v3.26.1
Note 17 - Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2026
Notes Tables  
Segment Reporting [Table Text Block]
  

Gearing

  

Industrial Solutions

  

Corporate and Other

  

Eliminations

  

Consolidated

 

For the Three Months Ended June 30, 2026

                    

Revenues from external customers

 $9,045  $13,172  $2,086  $—  $24,303 

Intersegment revenues

  —   —   —   —   — 

Net revenues

  9,045   13,172   2,086   —   24,303 

Direct materials

  2,646   7,406             

Direct labor

  1,737   *             

Indirect labor

  1,333   709             

Variable overhead

  1,127   874             

Depreciation and amortization

  530   79   166   —   775 

All other expenses (1)

  1,896   1,765             

Operating (loss) income

  (224)  2,339   (2,362)  —   (247)

Capital expenditures

  307   182   —   —   489 
  

Gearing

  

Industrial Solutions

  

Corporate and Other

  

Eliminations

  

Consolidated

 

For the Three Months Ended June 30, 2025

                    

Revenues from external customers

 $7,284  $6,962  $274  $—  $14,520 

Intersegment revenues

  —   401   —   (401)  — 

Net revenues

  7,284   7,363   274   (401)  14,520 

Direct materials

  1,826   4,446             

Direct labor

  1,432   *             

Indirect labor

  1,133   588             

Variable overhead

  975   659             

Depreciation and amortization

  550   113   69   —   732 

All other expenses (1)

  2,187   1,071             

Operating (loss) income

  (819)  486   (2,048)  —   (2,381)

Capital expenditures

  116   94   118   —   328 
  

Gearing

  

Industrial Solutions

  

Corporate and Other

  

Eliminations

  

Consolidated

 

For the Six Months Ended June 30, 2026

                    

Revenues from external customers

 $17,499  $22,408  $2,342  $—  $42,249 

Intersegment revenues

  —   —   —   —   — 

Net revenues

  17,499   22,408   2,342   —   42,249 

Direct materials

  4,657   12,328             

Direct labor

  3,306   *             

Indirect labor

  2,592   1,407             

Variable overhead

  2,145   1,688             

Depreciation and amortization

  1,059   175   282   —   1,516 

All other expenses (1)

  4,020   2,845             

Operating (loss) income

  (280)  3,965   (5,014)  —   (1,329)

Capital expenditures

  1,253   206   1,773   —   3,232 
  

Gearing

  

Industrial Solutions

  

Corporate and Other

  

Eliminations

  

Consolidated

 

For the Six Months Ended June 30, 2025

                    

Revenues from external customers

 $13,251  $12,586  $3,555  $—  $29,392 

Intersegment revenues

  —   424   —   (424)  — 

Net revenues

  13,251   13,010   3,555   (424)  29,392 

Direct materials

  3,266   7,776             

Direct labor

  2,693   *             

Indirect labor

  2,262   1,135             

Variable overhead

  1,849   1,132             

Depreciation and amortization

  1,099   227   141   —   1,467 

All other expenses (1)

  3,793   1,924             

Operating (loss) income

  (1,711)  816   (3,328)  —   (4,223)

Capital expenditures

  142   94   195   —   431 
  

Total Assets as of

 
  

June 30,

  

December 31,

 
   2026   2025 

Gearing

 $44,196  $40,752 

Industrial Solutions

  26,897   20,222 

Corporate and Other

  39,440   78,061 

Assets - discontinued operations

  13,147   43,800 

Eliminations

  (11,507)  (66,030)
  $112,173  $116,805