Quarterly report pursuant to Section 13 or 15(d)

NOTE 4: SEGMENT INFORMATION (Details) - Schedule of Segment Reporting Information

v3.7.0.1
NOTE 4: SEGMENT INFORMATION (Details) - Schedule of Segment Reporting Information - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Dec. 31, 2016
Segment Reporting Information [Line Items]      
Revenues from outside customers $ 22,347,445 $ 25,406,481  
Financial income (expense) (333,857) (337,658)  
Income tax expense (219,940) (213,453)  
Net income (loss) (768,308) (643,777)  
Segment assets(3) 110,011,792   $ 109,410,336
Training and Simulation Division [Member]      
Segment Reporting Information [Line Items]      
Revenues from outside customers 10,351,189 13,300,842  
Depreciation and amortization expense(1) [1] (270,663) (272,660)  
Direct expenses(2) [2] (9,377,698) (10,927,734)  
Segment net income (loss) 702,828 2,100,448  
Financial income (expense) (12,668) (11,061)  
Income tax expense (35,000) (62,800)  
Net income (loss) 655,160 2,026,587  
Segment assets(3) [3],[4] 43,049,400 51,101,611  
Additions to long-lived assets 155,234 150,411  
Power Systems Division [Member]      
Segment Reporting Information [Line Items]      
Revenues from outside customers 11,996,256 12,105,639  
Depreciation and amortization expense(1) [1] (845,711) (900,891)  
Direct expenses(2) [2] (11,091,332) (11,101,609)  
Segment net income (loss) 59,213 103,139  
Financial income (expense) (150,147) (29,054)  
Income tax expense 43,696 0  
Net income (loss) (47,238) 74,085  
Segment assets(3) [3],[4] 60,776,389 60,327,299  
Additions to long-lived assets 528,941 283,466  
Flow Battery Division [Member]      
Segment Reporting Information [Line Items]      
Revenues from outside customers 0 0  
Depreciation and amortization expense(1) [1] (1,088) (1,487)  
Direct expenses(2) [2] (975,464) (2,033,120)  
Segment net income (loss) (976,552) (2,034,607)  
Financial income (expense) (171,042) (297,543)  
Income tax expense (228,636) (150,653)  
Net income (loss) (1,376,230) (2,482,803)  
Segment assets(3) [3],[4] 6,186,003 2,470,729  
Additions to long-lived assets 0 0  
Corporate Segment [Member]      
Segment Reporting Information [Line Items]      
Revenues from outside customers 22,347,445 25,406,481  
Depreciation and amortization expense(1) [1] (1,117,462) (1,175,038)  
Direct expenses(2) [2] (21,444,494) (24,062,463)  
Segment net income (loss) (214,511) 168,980  
Financial income (expense) (333,857) (337,658)  
Income tax expense (219,940) (213,453)  
Net income (loss) (768,308) (382,131)  
Segment assets(3) [3],[4] 110,011,792 113,899,639  
Additions to long-lived assets $ 684,175 $ 433,877  
[1] Includes depreciation of property and equipment and amortization expenses of intangible assets.
[2] Including, inter alia, sales and marketing, general and administrative.
[3] Cash balances previously reporting in the Training and Simulation Division in 2016 are now reported in Corporate in 2017.
[4] Out of those amounts, goodwill in the Company's Training and Simulation and Power Systems Divisions totaled $24,435,640 and $21,402,711, respectively, as of March 31, 2017 and $24,435,640 and $21,178,653, respectively, as of March 31, 2016.