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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue        
Rental revenue $ 70,716 $ 58,196 $ 141,794 $ 122,338
Other revenue 1,170 667 2,038 1,586
Total revenue 71,886 58,863 143,832 123,924
Cost of revenue 60,718 48,935 118,315 97,508
Gross profit 11,168 9,928 25,517 26,416
Operating expenses 12,578 12,549 27,463 25,237
Income (loss) from operations (1,410) (2,621) (1,946) 1,179
Loss on extinguishment of term loan (1,040) 0 (1,040) 0
Interest expense and other fees (5,361) (4,674) (10,505) (9,201)
Interest income 26 359 83 683
Change in fair value of warrant liability 11 109 (25) (53)
Loss before income taxes (7,774) (6,827) (13,433) (7,392)
Provision for income taxes (61) (61) (90) (66)
Net loss $ (7,835) $ (6,888) $ (13,523) $ (7,458)
Weighted average common shares outstanding - basic (in shares) 4,813,000 4,286,000 4,716,000 4,264,000
Weighted average common shares outstanding - diluted (in shares) 4,813,000 4,286,000 4,716,000 4,264,000
Net loss per common share - basic (in dollars per share) $ (1.63) $ (1.61) $ (2.87) $ (1.75)
Net loss per common share - diluted (in dollars per share) $ (1.63) $ (1.61) $ (2.87) $ (1.75)