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RELATED PARTY TRANSACTIONS
 12 Months Ended
Dec. 31, 2025
RELATED PARTY TRANSACTIONS  
RELATED PARTY TRANSACTIONS

18. RELATED PARTY TRANSACTIONS

Bell Mobile Homes (“Bell”), a retailer owned by one of the Company’s significant stockholders, purchases manufactured homes from the Company. Accounts receivable balances due from Bell were $613 and $115 as of December 31, 2025 and 2024, respectively. Accounts payable balances due to Bell were $103 and $58 as of December

31, 2025 and 2024, respectively. Home sales to Bell were $4.8 million and $5.7 million for the years ended December 31, 2025 and 2024, respectively.

Shipley Bros., Ltd. And Crazy Red’s Mobile Homes (together, “Shipley”), retailers owned by one of the Company’s significant shareholders, purchase manufactured homes from the Company. Accounts receivable balances due from Shipley were $140 and $78 as of December 31, 2025 and 2024, respectively. Accounts payable balances due to Shipley were $36 and $22 as of December 31, 2025 and 2024. Home sales to Shipley were $2.1 million and $2.5 million for the years ended December 31, 2025 and 2024, respectively.

At December 31, 2025, we have outstanding receivables of $1.5 million from, and outstanding payables of $800 to, an entity affiliated with one of our employees. These amounts related to the business operations of AmeriCasa Solutions between the date of acquisition and year-end.