$ARTW
ARTS WAY MANUFACTURING CO INC

2024 Q4 Form 10-Q Financial Statement

#000143774924031031 Filed on October 10, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $5.876M
YoY Change -27.62%
Cost Of Revenue $4.176M
YoY Change -28.22%
Gross Profit $1.700M
YoY Change -26.1%
Gross Profit Margin 28.93%
Selling, General & Admin $1.467M
YoY Change -11.69%
% of Gross Profit 86.32%
Research & Development $78.95K
YoY Change -53.56%
% of Gross Profit 4.64%
Depreciation & Amortization $229.5K
YoY Change 108.66%
% of Gross Profit 13.5%
Operating Expenses $1.546M
YoY Change -15.61%
Operating Profit $153.7K
YoY Change -67.18%
Interest Expense -$150.0K
YoY Change -193.29%
% of Operating Profit -97.6%
Other Income/Expense, Net -$154.2K
YoY Change -5.6%
Pretax Income -$483.00
YoY Change -100.16%
Income Tax -$2.713K
% Of Pretax Income
Net Earnings -$26.20K
YoY Change -64.61%
Net Earnings / Revenue -0.45%
Basic Earnings Per Share -$0.01
Diluted Earnings Per Share -$0.01
COMMON SHARES
Basic Shares Outstanding 5.031M 5.071M
Diluted Shares Outstanding 5.072M

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.120K
YoY Change
Cash & Equivalents $5.119K
Short-Term Investments
Other Short-Term Assets $361.1K
YoY Change 3.76%
Inventory $10.69M
Prepaid Expenses
Receivables $2.943M
Other Receivables $0.00
Total Short-Term Assets $14.05M
YoY Change -13.86%
LONG-TERM ASSETS
Property, Plant & Equipment $5.726M
YoY Change 2.99%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $476.1K
YoY Change -5.46%
Total Long-Term Assets $9.422M
YoY Change 1.81%
TOTAL ASSETS
Total Short-Term Assets $14.05M
Total Long-Term Assets $9.422M
Total Assets $23.47M
YoY Change -8.19%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $870.3K
YoY Change -69.77%
Accrued Expenses $1.105M
YoY Change -3.17%
Deferred Revenue $162.9K
YoY Change -61.24%
Short-Term Debt $3.867M
YoY Change -14.63%
Long-Term Debt Due $114.5K
YoY Change 7.44%
Total Short-Term Liabilities $9.064M
YoY Change -11.18%
LONG-TERM LIABILITIES
Long-Term Debt $2.543M
YoY Change -4.34%
Other Long-Term Liabilities $7.010K
YoY Change -94.16%
Total Long-Term Liabilities $2.543M
YoY Change -4.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.064M
Total Long-Term Liabilities $2.543M
Total Liabilities $12.20M
YoY Change -10.76%
SHAREHOLDERS EQUITY
Retained Earnings $6.497M
YoY Change -11.36%
Common Stock $51.89K
YoY Change 1.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $11.27M
YoY Change
Total Liabilities & Shareholders Equity $23.47M
YoY Change -8.19%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$26.20K
YoY Change -64.61%
Depreciation, Depletion And Amortization $229.5K
YoY Change 108.66%
Cash From Operating Activities $282.4K
YoY Change 182.36%
INVESTING ACTIVITIES
Capital Expenditures $101.8K
YoY Change -245.46%
Acquisitions
YoY Change
Other Investing Activities $800.00
YoY Change -99.0%
Cash From Investing Activities -$101.0K
YoY Change -167.35%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -180.7K
YoY Change -27.72%
NET CHANGE
Cash From Operating Activities 282.4K
Cash From Investing Activities -101.0K
Cash From Financing Activities -180.7K
Net Change In Cash 630.0
YoY Change -541165879296075.0%
FREE CASH FLOW
Cash From Operating Activities $282.4K
Capital Expenditures $101.8K
Free Cash Flow $180.5K
YoY Change 6.2%

