| Schedule of Operating Results by Segment |
| |
|
Unallocated Corporate
|
|
|
Airport
Security
|
|
|
Other
Aviation Related
Services
|
|
|
Authentication
Technology
|
|
|
Total
|
|
|
Year ended December 31, 2025:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue
|
|
$
|
-
|
|
|
$
|
421,818
|
|
|
$
|
81,106
|
|
|
$
|
31,452
|
|
|
$
|
534,376
|
|
|
Labor costs (1)
|
|
|
1,261
|
|
|
|
393,624
|
|
|
|
68,082
|
|
|
|
25,208
|
|
|
|
488,175
|
|
|
Depreciation and amortization
|
|
|
53
|
|
|
|
839
|
|
|
|
326
|
|
|
|
883
|
|
|
|
2,101
|
|
|
Other costs and expenses
|
|
|
2,536
|
|
|
|
31,303
|
|
|
|
11,146
|
|
|
|
17,596
|
|
|
|
62,581
|
|
|
Net income (loss)
|
|
|
(3,850
|
)
|
|
|
(3,948
|
)
|
|
|
1,552
|
|
|
|
(12,235
|
)
|
|
|
(18,481
|
)
|
|
Goodwill
|
|
|
-
|
|
|
|
713
|
|
|
|
-
|
|
|
|
-
|
|
|
|
713
|
|
|
Total assets
|
|
|
9,682
|
|
|
|
81,138
|
|
|
|
19,723
|
|
|
|
55,004
|
|
|
|
165,547
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended December 31, 2024:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue
|
|
$
|
-
|
|
|
$
|
362,799
|
|
|
$
|
74,526
|
|
|
$
|
45,985
|
|
|
$
|
483,310
|
|
|
Labor costs (1)
|
|
|
1,324
|
|
|
|
338,326
|
|
|
|
63,105
|
|
|
|
27,000
|
|
|
|
429,755
|
|
|
Depreciation and amortization
|
|
|
68
|
|
|
|
678
|
|
|
|
354
|
|
|
|
1,271
|
|
|
|
2,371
|
|
|
Other costs and expenses
|
|
|
2,472
|
|
|
|
25,612
|
|
|
|
10,513
|
|
|
|
16,488
|
|
|
|
55,085
|
|
|
Net income (loss)
|
|
|
(3,864
|
)
|
|
|
(1,817
|
)
|
|
|
554
|
|
|
|
1,226
|
|
|
|
(3,901
|
)
|
|
Goodwill
|
|
|
-
|
|
|
|
633
|
|
|
|
-
|
|
|
|
-
|
|
|
|
633
|
|
|
Total assets
|
|
|
19,791
|
|
|
|
80,422
|
|
|
|
18,832
|
|
|
|
66,737
|
|
|
|
185,782
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended December 31, 2023:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue
|
|
$
|
-
|
|
|
$
|
309,335
|
|
|
|
66,463
|
|
|
$
|
55,744
|
|
|
$
|
431,542
|
|
|
Labor costs (1)
|
|
|
1,091
|
|
|
|
284,083
|
|
|
|
56,346
|
|
|
|
29,507
|
|
|
|
371,027
|
|
|
Depreciation and amortization
|
|
|
5
|
|
|
|
904
|
|
|
|
307
|
|
|
|
1,463
|
|
|
|
2,679
|
|
|
Other costs and expenses
|
|
|
2,215
|
|
|
|
21,771
|
|
|
|
9,796
|
|
|
|
13,483
|
|
|
|
47,265
|
|
|
Net income (loss)
|
|
|
(3,311
|
)
|
|
|
2,577
|
|
|
|
14
|
|
|
|
11,291
|
|
|
|
10,571
|
|
|
Goodwill
|
|
|
-
|
|
|
|
668
|
|
|
|
-
|
|
|
|
-
|
|
|
|
668
|
|
|
Total assets
|
|
|
17,740
|
|
|
|
81,733
|
|
|
|
19,325
|
|
|
|
78,298
|
|
|
|
197,096
|
|
|
| Schedule of Revenues by Geographic Area |
| |
|
Year Ended December 31,
|
|
| |
|
2025
|
|
|
2024
|
|
|
2023
|
|
|
Germany
|
|
$
|
158,224
|
|
|
$
|
128,278
|
|
|
$
|
114,176
|
|
|
Spain
|
|
|
130,258
|
|
|
|
113,177
|
|
|
|
82,217
|
|
|
The Netherlands
|
|
|
111,804
|
|
|
|
106,027
|
|
|
|
101,512
|
|
|
United States
|
|
|
93,008
|
|
|
|
97,000
|
|
|
|
99,765
|
|
|
Other countries
|
|
|
41,082
|
|
|
|
38,828
|
|
|
|
33,872
|
|
|
Total revenue
|
|
$
|
534,376
|
|
|
$
|
483,310
|
|
|
$
|
431,542
|
|
|