ASSET RETIREMENT OBLIGATIONS

3 Months Ended

Mar. 31, 2026

Asset Retirement Obligation Disclosure [Abstract]

NOTE 4 – ASSET RETIREMENT OBLIGATIONS

The following table summarizes the changes in the Company’s Asset Retirement Obligations (“ARO”), which are included in Other long-term liabilities on the Condensed Consolidated Balance Sheets, for the periods indicated:


(Dollars in thousands)	As of March 31,		As of December 31,
	2026		2025
Beginning balance	$	1,193	$	299
Liabilities incurred during the period	89		843
Accretion expense	32		51
Ending balance	$	1,314	$	1,193