Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

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Consolidated Statements of Operations - USD ($)
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]    
Net revenues $ 72,191,000 $ 105,426,000
Cost of goods sold 65,367,000 89,533,000
Gross profit 6,824,000 15,893,000
Selling, general and administrative expenses 12,845,000 11,774,000
Research and development 746,000 762,000
Loss on disposal of property and equipment 2,000 29,000
(Loss) income from operations (6,769,000) 3,328,000
Other income (expense):    
Interest income 26,000 140,000
Interest expense (247,000) (398,000)
Interest expense-financing fees (41,000) (294,000)
Other (86,000) 211,000
Gain (loss) on extinguishment of debt (Note 10) 5,381,000 (27,000)
Loss on deconsolidation of subsidiary (Note 14) (1,062,000)
(Loss) income from continuing operations before taxes (2,798,000) 2,960,000
Income tax benefit (3,890,000) [1] (189,000)
Income from continuing operations, net of taxes 1,092,000 3,149,000
Loss from discontinued operations (Note 9) (421,000) (412,000)
Net income 671,000 2,737,000
Net loss attributable to non-controlling interest (164,000) (123,000)
Net income attributable to Perma-Fix Environmental Services, Inc. common stockholders $ 835,000 $ 2,860,000
Net income (loss) per common share attributable to Perma-Fix Environmental Services, Inc. stockholders - basic:    
Continuing operations $ 0.10 $ 0.27
Discontinued operations (0.03) (0.03)
Net income per common share 0.07 0.24
Net income (loss) per common share attributable to Perma-Fix Environmental Services, Inc. stockholders - diluted:    
Continuing operations 0.10 0.26
Discontinued operations (0.03) (0.03)
Net income per common share $ 0.07 $ 0.23
Number of common shares used in computing net income (loss) per share:    
Basic 12,433 12,139
Diluted 12,673 12,347
[1] Includes tax benefit recorded in amount of approximately $2,351,000 resulting from release of valuation allowance on the Company’s deferred tax assets (see “Note 13 Income Taxes” for a discussion of this tax benefit).