v3.26.1
Segment Information
6 Months Ended
Jun. 30, 2026
Segment Reporting Information [Line Items]  
Segment Information
(5)
Segment Information
In the first quarter of 2026, we had a segment change moving from two operating segments to one operating segment to align with how our chief operating decision maker (the “CODM”) manages the business. Our CODM is our Chief Executive Officer. As a result of this change, we now have one operating segment and one reportable segment.
Our CODM allocates resources and assesses our performance based on consolidated net income, as reported on the condensed consolidated statement of operations, which, as the segment measure of profit or loss that is most consistent with U.S. GAAP, is the required segment measure. Our CODM uses this to make decisions regarding our business, including performance assessments and strategic and operational planning, in compliance with ASC 280,
Segment Reporting
. Consolidated net income was $66,833 and $44,632 for the three months ended June 30, 2026 and 2025, respectively, and $39,419 and $44,130 for the six months ended June 30, 2026 and 2025, respectively. Our CODM is regularly provided with expense categories for the Company’s single operating segment that are the same as the expense captions present in our condensed consolidated statements of operations. The measure of segment assets is reported on the condensed consolidated balance sheets as total consolidated assets.