Broadwind (BWEN) 10-Q 9 Aug 22 2022 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2022	Aug. 04, 2022
Document Information [Line Items]
Entity Central Index Key	0001120370
Entity Registrant Name	BROADWIND, INC.
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2022
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	001-34278
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	88-0409160
Entity Address, Address Line One	3240 S. Central Avenue
Entity Address, City or Town	Cicero
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	60804
City Area Code	708
Local Phone Number	780-4800
Title of 12(b) Security	Common stock, $0.001 par value
Trading Symbol	BWEN
Security Exchange Name	NASDAQ
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
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		20,471,051

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
CURRENT ASSETS:
Cash	$ 49	$ 852
Accounts receivable, net	21,161	13,802
Employee retention credit receivable	0	497
Contract assets	3,330	1,136
Inventories, net	34,929	33,377
Prepaid expenses and other current assets	2,065	2,661
Total current assets	61,534	52,325
LONG-TERM ASSETS:
Property and equipment, net	44,454	43,655
Operating lease right-of-use assets	17,140	18,029
Intangible assets, net	3,086	3,453
Other assets	653	585
TOTAL ASSETS	126,867	118,047
CURRENT LIABILITIES:
Line of credit and other notes payable	17,178	6,650
Current portion of finance lease obligations	2,170	2,060
Current portion of operating lease obligations	1,798	1,775
Accounts payable	26,105	16,462
Accrued liabilities	4,312	3,654
Customer deposits	4,293	12,082
Total current liabilities	55,856	42,683
LONG-TERM LIABILITIES:
Long-term debt, net of current maturities	687	177
Long-term finance lease obligations, net of current portion	2,940	2,481
Long-term operating lease obligations, net of current portion	17,511	18,405
Other	197	167
Total long-term liabilities	21,335	21,230
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued or outstanding	0	0
Common stock, $0.001 par value; 30,000,000 shares authorized; 20,744,988 and 19,859,650 shares issued as of June 30, 2022, and December 31, 2021, respectively	20	20
Treasury stock, at cost, 273,937 shares as of June 30, 2022 and December 31, 2021	(1,842)	(1,842)
Additional paid-in capital	396,021	395,372
Accumulated deficit	(344,523)	(339,416)
Total stockholders’ equity	49,676	54,134
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 126,867	$ 118,047

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Jun. 30, 2022	Dec. 31, 2021
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	30,000,000	30,000,000
Common stock, shares issued (in shares)	20,744,988	19,859,650
Treasury stock, common shares (in shares)	273,937	273,937

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenues	$ 50,012	$ 46,491	$ 91,856	$ 79,219
Cost of sales	47,618	44,293	87,450	76,739
Gross profit	2,394	2,198	4,406	2,480
OPERATING EXPENSES:
Selling, general and administrative	4,122	4,325	8,024	8,735
Intangible amortization	184	184	367	367
Total operating expenses	4,306	4,509	8,391	9,102
Operating loss	(1,912)	(2,311)	(3,985)	(6,622)
OTHER (EXPENSE) INCOME, net:
Paycheck Protection Program loan forgiveness	0	9,151	0	9,151
Interest expense, net	(776)	(318)	(1,121)	(547)
Other, net	0	3,775	21	7,137
Total other (expense) income, net	(776)	12,608	(1,100)	15,741
Net (loss) income before provision for income taxes	(2,688)	10,297	(5,085)	9,119
Provision for income taxes	15	45	22	77
NET (LOSS) INCOME	$ (2,703)	$ 10,252	$ (5,107)	$ 9,042
NET (LOSS) INCOME PER COMMON SHARE—BASIC:
Net (loss) income (in dollars per share)	$ (0.13)	$ 0.55	$ (0.26)	$ 0.50
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING—BASIC (in shares)	20,244,176	18,760,910	19,977,477	17,973,896
NET (LOSS) INCOME PER COMMON SHARE—DILUTED:
Net (loss) income (in dollars per share)	$ (0.13)	$ 0.53	$ (0.26)	$ 0.48
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING—DILUTED (in shares)	20,244,176	19,400,060	19,977,477	18,863,770

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Treasury Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
BALANCE (in shares) at Dec. 31, 2020	17,211,498	(273,937)
BALANCE at Dec. 31, 2020	$ 17	$ (1,842)	$ 384,749	$ (342,263)	$ 40,661
Stock issued for restricted stock (in shares)	241,806	0
Stock issued for restricted stock	$ 0	$ 0	0	0	0
Stock issued under defined contribution 401(k) retirement savings plan (in shares)	26,265	0
Stock issued under defined contribution 401(k) retirement savings plan	$ 0	$ 0	258	0	258
Share-based compensation	$ 0	$ 0	219	0	219
Shares withheld for taxes in connection with issuance of restricted stock (in shares)	(105,399)	0
Shares withheld for taxes in connection with issuance of restricted stock	$ 0	$ 0	(847)	0	(847)
Sale of common stock, net (in shares)	1,100,000	0
Sale of common stock, net	$ 1	$ 0	6,100	0	6,101
Net (loss) income	$ 0	$ 0	0	(1,210)	(1,210)
BALANCE (in shares) at Mar. 31, 2021	18,474,170	(273,937)
BALANCE at Mar. 31, 2021	$ 18	$ (1,842)	390,479	(343,473)	45,182
BALANCE (in shares) at Dec. 31, 2020	17,211,498	(273,937)
BALANCE at Dec. 31, 2020	$ 17	$ (1,842)	384,749	(342,263)	40,661
Net (loss) income					9,042
BALANCE (in shares) at Jun. 30, 2021	19,658,998	(273,937)
BALANCE at Jun. 30, 2021	$ 20	$ (1,842)	393,839	(333,221)	58,796
BALANCE (in shares) at Mar. 31, 2021	18,474,170	(273,937)
BALANCE at Mar. 31, 2021	$ 18	$ (1,842)	390,479	(343,473)	45,182
Stock issued for restricted stock (in shares)	440,611	0
Stock issued for restricted stock	$ 1	$ 0	0	0	1
Stock issued under defined contribution 401(k) retirement savings plan (in shares)	71,334	0
Stock issued under defined contribution 401(k) retirement savings plan	$ 0	$ 0	312	0	312
Share-based compensation	$ 0	$ 0	445	0	445
Shares withheld for taxes in connection with issuance of restricted stock (in shares)	(124,814)	0
Shares withheld for taxes in connection with issuance of restricted stock	$ 0	$ 0	(644)	0	(644)
Sale of common stock, net (in shares)	797,697	0
Sale of common stock, net	$ 1	$ 0	3,247	0	3,248
Net (loss) income	$ 0	$ 0	0	10,252	10,252
BALANCE (in shares) at Jun. 30, 2021	19,658,998	(273,937)
BALANCE at Jun. 30, 2021	$ 20	$ (1,842)	393,839	(333,221)	58,796
BALANCE (in shares) at Dec. 31, 2021	19,859,650	(273,937)
BALANCE at Dec. 31, 2021	$ 20	$ (1,842)	395,372	(339,416)	54,134
Stock issued for restricted stock (in shares)	480,595	0
Stock issued for restricted stock	$ 0	$ 0	0	0	0
Stock issued under defined contribution 401(k) retirement savings plan (in shares)	146,790	0
Stock issued under defined contribution 401(k) retirement savings plan	$ 0	$ 0	282	0	282
Share-based compensation	$ 0	$ 0	192	0	192
Shares withheld for taxes in connection with issuance of restricted stock (in shares)	(194,962)	0
Shares withheld for taxes in connection with issuance of restricted stock	$ 0	$ 0	(411)	0	(411)
Net (loss) income	$ 0	$ 0	0	(2,404)	(2,404)
BALANCE (in shares) at Mar. 31, 2022	20,292,073	(273,937)
BALANCE at Mar. 31, 2022	$ 20	$ (1,842)	395,435	(341,820)	51,793
BALANCE (in shares) at Dec. 31, 2021	19,859,650	(273,937)
BALANCE at Dec. 31, 2021	$ 20	$ (1,842)	395,372	(339,416)	$ 54,134
Shares withheld for taxes in connection with issuance of restricted stock (in shares)					(277,908)
Net (loss) income					$ (5,107)
BALANCE (in shares) at Jun. 30, 2022	20,744,988	(273,937)
BALANCE at Jun. 30, 2022	$ 20	$ (1,842)	396,021	(344,523)	49,676
BALANCE (in shares) at Mar. 31, 2022	20,292,073	(273,937)
BALANCE at Mar. 31, 2022	$ 20	$ (1,842)	395,435	(341,820)	51,793
Stock issued for restricted stock (in shares)	328,139	0
Stock issued for restricted stock	$ 0	$ 0	0	0	0
Stock issued under defined contribution 401(k) retirement savings plan (in shares)	207,722	0
Stock issued under defined contribution 401(k) retirement savings plan	$ 0	$ 0	331	0	331
Share-based compensation	$ 0	$ 0	388	0	388
Shares withheld for taxes in connection with issuance of restricted stock (in shares)	(82,946)	0
Shares withheld for taxes in connection with issuance of restricted stock	$ 0	$ 0	(133)	0	(133)
Net (loss) income	$ 0	$ 0	0	(2,703)	(2,703)
BALANCE (in shares) at Jun. 30, 2022	20,744,988	(273,937)
BALANCE at Jun. 30, 2022	$ 20	$ (1,842)	$ 396,021	$ (344,523)	$ 49,676

