v3.26.3
FAIR VALUE MEASUREMENTS (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Fair Value Disclosures [Abstract]    
SCHEDULE OF ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON A RECURRING BASIS

Assets and Liabilities Measured at Fair Value on a Recurring Basis

 

   Level 1   Level 2   Level 3   Total 
   Fair Value as of June 30, 2026 
   Level 1   Level 2   Level 3   Total 
Assets (Liabilities):                   
Equity securities  $4,262   $-   $-   $4,262 
Total  $4,262   $-   $-   $4,262 

 

   Level 1   Level 2   Level 3   Total 
   Fair Value as of December 31, 2025 
   Level 1   Level 2   Level 3   Total 
Assets (Liabilities):                    
Equity securities  $3,767   $-   $-   $3,767 
Total  $3,767   $-   $-   $3,767 

Assets and Liabilities Measured at Fair Value on a Recurring Basis

 

                     
   Fair Value as of December 31, 2025 
   Level 1   Level 2   Level 3   Total 
Assets (Liabilities):                    
Equity securities  $3,767   $-   $-   $3,767 
Total  $3,767   $-   $-   $3,767 
SCHEDULE OF FAIR VALUE, LIABILITIES MEASURED ON RECURRING BASIS, UNOBSERVABLE INPUT RECONCILIATION

The table below presents a reconciliation for Level 3 liabilities for the period ended December 31, 2025. The Level 3 liabilities consist of an earnout liability associated with SOC’s acquisition of Big Lake Lumber (“BLL”) in 2023. The change in the Level 3 liability during the period was primarily due to net payments.

 

   2025 
Acquisition value at August 22, 2025  $201 
Net reductions (payments)   (201)
Balance as at December 31, 2025  $- 

The table below presents a reconciliation for Level 3 liabilities for the period ended December 31, 2025. The Level 3 liabilities consist of an earnout liability associated with SOC’s acquisition of Big Lake Lumber (“BLL”) in 2023. The change in the Level 3 liability during the period was primarily due to payments made on accruals. These changes are included in “Purchases, issuances, and settlements (net)” in the Level 3 rollforward below.

 

   2025 
Acquisition value at August 22, 2025  $201 
Net reductions (payments)   (201)
Balance as at December 31, 2025  $- 
SCHEDULE OF INVESTMENT IN EQUITY SECURITIES, GAIN (LOSS)

Gains and losses from investments in equity securities are recorded in other income (expense) in the Condensed Consolidated Statements of Operations and included the following for the period ended June 30, 2026.

 

   2026   2026 
  

Three Months Ended

June 30,

  

Six Months Ended

June 30,

 
   2026   2026 
Unrealized loss on equity securities  $(668)  $(945)
Unrealized gain on equity securities   314    569 
Realized gain on equity securities   316    496 
Total (loss) gain on equity securities  $(38)  $120 

Gains and losses from investments in equity securities are recorded in other income (expense) in the Consolidated Statements of Operations and included the following for the period ended December 31, 2025.

 

   Year Ended December 31, 
   2025 
Unrealized loss on equity securities  $(390)
Unrealized gain on equity securities   241 
Realized gain on equity securities   11  
Total loss on equity securities  $(138)
SCHEDULE OF DERIVATIVE INSTRUMENTS, GAIN (LOSS)  

Gains and losses from lumber derivative contracts are recorded in the cost of revenues in the Consolidated Statements of Operations and included the following for the period ended December 31, 2025:

 

   Year Ended December 31, 
   2025 
    
Realized loss on lumber derivatives  $(68)
Total loss on lumber derivatives  $(68)