Annual report [Section 13 and 15(d), not S-K Item 405]

Summary of Significant Accounting Policies (Tables)

v3.25.4
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Schedule of Opening and Closing Balances of Accounts Receivables from Continuing Operations and Activity in Allowance for Credit Losses
The opening and closing balances of our accounts receivables from continuing operations are as follows (in thousands):
(in thousands) January 1, 2024 December 31, 2024 December 31, 2025
Accounts receivables, net $ 15,097  $ 12,232  $ 10,040 
Activity in the allowance for credit losses from continuing operations were as follows:
(in thousands) 2025 2024
Balance at beginning of period $ 202  $ 151 
Current period provision for expected credit losses 52  378 
Deductions from allowance (621) (327)
Other1
1,371  — 
Balance at end of period $ 1,004  $ 202 
1Remaining allowance for credit losses associated with the former Munhall facility. Receivables balance was fully reserved as of December 31, 2025 and 2024.
Schedule of Gross Carrying Amount and Accumulated Amortization of Intangible Assets
The gross carrying amount and accumulated amortization of intangible assets from continuing operations consist of the following:
2025 2024
(in thousands) Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization
Definite-lived intangible assets:
Customer related $ 5,100  $ (2,779) $ 5,100  $ (2,167)
Trademarks and trade names 150  (32) 150  (32)
Other 500  (106) 500  (106)
Total definite-lived intangible assets $ 5,750  $ (2,917) $ 5,750  $ (2,305)
Schedule of Estimated Amortization Expense
Estimated amortization expense for the next five fiscal years based on existing intangible assets is as follows:
(in thousands)
2026 $ 468 
2027 375 
2028 310 
2029 278 
2030 249 
Thereafter 1,153 
Total $ 2,833