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SEGMENT INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2024
Segment Reporting [Abstract] |
SCHEDULE OF SEGMENT INFORMATION | The following table presents selected financial information with respect to the Company’s single operating segment for the years ended December 31, 2024 and 2023: SCHEDULE OF SEGMENT INFORMATION
|  | 2024 |  |  | 2023 |
Net sales |  | $ | 128,133 |  |  | $ | 139,332 |
Cost of goods sold |  |  | 111,411 |  |  |  | 116,228 |
Gross profit |  |  | 16,722 |  |  |  | 23,104 |
Operating expenses: |  |  |  |  |  |  |  |
Selling |  |  | 3,446 |  |  |  | 3,598 |
General and administrative |  |  | 11,709 |  |  |  | 12,354 |
Research and development |  |  | 1,191 |  |  |  | 1,199 |
Restructuring charges |  |  | 571 |  |  |  |  |
Total operating expenses |  |  | 16,917 |  |  |  | 17,151 |
(Loss) income from operations |  |  | (195 | ) |  |  | 5,953 |
Other expense: |  |  |  |  |  |  |  |
Interest expense |  |  | (744 | ) |  |  | (487 | )
(Loss) income before income taxes |  |  | (939 | ) |  |  | 5,466 |
Income tax expense (benefit) |  |  | 356 |  |  |  | (1,408 | )
Net (loss) income |  | $ | (1,295 | ) |  | $ | 6,874 |
SCHEDULE OF LONG LIVED TANGIBLE ASSETS | The Company’s long-lived tangible assets, including the Company’s operating lease assets recognized on the consolidated balance sheets were located as follows: SCHEDULE OF LONG LIVED TANGIBLE ASSETS
|  | 2024 |  |  | 2023 |
United States |  | $ | 10,429 |  |  | $ | 9,421 |
Mexico |  |  | 2,445 |  |  |  | 2,870 |
China |  |  | 1,497 |  |  |  | 1,139 |
Total long-lived tangible assets |  | $ | 14,371 |  |  | $ | 13,430 |
SCHEDULE OF NET SALES BY EMS INDUSTRY MARKETS | SCHEDULE OF NET SALES BY EMS INDUSTRY MARKETS
|  | 2024 |  |  | 2023 |
Medical Device |  | $ | 34,636 |  |  | $ | 38,758 |
Medical Imaging |  |  | 37,492 |  |  |  | 39,908 |
Industrial |  |  | 35,517 |  |  |  | 40,113 |
Aerospace and Defense |  |  | 20,488 |  |  |  | 20,553 |
Total net sales |  | $ | 128,133 |  |  | $ | 139,332 |

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- Definition Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
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- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-40 + Details
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- Definition Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer. + References No definition available. + Details
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