Segment reporting for single reportable segment (Tables)

3 Months Ended

Mar. 31, 2026

The following table presents the components of net income or loss, which is the measure of profit or loss used for the Company’s single reportable segment:


	Three months ended
	March 31, 2026		February 23, 2025
Revenues	$	23,193	$	35,154
Personnel costs(1)	11,895		12,400
Materials and non-depreciation overhead(2)	8,856		15,426
Depreciation	2,310		2,076
Stock-based compensation	1,698		2,552
Reorganization costs	1,543		2,246
Loss on sale or disposal of assets	—		7,638
All other operating expenses(3)	1,563		1,845
Interest expense, net	7,220		5,481
Change in fair value of debt derivative liability	3,155		600
Other income, net	(110)		(333)
Income tax expense (benefit)	43		(8)

Net loss	$	(14,980)	$	(14,769)

(1)Includes all wages and salary, bonus, employer taxes, and employee benefit plan expenses

(2)Represents cost of sales, excluding direct labor and all personnel cost and depreciation allocations

(3)Includes expenses for accounting, legal and other professional services, software licensing, insurance costs, public company costs and board fees.