Reported results are split into Predecessor (Jan 1 to March 5) and Successor (March 6 to March 31) periods due to fresh start accounting. Predecessor period revenue was $88.4 million with net income of $107.9 million, largely driven by reorganization items. Successor period revenue was $41.6 million with a net loss of $1.3 million. Total liquidity as of March 31, 2026, stood at $46.9 million, including $11.2 million in cash and $35.7 million in credit facility availability. Full-year 2026 capital expenditure guidance is set at $20 to $30 million.