v3.26.1
SEGMENT INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information by Segment
Revenue, cost of sales and gross profit for each of our reportable segments were as follows:

Three Months Ended Six Months Ended
(in thousands)June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Revenue:
Healthcare Solutions$48,096 $45,020 $98,229 $86,336 
Industrial Solutions46,483 49,818 91,888 103,042 
Total revenue94,579 94,838 190,117 189,378 
Cost of sales:
Healthcare Solutions28,892 24,638 56,728 49,930 
Industrial Solutions31,225 34,050 64,584 70,609 
Total cost of sales60,117 58,688 121,312 120,539 
Gross profit:
Healthcare Solutions19,204 20,382 41,501 36,406 
Industrial Solutions15,258 15,768 27,304 32,433 
Total gross profit34,462 36,150 68,805 68,839 
Selling, general and administrative(35,135)(34,139)(66,483)(83,908)
Research and development(9,972)(17,361)(19,607)(37,044)
Foreign exchange gain (loss), net1,464 (1,591)4,102 (452)
Interest income575 1,717 1,159 2,670 
Interest expense(2,155)(697)(4,319)(1,278)
Gain on disposition— 125,681 — 125,681 
Other (loss) income, net(839)7,020 2,689 6,860 
Net (loss) income before income taxes$(11,600)$116,780 $(13,654)$81,368 

Depreciation and amortization included in the measurement of gross profit by segment were as follows:

Three Months Ended Six Months Ended
(in thousands)June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Depreciation and amortization:
Healthcare Solutions$1,363 $1,201 $2,802 $2,685 
Industrial Solutions$673 $671 $1,298 $1,293