XML 45 R34.htm IDEA: XBRL DOCUMENT v3.25.3

Industry Segments (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Schedule of Segment Information

The following table summarizes certain information regarding segments of the Company's continuing operations:

						Three Months Ended September 30, 2025																		Nine Months Ended September 30, 2025
(in thousands)						Specialty Chemicals						Corporate & Other1						Total Continuing Operations						Specialty Chemicals						Corporate & Other1						Total Continuing Operations
Net sales						$	19,697					$	—					$	19,697					$	56,183					$	—					$	56,183
Cost of goods sold - material						8,173						—						8,173						25,351						—						25,351
Cost of goods sold - other2						5,683						—						5,683						17,059						—						17,059
Gross profit						5,841						—						5,841						13,773						—						13,773
Selling, general and administrative expense3						3,696						2,557						6,253						9,267						8,300						17,567
Acquisition costs and other						—						398						398						92						573						665
Asset impairments						—						—						—						—						1,622						1,622
Gain on lease modification						—						—						—						—						(544)						(544)
Interest expense (income), net						7						(454)						(447)						38						(385)						(347)
Income taxes						—						58						58						—						(32)						(32)
Other expense (income)						—						(296)						(296)						—						(581)						(581)
Net income (loss)						$	2,138					$	(2,263)					$	(125)					$	4,376					$	(8,953)					$	(4,577)

						Three Months Ended September 30, 2024																		Nine Months Ended September 30, 2024
(in thousands)						Specialty Chemicals						Corporate & Other1						Total Continuing Operations						Specialty Chemicals						Corporate & Other1						Total Continuing Operations
Net sales						$	20,878					$	—					$	20,878					$	62,642					$	—					$	62,642
Cost of goods sold - material						10,657						—						10,657						32,387						—						32,387
Cost of goods sold - other2						7,088						125						7,213						22,653						395						23,048
Gross profit						3,133						(125)						3,008						7,602						(395)						7,207
Selling, general and administrative expense3						2,747						2,287						5,034						8,226						7,292						15,518
Acquisition costs and other						—						2						2						—						54						54
Gain on lease modification						—						(67)						(67)						—						(67)						(67)
Interest expense, net						19						105						124						57						266						323
Income taxes						—						5,807						5,807						—						4,413						4,413
Other expense (income)						—						(91)						(91)						—						(303)						(303)
Net income (loss)						$	367					$	(8,168)					$	(7,801)					$	(681)					$	(12,050)					$	(12,731)

			As of
(in thousands)			September 30, 2025						December 31, 2024
Identifiable assets
Specialty Chemicals			$	39,130					$	38,928
Corporate and other			80,759						46,298
			$	119,889					$	85,226

1All Other includes corporate overhead expenses and ongoing expenses for properties under the Master Lease not assigned to a segment in which the Company is the responsible party.

2Cost of good sold - other includes manufacturing labor and overhead expenses, depreciation expense, repair and maintenance expense, shipping expense, scrap and shrinkage expense, and other operational manufacturing overhead expenses.

3Selling, general and administrative expenses include sales and administrative salaries, wages and benefits and overhead expenses, professional fees, depreciation and amortization expense, corporate overhead allocation expense and other administrative overhead expenses.

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration