Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Operations (Unaudited)

v3.25.0.1
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        
Total sales $ 20,144 $ 19,674 $ 55,664 $ 53,060
COST OF SALES:        
Total cost of sales 14,192 13,275 38,632 36,004
GROSS PROFIT 5,952 6,399 17,032 17,056
OPERATING EXPENSES:        
General and administrative expenses 8,136 5,732 20,993 17,968
Total operating expenses 8,136 5,732 20,993 17,968
(LOSS) INCOME FROM OPERATIONS (2,184) 667 (3,961) (912)
OTHER INCOME:        
Other (expense) income (22) 202 (6) 219
Interest income 64 183 239 467
Realized gain on investments 103 77 176 98
Total other income 145 462 409 784
(LOSS) INCOME BEFORE INCOME TAXES (2,039) 1,129 (3,552) (128)
Provision (benefit) for income taxes (1) (136) 2 15
NET (LOSS) INCOME $ (2,038) $ 1,265 $ (3,554) $ (143)
NET (LOSS) INCOME PER COMMON SHARE        
Basic (in Dollars per share) $ (0.11) $ 0.07 $ (0.19) $ (0.01)
Diluted (in Dollars per share) $ (0.11) $ 0.04 $ (0.19) $ (0.01)
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING        
Basic (in Shares) 18,589,086 18,534,772 18,584,359 18,514,875
Diluted (in Shares) 18,589,086 29,239,195 18,584,359 18,514,875
Sales        
SALES        
Total sales $ 19,730 $ 18,951 $ 55,204 $ 52,207
Sales – Related Parties        
SALES        
Total sales 414 723 460 853
Cost of Sales        
COST OF SALES:        
Total cost of sales 13,873 12,719 38,278 35,348
Cost of Sales - Related Parties        
COST OF SALES:        
Total cost of sales $ 319 $ 556 $ 354 $ 656