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Industry Segments (Tables)
3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Schedule of Segment Information
The following table summarizes certain information regarding segments of the Company's continuing operations:
Three Months Ended March 31,
(in thousands)20242023
Net sales
Tubular Products$23,814 $31,061 
Specialty Chemicals20,296 23,749 
All Other— 50 
$44,110 $54,860 
Operating (loss) income
Tubular Products$(1,502)$(3,293)
Specialty Chemicals(1,439)1,352 
All Other(162)(479)
Corporate
Unallocated corporate expenses(2,150)(3,704)
Acquisition costs and other— (259)
Total Corporate (2,150)(3,963)
Operating loss(5,253)(6,383)
Interest expense127 1,107 
Other, net(120)(95)
Loss from continuing operations before income taxes$(5,260)$(7,395)
As of
(in thousands)March 31, 2024December 31, 2023
Identifiable assets
Tubular Products$72,668 $70,548 
Specialty Chemicals46,391 49,547 
Corporate and other41,866 42,339 
$160,925 $162,434