Who is Williams Industrial

Income Statement

v3.21.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CONSOLIDATED STATEMENTS OF OPERATIONS    
Revenue $ 60,851 $ 66,147
Cost of revenue 54,753 59,238
Gross profit 6,098 6,909
Operating expenses    
Selling and marketing expenses 211 138
General and administrative expenses 6,311 6,200
Depreciation and amortization expense 41 41
Total operating expenses 6,563 6,379
Operating income (loss) (465) 530
Other (income) expense, net    
Interest expense, net 1,293 1,533
Other income, net (360) (122)
Total other expense, net 933 1,411
Loss from continuing operations before income tax (1,398) (881)
Income tax expense 185 48
Loss from continuing operations (1,583) (929)
Discontinued operations:    
Loss from discontinued operations before income tax (79) (54)
Income tax expense 19 18
Loss from discontinued operations (98) (72)
Net loss $ (1,681) $ (1,001)
Basic loss per common share    
Loss from continuing operations $ (0.06) $ (0.05)
Loss from discontinued operations (0.01)  
Basic loss per common share (0.07) (0.05)
Diluted loss per common share    
Loss from continuing operations (0.06) (0.05)
Loss from discontinued operations (0.01)  
Diluted loss per common share $ (0.07) $ (0.05)

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