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GEOGRAPHIC INFORMATION
 12 Months Ended
Dec. 31, 2024
GEOGRAPHIC INFORMATION  
GEOGRAPHIC INFORMATION

NOTE 14 –GEOGRAPHIC INFORMATION

 

Major operations outside the U.S. include sales, engineering and service support by subsidiaries in Germany as well as in China, which also manufactures some of our products.  None of our employees are represented by a collective bargaining agreement.

 

We determine international sales by the international geographic destination into which the products are sold and delivered and include not only sales by foreign subsidiaries but also export sales from the U.S. to our foreign distributors and to our representatives’ customers.  International sales do not include transfers between Data I/O and our foreign subsidiaries.  Operating income by region is based on sales noted above less direct costs and allocated costs including U.S. headquarter operations, engineering and SG&A.

 

The following tables provide summary operating information by geographic area:

 

 

 

Year Ended December 31,

 

(in thousands)

 

2024

 

 

2023

 

Net sales by region

 

 

 

 

 

 

Americas

 

$5,453

 

 

$9,719

 

Europe

 

 

6,237

 

 

 

9,469

 

Asia and others

 

 

10,079

 

 

 

8,876

 

 

 

$21,769

 

 

$28,064

 

 

 

 

 

 

 

 

 

 

Operating income:

 

 

 

 

 

 

 

 

Americas

 

$(1,216)

 

$(386)

Europe

 

 

(857)

 

 

638

 

Asia and others

 

 

(965)

 

 

196

 

 

 

$(3,038)

 

$448

 

 

 

 

 

 

 

 

 

 

Identifiable assets:

 

 

 

 

 

 

 

 

Americas (primarily U.S.)

 

$14,292

 

 

$14,606

 

Europe (primarily Germany)

 

 

4,561

 

 

 

4,966

 

Asia & others (primarily China)

 

 

6,117

 

 

 

7,829

 

 

 

$24,970

 

 

$27,401