2023 Q4 Form 20-F Financial Statement

#000117891324000845 Filed on March 06, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023 2022 Q4
Revenue $31.84M $113.8M $22.85M
YoY Change 39.34% 34.58% 11.96%
Cost Of Revenue $24.87M $91.33M $17.43M
YoY Change 42.65% 33.07% -6.48%
Gross Profit $6.969M $22.47M $5.416M
YoY Change 28.67% 41.06% 206.33%
Gross Profit Margin 21.89% 19.74% 23.7%
Selling, General & Admin $4.822M $16.11M $4.094M
YoY Change 17.78% 3.28% 15.85%
% of Gross Profit 69.19% 71.71% 75.59%
Research & Development $265.0K $715.0K $130.0K
YoY Change 103.85% 49.27% -12.75%
% of Gross Profit 3.8% 3.18% 2.4%
Depreciation & Amortization $1.670M $4.710M $876.0K
YoY Change 90.64% 27.09% -32.82%
% of Gross Profit 23.96% 20.96% 16.17%
Operating Expenses $5.132M $16.39M $4.224M
YoY Change 21.5% -7.4% 31.38%
Operating Profit $1.837M $6.075M $1.192M
YoY Change 54.11% -442.25% -182.38%
Interest Expense -$549.0K $1.683M -$520.0K
YoY Change 5.58% 1225.2% 22.93%
% of Operating Profit -29.89% 27.7% -43.62%
Other Income/Expense, Net $353.0K
YoY Change -139.14%
Pretax Income $1.288M $4.672M $630.0K
YoY Change 104.44% -399.1% -157.96%
Income Tax $1.055M $576.0K $205.0K
% Of Pretax Income 81.91% 12.33% 32.54%
Net Earnings $389.0K $4.672M $485.0K
YoY Change -19.79% -399.1% -169.29%
Net Earnings / Revenue 1.22% 4.11% 2.12%
Basic Earnings Per Share $0.52
Diluted Earnings Per Share $0.04 $0.51 $0.05
COMMON SHARES
Basic Shares Outstanding 10.10M shares 8.962M shares 8.912M shares
Diluted Shares Outstanding 9.084M shares

Balance Sheet

Concept 2023 Q4 2023 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $15.98M $15.98M $7.722M
YoY Change 106.93% 106.93% -40.01%
Cash & Equivalents $15.98M $15.98M $7.722M
Short-Term Investments
Other Short-Term Assets $7.058M $7.058M $6.047M
YoY Change 16.72% 16.72% 43.33%
Inventory $51.28M $51.28M $45.76M
Prepaid Expenses
Receivables $20.01M $20.01M $15.62M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $94.33M $94.33M $75.15M
YoY Change 25.52% 25.52% 4.4%
LONG-TERM ASSETS
Property, Plant & Equipment $42.55M $45.30M $43.42M
YoY Change -2.0% -1.31% 29.33%
Goodwill
YoY Change
Intangibles $1.823M $1.623M
YoY Change 12.32% -11.26%
Long-Term Investments $2.168M $2.168M $1.665M
YoY Change 30.21% 30.21% 139.57%
Other Assets $1.960M $1.960M $2.313M
YoY Change -15.26% -15.26% -15.95%
Total Long-Term Assets $51.25M $51.25M $51.50M
YoY Change -0.49% -0.49% 32.56%
TOTAL ASSETS
Total Short-Term Assets $94.33M $94.33M $75.15M
Total Long-Term Assets $51.25M $51.25M $51.50M
Total Assets $145.6M $145.6M $126.7M
YoY Change 14.94% 14.94% 14.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.988M $9.988M $10.23M
YoY Change -2.39% -2.39% 12.54%
Accrued Expenses $1.072M $14.99M $971.0K
YoY Change 10.4% 41.5% -88.05%
Deferred Revenue $5.239M $2.778M
YoY Change 88.59% 142.2%
Short-Term Debt $12.14M $12.14M $6.101M
YoY Change 98.95% 98.95% 1.55%
Long-Term Debt Due $2.200M $2.200M $1.876M
YoY Change 17.27% 17.27% 171.49%
Total Short-Term Liabilities $39.31M $39.31M $28.99M
YoY Change 35.6% 35.6% 17.96%
LONG-TERM LIABILITIES
Long-Term Debt $12.89M $12.89M $19.41M
YoY Change -33.6% -33.6% 224.6%
Other Long-Term Liabilities $2.697M $2.697M $2.683M
YoY Change 0.52% 0.52% -23.19%
Total Long-Term Liabilities $15.58M $15.58M $22.09M
YoY Change -29.46% -29.46% 133.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $39.31M $39.31M $28.99M
Total Long-Term Liabilities $15.58M $15.58M $22.09M
Total Liabilities $54.89M $54.89M $51.08M
YoY Change 7.46% 7.46% 50.02%
SHAREHOLDERS EQUITY
Retained Earnings $13.27M $8.597M
YoY Change 54.34% -15.38%
Common Stock $3.140M $2.842M
YoY Change 10.49% 1.17%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.088M $2.088M
YoY Change 0.0% 0.0%
Treasury Stock Shares 274.5K shares
Shareholders Equity $90.68M $90.68M $75.57M
YoY Change
Total Liabilities & Shareholders Equity $145.6M $145.6M $126.7M
YoY Change 14.94% 14.94% 14.27%

Cashflow Statement

Concept 2023 Q4 2023 2022 Q4
OPERATING ACTIVITIES
Net Income $389.0K $4.672M $485.0K
YoY Change -19.79% -399.1% -169.29%
Depreciation, Depletion And Amortization $1.670M $4.710M $876.0K
YoY Change 90.64% 27.09% -32.82%
Cash From Operating Activities $1.765M $2.255M $4.623M
YoY Change -61.82% -146.33% 360.0%
INVESTING ACTIVITIES
Capital Expenditures $2.561M $5.102M $4.795M
YoY Change -46.59% -68.53% -261.34%
Acquisitions
YoY Change
Other Investing Activities $32.00K $2.002M $0.00
YoY Change 2052.69% -100.0%
Cash From Investing Activities -$2.529M -$3.579M -$4.795M
YoY Change -47.26% -77.8% 165.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $10.06M
YoY Change
Debt Paid & Issued, Net $1.701M
YoY Change 58.82%
Cash From Financing Activities 10.13M $10.24M 564.0K
YoY Change 1696.1% -35.18%
NET CHANGE
Cash From Operating Activities 1.765M 2.255M 4.623M
Cash From Investing Activities -2.529M -$3.579M -4.795M
Cash From Financing Activities 10.13M $10.24M 564.0K
Net Change In Cash 9.366M $8.916M 392.0K
YoY Change 2289.29% -271.83% -148.76%
FREE CASH FLOW
Cash From Operating Activities $1.765M $2.255M $4.623M
Capital Expenditures $2.561M $5.102M $4.795M
Free Cash Flow -$796.0K -$2.847M -$172.0K
YoY Change 362.79% -86.49% -104.32%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023 dei Amendment Flag
AmendmentFlag
false
CY2023 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2029-12-31
CY2023 dei Entity Registrant Name
EntityRegistrantName
TAT TECHNOLOGIES LTD
CY2023 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
L3
CY2023 dei Entity Address Address Line1
EntityAddressAddressLine1
Hamelacha 5
CY2023 dei Entity Address City Or Town
EntityAddressCityOrTown
Netanya
CY2023 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
4250540
CY2023 dei Security12b Title
Security12bTitle
Ordinary Shares, NIS 0.90 Par Value
CY2023 dei Trading Symbol
TradingSymbol
TATT
CY2023 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2023 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2023 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
false
CY2023 dei Document Accounting Standard
DocumentAccountingStandard
U.S. GAAP
CY2023 dei Entity Shell Company
EntityShellCompany
false
CY2023 dei Auditor Firm
AuditorFirmId
1309
CY2023 dei Auditor Location
AuditorLocation
Tel-Aviv, Israel
CY2023 dei Auditor Name
AuditorName
Kesselman & Kesselman
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
15979000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7722000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
345000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
20009000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
15622000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
6047000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
45759000 usd
CY2023Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
302000 usd
CY2022Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
304000 usd
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
2168000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
1665000 usd
CY2023Q4 tatt Severance Pay Fund
SeverancePayFund
664000 usd
CY2022Q4 tatt Severance Pay Fund
SeverancePayFund
780000 usd
CY2023Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
994000 usd
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
1229000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
42554000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
43423000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2746000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2477000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1823000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1623000 usd
CY2023Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
51251000 usd
CY2023Q4 us-gaap Assets
Assets
145577000 usd
CY2022Q4 us-gaap Assets
Assets
126651000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
2200000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1876000 usd
CY2023Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
12138000 usd
CY2022Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
6101000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
9988000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
10233000 usd
CY2023Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
13952000 usd
CY2022Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
9876000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1033000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
904000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
39311000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
28990000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
12886000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
19408000 usd
CY2023Q4 tatt Severance Pay Liability
SeverancePayLiability
1000000 usd
CY2022Q4 tatt Severance Pay Liability
SeverancePayLiability
1148000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1697000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1535000 usd
CY2023Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
