v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Operating Activities          
Net loss $ (36,155) $ (256,532) $ (28,147) $ (220,983)  
Adjustments to reconcile net income to cash used in operating activities:          
Depreciation and amortization     53,468 50,972  
Stock-based compensation expense     26,243 23,602  
Amortization of upfront incentive consideration     24,684 17,735  
Amortization of debt discount and issuance costs     19,932 14,916  
Provision for expected credit losses     5,209 1,103  
Deferred income taxes     3,641 32,277  
Other     3,112 (3,317)  
Loss on extinguishment of debt 230 85,182 2,958 85,182  
Loss from discontinued operations (218) 55,514 1,168 16,588  
Dividends received from equity method investments     961 1,042  
Payment of previously paid-in-kind interest     0 (199,938)  
Paid-in-kind interest     0 28,327  
Gain on sale of assets     0 (5,191)  
Changes in operating assets and liabilities:          
Accounts and other receivables     (69,409) (98,505)  
Prepaid expenses and other current assets     (17,920) 24,752  
Capitalized implementation costs     (2,423) (4,900)  
Upfront incentive consideration     (12,473) (9,481)  
Other assets     (22,492) (6,098)  
Accrued compensation and related benefits     (44,174) (59,349)  
Accounts payable and other accrued liabilities     (37,627) 37,763  
Deferred revenue including upfront solution fees     (4,722) (8,338)  
Cash used in operating activities     (98,011) (281,841)  
Investing Activities          
Additions to property and equipment     (47,632) (39,150)  
Proceeds from sale of assets     0 9,267  
Other investing activities     0 (200)  
Cash used in investing activities     (47,632) (30,083)  
Financing Activities          
Payments on borrowings from lenders     (195,415) (1,224,531)  
Proceeds on borrowings from lenders     150,000 1,325,000  
Payments on borrowings under Securitization Facility     (116,750) (39,000)  
Proceeds from borrowings under Securitization Facility     114,550 54,100  
Net Payments on Behalf under TSA     (10,196) 0  
Debt prepayment fees and issuance costs     (7,743) (71,094)  
Net payment on the settlement of equity-based awards     (5,326) (9,975)  
Other financing activities     2,000 0  
Cash (used in) provided by financing activities     (68,880) 34,500  
Cash Flows from Discontinued Operations          
Cash used in operating activities     (785) (22,616)  
Cash provided by (used in) investing activities     4,353 (1,788)  
Cash provided by (used in) discontinued operations     3,568 (24,404)  
Effect of exchange rate changes on cash, cash equivalents and restricted cash     (2,154) 3,453  
Decrease in cash, cash equivalents and restricted cash     (213,109) (298,375)  
Cash, cash equivalents and restricted cash at beginning of period     910,113 745,518 $ 745,518
Cash, cash equivalents and restricted cash at end of period $ 697,004 $ 447,143 $ 697,004 $ 447,143 $ 910,113