invoiced to the clients. Unbilled receivables are recorded as accounts receivable when the Company has an unconditional right to contract consideration. A contract liability is recognized as deferred revenue when the Company invoices clients, or receives cash, 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. 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. The Company did not have any deferred contract costs as of September 30, 2022 or December 31, 2021. The following tables disaggregate the Company’s revenue by major source and by operating segment for the three and nine months ended September 30, 2022 and 2021 (in thousands): Schedule of Disaggregation of Revenue Three Months Ended September 30, 2022 Three Months Ended September 30, 2021 Strong Entertainment Other Total Strong Entertainment Other Total Screen system sales $ 3,096 $ - $ 3,096 $ 2,193 $ - $ 2,193 Digital equipment sales 3,592 - 3,592 1,408 - 1,408 Extended warranty sales 106 - 106 44 - 44 Other product sales 896 - 896 441 - 441 Total product sales 7,690 - 7,690 4,086 - 4,086 Field maintenance and monitoring services 1,708 - 1,708 1,436 - 1,436 Installation services 453 - 453 244 - 244 Other service revenues 53 370 423 56 294 350 Total service revenues 2,214 370 2,584 1,736 294 2,030 Total $ 9,904 $ 370 $ 10,274 $ 5,822 $ 294 $ 6,116 Nine Months Ended September 30, 2022 Nine Months Ended September 30, 2021 Strong Entertainment Other Total Strong Entertainment Other Total Screen system sales $ 9,341 $ - $ 9,341 $ 6,680 $ - $ 6,680 Digital equipment sales 9,808 - 9,808 3,890 - 3,890 Extended warranty sales 290 - 290 105 - 105 Other product sales 2,637 - 2,637 1,136 - 1,136 Total product sales 22,076 - 22,076 11,811 - 11,811 Field maintenance and monitoring services 4,975 - 4,975 3,545 - 3,545 Installation services 1,294 - 1,294 674 - 674 Other service revenues 101 996 1,097 91 860 951 Total service revenues 6,370 996 7,366 4,310 860 5,170 Total $ 28,446 $ 996 $ 29,442 $ 16,121 $ 860 $ 16,981 Screen system sales The Company typically 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 times because control transfers upon customer delivery. 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. For contracts that are long-term in nature, the Company believes that the use of the percentage-of-completion method is appropriate as the Company has the ability to make reasonably dependable estimates of the extent of progress towards completion, contract revenues, and contract costs. Under the percentage-of-completion method, revenue is recorded based on the ratio of actual costs incurred to total estimated costs expected to be incurred related to the contract. Digital equipment sales The Company recognizes revenue on sales of digital equipment when the control of the equipment is transferred, which typically 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 its Strong Entertainment customers. These contracts are generally 12 months in length. Revenue related to service contracts is recognized ratably over the term of the agreement. In addition to selling service contracts, the Company also performs discrete time and materials-based maintenance and repair work for customers in the Strong Entertainment segment. Revenue related to time and materials-based maintenance and repair work is recognized at the point in time when the performance obligation has been fully satisfied. Installation services The Company performs installation services for its Strong Entertainment customers and recognizes revenue upon completion of the installations. Extended warranty sales The Company performs installation services for its Strong Entertainment customers and recognizes revenue upon completion of the installations. Timing of revenue recognition The following tables disaggregate the Company’s revenue by the timing of transfer of goods or services to the customer for the three and nine months ended September 30, 2022 and 2021 (in thousands): Schedule of Disaggregation of Revenue Three Months Ended September 30, 2022 Three Months Ended September 30, 2021 Strong Entertainment Other Total Strong Entertainment Other Total Point in time $ 8,588 $ 63 $ 8,651 $ 4,795 $ 22 $ 4,817 Over time 1,316 307 1,623 1,027 272 1,299 Total $ 9,904 $ 370 $ 10,274 $ 5,822 $ 294 $ 6,116 Nine Months Ended September 30, 2022 Nine Months Ended September 30, 2021 Strong Entertainment Other Total Strong Entertainment Other Total Point in time $ 24,561 $ 80 $ 24,641 $ 13,648 $ 32 $ 13,680 Over time 3,885 916 4,801 2,473 828 3,301 Total $ 28,446 $ 996 $ 29,442 $ 16,121 $ 860 $ 16,981 At September 30, 2022, the unearned revenue amount associated with long-term projects that the Company uses the percentage-of-completion method to recognize revenue, maintenance and monitoring services and extended warranty sales in which the Company is the primary obligor was $ 0.9 0.8 0.1

Net (Loss) Income Per Common Sh

Net (Loss) Income Per Common Share	9 Months Ended
	Sep. 30, 2022
Basic and diluted net (loss) income per share
Net (Loss) Income Per Common Share	5. Net (Loss) Income Per Common Share Basic net (loss) income per share has been computed on the basis of the weighted average number of shares of common stock outstanding. In periods when the Company reported a net loss from continuing operations, there were no differences between average shares used to compute basic and diluted loss per share as inclusion of stock options and restricted stock units would have been anti-dilutive in those periods. The following table summarizes the weighted average shares used to compute basic and diluted net (loss) income per share (in thousands): Schedule of Reconciliation Weighted Average Between Basic and Diluted Earnings Per Share 2022 2021 2022 2021 Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Weighted average shares outstanding: Basic weighted average shares outstanding 19,437 18,437 19,235 17,870 Dilutive effect of stock options and certain non-vested restricted stock units - 263 - 172 Diluted weighted average shares outstanding 19,437 18,700 19,235 18,042 A total of 159,994 114,408 489,500 329,500

Inventories

Inventories	9 Months Ended
	Sep. 30, 2022
Inventory Disclosure [Abstract]
Inventories	6. Inventories Inventories consisted of the following (in thousands): Schedule of Inventories September 30, 2022 December 31, 2021 Raw materials and components $ 1,591 $ 1,680 Work in process 364 399 Finished goods 1,711 1,192 Inventories, net $ 3,666 $ 3,271 The inventory balances were net of reserves of approximately $ 0.5 Schedule of Inventory Reserve Inventory reserve balance at December 31, 2021 $ 467 Inventory reserve, beginning balance $ 467 Inventory write-offs and other adjustments during 2022 5 Provision for inventory reserve during 2022 - Inventory reserve balance at September 30, 2022 $ 472 Inventory reserve, ending balance $ 472

Equity Holdings

Equity Holdings	9 Months Ended
	Sep. 30, 2022
Equity Method Investments and Joint Ventures [Abstract]
Equity Holdings	7. Equity Holdings The following summarizes our equity holdings (dollars in thousands): Summary of Investments September 30, 2022 December 31 2021 Carrying Amount Economic Interest Carrying Amount Economic Interest Equity Method Holdings FG Financial Holdings, LLC $ 4,850 47.3 % $ - - FG Financial Group, Inc. - - 5,549 25.2 % Fair Value Method Holding GreenFirst Forest Products Inc. 17,876 8.6 % 22,467 8.6 % Cost Method Holding Firefly Systems, Inc. 12,898 13,117 Total Investments $ 35,624 $ 41,133 The following summarizes the loss of equity method holdings reflected in the condensed consolidated statements of operations (in thousands): Summary of Income (Loss) of Equity Method Investees Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Entity FG Financial Group, Inc. $ (798 ) $ 91 $ (2,578 ) $ (318 ) GreenFirst Forest Products Inc. - (414 ) - (1,150 ) Total $ (798 ) $ (323 ) $ (2,578 ) $ (1,468 ) Equity Method Holdings FG Financial Group, Inc. (“FGF”) is a reinsurance and investment management holding company focused on opportunistic collateralized and loss capped reinsurance, while allocating capital to special purpose acquisition companies (each, a “SPAC”) and SPAC sponsor-related businesses. In June 2022, FGF announced the closing of a public offering of common stock of 2,750,000 1.58 1,265,822 2.9 The Company’s Chairman, D. Kyle Cerminara, is the chairman of the board of directors of FGF. Mr. Cerminara is affiliated with entities that, when combined with the Company’s ownership in FGF, own greater than 50 FG Financial Holdings, LLC (“FGF Holdings”) is a limited liability company formed under the Delaware Limited Liability Company Act. The Company is a member of FGF Holdings and contributed its 2.9 50 The Company has the ability to significantly influence FGF Holdings through its 50 2.9 0.9 Consistent with the Company’s policy to recognize the results of its equity method holdings in its statement of operations on a one-quarter lag, the Company will begin to recognize its share of the results of FGF Holdings beginning in the fourth quarter of 2022 (reported in the first quarter of 2023). Based on quoted market prices of the assets held by FGF Holdings, as well as the cash balance on hand, the liquidation value of the Company’s LLC interest in FGF Holdings was approximately $ 4.8 As of September 30, 2022, the Company’s retained earnings included an accumulated deficit from its equity method holdings of approximately $ 9.0 Fair Value Method Holding GreenFirst Forest Products Inc. (“GreenFirst”) is a publicly-traded Canadian company focused on environmentally sustainable forest management and lumber production. In April 2021, GreenFirst announced that it had entered into an asset purchase agreement pursuant to which it would acquire a portfolio of forest and paper product assets (the “GreenFirst Acquisition”). The Company’s Chairman, Mr. Cerminara, served as a member of the board of directors of GreenFirst from June 2016 to October 2021, and was also appointed Chairman of GreenFirst from June 2018 to June 2021. Prior to the closing of the GreenFirst Acquisition, the Company held a 20.7% ownership position in GreenFirst. The Company’s 20.7% ownership of GreenFirst, combined with Mr. Cerminara’s board seat, provided the Company with significant influence over GreenFirst, but not a controlling interest. Accordingly, the Company applied the equity method of accounting to its equity holding in GreenFirst. Following the GreenFirst Acquisition and GreenFirst’s issuance of additional common shares, the Company’s ownership percentage decreased to 8.6%. 1.3 3.8 8.4 17.9 Cost Method Holding The Company holds approximately 1.1 0.6 0.7

Property, Plant and Equipment,

Property, Plant and Equipment, Net	9 Months Ended
	Sep. 30, 2022
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment, Net	8. Property, Plant and Equipment, Net Property, plant and equipment, net consisted of the following as of September 30, 2022 and December 31, 2021 (in thousands): Schedule of Property, Plant and Equipment September 30, 2022 December 31, 2021 Land $ 2,340 $ 51 Buildings and improvements 12,669 6,886 Machinery and other equipment 5,837 5,992 Office furniture and fixtures 846 837 Construction in progress 11 393 Total properties, cost 21,703 14,159 Less: accumulated depreciation (8,358 ) (7,933 ) Property, plant and equipment, net $ 13,345 $ 6,226 In January 2022, the Company, through its wholly owned subsidiary, Digital Ignition, LLC, and Metrolina Alpharetta, LLC (“Metrolina”) entered into an agreement pursuant to which the Company purchased a parcel of land with buildings and improvements in Alpharetta, Georgia. The Company previously leased the building and uses it for its Digital Ignition technology incubator and co-working facility. The purchase price consisted of (i) $ 5.8 0.8 0.1 The Stock Grant was made to Metrolina Capital Investors, LLC (“Metrolina Capital”) and consisted of approximately 0.8 2.3 ten 0.1 3.00

