XML 71 R60.htm IDEA: XBRL DOCUMENT v3.26.3
DEBT - Narrative (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 03, 2025
USD ($)
May 17, 2024
USD ($)
Apr. 24, 2024
USD ($)
Aug. 16, 2023
USD ($)
Apr. 08, 2019
AUD ($)
Sep. 30, 2026
USD ($)
Sep. 30, 2025
USD ($)
Sep. 30, 2026
USD ($)
Sep. 30, 2025
USD ($)
Dec. 31, 2025
USD ($)
Jun. 28, 2024
USD ($)
Debt Instrument [Line Items]                      
Short-term debt           $ 8,280   $ 8,280   $ 8,473  
Restricted deposit           548   548   1,322  
Long-term debt, net of current portion           4,667   4,667   6,056  
Revolving Credit Facility | Line of Credit                      
Debt Instrument [Line Items]                      
Short-term debt           5,689   5,689   6,559  
KeyBank Facility                      
Debt Instrument [Line Items]                      
Additional borrowing availability           $ 3,968   $ 3,968      
KeyBank Facility | Minimum                      
Debt Instrument [Line Items]                      
Debt Instrument, Financial Covenant Ratio           1.10   1.10      
106 Bremer, LLC | Subsidiaries                      
Debt Instrument [Line Items]                      
Sale of real estate, consideration                     $ 3,000
Austin Loan Agreement | Minimum                      
Debt Instrument [Line Items]                      
Interest percentage 7.50%                    
Austin Loan Agreement | Revolving Credit Facility | Line of Credit                      
Debt Instrument [Line Items]                      
Short-term debt           $ 216   $ 216   1,205  
Austin Loan Agreement | Alliance Drilling Tools, LLC (ADT)                      
Debt Instrument [Line Items]                      
Line of credit facility, maximum borrowing capacity $ 3,000                    
Austin Loan Agreement | Alliance Drilling Tools, LLC (ADT) | Secured Debt                      
Debt Instrument [Line Items]                      
Line of credit facility, maximum borrowing capacity $ 800                    
Debt instrument, basis spread on variable rate 1.75%                    
Debt instrument, monthly payment $ 13                    
Borrowing availability $ 638                    
Premier Facility | Revolving Credit Facility                      
Debt Instrument [Line Items]                      
Line of credit facility, maximum borrowing capacity       $ 6,000              
Borrowing availability           175   175      
Restricted cash           600   600      
Premier Facility | Revolving Credit Facility | Line of Credit                      
Debt Instrument [Line Items]                      
Debt instrument, basis spread on variable rate       0.50%              
Debt service coverage ratio (less than)       1.25              
Debt to equity ratio (in excess of)       1.65              
Fixed charge coverage ratio (less than)       1.10              
Working capital       $ 2,000              
Current ratio       1.50              
Short-term debt           3,953   3,953   3,969  
Premier Facility | Revolving Credit Facility | Line of Credit | Minimum                      
Debt Instrument [Line Items]                      
Debt instrument, basis spread on variable rate       6.75%              
KeyBank Facility | Revolving Credit Facility | Line of Credit                      
Debt Instrument [Line Items]                      
Short-term debt           32   32   0  
KeyBank Facility | KBS Builders, Inc. (KBS)                      
Debt Instrument [Line Items]                      
Line of credit facility, maximum borrowing capacity     $ 4,000                
Debt instrument, basis spread on variable rate     3.00%                
Term Loan Secured by Mortgage | 106 Bremer, LLC | Secured Debt | Subsidiaries                      
Debt Instrument [Line Items]                      
Interest percentage                     7.50%
Bridgewater Facility                      
Debt Instrument [Line Items]                      
Restricted deposit   $ 1,000                  
Restricted cash and cash equivalents released from restriction           $ 1,000   $ 1,000      
Bridgewater Facility | Secured Debt                      
Debt Instrument [Line Items]                      
Debt instrument, face amount   $ 7,000                  
Debt instrument, basis spread on variable rate   7.85%                  
Cash flow to fixed charge coverage ratio   1.30                  
Senior funded debt to adjusted EBITDA ratio   3.00                  
Total funded debt to adjusted EBITDA ratio   4.00                  
NAB Facility Agreement | Line of Credit                      
Debt Instrument [Line Items]                      
Line of credit facility, maximum borrowing capacity         $ 4,000,000            
Debt instrument, basis spread on variable rate         1.60%            
Debt instrument, termination of debt notice         90 days            
Number of times EBITDA must be paid         2            
Tangible net worth, minimum         $ 2,500,000            
Tangible assets, minimum           25.00%   25.00%      
NAB Facility Agreement | Revolving Credit Facility | Line of Credit                      
Debt Instrument [Line Items]                      
Short-term debt           $ 1,488   $ 1,488   $ 1,385  
Interest expense, debt           38 $ 4 102 $ 8    
Brokerage Margin Account                      
Debt Instrument [Line Items]                      
Short-term debt           $ 687   $ 687