v3.25.2
Consolidated Statements of Stockholders’ Deficit - USD ($)
$ in Thousands
Total
Restricted stock units
Performance-based restricted stock units
Common Stock
Class A common stock
Common Stock
Class A common stock
Restricted stock units
Common Stock
Class A common stock
Performance-based restricted stock units
Common Stock
Class B common stock
Additional Paid-In- Capital
Additional Paid-In- Capital
Restricted stock units
Additional Paid-In- Capital
Performance-based restricted stock units
Accumulated deficit
Non- Controlling Interest
Beginning balance (in shares) at Dec. 31, 2023       47,360,454     18,070,829          
Beginning balance at Dec. 31, 2023 $ (94,425)     $ 474     $ 181 $ 511,613     $ (522,562) $ (84,131)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Exchange of non-controlling interest for Class A common stock (in shares)       3,057,000     (3,057,000)          
Exchange of non-controlling interest for Class A common stock 0     $ 31     $ (31) (14,280)       14,280
Vesting of restricted stock units (in shares)         407,803              
Vesting of restricted stock units   $ 0     $ 3       $ (3)      
Equity-based compensation 8,582             8,575       7
Shares withheld on tax withholding on vesting of restricted stock units (1,956)             (1,956)        
Distributions to non-controlling interests (113)                     (113)
Net (loss) income (1,491)                   (1,113) (378)
Ending balance (in shares) at Mar. 31, 2024       50,825,257     15,013,829          
Ending balance at Mar. 31, 2024 (89,403)     $ 508     $ 150 503,949     (523,675) (70,335)
Beginning balance (in shares) at Dec. 31, 2023       47,360,454     18,070,829          
Beginning balance at Dec. 31, 2023 (94,425)     $ 474     $ 181 511,613     (522,562) (84,131)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net (loss) income 2,929                      
Ending balance (in shares) at Jun. 30, 2024       54,729,353     11,574,029          
Ending balance at Jun. 30, 2024 (77,970)     $ 547     $ 116 494,995     (520,055) (53,573)
Beginning balance (in shares) at Mar. 31, 2024       50,825,257     15,013,829          
Beginning balance at Mar. 31, 2024 (89,403)     $ 508     $ 150 503,949     (523,675) (70,335)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Exchange of non-controlling interest for Class A common stock (in shares)       3,439,800     (3,439,800)          
Exchange of non-controlling interest for Class A common stock 0     $ 34     $ (34) (16,104)       16,104
Vesting of restricted stock units (in shares)       464,296                
Vesting of restricted stock units 0     $ 5       (5)        
Equity-based compensation 8,882             8,876       6
Shares withheld on tax withholding on vesting of restricted stock units (1,721)             (1,721)        
Contributions from QLH’s members 756                     756
Distributions to non-controlling interests (904)                     (904)
Net (loss) income 4,420                   3,620 800
Ending balance (in shares) at Jun. 30, 2024       54,729,353     11,574,029          
Ending balance at Jun. 30, 2024 (77,970)     $ 547     $ 116 494,995     (520,055) (53,573)
Beginning balance (in shares) at Dec. 31, 2024       55,456,104     11,574,029          
Beginning balance at Dec. 31, 2024 (46,232)     $ 555     $ 116 507,640     (505,933) (48,610)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Vesting of restricted stock units (in shares)         299,544 139,998            
Vesting of restricted stock units   $ 0 $ 1,649   $ 3 $ 1     $ (3) $ 1,648    
Equity-based compensation 6,707             6,707        
Shares withheld on tax withholding on vesting of restricted stock units (867)             (867)        
Distributions to non-controlling interests (107)                     (107)
Net (loss) income (2,334)                   (1,948) (386)
Ending balance (in shares) at Mar. 31, 2025       55,895,646     11,574,029          
Ending balance at Mar. 31, 2025 (41,184)     $ 559     $ 116 515,125     (507,881) (49,103)
Beginning balance (in shares) at Dec. 31, 2024       55,456,104     11,574,029          
Beginning balance at Dec. 31, 2024 (46,232)     $ 555     $ 116 507,640     (505,933) (48,610)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net (loss) income (24,867)                      
Ending balance (in shares) at Jun. 30, 2025       56,370,303     11,574,029          
Ending balance at Jun. 30, 2025 (56,957)     $ 564     $ 116 522,169     (526,623) (53,183)
Beginning balance (in shares) at Mar. 31, 2025       55,895,646     11,574,029          
Beginning balance at Mar. 31, 2025 (41,184)     $ 559     $ 116 515,125     (507,881) (49,103)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Vesting of restricted stock units (in shares)       474,657                
Vesting of restricted stock units 0     $ 5       (5)        
Equity-based compensation 8,112             8,112        
Shares withheld on tax withholding on vesting of restricted stock units (1,063)             (1,063)        
Contributions from QLH’s members 391                     391
Distributions to non-controlling interests (680)                     (680)
Net (loss) income (22,533)                   (18,742) (3,791)
Ending balance (in shares) at Jun. 30, 2025       56,370,303     11,574,029          
Ending balance at Jun. 30, 2025 $ (56,957)     $ 564     $ 116 $ 522,169     $ (526,623) $ (53,183)