Film and Television Programming

Film and Television Programming Rights, Net	9 Months Ended
	Sep. 30, 2022
Business Combination and Asset Acquisition [Abstract]
Film and Television Programming Rights, Net	9. Film and Television Programming Rights, Net Schedule of Development Assets Acquired September 30, 2022 December 31, 2021 Television series in development $ 1,257 $ - Films in development 192 - Total $ 1,449 $ - The Company has not yet commenced amortization of the projects as they were still in development at September 30, 2022. A rollforward of film and television programming rights, net for the nine months ended September 30, 2022 is as follows (in thousands): Schedule of Film And Television Programming Rights Balance at December 31, 2021 $ - In-process projects acquired from Landmark 1,670 Warrant to be issued to Landmark 364 Expenditures on in-process projects 407 Reclass from other assets 124 Reclass of reimbursable costs associated with Safehaven (1,116 ) Balance at September 30, 2022 $ 1,449 On March 3, 2022, the Company, Strong Studios and Landmark Studio Group LLC (“Landmark”) entered into an Assignment and Attachment Agreement (“AA Agreement”) and a Purchase Agreement, pursuant to which Strong Studios acquired from Landmark the rights to original feature films and television series, and has been assigned third party rights to content for global multiplatform distribution. The transaction entailed the acquisition of certain projects which are in varying stages of development, none of which have, as yet, produced revenue. In connection with such assignment and purchase, Strong Studios agreed to pay to Landmark approximately $ 1.7 0.3 1.7 1.0 Safehaven 0.3 Flagrant 0.4 Shadows in the Vineyard 150,000 2.5 As a condition precedent to entry into the AA Agreement, Strong Studios agreed to enter into distribution agreements for Safehaven Flagrant Safehaven 6.5 Flagrant 2.5 In accordance with Accounting Standards Codification (“ASC”) 926 Entertainment - Films, costs of acquiring and producing films and television programs are capitalized when incurred. In connection with the transaction, and using the guidance in “Acquisition of Assets Rather than a Business” subsections contained within ASC 805 Business Combinations, the Company allocated the $ 1.7 1.4 0.4 The fair value of the Landmark Warrant was estimated on the date of grant using a Black-Scholes valuation model with the following assumptions: Summary of Warrants Granted Valuation Using Black Scholes Pricing Method Expected dividend yield at date of grant 0.00 % Risk-free interest rate 1.7 % Expected stock price volatility 72.9 % Expected life of warrants (in years) 3.0 During the second quarter of 2022, Safehaven 2022, Inc. (“Safehaven 2022”) was established to manage the production and financing of Safehaven 49 51 49 51 Strong Studios allocated $ 1.0 1.7 Safehaven 0.1 1.1 Safehaven 1.1 1.1 Safehaven The $6.5 million minimum guarantee is due and payable to Safehaven 2022 in installments of 25% upon delivery and acceptance, 25% three months thereafter, and the remaining 50% six months thereafter. 6.5 Safehaven 2022 subsequently entered into an $ 8.9 8.6 0.4 Strong Studios reviewed its ownership in Safehaven 2022 and concluded that it has significant influence, but not a controlling interest, in Safehaven 2022 based on its ownership being less than 50% along with having one of three representatives on the board of managers of Safehaven 2022. Strong Studios also reviewed whether it otherwise had the power to make decisions that significantly impact the economic performance of Safehaven 2022 and concluded that it did not control the entity and is not the primary beneficiary. Accordingly, the Company will apply the equity method of accounting to its equity holding in Safehaven 2022 and will record its proportionate share of the net income/loss resulting from the equity holding as a single line item captioned “equity method holding income (loss)” on its statement of operations. Safehaven 2022 did not record any income or expense during the nine months ended September 30, 2022, because all costs incurred by Safehaven 2022 related to the in-process production through September 30, 2022, have been capitalized. Upon delivery and acceptance of the project, Safehaven 2022 expects to recognize revenue from the distribution rights and will record cost of sales using the individual-film-forecast method based on the ratio of the current period’s revenues to management’s estimated remaining total gross revenues to be earned. A summary of the balance sheet of Safehaven 2022 as of September 30, 2022, is as follows (in thousands): Schedule of Balance Sheets Cash $ 194 Television programming rights 10,439 Other assets 337 Total assets $ 10,970 Accounts payable and accrued expenses $ 946 Due to Strong Studios 1,375 Debt 8,649 Equity - Total liabilities and equity $ 10,970

Goodwill

Goodwill	9 Months Ended
	Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	10. Goodwill The following represents a summary of changes in the Company’s carrying amount of goodwill for the nine months ended September 30, 2022 (in thousands): Summary of Changes in Carrying Amount of Goodwill Balance as of December 31, 2021 $ 942 Foreign currency translation adjustment (71 ) Balance as of September 30, 2022 $ 871

Debt

Debt	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Debt	11. Debt The Company’s short-term debt and long-term debt consisted of the following as of September 30, 2022 and December 31, 2021 (in thousands): Schedule of Short term and Long term Debt September 30, 2022 December 31, 2021 Short-term debt: Strong/MDI 20 $ 2,316 $ 2,682 Strong/MDI 5 237 316 Insurance note payable 133 - Total short-term debt $ 2,686 $ 2,998 Long-term debt: Tenant improvement loan $ 170 $ 128 Digital Ignition building loan 5,149 - Total long-term debt $ 5,319 $ 128 Less: current portion (213 ) (23 ) Less: deferred debt issuance costs, net (50 ) - Long-term debt, net of current portion and deferred debt issuance costs, net $ 5,056 $ 105 September 30, 2022 December 31, 2021 Deferred debt issuance costs $ 56 $ - Less: accumulated amortization $ (6 ) - Deferred debt issuance costs, net $ 50 $ - Estimated future amortization expense of deferred debt issuance costs is as follows (in thousands): Schedule of Amortization Expense of Deferred Issuance Costs Remainder of 2022 $ 4 2023 11 2024 11 2025 11 2026 11 Thereafter 2 Total $ 50 Strong/MDI Installment Loans and Revolving Credit Facility On September 5, 2017, the Company’s Canadian subsidiary, Strong/MDI, entered into a demand credit agreement, as amended and restated May 15, 2018, with a bank consisting of a revolving line of credit for up to CAD$ 3.5 20 6.0 5 0.5 2.0 20 5.1 5 0.5 0.5 The 2021 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 holdings) not exceeding 2.5 to 1, a current ratio (excluding amounts due from related parties) of at least 1.3 to 1 and minimum “effective equity” of CAD$ 4.0 3.2 2.3 20 5.20 0.3 0.2 5 5.20 Tenant Improvement Loan During the fourth quarter of 2021, the Company entered into a lease for a combined office and warehouse in Omaha, Nebraska. The Company incurred total costs of approximately $ 0.4 50 0.2 0.1 0.2 0.1 Digital Ignition Building Loam As discussed in Note 8, in January 2022 the Company purchased a parcel of land with buildings and improvements in Alpharetta, Georgia. In connection with the purchase of the land and building, the Company entered into a Commercial Loan Agreement (the “Loan Agreement”) with Community First Bank (the “Lender”), dated February 1, 2022. Pursuant to the Loan Agreement, the Lender agreed to lend the Company approximately $ 5.3 The term of the Loan Agreement runs from February 1, 2022, until the Loan Amount is repaid in full by the Company or the Loan Agreement is terminated pursuant to its terms or by agreement between the Company and the Lender. The terms of the Note include (i) a fixed interest rate of 4 32 The Note includes standard events of default and references defaults under the Loan Agreement and the Deed to Secure Debt as events of default under the Note. The Company has a right to cure any curable events of default. Contractual Principal Payments Contractual required principal payments on the Company’s long-term debt at September 30, 2022 are as follows (in thousands): Schedule of Contractual Principal Payments of Long-term Debt Tenant Improvement Loan Digital Ignitiion Building Loan Total Remainder of 2022 $ 8 $ 44 $ 52 2023 36 180 216 2024 38 187 225 2025 39 195 234 2026 42 203 245 Thereafter 7 4,340 4,347 Total $ 170 $ 5,149 $ 5,319

Leases

Leases	9 Months Ended
	Sep. 30, 2022
Leases
Leases	12. Leases The Company and its subsidiaries lease plant and office facilities and equipment under operating and finance leases expiring through 2027 Right-of-use assets and liabilities are recognized based on the present value of future minimum lease payments over the expected lease term at commencement date. Certain of the leases contain extension options; however, the Company has not included such options as part of its right-of-use assets and lease liabilities because it does not expect to extend the leases. The Company measures and records a right-of-use asset and lease liability based on the discount rate implicit in the lease, if known. In cases where the discount rate implicit in the lease is not known, the Company measures the right-of-use assets and lease liabilities using a discount rate equal to the Company’s estimated incremental borrowing rate for loans with similar collateral and duration. The Company elected to not apply the recognition requirements of Accounting Standards Codification Topic 842, “Leases,” to leases of all classes of underlying assets that, at the commencement date, have a lease term of 12 months or less and do not include an option to purchase the underlying asset that the lessee is reasonably certain to exercise. Instead, lease payments for such short-term leases are recognized in operations on a straight-line basis over the lease term and variable lease payments in the period in which the obligation for those payments is incurred. The Company elected, as a lessee, for all classes of underlying assets, to not separate nonlease components from lease components and instead to account for each separate lease component and the nonlease components associated with that lease component as a single lease component. The following tables present the Company’s lease costs and other lease information (dollars in thousands): Schedule of Lease Costs and Other Lease Information Lease cost Three Months Ended Nine Months Ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 Finance lease cost: Amortization of right-of-use assets $ 3 $ 1 $ 6 $ 3 Interest on lease liabilities 1 - 2 292 Operating lease cost 36 218 160 666 Short-term lease cost 13 13 41 42 Sublease income - (93 ) (32 ) (246 ) Net lease cost $ 53 $ 139 $ 177 $ 757 Other information Three Months Ended Nine Months Ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from finance leases $ 1 $ - $ 2 $ 292 Operating cash flows from operating leases $ 29 $ 203 $ 170 $ 617 Financing cash flows from finance leases $ 3 $ 1 $ 5 $ 2,106 Right-of-use assets obtained in exchange for new finance lease liabilities $ - $ - $ 68 $ - Right-of-use assets obtained in exchange for new operating lease liabilities $ 97 $ - $ 97 $ - As of September 30, 2022 Weighted-average remaining lease term - finance leases (years) 4.5 Weighted-average remaining lease term - operating leases (years) 4.9 Weighted-average discount rate - finance leases 6.4 % Weighted-average discount rate - operating leases 6.0 % The following table presents a maturity analysis of the Company’s operating and finance lease liabilities as of September 30, 2022 (in thousands): Schedule of Future Minimum Lease Payments Operating Leases Finance Leases Remainder of 2022 $ 32 $ 4 2023 131 16 2024 101 16 2025 79 16 2026 81 16 Thereafter 14 5 Total lease payments 438 73 Less: Amount representing interest (37 ) (10 ) Present value of lease payments 401 63 Less: Current maturities (114 ) (12 ) Lease obligations, net of current portion $ 287 $ 51

