v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 60,479 $ 16,098
Accounts receivable, net of allowance for credit losses of $1,067 and $202, respectively 12,345 12,232
Advances and other receivables 5,352 52
Inventories 6,666 5,727
Prepaid expenses and other current assets 2,069 1,122
Current assets of discontinued operations 0 47,841
Total current assets 86,911 83,072
Property, plant and equipment, net 16,242 17,589
Right-of-use assets, operating leases, net 15,401 28,140
Intangible assets, net 3,139 3,445
Deferred charges, net 376 309
Other non-current assets, net 511 512
Long-term assets of discontinued operations 0 14,183
Total assets 122,580 147,250
Current liabilities:    
Accounts payable 5,197 6,836
Accrued expenses and other current liabilities 5,484 3,598
Current portion of note payable 1,084 369
Current portion of operating lease liabilities 1,016 1,495
Current portion of finance lease liabilities 301 293
Current liabilities of discontinued operations 0 9,756
Total current liabilities 13,082 22,347
Long-term portion of operating lease liabilities 18,823 29,972
Long-term portion of finance lease liabilities 862 1,015
Deferred income taxes 49 320
Other long-term liabilities 48 51
Total non-current liabilities 19,782 31,358
Total liabilities 32,864 53,705
Commitments and contingencies – See Note 13
Shareholders' equity:    
Common stock, par value $1 per share; 24,000,000 shares authorized; 9,430,183 and 10,072,590 shares outstanding as of June 30, 2025 and December 31, 2024, respectively 11,085 11,085
Capital in excess of par value 47,375 47,339
Retained earnings 48,912 44,919
Shareholders' equity before treasury stock 107,372 103,343
Less: cost of common stock in treasury - 1,654,920 and 1,012,513 shares, respectively (17,656) (9,798)
Total shareholders' equity 89,716 93,545
Total liabilities and shareholders' equity $ 122,580 $ 147,250