XML 36 R26.htm IDEA: XBRL DOCUMENT
v3.23.2

Segment Information (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment |
|  | Three Months Ended |  |  |  | Six Months Ended |
|  | June 30, |  |  |  | June 30, |
|  | 2023 |  |  | 2022 |  |  |  | 2023 |  |  | 2022 |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |
Manufacturing |  | $ | 85,724 |  |  | $ | 53,606 |  |  |  | $ | 163,323 |  |  | $ | 143,731 |
Corporate and Other |  |  | 2,872 |  |  |  | 3,180 |  |  |  |  | 6,272 |  |  |  | 6,291 |
Consolidated revenues |  | $ | 88,596 |  |  | $ | 56,786 |  |  |  | $ | 169,595 |  |  | $ | 150,022 |
Operating income: |  |  |  |  |  |  |  |  |  |  |  |  |
Manufacturing |  | $ | 11,769 |  |  | $ | 4,900 |  |  |  | $ | 17,397 |  |  | $ | 13,416 |
Corporate and Other |  |  | (4,043 | ) |  |  | (2,364 | ) |  |  |  | (8,574 | ) |  |  | (11,535 | )
Consolidated operating income |  |  | 7,726 |  |  |  | 2,536 |  |  |  |  | 8,823 |  |  |  | 1,881 |
Consolidated interest expense |  |  | (4,351 | ) |  |  | (5,757 | ) |  |  |  | (10,951 | ) |  |  | (11,462 | )
Gain (loss) on change in fair market value of Warrant liability |  |  | (6,755 | ) |  |  | 18,746 |  |  |  |  | (6,142 | ) |  |  | (1,984 | )
Loss on extinguishment of debt |  |  | (14,880 | ) |  |  | - |  |  |  |  | (14,880 | ) |  |  | - |
Consolidated other (expense) income |  |  | (69 | ) |  |  | 661 |  |  |  |  | (105 | ) |  |  | 2,157 |
Consolidated loss (income) before income taxes |  | $ | (18,329 | ) |  | $ | 16,186 |  |  |  | $ | (23,255 | ) |  | $ | (9,408 | )
Depreciation and amortization: |  |  |  |  |  |  |  |  |  |  |  |  |
Manufacturing |  | $ | 891 |  |  | $ | 869 |  |  |  | $ | 1,823 |  |  | $ | 1,736 |
Corporate and Other |  |  | 142 |  |  |  | 167 |  |  |  |  | 282 |  |  |  | 324 |
Consolidated depreciation and amortization |  | $ | 1,033 |  |  | $ | 1,036 |  |  |  | $ | 2,105 |  |  | $ | 2,060 |
Capital expenditures: |  |  |  |  |  |  |  |  |  |  |  |  |
Manufacturing |  | $ | 2,947 |  |  | $ | 1,482 |  |  |  | $ | 4,826 |  |  | $ | 2,442 |
Corporate and Other |  |  | 47 |  |  |  | 366 |  |  |  |  | 128 |  |  |  | 366 |
Consolidated capital expenditures |  | $ | 2,994 |  |  | $ | 1,848 |  |  |  | $ | 4,954 |  |  | $ | 2,808 |
Reconciliation of Assets From Segment to Consolidated |
|  | June 30, |  |  | December 31, |
|  | 2023 |  |  | 2022 |
Assets: |  |  |  |  |  |
Manufacturing |  | $ | 184,389 |  |  | $ | 149,014 |
Corporate and Other |  |  | 23,772 |  |  |  | 50,631 |
Total operating assets |  |  | 208,161 |  |  |  | 199,645 |
Consolidated income taxes receivable |  |  | 83 |  |  |  | 93 |
Consolidated assets |  | $ | 208,244 |  |  | $ | 199,738 |
Geographic Information |
Geographic Information |
|  | Revenues |  |  | Long Lived Assets(a) |
|  | Three Months Ended |  |  | Six Months Ended |  |  |  |  |  |  |
|  | June 30, |  |  | June 30, |  |  | June 30, |  |  | December 31, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
United States |  | $ | 88,596 |  |  | $ | 56,772 |  |  | $ | 169,595 |  |  | $ | 150,008 |  |  | $ | 10,240 |  |  | $ | 15,018 |
Mexico |  |  | - |  |  |  | 14 |  |  |  | - |  |  |  | 14 |  |  |  | 56,835 |  |  |  | 54,243 |
Total |  | $ | 88,596 |  |  | $ | 56,786 |  |  | $ | 169,595 |  |  | $ | 150,022 |  |  | $ | 67,075 |  |  | $ | 69,261 |
(a) Long lived assets include property plant and equipment, net, railcars available for lease, and right-of-use (ROU) assets.

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + 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 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph a -SubTopic 10 -Topic 280 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 + Details
Name: | us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration