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Segment Information (Tables)
9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Schedule of Reportable Business Segment Business segment information follows (in thousands):

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Electronic components

 

$

8,417

 

 

$

7,173

 

 

$

23,172

 

 

$

19,834

 

Electronic instruments

 

 

344

 

 

 

328

 

 

 

1,131

 

 

 

1,085

 

Total consolidated revenues

 

$

8,761

 

 

$

7,501

 

 

$

24,303

 

 

$

20,919

 

Operating Income (Loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Electronic components

 

$

756

 

 

$

854

 

 

$

2,521

 

 

$

2,037

 

Electronic instruments

 

 

(39

)

 

 

32

 

 

 

(53

)

 

 

150

 

Unallocated corporate expense

 

 

(596

)

 

 

(1,632

)

 

 

(2,002

)

 

 

(2,377

)

Total operating income (loss)

 

 

121

 

 

 

(746

)

 

 

466

 

 

 

(190

)

Interest income (expense), net

 

 

51

 

 

 

(3

)

 

 

51

 

 

 

(9

)

Gain on equity investment in unconsolidated subsidiary

 

 

 

 

 

60,205

 

 

 

 

 

 

59,453

 

Investment loss

 

 

(2,121

)

 

 

(18,867

)

 

 

(4,449

)

 

 

(18,665

)

Other (expense) income, net

 

 

(13

)

 

 

240

 

 

 

(37

)

 

 

280

 

Total other (expense) income, net

 

 

(2,083

)

 

 

41,575

 

 

 

(4,435

)

 

 

41,059

 

(Loss) Income Before Income Taxes

 

$

(1,962

)

 

$

40,829

 

 

$

(3,969

)

 

$

40,869