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income	$ (5,107)	$ 9,042
Adjustments to reconcile net cash used in operating activities:
Depreciation and amortization expense	3,095	3,164
Paycheck Protection Program loan forgiveness	0	(9,151)
Deferred income taxes	(9)	21
Change in fair value of interest rate swap agreements	2	12
Stock-based compensation	580	664
Allowance for doubtful accounts	30	(421)
Common stock issued under defined contribution 401(k) plan	613	570
Loss (gain) on disposal of assets	3	(23)
Changes in operating assets and liabilities:
Accounts receivable	(7,389)	(1,856)
Employee retention credit receivable	497	(1,714)
Contract assets	(2,194)	(412)
Inventories	(1,552)	(5,227)
Prepaid expenses and other current assets	596	1,024
Accounts payable	9,698	(1,342)
Accrued liabilities	656	(953)
Customer deposits	(7,789)	(3,349)
Other non-current assets and liabilities	6	(36)
Net cash used in operating activities	(8,264)	(9,987)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment	(1,697)	(765)
Proceeds from disposals of property and equipment	0	23
Net cash used in investing activities	(1,697)	(742)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from line of credit, net	10,687	4,754
Proceeds from long-term debt	125	387
Payments on long-term debt	(107)	(157)
Principal payments on finance leases	(1,003)	(728)
Shares withheld for taxes in connection with issuance of restricted stock	(544)	(1,491)
Proceeds from sale of common stock, net	0	9,349
Net cash provided by financing activities	9,158	12,114
NET (DECREASE) INCREASE IN CASH	(803)	1,385
CASH beginning of the period	852	3,372
CASH end of the period	$ 49	$ 4,757

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	NOTE 1 The unaudited condensed consolidated financial statements presented herein include the accounts of Broadwind, Inc. (the “Company”) and its wholly-owned subsidiaries Broadwind Heavy Fabrications, Inc. (“Broadwind Heavy Fabrications”), Brad Foote Gear Works, Inc. (“Brad Foote”) and Broadwind Industrial Solutions, LLC (“Broadwind Industrial Solutions”). All intercompany transactions and balances have been eliminated. The financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and in accordance with the instructions to Form 10 10 X. not Operating results for the three six June 30, 2022 not may twelve December 31, 2022, may 10 December 31, 2021 The December 31, 2021 not 10 December 31, 2021 There have been no six June 30, 2022 10 December 31, 2021 Company Description Through its subsidiaries, the Company is a precision manufacturer of structures, equipment and components for clean technology and other specialized applications. The Company provides technologically advanced high value products to customers with complex systems and stringent quality standards that operate in energy, mining and infrastructure sectors, primarily in the United States of America (the “U.S.”). The Company’s capabilities include, but are not first six 2022 2021, Liquidity The Company typically meets its short term liquidity needs through cash generated from operations, its available cash balances, the 2016 2022 7, 3 See Note 7, 2016 2022 Total debt and finance lease obligations at June 30, 2022 On August 18, 2020, 3, October 13, 2020 ( 3” October 12, 2023. one On March 9, 2021, first two 2021. On March 27, 2020, September 30, 2021 70% 2021 $7,000 first second 2021, not third 2021 2021 third 2019. December 31, 2021 December 31, 2021. January 2022. The Company also utilizes supply chain financing arrangements as a component of its funding for working capital, which accelerates receivable collections and helps to better manage cash flow. Under these agreements, the Company has agreed to sell certain of its accounts receivable balances to banking institutions who have agreed to advance amounts equal to the net accounts receivable balances due, less a discount as set forth in the respective agreements. The balances under these agreements are accounted for as sales of accounts receivable, as they are sold without recourse. Cash proceeds from these agreements are reflected as operating activities included in the change in accounts receivable in the Company's consolidated statements of cash flows. Fees incurred in connection with the agreements are recorded as interest expense by the Company. During the three six June 30, 2022, three six June 30, 2021, The Company anticipates that current cash resources, amounts available under the 2022 3 twelve ​ If assumptions regarding the Company’s production, sales and subsequent collections from certain of the Company’s large customers, as well as receipt of customer deposits and revenues generated from new customer orders, are materially inconsistent with management’s expectations, particularly in light of the COVID- 19 may may may no ​ Management’s Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent liabilities as of the date of the financial statements and reported amounts of revenues and expenses during the reported period. Significant estimates, among others, include revenue recognition, future cash flows, inventory reserves, warranty reserves, impairment of long-lived assets, allowance for doubtful accounts, health insurance reserves, and valuation allowances on deferred taxes. Although these estimates are based upon management’s best knowledge of current events and actions that the Company may 19

Note 2 - Revenues

Note 2 - Revenues	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	NOTE 2 Revenues are recognized when the promised goods or services are transferred to customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. The following table presents the Company’s revenues disaggregated by revenue source for the three six June 30, 2022 2021 Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Heavy Fabrications $ 35,575 $ 35,830 $ 62,847 $ 58,607 Gearing 10,115 7,404 20,700 12,753 Industrial Solutions 5,049 3,541 9,121 8,145 Eliminations (727 ) (284 ) (812 ) (286 ) Consolidated $ 50,012 $ 46,491 $ 91,856 $ 79,219 Revenue within the Company’s Gearing and Industrial Solutions segments, as well as industrial fabrication product line revenues within the Heavy Fabrications segment, are generally recognized at a point in time, typically when the promised goods or services are physically transferred to its customers in an amount that reflects the consideration it expects to be entitled to in exchange for those goods or services. A performance obligation is a promise in a contract to transfer a distinct product or service to the customer. The Company measures revenue based on the consideration specified in the purchase order and revenue is recognized when the performance obligations are satisfied. If applicable, the transaction price of a contract is allocated to each distinct performance obligation and recognized as revenue when or as the customer receives the benefit of the performance obligation. For many tower sales within the Company’s Heavy Fabrications segment, products are sold under terms included in bill and hold sales arrangements that result in different timing for revenue recognition. The Company recognizes revenue under these arrangements only when there is a substantive reason for the agreement, the ordered goods are identified separately as belonging to the customer and not not Within the Gearing segment, the Company recognized revenue over time of $975 three six June 30, 2021, no fourth 2021, six June 30, 2022 2021, no three six June 30, 2022, three six June 30, 2021, not not The Company generally expenses sales commissions when incurred. These costs are recorded within selling, general and administrative expenses. Customer deposits, deferred revenue and other receipts are deferred and recognized when the revenue is realized and earned. Cash payments to customers are classified as reductions of revenue in the Company’s statement of operations. The Company does not one

Note 3 - Earnings Per Share

Note 3 - Earnings Per Share	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE 3 The following table presents a reconciliation of basic and diluted earnings per share for the three six June 30, 2022 2021 Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 Basic earnings per share calculation: Net (loss) income $ (2,703 ) $ 10,252 $ (5,107 ) $ 9,042 Weighted average number of common shares outstanding 20,244,176 18,760,910 19,977,477 17,973,896 Basic net (loss) income per share $ (0.13 ) $ 0.55 $ (0.26 ) $ 0.50 Diluted earnings per share calculation: Net (loss) income $ (2,703 ) $ 10,252 $ (5,107 ) $ 9,042 Weighted average number of common shares outstanding 20,244,176 18,760,910 19,977,477 17,973,896 Common stock equivalents: Non-vested stock awards (1) — 639,150 — 889,874 Weighted average number of common shares outstanding 20,244,176 19,400,060 19,977,477 18,863,770 Diluted net (loss) income per share $ (0.13 ) $ 0.53 $ (0.26 ) $ 0.48 ( 1 June 30, 2022, three six June 30, 2022.

