| Summarized Segment Financial Information |
Summarized financial information for our segments as of, and for the three months ended March 31, 2022 and 2021, is as follows (in thousands):
|
|
|
Three Months Ended March 31, 2022
|
|
|
|
|
Services
|
|
|
Fabrication
|
|
|
Shipyard
|
|
|
Corporate
|
|
|
Consolidated
|
|
|
Revenue
|
|
$
|
20,664
|
|
|
$
|
5,617
|
|
|
$
|
2,497
|
|
|
$
|
(92
|
)
|
|
$
|
28,686
|
|
|
Gross profit (loss)
|
|
|
1,928
|
|
|
|
(2,021
|
)
|
|
|
(327
|
)
|
|
|
—
|
|
|
|
(420
|
)
|
|
Operating income (loss)
|
|
|
1,187
|
|
|
|
(2,933
|
)
|
|
|
(1,188
|
)
|
|
|
(2,048
|
)
|
|
|
(4,982
|
)
|
|
Depreciation and amortization expense
|
|
|
360
|
|
|
|
816
|
|
|
|
—
|
|
|
|
75
|
|
|
|
1,251
|
|
|
Capital expenditures
|
|
|
318
|
|
|
|
122
|
|
|
|
—
|
|
|
|
—
|
|
|
|
440
|
|
|
Total assets(1)
|
|
|
29,939
|
|
|
|
35,121
|
|
|
|
16,459
|
|
|
|
48,686
|
|
|
|
130,205
|
|
|
|
|
Three Months Ended March 31, 2021
|
|
|
|
|
Services
|
|
|
Fabrication
|
|
|
Shipyard
|
|
|
Corporate
|
|
|
Consolidated
|
|
|
Revenue
|
|
$
|
7,506
|
|
|
$
|
11,736
|
|
|
$
|
5,130
|
|
|
$
|
(587
|
)
|
|
$
|
23,785
|
|
|
Gross profit (loss)
|
|
|
564
|
|
|
|
481
|
|
|
|
(932
|
)
|
|
|
(88
|
)
|
|
|
25
|
|
|
Operating income (loss)
|
|
|
273
|
|
|
|
646
|
|
|
|
(1,205
|
)
|
|
|
(1,947
|
)
|
|
|
(2,233
|
)
|
|
Depreciation and amortization expense
|
|
|
157
|
|
|
|
831
|
|
|
|
—
|
|
|
|
79
|
|
|
|
1,067
|
|
|
Capital expenditures
|
|
|
—
|
|
|
|
160
|
|
|
|
—
|
|
|
|
—
|
|
|
|
160
|
|
|
Total assets(1)
|
|
|
10,203
|
|
|
|
45,279
|
|
|
|
17,909
|
|
|
|
59,345
|
|
|
|
132,736
|
|
Cash and short-term investments are reported within our Corporate Division.
|