Income and Other Taxes

Income and Other Taxes	9 Months Ended
	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Income and Other Taxes	13. Income and Other Taxes In assessing the realizability of deferred tax assets, the Company considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income. The Company considers the scheduled reversal of taxable temporary differences, projected future taxable income and tax planning strategies in making this assessment. A cumulative loss in a particular tax jurisdiction in recent years is a significant piece of evidence with respect to the realizability that is difficult to overcome. Based on the available objective evidence, including recent updates to the taxing jurisdictions generating income, the Company concluded that a valuation allowance should be recorded against all of the Company’s U.S. tax jurisdiction deferred tax assets as of September 30, 2022 and December 31, 2021. During the first quarter of 2021, the Company sold its Convergent business segment. As a result, this business segment is categorized as discontinued operations for the periods presented. The Company has sufficient net operating losses to offset Federal taxable income from these discontinued operations as well as the tax effects related to the gain on sale of discontinued operations. State income tax expense related to the operations and sale of this entity has been allocated to discontinued operations. The Tax Cuts and Jobs Act provides for a territorial tax system, which began in 2018. It includes the global intangible low-taxed income (“GILTI”) provision. The GILTI provisions require the Company to include in its U.S. income tax return foreign subsidiary earnings in excess of an allowable return on the foreign subsidiary’s tangible assets. As a result of the GILTI provisions, the Company’s inclusion of taxable income was incorporated into the overall net operating loss and valuation allowance for the three and nine months ended September 30, 2022 and comparative September 30, 2021, as well as December 31, 2021. Changes in tax laws may affect recorded deferred tax assets and liabilities and the Company’s effective tax rate in the future. In March 2020, the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) was enacted. The CARES Act made significant changes to Federal tax laws, including certain changes that are retroactive to the 2019 tax year. The effects of these changes relate to deferred tax assets and net operating losses; all of which are offset by valuation allowance. There were no material income tax consequences of this enacted legislation on the reporting period of these condensed consolidated financial statements. The Company is subject to possible examinations not yet initiated for Federal purposes for fiscal years 2018 through 2020. In most cases, the Company is subject to possible examinations by state or local jurisdictions based on the particular jurisdiction’s statute of limitations. The Consolidated Appropriations Act extended and expanded the availability of the CARES Act employee retention credit through June 30, 2021. Subsequently, the American Rescue Plan Act of 2021 (“ARP Act”), enacted on March 11, 2021, extended and expanded the availability of the employee retention credit through December 31, 2021, however, certain provisions apply only after December 31, 2020. This new legislation expanded the group of qualifying business to include businesses with fewer than 500 employees and those who previously qualified for the Paycheck Protection Program (the “PPP Loan”). The employee retention credit is calculated to be equal to 70 10,000 70 7,000 1.5 1.5 0.8 0.1 0.4 0.2 0.6 0.6 0.4 0.2

Stock Compensation

Stock Compensation	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
Stock Compensation	14. Stock Compensation The Company recognizes compensation expense for all stock-based payment awards based on estimated grant date fair values. Stock-based compensation expense included in selling and administrative expenses approximated $ 0.1 0.2 0.5 0.7 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. On December 17, 2019, the Company’s stockholders approved the amendment and restatement of the 2017 Plan to (i) increase the number of shares of the Company’s common stock authorized for issuance under the 2017 Plan by 1,975,000 October 27, 2029 2.3 Stock Options The following table summarizes stock option activity for the nine months ended September 30, 2022: Summary of Stock Option Activities Number of Options Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (in thousands) Outstanding at December 31, 2021 659,500 $ 3.68 6.6 $ 187 Granted - Exercised - Forfeited (12,000 ) 1.60 Expired (8,000 ) 3.54 Outstanding at September 30, 2022 639,500 $ 3.72 5.8 $ 52 Exercisable at September 30, 2022 434,000 $ 4.25 5.3 $ 10 The aggregate intrinsic value in the table above represents the total that would have been received by the option holders if all in-the-money options had been exercised and sold on the date indicated. As of September 30, 2022, 205,500 0.2 1.9 Restricted Stock Units 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. On July 1, 2022, the Company granted a total of 120,829 The following table summarizes restricted stock unit activity for the nine months ended September 30, 2022: Summary of Restricted Stock Activity Number of Restricted Stock Units Weighted Average Grant Date Fair Value Non-vested at December 31, 2021 314,079 $ 2.45 Granted 120,829 2.40 Shares vested (189,641 ) 3.02 Shares forfeited - Non-vested at September 30, 2022 245,267 $ 1.99 As of September 30, 2022, the total unrecognized compensation cost related to non-vested restricted stock unit awards was approximately $ 0.2 1.1

Commitments, Contingencies and

Commitments, Contingencies and Concentrations	9 Months Ended
	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments, Contingencies and Concentrations	15. Commitments, Contingencies and Concentrations 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. The Company and certain of its subsidiaries are named as defendants in personal injury lawsuits based on alleged exposure to asbestos-containing materials. A majority of the cases involve product liability claims based principally on allegations of past distribution of commercial lighting products containing wiring that may have contained asbestos. Each case names dozens of corporate defendants in addition to the Company. In the Company’s experience, a large percentage of these types of claims have never been substantiated and have been dismissed by the courts. The Company has not suffered any adverse verdict in a trial court proceeding related to asbestos claims and intends to continue to defend these lawsuits. During 2021, the Company recorded a loss contingency reserve of approximately $ 0.3 Concentrations The Company’s top ten customers accounted for approximately 66 52 45 Some operators in the cinema industry carry high levels of balance sheet leverage arising from pre-COVID acquisitions. Cineworld Group Plc, the parent company of Regal Cinemas and one of the largest cinema operators, filed for Chapter 11 bankruptcy on September 7, 2022 to restructure their balance sheet and alleviate their debt burden. As of September 30, 2022, the Company had $ 0.2 Financial instruments that potentially expose the Company to a concentration of credit risk principally consist of accounts receivable. The Company sells product to a large number of customers in many different geographic regions. To minimize credit risk, the Company performs ongoing credit evaluations of its customers’ financial condition.

