Risk Factors and Forward-Looking Statements

? the loss of any one or more of our largest customers, or a reduction

? the sufficiency of cash balances, lines of credit and net cash from

? changes in the rate of, and timing of, capital expenditures by our

? the availability of and retention of key personnel or our ability to

hire personnel at anticipated costs;

? general economic conditions both domestically and globally, and

? other risk factors included in Part I, Item 1A - "Risk Factors" in

This MD&A should be read in conjunction with the accompanying consolidated financial statements. In addition, please refer to the discussion of our business and markets contained in Part 1, Item 1 of our 2021 Form 10-K.

The following table sets forth, for the periods indicated, a breakdown of the orders received by operating segment and market (in thousands).

The following table sets forth, for the periods indicated, a breakdown of revenue by operating segment and market (in thousands).

War in Ukraine and Global Supply Chain Constraints

Three Months Ended June 30, 2022 Compared to Three Months Ended June 30, 2021

Six Months Ended June 30, 2022 Compared to Six Months Ended June 30, 2021

Restructuring and Other Charges. For the six months ended June 30, 2021, we recorded $252,000 in restructuring and other charges related to the consolidation of the manufacturing operations in our Electronic Test segment and the retirement of our former Chief Financial Officer. There were no similar charges in the six months ended June 30, 2022.

New or Recently Adopted Accounting Standards

See the Notes to our consolidated financial statements in this Report for information concerning the implementation and impact of new or recently adopted accounting standards.

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