| Schedule of Revenue |
Revenue
consisted of the following (in thousands):
Schedule of Revenue
| | |
Period
from May 7, 2026 through June 30, 2026 | | |
Period
from April 1, 2026 through May 6, 2026 | | |
Period
from January 1, 2026 through May 6, 2026 | | |
Three
Months Ended June 30, 2025 | | |
Six
Months Ended June 30, 2025 | |
| | |
Successor
- AIAI | | |
Predecessor
- CCCI | |
| | |
Period
from May 7, 2026 through June 30, 2026 | | |
Period
from April 1, 2026 through May 6, 2026 | | |
Period
from January 1, 2026 through May 6, 2026 | | |
Three
Months Ended June 30, 2025 | | |
Six
Months Ended June 30, 2025 | |
| Construction | |
| | | |
| | | |
| | | |
| | | |
| | |
| Public
sector | |
$ | 21,439 | | |
$ | 16,195 | | |
$ | 64,003 | | |
$ | 46,345 | | |
$ | 94,717 | |
| Private
sector | |
| 14,535 | | |
| 3,011 | | |
| 14,072 | | |
| 18,835 | | |
| 32,854 | |
| Healthcare | |
| | | |
| | | |
| | | |
| | | |
| | |
| Public
sector | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | |
| Private
sector | |
| 1,173 | | |
| — | | |
| — | | |
| — | | |
| — | |
| Technology | |
| | | |
| | | |
| | | |
| | | |
| | |
| Public
sector | |
| 788 | | |
| — | | |
| — | | |
| — | | |
| — | |
| Private
sector | |
| 1,142 | | |
| — | | |
| — | | |
| — | | |
| — | |
| Total
revenue | |
$ | 39,077 | | |
$ | 19,206 | | |
$ | 78,075 | | |
$ | 65,180 | | |
$ | 127,571 | |
|
| Summary of Contract Assets And Liabilities Associated With Uncompleted Contracts |
As
of June 30, 2026 (Successor) and December 31, 2025 (Predecessor), the contract assets and liabilities associated with uncompleted contracts
are summarized as follows (in thousands):
Summary of Contract Assets And Liabilities Associated With Uncompleted Contracts
| | |
Successor
- AIAI June
30, 2026 | | |
Predecessor
- CCCI December
31, 2025 | |
| Contract assets classified
as: | |
| | | |
| | |
| Costs
and estimated earnings in excess of billings on contracts in progress | |
$ | 27,297 | | |
$ | 2,738 | |
| Retainage
receivable on open contracts | |
| 14,420 | | |
| 11,884 | |
| Contract
assets | |
$ | 41,717 | | |
$ | 14,622 | |
| Contract liabilities –
current classified as: | |
| | | |
| | |
| Billings
in excess of costs and estimated earnings on contracts in progress | |
$ | 3,100 | | |
$ | 2,819 | |
| Retainage
payable on open contracts | |
| 7,777 | | |
| 3,547 | |
| Contract
liabilities | |
$ | 10,877 | | |
$ | 6,366 | |
| Contract liabilities –
non-current classified as: | |
| | | |
| | |
| Billings
in excess of costs and estimated earnings on contracts in progress | |
$ | 764 | | |
$ | — | |
|