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Segment Reporting
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
The Company’s reportable segments are based on the internal reporting used by the Company’s Chief Executive Officer, who is the chief operating decision maker (CODM), to assess operating performance and make decisions about the allocation of resources. The Company’s reportable segments are based upon geographic region, consisting of the United States and Europe. The Corporate Unallocated category includes non-reportable segments, as well as research and development and general and administrative costs that the Company does not allocate directly to its operating segments.
Intercompany transactions primarily relate to intercontinental activity and have been eliminated and are excluded from the reported amounts. The difference between income from operations and pre-tax income relates to foreign currency-related gains and losses and interest income on cash balances and investments, which are not allocated to business segments.
The following table summarizes selected financial information by reportable segments:
Three Months Ended September 30, 2025
(in thousands)
United StatesEuropeCorporate UnallocatedTotal
Revenue$109,361 $26,005 $— $135,366 
Segment expenses1
81,028 28,696 16,683 126,407 
Exit, Disposal and Goodwill impairment costs— 149 — 149 
Income (Loss) from Operations$28,333 $(2,840)$(16,683)$8,810 
Three Months Ended September 30, 2024
(in thousands)
United StatesEuropeCorporate UnallocatedTotal
Revenue$99,571 $26,048 $— $125,619 
Segment expenses1
73,884 28,446 14,709 117,039 
Exit, Disposal and Goodwill impairment costs— — — — 
Income (Loss) from Operations$25,687 $(2,398)$(14,709)$8,580 
Nine Months Ended September 30, 2025
(in thousands)
United StatesEuropeCorporate UnallocatedTotal
Revenue$320,340 $76,294 $— $396,634 
Segment expenses1
238,823 87,815 51,576 378,214 
Exit, Disposal and Goodwill impairment costs— 110 — 110 
Income (Loss) from Operations$81,517 $(11,631)$(51,576)$18,310 
Nine Months Ended September 30, 2024
(in thousands)
United StatesEuropeCorporate UnallocatedTotal
Revenue$299,593 $79,547 $— $379,140 
Segment expenses1
223,333 86,121 48,280 357,734 
Exit, Disposal and Goodwill impairment costs— — — — 
Income (Loss) from Operations$76,260 $(6,574)$(48,280)$21,406 
1 Segment expenses consist primarily of raw materials, equipment depreciation, employee compensation including benefits, commissions and stock-based compensation, facilities costs and overhead allocations associated with the manufacturing process for molds and custom parts, marketing programs such as electronic, print and pay-per-click advertising and trade shows and other related costs for our United States and Europe reportable segments. Segment expenses for our Corporate Unallocated reportable segment consist primarily of personnel and outside service costs related to the development of new processes and product lines, enhancements of existing product
lines, software developed for internal use, maintenance of internally developed software, quality assurance and testing, employee compensation including benefits and stock-based compensation, severance, professional service fees related to accounting, tax and legal, and other related overhead costs.
Total long-lived assets, expenditures for additions to long-lived assets, and depreciation and amortization expense were as follows:
(in thousands)September 30,
2025		December 31,
2024
Total long-lived assets:
United States$168,988 $181,291 
Europe42,337 45,972 
Total Long-lived Assets$211,325 $227,263 
Three Months Ended
September 30,		Nine Months Ended
September 30,
(in thousands)2025202420252024
Expenditures for additions to long-lived assets:
United States$3,636 $1,368 $5,929 $5,734 
Europe426 187 863 2,605 
Total expenditures for additions to long-lived assets$4,062 $1,555 $6,792 $8,339 
Three Months Ended
September 30,		Nine Months Ended
September 30,
(in thousands)2025202420252024
Depreciation and Amortization:
United States$6,904 $7,156 $20,916 $21,667 
Europe1,470 1,718 4,560 5,194 
Corporate Unallocated55 35 $217 $123 
Total depreciation and amortization$8,429 $8,909 $25,693 $26,984 
Revenue by product line the three and nine months ended September 30, 2025 and 2024 were as follows:
Three Months Ended
September 30,		Nine Months Ended
September 30,
(dollars in thousands)2025202420252024
Revenue:
Injection Molding$47,770 $46,831 $143,908 $148,574 
CNC Machining63,043 53,327 177,831 154,498 
3D Printing20,082 21,437 61,491 64,300 
Sheet Metal4,262 3,743 12,776 11,218 
Other Revenue209 281 628 550 
Total Revenue$135,366 $125,619 $396,634 $379,140