XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Revenue $ 11,582,000 $ 8,823,000 $ 31,291,000 $ 26,739,000
Costs and expenses:        
Costs of goods sold, inclusive of depreciation and amortization 9,083,000 7,596,000 26,252,000 21,814,000
Gross profit 2,499,000 1,227,000 5,039,000 4,925,000
Operating expenses:        
Selling, general and administrative 2,219,000 1,918,000 7,663,000 5,919,000
Total operating costs and expenses 11,302,000 9,514,000 33,915,000 27,733,000
Operating income/(loss) 280,000 (691,000) (2,624,000) (994,000)
Other (expense)/income:        
Interest expense (98,000) (50,000) (239,000) (194,000)
Gain on sale of equipment       26,000
Total other (expense)/income, net (98,000) (50,000) (239,000) (168,000)
Income/(loss) from continuing operations before income taxes 182,000 (741,000) (2,863,000) (1,162,000)
Income tax benefit/(expense) 0 154,000 (1,063,000) 234,000
Income/(loss) from continuing operations 182,000 (587,000) (3,926,000) (928,000)
(Loss)/income from discontinued operation, net of tax (Note 2) (386,000) 271,000 (7,326,000) 127,000
Net loss $ (204,000) $ (316,000) $ (11,252,000) $ (801,000)
Basic        
Continuing operations $ 0.07 $ (0.24) $ (1.59) $ (0.38)
Discontinued operation (0.16) 0.11 (2.97) 0.05
Net loss per share (0.09) (0.13) (4.56) (0.33)
Diluted        
Continuing operations 0.07 (0.24) (1.59) (0.38)
Discontinued operation (0.16) 0.11 (2.97) 0.05
Net loss per share $ (0.09) $ (0.13) $ (4.56) $ (0.33)