Annual report [Section 13 and 15(d), not S-K Item 405]

Segment Reporting (Tables)

v3.25.4
Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Summary of Significant Segment Expenses
The following table reflects certain financial data of the Company’s reportable segments and includes the reconciliation to net income (loss) from continuing operations before income taxes.
For the Years Ended
December 31, 2025 December 31,
2024
Logistics:
Revenue $ 176,793  $ 146,817 
Cost of revenue 140,162  117,228 
Gross profit $ 36,631  $ 29,589 
Clinical:
Revenue $ 20,348  $ — 
Cost of revenue 15,853  — 
Gross profit $ 4,495  $ — 
Consolidated:
Revenue $ 197,141  $ 146,817 
Cost of revenue 156,015  117,228 
Gross profit $ 41,126  $ 29,589 
Reconciliation:
For the Years Ended
December 31, 2025 December 31,
2024
Gross profit $ 41,126  $ 29,589 
Less:
Selling, general and administrative
60,875  50,856 
Amortization of intangible assets
2,604  1,258 
Operating loss from continuing operations (22,353) (22,525)
Less:
Interest income 4,241  7,214 
Change in fair value of warrant liabilities 4,278  (850)
Change in fair value of assets and other liabilities (1,037) — 
Realized loss from sales of short-term investments (5,195) — 
Loss from continuing operations before income taxes $ (20,066) $ (16,161)

December 31, 2025 December 31,
2024
Goodwill
Logistics $ 15,540  $ 15,540 
Clinical 72,670  — 
Total Goodwill $ 88,210  $ 15,540