SEGMENT INFORMATION

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

SEGMENT INFORMATION

NOTE 11: SEGMENT INFORMATION

The Company operates as a single operating segment, as an energy services company that provides equipment and support services to the world’s energy and offshore industries. The Company’s chief operating decision maker (“CODM”) is its chief executive officer, who reviews financial information presented on a consolidated basis. The CODM uses consolidated net income to monitor budget versus actual results in assessing segment performance and the allocation of resources. Significant segment expenses are presented in the Company’s consolidated statements of operations.

	Three Months
	Ended March 31,
	2026		2025
Revenues	$	8,174	$	5,250
Share-based compensation and other personnel costs		3,598		2,381
Materials		1,131		635
Depreciation and amortization		178		146
Other cost of sales and selling, general and administrative expenses		2,994		2,163
Provision for income tax		29		8
Interest and other expense (income)		3		(54	)
Net income (loss)	$	241	$	(29	)

The CODM regularly reviews asset information by consolidated assets since we only have one reportable segment.