Note 14 - Business Segments

3 Months Ended

Sep. 30, 2022

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

14.   BUSINESS SEGMENTS

The Company operated in four segments; the testing service industry (which performs structural and electronic tests of semiconductor devices), the designing and manufacturing of equipment (assembly of equipment that tests the structural integrity of integrated circuits and other products), distribution of various products from other manufacturers in Singapore and Asia and the real estate segment in China.

The cost of equipment, current year investment in new equipment and depreciation expense are allocated into respective segments based on primary purpose for which the equipment was acquired.

All intersegment sales were sales from the manufacturing segment to the testing and distribution segment. Total intersegment sales were $554 and $588 for 3 months ended September 30, 2022, and September 30, 2021 respectively. Corporate assets consisted primarily of cash and prepaid expense. Corporate expense consisted primarily of stock option expense, salaries, insurance, professional expenses and directors' fees. Corporate expenses are allocated to the four segments on a predetermined fixed amount calculated based on the annual budgeted sales, except the Malaysia operation, which is calculated based on actual sales. The following segment information table includes segment operating income or loss after including corporate expenses allocated to the segments, which gets eliminated in the consolidation.

The following segment Information is unaudited for the three months ended September 30, 2022, and September 30, 2021:

Business Segment Information:

	Three Months
	Ended	Net		Operating			Total		Depr. And		Capital
	Sept. 30,	Revenue		Income / (Loss)			Assets		Amort.		Expenditures
Manufacturing	2022	$	3,585	$	176		$	12,791	$	97	$	-
	2021	$	3,562	$	300		$	18,558	$	103	$	60
Testing Services	2022		6,364		1,087			27,770		767		1,156
	2021		4,600		536			18,363		585		377
Distribution	2022		1,982		265			1,603		-		-
	2021		1,998		254			1,288		2		-
Real Estate	2022		8		(14	)		1,490		18		-
	2021		11		(23	)		1,588		19		1
Corporate & Unallocated	2022		-		(447	)		151		-		-
	2021		-		(97	)		314		-		-
Total Company	2022	$	11,939	$	1,067		$	43,805	$	882	$	1,156
	2021	$	10,171	$	970		$	40,111	$	709	$	438