| Summarized Segment Financial Information |
Summarized financial information for our segments as of March 31, 2023 and 2022, and for the three months ended March 31, 2023 and 2022, is as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, 2023 |
|
|
|
Services |
|
|
Fabrication |
|
|
Shipyard |
|
|
Corporate |
|
|
Consolidated |
|
Revenue |
|
$ |
21,587 |
|
|
$ |
39,662 |
|
|
$ |
1,347 |
|
|
$ |
(428 |
) |
|
$ |
62,168 |
|
Gross profit (loss) |
|
|
2,987 |
|
|
|
2,462 |
|
|
|
(415 |
) |
|
|
— |
|
|
|
5,034 |
|
Operating income (loss) |
|
|
2,341 |
|
|
|
2,244 |
|
|
|
(2,203 |
) |
|
|
(2,054 |
) |
|
|
328 |
|
Depreciation and amortization expense |
|
|
442 |
|
|
|
822 |
|
|
|
— |
|
|
|
69 |
|
|
|
1,333 |
|
Capital expenditures |
|
|
264 |
|
|
|
213 |
|
|
|
— |
|
|
|
10 |
|
|
|
487 |
|
Total assets(1) |
|
|
29,404 |
|
|
|
55,801 |
|
|
|
14,634 |
|
|
|
49,211 |
|
|
|
149,050 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 |
|
Cash and short-term investments are reported within our Corporate Division.
|