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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues $ 50,012 $ 46,491 $ 91,856 $ 79,219
Cost of sales 47,618 44,293 87,450 76,739
Gross profit 2,394 2,198 4,406 2,480
OPERATING EXPENSES:        
Selling, general and administrative 4,122 4,325 8,024 8,735
Intangible amortization 184 184 367 367
Total operating expenses 4,306 4,509 8,391 9,102
Operating loss (1,912) (2,311) (3,985) (6,622)
OTHER (EXPENSE) INCOME, net:        
Paycheck Protection Program loan forgiveness 0 9,151 0 9,151
Interest expense, net (776) (318) (1,121) (547)
Other, net 0 3,775 21 7,137
Total other (expense) income, net (776) 12,608 (1,100) 15,741
Net (loss) income before provision for income taxes (2,688) 10,297 (5,085) 9,119
Provision for income taxes 15 45 22 77
NET (LOSS) INCOME $ (2,703) $ 10,252 $ (5,107) $ 9,042
NET (LOSS) INCOME PER COMMON SHARE—BASIC:        
Net (loss) income (in dollars per share) $ (0.13) $ 0.55 $ (0.26) $ 0.50
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING—BASIC (in shares) 20,244,176 18,760,910 19,977,477 17,973,896
NET (LOSS) INCOME PER COMMON SHARE—DILUTED:        
Net (loss) income (in dollars per share) $ (0.13) $ 0.53 $ (0.26) $ 0.48
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING—DILUTED (in shares) 20,244,176 19,400,060 19,977,477 18,863,770