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GEOGRAPHIC INFORMATION | 12 Months Ended
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Dec. 31, 2024
GEOGRAPHIC INFORMATION |
GEOGRAPHIC INFORMATION | NOTE 14 –GEOGRAPHIC INFORMATION Major operations outside the U.S. include sales, engineering and service support by subsidiaries in Germany as well as in China, which also manufactures some of our products. None of our employees are represented by a collective bargaining agreement. We determine international sales by the international geographic destination into which the products are sold and delivered and include not only sales by foreign subsidiaries but also export sales from the U.S. to our foreign distributors and to our representatives’ customers. International sales do not include transfers between Data I/O and our foreign subsidiaries. Operating income by region is based on sales noted above less direct costs and allocated costs including U.S. headquarter operations, engineering and SG&A. The following tables provide summary operating information by geographic area:
|  | Year Ended December 31, |
(in thousands) |  | 2024 |  |  | 2023 |
Net sales by region |  |  |  |  |  |
Americas |  | $ | 5,453 |  |  | $ | 9,719 |
Europe |  |  | 6,237 |  |  |  | 9,469 |
Asia and others |  |  | 10,079 |  |  |  | 8,876 |
|  | $ | 21,769 |  |  | $ | 28,064 |
Operating income: |  |  |  |  |  |  |  |
Americas |  | $ | (1,216 | ) |  | $ | (386 | )
Europe |  |  | (857 | ) |  |  | 638 |
Asia and others |  |  | (965 | ) |  |  | 196 |
|  | $ | (3,038 | ) |  | $ | 448 |
Identifiable assets: |  |  |  |  |  |  |  |
Americas (primarily U.S.) |  | $ | 14,292 |  |  | $ | 14,606 |
Europe (primarily Germany) |  |  | 4,561 |  |  |  | 4,966 |
Asia & others (primarily China) |  |  | 6,117 |  |  |  | 7,829 |
|  | $ | 24,970 |  |  | $ | 27,401 |

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