XML 49 R40.htm IDEA: XBRL DOCUMENT
v3.25.1

SEGMENT REPORTING (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
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, 2024, 2023 and 2022 based on the current reporting segment structure.
|  | Years ended December 31, 2024 |
Segment income (loss) and Loss before income taxes |  | Equipment |  |  |  | Services |  |  | Consolidated |
|  | (in thousands) |
Net Sales |  | $ | 1,406 |  |  |  | $ | 9,472 |  |  | $ | 10,878 |
Cost of Net Sales |  |  | (1,223 | ) |  |  |  | (6,749 | ) |  |  | (7,972 | )
Gross Profit |  |  | 183 |  |  |  |  | 2,723 |  |  |  | 2,906 |
Research and Development |  |  | (5,085 | ) |  |  |  | — |  |  |  | (5,085 | )
General and corporate |  |  |  |  |  |  |  |  |  | (1,506 | )
Loss before income taxes |  |  |  |  |  |  |  |  | $ | (3,685 | )
|  | Years ended December 31, 2023 |
Segment income (loss) and Loss before income taxes |  | Equipment |  |  |  | Services |  |  | Consolidated |
|  | (in thousands) |
Net Sales |  | $ | 4,594 |  |  |  | $ | 11,159 |  |  | $ | 15,753 |
Cost of Net Sales |  |  | (3,666 | ) |  |  |  | (7,697 | ) |  |  | (11,363 | )
Gross Profit |  |  | 928 |  |  |  |  | 3,462 |  |  |  | 4,390 |
Research and Development |  |  | (5,881 | ) |  |  |  | — |  |  |  | (5,881 | )
General and corporate |  |  |  |  |  |  |  |  |  | (1,086 | )
Loss before income taxes |  |  |  |  |  |  |  |  | $ | (2,577 | )
|  | Years ended December 31, 2022 |
Segment income (loss) and Loss before income taxes |  | Equipment |  |  |  | Services |  |  | Consolidated |
|  | (in thousands) |
Net Sales |  | $ | 2,284 |  |  |  | $ | 11,768 |  |  | $ | 14,052 |
Cost of Net Sales |  |  | (2,902 | ) |  |  |  | (8,483 | ) |  |  | (11,385 | )
Gross Profit (Loss) |  |  | (618 | ) |  |  |  | 3,285 |  |  |  | 2,667 |
Research and Development |  |  | (4,762 | ) |  |  |  | — |  |  |  | (4,762 | )
General and corporate |  |  |  |  |  |  |  |  |  | (844 | )
Loss before income taxes |  |  |  |  |  |  |  |  | $ | (2,939 | )
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 |  |
|  | 2024 |  |  | Sales |  |  |  | 2023 |  |  | Sales |  |  |  | 2022 |  |  | Sales |  |
|  | (in thousands, except percentages) |  |
Net Sales by Region |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
China |  | $ | 2,084 |  |  |  | 19 |  | % |  | $ | 2,577 |  |  |  | 16 |  | % |  | $ | 1,735 |  |  |  | 12 |  | %
India |  |  | 4,893 |  |  |  | 45 |  | % |  |  | 8,268 |  |  |  | 53 |  | % |  |  | 7,152 |  |  |  | 51 |  | %
Japan |  |  | 3,901 |  |  |  | 36 |  | % |  |  | 4,908 |  |  |  | 31 |  | % |  |  | 5,165 |  |  |  | 37 |  | %
Total |  | $ | 10,878 |  |  |  | 100 |  | % |  | $ | 15,753 |  |  |  | 100 |  | % |  | $ | 14,052 |  |  |  | 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, |
|  | 2024 |  |  | 2023 |
|  | (in thousands) |
China |  | $ | 475 |  |  | $ | 603 |
Other |  |  | 1 |  |  |  | 7 |
Total long-lived assets |  | $ | 476 |  |  | $ | 610 |

X
- 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
Name: | us-gaap_LongLivedAssetsByGeographicAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
Name: | us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration