XML 16 R4.htm IDEA: XBRL DOCUMENT v3.25.3
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
REVENUE FROM OPERATIONS        
Revenues from operations $ 70,355 $ 82,109 $ 210,630 $ 242,790
COSTS AND EXPENSES        
Crude oil, fuel use, and chemicals 62,279 80,069 187,524 221,558
Other conversion costs 7,226 4,313 14,088 14,911
Tolling and terminaling costs 174 400 436 1,220
Depreciation and amortization 644 644 1,927 1,930
Total cost of goods sold 70,323 85,426 203,975 239,619
Other operating costs        
LEH operating fee, related party 279 202 737 628
Other operating expenses [1] 117 177 361 457
General and administrative expenses 1,633 1,041 3,692 3,495
Depreciation and amortization 74 61 222 184
Impairment of fixed assets 3,026 0 3,026 0
Total cost of operations 75,452 86,907 212,013 244,383
Income (loss) from operations (5,097) (4,798) (1,383) (1,593)
OTHER INCOME (EXPENSE)        
Interest and other income 1 13 2 204
Interest and other expense (850) (1,561) (3,867) (4,558)
Total other expense (849) (1,548) (3,865) (4,354)
Income (loss) before income taxes (5,946) (6,346) (5,248) (5,947)
Income tax benefit (expense) 1,270 1,346 1,094 1,221
Net income (loss) $ (4,676) $ (5,000) $ (4,154) $ (4,726)
Income (loss) per common share:        
Basic (in dollars per share) $ (0.31) $ (0.34) $ (0.28) $ (0.32)
Diluted (in dollars per share) $ (0.31) $ (0.34) $ (0.28) $ (0.32)
Weighted average number of common shares outstanding:        
Basic (in shares) 14,921,968 14,921,968 14,921,968 14,921,968
Diluted (in shares) 14,921,968 14,921,968 14,921,968 14,921,968
Refinery Operations [Member]        
REVENUE FROM OPERATIONS        
Revenues from operations $ 69,590 $ 81,280 $ 208,253 $ 239,743
Tolling and Terminaling [Member]        
REVENUE FROM OPERATIONS        
Revenues from operations $ 765 $ 829 $ 2,377 $ 3,047
[1] Includes costs and expenses associated with our pipeline and facilities assets.