Broadwind (BWEN) 10-Q 13 Aug 24 2024 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2024	Aug. 08, 2024
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	2024
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2024
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		21,985,559

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
CURRENT ASSETS:
Cash	$ 938	$ 1,099
Accounts receivable, net	14,172	19,231
AMP credit receivable	1,691	7,051
Contract assets	1,157	1,460
Inventories	38,802	37,405
Prepaid expenses and other current assets	2,390	3,500
Total current assets	59,150	69,746
LONG-TERM ASSETS:
Property and equipment, net	46,266	47,123
Operating lease right-of-use assets, net	14,748	15,593
Intangible assets, net	1,733	2,064
Other assets	636	630
TOTAL ASSETS	122,533	135,156
CURRENT LIABILITIES:
Line of credit and current maturities of long-term debt	12,012	5,903
Current portion of finance lease obligations	2,098	2,153
Current portion of operating lease obligations	1,987	1,851
Accounts payable	15,950	20,728
Accrued liabilities	4,347	6,477
Customer deposits	2,772	16,500
Total current liabilities	39,166	53,612
LONG-TERM LIABILITIES:
Long-term debt, net of current maturities	5,945	6,250
Long-term finance lease obligations, net of current portion	3,481	3,372
Long-term operating lease obligations, net of current portion	14,872	15,888
Other	17	15
Total long-term liabilities	24,315	25,525
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; 45,000,000 shares authorized; 22,259,496 and 21,840,301 shares issued as of June 30, 2024, and December 31, 2023, respectively	22	22
Treasury stock, at cost, 273,937 shares as of June 30, 2024 and December 31, 2023	(1,842)	(1,842)
Additional paid-in capital	400,377	399,336
Accumulated deficit	(339,505)	(341,497)
Total stockholders’ equity	59,052	56,019
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 122,533	$ 135,156

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Jun. 30, 2024	Dec. 31, 2023
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)	45,000,000	45,000,000
Common stock, shares issued (in shares)	22,259,496	21,840,301
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, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Revenues	$ 36,452	$ 50,843	$ 74,068	$ 99,716
Cost of sales	30,886	42,510	61,865	84,407
Gross profit	5,566	8,333	12,203	15,309
OPERATING EXPENSES:
Selling, general and administrative	4,143	5,952	8,537	11,478
Intangible amortization	166	165	331	333
Total operating expenses	4,309	6,117	8,868	11,811
Operating income	1,257	2,216	3,335	3,498
OTHER EXPENSE, net:
Interest expense, net	(726)	(751)	(1,258)	(1,239)
Other, net	4	(22)	7	(24)
Total other expense, net	(722)	(773)	(1,251)	(1,263)
Net income before provision for income taxes	535	1,443	2,084	2,235
Provision for income taxes	53	28	92	51
NET INCOME	$ 482	$ 1,415	$ 1,992	$ 2,184
NET INCOME PER COMMON SHARE—BASIC:
Net income (in dollars per share)	$ 0.02	$ 0.07	$ 0.09	$ 0.1
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING—BASIC (in shares)	21,783,219	21,091,496	21,688,941	20,980,880
NET INCOME PER COMMON SHARE—DILUTED:
Net income (in dollars per share)	$ 0.02	$ 0.07	$ 0.09	$ 0.1
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING—DILUTED (in shares)	22,003,078	21,408,527	21,904,456	21,390,231

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Treasury Stock, Common [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
BALANCE (in shares) at Dec. 31, 2022	21,127,130	(273,937)
BALANCE at Dec. 31, 2022	$ 21	$ (1,842)	$ 397,240	$ (349,146)	$ 46,273
Stock issued under defined contribution 401(k) retirement savings plan (in shares)	64,807	0
Stock issued under defined contribution 401(k) retirement savings plan	$ 0	$ 0	302	0	302
Share-based compensation	0	0	178	0	178
Net income	$ 0	$ 0	0	769	769
BALANCE (in shares) at Mar. 31, 2023	21,191,937	(273,937)
BALANCE at Mar. 31, 2023	$ 21	$ (1,842)	397,720	(348,377)	47,522
BALANCE (in shares) at Dec. 31, 2022	21,127,130	(273,937)
BALANCE at Dec. 31, 2022	$ 21	$ (1,842)	397,240	(349,146)	46,273
Net income					$ 2,184
Shares withheld for taxes in connection with issuance of restricted stock (in shares)					(92,984)
BALANCE (in shares) at Jun. 30, 2023	21,578,925	(273,937)
BALANCE at Jun. 30, 2023	$ 22	$ (1,842)	398,180	(346,962)	$ 49,398
BALANCE (in shares) at Mar. 31, 2023	21,191,937	(273,937)
BALANCE at Mar. 31, 2023	$ 21	$ (1,842)	397,720	(348,377)	47,522
Stock issued under defined contribution 401(k) retirement savings plan (in shares)	71,536	0
Stock issued under defined contribution 401(k) retirement savings plan	$ 0	$ 0	346	0	346
Share-based compensation	0	0	231	0	231
Net income	$ 0	$ 0	0	1,415	1,415
Stock issued for restricted stock (in shares)	408,436	0
Stock issued for restricted stock	$ 1	$ 0	0	0	1
Shares withheld for taxes in connection with issuance of restricted stock (in shares)	(92,984)	0
Shares withheld for taxes in connection with issuance of restricted stock	$ 0	$ 0	(117)	0	(117)
Sale of common stock, net	$ 0	$ 0	0	0	0
BALANCE (in shares) at Jun. 30, 2023	21,578,925	(273,937)
BALANCE at Jun. 30, 2023	$ 22	$ (1,842)	398,180	(346,962)	49,398
BALANCE (in shares) at Dec. 31, 2023	21,840,301	(273,937)
BALANCE at Dec. 31, 2023	$ 22	$ (1,842)	399,336	(341,497)	56,019
Stock issued under defined contribution 401(k) retirement savings plan (in shares)	107,305	0
Stock issued under defined contribution 401(k) retirement savings plan	$ 0	$ 0	287	0	287
Share-based compensation	0	0	225	0	225
Net income	$ 0	$ 0	0	1,510	1,510
BALANCE (in shares) at Mar. 31, 2024	21,947,606	(273,937)
BALANCE at Mar. 31, 2024	$ 22	$ (1,842)	399,848	(339,987)	58,041
BALANCE (in shares) at Dec. 31, 2023	21,840,301	(273,937)
BALANCE at Dec. 31, 2023	$ 22	$ (1,842)	399,336	(341,497)	56,019
Net income					$ 1,992
Shares withheld for taxes in connection with issuance of restricted stock (in shares)					(46,668)
BALANCE (in shares) at Jun. 30, 2024	22,259,496	(273,937)
BALANCE at Jun. 30, 2024	$ 22	$ (1,842)	400,377	(339,505)	$ 59,052
BALANCE (in shares) at Mar. 31, 2024	21,947,606	(273,937)
BALANCE at Mar. 31, 2024	$ 22	$ (1,842)	399,848	(339,987)	58,041
Stock issued under defined contribution 401(k) retirement savings plan (in shares)	118,161	0
Stock issued under defined contribution 401(k) retirement savings plan	$ 0	$ 0	308	0	308
Share-based compensation	0	0	351	0	351
Net income	$ 0	$ 0	0	482	482
Stock issued for restricted stock (in shares)	240,397	0
Stock issued for restricted stock	$ 0	$ 0	0	0	0
Shares withheld for taxes in connection with issuance of restricted stock (in shares)	(46,668)	0
Shares withheld for taxes in connection with issuance of restricted stock	$ 0	$ 0	(130)	0	(130)
BALANCE (in shares) at Jun. 30, 2024	22,259,496	(273,937)
BALANCE at Jun. 30, 2024	$ 22	$ (1,842)	$ 400,377	$ (339,505)	$ 59,052

