v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities    
Net loss $ (64.0) $ (39.7)
Adjustments to reconcile net loss to cash provided by operating activities    
Share-based compensation expense 2.7 3.4
Depreciation and amortization (including amounts in cost of revenue) 30.4 32.9
Amortization of deferred financing costs and debt discount 23.7 7.7
Net loss on extinguishment or repurchase of debt 0.3 0.3
Loss from equity investees 5.9 2.3
Gains on lease modifications (0.1) (8.7)
(Gains) losses on investments (5.2) 0.2
Asset impairment expense 0.0 0.1
Deferred income tax (benefit) expense (0.1) 0.5
Other operating activities, net 1.8 (2.0)
Changes in assets and liabilities:    
Accounts receivable (48.7) 91.8
Contract assets 42.2 12.3
Other current assets (2.9) (0.1)
Inventory 4.8 1.9
Other assets 12.3 8.4
Accounts payable 57.1 (57.2)
Accrued liabilities 37.6 12.2
Contract liabilities 62.8 (44.4)
Other current liabilities (0.3) 2.1
Other liabilities (13.7) (14.9)
Cash provided by operating activities 146.6 9.1
Cash flows from investing activities    
Purchase of property, plant and equipment (26.1) (19.0)
Proceeds from disposal of property, plant and equipment 1.4 10.1
Loans to equity method investee 0.0 (2.3)
Purchase of investments (0.3) (2.0)
Proceeds from sale of investments 2.9 0.0
Cash paid for asset acquisitions (0.5) (1.2)
Other investing activities 0.0 0.5
Cash used in investing activities (22.6) (13.9)
Cash flows from financing activities    
Proceeds from rights offering and private placement, net of issuance costs 0.0 33.2
Proceeds from lines of credit, net of deferred financing costs 85.9 70.0
Payments on lines of credit (116.8) (125.0)
Proceeds from other debt obligations, net of deferred financing costs 21.3 25.0
Principal payments for and repurchases of other debt obligations (48.7) (28.0)
Deferred financing costs paid to third parties (0.5) (0.2)
Payments to non-controlling interests related to former sale of equity method investment 0.0 (0.3)
Dividend payments (2.2) (1.2)
Other financing activities (0.2) 0.0
Cash used in financing activities (61.2) (26.5)
Effects of exchange rate changes on cash, cash equivalents and restricted cash 0.6 (1.7)
Net increase (decrease) in cash and cash equivalents, including restricted cash 63.4 (33.0)
Cash, cash equivalents and restricted cash, beginning of year 49.3 82.3
Cash, cash equivalents and restricted cash, end of year $ 112.7 $ 49.3