REVENUE (Tables)

6 Months Ended

Jun. 30, 2024

REVENUE

Schedule of contract assets

Contract assets are as follows (in thousands):


		June 30, 2024			December 31, 2023			Change
Contract assets		$	4,597		$	6,474		$	(1,877)

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 six months ended June 30, 2024 and 2023 (in thousands):


		Three Months Ended June 30,									Six Months Ended June 30,
		2024									2024
		Asset Management									Asset Management
		Solutions			Tech Ops			Total Revenues			Solutions			TechOps			Total Revenues
USM		$	19,600		$	4,118		$	23,718		$	37,132		$	9,493		$	46,625
Whole asset sales			17,913			-			17,913			56,561			-			56,561
Engineered solutions			-			1,667			1,667			-			1,722			1,722
Total products			37,513			5,785			43,298			93,693			11,215			104,908
Leasing			4,286			-			4,286			7,368			-			7,368
Services			-			29,517			29,517			-			55,365			55,365
Total revenues		$	41,799		$	35,302		$	77,101		$	101,061		$	66,580		$	167,641


		Three Months Ended June 30,									Six Months Ended June 30,
		2023									2023
		Asset Management									Asset Management
		Solutions			Tech Ops			Total Revenues			Solutions			TechOps			Total Revenues
USM		$	16,442		$	3,409		$	19,851		$	31,594		$	5,825		$	37,419
Whole asset sales			17,343			218			17,561			44,999			218			45,217
Engineered solutions			-			211			211			-			482			482
Total products			33,785			3,838			37,623			76,593			6,525			83,118
Leasing			3,286			-			3,286			8,908			-			8,908
Services			-			28,417			28,417			-			55,571			55,571
Total revenues		$	37,071		$	32,255		$	69,326		$	85,501		$	62,096		$	147,597