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Segment Information (Tables)
3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2024

 

 

2023

 

Revenues:

 

 

 

 

 

 

Manufacturing

 

$

155,728

 

 

$

77,599

 

Corporate and Other

 

 

5,330

 

 

 

3,400

 

Consolidated revenues

 

$

161,058

 

 

$

80,999

 

 

 

 

 

 

 

Operating income (loss):

 

 

 

 

 

 

Manufacturing

 

$

8,279

 

 

$

5,628

 

Corporate and Other

 

 

(4,369

)

 

 

(4,531

)

Consolidated operating income

 

 

3,910

 

 

 

1,097

 

Consolidated interest expense

 

 

(2,391

)

 

 

(6,600

)

(Loss) gain on change in fair market value of Warrant liability

 

 

(15,653

)

 

 

613

 

Consolidated other expense

 

 

(14

)

 

 

(36

)

Consolidated loss before income taxes

 

$

(14,148

)

 

$

(4,926

)

 

 

 

 

 

 

Depreciation and amortization:

 

 

 

 

 

 

Manufacturing

 

$

1,273

 

 

$

932

 

Corporate and Other

 

 

123

 

 

 

140

 

Consolidated depreciation and amortization

 

$

1,396

 

 

$

1,072

 

 

 

 

 

 

 

Capital expenditures:

 

 

 

 

 

 

Manufacturing

 

$

921

 

 

$

1,879

 

Corporate and Other

 

 

45

 

 

 

81

 

Consolidated capital expenditures

 

$

966

 

 

$

1,960

 

Reconciliation of Assets From Segment to Consolidated

 

 

March 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Assets:

 

 

 

 

 

 

Manufacturing

 

$

215,570

 

 

$

207,093

 

Corporate and Other

 

 

28,839

 

 

 

51,158

 

Total operating assets

 

 

244,409

 

 

 

258,251

 

Consolidated income taxes receivable

 

 

4,260

 

 

 

1,208

 

Consolidated assets

 

$

248,669

 

 

$

259,459

 

Geographic Information

 

Geographic Information

 

 

 

Revenues

 

 

Long Lived Assets(a)

 

 

 

Three Months Ended

 

 

 

 

 

 

 

 

 

March 31,

 

 

March 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

United States

 

$

161,058

 

 

$

80,999

 

 

$

4,358

 

 

$

7,377

 

Mexico

 

 

-

 

 

 

-

 

 

 

68,715

 

 

 

69,826

 

Total

 

$

161,058

 

 

$

80,999

 

 

$

73,073

 

 

$

77,203

 

 

 

(a) Long lived assets include property plant and equipment, net, railcars available for lease, net, and right-of-use (ROU) assets.