v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (5,641) $ (2,444)
Adjustments to reconcile net loss to net cash used by operating activities:    
Total depreciation and amortization 1,876 528
Provision for expected credit losses 209 19
Benefit from deferred income taxes (494) (166)
Stock-based compensation 1,191 629
Non-cash interest income (468) 0
Gain on sale-leaseback of real estate (37) 0
Realized gain on sale of investments (496) 0
Unrealized loss on equity securities 376 0
Gross profit from sale of lost-in-hole equipment (364) 0
Changes in operating assets and liabilities, net of effect of dispositions:    
Accounts receivable 262 (2,340)
Inventories 34 0
Prepaid and other assets 1,409 332
Deferred revenue (54) 0
Accounts payable, accrued expenses, and other liabilities (925) 2,779
Net cash used in operating activities (3,122) (663)
Cash flows from investing activities:    
Capital expenditures (2,798) (43)
Proceeds from Sale of Other Real Estate 3,211 0
Proceeds from sale of lost-in-hole equipment 394 0
Proceeds from sale of other property, plant, and equipment 30 0
Purchases of equity securities (1,591) 0
Proceeds from sales of equity securities 1,138 0
Repayment of note receivable 169 0
Net cash provided by (used in) investing activities 553 (43)
Cash flows from financing activities:    
Proceeds from borrowings 22,999 0
Repayment of debt (23,529) 0
Net borrowings under invoice finance credit facility 44 0
Preferred stock dividends paid (1,195) 0
Proceeds from issuance of preferred stock 790 0
Purchase of treasury stock (including payment of tax withholdings) (869) 0
Cash paid for net settlement of employee restricted stock units (22) (31)
Net cash used in financing activities (1,782) (31)
Effect of exchange rates on cash, cash equivalents, and restricted cash (134) 593
Net decrease in cash, cash equivalents, and restricted cash (4,485) (144)
Cash, cash equivalents, and restricted cash, beginning of the period 13,410 17,667
Cash, cash equivalents, and restricted cash, end of the period 8,925 17,523
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest 519 0
Cash received during the period for interest 38 97
Net cash payments during the period for income taxes 581 543
Cash paid for amounts included in operating lease liabilities 1,077 402
Supplemental non-cash disclosures:    
Right-of-use assets obtained in exchange for operating lease liabilities $ 2,494 $ 361