XML 26 R13.htm IDEA: XBRL DOCUMENT v3.25.2
ASSETS HELD FOR SALE
6 Months Ended
Jun. 30, 2025
Investments, Debt and Equity Securities [Abstract]  
ASSETS HELD FOR SALE ASSETS HELD FOR SALE
In the first quarter of 2025, the Company approved a plan to sell its corporate aircraft. The carrying value of the asset group is $1.2 million (net of $1.6 million of accumulated depreciation) and is classified as a current asset held for sale in the consolidated balance sheet as of June 30, 2025.
On July 8, 2025, the Company sold the aircraft to an unrelated third party for $2.5 million and incurred closing costs of $0.3 million. As a result, the Company will record a gain on the sale in the third quarter of 2025 of approximately $1.0 million. The aircraft relates to property, plant and equipment.