v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 1,374 $ 4,907
Short-term investments 370 370
Accounts receivable, net 19,440 9,389
Prepaid expenses and other current assets 6,667 7,169
Total current assets 27,851 21,835
Property and equipment 253,620 254,017
Less accumulated depreciation (220,373) (223,242)
Property and equipment, net 33,247 30,775
Operating lease right-of-use assets 2,939 3,036
Intangibles, net 359 364
Total assets 64,396 56,010
Current liabilities:    
Accounts payable 9,127 9,578
Accrued liabilities:    
Payroll costs and other taxes 2,211 1,474
Other 1,361 994
Deferred revenue 6,370 7,477
Current maturities of notes payable and finance leases 7,319 6,232
Current maturities of operating lease liabilities 1,087 1,082
Total current liabilities 27,475 26,837
Long-term liabilities:    
Notes payable and finance leases, net of current maturities 11,726 11,324
Operating lease liabilities, net of current maturities 1,848 2,024
Deferred tax liabilities, net 17 17
Total liabilities 41,066 40,202
Commitments and contingencies
Stockholders' equity:    
Preferred stock-par value $1.00 per share; 4,000,000 shares authorized, none outstanding
Common stock-par value $0.01 per share; 35,000,000 shares authorized, 31,052,840 shares issued and outstanding at March 31, 2026 and December 31, 2025 311 311
Additional paid-in capital 157,201 157,154
Accumulated deficit (131,899) (139,560)
Accumulated other comprehensive loss, net (2,283) (2,097)
Total stockholders' equity 23,330 15,808
Total liabilities and stockholders' equity $ 64,396 $ 56,010