Note 6 - Revenue From Contracts With Customers

12 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Revenue from Contract with Customer [Text Block]

(6) REVENUE FROM CONTRACTS WITH CUSTOMERS

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 also “Note (17) Segment Information” for information about revenue by operating segment and geographic region.

	Years Ended December 31,
(in thousands)	2024		2023
Revenue by customer type:
End user	$	105,955	$	85,397
OEM/Integrator/Distributor		24,735		37,905
	$	130,690	$	123,302
Revenue by product type:
Thermal test	$	17,822	$	21,344
Thermal process		33,783		44,914
Semiconductor test		24,084		30,235
Video imaging		7,643		9,086
Flying probe and in-circuit testers		9,340		6,981
Alfamation™ products		23,383		-
Service/other		14,635		10,742
	$	130,690	$	123,302
Revenue by market:
Semi	$	48,708	$	65,735
Industrial		13,382		14,310
Automotive (including Electric Vehicles)		32,871		9,895
Life Sciences		5,400		4,856
Defense/aerospace		15,317		12,537
Security		2,946		3,688
Other		12,066		12,281
	$	130,690	$	123,302

Major Customers

During the year ended December 31, 2024, one customer accounted for 13% of our consolidated revenue. This revenue was primarily generated by our Electronic Test segment. During the year ended December 31, 2023, this same customer accounted for 13% of our consolidated revenue.