Annual report pursuant to Section 13 and 15(d)

Segment Information (Tables)

v3.23.1
Segment Information (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Schedule of Revenues, Expenditures and Other Operating Data of Company's Operating Segments

The following data presents the revenues, expenditures and other operating data of the Company’s operating segments for the years ended December 31, 2022 and 2021:

 

Year Ended December 31, 2022

 

 

Year Ended December 31, 2021

 

Description

 

Precision Electronic Solutions

 

 

Power Electronics & Display

 

 

RF Solutions

 

 

Total

 

 

Precision Electronic Solutions

 

 

Power Electronics & Display

 

 

RF Solutions

 

 

Total

 

Revenue

 

$

13,950

 

 

$

10,175

 

 

$

6,130

 

 

$

30,255

 

 

$

10,932

 

 

$

7,854

 

 

$

6,794

 

 

$

25,580

 

Cost of revenue

 

 

10,632

 

 

 

6,651

 

 

 

4,497

 

 

 

21,780

 

 

 

7,419

 

 

 

5,361

 

 

 

4,451

 

 

$

17,231

 

Gross profit

 

 

3,318

 

 

 

3,524

 

 

 

1,633

 

 

 

8,475

 

 

 

3,513

 

 

 

2,493

 

 

 

2,343

 

 

 

8,349

 

Operating expenses

 

 

6,686

 

 

 

4,022

 

 

 

3,684

 

 

 

14,392

 

 

 

4,316

 

 

 

3,629

 

 

 

3,395

 

 

 

11,340

 

Impairment of goodwill

 

 

10,459

 

 

 

 

 

 

 

 

 

10,459

 

 

 

 

 

 

 

 

 

 

 

 

 

Other (expense) income, net

 

 

(1,781

)

 

 

(26

)

 

 

(358

)

 

 

(2,165

)

 

 

(83

)

 

 

23

 

 

 

381

 

 

 

321

 

Loss from continuing operations before income taxes

 

 

(15,608

)

 

 

(524

)

 

 

(2,409

)

 

 

(18,541

)

 

 

(886

)

 

 

(1,113

)

 

 

(671

)

 

 

(2,670

)

Assets (at period end)

 

 

20,076

 

 

 

8,316

 

 

 

10,562

 

 

 

38,954

 

 

 

16,614

 

 

 

7,308

 

 

 

9,983

 

 

 

33,905