XML 17 R6.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
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 6,104 $ 2,066
Adjustments to reconcile net cash used in operating activities:    
Depreciation and amortization expense 4,819 4,986
Deferred income taxes (20) (2)
Stock-based compensation 655 807
Allowance for credit losses 5 4
Common stock issued under defined contribution 401(k) plan 986 879
Gain on sale of assets (8,214) (114)
Changes in operating assets and liabilities:    
Accounts receivable (960) 5,866
AMP credit receivable (1,543) 4,152
Contract assets 248 (305)
Inventories (6,230) (2,976)
Prepaid expenses and other current assets (286) 1,224
Accounts payable 1,480 (2,932)
Accrued liabilities (139) (2,476)
Customer deposits (13,180) (12,134)
Other non-current assets and liabilities 33 (31)
Net cash used in operating activities (16,242) (986)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (2,586) (3,279)
Net proceeds from sale of Manitowoc industrial fabrication operations 12,522 0
Net proceeds from disposals of property and equipment 0 159
Net cash provided by (used in) investing activities 9,936 (3,120)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from line of credit, net 3,822 5,262
Proceeds from long-term debt 0 1,540
Payments on long-term debt (2,687) (1,005)
Payments on finance leases (1,099) (1,276)
Shares withheld for taxes in connection with issuance of restricted stock (256) (130)
Net cash (used in) provided by financing activities (220) 4,391
NET (DECREASE) INCREASE IN CASH (6,526) 285
CASH beginning of the period 7,721 1,099
CASH end of the period $ 1,195 $ 1,384