Quarterly report [Sections 13 or 15(d)]

Discontinued Operations (Tables)

v3.26.1
Discontinued Operations (Tables)
 3 Months Ended
Mar. 31, 2026
Discontinued Operations and Disposal Groups [Abstract]  
Summary of Discontinued Operations
The following table summarizes the results of operations of the Passenger business which are presented as discontinued operations:
Three Months Ended March 31,
2026 2025
Revenue $ —  $ 18,358 
Cost of revenue
 —  14,314 
Gross profit —  4,044 
Operating expenses:
Selling, general and administrative
 —  5,685 
Amortization of intangible assets
 —  257 
Total operating expenses
 —  5,942 
Operating loss —  (1,898)
Interest expense —  — 
Change in gain on sale and disposal of discontinued operations (344) — 
Loss from discontinued operations before income taxes
 (344) (1,898)
Income tax benefit on discontinued operations (96) (17)
Net loss from discontinued operations $ (248) $ (1,881)
The following table presents depreciation and amortization, capital expenditures and other non-cash operating activities of the discontinued operations related to the Passenger business:
Three Months Ended March 31,
2026 2025
Depreciation and amortization
 $ —  $ 473 
Stock-based compensation —  402 
Change in gain on sale of Passenger business (344) —