Note 8 - Segment and Enterprise-wide Disclosures

9 Months Ended

Sep. 30, 2023

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

8. Segment and Enterprise-Wide Disclosures

The FASB establishes standards for reporting information regarding operating segments in financial statements. Operating segments are identified as components of an enterprise that engage in business activities for which separate, discrete financial information is available and is regularly reviewed by the chief operating decision-maker in making decisions on how to allocate resources and assess performance. We view our operations and manage our business as one operating segment. No discrete operating information is prepared by us except for sales by product line and operations by legal entity for local purposes.

Most of our revenues are generated in the United States, Germany, the United Kingdom and other European countries and Canada. Substantially all of our assets are located in the United States and Germany. Net sales to unaffiliated customers by country were as follows:

	Three months ended				Nine months ended
	September 30,				September 30,
	2023		2022		2023		2022
	(in thousands)				(in thousands)
United States	$	28,799	$	24,242	$	88,136	$	74,734
Germany		3,317		2,814		10,246		8,675
Canada		2,615		1,962		8,093		6,141
United Kingdom		2,004		1,269		5,952		4,150
Other countries		10,676		8,741		32,174		26,997
Net Sales	$	47,411	$	39,028	$	144,601	$	120,697