v3.26.1
SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Operating Income by Segment
    Three Months Ended June 30, 2026  
    OEM of Heat Transfer Solutions and Aviation Accessories    

MRO Services for  Heat Transfer Components and OEM of Heat Transfer Solutions

    MRO Services for Aviation Components and Lease     Overhaul and Coating of Jet Engine Components     Elimination of Intercompany sales     Consolidated  
                                     
Revenues - external   $ 11,131     $ 11,902     $ 27,641     $ 2,264     $ -     $ 52,938  
Revenues - internal     -       103       63       -       (166 )     -  
                                                 
Cost of revenues     8,252       8,697       21,325       1,540       (196 )     39,618  
Gross profit     2,879       3,308       6,379       724       30       13,320  
                                                 
Research and development     192       298       -       45       -       535  
Selling and marketing     697       491       1,175       167       -       2,530  
General and administrative     1,198       1,018       2,202       214       -       4,632  
Operating income   $ 792     $ 1,501     $ 3,002     $ 298     $ 30       5,623  
                                                 
Gain on sale of equity investment                                             4,324  
Interest expenses                                             (182 )
Other financial expenses, net                                             (368 )
Income before taxes                                           $ 9,397  

 

    Three Months Ended June 30, 2025  
    OEM of Heat Transfer Solutions and Aviation Accessories     MRO Services for  Heat Transfer Components and OEM of Heat Transfer Solutions     MRO Services for Aviation Components and Lease     Overhaul and Coating of Jet Engine Components     Elimination of Intercompany sales     Consolidated  
                                     
Revenues - external   $ 9,555     $ 11,301     $ 19,996     $ 2,252     $ -     $ 43,104  
Revenues - internal     53       277       -       -       (330 )     -  
                                                 
Cost of revenues     6,714       8,139       16,700       1,083       (357 )     32,279  
Gross profit     2,894       3,439       3,296       1,169       27       10,825  
                                                 
Research and development     171       172       -       (103 )     -       240  
Selling and marketing     452       582       1,009       142       -       2,185  
General and administrative     1,403       944       1,455       163       -       3,965  
Operating income   $ 868     $ 1,741     $ 832     $ 967     $ 27       4,435  
                                                 
Financial expenses, net                                             (1,100 )
Income before taxes                                           $ 3,335  

 

    Six Months Ended June 30, 2026  
    OEM of Heat Transfer Solutions and Aviation Accessories     MRO Services for  Heat Transfer Components and OEM of Heat Transfer Solutions     MRO Services for Aviation Components and Lease     Overhaul and Coating of Jet Engine Components     Elimination of Intercompany sales     Consolidated  
                                     
Revenues - external   $ 21,829     $ 22,933     $ 44,503     $ 4,820     $ -     $ 94,085  
Revenues - internal     42       195       74       -       (311 )     -  
                                                 
Cost of revenues     15,974       16,290       35,790       3,079       (399 )     70,734  
Gross profit     5,897       6,838       8,787       1,741       88       23,351  
                                                 
Research and development     443       547       -       116       -       1,106  
Selling and marketing     1,375       993       2,006       338       -       4,712  
General and administrative     2,555       2,114       3,787       469       -       8,925  
Operating income   $ 1,524     $ 3,184     $ 2,994     $ 818     $ 88       8,608  
                                                 
Gain on sale of equity investment                                             4,324  
Interest expenses                                             (330 )
Other financial expenses, net                                             (181 )
Income before taxes                                           $ 12,421  

 

    Six Months Ended June 30, 2025  
    OEM of Heat Transfer Solutions and Aviation Accessories     MRO Services for  Heat Transfer Components and OEM of Heat Transfer Solutions     MRO Services for Aviation Components and Lease     Overhaul and Coating of Jet Engine Components     Elimination of Intercompany sales     Consolidated  
                                     
Revenues - external   $ 19,304     $ 23,210     $ 38,294     $ 4,438     $ -     $ 85,246  
Revenues - internal     390       845       -       -       (1,235 )     -  
                                                 
Cost of revenues     13,887       16,962       32,745       2,191       (1,318 )     64,467  
Gross profit     5,807       7,093       5,549       2,247       83       20,779  
                                                 
Research and development     320       312       -       (68 )     -       564  
Selling and marketing     903       1,136       1,797       277       -       4,113  
General and administrative     2,480       1,739       2,958       320       -       7,497  
Operating income   $ 2,104     $ 3,906     $ 794     $ 1,718     $ 83       8,605  
                                                 
Financial expenses, net                                             (1,158 )
Income before taxes                                           $ 7,447  
Schedule of Assets, Depreciation and Amortization, and Capital Expenditures by Segment
    Six Months Ended June 30, 2026  
    OEM of Heat Transfer Solutions and Aviation Accessories     MRO Services for Heat Transfer Components and OEM of Heat Transfer Solutions     MRO Services for Aviation Components and Lease     Overhaul and Coating of Jet Engine Components     Amounts not allocated to segments     Consolidated  
                                     
Total assets   $ 70,279     $ 50,686     $ 115,719     $ 10,762     $ (859 )   $ 246,587  
Depreciation and amortization     533       584       1,483       184       (80 )     2,704  
Expenditure for segment assets     989       354       1,037       278       -       2,658  

 

    Year Ended December 31, 2025  
    OEM of Heat Transfer Solutions and Aviation Accessories     MRO Services for Heat Transfer Components and OEM of Heat Transfer Solutions     MRO Services for Aviation Components and Lease     Overhaul and Coating of Jet Engine Components     Amounts not allocated to segments     Consolidated  
                                     
Total assets   $ 78,541     $ 45,305     $ 93,473     $ 10,321     $ (911 )   $ 226,729  
Depreciation and amortization     905       1,107       2,894       356       (161 )     5,101  
Expenditure for segment assets     3,179       839       7,180       225       -       11,423