| Schedule of Reportable Segment Reconciled to the Company’s Consolidated Totals |
The following tables present financial information
regarding the Company’s reportable segment reconciled to the Company’s consolidated totals.
| | |
Three Months Ended June 30, | |
| | |
2025 | | |
2024 | |
| | |
TotalStone | | |
Parent | | |
Eliminations | | |
Consolidated | | |
TotalStone | | |
Parent | | |
Eliminations | | |
Consolidated | |
| Income (loss) from operations before taxes: | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
| Sales | |
$ | 12,852 | | |
$ | — | | |
$ | — | | |
$ | 12,852 | | |
$ | 12,886 | | |
$ | — | | |
$ | — | | |
$ | 12,886 | |
| Cost of goods sold | |
| 9,722 | | |
| — | | |
| — | | |
| 9,722 | | |
| 10,122 | | |
| — | | |
| — | | |
| 10,122 | |
| Gross Profit | |
| 3,130 | | |
| — | | |
| | | |
| 3,130 | | |
| 2,764 | | |
| — | | |
| — | | |
| 2,764 | |
| Selling, general and administrative expenses | |
| 2,545 | | |
| 845 | | |
| — | | |
| 3,390 | | |
| 2,718 | | |
| 92 | | |
| (60 | ) | |
| 2,750 | |
| Income (loss) from operations | |
$ | 585 | | |
$ | (845 | ) | |
$ | — | | |
$ | (260 | ) | |
$ | 46 | | |
$ | (92 | ) | |
$ | 60 | | |
$ | 14 | |
| Interest expense | |
| (417 | ) | |
| (23 | ) | |
| — | | |
| (440 | ) | |
| (382 | ) | |
| (12 | ) | |
| — | | |
| (394 | ) |
| Other income (expense) net | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 60 | | |
| (60 | ) | |
| — | |
| Income (loss) from operations before taxes | |
$ | 168 | | |
$ | (868 | ) | |
$ | — | | |
$ | (700 | ) | |
$ | (336 | ) | |
$ | (44 | ) | |
$ | — | | |
$ | (380 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Other financial information: | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Depreciation & amortization | |
$ | 114 | | |
$ | — | | |
$ | — | | |
$ | 114 | | |
$ | 121 | | |
$ | — | | |
$ | — | | |
$ | 121 | |
| Capital expenditures | |
| 2 | | |
| — | | |
| — | | |
| 2 | | |
| 21 | | |
| — | | |
| — | | |
| 21 | |
| | |
Six Months Ended June 30, | |
| | |
2025 | | |
2024 | |
| | |
TotalStone | | |
Parent | | |
Eliminations | | |
Consolidated | | |
TotalStone | | |
Parent | | |
Eliminations | | |
Consolidated | |
| Income (loss) from operations before taxes: | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
| Sales | |
$ | 20,751 | | |
$ | — | | |
$ | — | | |
$ | 20,751 | | |
$ | 22,245 | | |
$ | — | | |
$ | — | | |
$ | 22,245 | |
| Cost of goods sold | |
| 16,296 | | |
| — | | |
| — | | |
| 16,296 | | |
| 17,737 | | |
| — | | |
| — | | |
| 17,737 | |
| Gross Profit | |
| 4,455 | | |
| — | | |
| | | |
| 4,455 | | |
| 4,508 | | |
| — | | |
| — | | |
| 4,508 | |
| Selling, general and administrative expenses | |
| 4,944 | | |
| 1,409 | | |
| (210 | ) | |
| 6,143 | | |
| 5,153 | | |
| 178 | | |
| (120 | ) | |
| 5,211 | |
| (Loss) income from operations | |
$ | (489 | ) | |
$ | (1,409 | ) | |
$ | 210 | | |
$ | (1,688 | ) | |
$ | (645 | ) | |
$ | (178 | ) | |
$ | 120 | | |
$ | (703 | ) |
| Interest expense | |
| (695 | ) | |
| (45 | ) | |
| — | | |
| (740 | ) | |
| (745 | ) | |
| (29 | ) | |
| — | | |
| (774 | ) |
| Other income (expense) net | |
| 150 | | |
| 60 | | |
| (210 | ) | |
| — | | |
| — | | |
| 120 | | |
| (120 | ) | |
| — | |
| Loss from operations before taxes | |
$ | (1,034 | ) | |
$ | (1,394 | ) | |
$ | — | | |
$ | (2,428 | ) | |
$ | (1,390 | ) | |
$ | (87 | ) | |
$ | — | | |
$ | (1,477 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Other financial information: | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Depreciation & amortization | |
$ | 230 | | |
$ | — | | |
$ | — | | |
$ | 230 | | |
$ | 242 | | |
$ | — | | |
$ | — | | |
$ | 242 | |
| Capital expenditures | |
| 2 | | |
| — | | |
| — | | |
| 2 | | |
| 121 | | |
| — | | |
| — | | |
| 121 | |
| | |
As of June 30, 2025 | | |
As of December 31, 2024 | |
| | |
TotalStone | | |
Parent | | |
Eliminations | | |
Consolidated | | |
TotalStone | | |
Parent | | |
Eliminations | | |
Consolidated | |
| Total assets | |
$ | 43,268 | | |
$ | 9,022 | | |
$ | (405 | ) | |
$ | 51,885 | | |
$ | 40,468 | | |
$ | 7,858 | | |
$ | (1,105 | ) | |
$ | 47,221 | |
|