v3.26.1
Condensed Consolidated Statement of Changes in Mezzanine Equity and Shareholders’ Equity (Unaudited) - USD ($)
$ in Thousands
Total
Treasury Stock
Additional paid-in-capital
Retained earnings (accumulated deficit)
Accumulated other comprehensive income
Non-controlling interest in subsidiaries
Series A Preferred Stock
Series C Preferred Stock
Class A Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Class B Common Stock
Common Stock
Beginning balance (in shares) at Dec. 31, 2024             140,000 150,000        
Beginning balance at Dec. 31, 2024             $ 142,858 $ 160,808        
Mezzanine Equity                        
Preferred share accrued dividend             $ 1,760 $ 3,953        
Ending balance (in shares) at Mar. 31, 2025             140,000 150,000        
Ending balance at Mar. 31, 2025             $ 144,618 $ 164,761        
Beginning balance (in shares) at Dec. 31, 2024                   93,686,980   46,138,876
Beginning balance at Dec. 31, 2024 $ 970,195 $ 0 $ 652,857 $ (296,561) $ (1,569) $ 311,793       $ 9   $ 0
Shareholders’ Equity                        
Net income (loss) (2,882)     1,910   (4,792)            
Currency translation adjustment 3,249       2,403 846            
Other comprehensive income (24)       (17) (7)            
Tax allocation to equity holders (84)     (2,092) (58) 2,066            
Sale of investment 234         234            
Preferred share accrued dividend (in shares)                   2,413,060    
Preferred share accrued dividend 0   (5,713)                  
Issuance of shares for business combination 1,298   1,298                  
Share based compensation 4,559   4,559                  
TRA Exchange (in shares)                   1,028,652   (1,028,652)
TRA Exchange (1,005)   1,587     (2,592)            
Repurchase of shares (2,838) (2,838)                    
Ending balance (in shares) at Mar. 31, 2025                   97,128,692   45,110,224
Ending balance at Mar. 31, 2025 972,702 (2,838) 654,588 (296,743) 759 307,548       $ 9   $ 0
Beginning balance (in shares) at Dec. 31, 2025             168,934 150,000        
Beginning balance at Dec. 31, 2025             $ 168,934 $ 176,904        
Mezzanine Equity                        
Preferred share accrued dividend             $ 2,059 $ 4,312        
Ending balance (in shares) at Mar. 31, 2026             168,934 150,000        
Ending balance at Mar. 31, 2026             $ 170,993 $ 181,216        
Beginning balance (in shares) at Dec. 31, 2025                 103,330,156 103,330,155 44,188,561 44,188,561
Beginning balance at Dec. 31, 2025 874,789 0 667,298 (418,015) 4,975 274,683       $ 10   $ 0
Shareholders’ Equity                        
Net income (loss) 8,390     7,704   686            
Currency translation adjustment 1,765       1,286 479            
Other comprehensive income 0                      
Prior period tax true-ups 191       134 57            
Preferred share accrued dividend 0   (6,371)                  
Share based compensation (in shares)                   3,154,435    
Share based compensation 8,111   8,111                  
TRA Exchange (in shares)                   3,314,794   (3,314,794)
TRA Exchange (5,031)   7,064     (12,095)            
Repurchase of shares (5,691) (5,691)                    
Ending balance (in shares) at Mar. 31, 2026                 109,799,384 109,799,384 40,873,767 40,873,767
Ending balance at Mar. 31, 2026 $ 882,524 $ (5,691) $ 676,102 $ (410,311) $ 6,395 $ 263,810       $ 10   $ 0