Business Segments (Tables)

9 Months Ended

Sep. 30, 2021

Business Segments

Schedule of information regarding operations in business segment

	($000’s omitted except per share data)
	ATG						CPG						Consolidated
	Nine Months Ended						Nine Months Ended						Nine Months Ended
	September 30,						September 30,						September 30,
	2021			2020			2021			2020			2021			2020
Revenues from unaffiliated customers	$	23,495		$	33,228		$	6,508		$	6,021		$	30,003		$	39,249
Cost of goods sold, inclusive of depreciation		(19,214)			(26,495)			(6,152)			(5,187)			(25,366)			(31,682)
Gross margin		4,281			6,733			356			834			4,637			7,567
Gross margin %		18.2	%		20.3	%		5.5	%		13.9	%		15.5	%		19.3	%
Selling, general and administrative		(5,586)			(4,857)			(1,317)			(1,255)			(6,903)			(6,112)
Legal settlement awards		(1,800)			—			(90)			—			(1,890)			—
Total operating costs and expenses		(26,600)			(31,352)			(7,559)			(6,442)			(34,159)			(37,794)
Operating (loss)/income		(3,105)			1,876			(1,051)			(421)			(4,156)			1,455
Employee retention credit (ERC)		4,584			—			1,038			—			5,622			—
Paycheck Protection Program loan forgiveness		4,000			—			—						4,000			—
Interest expense		(130)			(125)			(2)			(9)			(132)			(134)
Total other income (expense)		8,454			(125)			1,036			(9)			9,490			(134)
Income (loss) before income tax provision		5,349			1,751			(15)			(430)			5,334			1,321
Income tax provision (benefit)		370			318			(1)			(78)			369			240
Net income (loss)	$	4,979		$	1,433		$	(14)		$	(352)		$	4,965		$	1,081
Capital expenditures	$	64		$	640		$	4		$	68		$	68		$	708

	($000’s omitted except per share data)
	ATG						CPG						Consolidated
	Three Months Ended						Three Months Ended						Three Months Ended
	September 30,						September 30,						September 30,
	2021			2020			2021			2020			2021			2020
Revenues from unaffiliated customers	$	8,449		$	8,184		$	2,466		$	2,113		$	10,915		$	10,297
Cost of goods sold, inclusive of depreciation		(6,762)			(8,635)			(2,381)			(1,827)			(9,143)			(10,462)
Gross margin		1,687			(451)			85			286			1,772			(165)
Gross margin %		20.0	%		(5.5)	%		3.4	%		13.5	%		16.2	%		(1.6)	%
Selling, general and administrative		(2,240)			(1,712)			(481)			(384)			(2,721)			(2,096)
Legal settlement awards		(1,800)			—			(90)			—			(1,890)			—
Total operating costs and expenses		(10,802)			(10,347)			(2,952)			(2,211)			(13,754)			(12,558)
Operating loss		(2,353)			(2,163)			(486)			(98)			(2,839)			(2,261)
Employee retention credit (ERC)		1,598			—			380			—			1,978			—
Paycheck Protection Program loan forgiveness		4,000			—			—			—			4,000			—
Interest expense		(5)			(41)			—			(1)			(5)			(42)
Total other income (expense)		5,593			(41)			380			(1)			5,973			(42)
Income (loss) before income tax provision		3,240			(2,204)			(106)			(99)			3,134			(2,303)
Income tax benefit		(83)			(512)			(21)			(9)			(104)			(521)
Net income (loss)	$	3,323		$	(1,692)		$	(85)		$	(90)		$	3,238		$	(1,782)
Capital expenditures	$	54		$	99		$	1		$	16		$	55		$	115