Note 4 - Inventories

Note 4 - Inventories	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Inventory Disclosure [Text Block]	NOTE 4 The components of inventories as of June 30, 2022 December 31, 2021 June 30, December 31, 2022 2021 Raw materials $ 23,251 $ 16,148 Work-in-process 10,494 13,639 Finished goods 3,315 6,575 37,060 36,362 Less: Reserve for excess and obsolete inventory (2,131 ) (2,985 ) Net inventories $ 34,929 $ 33,377

Note 5 - Intangible Assets

Note 5 - Intangible Assets	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Intangible Assets Disclosure [Text Block]	NOTE 5 Intangible assets represent the fair value assigned to definite-lived assets such as trade names and customer relationships as part of the Company’s acquisition of Brad Foote completed in 2007 2017. As of June 30, 2022 December 31, 2021 June 30, 2022 December 31, 2021 Remaining Remaining Weighted Weighted Accumulated Net Average Accumulated Net Average Cost Accumulated Impairment Book Amortization Accumulated Impairment Book Amortization Basis Amortization Charges Value Period Cost Amortization Charges Value Period Intangible assets: Noncompete agreements $ 170 $ (153 ) $ — $ 17 0.6 $ 170 $ (139 ) $ — $ 31 1.1 Customer relationships 15,979 (7,437 ) (7,592 ) 950 3.5 15,979 (7,284 ) (7,592 ) 1,103 4.0 Trade names 9,099 (6,980 ) — 2,119 5.3 9,099 (6,780 ) — 2,319 5.8 Intangible assets $ 25,248 $ (14,570 ) $ (7,592 ) $ 3,086 4.7 $ 25,248 $ (14,203 ) $ (7,592 ) $ 3,453 5.2 ​ As of June 30, 2022 2022 $ 363 2023 664 2024 661 2025 661 2026 422 2027 and thereafter 315 Total $ 3,086 ​ ​

Note 6 - Accrued Liabilities

Note 6 - Accrued Liabilities	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	NOTE 6 Accrued liabilities as of June 30, 2022 December 31, 2021 June 30, December 31, 2022 2021 Accrued payroll and benefits $ 3,380 $ 2,992 Fair value of interest rate swap — 27 Accrued property taxes 376 — Income taxes payable 10 1 Accrued professional fees 94 129 Accrued warranty liability 127 125 Self-insured workers compensation reserve 119 166 Accrued other 206 214 Total accrued liabilities $ 4,312 $ 3,654

Note 7 - Debt and Credit Agreem

Note 7 - Debt and Credit Agreements	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE 7 The Company’s outstanding debt balances as of June 30, 2022 December 31, 2021 June 30, December 31, 2022 2021 Line of credit $ 17,037 $ 6,350 Other notes payable 638 274 Long-term debt 190 203 Less: Current portion (17,178 ) (6,650 ) Long-term debt, net of current maturities $ 687 $ 177 Credit Facility On October 26, 2016, three February 25, 2019, three “2016 2016 first On October 29, 2020, twelve 2016 July 31, 2023. On February 23, 2021, March 31, 2021 June 20, 2021, March 31, 2021 March 31, 2021 June 30, 2021. September 30, 2021, On November 8, 2021, September 30, 2021, September 30, 2022, three December 31, 2021, six March 31, 2022, nine June 30, 2022 twelve September 30, 2022 December 31, 2022. On February 28, 2022, January 31, 2024, three December 31, 2021, December 31, 2022 nine March 31, 2022, three March 31, 2022, six June 30, 2022 nine September 30, 2022, The 2016 In conjunction with the Amended and Restated Loan Agreement, during June 2019, 2016 may December 31, 2021 February 2022. On August 4, 2022, may “2022 2022 2022 2016 2016 2022 August 5, 2022. The 2022 2022 2022 twelve July 31, 2023 December 31, 2023 1.0; twelve 1.0 2022 six June 30, 2022, nine September 30, 2022, twelve December 31, 2022, twelve March 31, 2023, twelve June 30, 2023. August 4, 2027 August 4, 2027, Borrowings under the 2022 • term loan - Daily Simple SOFR (a rate per annum equal to the secured overnight financing rate published by the SOFR administrator on the website of the Federal Reserve Bank of New York or any successor source), plus an applicable margin of 2.50%; • revolving credit loan - Daily Simple SOFR, plus an applicable margin of 2.00% to 2.50% depending on the excess availability on the revolving loan facility. The 2022 2022 2022 2022 The obligations under the 2022 first In connection with the 2022 August 4, 2022, 5100 2022 As of June 30, 2022 2016 2016 June 30, 2022. Other In 2016, June 30, 2022 December 31, 2021 2021, 2020, 2019, 2018, June 30, 2022 June 30, 2022 December 31, 2021 June 30, 2022 December 31, 2021 September 2028.

Note 8 - Leases

Note 8 - Leases	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Lessee Operating and Finance Leases [Text Block]	NOTE 8 The Company leases certain facilities and equipment. The leases are accounted for under Accounting Standard Update 2016 02, 842” The Company has elected to apply the short-term lease exception to all leases of one six June 30, 2022 2021, six June 30, 2022 2021, Some of the Company’s facility leases include options to renew. The exercise of the renewal options is typically at the Company’s discretion. The Company regularly evaluates the renewal options and includes them in the lease term when the Company is reasonably certain to exercise them. Quantitative information regarding the Company’s leases is as follows: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Components of lease cost Finance lease cost components: Amortization of finance lease assets $ 288 $ 254 $ 576 $ 440 Interest on finance lease liabilities 96 105 176 173 Total finance lease costs 384 359 752 613 Operating lease cost components: Operating lease cost 705 760 1,403 1,519 Short-term lease cost 144 178 296 374 Variable lease cost (1) 226 197 452 427 Sublease income (31 ) (46 ) (79 ) (92 ) Total operating lease costs 1,044 1,089 2,072 2,228 Total lease cost $ 1,428 $ 1,448 $ 2,824 $ 2,841 Supplemental cash flow information related to our operating leases is as follows for the six months ended June 30, 2022 and 2021: Cash paid for amounts included in the measurement of lease liabilities: Operating cash outflow from operating leases $ 1,736 $ 1,800 Weighted-average remaining lease term-finance leases at end of period (in years) 2.7 2.2 Weighted-average remaining lease term-operating leases at end of period (in years) 8.5 9.3 Weighted-average discount rate-finance leases at end of period 6.0 % 8.6 % Weighted-average discount rate-operating leases at end of period 8.7 % 8.5 % ( 1 Variable lease costs consist primarily of taxes, insurance, utilities, and common area or other maintenance costs for the Company’s leased facilities and equipment. ​ As of June 30, 2022 ​ Finance Operating Leases Leases Total 2022 $ 1,358 $ 1,738 $ 3,096 2023 1,924 3,388 5,312 2024 1,041 2,933 3,974 2025 635 3,015 3,650 2026 422 3,059 3,481 2027 and thereafter 413 14,043 14,456 Total lease payments 5,793 28,176 33,969 Less—portion representing interest (683 ) (8,867 ) (9,550 ) Present value of lease obligations 5,110 19,309 24,419 Less—current portion of lease obligations (2,170 ) (1,798 ) (3,968 ) Long-term portion of lease obligations $ 2,940 $ 17,511 $ 20,451 ​

Note 9 - Fair Value Measurement

Note 9 - Fair Value Measurements	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Fair Value Disclosures [Text Block]	NOTE 9 Fair Value of Financial Instruments The carrying amounts of the Company’s financial instruments, which include cash, accounts receivable, accounts payable and customer deposits, approximate their respective fair values due to the relatively short-term nature of these instruments. Based upon interest rates currently available to the Company for debt with similar terms, the carrying value of the Company’s long-term debt is approximately equal to its fair value. The Company entered into an interest rate swap in June 2019 7, February 2022. The Company is required to provide disclosure and categorize assets and liabilities measured at fair value into one three 1 3 Level 1 Level 2 not Level 3 The following tables represent the fair values of the Company’s financial liabilities as of June 30, 2022 December 31, 2021 June 30, 2022 Level 1 Level 2 Level 3 Total Liabilities measured on a recurring basis: Interest rate swap $ — $ — $ — $ — Total liabilities at fair value $ — $ — $ — $ — December 31, 2021 Level 1 Level 2 Level 3 Total Liabilities measured on a recurring basis: Interest rate swap $ — $ 27 $ — $ 27 Total liabilities at fair value $ — $ 27 $ — $ 27

