Segment Data

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Segment Data

Segment Data

Following the sale of the Fluids Systems segment in September 2024, we have one reportable segment. We previously operated a second reportable segment, Fluids Systems, which we exited in the third quarter of 2024. See Note 2 for financial information for our previously reported Fluids Systems segment, now reported as discontinued operations. The Company’s chief operating decision maker (“CODM”), its Chief Executive Officer, allocates resources and assesses financial performance on a consolidated basis. Consolidated income from continuing operations as presented in the consolidated statements of operations is used to measure performance.

The following table presents further disaggregated revenues by type:

	First Quarter
(In thousands)	2025		2024
Rental revenues	$	28,110	$	21,232
Service revenues	15,283		13,949
Product sales revenues	21,384		13,786
Total revenues	$	64,777	$	48,967

The following table presents further disaggregated revenues by geography, based on the country in which the sale originates:

	First Quarter
(In thousands)	2025		2024
United States	$	60,675	$	45,341
United Kingdom	4,102		3,626
Total revenues	$	64,777	$	48,967

The following table presents disaggregated expense information:

	First Quarter
(In thousands)	2025		2024
Depreciation and amortization - Included in cost of revenues	$	5,347	$	5,097
Depreciation and amortization - Included in selling, general and administrative expenses	455		569
Total depreciation and amortization	$	5,802	$	5,666