Stabilis Solutions (SLNG) 10-K 25 Feb 25 2024 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2024	Feb. 25, 2025	Jun. 30, 2024
Document Information [Line Items]
Entity Central Index Key	0001043186
Entity Registrant Name	Stabilis Solutions, Inc.
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2024
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2024
Document Transition Report	false
Entity File Number	001-40364
Entity Incorporation, State or Country Code	FL
Entity Tax Identification Number	59-3410234
Entity Address, Address Line One	11750 Katy Freeway, Suite 900
Entity Address, City or Town	Houston
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77079
City Area Code	832
Local Phone Number	456-6500
Title of 12(b) Security	Common Stock, $.001 par value
Trading Symbol	SLNG
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	false
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 18,425,307
Entity Common Stock, Shares Outstanding		18,596,301
Auditor Firm ID	298
Auditor Name	Ham, Langston and Brezina, L.L.P
Auditor Location	Houston, Texas

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 8,987	$ 5,374
Accounts receivable, net	6,239	7,752
Inventories, net	345	169
Prepaid expenses and other current assets	1,902	1,677
Total current assets	17,473	14,972
Property, plant and equipment:
Cost	117,246	110,646
Less: accumulated depreciation	(65,518)	(61,167)
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization	51,728	49,479
Goodwill	4,314	4,314
Investments in foreign joint ventures	11,659	12,009
Right of Use Assets and Other Assets, Noncurrent	410	525
Total assets	85,584	81,299
Liabilities, Current [Abstract]
Accounts payable	5,667	5,707
Accrued liabilities	3,566	4,166
Finance Lease and Operating Lease, Liability, Current	384	164
Total current liabilities	11,627	11,719
Long-term notes payable, net of current portion and debt issuance costs	6,848	7,747
Long-term portion of operating lease obligations	101	21
Total liabilities	18,576	19,487
Commitments and contingencies
Stockholders’ Equity:
Common stock; $0.001 par value, 37,500,000 shares authorized, 18,585,014 and 18,573,391 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively	19	19
Additional paid-in capital	103,214	102,057
Accumulated other comprehensive loss	(578)	(18)
Accumulated deficit	(35,647)	(40,246)
Total stockholders' equity	67,008	61,812
Total liabilities and stockholders' equity	85,584	81,299
Nonrelated Party [Member]
Liabilities, Current [Abstract]
Current portion of long-term notes payable	$ 2,010	$ 1,682

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Dec. 31, 2024	Dec. 31, 2023
Common Stock, Par Value (in dollars per share)	$ 0.001	$ 0.001
Common Stock, Shares Authorized (in shares)	37,500,000	37,500,000
Common Stock, Shares Issued (in shares)	18,585,014	18,573,391
Common Stock, Shares Outstanding (in shares)	18,585,014	18,573,391

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023
Revenues:
Revenues		$ 73,293	$ 73,114
Operating expenses:
Costs of revenues		52,069	54,919
Change in unrealized loss (gain) on natural gas derivatives	[1]	(310)	(541)
Selling, general and administrative expenses		11,763	12,893
Gain from disposal of fixed assets		(761)	(1,223)
Depreciation expense		7,146	7,878
Total operating expenses		69,907	73,926
Income (loss) from operations before equity income		3,386	(812)
Net equity income from foreign joint venture operations:
Income from equity investment in foreign joint venture		1,770	1,897
Foreign joint venture operating related expenses		(206)	(206)
Net equity income from foreign joint venture operations		1,564	1,691
Income from operations		4,950	879
Other income (expense):
Other income (expense)		22	(176)
Total other income (expense)		134	(510)
Net income before income tax expense		5,084	369
Income tax expense		485	244
Net income		$ 4,599	$ 125
Net income per common share (Note 16):
Basic and diluted per common share (in dollars per share)		$ 0.25	$ 0.01
Nonrelated Party [Member]
Other income (expense):
Interest income (expense), net		$ 112	$ (256)
Related Party [Member]
Other income (expense):
Interest income (expense), net		$ 0	$ (78)
[1]Amounts are presented on a gross basis.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Net income	$ 4,599	$ 125
Foreign currency translation adjustment, net of tax	(560)	(100)
Total comprehensive income	$ 4,039	$ 25

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Total
Balance (in shares) at Dec. 31, 2022	18,420,067
Balance at Dec. 31, 2022	$ 19	$ 100,137	$ 82	$ (40,371)	$ 59,867
Common stock issued from vesting of stock-based awards (in shares)	183,762
Common stock issued from vesting of stock-based awards	$ 0	0	0	0	0
Stock-based compensation	$ 0	2,082	0	0	2,082
Employee tax payments from restricted stock withholdings (in shares)	(30,438)
Employee tax payments from restricted stock withholdings	$ 0	(162)	0	0	(162)
Net income	0	0	0	125	125
Other comprehensive loss, net of tax	$ 0	0	(100)	0	(100)
Balance (in shares) at Dec. 31, 2023	18,573,391
Balance at Dec. 31, 2023	$ 19	102,057	(18)	(40,246)	61,812
Common stock issued from vesting of stock-based awards (in shares)	13,588
Common stock issued from vesting of stock-based awards	$ 0	0	0	0	0
Stock-based compensation	$ 0	1,166	0	0	1,166
Employee tax payments from restricted stock withholdings (in shares)	(1,965)
Employee tax payments from restricted stock withholdings	$ 0	(9)	0	0	(9)
Net income	0	0	0	4,599	4,599
Other comprehensive loss, net of tax	$ 0	0	(560)	0	(560)
Balance (in shares) at Dec. 31, 2024	18,585,014
Balance at Dec. 31, 2024	$ 19	$ 103,214	$ (578)	$ (35,647)	$ 67,008

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Cash flows from operating activities:
Net income	$ 4,599	$ 125
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	7,146	7,878
Stock-based compensation expense	1,166	2,082
Bad debt expense	102	0
Gain on disposal of assets	(761)	(1,223)
Income from equity investment in joint venture	(1,770)	(1,897)
Distributions from equity investment in joint venture	1,716	1,225
Cash settlements from natural gas derivatives, net	(359)	0
Realized and unrealized losses from natural gas derivatives, net	152	572
Changes in operating assets and liabilities:
Accounts receivable	1,390	4,019
Prepaid expenses and other current assets	820	1,461
Accounts payable and accrued liabilities	(678)	(7,717)
Other	170	187
Net cash provided by operating activities	13,693	6,712
Cash flows from investing activities:
Acquisition of fixed assets	(9,146)	(10,252)
Proceeds from sale of fixed assets	841	1,255
Proceeds from notes receivable, related to prior sale of Brazil	185	87
Net cash used in investing activities	(8,120)	(8,910)
Cash flows from financing activities:
Payments on short- and long-term notes payable and finance leases	(1,905)	(1,179)
Payments on notes payable from related parties	0	(2,435)
Payment of debt issuance costs	0	(108)
Employee tax payments from restricted stock withholdings	(9)	(162)
Net cash used in financing activities	(1,914)	(3,884)
Effect of exchange rate changes on cash	(46)	5
Net increase (decrease) in cash and cash equivalents	3,613	(6,077)
Cash and cash equivalents, beginning of year	5,374	11,451
Cash and cash equivalents, end of year	$ 8,987	$ 5,374

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2024
Insider Trading Arr Line Items
Rule 10b5-1 Arrangement Adopted [Flag]	false
Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false

Cybersecurity Risk Management a

Cybersecurity Risk Management and Strategy Disclosure	12 Months Ended
	Dec. 31, 2024
Cybersecurity Risk Management, Strategy, and Governance [Line Items]
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]	Risk management and strategy Our information technologies, system networks, information technology infrastructure, enterprise applications and financial reporting platforms are critical components of our operations. Our business operations rely on the secure processing, transmitting, collecting and storage of sensitive and confidential data. We recognize the importance of assessing, identifying and managing material risks associated with cybersecurity threats, as defined in Item 106 In our business operation, we utilize various third We are not 1A. 10
Cybersecurity Risk Management Processes Integrated [Flag]	true
Cybersecurity Risk Management Processes Integrated [Text Block]	Identifying and assessing cybersecurity risk is integrated into our overall risk management systems and processes. We partner with a third-party information technology company to address and manage each of the critical aspects of cybersecurity risk mitigation. The user aspect is addressed by deploying endpoint detection and response software on all endpoints, as well as extensive phishing testing and training for every user. This is further reinforced with additional monitoring to identify any aberrant activity within our network or software as a service ("SaaS") tools. A 3-2-1 backup strategy is used, resulting in a copy of all backup data offsite in the unlikely event that the disaster recovery plan is required. Our backup system is regularly confirmed through routine data recoveries, test recoveries and monitoring that alert to any unexpected errors or failures with the system.
Cybersecurity Risk Management Third Party Engaged [Flag]	true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag]	true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]	false
Cybersecurity Risk Board of Directors Oversight [Text Block]	Governance Cybersecurity is an important part of our risk management processes. Our Board of Directors holds oversight responsibility for the Company's strategy and risk management, including material risks related to cybersecurity threats. The Audit Committee of the Board of Directors oversees the management of systemic risks, including cybersecurity threats, in accordance with its charter.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]	Cybersecurity is an important part of our risk management processes. Our Board of Directors holds oversight responsibility for the Company's strategy and risk management, including material risks related to cybersecurity threats. The Audit Committee of the Board of Directors oversees the management of systemic risks, including cybersecurity threats, in accordance with its charter.
Cybersecurity Risk Role of Management [Text Block]	Our management, represented by senior management, leads the cybersecurity risk assessment and mitigation processes, along with information technology management staff and our third-party business technology partner. Our third-party business technology partner has over 21 years of experience in cybersecurity and information technology. Continuous monitoring and routine meetings are conducted in order for the Company's information technology team and third-party business technology firm to update senior management regarding prevention, detection, mitigation and remediation of any cybersecurity threats or incidents.
Cybersecurity Risk Management Positions or Committees Responsible [Flag]	true
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag]	true

