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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues $ 57,163 $ 44,843 $ 156,879 $ 136,699
Cost of sales 46,996 41,095 131,403 128,545
Gross profit 10,167 3,748 25,476 8,154
OPERATING EXPENSES:        
Selling, general and administrative 4,635 4,085 16,113 12,109
Intangible amortization 165 183 498 550
Total operating expenses 4,800 4,268 16,611 12,659
Operating income (loss) 5,367 (520) 8,865 (4,505)
OTHER EXPENSE, net:        
Interest expense, net (932) (1,234) (2,171) (2,355)
Other, net (13) (4) (37) 17
Total other expense, net (945) (1,238) (2,208) (2,338)
Net income (loss) before provision for income taxes 4,422 (1,758) 6,657 (6,843)
Provision for income taxes 28 14 79 36
NET INCOME (LOSS) $ 4,394 $ (1,772) $ 6,578 $ (6,879)
NET INCOME (LOSS) PER COMMON SHARE—BASIC:        
Net income (loss) (in dollars per share) $ 0.21 $ (0.09) $ 0.31 $ (0.34)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING—BASIC (in shares) 21,336,957 20,505,884 21,100,876 20,155,548
NET INCOME (LOSS) PER COMMON SHARE—DILUTED:        
Net income (loss) (in dollars per share) $ 0.2 $ (0.09) $ 0.31 $ (0.34)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING—DILUTED (in shares) 21,574,011 20,505,884 21,451,073 20,155,548