Discontinued operations (Tables)

3 Months Ended

Mar. 31, 2026

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations

The Company recognized a gain on disposal of SAVSU, calculated as follows:

Cash proceeds received from Buyer	$	23,276
Indemnity holdback	2,500
Net price adjustment(1)	219
Costs to sell	(1,509)
Retention bonus paid by Company(2)	(541)
Total proceeds	23,945
Less: SAVSU carrying basis as of October 6, 2025	13,621
Net gain on disposal	$	10,324

(1) As defined within the SAVSU Purchase Agreement, the final purchase price was subject to working capital adjustments upon the close of the disposal.

(2) As defined within the SAVSU Purchase Agreement, the Company agreed to provide a cash bonus to the divested employees with the condition that such employees remain with SAVSU for 90 days subsequent to the closing of the sale.

The table below summarizes the key components of loss from discontinued operations as follows:

(In thousands)	Three Months Ended March 31, 2025
Revenue	$	1,887
Cost of revenue	1,496
Gross profit	391
Operating expenses	(1,110)
Loss before income taxes	(719)
Income tax expense	—
Loss from discontinued operations, net of income taxes	$	(719)

Below is a summary of incurred depreciation, amortization, interest expenses, capital expenditures, and other noncash related costs for discontinued operations.

(In thousands)	Three Months Ended March 31, 2025
Depreciation	$	498
Amortization	$	376
Stock-based compensation	$	173
Interest expense, net	$	2
Capital expenditures	$	250