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Basis of Presentation and Significant Accounting Policies [Text Block]	1. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Description of Business Stabilis Solutions, Inc. and its subsidiaries (the “Company”, “Stabilis”, “our”, “us” or “we”) is an energy transition company that provides turnkey clean energy production, storage, transportation and fueling solutions primarily using liquefied natural gas (“LNG”) to multiple end markets. The Company serves customers in diverse end markets, including aerospace, agriculture, energy, industrial, marine bunkering, mining, pipeline, remote power and utility markets. LNG can be used to deliver natural gas to locations where pipeline service is unavailable, has been interrupted, or needs to be supplemented. Additionally, LNG can be used as a partner fuel for renewable energy, and as an alternative to traditional fuel sources, such as distillate fuel oil (including diesel fuel and other fuel oils) and propane, among others to provide both environmental and economic benefits. The Company also builds power and control systems for the energy industry in China through its 40% owned Chinese joint venture, BOMAY Electric Industries, Inc (“BOMAY”). BOMAY is accounted for under the equity method of accounting. Basis of Presentation and Consolidation The accompanying consolidated financial statements ("Consolidated Financial Statements") include our accounts and those of our subsidiaries and, have been prepared in accordance with U.S. GAAP and pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). All intercompany accounts and transactions have been eliminated in consolidation. Reclassifications The Company reclassified $4.2 million from accrued expenses to accounts payable at December 31, 2023, no Summary of Significant Accounting Policies (a) Use of Estimates in the Preparation of the Consolidated Financial Statements The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant items subject to such estimates include the fair value of natural gas derivatives, the carrying amount of contingencies, valuation allowances for receivables, deferred income tax assets, valuations assigned to assets and liabilities in business combinations, and impairments of long-lived assets. Actual results could differ from those estimates, and these differences could be material to the consolidated financial statements. (b) Cash and Cash Equivalents The Company considers all highly liquid investments with maturities of three not (c) Accounts Receivable Accounts receivable are recognized when products are sold. The Company extends credit to many of its customers in the ordinary course of business. Generally, these sales are unsecured. Accounts receivable are stated at the amount the Company expects to collect (cost, net of any allowances for credit losses). The Company maintains allowances for credit losses for estimated losses resulting from the inability of its customers to make required payments. Management considers the following factors when determining the collectability of specific customer accounts: customer credit-worthiness, past transaction history with the customer and current economic industry trends. Our allowance for credit losses was immaterial at December 31, 2024 December 31, 2023 December 31, 2024 2023 (d) Inventories LNG inventory consists of LNG produced that is either ( 1 2 first first (e) Derivative Instruments The Company had certain natural gas derivative instruments as of December 31, 2024 2023 not not 4 The Company enters into forward sales contracts for the delivery of LNG to its customers. Certain of these sales contracts contain provisions that may not not (f) Property, Plant and Equipment Property, plant and equipment are stated at cost, net of accumulated depreciation and amortization. Significant additions, renewals, and capital improvements are capitalized, whereas expenditures for maintenance and repairs are charged to expense as incurred. Leasehold improvements are amortized over the shorter of the applicable remaining lease term or the estimated useful life of the related assets. The cost and related accumulated depreciation of assets retired or sold are removed from the appropriate asset and depreciation accounts, and the resulting gain or loss is reflected in income. Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the assets. Property, plant, and equipment, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not first not third December 31, 2024 2023 (g) Goodwill Goodwill represents the excess of the cost of an acquired entity over the fair value of the assets acquired less liabilities assumed. Intangible assets are assets that lack physical substance (excluding financial assets). Goodwill acquired in a business combination and intangible assets with indefinite useful lives are not third 2019 not may not December 31, 2024 2023 not (h) Leases We determine if an arrangement is a lease at inception. Leases with an initial term of 12 not 12 12 not not 10 (i) Revenue Recognition The Company recognizes revenue from our contracts in accordance with Accounting Standards Codification (“ASC”), Topic 606 606” 606 1 2 3 4 The Company recognizes revenue when it satisfies a performance obligation by transferring control over a product or service to a customer. Revenue associated with the sale of LNG is recognized at the point in time when the customer obtains control of the asset. In evaluating when a customer has control of the asset, the Company primarily considers whether the transfer of legal title and physical delivery has occurred, whether the customer has significant risks and rewards of ownership, and whether the customer accepted delivery and a right of payment exists. Revenues from the providing of services, transportation and equipment to customers is recognized over time as the service is performed. Revenue is measured as consideration specified in a contract with a customer and excludes any sales incentives and amounts collected on behalf of third 30 2 (j) Income Taxes The Company recognizes income taxes under the asset-and-liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis and operating loss and tax credit carryforwards for each tax jurisdiction in which we operate. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is recorded when it is more likely than not not The Company recognizes the effect of income tax positions only if those positions are more likely than not 50% December 31, 2024 2023 no 12 The Company files income tax returns in the United States of America with the federal government and various state taxing authorities, in Mexico and Canada. With few exceptions, the Company is subject to examination by the applicable taxing authorities for years after 2020. (k) Earnings Per Share ( EPS ) Basic earnings per share, or EPS, is computed by dividing net income (loss) available to stockholders by the weighted average shares outstanding during the period. Diluted EPS takes into account the potential dilution that could occur if securities or other contracts to issue shares, such as stock options and warrants were exercised. The Company included dilutive securities within its computation of earnings per share for the years ended December 31, 2024 2023 16 (l) Commitments and Contingencies Liabilities for loss contingencies arising from claims, assessments, litigation, fines, penalties and other sources are recorded when it is probable that a liability has been incurred and the amount can be reasonably estimated. Legal costs incurred in connection with loss contingencies are expensed as incurred. (m) Fair Value Measurements The Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible. The Company determines fair value based on assumptions that market participants would use in pricing an asset or liability in the principal or most advantageous market. When considering market participant assumptions in the fair value measurements, the following fair value hierarchy distinguishes between observable and unobservable inputs, which are categorized in one Level 1 Level 2 1 Level 3 not The carrying value of cash and cash equivalents, accounts receivable, inventory, accounts payable and accrued liabilities approximate their respective fair values due to their relative short maturities. The Company estimated the fair value of its fixed and variable rate debt approximates the $8.6 million carrying value (see Note 9 December 31, 2024 December 31, 2024 2 Nonfinancial assets and liabilities measured at fair value on a nonrecurring basis include certain nonfinancial assets and liabilities acquired in a business combination, are measured at fair value using quoted market prices or, to the extent that there are no (n) Foreign Currency Gains and Losses Foreign currency translations are included as a separate component of comprehensive income (loss). The Company has determined the local currency of its foreign subsidiaries and foreign joint ventures to be the functional currency. In accordance with Accounting Standards Codification ("ASC 830" (o) Stock-based Compensation The Company accounts for stock-based compensation in accordance with ASC Topic 718, 718” 14 (p) In accordance with ASC Topic 280 280 not not Recent Accounting Pronouncements In November 2023, No. 2023 07, 280 2023 07 2023 07, 280. 2023 07 December 15, 2023. 2023 07 10 December 31, 2024. 2023 07 not In November 2024, 2024 03, 220 40 2024 03 2024 03 December 15, 2026. January 1, 2027. not 2023 09

Note 2 - Revenue Recognition

Note 2 - Revenue Recognition	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	2. REVENUE RECOGNITION We recognize revenues when the transfer of promised goods or services are delivered to our customers in accordance with the applicable customer contract and we are entitled to be paid by the customer. Revenues are measured as consideration specified in the contract and exclude any sales incentives and amounts collected on behalf of third 1 2 3 4 may LNG Product revenues LNG Product revenues represent the sale of LNG from both produced and purchased sources as well as the transportation performed to deliver the LNG to our customer location. LNG Product revenues are recognized upon delivery of the LNG to the customer, at which point the customer controls the product and the Company has an unconditional right to payment. The Company acts as a principal when using third not may not not one 24 Rental revenues Rental revenues are generated from the rental of cryogenic equipment to our customers. Rental revenues are not 606 not 842: Service revenues Service revenues are generated from engineering and field support services and represent the human resources provided to the customer to support the use of LNG at the customer’s job site. These include support and costs for mobilization and demobilization of equipment at customer sites as well as onsite technical support while customers are consuming LNG. Service revenues are not Other revenues Other revenues are items that, due to their nature, are disaggregated from the categories mentioned above such as expenses incurred by the Company on behalf of the customer that we contractually rebill to our customers on a cost-plus basis. Disaggregated revenues The table below presents revenue disaggregated by source, for the years ended December 31, 2024 2023 Year Ended December 31, 2024 2023 Revenues: LNG Product $ 57,351 $ 58,517 Rental 7,273 6,210 Service 7,436 6,886 Other 1,233 1,501 Total revenues $ 73,293 $ 73,114 The table below presents revenue disaggregated by geographic location, for the years ended December 31, 2024 2023 Year Ended December 31, 2024 2023 Revenues: United States $ 69,007 $ 65,487 Mexico 4,286 7,627 Total revenues $ 73,293 $ 73,114 Variable and other Revenue Components Certain of our contracts may may may Taxes assessed by a governmental authority that are directly imposed on revenue-producing transactions between the Company and its customers, such as sales, use and value-added taxes, are excluded from revenue.

Note 3 - Significant Customers

Note 3 - Significant Customers and Concentration of Risks	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Concentration Risk Disclosure [Text Block]	3. SIGNIFICANT CUSTOMERS AND CONCENTRATION OF RISKS Significant Customers A material part of the Company’s business is dependent on a few customers, the loss of which could have a material adverse effect on the Company. The tables below present customers representing greater than 10% December 31, 2024 2023 For the Year Ended December 31, Revenue 2024 % 2023 % Customer 1 $ 24,599 33.6 % $ 378 0.5 % Customer 2 14,115 19.3 % 13,514 18.5 % $ 38,714 52.8 % $ 13,892 19.0 % At December 31, Accounts Receivable 2024 % 2023 % Customer 1 $ 1,278 20.5 % $ 1,120 14.4 % Customer 2 1,077 17.3 % 378 4.9 % $ 2,355 37.7 % $ 1,498 19.3 % No 10% December 31, 2024 2023

Note 4 - Derivative Instruments

Note 4 - Derivative Instruments	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	4. DERIVATIVE INSTRUMENTS Natural gas derivatives As of December 31, 2024 2023 December 31, 2024 second 2025. may 2 December 31, 2024 2023 For the Year Ended December 31, Location on Consolidated Balance Sheet 2024 2023 Prepaid expenses and other current assets (1), (2) $ 207 $ — $ 207 $ — ( 1 Amounts are presented on a gross basis. ( 2 The classification between current and noncurrent assets is based upon when the Call Options mature. The Company has not December 31, 2024 2023 December 31, 2024 2023 For the Year Ended December 31, Changes in fair value of derivatives 2024 2023 Fair value of natural gas derivatives, beginning of period $ — $ 572 Purchases of natural gas derivatives 359 — Realized gains (losses), net (462 ) (1,113 ) Change in unrealized gain (loss) on natural gas derivatives (1) 310 541 Fair value of natural gas derivatives, end of year $ 207 $ — For the Year Ended December 31, Realized gain (loss) from derivative instruments 2024 2023 Realized gains (losses), net $ (462 ) $ (1,113 ) Derivative settlement payments receivable(ed) 22 — Total realized gain (loss) from natural gas derivatives, net (2) $ (440 ) $ (1,113 ) ( 1 Amounts are presented as their own separate line item within the Company's Consolidated Statements of Operations. ( 2 Amounts are included within cost of revenues on the Company's Consolidated Statements of Operations.

