Quarterly report pursuant to Section 13 or 15(d)

REVENUE (Tables)

v3.22.2.2
REVENUE (Tables)
9 Months Ended
Sep. 30, 2022
REVENUE.  
Schedule of contract assets

Contract assets are as follows (in thousands):

    

September 30, 2022

    

December 31, 2021

    

Change

Contract assets

$

7,580

$

13,221

$

(5,641)

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 and nine months ended September 30, 2022 and 2021 (in thousands):

    

Three Months Ended September 30, 

    

Nine Months Ended September 30, 

    

    

2022

    

2022

    

Asset Management

    

    

Asset Management

    

    

    

 Solutions

    

Tech Ops

    

Total Revenues

    

 Solutions

    

TechOps

    

Total Revenues

    

USM

$

10,128

$

3,455

$

13,583

$

38,869

$

5,209

$

44,078

Whole asset sales

 

2,677

 

-

 

2,677

 

147,451

 

23,605

 

171,056

Engineered solutions

 

-

 

563

 

563

 

-

 

2,679

 

2,679

Total products

 

12,805

 

4,018

 

16,823

 

186,320

 

31,493

 

217,813

Leasing

 

7,786

 

-

 

7,786

 

23,342

 

-

 

23,342

Services

 

-

 

26,390

 

26,390

 

-

 

72,258

 

72,258

Total revenues

$

20,591

$

30,408

$

50,999

$

209,662

$

103,751

$

313,413

    

Three Months Ended September 30, 

    

Nine Months Ended September 30, 

    

    

2021

    

2021

    

Asset Management

Asset Management

    

 Solutions

    

Tech Ops

    

Total Revenues

    

 Solutions

    

TechOps

    

Total Revenues

    

USM

$

13,466

$

1,315

$

14,781

$

33,935

$

3,574

$

37,509

Whole asset sales

27,408

-

27,408

83,868

-

83,868

Engineered solutions

 

-

 

1,424

 

1,424

 

-

 

3,537

 

3,537

Total products

 

40,874

 

2,739

 

43,613

 

117,803

 

7,111

 

124,914

Leasing

 

8,002

 

-

 

8,002

 

20,624

 

-

 

20,624

Services

 

-

 

21,683

 

21,683

 

-

 

78,116

 

78,116

Total revenues

$

48,876

$

24,422

$

73,298

$

138,427

$

85,227

$

223,654