XML 34 R24.htm IDEA: XBRL DOCUMENT
v3.23.3

SEGMENT REPORTING (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Segment Reporting [Abstract] |
SCHEDULE OF SEGMENTS | The following table presents certain information regarding the Company’s segments as of and for the three months ended September 30, 2023 and 2022 (in thousands): SCHEDULE OF SEGMENTS
2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | CVD Equipment |  |  | SDC |  |  | CVD Materials |  |  | Eliminations |  |  | Corporate |  |  | Consolidated |
Assets |  | $ | 32,915 |  |  | $ | 4,237 |  |  | $ | 177 |  |  | $ | (102 | ) |  | $ | - |  |  | $ | 37,227 |
Revenue |  | $ | 4,795 |  |  | $ | 1,572 |  |  | $ | 90 |  |  | $ | (223 | ) |  | $ | - |  |  | $ | 6,234 |
Operating (loss) income |  |  | (323 | ) |  |  | 436 |  |  |  | (35 | ) |  |  | (76 | ) |  |  | (992 | ) |  |  | (990 | )
Pretax (loss) income |  |  | (262 | ) |  |  | 434 |  |  |  | (31 | ) |  |  | (76 | ) |  |  | (818 | ) |  |  | (753 | )
Depreciation and amortization |  | $ | 137 |  |  | $ | 12 |  |  | $ | 4 |  |  | $ | - |  |  | $ | - |  |  | $ | 153 |
Purchase of property, plant & equipment |  | $ | 83 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 83 |
2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | CVD Equipment |  |  | SDC |  |  | CVD Materials |  |  | Eliminations |  |  | Corporate |  |  | Consolidated |
Assets |  | $ | 22,415 |  |  | $ | 8,800 |  |  | $ | 2,345 |  |  | $ | 42 |  |  | $ | - |  |  | $ | 33,602 |
Revenue |  | $ | 5,718 |  |  | $ | 1,663 |  |  | $ | 809 |  |  | $ | (71 | ) |  | $ | - |  |  | $ | 8,119 |
Operating (loss) income |  |  | (32 | ) |  |  | 448 |  |  |  | 365 |  |  |  | - |  |  |  | (659 | ) |  |  | 122 |
Pretax (loss) income |  |  | (27 | ) |  |  | 448 |  |  |  | 257 |  |  |  | - |  |  |  | (615 | ) |  |  | 63 |
Depreciation and amortization |  | $ | 107 |  |  | $ | 12 |  |  | $ | 17 |  |  | $ | - |  |  | $ | - |  |  | $ | 136 |
Purchase of property, plant & equipment ** |  | $ | 610 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 610 |
** | Includes $0.4 million of purchased equipment financed with a loan.
NOTE 10: SEGMENT REPORTING (continued) The following table presents certain information regarding the Company’s segments as of and for the nine months ended September 30, 2023 and 2022 (in thousands):
2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | CVD Equipment |  |  | SDC |  |  | CVD Materials |  |  | Eliminations |  |  | Corporate |  |  | Consolidated |
Revenue |  | $ | 13,774 |  |  | $ | 5,679 |  |  | $ | 1,099 |  |  | $ | (554 | ) |  | $ | - |  |  | $ | 19,998 |
Operating (loss) income |  |  | (581 | ) |  |  | 1,430 |  |  |  | (178 | )* |  |  | (104 | ) |  |  | (2,977 | ) |  |  | (2,410 | )
Pretax (loss) income |  |  | (518 | ) |  |  | 1,430 |  |  |  | (126 | )* |  |  | (104 | ) |  |  | (2,577 | ) |  |  | (1,895 | )
Depreciation and amortization |  | $ | 404 |  |  | $ | 36 |  |  | $ | 105 |  |  | $ | - |  |  | $ | - |  |  | $ | 545 |
Purchase of property, plant & equipment |  | $ | 298 |  |  | $ | 10 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 308 |
2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | CVD Equipment |  |  | SDC |  |  | CVD Materials |  |  | Eliminations |  |  | Corporate |  |  | Consolidated |
Revenue |  | $ | 12,324 |  |  | $ | 4,669 |  |  | $ | 2,083 |  |  | $ | (497 | ) |  | $ | - |  |  | $ | 18,579 |
Operating (loss) income |  |  | (1,391 | ) |  |  | 1,117 |  |  |  | 642 |  |  |  | - |  |  |  | (1,970 | ) |  |  | (1,602 | )
Pretax (loss) income |  |  | (1,380 | ) |  |  | 1,117 |  |  |  | 394 |  |  |  | - |  |  |  | (1,903 | ) |  |  | (1,772 | )
Depreciation and amortization |  | $ | 439 |  |  | $ | 37 |  |  | $ | 62 |  |  | $ | - |  |  | $ | - |  |  | $ | 538 |
Purchase of property, plant & equipment ** |  | $ | 1,038 |  |  | $ | 2 |  |  | $ | 30 |  |  | $ | - |  |  | $ | - |  |  | $ | 1,070 |
* | Includes loss on sale of Tantaline of $0.2 million and an impairment charge related to MesoScribe fixed assets of $0.1 million.
** | Includes $0.4 million of purchased equipment financed with a loan.

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 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: 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 3: 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 4: 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