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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Dec. 31, 2022
Revenue, net:        
Revenue, net $ 36,974 $ 40,799 $ 152,034 $ 129,556
Operating costs and expenses:        
Selling, general, and administrative expense 17,942 18,423 68,264 51,566
Depreciation and amortization expense 5,365 5,015 20,352 19,709
Total operating costs and expenses 31,844 32,878 124,135 104,279
Income (loss) from operations 5,130 7,921 27,899 25,277
Other expense, net:        
Interest expense, net (182) (573) (1,103) (477)
Gain (loss) on sale of property 0 69 101 127
Loss on asset disposal (9) 0 (489) 0
Unrealized gain (loss) on equity securities 249 (33) (255) 234
Other expense, net     (6,359) (384)
Other income (expense), net (1,125) 40    
Total other expense, net (1,067) (497) (8,105) (500)
Income before income tax expense 4,063 7,424 19,794 24,777
Income tax expense (937) (1,723) (5,046) (3,698)
Net income 3,126 5,701 14,748 21,080
Accumulated dividends on redeemable convertible preferred stock 0 314 314 1,189
Net income available to common shareholders $ 3,126 $ 5,387 $ 14,434 $ 19,891
Basic earnings per share $ 0.11 $ 0.45 $ 0.67 $ 1.66
Diluted earnings per share $ 0.11 $ 0.29 $ 0.59 $ 1.07
Basic weighted-average common shares outstanding [1] 29,768,568 11,951,137 21,421,610 11,951,137
Diluted weighted-average common shares outstanding [1] 29,768,568 19,677,507 25,131,024 19,677,507
Comprehensive income:        
Net income $ 3,126 $ 5,701 $ 14,748 $ 21,080
Foreign currency translation adjustment, net of tax (511) 0 (114) 173
Net comprehensive income 2,615 5,701 14,634 21,253
Tool Rental        
Revenue, net:        
Revenue, net 29,966 32,276 119,239 99,018
Operating costs and expenses:        
Operating costs and expenses 7,001 8,137 30,960 27,581
Product Sale        
Revenue, net:        
Revenue, net 7,008 8,523 32,795 30,538
Operating costs and expenses:        
Operating costs and expenses $ 1,536 $ 1,303 $ 4,559 $ 5,423
[1] Shares of legacy redeemable convertible preferred stock and legacy common stock have been retroactively restated to give effect to the Merger.