v3.26.1
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Preferred Stock
Class C Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Total
Balance, Beginning at Dec. 31, 2024 $ 34,275 $ 50 $ 1,145,677 $ (757,175) $ (20,929) $ 401,898
Balance, Beginning (in shares) at Dec. 31, 2024 200,000 49,908,254        
Net income (loss)       96,888   96,888
Other comprehensive income, net of taxes         15,530 15,530
Stock-based compensation expense     6,075     6,075
Paid-in-kind preferred stock dividend $ 4,000   (4,000)      
Repurchase of common stock   $ (1)   (4,259)   (4,260)
Repurchase of common stock (in shares)   (628,217)        
Vesting of restricted stock units (in shares)   371,571        
Proceeds from exercise of stock options   $ 1 2,948     2,949
Proceeds from exercise of stock options (in shares)   626,951        
Balance, Ending at Jun. 30, 2025 $ 38,275 $ 50 1,150,700 (664,546) (5,399) 519,080
Balance, Ending (in shares) at Jun. 30, 2025 200,000 50,278,559        
Balance, Beginning at Mar. 31, 2025 $ 36,275 $ 50 1,147,380 (769,156) (15,738) 398,811
Balance, Beginning (in shares) at Mar. 31, 2025 200,000 50,137,218        
Net income (loss)       108,869   108,869
Other comprehensive income, net of taxes         10,339 10,339
Stock-based compensation expense     2,374     2,374
Paid-in-kind preferred stock dividend $ 2,000   (2,000)      
Repurchase of common stock   $ (1)   (4,259)   (4,260)
Repurchase of common stock (in shares)   (628,217)        
Vesting of restricted stock units (in shares)   143,494        
Proceeds from exercise of stock options   $ 1 2,946     2,947
Proceeds from exercise of stock options (in shares)   626,064        
Balance, Ending at Jun. 30, 2025 $ 38,275 $ 50 1,150,700 (664,546) (5,399) 519,080
Balance, Ending (in shares) at Jun. 30, 2025 200,000 50,278,559        
Balance, Beginning at Dec. 31, 2025 $ 42,275 $ 50 1,152,680 (688,884) (3,483) 502,638
Balance, Beginning (in shares) at Dec. 31, 2025 200,000 49,850,793        
Net income (loss)       (18,799)   (18,799)
Other comprehensive income, net of taxes         1,033 1,033
Stock-based compensation expense     4,797     $ 4,797
Paid-in-kind preferred stock dividend $ 4,000   (4,000)      
Repurchase of common stock (in shares)           0
Vesting of restricted stock units (in shares)   415,649        
Proceeds from exercise of stock options   $ 1 1,029     $ 1,030
Proceeds from exercise of stock options (in shares)   382,049       382,049
Balance, Ending at Jun. 30, 2026 $ 46,275 $ 51 1,154,506 (707,683) (2,450) $ 490,699
Balance, Ending (in shares) at Jun. 30, 2026 200,000 50,648,491        
Balance, Beginning at Mar. 31, 2026 $ 44,275 $ 50 1,153,304 (699,428) (3,212) 494,989
Balance, Beginning (in shares) at Mar. 31, 2026 200,000 50,197,906        
Net income (loss)       (8,255)   (8,255)
Other comprehensive income, net of taxes         762 762
Stock-based compensation expense     2,402     2,402
Paid-in-kind preferred stock dividend $ 2,000   (2,000)      
Vesting of restricted stock units (in shares)   186,141        
Proceeds from exercise of stock options   $ 1 800     801
Proceeds from exercise of stock options (in shares)   264,444        
Balance, Ending at Jun. 30, 2026 $ 46,275 $ 51 $ 1,154,506 $ (707,683) $ (2,450) $ 490,699
Balance, Ending (in shares) at Jun. 30, 2026 200,000 50,648,491