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Revenue (Tables)

9 Months Ended

Sep. 30, 2025

Revenue from Contract with Customer [Abstract]

Summary of Revenues Disaggregation

The following tables present our revenues disaggregated by category and by geography:

		Three Months Ended September 30, 2025												Three Months Ended September 30, 2024
(in thousands)		NAM				INTL & Offshore				Total				NAM				INTL & Offshore				Total
Product revenues		$	86,597			$	79,205			$	165,802			$	79,668			$	46,975			$	126,643
Service revenues			17,218				14,592				31,810				13,411				2,363				15,774
Rental revenues			28,114				14,274				42,388				5,228				4,172				9,400
Total revenues		$	131,929			$	108,071			$	240,000			$	98,307			$	53,510			$	151,817

		Nine Months Ended September 30, 2025												Nine Months Ended September 30, 2024
(in thousands)		NAM				INTL & Offshore				Total				NAM				INTL & Offshore				Total
Product revenues		$	239,219			$	243,382			$	482,601			$	211,405			$	131,917			$	343,322
Service revenues			49,868				47,785				97,653				37,698				5,976				43,674
Rental revenues			83,326				41,069				124,395				9,182				13,938				23,120
Total revenues		$	372,413			$	332,236			$	704,649			$	258,285			$	151,831			$	410,116

Schedule of Changes in Allowance for Credit Losses

The changes in allowance for credit losses during the nine months ended September 30, 2025 and 2024 were as follows:

		September 30,
(in thousands)		2025				2024
Balance at January 1		$	63,875			$	5,015
Allowance pertaining to the receivables acquired as part of the Merger			—				72,685
Provision for (recovery of) credit losses			(13,198	)			1,323
Write-offs charged against allowance			(30,452	)			(2,434	)
Balance at September 30		$	20,225			$	76,589

Schedule of Contract Asset and Liability

Balances related to contracts with customers consisted of the following:

Contract Assets (amounts shown in thousands)

Contract assets at December 31, 2024				$	5,062
Additions					705
Transfers to Trade receivables, net					(2,781	)
Contract assets at September 30, 2025				$	2,986

Contract liabilities (amounts shown in thousands)

Contract liabilities at December 31, 2024				$	13,463
Additions					8,453
Revenue recognized					(11,630	)
Contract liabilities at September 30, 2025				$	10,286

X

- Definition

Tabular disclosure of allowance for credit loss on financing receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-13

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- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-10

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

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