Note 11 - Segment Reporting

3 Months Ended

Mar. 31, 2022

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

(11) Segment Reporting

The Company consists of a single operating and reportable segment.   

Revenues from customers outside of the United States are not material.  One customer comprised approximately 15.1% of the Company’s consolidated revenues for the three-month period ended March 31, 2022. No customer comprised more than 10% of the Company’s consolidated revenues for the three-month period ended March 31, 2021.  At March 31, 2022 and December 31, 2021, no customer represented more than 10% of gross accounts receivable.

The Company’s products are primarily sold to customers within the Medical, Consumer, Automotive, Aerospace & Defense, Industrial, and Electronics markets.  Net sales by market for the three-month periods ended March 31, 2022 and 2021 are as follows (in thousands):

	Three Months Ended March 31,
	2022					2021
Market	Net Sales		%			Net Sales		%
Medical	$	52,718		74.0	%	$	30,115		62.0	%
Consumer		5,743		8.1	%		5,596		11.5	%
Automotive		4,351		6.1	%		4,646		9.6	%
Aerospace & Defense		3,755		5.3	%		4,379		9.0	%
Industrial		2,401		3.4	%		2,098		4.3	%
Electronics		2,274		3.2	%		1,765		3.6	%
Net Sales	$	71,242		100.0	%	$	48,599		100.0	%

Certain amounts for the three months ended March 31, 2021 were reclassified between markets to conform to the current period presentation.