v3.26.3
Segment Information (Tables)
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Segment Information
The following tables reconcile segment net sales to consolidated loss before provision for income taxes and share of net income from joint venture.
Three Months Ended September 30, 2026Mobile
Solutions		Power
Solutions		Total
Net sales to external customers$67,985 $63,115 $131,100 
Intersegment net sales192 63 255 
Total net sales68,177 63,178 131,355 
Reconciliation of net sales:
Elimination of intersegment net sales(255)
Total consolidated net sales$131,100 
Less:
Cost of sales64,617 48,477 
Selling, general, and administrative expense4,300 2,921 
Depreciation expense4,712 774 
Other segment items (1)836 1,806 
Segment operating (loss) income(6,288)9,200 2,912 
Reconciliation of segment operating (loss) income:
Elimination of intersegment profits(9)
Unallocated expenses (2)6,241 
Interest expense5,467 
Other income, net(2,919)
Loss before provision for income taxes and share of net income from joint venture$(5,868)
_______________________________
(1)    Other segment items include amortization expense and other operating expenses and income.
(2) Unallocated expenses consist of selling, general, and administrative expense of $6.1 million, depreciation expense of $0.4 million, and other operating income of $0.2 million from our corporate headquarters that are not allocated to segments.
Three Months Ended September 30, 2025Mobile
Solutions		Power
Solutions		Total
Net sales to external customers$58,935 $44,947 $103,882 
Intersegment net sales182 1 183 
Total net sales59,117 44,948 104,065 
Reconciliation of net sales:
Elimination of intersegment net sales(183)
Total consolidated net sales$103,882 
Less:
Cost of sales52,286 34,318 
Selling, general, and administrative expense3,830 2,586 
Depreciation expense4,451 818 
Other segment items (1)1,404 1,794 
Segment operating (loss) income(2,854)5,432 2,578 
Reconciliation of segment operating (loss) income:
Elimination of intersegment profits(11)
Unallocated expenses (2)4,836 
Interest expense5,666 
Other income, net(70)
Loss before provision for income taxes and share of net income from joint venture$(7,843)
(1)    Other segment items include amortization expense and other operating expenses and income.
(2) Unallocated expenses consist of selling, general, and administrative expense of $4.6 million, depreciation expense of $0.4 million, and other operating income of $0.2 million from our corporate headquarters that are not allocated to segments.
Nine Months Ended September 30, 2026Mobile
Solutions		Power
Solutions		Total
Net sales to external customers$197,485 $180,808 $378,293 
Intersegment net sales395 63 458 
Total net sales197,880 180,871 378,751 
Reconciliation of net sales:
Elimination of intersegment net sales(458)
Total consolidated net sales$378,293 
Less:
Cost of sales179,316 139,895 
Selling, general, and administrative expense12,350 8,686 
Depreciation expense14,163 2,355 
Other segment items (1)2,361 5,389 
Segment operating (loss) income(10,310)24,546 14,236 
Reconciliation of segment operating (loss) income:
Elimination of intersegment profits(29)
Unallocated expenses (2)18,638 
Interest expense16,956 
Other income, net(2,634)
Loss before provision for income taxes and share of net income from joint venture$(18,695)
_______________________________
(1)    Other segment items include amortization expense and other operating expenses and income.
(2) Unallocated expenses consist of selling, general, and administrative expense of $18.1 million, depreciation expense of $1.1 million, and other operating income of $0.6 million from our corporate headquarters that are not allocated to segments.
Nine Months Ended September 30, 2025Mobile
Solutions		Power
Solutions		Total
Net sales to external customers$184,397 $133,095 $317,492 
Intersegment net sales355 1 356 
Total net sales184,752 133,096 317,848 
Reconciliation of net sales:
Elimination of intersegment net sales(356)
Total consolidated net sales$317,492 
Less:
Cost of sales164,553 103,583 
Selling, general, and administrative expense11,153 7,654 
Depreciation expense12,954 2,402 
Other segment items (1)2,743 5,220 
Segment operating (loss) income(6,651)14,237 7,586 
Reconciliation of segment operating (loss) income:
Elimination of intersegment profits(25)
Unallocated expenses (2)16,112 
Interest expense16,517 
Loss on extinguishment of debt3,007 
Other income, net(2,858)
Loss before provision for income taxes and share of net income from joint venture$(25,167)
_______________________________
(1)    Other segment items include amortization expense and other operating expenses and income.
(2) Unallocated expenses consist of selling, general, and administrative expense of $15.5 million, depreciation expense of $1.2 million, and other operating income of $0.6 million from our corporate headquarters that are not allocated to segments.
The following table presents capital expenditures and depreciation and amortization by reportable segment.
Three Months Ended
September 30,		Nine Months Ended
September 30,
2026202520262025
Capital expenditures:
Mobile Solutions$5,147 $2,377 $12,071 $7,907 
Power Solutions826 844 1,876 2,057 
Total reportable segments$5,973 $3,221 $13,947 $9,964 
Reconciliation to consolidated totals:
Other unallocated amounts (1)433 207 984 1,094 
Total capital expenditures$6,406 $3,428 $14,931 $11,058 
Depreciation and amortization:
Mobile Solutions$5,550 $5,290 $16,678 $15,469 
Power Solutions3,341 3,385 10,056 10,103 
Total reportable segments$8,891 $8,675 $26,734 $25,572 
Reconciliation to consolidated totals:
Other unallocated amounts (2)369 389 1,110 1,184 
Total depreciation and amortization$9,260 $9,064 $27,844 $26,756 
_______________________________
(1)     Total unallocated amounts consist of capital expenditures from our corporate headquarters that are not allocated to segments.
(2)     Total unallocated amounts consist of depreciation expense from our corporate headquarters that are not allocated to segments.

The following table summarizes total assets by reportable segment.
September 30, 2026December 31, 2025
Mobile Solutions (1)$305,097 $287,974 
Power Solutions125,391 123,883 
Total reportable segments$430,488 $411,857 
Reconciliation to consolidated totals:
Other unallocated amounts (2)20,406 28,927 
Total assets$450,894 $440,784