Quarterly report pursuant to Section 13 or 15(d)

Note 15 - Segments (Tables)

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Note 15 - Segments (Tables)
3 Months Ended
Mar. 31, 2024
Notes Tables  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
   

Three Months Ended

   

Three Months Ended

 
   

March 31,

   

March 31,

 
   

2024

   

2023

 

Net sales

               

Work Truck Attachments

  $ 23,840     $ 19,246  

Work Truck Solutions

    71,815       63,299  
    $ 95,655     $ 82,545  

Adjusted EBITDA

               

Work Truck Attachments

  $ (4,468 )   $ (10,231 )

Work Truck Solutions

    6,002       2,857  
    $ 1,534     $ (7,374 )

Depreciation and amortization expense

               

Work Truck Attachments

  $ 3,347     $ 3,338  

Work Truck Solutions

    1,998       2,019  
    $ 5,345     $ 5,357  

Assets

               

Work Truck Attachments

  $ 374,045     $ 387,909  

Work Truck Solutions

    203,031       197,379  
    $ 577,076     $ 585,288  

Capital Expenditures

               

Work Truck Attachments

  $ 675     $ 932  

Work Truck Solutions

    99       536  
    $ 774     $ 1,468  

Adjusted EBITDA

               

Work Truck Attachments

  $ (4,468 )   $ (10,231 )

Work Truck Solutions

    6,002       2,857  

Total Adjusted EBITDA

  $ 1,534     $ (7,374 )

Less items to reconcile Adjusted EBITDA to Loss before taxes:

               

Interest expense - net

    3,524       2,864  

Depreciation expense

    2,715       2,727  

Amortization

    2,630       2,630  

Stock based compensation

    355       957  

Impairment charges (1)

    1,224       -  

Other charges (2)

    1,029       74  

Loss before taxes

  $ (9,943 )   $ (16,626 )