Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2026

Fair Value Disclosures [Abstract]

Summary of Financial Instruments Measured at Fair Value on Recurring Basis using Significant Unobservable Inputs (Level 3)

The following financial instruments are measured at fair value on a recurring basis using significant unobservable inputs (Level 3):


	June 30, 2026				December 31, 2025
Interest rate swap(1)	$	813			$	—
Foreign currency forward contract(2)		516				—
Total Assets	$	1,329			$	—

Business acquisitions contingent consideration, current	$	6,182			$	14,883
Business acquisitions contingent consideration, long-term		—				2,755
Interest rate swap(1)		—				429
Total Liabilities	$	6,182			$	18,067

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(1) Included in prepaid and other current assets and other non-current liabilities in the unaudited condensed consolidated statement of financial position as of June 30, 2026 and audited condensed consolidated statement of financial position as of December 31, 2025, respectively.

(2) Included in prepaid and other current assets in the unaudited condensed consolidated statement of financial position as of June 30, 2026.

Summary of Financial Instruments Measured at Fair Value on Recurring Basis

The following table sets forth the Company’s financial instruments that were measured at fair value on a recurring basis:


	Interest Rate Swap				Foreign Currency Forward Contract				Total Assets				Business Acquisitions Contingent Consideration, Current				Business Acquisitions Contingent Consideration, Long-term				Conversion Option Related to Series A-2 Preferred Stock				Interest Rate Swap				Total Liabilities
Balance as of December 31, 2024	$	1,544			$	—			$	1,544			$	26,872			$	6,255			$	20,224			$	—			$	53,351
Changes in fair value included in earnings		(1,544	)			—				(1,544	)			(252	)			1,104				(9,672	)			(88	)			(8,908	)
Payment of contingent consideration payable		—				—				—				(10,897	)			—				—				—				(10,897	)
Reclass of long term to short term contingent liabilities		—				—				—				13				(13	)			—				—				—
Measurement period adjustment		—				—				—				1,548				—				—				—				1,548
Balance as of June 30, 2025	$	—			$	—			$	—			$	17,284			$	7,346			$	10,552			$	(88	)		$	35,094
Balance as of December 31, 2025	$	—			$	—			$	—			$	14,883			$	2,755			$	—			$	429			$	18,067
Changes in fair value included in earnings		813				516				1,329				205				(902	)			—				(429	)			(1,126	)
Payment of contingent consideration payable		—				—				—				(10,759	)			—				—				—				(10,759	)
Reclass of long term to short term contingent liabilities		—				—				—				1,853				(1,853	)			—				—				—
Balance as of June 30, 2026	$	813			$	516			$	1,329			$	6,182			$	—			$	—			$	—			$	6,182