v3.26.1
Unaudited Condensed 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
Revenue:        
Total revenue $ 222,811 $ 226,038 $ 449,130 $ 456,345
Operating expenses:        
Cost of service revenue (exclusive of amounts shown below) 98,110 91,383 196,424 185,430
Cost of equipment revenue (exclusive of amounts shown below) 31,100 27,681 66,088 57,007
Engineering, design and development 9,667 12,522 16,159 26,397
Sales and marketing 13,286 14,741 26,777 28,951
General and administrative 23,989 28,633 50,197 58,152
Depreciation and amortization 17,009 15,117 32,148 29,260
Total operating expenses 193,161 190,077 387,793 385,197
Operating income 29,650 35,961 61,337 71,148
Other expense (income):        
Interest income (685) (1,182) (1,839) (1,772)
Interest expense 17,593 16,411 34,439 32,969
Change in fair value of Earnout Liability 7,200 3,900 2,257 3,900
Loss on extinguishment of debt 394 0 394 0
Other expense (income), net (1,622) (149) (1,717) 85
Total other expense 22,880 18,980 33,534 35,182
Income before income taxes 6,770 16,981 27,803 35,966
Income tax provision 8,779 4,174 16,727 11,117
Net income (loss) $ (2,009) $ 12,807 $ 11,076 $ 24,849
Net income (loss) attributable to common stock per share:        
Basic $ (0.01) $ 0.1 $ 0.08 $ 0.19
Diluted $ (0.01) $ 0.09 $ 0.08 $ 0.18
Weighted average number of shares:        
Weighted average shares outstanding basic 136,250 133,647 135,961 132,925
Weighted average shares outstanding diluted 136,250 136,897 136,890 135,971
Service [Member]        
Revenue:        
Total revenue $ 191,272 $ 193,965 $ 379,004 $ 392,577
Equipment [Member]        
Revenue:        
Total revenue $ 31,539 $ 32,073 $ 70,126 $ 63,768