| Schedule of segment reporting information |
2026 | | | | | | | | | | | | | | | | | | HFS - South | | WHS | | Government | | All Other | | Total | For the Three Months Ended March 31, 2026 | | | | | | | | | | | | | | | | Revenue | | $ | 33,057 | | $ | 23,620 | | $ | 13,443 | | $ | 2,661 | (a) | $ | 72,781 | Less: Adjusted Cost of Sales (b) | | | | | | | | | | | | | | | | Labor costs | | $ | 9,953 | | $ | 2,413 | | $ | 2,695 | | $ | 1,135 | | $ | 16,196 | Outside services | | | 83 | | | 45 | | | 1 | | | — | | | 129 | Community operating costs | | | 12,845 | | | 3,410 | | | 5,181 | | | 1,570 | | | 23,006 | Costs of construction | | | 7 | | | 6,504 | | | — | | | — | | | 6,511 | Repairs and maintenance | | | 1,212 | | | 410 | | | 548 | | | 85 | | | 2,255 | Other costs | | | 554 | | | 1,573 | | | 63 | | | 36 | | | 2,226 | Adjusted gross profit | | $ | 8,403 | | $ | 9,265 | | $ | 4,955 | | $ | (165) | | $ | 22,458 | Depreciation of specialty rental assets | | $ | 4,276 | | $ | 4,036 | | $ | 6,395 | | $ | 868 | | $ | 15,575 | Capital expenditures (c) | | $ | 1,217 | | $ | 43,754 | | $ | 63 | | $ | 20 | | | | Total Assets | | $ | 159,521 | | $ | 142,110 | | $ | 115,103 | | $ | 19,984 | | $ | 436,718 |
2025 | | | | | | | | | | | | | | | | | | HFS - South | | WHS | | Government | | All Other | | Total | For the Three Months Ended March 31, 2025 | | | | | | | | | | | | | | | | Revenue | | $ | 36,068 | | $ | 5,204 | | $ | 25,717 | | $ | 2,908 | (a) | $ | 69,897 | Less: Adjusted Cost of Sales (b) | | | | | | | | | | | | | | | | Labor costs | | $ | 9,779 | | $ | 82 | | $ | 1,438 | | $ | 1,101 | | $ | 12,400 | Outside services | | | 83 | | | 14 | | | 70 | | | — | | | 167 | Community operating costs | | | 13,105 | | | 83 | | | 4,345 | | | 1,512 | | | 19,045 | Costs of construction | | | — | | | 3,744 | | | — | | | — | | | 3,744 | Repairs and maintenance | | | 1,469 | | | 5 | | | 596 | | | 106 | | | 2,176 | Other costs | | | 599 | | | 7 | | | 90 | | | 33 | | | 729 | Adjusted gross profit | | $ | 11,033 | | $ | 1,269 | | $ | 19,178 | | $ | 156 | | $ | 31,636 | Depreciation of specialty rental assets | | $ | 4,493 | | $ | 370 | | $ | 7,931 | | $ | 878 | | $ | 13,672 | Capital expenditures (c) | | $ | 2,653 | | $ | 15,647 | | $ | 2,598 | | $ | 18 | | | | Total Assets (as of December 31, 2025) | | $ | 165,406 | | $ | 63,934 | | $ | 157,460 | | $ | 21,100 | | $ | 407,900 |
| (a) | Revenues from segments below the quantitative thresholds are reported in the “All Other” category previously described. |
| (b) | The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. There are no intersegment expenses. Note that community operating costs consist primarily of catering food purchases, lodge supplies, apparel and uniform expenses, linen expenses, operating lease expense for land, facilities, and equipment to service certain communities, property taxes, and utility costs. Other costs includes transportation and travel expenses, including the cost of relocating community assets. |
| (c) | The primary difference between capital expenditures allocated to segments included in the tables above and total capital expenditures for the Company is the amount of expenditures incurred for corporate unallocated amounts, which is not included in the segment information. Such unallocated corporate capital expenditure amounts for the three months ended March 31, 2026 and 2025 were approximately $0.4 million and approximately $0.2 million, respectively. |
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| Schedule of reconciliation of total segment adjusted gross profit |
| | | | | | | | | For the Three Months Ended | | | March 31, 2026 | | March 31, 2025 | | | | | | | | Total reportable segment adjusted gross profit | | $ | 22,623 | | $ | 31,480 | Other adjusted gross profit | | | (165) | | | 156 | Depreciation and amortization | | | (19,596) | | | (17,645) | Selling, general, and administrative expenses | | | (14,557) | | | (14,805) | Other expense, net | | | (2,628) | | | (262) | Loss on extinguishment of debt | | | — | | | (2,370) | Interest expense, net | | | (892) | | | (4,329) | Consolidated loss before income taxes | | $ | (15,215) | | $ | (7,775) |
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| Schedule of unallocated assets consist of the following as reported in the consolidated balance sheets |
| | | | | | | | | March 31, 2026 | | December 31, 2025 | Total current assets | | $ | 58,606 | | $ | 73,338 | Other intangible assets, net | | | 35,969 | | | 39,332 | Operating lease right-of-use assets, net | | | 5,204 | | | 6,544 | Deferred financing costs revolver, net | | | 1,581 | | | 1,793 | Other non-current assets (e) | | | 25 | | | — | Total other unallocated amounts of assets | | $ | 101,385 | | $ | 121,007 |
| (e) | Other non-current assets in the table above excludes allocated deposits for specialty rental assets of approximately $6.9 million and $0 as of March 31, 2026 and December 31, 2025, respectively, all of which is allocated to the WHS segment as a component of WHS Total Assets and is included in the Total reportable segment assets above. Refer to Note 6 for discussion of deposits for specialty rental assets. |
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