Note 5 - Prepaid Expenses and O

Note 5 - Prepaid Expenses and Other Current Assets	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Prepaid Expenses and Other Current Assets [Text Block]	5. PREPAID EXPENSES AND OTHER CURRENT ASSETS The Company’s prepaid expenses and other current assets consisted of the following (in thousands): December 31, 2024 2023 Prepaid insurance $ 1,044 $ 1,012 Prepaid supplier expenses 167 132 Other receivables 204 159 Natural gas derivatives at fair value, current 207 — Deposits 129 237 Other 151 137 Total prepaid expenses and other current assets $ 1,902 $ 1,677

Note 6 - Property, Plant and Eq

Note 6 - Property, Plant and Equipment	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	6. PROPERTY, PLANT AND EQUIPMENT, NET Property, Plant and Equipment The Company’s property, plant and equipment, net consisted of the following (in thousands): Estimated Useful Life December 31, (years) 2024 2023 Liquefaction plants and systems 10 - 15 $ 56,752 $ 48,523 Real property and buildings 3 - 25 2,082 2,066 Vehicles and tanker trailers and equipment 2 - 10 49,754 49,689 Computer and office equipment 2 - 7 545 458 Construction in progress — 8,082 9,879 Leasehold improvements — 31 31 117,246 110,646 Less: accumulated depreciation (65,518 ) (61,167 ) $ 51,728 $ 49,479 Depreciation expense for the years ended December 31, 2024 2023 Construction in progress of $8.1 million and $9.9 million at December 31, 2024 2023

Note 7 - Investment in Foreign

Note 7 - Investment in Foreign Joint Venture	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Equity Method Investments and Joint Ventures Disclosure [Text Block]	7. INVESTMENTS IN FOREIGN JOINT VENTURES BOMAY We hold a 40% interest in BOMAY Electric Industries Company, Ltd. (“BOMAY”), which builds electrical systems for sale in China. The majority partner in this foreign joint venture is Baoji Oilfield Machinery Co., Ltd. (a subsidiary of China National Petroleum Corporation), who owns 51%. The remaining 9% is owned by AA Energies, Inc. The Company made no sales to its joint venture during 2024 2023 We account for our investment in BOMAY using the equity method of accounting. Under the equity method, the Company’s share of the joint venture operations earnings or losses is recognized in the Consolidated Statements of Operations as equity income (loss) from foreign joint venture operations. Joint venture income increases the carrying value of the joint venture and joint venture losses reduce the carrying value. Dividends received from the joint venture reduce the carrying value. The Company considers dividend distributions received from its equity method investments which do not The tables below present a summary of BOMAY's assets and liabilities and its operational results as of and for the years ended December 31, 2024 2023 Year Ended December 31, 2024 2023 Revenues $ 117,459 $ 102,981 Gross profit 14,458 12,544 Earnings 4,101 4,418 December 31, 2024 2023 Assets: Total current assets $ 124,253 $ 135,217 Total non-current assets 9,496 3,003 Total assets $ 133,749 $ 138,220 Liabilities and equity: Total liabilities $ 101,562 $ 104,760 Total joint ventures’ equity 32,187 33,460 Total liabilities and equity $ 133,749 $ 138,220 The following is a summary of activity in our investment in BOMAY for the years ended December 31, 2024 2023 Initial Investment at Merger (1), (2) Undistributed Earnings Cumulative Foreign Exchange Translation Adj Investment in BOMAY Balance at December 31, 2022 $ 9,333 $ 2,295 $ (22 ) $ 11,606 Equity in earnings — 1,897 — 1,897 Less: dividend distributions — (1,225 ) — (1,225 ) Foreign currency translation loss — — (269 ) (269 ) Balance at December 31, 2023 9,333 2,967 (291 ) 12,009 Equity in earnings — 1,770 — 1,770 Less: dividend distributions — (1,716 ) — (1,716 ) Foreign currency translation loss — — (404 ) (404 ) Balance at December 31, 2024 $ 9,333 $ 3,021 $ (695 ) $ 11,659 ( 1 Accumulated statutory reserves in equity method investments of $2.66 million at December 31, 2024 2023 s Republic of China, ( PRC ), regulations on enterprises with foreign ownership, an enterprise established in the PRC with foreign ownership is required to provide for certain statutory reserves, namely (i) General Reserve Fund, (ii) Enterprise Expansion Fund and (iii) Staff Welfare and Bonus Fund, which are appropriated from net profit as reported in the enterprise s PRC statutory accounts. A non-wholly-owned foreign invested enterprise is permitted to provide for the above allocation at the discretion of its board of directors. The aforementioned reserves can only be used for specific purposes and are not ( 2 The Company’s initial investment in BOMAY differed from the Company’s 40% share of BOMAY’s equity as a result of applying fair value accounting pursuant to ASC 805. eight December 31, 2024 2023 December 31, 2024 2023 December 31, 2024 2023 Original basis difference $ 1,165 $ 1,165 Less accumulated accretion (702 ) (573 ) Net remaining basis difference, net at end of period $ 463 $ 592 In accordance with our long-lived asset policy, when events or circumstances indicate the carrying amount of an asset may not no December 31, 2024 2023

Note 8 - Accrued Liabilities

Note 8 - Accrued Liabilities	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	8. ACCRUED LIABILITIES The Company’s accrued liabilities as of December 31, 2024 2023 December 31, 2024 2023 Compensation and benefits $ 2,408 $ 3,276 Customer deposits and prepayments 294 397 Other taxes payable 268 354 Other accrued liabilities 596 139 Total accrued liabilities $ 3,566 $ 4,166

Note 9 - Debt

Note 9 - Debt	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Debt Disclosure [Text Block]	9. DEBT The Company’s carrying value of debt, net of debt issuance costs, at December 31, 2024 2023 December 31, 2024 2023 Secured term note and credit facility, net of debt issuance costs $ 7,975 $ 8,604 Insurance and other notes payable 883 825 Total 8,858 9,429 Less: amounts due within one year (2,010 ) (1,682 ) Total long-term debt, net of debt issuance costs $ 6,848 $ 7,747 Revolving Credit Facility On June 9, 2023, three 80% may December 31, 2024 no June 9, 2026. The Revolving Credit Facility contains various restrictions and covenants. Among other requirements, the Borrowers must maintain a consolidated net worth of at least $51.9 million as of December 31, 2024 December 31, 1.0 twelve 12 may December 31, 2024 Secured Term Note On April 8, 2021, December 31, 2024 2023 April 8, 2031 April 8, 2026, U.S. prime lending rate may may ( On April 8, 2021, first not 1.0 not 1.0. December 31, 2024 seven Secured Promissory Note - Related Party On August 16, 2019, December 10, 2020, December 2022. September 20, 2021, September December 2021 one September December 2022. March 9, 2022 April 2022 October 2022 December 2023. December 31, 2023. Insurance Notes Payable The Company finances its annual commercial insurance premiums for its business and operations. For the 2024 2025 December 31, 2024 September one 2024 2025 December 31, 2023 2023 2024 Debt Maturities and Interest Expense We had total indebtedness, net of debt issuance costs, on our Consolidated Balance Sheet of $9.2 million as of December 31, 2024 December 31, 2024 Year Ended December 31, 2025 2,010 2026 1,188 2027 1,258 2028 1,332 2029 1,411 Thereafter 1,969 Total long-term debt, including current maturities $ 9,168 During the years ended December 31, 2024 2023 10 December 31, 2024 2023 Secured term note $ 166 $ 345 Secured credit facility 87 49 Secured promissory note - related party — 78 Insurance and other notes payable 38 32 Interest from leases 9 5 Total interest expense $ 300 $ 509 During the years ended December 31, 2024 2023

Note 10 - Leases

Note 10 - Leases	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Lessee, Finance Leases [Text Block]	10. LEASES Our leases primarily consist of operating leases for certain facilities and office spaces, and financing leases for equipment. Our leases have remaining terms of 1 to 3 years and may The following table summarizes our operating and finance lease assets and liabilities as of December 31, 2024 2023 December 31, Balance sheet line item classification 2024 2023 Assets Operating lease assets Right- of $ 149 $ — Finance lease assets Property and equipment, net of accumulated depreciation 349 43 Total lease assets $ 498 $ 43 Liabilities Current Operating lease obligation Current $ 70 $ 120 Finance lease obligation Current 314 44 Noncurrent Operating lease obligation Long-term portion of operating lease obligations 101 21 Total lease liabilities $ 485 $ 185 The following table summarizes the components of lease expense for the years ended December 31, 2024 2023 Year Ended December 31, Lease Cost Classification 2024 2023 Operating lease cost Cost of sales $ — $ — Operating lease cost Selling, general and administrative expenses 192 188 Finance lease cost: Amortization of leased assets Depreciation expense 18 21 Interest on lease liabilities Interest expense 9 5 Net lease cost $ 219 $ 214 Other The Company leases certain buildings and facilities, including office space in Houston, Texas and Monterrey, Mexico. The Company also leases marine bunkering and staging sites in Galveston, Texas, along with certain equipment on a short term basis. Leases which are less than twelve no not Office rent expense totaled approximately $169 thousand and $188 thousand for the years ended December 31, 2024 2023 The following schedule presents the future minimum lease payments for our operating and finance lease obligations at December 31, 2024 Operating Leases Finance Leases Total 2025 $ 89 $ 336 $ 425 2026 66 — 66 2027 40 — 40 Total lease payments 195 336 531 Less: Interest (24 ) (22 ) (46 ) Present value of lease liabilities $ 171 $ 314 $ 485 Lease term and discount rates for our operating and finance lease obligations are as follows: December 31, Lease Term and Discount Rate 2024 2023 Weighted-average remaining lease term (years) Operating leases 2.9 1.2 Finance leases 1.0 0.1 Weighted-average discount rate Operating leases 9.5 % 5.8 % Finance leases 8.5 % 10.7 % The following table summarizes the supplemental cash flow information related to leases as of December 31, 2024 2023 Other information December 31, 2024 December 31, 2023 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 187 $ 181 Financing cash flows from finance leases 76 20 Interest paid 9 5 Noncash activities from right-of-use assets obtained in exchange for lease obligations: Operating leases $ 167 $ — Financing leases 347 —

Note 11 - Related Party Transac

Note 11 - Related Party Transactions	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	11. RELATED PARTY TRANSACTIONS Secured Promissory Note - Related Party J. Casey Crenshaw (our Chairman of the Board) is the beneficial owner of 50% of The Modern Group and is deemed to jointly control The Modern Group with family members. Through December 31, 2023 December 31, 2023. 9. Other Purchases and Sales The Company purchases supplies and services from subsidiaries of The Modern Group. During the years ended December 31, 2024 2023 December 31, 2024 2023 December 31, 2024 2023 December 31, 2024 2023 Chart E&C beneficially owns 7.9% of our outstanding common stock at December 31, 2024 December 31, 2024 2023 December 31, 2024 2023

