PROPERTY, PLANT AND EQUIPMENT, NET (Tables)

9 Months Ended

Sep. 30, 2024

Property, Plant and Equipment [Abstract]

Summary of Component of Property, Plant and Equipment, Net

The following table shows the component of property, plant and equipment, net (in thousands):

	Estimated Useful Lives (in Years)	September 30, 2024			December 31, 2023
Rental tools and equipment	3-10	$	205,223		$	188,949
Buildings and improvements	5-40		7,083			6,672
Office furniture, fixtures and equipment	3-5		2,470			2,389
Transportation and equipment	3-5		715			793
Total property, plant and equipment			215,491			198,803
Less: accumulated deprecation			(139,395	)		(133,003	)
Property, plant and equipment, net (excluding construction in progress)			76,095			65,800
Construction in progress			1,565			-
Property, plant and equipment, net		$	77,660		$	65,800