v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ (10,270) $ (1,077)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 15,913 15,619
Amortization 6,270 3,466
Allowance for doubtful accounts 113 46
Inventory excess and obsolescence reserve 921 (187)
Stock-based compensation expense 2,302 2,108
Gain on disposal of property, plant and equipment (4) 5
Impairment of long-lived assets 1,544  
Deferred compensation (415) 732
Loss on extinguishment of debt 134  
Non-cash lease expense 3,141 2,644
Other non-cash adjustments (181) 141
Changes in operating assets and liabilities:    
Accounts receivable (19,775) (1,593)
Inventories (10,803) 996
Tooling in progress 609 983
Prepaids and other current assets (859) (168)
Accounts payable 12,446 7,390
Deferred income taxes (4,300) (1,075)
Operating lease obligations (3,325) (2,596)
Accrued liabilities 5,215 (4,127)
Net cash provided by (used in) operating activities (1,325) 23,307
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, plant and equipment (12,263) (5,408)
Proceeds from sale of property, plant and equipment 6 6
Net cash used in investing activities (12,257) (5,402)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from bank revolving credit notes 890,101 560,363
Payments on bank revolving credit notes (966,908) (570,808)
Proceeds from stock offering 93,884  
Payments of financing costs (398) (793)
Shares withheld for employees' taxes (1,169) (1,335)
Purchase of treasury stock   (4,607)
Payments on finance leases (1,227) (725)
Net cash provided by (used in) financing activities 14,283 (17,905)
Net increase (decrease) in cash and cash equivalents 701  
Cash and cash equivalents at beginning of period 1,502 206
Cash and cash equivalents at end of period 2,203 206
Supplemental disclosure of cash flow information:    
Cash paid for interest 6,981 3,208
Cash paid for income taxes 436 2,301
Non-cash property, plant and equipment $ 1,735 $ 1,129