| Schedule of Segment Reporting |
The accounting policies of the SME reportable segment are the same as those described in Note 2 of the audited consolidated financial statements of the Company for the fiscal year ended December 31, 2025 in the Proxy Statement/Prospectus. | | | | | | | | | | | | | (dollars in thousands) | For the Three Months Ended
June 30, 2026 | | For the Six Months Ended
June 30, 2026 | | Revenue from External Customers | $ | 148,660 | | | $ | 269,699 | | | Less: | | | | | Cost of Revenue, Excluding Depreciation | 87,404 | | | 160,594 | | | Selling, General, and Administrative Expense | 41,508 | | | 80,441 | | | Other Non-Operating Income | (316) | | | (529) | | | SME Segment EBITDA | $ | 20,064 | | | $ | 29,193 | | | Less: | | | | | Depreciation | (1,717) | | | (2,861) | | | Amortization | (1,719) | | | (3,423) | | | Stock Compensation Expense | (1,079) | | | (2,016) | | | Loss on Disposition of Assets | (334) | | | (131) | | | Interest Expense, Net | (10,167) | | | (25,531) | | | Change in Fair Value of Earnout Shares and Deferred Founder Shares | 24,884 | | | 24,884 | | | Change in Fair Value of Forward Purchase Agreement Liability | (5,003) | | | (5,003) | | | Loss on the Conversion of SAFE Notes | (2,175) | | | (2,175) | | | Change in Fair Value of Warrant Liability | 380 | | | 421 | | | Change in Fair Value of Contingent Consideration | (889) | | | (886) | | | Other Non-Operating Expense | (213) | | | (130) | | | All Other Operating Segments | (457) | | | (600) | | | Corporate, Other Expenses, and Eliminations | (11,447) | | | (24,032) | | | Income (Loss) Before Income Taxes | $ | 10,127 | | | $ | (12,291) | |
| | | | | | | | | | | | | (dollars in thousands) | For the Three Months Ended
June 30, 2025 | | For the Six Months Ended
June 30, 2025 | | Revenue from External Customers | $ | 123,574 | | | $ | 226,118 | | | Less: | | | | | Cost of Revenue, Excluding Depreciation | 74,460 | | | 137,915 | | | Selling, General, and Administrative Expense | 35,543 | | | 69,601 | | | Other Non-Operating Income | (98) | | | (400) | | | SME Segment EBITDA | $ | 13,669 | | | $ | 19,001 | | | Less: | | | | | Depreciation | (1,403) | | | (2,822) | | | Amortization | (1,469) | | | (2,882) | | | Goodwill Impairment | (3,845) | | | (6,826) | | | Stock Compensation Expense | (964) | | | (1,950) | | | Loss on Disposition of Assets | (415) | | | (850) | | | Interest Expense, Net | (7,785) | | | (15,089) | | | Change in Fair Value of Warrant Liability | 109 | | | 434 | | | Change in Fair Value of Contingent Consideration | (437) | | | (260) | | | Other Non-Operating Income (Expense) | 71 | | | (2,082) | | | All Other Operating Segments | 713 | | | 1,314 | | | Corporate, Other Expenses, and Eliminations | (10,988) | | | (21,941) | | | Loss Before Income Taxes | $ | (12,745) | | | $ | (33,953) | |
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| Schedule of Revenue and Long-Lived Assets |
A summary of the Company’s Revenue and Long-lived assets as of the three and six months ended June 30, 2026 is as follows: | | | | | | | | | | | | | | | | | | | Revenue | | Long-lived
Assets | | For the
Three Months Ended
June 30, 2026 | | For the
Six Months Ended
June 30, 2026 | | June 30, 2026 | | United States | $ | 133,660 | | | $ | 241,734 | | | $ | 110,974 | | | International | 15,001 | | | 27,965 | | | 16,163 | | | Total | $ | 148,660 | | | $ | 269,699 | | | $ | 127,138 | |
A summary of the Company’s Revenue for the three and six months ended June 30, 2025 and Long-lived assets as of year ended December 31, 2025 is as follows: | | | | | | | | | | | | | | | | | | | Revenue | | Long-lived Assets | | For the
Three Months Ended
June 30, 2025 | | For the
Six Months Ended
June 30, 2025 | | December 31, 2025 | | United States | $ | 117,933 | | | $ | 217,484 | | | $ | 107,239 | | | International | 5,641 | | | 8,634 | | | 16,389 | | | Total | $ | 123,574 | | | $ | 226,118 | | | $ | 123,628 | |
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