Note 12 - Income Taxes

Note 12 - Income Taxes	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Income Tax Disclosure [Text Block]	12. INCOME TAXES The components for income tax expense included in the accompanying Consolidated Statements of Operations for the years ended December 31, 2024 2023 December 31, 2024 December 31, 2023 Current state income tax expense $ 313 $ 118 Current foreign income tax expense 172 126 Deferred federal income tax expense — — Income tax expense $ 485 $ 244 A reconciliation of income taxes computed using the 21% December 31, 2024 2023 December 31, 2024 December 31, 2023 Income tax benefit using U.S. federal statutory rate $ 1,068 $ 77 State income tax expense 253 26 Foreign income tax expense 172 123 Foreign tax rate difference 70 263 Non-deductible expenses 294 65 Change in valuation allowance (1,511 ) (367 ) Other 139 57 Total income tax expense $ 485 $ 244 The effects of temporary differences and carryforwards that give rise to deferred tax assets (liabilities) are as follows (in thousands): December 31, 2024 December 31, 2023 Federal net operating loss carryforward $ 11,163 $ 11,737 Stock compensation 337 684 Accrued compensation 57 86 Basis of intangible assets 132 147 Capital loss carryforward 1,631 1,719 Other 5 — Valuation allowance (7,896 ) (9,407 ) Total deferred tax assets 5,429 4,966 Basis of property, plant and equipment 3,189 3,636 Prepaid expenses 219 212 Basis in foreign entity 2,021 1,118 Other — — Total deferred tax liabilities 5,429 4,966 Net deferred tax liabilities $ — $ — At December 31, 2024, may not July 26, 2019 The Company’s net operating loss carryforwards include $30.2 million of losses arising prior to December 31, 2017 2028 2037. 2017 December 31, 2017 80% December 31, 2024 not December 31, 2024 2023 The Company recognizes the tax benefit or obligation from an uncertain tax position only if it is more likely than not not 50% December 31, 2024 2023, no As of December 31, 2024, December 31, 2022 not 2020 2023

Note 13 - Commitments and Conti

Note 13 - Commitments and Contingencies	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	13. COMMITMENTS AND CONTINGENCIES Environmental Matters The Company is subject to federal, state and local environmental laws and regulations. The Company does not Litigation, Claims and Contingencies The Company may may may not, not Other Future capital expenditures will be dependent upon accretive investment opportunities as well as the availability of additional capital at favorable terms which is difficult to predict. At December 31, 2024

Note 14 - Stockholders' Equity

Note 14 - Stockholders' Equity and Stock-based Compensation	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Shareholders' Equity and Share-Based Payments [Text Block]	14. STOCKHOLDERS EQUITY AND STOCK-BASED COMPENSATION Stock-Based Compensation The Company includes stock compensation expense within general and administrative expenses in the Consolidated Statements of Operations. The Company recognized total stock-based compensation costs, net of forfeitures, of $1.2 million and $2.1 million for the years ended December 31, 2024 2023 Issuance of Stock-based Awards The Company has a long-term incentive plan, originally approved by the Board of Directors in 2019. July 2021 August 2023, July 2021) August 2023). may December 31, 2024 No may may not (a) Stock Appreciation Rights On June 26, 2023, 100% 10 ten January 1, 2025. December 31, 2024 not 10 ten December 31, 2024. The SARs were valued using a Monte Carlo simulation model and expensed on a straight line basis. Upon expiration, prior amounts expensed were reversed including $11 thousand recognized for the year ended December 31, 2023 A summary of the Company's SARs activity during the fiscal year 2024 Stock Appreciation Rights Number of SARs Weighted Average Exercise Price per Share Weighted Average Grant Date Value per SARs Weighted Average Remaining Contractual Term (in years) Outstanding at December 31, 2023 685,437 $ 10.00 $ 0.10 9.5 Granted — — — — Vested — — — — Expired (685,437 ) 10.0 0.10 — Outstanding at December 31, 2024 — — — — SARs vested and exercisable at December 31, 2024 — — — — (b) Restricted Stock Units There were no RSUs granted during the years ended December 31, 2024 2023 December 31, 2024 2023 # of Restricted Stock Awards and Units Weighted Average Grant Date Fair Value per Share Unvested at 12/31/2022 210,939 4.43 Vested (183,762 ) 5.35 Unvested at 12/31/2023 27,177 4.11 Vested (13,588 ) 4.11 Unvested at 12/31/2024 13,589 4.11 During the years ended December 31, 2024 2023 (c) Stock Options On February 18, 2022, 2019 three • A strike price of $6.00 with 3 year vesting terms and the closing price of the common stock of $4.11. • The risk free rate assumed the average return of a U.S. Treasury bill of 3 February 18, 2022. • $0 dividends, as we have not • A term of 6.5 years, which was determined as the midpoint between the vesting period of 3 • Volatility of approximately 44%. A summary of the Company's stock option awards activity during the fiscal years 2024 2023 Number of Options Weighted Average Exercise Price per Share Weighted Average Grant Date Value per Option Weighted Average Remaining Contractual Term (in years) Outstanding at December 31, 2022 2,074,505 $ 8.51 $ 2.11 8.9 Granted — — — — Outstanding at December 31, 2023 2,074,505 8.51 2.11 7.9 Granted — — — — Outstanding at December 31, 2024 2,074,505 8.51 2.11 6.8 Options vested and exercisable at December 31, 2024 1,816,336 $ 8.86 $ 2.14 6.8 During the years ended December 31, 2024 2023 Unrecognized Stock-Based Compensation As of December 31, 2024 one Common Stock The Company is authorized to issue up to 37,500,000 shares of Common Stock, $0.001 par value per share. The following table summarizes issuances of shares of our common stock for the years ended December 31, 2024 2023 Year Ended December 31, Issuance Additional disclosure 2024 2023 Vesting of employee stock awards (1) Stock-Based Compensation discussion above 11,623 153,324 ( 1 Amounts are net of shares withheld to cover employee tax payments. Amounts vested are for various employees. Preferred Stock Our Board of Directors has the authority, without stockholder approval, to issue up to 1,000,000 shares of Preferred Stock, $0.001 par value. The authorized Preferred Stock may one may December 31, 2024 no Employee 401 The Company has established a savings plan ("Savings Plan") which is qualified under Section 401 may 90% December 31, 2024 2023

Note 15 - Supplemental Cash Flo

Note 15 - Supplemental Cash Flow Information	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Cash Flow, Supplemental Disclosures [Text Block]	15. SUPPLEMENTAL CASH FLOW INFORMATION The Company's supplemental disclosure of cash flow information for the years ended December 31, 2024 2023 Year Ended December 31, 2024 2023 Supplemental disclosure of cash flow information: Interest paid $ 575 $ 667 Income taxes paid, net 426 153 Non-cash investing and financing activities: Acquisitions of fixed assets included within accounts payable and accrued expenses $ 175 $ 240 Right-of-use asset acquired under operating leases 167 — Equipment acquired under finance lease 347 — Insurance premium financing 1,042 1,139

Note 16 - Net Income (Loss) Per

Note 16 - Net Income (Loss) Per Share	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Earnings Per Share [Text Block]	16. The calculation of net income (loss) per common share for the year ended December 31, 2024 2023 December 31, 2024 2023 December 31, 2023 December 31, 2024 December 31, 2024 December 31, 2023 Year Ended December 31, 2024 2023 Weighted average shares: Basic weighted average number of common shares outstanding 18,583,485 18,496,376 Dilutive securities 11,981 12,324 Total shares including dilutive securities 18,595,466 18,508,700 Net income $ 4,599 $ 125 Net income per common share: Basic net income per common share 0.25 0.01 Diluted net income per common share 0.25 0.01

Note 17 - Subsequent Event

Note 17 - Subsequent Event	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Subsequent Events [Text Block]	17. SUBSEQUENT EVENT Management Transition On January 31, 2025, 2013 not Release and Consulting Agreement Effective January 31, 2025, twelve 2025 2025 may December 31, 2025. 2025. Mr. Ballard’s termination resulted in his forfeiture of approximately $0.5 million of 2024 not December 31, 2024. $.4 December 31, 2025 2025 Related Party Lease Subsequent to December 31, 2024, March 1, 2025 June 30, 2026. 11

