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Business Segment Information (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Reconciliation of Net Income

A reconciliation of net income to EBITDA and Adjusted EBITDA for the three months ended March 31, 2025 and 2024 is as follows (in thousands):

									Three Months Ended March 31,
															2025			2024
Net Income															$	591		$	691
Income tax expense															183			250
Interest income															(99)			(238)
Interest expense															1,478			1,566
Depreciation and amortization															3,328			2,934
EBITDA															5,481			5,203
Loss on disposal of fixed assets															—			2
Restricted stock expense															162			198
EBITDA adjustments															162			200
Adjusted EBITDA															$	5,643		$	5,403

Schedule of Significant Expense

The CODM reviews the following significant expense categories:

									Three Months Ended March 31,
												2025			2024
Segment revenue												$	12,457		$	11,610
Segment expenses
Personnel costs - operations and maintenance												1,340			1,293
Utilities, chemicals and repairs												1,032			791
Other operations and maintenance expenses												1,315			1,200
Personnel costs - general and administrative												2,195			2,201
Professional fees												467			451
Other general and administrative expenses												1,525			1,473
Depreciation and amortization												3,328			2,934
Total operating expenses												11,202			10,343
Operating income												1,255			1,267
Other income (expense)
Buckeye growth premiums												618			777
Other segment income and expenses												(1,099)			(1,103)
Total other expense												(481)			(326)
Income tax expense												(183)			(250)
Net Income												$	591		$	691

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
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-Section 50
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