EQUITY-METHOD INVESTMENT	6 Months Ended
Jun. 30, 2026
Equity Method Investments and Joint Ventures [Abstract]
EQUITY-METHOD INVESTMENT	7. EQUITY-METHOD INVESTMENT On October 29, 2024, in connection with the sale of the Company’s former wholly owned subsidiary, Pioneer Custom Electrical Products Corp. (“PCEP”), to Voltaris Power, LLC (“Voltaris”), the Company retained an indirect equity interest in Voltaris through Rollover Common Units of Pioneer Investment LLC (the “Investment”). The Company accounts for the Investment under the equity method in accordance with ASC 323. The Company reports its share of investee results on a one-quarter lag; accordingly, the Company’s share of investee earnings or losses for the three and six months ended June 30, 2026, reflect investee results for the three and six months ended March 31, 2026, respectively. On February 27, 2026, the Company exercised its preemptive rights and funded $226 in cash to subscribe for its pro-rata share of a new class of senior preferred interests (the “Preferred Interests”) in the Investment. During the three months ended June 30, 2026, the Company exercised its preemptive rights with respect to a second issuance of Preferred Interests and funded an additional $113 in cash. The Preferred Interests have senior distribution priority and a stated return threshold equal to the greater of a 20% Internal Rate of Return (“IRR”) (compounded quarterly) or 2.0x Multiple on Invested Capital (“MOIC”), are non-voting, and are redeemable at the issuer’s option. The Company’s pro-rata common unit ownership was unchanged during the three and six months ended June 30, 2026. The Company’s Preferred Interests subscriptions of $339 have been recorded as additional capital contributions to the Investment. During the three months ended June 30, 2026, the Company recognized a loss from the Investment of $113 and, during the three months ended June 30, 2025, the Company recognized a gain from the Investment of $297, both of which are included in other expense or income in the unaudited condensed consolidated statements of operations. During the six months ended June 30, 2026, the Company recognized a loss from the Investment of $757 and, during the six months ended June 30, 2025, the Company recognized a gain from the Investment of $240, both of which are included in other expense or income in the unaudited condensed consolidated statements of operations. As of June 30, 2026 and December 31, 2025, the carrying value of the Investment was $0 and $418, respectively, and the Company has suspended further loss recognition in accordance with ASC 323-10-35-20.

EQUITY-METHOD INVESTMENT

6 Months Ended

Jun. 30, 2026

Equity Method Investments and Joint Ventures [Abstract]

7. EQUITY-METHOD INVESTMENT

On October 29, 2024, in connection with the sale of the Company’s former wholly owned subsidiary, Pioneer Custom Electrical Products Corp. (“PCEP”), to Voltaris Power, LLC (“Voltaris”), the Company retained an indirect equity interest in Voltaris through Rollover Common Units of Pioneer Investment LLC (the “Investment”). The Company accounts for the Investment under the equity method in accordance with ASC 323. The Company reports its share of investee results on a one-quarter lag; accordingly, the Company’s share of investee earnings or losses for the three and six months ended June 30, 2026, reflect investee results for the three and six months ended March 31, 2026, respectively.

On February 27, 2026, the Company exercised its preemptive rights and funded $226 in cash to subscribe for its pro-rata share of a new class of senior preferred interests (the “Preferred Interests”) in the Investment. During the three months ended June 30, 2026, the Company exercised its preemptive rights with respect to a second issuance of Preferred Interests and funded an additional $113 in cash. The Preferred Interests have senior distribution priority and a stated return threshold equal to the greater of a 20% Internal Rate of Return (“IRR”) (compounded quarterly) or 2.0x Multiple on Invested Capital (“MOIC”), are non-voting, and are redeemable at the issuer’s option. The Company’s pro-rata common unit ownership was unchanged during the three and six months ended June 30, 2026. The Company’s Preferred Interests subscriptions of $339 have been recorded as additional capital contributions to the Investment.

During the three months ended June 30, 2026, the Company recognized a loss from the Investment of $113 and, during the three months ended June 30, 2025, the Company recognized a gain from the Investment of $297, both of which are included in other expense or income in the unaudited condensed consolidated statements of operations.

During the six months ended June 30, 2026, the Company recognized a loss from the Investment of $757 and, during the six months ended June 30, 2025, the Company recognized a gain from the Investment of $240, both of which are included in other expense or income in the unaudited condensed consolidated statements of operations.

As of June 30, 2026 and December 31, 2025, the carrying value of the Investment was $0 and $418, respectively, and the Company has suspended further loss recognition in accordance with ASC 323-10-35-20.