Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2026

Schedule Of Financial Information Concerning Reportable Segments

The following table presents selected financial information with respect to the Company’s single operating segment for the three months ended March 31, 2026 and 2025:


	Three Months Ended March 31,
(Dollars in thousands)		2026		2025
Net sales		$	125,101	$	111,839
Cash cost of goods sold(1)		108,118		90,206
Other segment expenses		26,715		20,559
Lower of cost or market inventory valuation adjustment		5,258		2,783
Research and development		1,443		1,879
Selling and administrative expenses		14,228		14,622
Other (income) expense, net		(12,048)		447
Interest expense		24,196		29,841
Interest income		(841)		(1,935)
Income tax expense (benefit)		1,309		(7,212)
Net loss		$	(43,277)	$	(39,351)

(1) Cash cost of goods sold is defined as cost of goods sold less depreciation and amortization and less cost of goods sold associated with the portion of our sales that consist of deliveries of by-products of the manufacturing processes, and is the significant expense the chief operating decision maker uses to evaluate segment expenses