v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 28,709 $ 57,606
Accounts receivable, net of allowance for credit losses of $139 and $1,004, respectively 21,090 10,040
Advances and other receivables 4,605 5,389
Inventories 10,927 8,742
Prepaid expenses and other current assets 1,770 1,243
Total current assets 67,101 83,020
Property, plant and equipment, net 15,878 15,762
Right-of-use assets, operating leases, net 8,927 9,368
Goodwill 4,824 0
Intangible assets, net 9,424 2,833
Deferred charges, net 251 401
Other non-current assets, net 1,465 553
Total assets 107,870 111,937
Current liabilities:    
Accounts payable 9,644 5,490
Accrued expenses and other current liabilities 3,548 5,389
Current portion of note payable 598 433
Current portion of operating lease liabilities 776 712
Current portion of finance lease liabilities 345 331
Total current liabilities 14,911 12,355
Long-term portion of operating lease liabilities 10,907 11,496
Long-term portion of finance lease liabilities 547 808
Deferred income taxes 147 241
Other long-term liabilities 39 45
Total non-current liabilities 11,640 12,590
Total liabilities 26,551 24,945
Commitments and contingencies – See Note 15
Shareholders' equity:    
Common stock, par value $1 per share; 24,000,000 shares authorized; 9,021,347 and 9,400,898 shares outstanding as of September 30, 2026 and December 31, 2025, respectively 11,085 11,085
Capital in excess of par value 47,976 48,276
Retained earnings 45,878 45,786
Shareholders' equity before treasury stock 104,939 105,147
Less: cost of common stock in treasury - 2,063,756 and 1,684,205 shares, respectively (23,620) (18,155)
Total shareholders' equity 81,319 86,992
Total liabilities and shareholders' equity $ 107,870 $ 111,937