Note 9 - Related Party Transactions |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Notes to Financial Statements | |
| Related Party Transactions Disclosure [Text Block] |
9. RELATED PARTY TRANSACTIONS
Casey Crenshaw (our Executive Chairman of the Board and interim President and Chief Executive Officer) is the beneficial owner of 50% of The Modern Group and is deemed to jointly control The Modern Group with family members. From time to time, the Company purchases supplies and services from subsidiaries of The Modern Group.
For the three months ended June 30, 2026 and 2025, the Company had purchases of $0.0 and $0.1 million with The Modern Group, respectively. For the six months ended June 30, 2026 and 2025, the Company had purchases of $1 thousand and $0.1 million, respectively. The Company had no sales to The Modern Group during the three and six months ended June 30, 2026 and 2025. As of June 30, 2026 and December 31, 2025, the Company had no accounts receivable due from The Modern Group and no accounts payable due to The Modern Group.
Chart Energy and Chemicals, Inc. ("Chart E&C") beneficially owns 7.9% of our outstanding common stock at June 30, 2026. For the three months ended June 30, 2026 and 2025, the Company had total purchases from Chart E&C of $2.0 million and $13 thousand, respectively. For the six months ended June 30, 2026 and 2025, the Company had purchases of $2.0 million and $0.1 million, respectively. The Company had no sales to Chart E&C during the three and six months ended June 30, 2026 and 2025. The Company had no accounts receivable due from Chart E&C at June 30, 2026 and December 31, 2025. The Company had accounts payable due to Chart E&C at June 30, 2026 of $1.0 million and an immaterial amount of accounts payable due to Chart E&C at December 31, 2025. |