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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Revenues $ 113,255 $ 61,894 $ 421,729 $ 231,489
Cost of sales 97,059 52,669 375,700 201,824
Gross profit 16,196 9,225 46,029 29,665
Selling, general and administrative expenses 7,538 7,511 23,541 19,750
Gain on sale of railcars available for lease 0 0 0 (622)
Loss on pension settlement 0 313   313
Litigation settlement 0 0 (3,214) 0
Operating income 8,658 1,401 25,702 10,224
Interest expense (1,577) (2,037) (5,815) (12,988)
(Loss) gain on change in fair market value of Warrant liability (110,040) 4,273 (125,581) (1,869)
Loss on extinguishment of debt 0 0 0 (14,880)
Other expense (680) (228) (1,419) (333)
{Loss} income before income taxes (103,639) 3,409 (107,113) (19,846)
Income tax (benefit) provision 3,407 216 3,327 887
Net loss $ (107,046) $ 3,193 $ (110,440) $ (20,733)
Net loss per common share - basic $ (3.57) $ (0.03) $ (4.07) $ (0.94)
Net loss per common share - diluted $ (3.57) $ (0.03) $ (4.07) $ (0.94)
Weighted average common shares outstanding - basic 31,353,997 29,543,963 30,519,545 28,064,410
Weighted average common shares outstanding - diluted 31,353,997 29,543,963 30,519,545 28,064,410