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GEOGRAPHIC AND SEGMENT INFORMATION
9 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
GEOGRAPHIC AND SEGMENT INFORMATION GEOGRAPHIC AND SEGMENT INFORMATION
Operating segments are aggregated into reportable segments only if they exhibit similar economic characteristics. In addition to similar economic characteristics, the Company also considers the following factors in determining the reportable segments: the nature of business activities, the management structure directly accountable to its chief operating decision maker for operating and administrative activities, availability of discrete financial information and information presented to the Board of Directors and investors. Asset information is not reviewed by the chief operating decision maker by segment and is not available by segment, accordingly, the Company has not presented a measure of assets by segment.

The Companys reportable segments are disclosed as principally organized and managed as two operating segments: Advanced Energy and OEM. Corporate & Other includes certain unallocated corporate and administrative costs which were not specifically attributed to any reportable segment. The OEM segment is primarily development and manufacturing contract and product driven, all related expenses are recorded as cost of sales, therefore no segment specific operating expenses are incurred.

Summarized financial information with respect to reportable segments is as follows:

Three Months Ended September 30, 2023
(In thousands)Advanced EnergyOEMCorporate & OtherTotal
Sales$9,836 $2,140 $— $11,976 
Income (loss) from operations70 591 (5,298)(4,637)
Interest income— — 248 248 
Interest expense— — (585)(585)
Other loss, net— — (19)(19)
Income tax benefit— — (318)(318)
Three Months Ended September 30, 2022
(In thousands)Advanced EnergyOEMCorporate & OtherTotal
Sales$7,080 $2,034 $— $9,114 
(Loss) income from operations(1,174)356 (4,964)(5,782)
Interest income— — 73 73 
Interest expense— — (1)(1)
Other loss, net— — (35)(35)
Income tax expense— — 50 50 

Nine Months Ended September 30, 2023
(In thousands)Advanced EnergyOEMCorporate & OtherTotal
Sales$31,248 $6,439 $— $37,687 
(Loss) income from operations(509)1,795 (12,769)(11,483)
Interest income— — 478 478 
Interest expense— — (1,362)(1,362)
Other income, net— — 622 622 
Income tax benefit— — (2,519)(2,519)

Nine Months Ended September 30, 2022
(In thousands)Advanced EnergyOEMCorporate & OtherTotal
Sales$26,258 $5,641 $— $31,899 
(Loss) income from operations(3,765)1,142 (15,006)(17,629)
Interest income— — 93 93 
Interest expense— — (12)(12)
Other income, net— — 551 551 
Income tax expense— — 216 216 

International sales represented approximately 27.8% and 26.6% of total revenues for the three and nine months ended September 30, 2023, respectively, as compared with approximately 23.2% and 29.5% of total revenues for the three and nine months ended September 30, 2022, respectively.
Revenue by geographic region, based on the customer's “ship to” location on the invoice, are as follows:
Three Months Ended
September 30,
Nine Months Ended
September 30,
(In thousands)2023202220232022
Sales by Domestic and International
Domestic$8,652 $6,997 $27,660 $22,492 
International3,324 2,117 10,027 9,407 
Total$11,976 $9,114 $37,687 $31,899