10. Discontinued Operations

The Company’s discontinued operations consist of all our subsidiaries included in our previous Industrial Segment which encompasses subsidiaries divested in 2011 and prior and three previously closed locations.

The Company’s discontinued operations reported net income of $62,000 and a net loss of $133,000 (net of income taxes of $0 for each period) for the three months ended June 30, 2026 and 2025, respectively, and net losses of $50,000 and $206,000 (net of income taxes of $0 for each period) for the six months ended June 30, 2026 and 2025, respectively. The results of discontinued operations primarily reflect costs incurred in the administration and continued monitoring of the Company’s discontinued operations. The Company’s discontinued operations generated no revenues during any of the periods presented. During the second quarter of 2026, the Company recorded a receivable and a corresponding reduction in expense of approximately $130,000 related to a member-approved reimbursement of contributions and expenses in connection with the Company’s participation in an association of PRP.

The following table presents the major class of assets of discontinued operations as of June 30, 2026, and December 31, 2025. No assets and liabilities were held for sale at each of the periods noted.

Schedule of Disposal Groups, Including Discontinued Operation Balance Sheet