XML 21 R8.htm IDEA: XBRL DOCUMENT v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating activities:    
Net income (loss) $ 167 $ (744)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and accretion of asset retirement obligations 21,856 21,090
Amortization of intangible assets 594 596
Net (gain) loss on disposal of fixed assets (830) 1,069
Amortization of deferred financing cost 186 89
Amortization of Debt Discount (Premium) 0 92
Loss on extinguishment of debt 0 1,341
Provision for Other Credit Losses 41 0
Deferred income taxes (2,582) (2,217)
Stock-based compensation, net 2,835 2,348
Employee stock purchase plan compensation 17 18
Changes in assets and liabilities:    
Accounts receivable (3,250) (933)
Unbilled receivables 5,311 (181)
Inventory (6,556) (1,015)
Prepaid expenses and other assets (1,978) (39)
Deferred revenue (54) 196
Accounts payable (6,974) (6,219)
Accrued and other expenses 12,963 1,338
Net cash provided by operating activities 21,746 16,829
Investing activities:    
Purchases of property, plant and equipment (9,597) (5,135)
Proceeds from disposal of assets 740 81
Net cash used in investing activities (8,857) (5,054)
Financing activities:    
Dividend payments to stockholders (3,970) 0
Proceeds from the issuance of notes payable 0 9,755
Repayments of notes payable (2,584) (9,540)
Proceeds from revolving credit facility 33,000 16,975
Repayment of revolving credit facility (33,000) (24,975)
Payments under finance leases (171) (167)
Payment of deferred financing and debt issuance costs (10) (1,129)
Payment for debt extinguishment costs 0 (1,227)
Employee stock purchase plan issuance 47 51
Repurchase of treasury stock from restricted stock vesting (579) (375)
Repurchase of treasury stock from Repurchase Program (2,095) 0
Net cash used in financing activities (9,362) (10,632)
Net increase in cash and cash equivalents 3,527 1,143
Cash and cash equivalents at beginning of year 1,554 6,072
Cash and cash equivalents at end of period 5,081 7,215
Supplemental disclosure of cash flow information    
Purchases of property, plant and equipment in accounts payable and accrued expenses 594 1,517
Forfeited dividends 20 0
Fixed assets purchased with debt $ 2,728 $ 2,214