15583000 usd
CY2022Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
22091000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
54894000 usd
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
13000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
13000000 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
10377085 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
9186019 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
10102612 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
8911546 shares
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
76335000 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
66245000 usd
CY2023Q4 us-gaap Treasury Stock Value
TreasuryStockValue
2088000 usd
CY2022Q4 us-gaap Treasury Stock Value
TreasuryStockValue
2088000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
27000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-26000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
13269000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
8597000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
90683000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
75570000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
145577000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
126651000 usd
CY2023 us-gaap Revenues
Revenues
113794000 usd
CY2022 us-gaap Revenues
Revenues
84556000 usd
CY2021 us-gaap Revenues
Revenues
77973000 usd
CY2023 us-gaap Cost Of Revenue
CostOfRevenue
91326000 usd
CY2022 us-gaap Cost Of Revenue
CostOfRevenue
68628000 usd
CY2021 us-gaap Cost Of Revenue
CostOfRevenue
66703000 usd
CY2023 us-gaap Gross Profit
GrossProfit
22468000 usd
CY2022 us-gaap Gross Profit
GrossProfit
15928000 usd
CY2021 us-gaap Gross Profit
GrossProfit
11270000 usd
CY2023 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
715000 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
479000 usd
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
517000 usd
CY2023 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
5523000 usd
CY2022 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
5629000 usd
CY2021 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
5147000 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9970000 usd
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8354000 usd
CY2023 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
433000 usd
CY2022 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
90000 usd
CY2023 us-gaap Restructuring Charges
RestructuringCharges
0 usd
CY2022 us-gaap Restructuring Charges
RestructuringCharges
1715000 usd
CY2023 us-gaap Operating Expenses
OperatingExpenses
16393000 usd
CY2022 us-gaap Operating Expenses
OperatingExpenses
17703000 usd
CY2021 us-gaap Operating Expenses
OperatingExpenses
15305000 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
6075000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-1775000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
-4035000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
4745000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-1648000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-4575000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
576000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
98000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-662000 usd
CY2023 tatt Income Loss From Continuing Operations Before Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments
4169000 usd
CY2022 tatt Income Loss From Continuing Operations Before Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments
-1746000 usd
CY2021 tatt Income Loss From Continuing Operations Before Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments
-3913000 usd
CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
503000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
184000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-76000 usd
CY2023 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
4672000 usd
CY2022 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-1562000 usd
CY2021 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-3989000 usd
CY2023 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 usd
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
427000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
4672000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-1562000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-3562000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
4672000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-1562000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-3562000 usd
CY2023 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
53000 usd
CY2022 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-89000 usd
CY2021 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-76000 usd
CY2023 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
0 usd
CY2022 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-30000 usd
CY2021 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
19000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
53000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-59000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-95000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
4725000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-1621000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-3657000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
80281000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-3657000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
160000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
76784000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-1621000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
218000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
75570000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
4725000 usd
CY2023 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
165000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
159000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
90683000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4672000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1562000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3989000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3706000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4881000 usd
CY2023 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
9000 usd
CY2022 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-8000 usd
CY2021 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
19000 usd
CY2023 tatt Lease Modification
LeaseModification
0 usd
CY2022 tatt Lease Modification
LeaseModification
0 usd
CY2021 tatt Lease Modification
LeaseModification
1315000 usd
CY2023 us-gaap Restructuring Costs
RestructuringCosts
-126000 usd
CY2022 us-gaap Restructuring Costs
RestructuringCosts
-467000 usd
CY2021 us-gaap Restructuring Costs
RestructuringCosts
657000 usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-182000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
138000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
248000 usd
CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
503000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
184000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-76000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
159000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
218000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
160000 usd
CY2023 tatt Accrued Severance Pay
AccruedSeverancePay
148000 usd
CY2022 tatt Accrued Severance Pay
AccruedSeverancePay
356000 usd
CY2021 tatt Accrued Severance Pay
AccruedSeverancePay
-94000 usd
CY2023 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
CY2022 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
CY2021 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
1820000 usd
CY2023 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
530000 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
90000 usd
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
468000 usd
CY2023 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
235000 usd
CY2022 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
23000 usd
CY2021 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-686000 usd
CY2023 tatt Government Loan Forgiveness
GovernmentLoanForgiveness
0 usd
CY2022 tatt Government Loan Forgiveness
GovernmentLoanForgiveness
0 usd
CY2021 tatt Government Loan Forgiveness
GovernmentLoanForgiveness
1442000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4205000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2934000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
341000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1836000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1035000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
5069000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
