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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenues $ 147,416 $ 88,596 $ 308,474 $ 169,595
Cost of sales 128,986 75,641 278,641 149,155
Gross profit 18,430 12,955 29,833 20,440
Selling, general and administrative expenses 8,510 5,851 16,003 12,239
Gain on sale of railcars available for lease 0 (622) 0 (622)
Litigation settlement (3,214) 0 (3,214) 0
Operating income 13,134 7,726 17,044 8,823
Interest expense (1,847) (4,351) (4,238) (10,951)
Gain (loss) on change in fair market value of Warrant liability 112 (6,755) (15,541) (6,142)
Loss on extinguishment of debt 0 (14,880) 0 (14,880)
Other expense (725) (69) (739) (105)
Loss before income taxes 10,674 (18,329) (3,474) (23,255)
Income tax (benefit) provision 2,497 560 (80) 671
Net loss $ 8,177 $ (18,889) $ (3,394) $ (23,926)
Net loss per common share - basic $ 0.12 $ (0.73) $ (0.41) $ (0.93)
Net loss per common share - diluted $ 0.11 $ (0.73) $ (0.41) $ (0.93)
Weighted average common shares outstanding - basic 30,641,193 28,113,825 30,235,876 27,552,297
Weighted average common shares outstanding - diluted 32,277,506 28,113,825 30,235,876 27,552,297