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SEGMENT REPORTING (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

SCHEDULE OF SEGMENT INFORMATION

The following provides segment information as described below (in thousands):

 SCHEDULE OF SEGMENT INFORMATION

		For the three months ended September 30, 2025
		CVD				SDC				MesoScribe				Total
Segment revenue		$	5,677			$	1,858			$	6			$	7,541
Less:
Cost of revenue			(3,867	)			(1,254	)			1				(5,120	)
Research and development			(558	)			(36	)			-				(594	)
Selling			(270	)			(58	)			-				(328	)
General and administrative			(203	)			(243	)			-				(446	)
Gain on equipment
Interest expense			(3	)			-				-				(3	)
Segment net income		$	776			$	267			$	7			$	1,050
Segment assets		$	18,982			$	3,156			$	(2	)		$	22,136
Capital expenditures		$	-			$	-			$	-			$	-
Depreciation and amortization		$	150			$	13			$	-			$	163

		For the three months ended September 30, 2024
		CVD				SDC				MesoScribe				Total
Segment revenue		$	5,683			$	2,005			$	661			$	8,349
Less:
Cost of revenue			(5,233	)			(1,215	)			(138	)			(6,586	)
Research and development			(597	)			(47	)			-				(644	)
Selling			(368	)			(50	)			(5	)			(423	)
General and administrative			(315	)			(156	)			(39	)			(510	)
Gain on equipment			-				-				625				625
Interest expense			(5	)			-				-				(5	)
Segment net income (loss)		$	(835	)		$	537			$	1,104			$	806
Segment assets		$	17,770			$	3,805			$	836			$	22,411
Capital expenditures		$	31			$	7			$	-			$	38
Depreciation and amortization		$	158			$	12			$	-			$	170

NOTE 10: SEGMENT REPORTING (continued)

The following provides segment information as described below (in thousands):

		For the nine months ended September 30, 2025
		CVD				SDC				MesoScribe				Total
Segment revenue		$	15,396			$	5,733			$	37			$	21,166
Less:
Cost of revenue			(11,325	)			(3,648	)			(3	)			(14,976	)
Research and development			(1,931	)			(130	)			-				(2,061	)
Selling			(919	)			(178	)			-				(1,097	)
General and administrative			(734	)			(691	)			-				(1,425	)
Interest expense			(10	)			-				-				(10	)
Segment net income		$	477			$	1,086			$	34			$	1,597
Capital expenditures		$	43			$	6			$	-			$	49
Depreciation and amortization		$	477			$	40			$	-			$	517

		For the nine months ended September 30, 2024
		CVD				SDC				MesoScribe				Total
Segment revenue		$	12,738			$	6,252			$	775			$	19,765
Less:
Cost of revenue			(11,884	)			(3,516	)			(274	)			(15,674	)
Research and development			(1,874	)			(181	)			-				(2,055	)
Selling			(1,116	)			(147	)			(5	)			(1,268	)
General and administrative			(1,080	)			(523	)			(87	)			(1,690	)
Gain on Equipment											625				625
Other income			2				-				-				2
Interest expense			(14	)			-				-				(14	)
Segment net income (loss)		$	(3,228	)		$	1,885			$	1,034			$	(309	)
Capital expenditures		$	209			$	10			$	-			$	219
Depreciation and amortization		$	441			$	35			$	-			$	476

SCHEDULE OF RECONCILIATION OF NET INCOME (LOSS) OF REPORTABLE SEGMENTS TO CONSOLIDATED NET LOSS

The following table presents a reconciliation of net income (loss) of reportable segments to consolidated net income (loss) (in thousands):

 SCHEDULE OF RECONCILIATION OF NET INCOME (LOSS) OF REPORTABLE SEGMENTS TO CONSOLIDATED NET LOSS

		Three months ended September 30,								Nine months ended September 30,
		2025				2024				2025				2024
Net income (loss) of reportable segments		$	1,050			$	806			$	1,597			$	(309	)
Unallocated amounts:
Corporate expenses			(745	)			(734	)			(2,170	)			(2,154	)
Interest income			79				136				272				438
Income tax (expense)			-				(5	)			(16	)			(5	)
Consolidated net income (loss)		$	384			$	203			$	(317	)		$	(2,030	)

SCHEDULE OF REVENUE BY GEOGRAPHIC AREA

The following table presents revenue by geographic area (in thousands):

 SCHEDULE OF REVENUE BY GEOGRAPHIC AREA

		Three months ended September 30,								Nine months ended September 30,
		2025				2024				2025				2024
United States		$	7,139			$	6,610			$	19,726			$	16,753
North America, excluding US			-				30				3				47
Europe, Middle East and Africa			136				1,355				699				1,698
Asia-Pacific			133				199				408				964
Consolidated total revenue		$	7,408			$	8,194			$	20,836			$	19,462

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

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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.

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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.

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