681000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-245000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1143000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2571000 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
4202000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2727000 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-218000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
2255000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-4867000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-2269000 usd
CY2023 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2002000 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
93000 usd
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1163000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5102000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
16213000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
16247000 usd
CY2023 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
479000 usd
CY2022 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 usd
CY2021 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
555000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-16120000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-15639000 usd
CY2023 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1701000 usd
CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1071000 usd
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 usd
CY2023 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
1000000 usd
CY2022 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
0 usd
CY2021 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
3000000 usd
CY2023 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
712000 usd
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
16680000 usd
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
3042000 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
165000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
189000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
10240000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
15798000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6042000 usd
CY2023 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
0 usd
CY2022 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
0 usd
CY2021 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
777000 usd
CY2023 us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
0 usd
CY2022 us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
0 usd
CY2021 us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
777000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-5189000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-11089000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
8026000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
13215000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
24304000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
16942000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
8026000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
13215000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
196000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
199000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1345000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
318000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
399000 usd
CY2023 tatt Noncash Or Part Noncash Capital Contribution To Equity Method Investee
NoncashOrPartNoncashCapitalContributionToEquityMethodInvestee
0 usd
CY2022 tatt Noncash Or Part Noncash Capital Contribution To Equity Method Investee
NoncashOrPartNoncashCapitalContributionToEquityMethodInvestee
787000 usd
CY2021 tatt Noncash Or Part Noncash Capital Contribution To Equity Method Investee
NoncashOrPartNoncashCapitalContributionToEquityMethodInvestee
0 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
1438000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
796000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
251000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-0 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3000 usd
CY2023 us-gaap Nature Of Operations
NatureOfOperations
<div> <div> <div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:56.7pt;vertical-align:top;font-weight:bold"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">NOTE 1 -</span></span></td> <td style="width:auto;vertical-align:top;text-align:justify"> <div style="font-weight:bold"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">GENERAL</span></span></div> </td> </tr> </table> <div style="line-height:1.25"> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:56.7pt"> </td> <td style="width:18pt;vertical-align:top;font-weight:bold"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">a.</span></span></td> <td style="width:auto;vertical-align:top;text-align:justify"> <div><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">TAT Technologies Ltd., (“TAT” or the “Company”) an Israeli corporation, incorporated in 1985, is a leading provider of solutions and services to the aerospace and defense industries, focused mainly on the following four segments: (i) original equipment manufacturing (“OEM”) of heat transfer solutions and aviation accessories mainly through our Kiryat Gat facility and our Limco subsidiary; (ii) MRO (“Maintenance Repair and Overhaul”) services for heat transfer components and OEM of heat transfer solutions through Limco Airepair Inc our wholly-owned subsidiary; (iii) MRO services for aviation components (mainly Auxiliary Power Unit “APU” and Landing Gear “LG”) through Piedmont Aviation Component Services LLC our wholly-owned subsidiary; and (iv) overhaul and coating of jet engine components through Turbochrome our wholly-owned subsidiary. TAT targets the commercial aerospace (serving a wide range of types and sizes of commercial and business jets), military aerospace and ground defense sectors. TAT’s shares are listed on both the NASDAQ (TATT) and Tel-Aviv Stock Exchange.</span></span></div> <div><br/><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">In June 2020, the Company<span style="font-weight:bold">'</span>s management decided to discontinue the JT8D engine blades reconditioning activity which belong to “overhaul and coating of jet engine components” segment as part of a strategic change, see Note 18.</span></span></div> <div> </div> </td> </tr> </table> <div style="text-align:justify;margin-left:74.7pt;line-height:1.25"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">In March 2021, the Company announced a restructuring plan which includes the transfer of the Company's activity of “OEM of heat transfer solutions and aviation accessories” in Gedera to our activity of “MRO services for heat transfer components and OEM of heat transfer solutions” in Tulsa, Oklahoma and to our “overhaul and coating of jet engine components” activity in Kiryat Gat, see Note 9.</span></span></div> <div style="text-align:justify;margin-left:74.7pt;line-height:1.25"> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:56.7pt"> </td> <td style="width:18pt;vertical-align:top;font-weight:bold"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">b.</span></span></td> <td style="width:auto;vertical-align:top;text-align:justify"> <div><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">During the years 2020 to 2022 the COVID-19 pandemic had an adverse effect on our industry and the markets in which we operate. The COVID-19 outbreak has significantly impacted the aviation market in which TAT’s customers operate and has resulted in a reduction of TAT’s business with some of these customers. Global supply shortages emerged for certain products, leading to delays in delivery schedule.</span></span></div> </td> </tr> </table> <div style="line-height:1.25"> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:56.7pt"> </td> <td style="width:18pt;vertical-align:top;font-weight:bold"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">c.</span></span></td> <td style="width:auto;vertical-align:top;text-align:justify"> <div><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">During 2023, global conflicts continue to create volatility in global financial and energy markets and contribute to supply chain shortages adding to the inflationary pressures in the global economy. This capabilities lead to higher material and labor costs . The company actively collaborate with its suppliers to minimize impacts of supply shortages on manufacturing.</span></span></div> </td> </tr> </table> <div style="text-align:justify;margin-left:74.7pt;line-height:1.25"> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:56.7pt"> </td> <td style="width:18pt;vertical-align:top;font-weight:bold"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">d.