v3.26.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]      
Revenue $ 151,818 $ 180,350 $ 195,917
Operating expenses:      
Cost of service (exclusive of depreciation and amortization) 61,690 71,149 73,773
Selling, general and administrative [1] 82,180 98,880 102,381
Depreciation and amortization 12,781 11,888 10,253
Loss/(gain) on disposal of long-lived assets [2] 4,575 16 (212)
Loss/(gain) on disposal of long-lived assets [3] 2,152 0 0
Total operating expenses 163,378 181,933 186,195
(Loss)/income from operations (11,560) (1,583) 9,722
Interest expense, net 6,078 6,247 6,485
Pre-tax net loss (17,638) (7,830) 3,237
Total (5,971) 188 7,477
Net loss $ (11,667) $ (8,018) $ (4,240)
Loss per share of common stock      
Basic (in dollars per share) $ (0.19) $ (0.14) $ (0.08)
Diluted (in dollars per share) $ (0.19) $ (0.14) $ (0.08)
Weighted average shares outstanding      
Basic (in shares) 60,450,769 57,688,906 56,778,793
Diluted (in shares) 60,450,769 57,688,906 56,778,793
[1]
During the first quarter of fiscal year 2024, the Company recorded a cumulative reversal of stock compensation expense of $10.4 million related to reassessing the probability of achieving the performance target on certain of the Company's performance-based stock units. See Note 6 to the condensed consolidated financial statements included in this Quarterly Report on Form 10-Q for further discussion.
[2]
During the fiscal year ended 2025, the Company recorded a $4.5 million loss related to the impairment of a portion of the Salesforce implementation project and $0.1 million related to the corporate office PPE write-off. See Note 1 to the consolidated financial statements included in this Annual Report on Form 10-K for further discussion.
[3]
 During the fiscal year ended 2025, the Company recorded $2.2 million in costs related to the closure of the London facility. Comprising of that amount is a $2.4 million loss on London PPE, $3.3 million rent expense from accelerated amortization, offset by a $3.2 million gain on the deconsolidation as of December 31, 2025 related to net liabilities and $0.3 million income from reclassification of CTA.