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 1,992	$ 2,184
Adjustments to reconcile net cash used in operating activities:
Depreciation and amortization expense	3,314	3,167
Deferred income taxes	2	(5)
Share-based compensation	576	409
Allowance for credit losses	(2)	16
Common stock issued under defined contribution 401(k) plan	595	648
(Gain) loss on disposal of assets	(114)	48
Changes in operating assets and liabilities:
Accounts receivable	5,061	(11,794)
AMP credit receivable	5,360	(6,729)
Contract assets	302	(273)
Inventories	(1,397)	(4,293)
Prepaid expenses and other current assets	1,111	147
Accounts payable	(4,328)	1,776
Accrued liabilities	(2,130)	1,367
Customer deposits	(13,728)	(4,190)
Other non-current assets and liabilities	(41)	75
Net cash used in operating activities	(3,427)	(17,447)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment	(2,534)	(3,977)
Proceeds from disposals of property and equipment	159	15
Net cash used in investing activities	(2,375)	(3,962)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from line of credit, net	5,914	11,991
Proceeds from long-term debt	1,421	618
Payments on long-term debt	(681)	(607)
Payments on finance leases	(883)	(1,113)
Shares withheld for taxes in connection with issuance of restricted stock	(130)	(117)
Net cash provided by financing activities	5,641	10,772
NET DECREASE IN CASH	(161)	(10,637)
CASH beginning of the period	1,099	12,732
CASH end of the period	$ 938	$ 2,095

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	6 Months Ended
	Jun. 30, 2024
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, 2024 not may twelve December 31, 2024, may 10 December 31, 2023 The December 31, 2023 not 10 December 31, 2023 There have been no six June 30, 2024 10 December 31, 2023 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 2024 2023, Liquidity The Company typically meets its short term liquidity needs through cash generated from operations, its available cash balances, the 2022 3 5 See Note 8, 2022 Debt and finance lease obligations at June 30, 2024 2022 six June 30, 2024, June 30, 2024. On September 22, 2023, 3, October 12, 2023 ( 3” October 12, 2023. one On September 12, 2022, may No December 31, 2023 six June 30, 2024. June 30, 2024, 3 424 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, 2024, three six June 30, 2023, In January 2023, 2023 2024. November 2023, 2024 2025, 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, the Company’s ability to finalize the terms of the remaining obligations under a supply agreement with a leading global wind turbine manufacturer, as well as receipt of customer deposits and revenues generated from new customer orders, are materially inconsistent with management’s expectations, the Company may If the Company’s operational performance deteriorates, the Company may 2022 no Reclassifications Certain prior year amounts have been reclassified to conform to current year presentation in the condensed consolidated financial statements and the notes to the condensed consolidated financial statements. 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 inventory reserves, warranty reserves, impairment of long-lived assets, allowance for credit losses, 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

Note 2 - Revenues

Note 2 - Revenues	6 Months Ended
	Jun. 30, 2024
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, 2024 2023 Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Heavy Fabrications $ 19,611 $ 33,944 $ 41,628 $ 65,537 Gearing 10,454 10,977 18,791 22,943 Industrial Solutions 6,463 6,270 14,456 11,692 Eliminations (76 ) (348 ) (807 ) (456 ) Consolidated $ 36,452 $ 50,843 $ 74,068 $ 99,716 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 During the six June 30, 2024 2023, no three six June 30, 2024, three six June 30, 2023, 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, 2024
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, 2024 2023 Three Months Ended Six Months Ended June 30, June 30, 2024 2023 2024 2023 Basic earnings per share calculation: Net income $ 482 $ 1,415 $ 1,992 $ 2,184 Weighted average number of common shares outstanding 21,783,219 21,091,496 21,688,941 20,980,880 Basic net income per share $ 0.02 $ 0.07 $ 0.09 $ 0.10 Diluted earnings per share calculation: Net income $ 482 $ 1,415 $ 1,992 $ 2,184 Weighted average number of common shares outstanding 21,783,219 21,091,496 21,688,941 20,980,880 Common stock equivalents: Non-vested stock awards 219,859 317,031 215,515 409,351 Weighted average number of common shares outstanding 22,003,078 21,408,527 21,904,456 21,390,231 Diluted net income per share $ 0.02 $ 0.07 $ 0.09 $ 0.10

Note 4 - Inventories

Note 4 - Inventories	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Inventory Disclosure [Text Block]	NOTE 4 The components of inventories as of June 30, 2024 December 31, 2023 June 30, December 31, 2024 2023 Raw materials $ 20,028 $ 24,651 Work-in-process 13,372 10,390 Finished goods 7,467 4,595 40,867 39,636 Less: Reserve (2,065 ) (2,231 ) Net inventories $ 38,802 $ 37,405

Note 5 - AMP Credits

Note 5 - AMP Credits	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Advanced Manufacturing Production Tax Credits [Text Block]	NOTE 5 During the three six June 30, 2024, three six June 30, 2023, August 16, 2022. 2023 2032. third three six June 30, 2024 June 30, 2023. June 30, 2024 December 31, 2023. On December 21, 2023, 2023 2024 third 2023 2023 first 2024. December 31, 2023. During the six June 30, 2024, June 30, 2024.

Note 6 - Intangible Assets

Note 6 - Intangible Assets	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Intangible Assets Disclosure [Text Block]	NOTE 6 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. to 3 years. As of June 30, 2024 December 31, 2023 June 30, 2024 December 31, 2023 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 $ (170 ) $ — $ — — $ 170 $ (170 ) $ — $ — — Customer relationships 15,979 (7,973 ) (7,592 ) 414 1.6 15,979 (7,842 ) (7,592 ) 545 2.1 Trade names 9,099 (7,780 ) — 1,319 3.3 9,099 (7,580 ) — 1,519 3.8 Intangible assets $ 25,248 $ (15,923 ) $ (7,592 ) $ 1,733 2.9 $ 25,248 $ (15,592 ) $ (7,592 ) $ 2,064 3.3 ​ As of June 30, 2024 2024 $ 331 2025 661 2026 422 2027 319 Total $ 1,733 ​ ​

Note 7 - Accrued Liabilities

Note 7 - Accrued Liabilities	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	NOTE 7 Accrued liabilities as of June 30, 2024 December 31, 2023 June 30, December 31, 2024 2023 Accrued payroll and benefits $ 3,151 $ 5,051 Accrued property taxes 411 — Income taxes payable 80 254 Accrued professional fees 62 140 Accrued warranty liability 277 322 Self-insured workers compensation reserve 47 21 Accrued sales tax 1 310 Accrued other 318 379 Total accrued liabilities $ 4,347 $ 6,477

Note 8 - Debt and Credit Agreem

Note 8 - Debt and Credit Agreements	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE 8 The Company’s outstanding debt balances as of June 30, 2024 December 31, 2023 June 30, December 31, 2024 2023 Line of credit $ 10,571 $ 4,657 Other notes payable 1,793 1,361 Long-term debt 5,593 6,135 Total debt 17,957 12,153 Less: current maturities (12,012 ) (5,903 ) Long-term debt, net of current maturities $ 5,945 $ 6,250 Credit Facility On August 4, 2022, “2022 may “2022 2022 June 30, 2024, 2022 December 31, 2023, 2022 June 30, 2024 December 31, 2023. On February 8, 2023, No. 1 fourth 2022 December 31, 2022, 2022 twelve January 31, 2024 June 30, 2024 twelve twelve March 31, 2023, June 30, 2023, September 30, 2023, December 31, 2023. The 2022 August 4, 2027. August 4, 2027, 84 As of June 30, 2024 2022 June 30, 2024, 2022 June 30, 2024, December 31, 2023, Other In addition, the Company has outstanding notes payable for capital expenditures in the amount of $1,793 June 30, 2024 December 31, 2023 June 30, 2024 December 31, 2023 September 2028 May 2029.

Note 9 - Leases

Note 9 - Leases	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Lessee Operating and Finance Leases [Text Block]	NOTE 9 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, 2024 2023, six June 30, 2024 2023, 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, 2024 2023 2024 2023 Components of lease cost Finance lease cost components: Amortization of finance lease assets $ 370 $ 369 $ 728 $ 739 Interest on finance lease liabilities 121 86 228 184 Total finance lease costs 491 455 956 923 Operating lease cost components: Operating lease cost 703 689 1,345 1,393 Short-term lease cost 54 78 100 167 Variable lease cost (1) 384 178 753 523 Sublease income (49 ) (49 ) (99 ) (97 ) Total operating lease costs 1,092 896 2,099 1,986 Total lease cost $ 1,583 $ 1,351 $ 3,055 $ 2,909 Supplemental cash flow information related to our operating leases is as follows for the six months ended June 30, 2024 and 2023: Cash paid for amounts included in the measurement of lease liabilities: Operating cash outflow from operating leases $ 1,679 $ 1,727 Weighted-average remaining lease term-finance leases at end of period (in years) 2.8 3.1 Weighted-average remaining lease term-operating leases at end of period (in years) 6.6 7.7 Weighted-average discount rate-finance leases at end of period 5.4 % 5.1 % Weighted-average discount rate-operating leases at end of period 8.9 % 8.8 % ( 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, 2024 ​ Finance Operating Leases Leases Total 2024 $ 1,637 $ 1,683 $ 3,320 2025 1,477 3,454 4,931 2026 1,220 3,449 4,669 2027 929 3,151 4,080 2028 6 3,160 3,166 2029 and thereafter 1,014 7,802 8,816 Total lease payments 6,283 22,699 28,982 Less—portion representing interest (704 ) (5,840 ) (6,544 ) Present value of lease obligations 5,579 16,859 22,438 Less—current portion of lease obligations (2,098 ) (1,987 ) (4,085 ) Long-term portion of lease obligations $ 3,481 $ 14,872 $ 18,353 ​

Note 10 - Fair Value Measuremen

Note 10 - Fair Value Measurements	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Fair Value Disclosures [Text Block]	NOTE 10 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 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

Note 11 - Income Taxes

Note 11 - Income Taxes	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE 11 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, 2024 six June 30, 2024 six June 30, 2023 August 16, 2022, 2023 2032. no The Company files income tax returns in U.S. federal and state jurisdictions. As of June 30, 2024 1996 December 31, 2023 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, 2016, 2019 2022 three 382 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, 2024 June 30, 2024

Note 12 - Share-based Compensat

Note 12 - Share-based Compensation	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	NOTE 12 ​ There was no six June 30, 2024 June 30, 2023 June 30, 2024 June 30, 2023. The following table summarizes the Company’s restricted stock unit and performance award activity during the six June 30, 2024 Weighted Average Number of Grant-Date Fair Value Shares Per Share Unvested as of December 31, 2023 687,206 $ 3.03 Granted 456,370 $ 2.72 Vested (240,397 ) $ 3.41 Forfeited (46,418 ) $ 2.98 Unvested as of June 30, 2024 856,761 $ 2.76 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, 2024 2023, The following table summarizes share-based compensation expense included in the Company’s condensed consolidated statements of operations for the six June 30, 2024 2023 Six Months Ended June 30, 2024 2023 Share-based compensation expense: Cost of sales $ 64 $ 69 Selling, general and administrative 512 340 Net effect of share-based compensation expense on net income $ 576 $ 409 Reduction in earnings per share: Basic earnings per share $ 0.03 $ 0.02 Diluted earnings per share $ 0.03 $ 0.02

Note 13 - Legal Proceedings and

Note 13 - Legal Proceedings and Other Matters	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Legal Matters and Contingencies [Text Block]	NOTE 13 Legal Proceedings The Company is party to a variety of legal proceedings that arise in the normal course of its business. On an ongoing basis, the Company is often the subject of, or party to, various legal claims by other parties against the Company, by the Company against other parties, or involving the Company, which arise in the normal course of its business, including the claims described in Note 17, not no not one

Note 14 - Recent Accounting Pro

Note 14 - Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Accounting Standards Update and Change in Accounting Principle [Text Block]	NOTE 14 The Company reviews new accounting standards as issued. Although some of the accounting standards issued or effective in the current fiscal year may none In November 2023, No. 2023 07, 280 December 31, 2024, January 1, 2025. not In December 2023, No. 2023 09, 740 December 31, 2025. not

Note 15 - Segment Reporting

Note 15 - Segment Reporting	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	NOTE 15— 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 concentrations, 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 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 Gearing The Company provides gearing, gearboxes and precision machined components to a broad set of customers in diverse markets including surface and underground mining, wind energy, steel, material handling, infrastructure, onshore and offshore oil and gas fracking and drilling, marine, defense, and other industrial markets. The Company has manufactured loose gearing, gearboxes and systems, and provided heat treat services for aftermarket and OEM applications for a century. The Company uses an integrated manufacturing process, which includes machining and finishing processes in addition to gearbox repair 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 and kitting and assembly services, primarily serving the combined cycle natural gas turbine market. The Company has recently expanded into the U.S. wind power generation market, by providing tower internals kitting solutions for on-site installations, as OEMs domesticate their supply chain due to lead time and reliability issues. The Company leverages a global supply chain to provide instrumentation and controls, valve assemblies, sensor devices, fuel system components, electrical junction boxes and wiring, and electromechanical devices. The Company also provides packaging solutions and fabricates panels and sub-assemblies to reduce customers’ costs and improve manufacturing velocity and reliability. 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, 2024 2023 Heavy Fabrications Gearing Industrial Solutions Corporate Eliminations Consolidated For the Three Months Ended June 30, 2024 Revenues from external customers $ 19,611 $ 10,454 $ 6,387 $ — $ — $ 36,452 Intersegment revenues — — 76 — (76 ) — Net revenues 19,611 10,454 6,463 — (76 ) 36,452 Operating income (loss) 1,557 482 623 (1,405 ) — 1,257 Depreciation and amortization 1,022 553 105 38 — 1,718 Capital expenditures 370 280 123 17 — 790 Heavy Fabrications Gearing Industrial Solutions Corporate Eliminations Consolidated For the Three Months Ended June 30, 2023 Revenues from external customers $ 33,944 $ 10,977 $ 5,922 $ — $ — $ 50,843 Intersegment revenues — — 348 — (348 ) — Net revenues 33,944 10,977 6,270 — (348 ) 50,843 Operating income (loss) 3,867 348 843 (2,845 ) 3 2,216 Depreciation and amortization 856 556 92 58 — 1,562 Capital expenditures 2,156 739 — 17 — 2,912 Heavy Fabrications Gearing Industrial Solutions Corporate Eliminations Consolidated For the Six Months Ended June 30, 2024 Revenues from external customers $ 41,628 $ 18,791 $ 13,649 $ — $ — $ 74,068 Intersegment revenues — — 807 — (807 ) — Net revenues 41,628 18,791 14,456 — (807 ) 74,068 Operating income (loss) 3,601 508 2,390 (3,164 ) — 3,335 Depreciation and amortization 1,933 1,093 205 83 — 3,314 Capital expenditures 831 1,348 338 17 — 2,534 Heavy Fabrications Gearing Industrial Solutions Corporate Eliminations Consolidated For the Six Months Ended June 30, 2023 Revenues from external customers $ 65,537 $ 22,943 $ 11,236 $ — $ — $ 99,716 Intersegment revenues — — 456 — (456 ) — Net revenues 65,537 22,943 11,692 — (456 ) 99,716 Operating income (loss) 6,657 929 1,465 (5,556 ) 3 3,498 Depreciation and amortization 1,714 1,152 186 115 — 3,167 Capital expenditures 2,818 1,124 18 17 — 3,977 Total Assets as of June 30, December 31, Segments: 2024 2023 Heavy Fabrications $ 40,558 $ 46,931 Gearing 45,730 48,599 Industrial Solutions 14,602 16,295 Corporate 60,100 58,487 Eliminations (38,457 ) (35,156 ) $ 122,533 $ 135,156

Note 16 - Commitments and Conti

Note 16 - Commitments and Contingencies	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE 16 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 Credit Losses  Beginning January 1, 2023, six June 30, 2024 2023 not The Company monitors its collections and write-off experience to assess whether or not may may six June 30, 2024 2023 For the Six Months Ended June 30, 2024 2023 Balance at beginning of period $ 99 $ 17 Bad debt expense — 16 Other adjustments (2 ) — Balance at end of period $ 97 $ 33 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 June 30, 2024 December 31, 2023.

Note 17 - Capitalization

Note 17 - Capitalization	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Equity [Text Block]	NOTE 17 The Company’s authorized capital stock at June 30, 2024 June 30, 2024, On March 18, 2024, thirty million forty-five million May 16, 2024, April 2, 2024 not not may May 16, 2024, Following the Annual Meeting, the Company received letters from two The Company believes it was and is appropriate to include the affirmative votes cast by brokers, banks and/or other nominees pursuant to their discretionary authority in the tabulation of votes in favor of the Share Increase Amendment and, thus, that the Share Increase Amendment was properly approved and is effective. However, to avoid potential future litigation risk, and to eliminate any uncertainty as to the Share Increase Amendment and the validity of shares of Common Stock that in the future may No 10 none

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2024
Insider Trading Arr Line Items
Material Terms of Trading Arrangement [Text Block]		5. Other Information Rule 10b5 1 During the three June 30, 2024, none 16a 1 1934 10b5 1 10b5 1 408 1933
Rule 10b5-1 Arrangement Terminated [Flag]	false
Rule 10b5-1 Arrangement Adopted [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	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, 2024 not may twelve December 31, 2024, may 10 December 31, 2023 The December 31, 2023 not 10 December 31, 2023 There have been no six June 30, 2024 10 December 31, 2023 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 2024 2023,
Liquidity Policy [Policy Text Block]	Liquidity The Company typically meets its short term liquidity needs through cash generated from operations, its available cash balances, the 2022 3 5 See Note 8, 2022 Debt and finance lease obligations at June 30, 2024 2022 six June 30, 2024, June 30, 2024. On September 22, 2023, 3, October 12, 2023 ( 3” October 12, 2023. one On September 12, 2022, may No December 31, 2023 six June 30, 2024. June 30, 2024, 3 424 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, 2024, three six June 30, 2023, In January 2023, 2023 2024. November 2023, 2024 2025, 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, the Company’s ability to finalize the terms of the remaining obligations under a supply agreement with a leading global wind turbine manufacturer, as well as receipt of customer deposits and revenues generated from new customer orders, are materially inconsistent with management’s expectations, the Company may If the Company’s operational performance deteriorates, the Company may 2022 no
Reclassification, Comparability Adjustment [Policy Text Block]	Reclassifications Certain prior year amounts have been reclassified to conform to current year presentation in the condensed consolidated financial statements and the notes to the condensed consolidated financial statements.
Use of Estimates, Policy [Policy Text Block]	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 inventory reserves, warranty reserves, impairment of long-lived assets, allowance for credit losses, 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

Note 2 - Revenues (Tables)

Note 2 - Revenues (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Heavy Fabrications $ 19,611 $ 33,944 $ 41,628 $ 65,537 Gearing 10,454 10,977 18,791 22,943 Industrial Solutions 6,463 6,270 14,456 11,692 Eliminations (76 ) (348 ) (807 ) (456 ) Consolidated $ 36,452 $ 50,843 $ 74,068 $ 99,716

