Quarterly report pursuant to Section 13 or 15(d)

REVENUE (Tables)

v3.23.1
REVENUE (Tables)
3 Months Ended
Mar. 31, 2023
REVENUE  
Schedule of contract assets

Contract assets are as follows (in thousands):

    

March 31, 2023

    

December 31, 2022

    

Change

Contract assets

$

11,659

$

7,277

$

4,382

Schedule of revenue by segment, as well as total revenue

The Company reports revenue by segment. The following tables present revenue by segment, as well as a reconciliation to total revenue for the three months ended March 31, 2023 and 2022 (in thousands):

    

Three Months Ended March 31, 

    

2023

Asset Management

    

    

    

 Solutions

    

TechOps

    

Total Revenues

USM

$

15,152

$

2,416

$

17,568

Whole asset sales

 

27,656

 

-

 

27,656

Engineered solutions

 

-

 

271

 

271

Total products

 

42,808

 

2,687

 

45,495

Leasing

 

5,622

 

-

 

5,622

Services

 

-

 

27,154

 

27,154

Total revenues

$

48,430

$

29,841

$

78,271

    

Three Months Ended March 31, 

    

2022

Asset Management

    

 Solutions

    

TechOps

    

Total Revenues

USM

$

14,409

$

819

$

15,228

Whole asset sales

51,920

23,955

75,875

Engineered solutions

 

-

 

1,265

 

1,265

Total products

 

66,329

 

26,039

 

92,368

Leasing

 

8,201

 

-

 

8,201

Services

 

-

 

22,237

 

22,237

Total revenues

$

74,530

$

48,276

$

122,806