Business Segment Information

Business Segment Information	9 Months Ended
	Sep. 30, 2022
Segment Reporting [Abstract]
Business Segment Information	16. Business Segment Information The Company conducts its operations primarily through its Strong Entertainment business segment which manufactures and distributes premium large format projection screens and provides technical support services and other related products and services to the cinema exhibition industry, theme parks, schools, museums and other entertainment-related markets. Strong Entertainment also distributes and supports third party products, including digital projectors, servers, library management systems, menu boards and sound systems. Strong Studios, which is part of the Strong Entertainment operating segment, develops and produces original feature films and television series. The Company’s operating segments were determined based on the manner in which management organizes segments for making operating decisions and assessing performance. Summary by Business Segments Schedule of Segment Reporting Information by Segment Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (in thousands) (in thousands) Net revenues Strong Entertainment $ 9,904 $ 5,822 $ 28,446 $ 16,121 Other 370 294 996 860 Total net revenues 10,274 6,116 29,442 16,981 Gross profit Strong Entertainment 2,371 2,154 6,674 5,428 Other 369 294 996 644 Total gross profit 2,740 2,448 7,670 6,072 Operating (loss) income Strong Entertainment 732 1,028 1,522 2,150 Other (34 ) (142 ) (204 ) (577 ) Total segment operating income 698 886 1,318 1,573 Unallocated administrative expenses (990 ) (1,004 ) (3,258 ) (3,434 ) Loss from operations (292 ) (118 ) (1,940 ) (1,861 ) Other (expense) income, net (864 ) 10,223 (3,788 ) 9,937 (Loss) income from continuing operations before income taxes and equity method holding loss $ (1,156 ) $ 10,105 $ (5,728 ) $ 8,076 Schedule of Reconciliation of Assets from Segment to Consolidated (In thousands) September 30, 2022 December 31, 2021 Identifiable assets Strong Entertainment $ 33,344 $ 38,518 Corporate assets 36,020 37,291 Total $ 69,364 $ 75,809 Summary by Geographical Area Schedule of Segment Reporting Information by Geographic Area Three Months Ended September 30, Nine Months Ended September 30, (In thousands) 2022 2021 2022 2021 Net revenues United States $ 8,780 $ 4,735 $ 25,403 $ 13,831 Canada 391 524 1,264 1,101 China 48 197 327 355 Mexico 12 1 19 15 Latin America 97 45 317 146 Europe 525 244 790 442 Asia (excluding China) 142 290 573 636 Other 279 80 749 455 Total $ 10,274 $ 6,116 $ 29,442 $ 16,981 Schedule of Identifiable Assets by Geographical Area (In thousands) September 30, 2022 December 31, 2021 Identifiable assets United States $ 48,632 $ 46,585 Canada 20,732 29,224 Total $ 69,364 $ 75,809 Net revenues by business segment are to unaffiliated customers. Net revenues by geographical area are based on destination of sales. Identifiable assets by geographical area are based on location of facilities.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of Consolidation The condensed consolidated financial statements include the accounts of the Company and all majority-owned and controlled domestic and foreign subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. The condensed consolidated financial statements included in this report are presented in accordance with the requirements of Form 10-Q and consequently do not include all of the disclosures normally required by accounting principles generally accepted in the United States of America (also referred to as “GAAP”) for annual reporting purposes or those made in the Company’s Annual Report on Form 10-K. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021. The condensed consolidated balance sheet as of December 31, 2021, was derived from the Company’s audited consolidated balance sheet as of that date. All other condensed consolidated financial statements contained herein are unaudited and, in the opinion of management, reflect all adjustments of a normal recurring nature necessary to present a fair statement of the financial position and the results of operations and cash flows for the respective interim periods. Certain prior period balances have been reclassified to conform to current period presentation. The results for interim periods are not necessarily indicative of trends or results expected for a full year. Unless otherwise indicated, all references to “dollars” and “$” in this Quarterly Report on Form 10-Q are to, and amounts are presented in, U.S. dollars.
Use of Management Estimates	Use of Management Estimates The preparation of consolidated financial statements in conformity with GAAP 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. Uncertainty remains surrounding the COVID-19 global pandemic and ongoing geopolitical tensions, and the extent and duration of the impacts that these and other events may have on the Company, as well as its customers, suppliers, and employees. While cinema and theme park operators in the United States and other parts of the world are in various stages of returning to “normal”, there continue to be spikes in COVID-19 cases and new variants in various parts of the world that could impact the pace of recovery in our markets. Accordingly, there continues to be a heightened potential for future reserves against trade receivables, inventory write downs, and impairments of long-lived assets, goodwill, intangible assets and equity holdings. In the current environment, assumptions about future financial and operational performance, supply chain pricing and availability and customer creditworthiness have greater variability than normal, which could in the future significantly affect the valuation of the Company’s assets, both financial and non-financial. As an understanding of the longer-term impacts of COVID-19 and ongoing geopolitical tensions on the Company’s customers and business develops, there is heightened potential for changes in these views over the remainder of 2022, and potentially beyond.
Cash and Cash Equivalents	Cash and Cash Equivalents All short-term, highly liquid financial instruments are classified as cash equivalents in the condensed consolidated balance sheets and statements of cash flows. Generally, these instruments have maturities of three months or less from date of purchase. As of September 30, 2022, $ 1.6 4.2
Restricted Cash	Restricted Cash Restricted cash represents amounts held in a collateral account for the Company’s corporate travel and purchasing credit card program.
Accounts Receivable	Accounts 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. Past due accounts are written off when our efforts have been unsuccessful in collecting amounts due.
Equity Holdings	Equity Holdings The Company accounts for its equity holdings using the equity method, at cost, or at fair value depending on the facts and circumstances related to each individual holding. The Company applies the equity method of accounting to its holdings when it has significant influence, but not controlling interest, in the entity. Judgment regarding the level of influence over each equity method holding 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 loss resulting from these equity holdings is reported under the line item captioned “equity method holding loss” in our condensed consolidated statements of operations. The Company’s equity method holdings are reported at cost and adjusted each period for the Company’s share of the entity’s income or loss and dividends paid, if any. The Company’s share of the entity’s income or loss is recorded on a one quarter lag for all equity method holdings. The Company classifies distributions received from equity method holdings using the cumulative earnings approach on the condensed consolidated statements of cash flows. Changes in fair value of holdings in marketable equity securities of unconsolidated entities in which the Company is not able to exercise significant influence (“Fair Value Holdings”) are recognized on the consolidated statement of operations. Nonmarketable equity holdings in unconsolidated entities in which the Company is not able to exercise significant influence (“Cost Method Holdings”) are accounted for at the Company’s initial cost, minus any impairment (if any), plus or minus changes resulting from observable price changes in orderly transactions for the identical or a similar holding or security of the same issuer. Dividends on Fair Value Holdings and Cost Method Holdings received are recorded as income. The Company assesses its equity holdings for impairment whenever events or changes in circumstances indicate that the carrying value of an equity holding may not be recoverable. Management reviewed the underlying net assets of the Company’s equity method holding as of September 30, 2022 and determined that the Company’s proportionate economic interest in the entity indicates that the equity holding was not impaired. There were no observable price changes in orderly transactions for identical or a similar holding or security of the Company’s Cost Method Holding during the nine months ended September 30, 2022. The carrying value of our equity method, Fair Value Holdings and Cost Method Holdings is reported as “equity holdings” on the condensed consolidated balance sheets. Notes 3 and 7 contain additional information on our equity method, Fair Value Holdings and Cost Method Holdings.
Film and Television Programming Rights	Film and Television Programming Rights Commencing in March 2022, the Company began producing original productions and acquiring rights to films and television programming. Film and television programming rights include the unamortized costs of in-process or in-development content produced or acquired by the Company. The Company’s capitalized costs include all direct production and financing costs, capitalized interest when applicable, and production overhead. Film and television program rights are stated at the lower of amortized cost or estimated fair value. The costs of producing content are amortized using the individual-film-forecast method. These costs are amortized based on the ratio of the current period’s revenues to management’s estimated remaining total gross revenues to be earned (“Ultimate Revenue”) as of each reporting date to reflect the most current available information. Management’s judgment is required in estimating Ultimate Revenue and the costs to be incurred throughout the life of each film or television program. Amortization is adjusted when necessary to reflect increases or decreases in forecasted Ultimate Revenues. For an episodic television series, the period over which Ultimate Revenues are estimated cannot exceed ten years following the date of delivery of the first episode, or, if still in production, five years from the date of delivery of the most recent episode, if later. For films, Ultimate Revenue includes estimates over a period not to exceed ten years following the date of initial release. Content assets are expected to be predominantly monetized individually and therefore are reviewed at the individual level when an event or change in circumstance indicates a change in the expected usefulness of the content or the fair value may be less than the unamortized cost. Due to the inherent uncertainties involved in making such estimates of Ultimate Revenues and expenses, these estimates may differ from actual results. In addition, in the normal course of our business, some films and titles will be more successful or less successful than anticipated. Management regularly reviews and revises, when necessary, its Ultimate Revenue and cost estimates, which may result in a change in the rate of amortization of film costs and participations and residuals and/or a write-down of all or a portion of the unamortized costs of the film or television program to its estimated fair value. An increase in the estimate of Ultimate Revenue will generally result in a lower amortization rate and, therefore, less film and television program amortization expense, while a decrease in the estimate of Ultimate Revenue will generally result in a higher amortization rate and, therefore, higher film and television program amortization expense, and also periodically result in an impairment requiring a write-down of the film cost to the title’s fair value. The Company has not yet incurred any of these write-downs. An impairment charge would be recorded in the amount by which the unamortized costs exceed the estimated fair value. Estimates of future revenue involve measurement uncertainties and it is therefore possible that reductions in the carrying value of film library costs may be required because of changes in management’s future revenue estimates.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Assets and liabilities measured at fair value are categorized into a fair value hierarchy based upon the observability of inputs to the valuation of an asset or liability as of the measurement date. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. The categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Financial assets and liabilities carried at fair value are classified and disclosed in one of the following three categories: ● Level 1 – inputs to the valuation techniques are quoted prices in active markets for identical assets or liabilities ● Level 2 – inputs to the valuation techniques are other than quoted prices but are observable for the assets or liabilities, either directly or indirectly ● Level 3 – inputs to the valuation techniques are unobservable for the assets or liabilities The following tables present the Company’s financial assets measured at fair value based upon the level within the fair value hierarchy in which the fair value measurements are classified, as of September 30, 2022 and December 31, 2021. Fair values measured on a recurring basis at September 30, 2022 (in thousands): Schedule of Fair Value Measured Financial Assets and Liabilities Level 1 Level 2 Level 3 Total Cash and cash equivalents $ 4,191 $ - $ - $ 4,191 Restricted cash 151 - - 151 Fair value method equity holding 17,876 - - 17,876 Total $ 22,218 $ - $ - $ 22,218 Fair values measured on a recurring basis at December 31, 2021 (in thousands): Level 1 Level 2 Level 3 Total Cash and cash equivalents $ 8,731 $ - $ - $ 8,731 Restricted cash 150 - - 150 Fair value method equity holding 22,467 - - 22,467 Total $ 31,348 $ - $ - $ 31,348 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 a combination of the cash on hand as well as quoted market prices of the securities held by FGF Holdings (as defined below), the liquidation value of the Company’s equity method holding was $ 4.8
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements 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 was initially effective for the Company for annual reporting periods beginning after December 15, 2019 and interim periods within those fiscal years. In November 2019, the FASB issued ASU 2019-10, “Financial Instruments – Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates,” which, among other things, defers the effective date of ASU 2016-13 for public filers that are considered smaller reporting companies as defined by the Securities and Exchange Commission to fiscal years beginning after December 15, 2022, including interim periods within those years. Early adoption is permitted. The Company believes the adoption of this ASU will not significantly impact its results of operations and financial position.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Schedule of Fair Value Measured Financial Assets and Liabilities	Fair values measured on a recurring basis at September 30, 2022 (in thousands): Schedule of Fair Value Measured Financial Assets and Liabilities Level 1 Level 2 Level 3 Total Cash and cash equivalents $ 4,191 $ - $ - $ 4,191 Restricted cash 151 - - 151 Fair value method equity holding 17,876 - - 17,876 Total $ 22,218 $ - $ - $ 22,218 Fair values measured on a recurring basis at December 31, 2021 (in thousands): Level 1 Level 2 Level 3 Total Cash and cash equivalents $ 8,731 $ - $ - $ 8,731 Restricted cash 150 - - 150 Fair value method equity holding 22,467 - - 22,467 Total $ 31,348 $ - $ - $ 31,348

Discontinued Operations (Tables

Discontinued Operations (Tables)	9 Months Ended
	Sep. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Financial Results of Discontinued Operations	The major line items constituting the net income from discontinued operations are as follows (in thousands): Schedule of Financial Results of Discontinued Operations Convergent Strong Outdoor Total Nine Months Ended September 30, 2021 Convergent Strong Outdoor Total Net revenues $ 1,472 $ - $ 1,472 Cost of revenues 746 - 746 Gross profit 726 - 726 Selling and administrative expenses 1,241 - 1,241 Loss from operations (515 ) - (515 ) Gain on Convergent transaction 14,937 - 14,937 Other income 194 - 194 Income from discontinued operations 14,616 - 14,616 Income tax benefit 33 - 33 Total net income from discontinued operations $ 14,649 $ - $ 14,649

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Sep. 30, 2022
Schedule of Disaggregation of Revenue	The following tables disaggregate the Company’s revenue by major source and by operating segment for the three and nine months ended September 30, 2022 and 2021 (in thousands): Schedule of Disaggregation of Revenue Three Months Ended September 30, 2022 Three Months Ended September 30, 2021 Strong Entertainment Other Total Strong Entertainment Other Total Screen system sales $ 3,096 $ - $ 3,096 $ 2,193 $ - $ 2,193 Digital equipment sales 3,592 - 3,592 1,408 - 1,408 Extended warranty sales 106 - 106 44 - 44 Other product sales 896 - 896 441 - 441 Total product sales 7,690 - 7,690 4,086 - 4,086 Field maintenance and monitoring services 1,708 - 1,708 1,436 - 1,436 Installation services 453 - 453 244 - 244 Other service revenues 53 370 423 56 294 350 Total service revenues 2,214 370 2,584 1,736 294 2,030 Total $ 9,904 $ 370 $ 10,274 $ 5,822 $ 294 $ 6,116 Nine Months Ended September 30, 2022 Nine Months Ended September 30, 2021 Strong Entertainment Other Total Strong Entertainment Other Total Screen system sales $ 9,341 $ - $ 9,341 $ 6,680 $ - $ 6,680 Digital equipment sales 9,808 - 9,808 3,890 - 3,890 Extended warranty sales 290 - 290 105 - 105 Other product sales 2,637 - 2,637 1,136 - 1,136 Total product sales 22,076 - 22,076 11,811 - 11,811 Field maintenance and monitoring services 4,975 - 4,975 3,545 - 3,545 Installation services 1,294 - 1,294 674 - 674 Other service revenues 101 996 1,097 91 860 951 Total service revenues 6,370 996 7,366 4,310 860 5,170 Total $ 28,446 $ 996 $ 29,442 $ 16,121 $ 860 $ 16,981
Timing Of Transfer [Member]
Schedule of Disaggregation of Revenue	The following tables disaggregate the Company’s revenue by the timing of transfer of goods or services to the customer for the three and nine months ended September 30, 2022 and 2021 (in thousands): Schedule of Disaggregation of Revenue Three Months Ended September 30, 2022 Three Months Ended September 30, 2021 Strong Entertainment Other Total Strong Entertainment Other Total Point in time $ 8,588 $ 63 $ 8,651 $ 4,795 $ 22 $ 4,817 Over time 1,316 307 1,623 1,027 272 1,299 Total $ 9,904 $ 370 $ 10,274 $ 5,822 $ 294 $ 6,116 Nine Months Ended September 30, 2022 Nine Months Ended September 30, 2021 Strong Entertainment Other Total Strong Entertainment Other Total Point in time $ 24,561 $ 80 $ 24,641 $ 13,648 $ 32 $ 13,680 Over time 3,885 916 4,801 2,473 828 3,301 Total $ 28,446 $ 996 $ 29,442 $ 16,121 $ 860 $ 16,981

Net (Loss) Income Per Common _2

Net (Loss) Income Per Common Share (Tables)	9 Months Ended
	Sep. 30, 2022
Basic and diluted net (loss) income per share
Schedule of Reconciliation Weighted Average Between Basic and Diluted Earnings Per Share	Schedule of Reconciliation Weighted Average Between Basic and Diluted Earnings Per Share 2022 2021 2022 2021 Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Weighted average shares outstanding: Basic weighted average shares outstanding 19,437 18,437 19,235 17,870 Dilutive effect of stock options and certain non-vested restricted stock units - 263 - 172 Diluted weighted average shares outstanding 19,437 18,700 19,235 18,042

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Sep. 30, 2022
Inventory Disclosure [Abstract]
Schedule of Inventories	Inventories consisted of the following (in thousands): Schedule of Inventories September 30, 2022 December 31, 2021 Raw materials and components $ 1,591 $ 1,680 Work in process 364 399 Finished goods 1,711 1,192 Inventories, net $ 3,666 $ 3,271
Schedule of Inventory Reserve	Schedule of Inventory Reserve Inventory reserve balance at December 31, 2021 $ 467 Inventory reserve, beginning balance $ 467 Inventory write-offs and other adjustments during 2022 5 Provision for inventory reserve during 2022 - Inventory reserve balance at September 30, 2022 $ 472 Inventory reserve, ending balance $ 472

