Annual report pursuant to Section 13 and 15(d)

Acquisitions - Fair Value of Assets Identified and Liabilities Assumed (Details)

v3.23.1
Acquisitions - Fair Value of Assets Identified and Liabilities Assumed (Details) - USD ($)
 3 Months Ended 12 Months Ended
Dec. 31, 2022
Sep. 30, 2022
Dec. 31, 2022
Dec. 31, 2021
Oct. 22, 2021
Dec. 31, 2020
Business Acquisition [Line Items]            
Allowance for credit loss $ 1,250,000   $ 1,250,000 $ 216,000   $ 496,000
Goodwill 11,389,000   11,389,000 $ 12,637,000    
DanChem Technologies, Inc.            
Business Acquisition [Line Items]            
Cash and cash equivalents 1,533,000   1,533,000   $ 1,533,000  
Allowance for credit loss 118,000   118,000   118,000  
Accounts receivable, net of allowance for credit losses of $118 5,358,000   5,358,000   5,358,000  
Inventories, net 1,561,000   1,561,000   1,561,000  
Prepaid expenses and other current assets 454,000   454,000   454,000  
Property, plant and equipment, net 17,291,000   17,291,000   15,697,000  
Property, plant and equipment, revisions   $ 1,600,000 1,594,000      
Right of use asset, operating leases, net 208,000   208,000   208,000  
Intangible assets, net 5,750,000   5,750,000   5,750,000  
Total identifiable assets acquired 32,155,000   32,155,000   30,561,000  
Accounts payable 1,751,000   1,751,000   1,751,000  
Accrued expenses and other current liabilities 1,622,000   1,622,000   1,622,000  
Current portion of operating lease liabilities 51,000   51,000   51,000  
Current portion of finance lease liabilities 215,000   215,000   215,000  
Deferred income taxes 2,888,000   2,888,000   2,542,000  
Deferred income taxes, revisions (40,475) $ 400,000 346,000      
Long-term portion of operating lease liabilities 157,000   157,000   157,000  
Long-term portion of finance lease liabilities 1,408,000   1,408,000   1,408,000  
Total identifiable liabilities assumed 8,092,000   8,092,000   7,746,000  
Net identifiable assets acquired 24,063,000   24,063,000   22,815,000  
Transaction price 34,097,000   34,097,000   34,097,000  
Goodwill 10,034,000   10,034,000   $ 11,282,000  
DanChem Technologies, Inc. | Revision of Prior Period, Adjustment            
Business Acquisition [Line Items]            
Total identifiable assets acquired 1,594,000   1,594,000      
Total identifiable liabilities assumed 346,000   346,000      
Net identifiable assets acquired 1,248,000   1,248,000      
Goodwill $ (1,248,000)   $ (1,248,000)