Facts In Submission

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663828 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
599181 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
24509 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
8 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-145112 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
144454 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-464505 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1989230 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-494822 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1076784 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
193993 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
14687 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1386227 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
367912 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
2433887 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
480643 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-253117 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-405076 usd
us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
0 usd
us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
1500 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-294171 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-19633 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
1506107 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-999188 usd
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-76123 usd
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
480541 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1429984 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-518647 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
614367 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
569445 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
800 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
286815 usd
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-613567 usd
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-282630 usd
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
0 usd
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
80595 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-613567 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-202035 usd
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-546083 usd
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
610059 usd
artw Proceeds From Finance Lease Obligations
ProceedsFromFinanceLeaseObligations
0 usd
artw Proceeds From Finance Lease Obligations
ProceedsFromFinanceLeaseObligations
397536 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
148129 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
127888 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
81211 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
73019 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
37654 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
63995 usd
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-813077 usd
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
742693 usd
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
-2235 usd
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
-22849 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-815312 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
719844 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1105 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-838 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
4014 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
5055 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
5119 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
4217 usd
us-gaap Interest Paid Net
InterestPaidNet
476809 usd
us-gaap Interest Paid Net
InterestPaidNet
434799 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
90 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
2841 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
38192 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
134543 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
6451 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
7001 usd
us-gaap Nature Of Operations
NatureOfOperations
<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" style="width: 100%; text-indent: 0px;"><tbody><tr style="vertical-align: top;"><td style="width: 18pt;"> </td><td style="width: 18pt;"> <p style="font-family: 'Times New Roman', Times, serif;font-size: 10pt;font-variant:normal;margin:0pt;"><b><em style="font: inherit;">1</em>)</b></p> </td><td style="width: auto;"> <p style="font-family: 'Times New Roman', Times, serif;font-size: 10pt;font-variant:normal;margin:0pt;"><b>Description of the Company</b></p> </td></tr> </tbody></table> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt 0pt 0pt 36pt;">Unless otherwise specified, as used in this Quarterly Report on Form <em style="font: inherit;">10</em>-Q, the terms “we,” “us,” “our,” “Art’s-Way,” and the “Company” refer to Art’s-Way Manufacturing Co., Inc., a Delaware corporation headquartered in Armstrong, Iowa, and its wholly owned subsidiaries.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt 0pt 0pt 36pt;">The Company began operations as a farm equipment manufacturer in <em style="font: inherit;">1956.</em> Since that time, it has become a major worldwide manufacturer of agricultural equipment. Its principal manufacturing plant is located in Armstrong, Iowa.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt 0pt 0pt 36pt;">The Company has organized its business into two operating segments. Management separately evaluates the financial results of each segment because each is a strategic business unit offering different products and requiring different technology and marketing strategies. The Agricultural Products segment manufactures and sells farm equipment and related replacement parts under the Art’s-Way Manufacturing label and private labels. The Modular Buildings segment manufactures and installs modular buildings for animal containment and various laboratory uses.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt 0pt 0pt 36pt;">During the <em style="font: inherit;">third</em> quarter of fiscal <em style="font: inherit;">2023,</em> the Company ceased operations of its Tools business, which manufactured steel cutting tools and inserts. In previous periods, operations of the Tools business was reported in consolidated numbers as the Company's <em style="font: inherit;">third</em> operating segment. The Tools segment was reported in discontinued operations beginning with the <em style="font: inherit;">three</em> and <em style="font: inherit;">nine</em> month periods ending <em style="font: inherit;"> August 31, 2023</em>. For more information on discontinued operations, see Note <em style="font: inherit;">3</em> "Discontinued Operations."</p>
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 pure
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt 0pt 0pt 36pt;"><i>Estimates</i></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt 0pt 0pt 36pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities and the reported amounts of revenue and expenses during the <em style="font: inherit;">three</em> and <em style="font: inherit;">nine</em> months ended <em style="font: inherit;"> August 31, 2024</em>. Actual results could differ from those estimates.</p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt 0pt 0pt 36pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt 0pt 0pt 36pt;"></p>
CY2024Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
5876000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
8117000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
18329000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
23429000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
32137 usd
artw Provision For Doubtful Accounts Excluding Writeoffs
ProvisionForDoubtfulAccountsExcludingWriteoffs
37128 usd
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
12619 usd
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
56646 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
33288 usd
artw Provision For Doubtful Accounts Excluding Writeoffs
ProvisionForDoubtfulAccountsExcludingWriteoffs
1419 usd
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
-0 usd
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
34707 usd
CY2024Q3 us-gaap Accounts Receivable Billed For Long Term Contracts Or Programs
AccountsReceivableBilledForLongTermContractsOrPrograms
2943000 usd
CY2023Q4 us-gaap Accounts Receivable Billed For Long Term Contracts Or Programs
AccountsReceivableBilledForLongTermContractsOrPrograms
3432000 usd
CY2024Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
26000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
289000 usd
CY2024Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
2685000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
767000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
686000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1153000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
