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BUSINESS COMBINATIONS (Tables)
6 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Summary of Preliminary Estimated Fair Value of Consideration Transferred and Fair Values of Assets Acquired and Liabilities Assumed
The following table summarizes the preliminary estimated fair value of consideration transferred and the preliminary estimated fair values of the assets acquired and liabilities assumed at the date of the NV5 Acquisition:
Total
Cash consideration$870,911 
Equity consideration768,304 
Replacement of share-based awards29,744 
Total consideration
$1,668,959 
Recognized amounts of identifiable assets acquired and liabilities assumed:
Cash and cash equivalents$58,958 
Accounts receivables184,894 
Contract assets109,331 
Prepaid expenses and other current assets36,349 
Plant and equipment80,557 
Other assets4,254 
Operating lease right-of-use assets33,464 
Intangible assets720,000 
Accounts payable(40,350)
Accrued expenses and other current liabilities(104,939)
Contract liabilities(59,858)
Other liabilities(10,730)
Deferred tax liabilities
(88,235)
Lease liabilities(39,908)
Total identifiable net assets acquired
$883,787 
Goodwill$785,172 
Summary of Preliminary Fair Value of Identifiable Intangible Assets
The following table summarizes the fair value of the identifiable intangible assets acquired on August 4, 2025:
Total
Customer relationships$590,000 
Customer backlog88,000 
Trade name39,000 
Developed technology3,000 
Total intangible assets
$720,000 
Summary of Pro Forma Consolidated Financial Information
The following pro forma consolidated financial information reflects the results of operations of the Company for the three and six months ended June 30, 2025 as if the NV5 Acquisition and related financing had occurred as of January 1, 2024, after giving effect to certain purchase accounting and financing adjustments. These amounts are based on financial information of the NV5 business and are not necessarily indicative of what the Company’s operating results would have been had the NV5 Acquisition and related financing taken place on January 1, 2024.
June 30, 2025
Three Months EndedSix Months Ended
Net revenue$565,910 $1,034,170 
Net loss$(6,650)$(49,759)