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SEGMENT INFORMATION (Tables) | 6 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
Schedule of Operating Income by Segment |
|  | Six Months Ended June 30, 2025 |
|  | 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 - external |  | $ | 19,694 |  |  | $ | 22,820 |  |  | $ | 38,294 |  |  | $ | 4,438 |  |  | $ | - |  |  | $ | 85,246 |
Revenues - internal |  |  | 390 |  |  |  | 845 |  |  |  | - |  |  |  | - |  |  |  | (1,235 | ) |  |  | - |
Cost of revenues |  |  | 13,887 |  |  |  | 16,962 |  |  |  | 32,745 |  |  |  | 2,191 |  |  |  | (1,318 | ) |  |  | 64,467 |
Gross profit |  |  | 6,197 |  |  |  | 6,703 |  |  |  | 5,549 |  |  |  | 2,247 |  |  |  | 83 |  |  |  | 20,779 |
Research and development |  |  | 320 |  |  |  | 312 |  |  |  | - |  |  |  | (68 | ) |  |  | - |  |  |  | 564 |
Selling and marketing |  |  | 903 |  |  |  | 1,136 |  |  |  | 1,797 |  |  |  | 277 |  |  |  | - |  |  |  | 4,113 |
General and administrative |  |  | 2,480 |  |  |  | 1,739 |  |  |  | 2,958 |  |  |  | 320 |  |  |  | - |  |  |  | 7,497 |
Operating income |  | $ | 2,494 |  |  | $ | 3,516 |  |  | $ | 794 |  |  | $ | 1,718 |  |  | $ | 83 |  |  |  | 8,605 |
Financial expenses, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,158 | )
Income before taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 7,447 |
|  | Six Months Ended June 30, 2024 |
|  | 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 - external |  | $ | 18,382 |  |  | $ | 19,459 |  |  | $ | 29,163 |  |  | $ | 3,609 |  |  | $ | - |  |  | $ | 70,613 |
Revenues - internal |  |  | 507 |  |  |  | 1,499 |  |  |  | - |  |  |  | - |  |  |  | (2,006 | ) |  |  | - |
Cost of revenues |  |  | 12,275 |  |  |  | 17,632 |  |  |  | 25,396 |  |  |  | 2,186 |  |  |  | (1,926 | ) |  |  | 55,563 |
Gross profit |  |  | 6,614 |  |  |  | 3,326 |  |  |  | 3,767 |  |  |  | 1,423 |  |  |  | (80 | ) |  |  | 15,050 |
Research and development |  |  | 206 |  |  |  | 155 |  |  |  | 227 |  |  |  | 32 |  |  |  | - |  |  |  | 620 |
Selling and marketing |  |  | 1,124 |  |  |  | 964 |  |  |  | 1,377 |  |  |  | 188 |  |  |  | - |  |  |  | 3,653 |
General and administrative |  |  | 2,004 |  |  |  | 1,673 |  |  |  | 2,289 |  |  |  | 259 |  |  |  | - |  |  |  | 6,225 |
Other segment expenses (income) |  |  | - |  |  |  | (2 | ) |  |  | (388 | ) |  |  | - |  |  |  |  |  |  |  | (390 | )
Operating income |  | $ | 3,280 |  |  | $ | 536 |  |  | $ | 262 |  |  | $ | 944 |  |  | $ | (80 | ) |  |  | 4,942 |
Financial expenses, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (756 | )
Income before taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 4,186 |
The following financial information is the information that CODM uses for analyzing the segment results. The following financial information is a summary of the operating income of each operational segment:
|  | Three Months Ended June 30, 2025 |
|  | 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 - external |  | $ | 9,608 |  |  | $ | 11,248 |  |  | $ | 19,996 |  |  | $ | 2,252 |  |  | $ | - |  |  | $ | 43,104 |
Revenues - internal |  |  | 53 |  |  |  | 277 |  |  |  | - |  |  |  | - |  |  |  | (330 | ) |  |  | - |
