Segment Information (Tables)

9 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

Schedule of Operating Results by Reportable Segment

The following table summarizes the operating results by reportable segment (dollars in thousands):

	Three Months Ended September 30, 2024
	Laser Products			Advanced Development			Corporate and Other		Totals
Revenue	$	41,132		$	14,997		$	—	$	56,129
Gross profit	$	12,475		$	704		$	(629)	$	12,550
Gross margin	30.3		%	4.7		%	NM*		22.4		%

	Nine Months Ended September 30, 2024
	Laser Products			Advanced Development			Corporate and Other		Totals
Revenue	$	104,960		$	46,207		$	—	$	151,167
Gross profit	$	30,261		$	3,456		$	(1,829)	$	31,888
Gross margin	28.8		%	7.5		%	NM*		21.1		%

	Three Months Ended September 30, 2023
	Laser Products			Advanced Development			Corporate and Other		Totals
Revenue	$	38,103		$	12,531		$	—	$	50,634
Gross profit	$	9,596		$	850		$	(508)	$	9,938
Gross margin	25.2		%	6.8		%	NM*		19.6		%

	Nine Months Ended September 30, 2023
	Laser Products			Advanced Development			Corporate and Other		Totals
Revenue	$	118,802		$	39,227		$	—	$	158,029
Gross profit	$	35,860		$	2,320		$	(1,871)	$	36,309
Gross margin	30.2		%	5.9		%	NM*		23.0		%

*Not meaningful