In April 2025, the Company completed the sale of its Fleet segment for a total consideration of up to $230.0 million (the “Fleet Sale”). This consideration is comprised of $136.2 million of cash, net of $4.8 million cash divested. The consideration also includes a $25.0 million seller note, scheduled to mature in July 2030, and a potential earn-out payment of up to $65.0 million, subject to the achievement of certain milestones. See Note (11) "Fair Value Measurements" for information regarding the fair value of the earn-out.

During the nine months ended September 30, 2025, the Company recorded a total loss of $46.8 million, inclusive of $3.8 million in transaction fees, comprised of a pre-tax impairment charge of $33.7 million on the Fleet assets held-for-sale and a pre-tax loss of $13.1 million on the Fleet Sale. The Fleet Sale loss was primarily attributable to an $8.3 million adjustment of a deferred tax liability related to the first quarter 2025 pre-tax impairment and $4.8 million of working capital adjustments. The total loss is included in income (loss) from discontinued operations, net of tax, in the consolidated statements of operations.

In February 2024, the Company entered into two separate agreements to sell substantially all of its Federal and Defense segment's operational assets ("FDS Sale") for cash consideration of $42.9 million. For the nine months ended September 30, 2025, the Company recorded a pre-tax loss of $0.2 million on the FDS Sale related to a net working capital settlement, included in income (loss) from discontinued operations, net of tax, in the consolidated statements of operations.


	Three months ended September 30,		Nine months ended September 30,
	2025		2025
Revenues	$	—	$	75,358
Costs and operating expenses	—		71,865
Income from discontinued operations	—		3,493
Other impairment	—		33,708
(Gain) loss on the sale of discontinued operations	(157)		13,338
Income (loss) from discontinued operations before income taxes	157		(43,553)
Benefit for income taxes	(164)		(10,492)
Income (loss) from discontinued operations, net of tax	$	321	$	(33,061)


	Nine months ended September 30,
	2025
Depreciation and amortization	$	731
Stock-based compensation (a)	$	(225)
Purchases of property and equipment	$	208
(a) Stock-based compensation benefit was recognized during the nine months ended September 30, 2025 due to forfeitures in the period.