v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Preferred Units
Redeemable Series A Convertible Preferred Stock
Preferred Units
Series B Convertible Preferred Stock
Common Stock
Additional Paid-in Capital
Redeemable Series A Convertible Preferred Stock
Additional Paid-in Capital
Series B Convertible Preferred Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Redeemable Series A Convertible Preferred Stock
Series B Convertible Preferred Stock
Total
Preferred stock, beginning balance at Dec. 31, 2024 $ 14,947                    
Preferred stock, beginning balance (in shares) at Dec. 31, 2024 1,555,000 150,000                  
Beginning balance at Dec. 31, 2024   $ 1,500       $ 22,984 $ (23,253)       $ 16,178
Beginning balance (in shares) at Dec. 31, 2024     16,603,000                
Shares issuance $ 174                   174
Shares issuance (in shares) 17,000                    
Dividends - Preferred stock       $ (351) $ (27)       $ (351) $ (27)  
Net income (loss)             1,033       1,033
Preferred stock, ending balance at Mar. 31, 2025 $ 15,121                    
Preferred stock ending balance (in shares) at Mar. 31, 2025 1,572,000 150,000                  
Ending balance at Mar. 31, 2025   $ 1,500       22,606 (22,220)       17,007
Ending balance (in shares) at Mar. 31, 2025     16,603,000                
Preferred stock, beginning balance at Dec. 31, 2024 $ 14,947                    
Preferred stock, beginning balance (in shares) at Dec. 31, 2024 1,555,000 150,000                  
Beginning balance at Dec. 31, 2024   $ 1,500       22,984 (23,253)       16,178
Beginning balance (in shares) at Dec. 31, 2024     16,603,000                
Change in value of interest rate swap                     (152)
Net income (loss)                     378
Preferred stock, ending balance at Jun. 30, 2025 $ 15,300                    
Preferred stock ending balance (in shares) at Jun. 30, 2025 1,590,000 150,000                  
Ending balance at Jun. 30, 2025   $ 1,500       22,613 (22,874) $ (152)     16,387
Ending balance (in shares) at Jun. 30, 2025     16,711,000                
Preferred stock, beginning balance at Mar. 31, 2025 $ 15,121                    
Preferred stock, beginning balance (in shares) at Mar. 31, 2025 1,572,000 150,000                  
Beginning balance at Mar. 31, 2025   $ 1,500       22,606 (22,220)       17,007
Beginning balance (in shares) at Mar. 31, 2025     16,603,000                
Shares issuance $ 179                   179
Shares issuance (in shares) 18,000                    
Dividends - Preferred stock       (358) (27)       (358) (27)  
Share based compensation           392         392
Share based compensation (in shares)     108,000                
Change in value of interest rate swap               (152)     (152)
Net income (loss)             (654)       (654)
Preferred stock, ending balance at Jun. 30, 2025 $ 15,300                    
Preferred stock ending balance (in shares) at Jun. 30, 2025 1,590,000 150,000                  
Ending balance at Jun. 30, 2025   $ 1,500       22,613 (22,874) (152)     16,387
Ending balance (in shares) at Jun. 30, 2025     16,711,000                
Preferred stock, beginning balance at Dec. 31, 2025 $ 15,668               $ 15,668    
Preferred stock, beginning balance (in shares) at Dec. 31, 2025 1,626,000 150,000             1,626,000    
Beginning balance at Dec. 31, 2025   $ 1,500       23,709 (22,496) (114)     18,267
Beginning balance (in shares) at Dec. 31, 2025     16,716,000                
Shares issuance $ 183                   183
Shares issuance (in shares) 18,000                    
Dividends - Preferred stock       (366) (26)       $ (366) (26)  
Share based compensation           384         384
Share based compensation (in shares)     95,000                
Change in value of interest rate swap               76     76
Net income (loss)             1,901       1,901
Preferred stock, ending balance at Mar. 31, 2026 $ 15,851                    
Preferred stock ending balance (in shares) at Mar. 31, 2026 1,644,000 150,000                  
Ending balance at Mar. 31, 2026   $ 1,500       23,701 (20,595) (38)     20,419
Ending balance (in shares) at Mar. 31, 2026     16,811,000                
Preferred stock, beginning balance at Dec. 31, 2025 $ 15,668               $ 15,668    
Preferred stock, beginning balance (in shares) at Dec. 31, 2025 1,626,000 150,000             1,626,000    
Beginning balance at Dec. 31, 2025   $ 1,500       23,709 (22,496) (114)     18,267
Beginning balance (in shares) at Dec. 31, 2025     16,716,000                
Change in value of interest rate swap                     151
Net income (loss)                     2,238
Preferred stock, ending balance at Jun. 30, 2026 $ 16,038               $ 16,038    
Preferred stock ending balance (in shares) at Jun. 30, 2026 1,662,000 150,000             1,662,000    
Ending balance at Jun. 30, 2026   $ 1,500       23,465 (20,258) 37     20,782
Ending balance (in shares) at Jun. 30, 2026     17,061,000                
Preferred stock, beginning balance at Mar. 31, 2026 $ 15,851                    
Preferred stock, beginning balance (in shares) at Mar. 31, 2026 1,644,000 150,000                  
Beginning balance at Mar. 31, 2026   $ 1,500       23,701 (20,595) (38)     20,419
Beginning balance (in shares) at Mar. 31, 2026     16,811,000                
Shares issuance $ 187               $ 187    
Shares issuance (in shares) 18,000                    
Dividends - Preferred stock       $ (374) $ (26)       (374) $ (26)  
Share based compensation           164         164
Vesting of restricted stock units (in shares)     250,000                
Change in value of interest rate swap               75     75
Net income (loss)             337       337
Preferred stock, ending balance at Jun. 30, 2026 $ 16,038               $ 16,038    
Preferred stock ending balance (in shares) at Jun. 30, 2026 1,662,000 150,000             1,662,000    
Ending balance at Jun. 30, 2026   $ 1,500       $ 23,465 $ (20,258) $ 37     $ 20,782
Ending balance (in shares) at Jun. 30, 2026     17,061,000