XML 15 R4.htm IDEA: XBRL DOCUMENT v3.26.1
Condensed Consolidated Statements of Operations (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenue    
Total revenue $ 13,286 $ 12,457
Operating Expenses    
Operations and maintenance 4,183 3,687
General and administrative 4,453 4,187
Depreciation, amortization and accretion 4,261 3,328
Total operating expenses 12,897 11,202
Operating Income 389 1,255
Other Income (Expense)    
Interest income 39 99
Interest expense (1,650) (1,478)
Other, net 751 898
Total other expense (860) (481)
Income (Loss) Before Income Taxes (471) 774
Income Tax Benefit (Expense) 105 (183)
Net Income (Loss) $ (366) $ 591
Basic earnings (loss) per common share (in dollars per share) $ (0.01) $ 0.02
Diluted earnings (loss) per common share (in dollars per share) (0.01) 0.02
Dividends declared per common share (in dollars per share) $ 0.08 $ 0.08
Weighted average number of common shares used in the determination of:    
Basic (in shares) 28,758,361 24,370,052
Diluted (in shares) 28,758,361 24,434,283
Water service    
Revenue    
Total revenue $ 6,606 $ 5,980
Wastewater and recycled water service    
Revenue    
Total revenue $ 6,680 $ 6,477