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v3.23.3

Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2023
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment |
|  | Three Months Ended |  |  |  | Nine Months Ended |
|  | September 30, |  |  |  | September 30, |
|  | 2023 |  |  | 2022 |  |  |  | 2023 |  |  | 2022 |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |
Manufacturing |  | $ | 58,554 |  |  | $ | 82,817 |  |  |  | $ | 221,877 |  |  | $ | 226,548 |
Corporate and Other |  |  | 3,340 |  |  |  | 2,926 |  |  |  |  | 9,612 |  |  |  | 9,217 |
Consolidated revenues |  | $ | 61,894 |  |  | $ | 85,743 |  |  |  | $ | 231,489 |  |  | $ | 235,765 |
Operating income (loss): |  |  |  |  |  |  |  |  |  |  |  |  |
Manufacturing |  | $ | 7,378 |  |  | $ | 3,054 |  |  |  | $ | 24,775 |  |  | $ | 16,470 |
Corporate and Other (1) |  |  | (5,977 | ) |  |  | (13,717 | ) |  |  |  | (14,551 | ) |  |  | (25,252 | )
Consolidated operating income (loss) |  |  | 1,401 |  |  |  | (10,663 | ) |  |  |  | 10,224 |  |  |  | (8,782 | )
Consolidated interest expense |  |  | (2,037 | ) |  |  | (6,087 | ) |  |  |  | (12,988 | ) |  |  | (17,549 | )
Gain (loss) on change in fair market value of Warrant liability |  |  | 4,273 |  |  |  | (1,274 | ) |  |  |  | (1,869 | ) |  |  | (3,258 | )
Loss on extinguishment of debt |  |  | - |  |  |  | - |  |  |  |  | (14,880 | ) |  |  | - |
Consolidated other (expense) income |  |  | (228 | ) |  |  | 190 |  |  |  |  | (333 | ) |  |  | 2,347 |
Consolidated income (loss) before income taxes |  | $ | 3,409 |  |  | $ | (17,834 | ) |  |  | $ | (19,846 | ) |  | $ | (27,242 | )
Depreciation and amortization: |  |  |  |  |  |  |  |  |  |  |  |  |
Manufacturing |  | $ | 942 |  |  | $ | 877 |  |  |  | $ | 2,763 |  |  | $ | 2,614 |
Corporate and Other |  |  | 143 |  |  |  | 172 |  |  |  |  | 426 |  |  |  | 496 |
Consolidated depreciation and amortization |  | $ | 1,085 |  |  | $ | 1,049 |  |  |  | $ | 3,189 |  |  | $ | 3,110 |
Capital expenditures: |  |  |  |  |  |  |  |  |  |  |  |  |
Manufacturing |  | $ | 3,989 |  |  | $ | 540 |  |  |  | $ | 8,815 |  |  | $ | 2,982 |
Corporate and Other |  |  | 28 |  |  |  | 32 |  |  |  |  | 156 |  |  |  | 398 |
Consolidated capital expenditures |  | $ | 4,017 |  |  | $ | 572 |  |  |  | $ | 8,971 |  |  | $ | 3,380 |
(1) Results for the three and nine months ended September 30, 2023 include a pension settlement loss of $313. Results from the three and nine months ended September 30, 2022 include a pension settlement loss of $8,105.
Reconciliation of Assets From Segment to Consolidated |
|  | September 30, |  |  | December 31, |
|  | 2023 |  |  | 2022 |
Assets: |  |  |  |  |  |
Manufacturing |  | $ | 200,484 |  |  | $ | 149,014 |
Corporate and Other |  |  | 28,737 |  |  |  | 50,631 |
Total operating assets |  |  | 229,221 |  |  |  | 199,645 |
Consolidated income taxes receivable |  |  | 88 |  |  |  | 93 |
Consolidated assets |  | $ | 229,309 |  |  | $ | 199,738 |
Geographic Information |
Geographic Information |
|  | Revenues |  |  | Long Lived Assets(a) |
|  | Three Months Ended |  |  | Nine Months Ended |  |  |  |  |  |  |
|  | September 30, |  |  | September 30, |  |  | September 30, |  |  | December 31, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
United States |  | $ | 61,894 |  |  | $ | 85,743 |  |  | $ | 231,489 |  |  | $ | 235,751 |  |  | $ | 11,762 |  |  | $ | 15,018 |
Mexico |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 14 |  |  |  | 59,204 |  |  |  | 54,243 |
Total |  | $ | 61,894 |  |  | $ | 85,743 |  |  | $ | 231,489 |  |  | $ | 235,765 |  |  | $ | 70,966 |  |  | $ | 69,261 |
(a) Long lived assets include property plant and equipment, net, railcars available for lease, and right-of-use (ROU) assets.

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