Note 3 - Earnings Per Share (Ta

Note 3 - Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, 2024 2023 2024 2023 Basic earnings per share calculation: Net income $ 482 $ 1,415 $ 1,992 $ 2,184 Weighted average number of common shares outstanding 21,783,219 21,091,496 21,688,941 20,980,880 Basic net income per share $ 0.02 $ 0.07 $ 0.09 $ 0.10 Diluted earnings per share calculation: Net income $ 482 $ 1,415 $ 1,992 $ 2,184 Weighted average number of common shares outstanding 21,783,219 21,091,496 21,688,941 20,980,880 Common stock equivalents: Non-vested stock awards 219,859 317,031 215,515 409,351 Weighted average number of common shares outstanding 22,003,078 21,408,527 21,904,456 21,390,231 Diluted net income per share $ 0.02 $ 0.07 $ 0.09 $ 0.10

Note 4 - Inventories (Tables)

Note 4 - Inventories (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Schedule of Inventory, Current [Table Text Block]	June 30, December 31, 2024 2023 Raw materials $ 20,028 $ 24,651 Work-in-process 13,372 10,390 Finished goods 7,467 4,595 40,867 39,636 Less: Reserve (2,065 ) (2,231 ) Net inventories $ 38,802 $ 37,405

Note 6 - Intangible Assets (Tab

Note 6 - Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Schedule of Finite-Lived Intangible Assets [Table Text Block]	June 30, 2024 December 31, 2023 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 $ (170 ) $ — $ — — $ 170 $ (170 ) $ — $ — — Customer relationships 15,979 (7,973 ) (7,592 ) 414 1.6 15,979 (7,842 ) (7,592 ) 545 2.1 Trade names 9,099 (7,780 ) — 1,319 3.3 9,099 (7,580 ) — 1,519 3.8 Intangible assets $ 25,248 $ (15,923 ) $ (7,592 ) $ 1,733 2.9 $ 25,248 $ (15,592 ) $ (7,592 ) $ 2,064 3.3
Finite-Lived Intangible Assets Amortization Expense [Table Text Block]	2024 $ 331 2025 661 2026 422 2027 319 Total $ 1,733

Note 7 - Accrued Liabilities (T

Note 7 - Accrued Liabilities (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Schedule of Accrued Liabilities [Table Text Block]	June 30, December 31, 2024 2023 Accrued payroll and benefits $ 3,151 $ 5,051 Accrued property taxes 411 — Income taxes payable 80 254 Accrued professional fees 62 140 Accrued warranty liability 277 322 Self-insured workers compensation reserve 47 21 Accrued sales tax 1 310 Accrued other 318 379 Total accrued liabilities $ 4,347 $ 6,477

Note 8 - Debt and Credit Agre_2

Note 8 - Debt and Credit Agreements (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Schedule of Debt [Table Text Block]	June 30, December 31, 2024 2023 Line of credit $ 10,571 $ 4,657 Other notes payable 1,793 1,361 Long-term debt 5,593 6,135 Total debt 17,957 12,153 Less: current maturities (12,012 ) (5,903 ) Long-term debt, net of current maturities $ 5,945 $ 6,250

Note 9 - Leases (Tables)

Note 9 - Leases (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Schedule of Lease Quantitative Disclosure [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Components of lease cost Finance lease cost components: Amortization of finance lease assets $ 370 $ 369 $ 728 $ 739 Interest on finance lease liabilities 121 86 228 184 Total finance lease costs 491 455 956 923 Operating lease cost components: Operating lease cost 703 689 1,345 1,393 Short-term lease cost 54 78 100 167 Variable lease cost (1) 384 178 753 523 Sublease income (49 ) (49 ) (99 ) (97 ) Total operating lease costs 1,092 896 2,099 1,986 Total lease cost $ 1,583 $ 1,351 $ 3,055 $ 2,909 Supplemental cash flow information related to our operating leases is as follows for the six months ended June 30, 2024 and 2023: Cash paid for amounts included in the measurement of lease liabilities: Operating cash outflow from operating leases $ 1,679 $ 1,727 Weighted-average remaining lease term-finance leases at end of period (in years) 2.8 3.1 Weighted-average remaining lease term-operating leases at end of period (in years) 6.6 7.7 Weighted-average discount rate-finance leases at end of period 5.4 % 5.1 % Weighted-average discount rate-operating leases at end of period 8.9 % 8.8 %
Finance and Operating Lease Liability Maturity [Table Text Block]	Finance Operating Leases Leases Total 2024 $ 1,637 $ 1,683 $ 3,320 2025 1,477 3,454 4,931 2026 1,220 3,449 4,669 2027 929 3,151 4,080 2028 6 3,160 3,166 2029 and thereafter 1,014 7,802 8,816 Total lease payments 6,283 22,699 28,982 Less—portion representing interest (704 ) (5,840 ) (6,544 ) Present value of lease obligations 5,579 16,859 22,438 Less—current portion of lease obligations (2,098 ) (1,987 ) (4,085 ) Long-term portion of lease obligations $ 3,481 $ 14,872 $ 18,353

Note 12 - Share-based Compens_2

Note 12 - Share-based Compensation (Tables)	6 Months Ended
	Jun. 30, 2024
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, 2023 687,206 $ 3.03 Granted 456,370 $ 2.72 Vested (240,397 ) $ 3.41 Forfeited (46,418 ) $ 2.98 Unvested as of June 30, 2024 856,761 $ 2.76
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]	Six Months Ended June 30, 2024 2023 Share-based compensation expense: Cost of sales $ 64 $ 69 Selling, general and administrative 512 340 Net effect of share-based compensation expense on net income $ 576 $ 409 Reduction in earnings per share: Basic earnings per share $ 0.03 $ 0.02 Diluted earnings per share $ 0.03 $ 0.02

Note 15 - Segment Reporting (Ta

Note 15 - Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2024
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, 2024 Revenues from external customers $ 19,611 $ 10,454 $ 6,387 $ — $ — $ 36,452 Intersegment revenues — — 76 — (76 ) — Net revenues 19,611 10,454 6,463 — (76 ) 36,452 Operating income (loss) 1,557 482 623 (1,405 ) — 1,257 Depreciation and amortization 1,022 553 105 38 — 1,718 Capital expenditures 370 280 123 17 — 790 Heavy Fabrications Gearing Industrial Solutions Corporate Eliminations Consolidated For the Three Months Ended June 30, 2023 Revenues from external customers $ 33,944 $ 10,977 $ 5,922 $ — $ — $ 50,843 Intersegment revenues — — 348 — (348 ) — Net revenues 33,944 10,977 6,270 — (348 ) 50,843 Operating income (loss) 3,867 348 843 (2,845 ) 3 2,216 Depreciation and amortization 856 556 92 58 — 1,562 Capital expenditures 2,156 739 — 17 — 2,912 Heavy Fabrications Gearing Industrial Solutions Corporate Eliminations Consolidated For the Six Months Ended June 30, 2024 Revenues from external customers $ 41,628 $ 18,791 $ 13,649 $ — $ — $ 74,068 Intersegment revenues — — 807 — (807 ) — Net revenues 41,628 18,791 14,456 — (807 ) 74,068 Operating income (loss) 3,601 508 2,390 (3,164 ) — 3,335 Depreciation and amortization 1,933 1,093 205 83 — 3,314 Capital expenditures 831 1,348 338 17 — 2,534 Heavy Fabrications Gearing Industrial Solutions Corporate Eliminations Consolidated For the Six Months Ended June 30, 2023 Revenues from external customers $ 65,537 $ 22,943 $ 11,236 $ — $ — $ 99,716 Intersegment revenues — — 456 — (456 ) — Net revenues 65,537 22,943 11,692 — (456 ) 99,716 Operating income (loss) 6,657 929 1,465 (5,556 ) 3 3,498 Depreciation and amortization 1,714 1,152 186 115 — 3,167 Capital expenditures 2,818 1,124 18 17 — 3,977 Total Assets as of June 30, December 31, Segments: 2024 2023 Heavy Fabrications $ 40,558 $ 46,931 Gearing 45,730 48,599 Industrial Solutions 14,602 16,295 Corporate 60,100 58,487 Eliminations (38,457 ) (35,156 ) $ 122,533 $ 135,156

