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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 2,541 $ 2,060
Accounts receivable, net 8,890 10,323
Inventories, net 327 386
Prepaid expenses and other current assets 3,623 2,764
Total current assets 15,381 15,533
Property, plant and equipment:    
Cost 103,407 101,827
Less accumulated depreciation (49,515) (47,140)
Property, plant and equipment, net 53,892 54,687
Goodwill 4,453 4,453
Investments in foreign joint ventures 12,524 12,325
Right-of-use assets and other noncurrent assets 353 338
Total assets 86,603 87,336
Current liabilities:    
Accounts payable 5,228 5,556
Accrued liabilities 7,411 7,613
Current portion of long-term notes payable 883 963
Current portion of long-term notes payable - related parties 1,103 1,168
Current portion of finance and operating lease obligations 310 327
Total current liabilities 14,935 15,627
Long-term notes payable, net of current portion 7,788 7,753
Long-term notes payable, net of current portion - related parties 1,839 2,435
Long-term portion of finance and operating lease obligations 390 393
Other noncurrent liabilities 90 69
Total liabilities 25,042 26,277
Commitments and contingencies (Note 10)
Stockholders’ Equity:    
Preferred Stock; $0.001 par value, 1,000,000 shares authorized, no shares issued and outstanding at March 31, 2022 and December 31, 2021 0 0
Common stock; $0.001 par value, 37,500,000 shares authorized, 18,192,602 and 17,691,268 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 18 18
Additional paid-in capital 98,406 97,875
Accumulated other comprehensive income 728 351
Accumulated deficit (37,591) (37,185)
Total stockholders’ equity 61,561 61,059
Total liabilities and stockholders’ equity $ 86,603 $ 87,336