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Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Net sales $ 26,461 $ 27,292 $ 53,901 $ 55,457
Cost of Goods Sold 24,020 24,967 48,455 50,171
Gross Profit 2,441 2,325 5,446 5,286
Operating Expenses        
Selling Expenses 730 797 1,351 1,558
General and Administrative Expenses 1,662 2,737 3,655 5,041
Total Operating Expenses 2,392 3,534 5,006 6,599
Income (Loss) From Operations 49 (1,209) 440 (1,313)
Other Expense        
Interest Expense (176) (279) (400) (524)
(Loss) Income Before Income Taxes (127) (1,488) 40 (1,837)
Income Tax (Benefit) Expense (4) 64 26 78
Net (Loss) Income $ (123) $ (1,552) $ 14 $ (1,915)
Net (Loss) Income Per Common Share - Basic (in dollars per share) $ (0.05) $ (0.58) $ 0.01 $ (0.72)
Weighted Average Number of Common Shares Outstanding - Basic (in shares) 2,657,530 2,676,449 2,657,530 2,672,758
Net (Loss) Income Per Common Share - Diluted (in dollars per share) $ (0.05) $ (0.58) $ 0.01 $ (0.72)
Weighted Average Number of Common Shares Outstanding - Diluted (in shares) 2,657,530 2,676,449 2,666,532 2,672,758
Foreign currency translation $ 19 $ (56) $ (42)
Comprehensive Loss, net of tax $ (104) $ (1,608) $ (28) $ (1,915)