SEGMENT AND GEOGRAPHIC AREA INFORMATION

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

SEGMENT AND GEOGRAPHIC AREA INFORMATION

SEGMENT AND GEOGRAPHIC AREA INFORMATION

The following tables present our results of operations by reportable segment as reconciled to consolidated net (loss) earnings before income tax (benefit) expense:

	Three Months Ended September 30, 2025
(in thousands)	Electronic  Test		Environmental Technologies		Process Technologies		Corporate & Other		Consolidated
Revenue	$	12,099	$	7,490	$	6,647	$	—	$	26,236
Cost of revenue	6,498		4,566		4,180		—		15,244
Other divisional costs	4,455		2,144		2,565		—		9,164
Division operating income (loss)	1,146		780		(98)		—		1,828
Acquired intangible amortization							841		841
Restructuring costs							116		116
Corporate expenses							2,064		2,064
Operating (loss) income	1,146		780		(98)		(3,021)		(1,193)
Interest expense							(95)		(95)
Other income							61		61
(Loss) earnings before income tax (benefit) expense	$	1,146	$	780	$	(98)	$	(3,055)	$	(1,227)
Supplemental Disclosures:
Depreciation	$	157	$	57	$	59	$	44	$	317
Stock-based compensation	99		41		(1)		215		354
Capital expenditures	198		62		24		123		407
Total assets	$	75,397	$	21,710	$	49,311	$	1,859	$	148,277

	Three Months Ended September 30, 2024
(in thousands)	Electronic  Test		Environmental Technologies		Process Technologies		Corporate & Other		Consolidated
Revenue	$	15,481	$	6,734	$	8,057	$	—	$	30,272
Cost of revenue	7,861		4,035		4,364		—		16,260
Other divisional costs	5,309		2,273		2,623		—		10,205
Division operating income	2,311		426		1,070		—		3,807
Acquired intangible amortization							944		944
Corporate expenses							2,376		2,376
Operating income (loss)	2,311		426		1,070		(3,320)		487
Interest expense							(219)		(219)
Other income							301		301
Earnings (loss) before income tax expense (benefit)	$	2,311	$	426	$	1,070	$	(3,238)	$	569
Supplemental Disclosures:
Depreciation	$	157	$	83	$	93	$	22	$	355
Stock-based compensation	56		48		53		380		537
Capital expenditures	130		161		46		168		505
Total assets	$	81,592	$	21,335	$	53,596	$	1,844	$	158,367

	Nine Months Ended September 30, 2025
($ in thousands)	Electronic Test		Environmental Technologies		Process Technologies		Corporate & Other		Consolidated
Revenue	$	39,091	$	20,973	$	20,939	$	—	$	81,003
Cost of revenue	21,229		13,263		12,490		—		46,982
Other divisional costs	14,475		6,574		7,941		—		28,990
Division operating income	3,387		1,136		508		—		5,031
Acquired intangible amortization							2,504		2,504
Restructuring costs							645		645
Corporate expenses							6,883		6,883
Operating (loss) income	3,387		1,136		508		(10,032)		(5,001)
Interest expense							(366)		(366)
Other income							768		768
(Loss) earnings before income tax expense	$	3,387	$	1,136	$	508	$	(9,630)	$	(4,599)
Supplemental Disclosures:
Depreciation	$	463	$	184	$	182	$	118	$	947
Stock-based compensation	239		90		119		764		1,212
Capital expenditures	395		168		39		496		1,098
Total assets	$	75,397	$	21,710	$	49,311	$	1,859	$	148,277

    

	Nine Months Ended September 30, 2024
($ in thousands)	Electronic Test		Environmental Technologies		Process Technologies		Corporate & Other		Consolidated
Revenue	$	42,756	$	21,835	$	29,496	$	—	$	94,087
Cost of revenue	22,869		13,584		16,749		—		53,202
Other divisional costs	14,020		6,817		8,746		—		29,583
Division operating income	5,867		1,434		4,001		—		11,302
Acquired intangible amortization							2,436		2,436
Corporate expenses							7,551		7,551
Operating income (loss)	5,867		1,434		4,001		(9,987)		1,315
Interest expense							(612)		(612)
Other income							949		949
Earnings (loss) before income tax expense	$	5,867	$	1,434	$	4,001	$	(9,650)	$	1,652
Supplemental Disclosures:
Depreciation	$	399	$	227	$	293	$	65	$	984
Stock-based compensation	162		134		87		1,067		1,450
Capital expenditures	272		512		133		244		1,161
Total assets	$	81,592	$	21,335	$	53,596	$	1,844	$	158,367

The following tables provide information about our geographic areas of operation. Revenue is based on the location to which the goods are shipped.

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(in thousands)	2025		2024		2025		2024
Revenue:
U.S.	$	12,357	$	10,866	$	37,395	$	35,766
Foreign	13,879		19,406		43,608		58,321
	$	26,236	$	30,272	$	81,003	$	94,087

(in thousands)	September 30, 2025		December 31, 2024
Property and equipment:
U.S.	$	2,223	$	2,280
Foreign	2,499		2,177
	$	4,722	$	4,457