|
Three Months Ended December 31,
|
Years Ended December 31,
|
||
|
2015
|
2014
|
2015
|
2014
|
|
|
|
|
|
Revenues
|
$ 6,604
|
$ 10,670
|
$ 23,587
|
$ 34,238
|
Cost of revenues
|
4,009
|
7,390
|
16,284
|
24,180
|
Gross profit
|
2,595 |
3,280
|
7,303 |
10,058
|
Gross profit margin
|
39%
|
31%
|
31%
|
29%
|
Operating expenses:
|
|
|
|
|
Research and development
|
501
|
643
|
2,453
|
2,807
|
% of sales
|
8%
|
6%
|
10%
|
8%
|
Selling and marketing
|
316
|
739
|
1,530
|
1,947
|
% of sales
|
5%
|
7%
|
6%
|
6%
|
General and administrative
|
1,317
|
2,070
|
4,723
|
6,290
|
% of sales
|
20%
|
19%
|
20%
|
18%
|
Amortization of intangible assets
|
229
|
293
|
1,118
|
850
|
Total operating expenses
|
2,363
|
3,745
|
9,824
|
11,894
|
% of sales
|
36%
|
35%
|
42%
|
35%
|
|
|
|
|
|
Net income (loss) attributable to MICT
|
89
|
(28)
|
(2,467)
|
(2,139)
|
Basic and diluted income (loss) per share
|
0.02
|
(0.00)
|
(0.42)
|
(0.37)
|
Weighted average common shares outstanding:
|
5,865,221
|
5,843,746
|
5,861,630
|
5,834,371
|