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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jan. 14, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating activities      
Net (loss) income from continuing operations $ 45,090 $ (18,491) $ (15,382)
Adjustments to reconcile net (loss) income to net cash used in operating activities:      
Impairment charges 0 0 4,156
Depreciation and amortization 1,057 2,822 1,317
Losses on finance receivables and securitization debt, net 4,762 43,486 40,357
Losses on Warranties and GAP 407 3,474 3,709
Stock-based compensation expense 144 2,862 2,327
Amortization of unearned discounts on finance receivables at fair value (416)    
Non-cash reorganization items, net (51,741)    
Other, net 193 258 (1,044)
Changes in operating assets and liabilities:      
Originations of finance receivables, held for sale (14,337)    
Principal payments received on finance receivables, held for sale 6,481    
Other 169    
Interest receivable (164) 919 1,184
Other assets 5,178 1,159 (1,836)
Other liabilities (2,627) 375 457
Net cash provided by (used in) operating activities from continuing operations (5,804) 36,864 35,245
Net cash provided by (used in) operating activities from discontinued operations (207) 150 (729)
Net cash provided by (used in) operating activities (6,011) 37,014 34,516
Investing activities      
Originations of finance receivables, held for investment at fair value   (225,065) (223,059)
Principal payments received on finance receivables, held for investment at fair value 2,985 172,031 158,482
Principal payments received on beneficial interests 147 398 840
Purchase of property and equipment (151) (2,835) (3,190)
Net cash (used in) provided by investing activities from continuing operations 2,981 (55,471) (66,927)
Net cash provided by investing activities from discontinued operations     637
Net cash (used in) provided by investing activities 2,981 (55,471) (66,290)
Financing activities      
Proceeds from borrowings under secured financing agreements   225,000 307,780
Principal repayment under secured financing agreements (16,676) (145,555) (120,548)
Proceeds from financing of beneficial interests in securitizations     16,223
Principal repayments of financing of beneficial interests in securitizations (1,028) (5,781) (6,589)
Proceeds from warehouse credit facilities 11,900 182,400 182,300
Repayments of warehouse credit facilities (8,094) (260,289) (340,196)
Proceeds from preferred units issued to noncontrolling interests of subsidiary, net of issuance costs   21,221  
Cash paid for preferred stock dividends attributable to noncontrolling interests of subsidiary   (571)  
Proceeds from issuance of related party note   11,500  
Other financing activities   (480) (1,474)
Net cash provided by (used in) financing activities (13,898) 27,445 37,496
Net increase (decrease) in cash, cash equivalents and restricted cash (16,928) 8,988 5,722
Cash, cash equivalents and restricted cash at the beginning of period 78,369 66,298 61,441
Cash, cash equivalents and restricted cash at the end of period 61,441 75,286 67,163
Supplemental disclosure of cash flow information:      
Cash paid for interest 4,534 25,137 22,067
Cash paid for reorganization items, net $ 1,705    
Accrued and unpaid preferred stock dividends attributable to noncontrolling interests of subsidiary   691  
Exchange of outstanding debt for 2032 Notes   28,500  
Cash paid for income taxes, net of (refunds)   $ (321) $ 606