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Segment Information (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Segment Information

The following tables reconcile segment revenues to consolidated loss before provision for income taxes and share of net income from joint venture.

Three Months Ended March 31, 2025			Mobile Solutions						Power Solutions						Corporate and Eliminations						Total
Sales			$	62,244					$	43,508					(64)						$	105,688
Cost of sales			56,450						35,268						(72)						91,646
Selling, general, and administrative expense			3,538						2,682						4,950						11,170
Depreciation expense			4,209						780						380						5,369
Other segment items (1)			734						1,755						(197)						2,292
Segment income (loss) from operations			$	(2,687)					$	3,023					$	(5,125)					$	(4,789)
Interest expense																					5,194
Other income, net																					(2,169)
Loss before provision for income taxes and share of net income from joint venture																					$	(7,814)

Three Months Ended March 31, 2024			Mobile Solutions						Power Solutions						Corporate and Eliminations						Total
Sales			$	73,060					$	48,238					(100)						$	121,198
Cost of sales			63,087						38,110						(111)						101,086
Selling, general, and administrative expense			3,785						3,260						6,303						13,348
Depreciation expense			7,572						1,049						470						9,091
Other segment items (1)			759						1,840						(143)						2,456
Segment income (loss) from operations			$	(2,143)					$	3,979					$	(6,619)					$	(4,783)
Interest expense																					5,366
Other expense, net																					4,153
Loss before provision for income taxes and share of net income from joint venture																					$	(14,302)

_______________________________

(1)    Other segment items includes amortization expense and other operating expenses and income.

The following table presents capital expenditures and depreciation and amortization by reportable segment.

			Three Months Ended March 31,
			2025						2024
Capital expenditures:
Mobile Solutions			$	2,666					$	3,828
Power Solutions			874						995
Corporate			367						637
Total			$	3,907					$	5,460
Depreciation and amortization:
Mobile Solutions			$	5,047					$	8,409
Power Solutions			3,347						3,668
Corporate			380						470
Total			$	8,774					$	12,547

The following table summarizes total assets by reportable segment.

			March 31, 2025						December 31, 2024
Mobile Solutions (1)			$	295,563					$	294,204
Power Solutions			128,474						124,460
Corporate			36,687						38,229
Total			$	460,724					$	456,893

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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X

- References

No definition available.

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