Note 10 - Income Taxes

Note 10 - Income Taxes	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE 10 Effective tax rates differ from federal statutory income tax rates primarily due to changes in the Company’s valuation allowance, permanent differences and provisions for state and local income taxes. As of June 30, 2022 six June 30, 2022 six June 30, 2021 The Company files income tax returns in U.S. federal and state jurisdictions. As of June 30, 2022 1996 December 31, 2021 2026. 2028 2037. January 1, 2018 not Since the Company has no not twelve 382 1986, may may 382 382 2010, may In February 2013, February 2016 382 February 7, 2019, three 2019 April 23, 2019. February 3, 2022, three 2022 April 26, 2022. The Rights Plan is intended to act as a deterrent to any person or group, together with its affiliates and associates, becoming the beneficial owner of 4.9% or more of the Company’s common stock and thereby triggering a further limitation of the Company’s available NOL carryforwards. In connection with the adoption of the Rights Plan, the Board declared a non-taxable dividend of one preferred share purchase right (a “Right”) for each outstanding share of the Company’s common stock to the Company’s stockholders of record as of the close of business on February 22, 2013. one one February 12, 2013 not As of June 30, 2022 June 30, 2022

Note 11 - Share-based Compensat

Note 11 - Share-based Compensation	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	NOTE 11 ​ There was no six June 30, 2022 June 30, 2022 The following table summarizes the Company’s restricted stock unit and performance award activity during the six June 30, 2022 Weighted Average Number of Grant-Date Fair Value Shares Per Share Unvested as of December 31, 2021 918,448 $ 2.72 Granted 734,077 $ 1.75 Vested (808,734 ) $ 2.23 Forfeited (13,901 ) $ 2.82 Unvested as of June 30, 2022 829,890 $ 2.38 Under certain situations, shares are withheld from issuance to cover taxes for the vesting of restricted stock units and performance awards. For the six June 30, 2022, The following table summarizes share-based compensation expense included in the Company’s condensed consolidated statements of operations for the six June 30, 2022 2021 Six Months Ended June 30, 2022 2021 Share-based compensation expense: Cost of sales $ 83 $ 76 Selling, general and administrative 497 588 Net effect of share-based compensation expense on net income $ 580 $ 664 Reduction in earnings per share: Basic earnings per share $ 0.03 $ 0.04 Diluted earnings per share $ 0.03 $ 0.04

Note 12 - Legal Proceedings

Note 12 - Legal Proceedings	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Legal Matters and Contingencies [Text Block]	NOTE 12 The Company is party to a variety of legal proceedings that arise in the normal course of its business. While the results of these legal proceedings cannot be predicted with certainty, management believes that the final outcome of these proceedings will not no not one

Note 13 - Recent Accounting Pro

Note 13 - Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Accounting Standards Update and Change in Accounting Principle [Text Block]	NOTE 13 The Company reviews new accounting standards as issued. Although some of the accounting standards issued or effective in the current fiscal year may none

Note 14 - Segment Reporting

Note 14 - Segment Reporting	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	NOTE 14— The Company is organized into reporting segments based on the nature of the products offered and business activities from which it earns revenues and incurs expenses for which discrete financial information is available and regularly reviewed by the Company’s chief operating decision maker. The Company’s segments and their product and service offerings are summarized below: Heavy Fabrications The Company provides large, complex and precision fabrications to customers in a broad range of industrial markets. The Company’s most significant presence is within the U.S. wind energy industry, although it has diversified into other industrial markets in order to improve capacity utilization, reduce customer concentration, and reduce exposure to uncertainty related to governmental policies currently impacting the U.S. wind energy industry. Within the U.S. wind energy industry, the Company provides steel towers and tower adapters primarily to wind turbine manufacturers. Production facilities, located in Manitowoc, Wisconsin and Abilene, Texas, are situated in close proximity to the primary U.S. domestic wind energy and equipment manufacturing hubs. The two facilities have a combined annual tower production capacity of up to approximately 550 towers (1,650 tower sections), sufficient to support turbines generating more than 1,100 megawatts of power. The Company has expanded production capabilities and leveraged manufacturing competencies, including welding, lifting capacity and stringent quality practices, into aftermarket and original equipment manufacturer (“OEM”) components utilized in surface and underground mining, construction, material handling, oil and gas (“O&G”) and other infrastructure markets. Gearing The Company provides gearing and gearboxes to a broad set of customers in diverse markets including; onshore and offshore O&G fracking and drilling, surface and underground mining, wind energy, steel, material handling and other infrastructure markets. The Company has manufactured loose gearing, gearboxes and systems, and provided heat treat services for aftermarket and OEM applications for nearly a century. The Company uses an integrated manufacturing process, which includes machining and finishing processes in Cicero, Illinois, and heat treatment and gearbox repair in Neville Island, Pennsylvania. Industrial Solutions The Company provides supply chain solutions, light fabrication, inventory management, kitting and assembly services, primarily serving the combined cycle natural gas turbine market, as well as other clean technology markets. Corporate “Corporate” includes the assets and selling, general and administrative expenses of the Company’s corporate office. “Eliminations” comprises adjustments to reconcile segment results to consolidated results. The accounting policies of the reportable segments are the same as those referenced in Note 1, three six June 30, 2022 2021 Heavy Fabrications Gearing Industrial Solutions Corporate Eliminations Consolidated For the Three Months Ended June 30, 2022 Revenues from external customers $ 35,575 $ 10,107 $ 4,330 $ — $ — $ 50,012 Intersegment revenues — 8 719 — (727 ) — Net revenues 35,575 10,115 5,049 — (727 ) 50,012 Operating income (loss) 78 (585 ) 32 (1,437 ) — (1,912 ) Depreciation and amortization 862 555 98 61 — 1,576 Capital expenditures 718 476 9 2 — 1,205 Heavy Fabrications Gearing Industrial Solutions Corporate Eliminations Consolidated For the Three Months Ended June 30, 2021 Revenues from external customers $ 35,825 $ 7,404 $ 3,262 $ — $ — $ 46,491 Intersegment revenues 5 — 279 — (284 ) — Net revenues 35,830 7,404 3,541 — (284 ) 46,491 Operating income (loss) 271 (882 ) (47 ) (1,631 ) (22 ) (2,311 ) Depreciation and amortization 992 462 104 53 — 1,611 Capital expenditures 85 37 6 25 — 153 Heavy Fabrications Gearing Industrial Solutions Corporate Eliminations Consolidated For the Six Months Ended June 30, 2022 Revenues from external customers $ 62,847 $ 20,684 $ 8,325 $ — $ — $ 91,856 Intersegment revenues — 16 796 — (812 ) — Net revenues 62,847 20,700 9,121 — (812 ) 91,856 Operating loss (383 ) (697 ) (177 ) (2,728 ) — (3,985 ) Depreciation and amortization 1,741 1,031 201 122 — 3,095 Capital expenditures 1,200 476 18 3 — 1,697 Heavy Fabrications Gearing Industrial Solutions Corporate Eliminations Consolidated For the Six Months Ended June 30, 2021 Revenues from external customers $ 58,602 $ 12,753 $ 7,864 $ — $ — $ 79,219 Intersegment revenues 5 — 281 — (286 ) — Net revenues 58,607 12,753 8,145 — (286 ) 79,219 Operating loss (1,429 ) (1,871 ) (61 ) (3,239 ) (22 ) (6,622 ) Depreciation and amortization 1,937 920 210 97 — 3,164 Capital expenditures 648 37 26 54 — 765 Total Assets as of June 30, December 31, Segments: 2022 2021 Heavy Fabrications $ 41,648 $ 37,131 Gearing 51,854 46,219 Industrial Solutions 11,769 10,825 Corporate 236,584 228,219 Eliminations (214,988 ) (204,347 ) $ 126,867 $ 118,047

