Year Ended December 31, 2023

Year Ended December 31, 2022

Description

Precision Electronic Solutions

Power Electronics & Display

RF Solutions

Total

Precision Electronic Solutions

Power Electronics & Display

RF Solutions

Total

Revenue

$

19,592

$

10,039

$

8,195

$

37,826

$

13,950

$

10,175

$

6,130

$

30,255

Cost of revenue

15,401

6,791

5,886

28,078

10,632

6,651

4,497

21,780

Gross profit

4,191

3,248

2,309

9,748

3,318

3,524

1,633

8,475

Operating expenses

9,196

4,453

3,950

17,599

6,686

4,022

3,684

14,392

Impairment of goodwill

—

—

3,172

3,172

10,459

—

—

10,459

Impairment of intangibles

—

—

1,525

1,525

—

—

—

—

Other (expense) income, net

(1,218

)

(392

)

(873

)

(2,483

)

(1,781

)

(26

)

(358

)

(2,165

)

Loss from continuing operations before income taxes

$

(6,223

)

$

(1,597

)

$

(7,211

)

$

(15,031

)

$

(15,608

)

$

(524

)

$

(2,409

)

$

(18,541

)

Assets (at period end)

$

18,931

$

7,862

$

5,139

$

31,932

$

20,076

$

8,316

$

10,562

$

38,954