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Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract] |
Schedule of Allocation of Fair Value of Assets and Liabilities | The following table summarizes the purchase price and estimated fair values of assets acquired and liabilities assumed as of the Pioneer Power Effective Date, with any excess of purchase price over estimated fair value of the identified net assets acquired recorded as goodwill.
(in thousands) |  | Purchase Price Allocation |  | Measurement Period Adjustments |  | Adjusted Purchase Price Allocation |  |  |  |
Consideration: |  |  |  |  |  |  |  |  |  |
Cash(1) |  | $ | 66,612 |  |  | $ | — |  |  | $ | 66,612 |  |  |  |  |
Total Consideration |  | 66,612 |  |  | — |  |  | 66,612 |  |  |  |  |
Fair value of assets acquired: |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | 961 |  |  | — |  |  | 961 |  |  |  |  |
Accounts receivable |  | 18,416 |  |  | — |  |  | 18,416 |  |  |  |  |
Contract assets(1) |  | 4,176 |  |  | 920 |  |  | 5,096 |  |  |  |  |
Other current assets |  | 58 |  |  | — |  |  | 58 |  |  |  |  |
Property and equipment |  | 6,291 |  |  | — |  |  | 6,291 |  |  |  |  |
Intangible assets |  | 16,200 |  |  | — |  |  | 16,200 |  |  |  |  |
Amount attributable to assets acquired |  | 46,102 |  |  | 920 |  |  | 47,022 |  |  |  |  |
Fair value of liabilities assumed: |  |  |  |  |  |  |  |  |  |
Accounts payable, including retainage |  | 8,071 |  |  | — |  |  | 8,071 |  |  |  |  |
Accrued expenses and other current liabilities |  | 1,527 |  |  | — |  |  | 1,527 |  |  |  |  |
Contract liabilities(1) |  | 6,506 |  |  | 1,775 |  |  | 8,281 |  |  |  |  |
Amount attributable to liabilities assumed |  | 16,104 |  |  | 1,775 |  |  | 17,879 |  |  |  |  |
Goodwill |  | $ | 36,614 |  |  | $ | 855 |  |  | $ | 37,469 |  |  |  |  |
(1) Measurement period adjustments recorded during the quarter ended December 31, 2025 reflect changes to the fair value of contract assets acquired and contract liabilities assumed, resulting in a net increase of approximately $0.9 million to goodwill. The following table summarizes the purchase price and estimated fair values of assets acquired and liabilities assumed as of the Consolidated Mechanical Effective Date, with any excess of purchase price over estimated fair value of the identified net assets acquired recorded as goodwill.
(in thousands) |  | Purchase Price Allocation |  | Measurement Period Adjustments(1) |  | Adjusted Purchase Price Allocation
Consideration: |  |  |  |  |  |
Cash |  | $ | 23,591 |  |  | $ | 3 |  |  | $ | 23,594 |
Earnout provision |  | 757 |  |  | — |  |  | 757 |
Total Consideration |  | 24,348 |  |  | 3 |  |  | 24,351 |
Fair value of assets acquired: |  |  |  |  |  |
Cash and cash equivalents |  | 390 |  |  | — |  |  | 390 |
Accounts receivable, including retainage |  | 3,128 |  |  | — |  |  | 3,128 |
Contract assets |  | 233 |  |  | — |  |  | 233 |
Other current assets |  | 64 |  |  | — |  |  | 64 |
Property and equipment |  | 548 |  |  | — |  |  | 548 |
Intangible assets |  | 10,100 |  |  | — |  |  | 10,100 |
Amount attributable to assets acquired |  | 14,463 |  |  | — |  |  | 14,463 |
Fair value of liabilities assumed: |  |  |  |  |  |
Accounts payable, including retainage |  | 291 |  |  | — |  |  | 291 |
Accrued expenses and other current liabilities |  | 461 |  |  | — |  |  | 461 |
Contract liabilities |  | 480 |  |  | — |  |  | 480 |
Amount attributable to liabilities assumed |  | 1,232 |  |  | — |  |  | 1,232 |
Goodwill |  | $ | 11,117 |  |  | $ | 3 |  |  | $ | 11,120 |
(1) Measurement period adjustments recorded during the first half of 2025 included changes in the total cash consideration for the Consolidated Mechanical Transaction, resulting in a net increase less than $0.1 million to goodwill. The measurement period adjustments related to certain working capital adjustments made in connection with the finalization of the transaction’s closing date cash consideration. The following table summarizes the purchase price and estimated fair values of assets acquired and liabilities assumed as of the Kent Island Effective Date, with any excess of purchase price over estimated fair value of the identified net assets acquired recorded as goodwill.
(in thousands) |  | Purchase Price Allocation |  | Measurement Period Adjustments |  | Adjusted Purchase Price Allocation
Consideration: |  |  |  |  |  |
Cash(1) |  | $ | 14,603 |  |  | $ | 671 |  |  | $ | 15,274 |
Earnout provision |  | 4,381 |  |  |  |  | 4,381 |
Total Consideration |  | 18,984 |  |  | 671 |  |  | 19,655 |
Fair value of assets acquired: |  |  |  |  |  |
Cash and cash equivalents |  | 1,887 |  |  |  |  | 1,887 |
Accounts receivable, including retainage |  | 10,376 |  |  |  |  | 10,376 |
Contract assets(2) |  | 1,457 |  |  | (94) |  |  | 1,363 |
Property and equipment |  | 434 |  |  |  |  | 434 |
Intangible assets |  | 10,700 |  |  |  |  | 10,700 |
Amount attributable to assets acquired |  | 24,854 |  |  | (94) |  |  | 24,760 |
Fair value of liabilities assumed: |  |  |  |  |  |
Accounts payable, including retainage |  | 4,586 |  |  |  |  | 4,586 |
Accrued expenses and other current liabilities |  | 1,269 |  |  |  |  | 1,269 |
Contract liabilities |  | 4,828 |  |  |  |  | 4,828 |
Amount attributable to liabilities assumed |  | 10,683 |  |  | — |  |  | 10,683 |
Goodwill |  | $ | 4,813 |  |  | $ | 765 |  |  | $ | 5,578 |
(1) Measurement period adjustments recorded during the year-ended December 31, 2024 included changes in the total cash consideration for the Kent Island Transaction, resulting in a net increase of approximately $0.7 million to goodwill. The measurement period adjustments related to certain working capital adjustments made in connection with the finalization of the transactions closing date cash consideration. (2) Measurement period adjustments recorded during the first quarter of 2025 reflect changes to the fair value of contract assets acquired, resulting in a net increase of approximately $0.1 million to goodwill.
Schedule of Finite-Lived Intangible Assets | Intangible assets, net as of December 31, 2025 are detailed below.
(in thousands) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Intangible Assets |  | Weighted Average Useful Life (Years)
Trade name and trademarks |  | $ | 1,000 |  | $ | (316) |  | $ | 684 |  | 1.1
Customer relationships - ODR |  | 10,360 |  | (536) |  | 9,824 |  | 9.2
Customer relationships - GCR |  | 4,440 |  | (230) |  | 4,210 |  | 9.2
Backlog - ODR |  | 260 |  | (156) |  | 104 |  | 0.3
Backlog - GCR |  | 140 |  | (84) |  | 56 |  | 0.3
Total |  | $ | 16,200 |  | $ | (1,322) |  | $ | 14,878 |  | 8.7

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