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Segment Information
 6 Months Ended
Jun. 30, 2021
Segment Information [Abstract]  
Segment Information
Note 15 - Segment Information

We have two reportable business segments. The Performance Improvement Solutions segment provides simulation, training and engineering products and services delivered across the breadth of industries we serve. Solutions include simulation for both training and engineering applications. Example engineering services include, but are not limited to, plant design verification and validation, thermal performance evaluation and optimization programs, and engineering programs for plants for ASME code and ASME Section XI. The Company provides these services across all market segments through our Performance, True North consulting, and DP Engineering subsidiaries. Example training applications include turnkey and custom training services. Contract terms are typically less than two.
The Nuclear Industry Training and Consulting (workforce solutions) segment provides specialized workforce solutions primarily to the nuclear industry, working at clients’ facilities. This business is managed through our Hyperspring and Absolute subsidiaries. The business model, management focus, margins and other factors clearly separate this business line from the rest of the GSE product and service portfolio.
The following table sets forth the revenue and operating results attributable to each reportable segment and includes a reconciliation of segment revenue to consolidated revenue and operating results to consolidated income before income taxes. Inter-segment revenue is eliminated in consolidation and is not significant:

   
Three months ended
    
Six months ended
  
(in thousands)
  
June 30, 2021
    
June 30, 2020
    
June 30, 2021
    
June 30, 2020
  
                         
Revenue:
                        
Performance
  
$
6,862
    
$
8,273
    
$
13,943
    
$
17,984
  
   NITC
    
6,660
      
6,067
      
12,683
      
14,061
  
Total revenue
    
13,522
      
14,340
      
26,626
      
32,045
  
                                 
Operating loss
                                
   Performance
    
(1,131
)
    
(695
)
    
(2,534
)
    
(1,967
)
   NITC
    
(230
)
    
(297
)
    
(1,014
)
    
(856
)
   Litigation
    
-
      
(861
)
    
-
      
(861
)
   Loss on impairment
    
-
      
-
      
-
      
(4,302
)
                                 
Operating loss
    
(1,361
)
    
(1,853
)
    
(3,548
)
    
(7,986
)
                                 
Interest expense, net
    
(49
)
    
(187
)
    
(103
)
    
(428
)
Gain on derivative instruments, net
    
-
      
47
      
-
      
4
  
Other income, net
    
4,637
      
24
      
4,638
      
53
  
Income (loss) before income taxes
  
$
3,227
    
$
(1,969
)
  
$
987
    
$
(8,357
)