v3.26.1
STOCK-BASED COMPENSATION (Tables)
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Payment Arrangement, Expensed and Capitalized, Amount
The following table summarizes stock-based compensation expense for the Company included in selling, general and administrative expenses within the consolidated statements of operations:

Three Months Ended June 30,
Six Months Ended June 30,

2026
2025
2026
2025
Restricted stock unit expense
$
0.8 
$
0.1 
$
1.4 
$
3.1 
Performance stock unit expense
— 
— 
— 
0.5 
Stock option expense
2.5 
— 
3.9 
0.4 
Total stock-based compensation expense
$
3.3 
$
0.1 
$
5.3 
$
4.0 
Schedule of Restricted Stock Unit, Activity The following table sets forth RSU activity under the Equity Plan for the six months ended June 30, 2026:
Number of Shares
Nonvested at January 1, 2026
5,931,940 
Granted
1,803,841 
Vested
(2,528,410)
Forfeited
(938,898)
Nonvested at June 30, 2026
4,268,473 
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions
The weighted average assumptions utilized to calculate the value of the options granted for the six months ended June 30, 2026 were as below:
Six Months Ended June 30, 2026
Expected term
6.25 years
Volatility
30.49%
Risk-free rate
3.74%
Expected dividend yield
0.04%
Weighted average grant date fair value
$8.22
Schedule of Share-Based Payment Arrangement, Option, Activity
The following table sets forth the options activity under the Equity Plan for the six months ended June 30, 2026.
Number of Shares
Weighted Average Exercise Price Per Share
Outstanding at January 1, 2026
2,799,169 
$
11.65 
Granted
4,157,878 
$
21.72 
Exercised
(215,000)
$
3.69 
Cancelled
— 
$
— 
Outstanding at June 30, 2026
6,742,047 
$
18.08