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Note 20 - Related Party Disclosures
 6 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]

20.

Related party disclosures

 

Our related parties consist primarily of CETS and PVD-Expro, the two companies in which we exert significant influence. During the three and six months ended June 30, 2025, goods and services provided to related parties was less than $0.1 million and $0.3 million, respectively, and $2.0 million and $6.3 million, respectively, for the three and six months ended June 30, 2024. During the three and six months ended June 30, 2025 material goods and services received from related parties was less than $0.1 million for each period, and $0.1 million and $0.1 million, respectively, for the three and six months ended June 30, 2024.

 

Additionally, we entered into various operating lease agreements to lease facilities with affiliated companies. Rent expense associated with our related party leases was less than $0.1 million for both the three and six months ended June 30, 2025, and $0.2 million and $0.3 million, respectively, for the three and six months ended June 30, 2024.

 

As of  June 30, 2025 and December 31, 2024 amounts receivable from related parties were less than $0.1 million and $0.8 million, respectively, and amounts payable to related parties were less than $0.1 million in both periods.