Quarterly report [Sections 13 or 15(d)]

BUSINESS COMBINATIONS (Tables)

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BUSINESS COMBINATIONS (Tables)
 9 Months Ended
Sep. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Preliminary Purchase Consideration Allocation
The following table summarizes the preliminary fair values of assets acquired and liabilities assumed as of the date of acquisition, July 13, 2026 (in thousands):
ASSETS ACQUIRED
Cash and cash equivalents $ 9,332 
Accounts receivable 16,106 
Inventories 9,024 
Prepaid expenses and other current assets 4,156 
Property and equipment 59,779 
Right-of-use assets 8,414 
Intangible assets 15,094 
Total identifiable assets acquired $ 121,905 
LIABILITIES ASSUMED
Accounts payable $ 4,954 
Accrued liabilities and other 5,460 
Deferred revenue 6,687 
Operating lease liabilities 6,135 
Deferred tax liabilities 11,174 
Total liabilities assumed $ 34,410 
Net identifiable assets acquired $ 87,495 
Goodwill 23,425 
Total purchase consideration $ 110,920 
Schedule of Identifiable Intangible Assets
The acquisition resulted in $15.1 million of identifiable intangible assets, which are included in other assets on the Company’s condensed consolidated balance sheets and consist of the following (in thousands):
Preliminary Fair Value Useful Life
Customer relationships $ 7,500 
1 to 4 Years
Operating certificates 3,700  Indefinite
Unpatented technology 3,655 
4 to 5 Years
Software 239 
3 Years
Total identifiable intangible assets $ 15,094