Equity Holdings (Tables)

Equity Holdings (Tables)	9 Months Ended
	Sep. 30, 2022
Equity Method Investments and Joint Ventures [Abstract]
Summary of Investments	The following summarizes our equity holdings (dollars in thousands): Summary of Investments September 30, 2022 December 31 2021 Carrying Amount Economic Interest Carrying Amount Economic Interest Equity Method Holdings FG Financial Holdings, LLC $ 4,850 47.3 % $ - - FG Financial Group, Inc. - - 5,549 25.2 % Fair Value Method Holding GreenFirst Forest Products Inc. 17,876 8.6 % 22,467 8.6 % Cost Method Holding Firefly Systems, Inc. 12,898 13,117 Total Investments $ 35,624 $ 41,133
Summary of Income (Loss) of Equity Method Investees	The following summarizes the loss of equity method holdings reflected in the condensed consolidated statements of operations (in thousands): Summary of Income (Loss) of Equity Method Investees Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Entity FG Financial Group, Inc. $ (798 ) $ 91 $ (2,578 ) $ (318 ) GreenFirst Forest Products Inc. - (414 ) - (1,150 ) Total $ (798 ) $ (323 ) $ (2,578 ) $ (1,468 )

Property, Plant and Equipment_2

Property, Plant and Equipment, Net (Tables)	9 Months Ended
	Sep. 30, 2022
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	Property, plant and equipment, net consisted of the following as of September 30, 2022 and December 31, 2021 (in thousands): Schedule of Property, Plant and Equipment September 30, 2022 December 31, 2021 Land $ 2,340 $ 51 Buildings and improvements 12,669 6,886 Machinery and other equipment 5,837 5,992 Office furniture and fixtures 846 837 Construction in progress 11 393 Total properties, cost 21,703 14,159 Less: accumulated depreciation (8,358 ) (7,933 ) Property, plant and equipment, net $ 13,345 $ 6,226

Film and Television Programmi_2

Film and Television Programming Rights, Net (Tables)	9 Months Ended
	Sep. 30, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule of Development Assets Acquired	Schedule of Development Assets Acquired September 30, 2022 December 31, 2021 Television series in development $ 1,257 $ - Films in development 192 - Total $ 1,449 $ -
Schedule of Film And Television Programming Rights	A rollforward of film and television programming rights, net for the nine months ended September 30, 2022 is as follows (in thousands): Schedule of Film And Television Programming Rights Balance at December 31, 2021 $ - In-process projects acquired from Landmark 1,670 Warrant to be issued to Landmark 364 Expenditures on in-process projects 407 Reclass from other assets 124 Reclass of reimbursable costs associated with Safehaven (1,116 ) Balance at September 30, 2022 $ 1,449
Summary of Warrants Granted Valuation Using Black Scholes Pricing Method	The fair value of the Landmark Warrant was estimated on the date of grant using a Black-Scholes valuation model with the following assumptions: Summary of Warrants Granted Valuation Using Black Scholes Pricing Method Expected dividend yield at date of grant 0.00 % Risk-free interest rate 1.7 % Expected stock price volatility 72.9 % Expected life of warrants (in years) 3.0
Schedule of Balance Sheets	Schedule of Balance Sheets Cash $ 194 Television programming rights 10,439 Other assets 337 Total assets $ 10,970 Accounts payable and accrued expenses $ 946 Due to Strong Studios 1,375 Debt 8,649 Equity - Total liabilities and equity $ 10,970

Goodwill (Tables)

Goodwill (Tables)	9 Months Ended
	Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Changes in Carrying Amount of Goodwill	The following represents a summary of changes in the Company’s carrying amount of goodwill for the nine months ended September 30, 2022 (in thousands): Summary of Changes in Carrying Amount of Goodwill Balance as of December 31, 2021 $ 942 Foreign currency translation adjustment (71 ) Balance as of September 30, 2022 $ 871

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Schedule of Short term and Long term Debt	The Company’s short-term debt and long-term debt consisted of the following as of September 30, 2022 and December 31, 2021 (in thousands): Schedule of Short term and Long term Debt September 30, 2022 December 31, 2021 Short-term debt: Strong/MDI 20 $ 2,316 $ 2,682 Strong/MDI 5 237 316 Insurance note payable 133 - Total short-term debt $ 2,686 $ 2,998 Long-term debt: Tenant improvement loan $ 170 $ 128 Digital Ignition building loan 5,149 - Total long-term debt $ 5,319 $ 128 Less: current portion (213 ) (23 ) Less: deferred debt issuance costs, net (50 ) - Long-term debt, net of current portion and deferred debt issuance costs, net $ 5,056 $ 105 September 30, 2022 December 31, 2021 Deferred debt issuance costs $ 56 $ - Less: accumulated amortization $ (6 ) - Deferred debt issuance costs, net $ 50 $ -
Schedule of Amortization Expense of Deferred Issuance Costs	Estimated future amortization expense of deferred debt issuance costs is as follows (in thousands): Schedule of Amortization Expense of Deferred Issuance Costs Remainder of 2022 $ 4 2023 11 2024 11 2025 11 2026 11 Thereafter 2 Total $ 50
Schedule of Contractual Principal Payments of Long-term Debt	Contractual required principal payments on the Company’s long-term debt at September 30, 2022 are as follows (in thousands): Schedule of Contractual Principal Payments of Long-term Debt Tenant Improvement Loan Digital Ignitiion Building Loan Total Remainder of 2022 $ 8 $ 44 $ 52 2023 36 180 216 2024 38 187 225 2025 39 195 234 2026 42 203 245 Thereafter 7 4,340 4,347 Total $ 170 $ 5,149 $ 5,319

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2022
Leases
Schedule of Lease Costs and Other Lease Information	The following tables present the Company’s lease costs and other lease information (dollars in thousands): Schedule of Lease Costs and Other Lease Information Lease cost Three Months Ended Nine Months Ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 Finance lease cost: Amortization of right-of-use assets $ 3 $ 1 $ 6 $ 3 Interest on lease liabilities 1 - 2 292 Operating lease cost 36 218 160 666 Short-term lease cost 13 13 41 42 Sublease income - (93 ) (32 ) (246 ) Net lease cost $ 53 $ 139 $ 177 $ 757 Other information Three Months Ended Nine Months Ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from finance leases $ 1 $ - $ 2 $ 292 Operating cash flows from operating leases $ 29 $ 203 $ 170 $ 617 Financing cash flows from finance leases $ 3 $ 1 $ 5 $ 2,106 Right-of-use assets obtained in exchange for new finance lease liabilities $ - $ - $ 68 $ - Right-of-use assets obtained in exchange for new operating lease liabilities $ 97 $ - $ 97 $ - As of September 30, 2022 Weighted-average remaining lease term - finance leases (years) 4.5 Weighted-average remaining lease term - operating leases (years) 4.9 Weighted-average discount rate - finance leases 6.4 % Weighted-average discount rate - operating leases 6.0 %
Schedule of Future Minimum Lease Payments	The following table presents a maturity analysis of the Company’s operating and finance lease liabilities as of September 30, 2022 (in thousands): Schedule of Future Minimum Lease Payments Operating Leases Finance Leases Remainder of 2022 $ 32 $ 4 2023 131 16 2024 101 16 2025 79 16 2026 81 16 Thereafter 14 5 Total lease payments 438 73 Less: Amount representing interest (37 ) (10 ) Present value of lease payments 401 63 Less: Current maturities (114 ) (12 ) Lease obligations, net of current portion $ 287 $ 51

Stock Compensation (Tables)

Stock Compensation (Tables)	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
Summary of Stock Option Activities	The following table summarizes stock option activity for the nine months ended September 30, 2022: Summary of Stock Option Activities Number of Options Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (in thousands) Outstanding at December 31, 2021 659,500 $ 3.68 6.6 $ 187 Granted - Exercised - Forfeited (12,000 ) 1.60 Expired (8,000 ) 3.54 Outstanding at September 30, 2022 639,500 $ 3.72 5.8 $ 52 Exercisable at September 30, 2022 434,000 $ 4.25 5.3 $ 10
Summary of Restricted Stock Activity	The following table summarizes restricted stock unit activity for the nine months ended September 30, 2022: Summary of Restricted Stock Activity Number of Restricted Stock Units Weighted Average Grant Date Fair Value Non-vested at December 31, 2021 314,079 $ 2.45 Granted 120,829 2.40 Shares vested (189,641 ) 3.02 Shares forfeited - Non-vested at September 30, 2022 245,267 $ 1.99

Business Segment Information (T

Business Segment Information (Tables)	9 Months Ended
	Sep. 30, 2022
Segment Reporting [Abstract]
Schedule of Segment Reporting Information by Segment	Summary by Business Segments Schedule of Segment Reporting Information by Segment Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (in thousands) (in thousands) Net revenues Strong Entertainment $ 9,904 $ 5,822 $ 28,446 $ 16,121 Other 370 294 996 860 Total net revenues 10,274 6,116 29,442 16,981 Gross profit Strong Entertainment 2,371 2,154 6,674 5,428 Other 369 294 996 644 Total gross profit 2,740 2,448 7,670 6,072 Operating (loss) income Strong Entertainment 732 1,028 1,522 2,150 Other (34 ) (142 ) (204 ) (577 ) Total segment operating income 698 886 1,318 1,573 Unallocated administrative expenses (990 ) (1,004 ) (3,258 ) (3,434 ) Loss from operations (292 ) (118 ) (1,940 ) (1,861 ) Other (expense) income, net (864 ) 10,223 (3,788 ) 9,937 (Loss) income from continuing operations before income taxes and equity method holding loss $ (1,156 ) $ 10,105 $ (5,728 ) $ 8,076
Schedule of Reconciliation of Assets from Segment to Consolidated	Schedule of Reconciliation of Assets from Segment to Consolidated (In thousands) September 30, 2022 December 31, 2021 Identifiable assets Strong Entertainment $ 33,344 $ 38,518 Corporate assets 36,020 37,291 Total $ 69,364 $ 75,809
Schedule of Segment Reporting Information by Geographic Area	Summary by Geographical Area Schedule of Segment Reporting Information by Geographic Area Three Months Ended September 30, Nine Months Ended September 30, (In thousands) 2022 2021 2022 2021 Net revenues United States $ 8,780 $ 4,735 $ 25,403 $ 13,831 Canada 391 524 1,264 1,101 China 48 197 327 355 Mexico 12 1 19 15 Latin America 97 45 317 146 Europe 525 244 790 442 Asia (excluding China) 142 290 573 636 Other 279 80 749 455 Total $ 10,274 $ 6,116 $ 29,442 $ 16,981
Schedule of Identifiable Assets by Geographical Area	Schedule of Identifiable Assets by Geographical Area (In thousands) September 30, 2022 December 31, 2021 Identifiable assets United States $ 48,632 $ 46,585 Canada 20,732 29,224 Total $ 69,364 $ 75,809

Schedule of Fair Value Measured

Schedule of Fair Value Measured Financial Assets and Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021	Sep. 30, 2021
Defined Benefit Plan Disclosure [Line Items]
Cash and cash equivalents	$ 4,191	$ 8,731
Restricted cash	151	150	$ 150
Fair value method equity holding	17,876	22,467
Total	22,218	31,348
Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Cash and cash equivalents	4,191	8,731
Restricted cash	151	150
Fair value method equity holding	17,876	22,467
Total	22,218	31,348
Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Cash and cash equivalents
Restricted cash
Fair value method equity holding
Total
Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Cash and cash equivalents
Restricted cash
Fair value method equity holding
Total

