v3.25.1

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2025	Mar. 31, 2024
Income Statement [Abstract]
Revenues	$ 6,740	$ 3,315
Cost of goods sold	6,592	2,780
Gross profit	148	535
Operating expenses
Selling, general and administrative	2,414	2,050
Research and development	80	211
Total operating expenses	2,494	2,261
Operating loss from continuing operations	(2,346)	(1,726)
Interest income, net	247	31
Other income, net	23	40
Loss before income taxes	(2,076)	(1,655)
Income tax benefit
Net loss from continuing operations	(2,076)	(1,655)
Income from discontinued operations, net of income taxes	1,147	620
Net loss	$ (929)	$ (1,035)
Basic (loss) earnings per share:
Loss from continuing operations	$ (0.19)	$ (0.16)
Earnings from discontinued operations	0.10	0.06
Basic loss per share	(0.09)	(0.10)
Diluted (loss) earnings per share:
Loss from continuing operations	(0.19)	(0.16)
Earnings from discontinued operations	0.10	0.06
Diluted loss per share	$ (0.09)	$ (0.10)
Weighted average common shares outstanding:
Basic	11,120,266	10,112,310
Diluted	11,187,484	10,343,236

The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(2)(d))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(2)(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 924
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479941/924-10-S99-1

PIONEER POWER SOLUTIONS, INC. 10-Q