Annual report pursuant to Section 13 and 15(d)

REVENUE (Tables)

v3.24.0.1
REVENUE (Tables)
12 Months Ended
Dec. 31, 2023
REVENUE.  
Schedule of contract assets

The contract assets are as follows (in thousands):

    

December 31, 2023

    

December 31, 2022

    

Change

Contract assets

$

6,474

$

7,277

$

(803)

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 (in thousands):

    

Year Ended December 31, 

    

2023

Asset Management

    

    

    

 Solutions

    

TechOps

    

Total Revenues

USM

$

63,418

$

15,278

$

78,696

Whole asset sales

 

137,236

 

218

 

137,454

Engineered solutions

 

-

 

1,305

 

1,305

Total products

 

200,654

 

16,801

 

217,455

Leasing

 

14,513

 

-

 

14,513

Services

 

-

 

102,535

 

102,535

Total revenues

$

215,167

$

119,336

$

334,503

    

Year Ended December 31, 

    

2022

Asset Management

    

 Solutions

    

TechOps

    

Total Revenues

USM

$

50,125

$

8,146

$

58,271

Whole asset sales

198,750

 

23,737

 

222,487

Engineered solutions

 

-

 

3,796

 

3,796

Total products

 

248,875

 

35,679

 

284,554

Leasing

 

28,732

 

-

 

28,732

Services

 

-

 

95,258

 

95,258

Total revenues

$

277,607

$

130,937

$

408,544

    

Year Ended December 31, 

    

2021

Asset Management

    

 Solutions

    

TechOps

    

Total Revenues

USM

$

44,409

$

4,884

$

49,293

Whole asset sales

156,944

 

-

156,944

Engineered solutions

 

-

 

3,644

 

3,644

Total products

 

201,353

 

8,528

 

209,881

Leasing

 

30,657

 

-

 

30,657

Services

 

-

 

99,899

 

99,899

Total revenues

$

232,010

$

108,427

$

340,437