v3.25.2
Unaudited Condensed Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Total
Common Stock Issued
Additional Paid-in Capital
Accumulated Other Comprehensive Loss
Retained Deficit
Treasury stock
Balance at beginning of period (in shares) at Dec. 31, 2023 [1]   16,695,207        
Beginning balance at Dec. 31, 2023 $ 1,709,124 $ 2 [1] $ 2,348,570 [1] $ (11,778) $ (499,307) $ (128,363) [1]
Balance at beginning of period (in shares) at Dec. 31, 2023 [1]           (487,223)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock Incentive Plans (in shares) [1]   153,822        
Stock Incentive Plans 12,885   12,885 [1]      
Tax withholding related to vesting of equity awards (3,355)   (3,355) [1]      
(Loss) Gains arising during the period on Interest rate swaps 7,556     7,556    
Reclassification adjustments for (losses) gains included in net income (loss) (interest expense) 3,101     3,101    
Repurchase of common stock (in shares) [1]           (255,636)
Repurchase of common stock (10,370)         $ (10,370) [1]
Issuance of common stock in connection with employee stock purchase plan (in shares) [1]   36,925        
Issuance of common stock in connection with employee stock purchase plan 839   839 [1]      
Net loss (1,116,416)       (1,116,416)  
Balance at end of period (in shares) at Jun. 30, 2024 [2]   16,885,954        
Ending balance at Jun. 30, 2024 603,364 $ 2 [2] 2,358,939 [1] (1,121) (1,615,723) $ (138,733) [1]
Balance at end of period (in shares) at Jun. 30, 2024 [2]           (742,859)
Balance at beginning of period (in shares) at Mar. 31, 2024 [2]   16,847,492        
Beginning balance at Mar. 31, 2024 1,170,382 $ 2 [2] 2,351,345 [2] (3,236) (1,038,996) $ (138,733) [2]
Balance at beginning of period (in shares) at Mar. 31, 2024 [2]           (742,859)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock Incentive Plans (in shares) [2]   17,214        
Stock Incentive Plans 7,266   7,266 [2]      
Tax withholding related to vesting of equity awards (3)   (3) [2]      
(Loss) Gains arising during the period on Interest rate swaps 593     593    
Reclassification adjustments for (losses) gains included in net income (loss) (interest expense) 1,522     1,522    
Issuance of common stock in connection with employee stock purchase plan (in shares) [2]   21,248        
Issuance of common stock in connection with employee stock purchase plan 331   331 [2]      
Net loss (576,727)       (576,727)  
Balance at end of period (in shares) at Jun. 30, 2024 [2]   16,885,954        
Ending balance at Jun. 30, 2024 $ 603,364 $ 2 [2] 2,358,939 [1] (1,121) (1,615,723) $ (138,733) [1]
Balance at end of period (in shares) at Jun. 30, 2024 [2]           (742,859)
Balance at beginning of period (in shares) at Dec. 31, 2024 16,187,968 16,930,827 [1]        
Beginning balance at Dec. 31, 2024 $ 84,022 $ 2 [1] 2,372,954 [1] (5,063) (2,145,138) $ (138,733) [1]
Balance at beginning of period (in shares) at Dec. 31, 2024 (742,859)         (742,859) [1]
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock Incentive Plans (in shares) [1]   259,648        
Stock Incentive Plans $ 13,035   13,035 [1]      
Tax withholding related to vesting of equity awards (2,884)   (2,884) [1]      
(Loss) Gains arising during the period on Interest rate swaps (321)     (321)    
Reclassification adjustments for (losses) gains included in net income (loss) (interest expense) (550)     (550)    
Issuance of common stock in connection with employee stock purchase plan (in shares) [1]   24,510        
Issuance of common stock in connection with employee stock purchase plan 749   749 [1]      
Net loss $ (133,959)       (133,959)  
Balance at end of period (in shares) at Jun. 30, 2025 16,472,126 17,214,985 [2]        
Ending balance at Jun. 30, 2025 $ (39,908) $ 2 [2] 2,383,854 [1] (5,934) (2,279,097) $ (138,733) [2]
Balance at end of period (in shares) at Jun. 30, 2025 (742,859)         (742,859) [2]
Balance at beginning of period (in shares) at Mar. 31, 2025 [2]   17,205,648        
Beginning balance at Mar. 31, 2025 $ 14,825 $ 2 [2] 2,376,700 [2] (6,687) (2,216,457) $ (138,733) [2]
Balance at beginning of period (in shares) at Mar. 31, 2025 [2]           (742,859)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock Incentive Plans (in shares) [2]   (560)        
Stock Incentive Plans 6,706   6,706 [2]      
(Loss) Gains arising during the period on Interest rate swaps 1,009     1,009    
Reclassification adjustments for (losses) gains included in net income (loss) (interest expense) (256)     (256)    
Issuance of common stock in connection with employee stock purchase plan (in shares) [2]   9,897        
Issuance of common stock in connection with employee stock purchase plan 448   448 [2]      
Net loss $ (62,640)       (62,640)  
Balance at end of period (in shares) at Jun. 30, 2025 16,472,126 17,214,985 [2]        
Ending balance at Jun. 30, 2025 $ (39,908) $ 2 [2] $ 2,383,854 [1] $ (5,934) $ (2,279,097) $ (138,733) [2]
Balance at end of period (in shares) at Jun. 30, 2025 (742,859)         (742,859) [2]
[1]
(1)Shares, common stock and additional paid-in capital have been retroactively adjusted for all periods presented to reflect the one-for-forty (1-for-40) reverse stock split that became effective on September 20, 2024. See Note 1 General Information and Basis of Accounting.
[2]
(1)Shares, common stock and additional paid-in capital have been retroactively adjusted for all periods presented to reflect the one-for-forty (1-for-40) reverse stock split that became effective on September 20, 2024. See Note 1 General Information and Basis of Accounting.