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SEGMENT INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2022
Segment Reporting [Abstract] |
Schedule of Operating Income by Segment | The following financial information is the information that CODM uses for analyzing the segment results. The figures are presented in consolidated method as presented to CODM. The following financial information is a summary of the operating income of each operational segment:
|  | Year ended December 31, 2022 |
|  | OEM of Heat Transfer Solutions and Aviation Accessories |  |  | MRO Services for heat transfer components and OEM of heat transfer solutions |  |  | MRO services for Aviation Components and Lease |  |  | Overhaul and coating of jet engine components |  |  | Elimination of inter-Company sales |  |  | Consolidated |
Revenues |  | $ | 21,844 |  |  | $ | 24,796 |  |  | $ | 35,879 |  |  | $ | 5,770 |  |  | $ | (3,733 | ) |  | $ | 84,556 |
Cost of revenues |  |  | 18,778 |  |  |  | 20,750 |  |  |  | 28,890 |  |  |  | 3,495 |  |  |  | (3,285 | ) |  |  | 68,628 |
Gross profit |  |  | 3,066 |  |  |  | 4,046 |  |  |  | 6,989 |  |  |  | 2,275 |  |  |  | (448 | ) |  |  | 15,928 |
Research and development |  |  | 193 |  |  |  | 54 |  |  |  | 286 |  |  |  | 19 |  |  |  | (74 | ) |  |  | 479 |
Selling and marketing |  |  | 1,936 |  |  |  | 926 |  |  |  | 2,383 |  |  |  | 330 |  |  |  | 54 |  |  |  | 5,629 |
General and administrative |  |  | 3,226 |  |  |  | 2,462 |  |  |  | 3,686 |  |  |  | 594 |  |  |  | 2 |  |  |  | 9,970 |
Other expenses (income) |  |  | (1,566 | ) |  |  | (52 | ) |  |  | (18 | ) |  |  | - |  |  |  | 1,547 |  |  |  | (90 | )
Restructuring expenses, net |  |  | 975 |  |  |  | 618 |  |  |  | - |  |  |  | 122 |  |  |  | - |  |  |  | 1,715 |
Operating income (loss) |  | $ | (1,698 | ) |  | $ | 38 |  |  | $ | 652 |  |  | $ | 1,210 |  |  | $ | (1,977 | ) |  | $ | (1,775 | )
Financial income, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 127 |
Loss before tax benefits |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,648 | )
|  | Year ended December 31, 2021 |
|  | OEM of Heat Transfer Solutions and Aviation Accessories |  |  | MRO Services for heat transfer components and OEM of heat transfer solutions |  |  | MRO services for Aviation Components and Lease |  |  | Overhaul and coating of jet engine components |  |  | Elimination of inter-Company sales |  |  | Consolidated |
Revenues |  | $ | 25,977 |  |  | $ | 18,846 |  |  | $ | 33,232 |  |  | $ | 3,834 |  |  | $ | (3,916 | ) |  | $ | 77,973 |
Cost of revenues |  |  | 24,044 |  |  |  | 16,922 |  |  |  | 26,444 |  |  |  | 2,978 |  |  |  | (3,685 | ) |  |  | 66,703 |
Gross profit |  |  | 1,933 |  |  |  | 1,924 |  |  |  | 6,788 |  |  |  | 856 |  |  |  | (231 | ) |  |  | 11,270 |
Research and development |  |  | 122 |  |  |  | 80 |  |  |  | 202 |  |  |  | 160 |  |  |  | (47 | ) |  |  | 517 |
Selling and marketing |  |  | 2,040 |  |  |  | 1,015 |  |  |  | 1,961 |  |  |  | 220 |  |  |  | (89 | ) |  |  | 5,147 |
General and administrative |  |  | 3,128 |  |  |  | 1,855 |  |  |  | 3,004 |  |  |  | 558 |  |  |  | (191 | ) |  |  | 8,354 |
Other expenses (income) |  |  | (913 | ) |  |  | - |  |  |  | (432 | ) |  |  | (19 | ) |  |  | 896 |  |  |  | (468 | )
Restructuring expenses, net |  |  | 1,338 |  |  |  | 386 |  |  |  | - |  |  |  | 31 |  |  |  | - |  |  |  | 1,755 |
Operating income (loss) |  | $ | (3,782 | ) |  | $ | (1,412 | ) |  | $ | 2,053 |  |  | $ | (94 | ) |  | $ | (800 | ) |  | $ | (4,035 | )