</span></span></td> <td style="width:auto;vertical-align:top;text-align:justify"> <div><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">In October 2023, Hamas terrorists infiltrated Israel’s southern border from the Gaza Strip and conducted a series of attacks on civilian and military targets. Hamas also launched extensive rocket attacks on the Israeli population and industrial centers located along Israel’s border with the Gaza Strip and in other areas within the State of Israel. These attacks resulted in thousands of deaths and injuries, and Hamas additionally kidnapped many Israeli civilians and soldiers. Following the attack, Israel’s security cabinet declared war against Hamas and commenced a military campaign against Hamas and other terrorist organizations in parallel to their continued rocket and terror attacks. Since the commencement of hostilities, Tat technologies has experienced a considerable increased demand for our merchandise from the Israel Ministry Of Defense (IMOD) compared to the routine levels of demands, and we have increased our support to the IMOD, mainly through deliveries of our systems and dedicated efforts of our employees. Subject to further developments, this demand may continue and possibly generate material orders to the Company. At the same time, the Company continues to support its international customers. The extent of the effects of the war on the Company's performance will depend on future developments that are difficult to predict at this time, including the duration and scope of the war. We continue to monitor the situation closely Following the attack by Hamas on Israel’s southern border, Hezbollah in Lebanon has also launched missile, rocket, and shooting attacks against Israeli military sites, troops, and Israeli towns in northern Israel. In response to these attacks, the Israeli army has carried out a number of targeted strikes on sites belonging to Hezbollah in southern Lebanon.</span></span></div> </td> </tr> </table> <div style="text-align:justify;margin-left:74.7pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:74.7pt;line-height:1.25"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">The intensity and duration of Israel’s current war against Hamas is difficult to predict, as are such war’s economic implications on our business and operations and on Israel's economy in general.</span></span></div> <div style="text-align:justify;line-height:1.25"> <div style="line-height:1.25"> </div> <div></div> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:56.7pt"> </td> <td style="width:18pt;vertical-align:top;font-weight:bold"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">e.</span></span></td> <td style="width:auto;vertical-align:top;text-align:justify"> <div><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">TAT has the following wholly owned subsidiaries: Limco-Piedmont Inc. (“Limco-Piedmont”), and Turbochrome Ltd. (“Turbochrome”). Additionally, the Company holds 51% of TAT-Engineering LLC (“TAT-Engineering”) as a joint venture, hereinafter collectively referred to as the “Group”.</span></span></div> </td> </tr> </table> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:74.7pt;line-height:1.25"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">On November 25, 2015, the Company signed an agreement with Russian-based Engineering Holding of Moscow (“Engineering”), to establish a new facility for the provision of services for heat transfer products. The Company, TAT-Engineering LLC, is based in Novosibirsk’s Tolmachevo airport. TAT-Engineering, LLC shall provide services for heat transfer products. 51% of TAT-Engineering LLC's shares are held by TAT and the remaining 49% are held by Engineering. The accounting treatment of the joint venture is based on the equity method due to variable participating rights granted to Engineering. The new entity was established in January 2016.</span></span></div> </div> </div> </div> </div>
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:58.5pt"> </td> <td style="width:27pt;vertical-align:top;font-weight:bold"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">b.</span></span></td> <td style="width:auto;vertical-align:top;text-align:justify"> <div style="font-weight:bold"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">Use of estimates in the preparation of financial statement</span></span></div> </td> </tr> </table> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:85.05pt;line-height:1.25"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclose the nature of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting years. Actual results could differ from those estimates.</span></span></div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:85.05pt;line-height:1.25"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">As applicable to these financial statements, the most significant estimates and assumptions relate to: recoverability of inventory, provision for current expected credit loss, and income taxes.</span></span></div> </div>
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2746000 usd
CY2023Q4 tatt Derivative Notional Amount Of Open Call Options
DerivativeNotionalAmountOfOpenCallOptions
0 usd
CY2023Q4 tatt Derivative Notional Amount Of Open Put Options
DerivativeNotionalAmountOfOpenPutOptions
7774000 usd
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
36934000 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
30410000 usd
CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
13493000 usd
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
14525000 usd
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
853000 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
824000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
51280000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
45759000 usd
CY2022 tatt Amount Of Rotables
AmountOfRotables
8193000 usd
CY2023 us-gaap Inventory Write Down
InventoryWriteDown
187000 usd
CY2022 us-gaap Inventory Write Down
InventoryWriteDown
1284000 usd
CY2021 us-gaap Inventory Write Down
InventoryWriteDown
624000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
97922000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
59432000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
54499000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
42554000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
43423000 usd
CY2023 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
1800000 usd
CY2023 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
3300000 usd
CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
1173000 usd
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
1316000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
1640000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
1316000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1345000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
318000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
904000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1535000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2730000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2439000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1056000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
810000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
385000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
281000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
472000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
3004000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
274000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2730000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
279000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
279000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
279000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
279000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
279000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
279000 usd
CY2023Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
0 usd
CY2022Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
190000 usd
CY2023Q4 tatt Investment In Building And Infrastructures
InvestmentInBuildingAndInfrastructures
0 usd
CY2022Q4 tatt Investment In Building And Infrastructures
InvestmentInBuildingAndInfrastructures
4571000 usd
CY2023Q4 tatt Investment Amount In Machineries
InvestmentAmountInMachineries
0 usd
CY2022Q4 tatt Investment Amount In Machineries
InvestmentAmountInMachineries
7799000 usd
CY2023Q4 tatt Restructuring Items
RestructuringItems
0 usd
CY2022Q4 tatt Restructuring Items
RestructuringItems
12560000 usd
CY2023 us-gaap Severance Costs1
SeveranceCosts1
0 usd
CY2022 us-gaap Severance Costs1
SeveranceCosts1
975000 usd
CY2023 tatt Restructuring Income From Lease Modification
RestructuringIncomeFromLeaseModification
0 usd
CY2023 tatt Restructuring Expenses From Assets Impairment
RestructuringExpensesFromAssetsImpairment
0 usd
CY2022 tatt Restructuring Expenses From Assets Impairment
RestructuringExpensesFromAssetsImpairment
0 usd
CY2023 us-gaap Other Restructuring Costs
OtherRestructuringCosts
0 usd
CY2022 us-gaap Other Restructuring Costs
OtherRestructuringCosts
740000 usd
CY2023 us-gaap Restructuring Charges
