v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 7,087 $ 5,571
Accounts receivable, net of allowance for credit losses and discounts & allowances of $2,800 and $1,730 at June 30, 2026 and December 31, 2025, respectively 22,861 16,643
Inventories, net 13,987 11,890
Prepaid expenses and other current assets 2,526 2,627
Refundable income taxes 728 325
Total current assets 47,189 37,056
Property, plant and equipment, net 65,596 48,282
Operating lease right-of-use asset 521 465
Goodwill 11,704 11,704
Intangible assets, net 5,548 5,818
Other assets 1,841 2,285
Total assets 132,399 105,610
Current liabilities    
Accounts payable 17,483 11,008
Accrued expenses 4,745 5,413
Accrued income taxes 304 218
Total current liabilities 22,532 16,639
Line of credit 21,945 0
Operating lease liabilities 393 360
Deferred income taxes, net 2,792 2,792
Other long-term liabilities 163 0
Total liabilities 47,825 19,791
Commitments and contingencies (Note 9)
Stockholders’ equity    
Preferred stock, no par value; 2,500 shares authorized; none issued 0 0
Common stock, no par value; 40,000 shares authorized; 17,274 shares issued; 15,105 and 15,232 outstanding at June 30, 2026 and December 31, 2025, respectively 6,509 6,509
Treasury stock, at cost (17,217) (13,214)
Paid-in capital 1,800 3,843
Retained earnings 93,482 88,681
Total stockholders’ equity 84,574 85,819
Total liabilities and stockholders’ equity $ 132,399 $ 105,610