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GEOGRAPHIC AND SEGMENT INFORMATION
 3 Months Ended
Mar. 31, 2024
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 Company’s 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 March 31, 2024
(In thousands)Advanced EnergyOEMCorporate & OtherTotal
Sales$7,453 $2,791 $— $10,244 
(Loss) income from operations(2,940)732 (4,407)(6,615)
Interest income— — 495 495 
Interest expense— — (1,396)(1,396)
Other loss, net— — (21)(21)
Income tax expense— — 53 53 
Three Months Ended March 31, 2023
(In thousands)Advanced EnergyOEMCorporate & OtherTotal
Sales$9,690 $2,452 $— $12,142 
(Loss) income from operations(1,476)851 (4,986)(5,611)
Interest income— — 51 51 
Interest expense— — (234)(234)
Other loss, net— — (5)(5)
Income tax benefit— — (2,267)(2,267)

International sales represented approximately 31.9% of total revenues for the three months ended March 31, 2024, as compared with approximately 26.9% of total revenues for the three months ended March 31, 2023.

Revenue by geographic region, based on the customer's “ship to” location on the invoice, are as follows:
Three Months Ended
March 31,
(In thousands)20242023
Sales by Domestic and International
Domestic$6,979 $8,871 
International3,265 3,271 
Total$10,244 $12,142