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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Perpetual Preferred Stock
Common stock
Treasury Stock
Additional paid-in capital
Accumulated deficit
Preferred stock, beginning balance (in shares) at Dec. 31, 2023   1,916,000        
Common stock, beginning balance (in shares) at Dec. 31, 2023 [1]     3,165,000      
Beginning balance at Dec. 31, 2023 $ 65,299 $ 18,988 $ 2 $ (5,728) $ 160,126 $ (108,089)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock-based compensation 58       58  
Shares issued under stock incentive plans (in shares) [1]     4,000      
Shares issued under stock incentive plans (15)       (15)  
Dividends to holders of preferred stock ($0.25 per share) (479)       (479)  
Net income (loss) (2,224)         (2,224)
Preferred stock, ending balance (in shares) at Mar. 31, 2024   1,916,000        
Common stock, ending balance (in shares) at Mar. 31, 2024 [1]     3,169,000      
Ending balance at Mar. 31, 2024 62,639 $ 18,988 $ 2 (5,728) 159,690 (110,313)
Preferred stock, beginning balance (in shares) at Dec. 31, 2023   1,916,000        
Common stock, beginning balance (in shares) at Dec. 31, 2023 [1]     3,165,000      
Beginning balance at Dec. 31, 2023 65,299 $ 18,988 $ 2 (5,728) 160,126 (108,089)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (6,011)          
Preferred stock, ending balance (in shares) at Jun. 30, 2024   1,916,000        
Common stock, ending balance (in shares) at Jun. 30, 2024 [1]     3,224,000      
Ending balance at Jun. 30, 2024 58,443 $ 18,988 $ 2 (5,728) 159,281 (114,100)
Preferred stock, beginning balance (in shares) at Mar. 31, 2024   1,916,000        
Common stock, beginning balance (in shares) at Mar. 31, 2024 [1]     3,169,000      
Beginning balance at Mar. 31, 2024 62,639 $ 18,988 $ 2 (5,728) 159,690 (110,313)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock-based compensation 70       70  
Shares issued for fractional shares in conjunction with reverse stock split (in shares) [1]     55,000      
Dividends to holders of preferred stock ($0.25 per share) (479)       (479)  
Net income (loss) (3,787)         (3,787)
Preferred stock, ending balance (in shares) at Jun. 30, 2024   1,916,000        
Common stock, ending balance (in shares) at Jun. 30, 2024 [1]     3,224,000      
Ending balance at Jun. 30, 2024 $ 58,443 $ 18,988 $ 2 (5,728) 159,281 (114,100)
Preferred stock, beginning balance (in shares) at Dec. 31, 2024   1,916,000        
Common stock, beginning balance (in shares) at Dec. 31, 2024 3,201,502 [2]   3,202,000 [1]      
Beginning balance at Dec. 31, 2024 $ 54,336 $ 18,988 $ 2 (6,007) 159,880 (118,527)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock-based compensation 51       51  
Shares issued under stock incentive plans (in shares) [1]     7,000      
Shares issued under stock incentive plans (5)       (5)  
Dividends to holders of preferred stock ($0.25 per share) (479)       (479)  
Issuance of Preferred Shares as part of acquisition (see Note 11) (in shares)   775,000        
Issuance of Preferred Shares as part of acquisition (see Note 11) 7,045 $ 7,045        
Net income (loss) (1,176)         (1,176)
Preferred stock, ending balance (in shares) at Mar. 31, 2025   2,691,000        
Common stock, ending balance (in shares) at Mar. 31, 2025 [1]     3,209,000      
Ending balance at Mar. 31, 2025 $ 59,772 $ 26,033 $ 2 (6,007) 159,447 (119,703)
Preferred stock, beginning balance (in shares) at Dec. 31, 2024   1,916,000        
Common stock, beginning balance (in shares) at Dec. 31, 2024 3,201,502 [2]   3,202,000 [1]      
Beginning balance at Dec. 31, 2024 $ 54,336 $ 18,988 $ 2 (6,007) 159,880 (118,527)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) $ 2,275          
Preferred stock, ending balance (in shares) at Jun. 30, 2025   2,691,000        
Common stock, ending balance (in shares) at Jun. 30, 2025 3,225,545 [2]   3,225,000 [1]      
Ending balance at Jun. 30, 2025 $ 62,613 $ 26,033 $ 2 (6,007) 158,837 (116,252)
Preferred stock, beginning balance (in shares) at Mar. 31, 2025   2,691,000        
Common stock, beginning balance (in shares) at Mar. 31, 2025 [1]     3,209,000      
Beginning balance at Mar. 31, 2025 59,772 $ 26,033 $ 2 (6,007) 159,447 (119,703)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock-based compensation 63       63  
Shares issued under stock incentive plans (in shares) [1]     16,000      
Dividends to holders of preferred stock ($0.25 per share) (673)       (673)  
Net income (loss) $ 3,451         3,451
Preferred stock, ending balance (in shares) at Jun. 30, 2025   2,691,000        
Common stock, ending balance (in shares) at Jun. 30, 2025 3,225,545 [2]   3,225,000 [1]      
Ending balance at Jun. 30, 2025 $ 62,613 $ 26,033 $ 2 $ (6,007) $ 158,837 $ (116,252)
[1]
*All share amounts reflect a 1 for 5 reverse stock split effective June 14, 2024, retroactively
[2]
*All share amounts reflect a 1 for 5 reverse stock split effective June 14, 2024, retroactively