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Segment and Related Information | 12 Months Ended
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Dec. 31, 2025
Segment Reporting [Abstract] |
Segment and Related Information | Segment and Related Information Following the sale of the Fluids Systems segment in September 2024, we have one reportable segment. See Note 2 for financial information for our previously reported Fluids Systems segment, now reported as discontinued operations. The Company’s chief operating decision maker (“CODM”), its Chief Executive Officer, allocates resources and assesses financial performance on a consolidated basis. The Company’s operations, currently in the United States and United Kingdom, are substantially similar with respect to services provided, type of customers, and sourcing of materials. Resource allocations are based on the capacity of the Company’s existing rental fleet, manufacturing facility and current status of operations, including projected demand for our products and services in the industries and locations we serve. Consolidated income from continuing operations as presented in the consolidated statements of operations is used to measure performance. As such, management has determined that the Company functions as a single operating segment, and reports as a single reportable segment. The following table presents further disaggregated revenues by type:
| Year Ended December 31,
(In thousands) | 2025 |  | 2024 |  | 2023
Rental revenues | $ | 124,171 |  |  | $ | 89,512 |  |  | $ | 83,400 |
Service revenues | 59,538 |  |  | 56,273 |  |  | 66,554 |
Product sales revenues | 93,334 |  |  | 71,704 |  |  | 57,694 |
Total revenues | $ | 277,043 |  |  | $ | 217,489 |  |  | $ | 207,648 |
Service revenues in the table above include certain services performed that are directly related to mat rental operations. Such services include mat installation and removal, freight (hauling of mats), and direct labor related to such activities, and totaled $52 million, $46 million, and $46 million for 2025, 2024 and 2023, respectively. The following table presents further disaggregated revenues by geography, based on the country in which the sale originates:
| Year Ended December 31,
(In thousands) | 2025 |  | 2024 |  | 2023
United States | $ | 258,692 |  |  | $ | 203,379 |  |  | $ | 194,086 |
United Kingdom | 18,351 |  |  | 14,110 |  |  | 13,562 |
Total revenues | $ | 277,043 |  |  | $ | 217,489 |  |  | $ | 207,648 |
The following table presents disaggregated expense information:
| Year Ended December 31,
(In thousands) | 2025 |  | 2024 |  | 2023
Depreciation and amortization - Included in cost of revenues | $ | 23,525 |  |  | $ | 20,489 |  |  | $ | 20,868 |
Depreciation - Included in selling, general and administrative expenses | 2,012 |  |  | 2,167 |  |  | 2,728 |
Total depreciation and amortization | $ | 25,537 |  |  | $ | 22,656 |  |  | $ | 23,596 |
The following table presents long-lived assets, which includes property, plant and equipment and other long-term assets (including goodwill and other intangible assets), based on the country in which the assets are located:
| Year Ended December 31,
(In thousands) | 2025 |  | 2024 |  | 2023
United States | $ | 276,541 |  |  | $ | 248,262 |  |  | $ | 224,194 |
United Kingdom | 78,190 |  |  | 15,502 |  |  | 13,868 |
Total long-lived assets | $ | 354,731 |  |  | $ | 263,764 |  |  | $ | 238,062 |
The increase in long-lived assets in 2025 is primarily attributable to the expansion of our rental fleet assets as well as the November 2025 Grassform acquisition. For 2025, our three largest customers represented 19%, 15%, and 10%, respectively, of our revenues. For 2024, our largest customer represented 19% of our revenues. For 2023, no single customer accounted for more than 10% of our consolidated revenues.

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- Definition The entire disclosure for reporting segments including data and tables. 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