v3.25.4
OTHER EXPENSE, NET
 12 Months Ended
Dec. 31, 2025
Other Income and Expenses [Abstract]  
OTHER EXPENSE, NET
12. OTHER EXPENSE, NET
The table below sets forth the Other expense, net for the years ended December 31, 2025, 2024 and 2023:
(In thousands)202520242023
Infineum termination fee, net$— $— $(10.9)
Patent infringement settlement gain, net— (20.0)— 
Loss on foreign currency remeasurement7.1 7.7 5.7 
Loss on extinguishment of debt and modification3.2 14.3 29.9 
Other, net(0.9)2.0 0.7 
Other expense, net$9.4 $4.0 $25.4 


Patent infringement settlement gain, net
During the fourth quarter of 2024, the Company settled patent infringement litigation and received net proceeds of $20.0 million.

Infineum termination fee, net
On October 11, 2022, the Company and Infineum entered into a definitive agreement for the sale of the Company’s PIM business. On February 10, 2023, the Company terminated the definitive agreement. In accordance with the terms of the definitive agreement, the Company received a $12.0 million termination fee from Infineum in the first quarter of 2023 and incurred a transaction fee of $1.1 million to the third-party financial adviser it had engaged to assist with the transaction.