Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.23.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 1,866 $ 4,440
Accounts receivable, net of allowance for credit losses of $57 and $85, respectively 9,364 11,372
Unbilled receivables 6,062 8,995
Inventories 814 680
Prepaid and other assets 5,405 4,472
Current assets related to discontinued operations 15 15
Total current assets 23,526 29,974
Property and equipment:    
Buildings and land 24,021 20,631
Equipment 21,242 22,131
Vehicles 442 443
Leasehold improvements 23 23
Office furniture and equipment 1,299 1,316
Construction-in-progress 727 2,997
Total property and equipment 47,754 47,541
Less accumulated depreciation (28,797) (28,932)
Net property and equipment 18,957 18,609
Property and equipment related to discontinued operations [1] 81 81
Operating lease right-of-use assets 1,971 2,460
Intangibles and other long term assets:    
Permits 9,610 9,476
Other intangible assets - net 629 894
Finite risk sinking fund (restricted cash) 11,570 11,471
Deferred tax assets 4,116 3,527
Other assets 438 809
Total assets [2] 70,898 77,301
Current liabilities:    
Accounts payable 10,325 11,975
Accrued expenses 4,593 5,078
Disposal/transportation accrual 887 1,065
Deferred revenue 4,813 5,580
Accrued closure costs - current 682 578
Current portion of long-term debt 476 393
Current portion of operating lease liabilities 416 406
Current portion of finance lease liabilities 154 333
Current liabilities related to discontinued operations 362 506
Total current liabilities 22,708 25,914
Accrued closure costs 7,284 6,613
Long-term debt, less current portion 563 600
Long-term operating lease liabilities, less current portion 1,584 2,029
Long-term finance lease liabilities, less current portion 318 884
Long-term liabilities related to discontinued operations 908 677
Total long-term liabilities 10,657 10,803
Total liabilities 33,365 36,717
Commitments and Contingencies (Note 16)
Stockholders’ Equity:    
Preferred Stock, $.001 par value; 2,000,000 shares authorized, no shares issued and outstanding
Common Stock, $.001 par value; 30,000,000 shares authorized; 13,332,398 and 13,222,552 shares issued, respectively; 13,324,756 and 13,214,910 shares outstanding, respectively 13 13
Additional paid-in capital 115,209 114,307
Accumulated deficit (77,436) (73,620)
Accumulated other comprehensive loss (165) (28)
Less Common Stock in treasury, at cost; 7,642 shares (88) (88)
Total stockholders’ equity 37,533 40,584
Total liabilities and stockholders’ equity $ 70,898 $ 77,301
[1] net of accumulated depreciation of $10,000 for each period presented.
[2] Segment assets have been adjusted for intercompany accounts to reflect actual assets for each segment.