v3.26.1
Inventories, Net
6 Months Ended
Jun. 30, 2026
Inventory Disclosure [Abstract]  
Inventories, Net Inventories, Net
Inventories consisted of the following:
June 30, 2026December 31, 2025
Spare parts$19.4 $19.3 
Plugs8.4 9.0 
Consumables4.6 4.6 
Other3.1 1.9 
   Subtotal35.5 34.8 
Less: Inventory reserve(3.5)(4.1)
   Total inventories, net$32.0 $30.7 

Inventories are made up of spare parts, composite and dissolvable plugs, consumables (including thru-tubing accessory tools, chemicals and cement) and other (including coiled tubing strings and wireline spools) used to perform services for customers. The Company values inventories at the lower of cost or net realizable value. Inventories are reported net of inventory reserve of $3.5 and $4.1 as of June 30, 2026 and December 31, 2025, respectively.