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Supplemental Financial Statement Information (Tables)
6 Months Ended
Jun. 30, 2025
Condensed Financial Information Disclosure [Abstract]  
Schedule of Components of Property, Plant and Equipment, Net and Rental Equipment, Net
Components of property, plant and equipment, net were as follows:
(in thousands)June 30, 2025December 31, 2024
Land$16,621 $16,187 
Buildings and improvements65,909 63,935 
Machinery and equipment60,505 55,889 
Capitalized software19,784 12,295 
Furniture and fixtures12,422 13,252 
Vehicles6,423 5,716 
Construction in progress(1)
5,142 6,284 
Total186,806 173,558 
Accumulated depreciation and amortization(59,711)(48,034)
Property, plant and equipment, net$127,095 $125,524 
(1)Construction in progress primarily relates to upgrades to certain of the Company’s information technology systems and distribution facilities that we expect to place in service in the next twelve months.

Depreciation expense for property, plant and equipment and amortization expense for capitalized software, which are included in Selling, general and administrative expenses in the Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss), were as follows:
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2025202420252024
Depreciation expense for property, plant and equipment$4,691 $3,771 $9,463 $7,500 
Amortization expense for capitalized software$1,062 $863 $1,929 $1,668 
Rental equipment, net consisted of the following:
(in thousands)June 30, 2025December 31, 2024
Rental equipment$64,155 $64,160 
Accumulated depreciation(27,336)(24,784)
Rental equipment, net$36,819 $39,376 

Depreciation expense for rental equipment, which is included in Cost of goods sold in the Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss), was as follows:
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2025202420252024
Depreciation expense for rental equipment$2,935 $1,695 $5,690 $3,465 
Schedule of Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following:
(in thousands)June 30, 2025December 31, 2024
Accrued compensation$23,350 $23,800 
Accrued and withheld taxes, other than income taxes11,261 10,178 
Deferred revenue6,742 3,727 
Accrued customer rebates5,916 6,366 
Deferred acquisition payments and accrued earnout liabilities5,823 6,384 
Accrued severance and acquisition related retention bonus2,508 2,864 
Accrued income taxes2,485 1,703 
Accrued health benefits1,797 2,234 
Accrued interest1,756 2,030 
Accrued stock-based compensation1,308 1,960 
Other19,583 20,013 
Total accrued expenses and other current liabilities$82,529 $81,259 
Schedule of Other Liabilities
Other liabilities consisted of the following:
(in thousands)June 30, 2025December 31, 2024
Security bonus plan$7,544 $7,536 
Deferred compensation11,813 11,455 
Other6,172 7,534 
Total other liabilities$25,529 $26,525