Note 10 - Segment Reporting

9 Months Ended

Sep. 30, 2021

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

(10) Segment Reporting

The Company consists of a single operating and reportable segment.

Revenues from customers outside of the United States are not material. No customer comprised more than 10% of the Company’s consolidated revenues for the three- and nine-month periods ended September 30, 2021 and 2020. At September 30, 2021 and December 31, 2020, one customer represented approximately 10.6% and 13.3% of gross accounts receivable, respectively. All of the Company’s assets are located in the United States.

The Company’s products are primarily sold to customers within the Medical, Consumer, Aerospace & Defense, Automotive, Industrial, and Electronics markets. Net sales by market for the three- and nine-month periods ended September 30, 2021 and 2020 are as follows (in thousands):

	Three Months Ended September 30,										Nine Months Ended September 30,
	2021					2020 (1)					2021					2020 (1)
Market	Net Sales		%			Net Sales		%			Net Sales		%			Net Sales		%
Medical	$	32,380		63.8	%	$	26,869		62.1	%	$	95,100		63.4	%	$	92,179		68.7	%
Consumer		6,449		12.7	%		5,581		12.9	%		18,125		12.1	%		12,216		9.1	%
Aerospace & Defense		3,873		7.6	%		3,388		7.8	%		12,628		8.4	%		9,223		6.9	%
Automotive		3,851		7.6	%		4,473		10.3	%		12,065		8.0	%		10,525		7.8	%
Industrial		2,168		4.3	%		1,765		4.1	%		6,494		4.2	%		5,840		4.4	%
Electronics		2,002		3.9	%		1,223		2.8	%		5,565		3.7	%		4,237		3.2	%
Net Sales	$	50,723		100.0	%	$	43,299		100.0	%	$	149,977		100.0	%	$	134,220		100.0	%

(1) Certain amounts for the three and nine months ended September 30, 2021 were reclassified between markets to conform to the current period presentation.