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Segment Information (Tables)
3 Months Ended
Mar. 31, 2024
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, 2024 and 2023 (In thousands):

 

Three Month Period Ended March 31, 2024

 

 

Three Month Period Ended March 31, 2023

 

 

 

Description

 

Precision Electronic Solutions

 

 

Power Electronics & Displays

 

 

RF Solutions

 

 

Total

 

 

Precision Electronic Solutions

 

 

Power Electronics & Displays

 

 

RF Solutions

 

 

Total

 

 

 

Revenue

 

$

5,081

 

 

$

2,401

 

 

$

2,091

 

 

$

9,573

 

 

$

3,941

 

 

$

2,991

 

 

$

1,791

 

 

$

8,723

 

 

 

Cost of revenue

 

 

4,209

 

 

 

1,634

 

 

 

1,844

 

 

 

7,687

 

 

 

3,210

 

 

 

2,112

 

 

 

1,238

 

 

 

6,560

 

 

 

Gross profit

 

 

872

 

 

 

767

 

 

 

247

 

 

 

1,886

 

 

 

730

 

 

 

879

 

 

 

554

 

 

 

2,163

 

 

 

Operating expenses

 

 

2,772

 

 

 

1,069

 

 

 

802

 

 

 

4,643

 

 

 

2,791

 

 

 

1,682

 

 

 

1,481

 

 

 

5,954

 

 

 

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

 

 

(1,818

)

 

 

69

 

 

 

(99

)

 

 

(1,848

)

 

 

(560

)

 

 

(587

)

 

 

(187

)

 

 

(1,334

)

 

 

Loss from continuing operations before income taxes

 

$

(3,718

)

 

$

(233

)

 

$

(654

)

 

$

(4,605

)

 

$

(1,502

)

 

$

(215

)

 

$

(740

)

 

$

(2,457

)

 

 

Assets (at period end)

 

$

19,040

 

 

$

7,798

 

 

$

4,973

 

 

$

31,810

 

 

 

19,402

 

 

 

8,697

 

 

 

10,652

 

 

$

38,751