v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Net revenue $ 115,353 $ 115,448 $ 212,134 $ 214,123
Operating costs and expenses:        
Direct operating expenses, excluding depreciation, amortization, and stock-based compensation 84,510 82,829 160,087 158,645
Depreciation and amortization 4,783 4,558 9,479 8,973
Corporate expenses 6,051 6,198 10,874 10,920
Stock-based compensation 3,302 3,790 7,033 7,978
Transaction and business realignment costs 2,173 1,389 3,314 3,827
Impairment of intangible assets 26,643 1,500 35,231 1,500
Net loss (gain) on sales and retirement of assets 183 (5,866) (318) (5,903)
Total operating costs and expenses 127,645 94,398 225,700 185,940
Operating (loss) income (12,292) 21,050 (13,566) 28,183
Other expense:        
Interest expense, net 11,430 12,652 22,759 22,891
Loss on extinguishment of debt 0 0 0 1,452
Other expense, net 47 100 159 91
(Loss) income from operations before tax (23,769) 8,298 (36,484) 3,749
Income tax provision 18,037 6,289 2,365 3,251
Net (loss) income (41,806) 2,009 (38,849) 498
Net (loss) income attributable to:        
Controlling interests (41,976) 1,567 (39,202) (415)
Non-controlling interests $ 170 $ 442 $ 353 $ 913
Basic (loss) income per share (in dollars per share) $ (2.36) $ 0.10 $ (2.26) $ (0.03)
Diluted (loss) income per share (in dollars per share) $ (2.36) $ 0.09 $ (2.26) $ (0.03)
Weighted average shares outstanding:        
Basic (in shares) 17,818 16,225 17,312 16,057
Diluted (in shares) 17,818 16,509 17,312 16,057