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Segment Information (Tables)
3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Schedule of Revenues, Expenditures and Other Operating Data of Company's Operating Segments

The following data presents the revenues, expenditures and other operating data of the Company’s operating segments for the three months ended March 31, 2023 and 2022 (In thousands):

 

Three Month Period Ended March 31, 2023

 

 

 

Three Month Period Ended March 31, 2022

 

Description

 

Precision Electronic Solutions

 

 

Power Electronics & Displays

 

 

RF Solutions

 

 

Total

 

 

Precision Electronic Solutions

 

 

Power Electronics & Displays

 

 

RF Solutions

 

 

Total

 

Revenue

 

$

3,941

 

 

 

$

2,991

 

 

$

1,791

 

 

$

8,723

 

 

 

$

3,254

 

 

$

2,479

 

 

$

1,511

 

 

$

7,244

 

Cost of revenue

 

 

3,210

 

 

 

 

2,112

 

 

 

1,238

 

 

 

6,560

 

 

 

 

2,316

 

 

 

1,594

 

 

 

842

 

 

 

4,751

 

Gross profit

 

 

730

 

 

 

 

879

 

 

 

554

 

 

 

2,163

 

 

 

 

939

 

 

 

886

 

 

 

669

 

 

 

2,493

 

Operating expenses

 

 

2,791

 

 

 

 

1,682

 

 

 

1,481

 

 

 

5,954

 

 

 

 

1,117

 

 

 

1,028

 

 

 

839

 

 

 

2,984

 

Other income (expense), net and income tax benefit (provision)

 

 

(560

)

 

 

 

(587

)

 

 

(187

)

 

 

(1,334

)

 

 

 

26

 

 

 

(15

)

 

 

8

 

 

 

19

 

Loss from continuing operations before income taxes

 

$

(1,502

)

 

 

$

(215

)

 

$

(740

)

 

$

(2,457

)

 

 

$

(203

)

 

$

(128

)

 

$

(178

)

 

$

(510

)

Assets (at period end)

 

$

19,402

 

 

 

$

8,697

 

 

$

10,652

 

 

$

38,751

 

 

 

$

17,206

 

 

$

7,564

 

 

$

9,781

 

 

$

34,550