v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 2,182 $ 4,759
Accounts receivable, net of allowance for credit losses of $4,496 and $4,979, respectively 49,143 52,048
Prepaid expenses and other current assets 14,779 12,582
Total current assets 66,104 69,389
Property and equipment, net 109,695 110,043
Intangible assets, net 145,606 155,047
Goodwill 147,590 147,590
Investments 725 725
Operating lease right-of-use assets 45,403 45,099
Other assets 611 667
Restricted cash 323 58
Total assets 516,057 528,618
Current liabilities:    
Accounts payable 7,079 6,895
Current portion of long-term debt 11,750 11,750
Deferred revenue 8,581 8,737
Accrued compensation and benefits 8,077 11,486
Accrued expenses and other current liabilities 32,519 30,886
Operating lease liabilities, current 7,755 7,688
Accrued interest 4,337 4,791
Total current liabilities 80,098 82,233
Long-term debt, net of discount and deferred finance costs of $23,316 and $24,429, respectively 422,423 421,247
Deferred tax liability 971 16,763
Operating lease liability, net of current portion 41,980 42,101
Other long-term liabilities 6,831 7,266
Total liabilities 552,303 569,610
Stockholders’ deficit:    
Total common stock 186 175
Treasury stock, at cost; 965,399 and 965,399 shares of Class A common stock, respectively (11,203) (11,203)
Additional paid-in capital 325,563 319,818
Accumulated deficit (354,388) (353,195)
Non-controlling interest 3,596 3,413
Total stockholders’ deficit (36,246) (40,992)
Total liabilities and stockholders’ deficit 516,057 528,618
Class A common stock    
Stockholders’ deficit:    
Total common stock 173 162
Class B common stock    
Stockholders’ deficit:    
Total common stock 8 8
Class C common stock    
Stockholders’ deficit:    
Total common stock $ 5 $ 5