| Schedule of Company’s Reportable Segments by Geographic Region |
The following table summarizes the revenues of
the Company’s reportable segments by geographic region for the three months ended March 31, 2024 (in thousands):
| |
|
Fabrication
Services
Revenue |
|
|
Product
Sales
Revenue |
|
|
Total
Revenue
with
Customers |
|
| Americas |
|
$ |
2,427 |
|
|
$ |
487 |
|
|
$ |
2,914 |
|
| Asia |
|
|
284 |
|
|
|
3,335 |
|
|
|
3,619 |
|
| Europe |
|
|
38 |
|
|
|
939 |
|
|
|
977 |
|
| Total |
|
$ |
2,749 |
|
|
$ |
4,761 |
|
|
$ |
7,510 |
|
The following table summarizes the revenues of
the Company’s reportable segments by geographic region for the nine months ended March 31, 2024 (in thousands):
| |
|
Fabrication
Services
Revenue |
|
|
Product
Sales
Revenue |
|
|
Total
Revenue
with
Customers |
|
| Americas |
|
$ |
7,863 |
|
|
$ |
1,369 |
|
|
$ |
9,232 |
|
| Asia |
|
|
687 |
|
|
|
9,000 |
|
|
|
9,687 |
|
| Europe |
|
|
159 |
|
|
|
2,452 |
|
|
|
2,611 |
|
| Total |
|
$ |
8,709 |
|
|
$ |
12,821 |
|
|
$ |
21,530 |
|
The following table summarizes the revenues of
the Company’s reportable segments by geographic region for the three months ended March 31, 2023 (in thousands):
| |
|
Fabrication
Services
Revenue |
|
|
Product
Sales
Revenue |
|
|
Total
Revenue
with
Customers |
|
| Americas |
|
$ |
3,064 |
|
|
$ |
992 |
|
|
$ |
4,056 |
|
| Asia |
|
|
271 |
|
|
|
2,420 |
|
|
|
2,691 |
|
| Europe |
|
|
63 |
|
|
|
546 |
|
|
|
609 |
|
| Total |
|
$ |
3,398 |
|
|
$ |
3,958 |
|
|
$ |
7,356 |
|
The following table summarizes the revenues of
the Company’s reportable segments by geographic region for the nine months ended March 31, 2023 (in thousands):
| |
|
Fabrication
Services
Revenue |
|
|
Product
Sales
Revenue |
|
|
Total
Revenue
with
Customers |
|
| Americas |
|
$ |
4,914 |
|
|
$ |
3,123 |
|
|
$ |
8,037 |
|
| Asia |
|
|
1,244 |
|
|
|
7,254 |
|
|
|
8,498 |
|
| Europe |
|
|
63 |
|
|
|
2,179 |
|
|
|
2,242 |
|
| Other |
|
|
— |
|
|
|
11 |
|
|
|
11 |
|
| Total |
|
$ |
6,221 |
|
|
$ |
12,567 |
|
|
$ |
18,788 |
|
|
| Schedule of Changes in the Opening and Closing Balances |
The following table summarizes the changes in
the opening and closing balances of the Company’s contract asset (included in Other current assets on the Consolidated Balance Sheet)
and contract liability (included as Deferred revenue on the Consolidated Balance Sheet) for the first nine months of fiscal years 2024
and 2023 (in thousands):
| |
|
Contract
Assets |
|
|
Contract
Liability |
|
| Balance, June 30, 2023 |
|
$ |
1,894 |
|
|
$ |
70 |
|
| Closing, March 31, 2024 |
|
|
1,121 |
|
|
|
96 |
|
| Increase/(Decrease) |
|
$ |
(773 |
) |
|
$ |
26 |
|
| |
|
|
|
|
|
|
|
|
| Balance, June 30, 2022 |
|
$ |
908 |
|
|
$ |
286 |
|
| Closing, March 31, 2023 |
|
|
1,358 |
|
|
|
114 |
|
| Increase/(Decrease) |
|
$ |
450 |
|
|
$ |
(172 |
) |
|