v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities    
Net loss $ (4.7) $ (46.8)
Adjustments to reconcile net loss to cash provided by operating activities    
Share-based compensation expense 1.0 1.5
Depreciation and amortization (including amounts in cost of revenue) 14.4 15.3
Amortization of deferred financing costs and debt discount 15.2 11.9
(Gain) loss on extinguishment of debt 18.4 (0.3)
Loss from equity investees 0.0 5.9
Gain on lease modifications 0.0 (0.1)
Loss (gain) on investments 0.1 (4.9)
Deferred income tax expense (0.1) 0.1
Other operating activities, net 1.3 1.7
Changes in assets and liabilities:    
Accounts receivable (45.3) (49.7)
Contract assets 11.5 23.3
Other current assets (12.3) 1.4
Inventory 1.2 0.1
Other assets 11.4 5.5
Accounts payable (2.5) (5.1)
Accrued liabilities 43.7 9.3
Contract liabilities 10.8 63.7
Other current liabilities 2.0 (0.1)
Other liabilities (8.4) (7.0)
Cash provided by operating activities 20.9 26.3
Cash flows from investing activities    
Purchase of property, plant and equipment (19.9) (10.8)
Proceeds from disposal of property, plant and equipment 0.1 1.2
Purchase of investments (0.5) (0.3)
Cash paid for asset acquisitions (0.3) (0.3)
Cash used in investing activities (20.6) (10.2)
Cash flows from financing activities    
Proceeds from lines of credit, net of deferred financing costs 0.0 71.2
Payments on lines of credit (15.0) (86.8)
Proceeds from other debt obligations, net of deferred financing costs 105.0 20.8
Principal payments for other debt obligations (109.0) (36.2)
Deferred financing costs paid to third parties (2.8) 0.0
Dividend payments (0.7) (1.1)
Other financing activities (0.1) (0.1)
Cash used in financing activities (22.6) (32.2)
Effects of exchange rate changes on cash, cash equivalents and restricted cash 0.0 0.8
Net decrease in cash and cash equivalents, including restricted cash and cash classified within assets held for sale (22.3) (15.3)
Decrease in cash and cash equivalents from assets held for sale 1.9 1.4
Net decrease in cash and cash equivalents, including restricted cash (20.4) (13.9)
Cash, cash equivalents and restricted cash, beginning of period 108.8 42.3
Cash, cash equivalents and restricted cash, end of period $ 88.4 $ 28.4