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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 742 $ 760
Accounts receivable, net 23,469 23,759
Inventories, net 13,770 11,951
Prepaid expenses and other current assets:    
Prepaid expenses and other 3,270 5,643
Refundable taxes 3,738 4,027
Total current assets 44,989 46,140
Property, plant, and equipment, net 22,567 22,383
Goodwill 16,996 22,111
Intangible assets 5,161 7,605
Other assets:    
Operating leases 9,776 10,415
Investments, at cost 1,054 1,054
Deposits and other assets 755 579
Deferred tax asset 2,379 893
Total assets 103,677 111,180
Current Liabilities:    
Accounts payable 10,056 10,892
Current maturities of long-term debt 28,884 35,864
Income taxes payable 303 204
Revolver, current maturities 19,541 11,494
Accrued compensation 1,149 792
Other accrued liabilities 3,478 4,551
Total current liabilities 63,411 63,797
Long-term debt, net of current portion 0 2,999
Other long-term liabilities:    
Other long term liabilities 9,139 10,519
Total liabilities 72,550 77,315
Stockholders’ Equity:    
Common stock, $0.001 par value – 15,000,000 shares authorized and 11,733,147 and 9,779,147 issued and outstanding at December 31, 2021 and December 31, 2020, respectively 12 10
Additional paid-in-capital 50,349 46,126
Accumulated deficit (19,234) (12,271)
Total stockholders’ equity 31,127 33,865
Total liabilities and stockholders’ equity $ 103,677 $ 111,180