CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Revenue: | ||||||
| Total revenue | $ 64,772 | $ 67,148 | $ 134,836 | $ 127,180 | ||
| Operating expenses: | ||||||
| Marketing, general and administrative | 23,025 | 9,683 | 37,853 | 21,272 | ||
| Stock-based compensation | 2,723 | 5,949 | 5,428 | 12,906 | ||
| Reduction in the value and disposal of long-lived assets | 0 | 0 | 64 | 7,038 | ||
| Depreciation, amortization and accretion | 16,802 | 23,010 | 35,199 | 45,287 | ||
| Total operating expenses | 69,547 | 61,002 | 131,441 | 129,535 | ||
| (Loss) income from operations | (4,775) | 6,146 | 3,395 | (2,355) | ||
| Other income (expense): | ||||||
| Interest income and expense, net of amounts capitalized | (20,660) | (7,428) | (40,474) | (15,373) | ||
| Foreign currency (loss) gain | (1,376) | 11,966 | (2,997) | 16,072 | ||
| Gain on contingent interest feature within the 2024 Debt Repayment | 4,181 | 0 | 4,181 | 0 | ||
| Derivative gain and other income | 0 | 6,697 | 44 | 6,284 | ||
| Total other (expense) income | (17,855) | 11,235 | (39,246) | 6,983 | ||
| (Loss) income before income taxes | (22,630) | 17,381 | (35,851) | 4,628 | ||
| Income tax expense (benefit) | 3,909 | (1,827) | 5,506 | 2,751 | ||
| Net (loss) income | (26,539) | 19,208 | (41,357) | 1,877 | ||
| Other comprehensive income (loss): | ||||||
| Foreign currency translation adjustments | 1,334 | (7,577) | 3,373 | (10,422) | ||
| Comprehensive (loss) income | (25,205) | 11,631 | (37,984) | (8,545) | ||
| Net (loss) income attributable to common shareholders (Note 12) | $ (29,183) | $ 16,564 | $ (46,616) | $ (3,382) | ||
| Net (loss) income per common share: | ||||||
| Basic (in dollars per share) | [1] | $ (0.23) | $ 0.13 | $ (0.36) | $ (0.03) | |
| Diluted (in dollars per share) | [1] | $ (0.23) | $ 0.13 | $ (0.36) | $ (0.03) | |
| Weighted-average shares outstanding: | ||||||
| Basic (in shares) | [1] | 129,122 | 126,614 | 128,771 | 126,545 | |
| Diluted (in shares) | [1] | 129,122 | 127,854 | 128,771 | 126,545 | |
| Service revenue | ||||||
| Revenue: | ||||||
| Total revenue | $ 59,998 | $ 63,216 | $ 126,699 | $ 120,283 | ||
| Operating expenses: | ||||||
| Cost of goods and services | 23,602 | 19,479 | 47,035 | 38,104 | ||
| Subscriber equipment sales | ||||||
| Revenue: | ||||||
| Total revenue | 4,774 | 3,932 | 8,137 | 6,897 | ||
| Operating expenses: | ||||||
| Cost of goods and services | $ 3,395 | $ 2,881 | $ 5,862 | $ 4,928 | ||
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- Definition Amount of expense for award under share-based payment arrangement. Excludes amount capitalized. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The aggregate net amount of depreciation, amortization, and accretion recognized during an accounting period. As a noncash item, the net amount is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, before tax, of realized and unrealized gain (loss) from foreign currency transaction. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of impairment loss for long-lived asset held and used. Includes, but is not limited to, impairment loss for long-lived asset to be disposed of other than by sale. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest income (expense) classified as nonoperating. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature, attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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