measurement period adjustments recorded through June 30, 2026. Any excess of the purchase price over the fair value of the identifiable net assets acquired was recorded as goodwill.


(in thousands)	Purchase Price Allocation		Cumulative Measurement Period Adjustments Through June 30, 2026(1)		Adjusted Purchase Price Allocation
Consideration:
Cash	$	66,612	$	—	$	66,612

Total Consideration	66,612		—		66,612

Fair value of assets acquired:
Cash and cash equivalents	961		—		961
Accounts receivable	18,416		—		18,416
Contract assets	4,176		920		5,096
Other current assets	58		—		58
Property and equipment	6,291		—		6,291

Intangible assets	16,200		—		16,200
Amount attributable to assets acquired	46,102		920		47,022

Fair value of liabilities assumed:
Accounts payable, including retainage	8,071		38		8,109

Accrued expenses and other current liabilities	1,527		(150)		1,377
Contract liabilities	6,506		3,931		10,437

Amount attributable to liabilities assumed	16,104		3,819		19,923
Goodwill	$	36,614	$	2,899	$	39,513

(1) The cumulative measurement period adjustments primarily related to refinements of acquired working capital balances, including accounts payable, accrued expenses and other current liabilities, and contract assets and contract liabilities, based on additional information regarding facts and circumstances that existed as of the acquisition date. The net effect of these adjustments was recorded as a corresponding adjustment to goodwill. Certain contract liability adjustments may be subject to recovery. As of June 30, 2026, no receivable has been recognized in connection with such potential recoveries. Any future amounts recovered will not result in adjustments to the final purchase price allocation.