| Summary of Selected Financial Information |
The following table presents selected financial information related to our single reportable segment for the three and six months ended June 30, 2026 and 2025 (in thousands):
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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2026 |
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2025 |
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2026 |
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2025 |
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Revenues |
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$ |
34,518 |
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$ |
25,691 |
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$ |
68,254 |
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$ |
49,757 |
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Operating expenses: |
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External expenses |
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(15,682 |
) |
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(22,720 |
) |
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(26,521 |
) |
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(41,739 |
) |
Payroll related expenses |
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(4,136 |
) |
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(11,327 |
) |
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(11,032 |
) |
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(23,431 |
) |
Other operating expenses |
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(3,407 |
) |
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(8,355 |
) |
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(4,354 |
) |
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(14,609 |
) |
Operating income (loss) |
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11,293 |
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(16,711 |
) |
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26,347 |
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(30,022 |
) |
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Other income (expense): |
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Interest expense |
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(15,363 |
) |
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(13,343 |
) |
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(30,052 |
) |
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(26,325 |
) |
Interest income |
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|
121 |
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|
54 |
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|
141 |
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|
|
241 |
|
Other income (expense) |
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|
3,382 |
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|
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(12 |
) |
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|
42,203 |
|
|
|
(276 |
) |
Net income (loss) |
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$ |
(567 |
) |
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$ |
(30,012 |
) |
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$ |
38,639 |
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$ |
(56,382 |
) |
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