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SEGMENT REPORTING (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Summary of the Company's Segment Net Sales, Gross Profit and Income Before Income Taxes

Summarized below are the Company’s segment net sales, gross profit and income before income taxes for the years ended December 31, 2022, 2021 and 2020 based on the current reporting segment structure.

 

 

 

Years Ended December 31,

 

 

 

 

 

 

 

% of

 

 

 

 

 

 

% of

 

 

 

 

 

 

% of

 

 

Net Sales by Segment

 

2022

 

 

Net Sales

 

 

 

2021

 

 

Net Sales

 

 

 

2020

 

 

Net Sales

 

 

 

 

(in thousands, except percentages)

Equipment

 

$

2,284

 

 

 

16

 

%

 

$

2,323

 

 

 

15

 

%

 

$

12,385

 

 

 

51

 

%

Services

 

 

11,768

 

 

 

84

 

%

 

 

13,598

 

 

 

85

 

%

 

 

11,925

 

 

 

49

 

%

Total

 

$

14,052

 

 

 

100

 

%

 

$

15,921

 

 

 

100

 

%

 

$

24,310

 

 

 

100

 

%

 

 

 

Years Ended December 31,

 

 

 

 

 

 

 

Gross Profit

 

 

 

 

 

 

Gross Profit

 

 

 

 

 

 

Gross Profit

 

 

Gross profit (loss) by Segment

 

2022

 

 

%

 

 

 

2021

 

 

%

 

 

 

2020

 

 

%

 

 

 

 

(in thousands, except percentages)

Equipment

 

$

(618

)

 

 

(27

)

%

 

$

(4,358

)

 

 

(188

)

%

 

$

1,237

 

 

 

10

 

%

Services

 

 

3,285

 

 

 

28

 

%

 

 

3,283

 

 

 

24

 

%

 

 

2,292

 

 

 

19

 

%

Total

 

$

2,667

 

 

 

19

 

%

 

$

(1,075

)

 

 

(7

)

%

 

$

3,529

 

 

 

15

 

%

 

 

 

Years ended December 31,

 

Segment income (loss) and Loss before income taxes

 

2022

 

 

2021

 

 

2020

 

 

 

(in thousands)

 

Equipment

 

$

(6,452

)

 

$

(12,868

)

 

$

(7,640

)

Services

 

 

3,285

 

 

 

3,283

 

 

 

2,292

 

Total segment loss

 

 

(3,167

)

 

 

(9,585

)

 

 

(5,348

)

General and corporate

 

 

228

 

 

 

7,051

 

 

 

(20,110

)

Loss before income taxes

 

$

(2,939

)

 

$

(2,534

)

 

$

(25,458

)

Schedule of Sales Data by Geographical Area

Sales are attributed to a geographical area based upon the location of the customer. Sales data by geographical area are as follows:

 

 

 

Years Ended December 31,

 

 

 

 

 

 

 

% of net

 

 

 

 

 

 

% of net

 

 

 

 

 

 

% of net

 

 

 

 

2022

 

 

Sales

 

 

 

2021

 

 

Sales

 

 

 

2020

 

 

Sales

 

 

 

 

(in thousands, except percentages)

 

 

Net Sales by Region

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

China

 

$

1,735

 

 

 

12

 

%

 

$

1,858

 

 

 

11

 

%

 

$

2,286

 

 

 

10

 

%

India

 

 

7,152

 

 

 

51

 

%

 

 

8,221

 

 

 

52

 

%

 

 

9,807

 

 

 

40

 

%

Japan

 

 

5,165

 

 

 

37

 

%

 

 

5,842

 

 

 

37

 

%

 

 

12,208

 

 

 

50

 

%

Other

 

 

 

 

%

 

 

 

 

%

 

 

9

 

 

 

%

Total

 

$

14,052

 

 

 

100

 

%

 

$

15,921

 

 

 

100

 

%

 

$

24,310

 

 

 

100

 

%

Schedule of Long-lived Assets, Consisting of Property, Plant and Equipment, by Geographical Area

Long-lived assets, consisting of property, plant and equipment, by geographical area are as follows:

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

 

 

(in thousands)

 

China

 

$

578

 

 

$

528

 

Other

 

 

26

 

 

 

74

 

Total long-lived assets

 

$

604

 

 

$

602