Note 16 - Commitments and Con_2

Note 16 - Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Financing Receivable, Current, Allowance for Credit Loss [Table Text Block]	For the Six Months Ended June 30, 2024 2023 Balance at beginning of period $ 99 $ 17 Bad debt expense — 16 Other adjustments (2 ) — Balance at end of period $ 97 $ 33

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation (Details Textual) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		6 Months Ended
	Sep. 12, 2022	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023	Jan. 31, 2023
Revenue as Percentage of Sales Associated with New Wind Turbine Installations				40%	50%
Debt and Lease Obligation		$ 23,536		$ 23,536
Debt, Current		14,110		14,110
Long-Term Debt		$ 17,957		$ 17,957		$ 12,153
Common Stock, Par or Stated Value Per Share (in dollars per share)		$ 0.001		$ 0.001		$ 0.001
Accounts Receivable, Sale		$ 13,234	$ 9,495	$ 20,039	$ 18,807
Accounts Receivable, Sale, Discount Fees		352	$ 184	516	$ 315
Long-Term Contract with Customer [Member]
Contract with Customer, Asset, before Allowance for Credit Loss							$ 175,000
The Sales Agreement [Member]
Common Stock, Par or Stated Value Per Share (in dollars per share)	$ 1
Sales Agent Commission Percentage	2.75%
Sale of Stock, Common Stock Available for Issuance, Value		11,667		11,667
The Sales Agreement [Member] | Maximum [Member]
Value of Shares Issuable, Maximum	$ 12,000
Revolving Credit Facility [Member]
Line of Credit, Current		10,571		10,571
The 2022 Credit Facility [Member]
Long-Term Debt		5,593		5,593
Line of Credit, Current		$ 16,164		$ 16,164

Note 2 - Revenues (Details Text

Note 2 - Revenues (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Revenue from Contract with Customer, Including Assessed Tax	$ 36,452	$ 50,843	$ 74,068	$ 99,716
Heavy Fabrications [Member] | Transferred over Time [Member]
Revenue from Contract with Customer, Including Assessed Tax	$ 2,067	$ 3,076	$ 2,347	$ 6,744

Note 2 - Revenues - Disaggregat

Note 2 - Revenues - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Revenues	$ 36,452	$ 50,843	$ 74,068	$ 99,716
Consolidation, Eliminations [Member]
Revenues	(76)	(348)	(807)	(456)
Heavy Fabrications [Member] | Operating Segments [Member]
Revenues	19,611	33,944	41,628	65,537
Gearing [Member] | Operating Segments [Member]
Revenues	10,454	10,977	18,791	22,943
Industrial Solutions [Member] | Operating Segments [Member]
Revenues	$ 6,463	$ 6,270	$ 14,456	$ 11,692

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, 2024	Mar. 31, 2024	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2024	Jun. 30, 2023
Net income		$ 482	$ 1,510	$ 1,415	$ 769	$ 1,992	$ 2,184
Weighted average number of common shares outstanding (in shares)		21,783,219		21,091,496		21,688,941	20,980,880
Basic net income per share (in dollars per share)		$ 0.02		$ 0.07		$ 0.09	$ 0.1
Non-vested stock awards (in shares)	[1]	219,859		317,031		215,515	409,351
Weighted average number of common shares outstanding (in shares)		22,003,078		21,408,527		21,904,456	21,390,231
Diluted net income per share (in dollars per share)		$ 0.02		$ 0.07		$ 0.09	$ 0.1
[1]Restricted stock units granted and outstanding of 811,342 as of September 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 months and nine months ended September 30, 2022.

Note 4 - Inventories - Schedule

Note 4 - Inventories - Schedule of Inventories (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Raw materials	$ 20,028	$ 24,651
Work-in-process	13,372	10,390
Finished goods	7,467	4,595
Inventory, Gross	40,867	39,636
Less: Reserve	(2,065)	(2,231)
Net inventories	$ 38,802	$ 37,405

Note 5 - AMP Credits (Details T

Note 5 - AMP Credits (Details Textual) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)	Dec. 21, 2023 USD ($)
Increase (Decrease) in AMP Credit Receivable			$ (5,360)	$ 6,729
Heavy Fabrications [Member]
Increase (Decrease) in AMP Credit Receivable	$ 1,848	$ 3,567	$ 3,720	$ 6,729
AMP Credit, Credit Per Watt of Wind Power Produced	0.03		0.03
AMP Credit, Credits Sold						$ 6,952
AMP Credit, Discount on the Sale Of AMP Credits, Percentage	6.50%		6.50%			6.50%
AMP Credit, Discount on the Sale of AMP Credits, Amount	$ 242		$ 242			$ 452
AMP Credit, Write-down of Remaining Credit Receivable						7,541
AMP Credit, Loss on Sale of AMP Credits						490
AMP Credit, Miscellaneous Administrative Cost Incurred	65		65			$ 254
AMP Credit, Miscellaneous Costs Incurred, Uncapitalized	$ 28		$ 28		$ 197

Note 6 - Intangible Assets (Det

Note 6 - Intangible Assets (Details Textual)	Jun. 30, 2024	Dec. 31, 2023
Finite-Lived Intangible Assets, Remaining Amortization Period (Year)	2 years 10 months 24 days	3 years 3 months 18 days
Minimum [Member]
Finite-Lived Intangible Assets, Remaining Amortization Period (Year)	2 years
Maximum [Member]
Finite-Lived Intangible Assets, Remaining Amortization Period (Year)	3 years