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Narrative) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021	Sep. 30, 2021
Cash and cash equivalents	$ 4,191	$ 8,731	$ 10,372
Quoted fair value of company's ownership	4,800
Foreign Subsidiary [Member]
Cash and cash equivalents	$ 1,600

Schedule of Financial Results o

Schedule of Financial Results of Discontinued Operations (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Net revenues				$ 1,472
Cost of revenues				746
Gross profit				726
Selling and administrative expenses				1,241
Loss from operations				(515)
Gain on Convergent transaction				14,937
Other income				194
Income from discontinued operations				14,616
Income tax benefit				33
Total net income from discontinued operations				14,649
Convergent [Member]
Net revenues				1,472
Cost of revenues				746
Gross profit				726
Selling and administrative expenses				1,241
Loss from operations				(515)
Gain on Convergent transaction				14,937
Other income				194
Income from discontinued operations				14,616
Income tax benefit				33
Total net income from discontinued operations				14,649
Strong Outdoor [Member]
Net revenues
Cost of revenues
Gross profit
Selling and administrative expenses
Loss from operations
Gain on Convergent transaction
Other income
Income from discontinued operations
Income tax benefit
Total net income from discontinued operations

Discontinued Operations (Detail

Discontinued Operations (Details Narrative) - USD ($) $ in Thousands				1 Months Ended	3 Months Ended		9 Months Ended
	Feb. 01, 2021	Aug. 03, 2020	May 21, 2019	Jan. 31, 2022	Mar. 31, 2022	Mar. 31, 2021	Sep. 30, 2022
Number of shares issued, value					$ 2,350	$ 6,310
Firefly Series B-1 Shares [Member]
Number of shares hold, value							$ 5,700
Firefly Systems Inc [Member] | Firefly Series B-1 Shares [Member]
Number of shares issued, value							7,200
Firefly Systems Inc [Member] | Strong Digital Media, LLC [Member] | Series A-2 Preferred Shares [Member]
Proceeds from divestiture of businesses			$ 5,700
Earn-out provision			$ 900
Equity Purchase Agreement [Member] | SageNet LLC [Member]
Cash	$ 15,000
Promissory note	2,500
Proceeds from related party	5,700
Value of equity interest	$ 23,200
Gain on sale of convergent						$ 14,900
Equity Purchase Agreement [Member] | SageNet LLC [Member]
Equity method ownership percentage	100%
Promissory Note [Member] | SageNet LLC [Member]
Proceeds from short term debt				$ 2,300
Asset Purchase Agreement [Member] | Strong Digital Media, LLC [Member]
Cash consideration received		$ 3,200
Master Services Agreement [Member]
Cash consideration received							$ 2,000

Schedule of Disaggregation of R

Schedule of Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Disaggregation of Revenue [Line Items]
Total	$ 10,274	$ 6,116	$ 29,442	$ 16,981
Transferred at Point in Time [Member]
Disaggregation of Revenue [Line Items]
Total	8,651	4,817	24,641	13,680
Transferred over Time [Member]
Disaggregation of Revenue [Line Items]
Total	1,623	1,299	4,801	3,301
Product [Member]
Disaggregation of Revenue [Line Items]
Total	7,690	4,086	22,076	11,811
Product [Member] | Screen System Sales [Member]
Disaggregation of Revenue [Line Items]
Total	3,096	2,193	9,341	6,680
Product [Member] | Digital Equipment Sales [Member]
Disaggregation of Revenue [Line Items]
Total	3,592	1,408	9,808	3,890
Product [Member] | Extended Warranty Sales [Member]
Disaggregation of Revenue [Line Items]
Total	106	44	290	105
Product [Member] | Other Product Sales [Member]
Disaggregation of Revenue [Line Items]
Total	896	441	2,637	1,136
Service [Member]
Disaggregation of Revenue [Line Items]
Total	2,584	2,030	7,366	5,170
Service [Member] | Field Maintenance And Monitoring Services [Member]
Disaggregation of Revenue [Line Items]
Total	1,708	1,436	4,975	3,545
Service [Member] | Installation Services [Member]
Disaggregation of Revenue [Line Items]
Total	453	244	1,294	674
Service [Member] | Other Service Revenue [Member]
Disaggregation of Revenue [Line Items]
Total	423	350	1,097	951
Strong Entertainment [Member]
Disaggregation of Revenue [Line Items]
Total	9,904	5,822	28,446	16,121
Strong Entertainment [Member] | Transferred at Point in Time [Member]
Disaggregation of Revenue [Line Items]
Total	8,588	4,795	24,561	13,648
Strong Entertainment [Member] | Transferred over Time [Member]
Disaggregation of Revenue [Line Items]
Total	1,316	1,027	3,885	2,473
Strong Entertainment [Member] | Product [Member]
Disaggregation of Revenue [Line Items]
Total	7,690	4,086	22,076	11,811
Strong Entertainment [Member] | Product [Member] | Screen System Sales [Member]
Disaggregation of Revenue [Line Items]
Total	3,096	2,193	9,341	6,680
Strong Entertainment [Member] | Product [Member] | Digital Equipment Sales [Member]
Disaggregation of Revenue [Line Items]
Total	3,592	1,408	9,808	3,890
Strong Entertainment [Member] | Product [Member] | Extended Warranty Sales [Member]
Disaggregation of Revenue [Line Items]
Total	106	44	290	105
Strong Entertainment [Member] | Product [Member] | Other Product Sales [Member]
Disaggregation of Revenue [Line Items]
Total	896	441	2,637	1,136
Strong Entertainment [Member] | Service [Member]
Disaggregation of Revenue [Line Items]
Total	2,214	1,736	6,370	4,310
Strong Entertainment [Member] | Service [Member] | Field Maintenance And Monitoring Services [Member]
Disaggregation of Revenue [Line Items]
Total	1,708	1,436	4,975	3,545
Strong Entertainment [Member] | Service [Member] | Installation Services [Member]
Disaggregation of Revenue [Line Items]
Total	453	244	1,294	674
Strong Entertainment [Member] | Service [Member] | Other Service Revenue [Member]
Disaggregation of Revenue [Line Items]
Total	53	56	101	91
Other Segments [Member]
Disaggregation of Revenue [Line Items]
Total	370	294	996	860
Other Segments [Member] | Transferred at Point in Time [Member]
Disaggregation of Revenue [Line Items]
Total	63	22	80	32
Other Segments [Member] | Transferred over Time [Member]
Disaggregation of Revenue [Line Items]
Total	307	272	916	828
Other Segments [Member] | Product [Member]
Disaggregation of Revenue [Line Items]
Total
Other Segments [Member] | Product [Member] | Screen System Sales [Member]
Disaggregation of Revenue [Line Items]
Total
Other Segments [Member] | Product [Member] | Digital Equipment Sales [Member]
Disaggregation of Revenue [Line Items]
Total
Other Segments [Member] | Product [Member] | Extended Warranty Sales [Member]
Disaggregation of Revenue [Line Items]
Total
Other Segments [Member] | Product [Member] | Other Product Sales [Member]
Disaggregation of Revenue [Line Items]
Total
Other Segments [Member] | Service [Member]
Disaggregation of Revenue [Line Items]
Total	370	294	996	860
Other Segments [Member] | Service [Member] | Field Maintenance And Monitoring Services [Member]
Disaggregation of Revenue [Line Items]
Total
Other Segments [Member] | Service [Member] | Installation Services [Member]
Disaggregation of Revenue [Line Items]
Total
Other Segments [Member] | Service [Member] | Other Service Revenue [Member]
Disaggregation of Revenue [Line Items]
Total	$ 370	$ 294	$ 996	$ 860

Revenue (Details Narrative)

Revenue (Details Narrative) $ in Millions	Sep. 30, 2022 USD ($)
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Unearned revenue	$ 0.9
During 2022 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Unearned revenue	0.8
During 2023 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Unearned revenue	$ 0.1

Schedule of Reconciliation Weig

Schedule of Reconciliation Weighted Average Between Basic and Diluted Earnings Per Share (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Weighted average shares outstanding:
Basic weighted average shares outstanding	19,437	18,437	19,235	17,870
Dilutive effect of stock options and certain non-vested restricted stock units		263		172
Diluted weighted average shares outstanding	19,437	18,700	19,235	18,042

Net (Loss) Income Per Common _3

Net (Loss) Income Per Common Share (Details Narrative) - shares	3 Months Ended	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2022	Sep. 30, 2021
Common Stock Equivalents [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of share not included in computation of diluted loss per share	159,994	114,408
Options To Purchase Shares of Common Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of share not included in computation of diluted loss per share		489,500	329,500

Schedule of Inventories (Detail

Schedule of Inventories (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Inventory Disclosure [Abstract]
Raw materials and components	$ 1,591	$ 1,680
Work in process	364	399
Finished goods	1,711	1,192
Inventories, net	$ 3,666	$ 3,271

Schedule of Inventory Reserve (

Schedule of Inventory Reserve (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2022 USD ($)
Inventory Disclosure [Abstract]
Inventory reserve, beginning balance	$ 467
Inventory write-offs and other adjustments during 2022	5
Provision for inventory reserve during 2022
Inventory reserve, ending balance	$ 472

Inventories (Details Narrative)

Inventories (Details Narrative) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Inventory Disclosure [Abstract]
Inventory valuation reserves	$ 472	$ 467

Summary of Investments (Details

Summary of Investments (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Schedule of Equity Method Investments [Line Items]
Equity holdings	$ 35,624	$ 41,133
FG Financial Holdings LLC [Member]
Schedule of Equity Method Investments [Line Items]
Equity method investments carrying amount	$ 4,850
Equity method ownership percentage	47.30%
FG Financial Group, Inc. [Member]
Schedule of Equity Method Investments [Line Items]
Equity method investments carrying amount		$ 5,549
Equity method ownership percentage		25.20%
GreenFirst Forest Products Inc. [Member]
Schedule of Equity Method Investments [Line Items]
Equity method ownership percentage	8.60%	8.60%
Investment owned, at fair value	$ 17,876	$ 22,467
Firefly Systems Inc [Member]
Schedule of Equity Method Investments [Line Items]
Equity securities, FV-NI, current	$ 12,898	$ 13,117

Summary of Income (Loss) of Equ

Summary of Income (Loss) of Equity Method Investees (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Schedule of Equity Method Investments [Line Items]
Total	$ (798)	$ (323)	$ (2,578)	$ (1,468)
FG Financial Group, Inc. [Member]
Schedule of Equity Method Investments [Line Items]
Total	(798)	91	(2,578)	(318)
GreenFirst Forest Products Inc. [Member]
Schedule of Equity Method Investments [Line Items]
Total		$ (414)		$ (1,150)

Equity Holdings (Details Narrat

Equity Holdings (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands

1 Months Ended

3 Months Ended

9 Months Ended

64 Months Ended

Sep. 12, 2022

May 01, 2019

Jun. 30, 2022

Aug. 31, 2020

Sep. 30, 2022

Mar. 31, 2022

Sep. 30, 2021

Mar. 31, 2021

Sep. 30, 2022

Sep. 30, 2021

Oct. 31, 2021

Dec. 31, 2021

Schedule of Equity Method Investments [Line Items]

Number of common stock issued

$ 2,350

$ 6,310

Fair value method holding

$ 17,876

$ 17,876

$ 22,467

Accumulated deficit

14,992

14,992

$ 23,591

Unrealized gain loss on investments

(1,301)

$ 8,376

(3,752)

$ 8,376

Green first [Member]

Schedule of Equity Method Investments [Line Items]

Unrealized gain loss on investments

1,300

$ 8,400

3,800

$ 8,400

Green first ownership [Member]

Schedule of Equity Method Investments [Line Items]

Unrealized gain loss on investments

17,900

Green first [Member]

Schedule of Equity Method Investments [Line Items]

Business acquisition of acquired entity description

The Company’s Chairman, Mr. Cerminara, served as a member of the board of directors of GreenFirst from June 2016 to October 2021, and was also appointed Chairman of GreenFirst from June 2018 to June 2021. Prior to the closing of the GreenFirst Acquisition, the Company held a 20.7% ownership position in GreenFirst. The Company’s 20.7% ownership of GreenFirst, combined with Mr. Cerminara’s board seat, provided the Company with significant influence over GreenFirst, but not a controlling interest. Accordingly, the Company applied the equity method of accounting to its equity holding in GreenFirst. Following the GreenFirst Acquisition and GreenFirst’s issuance of additional common shares, the Company’s ownership percentage decreased to 8.6%.

