v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ DEFICIT - USD ($)
$ in Thousands
Total
Series A Preferred Stock
Common Stock
Additional paid-in capital
Additional paid-in capital
Series A Preferred Stock
Accumulated deficit
Accumulated other comprehensive (loss) income
Temporary equity, beginning balance (in shares) at Dec. 31, 2024 315,789            
Temporary equity, beginning balance at Dec. 31, 2024 $ 380,179            
Increase (Decrease) in Temporary Equity [Roll Forward]              
Series A Preferred Stock adjustment to maximum redemptions value   $ 6,561          
Temporary equity, ending balance (in shares) at Mar. 31, 2025 315,789            
Temporary equity, ending balance at Mar. 31, 2025 $ 386,740            
Beginning balance (in shares) at Dec. 31, 2024     54,209,388        
Beginning balance at Dec. 31, 2024 (326,702)   $ 6 $ 101,495   $ (429,239) $ 1,036
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income (15,538)         (15,538)  
Foreign currency translation adjustment (32)           (32)
Unrealized loss on derivative instruments (184)           (184)
Series A Preferred Stock adjustment to maximum redemptions value   (6,561)     $ (6,561)    
Repurchased shares for tax withholding (in shares)     (226,860)        
Repurchased shares for tax withholding (342)     (342)      
Stock based compensation (in shares)     760,118        
Stock-based compensation 1,991     1,991      
Ending balance (in shares) at Mar. 31, 2025     54,742,646        
Ending balance at Mar. 31, 2025 $ (347,368)   $ 6 96,583   (444,777) 820
Temporary equity, beginning balance (in shares) at Dec. 31, 2024 315,789            
Temporary equity, beginning balance at Dec. 31, 2024 $ 380,179            
Temporary equity, ending balance (in shares) at Jun. 30, 2025 315,789            
Temporary equity, ending balance at Jun. 30, 2025 $ 393,376            
Beginning balance (in shares) at Dec. 31, 2024     54,209,388        
Beginning balance at Dec. 31, 2024 (326,702)   $ 6 101,495   (429,239) 1,036
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income (15,230)            
Foreign currency translation adjustment (95)            
Unrealized loss on derivative instruments (311)            
Ending balance (in shares) at Jun. 30, 2025     55,491,476        
Ending balance at Jun. 30, 2025 $ (350,990)   $ 6 92,843   (444,469) 630
Temporary equity, beginning balance (in shares) at Mar. 31, 2025 315,789            
Temporary equity, beginning balance at Mar. 31, 2025 $ 386,740            
Increase (Decrease) in Temporary Equity [Roll Forward]              
Series A Preferred Stock adjustment to maximum redemptions value   6,636          
Temporary equity, ending balance (in shares) at Jun. 30, 2025 315,789            
Temporary equity, ending balance at Jun. 30, 2025 $ 393,376            
Beginning balance (in shares) at Mar. 31, 2025     54,742,646        
Beginning balance at Mar. 31, 2025 (347,368)   $ 6 96,583   (444,777) 820
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income 308         308  
Foreign currency translation adjustment (63)           (63)
Unrealized loss on derivative instruments (127)           (127)
Series A Preferred Stock adjustment to maximum redemptions value   (6,636)     (6,636)    
Common Stock issued related to Ignis Acquisition (in shares)     617,189        
Common Stock issued related to Ignis Acquisition 1,191     1,191      
Repurchased shares for tax withholding (in shares)     (16,909)        
Repurchased shares for tax withholding (32)     (32)      
Stock based compensation (in shares)     148,550        
Stock-based compensation 1,737     1,737      
Ending balance (in shares) at Jun. 30, 2025     55,491,476        
Ending balance at Jun. 30, 2025 $ (350,990)   $ 6 92,843   (444,469) 630
Temporary equity, beginning balance (in shares) at Dec. 31, 2025 315,789.473684            
Temporary equity, beginning balance at Dec. 31, 2025 $ 407,257            
Increase (Decrease) in Temporary Equity [Roll Forward]              
Series A Preferred Stock adjustment to maximum redemptions value   7,028          
Temporary equity, ending balance (in shares) at Mar. 31, 2026 315,789            
Temporary equity, ending balance at Mar. 31, 2026 $ 414,285            
Beginning balance (in shares) at Dec. 31, 2025 55,894,663   55,894,683        
Beginning balance at Dec. 31, 2025 $ (342,591)   $ 6 82,315   (425,099) 187
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income (31,304)         (31,304)  
Foreign currency translation adjustment (1,258)           (1,258)
Series A Preferred Stock adjustment to maximum redemptions value   (7,028)     (7,028)    
Repurchased shares for tax withholding (in shares)     (265,743)        
Repurchased shares for tax withholding (520)     (520)      
Issuance of Common Shares upon settlement of liability-classified award (in shares)     407,497        
Issuance of Common Shares upon settlement of liability-classified award 883     883      
Issuance of Restricted Common Stock (in shares)     303,890        
Stock based compensation (in shares)     1,188,421        
Stock-based compensation 1,700     1,700      
Ending balance (in shares) at Mar. 31, 2026     57,528,748        
Ending balance at Mar. 31, 2026 $ (380,118)   $ 6 77,350   (456,403) (1,071)
Temporary equity, beginning balance (in shares) at Dec. 31, 2025 315,789.473684            
Temporary equity, beginning balance at Dec. 31, 2025 $ 407,257            
Temporary equity, ending balance (in shares) at Jun. 30, 2026 315,789.473684            
Temporary equity, ending balance at Jun. 30, 2026 $ 421,394            
Beginning balance (in shares) at Dec. 31, 2025 55,894,663   55,894,683        
Beginning balance at Dec. 31, 2025 $ (342,591)   $ 6 82,315   (425,099) 187
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income (31,802)            
Foreign currency translation adjustment (1,588)            
Unrealized loss on derivative instruments $ 0            
Ending balance (in shares) at Jun. 30, 2026 58,699,275   58,699,275        
Ending balance at Jun. 30, 2026 $ (387,092)   $ 6 71,204   (456,901) (1,401)
Temporary equity, beginning balance (in shares) at Mar. 31, 2026 315,789            
Temporary equity, beginning balance at Mar. 31, 2026 $ 414,285            
Increase (Decrease) in Temporary Equity [Roll Forward]              
Series A Preferred Stock adjustment to maximum redemptions value   7,109          
Temporary equity, ending balance (in shares) at Jun. 30, 2026 315,789.473684            
Temporary equity, ending balance at Jun. 30, 2026 $ 421,394            
Beginning balance (in shares) at Mar. 31, 2026     57,528,748        
Beginning balance at Mar. 31, 2026 (380,118)   $ 6 77,350   (456,403) (1,071)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income (498)         (498)  
Foreign currency translation adjustment (330)           (330)
Unrealized loss on derivative instruments 0            
Series A Preferred Stock adjustment to maximum redemptions value   $ (7,109)     $ (7,109)    
Common Stock issued related to Ignis Acquisition (in shares)     869,036        
Common Stock issued related to Ignis Acquisition 1,669     1,669      
Repurchased shares for tax withholding (51)     (51)      
Stock based compensation (in shares)     301,491        
Stock-based compensation $ (655)     (655)      
Ending balance (in shares) at Jun. 30, 2026 58,699,275   58,699,275        
Ending balance at Jun. 30, 2026 $ (387,092)   $ 6 $ 71,204   $ (456,901) $ (1,401)