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CONDENSED CONSOLIDATED INCOME STATEMENTS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues: $ 63,158 $ 76,900 $ 220,009 $ 234,026
Cost of goods sold: 56,671 62,502 188,638 195,302
Gross profit 6,487 14,398 31,371 38,724
Operating expenses:        
Selling, general and administrative 9,703 8,917 28,924 28,634
Depreciation and amortization 633 647 1,978 1,868
Loss (gain) on disposal of fixed assets, net 1,063 (92) 1,069 1,821
Total operating expenses 11,399 9,472 31,971 32,323
Operating income (4,912) 4,926 (600) 6,401
Interest expense, net (344) (276) (1,226) (940)
Other income 53 198 224 405
Total other expenses, net (322) (78) (2,343) (535)
Income (loss) before income tax expense (benefit) (5,234) 4,848 (2,943) 5,866
Income tax expense (benefit) (5,136) (1,879) (2,199) (3,569)
Net (loss) income $ (98) $ 6,727 $ (744) $ 9,435
Net (loss) income per common share:        
Basic (in dollars per share) $ 0 $ 0.18 $ (0.02) $ 0.24
Diluted (in dollars per share) $ 0.00 $ 0.18 $ (0.02) $ 0.24
Weighted-average number of common shares:        
Basic (in shares) 38,926 38,253 38,735 39,153
Diluted (in shares) 38,926 38,412 38,735 39,239
Gain (Loss) on Extinguishment of Debt $ (31) $ 0 $ (1,341) $ 0
Sand        
Revenues: 62,232 74,869 212,971 227,332
Cost of goods sold: 55,601 61,490 183,470 189,878
SmartSystems        
Revenues: 926 2,031 7,038 6,694
Cost of goods sold: $ 1,070 $ 1,012 $ 5,168 $ 5,424