Reportable Segments (Tables)

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables set forth certain financial information with respect to the Company’s reportable segments (in thousands):


Three Months Ended March 31, 2026			Rentals			Infrastructure			Sand			Accommodations			Drilling			Total
Revenue from external and related party customers			$	12,935		$	269		$	3,864		$	3,541		$	1,421		$	22,030
Intersegment revenue			32			—			—			—			—			32
			12,967			269			3,864			3,541			1,421			22,062
Reconciliation of Revenue
Other(b)																		48
Eliminations(a)																		(80)
Total consolidated revenue																		$	22,030

Less segment expenses:


Cost of revenue, exclusive of depreciation, depletion, amortization and accretion, inclusive of related parties			8,060			511			4,455			2,138			1,192
Selling, general and administrative, exclusive of stock based compensation			1,268			186			853			332			251
Segment Adjusted EBITDA			$	3,639		$	(428)		$	(1,444)		$	1,071		$	(22)		$	2,816

Reconciliation of total segment Adjusted EBITDA
Less:
Other(b)																		$	889
Depreciation, depletion, amortization and accretion																		3,470
Gain on disposal of assets, net																		(674)



Interest income, net																		(514)
Unrealized gain on marketable securities, net																		(7,103)
Other expense, net																		609
Income from continuing operations before income taxes																		$	6,139


Three Months Ended March 31, 2025			Rentals			Infrastructure			Sand			Accommodations			Drilling			Total
Revenue from external and related party customers			$	1,917		$	712		$	6,739		$	2,081		$	182		$	11,631
Intersegment revenue			10			—			—			—			—			10
			1,927			712			6,739			2,081			182			11,641
Reconciliation of Revenue
Other(b)																		—
Eliminations(a)																		(10)
Total consolidated revenue																		$	11,631

Less segment expenses:


Cost of revenue, exclusive of depreciation, depletion, amortization and accretion, inclusive of related parties			$	1,418		$	874		$	5,476		$	1,432		$	396
Selling, general and administrative, exclusive of stock based compensation			368			122			1,430			389			210
Segment Adjusted EBITDA			$	141		$	(284)		$	(167)		$	260		$	(424)		$	(474)

Reconciliation of total segment Adjusted EBITDA
Less:
Other(b)																		$	1,867
Depreciation, depletion, amortization and accretion																		2,083
Gains on disposal of assets, net																		(3,472)


Stock based compensation																		211
Interest (income) expense and financing charges, net, inclusive of related parties																		(85)
Other expense, net																		333
Loss from continuing operations before income taxes																		$	(1,411)

(a) Includes eliminations for intersegment transactions.
(b) Includes activity related to non-operating legacy services that are no longer active.


			Rentals			Infrastructure			Sand			Accommodations			Drilling			Total
As of March 31, 2026:
Total assets for reportable segments			$	83,649		$	4,593		$	67,776		$	14,132		$	2,722		$	172,872
Other assets(a)																		170,495
Total consolidated assets, excluding discontinued operations																		$	343,367

As of December 31, 2025:
Total assets for reportable segments			$	75,004		$	2,598		$	68,028		$	14,309		$	1,859		$	161,798
Other assets(a)																		167,900
Total consolidated assets, excluding discontinued operations																		$	329,698

(a) Includes assets related to non-operating legacy services that are no longer active as well as corporate related assets, which include cash and cash equivalents, marketable securities, restricted cash and other current assets.