Commitments and Contingencies |
12 Months Ended |
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Dec. 31, 2025 | |
| Commitments and Contingencies. | |
| Commitments and Contingencies | 11. Commitments and Contingencies The Company is involved in various lawsuits or claims in the ordinary course of business. Management is of the opinion that there is no pending claim or lawsuit which, if adversely determined, would have a material impact on the financial condition of the Company. Refer to Note 12 for disclosure regarding future minimum lease payments over the next five years at December 31, 2025, by year and in the aggregate, under non-cancelable operating leases. In December 2025, to support growth in the Company’s WHS segment, the Company entered into a non-cancelable contract to purchase certain modular units totaling $13.8 million. Under the terms of the agreement, the Company paid a 40% non-refundable deposit of approximately $5.5 million prior to December 31, 2025. The Company is obligated to make additional payments of approximately $8.3 million during the three months ended March 31, 2026, upon which delivery will occur and title to the equipment will transfer. These remaining payments aggregating approximately $8.3 million represent a purchase commitment and will be recognized when the equipment is delivered in 2026.
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