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Note 15 - Segments (Tables) | 3 Months Ended
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Mar. 31, 2025
Notes Tables |
Schedule of Segment Reporting Information, by Segment [Table Text Block] |
|  | Three Months Ended |  |  | Three Months Ended |
|  | March 31, |  |  | March 31, |
|  | 2025 |  |  | 2024 |
Net sales |  |  |  |  |  |  |  |
Work Truck Attachments |  | $ | 36,457 |  |  | $ | 23,840 |
Work Truck Solutions |  |  | 78,610 |  |  |  | 71,815 |
|  | $ | 115,067 |  |  | $ | 95,655 |
Selling, general and administrative expense |  |  |  |  |  |  |  |
Work Truck Attachments |  | $ | 12,430 |  |  | $ | 11,661 |
Work Truck Solutions |  |  | 10,957 |  |  |  | 9,827 |
|  | $ | 23,387 |  |  | $ | 21,488 |
Other segment items (1) |  |  |  |  |  |  |  |
Work Truck Attachments |  | $ | 23,700 |  |  | $ | 16,647 |
Work Truck Solutions |  |  | 58,549 |  |  |  | 55,986 |
|  | $ | 82,249 |  |  | $ | 72,633 |
Adjusted EBITDA |  |  |  |  |  |  |  |
Work Truck Attachments |  | $ | 327 |  |  | $ | (4,468 | )
Work Truck Solutions |  |  | 9,104 |  |  |  | 6,002 |
|  | $ | 9,431 |  |  | $ | 1,534 |
Depreciation and amortization expense |  |  |  |  |  |  |  |
Work Truck Attachments |  | $ | 1,950 |  |  | $ | 3,347 |
Work Truck Solutions |  |  | 1,873 |  |  |  | 1,998 |
|  | $ | 3,823 |  |  | $ | 5,345 |
Assets |  |  |  |  |  |  |  |
Work Truck Attachments |  | $ | 364,562 |  |  | $ | 374,045 |
Work Truck Solutions |  |  | 256,478 |  |  |  | 203,031 |
|  | $ | 621,040 |  |  | $ | 577,076 |
Capital Expenditures |  |  |  |  |  |  |  |
Work Truck Attachments |  | $ | 1,095 |  |  | $ | 675 |
Work Truck Solutions |  |  | 658 |  |  |  | 99 |
|  | $ | 1,753 |  |  | $ | 774 |
Adjusted EBITDA |  |  |  |  |  |  |  |
Work Truck Attachments |  | $ | 327 |  |  | $ | (4,468 | )
Work Truck Solutions |  |  | 9,104 |  |  |  | 6,002 |
Total Adjusted EBITDA |  | $ | 9,431 |  |  | $ | 1,534 |
Less items to reconcile Adjusted EBITDA to income (loss) before taxes: |  |  |  |  |  |  |  |
Interest expense - net |  |  | 2,384 |  |  |  | 3,524 |
Depreciation expense |  |  | 2,273 |  |  |  | 2,715 |
Amortization |  |  | 1,550 |  |  |  | 2,630 |
Stock based compensation |  |  | 2,150 |  |  |  | 355 |
Impairment charges (2) |  |  | - |  |  |  | 1,224 |
Debt modification expense |  |  | 176 |  |  |  | - |
Loss on extinguishment of debt |  |  | 156 |  |  |  | - |
Other charges (3) |  |  | 252 |  |  |  | 1,029 |
Income (loss) before taxes |  | $ | 490 |  |  | $ | (9,943 | )

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