RestructuringCharges
0 usd
CY2023 tatt Acceleration Of Assets Depreciation Expenses
AccelerationOfAssetsDepreciationExpenses
0 usd
CY2022 tatt Acceleration Of Assets Depreciation Expenses
AccelerationOfAssetsDepreciationExpenses
0 usd
CY2023 tatt Restructuring Charges One
RestructuringChargesOne
0 usd
CY2022 tatt Restructuring Charges One
RestructuringChargesOne
1715000 usd
CY2023 tatt Net Cash Used In Operating Activity For Restructuring Expenses
NetCashUsedInOperatingActivityForRestructuringExpenses
0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
2200000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
2146000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
2277000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
6299000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
15086000 usd
CY2023 tatt Deduction From Payroll And Overhead Cost Of Revenues And Operating Expenses
DeductionFromPayrollAndOverheadCostOfRevenuesAndOperatingExpenses
1200000 usd
CY2023Q4 us-gaap Grants Receivable
GrantsReceivable
2000000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
5179000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
3951000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1072000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
971000 usd
CY2023Q4 tatt Due To Government Authorities Current
DueToGovernmentAuthoritiesCurrent
116000 usd
CY2022Q4 tatt Due To Government Authorities Current
DueToGovernmentAuthoritiesCurrent
200000 usd
CY2023Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
325000 usd
CY2022Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
243000 usd
CY2023Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
1736000 usd
CY2022Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
1448000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
222000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
95000 usd
CY2023Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
13952000 usd
CY2022Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
9876000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
170000 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
6.56
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Employer Contributions Next Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear
590000 usd
CY2023 us-gaap Payments For Postemployment Benefits
PaymentsForPostemploymentBenefits
116000 usd
CY2022 us-gaap Payments For Postemployment Benefits
PaymentsForPostemploymentBenefits
274000 usd
CY2021 us-gaap Payments For Postemployment Benefits
PaymentsForPostemploymentBenefits
97000 usd
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
80000 usd
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
0 usd
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
99000 usd
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
134000 usd
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
59000 usd
CY2023 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
361000 usd
CY2022 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
412000 usd
CY2021 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
423000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
675000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.17
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
720000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.8
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
621460 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.26
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
190000 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
6.52
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
178150 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
5.63
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
121460 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
8.9
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
43386 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
5.68
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
36850 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
5.25
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
625000 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.31
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
675000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.17
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
720000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.8
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
373438 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
7.91
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
412813 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
7.54
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
379375 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
7.44
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.45
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.33
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.92
CY2023 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
4672000 usd
CY2022 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-1562000 usd
CY2021 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-3562000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8961689 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8874696 shares
CY2023 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
122333 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9084022 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8874696 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.52
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.175
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.4
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
625000 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
675000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
720000 shares
CY2021 us-gaap Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
11000 usd
CY2021 tatt Disposal Group Including Discontinued Operation Research And Development Net
DisposalGroupIncludingDiscontinuedOperationResearchAndDevelopmentNet
16000 usd
CY2021 tatt Disposal Group Including Discontinued Operation Selling And Marketing
DisposalGroupIncludingDiscontinuedOperationSellingAndMarketing
29000 usd
CY2021 us-gaap Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
68000 usd
CY2021 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
113000 usd
CY2021 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
-102000 usd
CY2021 tatt Disposal Group Including Discontinued Operation Financial Expenses Income
DisposalGroupIncludingDiscontinuedOperationFinancialExpensesIncome
0 usd
CY2021 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
529000 usd
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
427000 usd
CY2020Q4 tatt Write Off Total Assets
WriteOffTotalAssets
1400000 usd
CY2023 tatt Preferred Income Tax Rate One
PreferredIncomeTaxRateOne
0.06 pure
CY2023 tatt Preferred Income Tax Rate Two
PreferredIncomeTaxRateTwo
0.12 pure
CY2023 tatt Domestic Maximum Tax Rate For Distributed Dividends From Preferred Income
DomesticMaximumTaxRateForDistributedDividendsFromPreferredIncome
0.15 pure
CY2013Q3 tatt Domestic Maximum Tax Rate For Distributed Dividends From Preferred Income
DomesticMaximumTaxRateForDistributedDividendsFromPreferredIncome
0.20 pure
CY2014 tatt Preferred Income Tax Rate One
PreferredIncomeTaxRateOne
0.09 pure
CY2014 tatt Preferred Income Tax Rate Two
PreferredIncomeTaxRateTwo
0.16 pure
CY2017Q1 tatt Uniform Tax Rate For Development Zone
UniformTaxRateForDevelopmentZone
0.075 pure
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-1648000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-4575000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.23 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.23 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.23 pure
CY2023 tatt Theoretical Tax Expense Benefit
TheoreticalTaxExpenseBenefit
1091000 usd
CY2022 tatt Theoretical Tax Expense Benefit
TheoreticalTaxExpenseBenefit
-379000 usd
CY2021 tatt Theoretical Tax Expense Benefit
TheoreticalTaxExpenseBenefit
-1052000 usd
CY2023 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-36000 usd
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-13000 usd
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
75000 usd
CY2023 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
-484000 usd
CY2022 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
-48000 usd
CY2021 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
149000 usd
CY2022 tatt Income Tax Reconciliation Change In Deferred Tax Assets From Discontinued Operation Loss
IncomeTaxReconciliationChangeInDeferredTaxAssetsFromDiscontinuedOperationLoss
0 usd
CY2023 tatt Reduced Deferred Tax Asset From Expecting Utilization Of Carryforward Losses
ReducedDeferredTaxAssetFromExpectingUtilizationOfCarryforwardLosses
183000 usd
CY2022 tatt Reduced Deferred Tax Asset From Expecting Utilization Of Carryforward Losses
ReducedDeferredTaxAssetFromExpectingUtilizationOfCarryforwardLosses
