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GEOGRAPHIC AND SEGMENT INFORMATION
 6 Months Ended
Jun. 30, 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. As a result, all related expenses are recorded as cost of sales and, therefore, there are no segment specific operating expenses incurred.

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

Three Months Ended June 30, 2024
(In thousands)Advanced EnergyOEMCorporate & OtherTotal
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 EnergyOEMCorporate & OtherTotal
Sales$11,722 $1,847 $— $13,569 
Income (loss) from operations589 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 EnergyOEMCorporate & OtherTotal
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 EnergyOEMCorporate & OtherTotal
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)

International sales represented approximately 28.5% and 30.0% of total revenues for the three and six months ended June 30, 2024, respectively, as compared with approximately 25.3% and 26.1% of total revenues for the three and six months ended June 30, 2023, respectively.
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)2024202320242023
Sales by Domestic and International
Domestic$8,687 $10,137 $15,666 $19,008 
International3,462 3,432 6,727 6,703 
Total$12,149 $13,569 $22,393 $25,711