Operating Segments and Related Information

9 Months Ended

Sep. 30, 2011

Operating Segments and Related Information [Abstract]

Segment Reporting Disclosure [Text Block]

Operating Segments and Related Information

The following table presents certain continuing operating division information in accordance with the provisions of ASC 280, “Segments Reporting.”

(in thousands)	Solar			Biomedical		Optoelectronics			Total Company
For the three months ended September 30, 2011
Net sales and revenues	$	6,177		$	2,003	$	763		$	8,943
Operating income (loss) from continuing operations	$	(1,331	)	$	405	$	(816	)	$	(1,742	)
For the three months ended September 30, 2010
Net sales and revenues	$	17,289		$	2,104	$	1,252		$	20,645
Operating income (loss) from continuing operations	$	(1,132	)	$	324	$	(242	)	$	(1,050	)
For the nine months ended September 30, 2011
Net sales and revenues	$	33,610		$	6,169	$	2,268		$	42,047
Operating income (loss) from continuing operations	$	(1,796	)	$	1,159	$	(2,340	)	$	(2,977	)
For the nine months ended September 30, 2010
Net sales and revenues	$	51,574		$	6,490	$	3,791		$	61,855
Operating income (loss) from continuing operations	$	(2,414	)	$	1,116	$	(1,361	)	$	(2,659	)

The following table shows net sales and revenues by geographic area (based on customer location):

	Three Months Ended September 30,								Nine Months Ended September 30,
(in thousands)	2011		%		2010		%		2011		%		2010		%
United States	$	2,911	33	%	$	14,370	70	%	$	18,257	43	%	$	38,822	63	%
Europe/Africa	1,382		15		3,353		16		4,175		10		13,685		22
Asia	4,465		50		2,922		14		17,504		42		9,322		15
Rest of the world	185		2		—		—		2,111		5		26		—
	$	8,943	100	%	$	20,645	100	%	$	42,047	100	%	$	61,855	100	%

Revenues from contracts with United States government agencies for the three months ended September 30, 2011 and 2010 were approximately $108 thousand and $3.4 million or 1% and 16% of total net sales and revenues, respectively.

Revenues from contracts with United States government agencies for the nine months ended September 30, 2011 and 2010 were approximately $8.6 million and $19.0 million or 20% and 31% of total net sales and revenues, respectively.

Revenues from the delivery of solar equipment to two customers accounted for 28% and 13%, respectively, of total net sales and revenues for the three month period ended September 30, 2011.

Revenues from the delivery of solar equipment and recurring revenues from the sale of solar cell materials to the same customer accounted for 2% and 17%, respectively, of total net sales and revenues for the nine month period ended September 30, 2011.  Revenues from the delivery of solar equipment to another two customers account for 18% and 13% of total net sales and revenues for the nine month period ended September 30, 2011.

Recurring revenues from the sale of solar cell materials to one customer account for 12% of total net sales and revenues for the three month period ended September 30, 2010. Revenues from the delivery of a solar equipment module line to one customer account for 15% of total net sales and revenues for the three month period ended September 30, 2010. Revenues from the delivery of four solar systems to one customer account for 35% of total net sales and revenues for the three month period ended September 30, 2010.

Revenues from the delivery of a solar equipment module line and recurring revenues from the sale of solar cell materials to the same customer account for 9% and 17%, respectively, of total net sales and revenues for the nine month period ended September 30, 2010. Revenues from the delivery of a solar equipment cell line and solar equipment module line to the same customer account for 12% and 6%, respectively, of total net sales and revenues for the nine month period ended September 30, 2010. Revenues from the delivery of four solar systems to one customer account for 12% of total net sales and revenues for the nine month period ended September 30, 2010.

One customer represented approximately 18% of net accounts receivable, trade at September 30, 2011 and two customers represented approximately 16% and 12% of net accounts receivable, trade at December 31, 2010.