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Segment Information (Tables)

9 Months Ended

Sep. 30, 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 September 30, 2025			Mobile Solutions						Power Solutions						Corporate and Eliminations						Total
Net sales			$	59,117					$	44,948					(183)						$	103,882
Cost of sales			52,286						34,318						(194)						86,410
Selling, general, and administrative expense			3,830						2,586						4,643						11,059
Depreciation expense			4,451						818						390						5,659
Other segment items (1)			1,404						1,794						(197)						3,001
Segment income (loss) from operations			$	(2,854)					$	5,432					$	(4,825)					$	(2,247)
Interest expense																					5,666
Other income, net																					(70)
Loss before provision for income taxes and share of net income from joint venture																					$	(7,843)

Three Months Ended September 30, 2024			Mobile Solutions						Power Solutions						Corporate and Eliminations						Total
Net sales			$	70,678					$	42,935					(26)						$	113,587
Cost of sales			62,072						35,093						(34)						97,131
Selling, general, and administrative expense			3,080						2,522						4,655						10,257
Depreciation expense			6,049						1,027						363						7,439
Other segment items (1)			918						1,788						(196)						2,510
Segment income (loss) from operations			$	(1,441)					$	2,505					$	(4,814)					$	(3,750)
Interest expense																					5,404
Other income, net																					(5,315)
Loss before provision for income taxes and share of net income from joint venture																					$	(3,839)

Nine Months Ended September 30, 2025			Mobile Solutions						Power Solutions						Corporate and Eliminations						Total
Net sales			$	184,752					$	133,096					(356)						$	317,492
Cost of sales			164,553						103,583						(381)						267,755
Selling, general, and administrative expense			11,153						7,654						15,518						34,325
Depreciation expense			12,954						2,402						1,183						16,539
Other segment items (1)			2,743						5,220						(589)						7,374
Segment income (loss) from operations			$	(6,651)					$	14,237					$	(16,087)					$	(8,501)
Interest expense																					16,517
Loss on extinguishment of debt																					3,007
Other income, net																					(2,858)
Loss before provision for income taxes and share of net income from joint venture																					$	(25,167)

Nine Months Ended September 30, 2024			Mobile Solutions						Power Solutions						Corporate and Eliminations						Total
Net sales			$	216,593					$	141,324					(140)						$	357,777
Cost of sales			188,128						111,512						(166)						299,474
Selling, general, and administrative expense			11,055						9,385						16,676						37,116
Depreciation expense			20,491						3,154						1,190						24,835
Other segment items (1)			2,133						5,469						(570)						7,032
Segment income (loss) from operations			$	(5,214)					$	11,804					$	(17,270)					$	(10,680)
Interest expense																					16,643
Other income, net																					(4,623)
Loss before provision for income taxes and share of net income from joint venture																					$	(22,700)

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(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 September 30,												Nine Months Ended September 30,
			2025						2024						2025						2024
Capital expenditures:
Mobile Solutions			$	2,377					$	5,245					$	7,907					$	11,427
Power Solutions			844						507						2,057						2,543
Corporate			207						548						1,094						1,382
Total			$	3,428					$	6,300					$	11,058					$	15,352
Depreciation and amortization:
Mobile Solutions			$	5,290					$	6,887					$	15,469					$	23,006
Power Solutions			3,385						3,594						10,103						10,956
Corporate			389						363						1,184						1,190
Total			$	9,064					$	10,844					$	26,756					$	35,152

The following table summarizes total assets by reportable segment.

			September 30, 2025						December 31, 2024
Mobile Solutions (1)			$	292,003					$	294,204
Power Solutions			128,374						124,460
Corporate			30,585						38,229
Total			$	450,962					$	456,893

X

- 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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- References

No definition available.

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