Quarterly report pursuant to Section 13 or 15(d)

REVENUE (Tables)

v3.24.3
REVENUE (Tables)
9 Months Ended
Sep. 30, 2024
REVENUE  
Schedule of contract assets

Contract assets are as follows (in thousands):

    

September 30, 2024

    

December 31, 2023

    

Change

Contract assets

$

5,460

$

6,474

$

(1,014)

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, 2024 and 2023 (in thousands):

    

Three Months Ended September 30, 

    

Nine Months Ended September 30, 

    

2024

    

2024

Asset Management

    

    

Asset Management

    

    

    

 Solutions

    

Tech Ops

    

Total Revenues

    

 Solutions

    

TechOps

    

Total Revenues

USM

$

20,928

$

3,718

$

24,646

$

58,060

$

13,211

$

71,271

Whole asset sales

 

22,586

 

-

 

22,586

 

79,147

 

-

 

79,147

Engineered solutions

 

-

 

487

 

487

 

-

 

2,209

 

2,209

Total products

 

43,514

 

4,205

 

47,719

 

137,207

 

15,420

 

152,627

Leasing

 

6,900

 

-

 

6,900

 

14,268

 

-

 

14,268

Services

 

-

 

28,065

 

28,065

 

-

 

83,430

 

83,430

Total revenues

$

50,414

$

32,270

$

82,684

$

151,475

$

98,850

$

250,325

    

Three Months Ended September 30, 

    

Nine Months Ended September 30, 

    

2023

    

2023

Asset Management

Asset Management

    

 Solutions

    

Tech Ops

    

Total Revenues

    

 Solutions

    

TechOps

    

Total Revenues

USM

$

17,754

$

3,884

$

21,638

$

49,348

$

9,709

$

59,057

Whole asset sales

44,812

-

44,812

89,811

218

90,029

Engineered solutions

 

-

 

392

 

392

 

-

 

874

 

874

Total products

 

62,566

 

4,276

 

66,842

 

139,159

 

10,801

 

149,960

Leasing

 

2,488

 

-

 

2,488

 

11,396

 

-

 

11,396

Services

 

-

 

23,154

 

23,154

 

-

 

78,725

 

78,725

Total revenues

$

65,054

$

27,430

$

92,484

$

150,555

$

89,526

$

240,081