Firefly Systems Inc [Member] | Serie B-2 Preferred Stock [Member]

Schedule of Equity Method Investments [Line Items]

Business acquisition, equity interest issued shares

1,100,000

600,000

Equity Method Investees [Member]

Schedule of Equity Method Investments [Line Items]

Accumulated deficit

$ 9,000

$ 9,000

Stock Purchase Agreement [Member] | Firefly Systems Inc [Member] | Serie B-2 Preferred Stock [Member]

Schedule of Equity Method Investments [Line Items]

Business acquisition, equity interest issued shares

700,000

FG Financial Group, Inc. [Member]

Schedule of Equity Method Investments [Line Items]

Number of common stock issued

2.9

2,900,000

Issued price per share

$ 1.58

Purchase of common stock

1,265,822

FG Financial Group, Inc. [Member] | Minimum [Member]

Schedule of Equity Method Investments [Line Items]

Combined equity ownership percentage

50%

50%

FG Financial Holdings LLC [Member]

Schedule of Equity Method Investments [Line Items]

Number of common stock issued

2,900,000

Number of common stock issued

$ 900

Fair value method holding

$ 4,800

$ 4,800

FG Financial Holdings LLC [Member] | Maximum [Member]

Schedule of Equity Method Investments [Line Items]

Combined equity ownership percentage

50%

50%

IPO [Member] | FG Financial Group, Inc. [Member]

Schedule of Equity Method Investments [Line Items]

Number of common stock issued

2,750,000

Schedule of Property, Plant and

Schedule of Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Total properties, cost	$ 21,703	$ 14,159
Less: accumulated depreciation	(8,358)	(7,933)
Property, plant and equipment, net	13,345	6,226
Land [Member]
Property, Plant and Equipment [Line Items]
Total properties, cost	2,340	51
Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Total properties, cost	12,669	6,886
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Total properties, cost	5,837	5,992
Office Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Total properties, cost	846	837
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Total properties, cost	$ 11	$ 393

Property, Plant and Equipment_3

Property, Plant and Equipment, Net (Details Narrative) - Digital Ignition, LLC, and Metrolina Alpharetta, LLC [Member] - Metrolina Capital Investors, LLC [Member] $ / shares in Units, shares in Millions, $ in Millions	1 Months Ended
	Jan. 31, 2022 USD ($) $ / shares shares
Purchase price of assets | $	$ 5.8
Stock Grant [Member]
Shares issued to acquire assets | shares	0.8
Shares issued to acquire assets, value | $	$ 2.3
Stock Warrant [Member]
Shares issued to acquire assets | shares	0.1
Warrant term	10 years
Warrants exercise price | $ / shares	$ 3

Schedule of Development Assets

Schedule of Development Assets Acquired (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Business Combination, Separately Recognized Transactions [Line Items]
Total	$ 1,449
Television Series in Development [Member]
Business Combination, Separately Recognized Transactions [Line Items]
Total	1,257
Films in Development [Member]
Business Combination, Separately Recognized Transactions [Line Items]
Total	$ 192

Schedule of Film And Television

Schedule of Film And Television Programming Rights (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2022 USD ($)
Business Combination and Asset Acquisition [Abstract]
Beginning balance
In-process projects acquired from landmark	1,670
Warrants to be issued to Landmark	364
Expenditures on in-process projects	407
Reclass from other assets	124
Reclass of reimbursable costs associated with Safehaven	(1,116)
Ending balance	$ 1,449

Summary of Warrants Granted Val

Summary of Warrants Granted Valuation Using Black Scholes Pricing Method (Details) - Warrant [Member]	Sep. 30, 2022
Measurement Input, Expected Dividend Rate [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Warrants measurement input	0
Measurement Input, Risk Free Interest Rate [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Warrants measurement input	1.7
Measurement Input, Price Volatility [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Warrants measurement input	72.9
Measurement Input, Expected Term [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Expected life of warrants (in years)	3 years

Schedule of Balance Sheets (Det

Schedule of Balance Sheets (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Television programming rights	$ 1,449
Total assets	69,364			75,809
Debt	5,319			128
Equity	44,590	$ 48,125	$ 54,298	52,277	$ 52,093	$ 44,862	$ 45,092	$ 27,066
Total liabilities and stockholders’ equity	69,364			$ 75,809
Safehaven 2022, Inc. [Member]
Cash	194
Television programming rights	10,439
Other assets	337
Total assets	10,970
Accounts payable and accrued expenses	946
Due to Strong Studios	1,375
Debt	8,649
Equity
Total liabilities and stockholders’ equity	$ 10,970

Film and Television Programmi_3

Film and Television Programming Rights, Net (Details Narrative) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
	Mar. 03, 2022	Mar. 31, 2022	Mar. 31, 2021	Sep. 30, 2022	Jun. 30, 2022
Business Acquisition [Line Items]
Issuance of common stock, net of issuance costs		$ 2,350	$ 6,310
Safehaven and Safehaven 2022 Inc [Member]
Business Acquisition [Line Items]
Business combination, consideration transferred				$ 1,100
Safehaven 2022, Inc. [Member]
Business Acquisition [Line Items]
Description of payment terms				The $6.5 million minimum guarantee is due and payable to Safehaven 2022 in installments of 25% upon delivery and acceptance, 25% three months thereafter, and the remaining 50% six months thereafter.
Initial revenue from distribution rights				$ 6,500
Safehaven 2022, Inc. [Member] | Loan And Security Agreement [Member]
Business Acquisition [Line Items]
Debt instrument, face amount				8,900
Production costs incurred				8,600
Flagrant [Member]
Business Acquisition [Line Items]
Payments to acquire businesses gross	$ 300
Asset acquisition, consideration transferred	2,500
Shadows in Vineyard [Member]
Business Acquisition [Line Items]
Payments to acquire businesses gross	400
Safehaven Inc [Member]
Business Acquisition [Line Items]
Payments to acquire businesses gross	1,000
Business combination, consideration transferred	1,700
Ownersjip percentage					49%
Asset acquisition, consideration transferred	$ 6,500
Development cost				100
Strong Studios Inc [Member]
Business Acquisition [Line Items]
Ownersjip percentage	2.50%
Unbounded Services LLC [Member]
Business Acquisition [Line Items]
Ownersjip percentage					51%
Strong Studios Inc [Member]
Business Acquisition [Line Items]
Payment for obligation				1,100
Strong Studios Inc [Member] | Safehaven 2022, Inc. [Member] | Loan And Security Agreement [Member]
Business Acquisition [Line Items]
Working capital advances, amount				$ 400
Strong Studios Inc [Member] | Landmark Studio Group LLC [Member]
Business Acquisition [Line Items]
Payments to acquire businesses gross	$ 1,700
Business combination, consideration transferred	$ 300
Warrants purchase of common stock	150,000
Remaining installment payments	$ 1,400
Issuance of common stock, net of issuance costs	$ 400

Summary of Changes in Carrying

Summary of Changes in Carrying Amount of Goodwill (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2022 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill, beginning balance	$ 942
Foreign currency translation adjustment	(71)
Goodwill, ending balance	$ 871

Schedule of Short term and Long

Schedule of Short term and Long term Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Short-Term Debt [Line Items]
Total short-term debt	$ 2,686	$ 2,998
Total long-term debt	5,319	128
Less: current portion	(213)	(23)
Less: deferred debt issuance costs, net	(50)
Long-term debt, net of current portion and deferred debt issuance costs, net	5,056	105
Deferred debt issuance costs	56
Less: accumulated amortization	(6)
Deferred debt issuance costs, net	50
Tenant Improvement Loan [Member]
Short-Term Debt [Line Items]
Total long-term debt	170	128
Digital Ignition Building Loan [Member]
Short-Term Debt [Line Items]
Total long-term debt	5,149
Strong/MDI Twenty Year Installment Loan [Member]
Short-Term Debt [Line Items]
Total short-term debt	2,316	2,682
Strong M D I Five Year Equipment Loan [Member]
Short-Term Debt [Line Items]
Total short-term debt	237	316
Insurance Note Payable [Member]
Short-Term Debt [Line Items]
Total short-term debt	$ 133

Schedule of Short term and Lo_2

Schedule of Short term and Long term Debt (Details) (Parenthetical)		9 Months Ended	12 Months Ended
	Sep. 05, 2017	Sep. 30, 2022	Dec. 31, 2021
20-year Installment Loan [Member]
Short-Term Debt [Line Items]
Loan term		20 years
Demand Credit Agreement [Member] | 20-year Installment Loan [Member]
Short-Term Debt [Line Items]
Loan term	20 years	20 years	20 years
Demand Credit Agreement [Member] | 5-Year Equipment Loan [Member]
Short-Term Debt [Line Items]
Loan term		5 years	5 years

Schedule of Amortization Expens

Schedule of Amortization Expense of Deferred Issuance Costs (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Debt Disclosure [Abstract]
Remainder of 2022	$ 4
2023	11
2024	11
2025	11
2026	11
Thereafter	2
Total	$ 50

Schedule of Contractual Princip

Schedule of Contractual Principal Payments of Long-term Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Remainder of 2022	$ 52
2023	216
2024	225
2025	234
2026	245
Thereafter	4,347
Total	5,319	$ 128
Tenant Improvement Loan [Member]
Debt Instrument [Line Items]
Remainder of 2022	8
2023	36
2024	38
2025	39
2026	42
Thereafter	7
Total	170	128
Digital Ignition Building Loan [Member]
Debt Instrument [Line Items]
Remainder of 2022	44
2023	180
2024	187
2025	195
2026	203
Thereafter	4,340
Total	$ 5,149

Debt (Details Narrative)

