v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 1,170 $ 4,759
Accounts receivable, net of allowance for credit losses of $4,459 and $4,979, respectively 60,320 52,048
Prepaid expenses and other current assets 13,509 12,582
Total current assets 74,999 69,389
Property and equipment, net 109,591 110,043
Intangible assets, net 118,109 155,047
Goodwill 147,590 147,590
Investments 725 725
Operating lease right-of-use assets 42,789 45,099
Other assets 596 667
Restricted cash 323 58
Total assets 494,722 528,618
Current liabilities:    
Accounts payable 9,393 6,895
Current portion of long-term debt 12,500 11,750
Deferred revenue 8,377 8,737
Accrued compensation and benefits 8,005 11,486
Accrued expenses and other current liabilities 30,148 30,886
Operating lease liabilities, current 7,641 7,688
Accrued interest 4,535 4,791
Total current liabilities 80,599 82,233
Long-term debt, net of discount and deferred finance costs of $22,210 and $24,429, respectively 427,537 421,247
Deferred tax liability 18,888 16,763
Operating lease liability, net of current portion 40,511 42,101
Other long-term liabilities 6,397 7,266
Total liabilities 573,932 569,610
Stockholders’ deficit:    
Total common stock 191 175
Treasury stock, at cost; 965,399 and 965,399 shares of Class A common stock, respectively (11,200) (11,203)
Additional paid-in capital 329,993 319,818
Accumulated deficit (400,391) (353,195)
Non-controlling interest 2,197 3,413
Total stockholders’ deficit (79,210) (40,992)
Total liabilities and stockholders’ deficit 494,722 528,618
Class A common stock    
Stockholders’ deficit:    
Total common stock 178 162
Class B common stock    
Stockholders’ deficit:    
Total common stock 8 8
Class C common stock    
Stockholders’ deficit:    
Total common stock $ 5 $ 5