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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Sales, net $ 20,179 $ 20,069 $ 58,664 $ 57,786
Expenses        
Cost of products 12,343 13,663 36,993 41,282
Selling, general and administrative 5,225 5,812 16,052 17,681
Total operating expenses 17,568 19,475 53,045 58,963
Operating income (loss) 2,611 594 5,619 (1,177)
Other (expense) income:        
Net interest expense (1) (131) (281) (429)
Gain on disposal of property, plant and equipment 0 0 2 0
Loss on investments 0 (342) (91) (831)
Other expense (6) (31) (59) (83)
Total other (expense), net (7) (504) (429) (1,343)
Income (loss) before income taxes 2,604 90 5,190 (2,520)
Provision for income tax (expense) (247) 0 (488) 0
Net income (loss) $ 2,357 $ 90 $ 4,702 $ (2,520)
Net income (loss) per share-basic: (in dollars per share) $ 0.67 $ 0.03 $ 1.33 $ (0.74)
Net income (loss) per share-diluted: (in dollars per share) $ 0.63 $ 0.03 $ 1.3 $ (0.74)
Weighted average shares outstanding-basic (in shares) 3,539,841 3,411,813 3,536,100 3,404,395
Weighted average shares outstanding-diluted (in shares) 3,751,073 3,445,022 3,623,241 3,404,395