Note 15 - Commitments and Conti

Note 15 - Commitments and Contingencies	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE 15 Environmental Compliance and Remediation Liabilities The Company’s operations and products are subject to a variety of environmental laws and regulations in the jurisdictions in which the Company operates and sells products governing, among other things, air emissions, wastewater discharges, the use, handling and disposal of hazardous materials, soil and groundwater contamination, employee health and safety, and product content, performance and packaging. Certain environmental laws may one may Allowance for Doubtful Accounts Based upon past experience and judgment, the Company establishes an allowance for doubtful accounts with respect to accounts receivable. The Company’s standard allowance estimation methodology considers a number of factors that, based on its collections experience, the Company believes will have an impact on its credit risk and the collectability of its accounts receivable. These factors include individual customer circumstances, history with the Company, the length of the time period during which the account receivable has been past due and other relevant criteria. The Company monitors its collections and write-off experience to assess whether or not may may six June 30, 2022 2021 For the Six Months Ended June 30, 2022 2021 Balance at beginning of period $ 47 $ 473 Bad debt expense 40 9 Write-offs — (429 ) Other adjustments (10 ) (1 ) Balance at end of period $ 77 $ 52 Collateral In select instances, the Company has pledged specific inventory and machinery and equipment assets to serve as collateral on related payable or financing obligations. Liquidated Damages In certain customer contracts, the Company has agreed to pay liquidated damages in the event of qualifying delivery or production delays. These damages are typically limited to a specific percentage of the value of the product in question and/or are dependent on actual losses sustained by the customer. The Company does not no June 30, 2022 December 31, 2021.

Note 2 - Revenues (Tables)

Note 2 - Revenues (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Heavy Fabrications $ 35,575 $ 35,830 $ 62,847 $ 58,607 Gearing 10,115 7,404 20,700 12,753 Industrial Solutions 5,049 3,541 9,121 8,145 Eliminations (727 ) (284 ) (812 ) (286 ) Consolidated $ 50,012 $ 46,491 $ 91,856 $ 79,219

Note 3 - Earnings Per Share (Ta

Note 3 - Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 Basic earnings per share calculation: Net (loss) income $ (2,703 ) $ 10,252 $ (5,107 ) $ 9,042 Weighted average number of common shares outstanding 20,244,176 18,760,910 19,977,477 17,973,896 Basic net (loss) income per share $ (0.13 ) $ 0.55 $ (0.26 ) $ 0.50 Diluted earnings per share calculation: Net (loss) income $ (2,703 ) $ 10,252 $ (5,107 ) $ 9,042 Weighted average number of common shares outstanding 20,244,176 18,760,910 19,977,477 17,973,896 Common stock equivalents: Non-vested stock awards (1) — 639,150 — 889,874 Weighted average number of common shares outstanding 20,244,176 19,400,060 19,977,477 18,863,770 Diluted net (loss) income per share $ (0.13 ) $ 0.53 $ (0.26 ) $ 0.48

Note 4 - Inventories (Tables)

Note 4 - Inventories (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Schedule of Inventory, Current [Table Text Block]	June 30, December 31, 2022 2021 Raw materials $ 23,251 $ 16,148 Work-in-process 10,494 13,639 Finished goods 3,315 6,575 37,060 36,362 Less: Reserve for excess and obsolete inventory (2,131 ) (2,985 ) Net inventories $ 34,929 $ 33,377

Note 5 - Intangible Assets (Tab

Note 5 - Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Schedule of Finite-Lived Intangible Assets [Table Text Block]	June 30, 2022 December 31, 2021 Remaining Remaining Weighted Weighted Accumulated Net Average Accumulated Net Average Cost Accumulated Impairment Book Amortization Accumulated Impairment Book Amortization Basis Amortization Charges Value Period Cost Amortization Charges Value Period Intangible assets: Noncompete agreements $ 170 $ (153 ) $ — $ 17 0.6 $ 170 $ (139 ) $ — $ 31 1.1 Customer relationships 15,979 (7,437 ) (7,592 ) 950 3.5 15,979 (7,284 ) (7,592 ) 1,103 4.0 Trade names 9,099 (6,980 ) — 2,119 5.3 9,099 (6,780 ) — 2,319 5.8 Intangible assets $ 25,248 $ (14,570 ) $ (7,592 ) $ 3,086 4.7 $ 25,248 $ (14,203 ) $ (7,592 ) $ 3,453 5.2
Finite-Lived Intangible Assets Amortization Expense [Table Text Block]	2022 $ 363 2023 664 2024 661 2025 661 2026 422 2027 and thereafter 315 Total $ 3,086

Note 6 - Accrued Liabilities (T

Note 6 - Accrued Liabilities (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Schedule of Accrued Liabilities [Table Text Block]	June 30, December 31, 2022 2021 Accrued payroll and benefits $ 3,380 $ 2,992 Fair value of interest rate swap — 27 Accrued property taxes 376 — Income taxes payable 10 1 Accrued professional fees 94 129 Accrued warranty liability 127 125 Self-insured workers compensation reserve 119 166 Accrued other 206 214 Total accrued liabilities $ 4,312 $ 3,654

Note 7 - Debt and Credit Agre_2

Note 7 - Debt and Credit Agreements (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Schedule of Debt [Table Text Block]	June 30, December 31, 2022 2021 Line of credit $ 17,037 $ 6,350 Other notes payable 638 274 Long-term debt 190 203 Less: Current portion (17,178 ) (6,650 ) Long-term debt, net of current maturities $ 687 $ 177

Note 8 - Leases (Tables)

Note 8 - Leases (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Schedule of Lease Quantitative Disclosure [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Components of lease cost Finance lease cost components: Amortization of finance lease assets $ 288 $ 254 $ 576 $ 440 Interest on finance lease liabilities 96 105 176 173 Total finance lease costs 384 359 752 613 Operating lease cost components: Operating lease cost 705 760 1,403 1,519 Short-term lease cost 144 178 296 374 Variable lease cost (1) 226 197 452 427 Sublease income (31 ) (46 ) (79 ) (92 ) Total operating lease costs 1,044 1,089 2,072 2,228 Total lease cost $ 1,428 $ 1,448 $ 2,824 $ 2,841 Supplemental cash flow information related to our operating leases is as follows for the six months ended June 30, 2022 and 2021: Cash paid for amounts included in the measurement of lease liabilities: Operating cash outflow from operating leases $ 1,736 $ 1,800 Weighted-average remaining lease term-finance leases at end of period (in years) 2.7 2.2 Weighted-average remaining lease term-operating leases at end of period (in years) 8.5 9.3 Weighted-average discount rate-finance leases at end of period 6.0 % 8.6 % Weighted-average discount rate-operating leases at end of period 8.7 % 8.5 %
Finance and Operating Lease Liability Maturity [Table Text Block]	Finance Operating Leases Leases Total 2022 $ 1,358 $ 1,738 $ 3,096 2023 1,924 3,388 5,312 2024 1,041 2,933 3,974 2025 635 3,015 3,650 2026 422 3,059 3,481 2027 and thereafter 413 14,043 14,456 Total lease payments 5,793 28,176 33,969 Less—portion representing interest (683 ) (8,867 ) (9,550 ) Present value of lease obligations 5,110 19,309 24,419 Less—current portion of lease obligations (2,170 ) (1,798 ) (3,968 ) Long-term portion of lease obligations $ 2,940 $ 17,511 $ 20,451

Note 9 - Fair Value Measureme_2

Note 9 - Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Fair Value, Liabilities Measured on Recurring Basis [Table Text Block]	June 30, 2022 Level 1 Level 2 Level 3 Total Liabilities measured on a recurring basis: Interest rate swap $ — $ — $ — $ — Total liabilities at fair value $ — $ — $ — $ — December 31, 2021 Level 1 Level 2 Level 3 Total Liabilities measured on a recurring basis: Interest rate swap $ — $ 27 $ — $ 27 Total liabilities at fair value $ — $ 27 $ — $ 27

Note 11 - Share-based Compens_2

Note 11 - Share-based Compensation (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]	Weighted Average Number of Grant-Date Fair Value Shares Per Share Unvested as of December 31, 2021 918,448 $ 2.72 Granted 734,077 $ 1.75 Vested (808,734 ) $ 2.23 Forfeited (13,901 ) $ 2.82 Unvested as of June 30, 2022 829,890 $ 2.38
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]	Six Months Ended June 30, 2022 2021 Share-based compensation expense: Cost of sales $ 83 $ 76 Selling, general and administrative 497 588 Net effect of share-based compensation expense on net income $ 580 $ 664 Reduction in earnings per share: Basic earnings per share $ 0.03 $ 0.04 Diluted earnings per share $ 0.03 $ 0.04

