v3.25.2
Business Combination - Schedule of Estimated Fair Values of Assets Acquired, and Liabilities Assumed in Connection with Acquisition (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
May 28, 2025
Apr. 02, 2025
Dec. 31, 2024
Feb. 16, 2024
Dec. 31, 2023
Assets Acquired            
Goodwill $ 301,840     $ 225,146   $ 217,274
Rapid Machining Solutions            
Assets Acquired            
Cash and cash equivalents         $ 44  
Accounts receivable, net         2,312  
Inventory         828  
Prepaid and other current assets         5  
Property plant and equipment         2,987  
Right of use lease assets         348  
Total assets acquired         24,824  
Accounts payable         857  
Accrued liabilities         157  
Lease liabilities, current         12  
Lease liabilities, non-current         336  
Total liabilities assumed         1,362  
Goodwill         7,872  
Fair Value of Consideration         31,334  
Rapid Machining Solutions | Customer Relationships            
Assets Acquired            
Intangible assets, net         13,000  
Rapid Machining Solutions | Customer Backlogs            
Assets Acquired            
Intangible assets, net         $ 5,300  
Metal Technology Inc            
Assets Acquired            
Cash and cash equivalents     $ 2,230      
Accounts receivable, net     2,734      
Inventory     3,258      
Prepaid and other current assets     173      
Property plant and equipment     10,672      
Intangible assets, net     30,700      
Right of use lease assets     715      
Total assets acquired     50,482      
Accounts payable     374      
Accrued payroll and related expenses     10,815      
Lease liabilities, current     113      
Lease liabilities, non-current     602      
Other current liabilities     461      
Total liabilities assumed     12,365      
Goodwill     44,196      
Fair Value of Consideration     $ 82,313      
Industrial Solid Propulsion            
Assets Acquired            
Cash and cash equivalents   $ 2,791        
Accounts receivable, net   883        
Inventory   1,202        
Prepaid and other current assets   39        
Property plant and equipment   4,239        
Intangible assets, net   21,400        
Total assets acquired   30,554        
Accounts payable   279        
Accrued payroll and related expenses   2,122        
Contract liabilities   95        
Long-term notes payable, net of current portion and net of debt issuance costs   1,919        
Total liabilities assumed   4,415        
Goodwill   32,498        
Fair Value of Consideration   $ 58,637