Quarterly report [Sections 13 or 15(d)]

Discontinued Operations (Tables)

v3.26.3
Discontinued Operations (Tables)
 9 Months Ended
Sep. 30, 2026
Discontinued Operations and Disposal Groups [Abstract]  
Summary of Discontinued Operations Financial Information

The following table summarizes the major line items for the Rental Business that are included in loss from discontinued operations, net of tax in the consolidated statements of comprehensive loss for each of the periods presented:

 

 

 

Three months ended
September 30,

 

 

Nine months ended
September 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Rental revenue

 

$

11,313

 

 

$

13,300

 

 

$

35,578

 

 

$

40,215

 

Cost of rental revenue

 

 

6,935

 

 

 

8,149

 

 

 

20,867

 

 

 

23,441

 

Gross profit

 

 

4,378

 

 

 

5,151

 

 

 

14,711

 

 

 

16,774

 

Operating expense

 

 

 

 

 

 

 

 

 

 

 

 

   Sales and marketing

 

 

3,817

 

 

 

4,810

 

 

 

11,758

 

 

 

13,336

 

  General and administrative

 

 

1,922

 

 

 

2,022

 

 

 

5,864

 

 

 

5,883

 

Total operating expense

 

 

5,739

 

 

 

6,832

 

 

 

17,622

 

 

 

19,219

 

Loss from discontinued operations, net of tax

 

$

(1,361

)

 

$

(1,681

)

 

$

(2,911

)

 

$

(2,445

)

 

 

 

 

 

The following table summarizes the carrying amounts of major classes of assets and liabilities for the Rental Business that are included in assets and liabilities of discontinued operations in consolidated balance sheets for each of the periods presented:

 

 

 

September 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Accounts receivable, net

 

 

-

 

 

 

4,725

 

Property and equipment, net

 

 

20,574

 

 

 

26,299

 

Other assets

 

 

-

 

 

 

1,266

 

Total assets

 

$

20,574

 

 

$

32,290

 

Accounts payable and accrued expenses

 

$

-

 

 

$

2,571

 

Deferred revenue

 

 

-

 

 

 

2,286

 

Total liabilities

 

$

-

 

 

$

4,857