| Segment Reporting [Abstract] | Period [Axis] |
|---|
2016-01-01 - 2016-12-31 |
|---|
Segment Reporting [Abstract] | |
Information Regarding Net Revenue and Gross Profit by Segment |
Net revenue and gross profit information by segment for the years ended December 31, 2016 and 2015 are as follows (in thousands):
|
|
Year Ended December 31, |
|
|
|
2016 |
|
|
2015 |
|
|
PACS: |
|
|
|
|
|
|
|
|
Net revenue |
$ |
24,696 |
|
|
$ |
19,963 |
|
|
Gross profit |
|
14,034 |
|
|
|
11,522 |
|
|
Gross profit margin |
|
57 |
% |
|
|
58 |
% |
|
Identity: |
|
|
|
|
|
|
|
|
Net revenue |
|
12,902 |
|
|
|
11,950 |
|
|
Gross profit |
|
5,015 |
|
|
|
5,040 |
|
|
Gross profit margin |
|
39 |
% |
|
|
42 |
% |
|
Credentials: |
|
|
|
|
|
|
|
|
Net revenue |
|
17,992 |
|
|
|
27,336 |
|
|
Gross profit |
|
4,427 |
|
|
|
5,613 |
|
|
Gross profit margin |
|
25 |
% |
|
|
21 |
% |
|
All Other: |
|
|
|
|
|
|
|
|
Net revenue |
|
578 |
|
|
|
1,545 |
|
|
Gross profit |
|
253 |
|
|
|
974 |
|
|
Gross profit margin |
|
44 |
% |
|
|
63 |
% |
|
Total: |
|
|
|
|
|
|
|
|
Net revenue |
|
56,168 |
|
|
|
60,794 |
|
|
Gross profit |
|
23,729 |
|
|
|
23,149 |
|
|
Gross profit margin |
|
42 |
% |
|
|
38 |
% |
|
Operating expenses: |
|
|
|
|
|
|
|
|
Research and development |
|
6,520 |
|
|
|
9,151 |
|
|
Selling and marketing |
|
14,032 |
|
|
|
20,236 |
|
|
General and administrative |
|
11,309 |
|
|
|
19,604 |
|
|
Impairment of goodwill |
|
— |
|
|
|
8,771 |
|
|
Restructuring and severance |
|
3,088 |
|
|
|
1,266 |
|
|
Total operating expenses: |
|
34,949 |
|
|
|
59,028 |
|
|
Loss from operations |
|
(11,220 |
) |
|
|
(35,879 |
) |
|
Non-operating income (expense): |
|
|
|
|
|
|
|
|
Interest expense, net |
|
(2,378 |
) |
|
|
(1,908 |
) |
|
Foreign currency gains (losses), net |
|
27 |
|
|
|
(1,211 |
) |
|
Loss before income taxes and noncontrolling interest |
$ |
(13,571 |
) |
|
$ |
(38,998 |
) |
|
Information Regarding Net Revenue by Geographic Region |
Geographic net revenue is based on the customer’s ship-to location. Information regarding net revenue by geographic region is as follows (in thousands):
|
|
Year Ended December 31, |
|
|
|
2016 |
|
|
2015 |
|
|
Americas |
$ |
38,135 |
|
|
$ |
40,848 |
|
|
Europe and the Middle East |
|
8,589 |
|
|
|
9,472 |
|
|
Asia-Pacific |
|
9,444 |
|
|
|
10,474 |
|
|
Total |
$ |
56,168 |
|
|
$ |
60,794 |
|
|
Revenues: |
|
|
|
|
|
|
|
|
Americas |
|
68 |
% |
|
|
67 |
% |
|
Europe and the Middle East |
|
15 |
% |
|
|
16 |
% |
|
Asia-Pacific |
|
17 |
% |
|
|
17 |
% |
|
Total |
|
100 |
% |
|
|
100 |
% |
|
Long-Lived Assets by Geographic Location |
Long-lived assets by geographic location as of December 31, 2016 and 2015 are as follows (in thousands):
|
|
December 31, |
|
|
|
2016 |
|
|
2015 |
|
|
Property and equipment, net: |
|
|
|
|
|
|
|
|
Americas |
$ |
1,100 |
|
|
$ |
2,096 |
|
|
Europe and the Middle East |
|
162 |
|
|
|
295 |
|
|
Asia-Pacific |
|
1,154 |
|
|
|
1,827 |
|
|
Total property and equipment, net |
$ |
2,416 |
|
|
$ |
4,218 |
|
|
Summary of Company's Net Revenues |
The Company’s net revenue is represented by the following product categories as of December 31, 2016 and 2015 (in thousands):
|
|
Year Ended December 31, |
|
|
|
2016 |
|
|
2015 |
|
|
Tags and transponders |
$ |
10,890 |
|
|
$ |
20,310 |
|
|
Logical and physical access control readers |
|
17,671 |
|
|
|
17,165 |
|
|
Controller panels |
|
14,908 |
|
|
|
10,272 |
|
|
Access cards and provisioning |
|
7,106 |
|
|
|
7,394 |
|
|
Third party access control products |
|
1,645 |
|
|
|
1,523 |
|
|
Other |
|
3,948 |
|
|
|
4,130 |
|
|
Total |
$ |
56,168 |
|
|
$ |
60,794 |
|
|