v3.26.1
Mandatorily Redeemable Preferred Stock (Tables)
3 Months Ended
Mar. 31, 2026
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]  
Summary of Key Assumptions Key assumptions in the analysis included the following as of March 31, 2026:

 

 

Contingent Consideration

 

 

 

 

 

Discount rate

 

 

13.9

%

Gross revenue risk adjustment

 

 

2.9

%

Gross revenue volatility

 

 

15.0

%

Weighted average risk-free rate

 

 

3.7

%

Weighted average cost of capital

 

 

10.5

%

Key assumptions in the analysis included the following as of December 31, 2025:

 

 

Contingent Consideration

 

 

 

 

 

Discount rate

 

 

12.5

%

Gross revenue risk adjustment

 

 

2.9

%

Gross revenue volatility

 

 

15.0

%

Risk-free rate

 

 

3.5

%

Weighted average cost of capital

 

 

10.5

%

Mandatorily Redeemable Preferred Stock  
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]  
Summary of Key Assumptions Key assumptions in the analysis included the following as of the date of issuance:

 

 

Mandatorily Redeemable Preferred Stock

 

 

 

 

 

Yield Volatility

 

 

20.0

%

Risk-free Rate

 

 

3.9

%

Selected Credit Spread

 

 

29.3

%

Term

 

1.92 years