Note 11 - Segment Reporting

9 Months Ended

Sep. 30, 2022

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

(11) Segment Reporting

The Company consists of a single operating and reportable segment.

One customer comprised 25.1% and 20.5% of the Company’s consolidated revenues for the three- and nine-month periods ended September 30, 2022, respectively. No customer comprised more than 10% of the Company’s consolidated revenues for the same periods in 2021. At September 30, 2022, one customer represented approximately 10.7% of gross accounts receivable. At December 31, 2021, no customer exceeded 10% of gross accounts receivable.

The Company’s products are primarily sold to customers within the Medical, Automotive, Aerospace & Defense, Consumer, Industrial, and Electronics markets. Net sales by market for the three- and nine-month periods ended September 30, 2022 and 2021 are as follows (in thousands):

	Three Months Ended September 30,										Nine Months Ended September 30,
	2022					2021(1)					2022					2021(1)
Market	Net Sales		%			Net Sales		%			Net Sales		%			Net Sales		%
Medical	$	81,591		84.1	%	$	32,376		63.8	%	$	208,464		79.4	%	$	95,088		63.4	%
Automotive		4,681		4.8	%		3,852		7.6	%		13,383		5.1	%		12,065		8.0	%
Aerospace & Defense		3,590		3.7	%		3,881		7.7	%		11,097		4.2	%		12,636		8.4	%
Consumer		3,099		3.2	%		6,449		12.7	%		15,644		6.0	%		18,125		12.1	%
Industrial		2,748		2.8	%		2,162		4.3	%		7,924		2.9	%		6,508		4.2	%
Electronics		1,261		1.3	%		2,003		4.0	%		6,043		2.4	%		5,555		3.7	%
Net Sales	$	96,970		100.0	%	$	50,723		100.0	%	$	262,555		100.0	%	$	149,977		100.0	%

(1) Certain amounts for the three and nine months ended September 30, 2021, were reclassified between markets to conform to the current period presentation.