v3.26.3
SEGMENT INFORMATION (Tables)
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Schedule of Operating Income by Segment
    Three Months Ended September 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   $ 11,230     $ 11,948     $ 30,150     $ 2,235     $ -     $ 55,563  
Revenues – internal     49       83       115       -       (247 )     -  
                                                 
Cost of revenues     7,344       8,070       21,293       1,828       (159 )     38,376  
Gross profit     3,935       3,961       8,972       407       (88 )     17,187  
                                                 
Research and development     254       379       -       93       -       726  
Selling and marketing     498       541       1,154       191       -       2,384  
General and administrative     1,739       969       2,091       242       -       5,041  
Operating income (loss)   $ 1,444     $ 2,072     $ 5,727     $ (119 )   $ (88 )     9,036  
                                                 
Gain on sale of equity investment                                             -  
Interest expenses                                             (216 )
Other financial income, net                                             273  
Income before taxes                                           $ 9,093  

 

    Three Months Ended September 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   $ 10,397     $ 10,550     $ 22,980     $ 2,308     $ -     $ 46,235  
Revenues – internal     160       608       -       -       (768 )     -  
                                                 
Cost of revenues     7,382       8,504       18,146       1,400       (798 )     34,634  
Gross profit     3,175       2,654       4,834       908       30       11,601  
                                                 
Research and development     73       180       -       70       -       323  
Selling and marketing     345       580       925       143       -       1,993  
General and administrative     1,626       856       1,378       165       -       4,025  
Operating income   $ 1,131     $ 1,038     $ 2,531     $ 530     $ 30       5,260  
                                                 
Financial income, net                                             30  
Income before taxes                                           $ 5,290  

 

    Nine Months Ended September 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   $ 33,059     $ 34,881     $ 74,653     $ 7,055     $ -     $ 149,648  
Revenues – internal     91       278       189       -       (558 )     -  
                                                 
Cost of revenues     23,318       24,360       57,083       4,907       (558 )     109,110  
Gross profit     9,832       10,799       17,759       2,148       -       40,538  
                                                 
Research and development     697       926       -       209       -       1,832  
Selling and marketing     1,873       1,534       3,160       529       -       7,096  
General and administrative     4,294       3,083       5,878       711       -       13,966  
Operating income   $ 2,968     $ 5,256     $ 8,721     $ 699       -       17,644  
                                                 
Gain on sale of equity investment                                             4,324  
Interest expenses                                             (546 )
Other financial income, net                                             92  
Income before taxes                                           $ 21,514  

 

    Nine Months Ended September 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   $ 30,091     $ 33,371     $ 61,274     $ 6,745     $ -     $ 131,481  
Revenues – internal     497       1,506       -       -       (2,003 )     -  
                                                 
Cost of revenues     21,269       25,466       50,891       3,591       (2,116 )     99,101  
Gross profit     9,319       9,411       10,383       3,154       113       32,380  
                                                 
Research and development     391       494       -       2       -       887  
Selling and marketing     1,249       1,716       2,722       419       -       6,106  
General and administrative     4,106       2,594       4,337       485       -       11,522  
Operating income     3,573       4,607       3,324       2,248       113       13,865  
                                                 
Financial expenses, net                                             (1,128 )
Income before taxes                                           $ 12,737  
Schedule of Assets, Depreciation and Amortization, and Capital Expenditures by Segment
    Nine Months Ended September 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   $ 71,676     $ 46,689     $ 126,386     $ 10,156     $ (237 )   $ 254,670  
Depreciation and amortization     828       878       2,203       279       (122 )     4,066  
Expenditure for segment assets     1,471       630       4,755       308       -       7,164  

 

    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