Bolt Technology Corporation consists of four operating units, such as Bolt Technology Corporation (Bolt), A-G Geophysical Products, Inc. (A-G), Real Time Systems Inc. (RTS) and SeaBotix Inc. (SBX). Each of these operating units is reported as a separate reportable segment for all periods presented in the Consolidated Financial Statements. The Company operates in four segments: seismic energy sources reportable segment (Bolt), underwater cables and connectors reportable segment (A-G), seismic energy source controllers reportable segment (RTS) and underwater robotic vehicles segment (SBX). The Company's Bolt, A-G and RTS products are used in marine seismic exploration surveys to acquire seismic data. Bolt develops, manufactures and sells marine seismic energy sources (air guns) and replacement parts. A-G develops, manufactures and sells underwater cables, connectors, hydrophones, depth and pressure transducers and seismic source monitoring systems.
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