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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Revenues $ 88,596 $ 56,786 $ 169,595 $ 150,022
Cost of Revenue 75,641 50,197 149,155 133,375
Gross profit 12,955 6,589 20,440 16,647
Selling, general and administrative expenses 5,851 4,053 12,239 14,766
Gain on sale of railcars available for lease 622 0 622 0
Operating income 7,726 2,536 8,823 1,881
Interest expense (4,351) (5,757) (10,951) (11,462)
(Loss) gain on change in fair market value of Warrant liability (6,755) 18,746 (6,142) (1,984)
Loss on extinguishment of debt (14,880) 0 (14,880) 0
Other (expense) income (69) 661 (105) 2,157
(Loss) income before income taxes (18,329) 16,186 (23,255) (9,408)
Income tax provision 560 1,647 671 1,900
Net (loss) income $ (18,889) $ 14,539 $ (23,926) $ (11,308)
Net (loss) income per common share - basic $ (0.73) $ 0.58 $ (0.93) $ (0.47)
Net (loss) income per common share - diluted $ (0.73) $ 0.58 $ (0.93) $ (0.47)
Weighted average common shares outstanding - basic 28,113,825 24,499,784 27,552,297 23,994,327
Weighted average common shares outstanding - diluted 28,113,825 24,499,784 27,552,297 23,994,327