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STRATEGIC REVIEW AND RELATED EXPENSES
9 Months Ended
Sep. 30, 2025
Other Income and Expenses [Abstract]  
STRATEGIC REVIEW AND RELATED EXPENSES STRATEGIC REVIEW AND RELATED EXPENSES
During the first quarter of 2024, the Company announced that the Board had initiated a review of strategic alternatives for the DynaEnergetics and NobelClad segments. In conjunction with the Board’s consideration of various strategic, business, and financial alternatives, the Company incurred significant expenses. In October 2024, the Company announced that the Board was no longer actively marketing the DynaEnergetics and NobelClad segments. However, in response to subsequent inquiries and actions of certain stockholders, the Company has continued to incur significant expenses as the Board satisfies its fiduciary obligations with respect to such inquiries. During the three months ended September 30, 2025, such expenses incurred were $303 and related primarily to professional service fees. During the nine months ended September 30, 2025, strategic review and related expenses were $2,376, and primarily included $1,786 in professional service fees and $366 in employee retention compensation, including $36 of stock-based compensation.
During the three months ended September 30, 2024, strategic review expenses incurred were $1,763 and primarily included $1,045 in professional service fees and $709 in employee retention compensation, including $101 of stock-based compensation. During the nine months ended September 30, 2024, strategic review and related expenses incurred were $5,952 and primarily included $3,189 in professional service fees and $2,060 in employee retention compensation, including $279 of stock-based compensation.