v3.26.1
Consolidated Statements of Stockholders’ Equity (Deficit)/Members’ Equity - USD ($)
$ in Thousands
Total
Class A
Preferred Stock
Series B
Common Stock
Class A
Common Stock
Class B
Additional paid-in capital
Accumulated other comprehensive income (loss)
Accumulated deficit
Shareholder's equity (deficit)
Non-Controlling Interest
Balance at Dec. 31, 2023 $ (488,994)     $ 1 $ 6 $ 11,699 $ (216) $ (68,595) $ (57,105) $ (431,889)
Balance (in Shares) at Dec. 31, 2023       9,445,972 62,440,940          
Conversion of Class B common stock to Class A common stock (in Shares)       26,400,000 (26,400,003)          
Conversion of Class B common stock to Class A common stock       $ 2 $ (2) (20,276)     (20,276) 20,276
Conversion of warrants to common shares 371         (7,095)     (7,095) 7,466
Conversion of warrants to common shares (in Shares)       35,516            
Release of earnout Common shares from escrow 66,255       $ 1 15,681     15,682 50,573
Release of earnout Common shares from escrow (in Shares)       224,857 8,775,000          
Forfeiture of earnout shares 69,280         10,345     10,345 58,935
Reclassification of warrants to equity 180,836         27,004     27,004 153,832
Share of change in equity method investee 487         74     74 413
RSU issuances 2,335         376     376 1,959
Net income 149,481 $ 149,481           22,057 22,057 127,424
Foreign currency translation loss (148)           (27)   (27) (121)
Balance at Dec. 31, 2024 (20,097)     $ 3 $ 5 37,808 (243) (46,538) (8,965) (11,132)
Balance (in Shares) at Dec. 31, 2024       36,106,345 44,815,937          
Conversion of Class B common stock to Class A common stock (in Shares)       11,523,117 (11,523,117)          
Conversion of Class B common stock to Class A common stock       $ 1 $ (1) 2,746     2,746 (2,746)
Release of earnout Common shares from escrow 0       $ 2 (2,066)     (2,064) 2,064
Release of earnout Common shares from escrow (in Shares)       375,000 14,625,000          
Reclassification of warrants to equity 1,825         815     815 1,010
Series B preferred stock issued (in shares)     2,415,416              
Series B preferred stock issued 12,077         5,922     5,922 6,155
Series B preferred stock dividend           540   (540)    
Series B preferred stock dividend (in Shares)     207,979              
Series B preferred stock issued, debt to equity conversion 20,462   $ 1     9,148     9,149 11,313
RSU issuances 1,828         854     854 974
RSU issuances (in Shares)       150,555            
Net income 6,312 $ 6,312           2,839 2,839 3,473
Foreign currency translation loss 1,414           630   630 784
Balance at Dec. 31, 2025 $ 23,821   $ 1 $ 4 $ 6 $ 55,767 $ 387 $ (44,239) $ 11,926 $ 11,895
Balance (in Shares) at Dec. 31, 2025     6,715,721 48,155,017 47,917,820          
Series B preferred stock issued, debt to equity conversion (in Shares)     4,092,326