Business Segments (Tables)

3 Months Ended

Mar. 31, 2023

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
	March 31,						March 31,						March 31,
	2023			2022			2023			2022			2023			2022
Revenues from unaffiliated customers	$	9,060		$	9,168		$	1,742		$	2,000		$	10,802		$	11,168
Cost of goods sold, inclusive of depreciation		(8,076)			(6,496)			(1,811)			(1,715)			(9,887)		$	(8,211)
Gross profit (loss)		984			2,672			(69)			285			915			2,957
Gross margin %		10.9	%		29.1	%		(4.0)	%		14.3	%		8.5	%		26.5	%
Operating expenses:
Selling, general and administrative		(2,175)			(2,093)			(651)			(408)			(2,826)			(2,501)
Total operating costs and expenses		(10,251)			(8,589)			(2,462)			(2,123)			(12,713)			(10,712)
Operating (loss)/income		(1,191)			579			(720)			(123)			(1,911)			456
Other (expenses)/income:
Interest expense		(53)			(70)			—			—			(53)			(70)
Gain on sale of equipment		—			26			—			—			—			26
Total other expenses, net		(53)			(44)			—			—			(53)			(44)
(Loss)/income before income tax provision		(1,244)			535			(720)			(123)			(1,964)			412
Income tax benefit/(provision)		264			(113)			153			26			417			(87)
Net (loss)/income	$	(980)		$	422		$	(567)		$	(97)		$	(1,547)		$	325
Total assets	$	36,096		$	42,382		$	9,753		$	9,546		$	45,849		$	51,928
Capital expenditures, net	$	302		$	77		$	135		$	—		$	437		$	77
Foreign derived sales	$	2,023		$	2,962		$	63		$	37		$	2,086		$	2,999