v3.26.1
Emergence from Bankruptcy - Schedule of Reorganization Balance Sheet Effect (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Mar. 31, 2026
Mar. 05, 2026
Dec. 31, 2025
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Current assets              
Cash and cash equivalents $ 16,849   $ 17,824 $ 18,449      
Restricted cash 1,400   10,616 1,393      
Accounts receivable, net 91,599   79,124 75,979      
Inventories, net 48,769   50,400 56,553      
Prepaid expenses 11,307   12,145 13,538      
Other current assets 1,375   2,044 2,919      
Total current assets 171,299   172,153 168,831      
Property and equipment, net 106,572   107,499 64,266      
Fair value adjustment to operating lease right-of-use assets 30,293   31,261 34,105      
Finance lease right-of-use assets, net 36   55 16      
Intangible assets, net 8,898   9,171 68,063      
Other long-term assets 557   536 4,183      
Total assets 317,655   320,675 339,464      
Current liabilities              
Accounts payable 44,448   39,070 43,564      
Accrued expenses 13,927   20,645 27,764      
Income taxes payable 381   465 356      
Current portion of long-term debt 1,606   4,760 6,310      
Current portion of operating lease obligations 12,695   11,695 13,409      
Current portion of finance lease obligations 37   55 6      
Total current liabilities 73,094   76,690 91,409      
Long-term liabilities              
Long-term debt 97,344   90,305 341,572      
Long-term operating lease obligations 17,188   18,389 21,352      
Other long-term liabilities 459   87 87      
Liabilities subject to compromise     0        
Total liabilities 188,085   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 loss (64)   0 (5,187)      
Accumulated deficit (6,143)   0 (918,634)      
Total stockholders’ equity (deficit) 129,570 $ 133,983 135,204 (114,956) $ (81,737) $ (72,113) $ (66,064)
Total liabilities and stockholders’ equity (deficit) $ 317,655   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 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 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 loss     5,029        
Accumulated deficit     (17,429)        
Total stockholders’ equity (deficit)     (12,400)        
Total liabilities and stockholders’ equity (deficit)     $ (14,199)