Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Balance Sheets

v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash $ 11,768 $ 28,975
Accounts receivable, net of allowance for credit losses of $309 and $202, respectively 11,228 11,579
Unbilled receivables 8,781 4,990
Inventories 1,563 1,350
Prepaid and other assets 2,971 3,309
Current assets related to discontinued operations 60 20
Total current assets 36,371 50,223
Property and equipment:    
Buildings and land 24,672 24,717
Equipment 27,365 23,499
Vehicles 411 411
Leasehold improvements 8 8
Office furniture and equipment 1,076 1,082
Construction-in-progress 3,998 2,949
Total property and equipment 57,530 52,666
Less accumulated depreciation (32,930) (31,533)
Net property and equipment 24,600 21,133
Property and equipment related to discontinued operations [1] 146 130
Operating lease right-of-use assets 1,445 1,697
Intangibles and other long term assets:    
Permits 10,722 10,531
Other intangible assets - net 362 393
Finite risk sinking fund (restricted cash) (Note 13) 13,216 12,680
Other assets 1,172 461
Total assets 88,034 97,248
Current liabilities:    
Accounts payable 7,007 6,373
Accrued expenses 5,222 5,111
Disposal/transportation accrual 1,744 2,271
Deferred revenue 7,007 6,711
Accrued closure costs - current 27 50
Current portion of long-term debt 562 550
Current portion of operating lease liabilities 416 345
Current portion of finance lease liabilities 313 285
Current liabilities related to discontinued operations 270 244
Total current liabilities 22,568 21,940
Accrued closure costs 8,698 8,290
Long-term debt, less current portion 1,310 1,765
Long-term operating lease liabilities, less current portion 1,102 1,427
Long-term finance lease liabilities, less current portion 619 491
Long-term liabilities related to discontinued operations 3,598 945
Total long-term liabilities 15,327 12,918
Total liabilities 37,895 34,858
Commitments and Contingencies (Note 13)
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; 18,525,823 and 18,384,879 shares issued, respectively; 18,518,181 and 18,377,237 shares outstanding, respectively 18 18
Additional paid-in capital 161,057 159,590
Accumulated deficit (110,714) (96,930)
Accumulated other comprehensive loss (134) (200)
Less Common Stock in treasury, at cost; 7,642 shares (88) (88)
Total stockholders’ equity 50,139 62,390
Total liabilities and stockholders’ equity $ 88,034 $ 97,248
[1] net of accumulated depreciation of $10,000 for each period presented.