Summary of Significant Accounting Policies (Tables) - C.C. Carlton Industries, Ltd.

3 Months Ended

Mar. 31, 2026

Summary Of Significant Accounting Policies [Line Items]

Summary of Categories of Assets and Their Useful Lives

Categories of assets and their useful lives are as follows:


Asset Class		Estimated Useful Life
Buildings and improvements		15 - 40 years
Construction equipment		5 - 10 years
Transportation equipment		5 - 7 years
Furniture & fixtures		5 - 7 years
Office equipment		5 - 7 years
Leasehold improvements		Lesser of useful life or lease term

Summary of Property and Equipment

Summary of Property and Equipment is as follows (in thousands):


March 31, 2026
Category		Cost				Accumulated Depreciation				Net Book Value
Land		$	365			$	—			$	365
Construction equipment			34,093				(12,947	)			21,146
Transportation equipment			2,499				(1,447	)			1,052
Furniture & fixtures			29				(29	)			—
Office equipment			255				(231	)			24
Leasehold improvements			1,535				(141	)			1,394
Total		$	38,776			$	(14,795	)		$	23,981


December 31, 2025
Category		Cost				Accumulated Depreciation				Net Book Value
Land		$	365			$	—			$	365
Construction equipment			33,144				(12,002	)			21,142
Transportation equipment			2,330				(1,393	)			937
Furniture & fixtures			29				(29	)			—
Office equipment			255				(228	)			27
Leasehold improvements			1,535				(123	)			1,412
Total		$	37,658			$	(13,775	)		$	23,883