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Business Description [Policy Text Block]	Description of Business Stabilis Solutions, Inc. and its subsidiaries (the “Company”, “Stabilis”, “our”, “us” or “we”) is an energy transition company that provides turnkey clean energy production, storage, transportation and fueling solutions primarily using liquefied natural gas (“LNG”) to multiple end markets. The Company serves customers in diverse end markets, including aerospace, agriculture, energy, industrial, marine bunkering, mining, pipeline, remote power and utility markets. LNG can be used to deliver natural gas to locations where pipeline service is unavailable, has been interrupted, or needs to be supplemented. Additionally, LNG can be used as a partner fuel for renewable energy, and as an alternative to traditional fuel sources, such as distillate fuel oil (including diesel fuel and other fuel oils) and propane, among others to provide both environmental and economic benefits. The Company also builds power and control systems for the energy industry in China through its 40% owned Chinese joint venture, BOMAY Electric Industries, Inc (“BOMAY”). BOMAY is accounted for under the equity method of accounting.
Basis of Presentation and Consolidation [Policy Text Block]	Basis of Presentation and Consolidation The accompanying consolidated financial statements ("Consolidated Financial Statements") include our accounts and those of our subsidiaries and, have been prepared in accordance with U.S. GAAP and pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). All intercompany accounts and transactions have been eliminated in consolidation.
Reclassification, Comparability Adjustment [Policy Text Block]	Reclassifications The Company reclassified $4.2 million from accrued expenses to accounts payable at December 31, 2023, no
Use of Estimates, Policy [Policy Text Block]	(a) Use of Estimates in the Preparation of the Consolidated Financial Statements The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant items subject to such estimates include the fair value of natural gas derivatives, the carrying amount of contingencies, valuation allowances for receivables, deferred income tax assets, valuations assigned to assets and liabilities in business combinations, and impairments of long-lived assets. Actual results could differ from those estimates, and these differences could be material to the consolidated financial statements.
Cash and Cash Equivalents, Policy [Policy Text Block]	(b) Cash and Cash Equivalents The Company considers all highly liquid investments with maturities of three not
Accounts Receivable [Policy Text Block]	(c) Accounts Receivable Accounts receivable are recognized when products are sold. The Company extends credit to many of its customers in the ordinary course of business. Generally, these sales are unsecured. Accounts receivable are stated at the amount the Company expects to collect (cost, net of any allowances for credit losses). The Company maintains allowances for credit losses for estimated losses resulting from the inability of its customers to make required payments. Management considers the following factors when determining the collectability of specific customer accounts: customer credit-worthiness, past transaction history with the customer and current economic industry trends. Our allowance for credit losses was immaterial at December 31, 2024 December 31, 2023 December 31, 2024 2023
Inventory, Policy [Policy Text Block]	(d) Inventories LNG inventory consists of LNG produced that is either ( 1 2 first first
Derivatives, Policy [Policy Text Block]	(e) Derivative Instruments The Company had certain natural gas derivative instruments as of December 31, 2024 2023 not not 4 The Company enters into forward sales contracts for the delivery of LNG to its customers. Certain of these sales contracts contain provisions that may not not
Property, Plant and Equipment, Policy [Policy Text Block]	(f) Property, Plant and Equipment Property, plant and equipment are stated at cost, net of accumulated depreciation and amortization. Significant additions, renewals, and capital improvements are capitalized, whereas expenditures for maintenance and repairs are charged to expense as incurred. Leasehold improvements are amortized over the shorter of the applicable remaining lease term or the estimated useful life of the related assets. The cost and related accumulated depreciation of assets retired or sold are removed from the appropriate asset and depreciation accounts, and the resulting gain or loss is reflected in income. Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the assets. Property, plant, and equipment, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not first not third December 31, 2024 2023
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]	(g) Goodwill Goodwill represents the excess of the cost of an acquired entity over the fair value of the assets acquired less liabilities assumed. Intangible assets are assets that lack physical substance (excluding financial assets). Goodwill acquired in a business combination and intangible assets with indefinite useful lives are not third 2019 not may not December 31, 2024 2023 not
Lessee, Leases [Policy Text Block]	(h) Leases We determine if an arrangement is a lease at inception. Leases with an initial term of 12 not 12 12 not not 10
Revenue from Contract with Customer [Policy Text Block]	(i) Revenue Recognition The Company recognizes revenue from our contracts in accordance with Accounting Standards Codification (“ASC”), Topic 606 606” 606 1 2 3 4 The Company recognizes revenue when it satisfies a performance obligation by transferring control over a product or service to a customer. Revenue associated with the sale of LNG is recognized at the point in time when the customer obtains control of the asset. In evaluating when a customer has control of the asset, the Company primarily considers whether the transfer of legal title and physical delivery has occurred, whether the customer has significant risks and rewards of ownership, and whether the customer accepted delivery and a right of payment exists. Revenues from the providing of services, transportation and equipment to customers is recognized over time as the service is performed. Revenue is measured as consideration specified in a contract with a customer and excludes any sales incentives and amounts collected on behalf of third 30 2
Income Tax, Policy [Policy Text Block]	(j) Income Taxes The Company recognizes income taxes under the asset-and-liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis and operating loss and tax credit carryforwards for each tax jurisdiction in which we operate. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is recorded when it is more likely than not not The Company recognizes the effect of income tax positions only if those positions are more likely than not 50% December 31, 2024 2023 no 12 The Company files income tax returns in the United States of America with the federal government and various state taxing authorities, in Mexico and Canada. With few exceptions, the Company is subject to examination by the applicable taxing authorities for years after 2020.
Earnings Per Share, Policy [Policy Text Block]	(k) Earnings Per Share ( EPS ) Basic earnings per share, or EPS, is computed by dividing net income (loss) available to stockholders by the weighted average shares outstanding during the period. Diluted EPS takes into account the potential dilution that could occur if securities or other contracts to issue shares, such as stock options and warrants were exercised. The Company included dilutive securities within its computation of earnings per share for the years ended December 31, 2024 2023 16
Commitments and Contingencies, Policy [Policy Text Block]	(l) Commitments and Contingencies Liabilities for loss contingencies arising from claims, assessments, litigation, fines, penalties and other sources are recorded when it is probable that a liability has been incurred and the amount can be reasonably estimated. Legal costs incurred in connection with loss contingencies are expensed as incurred.
Fair Value of Financial Instruments, Policy [Policy Text Block]	(m) Fair Value Measurements The Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible. The Company determines fair value based on assumptions that market participants would use in pricing an asset or liability in the principal or most advantageous market. When considering market participant assumptions in the fair value measurements, the following fair value hierarchy distinguishes between observable and unobservable inputs, which are categorized in one Level 1 Level 2 1 Level 3 not The carrying value of cash and cash equivalents, accounts receivable, inventory, accounts payable and accrued liabilities approximate their respective fair values due to their relative short maturities. The Company estimated the fair value of its fixed and variable rate debt approximates the $8.6 million carrying value (see Note 9 December 31, 2024 December 31, 2024 2 Nonfinancial assets and liabilities measured at fair value on a nonrecurring basis include certain nonfinancial assets and liabilities acquired in a business combination, are measured at fair value using quoted market prices or, to the extent that there are no
Foreign Currency Transactions and Translations Policy [Policy Text Block]	(n) Foreign Currency Gains and Losses Foreign currency translations are included as a separate component of comprehensive income (loss). The Company has determined the local currency of its foreign subsidiaries and foreign joint ventures to be the functional currency. In accordance with Accounting Standards Codification ("ASC 830"
Share-Based Payment Arrangement [Policy Text Block]	(o) Stock-based Compensation The Company accounts for stock-based compensation in accordance with ASC Topic 718, 718” 14
Segment Reporting, Policy [Policy Text Block]	(p) In accordance with ASC Topic 280 280 not not
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In November 2023, No. 2023 07, 280 2023 07 2023 07, 280. 2023 07 December 15, 2023. 2023 07 10 December 31, 2024. 2023 07 not In November 2024, 2024 03, 220 40 2024 03 2024 03 December 15, 2026. January 1, 2027. not 2023 09

Note 2 - Revenue Recognition (T

Note 2 - Revenue Recognition (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Disaggregation of Revenue [Table Text Block]	Year Ended December 31, 2024 2023 Revenues: LNG Product $ 57,351 $ 58,517 Rental 7,273 6,210 Service 7,436 6,886 Other 1,233 1,501 Total revenues $ 73,293 $ 73,114 Year Ended December 31, 2024 2023 Revenues: United States $ 69,007 $ 65,487 Mexico 4,286 7,627 Total revenues $ 73,293 $ 73,114

Note 3 - Significant Customer_2

Note 3 - Significant Customers and Concentration of Risks (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedules of Concentration of Risk, by Risk Factor [Table Text Block]	For the Year Ended December 31, Revenue 2024 % 2023 % Customer 1 $ 24,599 33.6 % $ 378 0.5 % Customer 2 14,115 19.3 % 13,514 18.5 % $ 38,714 52.8 % $ 13,892 19.0 % At December 31, Accounts Receivable 2024 % 2023 % Customer 1 $ 1,278 20.5 % $ 1,120 14.4 % Customer 2 1,077 17.3 % 378 4.9 % $ 2,355 37.7 % $ 1,498 19.3 %

Note 4 - Derivative Instrumen_2

Note 4 - Derivative Instruments (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]	For the Year Ended December 31, Location on Consolidated Balance Sheet 2024 2023 Prepaid expenses and other current assets (1), (2) $ 207 $ — $ 207 $ —
Derivative Instruments, Gain (Loss) [Table Text Block]	For the Year Ended December 31, Changes in fair value of derivatives 2024 2023 Fair value of natural gas derivatives, beginning of period $ — $ 572 Purchases of natural gas derivatives 359 — Realized gains (losses), net (462 ) (1,113 ) Change in unrealized gain (loss) on natural gas derivatives (1) 310 541 Fair value of natural gas derivatives, end of year $ 207 $ — For the Year Ended December 31, Realized gain (loss) from derivative instruments 2024 2023 Realized gains (losses), net $ (462 ) $ (1,113 ) Derivative settlement payments receivable(ed) 22 — Total realized gain (loss) from natural gas derivatives, net (2) $ (440 ) $ (1,113 )

Note 5 - Prepaid Expenses and_2

Note 5 - Prepaid Expenses and Other Current Assets (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]	December 31, 2024 2023 Prepaid insurance $ 1,044 $ 1,012 Prepaid supplier expenses 167 132 Other receivables 204 159 Natural gas derivatives at fair value, current 207 — Deposits 129 237 Other 151 137 Total prepaid expenses and other current assets $ 1,902 $ 1,677

Note 6 - Property, Plant and _2

Note 6 - Property, Plant and Equipment (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Property, Plant and Equipment [Table Text Block]	Estimated Useful Life December 31, (years) 2024 2023 Liquefaction plants and systems 10 - 15 $ 56,752 $ 48,523 Real property and buildings 3 - 25 2,082 2,066 Vehicles and tanker trailers and equipment 2 - 10 49,754 49,689 Computer and office equipment 2 - 7 545 458 Construction in progress — 8,082 9,879 Leasehold improvements — 31 31 117,246 110,646 Less: accumulated depreciation (65,518 ) (61,167 ) $ 51,728 $ 49,479

Note 7 - Investment in Foreig_2

Note 7 - Investment in Foreign Joint Venture (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Equity Method Investments [Table Text Block]	Year Ended December 31, 2024 2023 Revenues $ 117,459 $ 102,981 Gross profit 14,458 12,544 Earnings 4,101 4,418 December 31, 2024 2023 Assets: Total current assets $ 124,253 $ 135,217 Total non-current assets 9,496 3,003 Total assets $ 133,749 $ 138,220 Liabilities and equity: Total liabilities $ 101,562 $ 104,760 Total joint ventures’ equity 32,187 33,460 Total liabilities and equity $ 133,749 $ 138,220
Schedule of Activity in Investment in Foreign Joint Ventures [Table Text Block]	Initial Investment at Merger (1), (2) Undistributed Earnings Cumulative Foreign Exchange Translation Adj Investment in BOMAY Balance at December 31, 2022 $ 9,333 $ 2,295 $ (22 ) $ 11,606 Equity in earnings — 1,897 — 1,897 Less: dividend distributions — (1,225 ) — (1,225 ) Foreign currency translation loss — — (269 ) (269 ) Balance at December 31, 2023 9,333 2,967 (291 ) 12,009 Equity in earnings — 1,770 — 1,770 Less: dividend distributions — (1,716 ) — (1,716 ) Foreign currency translation loss — — (404 ) (404 ) Balance at December 31, 2024 $ 9,333 $ 3,021 $ (695 ) $ 11,659 December 31, 2024 2023 Original basis difference $ 1,165 $ 1,165 Less accumulated accretion (702 ) (573 ) Net remaining basis difference, net at end of period $ 463 $ 592

Note 8 - Accrued Liabilities (T

Note 8 - Accrued Liabilities (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedule of Accrued Liabilities [Table Text Block]	December 31, 2024 2023 Compensation and benefits $ 2,408 $ 3,276 Customer deposits and prepayments 294 397 Other taxes payable 268 354 Other accrued liabilities 596 139 Total accrued liabilities $ 3,566 $ 4,166

Note 9 - Debt (Tables)

Note 9 - Debt (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedule of Debt [Table Text Block]	December 31, 2024 2023 Secured term note and credit facility, net of debt issuance costs $ 7,975 $ 8,604 Insurance and other notes payable 883 825 Total 8,858 9,429 Less: amounts due within one year (2,010 ) (1,682 ) Total long-term debt, net of debt issuance costs $ 6,848 $ 7,747
Schedule of Maturities of Long-Term Debt [Table Text Block]	Year Ended December 31, 2025 2,010 2026 1,188 2027 1,258 2028 1,332 2029 1,411 Thereafter 1,969 Total long-term debt, including current maturities $ 9,168
Schedule of Interest Expense on Debt [Table Text Block]	December 31, 2024 2023 Secured term note $ 166 $ 345 Secured credit facility 87 49 Secured promissory note - related party — 78 Insurance and other notes payable 38 32 Interest from leases 9 5 Total interest expense $ 300 $ 509

Note 10 - Leases (Tables)

