| Segment Operating Results and Reconciliations to the Consolidated Balances |
The accounting policies of the operating segments are the same as those described in Note 2, “Basis of
Presentation and Summary of Significant Accounting Policies - Segment Information”. Segment operating results and reconciliations to the Company’s consolidated balances are as follows (in thousands):
|
Year ended December 31, 2025
|
|
|
|
Autonomy
Solutions
|
|
|
ATS
|
|
|
Total
|
|
|
Revenue:
|
|
|
|
|
|
|
|
|
|
|
Products
|
|
$
|
30,374
|
|
|
$
|
15,661
|
|
|
$
|
46,035
|
|
|
Services
|
|
|
10,510
|
|
|
|
9,469
|
|
|
|
19,979
|
|
|
Intersegment revenue
|
|
|
—
|
|
|
|
10,236
|
|
|
|
10,236
|
|
| |
|
|
40,884
|
|
|
|
35,366
|
|
|
|
76,250
|
|
|
Reconciliation of revenue
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Elimination of intersegment revenue
|
|
|
|
|
|
|
|
|
|
|
(10,236
|
)
|
|
Total revenue
|
|
|
|
|
|
|
|
|
|
|
66,014
|
|
|
Less:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization
|
|
|
14,063
|
|
|
|
2,906
|
|
|
|
|
|
|
Impairment of goodwill and intangible assets
|
|
|
—
|
|
|
|
3,719
|
|
|
|
|
|
|
Impairment of long-lived assets
|
|
|
6,390
|
|
|
|
1,123
|
|
|
|
|
|
|
Other segment items (a)
|
|
|
302,018
|
|
|
|
42,832
|
|
|
|
|
|
|
Operating loss
|
|
$
|
(281,587
|
)
|
|
$
|
(15,214
|
)
|
|
$
|
(296,801
|
)
|
|
Reconciliation of profit or loss
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other income (expense), net
|
|
|
|
|
|
|
|
|
|
|
(22,814
|
)
|
|
Loss before reorganization items and provision for income taxes
|
|
|
|
|
|
|
|
|
|
$
|
(319,615
|
)
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Other significant items:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total assets
|
|
$
|
102,012
|
|
|
$
|
29,331
|
|
|
$
|
131,343
|
|
|
Inventory
|
|
$
|
3,497
|
|
|
$
|
3,159
|
|
|
$
|
6,656
|
|
(a) For each reportable segment, the other segment items category includes:
|
• |
Autonomy Solutions - Professional and contracting service expenses, travel expenses, insurance and maintenance expenses, utility expenses, restructuring costs and certain overhead expenses.
|
|
• |
ATS - Professional and contracting service expenses, courier & postage expenses, insurance expenses, facility maintenance & utility expenses, restructuring costs and certain overhead
expenses.
|
|
Year ended December 31, 2024
|
|
| |
|
Autonomy
Solutions
|
|
|
ATS
|
|
|
Total
|
|
|
Revenue:
|
|
|
|
|
|
|
|
|
|
|
Products
|
|
$
|
52,181
|
|
|
$
|
10,427
|
|
|
$
|
62,608
|
|
|
Services
|
|
|
1,299
|
|
|
|
11,488
|
|
|
|
12,787
|
|
|
Intersegment revenue
|
|
|
—
|
|
|
|
19,165
|
|
|
|
19,165
|
|
| |
|
|
53,480
|
|
|
|
41,080
|
|
|
|
94,560
|
|
|
Reconciliation of revenue
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Elimination of intersegment revenue
|
|
|
|
|
|
|
|
|
|
|
(19,165
|
)
|
|
Total revenue
|
|
|
|
|
|
|
|
|
|
|
75,395
|
|
|
Less:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization
|
|
|
22,269
|
|
|
|
2,986
|
|
|
|
|
|
|
Impairment of goodwill and intangible assets
|
|
|
—
|
|
|
|
6,647
|
|
|
|
|
|
|
Other segment items (a)
|
|
|
444,209
|
|
|
|
53,486
|
|
|
|
|
|
|
Operating loss
|
|
$
|
(412,998
|
)
|
|
$
|
(22,039
|
)
|
|
$
|
(435,037
|
)
|
|
Reconciliation of profit or loss
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other income (expense), net
|
|
|
|
|
|
|
|
|
|
|
161,154
|
|
|
Loss before provision for income taxes
|
|
|
|
|
|
|
|
|
|
$
|
(273,883
|
)
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Other significant items:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total assets
|
|
$
|
323,788
|
|
|
$
|
41,425
|
|
|
$
|
365,213
|
|
|
Inventory
|
|
$
|
11,436
|
|
|
$
|
3,472
|
|
|
$
|
14,908
|
|
(a) For each reportable segment, the other segment items category includes:
|
• |
Autonomy Solutions - Professional and contracting service expenses, travel expenses, insurance and maintenance expenses, utility expenses, restructuring costs and certain overhead expenses.
|
|
• |
ATS - Professional and contracting service expenses, courier & postage expenses, insurance expenses, facility maintenance & utility expenses, restructuring costs and certain overhead
expenses.
|
|
Year ended December 31, 2023
|
|
| |
|
Autonomy
Solutions
|
|
|
ATS
|
|
|
Total
|
|
|
Revenue:
|
|
|
|
|
|
|
|
|
|
|
Products
|
|
$
|
39,489
|
|
|
$
|
5,555
|
|
|
$
|
45,044
|
|
|
Services
|
|
|
9,346
|
|
|
|
15,389
|
|
|
|
24,735
|
|
|
Intersegment revenue
|
|
|
—
|
|
|
|
17,528
|
|
|
|
17,528
|
|
| |
|
|
48,835
|
|
|
|
38,472
|
|
|
|
87,307
|
|
|
Reconciliation of revenue
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Elimination of intersegment revenue
|
|
|
|
|
|
|
|
|
|
|
(17,528
|
)
|
|
Total revenue
|
|
|
|
|
|
|
|
|
|
|
69,779
|
|
|
Less:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization
|
|
|
23,935
|
|
|
|
2,689
|
|
|
|
|
|
|
Impairment of goodwill and intangible assets
|
|
|
—
|
|
|
|
15,489
|
|
|
|
|
|
|
Other segment items (a)
|
|
|
538,568
|
|
|
|
69,934
|
|
|
|
|
|
|
Operating loss
|
|
$
|
(513,668
|
)
|
|
$
|
(49,640
|
)
|
|
$
|
(563,308
|
)
|
|
Reconciliation of profit or loss
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other income (expense), net
|
|
|
|
|
|
|
|
|
|
|
(6,265
|
)
|
|
Loss before provision for income taxes
|
|
|
|
|
|
|
|
|
|
$
|
(569,573
|
)
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Other significant items:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total assets
|
|
$
|
474,427
|
|
|
$
|
37,940
|
|
|
$
|
512,367
|
|
|
Inventory
|
|
$
|
11,125
|
|
|
$
|
1,071
|
|
|
$
|
12,196
|
|
(a) For each reportable segment, the other segment items category includes:
|
• |
Autonomy Solutions - Professional and contracting service expenses, travel expenses, insurance and maintenance expenses, utility expenses, restructuring costs and certain overhead expenses.
|
|
• |
ATS - Professional and contracting service expenses, courier & postage expenses, insurance expenses, facility maintenance & utility expenses, restructuring costs and certain overhead
expenses.
|
|