v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net loss $ (12,962) $ (6,459)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 16,233 14,282
Amortization of intangible assets 3,363 3,363
Noncash operating lease expense 2,149 2,042
Accretion of asset retirement obligation 35 32
Amortization of deferred financing costs 212 273
Amortization of original issue discount   440
Loss on extinguishment of debt   2,370
Stock-based compensation expense 1,658 1,716
Loss (gain) on disposal of specialty rental assets and other property, plant and equipment (7) 27
Deferred income taxes (2,256) (1,529)
Provision for credit losses on receivables, net of recoveries 80 17
Changes in operating assets and liabilities    
Accounts receivable 10,508 (7,630)
Prepaid expenses and other assets 1,277 1,154
Accounts payable and other accrued liabilities (22,085) (4,743)
Deferred revenue and customer deposits 11,180 311
Operating lease obligation (2,301) (1,718)
Other non-current assets and liabilities (44) (9)
Net cash provided by operating activities 7,040 3,939
Cash flows from investing activities:    
Purchase of specialty rental assets (32,594) (16,590)
Other investing activities (6,860)  
Purchase of property, plant, and equipment (176) (615)
Proceeds from the sale of property, plant and equipment 275  
Net cash used in investing activities (39,355) (17,205)
Cash flows from financing activities:    
Principal payments on finance and finance lease obligations (511) (509)
Principal payments on borrowings from ABL Facility (18,600) (34,100)
Repayment of 2025 Senior Secured Notes   (181,446)
Proceeds from borrowings on ABL Facility 48,600 75,000
Distributions paid to noncontrolling interest (57) (68)
Payment of debt extinguishment premium costs   (1,814)
Net cash provided by (used in) financing activities 29,432 (142,937)
Effect of exchange rate changes on cash and cash equivalents (4) 3
Net decrease in cash and cash equivalents (2,887) (156,200)
Cash and cash equivalents - beginning of period 8,348 190,668
Cash and cash equivalents - end of period 5,461 34,468
Supplemental Cash Flow Information:    
Decrease in accrued distributions to noncontrolling interest   10
Non-cash investing and financing activity:    
Non-cash change in accrued capital expenditures (5,531) (2,385)
Non-cash change in finance lease obligations (300) (1,571)
Non-cash change in accrual of tax withholdings for net share settlement of equity awards (1,046) $ (973)
Non-cash change in accrued distributions to noncontrolling interest $ (5)