v3.26.1
Inventories
6 Months Ended
Jun. 30, 2026
Inventory Disclosure [Abstract]  
Inventories

Note 7 – Inventories

 

Inventories, net of reserve for excess and obsolete items, consist of the following:

 

 

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Raw materials

 

$

29,523

 

 

$

53,282

 

Work in process

 

 

15,198

 

 

 

4,617

 

Finished railcars

 

 

2,843

 

 

 

80

 

Parts inventory

 

 

10,267

 

 

 

10,316

 

Total inventories, net

 

$

57,831

 

 

$

68,295

 

 

Inventory on the Company’s condensed consolidated balance sheets includes reserves of $818 and $950 relating to excess and slow-moving inventory as of June 30, 2026 and December 31, 2025, respectively.