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Segments (Tables)
 6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Schedule of Revenue by Major Customers and Reporting Segments
The following table reflects results of operations from our business segments for the periods indicated below (in thousands):
For the Three Months Ended June 30,For the Six Months Ended June 30,
2024202320242023
Revenue by Segment
Industrial IoT$1,031 $— $1,251 $— 
Commercial Aviation— — — — 
 Total segment revenue $1,031 $— $1,251 $— 
Gross profit by Segment
Industrial IoT$662 $— $803 $— 
Commercial Aviation— — — — 
 Gross profit by Segment $662 $— $803 $— 
Research and Development Expenses by Segment
Industrial IoT
$625 $— 751 — 
Commercial Aviation
523 391 861 826 
Research and Development Expenses by Segment
$1,148 $391 $1,612 $826 
Income (loss) from operations by Segment
Industrial IoT
$(1,312)$— $(1,476)$— 
Commercial Aviation
(1,153)(4,041)(8,949)(5,324)
Loss from operations by segment
$(2,465)$(4,041)$(10,425)$(5,324)
Unallocated costs
(11,462)— (12,379)$— 
Consolidated loss from operations
$(13,927)$(4,041)$(22,804)$(5,324)
Schedule of Total Assets by Reportable Segment
The following table presents total assets by reportable segment (in thousands):
June 30,December 31,
20242023
Industrial IoT
$21,268 — 
Commercial Aviation
866 509 
Total assets by segment$22,134 $509 
Corporate 11,907 — 
Total consolidated assets$34,041 $509