SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

SUMMARY OF SEGMENTED DATA

The following tables represent segmented data for the three-month periods ended March 31, 2025 and 2024 (in thousands):

	PG		CP			Total
Three months ended March 31, 2025:
Revenues from external customers	$	2,887	$	211		$	3,098
COGS		697		75			772
Segment gross profit		2,190		136			2,326
R&D expense		271		20			291
SG&A expense		954		70			1,024
Segment operating income		965		46			1,011
Interest income, net		22		1			23
Segment income before income taxes	$	987	$	47		$	1,034
Three months ended March 31, 2024:
Revenues from external customers	$	1,794	$	338		$	2,132
COGS		396		145			541
Segment gross profit		1,398		193			1,591
R&D expense		179		59			238
SG&A expense		816		154			970
Segment operating income (loss)		403		(20	)		383
Interest income, net		13		2			15
Segment income (loss) before income taxes	$	416	$	(18	)	$	398

SCHEDULE OF RECONCILIATION OF SEGMENT DATA TO CONSOLIDATED STATEMENT OF OPERATIONS

	Three months ended March 31,
	2025			2024
	(in thousands)
Total net income before income taxes for reportable segments	$	1,034		$	398
Unallocated cost of corporate headquarters		(406	)		(305	)
Consolidated net income before income taxes	$	628		$	93