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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues $ 36,452 $ 50,843 $ 74,068 $ 99,716
Cost of sales 30,886 42,510 61,865 84,407
Gross profit 5,566 8,333 12,203 15,309
OPERATING EXPENSES:        
Selling, general and administrative 4,143 5,952 8,537 11,478
Intangible amortization 166 165 331 333
Total operating expenses 4,309 6,117 8,868 11,811
Operating income 1,257 2,216 3,335 3,498
OTHER EXPENSE, net:        
Interest expense, net (726) (751) (1,258) (1,239)
Other, net 4 (22) 7 (24)
Total other expense, net (722) (773) (1,251) (1,263)
Net income before provision for income taxes 535 1,443 2,084 2,235
Provision for income taxes 53 28 92 51
NET INCOME $ 482 $ 1,415 $ 1,992 $ 2,184
NET INCOME PER COMMON SHARE—BASIC:        
Net income (in dollars per share) $ 0.02 $ 0.07 $ 0.09 $ 0.1
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING—BASIC (in shares) 21,783,219 21,091,496 21,688,941 20,980,880
NET INCOME PER COMMON SHARE—DILUTED:        
Net income (in dollars per share) $ 0.02 $ 0.07 $ 0.09 $ 0.1
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING—DILUTED (in shares) 22,003,078 21,408,527 21,904,456 21,390,231