Cost of revenues |  |  | 6,714 |  |  |  | 8,139 |  |  |  | 16,700 |  |  |  | 1,083 |  |  |  | (357 | ) |  |  | 32,279 |
Gross profit |  |  | 2,947 |  |  |  | 3,386 |  |  |  | 3,296 |  |  |  | 1,169 |  |  |  | 27 |  |  |  | 10,825 |
Research and development |  |  | 171 |  |  |  | 172 |  |  |  | - |  |  |  | (103 | ) |  |  | - |  |  |  | 240 |
Selling and marketing |  |  | 452 |  |  |  | 582 |  |  |  | 1,009 |  |  |  | 142 |  |  |  | - |  |  |  | 2,185 |
General and administrative |  |  | 1,403 |  |  |  | 944 |  |  |  | 1,455 |  |  |  | 163 |  |  |  | - |  |  |  | 3,965 |
Operating income |  | $ | 921 |  |  | $ | 1,688 |  |  | $ | 832 |  |  | $ | 967 |  |  | $ | 27 |  |  |  | 4,435 |
Financial expenses, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,100 | )
Income before taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 3,335 |
|  | Three Months Ended June 30, 2024 |
|  | 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 - external |  | $ | 9,367 |  |  | $ | 10,220 |  |  | $ | 15,191 |  |  | $ | 1,747 |  |  | $ | - |  |  | $ | 36,525 |
Revenues - internal |  |  | 222 |  |  |  | 728 |  |  |  |  |  |  |  |  |  |  |  | (950 | ) |  |  |  |
Cost of revenues |  |  | 5,936 |  |  |  | 9,497 |  |  |  | 12,832 |  |  |  | 1,101 |  |  |  | (825 | ) |  |  | 28,541 |
Gross profit |  |  | 3,653 |  |  |  | 1,451 |  |  |  | 2,359 |  |  |  | 646 |  |  |  | (125 | ) |  |  | 7,984 |
Research and development |  |  | 96 |  |  |  | 91 |  |  |  | 128 |  |  |  | 28 |  |  |  | - |  |  |  | 343 |
Selling and marketing |  |  | 470 |  |  |  | 590 |  |  |  | 813 |  |  |  | 120 |  |  |  | - |  |  |  | 1993 |
General and administrative |  |  | 968 |  |  |  | 757 |  |  |  | 1,127 |  |  |  | 64 |  |  |  | - |  |  |  | 2,916 |
Other segment expenses (income) |  |  | (2 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  |  |  |  |  | (2 | )
Operating income |  | $ | 2,121 |  |  | $ | 13 |  |  | $ | 291 |  |  | $ | 434 |  |  | $ | (125 | ) |  |  | 2,734 |
Financial expenses, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (307 | )
Income before taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 2,427 |
Schedule of Assets, Depreciation and Amortization, and Capital Expenditures by Segment |
|  | Six Months Ended June 30, 2025 |
|  | 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 |  | $ | 73,499 |  |  | $ | 43,516 |  |  | $ | 87,423 |  |  | $ | 11,033 |  |  | $ | (1,836 | ) |  | $ | 213,635 |
Depreciation and amortization |  |  | 408 |  |  |  | 543 |  |  |  | 1,466 |  |  |  | 175 |  |  |  | (79 | ) |  |  | 2,513 |
Expenditure for segment assets |  |  | 1,502 |  |  |  | 332 |  |  |  | 4,167 |  |  |  | 164 |  |  |  | - |  |  |  | 6,165 |
|  | Year Ended December 31, 2024 |
|  | 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 |  | $ | 33,726 |  |  | $ | 40,698 |  |  | $ | 80,014 |  |  | $ | 10,182 |  |  | $ | (1,258 | ) |  | $ | 163,362 |
Depreciation and amortization |  |  | 642 |  |  |  | 1,040 |  |  |  | 3,412 |  |  |  | 388 |  |  |  | (27 | ) |  |  | 5,455 |
Expenditure for segment assets |  |  | 1,972 |  |  |  | 1,124 |  |  |  | 1,347 |  |  |  | 683 |  |  |  | - |  |  |  | 5,126 |

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