v3.26.1
SEGMENT INFORMATION - Summary of Financial Information by Segment (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]        
Revenue, net $ 38,072 $ 39,421 $ 76,031 $ 82,301
Selling, general, and administrative expense 19,896 21,023 40,122 42,633
Depreciation and amortization 6,916 6,830 13,843 13,552
Goodwill impairment     0 1,901
Other expenses 121 103 231 201
Income (loss) before income tax expense (1,868) (1,661) (3,963) (3,489)
Tool Rental        
Segment Reporting [Line Items]        
Revenue, net 29,572 32,756 58,482 67,289
Total Cost of Sales 7,655 7,402 15,405 15,090
Product Sale        
Segment Reporting [Line Items]        
Revenue, net 8,500 6,665 17,549 15,012
Total Cost of Sales 3,258 2,494 6,620 6,051
Operating Segments        
Segment Reporting [Line Items]        
Revenue, net 40,291 43,672 80,403 89,920
Total Cost of Sales 13,131 14,147 26,398 28,760
Total consolidated cost of revenue 10,913 9,896 22,025 21,141
Selling, general, and administrative expense 16,465 17,375 33,352 35,621
Segment EBITDA 10,695 12,150 20,654 25,539
Corporate expenses 2,336 2,819 4,769 5,453
Depreciation and amortization 6,916 6,830 13,843 13,552
Stock Option Expense 908 642 1,627 1,183
Management fees 188 188 375 375
Transaction expenses 832 215 1,234 947
Goodwill impairment       1,901
Other expenses 1,383 3,118 2,770 5,616
Income (loss) before income tax expense (1,868) (1,661) (3,963) (3,489)
Operating Segments | Western Hemisphere        
Segment Reporting [Line Items]        
Revenue, net 33,013 37,585 66,410 78,781
Total Cost of Sales 9,759 11,441 19,721 23,581
Selling, general, and administrative expense 13,339 14,039 26,701 29,518
Segment EBITDA 9,915 12,105 19,987 25,682
Operating Segments | Eastern Hemisphere        
Segment Reporting [Line Items]        
Revenue, net 7,278 6,087 13,993 11,139
Total Cost of Sales 3,373 2,706 6,677 5,179
Selling, general, and administrative expense 3,126 3,336 6,650 6,103
Segment EBITDA 780 45 666 143
Operating Segments | Tool Rental        
Segment Reporting [Line Items]        
Revenue, net 31,199 35,127 61,760 72,314
Total Cost of Sales 9,262 9,775 18,699 20,116
Operating Segments | Tool Rental | Western Hemisphere        
Segment Reporting [Line Items]        
Revenue, net 25,529 29,794 51,233 62,456
Total Cost of Sales 6,907 7,520 14,187 15,910
Operating Segments | Tool Rental | Eastern Hemisphere        
Segment Reporting [Line Items]        
Revenue, net 5,670 5,333 10,526 9,858
Total Cost of Sales 2,355 2,255 4,512 4,206
Operating Segments | Product Sale        
Segment Reporting [Line Items]        
Revenue, net 9,092 8,545 18,644 17,606
Total Cost of Sales 3,870 4,372 7,700 8,644
Operating Segments | Product Sale | Western Hemisphere        
Segment Reporting [Line Items]        
Revenue, net 7,484 7,791 15,177 16,325
Total Cost of Sales 2,852 3,921 5,534 7,671
Operating Segments | Product Sale | Eastern Hemisphere        
Segment Reporting [Line Items]        
Revenue, net 1,608 754 3,467 1,281
Total Cost of Sales 1,018 451 2,165 973
Intersegment Elimination        
Segment Reporting [Line Items]        
Revenue, net (2,219) (4,251) (4,373) (7,619)
Total consolidated cost of revenue $ (2,219) $ (4,251) $ (4,373) $ (7,619)