Note 10 - Leases (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedule of Lease Assets and Lease Liability Obligations [Table Text Block]	December 31, Balance sheet line item classification 2024 2023 Assets Operating lease assets Right- of $ 149 $ — Finance lease assets Property and equipment, net of accumulated depreciation 349 43 Total lease assets $ 498 $ 43 Liabilities Current Operating lease obligation Current $ 70 $ 120 Finance lease obligation Current 314 44 Noncurrent Operating lease obligation Long-term portion of operating lease obligations 101 21 Total lease liabilities $ 485 $ 185
Lease, Cost [Table Text Block]	Year Ended December 31, Lease Cost Classification 2024 2023 Operating lease cost Cost of sales $ — $ — Operating lease cost Selling, general and administrative expenses 192 188 Finance lease cost: Amortization of leased assets Depreciation expense 18 21 Interest on lease liabilities Interest expense 9 5 Net lease cost $ 219 $ 214
Schedule of Future Minimum Rental Payments for Operating and Financing Leases [Table Text Block]	Operating Leases Finance Leases Total 2025 $ 89 $ 336 $ 425 2026 66 — 66 2027 40 — 40 Total lease payments 195 336 531 Less: Interest (24 ) (22 ) (46 ) Present value of lease liabilities $ 171 $ 314 $ 485
Schedule of Lease Term and Discount Rates Operating and Finance Lease Obligations [Table Text Block]	December 31, Lease Term and Discount Rate 2024 2023 Weighted-average remaining lease term (years) Operating leases 2.9 1.2 Finance leases 1.0 0.1 Weighted-average discount rate Operating leases 9.5 % 5.8 % Finance leases 8.5 % 10.7 %
Supplemental Cash Flow Information Related to Leases [Table Text Block]	Other information December 31, 2024 December 31, 2023 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 187 $ 181 Financing cash flows from finance leases 76 20 Interest paid 9 5 Noncash activities from right-of-use assets obtained in exchange for lease obligations: Operating leases $ 167 $ — Financing leases 347 —

Note 12 - Income Taxes (Tables)

Note 12 - Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	December 31, 2024 December 31, 2023 Current state income tax expense $ 313 $ 118 Current foreign income tax expense 172 126 Deferred federal income tax expense — — Income tax expense $ 485 $ 244
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	December 31, 2024 December 31, 2023 Income tax benefit using U.S. federal statutory rate $ 1,068 $ 77 State income tax expense 253 26 Foreign income tax expense 172 123 Foreign tax rate difference 70 263 Non-deductible expenses 294 65 Change in valuation allowance (1,511 ) (367 ) Other 139 57 Total income tax expense $ 485 $ 244
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	December 31, 2024 December 31, 2023 Federal net operating loss carryforward $ 11,163 $ 11,737 Stock compensation 337 684 Accrued compensation 57 86 Basis of intangible assets 132 147 Capital loss carryforward 1,631 1,719 Other 5 — Valuation allowance (7,896 ) (9,407 ) Total deferred tax assets 5,429 4,966 Basis of property, plant and equipment 3,189 3,636 Prepaid expenses 219 212 Basis in foreign entity 2,021 1,118 Other — — Total deferred tax liabilities 5,429 4,966 Net deferred tax liabilities $ — $ —

Note 14 - Stockholders' Equit_2

Note 14 - Stockholders' Equity and Stock-based Compensation (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Share-Based Payment Arrangement, Stock Appreciation Right, Activity [Table Text Block]	Stock Appreciation Rights Number of SARs Weighted Average Exercise Price per Share Weighted Average Grant Date Value per SARs Weighted Average Remaining Contractual Term (in years) Outstanding at December 31, 2023 685,437 $ 10.00 $ 0.10 9.5 Granted — — — — Vested — — — — Expired (685,437 ) 10.0 0.10 — Outstanding at December 31, 2024 — — — — SARs vested and exercisable at December 31, 2024 — — — —
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]	# of Restricted Stock Awards and Units Weighted Average Grant Date Fair Value per Share Unvested at 12/31/2022 210,939 4.43 Vested (183,762 ) 5.35 Unvested at 12/31/2023 27,177 4.11 Vested (13,588 ) 4.11 Unvested at 12/31/2024 13,589 4.11
Share-Based Payment Arrangement, Option, Activity [Table Text Block]	Number of Options Weighted Average Exercise Price per Share Weighted Average Grant Date Value per Option Weighted Average Remaining Contractual Term (in years) Outstanding at December 31, 2022 2,074,505 $ 8.51 $ 2.11 8.9 Granted — — — — Outstanding at December 31, 2023 2,074,505 8.51 2.11 7.9 Granted — — — — Outstanding at December 31, 2024 2,074,505 8.51 2.11 6.8 Options vested and exercisable at December 31, 2024 1,816,336 $ 8.86 $ 2.14 6.8
Schedule of Stockholders Equity [Table Text Block]	Year Ended December 31, Issuance Additional disclosure 2024 2023 Vesting of employee stock awards (1) Stock-Based Compensation discussion above 11,623 153,324

Note 15 - Supplemental Cash F_2

Note 15 - Supplemental Cash Flow Information (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]	Year Ended December 31, 2024 2023 Supplemental disclosure of cash flow information: Interest paid $ 575 $ 667 Income taxes paid, net 426 153 Non-cash investing and financing activities: Acquisitions of fixed assets included within accounts payable and accrued expenses $ 175 $ 240 Right-of-use asset acquired under operating leases 167 — Equipment acquired under finance lease 347 — Insurance premium financing 1,042 1,139

Note 16 - Net Income (Loss) P_2

Note 16 - Net Income (Loss) Per Share (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Year Ended December 31, 2024 2023 Weighted average shares: Basic weighted average number of common shares outstanding 18,583,485 18,496,376 Dilutive securities 11,981 12,324 Total shares including dilutive securities 18,595,466 18,508,700 Net income $ 4,599 $ 125 Net income per common share: Basic net income per common share 0.25 0.01 Diluted net income per common share 0.25 0.01

Note 1 - Basis of Presentatio_2

Note 1 - Basis of Presentation and Summary of Significant Accounting Policies (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Accounts Receivable, Credit Loss Expense (Reversal)	$ 102	$ 0
Impairment of Long-Lived Assets to be Disposed of			$ 0
Goodwill, Impairment Loss			$ 0
Long-Term Debt, Fair Value		8,600
Reclassification From Accrued Expenses to Accounts Payable [Member]
Accounts Payable		$ 4,200
Bomay [Member]
Equity Method Investment, Ownership Percentage	40%

Note 2 - Revenue Recognition -

Note 2 - Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Revenues	$ 73,293	$ 73,114
UNITED STATES
Revenues	69,007	65,487
MEXICO
Revenues	4,286	7,627
Natural Gas, Gathering, Transportation, Marketing and Processing [Member]
Revenues	57,351	58,517
Rental [Member]
Revenues	7,273	6,210
Service [Member]
Revenues	7,436	6,886
Product and Service, Other [Member]
Revenues	$ 1,233	$ 1,501

Note 3 - Significant Customer_3

Note 3 - Significant Customers and Concentration of Risks - Schedule of Concentration of Significant Customers (Details) - Customer Concentration Risk [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Revenue from Contract with Customer Benchmark [Member] | Customer One [Member]
Revenue	$ 24,599	$ 378
Concentration Percentage	33.60%	0.50%
Revenue from Contract with Customer Benchmark [Member] | Customer two [Member]
Revenue	$ 14,115	$ 13,514
Concentration Percentage	19.30%	18.50%
Revenue from Contract with Customer Benchmark [Member] | Two Customers [Member]
Revenue	$ 38,714	$ 13,892
Concentration Percentage	52.80%	19%
Accounts Receivable [Member] | Customer One [Member]
Revenue	$ 1,278	$ 1,120
Concentration Percentage	20.50%	14.40%
Accounts Receivable [Member] | Customer two [Member]
Revenue	$ 1,077	$ 378
Concentration Percentage	17.30%	4.90%
Accounts Receivable [Member] | Five Customers [Member]
Revenue	$ 2,355	$ 1,498
Concentration Percentage	37.70%	19.30%

Note 4 - Derivative Instrumen_3

Note 4 - Derivative Instruments (Details Textual) BTU in Millions	12 Months Ended
	Dec. 31, 2023 BTU
Call Option [Member]
Derivative, Nonmonetary Notional Amount, Energy Measure (British Thermal Unit)	0.3

Note 4 - Derivative Instrumen_4

Note 4 - Derivative Instruments - Location and Fair Value of Derivative Instruments (Details) - USD ($) $ in Thousands		Dec. 31, 2024		Dec. 31, 2023	Dec. 31, 2022
Fair value of derivative		$ 207		$ 0
Call Option [Member]
Fair value of derivative		207		0	$ 572
Call Option [Member] | Prepaid Expenses and Other Current Assets [Member]
Fair value of derivative	[2]	$ 207	[1]	$ 0
[1]Amounts are presented on a gross basis.[2]The classification between current and noncurrent assets is based upon when the Call Options mature.

Note 4 - Derivative Instrumen_5

Note 4 - Derivative Instruments - Gain or Losses of Derivative Instruments (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023
Fair value of natural gas derivatives, beginning of period		$ 0
Purchases of natural gas derivatives		359	$ 0
Realized gains (losses), net		(462)	(1,113)
Change in unrealized gain (loss) on natural gas derivatives (1)	[1]	310	541
Fair value of natural gas derivatives, end of year		207	0
Total realized gain (loss) from natural gas derivatives, net (2)		(359)	0
Call Option [Member]
Fair value of natural gas derivatives, beginning of period		0	572
Realized gains (losses), net		(462)	(1,113)
Fair value of natural gas derivatives, end of year		207	0
Derivative settlement payments receivable(ed)		22	0
Total realized gain (loss) from natural gas derivatives, net (2)		$ (440)	$ (1,113)
[1]Amounts are presented on a gross basis.

Note 5 - Prepaid Expenses and_3

Note 5 - Prepaid Expenses and Other Current Assets - Prepaid Expenses and Other Current Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Prepaid insurance	$ 1,044	$ 1,012
Prepaid supplier expenses	167	132
Other receivables	204	159
Natural gas derivatives at fair value, current	207	0
Deposits	129	237
Other	151	137
Total prepaid expenses and other current assets	$ 1,902	$ 1,677

Note 6 - Property, Plant and _3

Note 6 - Property, Plant and Equipment (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Depreciation, Depletion and Amortization, Nonproduction	$ 7,146	$ 7,878
Liquefaction Assets [Member]
Construction in Progress, Gross	$ 8,100	$ 9,900

Note 6 - Property, Plant and _4

Note 6 - Property, Plant and Equipment, Net - Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Property, Plant and Equipment	$ 117,246	$ 110,646
Less: accumulated depreciation	(65,518)	(61,167)
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization	51,728	49,479
Liquefaction Plants and Systems [Member]
Property, Plant and Equipment	$ 56,752	48,523
Liquefaction Plants and Systems [Member] | Minimum [Member]
Property, Plant and Equipment, useful life (Year)	10 years
Liquefaction Plants and Systems [Member] | Maximum [Member]
Property, Plant and Equipment, useful life (Year)	15 years
Real Property and Buildings [Member]
Property, Plant and Equipment	$ 2,082	2,066
Real Property and Buildings [Member] | Minimum [Member]
Property, Plant and Equipment, useful life (Year)	3 years
Real Property and Buildings [Member] | Maximum [Member]
Property, Plant and Equipment, useful life (Year)	25 years
Vehicles [Member]
Property, Plant and Equipment	$ 49,754	49,689
Vehicles [Member] | Minimum [Member]
Property, Plant and Equipment, useful life (Year)	2 years
Vehicles [Member] | Maximum [Member]
Property, Plant and Equipment, useful life (Year)	10 years
Computer Equipment [Member]
Property, Plant and Equipment	$ 545	458
Computer Equipment [Member] | Minimum [Member]
Property, Plant and Equipment, useful life (Year)	2 years
Computer Equipment [Member] | Maximum [Member]
Property, Plant and Equipment, useful life (Year)	7 years
Construction in Progress [Member]
Property, Plant and Equipment	$ 8,082	9,879
Leasehold Improvements [Member]
Property, Plant and Equipment	$ 31	$ 31