Note 14 - Segment Reporting (Ta

Note 14 - Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Heavy Fabrications Gearing Industrial Solutions Corporate Eliminations Consolidated For the Three Months Ended June 30, 2022 Revenues from external customers $ 35,575 $ 10,107 $ 4,330 $ — $ — $ 50,012 Intersegment revenues — 8 719 — (727 ) — Net revenues 35,575 10,115 5,049 — (727 ) 50,012 Operating income (loss) 78 (585 ) 32 (1,437 ) — (1,912 ) Depreciation and amortization 862 555 98 61 — 1,576 Capital expenditures 718 476 9 2 — 1,205 Heavy Fabrications Gearing Industrial Solutions Corporate Eliminations Consolidated For the Three Months Ended June 30, 2021 Revenues from external customers $ 35,825 $ 7,404 $ 3,262 $ — $ — $ 46,491 Intersegment revenues 5 — 279 — (284 ) — Net revenues 35,830 7,404 3,541 — (284 ) 46,491 Operating income (loss) 271 (882 ) (47 ) (1,631 ) (22 ) (2,311 ) Depreciation and amortization 992 462 104 53 — 1,611 Capital expenditures 85 37 6 25 — 153 Heavy Fabrications Gearing Industrial Solutions Corporate Eliminations Consolidated For the Six Months Ended June 30, 2022 Revenues from external customers $ 62,847 $ 20,684 $ 8,325 $ — $ — $ 91,856 Intersegment revenues — 16 796 — (812 ) — Net revenues 62,847 20,700 9,121 — (812 ) 91,856 Operating loss (383 ) (697 ) (177 ) (2,728 ) — (3,985 ) Depreciation and amortization 1,741 1,031 201 122 — 3,095 Capital expenditures 1,200 476 18 3 — 1,697 Heavy Fabrications Gearing Industrial Solutions Corporate Eliminations Consolidated For the Six Months Ended June 30, 2021 Revenues from external customers $ 58,602 $ 12,753 $ 7,864 $ — $ — $ 79,219 Intersegment revenues 5 — 281 — (286 ) — Net revenues 58,607 12,753 8,145 — (286 ) 79,219 Operating loss (1,429 ) (1,871 ) (61 ) (3,239 ) (22 ) (6,622 ) Depreciation and amortization 1,937 920 210 97 — 3,164 Capital expenditures 648 37 26 54 — 765 Total Assets as of June 30, December 31, Segments: 2022 2021 Heavy Fabrications $ 41,648 $ 37,131 Gearing 51,854 46,219 Industrial Solutions 11,769 10,825 Corporate 236,584 228,219 Eliminations (214,988 ) (204,347 ) $ 126,867 $ 118,047

Note 15 - Commitments and Con_2

Note 15 - Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Financing Receivable, Current, Allowance for Credit Loss [Table Text Block]	For the Six Months Ended June 30, 2022 2021 Balance at beginning of period $ 47 $ 473 Bad debt expense 40 9 Write-offs — (429 ) Other adjustments (10 ) (1 ) Balance at end of period $ 77 $ 52

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation (Details Textual) - USD ($) $ in Thousands		3 Months Ended			6 Months Ended
	Mar. 09, 2021	Jun. 30, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Jan. 31, 2022	Dec. 31, 2021
Revenue as Percentage of Sales Associated with New Wind Turbine Installations					53%	68%
Debt and Lease Obligation, Total		$ 22,975			$ 22,975
Debt, Current, Total		19,348			19,348
Proceeds from Issuance of Common Stock, Net					0	$ 9,349
Receivable, Uncollected Employee Retention Credit								$ 497
Collected, Employee Retention Credit							$ 497
Accounts Receivable, Sale		30,133	$ 32,694		45,493	54,011
Accounts Receivable, Sale, Discount Fees		$ 414	79		$ 490	$ 133
Nonoperating Income (Expense) [Member]
Employee Retention Credit Benefit			$ 3,593	$ 3,372
The ATM Agreement [Member]
Value of Shares Issuable, Maximum	$ 10,000
Stock Issued During Period, Shares, New Issues (in shares)						1,897,697
Proceeds from Issuance of Common Stock, Net	9,725
Payments of Stock Issuance Costs	275
Other Stock Issuance Expenses	$ 411

Note 2 - Revenues (Details Text

Note 2 - Revenues (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenue from Contract with Customer, Including Assessed Tax	$ 50,012	$ 46,491	$ 91,856	$ 79,219
Transferred over Time [Member] | Gearing [Member]
Revenue from Contract with Customer, Including Assessed Tax		975		1,532
Transferred over Time [Member] | Heavy Fabrications [Member]
Revenue from Contract with Customer, Including Assessed Tax	$ 4,182	$ 1,276	$ 7,409	$ 2,429

Note 2 - Revenues - Disaggregat

Note 2 - Revenues - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenues	$ 50,012	$ 46,491	$ 91,856	$ 79,219
Consolidation, Eliminations [Member]
Revenues	(727)	(284)	(812)	(286)
Heavy Fabrications [Member] | Operating Segments [Member]
Revenues	35,575	35,830	62,847	58,607
Gearing [Member] | Operating Segments [Member]
Revenues	10,115	7,404	20,700	12,753
Industrial Solutions [Member] | Operating Segments [Member]
Revenues	$ 5,049	$ 3,541	$ 9,121	$ 8,145

Note 3 - Earnings Per Share (De

Note 3 - Earnings Per Share (Details Textual) - shares	3 Months Ended	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	829,890	829,890

Note 3 - Earnings Per Share - E

Note 3 - Earnings Per Share - Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended				6 Months Ended
		Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Net (loss) income		$ (2,703)	$ (2,404)	$ 10,252	$ (1,210)	$ (5,107)	$ 9,042
Weighted average number of common shares outstanding (in shares)		20,244,176		18,760,910		19,977,477	17,973,896
Basic net (loss) income per share (in dollars per share)		$ (0.13)		$ 0.55		$ (0.26)	$ 0.50
Non-vested stock awards (1) (in shares)	[1]	0		639,150		0	889,874
Weighted average number of common shares outstanding (in shares)		20,244,176		19,400,060		19,977,477	18,863,770
Diluted net (loss) income per share (in dollars per share)		$ (0.13)		$ 0.53		$ (0.26)	$ 0.48
[1]Restricted stock units granted and outstanding of 829,890 as of June 30, 2022, are excluded from the computation of diluted earnings due to the anti-dilutive effect as a result of the Company’s net loss for the three and six months ended June 30, 2022.

Note 4 - Inventories - Inventor

Note 4 - Inventories - Inventories (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Raw materials	$ 23,251	$ 16,148
Work-in-process	10,494	13,639
Finished goods	3,315	6,575
Inventory, Gross, Total	37,060	36,362
Less: Reserve for excess and obsolete inventory	(2,131)	(2,985)
Net inventories	$ 34,929	$ 33,377

Note 5 - Intangible Assets (Det

Note 5 - Intangible Assets (Details Textual)	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets, Remaining Amortization Period (Year)	4 years 8 months 12 days	5 years 2 months 12 days
Minimum [Member]
Finite-Lived Intangible Assets, Remaining Amortization Period (Year)	1 year
Maximum [Member]
Finite-Lived Intangible Assets, Remaining Amortization Period (Year)	5 years

Note 5 - Intangible Assets - In

Note 5 - Intangible Assets - Intangible Assets (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Cost Basis	$ 25,248	$ 25,248
Accumulated Amortization	(14,570)	(14,203)
Accumulated Impairment Charges	(7,592)	(7,592)
Intangible assets, net	$ 3,086	$ 3,453
Remaining Average Amortization Period (Year)	4 years 8 months 12 days	5 years 2 months 12 days
Noncompete Agreements [Member]
Cost Basis	$ 170	$ 170
Accumulated Amortization	(153)	(139)
Accumulated Impairment Charges	0	0
Intangible assets, net	$ 17	$ 31
Remaining Average Amortization Period (Year)	7 months 6 days	1 year 1 month 6 days
Customer Relationships [Member]
Cost Basis	$ 15,979	$ 15,979
Accumulated Amortization	(7,437)	(7,284)
Accumulated Impairment Charges	(7,592)	(7,592)
Intangible assets, net	$ 950	$ 1,103
Remaining Average Amortization Period (Year)	3 years 6 months	4 years
Trade Names [Member]
Cost Basis	$ 9,099	$ 9,099
Accumulated Amortization	(6,980)	(6,780)
Accumulated Impairment Charges	0	0
Intangible assets, net	$ 2,119	$ 2,319
Remaining Average Amortization Period (Year)	5 years 3 months 18 days	5 years 9 months 18 days

