Note 20 - Related Party Disclosures |
6 Months Ended | ||
|---|---|---|---|
Jun. 30, 2026 | |||
| Notes to Financial Statements | |||
| Related Party Transactions Disclosure [Text Block] |
Our related parties consist primarily of CETS and PVD-Expro, the two companies in which we exert significant influence. During the three and six months ended June 30, 2026, goods and services provided to related parties was $1.2 million and $1.9 million, respectively, and less than $0.1 million and $0.3 million, respectively, for the three and six months ended June 30, 2025. During the three and six months ended June 30, 2026, material goods and services received from related parties was less than $0.1 million and $0.1 million, respectively, and less than $0.1 million for both the three and six months ended June 30, 2025.
Additionally, we entered into various operating lease agreements to lease facilities with affiliated companies. Rent expense associated with our related party leases was immaterial for three and six months ended June 30, 2026, and less than $0.1 million for both the three and six months ended June 30, 2025.
Further, we received dividends from CETS totaling and $4.7 million during the three and six months ended June 30, 2026 , respectively, and dividends from PVD-Expro totaling $0.5 million for both the three and six months ended June 30, 2025.
As of June 30, 2026 and December 31, 2025 amounts receivable from related parties were $2.5 million and $0.9 million, respectively, and amounts payable to related parties were less than $0.1 million and respectively. |