XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues $ 35,503 $ 57,163 $ 109,571 $ 156,879
Cost of sales 30,306 46,996 92,171 131,403
Gross profit 5,197 10,167 17,400 25,476
OPERATING EXPENSES:        
Selling, general and administrative 3,854 4,635 12,391 16,113
Intangible amortization 165 165 496 498
Total operating expenses 4,019 4,800 12,887 16,611
Operating income 1,178 5,367 4,513 8,865
OTHER EXPENSE, net:        
Interest expense, net (1,058) (932) (2,316) (2,171)
Other, net (5) (13) 2 (37)
Total other expense, net (1,063) (945) (2,314) (2,208)
Net income before provision for income taxes 115 4,422 2,199 6,657
Provision for income taxes 41 28 133 79
NET INCOME $ 74 $ 4,394 $ 2,066 $ 6,578
NET INCOME PER COMMON SHARE—BASIC:        
Net income (in dollars per share) $ 0 $ 0.21 $ 0.09 $ 0.31
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING—BASIC (in shares) 22,028,854 21,336,957 21,803,073 21,100,876
NET INCOME PER COMMON SHARE—DILUTED:        
Net income (in dollars per share) $ 0 $ 0.2 $ 0.09 $ 0.31
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING—DILUTED (in shares) 22,100,436 21,574,011 21,903,814 21,451,073