v3.25.4
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating activities:      
Net income (loss) $ 27,274 $ (47,049) $ (195,625)
Less: Loss from discontinued operations, net of tax 0 0 (74,429)
Income (loss) from continuing operations 27,274 (47,049) (121,196)
Adjustments to reconcile net income (loss) to net cash from operating activities:      
Depreciation and amortization 47,011 49,555 57,365
Provision (benefit) for expected credit losses 1,256 (434) (1,103)
Equity-based compensation 12,673 13,274 2,722
Change in fair value of contingent consideration 0 1,423 719
Impairments of assets 0 36,357 78,615
Loss on extinguishment 326 0 0
Loss on disposals 81 292 3,577
Deferred income taxes (909) (5,394) (2,377)
Unrealized (gain) loss on foreign currency fluctuations (360) (259) 665
Other, net 1,161 2,810 1,707
Changes in operating assets and liabilities:      
Accounts receivable (916) (10,666) 10,055
Inventory 8,569 (16,435) (5,991)
Accounts payable and accrued expenses (19,814) 17,846 (5,275)
Other current and noncurrent assets and liabilities (1,679) (2,525) (1,970)
Net cash from operating activities - continuing operations 74,673 38,795 17,513
Net cash from operating activities - discontinued operations 0 0 (2,169)
Net cash from operating activities 74,673 38,795 15,344
Investing activities:      
(Settlement) proceeds from the sale of a business (686) 24,678 34,675
Purchase of property and equipment (2,562) (1,006) (7,362)
Investments and acquisition of distribution rights 0 (709) 0
Net cash from investing activities - continuing operations (3,248) 22,963 27,313
Net cash from investing activities - discontinued operations 0 0 (11,506)
Net cash from investing activities (3,248) 22,963 15,807
Financing activities:      
Proceeds from issuance of Class A and B common stock 2,074 2,442 778
Tax withholdings on equity-based compensation (9) 0 0
Receipt of deferred consideration 0 4,500 0
Payment of contingent consideration (19,771) 0 0
Borrowing on revolver 45,000 0 64,000
Payment on revolver (45,000) (15,000) (49,000)
Proceeds from the issuance of long-term debt, net of discount 31,907 0 0
Payments on the extinguishment of long-term debt (65,765) 0 0
Debt financing costs (697) (1,180) (3,661)
Payments on long-term debt (9,052) (44,584) (38,264)
Other, net (827) (758) (506)
Net cash from financing activities (62,140) (54,580) (26,653)
Effect of exchange rate changes on cash 371 (2,560) 629
Net change in cash and cash equivalents 9,656 4,618 5,127
Cash and cash equivalents at the beginning of the period 41,582 36,964 31,837
Cash and cash equivalents at the end of the period 51,238 41,582 36,964
Supplemental disclosure of noncash investing and financing activities      
Accrued liabilities for distribution rights and member distributions 0 0 709
Accounts payable for purchase of property, plant and equipment $ 240 $ 42 $ 1,311