Debt (Details Narrative) $ in Thousands, $ in Millions		3 Months Ended				9 Months Ended		12 Months Ended
	Sep. 05, 2017 CAD ($)	Sep. 30, 2022 USD ($)	Mar. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)	Sep. 30, 2022 CAD ($)
Line of Credit Facility [Line Items]
Short-term debt		$ 2,686		$ 2,998		$ 2,686		$ 2,998
Lease cost		53			$ 139	177	$ 757
Long term debt		5,319		128		$ 5,319		$ 128
20-year Installment Loan [Member]
Line of Credit Facility [Line Items]
Debt instrument, term						20 years
Short-term debt		$ 2,300				$ 2,300			$ 3.2
Short-term debt, percentage bearing variable interest rate		5.20%				5.20%			5.20%
5-year Installment Loan [Member]
Line of Credit Facility [Line Items]
Debt instrument, term						5 years
Short-term debt		$ 200				$ 200			$ 0.3
Short-term debt, percentage bearing variable interest rate		5.20%				5.20%			5.20%
Tenant Improvement Loan [Member]
Line of Credit Facility [Line Items]
Lease cost				$ 400
Build-out interest rate				50%				50%
Lease Income			$ 200	$ 200
Costs and expenses			$ 100	$ 100
Digital Ignition Building Loan [Member]
Line of Credit Facility [Line Items]
Long term debt		$ 5,300				$ 5,300
Debt instrument description						The terms of the Note include (i) a fixed interest rate of 4%, (ii) maturity date of February 1, 2027, (iii) monthly payments of approximately $32 thousand beginning on March 1, 2022, and continuing on the first of each month until the maturity date or until the Note has been paid in full, (iv) a default interest of 8% in the event of a default pursuant to the terms of the Note, and (v) prepayment penalties of (a) 3% of all excess payments during the first two years of the term of the Note, (b) 2% of all excess payments during the third and fourth years of the term of the Note, and (c) 1% of all excess payments made during the fifth year of the term of the Note.
Fixed interest rate		4%				4%			4%
Monthly periodic payment						$ 32
Demand Credit Agreement [Member] | Prime Rate [Member]
Line of Credit Facility [Line Items]
Debt instrument basis spread on variable rate	0.50%
Demand Credit Agreement [Member] | 20-year Installment Loan [Member]
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity	$ 6
Debt instrument, term	20 years					20 years		20 years
Demand Credit Agreement [Member] | 5-year Installment Loan [Member]
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity	$ 0.5
Debt instrument, term	5 years
2021 Credit Agreement [Member]
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity	$ 2
Description on effective equity	The 2021 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 holdings) not exceeding 2.5 to 1, a current ratio (excluding amounts due from related parties) of at least 1.3 to 1 and minimum “effective equity” of CAD$4.0 million.
Minimum effective equity	$ 4
2021 Credit Agreement [Member] | 20-year Installment Loan [Member]
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity	$ 5.1
Debt instrument, term	20 years
2021 Credit Agreement [Member] | 5-year Installment Loan [Member]
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity	$ 0.5
Debt instrument, term	5 years
Line of Credit [Member] | Demand Credit Agreement [Member]
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity	$ 3.5

Schedule of Lease Costs and Oth

Schedule of Lease Costs and Other Lease Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Leases
Amortization of right-of-use assets	$ 3	$ 1	$ 6	$ 3
Interest on lease liabilities	1		2	292
Operating lease cost	36	218	160	666
Short-term lease cost	13	13	41	42
Sublease income		(93)	(32)	(246)
Net lease cost	53	139	177	757
Operating cash flows from finance leases	1		2	292
Operating cash flows from operating leases	29	203	170	617
Financing cash flows from finance leases	3	1	5	2,106
Right-of-use assets obtained in exchange for new finance lease liabilities			68
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 97		$ 97
Weighted-average remaining lease term - finance leases (years)	4 years 6 months		4 years 6 months
Weighted-average remaining lease term - operating leases (years)	4 years 10 months 24 days		4 years 10 months 24 days
Weighted-average discount rate finance leases	6.40%		6.40%
Weighted-average discount rate operating leases	6%		6%

Schedule of Future Minimum Leas

Schedule of Future Minimum Lease Payments (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Leases
Operating lease Remainder of 2022	$ 32
Finance lease Remainder of 2022	4
Operating lease 2023	131
Finance lease 2023	16
Operating lease 2024	101
Finance lease 2024	16
Operating lease 2025	79
Finance lease 2025	16
Operating lease 2026	81
Finance lease 2026	16
Operating lease Thereafter	14
Finance lease Thereafter	5
Operating lease ,Total lease payments	438
Finance lease ,Total lease payments	73
Less: Amount representing interest	(37)
Less: Amount representing interest	(10)
Present value of lease payments	401
Present value of lease payments	63
Less: Current maturities	(114)	$ (577)
Less: Current maturities	(12)
Lease obligations, net of current portion	287	3,586
Lease obligations, net of current portion	$ 51

Leases (Details Narrative)

Leases (Details Narrative)	9 Months Ended
	Sep. 30, 2022
Leases
Operating and finance lease, expire term	expiring through 2027

Income and Other Taxes (Details

Income and Other Taxes (Details Narrative) - USD ($)	9 Months Ended		12 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021	Jul. 31, 2021
Payments to Employees			$ 10,000
Line of credit facility, current borrowing capacity			$ 7,000
Payroll taxes		$ 600,000		$ 1,500,000
Compensation expense, excluding cost of good and service sold	$ 1,500,000	600,000
Selling and Marketing Expense [Member]
Compensation expense, excluding cost of good and service sold	100,000
General and Administrative Expense [Member]
Compensation expense, excluding cost of good and service sold	400,000	200,000
Discontinued Operations [Member]
Compensation expense, excluding cost of good and service sold	200,000
Service [Member]
Compensation expense, excluding cost of good and service sold	$ 800,000	$ 400,000
Paycheck Protection Programme [Member]
Reinsurance retention policy percentage			70%

Summary of Stock Option Activit

Summary of Stock Option Activities (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Share-Based Payment Arrangement [Abstract]
Number of options, outstanding beginning balance	659,500
Weighted average exercise price per share, outstanding beginning balance	$ 3.68
Weighted average remaining contractual term (years), ending balance	5 years 9 months 18 days	6 years 7 months 6 days
Aggregate intrinsic value, beginning balance	$ 187
Number of options, granted
Number of options, exercised
Number of options, forfeited	(12,000)
Weighted average exercise price per share, forfeited	$ 1.60
Number of options, expired	(8,000)
Weighted average exercise price per share, expired	$ 3.54
Number of options, outstanding ending balance	639,500	659,500
Weighted average exercise price per share, outstanding ending balance	$ 3.72	$ 3.68
Aggregate intrinsic value, ending balance	$ 52	$ 187
Number of options, exercisable	434,000
Weighted average exercise price per share, exercisable	$ 4.25
Weighted average remaining contractual term (years), exercisable	5 years 3 months 18 days
Aggregate intrinsic value, exercisable	$ 10

Summary of Restricted Stock Act

Summary of Restricted Stock Activity (Details) - Restricted Stock Shares [Member]	9 Months Ended
	Sep. 30, 2022 $ / shares shares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of restricted stock, non-vested beginning balance	314,079
Weighted average grant date fair value, non-vested beginning balance | $ / shares	$ 2.45
Number of restricted stock, shares granted	120,829
Weighted average grant date fair value, granted | $ / shares	$ 2.40
Number of restricted stock, shares vested	(189,641)
Weighted average grant date fair value, shares vested | $ / shares	$ 3.02
Number of restricted stock, shares forfeited
Number of restricted stock, non-vested ending balance	245,267
Weighted average grant date fair value, non-vested ending balance | $ / shares	$ 1.99

Stock Compensation (Details Nar

Stock Compensation (Details Narrative) - USD ($) $ in Millions			3 Months Ended		9 Months Ended		12 Months Ended
	Jul. 01, 2022	Dec. 17, 2019	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Compensation cost expected to be recognized, weighted average period					5 years 9 months 18 days		6 years 7 months 6 days
Equity Option [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, options, non-vested, number			205,500		205,500
Unrecognized compensation cost related to stock option awards			$ 0.2		$ 0.2
Compensation cost expected to be recognized, weighted average period					1 year 10 months 24 days
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of shares, granted	120,829
Unrecognized for restricted stock, value			$ 0.2		$ 0.2
Compensation cost expected to be recognized, weighted average period					1 year 1 month 6 days
2017 Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of shares authorized for issuance		1,975,000
Share based compensation extended expiration date		Oct. 27, 2029
Share based compensation arrangement, number of shares available for grant			2,300,000		2,300,000
Selling, General and Administrative Expenses [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share based compensation expense			$ 0.1	$ 0.2	$ 0.5	$ 0.7

Commitments, Contingencies an_2

Commitments, Contingencies and Concentrations (Details Narrative) - USD ($) $ in Millions	3 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Sep. 30, 2022	Dec. 31, 2021
Product Liability Contingency [Line Items]
Loss contingency reserve			$ 0.3
Product and Service, Other [Member]
Product Liability Contingency [Line Items]
Accounts receivable	$ 0.2	$ 0.2
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | Top 10 Customers [Member]
Product Liability Contingency [Line Items]
Concentration risk, percentage	66%	52%
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Top 10 Customers [Member]
Product Liability Contingency [Line Items]
Concentration risk, percentage		45%

Schedule of Segment Reporting I

Schedule of Segment Reporting Information by Segment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Segment Reporting Information [Line Items]
Total net revenues	$ 10,274	$ 6,116	$ 29,442	$ 16,981
Total gross profit	2,740	2,448	7,670	6,072
Total segment operating income	698	886	1,318	1,573
Unallocated administrative expenses	(990)	(1,004)	(3,258)	(3,434)
Loss from operations	(292)	(118)	(1,940)	(1,861)
Other (expense) income, net	(864)	10,223	(3,788)	9,937
(Loss) income from continuing operations before income taxes and equity method holding loss	(1,156)	10,105	(5,728)	8,076
Strong Entertainment [Member]
Segment Reporting Information [Line Items]
Total net revenues	9,904	5,822	28,446	16,121
Total gross profit	2,371	2,154	6,674	5,428
Total segment operating income	732	1,028	1,522	2,150
Other Segments [Member]
Segment Reporting Information [Line Items]
Total net revenues	370	294	996	860
Total gross profit	369	294	996	644
Total segment operating income	$ (34)	$ (142)	$ (204)	$ (577)

Schedule of Reconciliation of A

Schedule of Reconciliation of Assets from Segment to Consolidated (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Total	$ 69,364	$ 75,809
Strong Entertainment [Member]
Segment Reporting Information [Line Items]
Total	33,344	38,518
Corporate Assets [Member]
Segment Reporting Information [Line Items]
Total	$ 36,020	$ 37,291

Schedule of Segment Reporting_2

Schedule of Segment Reporting Information by Geographic Area (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenues from External Customers and Long-Lived Assets [Line Items]
Total	$ 10,274	$ 6,116	$ 29,442	$ 16,981
UNITED STATES
Revenues from External Customers and Long-Lived Assets [Line Items]
Total	8,780	4,735	25,403	13,831
CANADA
Revenues from External Customers and Long-Lived Assets [Line Items]
Total	391	524	1,264	1,101
CHINA
Revenues from External Customers and Long-Lived Assets [Line Items]
Total	48	197	327	355
MEXICO
Revenues from External Customers and Long-Lived Assets [Line Items]
Total	12	1	19	15
Latin America [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total	97	45	317	146
Europe [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total	525	244	790	442
Asia Excluding China [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total	142	290	573	636
Other Countries [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total	$ 279	$ 80	$ 749	$ 455

Schedule of Identifiable Assets

Schedule of Identifiable Assets by Geographical Area (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Revenues from External Customers and Long-Lived Assets [Line Items]
Total	$ 69,364	$ 75,809
UNITED STATES
Revenues from External Customers and Long-Lived Assets [Line Items]
Total	48,632	46,585
CANADA
Revenues from External Customers and Long-Lived Assets [Line Items]
Total	$ 20,732	$ 29,224