Note 7 - Investment in Foreig_3

Note 7 - Investment in Foreign Joint Venture (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Revenue from Contract with Customer, Excluding Assessed Tax	$ 73,293	$ 73,114
Affiliated Entity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 0	0
Bomay [Member]
Equity Method Investment, Ownership Percentage	40%
Equity Method Investment, Summarized Financial Information Accumulated Statutory Reserve	$ 2,660	2,660
Equity Method Investment, Remaining Life of Joint Venture (Year)	8 years
Accretion (Amortization) of Discounts and Premiums, Investments	$ 100	$ 100
Bomay [Member] | Baoji Oilfield Machinery Co Ltd [Member]
Equity Method Investment, Ownership Percentage	51%
Bomay [Member] | A A Energies Inc [Member]
Equity Method Investment, Ownership Percentage	9%

Note 7 - Investments in Foreign

Note 7 - Investments in Foreign Joint Ventures - Summary of Equity Method Investment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Total current assets	$ 17,473	$ 14,972
Total assets	85,584	81,299
Total liabilities	18,576	19,487
Total joint ventures’ equity	67,008	61,812	$ 59,867
Total liabilities and equity	85,584	81,299
Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member]
Revenues	117,459	102,981
Gross profit	14,458	12,544
Earnings	4,101	4,418
Total current assets	124,253	135,217
Total non-current assets	9,496	3,003
Total assets	133,749	138,220
Total liabilities	101,562	104,760
Total joint ventures’ equity	32,187	33,460
Total liabilities and equity	$ 133,749	$ 138,220

Note 7 - Investment in Foreig_4

Note 7 - Investment in Foreign Joint Venture - Schedule of Activity in Investment in Foreign Joint Ventures (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023
Balance		$ 12,009
Equity in earnings		1,770	$ 1,897
Less: dividend distributions, undistributed earnings		(1,716)	(1,225)
Balance		11,659	12,009
Original basis difference		1,165	1,165
Less accumulated accretion		(702)	(573)
Net remaining basis difference, net at end of period		463	592
Bomay [Member]
Balance, initial investment	[1],[2]	9,333	9,333
Balance, undistributed earnings		2,967	2,295
Balance, foreign exchange translation		(291)	(22)
Balance		12,009	11,606
Equity in earnings, undistributed earnings		1,770	1,897
Equity in earnings		1,770	1,897
Less: dividend distributions, undistributed earnings		(1,716)	(1,225)
Foreign currency translation loss		(404)	(269)
Balance, initial investment		9,333	9,333	[1],[2]
Balance, undistributed earnings		3,021	2,967
Balance, foreign exchange translation		(695)	(291)
Balance		$ 11,659	$ 12,009
[1]Accumulated statutory reserves in equity method investments of $2.7 million at September 30, 2024 and December 31, 2023 is included in our investment in BOMAY. In accordance with the People’s Republic of China, (“PRC”) regulations on enterprises with foreign ownership, an enterprise established in the PRC with foreign ownership is required to provide for certain statutory reserves, namely (i) General Reserve Fund, (ii) Enterprise Expansion Fund and (iii) Staff Welfare and Bonus Fund, which are appropriated from net profit as reported in the enterprise’s PRC statutory accounts. A non-wholly-owned foreign invested enterprise is permitted to provide for the above allocation at the discretion of its board of directors. The aforementioned reserves can only be used for specific purposes and are not distributable as cash dividends.[2]The Company’s initial investment in BOMAY differed from the Company’s 40% share of BOMAY’s equity as a result of applying fair value accounting pursuant to ASC 805. The basis difference is being accreted over an original period of nine years (the expected life of the joint venture). The Company's accretion during the nine months ended September 30, 2024 and 2023 both totaled approximately $97 thousand each, respectively, and is included in income from equity investment in foreign joint venture in the accompanying Condensed Consolidated Statements of Operations. The remaining basis difference, net of accumulated accretion at September 30, 2024 and December 31, 2023 is summarized in the following table (in thousands):

Note 8 - Accrued Liabilities -

Note 8 - Accrued Liabilities - Summary of Accrued Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Compensation and benefits	$ 2,408	$ 3,276
Customer deposits and prepayments	294	397
Other taxes payable	268	354
Other accrued liabilities	596	139
Total accrued liabilities	$ 3,566	$ 4,166

Note 9 - Debt (Details Textual)

Note 9 - Debt (Details Textual) - USD ($) $ in Thousands			12 Months Ended
	Jun. 09, 2023	Apr. 08, 2021	Dec. 31, 2024	Dec. 31, 2023	Mar. 09, 2022	Dec. 10, 2020	Aug. 16, 2019
General Insurance Expense			$ 1,200
Long-Term Debt			8,858	$ 9,429
Long-Term Debt, Gross			9,168
Unamortized Debt Issuance Expense			300
Interest Costs Capitalized			$ 400	$ 300
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]		Prime Rate [Member]
Secured Promissory Note [Member] | M G Finance Co. Ltd. [Member]
Debt Instrument, Interest Rate, Stated Percentage					6%	12%	6%
Debt Instrument, Face Amount							$ 5,000
Insurance Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage			7.95%	7.95%
Long-Term Debt			$ 900	$ 800
Cadence Bank [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 10,000
Line of Credit Facility, Increase (Decrease), Net	$ 5,000
Line of Credit Facility, Commitment Fee Percentage	0.50%
Debt Issuance Costs, Line of Credit Arrangements, Net			100
Banking Regulation, Mortgage Banking, Net Worth, Minimum			$ 51,900
Minimum Net Worth Required For Compliance Increase Percentage			50%
Debt Instrument, Covenant, Debt Service Coverage Ratio, Maximum			1.2
Ameri State Bank [Member] | Loan Agreement [Member]
Line of Credit Facility, Maximum Borrowing Capacity		$ 10,000
Debt Instrument, Covenant, Debt Service Coverage Ratio, Maximum			1.2
Long-Term Line of Credit			$ 9,000	$ 9,000
Debt Instrument, Interest Rate, Stated Percentage		5.75%
Debt Instrument, Basis Spread on Variable Rate		2.50%
Debt Instrument, Covenant, Deb-to-Net-Worth Ratio			9.1
Debt Instrument, Periodic Payment			$ 100

Note 9 - Debt - Summary of Debt

Note 9 - Debt - Summary of Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Long-Term Debt	$ 8,858	$ 9,429
Less: amounts due within one year	(2,010)	(1,682)
Total long-term debt, net of debt issuance costs	6,848	7,747
Secured Term Note [Member]
Long-Term Debt	7,975	8,604
Insurance and Other Note Payable [Member]
Long-Term Debt	$ 883	$ 825

Note 9 - Debt - Schedule of Exp

Note 9 - Debt - Schedule of Expected Maturities of Indebtedness (Details) $ in Thousands	Dec. 31, 2024 USD ($)
2025	$ 2,010
2026	1,188
2027	1,258
2028	1,332
2029	1,411
Thereafter	1,969
Total long-term debt, including current maturities	$ 9,168

Note 9 - Debt - Schedule of Int

Note 9 - Debt - Schedule of Interest Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Interest from leases	$ 9	$ 5
Total interest expense	300	509
Secured Term Note [Member]
Interest expense	166	345
Secured term note payable, related party [Member]
Interest expense	87	49
Secured Promissory Note, Related Party [Member] | Related Party [Member]
Interest expense	0	78
Insurance and Other Note Payable [Member]
Interest expense	$ 38	$ 32

Note 10 - Leases (Details Textu

Note 10 - Leases (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Operating Lease, Expense	$ 169	$ 188
Minimum [Member]
Lessee, Operating Lease, Remaining Lease Term (Year)	1 year
Maximum [Member]
Lessee, Operating Lease, Remaining Lease Term (Year)	3 years

Note 10 - Leases - Schedule of

Note 10 - Leases - Schedule of Lease Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Operating lease assets	$ 149	$ 0
Finance lease assets	349	43
Total lease assets	498	43
Operating lease obligation	70	120
Finance lease obligation	314	44
Operating lease obligation	101	21
Total lease liabilities	$ 485	$ 185

Note 10 - Leases - Schedule o_2

Note 10 - Leases - Schedule of Lease Assets and Liabilities (Details) (Parentheticals)	Dec. 31, 2024	Dec. 31, 2023
Operating Lease, Right-of-Use Asset, Statement of Financial Position	Right of Use Assets and Other Assets, Noncurrent	Right of Use Assets and Other Assets, Noncurrent
Operating Lease, Liability, Current, Statement of Financial Position	Finance Lease and Operating Lease, Liability, Current	Finance Lease and Operating Lease, Liability, Current
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Finance Lease and Operating Lease, Liability, Current

Note 10 - Leases - Schedule o_3

Note 10 - Leases - Schedule of Lease Costs (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Amortization of leased assets	$ 18	$ 21
Interest from leases	9	5
Net lease cost	219	214
Cost of Sales [Member]
Operating lease cost	0	0
Selling, General and Administrative Expenses [Member]
Operating lease cost	$ 192	$ 188

Note 10 - Leases - Schedule o_4

Note 10 - Leases - Schedule of Future Minimum Lease Payments for Operating and Finance Obligation (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
2025, operating lease	$ 89
2025, finance leases	336
2025, total	425
2026, operating lease	66
2026, finance leases	0
2026, total	66
2027, operating lease	40
2027, finance leases	0
2027, total	40
Total lease payments, operating lease	195
Total lease payments, finance leases	336
Total lease payments, total	531
Less: Interest, operating lease	(24)
Less: Interest, finance leases	(22)
Less: Interest, total	(46)
Present value of lease liabilities, operating lease	171
Present value of lease liabilities, finance leases	314
Present value of lease liabilities, total	$ 485	$ 185

Note 10 - Leases - Schedule o_5

Note 10 - Leases - Schedule of Lease Costs and Terms for Operating and Finance Lease Obligations (Details)	Dec. 31, 2024	Dec. 31, 2023
Operating leases, weighted average remaining lease term (Year)	2 years 10 months 24 days	1 year 2 months 12 days
Finance leases, weighted average remaining lease term (Year)	1 year	1 month 6 days
Operating leases, weighted average discount rate	9.50%	5.80%
Finance leases, weighted average discount rate	8.50%	10.70%

Note 10 - Leases - Schedule o_6

Note 10 - Leases - Schedule of Supplemental Cash Flow Information Related to Leases (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Operating cash flows from operating leases	$ 187	$ 181
Financing cash flows from finance leases	76	20
Interest paid	9	5
Operating leases	167	0
Financing leases	$ 347	$ 0

