XML 47 R36.htm IDEA: XBRL DOCUMENT
v3.25.3

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | The following tables provide additional information about our revenue from contracts with customers, including revenue by customer and product type and revenue by market. See “Note (18) Segment and Geographic Area Information” for information about revenue by operating segment and geographic region.
|  | Three Months Ended |  | Nine Months Ended
|  | September 30, |  | September 30,
(in thousands) |  | 2025 |  | 2024 |  | 2025 |  | 2024
Revenue by customer type: |  |  |  |  |  |  |  |
End user |  | $ | 21,644 |  |  | $ | 25,787 |  |  | $ | 67,272 |  |  | $ | 74,713 |
OEM/Integrator |  | 4,592 |  |  | 4,485 |  |  | 13,731 |  |  | 19,374 |
|  | $ | 26,236 |  |  | $ | 30,272 |  |  | $ | 81,003 |  |  | $ | 94,087 |
|  | Three Months Ended |  | Nine Months Ended
|  | September 30, |  | September 30,
(in thousands) |  | 2025 |  | 2024 |  | 2025 |  | 2024
Revenue by product type: |  |  |  |  |  |  |  |
Thermal test |  | $ | 4,818 |  |  | $ | 4,602 |  |  | $ | 14,050 |  |  | $ | 12,529 |
Thermal process |  | 5,038 |  |  | 6,362 |  |  | 15,866 |  |  | 27,160 |
Semiconductor test |  | 5,167 |  |  | 7,169 |  |  | 15,827 |  |  | 17,465 |
Video imaging |  | 1,898 |  |  | 1,906 |  |  | 6,244 |  |  | 5,710 |
Flying probe and in-circuit testers |  | 1,484 |  |  | 1,100 |  |  | 4,544 |  |  | 4,875 |
Alfamation™ products |  | 3,385 |  |  | 4,173 |  |  | 12,163 |  |  | 15,271 |
Service/other |  | 4,446 |  |  | 4,960 |  |  | 12,309 |  |  | 11,077 |
|  | $ | 26,236 |  | — |  | $ | 30,272 |  |  | $ | 81,003 |  |  | $ | 94,087 |
|  | Three Months Ended |  | Nine Months Ended
|  | September 30, |  | September 30,
(in thousands) |  | 2025 |  | 2024 |  | 2025 |  | 2024
Revenue by market: |  |  |  |  |  |  |  |
Semi |  | $ | 9,842 |  |  | $ | 11,410 |  |  | $ | 29,029 |  |  | $ | 36,501 |
Auto/EV |  | 4,964 |  |  | 6,250 |  |  | 16,785 |  |  | 20,943 |
Defense/Aerospace |  | 2,313 |  |  | 3,239 |  |  | 8,719 |  |  | 10,160 |
Industrial |  | 3,658 |  |  | 3,534 |  |  | 10,465 |  |  | 11,136 |
Life Sciences |  | 1,930 |  |  | 1,322 |  |  | 5,004 |  |  | 4,169 |
Safety/Security |  | 927 |  |  | 666 |  |  | 2,389 |  |  | 1,999 |
Other |  | 2,602 |  |  | 3,851 |  |  | 8,612 |  |  | 9,179 |
|  | $ | 26,236 |  |  | $ | 30,272 |  |  | $ | 81,003 |  |  | $ | 94,087 |
Activity Related to Allowance for Credit Losses | Activity related to our allowance for credit losses was as follows:
|  | Three Months Ended |  | Nine Months Ended
|  | September 30, |  | September 30,
(in thousands) |  | 2025 |  | 2024 |  | 2025 |  | 2024
Beginning balance |  | $ | 464 |  |  | $ | 416 |  |  | $ | 423 |  |  | $ | 474 |
Credit loss expense, net of release of unused allowance |  | 2 |  |  | — |  |  | 48 |  |  | 1 |
Write-offs |  | (67) |  |  | — |  |  | (79) |  |  | (48) |
Foreign currency translation impact |  | (4) |  |  | 3 |  |  | 3 |  |  | (8) |
Ending balance |  | $ | 395 |  |  | $ | 419 |  |  | $ | 395 |  |  | $ | 419 |

X
- Definition Tabular disclosure of allowance for credit loss on accounts receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_AccountsReceivableAllowanceForCreditLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration