Note 7 - Segment and Enterprise-wide Disclosures

9 Months Ended

Sep. 30, 2024

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

7. 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 U.S., Germany, Canada, the United Kingdom (UK) and other European countries. Substantially all our assets are located in the U.S. and Germany. Net sales to unaffiliated customers by country were as follows:

	Three months ended				Nine months ended
	September 30,				September 30,
	2024		2023		2024		2023
	(in thousands)				(in thousands)
United States	$	31,894	$	28,799	$	95,817	$	88,136
Germany		3,889		3,317		10,916		10,246
Canada		3,337		2,615		10,567		8,093
United Kingdom		2,834		2,004		8,080		5,952
Other countries		12,865		10,676		38,766		32,174
Net Sales	$	54,819	$	47,411	$	164,146	$	144,601