DISPOSALS AND DISCONTINUED OPERATIONS |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Discontinued Operations and Disposal Groups [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| DISPOSALS AND DISCONTINUED OPERATIONS | 2. DISPOSALS AND DISCONTINUED OPERATIONS
During the year ended December 31, 2025, the Company sold all of its common stock in Collins Building to its former owner for $1.00. As part of this transaction, all outstanding projects were transferred to the former owner, who assumed responsibility for their completion. This transaction represents a strategic shift away from providing reclamation services to third parties. Going forward, the Company will provide such services only for its own internal needs. Accordingly, revenues and related expenses associated with reclamation services provided to third parties have been classified as discontinued operations in the Consolidated Statement of Operations.
Loss from Discontinued Operations
Discontinued operations for the three and six months ended June 30, 2025 consist of results from Collins Building and third-party reclamation services provided by wholly-owned subsidiaries of the Company.
The following table provides details about the major classes of line items constituting “Loss from discontinued operations” presented in the Company’s Consolidated Statements of Operations:
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