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Note 12 - Segment Reporting
 3 Months Ended
Mar. 31, 2021
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
NOTE
12:
         SEGMENT REPORTING
 
The Company operates through
three
(
3
) segments: CVD Equipment (“CVD”), Stainless Design Concepts (“SDC”) and CVD Materials (“Materials”). The CVD segment is utilized for chemical vapor deposition equipment manufacturing. SDC is the Company's ultra-high purity manufacturing division in Saugerties, New York for gas control systems. The Materials segment was established to provide material coatings for aerospace, medical, electronic and other applications. The Company evaluates performance based on several factors, of which the primary financial measure is income or (loss) before taxes.
 
The Company's corporate administration activities are reported in the Eliminations and Unallocated column. These activities primarily include intercompany profit, expenses related to certain corporate officers and support staff, expenses related to the Company's Board of Directors, stock option expense for shares granted to corporate administration employees, certain consulting expenses, investor and shareholder relations activities, and all of the Company's legal, auditing and professional fees, and interest expense.
 
NOTE
12:
         SEGMENT REPORTING (continued)
 
Three Months Ended
March 31,
(In thousands)
 
                           
Eliminations* and
          
2021
  
CVD
    
SDC
    
Materials
    
Unallocated
    
Consolidated
  
Assets
   $
29,659
     $
6,116
     $
3,407
     $
24
     $
39,206
  
                                         
Revenue
    
2,006
      
827
      
629
      
(96
 )    
3,366
  
Operating loss
    
(575
 )    
(5
 )    
(110
 )    
(929
 )    
(1,619
 )
Pretax (loss) income
    
(590
 )    
(5
 )    
18
      
(929
 )    
(1,506
 )
                                         
2020
                                        
Assets
   $
36,699
     $
6,451
     $
5,653
     $
(9
 )   $
48,794
  
                                         
Revenue
    
4,097
      
1,819
      
284
      
(164
 )    
6,036
  
Operating income/(loss)
    
592
      
603
      
(357
 )    
(730
 )    
108
  
Pretax income/(loss)
    
589
      
610
      
(341
 )    
(730
 )    
128
  
 
 
*All elimination entries represent intersegment revenues eliminated in consolidation for external financial reporting.