v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flow from operating activities:    
Net loss $ (83,748) $ (126,237)
Adjustments to reconcile net loss to cash used in operations:    
Depreciation and amortization 29,961 29,345
Deferred income tax expense 360 42,137
Non-cash stock-based compensation expense 2,917 2,422
Non-cash interest expense 3,896 3,896
Lower of cost or market inventory valuation adjustment 7,779 4,676
Gain (Loss) on Disposition of Other Assets (12,277) 0
Changes in assets and liabilities:    
Accounts receivable, net (3,090) 6,591
Inventories (20,183) (25,654)
Prepaid and other current assets (8,262) (4,268)
Income taxes payable (899) (243)
Accounts payable and other accruals 5,405 (21,817)
Interest payable 125 3
Change in Tax Receivable Agreement 0 (5,824)
Other (5,530) 9,551
Net cash used in operating activities (83,546) (85,422)
Cash flow from investing activities:    
Capital expenditures (19,009) (14,190)
Proceeds from the sale of fixed assets 9,258 33
Net cash used in investing activities (9,751) (14,157)
Cash flow from financing activities:    
Proceeds from Delayed Draw First Lien Term Loan due 2029 100,000 0
Proceeds from issuance of common stock, net of issuance costs 348 0
Payments for taxes related to net share settlement of equity awards (339) (213)
Principal payments under finance lease obligations (70) (51)
Net cash provided by (used in) financing activities 99,939 (264)
Net change in cash and cash equivalents 6,642 (99,843)
Effect of exchange rate changes on cash and cash equivalents 291 2,138
Cash and cash equivalents at beginning of period 138,427 256,248
Cash and cash equivalents at end of period 145,360 158,543
Net cash paid during the periods for:    
Interest 44,545 45,052
Income taxes 3,217 2,070
Change in capital expenditures in accounts payable $ (4,585) $ (5,508)