| Revenues |
Revenues Disaggregation of Revenues The following table shows revenue disaggregated by product line: | | | | | | | | | | | | | | | | | | | | | | Successor | | | Predecessor | | Period from March 6, 2026 through March 31, 2026 | | | Period from January 1, 2026 through March 5, 2026 | | Three Months Ended March 31, 2025 | | (in thousands) | | | (in thousands) | | Cement | $ | 17,553 | | | | $ | 35,870 | | | $ | 57,168 | | | Coiled tubing | 8,112 | | | | 18,779 | | | 29,856 | | | Wireline | 7,474 | | | | 16,464 | | | 29,603 | | | Service revenues | $ | 33,139 | | | | $ | 71,113 | | | $ | 116,627 | | | | | | | | | | Tools | $ | 8,464 | | | | $ | 17,279 | | | $ | 33,839 | | | Product revenues | $ | 8,464 | | | | $ | 17,279 | | | $ | 33,839 | | | | | | | | | | Total revenues | $ | 41,603 | | | | $ | 88,392 | | | $ | 150,466 | |
The Company recognizes revenues from the sales of products at a point in time and revenues from the sales of services over time. Accounts Receivable, Net Accounts receivable, net as of March 31, 2026 and December 31, 2025 are detailed below: | | | | | | | | | | | | | | | | Successor | | | Predecessor | | March 31, 2026 | | | December 31, 2025 | | (in thousands) | | | (in thousands) | | Accounts receivable | $ | 88,270 | | | | $ | 76,703 | | | Allowance for doubtful accounts | — | | | | (724) | | | Accounts receivable, net | $ | 88,270 | | | | $ | 75,979 | |
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