Annual report pursuant to Section 13 and 15(d)

NOTE 15: - SEGMENT INFORMATION (Details) - Schedule of Segment Reporting Information

v3.6.0.2
NOTE 15: - SEGMENT INFORMATION (Details) - Schedule of Segment Reporting Information - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
2016                      
Revenues from outside customers $ 21,489,000 $ 24,301,000 $ 21,780,000 $ 25,406,000 $ 27,414,000 $ 23,289,000 $ 21,644,000 $ 24,227,000 $ 92,975,752 $ 96,573,947 $ 103,562,349
Financial income (expense)                 (975,263) (1,152,121) (1,507,489)
Income tax (expense) benefit                 (783,420) (1,160,946) (1,023,837)
Net income (loss) (2,034,000) $ 1,505,000 $ (569,000) $ (382,000) 399,000 $ (618,000) $ (2,243,000) $ (483,000) (2,848,256) (2,945,026) 3,486,961
Segment assets 109,410,336       117,493,016       109,410,336 117,493,016  
Training and Simulation Division [Member]                      
2016                      
Revenues from outside customers                 46,358,794 54,617,611 56,404,498
Depreciation and amortization expenses (1) [1]                 (1,113,001) (912,930) (756,939)
Direct expenses (2) [2]                 (37,637,110) (44,711,979) (45,313,956)
Segment net income (loss)                 7,608,683 8,992,702 10,333,603
Financial income (expense)                 (41,397) (59,791) (50,975)
Income tax (expense) benefit                 24,634 (233,106) (133,692)
Net income (loss)                 7,591,920 8,699,805 10,148,936
Segment assets 43,740,316 [3]       57,433,489       43,740,316 [3] 57,433,489 58,090,953
Additions to long-lived assets                 586,068 1,139,074 1,533,371 [4]
Power Systems Division [Member]                      
2016                      
Revenues from outside customers                 46,616,958 41,956,336 47,157,851
Depreciation and amortization expenses (1) [1]                 (3,531,851) (3,957,368) (3,477,855)
Direct expenses (2) [2]                 (43,682,708) (41,863,776) (40,704,521)
Segment net income (loss)                 (597,601) (3,864,808) 2,975,475
Financial income (expense)                 (87,371) 21,432 (203,902)
Income tax (expense) benefit                 28,507 0 61,777
Net income (loss)                 (656,465) (3,843,376) 2,833,350
Segment assets 58,955,828 [3]       59,498,304       58,955,828 [3] 59,498,304 65,781,686
Additions to long-lived assets                 1,081,815 1,374,354 29,159,805 [4]
Corporate Segment [Member]                      
2016                      
Revenues from outside customers                 0 0 0
Depreciation and amortization expenses (1) [1]                 (19,732) (25,220) (20,452)
Direct expenses (2) [2]                 (6,712,241) (4,840,578) (6,874,118)
Segment net income (loss)                 (6,731,973) (4,865,798) (6,894,570)
Financial income (expense)                 (846,495) (1,113,762) (1,252,612)
Income tax (expense) benefit                 (836,561) (927,840) (951,922)
Net income (loss)                 (8,415,029) (6,907,400) (9,099,104)
Segment assets 6,444,053 [3]       492,922       6,444,053 [3] 492,922 866,708
Additions to long-lived assets                 0 4,501 13,344 [4]
Discontinued Operations [Member]                      
2016                      
Revenues from outside customers                 92,975,752 96,573,947 103,562,349
Depreciation and amortization expenses (1) [1]                 (4,664,584) (4,895,518) (4,255,246)
Direct expenses (2) [2]                 (88,032,059) (91,416,331) (92,892,595)
Segment net income (loss)                 279,109 262,098 6,414,508
Financial income (expense)                 (975,263) (1,152,121) (1,507,489)
Income tax (expense) benefit                 (783,420) (1,160,946) (1,023,837)
Net income (loss)                 (1,479,574) (2,050,969) 3,883,182
Segment assets $ 109,140,197 [3]       $ 117,424,715       109,140,197 [3] 117,424,715 124,739,347
Additions to long-lived assets                 $ 1,667,883 $ 2,540,005 $ 30,706,520 [4]
[1] Includes depreciation of property and equipment and amortization expenses of intangible assets.
[2] Including, inter alia, sales and marketing, general and administrative, research and development and other income.
[3] Cash balances previously reported in the Training and Simulation Division in 2015 are reported in Corporate in 2016.
[4] Includes intangible assets associated with the acquisition of UEC.