Note 11 - Related Party Trans_2

Note 11 - Related Party Transactions (Details Textual) - Affiliated Entity [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Tmg [Member]
Related Party Transaction, Purchases from Related Party	$ 200	$ 400
Revenues	0	0
Accounts Receivable, after Allowance for Credit Loss	0	0
Chart E&C [Member]
Revenues	$ 600	$ 700
Common Stock, Ownership Percentage	7.90%
Board of Directors Chairman [Member] | Tmg [Member]
Limited Liability Company or Limited Partnership, Members or Limited Partners, Ownership Interest		50%

Note 12 - Income Taxes (Details

Note 12 - Income Taxes (Details Textual) $ in Millions	Dec. 31, 2024 USD ($)
Operating Loss Carryforwards	$ 53.2
Operating Loss Carryforwards Not Eligible to Offset Future Income	81.1
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	82.4
Operating Loss Carryforwards, Subject to Expiration	$ 30.2

Note 12 - Income Taxes - Income

Note 12 - Income Taxes - Income Tax Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Current state income tax expense	$ 313	$ 118
Current foreign income tax expense	172	126
Deferred federal income tax expense	0	0
Income tax expense	$ 485	$ 244

Note 12 - Income Taxes - Reconc

Note 12 - Income Taxes - Reconciliation of Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Income tax benefit using U.S. federal statutory rate	$ 1,068	$ 77
State income tax expense	253	26
Foreign income tax expense	172	123
Foreign tax rate difference	70	263
Non-deductible expenses	294	65
Change in valuation allowance	(1,511)	(367)
Other	139	57
Income tax expense	$ 485	$ 244

Note 12 - Income Taxes - Schedu

Note 12 - Income Taxes - Schedule of Deferred Tax Assets (Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Federal net operating loss carryforward	$ 11,163	$ 11,737
Stock compensation	337	684
Accrued compensation	57	86
Basis of intangible assets	132	147
Capital loss carryforward	1,631	1,719
Other	5	0
Valuation allowance	(7,896)	(9,407)
Total deferred tax assets	5,429	4,966
Basis of property, plant and equipment	3,189	3,636
Prepaid expenses	219	212
Basis in foreign entity	2,021	1,118
Other	0	0
Total deferred tax liabilities	5,429	4,966
Net deferred tax liabilities	$ 0	$ 0

Note 13 - Commitments and Con_2

Note 13 - Commitments and Contingencies (Details Textual) $ in Millions	Dec. 31, 2024 USD ($)
Purchase Obligation	$ 1

Note 14 - Stockholders' Equit_3

Note 14 - Stockholders' Equity and Stock-based Compensation (Details Textual) - USD ($) $ / shares in Units, $ in Thousands			12 Months Ended
	Jun. 26, 2023	Feb. 18, 2022	Dec. 31, 2024	Dec. 31, 2023	Sep. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2021
Share-Based Payment Arrangement, Noncash Expense			$ 1,166	$ 2,082
Common Stock, Par or Stated Value Per Share (in dollars per share)			$ 0.001	$ 0.001
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)			0	0
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount			$ 100
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Nonvested, Number of Shares (in shares)			258,169
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)			1 year
Common Stock, Shares Authorized (in shares)			37,500,000	37,500,000
Preferred Stock, Shares Authorized (in shares)			1,000,000
Preferred Stock, Par or Stated Value Per Share (in dollars per share)			$ 0.001
Defined Contribution Plan, Employer Discretionary Contribution Amount			$ 327	$ 274
Stock Appreciation Rights (SARs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	685,437		0
Common Stock, Par or Stated Value Per Share (in dollars per share)	$ 10
Share-Based Payment Arrangement, Expense				$ 11
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number (in shares)			0	685,437
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)			0	0
Share-Based Payment Arrangement, Expense			$ 100	$ 600
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number (in shares)			13,589	27,177			210,939
Share-Based Payment Arrangement, Option [Member]
Share-Based Payment Arrangement, Expense			$ 1,100	$ 1,500
Participant [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Grant Limit (in shares)			2,000,000
Non Employee Board Member [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Grant Limit (in shares)			100,000
Amended And Restated2019 Long Term Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares)			2,129,805		5,500,000	4,000,000		1,675,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)		774,505
Option Indexed to Issuer's Equity, Strike Price (in dollars per share)		$ 6
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Intrinsic Value		$ 1,500
Amended And Restated2019 Long Term Incentive Plan [Member] | Share-Based Payment Arrangement, Option [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)		3 years
Share Price (in dollars per share)		$ 4.11
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Risk Free Interest Rate		0.70%
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Dividend Payments		$ 0
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Term (Year)		6 years 6 months
Share-Based Compensation Arrangement by Share-Based Payment Award, Expiration Period (Year)		10 years
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Weighted Average Volatility Rate		44%

Note 14 - Stockholders' Equit_4

Note 14 - Stockholders' Equity and Stock-based Compensation - Summary of Stock Appreciation Rights (Details) - $ / shares		12 Months Ended
	Jun. 26, 2023	Dec. 31, 2024	Dec. 31, 2023
Outstanding, weighted average exercise price (in dollars per share)		$ 8.51	$ 8.51
Outstanding, weighted average exercise price (in dollars per share)		$ 8.51	$ 8.51
Stock Appreciation Rights (SARs) [Member]
Outstanding, shares (in shares)		685,437
Outstanding, weighted average exercise price (in dollars per share)		$ 10
Outstanding, weighted average grant date fair value (in dollars per share)		$ 0.1
Outstanding, weighted average contractual term (Year)			9 years 6 months
Granted, shares (in shares)	685,437	0
Expired, shares (in shares)		(685,437)
Expired, weighted average exercise price (in dollars per share)		$ 10
Expired, weighted average grant date fair value (in dollars per share)		$ 0.1
Outstanding, shares (in shares)		0	685,437
Outstanding, weighted average exercise price (in dollars per share)		$ 0	$ 10
Outstanding, weighted average grant date fair value (in dollars per share)		$ 0	$ 0.1

Note 14 - Stockholders' Equit_5

Note 14 - Stockholders' Equity and Stock-based Compensation - Restricted Stock Awards and Restricted Stock Units Activity (Details) - Restricted Stock Units (RSUs) [Member] - $ / shares	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Outstanding, shares (in shares)	27,177	210,939
Outstanding, weighted average grant date fair value (in dollars per share)	$ 4.11	$ 4.43
Vested, shares (in shares)	(13,588)	(183,762)	[1]
Vested, weighted average grant date fair value (in dollars per share)	$ 4.11	$ 5.35	[1]
Outstanding, shares (in shares)	13,589	27,177
Outstanding, weighted average grant date fair value (in dollars per share)	$ 4.11	$ 4.11
[1]Amount includes 500,000 RSUs which vested upon the resignation of Mr. Reddinger and 250,000 RSUs which vested upon the employment of Mr. Ballard as described above.

Note 14 - Stockholders' Equit_6

Note 14 - Stockholders' Equity and Stock-based Compensation - Summary of Stock Options (Details) - $ / shares	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Outstanding, shares, options (in shares)	2,074,505	2,074,505
Outstanding, weighted average exercise price (in dollars per share)	$ 8.51	$ 8.51
Outstanding, options, weighted average grant date fair value (in dollars per share)	$ 2.11	$ 2.11	$ 2.11
Outstanding, weighted average remaining contractual term (Year)	6 years 9 months 18 days	7 years 10 months 24 days	8 years 10 months 24 days
Granted, shares, options (in shares)	0	0
Granted, weighted average exercise price (in dollars per share)	$ 0	$ 0
Granted, options, weighted average grant date fair value (in dollars per share)		$ 0
Outstanding, shares, options (in shares)	2,074,505	2,074,505	2,074,505
Outstanding, weighted average exercise price (in dollars per share)	$ 8.51	$ 8.51	$ 8.51
Options vested and exercisable, shares, options (in shares)	1,816,336
Options vested and exercisable, weighted average exercise price (in dollars per share)	$ 8.86
Options vested and exercisable, options, weighted average grant date fair value (in dollars per share)	$ 2.14
Options vested and exercisable, weighted average remaining contractual term (Year)	6 years 9 months 18 days

Note 14 - Stockholders' Equit_7

Note 14 - Stockholders' Equity and Stock-based Compensation - Summary of Issuances of Shares of Our Common Stock (Details) - shares		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023
Vesting of employee stock awards (1) (in shares)	[1]	11,623	153,324
[1]Amounts are net of shares withheld to cover employee tax payments. Amounts vested are for various employees.

Note 15 - Supplemental Cash F_3

Note 15 - Supplemental Cash Flow Information - Summary of Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Interest paid	$ 575	$ 667
Income taxes paid, net	426	153
Acquisitions of fixed assets included within accounts payable and accrued expenses	175	240
Operating leases	167	0
Financing leases	347	0
Insurance premium financing	$ 1,042	$ 1,139

Note 16 - Net Income (Loss) P_3

Note 16 - Net Income (Loss) Per Share (Details Textual) - shares	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Share-Based Payment Arrangement, Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	2,074,505	2,074,505
Stock Appreciation Rights (SARs) [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	0	658,437
Restricted Stock Units (RSUs) [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	13,589	27,177
Restricted Stock Units (RSUs), Treasury Stock Method [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	11,981	12,324

Note 16 - Net Income (Loss) P_4

Note 16 - Net Income (Loss) Per Share - Schedule of Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023
Basic weighted average number of common shares outstanding (in shares)		18,583,485	18,496,376
Dilutive securities (in shares)	[1]	11,981	12,324
Total shares including dilutive securities (in shares)		18,595,466	18,508,700
Net income		$ 4,599	$ 125
Basic and diluted per common share (in dollars per share)		$ 0.25	$ 0.01
Diluted net income per common share (in dollars per share)		$ 0.25	$ 0.01
[1]The Company had no dilutive securities for the three and nine months ended September 30, 2023 since the Company incurred net losses for these periods and inclusion would be anti-dilutive.

Note 17 - Subsequent Event (Det

Note 17 - Subsequent Event (Details Textual) - USD ($)		12 Months Ended
	Jan. 31, 2025	Dec. 31, 2024	Dec. 31, 2023	Feb. 25, 2025	Dec. 31, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Nonvested, Number of Shares (in shares)		258,169
Share-Based Payment Arrangement, Noncash Expense		$ 1,166,000	$ 2,082,000
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number (in shares)		13,589	27,177		210,939
Subsequent Event [Member] | The Modern Group [Member]
Lease, Monthly Rent Payment				$ 28,000
Subsequent Event [Member] | Separation and Consulting Agreement [Member]
Severance Costs	$ 1,000,000
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount	41,000
Consulting Agreement, Monthly Payment	$ 49,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Nonvested, Number of Shares (in shares)	147,525
Shares Issued, Value, Share-Based Payment Arrangement, Forfeited	$ 500,000
Deferred Compensation Arrangement with Individual, Recorded Liability	1,600,000
Share-Based Payment Arrangement, Noncash Expense	$ 400,000
Subsequent Event [Member] | Separation and Consulting Agreement [Member] | Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number (in shares)	7,765
Subsequent Event [Member] | Board of Directors Chairman [Member]
Salary and Wage, Officer, Excluding Cost of Good and Service Sold	$ 500,000