451000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
2230 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
240873 usd
CY2024Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-28430 usd
CY2023Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-314903 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-26200 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-74030 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5071512
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5009041
CY2024Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2023Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5071512
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5009041
CY2024Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.05
CY2024Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.01
CY2023Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.06
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2024Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.05
CY2024Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
CY2023Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.06
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-426657 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
920929 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-97895 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-346084 usd
us-gaap Net Income Loss
NetIncomeLoss
-524552 usd
us-gaap Net Income Loss
NetIncomeLoss
574845 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5054092
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5000185
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5054092
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5000185
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.08
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.18
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.02
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.07
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.1
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.08
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.18
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.02
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.1
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
CY2024Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
8240857 usd
CY2023Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
8860296 usd
CY2024Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
185311 usd
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
281760 usd
CY2024Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
4181654 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
3472354 usd
CY2024Q3 us-gaap Inventory Gross
InventoryGross
12607822 usd
CY2023Q4 us-gaap Inventory Gross
InventoryGross
12614410 usd
CY2024Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1916757 usd
CY2023Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1583048 usd
CY2024Q3 us-gaap Inventory Net
InventoryNet
10691065 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
11031362 usd
CY2024Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
541145 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
805908 usd
CY2024Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
215918 usd
CY2023Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
295113 usd
CY2024Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
348311 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
298211 usd
CY2024Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1105374 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1399232 usd
CY2024Q3 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
115291 usd
CY2023Q4 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
145494 usd
CY2024Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
56000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
148000 usd
CY2023Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
20000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
85000 usd
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
53942 usd
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
70036 usd
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
123978 usd
CY2024Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
196668 usd
CY2023Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
252444 usd
CY2024Q3 artw Standard Product Warranty Accrual Decrease Increase For Payments And Adjustments
StandardProductWarrantyAccrualDecreaseIncreaseForPaymentsAndAdjustments
71426 usd
CY2023Q3 artw Standard Product Warranty Accrual Decrease Increase For Payments And Adjustments
StandardProductWarrantyAccrualDecreaseIncreaseForPaymentsAndAdjustments
114074 usd
CY2024Q3 artw Standard Product Warranty Accrual Increase Decrease For Warranties Issued And Cancelled
StandardProductWarrantyAccrualIncreaseDecreaseForWarrantiesIssuedAndCancelled
-52176 usd
CY2023Q3 artw Standard Product Warranty Accrual Increase Decrease For Warranties Issued And Cancelled
StandardProductWarrantyAccrualIncreaseDecreaseForWarrantiesIssuedAndCancelled
-102485 usd
CY2024Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
215918 usd
CY2023Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
264033 usd
CY2023Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
295113 usd
CY2022Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
192301 usd
artw Standard Product Warranty Accrual Decrease Increase For Payments And Adjustments
StandardProductWarrantyAccrualDecreaseIncreaseForPaymentsAndAdjustments
250102 usd
artw Standard Product Warranty Accrual Decrease Increase For Payments And Adjustments
StandardProductWarrantyAccrualDecreaseIncreaseForPaymentsAndAdjustments
345409 usd
artw Standard Product Warranty Accrual Increase Decrease For Warranties Issued And Cancelled
StandardProductWarrantyAccrualIncreaseDecreaseForWarrantiesIssuedAndCancelled
-329297 usd
artw Standard Product Warranty Accrual Increase Decrease For Warranties Issued And Cancelled
StandardProductWarrantyAccrualIncreaseDecreaseForWarrantiesIssuedAndCancelled
-273677 usd
CY2024Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
215918 usd
CY2023Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
264033 usd
CY2024Q3 artw Longterm Debt Including Disposal Groupand Discontinued Operations
LongtermDebtIncludingDisposalGroupandDiscontinuedOperations
2816207 usd
CY2023Q4 artw Longterm Debt Including Disposal Groupand Discontinued Operations
LongtermDebtIncludingDisposalGroupandDiscontinuedOperations
2899654 usd
CY2024Q3 artw Longterm Debt Disposal Group Including Disontinued Operation
LongtermDebtDisposalGroupIncludingDisontinuedOperation
158363 usd
CY2023Q4 artw Longterm Debt Disposal Group Including Disontinued Operation
LongtermDebtDisposalGroupIncludingDisontinuedOperation
160599 usd
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
2657844 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
2739055 usd
CY2024Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
114537 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
109193 usd
CY2024Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2543307 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2629862 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
264244 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
113364 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
130762 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
421447 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
276867 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1609523 usd
CY2024Q3 artw Longterm Debt Including Disposal Groupand Discontinued Operations
LongtermDebtIncludingDisposalGroupandDiscontinuedOperations
2816207 usd
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
15975 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
22427 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
8966 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
8653 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
7009 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
13774 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
15975 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
22427 usd
CY2024Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
414133 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
511367 usd
CY2024Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
240849 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
257454 usd
CY2024Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
590676 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
722200 usd
CY2024Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
831525 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
979654 usd
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
5000
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
5000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
6750
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
13999
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
82250
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
88251
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 pure

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