v3.25.2
SEGMENT INFORMATION - Schedule of Segment Information (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting Information [Line Items]        
Net sales $ 162,639 $ 127,276 $ 234,669 $ 186,320
Adjusted cost of goods sold 57,999 51,352 99,201 86,979
Adjusted selling, general and administrative expense 13,302 11,016 26,047 22,297
Segment Adjusted EBITDA 91,338 64,908 109,421 77,044
Depreciation and amortization 17,924 16,359 34,817 32,771
Interest and financing expense 9,930 10,590 19,574 21,238
Founders advisory fees - related party 96,883 588 16,270 68,921
Non-recurring expenses 307 23 1,775 563
Stock-based compensation expense 2,238 2,994 4,909 4,736
Foreign currency (gain) loss (2,096) 224 (3,255) 1,517
(Loss) income before income taxes (33,848) 34,130 35,331 (52,702)
Purchases of property and equipment 12,764 3,643 17,577 5,196
Purchase of intangible assets 15,226   15,226 0
Product        
Segment Reporting Information [Line Items]        
Net sales 130,773 94,736 199,489 152,617
Services and others        
Segment Reporting Information [Line Items]        
Net sales 31,866 32,540 35,180 33,703
Fire Safety        
Segment Reporting Information [Line Items]        
Net sales 120,284 98,538 157,447 123,693
Adjusted cost of goods sold 33,632 34,680 52,214 51,532
Adjusted selling, general and administrative expense 8,993 8,219 17,489 16,763
Segment Adjusted EBITDA 77,659 55,639 87,744 55,398
Depreciation and amortization 13,620 12,798 26,385 25,688
Purchases of property and equipment 10,409 1,685 13,671 2,478
Purchase of intangible assets 15,226   15,226  
Fire Safety | Product        
Segment Reporting Information [Line Items]        
Net sales 88,543 65,998 122,575 89,990
Fire Safety | Services and others        
Segment Reporting Information [Line Items]        
Net sales 31,741 32,540 34,872 33,703
Specialty Products        
Segment Reporting Information [Line Items]        
Net sales 42,355 28,738 77,222 62,627
Adjusted cost of goods sold 24,367 16,672 46,987 35,447
Adjusted selling, general and administrative expense 4,309 2,797 8,558 5,534
Segment Adjusted EBITDA 13,679 9,269 21,677 21,646
Depreciation and amortization 4,304 3,561 8,432 7,083
Purchases of property and equipment 2,355 1,958 3,906 2,718
Purchase of intangible assets 0   0  
Specialty Products | Product        
Segment Reporting Information [Line Items]        
Net sales 42,230 28,738 76,914 62,627
Specialty Products | Services and others        
Segment Reporting Information [Line Items]        
Net sales $ 125 $ 0 $ 308 $ 0