Note 5 - Intangible Assets - Es

Note 5 - Intangible Assets - Estimated Future Amortization Expense (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
2022	$ 363
2023	664
2024	661
2025	661
2026	422
2027 and thereafter	315
Total	$ 3,086	$ 3,453

Note 6 - Accrued Liabilities -

Note 6 - Accrued Liabilities - Accrued Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Accrued payroll and benefits	$ 3,380	$ 2,992
Fair value of interest rate swap	0	27
Accrued property taxes	376	0
Income taxes payable	10	1
Accrued professional fees	94	129
Accrued warranty liability	127	125
Self-insured workers compensation reserve	119	166
Accrued other	206	214
Total accrued liabilities	$ 4,312	$ 3,654

Note 7 - Debt and Credit Agre_3

Note 7 - Debt and Credit Agreements (Details Textual) $ in Thousands

6 Months Ended

9 Months Ended

12 Months Ended

17 Months Ended

Aug. 04, 2022 USD ($)

Oct. 29, 2020

Feb. 25, 2019 USD ($)

Oct. 26, 2016

Jun. 30, 2022 USD ($)

Sep. 30, 2022 USD ($)

Dec. 31, 2024

Jun. 30, 2023 USD ($)

Mar. 31, 2023 USD ($)

Dec. 31, 2022 USD ($)

Dec. 31, 2021 USD ($)

Dec. 31, 2020 USD ($)

Dec. 31, 2019 USD ($)

Dec. 31, 2018 USD ($)

Dec. 31, 2023

Feb. 28, 2022 USD ($)

Nov. 08, 2021 USD ($)

Jun. 30, 2019 USD ($)

Dec. 31, 2016 USD ($)

Long-Term Debt, Current Maturities, Total

$ 17,178

$ 6,650

Development Corporation of Abilene Loan [Member]

Long-term Debt, Total

114

$ 570

Debt Instrument, Decrease, Forgiveness

114

$ 114

$ 114

$ 114

Notes Payable, Total

714

363

Notes Payable, Other Payables [Member]

Long-term Debt, Total

638

274

Long-Term Debt, Current Maturities, Total

$ 27

$ 186

Debt Instrument, Interest Rate, Stated Percentage

4%

Interest Rate Swap [Member]

Derivative Liability, Notional Amount

$ 6,000

Derivative, Fixed Interest Rate

2.13%

Minimum [Member] | Notes Payable, Other Payables [Member]

Debt Instrument, Periodic Payment, Total

$ 3

Maximum [Member] | Notes Payable, Other Payables [Member]

Debt Instrument, Periodic Payment, Total

16

The 2022 Credit Facility [Member]

Debt Instrument, Term (Year)

84 months

Debt Instrument, Covenant, Minimum EBITDA

0

The 2022 Credit Facility [Member] | Forecast [Member]

Debt Instrument, Covenant, Fixed Charge Coverage Ratio

1.1

1

Debt Instrument, Covenant, Minimum EBITDA

$ 1,500

$ 5,100

$ 3,600

$ 2,500

The 2022 Credit Facility [Member] | Senior Secured Term Loan [Member]

Debt Instrument, Face Amount

$ 7,578

The 2022 Credit Facility [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] | Senior Secured Term Loan [Member]

Debt Instrument, Basis Spread on Variable Rate

2.50%

Revolving Credit Facility [Member] | The 2016 Credit Facility [Member]

Debt Instrument, Term (Year)

3 years

Long Term Debt Extended Term (Year)

3 years

Line of Credit Facility, Maximum Borrowing Capacity

$ 35,000

$ 30,000

Reserve to Revolving Loan Availability

$ 2,500

$ 5,000

Long-Term Line of Credit, Total

17,037

Line of Credit Facility, Remaining Borrowing Capacity

$ 10,178

Revolving Credit Facility [Member] | The 2022 Credit Facility [Member]

Line of Credit Facility, Maximum Borrowing Capacity

$ 35,000

Line of Credit Facility, Optional Increase in Maximum Borrowing Capacity

$ 10,000

Revolving Credit Facility [Member] | The 2022 Credit Facility [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] | Minimum [Member]

Debt Instrument, Basis Spread on Variable Rate

2%

Revolving Credit Facility [Member] | The 2022 Credit Facility [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] | Maximum [Member]

Debt Instrument, Basis Spread on Variable Rate

2.50%

Letter of Credit [Member] | The 2016 Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]

Debt Instrument, Basis Spread on Variable Rate

2.25%

Letter of Credit [Member] | The 2016 Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]

Debt Instrument, Basis Spread on Variable Rate

2.75%

Letter of Credit [Member] | The 2016 Credit Facility [Member] | Base Rate [Member] | Minimum [Member]

Debt Instrument, Basis Spread on Variable Rate

0%

Letter of Credit [Member] | The 2016 Credit Facility [Member] | Base Rate [Member] | Maximum [Member]

Debt Instrument, Basis Spread on Variable Rate

0.75%

Note 7 - Debt and Credit Agre_4

Note 7 - Debt and Credit Agreements - Outstanding Debt Balances (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Less: Current portion	$ (17,178)	$ (6,650)
Long-term debt, net of current maturities	687	177
Line of Credit [Member]
Long-term Debt, Total	17,037	6,350
Notes Payable, Other Payables [Member]
Long-term Debt, Total	638	274
Less: Current portion	(27)	(186)
Long-Term Debt [Member]
Long-term Debt, Total	$ 190	$ 203

Note 8 - Leases (Details Textua

Note 8 - Leases (Details Textual) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 0	$ 907
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability	$ 1,773	$ 1,896

Note 8 - Leases - Leases Inform

Note 8 - Leases - Leases Information (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Amortization of finance lease assets		$ 288	$ 254	$ 576	$ 440
Interest on finance lease liabilities		96	105	176	173
Total finance lease costs		384	359	752	613
Operating lease cost		705	760	1,403	1,519
Short-term lease cost		144	178	296	374
Variable lease cost	[1]	226	197	452	427
Sublease income		(31)	(46)	(79)	(92)
Total operating lease costs		1,044	1,089	2,072	2,228
Total lease cost		$ 1,428	$ 1,448	2,824	2,841
Operating cash outflow from operating leases				$ 1,736	$ 1,800
Weighted-average remaining lease term-finance leases at end of period (in years) (Year)		2 years 8 months 12 days	2 years 2 months 12 days	2 years 8 months 12 days	2 years 2 months 12 days
Weighted-average remaining lease term-operating leases at end of period (in years) (Year)		8 years 6 months	9 years 3 months 18 days	8 years 6 months	9 years 3 months 18 days
Weighted-average discount rate-finance leases at end of period		6%	8.60%	6%	8.60%
Weighted-average discount rate-operating leases at end of period		8.70%	8.50%	8.70%	8.50%
[1]Variable lease costs consist primarily of taxes, insurance, utilities, and common area or other maintenance costs for the Company’s leased facilities and equipment.