0 usd
CY2021 tatt Reduced Deferred Tax Asset From Expecting Utilization Of Carryforward Losses
ReducedDeferredTaxAssetFromExpectingUtilizationOfCarryforwardLosses
0 usd
CY2022 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
59000 usd
CY2021 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
24000 usd
CY2023 tatt Income Tax Reconciliation Temporary Differences For Which No Deferred Taxes Were Recorded
IncomeTaxReconciliationTemporaryDifferencesForWhichNoDeferredTaxesWereRecorded
0 usd
CY2022 tatt Income Tax Reconciliation Temporary Differences For Which No Deferred Taxes Were Recorded
IncomeTaxReconciliationTemporaryDifferencesForWhichNoDeferredTaxesWereRecorded
238000 usd
CY2021 tatt Income Tax Reconciliation Temporary Differences For Which No Deferred Taxes Were Recorded
IncomeTaxReconciliationTemporaryDifferencesForWhichNoDeferredTaxesWereRecorded
0 usd
CY2023 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
77000 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
71000 usd
CY2023 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-178000 usd
CY2022 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
164000 usd
CY2021 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-27000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
576000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
98000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-662000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
4639000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-1201000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-5139000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
106000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-447000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
564000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
4745000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-1648000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-4575000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
0 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
0 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
49000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
358000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
268000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-579000 usd
CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
169000 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-111000 usd
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-107000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
576000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
157000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-686000 usd
CY2022 tatt Previous Years Domestic Tax Expense Benefit
PreviousYearsDomesticTaxExpenseBenefit
0 usd
CY2021 tatt Previous Years Domestic Tax Expense Benefit
PreviousYearsDomesticTaxExpenseBenefit
0 usd
CY2023 tatt Previous Years Foreign Tax Expense Benefit
PreviousYearsForeignTaxExpenseBenefit
0 usd
CY2022 tatt Previous Years Foreign Tax Expense Benefit
PreviousYearsForeignTaxExpenseBenefit
-59000 usd
CY2021 tatt Previous Years Foreign Tax Expense Benefit
PreviousYearsForeignTaxExpenseBenefit
24000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
576000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
98000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-662000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
657000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
378000 usd
CY2023Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
1337000 usd
CY2022Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
1288000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
956000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
2475000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
2368000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
4040000 usd
CY2023Q4 us-gaap Deferred Income Taxes And Other Assets Noncurrent
DeferredIncomeTaxesAndOtherAssetsNoncurrent
417000 usd
CY2022Q4 us-gaap Deferred Income Taxes And Other Assets Noncurrent
DeferredIncomeTaxesAndOtherAssetsNoncurrent
331000 usd
CY2023Q4 tatt Deferred Income Tax Assets Gross
DeferredIncomeTaxAssetsGross
5856000 usd
CY2022Q4 tatt Deferred Income Tax Assets Gross
DeferredIncomeTaxAssetsGross
8656000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
5202000 usd
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
2642000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
1348000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
1884000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
300000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
341000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
0 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
1648000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
2225000 usd
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
994000 usd
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
1229000 usd
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
5484000 usd
CY2021 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
0 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
5484000 usd
CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-282000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
5202000 usd
CY2023 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-1988000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3214000 usd
CY2023 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
91326000 usd
CY2023 us-gaap Gross Profit
GrossProfit
22468000 usd
CY2023 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
715000 usd
CY2023 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
5523000 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
10588000 usd
CY2023 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
433000 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
6075000 usd
CY2023 tatt Financial Income Expenses Net
FinancialIncomeExpensesNet
1330000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
4745000 usd
CY2022 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
68628000 usd
CY2022 us-gaap Gross Profit
GrossProfit
15928000 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
479000 usd
CY2022 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
5629000 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9970000 usd
CY2022 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
90000 usd
CY2022 us-gaap Restructuring Charges
RestructuringCharges
1715000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-1775000 usd
CY2022 tatt Financial Income Expenses Net
FinancialIncomeExpensesNet
-127000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-1648000 usd
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
517000 usd
CY2021 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
5147000 usd
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8354000 usd
CY2021 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
468000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
-4035000 usd
CY2021 tatt Financial Income Expenses Net
FinancialIncomeExpensesNet
-540000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-4575000 usd
CY2023Q4 us-gaap Assets
Assets
145577000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4710000 usd
CY2023 tatt Expenditure For Segment Assets
ExpenditureForSegmentAssets
4390000 usd
CY2022Q4 us-gaap Assets
Assets
126651000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3706000 usd
CY2022 tatt Expenditure For Segment Assets
ExpenditureForSegmentAssets
17875000 usd
CY2023Q4 us-gaap Noncurrent Assets
NoncurrentAssets
46571000 usd
CY2022Q4 us-gaap Noncurrent Assets
NoncurrentAssets
51501000 usd
CY2021Q4 us-gaap Noncurrent Assets
NoncurrentAssets
35405000 usd
CY2023 dei Entity Central Index Key
EntityCentralIndexKey
0000808439
CY2023 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023 dei Document Type
DocumentType
20-F
CY2023 dei Document Registration Statement
DocumentRegistrationStatement
false
CY2023 dei Document Annual Report
DocumentAnnualReport
true
CY2023 dei Document Period End Date
DocumentPeriodEndDate
2023-12-31
CY2023 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023 dei Document Transition Report
DocumentTransitionReport
false
CY2023 dei Document Shell Company Report
DocumentShellCompanyReport
false
CY2023 dei Entity File Number
EntityFileNumber
0-16050
CY2023 dei Entity Address Country
EntityAddressCountry
IL
CY2023Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
10102612 shares
CY2023 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2023 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2023 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023 dei Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
false
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
527000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
661000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
0 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
