v3.26.3
Industry Segments (Tables)
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Information
The following table summarizes certain information regarding segments of the Company's continuing operations:
Three Months Ended
September 30, 2026		Nine Months Ended
September 30, 2026
(in thousands)Specialty Chemicals
Corporate & Other1
Total Continuing OperationsSpecialty Chemicals
Corporate & Other1
Total Continuing Operations
Net sales$27,135 $— $27,135 $72,218 $— $72,218 
Cost of goods sold - material12,707 — 12,707 34,506 — 34,506 
Cost of goods sold - other2
6,508 — 6,508 19,862 — 19,862 
Depreciation801 — 801 2,372 — 2,372 
Gross profit7,119 — 7,119 15,478 — 15,478 
Research and development92 — 92 262 — 262 
Selling, general and administrative expense3
3,827 769 4,596 12,939 1,550 14,489 
Depreciation and amortization625 93 718 1,196 279 1,475 
Acquisition costs and other— 75 75 — 251 251 
Interest expense (income), net11 (125)(114)37 (599)(562)
Income taxes— 495 495 — 8 8 
Other expense (income)— (145)(145)(34)(503)(537)
Net income (loss)$2,564 $(1,162)$1,402 $1,078 $(986)$92 
Geographic sales4
United States$25,845 $— $25,845 $69,020 $— $69,020 
Honduras240 — 240 691 — 691 
Canada279 — 279 670 — 670 
Mexico129 — 129 534 — 534 
Australia331 — 331 412 — 412 
Colombia96 — 96 372 — 372 
Other$215 $— $215 $519 $— $519 
Three Months Ended
September 30, 2025		Nine Months Ended
September 30, 2025
(in thousands)Specialty Chemicals
Corporate & Other1
Total Continuing OperationsSpecialty Chemicals
Corporate & Other1
Total Continuing Operations
Net sales$19,697 $— $19,697 $56,183 $— $56,183 
Cost of goods sold - material8,173 — 8,173 25,351 — 25,351 
Cost of goods sold - other2
4,900 — 4,900 14,069 — 14,069 
Depreciation783 — 783 2,990 — 2,990 
Gross profit5,841 — 5,841 13,773 — 13,773 
Selling, general and administrative expense3
3,472 2,499 5,971 8,269 8,039 16,308 
Depreciation and amortization224 58 282 998 261 1,259 
Acquisition costs and other— 398 398 92 573 665 
Asset impairment— — — 1,622 1,622 
Gain on lease modification— — — — (544)(544)
Interest expense (income), net7 (454)(447)38 (385)(347)
Income taxes— 58 58 — (32)(32)
Other expense (income)— (296)(296)— (581)(581)
Net income (loss)$2,138 $(2,263)$(125)$4,376 $(8,953)$(4,577)
Geographic sales4
United States$18,586 $— $18,586 $52,679 $— $52,679 
Mexico260 — 260 946 — 946 
Canada154 — 154 578 — 578 
Colombia214 — 214 517 — 517 
The Netherlands215 — 215 585 — 585 
Honduras259 — 259 529 — 529 
Costa Rica— — — 172 — 172 
Other$9 $— $9 $177 $— $177 
As of
(in thousands)September 30, 2026December 31, 2025
Identifiable assets
Specialty Chemicals$63,655 $37,303 
Corporate and other44,215 74,634 
$107,870 $111,937 
1Corporate & Other includes corporate overhead expenses and ongoing expenses for properties under the Master Lease not assigned to a segment in which the Company is the responsible party.
2Cost of good sold - other includes manufacturing labor and overhead expenses, repair and maintenance expense, shipping expense, scrap and shrinkage expense, and other operational manufacturing overhead expenses.
3Selling, general and administrative expenses include sales and administrative salaries, wages and benefits and overhead expenses, professional fees, corporate overhead allocation expense and other administrative overhead expenses.
4Geographic sales are attributed to countries based on the location of the customer.