Quarterly report [Sections 13 or 15(d)]

Revenue (Tables)

v3.25.2
Revenue (Tables)
 6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue

Schedule of Disaggregation of Revenue

                         
Revenue by Contract Type                                    
(In thousands)   Three Months Ended     Three Months Ended  
    June 30, 2025     June 30, 2024  
    Treatment     Services     Total     Treatment     Services     Total  
Fixed price   $ 11,397     $ 877     $ 12,274     $ 8,343     $ 4,755     $ 13,098  
Time and materials     —       2,312       2,312        —       888       888  
Total   $ 11,397     $ 3,189     $ 14,586     $ 8,343     $ 5,643     $ 13,986  

 

                         
Revenue by Contract Type                                    
(In thousands)   Six Months Ended     Six Months Ended  
    June 30, 2025     June 30, 2024  
    Treatment     Services     Total     Treatment     Services     Total  
Fixed price   $ 20,583     $ 3,807     $ 24,390     $ 17,052     $ 9,069     $ 26,121  
Time and materials      —        4,115       4,115        —       1,482       1,482  
Total   $ 20,583     $ 7,922     $ 28,505     $ 17,052     $ 10,551     $ 27,603  

 

                         
Revenue by generator                                    
(In thousands)   Three Months Ended     Three Months Ended  
    June 30, 2025     June 30, 2024  
    Treatment     Services     Total     Treatment     Services     Total  
Domestic government   $ 7,146     $ 2,752     $ 9,898     $ 6,252     $ 4,168     $ 10,420  
Domestic commercial     3,323       333       3,656       1,721       1,363       3,084  
Foreign government     617       70       687       1       88       89  
Foreign commercial     311       34       345       369       24       393  
Total   $ 11,397     $ 3,189     $ 14,586     $ 8,343     $ 5,643     $ 13,986  

 

                         
Revenue by generator                                    
(In thousands)   Six Months Ended     Six Months Ended  
    June 30, 2025     June 30, 2024  
    Treatment     Services     Total     Treatment     Services     Total  
Domestic government   $ 12,396       7,286     $ 19,682     $ 12,013     $ 8,471     $ 20,484  
Domestic commercial     4,790       444       5,234       4,222       1,867       6,089  
Foreign government     2,824       124       2,948       1       167       168  
Foreign commercial     573       68       641       816       46       862  
Total   $ 20,583     $ 7,922     $ 28,505     $ 17,052     $ 10,551     $ 27,603  
Schedule of Contract Balances

                Year-to-date     Year-to-date  
(In thousands)   June 30, 2025     December 31, 2024     Change ($)     Change (%)  
Contract assets                                
Unbilled receivables - current   $ 6,287     $ 4,990     $ 1,297       26.0 %
                                 
Contract liabilities                                
Deferred revenue   $ 6,982     $ 6,711     $ 271       4.0 %

 

                Year-to-date     Year-to-date  
(In thousands)   June 30, 2024     December 31, 2023     Change ($)     Change (%)  
Contract assets                                
Unbilled receivables - current   $ 7,076     $ 8,432     $ (1,356 )     -16.1 %
                                 
Contract liabilities                                
Deferred revenue   $ 5,818     $ 6,815     $ (997 )     -14.6 %
Schedule of Changes in Accounts Receivable, Net of Credit Losses

The following table represents changes in accounts receivable, net of credit losses, for the periods noted:

 

                Year-to-date     Year-to-date  
(In thousands)   June 30, 2025     December 31, 2024     Change ($)     Change (%)  
                         
Accounts Receivable (net)   $ 8,559     $ 11,579     $ (3,020 )     -26.1 %

 

                      Year-to-date       Year-to-date  
      June 30, 2024       December 31, 2023       Change ($)       Change (%)  
                                 
Accounts Receivable (net)   $ 6,423     $ 9,722     $ (3,299 )     -33.9 %