6397000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
51280000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
94326000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
75150000 usd
CY2022Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
51501000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
51081000 usd
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.9 ils
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.9 ils
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
3140000 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
2842000 usd
CY2022Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
274473 shares
CY2023Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
274473 shares
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
10588000 usd
CY2021 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
468000 usd
CY2021 us-gaap Restructuring Charges
RestructuringCharges
1755000 usd
CY2023 us-gaap Interest Expense
InterestExpense
1683000 usd
CY2022 us-gaap Interest Expense
InterestExpense
902000 usd
CY2021 us-gaap Interest Expense
InterestExpense
250000 usd
CY2023 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
353000 usd
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1029000 usd
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-290000 usd
CY2023 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.52
CY2022 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.175
CY2021 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.45
CY2023 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.51
CY2022 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.175
CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.45
CY2023 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.05
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.52
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.175
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.4
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.51
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.175
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.4
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8961689 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8911546 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8874696 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9084022 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8911546 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8874696 shares
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
189000 usd
CY2023 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
141000 usd
CY2023 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
10064000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4710000 usd
CY2023 us-gaap Increase Decrease In Postemployment Obligations
IncreaseDecreaseInPostemploymentObligations
116000 usd
CY2022 us-gaap Increase Decrease In Postemployment Obligations
IncreaseDecreaseInPostemploymentObligations
377000 usd
CY2021 us-gaap Increase Decrease In Postemployment Obligations
IncreaseDecreaseInPostemploymentObligations
76000 usd
CY2023 tatt Increase Decrease In Operating Right Of Use Asset And Operating Leasing Liability
IncreaseDecreaseInOperatingRightOfUseAssetAndOperatingLeasingLiability
-22000 usd
CY2022 tatt Increase Decrease In Operating Right Of Use Asset And Operating Leasing Liability
IncreaseDecreaseInOperatingRightOfUseAssetAndOperatingLeasingLiability
82000 usd
CY2021 tatt Increase Decrease In Operating Right Of Use Asset And Operating Leasing Liability
IncreaseDecreaseInOperatingRightOfUseAssetAndOperatingLeasingLiability
73000 usd
CY2023 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
172000 usd
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
902000 usd
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-8000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2659000 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
5400000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3579000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
10064000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
8916000 usd
CY2023 tatt Relassification Inventory To Fixed Assets
RelassificationInventoryToFixedAssets
68000 usd
CY2022 tatt Relassification Inventory To Fixed Assets
RelassificationInventoryToFixedAssets
284000 usd
CY2021 tatt Relassification Inventory To Fixed Assets
RelassificationInventoryToFixedAssets
829000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
15979000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7722000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
661000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
0 usd
CY2023Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
302000 usd
CY2022Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
304000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
16942000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
8026000 usd
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.9 ils
CY2023 tatt Amount Of Rotables
AmountOfRotables
10481000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
101986000 usd
CY2023 us-gaap Depreciation
Depreciation
4430000 usd
CY2022 us-gaap Depreciation
Depreciation
3500000 usd
CY2021 us-gaap Depreciation
Depreciation
4718000 usd
CY2023 us-gaap Lease Income
LeaseIncome
5500000 usd
CY2022 us-gaap Lease Income
LeaseIncome
4800000 usd
CY2021 us-gaap Lease Income
LeaseIncome
2700000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2477000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1033000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1697000 usd
CY2022 tatt Restructuring Income From Lease Modification
RestructuringIncomeFromLeaseModification
0 usd
CY2022 us-gaap Restructuring Charges
RestructuringCharges
1715000 usd
CY2022 tatt Net Cash Used In Operating Activity For Restructuring Expenses
NetCashUsedInOperatingActivityForRestructuringExpenses
1700000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
2164000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
5239000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2778000 usd
CY2023Q4 tatt Provision For Restructuring Plan
ProvisionForRestructuringPlan
63000 usd
CY2022Q4 tatt Provision For Restructuring Plan
ProvisionForRestructuringPlan
190000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2778000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1147000 usd
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-2080000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-148000 usd
CY2023 tatt Contract With Customer Liability Increase Decrease For Contract
ContractWithCustomerLiabilityIncreaseDecreaseForContract
4541000 usd
CY2022 tatt Contract With Customer Liability Increase Decrease For Contract
ContractWithCustomerLiabilityIncreaseDecreaseForContract
1779000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
5239000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2778000 usd
CY2023 us-gaap Other Operating Income
OtherOperatingIncome
0 usd
CY2022 us-gaap Other Operating Income
OtherOperatingIncome
17000 usd
CY2021 us-gaap Other Operating Income
OtherOperatingIncome
88000 usd
CY2023 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
0 usd
CY2022 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
0 usd
CY2021 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
654000 usd
CY2023Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
0 usd
CY2022Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
0 usd
CY2023Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
0 usd
CY2022Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
0 usd
CY2023 tatt Schedule Of Fore Casted Severance Payments Due In Each Of Following Five Years
ScheduleOfForeCastedSeverancePaymentsDueInEachOfFollowingFiveYears
