v3.26.1
Supplementary Financial Information (Tables)
 6 Months Ended
Jun. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Other Income, Net
The following table provides information relating to Other income, net (in millions):

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Gain on step-up of equity method investment$— $— $— $4.4 
Interest income0.5 0.1 0.9 0.5 
Foreign currency translation losses(0.1)(0.5)(0.4)(0.9)
Unrealized fair value (loss) gain on securities(0.1)0.3 (0.1)0.5 
Other
(0.1)0.1 0.1 (0.5)
Total other income, net
$0.2 $— $0.5 $4.0 
Schedule of Restricted Cash and Cash Equivalents
The following table provides a reconciliation of cash, cash equivalents and restricted cash to amounts reported within the Condensed Consolidated Balance Sheets and Condensed Consolidated Statements of Cash Flows (in millions):

Six Months Ended June 30,
20262025
Cash and cash equivalents, beginning of the period
$108.2 $41.8 
Restricted cash included in other assets (non-current)0.6 0.5 
Total cash, cash equivalents and restricted cash, beginning of the period
$108.8 $42.3 
Cash and cash equivalents, end of the period
$87.8 $27.8 
Restricted cash included in other assets (non-current) 0.6 0.6 
Total cash and cash equivalents and restricted cash, end of the period
$88.4 $28.4 
Cash and cash equivalents classified in Assets held for sale, beginning of period$3.8 $7.0 
Restricted cash classified in Assets held for sale0.1 — 
Total cash and cash equivalents and restricted cash classified in Assets held for sale$3.9 $7.0 
Cash and cash equivalents classified in Assets held for sale, end of period$2.0 $5.6 
Restricted cash classified in Assets held for sale— — 
Total cash and cash equivalents and restricted cash classified in Assets held for sale$2.0 $5.6 
Supplemental cash flow information:
Cash paid for interest$3.9 $23.8 
Cash paid for income taxes, net of refunds$1.6 $3.6 
Non-cash investing and financing activities:
Accrued interest and fees capitalized into principal debt (1)
$29.0 $2.5 
Property, plant and equipment included in accounts payable or accrued expenses (2)
$1.6 $0.7 
(1) Includes accrued interest of $0.8 million capitalized into principal debt for the Bridge Loan Facility for the six months ended June 30, 2026.
(2) Includes property, plant and equipment included in accounts payable or accrued expenses for our Spectrum segment of $0.3 million and $0.2 million for the six months ended June 30, 2026 and 2025, respectively.
Schedule of Cash and Cash Equivalents
The following table provides a reconciliation of cash, cash equivalents and restricted cash to amounts reported within the Condensed Consolidated Balance Sheets and Condensed Consolidated Statements of Cash Flows (in millions):

Six Months Ended June 30,
20262025
Cash and cash equivalents, beginning of the period
$108.2 $41.8 
Restricted cash included in other assets (non-current)0.6 0.5 
Total cash, cash equivalents and restricted cash, beginning of the period
$108.8 $42.3 
Cash and cash equivalents, end of the period
$87.8 $27.8 
Restricted cash included in other assets (non-current) 0.6 0.6 
Total cash and cash equivalents and restricted cash, end of the period
$88.4 $28.4 
Cash and cash equivalents classified in Assets held for sale, beginning of period$3.8 $7.0 
Restricted cash classified in Assets held for sale0.1 — 
Total cash and cash equivalents and restricted cash classified in Assets held for sale$3.9 $7.0 
Cash and cash equivalents classified in Assets held for sale, end of period$2.0 $5.6 
Restricted cash classified in Assets held for sale— — 
Total cash and cash equivalents and restricted cash classified in Assets held for sale$2.0 $5.6 
Supplemental cash flow information:
Cash paid for interest$3.9 $23.8 
Cash paid for income taxes, net of refunds$1.6 $3.6 
Non-cash investing and financing activities:
Accrued interest and fees capitalized into principal debt (1)
$29.0 $2.5 
Property, plant and equipment included in accounts payable or accrued expenses (2)
$1.6 $0.7 
(1) Includes accrued interest of $0.8 million capitalized into principal debt for the Bridge Loan Facility for the six months ended June 30, 2026.
(2) Includes property, plant and equipment included in accounts payable or accrued expenses for our Spectrum segment of $0.3 million and $0.2 million for the six months ended June 30, 2026 and 2025, respectively.