Note 6 - Intangible Assets - In

Note 6 - Intangible Assets - Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Cost Basis	$ 25,248	$ 25,248
Accumulated Amortization	(15,923)	(15,592)
Accumulated Impairment Charges	(7,592)	(7,592)
Intangible assets, net	$ 1,733	$ 2,064
Remaining Average Amortization Period (Year)	2 years 10 months 24 days	3 years 3 months 18 days
Noncompete Agreements [Member]
Cost Basis	$ 170	$ 170
Accumulated Amortization	(170)	(170)
Accumulated Impairment Charges	0	0
Intangible assets, net	0	0
Customer Relationships [Member]
Cost Basis	15,979	15,979
Accumulated Amortization	(7,973)	(7,842)
Accumulated Impairment Charges	(7,592)	(7,592)
Intangible assets, net	$ 414	$ 545
Remaining Average Amortization Period (Year)	1 year 7 months 6 days	2 years 1 month 6 days
Trade Names [Member]
Cost Basis	$ 9,099	$ 9,099
Accumulated Amortization	(7,780)	(7,580)
Accumulated Impairment Charges	0	0
Intangible assets, net	$ 1,319	$ 1,519
Remaining Average Amortization Period (Year)	3 years 3 months 18 days	3 years 9 months 18 days

Note 6 - Intangible Assets - Es

Note 6 - Intangible Assets - Estimated Future Amortization Expense (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
2024	$ 331
2025	661
2026	422
2027	319
Total	$ 1,733	$ 2,064

Note 7 - Accrued Liabilities -

Note 7 - Accrued Liabilities - Accrued Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Accrued payroll and benefits	$ 3,151	$ 5,051
Accrued property taxes	411	0
Income taxes payable	80	254
Accrued professional fees	62	140
Accrued warranty liability	277	322
Self-insured workers compensation reserve	47	21
Accrued sales tax	1	310
Accrued other	318	379
Total accrued liabilities	$ 4,347	$ 6,477

Note 8 - Debt and Credit Agre_3

Note 8 - Debt and Credit Agreements (Details Textual) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023	Aug. 04, 2022
Long-Term Debt, Current Maturities	$ 12,012	$ 5,903
Development Corporation of Abilene Loan [Member]
Notes Payable	1,793	1,361
Notes Payable, Other Payables [Member]
Long-Term Debt, Current Maturities	$ 359	$ 163
Debt Instrument, Interest Rate, Stated Percentage	7%
Notes Payable, Other Payables [Member] | Minimum [Member]
Debt Instrument, Periodic Payment	$ 1
Notes Payable, Other Payables [Member] | Maximum [Member]
Debt Instrument, Periodic Payment	20
The 2022 Credit Facility [Member]
Line of Credit, Current	16,164
Line of Credit Facility, Remaining Borrowing Capacity	17,509
Revolving Credit Facility [Member]
Line of Credit, Current	$ 10,571
Debt Instrument, Interest Rate, Effective Percentage	7.59%	7.64%
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
Debt Instrument, Face Amount			$ 7,578
Debt Issuance Costs, Net	$ 308	$ 359
Accumulated Amortization, Debt Issuance Costs	$ 192	$ 141
Senior Secured Term Loan [Member]
Debt Instrument, Interest Rate, Effective Percentage	7.84%	7.89%

Note 8 - Debt and Credit Agre_4

Note 8 - Debt and Credit Agreements - Outstanding Debt Balances (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Long-Term Debt	$ 17,957	$ 12,153
Less: current maturities	(12,012)	(5,903)
Long-term debt, net of current maturities	5,945	6,250
Line of Credit [Member]
Long-Term Debt	10,571	4,657
Notes Payable, Other Payables [Member]
Long-Term Debt	1,793	1,361
Less: current maturities	(359)	(163)
Long-Term Debt [Member]
Long-Term Debt	$ 5,593	$ 6,135

Note 9 - Leases (Details Textua

Note 9 - Leases (Details Textual) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 29	$ 0
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability	$ 880	$ 0

Note 9 - Leases - Leases Inform

Note 9 - Leases - Leases Information (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Amortization of finance lease assets		$ 370	$ 369	$ 728	$ 739
Interest on finance lease liabilities		121	86	228	184
Total finance lease costs		491	455	956	923
Operating lease cost		703	689	1,345	1,393
Short-term lease cost		54	78	100	167
Variable lease cost	[1]	384	178	753	523
Sublease income		(49)	(49)	(99)	(97)
Total operating lease costs		1,092	896	2,099	1,986
Total lease cost		$ 1,583	$ 1,351	3,055	2,909
Operating cash outflow from operating leases				$ 1,679	$ 1,727
Weighted-average remaining lease term-finance leases at end of period (in years) (Year)		2 years 9 months 18 days	3 years 1 month 6 days	2 years 9 months 18 days	3 years 1 month 6 days
Weighted-average remaining lease term-operating leases at end of period (in years) (Year)		6 years 7 months 6 days	7 years 8 months 12 days	6 years 7 months 6 days	7 years 8 months 12 days
Weighted-average discount rate-finance leases at end of period		5.40%	5.10%	5.40%	5.10%
Weighted-average discount rate-operating leases at end of period		8.90%	8.80%	8.90%	8.80%
[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 9 - Leases - Future Minimu

Note 9 - Leases - Future Minimum Lease Payments (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
2024, finance leases	$ 1,637
2024, operating leases	1,683
2024, total	3,320
2025, finance leases	1,477
2025, operating leases	3,454
2025, total	4,931
2026, finance leases	1,220
2026, operating leases	3,449
2026, total	4,669
2027, finance leases	929
2027, operating leases	3,151
2027, total	4,080
2028, finance leases	6
2028, operating leases	3,160
2028, total	3,166
2029 and thereafter, finance leases	1,014
2029 and thereafter, operating leases	7,802
2029 and thereafter, total	8,816
Total lease payments, finance leases	6,283
Total lease payments, operating leases	22,699
Total lease payments, total	28,982
Less—portion representing interest, finance leases	(704)
Less—portion representing interest, operating leases	(5,840)
Less—portion representing interest, total	(6,544)
Present value of lease obligations, finance leases	5,579
Present value of lease obligations, operating leases	16,859
Present value of lease obligations, total	22,438
Less—current portion of lease obligations, finance leases	(2,098)	$ (2,153)
Less—current portion of lease obligations, operating leases	(1,987)	(1,851)
Less—current portion of lease obligations, total	(4,085)
Long-term portion of lease obligations, finance leases	3,481	3,372
Long-term portion of lease obligations, operating leases	14,872	$ 15,888
Long-term portion of lease obligations, total	$ 18,353

Note 11 - Income Taxes (Details

Note 11 - Income Taxes (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Income Tax Expense (Benefit)	$ 53	$ 28	$ 92	$ 51
Operating Loss Carryforwards					$ 290,233
Operating Loss Carryforwards, Subject to Expiration					$ 227,781
Operating Loss Carry Forwards Annual Limit	14,284		14,284
Unrecognized Tax Benefits	0		0
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	$ 0		$ 0
Rights [Member]
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)	0.001		0.001
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)	$ 7.26		$ 7.26
Class of Warrant or Right Current Beneficial Ownership Percentage That Will Not Trigger Preferred Share Purchase Rights			4.90%

