XML 15 R4.htm IDEA: XBRL DOCUMENT v3.25.2
Unaudited Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Procurement $ 33,002 $ 4,914 $ 123,179 $ 16,538
Facilities management 1,482 2,285 2,780 4,431
System integration 9,486 4,960 16,970 7,083
Total revenues 43,970 12,159 142,929 28,052
Cost of revenue 36,155 7,623 125,904 20,802
Gross profit 7,815 4,536 17,025 7,250
Operating expenses:        
Selling, general and administrative 4,735 2,719 9,622 5,108
Depreciation and amortization 844 117 1,054 188
Total operating expenses 5,579 2,836 10,676 5,296
Income from operations 2,236 1,700 6,349 1,954
Interest expense 859 378 2,327 706
Interest income (175) (106) (558) (205)
Pre-tax income 1,552 1,428 4,580 1,453
Income taxes 69 26 118 36
Net income $ 1,483 $ 1,402 $ 4,462 $ 1,417
Earnings per common share - Basic $ 0.06 $ 0.06 $ 0.19 $ 0.06
Earnings per common share - Diluted $ 0.06 $ 0.06 $ 0.17 $ 0.06