v3.26.1
OPERATING SEGMENTS - Income statement by operating segment (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating revenues            
Operating revenues $ 17,912   $ 9,851   $ 54,611 $ 25,929
Operating costs:            
Operating expenses 15,304   8,717   38,925 20,496
General and administrative 3,652   2,331   6,593 4,325
Depreciation and amortization 1,985   1,174   3,982 2,445
Total operating costs 20,941   12,222   49,500 27,266
(Loss) income from operations (3,029)   (2,371)   5,111 (1,337)
Other income (expense):            
Interest income 32   35   41 39
Interest expense, including related party (426)   (58)   (927) (134)
Other income (expense), net (2)   38   21 71
(Loss) income before income tax (3,425)   (2,356)   4,246 (1,361)
Income tax (expense) benefit (15)   7   (25) 4
Net (loss) income (3,440) $ 7,661 (2,349) $ 992 4,221 (1,357)
Other comprehensive income (loss):            
Net unrealized income (loss) on foreign currency translation 85   477   (101) 447
Comprehensive (loss) income (3,355)   (1,872)   4,120 (910)
Adjusted EBITDA 643   (1,159)   11,498 1,179
Fee revenue            
Operating revenues            
Operating revenues 14,006   8,735   46,514 23,994
Operating costs:            
Operating expenses 11,398   7,601   30,828 18,561
Reimbursable revenue            
Operating revenues            
Operating revenues 3,906   1,116   8,097 1,935
Operating costs:            
Operating expenses 3,906   1,116   8,097 1,935
USA Operations            
Operating revenues            
Operating revenues 17,078   9,520   41,951 12,816
Operating costs:            
Operating expenses 13,681   7,858   31,571 13,043
General and administrative 3,324   1,998   5,800 3,553
Depreciation and amortization 1,755   981   3,521 2,058
Total operating costs 18,760   10,837   40,892 18,654
(Loss) income from operations (1,682)   (1,317)   1,059 (5,838)
Other income (expense):            
Interest income 26   26   32 26
Interest expense, including related party (407)   (46)   (891) (109)
Other income (expense), net 44   33   67 74
(Loss) income before income tax (2,019)   (1,304)   267 (5,847)
Income tax (expense) benefit (15)   7   (25) 4
Net (loss) income (2,034)   (1,297)   242 (5,843)
Other comprehensive income (loss):            
Comprehensive (loss) income (2,034)       242  
Adjusted EBITDA 1,806   (303)   7,031 (3,706)
USA Operations | Fee revenue            
Operating revenues            
Operating revenues 13,176   8,404   34,041 11,130
Operating costs:            
Operating expenses 9,779   6,742   23,661 11,357
USA Operations | Reimbursable revenue            
Operating revenues            
Operating revenues 3,902   1,116   7,910 1,686
Operating costs:            
Operating expenses 3,902   1,116   7,910 1,686
Canada Operations            
Operating revenues            
Operating revenues 834   331   12,660 13,113
Operating costs:            
Operating expenses 1,623   859   7,354 7,453
General and administrative 328   333   793 772
Depreciation and amortization 230   193   461 387
Total operating costs 2,181   1,385   8,608 8,612
(Loss) income from operations (1,347)   (1,054)   4,052 4,501
Other income (expense):            
Interest income 6   9   9 13
Interest expense, including related party (19)   (12)   (36) (25)
Other income (expense), net (46)   5   (46) (3)
(Loss) income before income tax (1,406)   (1,052)   3,979 4,486
Net (loss) income (1,406)   (1,052)   3,979 4,486
Other comprehensive income (loss):            
Net unrealized income (loss) on foreign currency translation 85       (101)  
Comprehensive (loss) income (1,321)       3,878  
Adjusted EBITDA (1,163)   (856)   4,467 4,885
Canada Operations | Fee revenue            
Operating revenues            
Operating revenues 830   331   12,473 12,864
Operating costs:            
Operating expenses 1,619   $ 859   7,167 7,204
Canada Operations | Reimbursable revenue            
Operating revenues            
Operating revenues 4       187 249
Operating costs:            
Operating expenses $ 4       $ 187 $ 249