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GEOGRAPHIC AND SEGMENT INFORMATION (Tables) | 6 Months Ended
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Jun. 30, 2024
Segment Reporting [Abstract] |
Schedule of Reporting Information by Segment | Summarized financial information with respect to reportable segments is as follows:
|  |  | Three Months Ended June 30, 2024
(In thousands) |  |  | Advanced Energy |  | OEM |  | Corporate & Other |  | Total
Sales |  |  | $ | 9,766 |  |  | $ | 2,383 |  |  | $ | — |  |  | $ | 12,149 |
(Loss) income from operations |  |  | (1,696) |  |  | 461 |  |  | (4,312) |  |  | (5,547) |
Interest income |  |  | — |  |  | — |  |  | 439 |  |  | 439 |
Interest expense |  |  | — |  |  | — |  |  | (1,427) |  |  | (1,427) |
Other loss, net |  |  | — |  |  | — |  |  | (1) |  |  | (1) |
Income tax expense |  |  | — |  |  | — |  |  | 50 |  |  | 50 |
|  |  | Three Months Ended June 30, 2023
(In thousands) |  |  | Advanced Energy |  | OEM |  | Corporate & Other |  | Total
Sales |  |  | $ | 11,722 |  |  | $ | 1,847 |  |  | $ | — |  |  | $ | 13,569 |
Income (loss) from operations |  |  | 589 |  |  | 353 |  |  | (2,177) |  |  | (1,235) |
Interest income |  |  | — |  |  | — |  |  | 179 |  |  | 179 |
Interest expense |  |  | — |  |  | — |  |  | (543) |  |  | (543) |
Other income, net |  |  | — |  |  | — |  |  | 646 |  |  | 646 |
Income tax expense |  |  | — |  |  | — |  |  | 66 |  |  | 66 |
|  |  | Six Months Ended June 30, 2024
(In thousands) |  |  | Advanced Energy |  | OEM |  | Corporate & Other |  | Total
Sales |  |  | $ | 17,219 |  |  | $ | 5,174 |  |  | $ | — |  |  | $ | 22,393 |
(Loss) income from operations |  |  | (4,636) |  |  | 1,193 |  |  | (8,719) |  |  | (12,162) |
Interest income |  |  | — |  |  | — |  |  | 934 |  |  | 934 |
Interest expense |  |  | — |  |  | — |  |  | (2,823) |  |  | (2,823) |
Other loss, net |  |  | — |  |  | — |  |  | (22) |  |  | (22) |
Income tax expense |  |  | — |  |  | — |  |  | 103 |  |  | 103 |
|  |  | Six Months Ended June 30, 2023
(In thousands) |  |  | Advanced Energy |  | OEM |  | Corporate & Other |  | Total
Sales |  |  | $ | 21,412 |  |  | $ | 4,299 |  |  | $ | — |  |  | $ | 25,711 |
(Loss) income from operations |  |  | (887) |  |  | 1,204 |  |  | (7,163) |  |  | (6,846) |
Interest income |  |  | — |  |  | — |  |  | 230 |  |  | 230 |
Interest expense |  |  | — |  |  | — |  |  | (777) |  |  | (777) |
Other income, net |  |  | — |  |  | — |  |  | 641 |  |  | 641 |
Income tax benefit |  |  | — |  |  | — |  |  | (2,201) |  |  | (2,201) |
Schedule of Sales by Geographic Region | Sales by geographic region, based on the customer's “ship to” location on the invoice, are as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(In thousands) | 2024 |  | 2023 |  | 2024 |  | 2023
Sales by Domestic and International |  |  |  |  |  |  |
Domestic | $ | 8,687 |  |  | $ | 10,137 |  |  | $ | 15,666 |  |  | $ | 19,008 |
International | 3,462 |  |  | 3,432 |  |  | 6,727 |  |  | 6,703 |
Total | $ | 12,149 |  |  | $ | 13,569 |  |  | $ | 22,393 |  |  | $ | 25,711 |

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