Financial expenses, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 540 |
Loss before tax benefits |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (4,575 | )
|  | Year ended December 31, 2020 |
|  | OEM of Heat Transfer Solutions and Aviation Accessories |  |  | MRO Services for heat transfer components and OEM of heat transfer solutions |  |  | MRO services for Aviation Components and Lease |  |  | Overhaul and coating of jet engine components |  |  | Elimination of inter-Company sales |  |  | Consolidated |
Revenues |  | $ | 23,125 |  |  | $ | 20,640 |  |  | $ | 31,189 |  |  | $ | 3,546 |  |  | $ | (3,141 | ) |  | $ | 75,359 |
Cost of revenues |  |  | 21,703 |  |  |  | 17,885 |  |  |  | 26,961 |  |  |  | 3,312 |  |  |  | (2,937 | ) |  |  | 66,924 |
Gross profit (loss) |  |  | 1,422 |  |  |  | 2,755 |  |  |  | 4,228 |  |  |  | 234 |  |  |  | (204 | ) |  |  | 8,435 |
Research and development |  |  | (3 | ) |  |  | (2 | ) |  |  | 7 |  |  |  | 183 |  |  |  | - |  |  |  | 185 |
Selling and marketing |  |  | 1,429 |  |  |  | 1,152 |  |  |  | 1,527 |  |  |  | 261 |  |  |  | - |  |  |  | 4,369 |
General and administrative |  |  | 2,183 |  |  |  | 2,054 |  |  |  | 2,732 |  |  |  | 643 |  |  |  | - |  |  |  | 7,612 |
Other expenses (income) |  |  | - |  |  |  | 21 |  |  |  | - |  |  |  | 294 |  |  |  | - |  |  |  | 315 |
Operating income (loss) |  | $ | (2,187 | ) |  | $ | (470 | ) |  | $ | (38 | ) |  | $ | (1,147 | ) |  | $ | (204 | ) |  | $ | (4,046 | )
Financial expenses, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 770 |
Loss before taxes on income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (4,816 | )
Schedule of Assets, Depreciation and Amortization, and Capital Expenditures by Segment | c.The following financial information identifies the assets, depreciation and amortization, and capital expenditures to segments:
|  | Year ended December 31, 2022 |
|  | OEM of Heat Transfer Solutions and Aviation Accessories |  |  | MRO Services for heat transfer components and OEM of heat transfer solutions |  |  | MRO services for Aviation Components and Lease |  |  | Overhaul and coating of jet engine components |  |  | Amounts not allocated to segments |  |  | Consolidated |
Total assets |  |  | 24,251 |  |  |  | 39,193 |  |  |  | 55,616 |  |  |  | 8,846 |  |  |  | (1,255 | ) |  |  | 126,651 |
Depreciation and amortization |  |  | 690 |  |  |  | 432 |  |  |  | 2,325 |  |  |  | 259 |  |  |  | - |  |  |  | 3,706 |
Expenditure for segment assets |  |  | 1,012 |  |  |  | 9,345 |  |  |  | 5,411 |  |  |  | 2,107 |  |  |  | - |  |  |  | 17,875 |
|  | Year ended December 31, 2021 |
|  | OEM of Heat Transfer Solutions and Aviation Accessories |  |  | MRO Services for heat transfer components and OEM of heat transfer solutions |  |  | MRO services for Aviation Components and Lease |  |  | Overhaul and coating of jet engine components |  |  | Amounts not allocated to segments |  |  | Consolidated |
Total assets |  |  | 27,271 |  |  |  | 27,267 |  |  |  | 45,112 |  |  |  | 7,128 |  |  |  | 4,055 |  |  |  | 110,833 |
Depreciation and amortization |  |  | 2,174 |  |  |  | 740 |  |  |  | 1,683 |  |  |  | 284 |  |  |  | - |  |  |  | 4,881 |
Asset’s impairment |  |  | 1,800 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,800 |
Expenditure for segment assets |  |  | 271 |  |  |  | 4,831 |  |  |  | 5,624 |  |  |  | 1,604 |  |  |  | - |  |  |  | 12,330 |

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