Stockholders' Equity (Deficit) (Tables)
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3 Months Ended |
Mar. 31, 2025 |
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| Equity [Abstract] |
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| Schedule of Accumulated Other Comprehensive Loss |
The following table shows the components of accumulated other comprehensive loss, net of income taxes, (“AOCI”) in the stockholders’ equity section of our condensed consolidated balance sheets at the dates indicated (in thousands): | | | | | | | | | | | | | | | | | March 31, 2025 | | December 31, 2024 | | Unrealized foreign currency translation adjustment, net of realized amounts reclassified into loss from divestitures of businesses | | $ | (18,193) | | | $ | (26,172) | | | | | | | | Unrealized translation losses on intercompany loans with foreign subsidiaries, net of taxes | | (4,979) | | | (6,477) | | | Unrealized gains on interest rate swaps, net of amounts reclassified into interest expense, net | | 6,590 | | | 9,033 | | | Realized gain on interest rate swap sale, net of amounts reclassified into interest expense, net | | 179 | | | 1,626 | | | Total accumulated other comprehensive loss | | $ | (16,403) | | | $ | (21,990) | |
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| Schedule of PRSU Activity |
The following table summarizes PSU and RSU activity during the three months ended March 31, 2025: | | | | | | | | | | | | | | | | | Number of Units | | Weighted-Average Grant Date Fair Value | | Unvested restricted units outstanding as of December 31, 2024 | | 2,277,132 | | | $ | 5.36 | | | Granted | | 1,455,000 | | | 5.88 | | | Vested | | (475,744) | | | 5.17 | | | Forfeited | | (227,210) | | | 4.51 | | | Unvested restricted units outstanding as of March 31, 2025 | | 3,029,178 | | | $ | 5.70 | |
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| Schedule of RSU activity |
The following table summarizes PSU and RSU activity during the three months ended March 31, 2025: | | | | | | | | | | | | | | | | | Number of Units | | Weighted-Average Grant Date Fair Value | | Unvested restricted units outstanding as of December 31, 2024 | | 2,277,132 | | | $ | 5.36 | | | Granted | | 1,455,000 | | | 5.88 | | | Vested | | (475,744) | | | 5.17 | | | Forfeited | | (227,210) | | | 4.51 | | | Unvested restricted units outstanding as of March 31, 2025 | | 3,029,178 | | | $ | 5.70 | |
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| Schedule of Valuation Assumptions |
The significant assumptions used in the Monte Carlo simulation model for the PSUs granted during the three months ended March 31, 2025 was as follows: | | | | | | | | | | Expected volatility | | 81.9% | | Risk-free interest rate | | 4.2% | | Remaining performance period (in years) | | 3.08 | | Dividend yield | | — |
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| Schedule of Allocated Share-Based Compensation Expense |
The Company recognizes stock-based compensation expense from all awards in the following expense categories included in our condensed consolidated statements of income (in thousands): | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, | | | | | 2025 | | 2024 | | | | | | Cost of revenue | | $ | 121 | | | $ | 186 | | | | | | | Research and development | | 290 | | | 606 | | | | | | | Sales and marketing | | 252 | | | 397 | | | | | | | General and administrative | | 2,012 | | | 2,333 | | | | | | | Total | | $ | 2,675 | | | $ | 3,522 | | | | | |
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