Note 12 - Share-based Compens_3

Note 12 - Share-based Compensation (Details Textual) - shares	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number (in shares)	0
Share-Based Payment Arrangement, Shares Withheld for Tax Withholding Obligation (in shares)	46,668	92,984

Note 12 - Share-based Compens_4

Note 12 - Share-based Compensation - Restricted Stock Unit and Performance Award Activity (Details)	6 Months Ended
	Jun. 30, 2024 $ / shares shares
Unvested, number of shares (in shares) | shares	687,206
Unvested, weighted average grant-date fair value per share (in dollars per share) | $ / shares	$ 3.03
Granted, number of shares (in shares) | shares	456,370
Granted, weighted average grant-date fair value per share (in dollars per share) | $ / shares	$ 2.72
Vested, number of shares (in shares) | shares	(240,397)
Vested, weighted average grant-date fair value per share (in dollars per share) | $ / shares	$ 3.41
Forfeited, number of shares (in shares) | shares	(46,418)
Forfeited, weighted average grant-date fair value per share (in dollars per share) | $ / shares	$ 2.98
Unvested, number of shares (in shares) | shares	856,761
Unvested, weighted average grant-date fair value per share (in dollars per share) | $ / shares	$ 2.76

Note 12 - Share-based Compens_5

Note 12 - Share-based Compensation - Share-based Compensation Expense (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Share-based compensation expense	$ 576	$ 409
Basic earnings per share (in dollars per share)	$ 0.03	$ 0.02
Diluted earnings per share (in dollars per share)	$ 0.03	$ 0.02
Cost of Sales [Member]
Share-based compensation expense	$ 64	$ 69
Selling, General and Administrative Expenses [Member]
Share-based compensation expense	$ 512	$ 340

Note 15 - Segment Reporting (De

Note 15 - Segment Reporting (Details Textual) - Heavy Fabrications [Member]	6 Months Ended
	Jun. 30, 2024 Boe
Number of Facilities	2
Number of Tower Sections in Production Capacity of Turbines Total	1,650
Maximum [Member]
Annual Tower Production Capacity	550
Power Generating Capacity of Turbines (Barrel of Oil Equivalent)	1,500

Note 15 - Segment Reporting - S

Note 15 - Segment Reporting - Segment Reporting (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Revenues from external customers	$ 36,452	$ 50,843	$ 74,068	$ 99,716
Revenue from Contract with Customer, Including Assessed Tax	36,452	50,843	74,068	99,716
Operating income (loss)	1,257	2,216	3,335	3,498
Depreciation and amortization	1,718	1,562	3,314	3,167
Capital expenditures	790	2,912	2,534	3,977
Total assets	122,533		122,533		$ 135,156
Operating Segments [Member] | Heavy Fabrications [Member]
Revenues from external customers	19,611	33,944	41,628	65,537
Revenue from Contract with Customer, Including Assessed Tax	19,611	33,944	41,628	65,537
Operating income (loss)	1,557	3,867	3,601	6,657
Depreciation and amortization	1,022	856	1,933	1,714
Capital expenditures	370	2,156	831	2,818
Total assets	40,558		40,558		46,931
Operating Segments [Member] | Gearing [Member]
Revenues from external customers	10,454	10,977	18,791	22,943
Revenue from Contract with Customer, Including Assessed Tax	10,454	10,977	18,791	22,943
Operating income (loss)	482	348	508	929
Depreciation and amortization	553	556	1,093	1,152
Capital expenditures	280	739	1,348	1,124
Total assets	45,730		45,730		48,599
Operating Segments [Member] | Industrial Solutions [Member]
Revenues from external customers	6,387	5,922	13,649	11,236
Revenue from Contract with Customer, Including Assessed Tax	6,463	6,270	14,456	11,692
Operating income (loss)	623	843	2,390	1,465
Depreciation and amortization	105	92	205	186
Capital expenditures	123	0	338	18
Total assets	14,602		14,602		16,295
Operating Segments [Member] | Corporate Segment [Member]
Revenues from external customers	0	0	0	0
Revenue from Contract with Customer, Including Assessed Tax	0	0	0	0
Operating income (loss)	(1,405)	(2,845)	(3,164)	(5,556)
Depreciation and amortization	38	58	83	115
Capital expenditures	17	17	17	17
Total assets	60,100		60,100		58,487
Consolidation, Eliminations [Member]
Revenues from external customers	0	0	0	0
Revenue from Contract with Customer, Including Assessed Tax	(76)	(348)	(807)	(456)
Operating income (loss)	0	3	0	3
Depreciation and amortization	0	0	0	0
Capital expenditures	0	0	0	0
Total assets	(38,457)		(38,457)		$ (35,156)
Intersegment Eliminations [Member]
Revenue from Contract with Customer, Including Assessed Tax	(76)	(348)	(807)	(456)
Intersegment Eliminations [Member] | Heavy Fabrications [Member]
Revenue from Contract with Customer, Including Assessed Tax	0	0	0	0
Intersegment Eliminations [Member] | Gearing [Member]
Revenue from Contract with Customer, Including Assessed Tax	0	0	0	0
Intersegment Eliminations [Member] | Industrial Solutions [Member]
Revenue from Contract with Customer, Including Assessed Tax	76	348	807	456
Intersegment Eliminations [Member] | Corporate Segment [Member]
Revenue from Contract with Customer, Including Assessed Tax	$ 0	$ 0	$ 0	$ 0

Note 16 - Commitments and Con_3

Note 16 - Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Product Liability Accrual, Period Expense	$ 84	$ 84

Note 16 - Commitments and Con_4

Note 16 - Commitments and Contingencies - Allowance of Doubtful Accounts (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Balance at beginning of period	$ 99	$ 17
Bad debt expense	0	16
Other adjustments	(2)	0
Balance at end of period	$ 97	$ 33

Note 17 - Capitalization (Detai

Note 17 - Capitalization (Details Textual) - $ / shares	Jun. 30, 2024	Mar. 18, 2024	Mar. 17, 2024	Dec. 31, 2023
Common Stock, Shares Authorized (in shares)	45,000,000		30,000,000	45,000,000
Common Stock, Par or Stated Value Per Share (in dollars per share)	$ 0.001			$ 0.001
Preferred Stock, Shares Authorized (in shares)	10,000,000			10,000,000
Preferred Stock, Par or Stated Value Per Share (in dollars per share)	$ 0.001			$ 0.001
Common Stock, Shares, Outstanding (in shares)	21,985,559
Preferred Stock, Shares Issued (in shares)	0			0
Preferred Stock, Shares Outstanding (in shares)	0			0
Maximum [Member]
Common Stock, Shares Authorized (in shares)	45,000,000	45,000,000