Business Segments (Tables)

9 Months Ended

Sep. 30, 2022

Business Segments

Schedule of information regarding operations in business segment

	($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,
	2022			2021			2022			2021			2022			2021
Revenues from unaffiliated customers	$	8,823		$	8,449		$	2,168		$	2,466		$	10,991		$	10,915
Cost of goods sold, inclusive of dep. & amort.		(7,973)			(6,762)			(1,495)			(2,381)			(9,468)			(9,143)
Gross profit		850			1,687			673			85			1,523			1,772
Gross margin %		9.6	%		20.0	%		31.0	%		3.4	%		13.9	%		16.2	%
Selling, general and administrative		(1,541)			(2,240)			(402)			(481)			(1,943)			(2,721)
Legal settlement awards		—			(1,800)			—			(90)			—			(1,890)
Total operating costs and expenses		(9,514)			(10,802)			(1,897)			(2,952)			(11,411)			(13,754)
Operating (loss)/income		(691)			(2,353)			271			(486)			(420)			(2,839)
Employee retention credit (ERC)		—			1,598			—			380			—			1,978
Paycheck Protection Program loan forgiveness		—			4,000			—			—			—			4,000
Interest expense		(50)			(5)			—			—			(50)			(5)
Total other (expense)/income		(50)			5,593			—			380			(50)			5,973
(Loss)/ income before income taxes		(741)			3,240			271			(106)			(470)			3,134
Income tax (benefit)/provision		(203)			(83)			49			(21)			(154)			(104)
Net (loss)/income	$	(538)		$	3,323		$	222		$	(85)		$	(316)		$	3,238
Capital expenditures	$	451		$	54		$	46		$	1		$	497		$	55

	($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,
	2022			2021			2022			2021			2022			2021
Revenues from unaffiliated customers	$	26,739		$	23,495		$	6,650		$	6,508		$	33,389		$	30,003
Cost of goods sold, inclusive of dep. & amort.		(22,843)			(19,214)			(5,217)			(6,152)			(28,060)			(25,366)
Gross profit		3,896			4,281			1,433			356			5,329			4,637
Gross margin %		14.6	%		18.2	%		21.5	%		5.5	%		16.0	%		15.5	%
Selling, general and administrative		(4,890)			(5,586)			(1,306)			(1,317)			(6,196)			(6,903)
Legal settlement awards		—			(1,800)			—			(90)			—			(1,890)
Total operating costs and expenses		(27,733)			(26,600)			(6,523)			(7,559)			(34,256)			(34,159)
Operating (loss)/income		(994)			(3,105)			127			(1,051)			(867)			(4,156)
Employee retention credit (ERC)		—			4,584			—			1,038			—			5,622
Paycheck Protection Program loan forgiveness		—			4,000			—			—			—			4,000
Interest expense		(194)			(130)			—			(2)			(194)			(132)
Gain on sale of equipment		26			—			—			—			26			—
Total other (expense)/income		(168)			8,454			—			1,036			(168)			9,490
(Loss)/income before income taxes		(1,162)			5,349			127			(15)			(1,035)			5,334
Income tax (benefit)/provision		(263)			370			29			(1)			(234)			369
Net (loss)/income	$	(899)		$	4,979		$	98		$	(14)		$	(801)		$	4,965
Capital expenditures	$	841		$	64		$	46		$	4		$	887		$	68