Property and Equipment (Tables)

6 Months Ended

Jun. 30, 2026

Property and equipment amounts as of June 30, 2026 and December 31, 2025 were as follows:


		Successor		Predecessor
	Estimated Useful Lives	June 30, 2026		December 31, 2025
		(in thousands)		(in thousands)
Operating equipment	1 to 12 years	$	104,621	$	321,177
Autos and trucks	1 to 7 years	305		2,904
Furniture, fixtures, and equipment	1 to 12 years	219		2,328
Shop equipment	3 to 15 years	3,279		11,639
Buildings	7 to 39 years	3,022		4,775
Leasehold improvements	3 to 11 years	1,806		4,283
Land	indefinite	2,539		3,219
		115,791		350,325
Less: Accumulated depreciation		(9,219)		(286,059)
Property and equipment, net		$	106,572	$	64,266