v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating revenues $ 36,699 $ 16,078
Operating expenses    
Total operating expenses 23,621 11,779
General and administrative 2,941 1,994
Depreciation and amortization 1,997 1,271
Total operating costs 28,559 15,044
Income from operations 8,140 1,034
Other income (expense):    
Interest income 9 4
Interest expense (501) (76)
Other income, net 23 33
Income before income tax 7,671 995
Income tax expense (10) (3)
Net income 7,661 992
Other comprehensive income (loss):    
Net unrealized loss on foreign exchange rate translation (186) (30)
Comprehensive income $ 7,475 $ 962
Basic income per share of common stock (in dollars per share) $ 0.25 $ 0.03
Diluted income per share of common stock (in dollars per share) $ 0.25 $ 0.03
Weighted average equivalent common shares outstanding (in shares) 31,052,840 30,983,445
Weighted average equivalent common shares outstanding - assuming dilution (in shares) 31,107,820 31,035,189
Fee Revenue    
Operating revenues $ 32,508 $ 15,259
Operating expenses    
Total operating expenses 19,430 10,960
Reimbursable Revenue    
Operating revenues 4,191 819
Operating expenses    
Total operating expenses $ 4,191 $ 819