v3.26.1
Segment Information - Reconciliation of Segment Measure to Income (Loss) Before Expense from Income Taxes (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]        
Total Reportable Segments $ 43,862 $ 55,883 $ 73,932 $ 86,155
Corporate and Other (11,982) (16,298) (24,229) (27,540)
Interest expense, net (5,471) (4,768) (10,937) (9,833)
Depreciation and amortization (12,704) (12,763) (25,333) (26,057)
Stock-based compensation (9,618) (10,834) (18,691) (24,557)
Acquisition costs [1] (137) (325) (218) (1,036)
Fair value changes in financial instruments [2] 532 9,256 1,242 8,040
Fair value changes in business acquisition contingencies (141) (354) 697 (831)
Rebranding expenses 1,422 0 2,523 0
Other losses or expenses [3] (1,207) (453) (2,615) (1,485)
Income (loss) before expense from income taxes $ 1,712 $ 19,344 $ (8,675) $ 2,856
[1] Includes financial and tax diligence, consulting, legal, valuation, accounting, travel and acquisition-related incentives related to the Company's acquisition and integration activity.
[2] The three and six months ended June 30, 2026 consist primarily of the change in fair value of the interest rate swap instruments. The three and six months ended June 30, 2025 consist primarily of the change in fair value of the interest rate swap instruments and the embedded derivative attached to the Series A-2 preferred stock.
[3] The three and six months ended June 30, 2026 consist primarily of severance costs related to organizational restructuring of business lines within the Company's former Assessment, Permitting and Response and Remediation and Reuse segments and IT migration costs. The three and six months ended June 30, 2025 consist primarily of non-recurring costs incurred to restructure the Company's renewable energy business, third party expenses associated with the independent review and analysis of assertions in a short seller report regarding the Company, and costs to centralize certain back-office functions.