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Business Segments (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The operating results of the Company’s reportable segments were as follows for the periods presented:


Three Months Ended
March 31, 2025
Rail, Technologies, and Services Infrastructure SolutionsTotal
Net sales$54,015 $43,777 $97,792 
Less:
Cost of sales(41,986)(35,655)(77,641)
Selling and administrative employment costs(7,399)(5,564)(12,963)
Purchased services(1)
(1,673)(1,358)(3,031)
General administrative costs(2)
(1,993)(1,342)(3,335)
Amortization expense(820)(302)(1,122)
Segment operating income (loss)$144 $(444)$(300)
Reconciliation of segment operating loss
Total segment operating loss$(300)
Interest expense - net(1,143)
Other income - net 318 
Public company costs(1,154)
Corporate executive management costs(220)
Corporate management stock-based compensation(278)
Other corporate expenses - net29 
Loss before income taxes$(2,748)
(1) Purchased services costs include contractor services, insurance expenditures, rental expense, and legal services.
(2) General administrative costs generally include office supplies, utilities, advertising, bad debt expense, depreciation and restructuring expenditures.
Three Months Ended
March 31, 2024
Rail, Technologies, and Services Infrastructure SolutionsTotal
Net sales$82,623 $41,697 $124,320 
Less:
  Cost of sales(64,052)(34,092)(98,144)
Selling and administrative employment costs(7,482)(5,818)(13,300)
Purchased services(1)
(1,939)(1,578)(3,517)
General administrative costs(2)
(1,501)(1,251)(2,752)
Amortization expense(871)(346)(1,217)
Segment operating income (loss)$6,778 $(1,388)$5,390 
Reconciliation of segment operating income
Total segment operating income$5,390 
Gain on sale of former joint venture facility3,477 
Interest expense - net(1,125)
Other income - net253 
Public company costs(1,219)
Corporate executive management costs(1,407)
Corporate management stock-based compensation(599)
Other corporate expenses(76)
Income before income taxes$4,694 

(1) Purchased services costs include contractor services, insurance expenditures, rental expense, and legal services.
(2) General administrative costs generally include office supplies, utilities, advertising, bad debt expense, depreciation and restructuring expenditures.
Reconciliations of reportable depreciation and amortization and expenditures for long-lived assets to the Company’s consolidated totals are as follows for the periods ended March 31:
Three Months Ended
March 31, 2025
Depreciation/AmortizationExpenditures for Long-Lived Assets
Rail, Technologies, and Services$1,168 $427 
Infrastructure Solutions1,764 2,038 
Reportable segments total$2,932 $2,465 
Corporate495 110 
Total$3,427 $2,575 
Three Months Ended
March 31, 2024
Depreciation/AmortizationExpenditures for Long-Lived Assets
Rail, Technologies, and Services$1,221 $536 
Infrastructure Solutions1,911 2,033 
Reportable segments total$3,132 $2,569 
Corporate459 143 
Total$3,591 $2,712 

The following table summarizes the Company's total assets by reportable segment for the following periods:
March 31,
2025
December 31,
2024
Rail, Technologies, and Services$149,333 $158,859 
Infrastructure Solutions131,689 123,755 
  Reportable segments total281,022 282,614 
Corporate61,804 51,936 
Total$342,826 $334,550