v3.25.1
Variable Interest Entities (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]    
Schedule of Variable Interest Entities

The Company’s condensed consolidated balance sheets (unaudited) include the following assets and liabilities of these VIEs:

 

 

March 31,
2025

 

 

December 31,
2024

 

Cash

 

$

703

 

 

$

737

 

Property and equipment, net

 

 

57,904

 

 

 

61,769

 

Long-term notes payable, current portion

 

 

7,636

 

 

 

7,690

 

Long-term notes payable, non-current portion

 

 

26,836

 

 

 

29,619

 

 

The Company’s condensed consolidated statements of operations and comprehensive loss (unaudited) include the following expenses of these VIEs:

 

 

Three Months Ended March 31,

 

 

2025

 

 

2024

 

Interest expense

 

$

476

 

 

$

512

 

Depreciation and amortization

 

 

1,080

 

 

 

1,752

 

The Company’s consolidated balance sheets include the following assets and liabilities of these VIEs:

 

(in thousands)

 

December 31,
2024

 

December 31,
2023

Cash

$

737

 

805

Property and equipment, net

 

61,769

 

69,815

Long-term notes payable, current portion

 

7,690

 

3,087

Long-term notes payable, non-current portion

 

29,619

 

37,404

 

The Company’s consolidated statements of operations and comprehensive loss include the following expenses of these VIEs:

 

 

 

Year Ended December 31,

(in thousands)

 

2024

 

 

2023

Interest expense

$

1,981

 

$

2,147

Depreciation and amortization

 

6,049

 

 

7,519