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Segment Reporting | 12 Months Ended
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Dec. 31, 2023
Segment Reporting [Abstract] |
Segment Reporting | Note 14 – Segment Reporting The Company operates through three segments: CVD Equipment, Stainless Design Concepts (“SDC”) and CVD Materials. The CVD Equipment segment manufactures and sells chemical vapor deposition, physical vapor transport and similar equipment. SDC manufactures ultra-high purity gas control systems. The CVD Materials segment provides 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 (loss) before taxes. The Company’s corporate administration activities are reported in the “Corporate” column. These activities primarily include 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. Elimination entries included in the “Eliminations” column represent intersegment revenues and cost of revenues that are eliminated in consolidation. Intersegment sales for the year ended December 31, 2023 and 2022 by the SDC segment to the CVD Equipment segment were $439,000 and $573,000, respectively. Intersegment sales by the CVD Equipment segment to the SDC segment for the year ended December 31, 2023 were $109,000. There were no intersegment sales by the CVD Equipment segment to the SDC segment during the year ended December 31, 2022. The following table presents certain information regarding the Company’s segments as of and for the years ended December 31, 2023 and December 31, 2022 (in thousands, including amount in notes): Schedule of Segments 2023
|  | CVD Equipment |  |  | SDC |  |  | CVD Materials |  |  | Corporate |  |  | Eliminations |  |  | Consolidated |
Assets |  | $ | 31,401 |  |  | $ | 3,468 |  |  | $ | 211 |  |  | $ | - |  |  | $ | (55 | ) |  | $ | 35,025 |
Revenue |  | $ | 16,334 |  |  | $ | 7,139 |  |  | $ | 1,184 |  |  | $ | - |  |  | $ | (548 | ) |  | $ | 24,109 |
Operating (loss) income(1) |  |  | (2,129 | ) |  |  | 1,677 |  |  |  | (193 | ) |  |  | (4,118 | ) |  |  | (118 | ) |  |  | (4,881 | )
Pretax (loss) income (1) |  |  | (2,070 | ) |  |  | 1,677 |  |  |  | (141 | ) |  |  | (3,542 | ) |  |  | (118 | ) |  |  | (4,194 | )
Depreciation and amortization |  | $ | 620 |  |  | $ | 49 |  |  | $ | 123 |  |  | $ | - |  |  | $ | - |  |  | $ | 792 |
Purchases of property, plant & equipment |  | $ | 404 |  |  | $ | 14 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 418 |
2022
|  | CVD Equipment |  |  | SDC |  |  | CVD Materials |  |  | Corporate |  |  | Eliminations |  |  | Consolidated |
Assets |  | $ | 31,622 |  |  | $ | 4,149 |  |  | $ | 2,099 |  |  | $ | - |  |  | $ | 42 |  |  | $ | 37,912 |
Revenue |  | $ | 16,674 |  |  | $ | 6,541 |  |  | $ | 3,171 |  |  | $ | - |  |  | $ | (573 | ) |  | $ | 25,813 |
Operating (loss) income |  |  | (1,430 | ) |  |  | 1,546 |  |  |  | 1,050 |  |  |  | (2,989 | ) |  |  | - |  |  |  | (1,823 | )
Pretax (loss) income (2) |  |  | (156 | ) |  |  | 1,849 |  |  |  | 1,076 |  |  |  | (2,989 | ) |  |  | - |  |  |  | (220 | )
Depreciation and amortization |  | $ | 652 |  |  | $ | 49 |  |  | $ | 166 |  |  | $ | - |  |  | $ | - |  |  | $ | 867 |
Purchases of property, plant & equipment (3) |  | $ | 653 |  |  | $ | 3 |  |  | $ | 3 |  |  | $ | - |  |  | $ | - |  |  | $ | - |
| (1) | CVD Materials segment includes loss on sale of Tantaline of $0.2 million and an impairment charge related to MesoScribe fixed assets of $0.1 million.
| (2) | Includes other income related to ERCs of $1,103, $303 and $123 for the CVD, SDC and Materials segments, respectively.
| (3) | Include $0.4 million of purchased equipment financed with a loan
CVD EQUIPMENT CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS December 31, 2023 and 2022

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-15 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-42 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-40 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//280/tableOfContent Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-26 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-34 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 + Details
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