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BUSINESS SEGMENT AND GEOGRAPHIC INFORMATION
 9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
BUSINESS SEGMENT AND GEOGRAPHIC INFORMATION

14. BUSINESS SEGMENT AND GEOGRAPHIC INFORMATION

 

The Company follows ASC 280 - Segment Reporting in determining its reportable segments. The Company considered the way its management team, most notably its chief operating decision maker, makes operating decisions and assesses performance and considered which components of the Company’s enterprise have discrete financial information available. As the Company makes decisions using a manufactured products vs. distributed products and services group focus, its analysis resulted in two reportable segments: T&D Solutions and Critical Power. The T&D Solutions reportable segment is our switchgear business unit. The Critical Power reportable segment is the Company’s Titan Energy Systems Inc. business unit.

 

The T&D Segment is involved in the design, manufacture and distribution of switchgear used primarily by utilities, large industrial and commercial operations to manage their electrical power distribution needs. The Critical Power segment provides power generation equipment, and aftermarket field-services primarily to help customers ensure smooth, uninterrupted power to operations during times of emergency.

 

The following tables present information about segment loss:

 

    Three Months Ended     Nine Months Ended  
    September 30,     September 30,  
    2019     2018     2019     2018  
Revenues                        
T&D Solutions                                
Switchgear   $ 2,597     $ 1,274     $ 6,408     $ 5,858  
      2,597       1,274       6,408       5,858  
Critical Power Solutions                                
Equipment     299       388       739       1,171  
Service     2,673       2,905       6,800       7,659  
      2,972       3,293       7,539       8,830  
Consolidated   $ 5,569     $ 4,567     $ 13,947     $ 14,688  

 

    Three Months Ended     Nine Months Ended  
    September 30,     September 30,  
    2019     2018     2019     2018  
Depreciation and Amortization                                
T&D Solutions   $ 37     $ 71     $ 108     $ 252  
Critical Power Solutions     63       369       136       1,122  
Unallocated Corporate Overhead Expenses     11       16       39       49  
Consolidated   $ 111     $ 456     $ 283     $ 1,423  

 

    Three Months Ended     Nine Months Ended  
    September 30,     September 30,  
    2019     2018     2019     2018  
Operating Loss                                
T&D Solutions   $ (1,154 )   $ (667 )   $ (1,928 )   $ (1,231 )
Critical Power Solutions     (162 )     140       (310 )     (534 )
Unallocated Corporate Overhead Expenses     (2,271 )     (640 )     (4,341 )     (2,100 )
Consolidated   $ (3,587 )   $ (1,167 )   $ (6,579 )   $ (3,865 )

 

Revenues are attributable to countries based on the location of the Company’s customers:

 

    Three Months Ended     Nine Months Ended  
    September 30,     September 30,  
    2019     2018     2019     2018  
Revenues                        
United States   $ 5,569     $ 4,567     $ 13,947     $ 14,688