Note 8 - Leases - Future Minimu

Note 8 - Leases - Future Minimum Lease Payments (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
2022, finance leases	$ 1,358
2022, operating leases	1,738
2022, total	3,096
2023, finance leases	1,924
2023, operating leases	3,388
2023, total	5,312
2024, finance leases	1,041
2024, operating leases	2,933
2024, total	3,974
2025, finance leases	635
2025, operating leases	3,015
2025, total	3,650
2026, finance leases	422
2026, operating leases	3,059
2026, total	3,481
2026 and thereafter, finance leases	413
2026 and thereafter, operating leases	14,043
2026 and thereafter, total	14,456
Total lease payments, finance leases	5,793
Total lease payments, operating leases	28,176
Total lease payments, total	33,969
Less—portion representing interest, finance leases	(683)
Less—portion representing interest, operating leases	(8,867)
Less—portion representing interest, total	(9,550)
Present value of lease obligations, finance leases	5,110
Present value of lease obligations, operating leases	19,309
Present value of lease obligations, total	24,419
Less—current portion of lease obligations, finance leases	(2,170)	$ (2,060)
Less—current portion of lease obligations, operating leases	(1,798)	(1,775)
Less—current portion of lease obligations, total	(3,968)
Long-term portion of lease obligations, finance leases	2,940	2,481
Long-term portion of lease obligations, operating leases	17,511	$ 18,405
Long-term portion of lease obligations, total	$ 20,451

Note 9 - Fair Value Measureme_3

Note 9 - Fair Value Measurements - Fair Value of Financial Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Interest rate swap	$ 0	$ 27
Fair Value, Recurring [Member]
Total liabilities at fair value	0	27
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Total liabilities at fair value	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Total liabilities at fair value	0	27
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Total liabilities at fair value	0	0
Fair Value, Recurring [Member] | Interest Rate Swap [Member]
Interest rate swap	0	27
Fair Value, Recurring [Member] | Interest Rate Swap [Member] | Fair Value, Inputs, Level 1 [Member]
Interest rate swap	0	0
Fair Value, Recurring [Member] | Interest Rate Swap [Member] | Fair Value, Inputs, Level 2 [Member]
Interest rate swap	0	27
Fair Value, Recurring [Member] | Interest Rate Swap [Member] | Fair Value, Inputs, Level 3 [Member]
Interest rate swap	$ 0	$ 0

Note 10 - Income Taxes (Details

Note 10 - Income Taxes (Details Textual) $ / shares in Units, $ in Thousands			3 Months Ended		6 Months Ended
	Feb. 03, 2022	Feb. 07, 2019	Jun. 30, 2022 USD ($) $ / shares shares	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) $ / shares shares	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Income Tax Expense (Benefit), Total			$ 15	$ 45	$ 22	$ 77
Operating Loss Carryforwards, Total							$ 277,310
Operating Loss Carryforwards, Subject to Expiration							$ 227,781
Operating Loss Carry Forwards Annual Limit			14,284		14,284
Unrecognized Tax Benefits, Ending Balance			0		0
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued, Total			$ 0		$ 0
Rights [Member]
Term of Extended Rights Plan (Year)	3 years	3 years
Threshold Percentage of Beneficial Ownership for Significant Dilution in Ownership Interest					4.90%
Class of Warrant or Right Number of Rights Per Common Stock Share					1
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right (in shares) | shares			0.001		0.001
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares			$ 7.26		$ 7.26
Class of Warrant or Right Current Beneficial Ownership Percentage That Will Not Trigger Preferred Share Purchase Rights					4.90%

Note 11 - Share-based Compens_3

Note 11 - Share-based Compensation (Details Textual) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number, Ending Balance (in shares)	0
Share-Based Payment Arrangement, Shares Withheld for Tax Withholding Obligation (in shares)	277,908
Payment, Tax Withholding, Share-Based Payment Arrangement	$ 544	$ 1,491

Note 11 - Share-based Compens_4

Note 11 - Share-based Compensation - Restricted Stock Unit and Performance Award Activity (Details)	6 Months Ended
	Jun. 30, 2022 $ / shares shares
Unvested, number of shares (in shares) | shares	918,448
Unvested, weighted average grant-date fair value per share (in dollars per share) | $ / shares	$ 2.72
Granted, number of shares (in shares) | shares	734,077
Granted, weighted average grant-date fair value per share (in dollars per share) | $ / shares	$ 1.75
Vested, number of shares (in shares) | shares	(808,734)
Vested, weighted average grant-date fair value per share (in dollars per share) | $ / shares	$ 2.23
Forfeited, number of shares (in shares) | shares	(13,901)
Forfeited, weighted average grant-date fair value per share (in dollars per share) | $ / shares	$ 2.82
Unvested, number of shares (in shares) | shares	829,890
Unvested, weighted average grant-date fair value per share (in dollars per share) | $ / shares	$ 2.38

Note 11 - Share-based Compens_5

Note 11 - Share-based Compensation - Share-based Compensation Expense (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Share-based compensation expense	$ 580	$ 664
Basic earnings per share (in dollars per share)	$ 0.03	$ 0.04
Diluted earnings per share (in dollars per share)	$ 0.03	$ 0.04
Cost of Sales [Member]
Share-based compensation expense	$ 83	$ 76
Selling, General and Administrative Expenses [Member]
Share-based compensation expense	$ 497	$ 588

Note 14 - Segment Reporting (De

Note 14 - Segment Reporting (Details Textual) - Heavy Fabrications [Member]	6 Months Ended
	Jun. 30, 2022 MWh
Number of Facilities	2
Number of Tower Sections in Production Capacity of Turbines Total	1,650
Maximum [Member]
Annual Tower Production Capacity	550
Minimum [Member]
Power Generating Capacity of Turbines (Megawatt-Hour)	1,100

Note 14 - Segment Reporting - S

Note 14 - Segment Reporting - Segment Reporting (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Revenues from external customers	$ 50,012	$ 46,491	$ 91,856	$ 79,219
Revenue from Contract with Customer, Including Assessed Tax	50,012	46,491	91,856	79,219
Operating income (loss)	(1,912)	(2,311)	(3,985)	(6,622)
Depreciation and amortization	1,576	1,611	3,095	3,164
Capital expenditures	1,205	153	1,697	765
Total assets	126,867		126,867		$ 118,047
Consolidation, Eliminations [Member]
Revenues from external customers	0	0	0	0
Revenue from Contract with Customer, Including Assessed Tax	(727)	(284)	(812)	(286)
Operating income (loss)	0	(22)	0	(22)
Depreciation and amortization	0	0	0	0
Capital expenditures	0	0	0	0
Total assets	(214,988)		(214,988)		(204,347)
Intersegment Eliminations [Member]
Revenue from Contract with Customer, Including Assessed Tax	0	0	0	0
Heavy Fabrications [Member]
Operating income (loss)	78	271	(383)	(1,429)
Heavy Fabrications [Member] | Operating Segments [Member]
Revenues from external customers	35,575	35,825	62,847	58,602
Revenue from Contract with Customer, Including Assessed Tax	35,575	35,830	62,847	58,607
Depreciation and amortization	862	992	1,741	1,937
Capital expenditures	718	85	1,200	648
Total assets	41,648		41,648		37,131
Heavy Fabrications [Member] | Intersegment Eliminations [Member]
Revenue from Contract with Customer, Including Assessed Tax	0	5	0	5
Gearing [Member]
Operating income (loss)	(585)	(882)	(697)	(1,871)
Gearing [Member] | Operating Segments [Member]
Revenues from external customers	10,107	7,404	20,684	12,753
Revenue from Contract with Customer, Including Assessed Tax	10,115	7,404	20,700	12,753
Depreciation and amortization	555	462	1,031	920
Capital expenditures	476	37	476	37
Total assets	51,854		51,854		46,219
Gearing [Member] | Intersegment Eliminations [Member]
Revenue from Contract with Customer, Including Assessed Tax	8	0	16	0
Industrial Solutions [Member]
Operating income (loss)	32	(47)	(177)	(61)
Industrial Solutions [Member] | Operating Segments [Member]
Revenues from external customers	4,330	3,262	8,325	7,864
Revenue from Contract with Customer, Including Assessed Tax	5,049	3,541	9,121	8,145
Depreciation and amortization	98	104	201	210
Capital expenditures	9	6	18	26
Total assets	11,769		11,769		10,825
Industrial Solutions [Member] | Intersegment Eliminations [Member]
Revenue from Contract with Customer, Including Assessed Tax	719	279	796	281
Corporate Segment [Member]
Operating income (loss)	(1,437)	(1,631)	(2,728)	(3,239)
Corporate Segment [Member] | Operating Segments [Member]
Revenues from external customers	0	0	0	0
Revenue from Contract with Customer, Including Assessed Tax	0	0	0	0
Depreciation and amortization	61	53	122	97
Capital expenditures	2	25	3	54
Total assets	236,584		236,584		$ 228,219
Corporate Segment [Member] | Intersegment Eliminations [Member]
Revenue from Contract with Customer, Including Assessed Tax	$ 0	$ 0	$ 0	$ 0

Note 15 - Commitments and Con_3

Note 15 - Commitments and Contingencies - Allowance of Doubtful Accounts (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Balance at beginning of period	$ 47	$ 473
Bad debt expense	40	9
Write-offs	0	(429)
Other adjustments	(10)	(1)
Balance at end of period	$ 77	$ 52