REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)

3 Months Ended

Mar. 31, 2025

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following tables provide additional information about our revenue from contracts with customers, including revenue by customer and product type and revenue by market. See “Note (18) Segment Information” for information about revenue by operating segment and geographic region.

	Three Months Ended March 31,
(in thousands)	2025		2024
Revenue by customer type:
End user	$	22,436	$	21,430
OEM/Integrator	4,201		8,394
	$	26,637	$	29,824

	Three Months Ended March 31,
(in thousands)	2025			2024
Revenue by product type:
Thermal test	$	4,393		$	3,699
Thermal process	5,281			10,955
Semiconductor test	4,734			6,282
Video imaging	2,057			2,119
Flying probe and in-circuit testers	1,856			2,744
Alfamation™ products	4,149			1,379
Service/other	4,167			2,646
	$	26,637	—	$	29,824

	Three Months Ended March 31,
(in thousands)	2025		2024
Revenue by market:
Semi	$	8,995	$	14,967
Auto/EV	5,959		3,958
Defense/Aerospace	2,828		3,239
Industrial	3,021		4,187
Life Sciences	1,688		653
Safety/Security	564		541
Other	3,582		2,279
	$	26,637	$	29,824

Activity Related to Allowance for Credit Losses

Activity related to our allowance for credit losses was as follows:

	Three Months Ended March 31,
(in thousands)	2025		2024
Beginning balance	$	423	$	474
Credit loss expense, net of release of unused allowance	(14)		—
Write-offs	—		(48)
Foreign currency translation impact	2		—
Ending balance	$	411	$	426