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Segment Information
3 Months Ended
Mar. 31, 2023
Segment Information [Abstract]  
Segment Information
Note 15 - Segment Information
   
We have two reportable business segments.  The Engineering segment provides simulation, training and engineering products and services delivered across the breadth of industries we serve. Workforce 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 American Society of Mechanical Engineers ("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 years.

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.


(in thousands)
 
Three months ended
 

 
March 31, 2023
   
March 31, 2022
 
Revenue:
           
Engineering
 
$
6,942
   
$
6,397
 
   Workforce Solutions
   
3,931
     
5,878
 
Total revenue
  $
10,873
    $
12,275
 
                 
Gross Profit
               
Engineering
  $
1,880     $
1,815  
Workforce Solutions
    515       612  
Total gross profit
  $
2,395     $
2,427  
                 
Operating loss
               
   Engineering
  $
(2,424
)
  $
(2,395
)
   Workforce Solutions
   
(359
)
   
(159
)
Operating loss
   
(2,783
)
   
(2,554
)
                 
Interest expense, net
   
(286
)
   
(148
)
Change in fair value of derivative instruments, net    
69
     
(581
)
Other income, net
   
10
     
16
 
Loss before income taxes
 
$
(2,990
)
 
$
(3,267
)