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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenue from product sales        
Total revenue from product sales $ 12,966,000 $ 16,798,000 $ 41,558,000 $ 48,056,000
Inventory write-down 113,000.0 0 288,000 0
Cost of sales for product sales 13,003,000 16,114,000 40,994,000 44,662,000
Gross (loss) profit (150,000) 684,000 276,000 3,394,000
Selling, general and administrative expenses 1,067,000 891,000 3,070,000 2,710,000
(Loss) income before other income (expense) (1,217,000) (207,000) (2,794,000) 684,000
Other income (expense)        
Interest expense, including loan fee amortization (147,000) (292,000) (470,000) (817,000)
Gain on sale of assets 3,000 0 3,000 0
Gain on insurance proceeds 0 0 38,000 487,000
Other income, net 1,000 15,000 1,000 15,000
Total other expense, net (143,000) (277,000) (428,000) (315,000)
(Loss) income before income taxes (1,360,000) (484,000) (3,222,000) 369,000
Income tax provision 0 (7,000) 6,000 13,000
Net (loss) income $ (1,360,000) $ (477,000) $ (3,228,000) $ 356,000
Basic (loss) earnings per share (in dollars per share) $ (0.17) $ (0.06) $ (0.40) $ 0.04
Diluted (loss) earnings per share (in dollars per share) $ (0.17) $ (0.06) $ (0.40) $ 0.04
Weighted average shares outstanding:        
Basic (in Shares) 8,156 8,108 8,124 8,100
Diluted (in Shares) 8,156 8,108 8,124 8,166
Ferrous operations [Member]        
Revenue from product sales        
Total revenue from product sales $ 5,065,000 $ 7,738,000 $ 18,683,000 $ 22,786,000
Non-ferrous operations [Member]        
Revenue from product sales        
Total revenue from product sales 7,738,000 8,806,000 22,347,000 24,413,000
Auto parts operations and other [Member]        
Revenue from product sales        
Total revenue from product sales $ 163,000 $ 254,000 $ 528,000 $ 857,000