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v3.25.4

Property, Plant and Equipment | 12 Months Ended
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Dec. 31, 2025
Property, Plant and Equipment [Abstract] |
Property, Plant and Equipment | Note 4 – Property, plant and equipment Property, plant and equipment consist of the following as of December 31, 2025 and 2024 (in thousands):
|  | As of December 31, |  |  | As of December 31, |
|  | 2025 |  |  | 2024 |
Land |  | $ |  | 1,822 |  |  | $ |  | 1,822 |
Buildings |  |  |  | 3,257 |  |  |  |  | 3,297 |
Furniture and fixtures |  |  |  | 5,983 |  |  |  |  | 5,263 |
Software |  |  |  | 7,719 |  |  |  |  | 3,659 |
Machinery and equipment |  |  |  | 1,049,872 |  |  |  |  | 857,900 |
Vehicles |  |  |  | 6,192 |  |  |  |  | 5,889 |
Leasehold improvements |  |  |  | 10,509 |  |  |  |  | 8,269 |
Construction in progress |  |  |  | 3,175 |  |  |  |  | 7,148 |
Property, plant and equipment |  |  |  | 1,088,529 |  |  |  |  | 893,247 |
Less: accumulated depreciation |  |  |  | (290,995 | ) |  |  |  | (190,631 | )
Property, plant and equipment, net |  | $ |  | 797,534 |  |  | $ |  | 702,616 |
The Company’s rental fleet included in machinery and equipment above was $1.0 billion (approximately $735.4 million, net of accumulated depreciation) as of December 31, 2025 and was $799.5 million (approximately $620.0 million, net of accumulated depreciation) as of December 31, 2024. Depreciation expenses during 2025, 2024 and 2023 were approximately $101.0 million, $67.5 million and $40.2 million, respectively.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-7 + Details
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