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BUSINESS SEGMENT AND GEOGRAPHIC INFORMATION
 6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
BUSINESS SEGMENT AND GEOGRAPHIC INFORMATION

11. 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 Critical Power reportable segment is the Company’s Titan Energy Systems, Inc. business unit. The T&D Solutions reportable segment is the Company’s Pioneer Custom Electrical Products Corp. business unit.

 

The T&D Solutions segment is involved in the design, manufacture and distribution of switchgear used primarily by 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   Six Months Ended 
   June 30,   June 30, 
   2022   2021   2022   2021 
Revenues                
T&D Solutions                    
Power Systems  $1,969   $3,596   $5,356   $4,983 
Service   —    —    10    — 
    1,969    3,596    5,366    4,983 
Critical Power Solutions                    
Equipment   463    159    1,578    685 
Service   1,857    1,870    3,381    3,459 
Revenues   2,320    2,029    4,959    4,144 
Consolidated  $4,289   $5,625   $10,325   $9,127 

 

                             
   Three Months Ended   Six Months Ended 
   June 30,   June 30, 
   2022   2021   2022   2021 
Depreciation and amortization                    
T&D Solutions  $11   $18   $21   $35 
Critical Power Solutions   92    62    162    181 
Unallocated corporate overhead expenses   7    7    14    14 
Consolidated  $110   $87   $197   $230 

 

                             
   Three Months Ended   Six Months Ended 
   June 30,   June 30, 
   2022   2021   2022   2021 
Operating loss                    
T&D Solutions  $(424)  $(125)  $(383)  $(564)
Critical Power Solutions   (757)   (42)   (911)   (126)
Unallocated corporate overhead expenses   (1,323)   (578)   (2,081)   (1,162)
Consolidated  $(2,504)  $(745)  $(3,375)  $(1,852)

 

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

 

   Three Months Ended   Six Months Ended 
   June 30,   June 30, 
   2022   2021   2022   2021 
Revenues                
United States  $4,289   $5,625   $10,325   $9,127