Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.22.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]    
Net sales $ 36,075 $ 20,157
Cost of products sold 29,331 19,243
Gross profit 6,744 914
Other expenses and income:    
Selling, general and administrative 5,485 4,832
Selling, general and administrative – amortization 274 91
Operating income (loss) 985 (4,009)
Other income, net (63) (160)
Interest income (8) (17)
Interest expense 165 39
Income (loss) before provision (benefit) for income taxes 891 (3,871)
Provision (benefit) for income taxes 215 (745)
Net income (loss) $ 676 $ (3,126)
Basic:    
Net income (loss) $ 0.06 $ (0.31)
Diluted:    
Net income (loss) $ 0.06 $ (0.31)
Weighted average common shares outstanding:    
Basic 10,610 10,199
Diluted 10,630 10,199
Dividends declared per share $ 0 $ 0.11