Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets

v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash $ 6,664 $ 11,768
Accounts receivable, net of allowance for credit losses of $329 and $309, respectively 9,215 11,228
Unbilled receivables 8,001 8,781
Inventories 1,913 1,563
Prepaid and other assets 3,577 2,971
Current assets related to discontinued operations 61 60
Total current assets 29,431 36,371
Property and equipment:    
Buildings and land 24,672 24,672
Equipment 27,953 27,365
Vehicles 411 411
Leasehold improvements 8 8
Office furniture and equipment 1,076 1,076
Construction-in-progress 4,284 3,998
Total property and equipment 58,404 57,530
Less accumulated depreciation (33,403) (32,930)
Net property and equipment 25,001 24,600
Property and equipment related to discontinued operations [1] 146 146
Operating lease right-of-use assets 1,406 1,445
Intangibles and other long term assets:    
Permits 10,750 10,722
Other intangible assets - net 423 362
Finite risk sinking fund (restricted cash) 13,341 13,216
Other assets 1,193 1,172
Total assets 81,691 88,034
Current liabilities:    
Accounts payable 6,793 7,007
Accrued expenses 5,833 5,222
Disposal/transportation accrual 2,505 1,744
Deferred revenue 6,769 7,007
Accrued closure costs - current 27 27
Current portion of long-term debt 574 562
Current portion of operating lease liabilities 483 416
Current portion of finance lease liabilities 310 313
Current liabilities related to discontinued operations 243 270
Total current liabilities 23,537 22,568
Accrued closure costs 8,833 8,698
Long-term debt, less current portion 1,206 1,310
Long-term operating lease liabilities, less current portion 995 1,102
Long-term finance lease liabilities, less current portion 541 619
Long-term liabilities related to discontinued operations 3,600 3,598
Total long-term liabilities 15,175 15,327
Total liabilities 38,712 37,895
Commitments and Contingencies (Note 9)
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; 18,555,181 and 18,525,823 shares issued, respectively; 18,547,539 and 18,518,181 shares outstanding, respectively 18 18
Additional paid-in capital 161,408 161,057
Accumulated deficit (118,201) (110,714)
Accumulated other comprehensive loss (158) (134)
Less Common Stock in treasury, at cost; 7,642 shares (88) (88)
Total stockholders’ equity 42,979 50,139
Total liabilities and stockholders’ equity $ 81,691 $ 88,034
[1] net of accumulated depreciation of $10,000 for each period presented.