Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Operations

v3.26.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
SALES    
Total sales $ 116,191 $ 82,654
COST OF SALES:    
Total cost of sales 81,962 56,841
GROSS PROFIT 34,229 25,813
OPERATING EXPENSES:    
General and administrative expenses 36,186 30,707
Total operating expenses 36,186 30,707
LOSS FROM OPERATIONS (1,957) (4,894)
OTHER INCOME:    
Other income 937 38
Interest income 296 305
Change in fair value of contingent earn-out liability 208
Realized gain on investments 97 208
Total other income 1,330 759
LOSS BEFORE INCOME TAXES (627) (4,135)
Provision for income taxes 120 5
NET LOSS $ (747) $ (4,140)
NET LOSS PER COMMON SHARE    
Basic (in Dollars per share) $ (0.04) $ (0.22)
Diluted (in Dollars per share) $ (0.04) $ (0.22)
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING    
Basic (in Shares) 18,458,827 18,587,607
Diluted (in Shares) 18,458,827 18,587,607
Sales    
SALES    
Total sales $ 116,191 $ 82,194
Sales – related parties    
SALES    
Total sales 460
Cost of sales    
COST OF SALES:    
Total cost of sales 81,962 56,487
Cost of sales - related parties    
COST OF SALES:    
Total cost of sales $ 354