v3.26.1
Description of Business and Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Cash and Cash Equivalents The following table presents a reconciliation of cash, cash equivalents and restricted cash reported within the Consolidated Balance Sheets to the amount shown in the Consolidated Statements of Cash Flows for the six months ended June 30, 2026 and 2025:
(in thousands)June 30, 2026June 30, 2025
Cash and cash equivalents$9,136 $10,838 
Restricted cash, included in Other current assets43 1,531 
Total cash, cash equivalents and restricted cash $9,179 $12,369 
Schedule of Accounts Receivable
The following table represents the components of Accounts receivable, net of allowance:

(in thousands)June 30, 2026December 31, 2025
Accounts receivable$40,572 $38,200 
Unbilled accounts receivable (1)
100,328 112,024 
Total accounts receivable$140,900 $150,224 
Less: allowance for credit losses(13,144)(13,830)
Accounts receivable, net of allowance$127,756 $136,394 
(1)    Unbilled accounts receivable relates primarily to the Company’s Print services, which are recognized at a point in time upon delivery of the Print services to the intended market(s), but are billed to customers monthly after the delivery of the Print services. Unbilled accounts receivable are reclassified as billed accounts receivable monthly when the customers are invoiced.

The following table represents the components of unbilled accounts receivable from contracts with customers:

(in thousands)June 30, 2026December 31, 2025
Unbilled accounts receivable – current
$100,328 $112,024 
Unbilled accounts receivable – non-current (1)
20,678 40,722 
Total unbilled accounts receivable$121,006 $152,746 
(1)    Included in Other assets on the Consolidated Balance Sheets.