<div> <div style="margin-left:54pt"> <div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman',Times,serif;font-size:10pt;text-align:left;color:rgb(0, 0, 0);width:60%"> <tr> <td style="vertical-align:top;border-bottom:2px solid rgb(0, 0, 0);width:83%;vertical-align:bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-family:Times New Roman, Times, serif;font-weight:bold"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">Year</span></span></div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;width:1%;vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:2px solid rgb(0, 0, 0);vertical-align:bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-family:Times New Roman, Times, serif;font-weight:bold"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">Amount</span></span></div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;width:1%;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:top;width:83%;vertical-align:bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:top;vertical-align:bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:top;width:83%;background-color:rgb(204, 238, 255);vertical-align:bottom"> <div style="text-align:center;line-height:1.25;font-family:'Times New Roman', Times, serif"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">2024</span></span></div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);vertical-align:bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);vertical-align:bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:14%;background-color:rgb(204, 238, 255);vertical-align:bottom"> <div style="line-height:1.25;font-family:'Times New Roman', Times, serif"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">80</span></span></div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:top;width:83%;vertical-align:bottom"> <div style="text-align:center;line-height:1.25;font-family:'Times New Roman', Times, serif"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">2025</span></span></div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;vertical-align:bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;vertical-align:bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:14%;vertical-align:bottom"> <div style="line-height:1.25;font-family:'Times New Roman', Times, serif"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">-</span></span></div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:top;width:83%;background-color:rgb(204, 238, 255);vertical-align:bottom"> <div style="text-align:center;line-height:1.25;font-family:'Times New Roman', Times, serif"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">2026</span></span></div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);vertical-align:bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);vertical-align:bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:14%;background-color:rgb(204, 238, 255);vertical-align:bottom"> <div style="line-height:1.25;font-family:'Times New Roman', Times, serif"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">99</span></span></div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:top;width:83%;vertical-align:bottom"> <div style="text-align:center;line-height:1.25;font-family:'Times New Roman', Times, serif"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">2027</span></span></div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;vertical-align:bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;vertical-align:bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:14%;vertical-align:bottom"> <div style="line-height:1.25;font-family:'Times New Roman', Times, serif"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">134</span></span></div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:top;width:83%;background-color:rgb(204, 238, 255);vertical-align:bottom"> <div style="text-align:center;line-height:1.25;font-family:'Times New Roman', Times, serif"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">2028</span></span></div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);vertical-align:bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);vertical-align:bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:14%;background-color:rgb(204, 238, 255);vertical-align:bottom"> <div style="line-height:1.25;font-family:'Times New Roman', Times, serif"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">59</span></span></div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:top;width:83%;border-bottom:2px solid rgb(0, 0, 0);vertical-align:bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-family:'Times New Roman', Times, serif"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">Thereafter (through 2032)</span></span></div> </div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;vertical-align:bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);vertical-align:bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:14%;border-bottom:2px solid rgb(0, 0, 0);vertical-align:bottom"> <div style="line-height:1.25"> <div style="line-height:1.25;font-family:'Times New Roman', Times, serif"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">349</span></span></div> </div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;vertical-align:bottom;white-space:nowrap"> </td> </tr> <tr> <td style="vertical-align:top;width:83%;padding-bottom:4px;background-color:rgb(204, 238, 255);vertical-align:bottom"> <div style="text-align:center;line-height:1.25;font-family:'Times New Roman', Times, serif"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">Total</span></span></div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);vertical-align:bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255);vertical-align:bottom"> <div style="line-height:1.25"> <div style="line-height:1.25;font-family:'Times New Roman', Times, serif"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">$</span></span></div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:14%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255);vertical-align:bottom"> <div style="line-height:1.25"> <div style="line-height:1.25;font-family:'Times New Roman', Times, serif"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">721</span></span></div> </div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);vertical-align:bottom;white-space:nowrap"> </td> </tr> </table> </div> </div> </div> </div>
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter
349000 usd
CY2023Q4 tatt Defined Benefit Plan Aggregate Expected Future Benefit Payments
DefinedBenefitPlanAggregateExpectedFutureBenefitPayments
721000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
625000 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.31
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
6.63
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
220000 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
6.45
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
196614 shares
CY2023 tatt Options Exercised On Cashless Basis
OptionsExercisedOnCashlessBasis
12500 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8911546 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8911546 shares
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.51
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.175
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.4
CY2021 tatt Account Receivable And Inventory Written Off
AccountReceivableAndInventoryWrittenOff
529000 usd
CY2023Q4 tatt Accumulated Tax Loss Carryforward From Israeli Subsidiary
AccumulatedTaxLossCarryforwardFromIsraeliSubsidiary
2927000000 usd
CY2022Q4 tatt Accumulated Tax Loss Carryforward From Israeli Subsidiary
AccumulatedTaxLossCarryforwardFromIsraeliSubsidiary
3068000000 usd
CY2023Q4 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
138000 usd
CY2022Q4 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
970000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
0.80 pure
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
4745000 usd
CY2021 tatt Income Tax Reconciliation Change In Deferred Tax Assets From Discontinued Operation Loss
IncomeTaxReconciliationChangeInDeferredTaxAssetsFromDiscontinuedOperationLoss
-98000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2023 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
49000 usd
CY2023 tatt Previous Years Domestic Tax Expense Benefit
PreviousYearsDomesticTaxExpenseBenefit
0 usd
CY2023Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
121000 usd
CY2022Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
144000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3214000 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
3454000 usd
CY2023 tatt Revenues External
RevenuesExternal
113794000 usd
CY2023 tatt Revenues Internal
RevenuesInternal
0 usd
CY2022 tatt Revenues External
RevenuesExternal
84556000 usd
CY2022 tatt Revenues Internal
RevenuesInternal
0 usd
CY2021 tatt Revenues External
RevenuesExternal
77973000 usd
CY2021 tatt Revenues Internal
RevenuesInternal
0 usd
CY2021 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
66703000 usd
CY2021 us-gaap Gross Profit
GrossProfit
11270000 usd
CY2021 us-gaap Restructuring Charges
RestructuringCharges
1755000 usd

Files In Submission

Name View Source Status
0001178913-24-000845-index-headers.html Edgar Link pending
0001178913-24-000845-index.html Edgar Link pending
0001178913-24-000845.txt Edgar Link pending
0001178913-24-000845-xbrl.zip Edgar Link pending
exhibit_12-1.htm Edgar Link pending
exhibit_12-2.htm Edgar Link pending
exhibit_13-1.htm Edgar Link pending
exhibit_13-2.htm Edgar Link pending
exhibit_14-1.htm Edgar Link pending
exhibit_8.htm Edgar Link pending
exhibit_97.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
image0.jpg Edgar Link pending
image00002.jpg Edgar Link pending
image1.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
R97.htm Edgar Link pending
R98.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
tatt-20231231.xsd Edgar Link pending
zk2431093.htm Edgar Link pending
tatt-20231231_def.xml Edgar Link unprocessable
tatt-20231231_pre.xml Edgar Link unprocessable
tatt-20231231_lab.xml Edgar Link unprocessable
zk2431093_htm.xml Edgar Link completed
FilingSummary.xml Edgar Link unprocessable
tatt-20231231_cal.xml Edgar Link unprocessable