v3.26.1
Emergence from Bankruptcy - Schedule of Reorganization Balance Sheet Effect (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Mar. 05, 2026
Dec. 31, 2025
Mar. 31, 2025
Dec. 31, 2024
Current assets          
Cash and cash equivalents $ 11,249 $ 17,824 $ 18,449    
Restricted cash 10,616 10,616 1,393    
Accounts receivable, net 88,270 79,124 75,979    
Inventories, net 50,550 50,400 56,553    
Prepaid expenses 12,106 12,145 13,538    
Other current assets 2,064 2,044 2,919    
Total current assets 174,855 172,153 168,831    
Property and equipment, net 109,013 107,499 64,266    
Fair value adjustment to operating lease right-of-use assets 32,482 31,261 34,105    
Finance lease right of use assets, net 52 55 16    
Intangible assets, net 9,103 9,171 68,063    
Other long-term assets 535 536 4,183    
Total assets 326,040 320,675 339,464    
Current liabilities          
Accounts payable 41,453 39,070 43,564    
Accrued expenses 23,662 20,645 27,764    
Income taxes payable 374 465 356    
Current portion of long-term debt 3,978 4,760 6,310    
Current portion of operating lease obligations 12,454 11,695 13,409    
Current portion of finance lease obligations 50 55 6    
Total current liabilities 81,971 76,690 91,409    
Long-term liabilities          
Long-term debt 90,439 90,305 341,572    
Long-term operating lease obligations 19,602 18,389 21,352    
Other long-term liabilities 45 87 87    
Liabilities subject to compromise   0      
Total liabilities 192,057 185,471 454,420    
Commitments and contingencies (Note 11)    
Stockholders’ equity (deficit)          
Predecessor common stock   0      
Successor common stock   139      
Predecessor additional paid-in capital   0      
Successor additional paid-in capital   135,065      
Accumulated other comprehensive income (loss) 32 0 (5,187)    
Accumulated deficit (1,253) 0 (918,634)    
Total stockholders’ equity (deficit) 133,983 135,204 (114,956) $ (72,113) $ (66,064)
Total liabilities and stockholders’ equity (deficit) $ 326,040 320,675 $ 339,464    
Predecessor          
Current assets          
Cash and cash equivalents   23,038      
Restricted cash   1,475      
Accounts receivable, net   79,124      
Inventories, net   52,134      
Prepaid expenses   12,145      
Other current assets   2,044      
Total current assets   169,960      
Property and equipment, net   61,994      
Fair value adjustment to operating lease right-of-use assets   32,034      
Finance lease right of use assets, net   72      
Intangible assets, net   66,079      
Other long-term assets   808      
Total assets   330,947      
Current liabilities          
Accounts payable   39,070      
Accrued expenses   19,015      
Income taxes payable   465      
Current portion of long-term debt   4,760      
Current portion of operating lease obligations   292      
Current portion of finance lease obligations   0      
Total current liabilities   63,602      
Long-term liabilities          
Long-term debt   82,568      
Long-term operating lease obligations   973      
Other long-term liabilities   87      
Liabilities subject to compromise   350,173      
Total liabilities   497,403      
Commitments and contingencies (Note 11)        
Stockholders’ equity (deficit)          
Predecessor common stock   433      
Successor common stock   0      
Predecessor additional paid-in capital   808,741      
Successor additional paid-in capital   0      
Accumulated other comprehensive income (loss)   (5,029)      
Accumulated deficit   (970,601)      
Total stockholders’ equity (deficit)   (166,456)      
Total liabilities and stockholders’ equity (deficit)   330,947      
Reorganization Adjustments          
Current assets          
Cash and cash equivalents   (5,214)      
Restricted cash   9,141      
Accounts receivable, net   0      
Inventories, net   0      
Prepaid expenses   0      
Other current assets   0      
Total current assets   3,927      
Property and equipment, net   0      
Fair value adjustment to operating lease right-of-use assets   0      
Finance lease right of use assets, net   0      
Intangible assets, net   0      
Other long-term assets   0      
Total assets   3,927      
Current liabilities          
Accounts payable   0      
Accrued expenses   1,630      
Income taxes payable   0      
Current portion of long-term debt   0      
Current portion of operating lease obligations   13,020      
Current portion of finance lease obligations   55      
Total current liabilities   14,705      
Long-term liabilities          
Long-term debt   7,737      
Long-term operating lease obligations   17,598      
Other long-term liabilities   0      
Liabilities subject to compromise   (350,173)      
Total liabilities   (310,133)      
Commitments and contingencies (Note 11)        
Stockholders’ equity (deficit)          
Predecessor common stock   (433)      
Successor common stock   139      
Predecessor additional paid-in capital   (808,741)      
Successor additional paid-in capital   135,065      
Accumulated other comprehensive income (loss)   0      
Accumulated deficit   988,030      
Total stockholders’ equity (deficit)   314,060      
Total liabilities and stockholders’ equity (deficit)   3,927      
Fresh Start Adjustments          
Current assets          
Cash and cash equivalents   0      
Restricted cash   0      
Accounts receivable, net   0      
Inventories, net   (1,734)      
Prepaid expenses   0      
Other current assets   0      
Total current assets   (1,734)      
Property and equipment, net   45,505      
Fair value adjustment to operating lease right-of-use assets   (773)      
Finance lease right of use assets, net   (17)      
Intangible assets, net   (56,908)      
Other long-term assets   (272)      
Total assets   (14,199)      
Current liabilities          
Accounts payable   0      
Accrued expenses   0      
Income taxes payable   0      
Current portion of long-term debt   0      
Current portion of operating lease obligations   (1,617)      
Current portion of finance lease obligations   0      
Total current liabilities   (1,617)      
Long-term liabilities          
Long-term debt   0      
Long-term operating lease obligations   (182)      
Other long-term liabilities   0      
Liabilities subject to compromise   0      
Total liabilities   (1,799)      
Commitments and contingencies (Note 11)        
Stockholders’ equity (deficit)          
Predecessor common stock   0      
Successor common stock   0      
Predecessor additional paid-in capital   0      
Successor additional paid-in capital   0      
Accumulated other comprehensive income (loss)   5,029      
Accumulated deficit   (17,429)      
Total stockholders’ equity (deficit)   (12,400)      
Total liabilities and stockholders’ equity (deficit)   $ (14,199)