Property
and Equipment, net of accumulated depreciation is as follows (in thousands):
Summary of Property and Equipment, Net of Accumulated Depreciation
| Category | |
Successor
- AIAI June
30, 2026 | | |
Predecessor
- CCCI December
31, 2025 | |
| Land | |
$ | 365 | | |
$ | 365 | |
| Buildings and improvements | |
| — | | |
| — | |
| Construction equipment | |
| 28,158 | | |
| 33,144 | |
| Transportation equipment | |
| 1,430 | | |
| 2,330 | |
| Computer and information technology
equipment | |
| 78 | | |
| — | |
| Furniture & fixtures | |
| 4 | | |
| 29 | |
| Office equipment | |
| 44 | | |
| 255 | |
| Leasehold
improvements | |
| 1,411 | | |
| 1,535 | |
| Total property
and equipment | |
$ | 31,490 | | |
$ | 37,658 | |
| Less: Accumulated depreciation | |
| (724 | ) | |
| (13,775 | ) |
| Construction
in progress | |
| - | | |
| — | |
| Total
property and equipment, net | |
$ | 30,766 | | |
$ | 23,883 | |
|