v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (21,943) $ (21,377)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 34,403 28,580
Amortization of intangible assets 6,731 6,731
Noncash operating lease expense 4,325 4,492
Accretion of asset retirement obligation 70 65
Amortization of deferred financing costs 426 424
Amortization of original issue discount   440
Loss on extinguishment of debt   2,370
Stock-based compensation expense 3,974 3,806
Loss (gain) on disposal of specialty rental assets and other property, plant and equipment (220) 27
Deferred income taxes (2,178) (4,844)
Provision for credit losses on receivables, net of recoveries 214 37
Changes in operating assets and liabilities    
Accounts receivable 5,488 (8,200)
Prepaid expenses and other assets 1,415 2,957
Accounts payable and other accrued liabilities (19,579) (4,095)
Deferred revenue and customer deposits 102,889 7,809
Operating lease obligation (4,596) (4,201)
Other non-current assets and liabilities (399) (20)
Net cash provided by operating activities 111,020 15,001
Cash flows from investing activities:    
Purchase of specialty rental assets (111,785) (24,261)
Other investing activities (34,093)  
Purchase of property, plant, and equipment (5,624) (650)
Proceeds from the sale of specialty rental assets and other property, plant and equipment 606  
Net cash used in investing activities (150,896) (24,911)
Cash flows from financing activities:    
Principal payments on finance and finance lease obligations (1,200) (1,184)
Principal payments on borrowings from ABL Facility (81,300) (51,000)
Repayment of 2025 Senior Secured Notes   (181,446)
Proceeds from borrowings on ABL Facility 121,300 75,000
Distributions paid to noncontrolling interest (120) (126)
Proceeds from issuance of Common Stock from exercise of options 207  
Payment of deferred financing costs (231)  
Payment of debt extinguishment premium costs   (1,814)
Taxes paid related to net share settlement of equity awards (1,046) (973)
Net cash provided by (used in) financing activities 37,610 (161,543)
Effect of exchange rate changes on cash and cash equivalents (14) 22
Net decrease in cash and cash equivalents (2,280) (171,431)
Cash and cash equivalents - beginning of period 8,348 190,668
Cash and cash equivalents - end of period 6,068 19,237
Supplemental Cash Flow Information:    
Decrease in accrued distributions to noncontrolling interest   11
Decrease in accrued capital expenditures   461
Decrease in accrued proceeds from the sale of specialty rental assets 118  
Non-cash investing and financing activity:    
Non-cash change in accrued capital expenditures (23,759)  
Non-cash change in accrued deferred financing costs (529)  
Non-cash change in finance lease terminations   110
Non-cash change in finance lease obligations (2,093) (2,738)
Non-cash change in accrual of tax withholdings for net share settlement of equity awards (115) $ (1,263)
Non-cash change in accrued distributions to noncontrolling interest $ (16)