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Segments (Tables)
 9 Months Ended
Sep. 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 September 30,For the Nine Months Ended September 30,
2024202320242023
Revenue by Segment
Industrial IoT$918 $— $2,169 $— 
Commercial Aviation— — — — 
 Total segment revenue $918 $— $2,169 $— 
Gross profit by Segment
Industrial IoT$520 $— $1,323 $— 
Commercial Aviation— — — — 
 Gross profit by Segment $520 $— $1,323 $— 
Research and Development Expenses by Segment
Industrial IoT
$609 $— 1,361 — 
Commercial Aviation
619 472 1,479 1,299 
Research and Development Expenses by Segment
$1,228 $472 $2,840 $1,299 
Income (loss) from operations by Segment
Industrial IoT
$(1,312)$— $(2,788)$— 
Commercial Aviation
1,788 (2,378)(7,161)(7,702)
Loss from operations by segment
$476 $(2,378)$(9,949)$(7,702)
Unallocated costs
(4,692)— (17,071)— 
Consolidated loss from operations
$(4,216)$(2,378)$(27,020)$(7,702)
Schedule of Total Assets by Reportable Segment
The following table presents total assets by reportable segment (in thousands):
September 30,December 31,
20242023
Industrial IoT
$21,583 $— 
Commercial Aviation
1,231 509 
Total assets by segment$22,814 $509 
Corporate 6,469 — 
Total consolidated assets$29,283 $509