Segment Information (Tables)

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area

A summary of the Company’s manufacturing operations by geographic segment is presented below:

(In thousands)		United States (Corpus Christi)		European (TPT)		Asian (TMM)		Inter-Company Eliminations		Consolidated
As of and for the years ended:
December 31, 2015
Net Sales:
Customer sales	$	25,646		8,619		2,794	$	-	$	37,059
Intercompany sales		37		4,309		5,832		(10,178)		-
Total Net Sales	$	25,683	$	12,928	$	8,626	$	(10,178)	$	37,059
Share based compensation	$	133	$	-	$	-	$	-	$	133
Depreciation	$	1,011	$	1,174	$	678	$	-	$	2,863
Interest expense	$	13	$	25	$	170	$	-	$	208
Income tax (benefit) expense	$	(318)	$	(69)	$	681	$	16	$	310
Location profit (loss)	$	(760)	$	(225)	$	(5,437)	$	58	$	(6,364)
Capital expenditures	$	1,335	$	4,676	$	6	$	-	$	6,017
Location long-lived assets	$	5,904	$	10,618	$	950	$	-	$	17,472
Location assets	$	15,982	$	13,190	$	7,536	$	-	$	36,708
December 31, 2014
Net Sales:
Customer sales	$	31,777	$	10,154	$	4,799	$	-	$	46,730
Intercompany sales		111		7,977		7,445		(15,533)		-
Total Net Sales	$	31,888	$	18,131	$	12,244	$	(15,533)	$	46,730
Share based compensation	$	128	$	-	$	-	$	-	$	128
Depreciation	$	980	$	1,310	$	1,155	$	-	$	3,445
Interest expense	$	34	$	55	$	265	$	-	$	354
Income tax (benefit) expense	$	120	$	468	$	(737)	$	(38)	$	(187)
Location profit (loss)	$	(41)	$	1,620	$	(2,188)	$	55	$	(554)
Capital expenditures	$	804	$	1,199	$	61	$	-	$	2,064
Location long-lived assets	$	5,627	$	7,894	$	5,368	$	-	$	18,889
Location assets	$	19,564	$	10,393	$	18,169	$	-	$	48,126

Following is a summary of the adjusted EBITDA by segment and consolidated for the years ended December 31, 2015 and 2014.

(In thousands)		United States (Corpus Christi)		European (TPT)		Asian (TMM)		Inter-Company Eliminations		Consolidated
As of and for the years ended:
December 31, 2015
Net Loss	$	(760)	$	(225)	$	(5,437)	$	58	$	(6,364)
Adjustments:
Depreciation and amortization		1,011		1,174		678		-		2,863
Interest expense, net		13		25		170		-		208
Bad debt expense		-		254		43		-		297
(Gain)/loss on foreign currency exchange rate		(149)		52		234		-		137
Income tax (benefit) expense		(318)		(69)		681		16		310
Non-cash inventory impairment		393		20		1,336		-		1,749
Non-Cash loss on disposal/impairment of assets		48		-		2,902		-		2,950
Adjusted EBITDA	$	238	$	1,231	$	607	$	74	$	2,150
December 31, 2014
Net Loss	$	(41)	$	1,620	$	(2,188)	$	55	$	(554)
Adjustments:
Depreciation and amortization		980		1,310		1,155		-		3,445
Interest expense		34		55		265		-		354
Bad debt expense		-		(27)						(27)
(Gain)/loss on foreign currency exchange rate		(182)		59		9		-		(114)
Income tax (benefit) expense		120		468		(737)		(38)		(187)
Non-cash inventory impairment		-		-		-		-		-
Non-cash loss on disposal/impairment of assets		-		-		2,140		-		2,140
Adjusted EBITDA	$	911	$	3,485	$	644	$	17	$	5,057