| Summarized Segment Financial Information |
Summarized financial information for our segments as of June 30, 2022 and 2021, and for the three and six months ended June 30, 2022 and 2021, is as follows (in thousands):
|
|
|
Three Months Ended June 30, 2022
|
|
|
|
|
Services
|
|
|
Fabrication
|
|
|
Shipyard
|
|
|
Corporate
|
|
|
Consolidated
|
|
|
Revenue
|
|
$
|
22,180
|
|
|
$
|
10,839
|
|
|
$
|
2,968
|
|
|
$
|
(85
|
)
|
|
$
|
35,902
|
|
|
Gross profit (loss)
|
|
|
3,204
|
|
|
|
(1,369
|
)
|
|
|
(163
|
)
|
|
|
—
|
|
|
|
1,672
|
|
|
Operating income (loss)
|
|
|
2,335
|
|
|
|
1,600
|
|
|
|
(1,384
|
)
|
|
|
(2,018
|
)
|
|
|
533
|
|
|
Depreciation and amortization expense
|
|
|
386
|
|
|
|
813
|
|
|
|
—
|
|
|
|
74
|
|
|
|
1,273
|
|
|
Capital expenditures
|
|
|
—
|
|
|
|
34
|
|
|
|
—
|
|
|
|
—
|
|
|
|
34
|
|
|
Total assets(1)
|
|
|
33,670
|
|
|
|
33,392
|
|
|
|
17,137
|
|
|
|
48,801
|
|
|
|
133,000
|
|
|
|
|
Six Months Ended June 30, 2022
|
|
|
|
|
Services
|
|
|
Fabrication
|
|
|
Shipyard
|
|
|
Corporate
|
|
|
Consolidated
|
|
|
Revenue
|
|
$
|
42,844
|
|
|
$
|
16,456
|
|
|
$
|
5,465
|
|
|
$
|
(177
|
)
|
|
$
|
64,588
|
|
|
Gross profit (loss)
|
|
|
5,132
|
|
|
|
(3,390
|
)
|
|
|
(490
|
)
|
|
|
—
|
|
|
|
1,252
|
|
|
Operating income (loss)
|
|
|
3,522
|
|
|
|
(1,333
|
)
|
|
|
(2,572
|
)
|
|
|
(4,066
|
)
|
|
|
(4,449
|
)
|
|
Depreciation and amortization expense
|
|
|
746
|
|
|
|
1,629
|
|
|
|
—
|
|
|
|
149
|
|
|
|
2,524
|
|
|
Capital expenditures
|
|
|
318
|
|
|
|
156
|
|
|
|
—
|
|
|
|
—
|
|
|
|
474
|
|
|
Total assets(1)
|
|
|
33,670
|
|
|
|
33,392
|
|
|
|
17,137
|
|
|
|
48,801
|
|
|
|
133,000
|
|
|
|
|
Three Months Ended June 30, 2021
|
|
|
|
|
Services
|
|
|
Fabrication
|
|
|
Shipyard
|
|
|
Corporate
|
|
|
Consolidated
|
|
|
Revenue
|
|
$
|
10,278
|
|
|
$
|
11,242
|
|
|
$
|
3,129
|
|
|
$
|
(381
|
)
|
|
$
|
24,268
|
|
|
Gross profit (loss)
|
|
|
1,598
|
|
|
|
706
|
|
|
|
(1,005
|
)
|
|
|
(78
|
)
|
|
|
1,221
|
|
|
Operating income (loss)
|
|
|
1,292
|
|
|
|
427
|
|
|
|
(1,064
|
)
|
|
|
(2,142
|
)
|
|
|
(1,487
|
)
|
|
Depreciation and amortization expense
|
|
|
141
|
|
|
|
860
|
|
|
|
—
|
|
|
|
81
|
|
|
|
1,082
|
|
|
Capital expenditures
|
|
|
—
|
|
|
|
419
|
|
|
|
—
|
|
|
|
—
|
|
|
|
419
|
|
|
Total assets(1)
|
|
|
11,302
|
|
|
|
36,005
|
|
|
|
17,524
|
|
|
|
84,241
|
|
|
|
149,072
|
|
|
|
|
Six Months Ended June 30, 2021
|
|
|
|
|
Services
|
|
|
Fabrication
|
|
|
Shipyard
|
|
|
Corporate
|
|
|
Consolidated
|
|
|
Revenue
|
|
$
|
17,784
|
|
|
$
|
22,978
|
|
|
$
|
8,259
|
|
|
$
|
(968
|
)
|
|
$
|
48,053
|
|
|
Gross profit (loss)
|
|
|
2,162
|
|
|
|
1,187
|
|
|
|
(1,937
|
)
|
|
|
(166
|
)
|
|
|
1,246
|
|
|
Operating income (loss)
|
|
|
1,565
|
|
|
|
1,073
|
|
|
|
(2,269
|
)
|
|
|
(4,089
|
)
|
|
|
(3,720
|
)
|
|
Depreciation and amortization expense
|
|
|
298
|
|
|
|
1,691
|
|
|
|
—
|
|
|
|
160
|
|
|
|
2,149
|
|
|
Capital expenditures
|
|
|
—
|
|
|
|
579
|
|
|
|
—
|
|
|
|
—
|
|
|
|
579
|
|
|
Total assets(1)
|
|
|
11,302
|
|
|
|
36,005
|
|
|
|
17,524
|
|
|
|
84,241
|
|
|
|
149,072
|
|
|
|
(1)
|
Cash and short-term investments are reported within our Corporate Division.
|
|